Newspapers / The Journal-Patriot (North Wilkesboro, … / June 8, 1950, edition 1 / Page 11
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la Hfilkwil By R. K. DUNN and JASPER A. CHIPMAN . Mr. Roby Rhodes, of the Hay Meadow community made a fine catting of Alfalfa hay last week. This alfalfa was sown two years ago last fall and to still in fin* shape. If Mr. Rhode* keeps up his good treatment with high potash fertilise^ he will continue to get good hay from this seeding for several years to come. V . - ' Mr. Pedro Brooks of the Dehart community recently had the per sonnel of the Wilkes County Work Unit of the Tri-Creek Soil Con servation District assist him in ****** » diversion ditch to carry - the water around a wet place In a bottom field. This is one of the many things Mr. Brooks intends to do as a practice necessary to carry out a complete Soil and Wat er Conservatlbh' plan on his farm. bought a good farm near Traphill, N. C. Recently Mr. Gillian^ had the planning technician from the Soil Conservation Service assist him in preparing a land use map and plan on his farm. Among other things this plan provided a rotation of j good soil holding hay erpps and small grain on the better laying upland fields. Good pasture on the more rolling land, did a cropping system on his bottom land where* by he could sow crimson plover in his corn when he lays it by }n order to raise corn on the land each year and at the same time hope to increase his yields per acre. Mr. James Pardue who lives on highway 421 near Clingman has a fine field of grass and clover on a piece of steep land laying along the highway. Mr. Pardue recog nized the fact that his steep land was good only for growing a good soil holding crop and he is doing an excellent job of using it ac cording to its capabilities. Last year Mr: Roy Gilliam New Taxes Would Hit Low Income If all personal incomes In ex cess of $10,000 a year were con fiscated by Uncle Sam, it would barely give him the additional money needed to wipe out the $5 1-2 billion deficit and finance the $1 billion first year's cost of the new Federal spending pro grams proposed in the 1951 bud get. Since the nation faces a choice of submitting to higher taxes or reducing Federal spending if Uncle Sam Is to live within his income, the Council of State Chambers of Commerce today pointed up some of the difficul ties in increasing Federal reve nus. This study revealed that if, for instance, the Federal Government set $50,000 as the maximum in come that could be retained by individuals and took outright all income above $50,000, it would get only about $843 million more than it gets now from present taxes on those incomes. This $843 million would be enough to run the Federal Government only one week. Or suppose Uncle Sam called $25,000 the most anyone could LOVELY SPANISH DANCER Pepita Marco la shown in happier days holding • picture of her erstwhile fiance, bullfighter Mario Cabre, whom she now a "hypocrite. ** Pepita, who became engaged to Mario 18 months ago In Madrid, stomped on his pictures and tore up his love letters as reporters interviewed her in her New York apartment (International) I have and took everything made above that figure. Thfit would give the Government a little over $2 billion in additional revenue. This is Just a little less than the Government intends to spend on agricultural activities and subsid ies alone in 1951. But, of course, Uncle Sam would never thing of taking Buch a big tax bite because he knows he would destroy all personal incen tives to earn that much again. The survey showed further that in spite of the high taxes on in comes of $100,000 and over, Uncle Sam - collected only 1.2 billion from 10,844 persons with such incomes in 1947 which is the lat est year for which complete statis tics are available. This total was only 6 1-2 pr cent of all income taxes paid that year. And tax rates on incomes over $100,001 that year ranged from 6.7 per cent to as high as 91 per cent. On the other hand, 51 million taxpayers reporting incomes of less than $5,000 in 1947 paid $8 1-2 billion which is 48 _per cent or almost half of the income taxes collected that year. The Council said, "Thre is no getting around the fact that any additional burden Of taxes must fall on the lower income groups. They have only two choices: sub mitting to more taxes or demand ing cuts in present spending with a halt to new spending." Mrs. Wright, 83, Is Claimed By Death Mrs. Margaret Caudle Wright, 83, died Monday morning at the home of her son, J. L». Wright, in the Thurmond community. Surviv ing are her son, with whom she resided; two grandchildren; one brother, H. A. Caudle of Sparta; and one sister, Mrs. Tyson Wil moth of Thurmond. Funeral wat held Tuesday at 2 p. m. at White Rock Methodist Church. Burial was in the church cemetery: SUPPORT THE CANCER FUND I ■ 'II — I ... Beat the high cost of living! Buy RYTEX FI4QHT Printed Stationery daring the DOUBLE THE USUAL QUANTITY Sale at Carter-Hubbard Publishing Com pany. You actually get TWICE AS MUCH AS USUAL during this June Sale. Listen to this! 200 Single Sheets, or 100 Double Sheets, or 100 Large Flat Sheets, aad 100 Envelope* • • • printed with your Name and Address tor only $1.60. You'll like FLIGHT . . . lt'« a favorite with everyone with ita medium-weight paper In White or Brhe and it'e Bine lined Envelopes. Bo bny It at Carter-Hubbard Publishing Company during this DOUBLE QUANTITY Sale! Remember RT TEX FLIGHT at Carter-Hubbard Publishing Company . . . remem ber you get TWICE AS MUCH AS USUAL in June! .'
The Journal-Patriot (North Wilkesboro, N.C.)
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June 8, 1950, edition 1
11
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