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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Shafter Press
Location
Shafter, California, United States of America
Date
May 13, 1959
Page
2
The piece argues that although nominal meat prices rose, the time needed to earn money for a pound of pork or beef fell since 1919. It claims improved production, marketing, and retailing kept meat’s purchasing power near a bargain level despite inflation.
A survey shows a $5,000 yearly income in 1939 with a wife and two children equals $12,113 in today’s buying power. A man earning $7,035 now buys what a $3,000 earner did then. Taxes and inflation drive the loss of dollars, shrinking purchasing power.
The piece argues to cut the depletion allowance from 27 1/2 percent to a reduced rate, contending the policy is vital for oil producers to fund drilling and maintain supply. It claims the program fosters risk-taking in exploration and counters high costs, while stressing the aid is aimed at producers, not refiners. It warns that cutting the incentive could threaten U.S. energy security and prices, citing a Bureau of Mines view of $3 spent per $1 deducted. The Port Gibson Reveille notes France and Britain shifting toward conservatism and urges the U.S. to avoid socialist temptations.
A Kern water district was created May 5 after an electoral 20 to 1 approval by the Rosedale-Rio Bravo Water Storage District board. The 43,000 acre district near Bakersfield and Buttonwillow is the second of three proposed Kern storage districts to form in a year, with Semitropic organized last August and Wheeler Ridge Maricopa proposed with a May 28 hearing. Final operation awaits state approval and engineering plans, plus landowner study after proposal development. The note adds a historical line about the first school at Washington University in 1869 led by General Robert E. Lee.
The fragment references a church related event on a Sunday inviting Chu to attend. Details are sparse but indicate a religious gathering or outreach activity.
Friends report Mrs Jane Hahn wife of Dr James B Hahn of Wasco is back home after surgery at Bakersfield Memorial Hospital. An article in Today’s Prevent 60 to 70 percent of colds may be prevented and should be available in 24 hours. The author Dr Thomas G professor of virology at Notre Dame University.
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