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About The Plattsmouth journal. (Plattsmouth, Neb.) 1901-current | View Entire Issue (Aug. 4, 1949)
H 4 Urge Revision oi 1 axes to Avert Chaos BUFFALO, N. Y. 'J.P) Far reachine reforms in federal, taie and municipal tax sys tems are recommended in a new book by Dean Harold M. Scmers of the school of business "dmmisi ration of the Univer se v of iiu.Talo. , The book. "Public Finance 'L: National Income." deals war- the major developments in PC'Veriiment financial policy, ec ' 'noT.ic theory and business-ry-analysis c'uring the last A. s. itinq: that America's tax .st'Vi could be reformed with gre.- benefit to our economy, tJeav oomers believes the prob "n ' - inter-government finance :nu;t be faced squarely and iier.l: with immediately ' if vir 'u:J chaos is to be avoided." ' Gi cater v.iformity el state "X i.v.vs. greater co-ordination of federal and .state policies and "loser integration of state and oc.1! finance are imperative." he hi -ok .'.ays. Too .Much Confusion. Tr- present tax struct ur.'s of hr y -spec-five levels of povern T have crown up. as most p""'-, 01 ary economic structure ie ;rovn up. on a piece meal -as... in responre to urgent -'s. 'ne branching cut of the ta t -, into general r.ales taxes - into income taxes is cer ; y explainable in large par way. The widespread and Kdwin T. McKugh Attorney-at-Law Murdock, Nebraska sin A Long Line But Less Time! T Less Money! No more hanging clothes -on the line for you if we do your laundry work. The laundry bag: may repre sent a long; line of work, but you don't have to worry. For a low cost we will give you a finished job so clean, so nicely ironed you will always be on.r patron. -1 1G Main, our Plattsmouth agency. WE GUARANTEE SATISFACTION 5! 11 Rager's Laundry Glenwood, Iowa fa IO Saves Time! Saves Money! Saves You! Cleaning and Pressing at Moderate Prices. STATEMENT OF CONDITION of he PLATTSMOUTH LOAN AND )f Plattsmouth. Nebraska, at the close of business June 30, 1949. 4 CERTIFICATE NO. 20 RESOUFCES Loans to Members on Real Estate: a. First Mortgage Direct Reduction Loans $321,127.22 interest on Loans Accrued and Unpaid 500.46 leal Estate Sold on Contract 2,851.35 furniture. Fixtures and Equipment 1.00 Stock in Federal Home Loan Bank 2.500.00 jonds 32,000.00 7ash on Hand and Due from Banks 8.253.41 TOTAL ASSETS $367,233.44 LIABILITIES 'nvestment Shares of Members a. Installment and Dividends $118,109.71 V- Full-Paid 173,800.00 )ue Borrower on Incomplete Loans 7,614.48 Jills Payable 12.75 jndivided Profits 4.339.17 dividends Declared. Unpaid and Uncredited 91.50 teserves a. General 48,264.12 b. Federal Insurance (if insured) 4,500.00 c. Uncollected Interest on Loans 500.46 )ther Liabilities 10,001.25 TOTAL LIABILITIES $367,233.44 STATE OF NEBRASKA, County of Cass, ss. . i, C. A. Johnson, Albert Olson, President, Secretary of the .bove named Association, do solemnly swear that the foregoing tatement of the condition of the said Association is true and cor ect to the best of my knowledge and belief. C. A. JOHNSON, ALBERT OLSON, President-Secretary Subscribed and sworn to before me this 27th day of July, A. D.f 949. pp'-oved : V C. SOENNICHSEN, E. H. BERNHARDT, " C. H. JOHNSON, ' Directors. ;EAL) WALTER H. SMITH, Notary Public My Commission Expires June 1, 1950. No. 1033, August 4, 8, 11, 1949. prowin tendency cf local gov- i ernment to do the same thing! means that the confusion grows greater and greater." Sympathizing with individu als, business firms and govern ment employes for the amount j ol worK necessary to prepare and process myriad tax forms. Dean Somers' book suggests nu merous tax reforms. Among the major suggestions are: 'Increased flexibility in tax rates, so they might be chang ed in conformity with economic trends and needs. "Elimination of the double taxation of dividends." (How ever, he points out that '"the double taxation argument holds only on the assumption that corporate profits are not shift ed." "Averaging of income and carrying over of losses. Revisions L'rped. "Revision of capital pains tax to reduce its influence on eco nomic stability. "A revision of the penalty tax on unreasonable accumulation of surplus. "Elimination of tax exemption as a refuge for small number of bondholders. "Removal of the many deter rents to the growth of new small enterprises. "Setting of tax rates in rela tion to the resources as well as the income of the firm. "Imposition of a "value-added' tax to avoid the pyramiding of taxes which occurs when shif table taxes are imposed at successive stages in the manu facture oi goods." lMg Family Sees Circus SPRINGFIELD. Mass. (U.Ri A local firm that offered free cir cus tickets to the largest family in the city had to use five se dans to transport the winners. Mrs. Emily Sevigne won with her 15 children, all under 21 years of age. and Cleaners Plattsmouth, Nebr. BUILDING ASSOCIATION I - I a Ha ra mmmrm. Baasm a a a a aa. raa tinma 1 ft IAI S IA lla4 AMPPft I UlNVlK Id HDSPIIAL WHLHh PAIN KNUWS NU UKLbu DENVER, Colo. In 1899 an insti tution dedicated to the principle that pain knows no creed was found ed here. This year that institution, the National Jewish hospital at Denver, celebrates its 5Dth anniver sary as the nation's first free, non sectarian institution for the tuber- culosis needy. ! Since its inception in 1899 this In : stitution has served as a beacon for j men, women and children of all j faiths. In the lata 1800s, Denver was : the destination of thousands of tu : berculars who participated in a mass ' exodus from the eastern cities where I they had fallen victim to the "white I plague." l First Patient a Catholic. X.ured on by the rumor that the 'God-given climate of Denver was a f cure for tuberculosis, these people i came on foot and on wagon, in ' trains and on mule to Denver, there to literally die in the streets, be cause there were no facilities for 'their care. X overcome their plight, a Croup of public-spirited citizens undertook to form a hospital in Denver which would offer free tuberculosis care and treatment. Finally, in 1899, with the cooper ation of B'nai B'rith, national Jewish fraternal organization, the hospital was founded. Since its founding, the hospital has been completely non-sectarian. Its first patient in 1899 was a young Catholic girt Throughout the years its patient load has .comprised more than 60 per sent of persons of the Christian faith. In its five decades of service, the National Jewish hospital has oper ated with the underlying philosophy of its simple mctto permeating all of its activities. The motto "None may enter who can pay none can pay who enter" has been lived up to in every respect. More than 3,000,000 days of free patient care have been offered. More than 40,000 patients have been treated. No patient has ever been arked nor permitted to pay for any form cf treatment. National in Scope. Patients on the roster of the hos pital hail from the length and the breadth of America. Truly national in scoie, NJH has served as an ad junct to the tuberculosis treatment SMALLEST STATE ALSO HAS SMALLEST LOT PROVIDENCE. R. I. (U.Ri This capital city of Rhode Island, smallest of the 48 states, also claims the "smallest lot in the world." It's a piece of city-owned land which measures one hundredth of a square foot. The lot's size was determined in the 1930's when the city acquired several parcels of land to widen Reser voir Avenue. On the basis of present tax rates and if the city paid taxes to itself, the bill would be one hundreth of a cent yearly. Omaha Fat Cattle Trade Less Brisk: HogSj Lambs High Buying action in the Omana fat cattle trade lost some of ito bloom Tuesday. Liberal offer ings supplied enough price lev erage to slow the tempo down to a steady to 50c lower gait. Only the better light steers and heifers escaped the full impact. Plain quality offerings and heavy steers showed most los. Some cows collected steady money, but the main, quotations again eased toward lower terri tory. Bull prices braced from the recent slump. Stock cattle ruled steady; plain quality feed ers hard to move. Choice light steers and mixed yearlings brought $26.75 at $27.50; heifers top $27.00. Many fat steers and heifers went at $25.50 to $26.50, last figure taking long-fed 1, 360 pound beeves. Medium to good steers and heifers $21.00 to $25.00, common down to $16.00. Some' good fleshy cows had to take, $15.50 to $16.25 and only specialty offerings could reach $17.00. Top on bulls was restrict ed to $18.00. Fair to good stock steers drew $18.00 to $21.50; choice fleshy heifers $21.75. Moderate supplies again sup ported a generally steady hog market, some weighty sows 50c higher for two days. Top was $22.75, other 180 to 250 pound butchers $22.50 up. Weights over 250 pounds again scarce. Sows in the 270-330 pound range $19.25 to $20.00; averages 330 360 pounds $18.00 to $19.50; 360 to 400 pounds $17.00 to $18.50; 400 to 550's, $16.00 to $17.50. Stags $10.00 to $13.00, Inquiry for dressed lamb picked up and the local market ruled firm to strong, best natives 25c higher. Better natives and westerns $24.50 to $24.75, top natives $25. 00, plainer down to $21.50. Fat ewes steady at $9.50 down. Breeding ewes 50c higher at $10.50 to $12.50. Feeding lambs $19.00 to $22.25. Boedeker & Cottingham, 20" steers, wt. 1302, $27.25. Emil F. Schmidt, 89 lambs, wt. 89, $24.00 (top July 26 1. Harry Knobbe, 8 steers and heifers, wt. 880, $26.75. Melvin Todd, 22 steers, wt. 1132, $26.60. .V". I 4. St- More than 40,000 tuberculosis sufferers have been treated free of charge at the National Jewish hospital in Denver, Colo., since the non sectarian "Haven of Hope in the Hills" was founded there in 1899 50 years ago by a group of public-spirited citizens la cooperation with B'nai B'rith, national Jewish fraternal organisation, facilities of such cities as New York, Chicago, Los Angeles, Dallas and countless thousands of rural com munities between those metropolitan areas. Today the hospital stands at a peak of pre-eminence in the field of medicine. It has won both national and international acclaim. In its technical excel lence, its research facilities, its countless contributions to the ever-expanding science of caring fcr the tuberculous, the National Jewish hospital has been like a beaccn, ever transmitting the light of Lope, The Veterans' administration, for example, recognizing its pre-eminence in the field, send specialists to the National Jewish hospital for advance training in tuberculosis control techniques. Hie World Health organization also utilizes the hospital as the United States train ing site for its tuberculosis control specialists by sending international tuberculosis authorities of such far off lands as China to study the lat est methods as developed and prac ticed at this institution. Ybdwwka j Mr. and Mrs. E. L. Wilson re i ceived word that their nephew, """" " " r condition was improved. Mr. and Mrs. Bill Kruger of Lincoln were lunch guests Sun day evening of Mr. and Mrs. Ar thur Wolph. Mr. and Mrs. Thomas Geary of Chicago visited at the home of Mr. and Mrs. Arthur Wolph for several days last week. They made a trip to Boy's Town Wednesday. Mr. and Mrs. Wolph and their guests were enter tained at dinner at the home of Mr. and Mrs. Albert Anderson Wednesday evening. Marilyn Embury was an emer gency appendectomy patient at St. Mary's hospital at Nebraska City Wednesday evening. Mr. and Mrs. Lynn Banks of Omaha visited thei rparents, Mr. and Mrs. uene isanKS ana ir- and Mrs. George Kime Satur day. Mrs. Henry Ross and Mrs. E A. Nutzman were in Lincoln on ouMnesi, Monadj. 1frtJ Mr. and Mrs. Olin Lundberg f, and Mrs Carl Bal our. 57th weddi called on Silas Munn at Avoca Sunday and were Sunday Mr. Munn is ill at the erltertained at dirfner at the home of his daughbter Mrs. El- Harshman. Us Lacy. They also visited Mrs. were Mr. and Mrs. is "vfsittnlaesa? Aoca Harold Dodson and family, Mr. . . , , . ... . Linnea Betts and sons, Mr. and Sunday honored the birthdays of r , " T7 tV, -mi , . , Mrs. V. O. Lundberg, Mr. and Carl and Kent Balfour, Mrs. ,r ,,, - Maude Giles, Henry Ross, Mrs. J' nnr?? Tndhe nf Edwin Schomaker. Neil Balfour Jt1 and Dons Lundber of and Mrs. Steve Eglsaer of Ne-,""cin- . B M5 U-nPUn Olfl? Callers at the home of Mr. and Mrs. Elmer Ross Thursday after noon were her uncle and aunt, Mr. and Mrs. Stuart Lyle and :im t-,. , 1 1 V ,,,j, j - ' Floy Buell of Murdoch and her erandm other, Mrs. Lucy Lyle of Elm wood. Mr. and Mrs. Clarence Ross. Mr. and Mrs. Martin Ross en- joyed a picnic at Pioneer Park, at Lincoln Sunday evening and later attended the opera, "Pi rates." from Penzanceat Pine wood bowl. Mr. and Mrs. Eno Ahrens of Louisville and Mr. and Mrs. Ly- Grace Methodist church in Lin man Anderson were dinner coin Sunday evening, August 7. quests Sundav of Mr. and Mrs. On Friday afternoon Mrs. R. C. Dan Anderson. Mr. and Mrs. Pollard entertained 32 at her Bob Romans came Saturday for home. Mrs. Ivan Hansen sang thir son. Rickev. "Because," Mrs. Glen Thacker, Mrs. Lewis Ross, Mrs. Fred Mrs. Ivan Hansen, Mrs. Ned Marauardt and children of Nutzman, Mildred and Janet Avoca. Mrs. Bedia Stander of Nutzman sang "Through the Louisville left Wednesdav for Years," "Always," and "An Old Sorhrrfipld. Mo., to xisit Mr. and , Fashioned Garden." They were Mrs. K. V. WhitP and family. accompanied by Mrs. Elmer Ross. Mr. and Mrs. Walter Wunder- Imogene was presented with a lich left Fridav for their cabin silver tray. at Masonic Pqrk in Colorado. I Mrs. Roy Chrowisser enter Mr. and Mrs. Lee Seemann of tained 40 guests at the home of Omaha were Saturdav nisht and Sundav cuests "f Mr. and Mrs. Robert Wunderlich. Mrs. Sidney Gordon of Omaha was a guest for dinner Tuesday - - tM Lung -Collapsing Technique. Recently, its surgeons developed a new technique for collapsing an in fected lung. Hie standard operating procedure in this case would be to perform a thoracoplasty in which several of the ribs are removed as a means of collapsing the lung and arresting the disease. The procedure, while effective in collapsing the lung, also results in a permanent disfigurement of the patient. With the new NJH technique, small lucite balls are inserted through a small aperture in the chest until the weight of these balls is sufficient to collapse the lung. Result: an arresting of the infection without the permanent disfigurement. The technique is but one cf the many contribu tions to tuberculosis treatment and control pioneered by this "Haven of Hope in the Hills." The patients find, in addition to the excellence of the treatment of fered, that the hospital gives them hope, the most priceless ingredient in any program of treatment for the tuberculous. at the home of Mr. and Mrs. Robert Wunderlich. Ed. and Mary Lou Beins of Bentley, Kan., Tom and Fred Beins. Miss Mary Jean Harris of Plattsmouth were supper guests Friday evening at the home of Mr. and Mrs. E. L. Wil I son. Ed. and Mary Lou Beins were called here by the death oler at Platts- mouth and will spend two weeKs . ... ,t, ttl, rnmmn. with relatives in this commu nity. Ted Wilson and a number of boys of Avoca left Sunday for Minnesota to work in the flax fields. Mr. and Mrs. Nelson Berger at tended a picnic Sunday at Peter Pan park in Lincoln. Miss Al legra Wilkins and her mother of Lincoln were hostesses. The pic nic was in honor of Mr. and Mrs. Lawrence Wilkins and daughter, Carol Lee of Elmhurst, 111., who were enroute to Denver to visit relatives. Other quests were Mr. and Mrs. Paul Wilkins, Mr. and Mrs. Carl Wilkins and family of DeWitt, Mr. and Mrs. Will Dam kroeeer, Larry Owens, Mrs. Glora Finch and Mrs. f. L. Chaplin of Lincoln. Mr. and Mrs. Sheldon Mitchel and Julia were dinner cuests Sunday of Mr. and Mrs. Marion i Tucker. mt" ftiA AU1' WAJf 1AUH( v t v Joereer and son attended the Western League ball game at Omaha Wednesday evening. Sundav afternoon callers of Mrs. Annie Harshman were Mr. and Mrs. Ingwer Peterson and . ,&tpj -rr Mr. and Mrs. Fred Voss of Mil lard. Mr. and Mrs. Henry Ross and Mrs. E. A. Nutzman called on rs' Den? Ruhge at Avoca Sun evemns Bride to Be Honored A series of parties have been held the past week for Imogene Pollard, who will be married at her mother, Mrs. Walter Engle- kemeier, at Murray on Satur dav with a bathroom and hpd- room shower. Imogene received! mini' Invplv rrift-e many lovely gifts. Tuesday a miscellaneous show er was given at the home of Miss Evelyn Wolph. Assisting here were Mrs. Emily Olive of Weep ing Water, Mrs. Carl Balfour, Mrs. John Tyson and Mrs. Dan Anderson. Seventy-five were present. Mildred Nutzman, Mrs. Lyman Anderson, Gertrude Olive and Marilyn Olive and Mrs. El mer Ross presented musical numbers. Mrs. Ivan Hansen pre sented the bride-to-be with a gift from the Maple Grove Ex tension club. Mrs. Roy Chris wisser and Gertrude Olive served from the table. Appointments were in pastel shades. On Wednesday morning Mrs., Marion Tucker entertained 36 at a handkerchief shower and breakfast honoring Imogene. Mrs. Glen Thacker and Mrs. George Shelds assisted her. Mrs. F. O. Sand accompanied Mrs. George Bischof to St. Louis Friday where they visited Mar garet Bischof, who is a nurse at the U. S. Marine hospital there. On Sundav they attended the ODera, "Bittersweet" at the out door theatre in Forerft Park. Brian Sullivan. Metropolitan ten or, was the star. Twelve thou sand attended the opera. On Friday night while the street lights were off, someone tried to break into the Sheldon store. Mr. and Mrs. Banks, who live above their store across the street, heard the noise and turned on the light in front of their store. The men ran to their car and left. Sheldon Mitchel found the lock on the door had been tampered with. Joan Kroon was home to spend Sundav with her Darents, Mr. and Mrs. Ernest Kropp. Joan has accepted a position with the advertisine denartment of Mil-ler-Paine in Lincoln. She will return to the Universitv in the fall to resume her studies and remain at MiUer-Paine for part time work. Shy1 will receive her degree in journalism in Febru ary. Mr. and Mrs. Leo Bischof and sons of Lincoln were suDper guests of Mr. and Mrs. F. O. Sand on Wednesday evening. Jcy. and Greg remained for an indefinite stay. Mr. and Mrs. Verner Lundberg Jr., and family will leave Friday evening for Columbus, Ohio, where Verner will work for the Omar company. Mrs. Lundberg and the children will remain us tresis Save Money Now! Convenient Terms! Space, space, and more space all where you need it most! Let your IH Refrigeration dealer show you these amazing Big-3 features also extra big crispers and enormous "Pantry- Ieta giites Farm Hqpt. & Truck o. Chicago Avenue Plattsmouth 4 i f THE PLATTSMOUTH. NEBRASKA, SEMI-WEEKLY JOURNAL Thursday, August 4, 1949 PAGE THREE with her parents at Winnetka, 111., until Verner finds living quarters at Columbus. Elaine and Beryl Peters have returned from North Carolina where they visited their parents, Mr. and Mrs. Ted Peters. Their father accompanied them and after a short visit with Mr. and Mrs. A. B. Small and Miss Lil lian Small they drove to Fair field. Iowa, to visit their grand parents. Their mother, who is hospitalized in a sanitarium with tuberculosis is improving. The girls make their home here with the Small family while their mother is in the hospital. Mr. and Mrs. Howard Macy and daughters, Delores and Joan Pealer Sbrwcs Plattsmouth Motors DIAL 266 for INTERNATIONAL HARVESTER Vt 8-H-5 2997S Bin." Quiet "Tight -Wad" mecha nism costs little to run; 5-year plan for your protection. See this Super DeLuxe Refrigerator now! For more space at most savings! of Vermillion, S. D., spent the day Sunday with Mr. and Mrs. A. B. Small and Lillian Small. They were enroute to Denver. The twin daughters oT Rev. and Mrs. Moore were named Judy Fay and Janice Kay. Mrs. Malcolm Pollard and in fant daughter, Cheryl Elizabeth, returned from Clarkson hospital in Omaha on Sunday. LIGHT HAULING SAND - GRAVEL - ROCK for Plastering, Building or Roads Call 3224 When your Ford needs care, you're vise to take it "home" for service. Nobody but c Ford Dealer knows it to well. We're set up to service Fords right, to B'v yu 'he savings of: Ford-trained Mechanics Genuine Ford Parts Factory-approved Methods Special Ford Equipment PLATTSMOUTH V T mm URGES combined frozen food, fresh meat and bottle capacity of any 8 cubic-foot refrigerator! Bj(7 Freezer "Stow away" holds 36 lbs. frozen food I USUI "Frigi- drawer" UVi lbs. fish, meat, poultry I Bottle storage holdt 12 full quarts plus I