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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Whitewright Sun
Location
Whitewright, Texas, United States of America
Date
Jul 01, 1954
Page
4
Subscription rates listed for Grayson and Fannin Counties at $2.00, outside counties $2.50, foreign subscriptions $5.00, with a promise to correct any erroneous reflections upon request.
Texas Attorney General John Ben Shepperd urges 29 reforms to close insurer loopholes. He calls four changes in penal law the most significant, including felonies for officers misappropriating company funds and submitting false reports to the Insurance Board.
A proposal calls for a separate felony to penalize bank and real estate appraisers who misstate funds or property for insurance firms. Proponents cite publicity-driven Spotlight on cases, urging cleanup to protect policyholders and honest insurers and restore public trust by closing loopholes.
The Fort Worth Press notes that most taxpayers pay promptly while criticizing those who evade taxes. Senator John J. Williams has documented IRS scandals and a 1951 list showing 625 taxpayers in upper Manhattan owing over $25,000 each, prompting a Congressional Record follow-up.
The piece criticizes the Treasury and Internal Revenue Bureau for mismanaging delinquent accounts and withholding data on 445 cases. It argues for legal changes to enforce tax transparency, calls for broader federal economy and reform, and advocates shifting some taxes to states while decentralizing government functions. It also attacks the income tax as unfair and notes excessive executive compensation versus tax revenue.
The excerpt argues for sound budgeting and reduced government expenses to strengthen the nation. It contrasts past and present executive pay, highlighting tax burdens and inflation from persistent budget deficits, and calls for balanced budgets and sensible taxation. It cites a vice president's $590,000 salary as an example of unsound finance.
The Army Surgeon General warns housewives to dispose of mayonnaise based leftovers to avoid bacterial growth and staphylococci. Keep ingredients cold and mix near serving time, no more than three hours ahead. If hands are infected avoid cooking.
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