The Abilene Reporter-News (Abilene, Tex.), Vol. 62, No. 200, Ed. 1 Sunday, January 10, 1943 Page: 7 of 28
This newspaper is part of the collection entitled: The Abilene Reporter and was provided to The Portal to Texas History by the Abilene Public Library.
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O
nuary 10, 1943
(
ft.
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0
Montgomery,
for portrait. *•
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1
Actor Gary 0
York City.
lb base after,
oma. Wash.,
hoe between.
plane used
Sunday Morning, January 10, 1943
THE ABILENE REPORTEB-NEWS
Tune in on KRBC
PAGE SivEn
•Anti-Inflation Proposal Calls for Post-War Purchase of Consumer Goods
•SPECIFIC COMMODITIES
.CERTIFICATES PLANNED
By ARTHUB F DEGREVE
WASHINGTON, Jan. 9— (UP) —Price Administrator
Leon Henderson is expected soon to endorse publicly a revo-
• lutionary anti-inflation plan calling for investment of billions
" of dollars annually in consumers goods to be delivered after
ECONOMY THEME EXPECTED TO
DOMINATE 48TH LEGISLATOR
could. If he chocs, submit any legis-
lation on an emergency basis and
thereby speed its consideration, but
Christmas Incident
the war.
The plan, prepared after months
of study by special OPA Adviser
Rolf Nugent, is opposed by Secre-
6 tary of the Treasurer Henry Mor-
genthau, Jr.,- and by some portions
of industry. President Roosevelt's
' attitude is not known.
- At the outset the plan would
apply only to automobiles, re-
frigerators, pianos, oil burners
• and automatic stokers. If suc-
cessful. Nugent believes it would
take out of circulation $1,500,-
000,000 (B) the first year, $4,-
500,000,000 the second year and
$6,000,000,000 the third year.
• Under the plan a person would
buy a certificate which would be
accepted in payment for a specified
article. Certificates would be sold
only on installment terms to en-
courage payment out of current in-
come.
• APPLY TOWARD PURCHASE
They would be issued in various
denominations, identified with price
classes of goods, and would apply
toward purchase of any make or
model in a specified price-class. If
e the post-war prices differed from
the certificate's value, the differ-
ences could be adjusted in cash or
in finance company credits.
Payment schedules would be re-
lated to certificate values, ranging
from 12 monthly payments for 8100
• certificates to 25 monthly payments
for $2,000 certificates. Persons in
the armed forces would be permit-
ted to buy on longer payment sched-
ules.
Installment payments would
a be made to local telephone, gas
" or electric companies and other
agencies readily available to
purchasers. i—...
To prevent speculators from ac-
quiring claims to large quantities
of goods for resale, the number of
•.certificates would be limited. They
would be non-transferable except in
such cases as inheritance or be-
quest, execution in satisfaction of
judgment, and distribution of as-
sets in bankruptcy.
. OFFER INCENTIVES
• The plan would offer consumers
two incentives for purchasing cer-
tificates: a prior claim to goods
subject to sale and a discount from
the established post-war price.
Priority numbers would be deter-
Q mined by the month in which the
purchaser signed his Installment
con tract.
The price discount weald be
accomplished by giving the
post-war certificate a "mer-
chandise" value greater than its
i purchase price. Nugent pro-
posed a 10 percent differential
to be, made at the time of de-
livery. The dealer completing
the sale would sacrifice part of
Ms normal gross profit and ob-
tain a rebate from the manu-
facturer.
The entire project would be ad-
ministered by the Federal Reserve
board which Nugent said it fitted
for the task because of its relative
immunity from political pressures,
and its decentralized system of ad-
ministration.
By WILLIAM E. KEYS
AUSTIN, Jan. 9. (P)—The 48th
legislature begins the serious busi-
ness of a wartime general session
Tuesday.
Fanfare and celebration will be
cast aside as gavels pound the ses-
sion to order at high noon
Not all of the 181 members will
be in attendance as five senators
and 13 house members are in the
armed forces.
The war will influence the
session in other respects. One
effect already is apparent. The
need fee state economy in face
of rising federal taxes has obvi-
ated the possibility for new or
added state taxes in the opinion
of most members.
The plan envisages the day when
the Office of Price Administration
and the War Production board arer ed to shade all other legislative
discontinued. When -this happens,
the Reserve board would have re-
sponsibility for issuing special pri-
ority certificates as may appear in
the public interest and fixing max-
imum wholesale and retail prices of
goods covered by certificates to pre-
vent post-war exploitation of pur-
chasers.
Invest
in
America!
BUY
War Bonds
and
Therefore economy is expect-
subjects and to completely black
out still others that normally
are considered at a biennial ses-
sion.
Before the business of lawmak-
Ing begins organization work must
be completed. This will take the
better part of a week.
On opening day the house will
elect a speaker and the senate will
choose a president pro tern who will
preside until the inauguration Jan.
19 of Lieut. Gov.-Elect John Lee
Smith
Rep. Price Daniel of Liberty “was
assured of election as speaker. The
senate probably will choose either
Sen. A. M Akin Jr., of Paris or
Sen. Vernon Lemens of Waxahachie
as president pro tem.
Both chambers will elect employes
soon after the session convenes and
presiding officers ol either branch
will name committees — the work-
houses of the legislative process-
as soon as possible. :
An important preliminary In
both branches is canvassing the
general election vote for gover-
nor and lieutenant-governor,
necessary prerequisite to the in-
auguration of Gov. Coke R. Ste-
venson and Smith.
Governor Stevenson will ad-
dress the legislature Wednesday,
mapping a program of proposed
legislation to fill wartime needs
of the commonwealth.
The governor has not revealed the
content of his message in which he
had indicated that among other 1 41 1 DAnne I
things he will ask that the legisla- in Alaska brings Joy
ture redistrict the state on the basis 3 *
" 8 To Colorado Boys
COLORADO CITY. Jan. 9—(pD)
—Two Colorado City soldiers have
reason to repeat the oft-quoted
adage, “it's a small world after all."
A letter received in Colorado City
All redistricting attempts since
1821 have faUed although the con-
stitution makes mandatory legisla-
tive reapportionment following pub-
lication of each decennial census
Until the governor and lieuten-
ant-governor are inaugurated Jan.
19 other organisation duties will
progress.
The inauguration will take place
before a joint session in the house
of representatives. Receptions, balls
and other social events normally as-
sociated with an inauguration will
be eliminated this year, a possible
keynote to the entire session.
Zapata Oil Lease
Sold for $100,000
LAREDO, Jan. 9.—P—Frank R
Campbell, member of the firm of
Mrs. J. Ed Richardson, has been in
Alaska since the first of Decem-
ber. He is a recent graduate of an
advanced radio school in Florida
Hart, inducted three months ago, is
the son of Mr. and Mrs Rube Hart,
and is in the quartermaster corps.
The men attended Colorado City
high school together and were later
both employed by the Colorado
Amusement company Neither was
aware of the other's location.
Passenger traffic on American
railroads hu increased more than
50 percent in the past year.
Dr. Cyrus N. Ray
Osteopathic Physician
Office: 716 Mima Bidg.
Phones: Office 3133—Res. 6764
. “We went out for pie and coffee,"
this week by the family of Pvt. Hart’s letter said, "and I brought
Sherman Hart proves the point. The
letter, written Christmas day, be-
gan with the announcement. "I
have arrived safely somewhere in
Alaska."
"I am feeling very far from
home,” it continued," and pretty
lonesome." Then. "I~ just looked
across the writing room and got
the biggest surprise of my life.
There sat Porter Richardson writ-
ing to his dad and mother!"
Pvt. Richardson, son of Mr. and
Richardson up to date on news from
home. His letters have gone astray.
He looked pretty glad to see me.
too. It’s a small world after all."
HEAR
AGAIN
copwoa
w ORE CLOTHES
* Refugee Answers
Farmer s Bride Ad
• MIAMI, Fla Jan 9.—(P)—Marion
Bander, 18-year-old German refu-
gee. answered the matrimonial re-
quest of a Lookout mountain farm-
er because she wants a home.
When the dark, shy young girl
e read a news story about Lloyd
W Back. Id-year-old Tennessee moun-
tain farmer who wanted a wife, she
wrote to him. In care of the Asso-
ciated Press in Chattanooga.
"Americans who are secure in
their homes don't know how ter-
• rible it is to lose everything," Ma-
rion said here
"I sent the letter because I’m
looking for a home." 1
Miss Sander last heard from her
father in China, but she doesn’t
a know where he is now.
• She has not yet heard from the
farmer In search of a bride.
Synthetic Rubber
Situation Gloomy
• WASHINGTON Jan 8 -
"Catastrophy" confronts the syn-
thetic rubber program — already
set back one month in its race
against dwindling reserves—unless
a prompt, clean-cut and unquestion-
• ed priority is granted 65 to 70
percent of the plant construction
program. Rubber Director William
M Jeffers declared today.
• The rubber chief, said that any
further delay would bring the
• rubber reserves of the United Na-
tions in September down below the
"danger line" of 120.000 tons chart-
ed by the Baruch report.
'Molotov Cocktail' -
• FRESNO. Calif., Jan 9.—-
John T. S. Clark, middle-aged
former city councilman of nearby
Banger, was charged Friday with
attempting to murder his wife by
hurling a jug of gasoline on an
• electric heater in the bathroom
where she was taking a bath. Mrs
Clark was rescued by her brother.
James Bryant She was reported
in a serious condition.. [.
• Shuttle Service
ATLANTA, Jan. 9———A locomo-
tive plowed into an automobile oc-
cupied by Mrs. C W. Spear and
two companions and dragged it
along the tracks about 40 feet. The
• engine then hurled it into the path
of a train going in the opposite
direction and the automobile was
dragged back about 50, feet, finally
sliding clear. Mrs Spear and her
companions climbed out unscratch-
a ed
Stamps!
Manley and Campbell of Laredo.
yesterday sald his firm had pur- T,
chased from the Buffalo Oil com- | 1
pany a 2,000-acre oil lease with 42 | NUNE UL
producing wells, involving a cash
deal of $100,000. 1-5
H. P. Taubman of Dallas is presi- W
dent of the Buffalo company. The ‘ •
lease is in the old Mirando Valley
discovery field of Zapata county. .
(-APE (e)
.Joseph
World’s Largest
R
eller at 10,
S
AS
ADVERTISED
IN LIFE
Have you tried “everything" to im-
prove your hearing? Try’once more
95% of deafness problems helped by
latest audicle. Free hearing test.
SONOTONE OF ABILENE
Mims Bidg.
Phone 8044
Ti
There was
plenty of
behind
him
in
1942
Make Our Store
Your Work Clothes
Headquarters
We Outfit Any Working Man
Regardless of His Needs.
• Army Men!
Vhi Us for Your Needs
OPEN EVENING
Jack S,lnc.
110 Chestnut
(Just off S. 1st.)
and we’ll supply it
again in 1943!
A Review of 1942
• The war developed unprecedented demands for electric
power. However, no shortages occurred. West Texans have
become more and more conscious of rationing But they’
ace the new year with no threat of a shortage in light or
power.
• At year’s end we had contributed 151 skilled men to the
Nation’s armed forces. 29 of whom are commissioned of
ficers in the Army and Navy. One is a lieutenant-colonel:
six are majors, five are captains; fifteen are lieutenants; and
two are ensigns.
• The new year finds our power lines extended to serve
wartime training camps and industries in San Angelo, Bal-
linger. Abilene, Cisco, Stamford, Vernon, Childress,
Shamrock, Dumas and Dalhart All requirements have
been met in full and without delay.
• Employees of the company are responding lovally-and patriotically
in the War Bond sales campaign Better than 90% are regularly buying
bonds and stamps on a voluntarily basis Many have invested their major
savings of a lifetime As an example, Karl T. Harbin, a clerical worker,
now is the proud owner of three $500 bonds; and Cruze Duarte, a janitor
has his first bond and is paying out another by making deposits of $2 a
month with the WTU cashier. The company itself bought the maximum
permitted ($50,000) during 1942.
• We enter 1943 with the entire facilities and manpower of the com-
pany pledged to an all-out effort to end the war victoriously during the
sear Our nation has more electric power than all the dictators put togeth-
• er This power means PRODUCTION. And production will win this
warl %. *
West Texas Utilities
Company
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The Abilene Reporter-News (Abilene, Tex.), Vol. 62, No. 200, Ed. 1 Sunday, January 10, 1943, newspaper, January 10, 1943; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1635606/m1/7/?q=%22%22~1: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.