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Newspaper
Anderson Herald
Location
Anderson, Indiana, United States of America
Date
Dec 10, 1955
Page
5
Congressional investigators seek why a $12.87 million tax claim against an Illinois distillery was settled for $1.25 million Rep Eberharter said staff from the Senate House Committee on Internal Revenue chaired the inquiry seeking details of the reduced settlement and involved parties.
The piece notes a federal court injunction and a probe request by a joint committee into the American Distilling Co. tax case. It covers Internal Revenue Service claims of $12.87 million in taxes from World War I stockholders, a 1953 settlement, and Eberharter's call for file review. Virginia authorities previously bought 29,000 shares for three million dollars under legislative authorization.
General Motors reports all time record retail sales for January through November 1955 with new car sales totaling 3 460 546 and used car sales 4 431 593. November activity surpassed all prior Novembers with 268 756 new cars and 331 004 used cars sold. The ten day period ending late November saw 95 151 new cars and 115 277 used cars sold, up significantly from 1954.
Cornell potato expert Dr Ora Smith reports Brookhaven tests show gamma ray irradiation from atomic waste can prevent sprouting. Treated spuds have stayed sproutless up to a year and a half, with commercial costs estimated at eight to nine cents per bushel. Postmaster General Summerfield says Hoover Commission recommendations for the Post Office are now in effect. Dancing Polish Club Wendell Thomas & His Orchestra perform Saturdays.
WIEBM TV lists a morning lineup with Christian Science at 9 45 a m The Christophers at 10 00 a m Religion at 10 30 a m This Is Ute at 11 00 a m The Big Picture at 11 30 a m Captain Hartz at 12 00 p m Healing Waters at 12 15 p m and Forbes News at 12 45 p m
Convict Daryl Chessman, from San Quentin death row, was brought to federal court in San Francisco for a habeas corpus hearing on January 9. Judge Louis E. Goodman ordered release of trial notes, impounded earlier from Dec 13 to Dec 23, and denied transfer to SF County Jail. Indiana ruling cites the State Commission on Alcoholism as part of Mental Health.
Rowan County Judge William T. McClain was indicted on aiding in a baby selling plot. Two other counts accuse misfeasance in office for taking fines and destroying bond records. Zelda Brown McPherson, once a Morehead clerk, is charged with procuring babies for wealthy Texans. The case follows police charges that McPherson sourced underprivileged babies for adoption for fees.
Motorola executive Robert W. Galvin predicted 300000 color TV sets would sell next year and up to 1 million in 1957. He cited price tags expected to fall to 600 to 900 dollars in 1956 and 500 to 600 dollars in 1957, with current prices ranging 700 to 1000 dollars.
AFBF information director says a majority of state Farm Bureau federations favor flexible price supports. A survey of 42 states and Puerto Rico found 7 backing rigid high supports. The federation planned to open its 37th annual convention in Chicago with over 3,000 delegates expected.
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