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b Watch On
! The Potomac think it is worse than no bill at all. Even Senate Republican Leader Dirksen calls it a “skele tonized” measure. About all it would do is extend the life of the President’s Civil Rights Com mission, outlaw church - school bombings and provide schooling for the children of military per sonnel, where it is denied because of local defiance of the Supreme Court desegregation decision. Johnson apparently will not even allow any language assert ing that the 1954 decision is rec ognized as the “land of the land.” So far as anti-lynch legislation is concerned, he will not hear of it. ★ ★ ★ The Technique For Killing A Bill — It is quite possible that there may still be a bill bearing the “civil rights” label acted on by the Senate before adjourn ment. But it is clear that it will have no teeth and will do little to advance the Negro from sec ond-class to first-class citizenship in those parts of the land where his equal rights are still denied. While Johnson is primarily re sponsible for this state of affairs, the Northern liberals must also bear some responsibility for al lowing things to drift until this late in the session. I do not refer to men like Sens. Douglas, Case of New Jersey, Javits, Clark, Car roll of Colorado or others in that small but sturdy band. I am referring to those “liberal” Democrats who went along with Johnson’s strategy early in the session when they accepted his assurances that no anti-filibuster regulations were needed because there would be a “civil rights law.” They did not insist on knowing what kind of law — and particularly when it would come up on the calendar. If the liberal northerns had in sisted that Johnson make it an early order of business, disposed of in March or April, then the I Southern threat of a filibuster could be ignored. But putting it on the calendar this late in the year, means that the Southerns can now talk it to death. So the liberals find themselves in the position of favoring postponement until 1960. This is risky strategy, but circumstances may force them to it if they want a bill that means anything. THE BANKERS’ BANANZA— President Eisenhower’s propos als to increase the interest rates comes as no surprise to those who have followed the Adminis tration’s funny money policy in the last seven years. From the day George M. Humphrey took over as Secretary of the Treasury and continuing right up to now under Secretary Robert Ander son’s tutelage the Administra tion has been committed to high er and higher interest rates. Ostensibly the idea is to “curb inflation”. How well the policy has not worked anyone can judge for himself. The cost of living is now at an all-time peak and the outlook is for even higher prices. Corporate earnings are also at an all-time high and are expected to climb higher in 1960. Wages are fairly high but have nowhere kept up with prices or profits, in the mass production industries. In its latest proposal the Ad ministration has decided it must “sweeten” this giant giveaway to the commercial banks by also in creasing the interest rates on the “E” and “H” savings bonds that you and I might still be buying. So there will be an increase here from the present 3 *4% to 3 3/4%. This comes a little late since the interest rates on government bonds held by the banks have been juggled at least five or six times in the last half dozen years. Their profits stagger the im agination—but somehow editors of most newspapers around the country have not found it expe dient to have reporters go dig ging into the subject. ★ ★ ★ One of the stories that editors shrugged off was told by Rep. Wright Patman (D. Tex.) in a -—~—— i\ MODERN SELF SERVICE DINING 610 Main, Newton, Kansas PH. AT 3-4190 "Take ail you want but eat all you take" ADULTS CHILDREN (3-11 incl.) Noon Lunches 85c 50c under 3 free Evenings, Sundays $1.25 85c JAMES RUTCHMAN, MANAGER ★ ★ ★ We Reserve The Rigt To — SERVE ONLY MEMBERS OF THE HUMAN RACE STATE OF MISSISSIPPI } COUNTY OF FORREST ) SUBSTITUTED TRUSTEE’S NOTICE OF SALE WHEREAS, on April 25th, 1959, Dennis Griffith executed his Deed of Trust to the original trustee in the Deed of Trust, re corded in book 226, page 621, of the Land Deed of Trust Records of Forrest County. WHEREAS, default having been made in the payment thereof, and I having been substituted by the beneficiary in the place and stead of the original trustee by an instrument spread at large on the margin of the record of said Deed of Trust, and I having been called upon by the beneficiary to foreclose the same. THEREFORE, I will on September 25th, 1959, at the front door of the Court house. within legal hours, sell to the high est bidder for cash the land described: Part of Let 1 in Block 115 of the Hamper and Whinnery No. 2 which lies in Section 10, Township 4 North. Range 13 West, described as follows: Beginning at the Northeast corner of Lot 1, run South along the West line of Anni<j Street 50 feet, thence run West 200 feet, thence run North to Elizabeth Avenue 50 feet, thence East along the South side of Elizabeth Av enue 200 feet to point of beginning, together with improvements. WITNESS my signature on this the 1st day of September, 1959. O. E. LOTT, Substituted Trustee 4t 9-3, 10, 17, 24 speech last winter. “The govern ment of the United States,” he said, “made a free gift of slight ly more than $10 billion worth of U.S. government securities to the private commercial banks of this country ... If the government gave away $10 billion under most of the methods of gift giving, the country would hear a great deal about it ...” Patman went on to say that the $10 billions given to the com mercial banks might seem like an exaggeration. “But the term ‘gift’ is literally correct.” “The more exact amount of this gift is $10,410,000,000. It was made in several lots between Nov. 27, 1957 and Nov. 26, 1958. The source of my figure is the Federal Reserve Bulletin for Jan uary, 1959, page 33 ... By ref erence to p. 33 one may see that at the end of Nov. 1957 all com mercial banks in the U. S. held $56,910,000,000 in U.S. govern ment obligations. “A year later, at the end of Nov. 1958, these banks held $67, 320,000,000 of government secur ities . . 1 ' ■■ ■ . ..—m A new 11,500-ft. airstrip, tl 4 longest in the Pacific, will be completed in June, 1961, in Pa* peete, Tahiti’s capital. 7Tie Petal Papei THE PETAL PAPER: Printed on Thar** day of each week by THE ABVERTISEB PUBLISHING CO., Pascagoula, Miss. Published by East Publications Co., BOB 349, Hattiesburg, Miss. Entered as second class matter at th* Post Office at Petal, Mississippi, undo! Act of March 8, 1879. RE-ENTERED AT PASCAGOULA, MISO. Second class postage paid at Pascagou la, Miss., and at additional mailing offices, RETURN jFORMS 3579 TO: THE PET AL PAPER, BOX 349, HATTIESBURG, MISS. P. D. East .Editor Si Publish** SUBSCRIPTIONS | Six Months .$3.0* | 1 Per Year .$6.00 1 I From ' ;Sj SOUTHLAND, Your Complete Florist Corsage* Cut Flower* Pot Plant* ! 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