Cooper Review (Cooper, Tex.), Vol. 95, No. 31, Ed. 1 Thursday, August 1, 1974 Page: 2 of 16
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ADLIBS
'ITORIALS
From The Ad Taker’s
Scratch Pad
SHOT FULL OF HOLES...
Inflation is tearing away at our
economic structure The effect has a
tremendous impact on everyone more especially the
middle income salaried person, and those engaged
in producing food and fiber - our farmers.
Our selected editorial this week, “Inflation: Who’s
To Blame.” deals with the declaration by Economic
Advisor Ilerbeit Stein that the public is at fault”
for inflation. We realize the situation will not auto-
matically end and everything get back to normal be-
cause of this article. However, we believe that proper
understanding of the disease by a majority of the
people will help bring about a cure.
<• •> •> •> •>
c
t
*7
7/ #_
m r
Faced with problems, statesmen retire to their
mountain hideaways to ponder their decisions. About
the best the rest of us can do is go down to the laund-
romat and brood over the tumbling wash.
• ' VXV V;
Ci)
C'j
Aii encouraging note: Top professional entertain-
er Glen Campbell opens his road shows with “I Knew
Jesus - Before He Was A Superstar” and closes his
show with “Amazing Grace.” Who sez all entertain-
ers have to be mean and miserable?
fifr rT
■ i
■ i, ;i
*‘.1
♦ •> ❖
The U S. Senate, without naming any specific nat-
ion, voted to cut off all American economic and mili-
tary aid to any country illegally growing and export-
ing opium. Will that include Rod China as well as
Turkey? And if we discontinue military aid to Tur-
key will that knock Turkey out of NATO? “Simple”
problems do not always have easy solutions.
, iI housing,
■ Decline
‘VL'-V-l!’ Vo- '• '' X V V V b 'i *' " I''n r t>- -n.
. Tom J
iiored O
In Years Gone By |'i'Blrt,,d
* H ... i.viw's wai
Taken From The Cooper Review' Files
TEN YEARS AGO
’ \
\
M.
\ «■ %
' 2
i
f
;va
City of Cooper officials have
again, for the second time with-
in a ten months period, imposed
on residents a curtailment of
water usage. The dry 100-
degree weather for the past
several weeks and heavy con-
sumption has dropped the water
level to near the six-foot level
indicating that about seventy-
five percent of the normal sup-
ply has been used.
The 1904 Delta Little League
All-Stars include Danny Cava-
naugh, Sam Bettes, Tony Toon,
Willie Brantley, Van Henson,
Mark Adams, Dale Stotts, Billy
Holdren, Bryan Swint, David
Smith, Elmer Wilson, Johnny
Willson, Frank Miller, Andy
Carrington and Steve Slough.
Managers of the All-Stars are
Wendell Slakey and Bud Skinner.
Troy Kern was paid tribute by
County Agents in District 5 as
“Man of the Year in Agricul-
ture.”
TWENTY YEARS AGO
Sgt. Weldon B. Cantrell, son
of Mr. and Mrs. A. M. Cantrell,
was seriously injured on July 2J
in an accident in Tokyo.
Word was received this week
from the executive director of
the State Board of Morticians
that Bob Scott Bartley had been
aw ai ded his Texas Funeral Dir-
ector’s license.
With some 2,300 people voting
in the Democratic primary
election in Delta County last
Saturday, voters outnumbered
the 1952 voting strength.
«*V. MoanU,u <
£2* r? *£
Wake,, „ „ ~
jFri
.i'll!*"3 iw
.....^
at Hotel Cooper,
“* u'»'"ctcounr«)rni *
afternoon.
Tom Jones w as
, ,r xtiih birthday
„ |he America
I Sunday- Jl,l> 28 1
gew*" wer*lhe'
u«* “
>s \|r and Mis K>
fjnd Mrs. Lee Joi
Mrs. Hilc Martin.
Nfrs. Cordic Blase
F«HTY years
AGO
THIRTY YEARS AGO
Cooper school board elected
four teachers, three to replace
others who resigned, and added
one to the faculty. Those elect-
ed were Miss Jaunice Mosley,
Price, home economics; Miss
Ada Ruth Freidline, Grand Sa-
line, music; Miss Annie Lee
Drummond, Birthright, grades;
Miss Ollie Pearl Arnuld, An-
tioch, second grade.
Three residences in rjJ
burned during the
homeofMrs.W.H.Dav^
td Sunday afternoon and Mm
mornuig the house occu
Ch«nhers Jc'*
H.rt> home
Ibe first bale of Deltas
com,,i was brought in ri^
Leo. ,CLa“g‘n"-1
L.rs attending
^Howard Newsor
Swain. Paris; V
cii Farnicrsv ille; 1
. william Goforth a
| N1' «
he Jones, Gene
Sue Jones. Debr
Junes. Tenna
L Jones. and
l.van. Mr. and Mr
Freddie and Joh
i Cobler. Glory.
P,h 1 V years AGO
Mr. and Mrs. S. D. C|,
have had as their
guests, |
. ;.v
<• *
After Watergate, what in the world will the New
York Times and Washington Post use to fill their
papers?
Inflation: Who's To Blame?
The Widely minted ctatomont a*\\~_____a_____ « .
Some experts say that each time wage and price
controls are applied, it is like tying down a safety valve
on a steam boiler while continuing to stoke the furn-
ace.
•> •> •> •>
ANGER is only one letter short of danger.
(Cooper ffilRrUiriti
COMBINED WITH THE DELTA COURIER
Entered as second class matter at the Post Office in Cooper,
Texas, under the Act of Congress, March, 1897. Published
every Thursday by the Sulphur Valley Publishing Com-
pany, 70 East Side Square, Cooper, Texas, 75432.
J. T. TONEY, Publisher
Subscription Rates: In Delta, Hopkins, Hunt, Lamgr and
Fannin Counties - One Year - $4.00.
One Year elsewhere $5.00 including tax.
The widely quoted statement
by Economic Adviser Herbert
Stein that "the public's at
fault’ for inflation has stirred a
storm of controversy, both here
and abroad. Before we comment
further, it might be well to
record exactly what Mr. Stein
said. First of all. he did not, as
reported in some circles,
suggest an increase in taxes.
What he did say was that he
would not approve such actions
as cutting taxes for Americans,
because "we should not be
putting $5 billion or $10 billion
in their hands which they’d only
go out and spend.”
And, in response to a
reporter’s question, ”Is the
public at fault?” Mr. Stein
replied: "In a basic sense this is
true...if people have endless
demands, we will have increas-
ing inflation....”
I SEEDS FROM
THE SOWER
By Michael A. Guido, Metier, Georgia
dollars, not created by increased
production but printed to cover
government spending.
So who is to blame for
inflation? Well, among others,
the Republiean-Nixon adminis-
tration is to blame for
submitting a Federal budget
each year unbalanced to the
extent of anywhere from $15
billion to $25 billion.
Congress is also to blame for
increasing the deficit far beyond
that originally recommended by
the Administration.
In addition, the massive,
non-elected government bur-
eaucracy is to blame for exerting
terrific lobbying pressures upon
Congress to steadily increase
their budgets, and strenuously
resisting attempts to cut back
manpower and costs from
existing levels.
“Special interest groups”
including the "liberal” bloc-are
heavilyto blame for demanding
more and more government
bureaus and services, without
telling the people that if the
increased costs are not covered
by increased taxes, their dollars
will shrink in value.
And, finally, we suppose, the
public is to blame for not
insisting that each and every
Congressman vote NOT to
spend more dollars than the
Government takes in through
taxes. So long as Congress
continues to spend more money
than we have, and so long as
their constituents do not take
corrective action by voting such
Congressmen out of office, then
inflation will continue. This is
the law of supply and demand in
the free market.
sister, Mrs. Charles Ross <
Mr. Ross of Snyder.
Guy Yeager and MissMin
Scott of Yowe 11 were
last Thursday night.
Rev. G. H. Brown, who hi.
pastorate in Scurry County J
uirned to his work afters#
leekend guests o
, grjee were Mr. ai
[h Brice and Jerry I
man: Miss Caroline
|,„ Mrs Noel Cobui
i Martini, and (. an
fr, of Shreveport, I
Su/annc Bryant
Lies California.
ing ten days with his famibl
Cooper.
Itmut Carrington is
L at home alter
lcn at Met uistiun I
laris.
and
A man, furious
deranged, threw his arms a-
round two pillars in a church,
boasting, “I’m Samson. I’m
going to destroy this
building!” The people cried.
But the pastor said, “Let him
try.” He strained, hut nothing
happened.
When someone speaks
lightly of the Bible, imagine
what this world would be
without it. Darkness and no
light, guilt and no forgiveness,
sorrow and no comfort, death
and no hope, sin and no
Saviour. What hopeless hope-
lessness1
SIXTY YEARS AGO
Mr and Mrs. Billy
Led recently from
Aubrey T. Stell was eh,
District Attorney over yJ
Ney land by a good rj
1. G. Glide well, respect
citizen of Cooper, died att
homo of his daughter \r ■
Walters. ’ M
fcnncisco, Calif, wh
fed their son and di
Mr. and Mr
Ihill.
from HISTORY’S SCRAPBOOK
PATES AND EVENTS FROM YESTERYEARS
The Cuban Revolution, under the leadership of Fidel
Castro, began on July 26, 1953.
July 27, 1953, was the date the Korean War ended
World War I began on July 28. 1914, when Austria de-
clared war on Serbia.
Benito Mussolini, fascist dictator of Italy, was born on
July 29, 1883.
Emily Bronte, famous English writer, was born on July
30, 1818.
July 3*** 777* b*,Canie a General ,n the Continental Army on
On August 1, 1946, the United States Atomic Energy
Commission was formed.
your week ahead
BV DR. A.W. DAMI
Forecast Period: August 4 to August 10
ARIES Most persons under your sign, unattached, are
Mar. 21 • Apr. 19 Prone to falling in love Incidentally, in most
cases, there will be too much thought de-
voted to the opposite sex.
TAURUS Orient yourself to reality, in affairs of the
Apr. 20 - May 20 h^art It seems as though the planet Mars
encourages you to exchange secretive gestures
with a member of the opposite sex.
GEMINI This week’s stellar patterns, do indeed, hold
May 21 • June 20 a strange, very strange, twist. It seems as
though your best money opportunities ride
on what you consider as being a set back.
MOONCHILD Many members of your sign face outside pres-
Jnne 21 • July 22 *ure that will put a dent in the family budget.
In other words, be prepared for a financial
emergency, should it come
Ih'S ^eelts events take on a strange twist.
July 23 - Aug. 22 Something you do will trigger popularity
among several of your associates — but cause
cold indifference among others.
VIRGO Projects, long held in the back of your mind
Aug. 23 - Sept. 32*111 be put into action In other words, you’ll
put wheels under several of your dreams!
Actually, it s time to seek opportunities.
LIBRA Those under your sign, unattached, face a
Sept. 23-Oct. 22grange romantic twist Actually, most Li
brans should prepare for unusual things . . .
in the romance department.
SCORPIO According to your chart, there’s a social ac-
Oct. 23 - Nov. 21 J'vity or gathering that would be advantageous
for you to attend In other words, solitude or
seclusion is not recommended, this week.
SAGITTARIUS I‘°ok for an unexpected challenge It seems
Nov. 22 - Dec. 21 « though an associate secretly, has been
questioning your motives So, try to give
toward • afnswers Otherwise, you’re heading
toward intrigues and confusion
CAPRICORN Your surroundings might indicate otherwise
Dec. 22 - Jan. 19 nevertheless your earning power and financial
,h.°?‘d,br °n ,he UPSW'"K Mean-
ing Don t let bad news" slow you down
AQUARIUS K scem« as though you'll have to do some-
Jan. 20 - Feb. 18 thing that you don’t want to do Meaning? A
situation, that has legal overtones, must be
taken care of, this week
What Stein had to say was
economically accurate-but only
in a limited sense. The "basic”
he was talking about was
nothing more than the old law of
supply and demand; the less the
supply and the higher the
demand, the higher the price;
the more the supply and the less
the demand, the lower the price
will be. This law applies to
everything from peanuts to
elephants. If, for example, there
is a large supply of elephants
but very few people want
elephants, then the price of
elephants is going to be very
low--and vice versa.
Mr. Stein was also correct in
stating that if another five or ten
billion dollars were to be put
into the hands of the public
through tax cuts, then inflation-
ary trends would increase.
What Mr. Stein did not say,
however, (because he was not
asked?) is that the greatest
cause of inflation is not the
public but the government.
In the fiscal years 1970 to
1975, the Federal Government
will have spent $133 billion
more than it took in-not just
five or ten billion a year, but
well over $20 billion a year in
“phony money”; borrowed
Uneven Justice
Two areas near the Nation's
Capital have been having labor
trouble recently with municipal
employees. including their
police forces. In each case the
enforcement officers are taking
opposite directions to express
their disfavor with their pay.
Baltimore was tied up with a
sanitation workers strike, ruled
illegal by the courts. The police
got into the act by handing out
tickets for every conceivable
violation in order to harass the
citizens. Some of the police
themselves participated in an
illegal strike.
Regardless of which tactic
wins, they are both wrong.
Our country is based upon a
government of laws and not
men. In order to hand out fair
justice to all, the laws of the
land must be enforced without
deviation. Neither the police in
Baltimore nor those in Arlington
have the right to decide how
they shall carry out theii duties.
Each took an oath to uphold the
Constitution and the laws of his
jurisdiction when he was hired
for his job.
So, too, many noisy un-
believers have tried to destroy
the Bible, but all in vain. It
had weathered all the storms
of hate. It has triumphed over
all the attacks of infidelity.
It has outlived, outranked and
outblessed all other books.
Psalm 119:89 declares, “For
ever, O Lord, Thy Word is
settled in heaven.”
What the Lord has ordained
as law will always be law.
What He has declared to be
true will always be true. What
He has promised will be per-
formed.
The Bible presents the only
accurate history of the world,
and it writes of the future
more perfectly than any hook
of history writes of the past.
The Bible is the only Book
which can transmute sin into
righteousness and transform
a sinner into a saint.
CROSSWORD PUZZU
Thursday, August 1,
PAGE 3
TODAY'S ANSWER
1 11 M in
COURTHOUSE SQUARES
In Arlington County, Virginia,
the police have been protesting
lack of a pay raise by handing
out warning notices instead of
tickets for traffic violations.
Baltimore police apparently
thought that public anger would
bring their pay raise. On the
other hand, the Arlington police
courted the favor of the citizens
in order to get their pay
increased.
We have no sympathy for any
government official who does
not carry out his duty honestly
as long as he is employed. We
do not believe it is lawful fer
those who are selected to
enforce the laws to bend them to
their own personal uses.
Americans depend upon their
law enforcement officers to
protect this country against
crime and anarchy. We urge
that in these two cases, and any
others like them, that the police
get back in harness or quit.
MINDING YOUR
OWN BUSINESS
IS ONE OF THE
BEST WAYS TO
ACHIEVE SUCCESS.
tl
SlsW
Lr 31,
-• 2 .
Taxpayers Ask IRS
y. ::•••
I his column of questions and answers on federal
tax matters is provided by the local office of the U. S.
Internal Revenue Service and is published as a public
service to taxpayers. The column answers questions
most frequently asked by taxpayers.
Q. I’ll probably sell my home
at a profit and have to report
it as a capital gain. Is there
any way I can reduce the
amount subject to tax by hav-
ing the buyer pay me in in-
stallments?
j nient and Deferred-Payment
Sales.” It’s available free from
your IRS office.
PISCES Your thoughts will shift to affairs of the heart
Feb. 19 ■ Mar. 20Tf>o much time, according to your chart, will
be spent on the opposite sex
A. Yes. The installment meth-
od may be used for reporting
profits on the sale of real
estate when the buyer agrees
to make two or more payments
in two or more of the seller’s
lax years. The installment
method may not be used if the
collections, if any, in the year
of sale exceed 30 percent of
the selling price. However, a
sale may he reported on the in-
stallment method even though
no payments arc made in th,-
year of sale.
For more information, see
IRS Publication 537, ‘‘Fnstall-
(}. On my doctor’s advice, I in-
stalled an air-conditioner in
my room to relieve difficulty in
breathing due to an allergy. Is
the cost of the air-conditioner
a deductible medical expense?
f:- V\
SV \
ACROSS
1. Counter
sign
5. Celebra-
tion
10. European
river
11. Treasurer
12. Crime
against
the
throne
(2 wds.)
14. Of the
ear
15. Nautical
direction
18. Reveal
22. Lacking
princi-
ples
23. Caviar
source
24. Betray
(hyph.
wd.)
27. Alder
tree
(Scot.) .
28. Lecturer’”
displays
29. Ancient
Persian
31. Frolic
32. Shred
34. See 12
Across
(2 wds )
41. Prospec-
tive
citizens
42. —
3. French
article
4. Before
5. Japan's
highest
mountain
ti. I pl ight
7. Simpleton
8. Perched
9. Give it a
whirl
11. Old
soldier's
mementos
(2 wds.)
13. Virtuous
15. Love in
Leghorn
16. Poet,
Ezra
17. Eye
19. Wear
O ~l 0,N
N O S V 3 Bi HO
a'v'3'j.ll
|aTdVO|3Q3W
^■nVv
S 3 a I Tg,
s.spaoa Tsnpa
■3ToJaBlfiV bow
~f~Ul iBiaodV
AG
_,0 I 10_
A 1 ,s 3 r VW3S.31
av'sa'nJpj'B'a'o
1 1 1 Ml 1 11
away
20. Hard luck
guy
21. Minus
MM, ~~~~~
Bede”
25. Irish
county
in
Munster
26. Sunder
30. Anes-
thetic
33. Sicilian
volcano
34. Suffers
from
35. Labor
union
36. Key of II
Medit
(abbr.) |
37. Ques
and —I
38. Drunkaf
39. Sound
from i
corrida |
40. Imme-
diately I
PHA
How long ha
I physical che
your doctor
Itions rcgardL
(feel! We’d als<
_
con-
tendere
43. Native-
born
Israeli
44. Fret
DOWN
1 Musical
note
2. “Artie”
author
15
.......... ..
.....;
• vy/yy/y/
......
i3
MILLER
25 26
your de;
dial 395-2
my son as a dependent whether
I paid his college tuition or he
did?
A. Yes. The cost of the air-
conditioner plus operating ex-
penses less any resale or sal-
vage value constitute a medical
expense provided that the need
for it is substantiated by proof
that the air conditioner is used
primarily for the alleviation
of a person’s illness, it does
not become a permanent part
of the dwelling and it may be
removed to other quarters.
A. 't es. Tuition payments are
included in total support for
determining whether or not
you furnished more than half
and are thus entitled to claim
your son as a dependent. If
your son pays the tuition, it
is included in the amount of
total support furnished by
him; if you pay it, the tuition
payments are included in total
support furnished by you.
(). Is it true that a student can
be exempt from income tax
withholding?
(). Would it make any differ-
ence for purposes of claiming
A. Yes. Students and other in-
dividuals are exempt from
withholding if they did not
owe tax last year, expect to
ewe none in 1971, and have
filed a W ithholding Exemption
Certificate (Form W IE) with
theii- employer.
However, if tax has already
been withheld this year, the
taxpayer must file a return
next year to have it refunded.
HOW TO APPEAL
YOUR TAX AUDIT
The IRS agent has gone over
your tax return thoroughly
You have provided all the rec-
ords available to answer his
questions. Some matters have
been discussed and resolved,
but others still remain unre-
solved.
The agent now completing
his work papers before your
eyes tells you he hasn’t found
justification in your records
or your comments to allow
some items claimed on your
return under the law. There-
fore, he will write up a pro-
posed adjustment to the tax
due, and you will have 30 days
from the time you receive no-
tice of these proposed changes
to determine whether you want
to appeal and if you do, which
appeal route to take.
You may not realize it at
the moment, but if you choose
to appeal the agent’s findings
in the audit, the procedures
open to you have been simpl,
fled where the amount of tax
in dispute is $2,500 or less
Both the IRS nnd the Tax
Court have made special pro-
visions for these smaller tax
cases to allow citizens to pre-
sent their position properly
without unnecessary difficulty.
In the administrative ap-
peals of the IRS, for* example,
the taxpayer with $2,500 or
ess in dispute may go through
two levels seeking a mutual
agreement without having to
make a written protest.
The levels are a District con-
erence and a conference with
ms
„Jf’ at ,the er)4 of your IRS
e audit, you disagree with
the proposed adjustments of
the examining officer, you may
'quest an immediate confer-
enee with the examiner’s supe -
SV"d I' " “ r—M,.y„u
w il have an opportunity to
lnd theer th° fHCts’ th« 1-w.
Jou refyarfUmentS U»0" -hich
eonf,rnVPr' ‘f an imm«'diate
vou Tir Cannot b“ arranged,
Will receive a copy of ,he
wiU"Wt alony
lp!,iw
«£5? either ’ren""" h*V'
arm re, r, llrur represent or
„r thePa?y y?U at th«‘ District
Such r, n Pr,PllHt' cnnferences.
representation may come
f rom
any attorney, cfrt'"
public accountant, or indb’1
enrolled to practice before
IRS. These persons may"P"
sent you in your absence at
or all of the meetings m
appeals process. a
Both levels of appeal
the IRS offer the opporU"'1
resolution of the
agreement to he reached •
98 per cent of all cases
through this process
tied by mutual agreemen
Taxpayers who do n«
solve the dispute at the
late conference or who 0
IH
10MES »
fOR SALI
Need M01
request such a conference1
petition the U.S. T*x
provisions
Here again v-----
made for smaller tax » 1
in dispute, although
~~ As Well £
inches in th
^reat County!!
111 uis|iubC| «— -
amount must be $1,500 °r 1
for one to he eligible 0 1
ior one to ne enA"'- ...
special Tax Court proWJJJ,
I have calls ne
f()r them.
Additionally, at any
the appeals process V1" £.
pay the tax proposed
fay tilt* ‘ a * F'-r
examiner and then file *
for a refund. If tha- • ,
disallowed by the 1KS
acted on within »ix m
you will then have the r
tunity to file a suit in
i\. rt nr in tne
Raybur
PARIS,
District Court or
of Claims.
COOPE
If you i
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Cooper Review (Cooper, Tex.), Vol. 95, No. 31, Ed. 1 Thursday, August 1, 1974, newspaper, August 1, 1974; Cooper, Texas. (https://texashistory.unt.edu/ark:/67531/metapth984313/m1/2/: accessed June 5, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Delta County Public Library.