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Show THE LEADER. Tremonton, Utah Thursday. April 4. 1957 INCOME TAX THE DRIVER'S Babson's Authentic Statement SEAT fro By PETER JAMES WIKEL Certified Public Accountant Here are some suggestions Making A that will help the Internal Revenue Service in processing your Babson Park, Mass., Mar. 28. selling due to a stock split at an return. Ninety per cent of investments equivalent of 165, sold for 9 Have you ever been in a serUncle Sam takes in over 55 are made "haphazardly. Some- during the thirties. Texas Com times they are made on the ad- pany stock, now selling at an ious automobile accident? Do million income tax returns each year. That is vice of employees of brokerage equivalent of 248, then sold at you know what the few seconds train firms. It, however, will usually 10. Deere & Company, now between joyful motoring and IT&a"7! several J 3 loads of pieces ' be found that these men have selling at an equivalent of 180, tragedy are like? y of paper and it If you haven't, perhaps you been unable to make and keep then sold at 4. Du Pont, now is hard to un selling at an equivalent of 720, would like to prepare yourself any money for themselves. derstand how IMPORTANCE OF PATIENCE, then sold at 22. General Motors, and your family for the now selling at an equivalent of the Revenue HOPE, AND DESIRE TO possibility of a highway 240, then sold at 8; while Radio accident. Although Service does as RENDER SERVICE it is not good a job as it The selfish, shortsighted per- Corporation, now selling at 33, intended to be a report of any does considering one accident, the following acson seldom makes much money then sold at 3. METHOD NO. 2 BUYING the sheer vold count is a in the stock market, and keeps INTO NEW INDUSTRIES of Most luck. sheer dramatization of what researchume, the total it only by Howard N. Feist, Jr. of the ers and safety officials believe the real fortunes of today came number, of piec- from the fundamental desire to Business Statistics Organization happens in an automob'J crash. Peter J. Wikel es of P31" " must handle and 9:21 p.m. Frank, 32, is drivrender service and give "for of Wellesley Hills, Mass., has value received" help to: (1) A made an analysis of what could ing. His wife Mary, 30 is sitting the short space of time it must panicky market or (2) a new have been accomplished by in- in the right front seat. His son handle them in. Let's all do all and useful industry. The first vesting only $100 in automobile Carl, 7, is riding in the back of we can to make ttheir job easier for them and maybe we'll cut can be accomplished by anyone stocks in 1915 and then making the family's 1956 sedan. successive switches their expenses and our taxes. with patience and hope; the twenty-tw9:21:01 p.m. The car is travelRemit a separate check with second sometimes fails because into various industries, at the ing north on a state highway at of poor judgment or because one right time. .This results in a most 62 miles an hour and approach- each tax return. If Forms 1040 amazing figure of over two ing an intersection. is too early or too late. are filed or mailed and 1040-E- S Both of the above two meth- billion dollars! Frank says, together, please forward a sepa9:21:02 p.m. As a practical matter, it "Turn on the radio, will you, rate check for each and fasten ods of making money require courage, hope, and patience. It would have been very difficult hon? There's . . . " securely to the face of each retakes courage to sell stocks and to have picked the right groups 9:21:03 p.m. Frank suddenly turn. See that all checks are signed "store up" cash during a bull at the right time; but if you sees a stop sign just ahead of market when most people are chose 90 wrong and only 10 a sign that is amply vis- and payee is District Director of him very optimistic; and it takes right (provided all else was ible in the daytime but not Internal Revenue. In submitting separate returns correct), the $100 could treated to give sufficient warncourage to buy stocks again, one 100 or two years later, when most have resulted in over $200,000,-000- , ing at night. for husband and wife, please do disregarding both taxes and 9:21:05 p.m. He has reacted to not staple together, just attach people are bearish. Furthermore, "Doubting the danger of the stop sign and by clip. the waiting period between these dividends. Any times to sell and buy requires Thomas" may get a copy of this gets his foot on the car brake. Attach securely all schedules patience and hope. However, analysis with list of groups by 9:21:06 p.m. Into the inter- inside the return. Only Forms the person who follows either sending two dollars to the In section and still going more than W-- 2 and check should be attachof the above methods renders formation Center, New Boston, 50 miles an hour, Frank sees a ed to the face of the return. Do an important service; namely, N. H. car speeding toward him from not place remittance under reRESULTS OF turn. his selling helps make the boom the right. CERTAIN TRUSTEES less dangerous, and his buying Your name and home address 9:21:07 p.m. The cars crash I also have a copy of what and Mary screams in must be complete. helps check the panic. For this together service an investor always re- jj. L. Quirin of Elm Street. terror. Carl is thrown from his Space is provided on the inWellesley Hills, Mass., who seat and slammed against the come tax return for the Social ceives a handsome reward. METHOD NO. I SELLING handles Trust Funds (minimum left rear window of the car. Security Number of each spouse. of $50,000) has accomplished Mary frantically puts her arms This should not be overlooked. "HIGH AND BUYING LOW If the taxpayer or wife was It is important that an inves- per $1,000. In 17 years he has out in a defensive act designed tor decide in advance which of turned $1,000 into $7,256 for a to ward off the car crashing 65 years or over at the end of the above two methods he is to local friend of mine. This means into her side of the automobile. the taxable year, make certain follow. It is difficult to mix the an annual rate of interest from Frank is jerked forward from the blocks provided therefor on two methods. If you are to fol- 25 to 40. Of course, he had his driver's seat as his car is line 1, page 1, are checked. low the first, of "selling high the general market in his favor suddenly halted. The names of children entered and buying low," it is usually much of the time; but is is an9:21:09 p.m. Frank's car falls on line 2 should equal the numbest to confine your holdings to other illustration of what in- der is splintered and his face ber entered on the right hand the active popular stocks, per- telligent, supervised investing cut horribly as he is forced margin of line 2. The number of exemptions through the left rear window of haps those known as the "blue can theoretically accomplish. the car. Mary's right side is claimed on line 3, page 1, should chips", while the second method crushed as the other car smashes agree with the number of inoften requires buying stocks of Will new and smaller companies with through the door of her car. dividuals listed on schedule 1, Frank's legs are broken as he page 2. inactive markets. All purchases Blossom continues his forward movement should be confined to listed If you are claiming "Head of Jeri Holmgren, daughter of after the car has stopped. His stocks. In either case, never buy on margin or borrowed money. Mr. and Mrs. Parley Holmgren stomach hits the steering wheel For results with this first meth- of Bear River City is one of the and he suffers severe internal will forever have to move about in a wheel chaij od, under the very best condi- R.O.T.C. Sponsor Corps Drill injuries. Mary will 921:09 p.m. Frank's car falls spend eight weeks in the hostions which no one could team at the USU who will par$100 ticipate in the Cherry Blossom on its left side. Mary is dangl- pital. expect to duplicate could increase to $90,000 in '40 Festival in Washington, D. C. The family's home will be ing across the front seat, Carl The girls have been invited is thrown across the highway, lost in the settlement of costs of years, not considering either taxes or dividends. To show the to march in the parade in the and Frank's left arm is pinned the accident, Frank will never great spread in price of some of national capitol. They will com- beneath the weight of the over- work again, and Mary's role the best single stocks, the fol- pete with other colleges in dif turned car. will be that of remembering 9:22 p.m. Carl is almost dead forever the horrible seconds of lowing figures are most inter- ferent drills. The parade was held Wednesday. and will die before help can the accident that happened one esting: For instance, General ElecThe girls will be gone on their arrive. Frank's left arm will be night on an almost deserted tric, now quoted around 55, but trip back east about twelve days, cut off above the elbow, and he road. Fortune in the Stock Market loonma FAX , ever-prese- nt second-by-secon- o . Communism other southeast Asia areas out of the Communist orbit. And, as Caldwell shows with facts' and figures, we are failing. Here is what his documented report shows for each nation. CAMBODIA: Neutralist government. Forty percent of Chinese population of freedom are losing in Southeast Asia. Nowhere did th? United States or any other nation adequately capitalize on the tragic Hungarian events which for a brief period showed up the Communist cruelty in some of its most horrifying aspects. As they have so often done, the Communists have again outnawitted the tions. John C. Caldwell, one of our best authorities on Asia, has just returned from a third visit in 12 months to Southeast Asia, and has given testimony to the Activities House Committee. The Caldwell testimony will disturb the complacency of any American who reads it. His considered opinion is that the United States and its Bisy jseaqmog 3uiso aae sajne to the Communists. 25 ist Reported Gaining In spite of the psychological blow dealt against world Communism by the Hungarian freedom fighters, all evidence indicates that today the forces Household" status or if you are a surviving widow or widower who qualifies for special tax computation, make certain the block provided therefor is checked on page 1. Attach all forms W-- 2 to the face of the return. If it is absolutely certain you cannot obtain forms W-please attach full explanation. In such instances, if the withholdings are out of proportion to the wages, the processing of the return will be delayed. If any portion of wages is excluded on line 6, page 1, as received under a wage continuation plan for sickness or injury, attach statement showing computation and give full particulars. should .The entry on line 17-be limited to payment on 1955 Declaration of Estimated Tax. Inclusion of other amounts will cause delay in processing the return. Show District Director's Office where payments were made. If deductions are itemized, use the space prbvided therefor on page 2 of the return, if at all possible. If your schedules are used, follow the pattern and order sequence on page 2 of the return. The line "total deductions" should be filled in with the total dollar amount of the deductions. 2, B percent. 300 st. Chinese students sent to Red China in 1956; 34 to Free China. 160 Chinese schools heavily Four of five Chinese d or neutralnewspapers ist bought with gifts of newsprint or bribery of editors. Forty new bookstores opened in last few months, all but one Communist operated. Country flooded with Red Chinese publicamillion doltions. Twenty-tw- o lars economic aid offered by Red China and accepted. 120 Red technicians arriving. NEWSPAPERS PRO-RETHAILAND: Communist Party outlawed; recognizes Nation200 alist China. (However) Chinese schools heavily infiltrated by Communists, and many illegal schools sponsored by Reds. Four of five Chinese newspapers are nearly all 27 newspapers Greatly increased flow of Communist publications. Communists using films for propaganda purposes. KONG: Population HONG swinging to Reds. 600 private Chinese schools, increasing Red circulation infiltration. Big Widenewspapers spread bribery and gifts of newsprint by the Red Chinese. Numerous bookstores selling Communist publications." Reds have bought control of two motion picture studios, control Hong Kong Chamber of Commerce. SINGAPORE: Reds are in control of schools. Two or three major newspapers are Publications from Red China smuggled in from Hong Kong. on Reds have strangle-hollabor. h of MALAYA: Chinese schools Red controlled with influence growing. 1200 students sent to Red China in 1956. Communist publications distributed. pro-Re- D FOUR METHODS Caldwell was' born in China, son of an American missionary. He has spent much of his life in Asia. He has written several notable books on China. On his recent trips to the Orient, he visited Cambodia, Thailand, Laos, Hong Kong, Formosa and other areas. He said the Chinese Communists are using four methods to expand their gains in Southeast Asia education, and, newspapers, publications economic Their penetration. control of the press in the Asia nations is so dominant that dur ing the Hungarian uprising against the Communist masters, "I did not see a single feature front-pag- e story on Hungary", he said, "in any newspaper in southeast Asia." In other words the Communists successfully blacked out the news of what was happening in in an area of southHungary east Asia with a population as large as that of the U.S.A. They flooded these countries with false but beautifully propaganda publications showing a Red China living up to all the lofty promises of a Communist utopia. The countries are just south of China. The United States is spending millions trying to hold Cambodia, Laos, Thailand and the pro-Re- d, n. pro-Re- d. pro-Re- d. d One-fourt- Here Mow I Attend Festival New Lightweight Plastic . i FIRST SECURITY t h e Barfk for E v 9 r y b o d y I How a First Security HOME MODERNIZATION LOAN can save you money 3 ways... V 11 I iry s - 1 Y '""-iN-UA; - pi j f- q I' js. int- f- ' """" - t'",, 000000 y- ffl- r- value . mnts ' ' available - l ....it 1 . nyw... Day- - YOU by avoiding usually repair,, if neglected, 01 develop inw u.5 If you've been wanting to improve and modernize your home, now is the time to do it. 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