Page 1 of Feb 19 1958 Issue of Mount Pleasant News in Mount Pleasant, Iowa

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Mount Pleasant News (Newspaper) - February 19, 1958, Mount Pleasant, Iowa The it. Pleasant news warmer these Days by George e. Sovetsky vol. 80. No. 12 it. Pleasant. Iowa. Wednesday evening. Eli. In. 1958 simple economics in the old fashioned capitalist i economics the determining Factor 1 in All situations was me free 1 Mal feet. In a word. Ult Law of sup j p. And demand decided prices. I wag a j refits Prosperity or bad tunes. Of course the Law of Supply j and demand a often impaired by natural or unnatural causes such As earthquakes and other disasters generally referred to acts of oed and Waits rebellion revolution. And such act of Man. In recent years tile capitalist countries have been profoundly Alf crud by tilt economic philosophy of Jim Maynard Keynes and disciples their ideas have had their greatest vomit in tile United states v Here they went by the Timu i the new Deal. Separated from the jargon of scholars. Tin ii ideas May be stated Rule simply a follow. I. Taxes Are to be employed not merchants announce Washington a birthday Sale a be i. Pleasant merchants announce that they will hate a Washington s birthday Sale saturday for those who might not in no a Washington a birthday Sale is. It can be stated that it is a Day of ridiculous bargains. Fun St class merchandise is offered to the Public at i ices that will make your head swim. The feb 22 Sale idea was i Wug tinned in Washington d c several years ago. By items like a radio or a television set were offered at a ridiculous Price $1 38 for example. Persons stand in Hue for Hon s to to sure to get one of bargains i lie one Day event on the 22nd not guilty verdict returned in local trial Only As a Means of raising Revenue 1 Cau he 011 throughout the for the government but also to Conli Al the operations of the Economy 2 when Rimes air bad the give in Merit intervenes pump priming to Gat the Economy moving and support Are provided sub i Dies farm Relief Etc to maintain and protect the Economy. What revises could not explain was How in a country such As ours it is p smile to get rid of special interest benefits which sub a a Che and reliefs Are even in the most prosperous times. After All. Elections come every second year and there is too Little time Between elect Obs for the politicians to be earn statesmen even temporarily. The result is that most subsidies for individuals or groups established emergencies during a depression or a War have continued even in time of peace. A the subsidies and reliefs be came permanent the Cost of government Rose taxes Rose the value c f the Dollar fell and the High West of living plagued the people. Country until hundreds of cities end towns Are holding a Washington s birthday Sale thus the m pleasant retail committee decided to have a similar Sale a few of the items which will be offered at the Low prices Are listed in an advertise men elsewhere in this Issue. Watch for More details in thurs Days new new London reorganization plan approved a District court jury returned a verdict of not guilty in the Case of Glenn Sci Nicklett Olds wednesday of Terne n Shacklett had appealed a Justice court conviction of failure to yield the right of Way and causing an Accident the Case went to the jury at la 30 j a in and the verdict was returned at 2 . Testifying for the state tuesday i afternoon were or Glen Widmer it infield. Jonah Lingerich of Ka-1 Iona and James Richard Highway i patrolman stationed in Washington i defense witnesses were Kenneth Tolander and Glen Seberg both of Olds Donald Voss it pleasant mrs. Shacklett and or. Shacklett. Shacklett was found guilty of the charge in Justice George Means court and ordered to pay a Fine of $25 and costs. However Shacklett appealed the conviction to District court. A car driven by Shacklett was i involved in an Accident i s Miles j North of Olds with cars driven by i or. Widmer and Lingerich the i morning of october 15. 1957. Patrol Man Richart who investigated the Accident filed the charge against Shacklett. The defense maintained that Widmer was driving at a fast. Rate of Speed and it was Speed which foreign Sti Dumn Xiii pm Sis lore ii n students who Are exchanges brought states through the efforts of rotary were guest a a Foster parents at the local rotary clubs in the exchanges and their a Mer Iran parents an front Row Are from left it mrs Milford Dodd a. To avoid inflation in a period of declining currency value the government resorted to devices which mad Money tight in a country whose Day by Day Post potable purchases Are a cd upon credit. As soon a Money became tight the Economy began to move in the i Lection of a depression so that now we have about 5,000,000 unemployed. Tire president believes that he can solve this by March which seems in Noble. In 1956, the Revenue from income taxes amounted to $56.600.000,000 As compared with $2,188,000,000 in 1939. The total amount taken out of private Possession by the government in 1956 was $78,820,000,000 As compared with $5,667,000,000 in 1939, it was not a necessary expenditures As was established by the Hoover reports and various congressional investigations. Now the question that faces the Eisenhower administration is what to do about the oncoming depression tile president s program has not yet been clearly stated and except for a Little pump priming by seme modernization of the Post office Little seems to be planned. The largest number of returns Are in the Clas of those who have incomes from $600 a year to $10,000 a year. Those who earn Between $500,000 and $1,000,000 and Over number very few roughly Between 500 and 600 returns. If we could find a Way of recovering american Money from tax and profit havens abroad this number could be increased but not too much. The number of returns for contrast for incomes of Between $5,000 and $10,-000 will run Over 12.000,000 and produced in 1953 last Complete figures available in the Quot statistical abstract Quot $10,000,000,000 As. Against $169,000,000 for those who earned More than $1,000,000 a year. Too the Core of the purchasing Power f both immediate and Post potable purchases lies among those who earn Between $5,000 and $10,000 a year and when this element find Money tight Post potable purchases that is automobiles television radio refrigerators additional clothing suffer. A movement downward in cuts of meat appears. Lint it is the log potable item which affect employment most sharply and therefore influence the social factors in the Economy most violently it would seem logical therefore to make it possible for those who. Having earned income put the Money Back in circulation to have a break by cutting taxes. Until that is done buyers resistance to Post potable items will continue to Rise. This then is the problem that faces the Eisenhower Arim Nistra Tion. Wind weather drought and flood political conditions near and far. All Are effective factors in the development of economic Gondi the Henry county Board of education consisting of Darien Foss Salem William Carden Winfield or. George Sutton. It. Pleasant and Donald Bell new London met at 8 00 . Tuesday evening to caused the Accident Widmer test _ consider the new London proposed i fled he was driving 65 Miles per reorganization plan which would include part of the Linwood District and the Lowell Independent Rural school District. The meeting was j held at the t new London Public school and was attended by approximately thirty interested patrons. Berg from Denmark Elsa Parv Tahiti from Vinen from Finland Niki i Aion from Greece Finland Ulla i it urn Indonesia i i l i Glove my i a tvs no. Choca Hick Row cd i Hord Dodds Ralph i in i Olmi Aud is Hima i in ii Odai to Woods mgt Jai Vinal i., staving with the jesters. I Minim with the Woods it it Madison. Mins gloves at Ottumwa Stjern Ben with tile let of it and i. Pm a thru with tile i allot ii it rot Alt \ distil i Aud mimis and m. Fairfield i halon wit 11 Flat by bought pleasant hour. The Sehac Letts testified that they stopped at a Stop sign at the intersection of a county Road and Highway 218, turned South and was in the right West Lane when the northbound Widmer car skidded on Clifford Mckee superintendent of the wet pavement crossed Over into the new London school explained to the group that this was a merger of the new London Community school District with the Linwood Thomasville. A. Ins Bli the West Lane and collided with the Shacklett car. The Lingerich car was involved in the collision seconds Anc later. Lingerich said he was driving Idem Eisenhower warned con ii Lowell districts and that in about 45 Miles per hour at the time patrolman Richart gave testimony about the Accident scene. He said that a chunk of mud which evidently fell from one of the ears indicated the Point of Impact. Tolander and Seberg testified that they brought the Olds fire truck to the scene to extinguish a Blaze in the continue foreign Aid program Ike opinion it would make a fair and equitable District that would be satisfactory to most of the patrons included therein. Joe Davis county superintendent of schools told the county Board that there had been no filing of objections to the proposed District. After some discussion the county Board voted unanimously to approve the plan. Tile next step will be for the effected areas to vote on the question. A Date will be set soon. The group adjourned to the Kitchen where Coffee and sandwiches were served. Shacklett car. They said that there was mud on the Highway w hich could have been tracked or dropped by other cars travelling Over the area before the Accident. Voss told of being behind Widmer at the time of the Accident and going to a farm House to Call an ambulance. County attorney Charles Garretson was the prosecuting attorney and atty. James Mcdowell of Des j Moines the defense attorney. Members of the jury were Glen Heitmeier Grace Mcdowell Harold a Seyb. Stull Sam vice. Wil Norfolk va., ins a Twenty four of 27 seamen dumped into the Berrie Edith Moxley Vera Mckin 24 seamen Are missing today that taxes would go to and More american boys would be drafted it $3,942,100,000 foreign Aid program is a sharply reduced j in a St Randy Woi ded special message urging a vigorous continue at Ion of oui Mutual Security the president moved in Advance to counter expected Colima i tonal attempts to Cut military economic i and technical Aid pro pastels for the fiscal year starting next july i he insisted the Mutual Security plan a is our Only logical course in heading off the nuclear Era threat of soviet military aggression Aud meeting the Challenge of Roi Mim most a subversion or economic 1 y a. The Mutual Security program Quot describing the program a Bein Quot of transcendent importance to tit Security of the United is att the chief exclusive declared Quot i Ain conscious of the feeling it some that desirable development should be accomplished in us. Country before funds Are used for development a by a d Quot no one would Orion Lyu be i lint funds for oui own Milhaly forces should to denied until desirable civilian projects had been provided for. Quot yet our it for Mutual Security Are fully As important to our National defense As expenditures for our own forces and Dol for Dollar buy us mole in be two local business Halides at two change. Heyday. Important local Busine a a wac announced Here wed William has Eli it has sold Sianda re Oil inti i business and has purchased in interest in the Harney implement business Dame Green forma ear Salesman with a Sheet Mote has purchased the Hasm n Fritz St Ai Ida re station he will take Possession thursday. Visits Mack two times tile 3,000 word message sent from or. Eisenhower vacation Headquarters at Thomasville a 1 cautioned that a to discontinue o t los Bain Ruth a. Simmons Violet sharply reduce celebrate their Goth anniversary the a Waters of the Gale lashed Atlantic when their Lifeboat capsized. Were reported missing Early today and feared lost. The men had been forced to abandon the italian freighter to i it As late last night about 160 Miles East of Cape Lookout off the North Carolina coast when non Maurice ence Heater. Houri Hart Bond sales in county total $149,248 during january iowans invested the $18,446,540 in United states savings ships Forward hold sprang a leak Bonds for 13 per cent of the 1958 , compared with the National average of la per cent of quota. Sales for the month in Henry county were $149,248 a coast guard spokesman said three survivors were picked up by the president Adams a passenger liner out of new York the other Crew members were last seen in the a Drifting away from the Rescue ship Quot in a blinding snowstorm. The survivors were identified As i. Marini the Captain Alfred con j Tessi deck boy and Giovanni bar Cairo it ins it a a sudden flare of Bara fireman. Egyptian sudanese tempers Over the Adams was the first ship to i t Ach the stricken freighter last ten year old j program would result in Rouse-1 and i Lor queues including Quot a massive increase in our own de lense budget in amount Fin sex ceding Mutual Security appropriations necessitating increases in j a Quot a heavy increase in induct tis of american you Lii into our own i ruined Force a Quot ultimately a beleaguered America her Freedom hunted by mounting defense costs and almost or. Ii and or John wart h of new London celebrated that 60 i wedding anniversary sunday feb i 16 at an open House from 2 to 5 o clock. Eighty five guests Iran morning Sun. I. Union it pleasant Mediapolis Burlington Tju held. Wayland and new i aul it a called during the afternoon sudden flare of tempers subsides Frontier land subsided today although each maintained Sovereign night and was trying to take the i to claims to the disputed territory. Seamen aboard when they were tossed into the turbulent water. Goal line meeting thursday night 1 both egyptian and sudanese offi rials issued conciliatory statements 1 and Sudan said she was willing to i negotiate the controversy. The goal line club will meet at the Sheaffer quonset thursday at 7 30 . Ticket to the annual athletic banquet March 20 will be passed out to Thora present for distribution to other members. If the banquet 1 is to be another Success a Good at j Tendance at the thursday night j meeting is needed. Call Churchill s illness not dangerous Rocque Brune France ins a i Sii Winston Churchill s doctors reported today the 83-year-old statesman is suffering from a chronic bronchial Type ailment which will last several w weeks. Quot As far As we know it is not dangerous a or David Roberts said. Chimney fire tons. Thom without knowledge and imagination fall before the on j _ caught of these forces when times j firemen extinguished a Small Are troubled Chimney fire at the Leo Gerleman i fit Une in a world dominated by in t Mati onal communism a j the message followed the in. 1 Quot i or. Eisenhower s earlier warning in state of the Union message that if would be a reckless Folly to use missile age increases in defense spending As a lever to slash foreign Aid funds. 1 new program Calls for authorization and appropriation of two billion 635 million dollars for military assistance and defend support plus one billion 307 Mil lion for economic and technical a.--. Distance and other programs. I deep cuts in these he said i would result not Only in the above listed consequences but also would mean Quot a severe dislocation and Basic impairment of tree world and. He said there would be a certain crumbling under sino so Viet pressures of our strategic Over seas position., and a forcing of these positions progressively Back toward our own the resident said for the safety of our families the future of our children and our continued Iii the evening or and i Vann were honoured at a 7 of clock Trimier at the Iris court in of pleasant. The following children attended or. And mrs. C e Shu maker of Wayland or and min William a Lei of i pleasant a end mrs. William i Al a or and mrs Marvin Latta of burling it nor. And mis Arthur Warth or and m x. Albert Warth. Or and mrs. Russell Warth i and i Clyde Kuhlenbeck and the balloted guests of new London or. And or Roy Warth of Daiva and evict Warth of new London were unable to be present. I Hassenfritz will by i with i h Hanley in the implement firm. I hi., will not be a new cup it r j if Nee for Hassi Tritz Lor lie was associated with Harney implements j even years before buying the Standard lotion nearly live years j ago. I they will continue to handle the International Harvester Hue of farm equipment in the firms new location on Highway 218 at the North Edge of the City. To announce new feed additive Many Henry county cattlemen and feed dealers will want to at a end the cattle feeders Day at Iowa state College in aim next. Tuesday feb 25. According to county sex re n Ion director Phil paid of of pleasant Fig news ii to be tile announce ment of a new feed additive which increase gains of fattening cattle v Ith of without Stilb Estrol. More research will i needed before it n by us it i on farms the research i Xvi Ort cattle on the new and Tive will be shown at the beef nutrition farm Northwest of Ames Washington. Ins the i poll Mani for a Miami television station testified today that he visited Federal communication commis inner Richard a Mack twice lit partnership Ito 11 k Hun to Quot vote to what was i still a injured in mishap near Brighton col a i Ink a i ill Ald he j Ca i lad of Mack pc in malty after hearing from numerous sources that k Quot pledged Quot to vote to tile National ail a mesh Applina it Quot Ai Tai a Miami television Channel which the White it and two others also sought ii i he did not ask i Mack directly Whala to was a pled and Quot but a cd Only to i a Ida Ide ase on its merits Quot Mack has been accused of a a opting $2,650 from Thurman Whiteside an attorney for nation air lines about the time he cast f i vote for the air lines. At one of the two meetings Kat it Titie said Mack told me Quot i did t have anything to worry about because i had one of the Best Law-1 in the commit Ion on my j hat Kenime Aid in St ill does not know what. Wa., meant by that remark a Rhine in the dying before the House Commerce investigating sub commit toe also firmly denied Quot blackmailing Quot Whiteside to refrain from helping National. Natl Mal i awarded the Channel in spite of a commission examiner s Quot very Strong recommendation in favor of rat ent me % Carrier so per week j mall Iii per year in a of ii Jig dismiss red China a offer to withdraw Washington Gas u. S. Official today scornfully dismissed red China s offer to withdraw its troops from North Korea As a grandiose propaganda scheme they linked it with Russia s present Quot Pence Lullaby to make it Ai Pear to would that tile u. S. I the real threat to world Pean informed sources said the red us inane proposal was aimed up -1 in atty at laying South Korea open to the Neu communist Iii i skin of the la 8 should in Gullible enough to a Swallow the011111111111. Bait Quot the chinese comm uni t announcement Wax received in Washington with no Surprise As official had exit Estad it for several Days n part of a carefully engineered scheme by red Premier Chow in i Al to Man Euver the u. S. Into a position of appearing to refuse to accept a move for peace in the far East Secretary of Bonn a it it. U r Dulles moved quickly last week to nip tin piping propaganda plot in the Bud by stating unequivocally that the u 8 has no intention of i w u i draw a its few remaining. A Cut try Force.,i from South Korea it it j Long be tile threat of new Enon i my Nisi aggression remains in North i i Komi Dulles has been in consultation 1 with representative of the 15 Othet United nation that comprised to j Allied Force in Korea Ann w ii cad a meeting soon to consider the formal red chinese propos d but i there was co doubt it Wolf b i rejected i one informed source reacted to i in piping announcement with this comment a Walter seven years it i aggression in Korea ifs about time the chinese red army get. Out a Seoul ins a Toj ranking North korean communist was Dis tiered today to have a n arrested or the suspected Quot Mastermind behind the a High jacking Quot of a South korean National airlines plane sunday reliable Republic of Korea Amire described the captured suspect a Deputy Premier of the North korean government but. Withheld further details of hts arrest for Quot Security reason a meanwhile the Rok government called for Quot punitive action Quot against North Korea if the reds fail to release captured plane and Ito 34 occupants six killed in blast Mccook iu., it Inch 8ix Nim were killed and 32 others injured today when an explosion and lire i ravaged a Furnace House of the Roy nolds metals company Plant in or i Cook 111., near Chicago. Reynolds officials estimated damage at $1,000,000. The explosion also damaged Many other buildings on the Plant s 63-acre site eighty five workers were in the Furnace House Center of the Plant s aluminium melting operations when the blast occurred. Tile building was engulfed in flames. The dead were identified As Willie Southern 32, Woodrow Ware Marcel Ferguson and Davie Reynolds All of Chicago and Floyd Williams Morgan Park 111., and Edward Vancina Joliet 111. National farm loan reduces interest rate Wayland Raymond Kaufman received a broken nose and numerous cuts and bruises Friday even a fort d to. Copyright 1958, Syndicate inc King features residence at 803 West Henry Street it existence As a nation we Cannel ing when i car left the Highway in Miles East of Brighton. He was not found until two hours later when Lyle Manning of cop pock came by and took Hun to Home South of Wayland he was then taken to the Henry county memorial Hospital at my pleasant. Kaufman said he was blinded by the lights of another car. His 1954 la. Ins interest lateral land Bank 1< to Farmers were reduced one half of one p recut today according to Glenn e. Yates Secretary treasurer of the National farm loan a Sec ii til n 11. Fort Dodge. Leo Brau elected to Post Des Moines it inf it Otto a. By crusted of up Mierwa installed As president and a p Coontz of wat Loo a named president elect for 1959 at the Iowa pharmaceutical cation convention in Des warms up to Only to below local temperature Quot warmed up Quot to Only six below Zero tuesday night arid had climbed to 16 above at i p in wednesday the state May have Only a Short respite from the extreme co cd. However for a new cold wave May move in Friday. Broadway Motel sold at auction yah.-, a id he received ins True Moines tuesday. At 6 30 am. Wednesday. Afford to Slacken our support of Buick was wrecked. Or us from tem Maxwell president Al the Fai re lend Bank at Omaha to Cut Back the interest rates. It n new i effective today from 16k to 5 percent other officers ejected a Max j w. Eggleston of Waverly and Leo i Briu of mount pleasant vice presidents and Paul j. Jepson of Newton treasurer. The Broadway Motel owned by a. J. Walker was sold at auction wednesday afternoon for $39,500 purchaser was a or. Smith from Melrose. The property located about a Block inside the North City limits includes a residence property and service station in addition to the Motel units

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