Page 3
Ex-GE Official Calls For Big Business Restrictions
WASHINGTON—O.R.P. A former big business executive told Congress today it should sharply restrict, or break up, General Motors and other giant corporations.
Theodore K. Quinn of New York, a former vice president of General Electric Corp., said the government should stunt the growth of corporate giants. He made the statement in testimony prepared for the opening session of Senate monopoly subcommittee hearings on General Motors. The hearings will last four weeks.
Limits Set On Large Companies
Limits Set On Large Companies. Mr. Quinn proposed setting a limit of $100 million on the net worth of a corporation. Larger firms would pay increased income tax rates, and would not be allowed to absorb other companies. Their officers and directors could not serve other companies. The firms would be required to publish yearly profit and loss statements and balance sheets for each department.
General Motors Too Powerful
He said a firm could remove itself from this class by breaking up into smaller companies.
Mr. Quinn said, "The decisions of company managements like General Motors and U.S. Steel can determine the whole course of a country's development. .regardless of our people or their representatives."
"General Motors is entirely too big." Mr. Quinn said. "It unwittingly threatens the very existence of countless good companies and eventually our own free American institutions."
Mr. Quinn also charged that newspaper and magazine editors do not protest "the evils of giantism" because "they must be constantly careful to see that nothing in their papers offends any giant advertiser."
Mr. Quinn's proposal for a higher tax rate for big corporations would require a change in present tax laws. Corporations now are taxed at the rate of 52 per cent of their annual profits over $25,000.
Explosion Caused Airplane Crash
DENVER—(U.P.)—Two Civil Aeronautics Board officials said today a "bomb-type" explosion shattered a cargo hold in a United Air Lines DC-6B airliner that crashed near Longmont, Colo., a week ago killing 44 persons.
R. B. Dunbar, Denver postal inspector, said a portion of the mail recovered from the wreckage was torn into fragments "showing evidence of some terrific force."
He said the mail was found scattered over an area eight and one-half miles long and four miles wide indicating that the blast also blew some of the cargo clear of the plane before the aircraft burst into flames.
Ninety-five per cent of the mail showed no signs of fire and was in such good condition it could be forwarded, he said. The remaining five per cent was torn to bits.
International Club To Hear Pat Read
A Lawrence Indian trader, Col. Pat Read, will give an illustrated lecture, "The American Indian," at 8:30 p.m. tomorrow in the Kansas Room of Student Union. The program is sponsored by the International Club, and will follow the slide show for foreign students which begins at 7 p.m. in Watkins Library.
All Student Council foreign student representatives will be elected following the program.
University Daily Kansan
German Club To Meet
The German Club will hear John G. Gagliardo, Lawrence graduate student, speak on his experiences in Germany at 5 p.m. Thursday in 502 Fraser. Gagliardo studied at the University of Marburg, Germany, on a Fulbright scholarship last year.
It has been estimated the average physician works 60 hours a week and spends about 10 hours a week keeping up with developments in his field.
Funeral Directors To Hear Buehler
Dr. E. C. Buehler, professor of speech, is one of the speakers at a refresher course for funeral directors and embalmers being held today and tomorrow at the Student Union.
Dr. Buehler will speak at 10 a.m. tomorrow on human relations. "The Funeral Director and the Minister" will be discussed at 11:15 a.m. by the Rev. A.F. Bramble, pastor of the First Methodist Church.
The school is sponsored by the Kansas Funeral Directors and Embalmers Association and the State Board of Embalming in cooperation with University Extension.
PANAMA — (U.P.) Ousted Argentine dictator Juan D. Peron today began looking for a small home in Panama so he can settle down in exile and finish writing his life story.
Peron Looking For Home
Top honors in the Quill Club fall creative writing contest went to Jo Ann Brown, Massena, N. Y. sophomore, and Diana Sadler, graduate student, Strong City.
Quill Club Names Contest Winners
Miss Brown placed first in the prose division with a short story, "Diamonds in the Rough." Miss Sadler received the top award in the poetry division with three poems, "Earthshine," "The Bride," and "Leah."
George Edwards, Kansas City, Kan. junior, placed second in the poetry division, and Rodolfo Salvaria, graduate student from San Juan. The Philippines, placed third. Eugene Gardner, graduate student, Providence, R. I., received honorable mention.
The University section of the American Chemical Society will meet at 7:30 p.m. today in 122 Malott. The speaker will be Dr. Harold Witcoff, who will talk on "The Chemistry of Phosphatids."
Chemical Society To Meet
Other winners in the prose division are Larry Miles, Holyrood sophomore, second place, and Don Landes, Kansas City, Kan. junior, third place.
Turnpike Bids Open Dec. 2
TOPEKA —(U,P)— Bids will be opened Dec. 2 for 13 toll plazas, six maintenance buildings and a complete communications system for the Kansas Turnpike.
The toll plaza plans call for diamond-shaped bases for toll booths, and pavement leading by them so that motorists entering or leaving the toll road will pass by the booths. Bids already have been opened on prefabricated toll booths.
The plazas will be constructed at the terminals of the 236-mile toll road near Wellington and Kansas
City, and at interchanges at south Wichita, southeast Wichita, east Wichita, El Dorado, Emporia, Admire, south Topeka, east Topeka, west Lawrence, east Lawrence and Bonner Springs.
The six maintenance buildings, one-story brick shops, will be within interchange loops at Wellington, El Dorado, Cassoday, Emporia, Admire and Bonner Springs.
American women use enough lipstick every year to paint 40,000 barns.
TRY OUR DELICIOUS STEAKS
- SIRLOIN
- T-BONE
Served with: Salad, French Fries Vegetable and Coffee
Crystal Cafe
Open Sundays
609 Vermont
$ \textcircled{C} $A. T. CO.
All the pleasure comes thru in Filter Tip Tareyton. You get the full, rich taste of Tareyton's quality tobacco in a filter cigarette that smokes milder, smokes smoother, draws easier...and it's the only filter cigarette with a genuine cork tip.
Tareyton's filter is pearl-gray because it
THE BEST IN
contains Activated Charcoal for real filtration. Activated Charcoal is used to purify air, water, foods and beverages, so you can appreciate its importance in a filter cigarette. Yes, Filter Tip Tareyton is the filter cigarette that really filters, that you can really taste...and the taste is great!
FILTERED SMOKING FILTER TIP TAREYTON
PRODUCT OF The American Tobacco Company AMERICA'S LEADING MANUFACTURER OF CIGARETTES