Page 8 University Daily Kansan Tuesday, May 12, 1953
GOP Hopes to Balance U.S. Budget by July '54
Washington—(U.P.)-Republican Congressional leaders were told at the White House today the Eisenhower administration hopes to have national spending and income in balance by July 1, 1954.
They declined to guess whether it will open the way to tax reduction this year.
The report on government spending was given to the GOP Congressional leaders, at the regular weekly White House meeting, by Secretary of Treasury George M. Humphrey.
Senate Republican Leader Robert A. Taft said Mr. Humphrey told them government spending figures are being reduced steadily and a balance is in sight by the beginning of fiscal 1955. That would be July 1, 1954.
It will not mean a balanced budget at the end of fiscal 1954, since spending will exceed income in the early part of the 12-month period. Sen. Taft said.
But Sen. Taft said Mr. Humphrey expressed hope that a gradual reduction in spending, a little less each quarter, will bring spending and income into balance by the end of the fiscal year.
House Speaker Joseph W. Martin Jr., (R-Mass.) said Congressional leaders were "more hopeful about bringing the budget into balance" after hearing Mr. Humphrey, Mr. Martin said Mr. Humphrey's analysis of spending cuts was "far more encouraging" than the GOP lawmakers had been led to expect.
But Sen, Taft said "there still be a deficit by the end of the wear."
On tax cut prospects, Sen. Taft said Mr. Humphrey is not yet ready to speak about that. He said the treasury secretary will give Congressional leaders another financial report next Tuesday.
Sen. Taft said there has been a wide difference of opinion on the amount of revenue the government will get from present levies this year and next. This is an important element to be studied in the possibilities of tax cutting, Sen. Taft said.
Bad Weather Grips Nation
Snow covered portions of the Great Plains and Rocky mountains today, a heat wave gripped the East and tornado alerts were issued for Texas, already battered by two twisters that took a heavy death toll.
Workers recovered 52 bodies in Waco and San Angelo, Texas, and the grim search continued. Since Saturday, the overall death count from violent weather rose to 82.
The total included 10 known dead in the sinking of the ore freighter Henry Steinbrenner yesterday in a gale on Lake Superior. Six others were missing and feared dead.
Tornadoes had hit seven states since Saturday, and the weather bureau issued two more warnings for wide areas of Texas during the rest of the day and early tonight.
Lewiston, Mont., reported three inches of snow, as did Glasgow and Billings, Mont.
Eight persons died in Minnesota during the Sunday night twisters, and one other person was killed in rain storm by a blinding rain and wind storm.
Damage at Waco alone was estimated at $10 million.
Both sea coasts enjoyed generally fair weather today, but showers and thunderstorms were scattered through the Midwest.
Pope Calls for Peace Meeting
Vatican City —(U.P.)— Pope Pius XII called today for a conference of big world powers as an "indispensable first step toward assuring world peace." He expressed hope they would get together for "frank" discussions.
Clark Delivers New Peace Plan
Pamunjomjun-U(R,P)-Gen. M a r k Clark flew to the Allied camp at Munsan today and handed his chief truce negotiator a new Washington-approved plan to break the Korean armistice deadlock.
Gen. Clark said the new Allied offer, a counter-proposal to the Eight-point plan submitted by the Communists last Thursday, would be presented to the enemy "shortly—and I used the word advisedly."
The United Nations supreme commander in the Far East reached the Munsan camp late in the afternoon after leaving his headquarters in Tokyo with the counter-proposal for disposing of Chinese and North Korean war prisoners who refuse to go home after an armistice.
He revealed he had the counterproposal when he stopped off at Sebul on his way to Munsan. He said he believed the new formula finally might bring peace.
Clark's announcement came as Red negotiators here argued that the Senate should stop bombers fighting repatriation has nothing to do with the armistice itself.
Instead, North Korean Gen. Nam II, chief of the Communist truce delegation, said the fate of the 48,000 Allied captives who said they do not want to return to Communism must be determined by a political conference organized after the armistry is signed.
Lt. Gen. William K. Harrison had suggested that the reluctant prisoners be freed rather than be turned over to the conference.
Police Call New Yale Riot Just One of Those Things
New Haven — (U.P.)— Some 1,500 Yale students staged a riot early today, throwing beer bottles at police cars, tearing up parking meters, and knocking over street signs. When it was over two hours students had been arrested and one policeman slightly injured.
"It was just one of those Yale riots," a police lieutenant said. "Can't see that there was any reason for it."
Carruth Hall Has Served Many Students, Chancellors
By RON KULL
When Carruth hall is torn down this summer to make way for a new University dormitory KU will lose an old friend. An old friend since 1894.
In 1894 Chancellor F. H. Snow and family moved into the home which is now a hall. It was built at a cost of between $12,000 and $15,000 with money donated to the University by William B. Spooner, a Boston leather merchant and an uncle of Mrs. Snow.
Mr. Spooner had left a legacy of nearly $100,000 to KU. Although the will did not specify how the money was to be used, the Board of Regents and the state legislature decided in favor of a Chancellor's residence and library.
The Spooner library, changed to the Museum of Art in 1940 by Chancellor Deane W. Malot, originally cost $80,000.
When Mrs. J. B. Waktins died in 1939 she left her home to the University to be used as the present Chancellor's residence. The older building was named after William Herbert Carruth, an 1880 graduate of the University and later a professor of German literature at KU.
Carruth hall, first used as a men's
scholarship hall, was later changed to a women's residence hall.
To Decide Fate On Tuttle Creek
Washington — (U.P.) — Kansas asked Congress today to decide their intra-state row over construction of the proposed $87 million Tuttle Creek dam on the Blue river in Kansas.
The issue was whether Congress should restore all or part of a $12.8 million appropriation for the dam. Former President Truman requested the appropriation in his original budget for fiscal 1954. The Eisenhower administration knocked out.
Spokesmen for big cities—including mayors of Kansas City, Kan., Topeka, and Kansas City, Mo. lined up with the proponents in contending the dam was needed for flood prevention.
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