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Kingsport Times Newspaper Archives Jul 16 1953, Page 3

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Kingsport Times (Newspaper) - July 16, 1953, Kingsport, TennesseeIke wins major Victory on tax by excess profits Jaq boost to Gruff barriers Extension for 6 months passed expected to 5park House fight scout is fatally Hurt in Nevada Kings fort times thursday july 16, 1953 3 Wright is wrong melons vanish president emerges Winner in toughest legislative fight Washington up Sace of the excess profits tax Bill gave president Eisenhower a major Victory today in the toughest legislative lest yet for his six month old administration. The measure needed Only or. Eisenhower s signature to re new the 1950 excess profits Levy. Which expired june 30, for six months until dec. 31. It was a major item in the administration s budget program. The Senate shouted approval of the Bill late wednesday and sent it to the White House. The usually slow moving upper chamber completed action after Only four hours of debate and Only five Days after the measure finished ius bumpy course through the House. Republican leaders in the House made support for the Bill a test of support for or. Eisen Hower. Senate gop leaders invoked the president s name Acain wednesday to get the Bill through the Senate without amendment. There had been Repner s hair. Eisenhower had no objection a increasing the s25.000 exemption for the corporate income subject to the excess profits tax. But chairman Eugene Miili Kin in Coli of the Senate finance committee reported he had telephoned the president wednesday. He said or. Eisen Hower hoped the Bill would pass without amendment. Millikin s Appeal came in a fight to defeat an amendment sponsored by sen. John j. Wil Liams ir-del1. The amendment would have exempted the firs .5100.000 of a corporation s in come instead of s25.000, from the excess profits tax. The Williams amendment was Defeated 34 to 52. Washington re publican leaders were reported ready today to Clear for floor action a hotly controversial Bill to increase Tariff barriers protecting american Industry from foreign Competition. The Bill sponsored by rep. Richard m. Simpson a Pai is strongly opposed by the Eisen Hower administration which is urging instead a program to pro Mote free world Trade. The House rules committee normally dominated by administration supporters convened today to decide whether the Trade restricting Bill should be wit to the House floor. It was approved 15-10 last week by the ways and Means committee. Simpson predicted in an interview thai the Bill would be passed by the House probably Early next week. Republican Leader Halleck of Indiana noted that the Simpson Bill Hiis Strong support especially from House republicans but he said he was extremely doubt Ful it would pass. Simpson insisted his Tariff Bill needed to protect the jobs of american workers in industries he says Are suffering from Corn pet i Ion by cheaper foreign in. Ports. Six democrats on the ways and Means committee in a minority report to the House said a step 10 restrict Trade now could do irreparable damage to he strength and Unity of the free nations of the major provisions of Simpson s Bill 1. A broader definition of in. To american Industry justifying Tariff Rale increases. The committee majority said the present Law Beer interpreted As meaning an entire Industry must be Hurt before tariffs can be raised. The new definition provides for Relief upon substantial injury to any group of work ers. 2. A quota limiting All imports of Petroleum products to 10 per cent of Domestic demand. Imports of residual fuel Oil would be held to 5 per cent of demand sharply curtailing pres ent imports from Venezuela. 3. Higher tariffs on Lead and Zinc. 4. A reversal by Law of former president Truman s decision de Nying higher tariffs for the watch Industry. Joe Adonis freed on old charge nabbed on another Trenton. N. J. Up Joe Adonis grading Boss of a once flourishing East coast gambling Syndicate walked out of the new Jersey state prison a free Man today but was promptly hand cuffed and taken into custody by a u. S. Marshal. The 51-year-old racketeer was seized by marshal William Kish on a Federal detainer and taken before u. S. Commissioner Clif Ford r. Moore for a hearing to set bail on government perjury charges. If Adonis cannot meet the amount of Bond fixed by Moore. He will be jailed again pending trial in u. S. District court at Washington july 23. A two count indictment handed up by a Federal grand jury in Washington april 24. Charged that Adonis lied twice in testimony before the now defunct Senate crime investigating committee in december. 1950. The indictment said Adonis born in Passaic n. A. And when lied when he testified he was he said he was a citizen of the United states. If convicted he would be liable to a maximum penalty of 10 years in prison and a Fine on each count. Adonis went to prison May 28, 1951, to serve a two to three year term for operating float ing Dice games in new Jersey. Paddle invention shocks Nichols who has memories of old system by harm an w. Echols coming off the Back porch where Washington j1 spent Many an hour trying to thing shocking has happened i conquer the Robin s Lullaby to the spare the Rod spoil the Jon my fiddle she would mount child method of fetching up our the stoop grab an ear and Baltimore the West Orange n. J. Wright Way into the army is West Orange held its annual Las vegas Nev. Wis the wrong Way a United states Watermelon eating contest yes Consin boy scout died last commissioner decided yesterday1 the a memorial Hospital official1 As he ordered a 19-year-old e c nes s said of injuries received when Pittsburgh negro held in Tepie Clin he fell from one train and was bail on a charge of impersonal 4 minutes 29 seconds run Over by another while ening a Soldier. The result 800 pounds of a route to the National boy the Pittsburgh youth Lumies Ter Melon vanished. Jamboree near los Angeles. The victim Roger Swenson 15, of Hayward wis., was injured Early tuesday at Leith j. Wright memorized a Soldier s name and serial number and convinced military authorities he had missed an inductee train. Now you can lick athlete s foot with Erato Lytic action the a. It Erato Lytic fungicide. So Fughs Young. March me to the Back Yard Nev., 86 Miles East of Here. His he was taken to it. Meade. Is left Arm was severed at the j sued uniforms and supplied with shoulder. His right Arm and both bedding until the army Learned baby s in just one hour Bravo of Tho i Nur 40c Back at any drub store today at legs were broken. Of the deception. Cim Choicia drug store adv a Man by the name of George where stood a peach tree f. Jorgenson of Norfolk va., has with the neighbors looking invented what he Calls a pad out the windows i then was die for disciplining commanded to take my boy thing that does t Hurt very scout knife and slice off my much. Own switch. The paddle looks something the next step was to Roll up like a Tennis Racket and Jor my pants legs. The next was to Genson says it is for discipline howl bloody murder this part ing children without causing being my own idea. It seems bodily injury that my mom at heart was the business end of the Gim Mick is quite Broad and covers a considerable roughly it works this Way. Could her and the interested neighbors the idea she was half killing me she would ease off and often As not Stop altogether. I caught a lot of easy Licking that Way. Wants out of jail Warren Ohio a self the old Man gets Junior Over his knee in the accepted manner and lets Fly. If his is up and his right Arm is too Strong a hinge in the Middle of the paddle handle gives Way. No damage to speak of is done. Jorgenson says that his invent i styled artist expert automobile j Tion prevents accidental injury Driver and golfer is Advertis a to the j ing for someone to pay his Fine my father did t go in for the and get him out of jail. Board method. He was strictly a Walter Jackson 38. Contend Flat hand pants Down is no place to de in the i Don t recall Ever being serious summer put an and in the by injured. But i be got my Mem paper yesterday saying he would o1 ies be willing to work for any Benel dad once told me. After i out Factor no would pay his Fine grew him and paddling that he had his own system. When his he serves hand got redder than the part assessed for concealing a knife to which he had been applying it he just stopped. After he Huhe has 15 rested awhile he would give an other treatment. Actually he was t too severe. I my mom was not the old Fash joined wait till your dad i comes Home Type. She Wasj pretty Handy in her own right when she heard a sour note. T Yston serve. Moving Call 948 Tom still Transfer co. Expansion Bend included of no extra s a Hesi for dress for work for play for gifts for your self you can t go wrong when you a famous my. Assures you dependable performance and accurate timing. Pkg an up to Date watch from of Large selection. Watch style have Maofen we Xvi. Charge it use your credit use your credit charge your selections at your jewel Box your Friendly jewellers

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