Show j I i WIAWNO FUIL1C HAS THI SEftVtCI THI OfNTUKI Firm Criticized for Letting Boss' Son Handle Ads 'than 10H3 NUDtDl NEW YORK CAP)— A report on a routine examination o£ the Equitable Life Assurance Society the New of the United States-bYork State Insurance Department criticizes some former company practices hut says the company is in sound financial condition Alfred J Bohlinger state insurance superintendent said yesterday Equitable had ended certain management practices which had been criticized in the depart- - LOOSE FALSE TEETH CAN IE MADE SNUG AND COMFORTABLE WHILE YOU WAIT! Utirtg the tarn plastic dantura ora mad from KEUNE IS GUARANTEED g to LAST THE LIFE OF DENTAL PLATES Com in end anjoy ' y mug-fittin- dental platai again you wait Dental plate repaired end 1teeth replaced while DENTURE REPAIR LAB 3341 Porter Avef Ogden I Openi AM Six Day Week A Phone - — Evening 67 by Appointment shove fvSce os fell jtvlsfo ft he shaving head tfviee-eas-vjid- le cost any more if the adver-- b had been done tising through any other agency The chairman's son Courtney said the relationship between bis agency and the insurance company “was always conducted on the strict business basis that governs our association with all our accounts both past and present" The report also said the company after a conference with representatives of the insurance department had required three officials to return salaries paid them by McCarthy Oil & Gas Corp Houston while they were on the Equitable payroll Equitable assumed control and management of McCarthy Oil & Pas in March 1952 after the Houston company had fallen behind on principal- - payments due on a 29 million dollar loan from Equitable Warner H Mendel ment’s report They included the awarding of nearly one million dollars worth of advertising contracts to a agency headed by the son of the company’s chief executive officer and the payment of double salaries to three Equitable officials who served on the hoard of McCarthy Oil & Gas Corp of Houston Tex The report said that at the department’s prompting Equitable ended an arrangement with an advertising agency headed by Courtney V Parkinson son of the board chairman Thomas I Parkinson It showed that in 1949-5Equitable spent $950920 on advertising placed with the agency Relationship Ended Ray D Murphy president of Equitable commented: “The advertising agency relationship that was criticized was discontinued in 1951 It had not of course newly-forme- d 0 4A THE OGDEN (UTAH) STANDARD-EXAMINE- D FRIDAY EVENING OCTOBER 30 1953 Equitable counsel was made pres- & Gas and voted a salary of $30000 a year plus travel and living expenses Two other Equitable officials were voted salaries of $10000 each as officers of the McCarthy firm ident of McCarthy Oil Radio Pioneer SCHENECTADY N Y (UP)— College’s radio station WRUC which went bn the air Oct 4 1920 claims to be the old- Union est regularly scheduled station in the United States I'he station also claims to have produced the first portable radio designed as a promotion stunt shortly after the station’s founding A student attached a radio powered by an auto battery to a baby carriage and coaxed a girl into1 pushing it lango a busy street v" - j - 1 yr - -- t Vi ' i - i t with exclusive expansion stopper Tilt the bottle and see how it works '"Tt j ’ - I v ! j ‘Classroom of Tomorrow ' Functional design and modern patterns mark this “classroom of tomorrow” in a Detroit- Mich school Important features of the room which permits greater freedom of activity and more comfort than most school children have ever known are uniform natu-- ' ral lighting and portable desks and chairs which can be arranged in formal or informal groups - 00031 uGES OfriVO' 7Ei y jutd i&xu n-- -- Social Security Tax Boost Should Be Siopped-Geor- ge f - eiosQn f of Scbenley I required I Stock up f °r fot today RAYMOND enjoyment and parties oWtt Td SMITH WASHINGTON 1 limitea be- operations u I Will Be J TOMORROW! TOASHR t J Mail-tall- y raitet its toat If SO 26 0t5edm coffeemaster lontly 1 1 - Yoa It'a r can't mini automatic! act caff aa vary tima — I No to I cap watch ing no t gla brook lilea plat arrangement we will have a Shave-mastexpert in our store tomorrow See him ' demonstrate the Shavemaster on all types of beards Try it on your own beard! See for yourself how fast and clean It shaves' No beard too no skin too tender Shaves clean tough v' $500 37 A die Difference Waak SEVEN FINE STORES in a Mr Smith bona yawr Shave-natt- er using t h a axclutiva Sunbeam compound Ha'll also ail your Shavamatar at no cast 2435 Washington in Ogdens whiskey in ages crystal-brigh- t holiday decanter pFf Same fine whiskey in decanter or year-roun- d FINOINB BLENDED WHISKEY t CASH REG SANK $4£3 6 Vp - vp p : bottle 86 PROOF 65JS GRAIN NEUTRAt SPjRITS SCHENLEY DISTRIBUTORS INC NEVf YORKNY SHOP EARLY THIS YEAR RANGES said today Congress on the Senate Finance e Committee said it would he “less than fair” to persons in brackets to let the increase stand while income tax rates go down —The net result he said would be a bigger tax load on“the titing Ihh per cent each for employtle fellow” and a er and employe “for some reatax saving to othsonably brief period” without imers Many persons pairing the Social Security fund’s don’t earn enough stability to be liable for The law calls for a series of inincome taxes but creases in the rate until it reachthe big majority es 3y per cent each for employer of wage earners and employe ii 1970 must pay Social Security Pointing to the constitutional finance the federal retirement and requirement that tax legislation death benefit program must In the House Personal income tax rates tin- George originate reserved comment on der existing law will go down what form a rollback bill should about 10 per cent on the first of take the year The excess profits tax There have been various sugon business expires at the same gestions that Congress could roll time But Jan 1 is also The date back the rate to its present level when Social Security taxes pre and refund what extra due to go up from thejl present are collected or order payments the roll1 to 2 per cent each? on em- back to become effective at some ployes and employers j date in 1954 and keep in the SoThe Treasury has estimated this cial Security fund whatever extra total increase from 3 peg cent to funds had been collected at the 4 per cent on a worker’s earnings higher rate wUl bring in about a billion dolRep Carl T Curtis lars more a year Social Security chairman of a special House ways taxes are collected on only the and means subcommittee studying first $3600 of a worker's wages the problem had opposed any so the maximum Social Security rollback of the Social Security tax jump will be $18 a year tax He said the Jan 1 increase President Eisenhower last sum- is needed to keep the program mer asked Congress to fdelayj in- sound definitely the Social Security tax Rep Richard M Simpson (R-Pincrease but Congress took no a member of the Ways and action and the request was not Means Committee which originates lax legislation has declared j pressed “Congress and the executive de- he favors a rollback partment are moraUy cpmmitted to eliminate the excess profits tax and to let the last raise (n income Out of Practice tax rates expire” George said HOPE Kan (UP)— Residents-her“The scheduled increase? in Social take fire prevention camSecurity taxes should ipt be re- paigns seriously More than a tained if the 6ther taxes are al- year elapsed- - after purchase of a lowed to decline” j new fire truck before the vehicle He said he thought the tax rate made its first run A discarded could be rolled back to the exist cigaret set a shed afire (R-Ne- 0to fytiuicoflfr FREEI Sharpening and Oiling lot best-tastin- g a) a) Shavemaster Owners "famous for Diamonds" it now ! SCHENLEY today on Any Pay Only $mco u Down 50 Trade-I- n Electric Shaver gam chroma It’s here ! Enjoy 1 ‘ 2750 bowk to AN er i close quickly (D-G- Social Security Tax increase low-incom- a By special r tax-handli- Schubach's Automatic b yend b 1 1 fl I r a d lowr billion-dolla- 1- - Special Factory Representative - (APj —Sen George should knock down the L J - AND SAVE WHILE YOU DO 17! fl FINEST SELECTION IN OGDEN w w ! m J w w 1 w “ --— 1 — - e |