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Clovis News Journal Newspaper Archives Aug 22 1976, Page 3

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Clovis News-Journal (Newspaper) - August 22, 1976, Clovis, New Mexico Butt wet Mirror Clovis plan to pay voters suggested solution Fly John i who new York of John Petoff in seem co try a Fol go broke if the guv i Ament Keef id spending the Way it Tat and he suggests As a so Lution that every registered voter be to i that recommendation might seem to be but Perry insists to and Perry is a conservative an innovative a wealthy manufacturer and former owner of a Large newspaper he has convinced Many doubters that his plan will and among them Are esteemed government officials and his plan was considered for inclusion in the Republican party who lives in Palm is the founder of the National dividend found a nonprofit organization that seeks to preserve free Enterprise by giving away some of the billions produced by instead of putting into the Treasury the billion in taxes collected from corporations annually in recent is National dividend plan would distribute it to every person registered to in so says whose foundation operates out of Palm Beach we would raise the income of the minimum wage earner by 25 per cent or and lift at least on half the poverty families out of that social Security and other benefits would be the dividend would provide a voting couple with to a Over and above their income or in the he we would be Able to Cut govern ment spending and inflationary encourage help reduce the capital Short age that threatens economic raise consumer buying Power Spur production and even raise corporate profits and the National dividend with the he sex people would have a vested interest in the system rather than in getting More from the he it would get the people of the governments Back and the government off the Peoples who believes in in come feb the Only Way we Cam solve the financial needs of the under privileged is Thieu in All other Job or welfare plans he has he simply add to government Tod boy Success you have to earn he the Money earned by instead of going to the gov i u would be returned directly to the people As a dividend for their contributions to those Tho would get everyone on the same Side of the he youre he Iping the increasing the Stan of living Fencl the Federal waste bucket it would give everyone a stake in while turning the corporate tax Ever to the Perry would also Call a moratorium on further Federal he wanted to Cut Back on spending now hell Settle for no so that government functions Arent the National dividend would be phased into use 20 per cent of corporate taxes the first 40 per cent the and so on to 100 per cent in five the would be required to Stop spending beyond its not by cutting programs but simply by not adding any be cause of economic Perry there would be a budget surplus in five a Man of extraordinary Energy and is confident that his for which he has been fighting for Many will gain accept father of registered manufacturer of modular head of three Cable television manufacturer of self made Pioneer of modern newspaper technology and former operator of 28 he has a record of accomplishing whats on his he tried to interest the democrats at their convention but failed to have the proposal put into the consider Able interest was shown at Kansas but per haps because it appears revolt it missed to the National dividend int revolutionary at since it seeks Only to return Power to the he has High Hopes that Congress will consider his proposals soon and get a Bill passed blk to pay new Mexico million Santa be the Bureau of land management has sent a Check for million to the state of new the payment represented the states share of revenues for the first six months of 1976 from Oil and Gas from grazing and from sales of Public lands and revenues shared with new Mexico were by As follows Oil and and Public lands and materials the payments represent roughly on third of the revenues collected by the Federal government under the Mineral leasing the Taylor grazing act and other by grazing District in new the grazing shares were As follows Las and the shares represent approximately 33 per cent of Public auction the United states Small business administration August 24 Mike Garcia welding 1611 l american Texas supplies Urt fut Imi it of Coli to let Sivan Truw Urt Roumel lot Stock it round stick Urt Fenrir i Sim it sit Cotta Kin Stoml Nati equipment farm 275 Jutt niuta 2 Victor pm tin Brynkir i or Attim we j spirit pkg Omir Porto by cd prior shun inf turn in4 or pm pm cart my Bukk View of Hal infer Imp act tire Chuhi Miltom wac View Earl Toi it Muci Huttt major miscellaneous Bank pm pin 4 Ink 3 Mph a Tui urn pm Stop Brt twin Tim Craw Jufa Vii 2 2 pm Mem Iutuk if we v new Pipi Tek Istl Tuoti hot from pm pm Uhm it 4 my in it Start a Stu licensed and bonded Texas auctioneer License no to go for and cooperation Dick Watson auction service corporate profits Down second Quarter Washington a prof its of corporations grew at a slower Pace in the second Quarter of the the govern ent said leaving business with less Money for new investment than in the first three months of the Commerce i apartment said after lax corporate profits climbed at an animal rate of Billon in the april june Quarter to an annual rate of that compared to an Advance of billion at an annual rate in the first the latest Advance pot corporate profits per cent ahead of a year compared to a 37 2 per cent Yea to year and Vance for the first Quarter at the same the com Merce department revised its preliminary estimates of the total output of goods and ser vices in the Economy to show slightly slower growth and higher inflation than originally estimated for the second it said additional data collected since the initial estimate last month shows that total or Gross National grew at an annual rate 01 4 per cent instead of the per cent originally Gnu grew 92 per cent at an annual rate in the first Quarter inflation As measured in the on was at an annual rate of per cent instead of the 47 per cent originally estimated in either it represented a faster Rise in prices than the 32 per cent Advance in the first Quarter the faster besides eroding Consumers buying also ate into the Money which corporations have Avail Able to expand capacity and thus create new jobs the faster inflation Means that the Cost of replacing raw materials and finished goods held in inventory went up for corporations such a situation Means that those higher prices Are reported As but the shift comes Back to haunt corporations when its Lime to replenish the inventories the Commerce figures showed that of the j4 2 billion growth an annual rate in profits before taxes in the Sec Ond 1 billion of that was so inventory profits but corporations must pay taxes on inventory profits is Well As profits from so the combined effect is to rut into Money available for pension Commerce estimated that after allowing for inflation profits ant the consumption of capital such As the wearing out of machines the undistributed profits of corporations for the second Quarter amounted to an annual rate of billion Auto insurance your problem turned Young old cancelled motorcycle monthly payments Burnt Agency 420 Mitchell 7624403 Gibsons discount of nth 9 to 10 Sun 9 1200 21st cloves cola temp toothpaste 5 ounce size with Coupon thereafter regular Price Good 1976 two per Coupon one Coupon per Purchase Good 1976 circular saw ski shop no 1715 Camp fuel Gibsons Camp fuel with Reg Coupon 149 2 per Coupon thereafter regular one Coupon per Purchase Good 1976 cleaner Lysol tub tile cleaner m Mennen skin bracer shave lotion 6 ounce beverage glasses 25 ounce size with Coupon for 10 per Coupon thereafter regular Price one Coupon per Good 1976 Ultra ban Rollon deodorant Reg or unscented Gibsons bleach 1 gallon 11 Johnsons baby shampoo k each 2 per thereafter regular Price one Coupon per Purchase Good 22nd 1976 downy fabric softener 96 All set hair Spray 13 with Coupon for 2 per thereafter regular Price one Coupon per Purchase Good 22nd Only Coupon Coupon Only 9 am to 10pm August 1976 one Coupon per Purchase cokes 32 ounce returnable bottles with Coupon 5 with Coupon Raj Utor of Point Only am to 12 noon August 1976 one Coupon per Purchase giant size fab laundry detergent with Coupon 2 Par Coilton thereafter Rajul Price Only am to am August 1976 one Coupon per Purchase soft n pretty bathroom tissue Roll with pfc if 2 with Coupin thereafter Price soft pretty prints

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