16—Lancaster Farming. Saturday. December 20,1969
WASHINGTON REPORT
Congressman Edwin D. Eshleman HHI
1M DklrM-PMiiuytante HBi
The national economic situa
tion at this point is not very cn
couraging Pi ices continue to
climb upwaids, mtci esl rales ic
main high, the dollar is sail
dropping in \ alue and no immed
iate relief is in s.ght
Ther° arc some subtle, but
hopeful, signs that the overheat
ed inflationaiv spnal is begin
ning to cool to some degiee The
fact that pr.ces aie not going up
quite as fast ns befoie shows
that a plateau of soils has been
reached But piediclion of a
few months back of a sub=‘an
fully impioved econom.c ou‘
look by the end of the yeai is
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TERRE HILL SILOS
MONOLITHIC & CONCRETE
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S
TERRE i:
East Earl R D
obviously not going to be one of
my most accurate. The Nixon
Administration has not been able
to work the hoped for wonders
on the fiscal disaster aiea which
was inherited one \eai ago
The factual bleakness of the
economic picture is what makes
the recent Congressional changes
in the tax reform legislation so
disturbing Over in the Senate,
tne Tax Reform Act of 1969.
suddenly has been turned into
the Tax'Relief Act of 1969 One
Senator suggested that maybe an
csen bettci name would be the
■ Ch.islmas Tiee Act of 1969”
since so man> goodies have been
< A*
w
j r
4F
'lore Strength More Economy
n’oaders • Bunk Feeders
> r Dish ibutors
I SILO Coo, he.
.. 17519
1927
Phone 215-445-5767
hung on the bill. While it.cert
tainly is admirable to seek to
give Americans tax relief, such
relief at the expense of econom
ic health is not exactly a respon
sible action. In my opinion, many
of the Senate amendments to the
legislation would, if left as is,
aggravate our already alarming
fiscal problems
The proposal to rise the per
sonal exemption from $6OO to
5800 is a case in point. Such a
provision would cost the govern
ment ovei $6 billion in revenue.
That loss would mean that the
effort to balance the national
budget as an anti-inflationary
step would be doomed And for
what 0 A $2OO hike in the person
al exemption idle which every
one lecogmzes should be even
higher I sponsored legislation
earlier this year to raise the rate
to $lOOO. a more reasonable
figuie, but on the understanding
that such an exemption would be
a pait of a balanced piece of
legislation designed to bung re
lief but maintain revenue This
balance could be achieved by le
adjusting tax rates on a more
equitable basis, something which
the Senate did not include m its
action.
Another area of criticism is
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t this crisp and exciting time of year, we are hopeful
that your holiday will be filled with joyous warmth, richly
shared with those you hold dear. And to
you, our customers, we express our thanks and appreciation
for your continued patronage. Merry Christmas!
YOUR RED ROSE FEED
Walter Binkley & s °n Heistand Bros.
Lititz
Elizabethtown
Brown & Rea, Inc.
Atglen
Elverson Supply Co.
Elverson
Henry E. Garber
R. D 1. Elizabethtown, Pa,
L. T, Gesb Estate
Manheim
I. B. Graybill & Son f
aettcn St,asburg i Mountvi ||e Feed Service H. M. Stauffer & Sons,
E. Musser Heisey & Son! Mountville g Inc.
B. D £2, Mt. Joy, Pa. ■ Witmer
that the original goal of eliminat
ing tax.inequities seems to have
gotten lost. In. the rush to get
some political- benefit out of this
year's tax legislation, the reform
issue has become muddied. For
example, when the House voted
to trim the oil depletion allow
ance by lVz% it was a step in
the right direction. However,
over in 'the Senate, that 7%%
cut was trimmed back to a 4Vfc %
cut. Other reform measures like
changing the tax exempt status
of some organizations also got
watered down on the Senate side.
The major differences between
the House and Senate versions of
the tax reform legislation mean
that the conference committee,
made up of members of both
bodies, will put the bill into its
final form I have an idea that
the conference committee will
spend considerable time coming
up with a version that piovidcs
a balance of relief and i eform,
but with the most weight on the
reform side House Ways and
Means Chairman Wilbui Mills is
going to have a good bit to say
about the way he compromise
legislation shapes up and he is
interested primarily in doing
away with tax inequities
/;>
Red' Rose Farm
Service, Inc.
N. Church St, Quarryville
David 6. Hurst
Bowmansville
Martin's Feed Mill, Inc.
o^^
GREETINGS
R. D. 3, Ephrata, Pa,
Soli Tool M
Barnyard manure re-enforced
with superphosphate continues
to be a good method of getting
the most value from the manure
and increasing the phosphorus
content of the soil. Many farms
are still low in available phos
phorus, according to soil tests,
and the use of superphosphate
in the gutters of dairy barns will
make them more sanitary, and
the spreading of phosphate in
the steer pens before new bedd
ing is applied, will help balance
the manure as a complete fertili
zer. Phosphorus is one of the
thice most important soil ele
ments needed by most plants for
maximum production.
Wrapping With Wire
Protects Evergreens
During winter water loss
thiough the leaves of evergreens
can be i educed somewhat by
wrapping the cvei green loosely
with large-mesh chicken wire,
say extension hoi ticultunsts at
The Pennsylvania State Univer
sity This prevents winter winds
fiom passing freely through the
evergreens branches and reduc
es the sweating process peculiar
to plant life
DEALER
Musser Forms, Inc.
Columbia
Musser's Mill
The Buck
Chas. E. Sauder & Sons
Terre Hill
Ammon E. Shelly
E. P. Spotts, Inc.
Honey Biook
Lititz