The journal., January 03, 1957, Image 11

About The journal. (Caldwell, Ohio) 1934-1961

Image provided by: Ohio History Connection, Columbus, OH

                
jghursday, January-3, 1^57
THE AMER
(Continued from Page 2-B)
Company, revealed that nine
tenths of its 75,000 customers
and 30,000 suppliei's were small
firms. From this the 4U"P°nt
company drew the following
cenclusions:
"Contrary to popular belief,
the bigs and little does not
compete directly for the same
business. The bigs do the jobs
for which they are best equip
ped—volume production, large
scale research, and develop
ment. Only companies with
large resources can participate
in those fields requiring heavy
investment in development and
productive facilities. The small
companies, on the other hand,
excel in processing, converting
and distributing the products
of big business."
President Eisenhower be
lieves that the Federal Govern
ment can help small business
with some of its problems. He
has promised to present to
Congress a legislative program
based on recommendations
made by his cabinet. Among
others these will include: Cut
to 20 per cent the present 30
per cent federal tax on a cor
poration's first $25,000 of in
come permit accelerated de
preciation on used machinery
purchases up to $50,000 a year
give taxpayers the option of
paying death taxes over a per
oid of 10 years in cases where
the estate consists largely of
investments in closely-held
businesses and allow corpora
tions with 10 or fewer stock
holders the option of being
taxed as if they were partner
ships, thus enabling them, to
avoid being taxed twice on
their earnings.
If Congress goes along with
these recommendations by en
acting them into law, such
action will be helpful to the
little fellows, but will not be
a cure-all for all the ailments
of small business. It will be
tantamount to holding an um
brella over the small-business
man, but what he needs most
is for Uncle Sam to stop the
shower of road blocks and im
pediments that are strewn
across the business pathway by
1CAN WAY
Big Government and Big Lab
or. Those are the two real
thorns in his flesh.
Space has run out here, but
in a future article, I shall
attempt to point out how Uncle
Sam can best promote the
"welfare" of little business by
removing many of the hind
rances hie himself imposes on
it and giving it relief from the
squeeze it now suffers from
Big Labor.
The small businessman is the
traditional symbol of our free
enterprise system. Above all,
he reserves and must have
freedom to operate. The great
est contribution the Federal
Government can make to him
is to see to it that he gets that
ffeedom.—George Peck
Former Residents
Sentenced To Ohio
Pen For Robbery
Herbert Ruby, 32, and James
Robert Bell, 29, of Cambridge,
will be taken to the Ohio peni
tentiary at Columbus next week
by Muskingum county author
ities to begin serving a sentence
of from 10 to 25 years for aiding
and abeting in an armed robbery.
Ruby is a former resident of the
Mt. Ephraim community.
Marion Joseph Powell, 23, of
Barnesville route 3, was sen
tented" to Mansfield reformatory
under a statute-imposed penalty
of one to 25 years after he chang
ed his plea of guilty to armed
robbery to a plea of guilty to
robbery. Powell was described
as the "hooded bandit" in the
holdup. He is also a former
Noble countian.
A fourth person involved, Sue
Ann Snyder, 18, of Zanesville,
described during the trial as
Ruby's "girl friend," was placed
under probation from common
pleas court after pleading guilty
to lying to the grand jury in
November during its study of the
crime.
The sentence was made in the
Muskingum county common
pleas court following an armed
holdup of a dice game at the
farm home of Daniel Wheeler,
about two miles from Zanesville
last Sept. 23.
JANUARY CLEARANCE
fold ijJswdksUi Qldthinq
STARTING FRIDAY, JAN. 4 ENDING SATURDAY, JAN. 12
ONE RACK OF MEN'S SUITS- WINTER JACKETS.
PROBATE COURT
NEWS
In reference to the estate of J.
Errol Smith, aka, J. E. Smith,
deceased: report of distribution
of assets in kind filed orders
approving distribution of assets
in kind schedule of claims
filed orders on filing of sched
ule of claims issued confirming
without notice, first and final
account of Rose Ann Smith,
executrix, filed for hearing on
Monday, Feb. 11, 1957, at 10:00
o'clock a. m.
In reference to the estate of
Ruth Virginia Thompson, de
ceased: inventory and appraise
ment fiied waiver of notice for
time of holding inventory filed
waiver of notice and consent to
approval filed information for
notice filed orders on filing in
ventory and appraisement issued
for hearing Monday, Dec. 31,
1956, at 10:00 o'clock a. m. Notice
of filing inventory issued by
registered mail.
In reference to the estate of
Jeremiah Wickham, deceased:
hearing had order approving in
ventory issued.
In reference to the will of
Henry Bettinger, deceased: testi
mony of witness to will taken
and filed proof of signature of
witness to will filed testimony
as to signature of witness to will
taken and filed order admitting
to probate and record, a witness
dead, issued will admitted to
probate and record.
In reference to the estate of
Zuinglius McFerren, deceased:
notice of filing inventory and
appraisement, issued by register
ed mail, returned and filed.
In reference to the estate of
Ruth Virginia Thompson, deceas
ed: notice of filing inventory
and appraisement issued by
registered mail, returned and
filed.
SEPARATIONS FILED
Two separations from the
armed forces were filed in the
Noble county recorder's office
last week. They were as follows:
Army of the United States, to
Roger Jude Schockling, separa
tion, and Ohio National Guard
to Marvin D. VanFossen, honor
able discharge.
Photo Developing-—Gillespie's
TOPCOAT SALE
$49.50 COATS now $39.95
$47.50 COATS now $37.95
$42.50 COATS now $32.95
$39.50 COATS now $29.95
$34.50 COATS now $25.95
One Lot Gabardines at $11.95
SUBURBAN COATS
$21.50 COATS now $16.50
$16.95 COATS now $12.95
$14.95 BOYS now $11.95
ZIPPER TYPE JACKETS
$18.50 SUEDE now $14.95
$15.95 WOOL now $12.95
$11.95 WOOL now $9.95
$9.95 GABARDINE now $7.95
$7.50 GABARDINE now $5.95
$5.75 BOYS now $4.50
MEN'S DRESS °SP0RT COATS
$29.50 COATS now $23.95
$23.95 COATS now $18.95
Dress Flannel Sport Shirts
$3.95 SHIRTS now $2.95
$2.95 SHIRTS now $2.19
Also Several Boys' Suits, 12 to 18 Years, AH Greatly Reduced.
ALSO SA4.E PRICES ON MANY OTHER .ITEMS OF WEARING
APPAREL FOR MEN AND BOYS. REAL BARGAINS.
JAMES & QUICK
MCN AND BOYS STORM
THE JOURNAL, CALDWELL. OHIO
INCOME TAX FACTS
ton NOBLE COUNTIANS
III cooperation with the American intsitute of accountants, the
Ohio society of certified public accounts has prepared a series of
eight articles on "Income Tax Facts" as they pertain to Noble Count
ians. The are an aid in filing your_federal income tax returns.
pproved by the internal revenue
All the articles have been e
service.
Selecting The Correct Form
Saves Tax Dollars
The government gives you the
alternative of using the simpli
fied income tax form 1040-A,
the "short form" 1040, or the
"long form" 1040, depending on
the amount and circumstance of
your income. Select of the wrong
form may cost you unnecessary
tax dollars.
The easiest form to file is the
1040-A, and according to Treas
ury records, one out of four tax
payers use it. To be eligible to
file a 1040-A. form your total in
come must be less than $5,000,
consisting entirely of wages sub
ject to withholding (or of wages,
dividends, and interest, provid
ing not more than $100 of such
income came from a source out
side that listed on your W-2
slips). The simplified form makes
no provision for "head of House
hold" status or itemized deduc
tions. If you use this form the
government will figure your tax
and send you either a refund
or a bill, if you so desire. How
ever, for the first time this year,
you can compute your own tax
on form 1040-A and either send
in the balance due with the re
turn or show thereon the amount
of refund you have coming
Whether To Itemize
Should you decide to use the
regular form 1040 you still have
the choice of itemizing deduc
tions or using a standard deduc
tion which amounts to about 10
percent of your income. If your
income was less than $5,000 and
you use the standard deduction,
you determine your tax from the
special table given in the instruc
tion book.
You are likely to save by item
izing deductions if you:
(1) Own real estate
(2) Had unusual medical ex
penses
(3) Had deductible child-care
expense
(4) Suffered losses from fire
storm, accident or theft
(5) Made fairly large contri
butions
It is important to remember
that if you incur such expenses
as transportation, meals or lodg
ng in connection with your
work, check careully the instruc
lion book to find how these ex
enses may be deducted even
though you decided to use the
standard deduction.
If your deductions are close to
10
percent, it is wise to itemize
them and figure your tax both
ways to see which results in the
smaller tax. As the Treasury
Department has pointed out
The law expects you to pay
our correct tax no more
no less".
Married Couples
Most married couples save tax
dollars by filing a joint return
instead of separate returns. This
is because the tax is figured on
a joint return as if the husband
and wife each had one-half the
total income (even though the
wife may actually have had no
income). Income-splitting, as it
is called, may bring the couple
down into a lower tax bracket.
Watch for the exceptions
however. If you had capital
losses or unusually high medica
expenses, you will be wise to
figure both jointly and separ
ately to see which results in less
tax.
If you are supporting a dep
endent and maintain a home for
that person although you are
single, widowed, divorced or
legally separated, you may be
able to qualify as a "head of
household", and figure your tax
on a special table which gives
you part of the advantage en
joyed by married couples filing
joint returns.
Surviving Spouse
Also, if your husband or wife
died in 1954 or 1955, and ybu
have as a member of your house
hold a dependent child or step
child, you are entitled as a
"surviving spouse" to the same
income-splitting benefits this
year as you would have on a
joint return unless you re
married before the end of 1956.
The privilege to file as a sur
viving spouse applies to the first
two years following the year in
which your husband or wife
died.
The instruction book which
comes with your tax forms gives
further information. Help is also
available by telephone or at
offices of the Internal Revenue
Service. The Revenue Service
urges you to consult a properly
qualified advisor if you decide
to seek outside help.
Next article: Tax Hint* For
Car and Home Owners.
Walnut Ridge
WALNUT RIDGE Mr. and
Mrs. George Horton and son, of
New Concord, and Mrs. Bessie
Horton were visitors with War
ren Horton and family, of Al
liance over the weekend.
Mr. and Mrs. Dick Leach and
children, Mr. and Mrs. Calvin
Smith and daughter, and Mr. and
Mrs. Jim Horton and children
were dinner guests of Mr. and
Mrs. O. O. Horton on Xmas day
Edward Feldner family wer(
weekend visitors at Mona Kirk
bride's.
Mr. and Mrs. Hobert Feldner
and family, Mr. and Mrs. Ear
Horton and son and Harold Hor
ton spent Christmas day with
Mr. and Mrs. M. I. Horton.
Mr. and Mrs. Raymond Smith
berger were callers at Caldwell
Saturday.
Mr. and Mrs. George Horton
were callers at Otis Horton's or
Thursday evening.
Mr. Dearth, of Monroe county
was a caller on the ridge Thurs
day.
Mrs. William Horton spent
few days with George HortonV
of New Concord and other rela
tives.
Glen Andersenn was a caller
at Caldwell recently.
Jim Warner was a caller at
John Smithberger's on Thursday
TO IIOMK
Mrs. William Rossiter and in
fant son were removed fron
Thompson's hospital, Monday
morning, Dec. 31 and taken to
their home on Sarahsville rout*.
1. The McVay ambulance wa
used.
WHEN SPOKEN...
Thoughts Are Difficult!
FLOWERS
CONVEY YOUR DEEPEST
EMOTIONS FOR ALL
OCCASIONS!
Wire Service Call 198-M
FRESH
CUT
MONEY
YOU
for BARGAIN*
FOR IIIIJA
Now is the time' to
THE
snap up
CITY LOAN
FLOWERS
AND
POTTED PLANTS
Teters' Floral Shop
North Street
On USR 21
real bargains
and pay off old bills. Start fresh. Save
to 35
[I on cash bargains. Earn discounts
on past-due bills. One loan does it. See us
first. Money talks! Repay easily.
520 West Street Bob Miller, Mgr. Phone 69
up
& SAVINGS CO.
REAL ESTATE
Hazel M. and Jesse Forshey to
Nova A. Christman, Elk town
ship, 34 acres.
Great Lakes Cartoon Corp., to
Roman L. Smithberger, assign
ment of oil and gas lease.
Robert B. and Helen Jean
Feldner, to Clifton Neal and
Clara Danford, village of Johns
town, lot 25 and 26.
G. Howard and Alma B. Hein,
to James Richard and Nancy Jo
Clark, Noble township, one acre,
lot 270, Florence Addition.
Alfred and Erma Brown to
Cecil M. Brown, Jackson town
ship, 80 acres.
Forrest and Annabel Howell
to Hazel M. Forshey, village of
Harriettsville, lot 8 and 23, part
of 29.
Mary Iva "Travis, deceased, to
Clyde H. Travis, village of Cald
well, lot 183, certificate for
transfer.
Reed and Elsie Thompson to
Gerald and Eleanor Thompson,
Stock township, 39.95 aces.
Trustees of Olive Cemetery to
W. J. Tilton, cemetery deed.
Abraham T. VanDyne, deceas
ed, to Ethel VanDyne, Seneca
Lake, lot 51, certificate for trans
fer.
INITIATED INTO SORORITY
Mrs. Donald Shaw Williams,
student at Ohio Univei\sit
Athens, was recently initiated
into Phi Upsiiiom Omicror.,
Home Economics professional
honorary fraternity. The former
Peggy McGregor, she is t:u
daughter of Dr. and Mrs. A. G.
McGregor.
See The Journal for
Quality Printing.
y BARNHART'S
No Gimmicks!
No Specials!
No Merchandise!
We sold almost
everything over
Christmas. What%
left has to go to
make room for
our Ping Pong table!
RCA ESTATE
ELECTRIC AND CAS RANGES
NO BUILT IN KETTLE WASHER
OR CHICKEN FEATHER PLUCKER!
DOESNT REQUIRE A SPECIAL
ENGINEERING DEGREE TO OPERATE.
THEY'RE A COUPLE OF
WEEKS OLD AND
ALL
Phone 20
Journal Mail Hag
(Contuiued froiu Page 2-J3)
might be saved ... (1) If God's
good will is not toward men,
why did the thief on the cross
receive the promise of being in
paradise with Jesus after his
life as a malefactor? (2) Why
did God promise a Savior in
Gen. 3 15 after the sin in the
Garden before he pronounced
the punishment in Gen. 3 19?
If God's promise of peace is
only to those who please him,
Why did Paul write Romans
3 23? Why did Jesus say, none
is good, save one, that is, God?
Perhaps in this modern day of
religious sophistication, men and
momen are hoping to get to
heaven on "New versions?
In our boyhood days in Noble
county, we remember seeing
many old ladies and gentlemen
thumbing through their King
James version and finding a
complete understanding of God's
plan of redemption even though
they could not pronounce many
of the words therein. But today
we send our prospective church
leaders to schools to make them
"wise and prudent". St. Matthew
11 25 reads "At that time Jesus
answered and said I thank thee
O Father Lord of Heaven and
earth because thou hast hid
these things from the wise and
REED INSURANCE AGENCY
PHONE 43 I. O. O. F. BLDG.
CALDWELL, OHIO
is having jusf a plain old
PKILC0 "Golden D" TV
MAHOGANY CONSOLE
Guaranteed Not
To Get Color...
Black and White Only
Does Have Casters
... Can Be Used As A
Serving Cart For
Late, Late Movies.
A Real
Bargain at
HEY KIDS!
RCA WHIRLPOOL FREEZERS
All Especially Equipped With Extension Cords
Can Be Used In Any Room Of The House!
EXCELLENT FOR PRESERVING ICICLES
20 CU. FT. WAS $459.95 wow
(FREE SNOWBALLS FOR THE KIDDIES .. IF IT SNOWS
Page Three—3
prudent, and hast reveaied inem
unto babes." Jesus said in St.
Luke 12 51, "Suppose ye that
I am come to give peace on
earth, I tell you, Nay, but rather
divisions."
Why do men try to change
God's word instead of accepting
it? Why do we try to divide the
spoils while the battle rages?
Paul said "I have fought a good
fight." I have finished my
course. I have kept the faith.
But we look toward science and
education to bring the Peace
which will be the Christians
reward. It is the order of the
day to adopt pleasing platitudes,
to look for Rudolph and his
driver, when we would best sing
"Onward Christian Soldiers," in
these days of Apostasy.
Robert H. Woodard
49^2 Clinton Street,
Newark, Ohio
UNDERGOES SURGERY
Linda Cunningham, daughter
of Mrs. Hart J. Cunningham, of
Caldwell route 6, was removed
to the St. Francis hospital, Cam
bridge, Sunday, December 30.
While in the hospital. Miss Cun
ningham will undergo surgery
for the removal of her appendix.
The trip to the hospital was made
in the McVay ambulance.
This isn't the Philco.
Couldn't find the
ri?ht picture!
No ONE WOJUJpD BUY FOR $399.95
299
$
50
39950...
12 cu. ft. PHILCO
REFRIGERATOR
NO BUTTONS TO PUSH
NO DIALS TO TURN
NO LIGHTS TO FLASH
NO NOTHING!
Merely Keeps Food From Spoiling.
WAS $499.95 NOW
BARNHART'S
THE '57 FRIGIDAIRES ARE HERE!
COME IN AND SEE THE NEW 'SHEER LOOK
Nothing Funny About This Except The Look Of The Refrigerators.
*39950
Caldwell