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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
May 04, 1959
Page
7
The piece argues excise taxes reach a point of diminishing returns, citing Ohio Oil Company figures that motorists pay about 90 a gallon in state and federal gas taxes, over 40 percent of price excluding tax. It warns a 50 percent federal tax hike could curb sales and reduce revenue, urging restraint in tax levels.
The piece recalls Clare Boothe Luce’s bruising Senate inquiry into her appointment as ambassador to Brazil. It notes her husband Henry Luce’s Life and Time influence and a heated exchange with Sen Wayne Morse. It defends Morse’s right to defend himself amid political infighting while criticizing Luce’s tactics.
Sidney residents rally to support the Band Auxiliary in raising funds to send the Sidney band to Portland Oregon for the Rose Festival. The community’s generosity and the band’s proven character are cited as proof the trip will bring valued publicity and pride to Sidney Nebraska.
Gov Nelson Rockefeller of New York has pushed through a tax increase of about 272 million dollars. The author recalls John D Rockefeller’s habit of giving dimes to children and quips that it would take hundreds of billions of Grandpa's dimes to cover the tax. The piece playful, critical tone contrasts old wealth with modern policy.
The narrative recalls Griffatian Herter waiting on stage before being named Secretary of State while Harry S Truman offered encouragement. Truman, in Philadelphia that year, faced debts and party doubts as he led the convention to nominate him, then defeated Tom Dewey. The remark about starting from a disadvantage hints at Herter's tougher path.
A 1939 earner with a wife and five children would have to make $12,118 today to break even in purchasing power. A man earning $7,035 now buys only what a $3,000 earner did in 1989. Tax and inflation drive the gap, eroding dollars as prices rise.
A busy editor muses on UNIVAC as a betting aid, noting its ability to store thousands of horse data and discard the field to favor the likely winner. He argues the machine could bankrupt bookies and questions gambling reformers ideas, contrasting machine reasoning with human emotion in wagering.
An official from a major manufacturer argues that 84 percent of personal income tax revenue comes from the top 20 percent, while only 16 percent comes from progressive tiers. Taxing excess above 50 percent at that rate would cut direct revenue by 734 million dollars, about one percent of federal collections.
A reflective meditation on aging with May as its symbol of renewal. The author argues that the young at heart persist across years, noting how perception shifts with time, the harmony between nature and humanity, and the folly of war in spring. Emphasizes living fully, kindness, and finding happiness from cradle to grave.
Rep. Bill Dawson of Illinois seeks a general audit of White House expenses amid protests at high costs. The White House budget for this year is 5,013,750 dollars, more than double Truman’s last year. Next year’s request is 332,000 dollars higher as economy is urged. Total executive offices budget stands at 52,736,350 dollars. Truman’s last year was 6,703,000 and the next year request is 91,880,000 with civil defense offices included. The figures spark debate on accountability versus practicality.
A Kingman Arizona Miner column discusses anti communism and the appeal of communistic promises to impoverished populations. It argues many have known only poverty and lack alternatives to total domination, urging readers to recognize the danger.
The Herald argues labor and management disputes over wages and profits persist while government dithers. In contrast, baseball offers action and a clear result, presenting a welcome antidote to broader uncertainties.
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