dend income.
•
The 4.5 billion dollars eurne 1 al,
corporate savings is a far cry from
the "profiteer” pictures painted by
th .se who would change our way
of economic life. For the most
part, this is the source of the la
boring man’s income. This 2.8'J
return to corporations is their
share of a system which puts
71.1into the pockets of the em
ployed man. As a minority group,
corporations receive a minority
share.
What Change?
Despite these sobering statistic.
there are many who would call for
a change. There are those who
would take the responsibility away
from the individual and vest it in
a central authority. It is paradoxi
cal that these interests would "give
the wealth to the people” in a na
tion where the majority of the peo
ple now receive the majority of tne
income. They would junk our .-suc
cessful economy to institute an im -
proved one—all to achieve an
ideal which we have achieved al
ready in greater measure than has
any other country.
Rather {’nan give serious atten
tion to radical changes, we should
strengthen and protect what we
now have. It is alarming that in
the past few years investment m
tools and machinery has fallen off.
This is the result of discourage
ment to capital. It comes from ex
cessive taxes, government control,
and uncertainty of industrial prob
lems, for the most part. The use of
capital in investment, under pri
vate management, has made our
system work. To keep a dynamic
economy we must preserve that
system. Freedom of opportunity is
the keynote to a future of pros
perity.
ALL-OUT EFFORT
CLEMSON, S. C. H. Tan
nery of Westminster, Route l,
works on his farm from dawn to
2 p.m. From 3 to 11 p.m.. he
works in a mill. On Sundays he
preaches in a community church.
England Gives
Ultimatum To
Sitdown Jews
' — ■ ■
LONDON <#*)—Britain delivered
an ultimatum yesterday to the
4,400 Jewish refugees off France:
disembark by this afternoon or be
transported to Germany.
The Jews are aboard three Brit
ish ships which have been off
Marseilles for three weeks. They
tried to land in Palestine a month
ago from the immigrant ship “Ex
odus 1947.”
The Jews will be taken to the
Bergen-Belsen displaced persons
camp if the ultimatum is ignored,
a spokesman for the international
refugee organization said at Ham
burg. in the British occupation
zone of Germany.
A Jewish agency spokesman in
Jerusalem called the news shock
ing. He said disembarking of the
refugees at Hamburg would be “a
crime against humanity.”
The Jews said last night they
would go on a hunger strike if they
were not permitted to enter the
Holy Land. They were placed
aboard the three ships off Haifa
after a battle with British board
ing parties, and returned July 29
to France, where they began their
voyage. They have refused ever
since to disembark and have re
jected a French offer of hospital
ity.
The displaced persons camp to
which they will be taken if they
persist in their stand is less than
half a mile from the site of the in
famous Belsen concentration camp.
The displaced persons camp, sit
uated at Hohne, is the largest Jew
ish camp in the British zone.
The Jewish agency spokesman in
Palestine characterized the latest
British move as “a fateful politi
cal mistake.” An unofficial Jewish
source said it probably would pro
vide new impetus for terrorists in
the Holy Land.
LEWIS CAB CO.
_
Phone MAIN 144
I FISHING and SIGHTSEEING j
WEEK-END EXCURSIONS !
Or DAILY TRIP j
KOUGROK RAILROAD
Place Orders for Freight Now
IPhone BLACK 166 — Evenings j
P. O. Box 193 j
Kougarok Freight &• Mining Co.
CHURCHES
THE CATHOLIC CHURCH
Sunday Mass—7:30 and 8:45 a.m.
At Base—10:10 a.m.
Weekday Mass—7:30 a.m.
LAVINIA WALLACE YOUNG
MISSION
Pastor - H. R. Amundsen
Deaconess - Dorothy M. Russell
Sunday:
11:00 a.m. Sunday School.
7:30 p.m. Evening Service.
* 8:45 p.m. Young People’s Sing.
Wednesday - 3:30 p.m. - Chil
dren’s Miracle Book Club.
Thursday - 7:30 p.m. - Prayer
Meeting.
FEDERATED CHURCH
Murlin W. Day, Minister
Sunday
Church School, 10 a.m.
Evening Worship, 7:45 p.m. .
PENTACOSTAL ASSEMBLY OF
GOD
Third Avenue West
Pastor A. E. Capener
Sunday—
Sunday School. 10:30 a.m.
Evening service .7:45 p.m.
Wednesday—
Bible Study .7:45 p.m.
EVERYONE WELCOME
CHURCH OF THE NAZARENE
Corner of Third and Division
Rev. Lewis I. Hudgins, Pastor
“You can't take your money to
Heaven with you, but you can
send it on ahead.”
10:00 a.m. Singspiration and Sun
day School Classas.
11:00 a.m. Morning Message.
7:30 p.m. Singspiration and spe
cial music.
8:00 p.m. Evening Message.
Wednesday: 7:30 p.m. Melody and
Prayer.
Come and bring your Bible.
You are ever welcome to attend
these services.
NOME GOSPEL MISSION
of
Alaska Evangelization Society
Geo. H. Loveless, Pastor
Sunday:
2:00 p.m. Sunday School.
7:30 p.m. Gospel Service.
Thursday:
3:30 p.m. “Vit-Em-In Childrens’ i
Bible Class.”
Friday:
7:30 p.m. “Know Your Bible
Class.” Using large dispensa
tional wall chart. “God’s Plan
of the Ages.”
You are invited—Everyone is
welcome.
■ ■— ■ -
Radar Bein«* Used
In Alaska Shipping
SEATTLE, (/P)—Radar was aid
ing yesterday in guiding an Alas
ka-bound civilian passenger ship
around dangerous coastal shoals
for the first time in history.
The Northland Steamship com
pany’s S. S. Alaska, which left
Seattle Tuesday is the first on the
northern run to be equipped with
the war-perfected aid to naviga
tion. Technicians went along to
watch the equipment’s perform
ance along the hazardous route.
Alaska Steamship company has
scheduled radar for three passen
ger ships as soon as it is avail
able.
Tax Battle Forecast
Over Predicted
Record Surplus
WASHINGTON. (^—President
Truman’s forecast of a record
smashing treasury surplus of near
ly $5,000,000,000 next June touch
ed off a fresh Republican clamor
yesterday for a tax slash in 1948.
Chairman Bridges <R.-N H.> of
the Senate appropriations commit
tee said the President’s mid-year
budget review estimating tax re
ceipts this year as higher than any
previous forecast—proves that the
country was “robbed of a tax re
duction by purely political vetoes.”
Mr. Truman twice vetoed efforts
of the Republican-dominated Con
gress earlier this year to trim in
dividual income taxes by $4,000,
000,000.
“Perhaps,” Bridges declared at
Fall River, Mass., “the President
now will not be so determined
about vetoing a tax reduction bill
when it is presented to him.”
But the chief executive said the
$4,667,000,000 treasury surplus ex
pected for the fiscal year ending
next June 30 should go to debt
retirement and to a stand-by fund
to meet any domestic or world
emergency.
Thus, a new tax battle when
Congress returns in January be
gan to take form.
U. S. Loan To
Britain Is Almost
Dissipated
WASHINGTON. (A*) — With
drawals by Great Britain will re
duce to $400,000,000 by August 29
the credit remaining from her or
iginal $3,750,000,000 loan, U. S.
treasury officials said today.
The loan balance already had
been reduced to S850.000.000 when
Anglo-American talks began here
Monday to consider emergency
steps aimed at relieving Britain’s
current economic crisis.
Only Wednesday the British
agreed—with United States ap
proval—to suspend temporarily
the free exchange of dollars for
pounds in trade with other coun
tries. It was learned this step was
necessitated by dollar demands
which had necessitated the use of
$232,000,000 a week from the
$3,750,000,000 American credit.
A treasury official told a re
porter that permission for Britain
to make withdrawals below the re
maining $580,000,000 stemmed
from a need for $450,000,000 to pay
for goods on order in the United
States.
One request for a $150,000,000
withdrawal already has been
made. Other requests for with
drawals n the same amount will
be made August 25 and 29, cutting
.he credit balance to $400,000,000.
PIONEER WATER DELIVERY
Phone Main 94
ERIC NELSON
- A. & A. GARAGE
ami CONSTRUCTION CO.
Phone MAIN 85
Car - Truck - Tractor Repair
General Hauling — Shovel and Dragline Work
Axel A1 Steve
FOR MEN—
WHITE OXFORD DRESS SHIRTS
in sizes 14Mi through 17
For WOMEN—
LINGERIE
VI’S APPAREL SHOP
Phone Main 26
I I
■
I
DIAMOND RINGS
POLAR CURIO
SHOP
* - — - - ^