Decatur Daily in Decatur, Alabama
24 Sep 1972

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Decatur Daily in Decatur, Alabama
24 Sep 1972

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Decatur Daily (Newspaper) - September 24, 1972, Decatur, AlabamaAlabama 35 Kentucky 0 Auburn 14 Chattanooga 7 a % Tennessee 45 Wake Forest 6 on the Trail of John Wilkes Booth a10 1 the Decatur daily Quot my country May she Ever be right but right or wrong my Moon my Tiff a a Matui volume 61, number 212 established february a to i Decatur Alabama 35601, sunday morning september 24,1972 j 10c a at ,"0ay new Fqik Ulm Siwy Rivici vhf talk r % Grain exporters press Treasury for tax break a Bye. W. Ken worthy c new York Timet news service Washington Grain exporters Are pressing the Treasury department for a ruling that would free them of Federal taxes on half of the profits made from the Sale of wheat to the soviet Union. According to informed tax attorneys Here the exporters Are getting support from the department of agriculture and key members of the House ways and Means and the Senate finance committees. And judging by a speech made last Union Springs Ala. A state troopers said Fey captured a woman at a carnival in this South Alabama town saturday who is wanted by authorities in Florida for allegedly swapping her 3-month old son for a used car. Trooper m. L. Sullivan said Jennifer Sharon Sims alias Jennifer fire was captured but that her husband also wanted by Florida authorities disappeared into a wooded area. He said dogs had been called in to assist state troopers. Union Springs police and the Bullock county sheriffs office in the search a the car was spotted at a carnival the Man and woman were working there. The sheriffs office approached and the Man ran off Quot Sullivan said two children with the woman were wednesday by a Treasury official to the world Trade Institute in new York the Treasury is a a leaning toward making the ruling desired by Grain exporters. If the Treasury so Oahu Grant the request of the exporters it is impossible to say with accuracy according to tax lawyers Here what the tax saving a or Revenue loss a a would be because the Export companies will not disclose their profits. But the amount is Likely to be in the millions it is estimated because the soviet Union has purchased 409 million bushels of wheat. Taken into custody by authorities also the trooper said. The wanted Man identified As Eugene fire and the woman were charged in Florida with Selling a child for payment or something of value according to state troopers. It. Don Mccarty of the Collier county Fla sheriffs department said Florida authorities would seek to have the couple extradited troopers said. An a Points bulletin was issued in Florida for the couple earlier saturday. The baby allegedly swapped was named As Eugene Evans fire. The baby is reported a in fair condition but doing Fine Quot at Naples Community Hospital where he was admitted in critic see car on Page a 8 the soviet Union paid about $1.63 a Bushel for the wheat. Some of it a the exporting companies will not say How mud a was purchased in july at about 81.25 to 81.35 a Bushel. In addition exporters got a Federal subsidy a representing the difference Between the Domestic Price and the lower world Price a ranging from 14 cents to 47 cents a Bushel Between july and sept. 22, when the department of agriculture suddenly eliminated this subsidy. If the Treasury rules favourably for the exporters they would also pay no taxes on half the profits they made on wheat sales to other countries. What the exporters seek is to be allowed to take advantage of a provision in the tax Bill passed last december this provision proposed by the Treasury had a twofold objective first to stimulate United states exports and second to offer inducements to american companies not to set up foreign subsidiaries in order to take advantage of provisions in the code that permit these subsidiaries to defer payment of u. S. Taxes on their profits until the profits Are returned to the u. S. Exclusive the provision in last years statute allowed a us company to set up a disc a Domestic International sales corporation a to handle its receipts from exports. Taxes on half the profits from a disc would be deferred As Long As its earnings 4were used in the Parent company a Export business or remained in the . As a a producer a Loans to related or unreal Ted . Producers. In effect the deferral of taxes on the 50 per cent of profits can be indefinite however the new Law also provided that the Secretary of the Treasury could deny these disc tax benefits if he fould that the profits derived from sales were a accomplished by a subsidy granted by the . Or any instrumentality seemingly this provision would give the Treasury discretionary authority to deny disc benefits to Grain exporters that got an Export subsidy a As the exporters did with sales to the soviet Union however the Grain exporters Are arguing that they should not be excluded from such benefits. In this claim they rely on a sentence in the report on the Bill see Grain on Page a-8 Deputy fair after crash Morgan county Deputy Jimmy Henson lost control of his automobile in Pursuit of another car saturday and crashed into a tree in Marshall county sustaining a broken neck. Sheriff John Mcbride said. A second Deputy was also injured the Somerville Deputy 29, remained in fair condition at a Huntsville Hospital saturday after being transferred from Decatur general Hospital. Deputy George Muier of Falkville received bruises and cuts to the Accident which ended a five mile Chase that began at a Morgan City drive to the deputies were injured Early saturday morning when Henson lost control of the car As it topped a Hill and he failed to make a turn the sheriff said. The vehicle was wrecked beyond repair he said. A the boys they were pursuing knew the pavement turned sharply and must see Deputy on Page a-8 car child Swap suspect caught mrs. Frances Vanvoy gets Toto her car at boy. At left is mrs. Mary Hague who Are charged with be tog witnesses to Immokalee Fla. After being arraigned to with Simmy Fon Nuin hiding face to car Trade. A wire photo an alleged Trade of n used car for a Bab it cycling different kind Boom by Robert Lindsey considerably higher than the Over All kids who won t walk in new York times news service or raw in traffic deaths off per rent he and other physicians interviewed new York a americans growing soundness for travel on two wheels a on motorcycles mini bikes and bicycles a has touched off another kind of Boom that has safety experts worried a steady Rise in deaths and injuries from cycling accidents the number of americans killed in bicycling and motorcycling accidents increased last year by almost 4 per cent Over 1970, while the country a Over All traffic toll increased less than 0 5 per cent. There were 2,410 deaths in motorcycle accidents and 850 in bicycle accidents during 1971. Last years motorcycle death toll was 223 per cent higher than it was a decade ago while bicycle fatalities were up 73 per cent rates in both cases during the decade the same statistical pattern a a faster Rise in injury causing cycling accidents than to traffic accidents generally a has continued this year to much of the a Tina according to a Survey of eight major metropolitan areas by the new York times. In Pittsburgh where reported motorcycle accidents last year increased by More than 50 per cent or. John a Perry an orthopaedic surgeon on the staff of mercy Hospital said motorcycle riders a come in mangled and in trouble. On a daily a a it a been happening Over the lust two to three years a he said. It s almost unbelievable the loss of limbs in Young people the amputations the paraplegics around the country said the motorcycling accidents had brought a deluge of emergency room patients requiring treatment for head facial neck leg ankle and knee injuries a Denver physician or. Robert b. Rutherford director of emergency service at the Colorado general Hospital noted that some physicians had reported a rising frequency in motorcycling accents of a the shearing off of although motorcycling and bicycling in Many ways pose different traffic safety problems safety specialists say they share Many characteristics. These include vulnerability of riders if they collide with an Auto a Tow profile which see vim a a on Page a-8 Philippines prexy Republic at stake Manila a president Ferdinand e. Marcos declared saturday night he imposed martial Law in the Philippines to save the Republic from a communist rebellion and to Reform society. The presidents remarks in a nationwide radio and to broadcast came at the end of a period of about 12 hours in which the nation of 7,100 islands in the Western Pacific had been Cut off from the world by a government ordered communications blackout Marcos said an escalating threat of armed insurrection had prompted him to take a this extra constitutional Power to protect the he ordered martial Law Friday night after gunmen fired into the car of the Secretary of defense in what the government called an assassination attempt. The official was unhurt. Scores of political arrests were reported to have followed. M Marcos emphasized in his broadcast that martial Law is not a military takeover of the civilian government but a measure to a Send the present National emergency Quot a Midnight to 4 . Curfew went into effect immediately Marcos said. Elements of the metropolitan police command or metro com set up Check Points in the greater Manila area to enforce the curfew results of the martial Law decree were peaceful. The four million or so residents of the greater Manila area went about their Normal weekend activities there was the usual Light saturday traffic throughout the City and people went to the movies and the supermarkets. Other measures contained in the edict which Maroon signed late Friday censorship of All Domestic and International Media operating in the Philippines a temporary ban on filipinos from going abroad closure of schools on All Levels for a week a death penalty for illegal Possession of firearms total ban on Public demonstrations rallies and labor strikes. A civilian courts will continue functioning except in cases involving violations of Public order the fundamental Law National Security abuse and improper use of the military uniform. Marcos promised that details of implementation of the martial Law and the social and economic reforms will be explained later. However he gave no indication How Long martial Law will continue. Marco said that while maoist rebels were the major danger there Are grave problems within the armed forces the courts the government and society at Large Marcos 56, is the first filipino president to be elected to two terms and the first to declare martial Law since the Republic was formed in 1946, after the United states granted Independence. Region of go Power in today s daily calendar., b-9 classified. D-6 Edff Orviatt a be Tain ment. A Horoscope. C-3 Landers c-2 obituaries la-3 a ports. By to log.0-2 on this Day. In 1962. The 5th circuit court of appeals in new Orleans ordered the University of Mississippi to admit a Black applicant James h. Meredith. To place a w Vit and dial 353-4612 ath$fl232-1s35 Quick weather High today 85, a tonight 67, High monday 84. Probability of rain 40 per cent today and 20 per cent tonight. Complete weather map River Page a-3 it s a privilege to live in the Tennessee Valley British can to meet deadline London apr Britiany a foreign Secretary said saturday it would be a totally impossible to meet Uganda a 48. Hour deadline for airlifting 8,000 expelled asians to Britain. Before leaving for new York sir Alec Douglas Home said he spoke with Uganda s High commissioner in London to seek clarification of president Idi Amin s ultimatum Friday and to urge an Extension the 48-hour deadline applied to those asians already cleared for departure. The foreign Secretary told newsmen that if All available aircraft in the East african Community of Kenya Tanzania and Uganda were used for the exodus a it would be totally impossible to Airlift these 8,000 or More Douglas Home said he would urge the u a general Assembly on wednesday to see British on Page a-8 Decatur s Magna Vox dealer for is years. Robinson furniture downtown second Avenue Decatur js3 7170. It adv camping trailer sold with dec Ati r daily want and. John Terry 1704 Wood Meade so sold his camping trailer with this Low Cost Decatur daily want and and received 3 additional responses which Means there Are at least 3 other people wanting an item of this kind or maybe the a is Ruhp y w or beef Wanton g to srt1 is Cardinal camping trailer Salt contained with air condition and surge brakes. $1300 firm 1704 Wood Meade so Only a few Days left to take advantage of the Decatur daily a around up special want and ends sept 30tht of 3 lines 14 Days for Only 84 place your and now. And sell All you a a done to dial 353-4612 nights sundays and holidays 353-4739 Athens dial 232-1535 the Decatur daily classified advertising i Indian visitors Diane and Esther Samuel compare stayed with their sister. Ruby Reuto Decatur with their Bombay India Home. Who lives to Decatur the Story is of Page Diane left is wearing the costume of the a-8. Daily Colo photo by Billy Punjab Region while Esther wears a Sari Smith with other members of their family they arraigned

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