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Newspaper
Myrtle Point Herald
Location
Myrtle Point, Oregon, United States of America
Date
May 02, 1957
Page
2
A public opinion survey on Washington state voters found power policy ranked low among concerns. Only 9 percent cited the power issue as dominant, with 53 percent favoring private dam development and 20 percent backing government dams, suggesting tax free socialized power had limited support.
The statement explains a company may choose short or long term depreciation for tax deferral. If short term is chosen, deferrals in the first five years are paid later as additional taxes. ODM issued amortization certificates for Brownlee and Oxbow dams under federal section 168 guidelines aligning with defense related essential facilities.
In Coquille Valley Golf & Country Club spring tournament Russ Holiman, Spring Handicap Champion 1956, lost to 11-year-old Danny Elliott after a long day of 36 holes. Danny, with no handicap, fought a tough match and won 2 up with late pushes. The town cheers the unlikely victory as Danny aims for a cup.
A reprinted Daily Evening Ledger page from Mexico Missouri highlights a local protest where the Mexico City Citizens Committee to Curb Inflation urges nationwide action. The group asks Congress to cut spending and curb taxes, warning inflation and high living costs. It notes a $280 billion national debt and urges restraint from both government and citizens. An additional piece recalls 91 year old war veteran Charles F. Gilroy’s birthday and his spring poem about robins signaling the season.
A fragment from a local page recalls early 20th century life in Coos County. Mr. Gilroy settled on Mt Tamany in 1908, later moved to Long Beach, and after an accident while returning to Bridge, broke his hip. He then resided at Myrtle Rest Home, born Feb 10 1886 in Newport.
The speaker cites postwar aid to Indonesia and other countries to illustrate how vast spending is justified as preventing communism. He argues that billions have supported nations under pressure from the Iron Curtain and questions the effectiveness of such programs.
The 1952 speech by Dwight D. Eisenhower cautions Americans against mandatory government outlays saying the United States cannot bear all international costs. He urges restraint and cites large past outlays and wars to argue dollars alone cannot solve global challenges.
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