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Show V ."Tg" SUNDAY HEftALD- - 9 WU .wHNWwwwttW(iwWMWmHi iXc Mi m. iwi Ill nil' hiii ww "fMi " .wMUMvw.i,,,., in "rf"ywnnn-nnoMM.- Groat S4g IXTcrao - U,. - - ' ; t - . '...--'-.- , ? :t .-:- - ' . I V'ljlJu(0)lj) t .... Ij'illJXKOXllCi C Sq. Yd. ...wwww " V. .:. .'' J i(f.,v, . 9, 12, , lf ' : f i '. -- V.' - - . i -- - : r - " 0PEM - w . :.." - 3-pl- AA0NDAY l JFr AND FRIDAY -- .TILL f ." -- . ' 9 pm. " '; , ' i a - t - L I o: The Floor g House (UPI) to want change the Republicans ' .meaning of the national debt lim-- f i it, not the limit itself, so the gov-eminent can continue to pay its v. Mis. The legislative bombshell was a GOP plan l convert the legal lim now $305 f it oa the national debt billioninto an "effective check on ? deficit spending. - The new definition of the debt limit, if enacted, would postpone for nearly, four months any need - for raising the actual limit. " The proposal, put forth Friday, had such, strong appeal for Democrats that they cancelled a plan to push a debt limit the House Ways "Means. Committee '"immediately. ' Committee Chairman Wilbur D. said -- he wanted to Mills, give Treasury Secretary Douglas l Dillon time to determine whether the GOP plan is acceptable to - " " . hika-throug- D-Ar- k., the Treasury. Dillon was on hand when Eep. advanced John W. Bryens, the surprise GOP proposal at a R-Wi- s., closed meeting of the committee. The secretary raised no immediate objections. Under Byrnes' plan the Treasury when computing the debt subject to the legal limit,, would deduct from the actual debt the cash balances it has on hand. The ' debt now totals more than $303 billion, pressing close to the temporary legal limit of $305 billion. According to Dillon's projections, the debt , would rise above that ceiling in the first week of June unless new legislation is en- ' - . f - Spruce Green Shell Brown Solid Beige Beige Tweed , ! Gray, Black, Ivory Tweed old GOP Would Change-MeaninOf National Debt Limit WASHINGTON .7 ay Beige, Brown Ivory Tweed a. , r ' w 1 Martin Alvarez MIRACLE IN MEXICO Sleeping soundly but alive is Mrs. Maria Alvarez de Rb'sita, certified as dead by Dr. Orlando de Hoyas-Garzone she took last look before burial. de Rosita discovered her baby was alive when ' ... (Herald-UP- I Telephoto). 16-day-- Back binds tufis firmly in placo . . your assur- Tightly-wove- n ance of rugged lasting durability. o Heavy yarns are spun from the choicest wools for resilient wear and lasting, lustrous appearance. Completely mothproofed. YouH have no worry about dam-age by insects, no need for costly treating at home. 1 J! " widths'. 15-f- t. " o ; W(ri)) U(0)l . f :, (f-jT(-T- Vinyl Asbe 0 S that Takes and Holds a Shino s A Regular 12c Each Sx9-iric- h Tiles Thus the Treasury could market its bonds whenever the market conditions were attractive with out regard to the debt limit, since the increase in the actual debt would be exactly offset by the increase in the cash on hand. J Airline Reports On Its Earnings N0 MONEY I DOHVN Distinctively different! Ileal vinyl chips and metallic flecks embedded in every tilt and factory waxed luster actually Increases with careful maintenancs Colors so all th way through can't wear out or fade away. Choict of S BEVERLY HILLS, Calif. (UPI) Airlines officials said The Treasury now has about $5 the company's first-quabillion jn cash on hand, however. Thursday ter earnings came to $1,743,000, UndeV Byrnes' proposed definior $1.22 per share. tion, the present debt subject to President Terrell C. Drinkwater. legal limitation would drop to rat with last year's the compared slightly more than $298 billion. The same period whicjh was $1,069,000, $5 billion in cash would be sub75 cents a share. He said this tracted from the current outstandearnings were derived en ing ;debt of slightly more than year's from operations while those tirely $303; billion. included last $190,000 from year Byrnes told a newsman that this sale of surplus aircraft. approach would enable Congress to fix f the debt limit at a level that on spendwould put a check-rei- n Ceramic tile is available in both the with without ing interfering square and cushion (rounded) Treasury's borrowing operations. edges as well as in 250 sizes. Pre-buff- acted. r- -- High-Glos- es IE ed no mo;:ey dovii ea Itirt Zu7 P trisect Fits 12 AND 15 FT. WIDTHS RIG WAR 8.93 r -- t . " AOT ?VlM Ys? 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