The Orange Leader (Orange, Tex.), Vol. 52, No. 29, Ed. 1 Wednesday, February 3, 1954 Page: 2 of 10
ten pages : ill. ; page 23 x 18 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
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WEDNESDAY, FEBRUARY 3, 1954
THE ORANGE LEADER
PAGE TWO
vHcy nuvrm caw.
KING’S CHOCOLATES M
Income Tax
^^^RIGHT! ,
for Ik HOUSTON FAT STOCK SHOW!
BOYS mli GIRLS'
heavy denim jeans
Br CHAKLC8 F. BARUTT
WASHINGTON (AH) — Rap.
Wolcott (R - Midi) said today
< Democratic demands for a big
new individual income tax
! could load to disastrous inflation
; and “hurt the very people they
! sas they want to help.",
Wolcott, chairman of the Sen*
. ate-Houee Economic Committee,
thus lumped into a verbal battle
1 between the Eisenhower adminis-
tration and tome congressional
Democrats over who should get
1 direct tax relief to offset a slight
Valentina Heart 1-Lb. $«J0
with Western Doll Bex 3
Valentine Heart Box with
Beoetifal Red Bow
1-Lb. *)06 2-Lb SjOO
Box 4 Box Q
Valentine Heart Bex with
Glittering Gold Stamp
it* 60c ’I00
d<0 in the national economy.
1 Wolcott abo is chairman of the
''"use Banking Committee. His
-meets indicated some Republi-
cs are ready to wage an admit-
nv precarious fight in this con-
i. 'isional election year over new
tome tax cuts.
Party lamas
| Democratic Senators Douglas of
Illinois and Ful bright of Arkansas
' f---* -
styles, t deep front pockets with 1 18
large Up packet.
Boy's "Pioneer" Blue Jeans
Hear B-ex. deem, doable knee, Son- $15t
forized, ririted, barracked, zipper fly. ■
ACE HIM COWBOY STYLE JEANS
f.In, (an u, nA Ite 12*tc 11 IQ
_Talon ftmpr ftw — Rlnp (Vnlv LmnimS
fr WHITMAN’S
S&lkj' VALENTINE CHOCOLATES
RED PAPER HEART St *2.25 LV
lu“7an«tH‘heart Si
HURTBOXWIIH VALENTINE DOLL L?
Wgjf ui!satikartbox
MKKW Red. White, Yellow
WW 211. SAIM HEART BOX
Lew Prised tordf
FOB HEART ^
World famoet Whitman'* Candies in their cole*
brated packoges . „ Sweetest gifts of oil!
: tangled with Secretary of the
| Treasury Rumohrev an the issue
1 yesterday as the Economic Own-1
| mittee opened weeks of hearings!
j on President Eisenhower’s eco-
nomic report.
| Chairman Wiliiwn McC. Marti”!
Jr. of the Federal Reserve Board
’ was scheduled for questioning to-
! day.
I Dou<*las and Vulbrieht argued
j -vterday that Eisenhower’s tax
">ticy is weighted haovfly in fever
-f more incentives to business,
'dually, they said, the biggest
-oblem is shoring up the pur-
vasing power of consumers to
'iy the goods industry already
an produce.
They suggested an Increase In
-ersonal income tax exemptions
-ould be the best way to assure
prosperity. A 1100 increase in
| "dividual exemntfops would save
j ‘axpayen about 2 V4 billion dollars
a year.
H-Lb.
Bex
Humphrey insisted the admlnls-'
tration program of about $0,250.-
000.000 in tax cuts this year is;
about equally balanced between!
direct tax cuts for individuals and
incentives for business expansion
“to produce more and better Jobs."
"More tax cuts from the pay-
check will be of little value if
there is no Job to make the pay-
check in the first place,” Hum-
phrey said. “If you haven’t got
oavrolU you haven't get eonsum-
! .rs *•
j GTS.
Wolcott said In an interview th*
problem is to keep a balance
between expanding production and
expanding purchasing power. H«
said he thtnk. the edmioistratior
! program does just that.
| A 2 Vi-billion - dollar or more
shot 1b the arm to consumer
spending at the expense of reduc.
j ing proposed business benefita_he
said, would increase demand while
production would tend to remain
AGES 7 lo 14 WOVEN
1-Lb. Bex
Reg. $1.19
VALENTINE CARDS
FOR AU. m $
AGES! DC to
fast colors — pre-shrwk
am eteid—wtth tens tall—
e patch pocket—deabta
JUST LIKE MOTHfISt
50-Ft. KLEERITE PLASTIC GARDEN HOSE
WOMEN'S PLAID BLOUSES
static. And, he added, the reduced
revenue could lead to large-scale
federal deficits.
These two factors at work In the
economy, he said, "would lead to
more inflation and a fool’s para-
dise. Inflation ultimately would
destroy all economic value*, and
moral and spiritual values as
weD.”
PRE-SEASON SALE OF
2 GREAT SAVAGE
POWER
MOWERS
WOMEN'S WESTERN JEANS
Little Lsagee Fflm
Shown to Notorious
CANS
Movies of Die final game of the ]
Little League city championship
series played last August and won
by flw Ki warns Club over the
lions Club, were shown on the
program at the Tuesday luncheon
meeting of the Orange Rotary
Club. Alonzo Craft. little League
commissioner, presented the pro-
gram and introduced the president
of the two four-team loops. Jade
Jackson of the National League
and M. B. North of the American
Craft thanked the members of
the Rotary Club for sponsoring a
Little League teem and explained
WESTERN HATS____*1.98
HEAD'ftAHS'^r 2k ӣ17*
BOn' WESTERN BELTS S9c * 98c
MENS' WESTERN BELTS Nc » *1.99
WATER**??? CHER*
WOMEN’S FRONTIER
RED OR BLUE JEANS
PI amber’s Friend
FORCE CUP
IB-INCH
REEL-TYPE
SAVAGE
REG. 5114J5
GIRLS' SIZE JEANS
IB-INCH
WARY
SAVAGE
REG. 589 JO
Boy's 'Wrangler' 11 -02. Denim Joans
COMMONWEALTH OUTSIDE WHITE PAINTgjS*3.98
-V;
. -e.-J ______
SOX of
200
• fteSrWlwfc
[«srs£
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Browning, J. Cullen. The Orange Leader (Orange, Tex.), Vol. 52, No. 29, Ed. 1 Wednesday, February 3, 1954, newspaper, February 3, 1954; Orange, Texas. (https://texashistory.unt.edu/ark:/67531/metapth557748/m1/2/: accessed June 6, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Lamar State College – Orange.