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Hughes Won't Ask for New Tax

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Hughes Won't Ask for New Tax Weather Distribution Ittapentutt «t 7 tm. it if Today frm, Fair today «od tonight MDBANK High netr M. tow tonitht la J8.9OO tews. Some eloudloew tomw- nw, Ugh 2M». Saturday lair MWDtr THtoxM rtiDti-uiT. un Dial SH I-0010 and war/per. luued d»nr, oa dau PD«I<« RED BANK, N. J., THURSDAY, JANUARY 18, 1962 7c PER COPY PAGE ONE VOL. 84, NO, 143 BuK U4 U Mlttoul Plld It Std MlllLni OliicM. Record County Hughes Won't Ask Budget No Tax Increase For New Tax Now Is Forecast By Freeholders Budget Message FREEHOLD — Monmouth County's first $10 million budget was introduced yes- Is Set for Feb. 19 terday by the Board of Freeholders, though county TRENTON (AP)—Gov. Richard J. Hughes says he taxpayers were assured the in- won't call for a broad-based tax in his budget message creased schedule can be accom- next month. plished without an increase in taxes. Asked yesterday at his first news conference since The freeholders said the coun- taking office whether he planned to propose the tax in ty tax rate expected to maintain ~ ' his initial budget message, the 1962 program is 45 cents per $100 assessed valuation com- entatively slated for Feb. pared to 48 cents in 1961. Kennedy 9, Hughes replied: LINCROFT BLAZE Fast action by firemen last night kept a blaze at the Preston A public hearing on the budget "I would say not." will be held Feb. 7 at 2 p.m. House, Lincroft, from spreading beyond the top floor. Firemen from eight com- But his statement did not rule The budget will be advertised out the possibility of the enact- panies fought the fire which routed five families from fhe apartment building. in full in The Red Bank Register Submits ment of a broad-based tax later Jan. 25. this year. Up $639,378 In his inaugural address Tues- Appropriations for 1962 total Budget day, Hughes warned that a broad- $10,159,019, up $639,378 over last based tax may be needed to fi- year. WASHINGTON (AP) - Presi- nance increased state services, House Damaged To help offset the increase the dent Kennedy's first federal budg- particularly in aid to education. freeholders are appropriating et, which goes to Congress today, $650,000-compared to $425,000 is expected to forecast a modest Nebraska is the only other Fire Guts Top Floor of 'Preston House' last year—from surplus moneys. THE LAST CORK — After more than a century, the surplus for the next fiscal year. :late in the nation without either But the principal aid in pre- Armstrong Cork Co. hat ended cork cutting operations Advance indications were that sales or personal income tax. ing (about one-third of the structure), and at LINCROFT - Fire last night gutted the venting a sizable tax increase in the United States. Here, T. M. Anderson, manager he blueprint would predict that Hughes also said he hadn't top floor of the three-story "Preston House" that time damage was estimated at $20,000. which ordinarily would go with he government would be about iecided on whether to ask for on the estate of Mrs. Geraldine L. Thompson, Chief Long reported no injuries. a better than $600,000 increase of the firm'* Keyport plant, inspects the last piece of [500 million in the black over ncreases in present state taxes. Newman Springs Rd., routing residents, of the Volunteers from eight companies fought in spending is the fact that as- cork produced domestically — which marks the and the bookkeeping year that be- 3ut he announced that he plans five apartments in the building.. • the blaze: Old Village Company, Middletown sessed valuations—or the tax base gins July 1. o request an extension of a one- Exactly one year and two days ago, the Village; Lincroft, Belford Independent, Port of an "era" for Armstrong. The Keyport plant is con- upon which the tax is spread- The surplus would be based :ent increase in the cigarette tax same place was damaged by fire. Monmouth, Middletown, River Plaza and two verting its operations to production of plastic prod- rose in the last year by almost n estimates of record-shatter- idopted a year ago and slated Police reported that renovations to the companies from Red Bank. Community Fire $186 million, or better than 10 ucts. ing revenues o( about $93 billion o expire June 30. building, necessitated by the previous (ire, Company, Leonardo, was on stand-by alert. per cent. nd a peacetime spending high ol The additional cigarette tax were completed, and the structure occupied Also assisting at the scene were first aid The new ratable total reflects close to $92.5 billion. j/as put in to start a program again, only about two months ago. squads from Lincroft, Fairview and Red Bank. new industrial and residential Change at Keyport Plant Such an optimistic forecast of :o build new state institutions. A , CONTINUE INVESTIGATION , Neighbors, as well as personnel from construction, and the results of more federal intake than outlay jond issue to pay for the rest Cause of the blaze has not been> deter- Christian Brothers Academy, helped cart fur- reassessments now being com- presumably would be based on jf the program was approved mined. niture and other belongings out of the build- pleted throughout the county. The last November. The total tax on Fire Chief Norman Long said this morn- ing, and provided overnight lodging for the expectations of continued pros- revised assessments will bring perity and favorable congression- cigarettes is now seven cents a ing the department is continuing its investi- displaced families. all properties in line with the Cork Cutting— al action on another White House pack, gation, and that his report will not be filed The building is 61 years old and has 24 legal requirement that all prop- request for higher postal rates. Hughes told newsmen he .» try- with police until possibly tomorrow. rooms. erty be assessed at true value. ing to make ends meet without Although he would give no estimate of Although only the third floor was gutted, Salary Increases Every bud£et since 1959 has rested, in part, on proposed in- resorting to tax increases. damage, the fire a year ago destroyed ap- the chief reported extensive smoke and water The freeholders said a major Yields ToPlastics creases in mail charges. And, Turning to other issues, Hughes proximately the same percentage of the build- damage to the first two floors. part of the higher budget is be- KEYPORT - After more In addition to the plastic each time, Congress has side said he hopes to meet with legis- caus*; of salary increases ior em- than a century, the Armstrong products made in Keyport, tracked the idea. lative leaders on Thursdays in- ployees. Cork Co. has ended cork cut- Armstrong manufactures other Unless this year's request get; stead o[ Mondays. His predeces- Santo Domingo Seethes Again The five board members thorn ting operations in the United packaging materials, resilient a favorable response from Capito sor, Gov. Robert B. Meyner, held selves, under effects of a resolu- States. flooring, building products, and Hill the Indicated surplus wouli Monday meetings before the reg- tion passed last fall, will receive The final cork bottle stop- industrial specialties at other be likely to disappear. ular legislative sessions. $5,000 a year each, or $3,000 more per was produced at the Arm- plants in the United States and Kennedy first publicly set his Hughe's said lie understands Junta Leader Named than last year. strong plant here. abroad. sights on a balanced budget for :nese meetings were hurried and Generally all employees will The firm will now concen- Armstrong has grown into a fiscal 1963 about six months ago. the Thursday sessions may allow By the Associated Press ficial of the Trujillo era, was chief,', 37-year-old Air Force Gen receive raises ranging from $120 trate on manufacturing modern diversified manufacturing and He has ordered subordinates to time to check sentiment on legis- The Dominican Republic's new named to head the junta of four Pedro Rodriguez Echavarria. to $360 a year. The board said plastic products, such as plas- marketing organization with an- keep a tight lid on proposals for lative issues. Junta clamped tight restrictions civilians and three military men it had granted all employees a Washington Comment tic vials, caps and other pack- nual sales of about $300 million. (See BUDGET, Page 2) on the country today with a that deposed the 16-day-old all- (Seo HUGHES, Page 2) In Washington, State Depart- raise equal to at least one step aging materials for the pack- The Company now employs aeries of sweeping decrees de- civilian council of state Tues- ment officials said the junta ap- in the Civil Service schedule and aging industry. more than 17,000 men and algned to stifle opposition to the day night. that where employees had al- peared to be completely under Consolidate Operations women throughout the world. apparent takeover by the mili- But authoritative reports fil- ready-reached their maximums the power of Rodriguez Echavar- Armstrong said it has con- tary. But unrest seethed in San- tering through the strict Domin- their Civil Service classification It has 17 plants in the United ria. They said the Kennedy ad- solidated cork cutting opera- Levitt to Pay Costs to Domingo. ican censorship said the real had been revised to permit an States and more than 50 sales ministration is determined to op- tions at its Spanish and Portu- Huberto Bogaert, a civilian of- strongman is the armed forces pose revival of strongman rule increase.
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