The daily collegian. (University Park, Pa.) 1940-current, May 12, 1959, Image 3

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    TUESDAY. MAY 12, 1959
System of Collecting
Excise Tax to End
WASHINGTON (?P)—The 91-year-old system of collecting'
federal excise taxes on liquor and cigarettes through the sale
of tax stamps will be abandoned next month.
The Treasury said yesterday that starting June 24 distillers
and tobacco manufacturers will pay the excises by filing:
King Baudouin
Arrives, Begins
Three-Day 'Tour
WASHINGTON (IP)—King Bau- ,
douin of the Belgians got a warm !
welcome yesterday from Presi
dent Eisenhower, who assured
him the American people will be l
happy to see him.
The 28-year-old bachelor King'
and Eisenhower, both with big
smiles, met at the airport in ai
colorful setting of flags
End military array.
"Our people have long admired
and respected Belgium," Eisen-
hower told the King.
"When you travel around the
country, our people w I show
you - signs of affection and also
signs of friendliness and close
association with the people of
Belgium." -•
The dark, blond, blue-eyed
young King showed little of the
gravity overseriousness, some
called it---with which he has
reigned since his father's abdica
tion in 1951.
In good command of his Eng
lish, he thanked Eisenhower and
at the same time praised the
United States.
"We are indebtsd to the United
States for their assistance in the
hours of grave peril, when our
very existence was at stake," he
said.
"But we owe them so much
more: Our faith in justice and
our hopes for a better world."
Baudouin is making a three
day official visit in Washington
as his first stop on an extended
tour, after landing this morning
at Langley Air Force Base near
Norfolk, Va. His plane -flew non
stop From Brussels.
SPRING RECORD CLEAN-UP
*One Large Group of LP's—list $l9B &$4.98 $1.98
*One Group of LP's—list $1.98 or over ,98
*All in Stock Popular 45 RPM Records $.79
*SPECIAL GROUP of JAll LP's--list 84.98 $2.98
*SPECIAL GROUP of CLASSIC LlPS—ltsf $4.98 $2.98
*NEW ITEMS ADDED PROM TIME TO TIME
COME EARLY AND GET A GOOD SELECTION OF LP's
UNIVERSITY RECORD SHOP
returns twice a month. The de
partment acted under authority
voted by Congress five years ago.
Industry officials greeted the
anouncement with applause. They
have long contended it was un
fair to make them buy the tax
stamps even before selling their,
products. The new system means
they will pay the tax after they
make a sale, not before.
A spokesman for the Tobacco
Institute Inc. estimated that cig
arette makers have tied up about
$l5O million a year in tax stamps.
For the Treasury, the change
over will produce a lag in rev
;enues since taxes won't be paid
;as soon as under the old system.
Officials estimated the lag at $59
I million and said it would be re
flected in the current fiscal year's
budget for the period ending June
.
3
,Air Force Chief
May Get Surgery
WASHINGTON (/P) The De
fense Department said yesterday
exploratory surgery is contem
plated on Gen. Nathan F. Twin
ing, 61, chairman of the Joint
Chiefs of Staff.
The Air Force officer has been
at Walter Reed Army Medical
Center since May 3 for tests or
dered by doctors who didn't like
the looks of chest X-rays taken
during a routine physical exami
nation.
Officials said the surgery may
be performed today or tomorrow.
House Cuts Allotments
For Federal Agencies
WASHINGTON (/P)—The
House trimmed 126 million dol
liars from an appropriation bill
for several federal agencies yes
terday but gave the Veterans Ad
ministration $9,559,000--znore than
it had asked.
The cuts were made in alio:-
Intents for the General. Services
Administration, the Federal Av
iation Agency, the National Sci
ence Foundation and the Office
of Civil Defense and Mobiliza
tion.
Starts TODAY and continues
through END OF SEMESTER
ALL LP'S IN STOCK---SLOO OFF LIST
(EXCEPT ITEMS LISTING AT $1.98)
OPEN EVENINGS UNTIL 9:00 P.M.
"Across from Atherton Hall"
THE DAILY COLLEGIAN. STATE COLLEGE. 'PENNSYLVANIA
Employment
Record Set
For April
WASHINGTON 1W) Unem-'
,ployment fell sharply last month
as the number of Americans at
'work reached a record for April.
A jump in the job total of 1,184,-
000
from March to April took 1 1
735,000 off the unemployment,
rolls. Administration leaders say
the gains are double the normal
seasonal expectation.
Secretary of Labor James P.
Mitchell and Secretary of Com
merce Lewis L. Strauss, who joint--;
ly announced the monthly em
ployment figures Sunday, said
they demonstrate accelerating job ;
recovery from the recession that
began in 1957.
Total employment is now 65,-
012,000, more than two million
higher than in April of last year.l
'Although it is a record for April,
;the record for any single month'
;remains the 67,221,000 employed
July 1957.
The total unemployment figure
is now 3,627,000. At the depth of
the recession a year ago it was
5,120,000.
Mitchell and Strauss said that
'in the months since the turning
,point of the recession, the rate of
(unemployment is about two thirds
(of the way back to prerecession
(levels. During March and April
;unemployment dropped over a
illion.
The ratio of unemployment to
the total work force was 5.3 per
cent in April, compared with 5.8
per cent in March and 7.6 per
cent in Apiil 1958.
FREE
Tutoring Service
for a
engineering students
sponsored by
ETA KAPPA NU
and
TAU BETA P 1
every Wed. 1-9 p.m.
Room 220 E.E.
Bargaining Teams
Open Steel Talks
NEW YORK (A) Streamlined
bargaining teams opened bedrock
contract talks covering 500,000
steelworkers yesterday.
United Steelworkers representa•
lives met for less than 2 1 / 2 hours
at the Roosevelt Hotel with agents
for the 12 major steel producers.
Their only announcement after
' wards noted a "common desire to
negotiate labor agreements peace
fully and expeditiously,"
Yesterday, four-man industry
and labor teams got down to
work on actual details of a new
contract to replace one expiring
June 30.
Industry sources have predicted
a strike when the contract ex
pires.
Butlers Jewelry
DIAMONDS • WATCHES
IWatch and
Jewelry Repairing
111 E. Beaver Ave.
• • viz 4.6,,W•t....:4•i; • ,
or just plain on the ball. In any case the above
terms describe the sharpest men on campus as
listed by their fraternities below. Why?
Their 1960 composite will be ready and hanging
within 2 weeks after the start of the fall semester.
How? Simple . . . they're being photographed
now at Bill Coleman's.
ALPHA TAU OMEGA SIGMA ALPHA MU
BETA SIGMA RHO SIGMA ALPHA EPSILON
SIGMA PHI EPSILON
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'-,...i.;e e. 1 whipples
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~- 1
114- it i t ig;l-, Time
That's right fellows! Be it
Whipples or Black Mo, sum
mer time is swim time. For the
leisure moments of your life
we have matching Bud-Berma
swim trunks and shirts. In
plaids, paisleys, and heraldic
patterns that are tapered to
your build.
TRUNKS $2.8843.98
(boxer or brief)
SHIRTS $3.55-$4.138
(reg. or polo)
All Reversible
HABERDASHERY
'Yt the Center d Pennsylvania.
229 S. Allen St.
ENTERPRISING!
DYNAMIC!
VIGOROUS!
ACUTFI
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INDUSTRIOUS!
EXPIDMOUSI
ALPHA SIGMA PHI
PHI GAMMA DELTA
PAGE THREE