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Mason City Globe Gazette Newspaper Archive: December 4, 1962 - Page 1

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Publication: Mason City Globe Gazette

Location: Mason City, Iowa

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   Mason City Globe-Gazette (Newspaper) - December 4, 1962, Mason City, Iowa                             North Iowas Daily Newspaper m Home MASON CITY GLOBE HOME EDITION The ewspa per that mokes all North I o w a n s VOL 102 AwaeUUd Md Vetted Full MASON CITY IOWA TUESDAY DECEMBER 4 1H2 neighbors UOc Paper CotulsU at Two ftfrtlmn To liberalize rul es on tax Expense accounts embattled 10 will be hit hard By RICHARD SPONG GlobeGaiette Editorial Research Bureau WASHINGTON Cruel it may seem to some but if the Internal Revenue Service has its way the cost of pleasant living is going up Expense Account Society ap pears fated to share oblivion with its predecessor Cafe So ciety Yachts and hunting lodges maintained for business enter tainment purposes are threat ened So are roundtheworld business cruises and fourmar tini lunches Fresh cavier at the serving is distinctly jeop ardized Why Well the answer goes back to President Kennedys tax message of April 20 1961 and the words The slogan Its deductible should pass from our scene Congress on Oct 2 of this year gave final approval to a bill which was not quite so stringent as the administration had desired but nevertheless is in the words of internal Rev enue Commissioner Mortimer M Caplin demanding The tighter accounting required on expenses is expected by con gressional estimate to bring in an additional million a year in revenue The law goes into effect on Jan 1 and covers 1963 returns IRS on Nov 8 published its proposed regulations under the new law They brought hun dreds of letters of protest In response the Service scheduled two days instead of one of pub lie hearings on the proposals tax revision law the first of any consequence since 1954 as it applies to expense accounts disallows deductions for enter tainment amusement or recrea tion expense unless the tax payer establishes that the item was directly related to or associated with the active con duct of a trade or business It disallows deductions for ex penses of entertainment facil ities unless the facility is used primarily more than 50 per cent for the furtherance of the taxpayers trade or business and is directly related to the active conduct of such trade or business There go the hunt ing lodges and yachts The law also disallows deduc tions for business gifts above for one person Meals and lodging expenses on a business trip are deductible if the costs are not lavish or extravagant The full cost of traveling ex penses of a businesspleasure trip is deductible so long as the trip is no longer than a week If the trip is longer than a week and the pleasure portion of the travel time exceeds 25 per cent of the total time away from home the business and pleas ure expenses must be separated only the former will be tax deductible The taxpayer must substanti ate with adequate records his entertainment and related ex penses and his traveling and re lated expenses As the IRS sees it that means itemized reports on all expenses exceeding The law will hit hard the 10 per cent of US taxpayers who list deductions for expenses on their returns The law and the regulations under it are not designed to curtail legitimate business deductions GRUENTHER RELEASED WASHINGTON UPI Gen Alfred C Gruenthcr director of the American Red Cross was released from Walter Reed Army Hospital Monday to con ttnue his recovery from a Sep tember lung operation at home North Iowa Partly cloudy and much colder Tuesday night with lows in mid 20s Partly cloudy and colder Wednesday highs in low 30s Iowa Clearing west and partly cloudy east and much colder Tuesday night and Wednes day Lows Tuesday night 15 20 northwest to the 20s south east Highs Wednesday near 30 northeast to 3540 south west Further erally fair with little tem perature change Thursday Minnesota Partial clearing snow flurries Colder highs Wednesday in 30s Globe Gazette weather data up to 8 am Tuesday Maximum 62 Minimum 39 N ews in a utshell FROM OUB WIRE SEKV1CE8 Bars Ellender D A R ES SALAAM Tanganyika yika became the second African nation to bar U S Sen Allen J Ellender of Louisiana from its ter ritory because of a state ment considered deroga tory to Africans Ellen der was reported to have told newsmen in South ern Rhodesia last week that he had not seen any African nation where the average African was cap able of leadership with out white assistance foolproof United States rejected the Rus sion black box system of unmanned robot seis mic stations as a fool proof method of policing a ban on underground nuclear tests Fire on Indians NEW Minister Nehru said that Communist Chinese troops had fired on In dian forces at least three times since Peking pro claimed its ceasefire Nov 21 Wont pay debt UNITED The Soviet Union has told the United Nations once more it has no in tention of sharing the huge cost of UN forces in the Congo and the Middle East despite warnings that refusal could bankrupt the Unit ed Nations Youth shoots three brothers kills self PARK RAPIDS Minn UPI A shooting has left two brothers dead and a third in criticalcondition Hubbard County officials said Gregory Lars en 13 shot both his brothers and then took his life Also killed was Henry 11 Hos pitalized is Eric 8 The widowed mother was at work Monday when the shooting oc curred IRS calls for fewer details Businessmen in protest WASHINGTON AP The Internal Revenue Service Tuesday announced it has started easing proposed regulations sharply crit icized by business which are aimed at ending expense account living Mortimer M Caplin IRS com missioner made the announce ment in a statement opening two days of public hearings on rules implementing the 1962 tax law In general the regulations call for more detailed record keeping to support tax deductions for busi ness travel entertainment and gifts Caplin said that on the basis of protest letters received so far we have already made positive decisions to liberalize the regula tions in several specific areas And he said the tax collecting agency is giving serious study to one of the most controversial features of the proposed a requirement that businessmen save receipts for all travelenter tainmentgift outlays of or more IRS has been receiving about 400 letters a day from business men most oftheiricriticizing the rules proposals issued Nov 8 In addition some GO businessmen la bor leaders and members of Con gress lined up to testify at the public hearings Caplin said final regulations will be issued in about three weeks before the new law be comes effective Janl Business spokesmen attending the hearing were given an IRS statement detailing the steps al ready contemplated to ease the regulations The statement said final rules will not require recordkeeping much different from that required by many prudently managed businesses One of the changes announced would permit businessmen to put together the to tal spent in a single day for such miscellan eous travel items as park ing local tele phone calls taxi fares and gasoline and oil costs However the IRS said it expects to CAPLIN require sepa rate account entries for each meal paid through an expense account As originally proposed the reg ulations would have required re cording of the hour of every busi ness meal IRS said it was aban doning this bit of detail and planned to make similar deletions in other sections of the rules Joel Barlow a director contend ed on behalf of the US Chamber of Commerce that the original proposals would pose impossible administrative requirements and amount to a callous invasion of privacy Robert Nicholson executive edi tor of Sales Management maga zine likened the proposed rules to the prohibition era He pre dicted the regulations would be widely flouted out of business necessity as was the 192033 con stitutional ban on the sale of al coholic beverages A tax system based on self assessment works only when the people respect the rules Nichol son said The prohibition era should be a lesson to us all BLANKET OF FOG NEW YORK A Thick fog blanketed the New York metro politan area Monday night and Tuesday closing down all three major airports and contributing I to a collision of two ships SAME the fainting by F S Hattatng Empty Stocking tells story This is a picture of something that must never happen The touching oldfashioned paint ing of a little girl weeping over her empty stocking on Christmas morning is the traditional announcement of the opening of the Christmas Cheer Fund solicitation Since 1925 the Christmas Cheer Fund has been making sure thanks to your City youngster will be forgotten on Christ mas Everyone will have an opportunity to join in this worthwhile project of sharing with the less fortunate In the next issue of the GlobeGa zettethe goal of the Cheer Fund and other details will be given The first gifts will be announced Thursday Gifts should be sent to CHRISTMAS CHEER Care GlobeGazette Mason City Iowa on Has a superman BURLINGTON AP A Bur lington man who rode on the trunk of a car pursued by police and later captured the driver was called a bat man by the arrested youth Charged with reckless driving running stop signs and failure to have a valid drivers license was Dennis Michael Hood 18 of Bur lington He was captured by Darrell El lis 28 of Burlington who noticed Hoods car being pursued by po lice when he walked into his yard Monday night Ellis jumped into his car and joined the chase When Hood was cornered and had to turn his car around Ellis jumped out of his car grabbed the rear bumper of Hoods car and pulled himself onto the trunk Ellis rode on the trunk for sev eral blocks until police cars cor nered Hood again Then Ellis jumped to the ground pulled Hood from the car and held him for officers That guy is some sort of a su bat man Hood said He was held in jail in lieu of bond budget requests DBS MOINES Harold Hughess budget hearings resumed Tuesday with requests scheduled from the Iowa Develop Tient Commission for and rom the Vocational Rehabilita ion Division for The two requests brought the tal askings for operations so far to per year for the next biennium Current annual ap propriations for operation of the agencies making requests so far S On the inside Editorials Paoe 4 Clear Newt 7 Society News Wll 1314 North Iowa tiews 15 Latest Mason City News Comics 20 Farm Features 21 ACTOR FINED LOS ANGELES Alan Mowbray 66 was fined after pleading guilty to be ing under the influence of an intoxicating beverage To begin shakeup of Guard Iowa units included nn Chris wSttake of England and Dick Anderson Gardena Lalif jump into the water to perform their duties tset a new Hoffmens diving record JVhittaker lost his life when he attempted to repair the diving bell used in the descent Newsman Peter bmall of England one of two men in the diving bell also died Experiment goes haywire Disaster deep in the sea LONG BEACH Calif AP Two frogmen seeking a diving record dropped 1000 feet into the something went wrong One man was fatally stricken and another coming to his aid van ished in the depths Both were Englishmen taking part Monday in an experiment to see if a secret mixture of gases could enable man to survive deep in the sea Killed was Peter Small 35 a reporter for the London Daily Tel egraph He apparently died of the bends Missing was Christopher Whit taker 22 a geology student at UCLA Small and Hannes Keller 28 a Swiss mathematician and skin diver went down off Sanla Cata lina Island in a diving bell The men woref frogman suits and air tanks filled with a mixture of gases devised by Keller Water was pulled into the bell to equal ize pressure The bell dropped to 1000 feet the men opened the hatch and dropped out two and American Plans had called for them to swim around at the tre mendous depth Then something happened A television camera lowered from the vessel which dropped the bell showed them collapsed on the platform inside the bell It was brought up slowly Whittaker went down to help but vanished on his way back up to the surface His body was being sought claims the worlds diving record of 728 ently survived unhurt He was treated at a hospital and re leased Small who went down despite suffering the bends two days earlier in a 300foot training de scent was a lastminute replace ment for another London news man John Light Kellers mixture of gases was designed to prevent the bends bane of clivers The bends are caused when nitrogen from the air is dissolved in the blood under pressure then forms bubbles as the diver ascends WASHINGTON Defense Robert S McNamara et in motion Tuesday a drastic modernization of the Army Re serve and National Guard The reorganization involves liminating eight Reserve and Na ional Guard infantry divisions all jf low priority and dropping 731 mailer units which are consid ered out of date Most of the men in these units will be reformed into streamlined lutfits with a picked group of six National uard make up a op priority force trained and eady to back up the Armys 18 divisions within eight weeks after a cal to active duty McNamara ordered immediate elimination of four Reserve infan ry divisions and a net of 393 less er Reserve units He could do this because the Reserve is wholly un der federal control The Defense Department sent state governors ap pals for a paral el revamping of the National luard This calls for cutting out our low priority Guarddivisions and 338 obsolete units Under the law a governor must approve any changes in the Guard within his this could cause the Pentagon problems Some states would lose men others gain in the allocation of units The aim is to finish the reor first in five years the Guard and Reserve go to summer training camps next year Ticketed for major surgery are these Reserve divisions The 79th of Pennsylvania Delaware and Maryland the 94th of Massachusetts the 103rd of Iowa Minnesota and Wis consin and the 96th covering Arizona Nevada Utah Idaho Montana and Washington The four Guard divisions fac ing drastic Changes are the 34th of Nebraskaand Iowa the 35th of Kansas and Missouri the 43rd of Connecticut Rhode Is land and Vermont and the 51st of Florida and South Carolina These divisions will be re formed into eight high priority brigades totaling about 4000 men each along with supporting units such as artillery engineer signal and medical elements Gov Norman Erbe of Iowa who led a protest against the proposals said the plan now met with his approval since the Guard units would not be as drastically affected as original y announced Just how the IowaNebraska 34th Infantry Division and other reserve units would be trimmed vill be revealed later What was known however vas that the headquarters units of both realigned divisions would remain in Iowa although the actual brigade headquarters will be moved to Minneapolis and Nebraska This would keep alive the famed Red Ball insignia of the 34th and the Cactus in signia of the 103rd and provida the nucleus of complete divi sions should the need ever to reestablish them Erbe said details are classi fjed but the new troop basis can replace the present one with a minimum of change What pleases us most is that the 34th Division slil has a significant mission to perform He said the new alignment will keep the Iowa guard selfsufficient so it can carry out any aid mission m case of civil emergency LOCKHEED COMMENDED DES MOINES UPI Master Builders of Iowa Mon day voiced support for the courageous stand by manage ment of the Lockheed Aircraft Corp in refusing to permit a mton shop election demanded by the International Association of Machinists   

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