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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Jun 15, 1942
Page
4
Society notes list multiple Circle meetings of W M U units at various homes on Monday. Also included are a Girl Scout Council meeting at city hall and a bridge party honoring Miss Mary Cornelia Holloway with co-hostesses and a Tuesday contract club gathering.
Mrs Mary Wepler hosted a Saturday afternoon gathering at the Garner hotel in Nashville honoring Miss Mary Cornetla Holloway and Miss Daisy Bell Ball of Nashville. Progressive bridge with 7 tables preceded bunga games, prizes from a National Defense container, crystal gifts, and a bridal motif buffet. Guests from Hope included Holloway and numerous local ladies and Mrs BUL Tom Bundy.
Social notes recount weekend visits and travel among area residents including Sit Virgil Warmack of Kelly Field, John Henry Ellen heading to El Dorado for training, Charles Thomas Jr shipping to Camp Pioneer for two weeks, and engagements and family visits involving Miss Betty Hendricks, Mrs. C. A. Traynes, and the Holloway Williams wedding party. Also mentioned are Pvt Steve Atkins at Camp Chaffee, Betty Trimble and Mary Alice Wepfer arriving for the Holloway Williams nuptials, and relatives visiting from Washington DC, St. Louis, and Kansas City.
The piece analyzes how a $24 billion tax target plus a $77 billion outlay yields a $53 billion funding gap. It outlines direct and indirect tax expectations, possible borrowing, and the impact on inflation, price controls, and rationing. It stresses saving $37 billion from circulation via voluntary means to avoid inflation.
In Washington the government plans to spend about 77 million for war production in the new fiscal year starting July 1. Taxation may fund about 24 billion of the 77 billion, as the national income rises toward 117 billion, with concerns over empty raw materials and business impacts. Local visits by Little Rock residents are noted.
Hunter Dent discovers the safe’s empty while Red Ballard and Junior Ballard face danger after a theft. Sheriff Anderson and Major Doolittle inspect tire tracks linked to a car crash, with Dent plotting to protect Junior and the Ballard family from further harm.
NEA reports the Longview Texas to Salem line aims for six month completion but will supply only 300,000 barrels daily, far short of the 4,297,000-barrel daily need for the Atlantic Coast industrial region. The piece traces oil transport history, current capacity, and proposed expansion, noting tank car speeds and cross-country constraints.
A government economist explains that bond provisions prevent cash redemption during the war and postwar refunding of public debt could retire the debt by continuing war taxes. The piece presents this as the simplest explanation of the current fiscal problem.
In Livermore California a mock wartime scene unfolds as the air craft carrier Lexington is struck. Sailors line the ship's store to buy ice cream cones amid smoke and failures in lines. A storekeeper gives away ice cream as crews abandon ship and prepare to go over the side. Recruiting of laborers in Poland and other neighboring countries has been organized by the German government and the Department of Commerce reports.
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