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Newspaper
Big Timber Pioneer
Location
Big Timber, Montana, United States of America
Date
Jun 26, 1947
Page
6
President Truman branded the Republican four billion dollar tax reduction as unsafe and unfair to lower income groups and vetoed the measure. Republicans accused him of pursuing a policy of tax and spend with electoral aims, while he argued the timing was wrong.
The president listed six main objections. He feared government finance risks and rising inflation from tax cuts. He argued the legislation would worsen economic maladjustments and urged using surplus income to cut public debt first. He condemned the bill as unfair to lower income groups and likely to fix inequities in the tax system.
President Truman proposed an air safety study by a five member board after recent crashes including a Leesburg Va disaster that killed all aboard. He favored maintaining current tax rates while promising possible future cuts and directing surplus revenue toward reducing the national debt. James M. Landis would lead the aviation panel with members from aeronautics and industry. Henry Wallace warned Russia’s expansion risks world peace and advocated a defined boundary near Turkey with oil interests in Saudi Arabia shared to preserve peace.
Three senior Yugoslav officials who helped condemn Gen. Mihailović to death in Belgrade vanish amid renewed Chetnik activity. Mihailović followers reportedly rebuilds strength in the Balkans, aided by peasant discontent and possible Partisan split. Petroleum shortages spark talk of possible gasoline rationing solutions before July end.
The nation faces a late start but experts predict an even chance for a strong corn crop to mature before frost. Planting intentions were about 87.6 million acres in March, likely reduced to around 85 million due to floods and delays. With 1946 yield at 37.1 bushels per acre, potential output approaches 3.15 billion bushels, though last year set a record of 3.28 billion. Warm weather and sunshine are key to growth.
The page recalls births in Grey Cliff including a son born June 19 1919 and a daughter June 21. It notes a marriage license issued to Robert Gibson and Mabel Storer of Big Timber and reports real estate moves by George Davis purchasing the Jay Loving residence. Also mentions travel notes, a war savings prize, marriages in Livingston and Billings, a new law office in Grey Cliff, possible oil at Tin Can Hill, and reunions of veterans including Yellow stone Kelly.
Report from Buenos Aires notes Paraguay's civil conflict drags into its fourth month with little fighting as soldiers pause daily for siesta. An eight day front line stay for a government correspondent recorded two casualties and no horses among forces.
Washington reports the state department calls Russia's agreement to join Britain and France in discussing Secretary Marshall's European recovery plan encouraging. In Louisiana, chief mineral output includes rock salt sulphur petroleum and natural gas.
Public transit times list daily departures from Big Timber via Grand Hotel. Eastbound buses and trains run at 3:00 a.m. 10:23 a.m. 3:53 p.m. 9:23 p.m. Westbound departures occur at 1:53 a.m. 2:40 p.m. 8:25 a.m. 7:40 p.m.
The Hal Snyder wool clip of 125000 pounds was sold at 52 cents, described as outstanding Montana wool and very choice light shrinking original bag lot. J W Mackey of Harold T Lindsey Wool House said the sale is the first large private Montana wool sale since the 1943 government program began, with shearing under way at Snyder pens on the Crow Indian reservation.
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