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Show U.S. Steel Reports Savings Noted By General Services Production General Services Administration reported to Congress that it United States Steel Corpor- is doing better and better in its ation, in its Annual Report lor job as housekeeper for the Fed1954 released today, records a 21 eral Government. In 1953, GSA percent decline in ingot produc- effected savings and economies g tion for that year from the totaling $130.6 million. Last year 12 1953 a with of level rec1954 it achieved per cent drop in income dollars. ord savings of $147.6 million. Maintenance of a relatively The Government Printing Ofthe states, report fice has sent to the Treasury Dehigh income, partly was due to: 1 Termina- partment a check for $3 million, tion of the excess profits tax, 2 representing a voluntary reducmore efficient facilities ($2.5 bil- tion in capitaliation. The Public lion spent since 1945) and, 3 the Printer said that improved proceorderly manner in which man- dures and reductions in charges agement anticipated and carried made the cash return to the treasout plans for meeting a year of urys general fund possible. Consolidation of 5 finance ofadjustment. fices in the Farmers Home AdSales in the year were $3,250.4 ministration saved $1 million in million, or a 6 per cent return on sales, according to the report. A breakdown shows that receipts from customers were $6.66 per manhour, with employment costs running $2.84 and the costs of Up products and services purchased record-breakin- all-ti- $2.32. Stockholders received xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx Economic Planing -- Drop at March 22. 1955 The Western Mineral Survey. Sail Lake City PAGE EIGHT me Internal Revenue For Sets Catching Evaders in dividends 23 cents p'er employee manhour, while 17 cents Since the Internal Revenue of the $6.66 received from cus- completed its reorganization eight tomers per manhour was reinvest months ago, it is catching up with ed in the business. more tax evaders and scrutinizmore returns, according to During the year U. S. Steel ing Commissioner T. Coleman Anspent $227.4 for modernization drews. and additions to its facilities, another in the long list making a total of $2.5 billion for of Citing Eisenhower Administration such ependitures since the end Andrews achievements, reported of World War 11, the report discloses. As of December 31, that in the last six months of to 1954, his auditors inspected 10 1954, the amount required cent more returns than in the complete all replacements and per additions authorized was esti- comparable period of 1953. Additional taxes thereby promated at $360 million, compared duced with $327 million for the corre- crease rose to $644 million, an inof $120 million over the sponding date a year earlier. comparable 1953 period. More If industrys high rate of capi- than $40 million worth of imtal expenditures for facilities is proper claims were weeded out to continue to contribute to a last year, Andrews said, and evaders were successfully high level of employment, the must be a prosecuted in calendar 1954, a 27 report notes, there of de- per cent increase over the previthoughtful preciation allowances under the ous rear. present tax laws. Continuance of present tax policies in respect Your Slip is Showing to wear and exhaustion of equipment automatically guarantees THE BUDGET of the U. S. something of a future crisis, ac- Government for Fiscal Year 1956 cording to the report. It is noted carries a table of Administration that the steel, cement and rail- recommendations for appropriaroad industries, where large tions and other new authority to amounts of capital have to be incur obligations. The table tells facili- us that in Fiscal 1952 the figure spent in costly, long-terwas $91.4 million, in Fiscal 1953 ties, may be seriously handicapped when the present amounts of $57.3 million and for the next accelerated amortization of facil- year $58.6 million. ities certified as essential to naIf true, quiet a relief for the tional defense expire. taxpayer! 1,-4- YOUR "LUCKY" GUEST COLUMNIST THE FEDERAL Appelate Court has ruled that a North Carolina farmer must pay the government $11,715 in penalties for growing tobacco in excess of his 150-51-52-- 53 allotments. FROM THE AP, 9, 1955. February The state Office of Milk Industry has fined two Newark milk dealers a total of $40,000 for selling milk to stores at prices below those set by the agency. Only five days ago, a Jersey City concern received a $14,000 fine for a similar offence. The New York Times, February 9, 1955. I feel the residents of the project need someone to take care of them. AP, February 9, 1955. (Comment of administrator of Federal Housing project in hopewell, Va., after he had gotten into a hassle over his order to prohibit alcoholic consumption,' keeping of dogs, or using lights larger than 60 watts. The drinking, he said, was both illegal and immoral.) XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX Pan-Americ- an 11-m- an 1902, without a single substitution. Or about Rocky Marciano for having only two gloved hands. to spread-eagl- e the 'Depth is not required field in the cinderpath events featuring the at Mexico City. big Western Hemisphere games All we need is class, and we have enough of that to win all but about three of the 22 events on. the schedule of events for men. Brazil appears to be an absolute certainty to win the hop, with one Jump, Argentina dominates the marathon step at ran second man who the former Olympic champion, plus Helsinki. Chile seems best in the 10,000 meters. The United States appears to have 11 events in the bag namely the 400 meters, 800 meters, high hurdles, pole vault. ball game, in of society to the probable. Its value is well-knoas a means of avoiding or mitigating catastrophies, equalizing fight for the Lucky Lager Sport Time highlights the Songkitrat-Madworld's bantamwsight crown during the week of March 13. Program timesi (8) ALBUQUERQUE KGGM-T(13) Fri., 7i00 p.m. . . . LAS VEGAS KLAS-TKTTV (11) Wednesday, 7s30 p.m.... ANGELES 7i30 ...LOS p.m. Thursday, PHOENIX KVAR (12) Thursday, 930 p.m. ...SALT LAKE CITY KUTV (2) KVRC-T(6) Thursday, 8.00 p.m. Wednesday, 7 p.m.... SAN LUIS OBISPO . TUCSON KVOA (4) Thursday, 9i30 p.m. ent as wn V V prices, and providing for periods V of want. It is true that the success of the strong induces imitation by the weak, and that incompetent persons bring themselves to ruin by undertaking to speculate in their turn. But legislatures and courts generally have recognized that the natural evolutions of a complex society are to be touched only with a very cautious hand ... . Mr. Justice Holmes, United States Supreme Court. May 8. 1905. . . shot put, discus, javelin, hammer, decathlon and both the 400 and 1600 meter relays. are the Open to contention, but with U.S. athletes400favored, metor hurdles, 5000 1500 meters, and 100, 200, steeplechase, broad Jump and high Jump. Four truly great athletes of world renown oppose our men at Mexico City. Foremost among these is Adhemar F. da Silva, champion and former world record Olympic 53 ft. 2 in. last year. Reinaldo Gomo, twice hit holder, who second in the Helsinki marathon at 2:25:35. and Delfo Cabrera, 1948 Olympic champion, give Argentina tremendous strength in this event, even though in John J. Kelley, at 2:28:51 our fastest marathoner, wdre more strongly represented than nsuaL The fourth great athlete we meet, Jose Telles da Conceicao of Brazil, is the most versatile. This athlete placed third in the '52 Olympic high Jump. He runs 103 meters in 10.5s, has tied the South American record of 21.2s for 200 meters around a turn and has broad Jumped 24 ft. 3 in. Da Conceicao might prove a formidable qp- Rev. Robert Richards and Rafer Sionent for in the decathlon, but Brazil reports he will compete only hi the 200 meters, high and broad jumps. The Brazilian last year was only 24 points behind Bob Mathias' score at for the first five events, but fell down badly in the technical events held the following day. U.S. team members are largely stickouts in such events as seven of eight runs (including the steeplechase), hurdles and practically all of the field events. So if we can win 18 or 19 first places, who needs depth? hop-step-lum- all-tim- 17 Duffins Ice Cream and Candies 2 LOCATIONS p e Hel-sin- 1057 East 9th South 1311 South 21st East m kl RimmmmMAws RIGHT-TO-WOR- ( U.S. AVERAGES STATES K Change, 1947-195- 3) ( Change, 1947-195- 3) NON-AGRICULTUR- AL EMPLOYMENT 21 INCREASE 14 INCREASE 24 INCREASE 15 INCREASE NO. OF BUSINESS ESTABLISHMENTS (1947-195- 4) WAGES & SALARIES UP UP 59 69 MAN-DAY- S IDLE (Work-Stoppage- s) DOWN 33 Baitd wi data from Saviwi new fporti Pan-Americ- an Speculation SPECULATION ... IS THE half-adjustm- NOTE: Max Stiles, who'a been writing (EDITOR'S score of years, dlocuaoeo some of his favorite for more then and weight men who make up track athletes the runners, Jumpers Games.) and held event. and the 1UL chances in the Soon after the United States track and field team for the Games was chosen Brutus Hamilton, head coach of our teams that conquered the Russians and other competing nations in the 1952 Olympics at Helsinki, appraised the squad as being excellent in class but lacking in depth. You might have said the same thing about Fielding H. team that went all the way Yost's Tournament of Roses footfirst the through II atatas which have had HghMowork laws itnea DOWN 1947. UJ. Papt. of Common U.S. Dept, of labor. Notional AModatiM of Manufoctiwm 18 |