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1 ' ' T- - : " : c ' . CIETY i i : r: v v j? . C AU ' 51 , . 65201 bl. 12- 55-- 74 Schools m seek 19- ce- nt tax rate hike By Gfnny Hilton Bfissoariaa staff writer A 19- ce- nt increase in the school tax rate win be submitted to Colombia voters Nov. 2 along with a proposal to provide free busing for all students living at least one- ha- lf mile ( J kilometer) from school, the school board decided Thursday night The board spurned a counter-proposal by Ed Bartolacd, 4610 Mexico Gravel Road, a leader of the movement to expand the free bus service. His new plan called for a nine- ce- nt tax rate increase and a one- mil- e ( 1 6- talom-eter) limit for free busing Another alternative, submitted by board member Charles St John, called for a nine- ce- nt tax rate increase to be placed before the voters prior to the Nov 2 election. The proposition also included free busing for seventh through ninth grade students living two miles ( 3.2 kilometers) or more from school. He said the cost of busing these students would be approximately two cents of the nine- ce- nt rate increase. The other seven cents would be allocated to the teachers' fund and to the incidental fund. St John said the purpose of his counter- propos- al was to solve the major problem of transportation and raise some money for quality education, too He said that Jim Ritter, administrative assistant and former director of pupil transportation, advised him that the areas between two and 3V4 miles ( 3 2 and 5 6 kilometers) from school were the danger zones for children. The board decided to discuss St John's proposal again before Nov 2 Members said they will talk again, too, about a major tax increase similar to those rejected earlier this year. Bartolacci said the free busing group plans to support both propositions on the Nov 2 ballot The two propositions are separate questions, according to board President Ray Lewis One proposition could fail and the other win The first requests a free busing limit of one- ha- lf mile ( 8 kilometer) The second asks for the 19- ce- nt tax rate increase with the money to be used specifically for transportation costs Marsha Connor, 1301 Fairview Lane, questioned the district's figures for the cost per student with the one- half- m- ile ( 8- kilo-meter) limit Board members said they felt Mrs Connor's questions were directed at their integrity Oglesby said he understood her questions to mean that someone on the board had contacted R. W Harmon and Sons requesting an estimate of a higher rate per student per day in order to assure the failure of the busing resolution Mrs Connor also asked the board to itemize and explain what it is doing to build the board's credibility. She said many of the persons signing the petitions said they would not vote for a tax increase if the board did not say what the extra money would be used for Bartolacci said the group, however, had never attacked the board's credibility " Blame it on Richard Nixon if you will," he said, " but because of him, you still need to establish credibility " Credibility, he said, is necessary on the board's part for the free busing group to win its proposition Lewis said it is impossible to itemize expenditures on a ballot. " I defy anybody to show me how it could be done," he said Spokesmen from the League of Women Voters and the Columbia Community Teachers Association said they will support any tax rate increase for the prevention of further reductions in the quality of education St John was the only board member not voting for the resolutions " We need funds," he said " We need them for transportation and other things, and we need them now " He said he opposed the resolution earmarking the funds gamed from the tax rate increase specifically for transportation because the district had other things the money should be put into In town today I 7: pan. The play " Bring It All Back Home," Thursday through Saturday, Gentry Hall, University. 8 pan. High school football, Rock Bridge vs. Mexico, Hickman Field Exhibits Continuing: Columbia Art League, Robert Kabak, paintings; Mary Benjamin, Farah Nieuwenhuizen, ceramics and jewelry; Betty Robins Gallery, Lois Mikrut, watercolors, 10 15 a m. to 3: 15 pan ; Columbia Gallery of Photo- gragb- y, photograghs by Abigail Heyman, 9 aan. to 5 pan. weekdays; University Fine Arts Gallery, Professional Design Exposition, 9 aan. to 3 pm , Columbia- - College Art Gallery etchings by Rembrandt, 8 a. m. to 10 pan. weekdays; Columbia Gallery of Photography, photographs by Peter Miller and Jim Hill, 9 aan. to 4 p m Davis Art Gallery, Stephens College, lithographs, paintings and drawings by the late Albert Chnst- Janer-, 8 aan. to 5 pan. EGis Library, Italian Baroque Drawings and Textiles rhrough Two Millenia, 2 to 5 pm. Columbia Public Library, photo-graphs by Jeff Mintz, 9 a m. to 5 pan. I See Page 15for movk listings 5 I Low profile gives way to new role ByFoxButterfkld N. Y. Times Service HONG KONG After several years of keeping a low profile, the Chinese armed forces suddenly are being given heightened public attention again and could play a key rote in lbs struggle for succession te'Cfeairman Mao Tse- Tun- g, analysts herebeueve Last week, in an unusual move that apparently signals an increased role for the 3.5- mfllian- n- ian People's Liberation Army, the Party Military Commission was named along with the Party Central Committee and the government as co- auth- or of the message announcing Mao's death to the Chinese people Strictly speaking, the Military Commission is subordinate to the central committee. The anny's new prominence began m July, after thousands of soldiers were dispatched to the earthquake- devastate- d city of Tangshan to lead in the relief work and prevent lootings. The army had been in some disrepute since 1972 when Lin Piao, then minister of defense, allegedly tried to assassinate Mao, and some senior commanders were implicated in the plot Lin reporteffly died In a plane crash in Mongolia trying to escape. There have been indications that the military commission, composed of senior party leaders involved with the army and top generals, held an important series of meetings this summer, possibly knowing that Mao was near death. Mao's departure and the ouster last apnrsg oLDeputy Premier Teng Hsiao- Pfo- g leave thearmy without much of its mm" tiuii top Vili viiip Mao was chairman of tbeaaMSaty commfaskin and ownmander in ctJrf of the army. Teng wasdnef- ofota- ff of the army. There is also aacetfaiaiy over several other posts. The soinister of defense, 7S- yero- ld Yen Craen- Yin- g, has been in poor health. Audit is not known whether the new premier, Hua KuoFeng, and theaecond ranking man in the ? arty, Wang Hnng- we- n, are members of the military commission. Chang Own- Chia- o, who along with Boa, Wang and Yefa is the fourth surviving member of the stanitting csmndttae of the party poBtburo, was reported last year to be head of Use anny's general political department. Bat bis position has never been pohbdy cmuiiiiBWi. Hua's position is particularly SeetflLTTAEY. Paseli) 68th Year No. 304 Good Morning! It Friday. Sept. 1 7, 1976 16 Pages 15 Cents ' IfLasLBssssHBLsssssssllalaaHalafe MHaBBaHaaaflBBBaBaBk aBflBBBBBBBSSBBBBBSBBSSBBBBBSSm. ... SHBBBBBBBaBaBBaaBaBMaHaBaaBBBBBBBBBBaBaBBBBBBBB W? . v a HbbbSHBb1KBIBbbbHb1bb BsCHHRBfiD iJIIIMMH fliSBBBBlaBBBBBBBaaaHBBBBBB HJBBHHHnaGaHnaaaBSnaHBH fiHflLlBaaaflflaaaaaaanaaaaBBaaaaaainaanawllH EMIBHHHIKKH mtKKBKBKtmfstiisBB . bbbbbEsu& j& Sbbbbbbbbbbbbi BHtMgjB& nHRS BBw9flH BflBBBBBMBBBBHBBflBBBBBBBwHBflBRlBB i -- stfttilBMBBBBBBBBBBBmlBMaBBBBBBal BBHHBBBH9Em1ib flHilHflHHHBtBannaai9fllin9 ' LBIHlBnaalBaaaBBBaaBnaBaanaw'"' 4BBBBBBBBBBB9BBBBBBBBBBBBBBBBBBn! BBBBBBBBBBBBBBB H BLiBBk kPJsa4UK7 9 aHBflBBBBBBBB& HKBBBBBBBBBB Two members of the Hickman WBBBbBSBSSBBKBBB High School marching band WBBmSBBSBmKBKBBBmS appeared to be having EBBsmB! BBKmEEBK$ BBSm problems with last- minu- te HBHbHBHbH1HHHHbHHH& adjustments of their hats mHBrnBtUBBBBBSHBMBSBBBM before Thursday mBBBUBBBBUBBBBBSB practice. David Wilkerson, BBBBBIBBkIBBBIBbBBIBBBB above, Ewing Ford, right, and lBBBBBBBBBBBBBBMBBSBBM the rest of the band members fjBBSBBBBBBiSmM are tuning up for the Kewpies BBBBIBBBBBBBBBsiBBt first home football game HIHHiHBBJBBB Friday night. ( MissQurian BHttUKBBmHBRBBM photo by Joyce Huelsman) HHBn9BflBHBfl& nHnHnLnaBHii Bond seeking more U. S. aid By Rick Stoff, Christa Wilm, andDonitaRay Missourian staff writers Gov Christopher S Bond Thursday requested additional federal aid for 44 drought- stricke- n Missouri counties, including Boone Bond asked President Ford to declare an emergency in Missouri to qualify more than 64,000 farmers under a supplemental feed aid program Bond previously requested aid for 45 counties under a program providing small loans for farmers, and the President has issued declarations for 36, including Boone John Harvey, a farmer program specialist with the Columbia office of the Farmers Home Administration, said the loans would be issued for the amount of drought loss a farmer could not cover from other sources They would be repayable within seven years at 5 per cent interest The new aid request is for authorization for Missouri to participate in a federal program which grants farmers and ranchers subsidies to transport hay, forage, grain and other feeds to livestock, or to transport ufestock to better sources of feed and water Paul Ward of the Kansas City office of the Federal Disaster Assistance Administration explained the program as it now operates in North Dakota, Minnesota, and Wisconsin when the state Agricultural Conservation and Stabilization Commission emergency board met here Thursday In those states the government is paying two- thir- ds of the cost of transporting hay and cattle, with the other one- thir- d being paid by the farmer, Ward said " The government doesn't get involved in buying hay or transporting it It makes availability lists, and the buyer makes his own ( See MISSOURI, Page 16) Campaign finance law valid pending appeal JEFFERSON CITY AP) A court decision declaring Missouri's Campaign Finance and Disclosure law unconstitutional was modified here Thursday to allow most of the law to remain in force while an appeal of the unconstitutional declaration is being considered At the request of the state attorney general's office, Cole County Circuit Judge Byron Kinder issued an order allowing the campaign reporting law to remain m effect pending an appeal to avoid any confusion Kinder had issued a decision Wed-nesday, throwing out the entire law. and replacing it with the old Corrupt Practices Act The judge continued his injunctive order, however, preventing the Missouri Elections Commission and the attorney general's office from seeking any criminal or civil penalties against those accused of violating the law Otherwise, the statute, which was approved by voters by almost a 4-- 1 margin in 1974, will remain in effect Kinder's modification means that candidates in the Nov 2 general election will still be required to report their campaign contributions and expenditures Board asks city to buy power from Sikeston By David Firestone Missoarian staff Wtiter The Water and light Advisory Board recommended Thursday that Columbia sign an agreement with the City of Sikeston, Mo , to buy electricity from Sikeston's proposed power plant The" board's action was taken in an effort to buy tune and reduce the city's dependence on Union Electric Co., which is the city's sole outside supplier of electricity The City Council is expected to act on the recommendation at its meeting Monday night If the council votes to authorize a contract, the next step would be made by Sikeston, which must inform the city of bow much electric power would be available for purchase Sikeston, a town of about 14,000 persons in the Missouri Bootheel, presented its plans to build a $ 150 million coal- fire- d plant to the board in August Since the town cannot use all the electricity the plant would produce, it has offered to sell some of its electricity to other Missouri communities Before the town can decide how big to build the plant, however, it must receive a commitment from Columbia, the largest of the potential buyers Charles Moreau, a Water and Light Department official, said such a commitment which is what the board recommended, is retractable, but he does not think the city would back down from such an agreement once it is reached. The primary reason for the city's interest in Sikeston's proposal is a desire to decrease the city's dependence on UE for electricity In a report to the board, Water and Light Director Jim Lundsted listed five advantages of buying power from Sikeston It would eliminate UE as the city's sole supplier of outside power, thus improving Columbia's bargaining power with the company The city would have tune to assess the future fuel situation " It may be to Columbia's advantage to consider additional coal generation in the 1980s," the report said The city would have a voice m the operation of the plant something it does not have with UE Since Sikeston says it plans to own its coal field, its fuel costs would be protected from inflationary pressures often brought by coal companies The city could save money by buying surplus power in off- pea- k months, and " banking" it for use at a later date Lundsted said, however, it appears likely the cost of regular power from Sikeston would be close to that of UE Tax- c- ut hill benefits middle-- income families WASHINGTON ( UPI) Congress Thursday sent President Ford the first major tax law revision in seven years, continuing tax cuts, curbing some shelters, increasing the minimum tax and changing hundreds of other breaks ranging from child care to retirement income. In separate action, the Senate also approved a system of tax credits for parents to help with college tuition costs despite warnings it would drain f3L3 billion in revenues over five years. The Senate passed the tax bin 83 to 2 shortly after the House approved it 383 to 26. Ford is expected to sign the bUL The House has yet to approve fl college tuition tax proposaL In general, the major bin would reduce the tax liability of the average middle- inco- me American at least a little through such devices as an expanded child care tax credit for working parents of any income level, a more generous retirement income credit and the extended tax cuts As income rises into the upper brackets, however, taxpayers in general will find many shelters and loopholes tightened, although some new ones are opened and taxes on large estates are significantly lowered For industry, the results are mixed. Corporate tax cuts and the 10 per cent investment tax credit are extended, and some industries such as railroads gam valuable new tax breaks Overall, the bill raises $ 1 6 billion in new federal revenue in 1977, falling to a little less than $ 1 billion a year over the next four years as estate and gift tax reductions come into play. One of the final battles of the bill was whether to approve a provision in the estate tax section that could cost millions of dollars to the heirs of wealthy estates This provision will require that capital gains tax be paid on the increase in value of an estate during the lifetime of a property owner, if the estate is sold by heirs Only the increase in value after Dec. 31, 1976, would be recognized, however, softening the blow for a number of years Under present law, tax is paid only on the increase in value from the date of death Here are some of the main provisions: Tax cuts for both individuals and businesses are extended through 1977, with the increased standard deduction made permanent The minimum tax on the wealthy who pay little or no regular tax is increased and applied tomore people Quid care expenses necessary for both parents to work are allowed as a tax credit with a saving of up to $ 800, even if deductions are not itemized. Tax shelters are curbed in real estate, farming, od and gas, movies, sports franchises, equipment leasing and other enterprises The sick pay exclusion is repealed except for a deduction of up to $ 5,200 a year for those permanently and totally disabled. Housewives would be allowed to share in then husbands' individual retirement accounts for those whose companies have no pension Action on the tuition proposal came shortly before the Senate took up the compromise tax reform bilL from which Senate and House negotiators dropped a similar tuition tax credit provision. The program would provide a full tax credit for the first $ 100 paid for tuition costs in 1977 and rise to $ 250 by 1980 and thereafter The program would not go into effect until next July 1.
Object Description
Title | Columbia Missourian Newspaper 1976-09-17 |
Description | Vol. 68th Year, No. 304 |
Subject |
Columbia (Mo.) -- Newspapers Boone County (Mo.) -- Newspapers |
Coverage | United States -- Missouri -- Boone County -- Columbia |
Language | English |
Date.Search | 1976-09-17 |
Type | Newspapers |
Format | |
Collection Name |
Columbia Missourian Newspaper Collection |
Publisher.Digital | University of Missour Library Systems |
Rights | These pages may be freely searched and displayed. Permission must be received for distribution or publication. |
Contributing Institution |
State Historical Society of Missouri University of Missouri--Columbia. School of Journalism |
Copy Request | Contact the State Historical Society of Missouri at: (800) 747-6366 or (573) 882-7083 or email contact@shsmo.org. Some fees apply: http://shsmo.org/research/researchfees |
County |
Boone County (Mo.) |
Description
Title | Full Page |
Date.Search | 1976-09-17 |
Type | page |
Contributing Institution |
State Historical Society of Missouri University of Missouri School of Journalism |
Copy Request | Contact the State Historical Society of Missouri at: (800) 747-6366 or (573) 882-7083 or email contact@shsmo.org. Some fees apply: http://shsmo.org/research/researchfees |
Item.Transcript | 1 ' ' T- - : " : c ' . CIETY i i : r: v v j? . C AU ' 51 , . 65201 bl. 12- 55-- 74 Schools m seek 19- ce- nt tax rate hike By Gfnny Hilton Bfissoariaa staff writer A 19- ce- nt increase in the school tax rate win be submitted to Colombia voters Nov. 2 along with a proposal to provide free busing for all students living at least one- ha- lf mile ( J kilometer) from school, the school board decided Thursday night The board spurned a counter-proposal by Ed Bartolacd, 4610 Mexico Gravel Road, a leader of the movement to expand the free bus service. His new plan called for a nine- ce- nt tax rate increase and a one- mil- e ( 1 6- talom-eter) limit for free busing Another alternative, submitted by board member Charles St John, called for a nine- ce- nt tax rate increase to be placed before the voters prior to the Nov 2 election. The proposition also included free busing for seventh through ninth grade students living two miles ( 3.2 kilometers) or more from school. He said the cost of busing these students would be approximately two cents of the nine- ce- nt rate increase. The other seven cents would be allocated to the teachers' fund and to the incidental fund. St John said the purpose of his counter- propos- al was to solve the major problem of transportation and raise some money for quality education, too He said that Jim Ritter, administrative assistant and former director of pupil transportation, advised him that the areas between two and 3V4 miles ( 3 2 and 5 6 kilometers) from school were the danger zones for children. The board decided to discuss St John's proposal again before Nov 2 Members said they will talk again, too, about a major tax increase similar to those rejected earlier this year. Bartolacci said the free busing group plans to support both propositions on the Nov 2 ballot The two propositions are separate questions, according to board President Ray Lewis One proposition could fail and the other win The first requests a free busing limit of one- ha- lf mile ( 8 kilometer) The second asks for the 19- ce- nt tax rate increase with the money to be used specifically for transportation costs Marsha Connor, 1301 Fairview Lane, questioned the district's figures for the cost per student with the one- half- m- ile ( 8- kilo-meter) limit Board members said they felt Mrs Connor's questions were directed at their integrity Oglesby said he understood her questions to mean that someone on the board had contacted R. W Harmon and Sons requesting an estimate of a higher rate per student per day in order to assure the failure of the busing resolution Mrs Connor also asked the board to itemize and explain what it is doing to build the board's credibility. She said many of the persons signing the petitions said they would not vote for a tax increase if the board did not say what the extra money would be used for Bartolacci said the group, however, had never attacked the board's credibility " Blame it on Richard Nixon if you will," he said, " but because of him, you still need to establish credibility " Credibility, he said, is necessary on the board's part for the free busing group to win its proposition Lewis said it is impossible to itemize expenditures on a ballot. " I defy anybody to show me how it could be done," he said Spokesmen from the League of Women Voters and the Columbia Community Teachers Association said they will support any tax rate increase for the prevention of further reductions in the quality of education St John was the only board member not voting for the resolutions " We need funds," he said " We need them for transportation and other things, and we need them now " He said he opposed the resolution earmarking the funds gamed from the tax rate increase specifically for transportation because the district had other things the money should be put into In town today I 7: pan. The play " Bring It All Back Home," Thursday through Saturday, Gentry Hall, University. 8 pan. High school football, Rock Bridge vs. Mexico, Hickman Field Exhibits Continuing: Columbia Art League, Robert Kabak, paintings; Mary Benjamin, Farah Nieuwenhuizen, ceramics and jewelry; Betty Robins Gallery, Lois Mikrut, watercolors, 10 15 a m. to 3: 15 pan ; Columbia Gallery of Photo- gragb- y, photograghs by Abigail Heyman, 9 aan. to 5 pan. weekdays; University Fine Arts Gallery, Professional Design Exposition, 9 aan. to 3 pm , Columbia- - College Art Gallery etchings by Rembrandt, 8 a. m. to 10 pan. weekdays; Columbia Gallery of Photography, photographs by Peter Miller and Jim Hill, 9 aan. to 4 p m Davis Art Gallery, Stephens College, lithographs, paintings and drawings by the late Albert Chnst- Janer-, 8 aan. to 5 pan. EGis Library, Italian Baroque Drawings and Textiles rhrough Two Millenia, 2 to 5 pm. Columbia Public Library, photo-graphs by Jeff Mintz, 9 a m. to 5 pan. I See Page 15for movk listings 5 I Low profile gives way to new role ByFoxButterfkld N. Y. Times Service HONG KONG After several years of keeping a low profile, the Chinese armed forces suddenly are being given heightened public attention again and could play a key rote in lbs struggle for succession te'Cfeairman Mao Tse- Tun- g, analysts herebeueve Last week, in an unusual move that apparently signals an increased role for the 3.5- mfllian- n- ian People's Liberation Army, the Party Military Commission was named along with the Party Central Committee and the government as co- auth- or of the message announcing Mao's death to the Chinese people Strictly speaking, the Military Commission is subordinate to the central committee. The anny's new prominence began m July, after thousands of soldiers were dispatched to the earthquake- devastate- d city of Tangshan to lead in the relief work and prevent lootings. The army had been in some disrepute since 1972 when Lin Piao, then minister of defense, allegedly tried to assassinate Mao, and some senior commanders were implicated in the plot Lin reporteffly died In a plane crash in Mongolia trying to escape. There have been indications that the military commission, composed of senior party leaders involved with the army and top generals, held an important series of meetings this summer, possibly knowing that Mao was near death. Mao's departure and the ouster last apnrsg oLDeputy Premier Teng Hsiao- Pfo- g leave thearmy without much of its mm" tiuii top Vili viiip Mao was chairman of tbeaaMSaty commfaskin and ownmander in ctJrf of the army. Teng wasdnef- ofota- ff of the army. There is also aacetfaiaiy over several other posts. The soinister of defense, 7S- yero- ld Yen Craen- Yin- g, has been in poor health. Audit is not known whether the new premier, Hua KuoFeng, and theaecond ranking man in the ? arty, Wang Hnng- we- n, are members of the military commission. Chang Own- Chia- o, who along with Boa, Wang and Yefa is the fourth surviving member of the stanitting csmndttae of the party poBtburo, was reported last year to be head of Use anny's general political department. Bat bis position has never been pohbdy cmuiiiiBWi. Hua's position is particularly SeetflLTTAEY. Paseli) 68th Year No. 304 Good Morning! It Friday. Sept. 1 7, 1976 16 Pages 15 Cents ' IfLasLBssssHBLsssssssllalaaHalafe MHaBBaHaaaflBBBaBaBk aBflBBBBBBBSSBBBBBSBBSSBBBBBSSm. ... SHBBBBBBBaBaBBaaBaBMaHaBaaBBBBBBBBBBaBaBBBBBBBB W? . v a HbbbSHBb1KBIBbbbHb1bb BsCHHRBfiD iJIIIMMH fliSBBBBlaBBBBBBBaaaHBBBBBB HJBBHHHnaGaHnaaaBSnaHBH fiHflLlBaaaflflaaaaaaanaaaaBBaaaaaainaanawllH EMIBHHHIKKH mtKKBKBKtmfstiisBB . bbbbbEsu& j& Sbbbbbbbbbbbbi BHtMgjB& nHRS BBw9flH BflBBBBBMBBBBHBBflBBBBBBBwHBflBRlBB i -- stfttilBMBBBBBBBBBBBmlBMaBBBBBBal BBHHBBBH9Em1ib flHilHflHHHBtBannaai9fllin9 ' LBIHlBnaalBaaaBBBaaBnaBaanaw'"' 4BBBBBBBBBBB9BBBBBBBBBBBBBBBBBBn! BBBBBBBBBBBBBBB H BLiBBk kPJsa4UK7 9 aHBflBBBBBBBB& HKBBBBBBBBBB Two members of the Hickman WBBBbBSBSSBBKBBB High School marching band WBBmSBBSBmKBKBBBmS appeared to be having EBBsmB! BBKmEEBK$ BBSm problems with last- minu- te HBHbHBHbH1HHHHbHHH& adjustments of their hats mHBrnBtUBBBBBSHBMBSBBBM before Thursday mBBBUBBBBUBBBBBSB practice. David Wilkerson, BBBBBIBBkIBBBIBbBBIBBBB above, Ewing Ford, right, and lBBBBBBBBBBBBBBMBBSBBM the rest of the band members fjBBSBBBBBBiSmM are tuning up for the Kewpies BBBBIBBBBBBBBBsiBBt first home football game HIHHiHBBJBBB Friday night. ( MissQurian BHttUKBBmHBRBBM photo by Joyce Huelsman) HHBn9BflBHBfl& nHnHnLnaBHii Bond seeking more U. S. aid By Rick Stoff, Christa Wilm, andDonitaRay Missourian staff writers Gov Christopher S Bond Thursday requested additional federal aid for 44 drought- stricke- n Missouri counties, including Boone Bond asked President Ford to declare an emergency in Missouri to qualify more than 64,000 farmers under a supplemental feed aid program Bond previously requested aid for 45 counties under a program providing small loans for farmers, and the President has issued declarations for 36, including Boone John Harvey, a farmer program specialist with the Columbia office of the Farmers Home Administration, said the loans would be issued for the amount of drought loss a farmer could not cover from other sources They would be repayable within seven years at 5 per cent interest The new aid request is for authorization for Missouri to participate in a federal program which grants farmers and ranchers subsidies to transport hay, forage, grain and other feeds to livestock, or to transport ufestock to better sources of feed and water Paul Ward of the Kansas City office of the Federal Disaster Assistance Administration explained the program as it now operates in North Dakota, Minnesota, and Wisconsin when the state Agricultural Conservation and Stabilization Commission emergency board met here Thursday In those states the government is paying two- thir- ds of the cost of transporting hay and cattle, with the other one- thir- d being paid by the farmer, Ward said " The government doesn't get involved in buying hay or transporting it It makes availability lists, and the buyer makes his own ( See MISSOURI, Page 16) Campaign finance law valid pending appeal JEFFERSON CITY AP) A court decision declaring Missouri's Campaign Finance and Disclosure law unconstitutional was modified here Thursday to allow most of the law to remain in force while an appeal of the unconstitutional declaration is being considered At the request of the state attorney general's office, Cole County Circuit Judge Byron Kinder issued an order allowing the campaign reporting law to remain m effect pending an appeal to avoid any confusion Kinder had issued a decision Wed-nesday, throwing out the entire law. and replacing it with the old Corrupt Practices Act The judge continued his injunctive order, however, preventing the Missouri Elections Commission and the attorney general's office from seeking any criminal or civil penalties against those accused of violating the law Otherwise, the statute, which was approved by voters by almost a 4-- 1 margin in 1974, will remain in effect Kinder's modification means that candidates in the Nov 2 general election will still be required to report their campaign contributions and expenditures Board asks city to buy power from Sikeston By David Firestone Missoarian staff Wtiter The Water and light Advisory Board recommended Thursday that Columbia sign an agreement with the City of Sikeston, Mo , to buy electricity from Sikeston's proposed power plant The" board's action was taken in an effort to buy tune and reduce the city's dependence on Union Electric Co., which is the city's sole outside supplier of electricity The City Council is expected to act on the recommendation at its meeting Monday night If the council votes to authorize a contract, the next step would be made by Sikeston, which must inform the city of bow much electric power would be available for purchase Sikeston, a town of about 14,000 persons in the Missouri Bootheel, presented its plans to build a $ 150 million coal- fire- d plant to the board in August Since the town cannot use all the electricity the plant would produce, it has offered to sell some of its electricity to other Missouri communities Before the town can decide how big to build the plant, however, it must receive a commitment from Columbia, the largest of the potential buyers Charles Moreau, a Water and Light Department official, said such a commitment which is what the board recommended, is retractable, but he does not think the city would back down from such an agreement once it is reached. The primary reason for the city's interest in Sikeston's proposal is a desire to decrease the city's dependence on UE for electricity In a report to the board, Water and Light Director Jim Lundsted listed five advantages of buying power from Sikeston It would eliminate UE as the city's sole supplier of outside power, thus improving Columbia's bargaining power with the company The city would have tune to assess the future fuel situation " It may be to Columbia's advantage to consider additional coal generation in the 1980s," the report said The city would have a voice m the operation of the plant something it does not have with UE Since Sikeston says it plans to own its coal field, its fuel costs would be protected from inflationary pressures often brought by coal companies The city could save money by buying surplus power in off- pea- k months, and " banking" it for use at a later date Lundsted said, however, it appears likely the cost of regular power from Sikeston would be close to that of UE Tax- c- ut hill benefits middle-- income families WASHINGTON ( UPI) Congress Thursday sent President Ford the first major tax law revision in seven years, continuing tax cuts, curbing some shelters, increasing the minimum tax and changing hundreds of other breaks ranging from child care to retirement income. In separate action, the Senate also approved a system of tax credits for parents to help with college tuition costs despite warnings it would drain f3L3 billion in revenues over five years. The Senate passed the tax bin 83 to 2 shortly after the House approved it 383 to 26. Ford is expected to sign the bUL The House has yet to approve fl college tuition tax proposaL In general, the major bin would reduce the tax liability of the average middle- inco- me American at least a little through such devices as an expanded child care tax credit for working parents of any income level, a more generous retirement income credit and the extended tax cuts As income rises into the upper brackets, however, taxpayers in general will find many shelters and loopholes tightened, although some new ones are opened and taxes on large estates are significantly lowered For industry, the results are mixed. Corporate tax cuts and the 10 per cent investment tax credit are extended, and some industries such as railroads gam valuable new tax breaks Overall, the bill raises $ 1 6 billion in new federal revenue in 1977, falling to a little less than $ 1 billion a year over the next four years as estate and gift tax reductions come into play. One of the final battles of the bill was whether to approve a provision in the estate tax section that could cost millions of dollars to the heirs of wealthy estates This provision will require that capital gains tax be paid on the increase in value of an estate during the lifetime of a property owner, if the estate is sold by heirs Only the increase in value after Dec. 31, 1976, would be recognized, however, softening the blow for a number of years Under present law, tax is paid only on the increase in value from the date of death Here are some of the main provisions: Tax cuts for both individuals and businesses are extended through 1977, with the increased standard deduction made permanent The minimum tax on the wealthy who pay little or no regular tax is increased and applied tomore people Quid care expenses necessary for both parents to work are allowed as a tax credit with a saving of up to $ 800, even if deductions are not itemized. Tax shelters are curbed in real estate, farming, od and gas, movies, sports franchises, equipment leasing and other enterprises The sick pay exclusion is repealed except for a deduction of up to $ 5,200 a year for those permanently and totally disabled. Housewives would be allowed to share in then husbands' individual retirement accounts for those whose companies have no pension Action on the tuition proposal came shortly before the Senate took up the compromise tax reform bilL from which Senate and House negotiators dropped a similar tuition tax credit provision. The program would provide a full tax credit for the first $ 100 paid for tuition costs in 1977 and rise to $ 250 by 1980 and thereafter The program would not go into effect until next July 1. |