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PAGE4-PLAINDEALER-FRIDAY, FEBRUARY 9, 1973 SBA Gives Priority To Returning POWs-MIAs Robert A. Dwyer, mid- tern regional director of the ril Business administration, announced that "priority attention" will be given by his agency to returning POWs and MIAs interested in entering business. * According to Dwyer, arrangements have been completed to have SBA per­ sonnel available at hospitals at two Illinois military facilities expected to be utilized by the returnees. - Hie facilities are at Great Lakes Naval Training station, north of Chicago, and Scott Air Force base, in the St. Louis area. According to Dwyer, the SBA will provide: 1. Counseling and special conferences concerning factors to be considered prior to entry into business. 2. An explanation of all available SBA programming. 3. Special training, as needed. 4. Arrangement of in­ ternships in specific small businesses. Dwyer said the SBA has made similar arrangements at twenty-nine other military facilities throughout the nation. "This agency will make the full range of SBA assistance programs available to retur­ ning POWs and MIAs who wish to consider entry into business," the director said. "It is emphasized that priority personal attention be given these men." Dwyer reminded that all veterans of the Vietnam period, beginning Aug. 5,1964, now are eligible for new SBA programming. According to Dwyer, these veterans now are eligible for business loans, federal government contracts, and management assistance under SBA programs which previously were restricted to socially or economically disadvantaged persons. "SBA has broadened its directives so that veterans will receive the best possible break as they return to civilian life and enter the business com­ munity," Dwyer said. "They now can take advantage of the most liberal financing programs our agency has." Under the expanded programs, Dwyer said, honorably discharged Vietnam- era veterans now are eligible for: 1. Economic Opportunity Loans (EOL) of up to $50,000 for 15 years at a low interest rate. Criteria for such loans are more liberal than in other SBA lending programs, although the veteran still will be required to satisfy certain credit and character requirements and to furnish reasonable assurance that the loan will be repaid. Such loans are available to veterans who wish to expand an existing business or to establish a new business. As with all SBA loans, the EOL program is predicated on the assumption that the veteran cannot obtain financial assistance through his bank or other normal lending channels at reasonable terms or cannot obtain funds under SBA's regular business loan program. Such a loan also assumes that the veteran does not have sufficient personal financial resources. Applicants may be sole proprietorships, partnerships, or corporations. Where there are two or more principals, the veteran must own at least 50 percent of the business. Inasmuch as the agency considers that proper management is necessary to a successful business, a condition of such a loan may'require that the veteran undertake management training or counseling if it is necessary. 2. Federal Government Contracts, under the SBA program that obtains for small businesses a fair share of purchases made by the government for goods and services. In these contracts, called 8(a) contracts because they are the result of Section 8(a) of the Small Business Act, the SBA obtains from other federal agencies prime contracts suitable for small businesses and subcontracts them to small firms. Once a veteran's firm is approved by SBA as to its financial status and per­ formance capability, the agency then locates and awards contracts that fit the firm's capabilities. 3. Management and technical assistance, from private management consulting companies contracted by SBA to provide such assistance. Dwyer said further in­ formation about the new programming is available from the SBA's offices in Chicago (219 S. Dearborn Springfield (502E. Monroe St.). "Z ! "~*3 , , _ , Skinner Asks For Fo,r Twice Told Tales , fc Legal Farm Assessme BUTTON BARBS SOME GIRLS SKIRTS FORTY YEARS AGO (Taken from the files of Feb. 16, 1933) The question of daylight saving time will appear on the ballot this year and it will be up to the citizens of McHenry to decide whether or not they will have Chicago daylight time during the coming summer season. The question has always created considerable interest in McHenry since it was tried out several seasons ago. It is being considered by neighboring cities more seriously this year because of the Century of Progress ex­ position in Chicago and a uniform time schedule is favored by some communities. Robert Thompson is confined sn~~?rrwL_ t0 h°me with an injured foot which is in a cast because of a broken bone. The injury was done while Mr. Thompson was using a pick at his work at the McHenry Lumber company. Ray McGee, McHenry clothier, has announced his intentions to become a can­ didate for the office of clerk of McHenry township at the April 4 election. Mercury hit 35 below zero, the coldest weather in 34 years. Mrs. F.O. Gans and her son, Frank, and daughter, Mildred arrived home from a three ONLY ROSE Remember her on Valentine s Day ONE DOZEN RED ROSES Flower wood Grown DESIGNER ARRANGED IN VAS ...is often enough. . . . but on St. Valentine's Day you can send elaborate flower arrangements to express your special feelings. Since the beginning of recorded history, people have depended upon beautiful flowers to carry a message of love. Small wonder, for they speak a language instinctively understood. The beauty of flowers clearly says love deep and everlasting. This Valentine's Day, let Flowerwood deliver your message of love. Here are just a few ideas, but they're ideas specially priced for Valentine's Day. --V LOVE BUNDLE f inest , f reshest f lowers professional ly arranged. Just stop in or g ive us a cal l . . .we can send your "Love Bundle" a lmost anywhere in the country . 00 FRANAD 105 Give a gi f t of precious oi ls for exquisi te skin care. . .a Valent ine of cologne and bath oi l beaut i fu l ly g i f t boxed . s4 00 Reg. $9.60 Save $1.65 BLOOMING AZALEA PLANT and FANNIE MAY §i\ CANDY A t ruly outstanding combinat ion. . .a str ik ing Azalea plant and a 1 pound box of del ic ious Fannie May Candy . . .specia l ly pr iced for Valent ine 's Day. £ mats' fN. £ FANNIt" MAY CANDY Reg. $4.50 A happy, happy way to say " H a p p y V a l e n t i n e ' s Day". . .g ive boxes of k i tchen-fresh Fannie May candy. Choose f rom a beaut i fu l and tasty select ion. 1 doz. boxed red roses . . . S 10.00; $ 12.50; *15.00 1 We'll happily send flowers anywhere in your name . . . use your Bankamericard or Master Charge. FREE DELIVERY IN WOODSTOCK and McHENRY AREA 1 OWCI'WCC ROUTE 14 at 176 CRYSTAL LAKE, ILLINOIS FLORIST NURSERY GARDEN CENTER (81 •>) 459-6200 OPEN SUNDAY 9 TO 5 weeks visit with the former's daughter and husband, Mr. and Mrs. Ed Dowling, at Dallas, Tex. W. Carey of McHenry is wiring Mrs. Ida Fisher's farm buildings and house for elec­ tricity in Volo. James Kirwin of Volo died at his home Feb. 12 having been in poor health for some time. TWENTY-FIVE YEARS AGO (Taken from the files of Feb. 19, 1948) Dr. Edward Connor, assistant to Dr. William Gay, Woodstock, veterinarian, reported that a two headed calf was born on the Arthur Iloppe farm West of McHenry. It was necessary to sever the heads at the neck. Mrs. Florence Howe Wray, 61, of Elgin, who lived her early life in McHenry and taught in the local schools, died Feb. 16 in St. Joseph's hospital after an extended illness. As the result of action taken by the board of supervisors all jurors in McHenry county courts will receive $7.50 per day, plus travel to and from home each day. Mrs. C.W. Goodell attended an Illinois State Music Teachers association luncheon in the Lyon and Healey concert hall in Chicago last week. She was appointed chairman of the Illinois Teachers Concert Bureau for 1948. Mrs. Robert Weber and children, Robert and Ann Loretta, visited in Chicago a few days last week where they had the pleasure of viewing Colleen Moore's famous doll house. Dr. Henry Freund, McHenry optometrist, attended the fortieth annual convention of the Illinois optometrist association at the Morrison hotel in Chicago recently. The local O.E.S. enjoyed a valentine party in Acacia hall Feb. 10, following the regular meeting. Valentines were distributed and prizes awarded for the most appropriate poetry and quotations. Mr. and Mrs. Oro Hughes of Danville, 111., announce the marriage of their daughter, Margaret, to Mr. Raymond Steinsdoerfer of McHenry. The double ring service took place at Danville on Jan. 29. TEN YEARS AGO (Taken from the files of Feb. 21, 1963) This is National F.F.A. week when McHenry residents pay honor to the young men who are members of this fine organization. The Future Farmers of America consists of young people who believe that farming and related jobs offer a way of life that is both challenging and rewarding. It was an exciting moment for a young McHenry artists, Mrs. Richard (Lori) Wilhelm, of Main street when Rep. Robert McClory called at her home to select pictures for his Washington office. The one and a half story frame house on the old Page farm, more recently part of the Kelter estate property, burned to the ground Friday evening. The home had not been oc­ cupied several years and was scheduled to be torn down at some future date. Rogene L. Fox of McHenry is one of seven Lake Forest college seniors who completed their degree requirements during the winter term and who will receive their B.A. degree in March. St. Thomas church. Crystal A constitutional amendment and a companion bill designed to allow for the assessment of farm land on the basis of productivity until it is sold was introduced Feb. 6 by State Rep. Cal Skinner, Jr. (R-Crystal Lake). "I am introducing these measures because the present practice of giving assessment breaks to vacant land owners in many counties of less than 200,000 population needs legitimation, if it is to con­ tinue." Skinner, former McHenry County Treasurer and a cer­ tified Illinois assessing officer, said that community interests in smaller counties need fur­ ther protection also. "When a field of corn turns into a field of houses, growing communities are usually unable to meet the resulting costs of school construction without raising taxes. I am proposing extending to the entire state the assessment tax rollback legislation that is now in effect in the largest coun­ ties," he explained. Under Skinner's plan, local assessing officials would carry two figures on the tax books. "The first one would be the the property's fair market value. This is the value upon which all real estate the assessment tax rollback legislation that is now in effect in the largest counties," he explained. pf* locjJ Under Skinner's P^JJj assessing officials bQ°^t he ** D® ,.,1 two figures on the ta J "The first one woul° property's fair mark® ^ This is the value upon real estate assessm®^, now supposed to be ba®*^##^ said. "Much vacant * especially near urbane is worth more than tJ* / according to product^*> fflj Skinner noted that y ̂ » valuable vacant land county is now wor\,^_ $30,000 an acre and is • 0( at less than 5 percent * value. State law requ*r percent assessment. "The second value the value accordiy^jCJ productivity. The to provisions would allow xr forty acres or more n assessed according j'j' lift productivity value Ufl1 soid. Then the property M Koira fA nf lV ' _•#%/ * would have to pay \ en his prj*£y tf»J real value, as indicate^ ference between his Pr Tax Facts Employed taxpayers with child care expenses may get a bigger tax break in 1972, Roger C. Beck, district director of Internal Revenue for Illinois, said. The Revenue Act of 1971 has greatly liberalized the deduction for the care of children, disabled dependents and spouses. Beginning in 1972, taxpayers with adjusted gross incomes of $18,000 or less may be able to deduct up to $400 per month for household and dependent care expenses. You must reduce the deduction 50 cents for each dollar of income over $18,000. For example, a taxpayer with an adjustkl gross income of $20,000 would be limited to $3,800 (the maximum annual deduction of $4,800 less one-half of $2,000), Beck said. To qualify, you must be employed and provide over one-half! the cost of maintaining a household for dependent child under 15, a disabled dependent of any age, or a disabled spouse. For the first time taxpayers can deduct household expenses incurred to permit them to be gainfully employed. For example, amounts paid for the services of a maid, cook or other domestic help\ can qualify, Beck said. Lake, was the setting for a' pretty wedding Feb. 16 which united in marriage Miss Marilyn A. Rooney of Crystal Lake and Mr. Norman R. Freund of Johnsburg with Rev. Raymond Eipers officiating. A very youthful 90 might best describe Mrs. Lena Bohr of McHenry who will observe her birthday anniversary Feb. 25. E.J. Bock of Lakeland Park passed his C.P.A. examination Feb. 14 and is now employed by S.K. Webster, certified public accountants in DesPlaines. one child, $300-for t 'VO or $400 for three °r sale price, and the lowe upon which he had bee'Vi "I call on the farm '1 resP®!^ Illinois to accept the feV°Tf sibility to protect thei farmers by supporting^. ejy% j of these measures. ^.e hof^| successful, farmers a11.*'" ta^ state would find the* ,, increased substantial'* ^ Expenses under ,e W j limits incurred out*1" ctl̂ home for the care ie under 15 (as, for exB&P ' #1% day care center) ****** qualify. These expert®®!*, f(r limited to $200 per ^ ^jdr% !inn (nr tti/O C Jiidf children. However, penses shall not educational expenses for a child in the first of WP grade # Taxpayers who ciain» deduction by the arnoiwf which the total of ihe dent's adjusted gross y and any non-taxable disabil'. payments he receives exceeOT $750. In the case of a disaDia* husband or wife, the taxpty**, must reduce the expenses non taxab le d i s ab i l i t y payments, Beck said. As under the old IWi may not take a deduction fojj payments to anyone who COUW be your dependent. Taxpayers must itemU* deductions in order to clailJJ child care expenses. As with alj itemized deduction you mUSj keep good records and document expenses. "Child Care and Disabled Dependent Care", is now available free at most IRS offices. OIL QUOTAS UP President Nixon increased the 1973 oil import quotas at a level of some 51 per cent higher than 1972. No. 2 heating oil controls were l so suspended fo r t he f i r s t 120 days of this year to lieve the fuel shortage. ON LBJ Lyndon Baines Johnson d ied Janua ry 22nd , l e av ing the Un i t ed S t a t e s w i th no living former President. H« was the fourth U.S.Prealdent to pa s s up a second t e rm,who succeeded to the presid#n» cy du r ing t he 20 th cen tu ry because o f dea th . It's just as deeelicious in February as it is in July ... maybe better!!! 3 PC. DINNER 3 Pc. Chicken, roll, slaw, fries (all dark or white 10c extra) 2 PC. SNACK 2 Pc. Chicken, roll, fries 5 PC. DINNER 5 Pc. Chicken, roll, slaw, fries 10 PC. THRIFT PAK.. 10 Pc. Chicken, pt. of slaw, 1-lb. of fries .$1.45 .$ .99 $2.20 .$4.35 10 PC. THRIFT PAK 10 Pc. Chicken only 43.09 15 PC. TUB w/tt DOZEN ROLLS. 15 PC. FAMILY PAK 15 Pc. Chicken, 1-pt. of slaw, 1-lb. of fries, >4 dozen rolls 21 PC. PARTY PAK Cole Slaw 65c Potatoe Salad 65c H Pint of Above ... 39c Individual 7.25c Fries 1-lb $1.10 Dozen Rolls 55c Coke Oranoe.Grape, Root Beer Sprite..15c-25c Shakes 30c Orange Juice 25c 35c-45c Coffee 15c-20c Milk Hot Chocolate 20c Turnovers-Apple & Cherry 25c mcneils in the McHenry Market Place