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Abilene Reporter-News, The (Newspaper) - December 23, 1974, Abilene, Texas "WITHOUT OR WITH OFFENSE TO FRIENDS OR FOES-WE SKETCH YOUR WORLD EXACTLY AS IT '94TH YEAR, NO. 197 PHONE 673-4271 ABILENE, TEXAS, 78604, MONDAY MORNING, DECEMBER 23, PACKS IN. TWO SECTIONS Price 15 Cents Aisociuied WASHINGTON (AP) Tax cuts-were advocated Sunday at means of battling the recession by economist Walter W. Heifer and by both Repub- lican and mem- bers of the congressional Joint Economic Committee. .The committee's annual re- port suggested a billion cut and said that ?JO billion is the .minimum tax relief need- ed, that it'should be enacted immediately and that it should be'aimed at low and moderate income persons. Heller, appearing on NBC's "Afeet the called for a two per cent reduction in in- come tax rates on earned in- come up to about He suggested'that the reduc- tion', be combined with a call from President Ford for work- ers to limit their wage de- mands lo 7 to 8 per cent next year. Tliis, Heller said, should accompanied by s e I e e t i v e price controls but not a full set of wage and price rules. The tax cut now should lie balanced by tax increases lal- probably in 1977 and 1978, in order to dampen the infta- lionary impact of the immedi- ate cut, the committee report said. Holler said the cut would have little inflationary impact. The committee report paint- ed a gloomy picture of (lie economic outlook now, pre- dicted a 7.5 per cent unem- ployment rate by next sum- mer and indicated a belief that inflation should not now be the main target of U.S. economic policy. Without new policies. Die United States will slip into Inside Todoy Los Angeles 19 Washington 10 Pittsburgh 32 Buffalo 14 Stories, Pg. IB Amusements 4B Ann lender..............JB Astro-graph 7 A Bridge..................4B Classified 10-14B Comki 6B Dr. Lamb.............. 4A Editorial! 4A Hcortlini 7 A ObiruoriM.............. MB Sportt................ 1, 2B Sylvia Porter 3B Todoy in History 4B TV IA TV Scout 2A PAGE ONE BYKATHARYNDUFF Most Of the Christmas cards those, from us lag- gards) have been delivered and over the week end most of us found time to examine them'and aren't, they lovely and don't you wish you thought of some ot those ideas. Perhaps with the cost o! postage, more care went inlo selections this year. Some of the cards could come only from those particu- lar senders: There are the lovely cards used this year by C. T. Mc- Laughlin of Snyder. On the cover is a reproduction suitable for framing as a mim- _ Of one of the few- landscapes painted by N. C. Wyeth, Name of the painting is "The Last of the Chest- mits." Mr. McLauglUin's print- ed note inside the card identi- fied the picture and mentions that this rare landscape by the great illustrator, bead of the artistic Wyeth clan, hangs in the Mclaughlins' Diamond M. Museum at Snyder. There are the. ingenious cards created by Peggy Sledge BuUoch 'for herself and tier family, the Rob Sledges of Abilene and the Bud Sledges of Artesia, N. M. On fold-out panels of the card are sketch- es of each member of the clan and of events highlighting the year for each. Vor Dr. Rob Sledge, Mc- Murry history prof, there's a drawing of a heart with the words "quick ref- erence lo his successful open heart surgery early in the year. And there's a sketch ot Rob and son, Bobby, taking a kayak trip 'down Elm Creek, an historic happening during our flood era last fall. Thurman Morrison, pianist and music historian and pro- lessor at Hardin-Simmons, chose a card fitting to his .work and interests. The cover reproduces the frontispiece ot New England composer Wil- liam Billing's "New England Psalm It was printed in mo. The engraving was by a. fellow better as a rider, one Paul Revere. Some Christmas cards are pretty funny, Here's one which asks, "What is big and red and goes Ho-Ho-HO? Please answer as soon as possible. One is stuck in my chimney." Here's another which re- ports: "He knows when you've teen sleeping. He knows ..1'' you're awake. He knows when you've been bad or good Talk about invasion ol pri- Many, many cards this year cany simple and beautiful re- minders of the religious mean- ings :of. Christmas. Others have other messages. Nancy (Mrs. Ben) Barnes of Brownwood says she was tak- en with a card they goi, one which carried a picture of a dove, symbol of peace. The dove bad a bandaged leg. Judy llartsfield, who moved to Abilene from Lubbock last- summer when her husband, Pat, became- Reporter-News retail advertising manager, suggested we call Mrs. Bob (Slu'rlcy) Kout for an item on the way economic news is tan- gled in children's-minds with Christinas. So we did. In the course of talking with Judy and Shirley we learned about a new or- ganization in town in which both are involved. It is the Sweet Adeline singers. There are now 23 of the women who meet each Monday night at the Rehab Center to raise voices in sweet song. They'll have a membership drive in January if you are interested. We learned'about that and learned, looi about young Dav- id Kout's recital lo his parenls of the Christmas story. "___and three real wealthy people came with gifts lor the i Baby Jesus, gold, silver and what could be the worst reces- sion in more than 35 years, the report said. The report called also for congressional consideration of the already controversial fuel conservation tax "to obtain a sizeable immediate cut in energy consumption." And, Heller, Ihc chairman o( the Council oF Economic Ad- visers under Presidents Lyn- don B. Johnson and John K. Kennedy, said drastic steps are needed to reduce oil con- sumption in this country. Heller suggested either a gasoline rationing program or a system of graduated in- creases in Ihe gasoline tax over the next several years. The gasoline tux idea was also backed Sunday by Ken. Erin-aril Brooke, It-Mass., ap- j pcaring on ABC sues and Answers." Brooke snid iliat together with a 20 cent Increase in gasoline taxes lie. has pro- posed a weight lax on autos to force the industry to convert to production of smaller cars. On general economic mat- ters Brooke said that might have to go into guide- lines, possibly into wage and price controls..." More comment on the na- tion's economic problems came Sunday' from E. B. Speer, chairman of the board of U.S. Steel Coif., who ap- peared on CBS' "Face the N'a' lion." Speer said some national See TAX, Col. 1 Back page this section The downhill racer? Skis over the shoulder, President Gerald Ford calls day afternoon and the President hit the slopes shortly after; it a day on the slopes at Vail, Colo. The President -wards. Story, Pg. .12A. (AP and his family arrived for a holiday vacation Sun- 77 Die in Airline Crash Onlf One Paper Christmas Eve. None On Christmas Day. So that ofl of our employes may enjoy Christmas with their fam- ilies, we publish only poper Tuesday, Dec. 24, de- livered to all subscribers, ond no editions on Christmas Day. Both editions as usual Thurs- day. Hove a Safe and Happy Christmas! M ATUftlN, Venezuela
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