Newspapers / Tabor City Tribune (Tabor … / March 25, 1959, edition 1 / Page 2
Part of Tabor City Tribune (Tabor City, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Notional Outlook clear that there Is ι tap η probably Irreconcilable dlffei MM ei opinion «ι the taue ο «■iittiM. and proper governmen policies. The difference U no only between various member« ο ' Congress, but also exists betweei I* various members of Congress but «too exists between one larg segment of the Congress an· the Administration. Most recent evidence of thi spilt to contained in the report ο the Joint Economic Commltte* on the President's 1959 Econo mlc Report. For the first tim< In years, members of the Join Committee were unable to adjis their opinions sufficiently ti make a unanimous report. In to day's column we shall outUn< the views of the majority of th< Joint Committee. Next week w< shall review the conclusion ο I the minority. Two preliminary points neei to be made. First, by law th Joint Committee Is required t make an appraisal of the Presl I dent's report; and it is standan procedure for the Committee shortly after the report become available, to have a series η healings from which it presum ably gets aid in preparing it own analysis. The practice wa followed this year. The first wil ness was Dr. Raymond J. Saul nier. chairman of the Council ο I Economic Advisers which ha responsibility for prenaprgi responsibility for preparing th I first draft of the President's rt port. The second witness wa Budget Director Maurice VI Stans. and he was followed bv long list of other authoritativ spoke«men. I Disagreement within the Join I Committee came on the seeon« j day of hearings. The chairman Senator Paul Douglas iD-111. ' opened with a statement whirl brought an immediate respons from Thomas Curtis <R-Mo.> I the effect that it was imprope to draw conclusions before th evidence was in. This was th • sharpest flair-up during the heat ings. but the difference of opin ion persisted. The second preliminary poin is that there are many <ouw opinions expressed in the i:ia j jority report. The difficulty i that practically all of these wer given a secondary place, witl ' the main emphasis going in a dil ι ferent direction. For example I I was said: "Until evidence of a: imminent inflationary threat ca he clearly seen ... a reasonabl and sane public policy aimc at promoting maximum employ ment arid production and ν:·?οι our expansion of the eennom should not be unduly deterre by the possibility of future infli tion." There are two basic errors i that statement: 1. While it i true that currently prices at tot t retail and wholesale are seasor ably stable, and there is genera ' agreement that such stabilit will continue for several month the lack of either an upward c t downward moTiam la the in-1 ι offsetting inenmi, swathing \ t which la not indicative of long ι ι ranee stability. S. History proves < . that the time to prevent infla f Uon la before it geta started 1 I Moat of the loaa in the value of « the dollar haa resulted from pol- I > idea, both governmental and pri- 1 f vate. which had η delayed effect, t > This Is the time, therefore, when » ■ it is of utmost Importance not « t to adopt policies or program« t which win have an inflationary 1 t impact - t > The majority report complete· I ■ ly rejects this point of view and ι • recommends: Extension of unemployment > compensation ith an increase of . [ both coverage and payments; . An easing of the restraints on 1 money and credit by the Federal 1 » Reserve System; ! > Setting up a capital budget for J - federal expenditures; 1 Increase spending for military | . purposes: 5 f "Cut back on bbusiness and fam subsidies and use the sav-; . ings for slum clearance, depres-l . sod areas, schools, hospl'als. _ medical reearch and a mure equitable farm program;" ( "Provide substantial federal as s slstance to the states and locali ties for expanding schoon con struction program and for im proving standards of instruc tion." "No curtailment of our foreign I economic assistance programs or of our participation in interna-; t ional proßrams to promote eco nomic development abroad;" j ind. Under take the "numerous op-^ *v rtunitics for expansion of eco-l ' nomically sound natural-re-J ' oiirce-dovelopsrrnt and ptiblic-J ·* orfcs project in nreas of hi>rh ' n«l persistent unemployment." , The auareunt" of cost of the·* leas would l>o billions u;>nn , 'i· ns of dollars. If *ve are to pre | vent inflation it is not pmsib* j "·'« adopt such a program. a< !' minority points out most ••f-'o ι f tively. and as we shall rcvii-. ι 1 next week. ;j ;; ed Devils Lea«1. ; ?seballRace 1 Coach Bermey Stevens' Tabor j 1 ty City Red Devils and the! Mizabethtown Yellow Jackets, i - aland her Lynn King. —f id ■ the top bMibill teams of the ITaccamaw Athletic Association fter the first week of action rithtn the β-scbool circuit. The Devils nipped Whlteville's rolfpack, Μ, and then dec!· lotted Shallotte. 5-2; while Ellia. «thtown downed Shallotte. 29 4. In an opening slugfeat, and ben followed with a 4-3 tri imph over Chad bourns Panth rm. WhiteviUe's Wolfpack came ack to beat Bladenboro, 5-4, af er their loss to Tabor City and lladenbor had a previous 3-1 rtn over Chadbourn. In 8:15 p.m. games ixjoked his week, the WAA schedule i: TUESDAY —- Bladenboro at abor City. WhltevUle at Eliza lethtown. Chadbourn at Shal otte; THURSDAY — Shalottc t Bladenboro. Eliza be thtown at rabor City. Chadbourn at White 4M. Tabor City S Ο 1.000 EUiabetktown 2 0 1.000 Bladenboro 1 1 .500 Whiteville 1 I .900 Chadbourn 0 2 .000 Shallotte 0 2 .000 LUNG CANCER USING The shocking increase in lung cancer continues. The A merican Cancer Society stales that 35,000 Americans will die of lung cancer this year and 30, 000 of them will be men. The' Society urges a yearly chest x-| ray for all adults. FELVIC CHECKUPS URGED Uterine cancer is the second most common form of cancer in women. But the site is accessi ble for early detection and treatment, according to the A merican Cancer Society. A per iodic pelvic checkup including a simple cell examination guar antees a high rate of cure. «β ß 3 am"33* 1 /J3KL· i "Whal Protects Honey I Deposit In The Waccamaw Bank?" First of all (and we're proud to repeat what others have expressed) sound management — which is reflected in olir careful lending policies. The safety of depositors' funds is our first con cern in considering any loan. Then, deposits here are insured by the Federal Deposit Insurance Corporation to the maximum of $10,000 for each depositor. The insurance costs depositors nothing. These, as well as physical safeguards, add up to the kind of protection that most people seek. WACCAMAW BANK & TRUST COMPANY welcomes your account! Waccamaw Bank Personalized Services Include: •—3% Paid on all Certificates of Deposit. •—FREE Personalized Checks. •—Auto Loans at 5 '/o Interest. •—Safety Deposit Boxes. •—Loans on Life Insurance Policies. •—Credit Rating Source. BANK&TRÜS1 UMBER FEDERAL DEPOSIT INSURANCE COVOBATM· Tabor City Whiteville Chaclbourn Southport Kenansville Beulaville Clarkton Fairmont Shallotte Rose Hill PREEASTER SALE Of Hen's Tropical SUITS Regular $37.50 • LONGS • REGULARS • SHORTS Size 36 To 46 $29.98 Styled in 55% dacron, 45% wool, 75% dacron, 25% cotton — 50% rayon, 50% acetate — Suit· that you find selling for $45.00. BUY DURING THIS WONDERFUL SELLING EVENT! —ONE LOT MEN' WASH AND WEAR Specially Priced For Pre-Ea»ter Event— SUITS $1698 —All Sizes WHITEVILLE, N. C. RITZ Theatre Phone 4741 Tabor City, N. C. Thür». & Fri. March 26-27 Richard Widmark in "THE TRAP" Saturday March 28 Richard Denning in "Buckskin Lady" also Bud William· in Spacemaster X-7 Sun. and Mon. March 29-30 uiu«nncTwu JAMES mm [Αι KRÜH ΊΒ310' fly WW SKI · INK Mil MMtw nur·-« >m*m* rm «m ι».-» »«..•«iJiSriV"ΊΞΓΥ*"βιιττ»ι 1 * · -Lr-—. . · -m Bell, Book & Candle Tue·, and Wed. March 31-April 1 Brian Keith in "VILLA" COLE'S Whiteville Tabor City, N. C. -Healthy Baby Chicks and Col·'· Starter Cramblo Feed for baby chicks. We have our new T. W. Wood A Sons garden seed, seed potatoes, seed corn, soy beans, •*Or and late, carpet grass, fescue, clorer— Baby pig starter feed pellets with aureomycin, also pig grower feed medicated— We carry at all times a complete line of Colo Milling Co. feeds. Fermate and Tobacco Dust Staple Groceries & Cole's Best Flour φ We Are Open Wednesday Afternoons (fimioiif WHERE YOUR 'DOLLAR BUYS MORE Instant-Action Recoil Starter Leaf Mulcher Included . . . No Extra Charge 2!/4 H.P. Clinton Adjustable Cutting Height ; Carbon Steel Blade ι Stays Sharp Longer ι Special Handle that ι Prevents Mower from ν Rolling Backwards Rock Bottom Price ! m -INCH e POWER loaded with features you'd never expect c at this price i k 8-0-159 € HERE'S A REAL CHANCE TO MAKE AN OUTSTANDING BUY! TRADE-IN YOUR OLD MOWER... either power mower or push type GET OUR GENEROUS TRADE-IN ALLOWANCE » ' We're sure that if you know real power mower value . . . you'll recognize this as the sea son's best buy! Quality construc tion throughout... with those big "plus" features you'd expect to cost a lot, more. We invite you to come and see for your self just how much extra value is built into these mowers. Very easy to buy too... the Firestone budget plan lets you take months to pay on terms to fit your budget. EVLHY PUWEK ROWER IN OUR LINE ON SALE! INCLUDING THE FAMOUS GEMCO POWER MOWER* I AVAILABLE IN SIZES 20 · INCH TO 24 · INCH We Rongh! These Direct From The Factory So The Savings Coold Be Passed To Ton '* DICUS FIRESTONE DEALER TABOR CITY, N. C.
Tabor City Tribune (Tabor City, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
March 25, 1959, edition 1
2
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75