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University Daily Kansan
Monday, March 14, 1955
Economy on Upswing Congress Unit Says
Washington—(U.P.)—A congressional economic committee declared today that the national economy has been "improving" but warned there are "elements of uncertainty in the economic outlook."
The Joint Committee on the Economic Report cautioned specifically that a downward trend in farm income offers a "serious threat to the economy as a whole."
In one important field-taxes—the 14-member committee split on pary lines.
"The majority (Democrats) support further adjustment in the tax structure at this time which without sacrificing revenue, will increase consumer purchasing power," the report said. Chairman Paul H. Douglas (D-III.) called that an endorsement of the Democrat-sponsored income tax cut now pending in the Senate.
"The minority (Republicans) on the contrary, feel that it is premature to make adjustments now especially since, among other considerations, the impact of last year's changes have not been fully experienced," the report said.
Several different opinions on the economic past, present and future, were contained in the report.
Chairman Douglas discounted statements asserting that Republicans had "forced" revisions which, in effect, toned down the findings of the whole committee. Sen. Douglas said Democrats "had the votes" and could themselves have "forced" a majority report on the GOP. He conceded that some changes were made in a preliminary draft.
At a news conference, Sen. Douglas made public a memorandum listing 25 particulars, in a dozen broad fields, in which GOP committee members agreed with their Democratic colleagues, Sen. Douglas listed these unanimous agreements:
1. There was a "recession" last year. Although it has been "improving" since late in the year, the economy has regained only about
Crashes Claim Five in Kansas
Three of the five victims died in single car accidents as the drivers lost control.
Topeka —(U.P.)- Five weekend traffic fatalities boosted the year's toll in Kansas to 94, the State Highway patrol reported today.
A grinding collision of a car and a heavy truck near Detroit, Kan., Saturday, caused the other two deaths, that of Sgt. Harold E. Reed, stationed at Fort Riley, and Mrs. Winnifred Jane Gurrado, wife of Spl. Louis Gurrado.
Mrs. Dorothy Jean Wirtz, 24, of Renfro, Okla., was killed and three other Oklahomans were hurt when their automobile failed to make a curve on US-81 near South Haven, Kan.
Near Wichita, Harold Ledford, 21, of Wichita, was killed when his car jumped a safety island and overturned on US-81.
Ben Witty, 40. Parsons, died Sunday afternoon on US-160 a mile east of Frontenac in another single vehicle mishap.
one-half in production and one-third in erased unemployment. There has been "unevenness" in the recovery and some areas and in-
2. The decline in net farm income "is expected to continue, but more slowly." That trend threatens the whole economy. The report sees "expanding consumption" of farm commodities as the solution rather than a program of controlling and reducing production.
Ford Offers EuropeanTours
Two conducted summer tours of Europe in private car, are being offered by the Ford Abroad society. The North tour sails from New York on Wednesday, June 8 and proceeds to London, Amsterdam, Brussels, Frankfurt, Munich, Innsbruck, Venice, Florence, Rome, Pisa, Nice, and Paris.
The Mediterranean tour sails from New York Thursday, June 30 and proceeds to Lisbon, Gibraltar, Barcelona to Cannes, Nice, Pisa, Rome, Naples, Capri, Florence, Venice, Innsbruck, Munich, Frankfurt, Luxembourg, Lausanne, Geneva, Dijon, Paris, and Nice.
Forty-eight days in Europe on the north tour costs about $995. Fifty-six days in Europe on the Mediterranean tour costs about $1,038. The fare includes a round trip ticket, all meals, sightseeing, tickets for events, baggage, taxes, and tips.
The fare does not include pass-
port expenses, laundry, wines, and
mineral water. A deposit of $100
is required at the time of booking.
This deposit is refunded in full if
by the time of final payment, May
1, the student is unable to take
the tour.
For a day by day itinerary. students may write to Ford Abroad tours, 154 W. 56, New York, N.Y.
Basketball Court Stored 'Til Fall
Employees of the building and grounds department began removing the basketball floor from Allen field house today, according to C. G. Bayles, superintendent of the department. The floor, which is in 4 by 8 foot sections will be stored in the fieldhouse until time for basketball practice next Fall.
"This will be a new experience for us," Mr. Bayles said. "We don't know as yet how much it will cost, how many men it will take, or how long it will take to remove the floor as this will be our first effort."
'Mr. FORMAL' looks
Serving K.U. "GREATS" for 60 Years
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MEET THE AUTHOR
PROFESSOR KLAUS BERGER Chairman, Department of Art History
This work previously published in German (1953) and French (1954)
author of GERICAULT AND HIS WORKS
Published by University of Kansas Press—publication date: March 15, 1955
Meet Professor Berger at the STUDENT UNION BOOKSTORE Tuesday, March 15, 4:00 p.m.
Previous Books by Professor Berger Gericault: Drawings and Water colors (1946) French Master Drawings of the 19th Century (1950)
REFRESHMENTS SERVED PUBLIC INVITED