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Newspaper
Austin Daily Herald
Location
Austin, Minnesota, United States of America
Date
Dec 15, 1952
Page
2
HAL BOYLE surveys 1952 as a year of cautious gains and rising tension. He notes domestic political upheaval with Ike’s landslide, a looming era of uncertainty, higher earnings and taxes, and global unrest from Africa to Asia. People feel older and less sure about the future despite material improve ments.
This meditation on everyday blessings urges gratitude for the body’s automatic functions and nature’s gifts. It invokes Benjamin Franklin’s habit of recording gains and losses to guide conduct, praising nature as open instruction and Franklin as an inspiring early American.
Albert Lea discusses adding fluoride to the water after a well repair pause. Mayor James C. Nelson will appoint a committee from Freeborn County Medical and Dental Societies and council members to study the proposed program.
Noel Field, a former U S State Department employee, is accused of pro Western espionage in Prague while described as one hundred percent Communist by Louis Dolivet. Dolivet claims Field worked as a Soviet intelligence asset, with ties to Trygve Lie and a Paris based Fighting Democracy editor role.
A subcommittee of the Legislative Research Committee endorsed nine recommendations from the Little Hoover Commission after its study of state government, while disapproving one. Proposals include consolidating departments from 108 to 17, shifting agricultural functions to the Department of Agriculture, abolishing the State Teachers College Board, extending the School District Reorganization Act, making the public examiner report to the legislature, creating a Legislative Service Department, adopting a new method to handle state claims, adjusting veterans preference rules, and establishing an appeal board for state employee grievances.
A year end planning guide explains how to shift income and deductions between 1952 and 1953 to lower tax bills. Examples with John and Jane Public and Willie Jones illustrate moving charitable gifts, mortgage payments, and medical or business expenses to optimize deductions for cash-basis taxpayers. It notes the Dec 31 cut off and previews the NEA Income Tax Primer for further guidance.
If 1953 income mirrors 1952, move deductions to 1952 to gain 1953 tax cuts. Take deductions in high tax years or high income to maximize benefit. Postpone deductible payments to 1953 to offset higher brackets, or shift from 1953 to 1952 to reduce 1953 liability.
Horton Sperry, 62, a Great Northern Railway engineer for 44 years, died of a heart attack Sunday as he stepped from a train in Willmar Minnesota to get orders. He was a native of Willmar and brother of Roy E Sperry a Minneapolis attorney.
Mrs. Carl Young and Mrs. Joe Boulet won first place in the monthly master point game of the Austin Bridge Club Sunday. Second place went to Mr. and Mrs. Ray Jorgenson. Mr. and Mrs. Paul Stehly, Joe Burke and Chic Hatch tied for third. Regular session is Wednesday. two next meetings postponed for holidays resuming Jan 7.
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