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Show THE SALT LAKE TIMES Page Five FRIDAY, AUGUST 18, 1972 Tax Exemption Threat Girl Scout Adult Recruitment Drive Proposed on Bonds The federal register for June Continues to Sept. 1 5 1 contained 1972 Parade of Homes Opens August 19 in Salt Lake Cily proposed regulations of the Treasury dealing with denial of tax exemption on municipal bonds. Some of the regulations are retroactive and under current market practice cannot be complied with by certain bond issuers. The threat of removal of tax exemption on bond by regulations penalizing bondholders and threatening credit of all levels of local government appears ill conceived. The impact on local government can become horrible. It is believed that the proposed Treasury regulations may be designed to reduce and perhaps end the issuance of tax exempt bonds by local government forcing municipalities to .borrow from the Treasury or to issue taxable bonds and apply for an interest rate subsidy to the federal government. The queston will be resolved by political force. The Treasury Department cannot make its proposed regulations binding if the Congress disapproves of Treas- Parade of Homes 72, the 18th show will be the nightly drawannual show sponsored by Home ing of prizes to visitors to the Builders Association of Greater Salt Lake, will open August 19 at 7500 So. Old Wasatch Blvd., (3500 East). The show, which attracts more than 125,000 visitors each year, will run through Labor Day. Hours each week day, except on Wednesday, will be from 5 to 11 p.m. On Saturdays, Sundays and on Labor Day, show hours will be from 11 a.m. to 11 p.m. On Wednesday, the show will be open from 1 p.m. to 11 p.m. The ticket booths will close each evening at 10 p.m. In this years show there will be 15 homes, built by some of the areass finest builders. The show will include many innovations in architectural design, interior design and landscaping, according to Ade Van Os, show chairman. Adjacent to the new homes, the largest circus type tent in the nation will house 80 exhibit booths featuring home related items such as carpets, draperies, appliances, heating and air conditioning and many others. The Utah Stars will man one of the booths with players on hand to meet visitors and sell seasons tickets to upcoming Stars basketball games. Opening ceremonies will be held at 10:30 a.m., Saturday, August 19. Officiating will be Governor Calvin Hampton. A special attraction of the Dont Just Stand There Do Be a Girl Scout Something Volunteer is the special appeal of the 1972 Girl Scout Adult Recruitment Drive beginning Aug. 15 and continuing to Sept. 15. The goal of the Utah Girl Scout Council is to recruit 500 new adult volunteers from the state to make scouting available to 3,000 girls who want to be Girl Scouts, but cannot because of the present lack of adult Mrs. Robert H. Nickerson, president of the Utah Girl Scout Council, in announcing the recruitment drive, stressed the importance of responsible and productive leadership for todays girls who will be tomorrows adults. There are presently 9,898 girls participating in the Girl Scout program in Utah, beginning with the Brownie level and continuing through Junior, Cadette and Senior. According to Mrs. Nickerson, the leaders most valuable ' contribution to Girl Scouting is her willingness to share her time and talent with girls eager for the many opportunities open to them through the scouting program, which includes girls from 7 to 17 years of age. Girl Scoutings contribution to the leader is the satisfaction gained through helping girls to become responsible, involved adults. New leaders will be invested and present leaders rededicated at a candlelight ceremony held simultaneously throughout the Utah Council on Oct. 30. Further information may be obtained by contacting the Girl Scout Council, 2386 East 2760 South, Salt Lake City. show. These prizes will include items such as toasters, hand mixers, hair dryers, blankets, cash and gift certificates. Two grand prizes, 25 inch color TV consoles, will be given away one each on Saturday, Aug. 26 and Saturday, Sept. 2. Each of the 15 homes will be judged by a panel of experts in four categories: best design, best landscaping, best kitchen, and has been reduced from one half best interior decorating. Judging of one per cent to one eighth of will be held August 21 and 22 one percent and the Treasury has with presentation of awards to of on the evening announced the availability of a the winners August 24 at 9 p.m. These exspecial series of obligations for hibits will also be judged for the purchase by state and local govThose ernments with an interest rate best product presentation. awards will be presented and anwhich can be less than that availnounced at the same time as that able on Treasury issues purfor the home awards. chased in the open market. This enable the local government feawill most of One the popular to bond proceeds at no reinvest tures of the show will be the more than Vs selection of the best home and profit. Investnot ment is the principal vote the of best booth by the spread ury The Departments itnerpretation problem. Treasury proposals viewing public. The best home of congressional intent. A battle indirectly regulate the time and award is considered to be the most valued prize by the home to preserve tax exemption must period of construction, the creation of reserve funds, time of builders. This award will be pre- again be renewed. The of the thrust purported bond sale, investment of utility sented Sept. 3 at 9 p.m. is to reduce income etc. The regulations have Treasury regulations Mr. Van Os announced two the reinvestment profit a muni- a potential impact on virtually special nights for the Parade of cipality can make by investing every bond issue sold by stale Homes 72: Aug. 24 will be the bond in taxable obligaproceeds or local government. The greatLIKE MAD 7 Builders Night with home tions. The construcpermissible spread on occurs est 1) impact Get this doctor's formulal builders in the state and their which tion will not be projects wives as special guests. August Zemo speedily stops torment of 31 will be Students Night, the average individual invest- completed until more than three externally caused itching... of of the issuance after the ment $9.40 voyears monthly. topping eczema, minor skin irritations, school with statewide high anto advance insect bites. Desensitizes the the Prior 2) bonds; sturefunding campaign, cational and homemaking nerve Kills millions of surrevenue to endings. amounted investment 3) producing nual issues; dents, technical college students more skin wfth face germs. bortax than $2,894,453 in Savings projects; 4) anticipation and teachers as guests. Zemo Liquid or Ointment. Bonds. rowing. Admission is $1.25 for adults Cure Do Not Excuses and 50c for children 6 to 12 old. Children under 6 will Unemployment years In a statement prepared for be admitted free. delivery on the Senate floor. Senator Frank E. Moss reported Mountain Bells that despite repeated attempts neuPurchase by the Administration to as a Employees tralize the unemployment 1972 campaign issue, there are U.S. Savings Bonds still more than five million unFor the eighth consecutive year employed Americans and thou- Mountain Bell employes in Utah sands of jobless pockets where were cited officially by the Deaveraged national figures do not partment of the Treasury for tell the full story. their outstanding performance The 5.5 per cent unemploy- in the regular, automatic purment figure is a national wide chase of U. S. Savings Bonds by average. It tells nothing of the the payroll savings plan. situation in the poorer sections Thats when low evening Ninety six per cent of the 3710 of the country. employes rates for Long Distance Consider the example of the Mountain Bell Utah end of at the were up signed which Mountain States Region, calls begin. So instead of Bond purchase proincludes my home state of Utah. July forA the Man Treasury Minute This area has consistently suf- gram. waiting until 7:30 or 8 was certificate preaward Flag of rate jobfered from a higher to Vice President General tonight to call the family, lessness than elsewhere. Even sented E. Lattin by the in 1969 when the rest of the na- Manager John why not call earlier? Youll get Wendell Chairman State Utah full employtion was enjoying acthe same bargain prices, and youll probably 4.2 had percent Gile in recognition of the area this ment, also Gile pointed of its labor force out of work. complishment. stand a better chance of catching the Moss said that the most recent out that Utah employees prothe second highest percent folks at home. Remember, low evening rates data available from the Depart-met- n ducedwithin Bell Mountain the of Labor shows the area to age begin at 5 p.m. every weekday. Three the eight state inhave a rate of unemployment operations in termountain region. minutes for just 85$ or less when you dial !:v- considerably higher than a naBond Chairman Gile comtional average. direct, workers who Monday through Friday These facts should be borne mended thein3,565 savthe payroll in mind when wc hear expres- participate anywhere in the country except Alaska investment for regular plan national ings at the sions of euphoria or Hawaii. Low direct-di- al rates apply to period in the Savings indicators. There are many areas each payHe at out that Bonds. pointed te most of the country still in bad shape. calls. in Stock Take state the of Adthe the said that Senator Moss campaign, 3,145 were ministration has used every ex- America Direct-dirates do not apply to coin phones, credit card, the Bond purchase cuse imagineable in an effort to enrolled in hotel-guecollect, calls or to calls charged or 85 per cent of the program, nations hign the to away another number. explain g Where facilities are not total employment, representing direct-dirates available, jobless rate. to operator-handled apply of 420 new particiTwo years ago, the President an increase calls. 311 of those said joblessness was necessary pants. Another enrolled increased their to stabilize prices. Last year he Savings Bonds. blamed unemployment on the deductions for fellow workers of veteThey joined great number of returned are Mountain intermounBeO Bell in the rans. This year he says there total the to boost too many women and young peo- tain region wide investment in the ple in the labor force. Despite companyBonds annually to more this seemingly endless supply of Savings million. Ninety per cent $3 excuses, the nations unemploy- than 34,101 workers are ment figures continue to speak of the firms enrolled in the campaign, with for themselves. ITCHING noo-poisono- De-itc- h" u. ipeiros aft out-of-sta- te, out-of-sta- al person-to-perso- n, st direct-dialin- al station-to-stati- al-rcad- on ly (g) Mountain us |