OCR Text |
Show FRIDAY, FEBRUARY 27, 1970 Page Eight Four U. Grads, To PTA President Tells Non-Alum- ni Four University of Utah grad- uates and one non-aluwill be honored with Distinguished Alumnus Awards and the Honorary Alumni Award respectively,, during the institutions annual Founders day banquet. The ' banquet honoring the 120th anniversary of the founding of the University will begin at 7:30 p.m. on Friday evening, February 27th. The program will be held in the Union building on campus following a reception in the new Panorama Room in the same building. The family of David Oman McKay will receive a Posthumous Award in the name of their late father. The Awards Committee of the Alumni Association planned to present this Special Distinguished Alumnus Award prior to President McKays passing. This is a one time award. Dr. Burtis R. Evans, president of the association made the announcement regarding the winners. They are: DISTINGUISHED ALUMNUS m Revolt by Youth We are witnesses to an unRoland V. Wise, District Di- are over and above normal livprecedented revolt of youth a ation. revolt that is almost worldwide, rector, Utah Internal Revenue ing expenses. Selection of the award win- says Mrs. Leon S. Price, Nation- Service, stated today that reGains from sales made by a ners is made by members of the al PTA tax of individual returns current ceipts after July 25, 1969, of the in taxpayer Awards Committee. They are: issue of president, are down 9 pet. from last year. collections of letters and docuThe PTA Magazine. Mrs. Allan M. Lipman (Marion) 8.1 million Federal income ments that were created by or the PTAs 10,000,-00- 0 Only Chairman - Alonzo Watson Sr. -- Reminding tax return had been filed by for him will be taxed as ordimembers that February is Emanuel Floor - Paul W. Hod-so- n on a national basis. nary income rather than capital the month in which local units - Graham W. Doxey. to be Many taxpayers appear The seceltion of the Disting- across the nation observe the needlessly delaying their re- gains. Sales of real property and casparent-teachuished Alumni is based on ser- founding of the funds for additional ual sales of personal property by waiting vice to the nation, the Univer- organization, Mrs. Price recalls instructions on the new tax law. made after May 27, 1969, for a that are sity, the community or their PTA responsibilities Most of the made more of the than $1000 are changes by price as relevant today they were Tax Reform Act of 1969 profession. The Honorary Award as to to relate new rules in cases subject years ago, when 1970 and later is presented to a person who has seventy-thre- e and affect when the seller his President of the Alumni Associ- mid-Februa- ry, er not attended the University; but who has contributed significantly to the advancement of the University with his time, talent, money, or any combination of the three. The Founders Day program is under the direction of the Alumni Relations Committee. Members are: Mrs. Stephen B. Nebeker, Mr. Rex W. Williams, Jr., Mrs. Donald A. Mackey, Hugh W. Pinnock, Harold Woolley, Robert G. Love. Reservations for the banquet and AWARD WINNERS reception may be made by the Alumni office at Mary E. Caffey, Assistant calling Principal East High School, in charge of Curriculum, Supervisor of Foreign Languages. John Utah Uranium Firm Goodale Hall, President, The Anaconda Company. Gerald G. Reports Ore Discovery Long-hol- e drilling in the Probst, Vice President and GenMonte Cristo AC UN IV eral Manager of the Corporation propData Processing Division. John erties near Moab, Utah, has disuranium ore M. Wallace, Banker Financier, closed high-gra- de Comto Richard Walker Bank and Trust bodies, according president of the firm. pany. Monte Cristo is drilling long HONORARY holes in areas where commercial ALUMNI AWARD Harold O. Molitor, President grade uraium had previously been discovered and mined. Continental Agency Company. Recent drillings have revealed SPECIAL DISTINGUISHED high-graAWARD ALUMNUS deposits ranging from President David Oman McKay, 20 hundredths to 1.90 per cent U308. The ore bodies discovered Posthumous. the will Evans Dr. present during the recent drilling have Awards been significant in size, but the Distinguished Alumni and James R. (Bud) Jack, Direc- full extent has not been outlined tor of Athletics at the U. of U. as yet. The drilling operations will present the Honorary will continue for some time, acAward. They will be assisted by cording to Mr. Minasian. Mis. Stephen B. Nebeker, Vice While Monte Cristo was planning to begin actual mining of its properties later this month, underground probing operations C. Clark Ronnow may delay the mining start until Post March, according to Mr. MinaResigns sian. When mining does begin, With S. L. County the firm will employ up to 15 persons. (Continued from page 1) The firm has a contract with also urged county commission- Atlas Minterals uranium plant ers to suspend Jim P. Hansen, in Moab for delivery of uranium director of the Model Cities pro- ores. In other developments, the gram. He is under indictment by the Salt Lake County 1969 grand firm has filed with the Utah Office for jury for allegedly demanding or State Engineers water of for use in receiving a bribe. In Ronnows letter of resigna- solution mining of potash on the potash properties in the same tion, he explained: I sincerely believe that the area. Monte Cristos potash prop-tie- s the known to contain one of action I took to bring to light the largest deposits in the Unitthe need for improved fiscal coned States. trol in Salt Lake County was proper. However, it is not fair to have National Wildlife my family and friends harmed Week Scheduled. any more by the particular pot The annual observance of Nashots aimed at me by a few potional Wildlife Week, March litical personalities. will focus on the importance Leon A. Halgren, chief deputy Salt Lake County attorney, of wildlife as a measure of ensaid that six checks between vironmental quality. June and October made out to National Wildlife Week is cash, had been drawn upon sponsored by the National Wildfunds entrusted to Ronnow in life Federation in an attempt to the account of the Extended Care motivate people into taking stock Center. The checks totaled $11,-60- of their world. The same barThe money was later re- rage of pollution, carelessness, filth, and destruction that threatplaced by cashiers checks. has ens the animal world is threatenRonnows explanation been that he was using this ing us. Alfred Paterson of the Salt method of handling finances to of Lake disclose that the procedures County Fish and Game Asthe county auditing department sociation is the state chairman for Wildlife Week in Utah. were not effective. 322-699- 5. Mi-nasia- n, de five-second-f- eet 15-2- 1, 0. Few Tax Law Changes Affect 1969 Returns' Director Says Of Worldwide Get Distinguished Awards THE SALT LAKE TIMES the National Congress came into being. Among the leading protests of y their time, Alice McLellan and Phoebe Apperson Hearst Bir-ne- years, only a small percentage of individual income tax returns for 1969, Mr. Wise said. Changes affecting returns for 1969 that must be filed by April 15 involve living expenses paid by insurance as a result of home damage or destruction; also of collections of letters, memos, etc.; gains from certain installment sales; depreciation and an d investment amortization; credit. Under the new law, a taxpayer whose home is damaged by storm, fire or other casualty does not have to pay tax on the insurance proceeds he receives for temporary living expenses. The amount not subject to tax is limited to actual expenses that brought a group of people together on February 17, 1897, in Washington, D. C. A small, but influential group, they joined forces to protest conditions which have a painfully current ring poverty, hunger, disease, illiteracy, and inequality of opportunity. This protest, though unmarked by noise and violence, became one of the most successful efforts of all time. Not only were children freed from child labor and other forms of exploitation and oppression, but there was a beginning of an awareness of childrens needs and an understanding of individual differences. Mrs. Price points to the 60s as a decade of both the revolt of youth and of slackening adult authority and responsibility. She readily admits that many of Senator Frank E. Moss, are justified has told the Internal Revyouths grievances that many adults have failed enue Service that, judging from to discharge their responsibili- the mail he is receiving, they ties. should take another look at their Mut its too easy to blame the new tax forms. During the past few weeks, generation gap, she points out. Mrs. Price says there has always I have received an inordinate been a gap between youth and amount of mail from my constitadults, with youth always striv- uents complaining about the complexity of the new Tax Form ing to do their own thing. The National PTA believes 1040, Senator Moss said in a now is the time to draw letter to IRS Commissioner Ranthe young across real or imag- dolph Thrower. Many of the complaints apinary gaps to join adults in a common endeavor for the com- pear to be from middle and lower income people' who state that, mon good. had little or no trouwhile If we elicit youths help in ble they last years simple, filing changing what is to what ought short card Form 1040A, they to be, then we can move beyond cannot the complexalienation and confrontation into ities of comprehend form. current the the cooperative making of a This has forced many of them vision of what ought to be, and to seek outside from private into the cooperative action to tax services forhelp which they are bring it about, she says. charged between $5 and $10 for Mrs. an such effort, Through a simple return. Price believes, the parent-teachSenator Moss cited a recent movement can become a movement . . . and the consequences can be historic. reports gain in installments extending over two or more years. The investment credit in most cases ended April 18, 1969, the IRS said. However, the investment credit is available for property bought, built, or rebuilt under a binding contract entered into before April 19, 1969, or in certain other transitional situations. The use of accelerated depreciation of real property acquired after July 24, 1969, has been limwrite-of- f ited, but a of air or water pollution control facilities has been added for 1969 60-mon- th returns. Taxpayers can get thir refunds faster by filing now, before the rush, Mr. Wise said.. last-minu- te Moss Asks IRS Second Look At 'Complicated' Tax Forms D-Ut- ah, . er parent-teacher-stude- nt Highway Litter Survey Charted In order to obtain objective information about the composition and nature of the litter on the nations highways, Keep America Beautiful, Inc., commissioned the Highway Research Board of the National Academy of Sciences to conduct a survey on this subject. state highway Twenty-nin- e departments cooperated in the project, which found that paper items accounted for 59 pet. of all roadside little; cans, 16 pet.; plastics, 6 pet.; bottles and jars, 6 pet., and miscellaneous items, ranging from hair curlers to washing machines, 13 pet. It was estimated that, on the average, approximately one cubic per yard of litter accumulated of mile each on highway. month Wall Street Journal article quoting an official of a tax service firm as saying that his business will really boom this year be-- , cause of the new forms. VI am interested in knowing whether the introduction of these new forms actually resulted in the reduction of any costs or whether, in fact, the new tax package actually cost more to Senator print and distribute, Moss said. He suggested that the IRS consider an survey in the future to evaluate the effectiveness of the forms they consider using. I am sure you will agree with me that it is essential that the American people continue to believe in the integrity of their tax system. In my judgment, nothing could shake their belief more than making the system complex so as to put it beyond the comprehension of the average indi- vidual, he said. in-dep- th . State Spending To Increase $17.9 Million During Year (Continued from page 1) 1970 legislative session followed closely the budget recommendations of the Governor. The Legislature trimmed the Governors general fund budget by less than $2 million, an overall reduction of ony 1.5 pet. Total cost of the school program approved by the Legislature is only $432,000 (or 0.4 pet.) below the Governors recommendation, when cost is computed on the same basis. After legislative adjustments, the state appropriations for regular general fund activities in 1970-7- 1 are $10.4 million, or 12.5 pet., higher than the amount appropriated for these functions in 1969-7By comparison, the Utah study notes that the 19691969-70 Legislature raised the budget for regular general fund 0. activities by $9.6 million, or 13.0' pet., above the 1968-6- 9 level. Final cost of the school aid proas determined' gram for 1970-7by the Legislature, will' be approximately $6.2 million higher than the 1969-7- 0 program cost. the Last year, legislature provided for an increased school program that boosted state expenditures for schools by $15.3 mil1, lion. The 1970 budget session also appropriated $5,127,473'for state building purposes, the Foundation study notes. In addition to this regular building appropriation, the Legislature provided that up to $2,957,000 in added building projects will be funded if there are sufficient revenues available at the close of the present (169-7fiscal year. 0) |