Illinois News Index

McHenry Plaindealer (McHenry, IL), 17 Aug 1979, p. 21

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OyJohn ft. Dlock Illinois Director of Agriculture Montmi Will Open Aug. 29 Health Tip Q. With the prices of farm land increasing at a far greater rate than are the returns from the land, inheritance taxes are putting the farms of fathers beyond the financial reach of their sons. Is the government going to put an end to the family farm? N. Behrns, Dieterich, 111. A. You are not alone in your concern. Just recently, I took a resolution on estate taxes to the National Governors conference on behalf of Governor Thomp­ son. In the version which passed, the governors said they "are deeply concerned about the accelerating loss of family farms caused by estate tax liabilities that are based on speculative value rather than upon the actual earning capacity of such land. Section 2032A wlflie Internal Revenue code provides that for estate tax purposes, real property used for farming shall be valued according to its actual use rather than its potential value for other uses. In recommending this provision, the House Ways and Means committee specifically states in its report (94-1380) that it would be unreasonable to require that the "speculative value" be included in an estate with respect to land devoted to farming or closely held business. The Internal Revenue Ser­ vice, however, is proposing regulations that would limit application of section 2032A to those cases where there is direct and immediate com­ petition for such other uses as residential, commercial, or industrial development. By refusing to recognize speculative pressures that have escalated farmland prices in areas not subject to develop­ ment for other uses, the proposed regulations would, in effect, bar the application of section 2032A to the majority of farm estates in this country. The National Governors' association urges the Internal Revenue Service to modify this proposed regulation to reflect congressional intent that section 2032A apply to farmland affected by speculative pressures as well as to land under pressure for immediate developmenF." I believe the governors are absolutely right. Taxation of agricultural land must be based on its value in production agriculture. To base taxes on speculation is to toy with the very basis of the greatest food producing machine in the history of mankind. Our nation and our world cannot afford that. Montini Catholic schools will begin the 1979-80 term Wed­ nesday, Aug. 29, at 8:50 a.m. The first day will be shortened, with dismissal at 11:45 a.m. The buses will run the first day and no lunch will be served because of the early dismissal. Beginning Thursday, Aug. 30, and thereafter, the school day will be from 8:50 a.m. to 3:30 p.m. the hot lunch program at the Middle school will begin Tuesday, Sept. 4. Registration day will be Tuesday, Aug. 28, from 9 a.m. to 4:30 p.m. at both buildings. Parents are asked to come on this day to pay the book rental fee, pick up their child's schedule, and meet the teachers. Bus passes will be available that day at the Middle school only. Parents who have not yet registered their children may do so on registration day, Aug. 28. SECTION 2 - PAGE 1 - PLAIN DEALER • FRIDAY, AUGUST, 17,1ITI ment could be saved through association is an uncomfortable y the person does not necessarily pressure, squeezing, fullness or ' • • • • Some prophets afre without honor unless they toot their own horns. . What would do if someone near you had a heart attack? Most people simply watch in horror and frustration. Yet, according to the American Heart association, many of the 350,000 heart attack victims who die each year before reaching professional treat- "f" 'pill; simple knowledge and prompt action. Knowing the signals of a heart attack and have a predetermined action plan are steps every person should take to be ready in an emergency. The most common signal identified by he Heart pain in the center of the chest behind the breastbone which may radiate to the shoulder, neck or arms. It need not be severe. There also may be signs such as sweating, nausea, shorteness of breath or a feeling of weakness. However, have to have all the signals before action is taken. If the signals persists for twp minutes or more, (1) call the emergency rescue service, or(2) get to the nearest hospital emergency room which offers 24-hour cardiac care service. CROSSWORD PUZZLE w- ^npii «** svofc* U S I ACROSS 1" -theKnife" 5 Church vestments 11 Moslem prayer call 12 Take away 13 Carry 14 Adorned 15 Virginia -- 17 Sumatran ape 18 "Wait Till You See -- " 19 " -r Way You Want Me" 29 Asian holiday 21 Give off 23 Starting point 24 Alias Miss Brooks 28 Paces 27 -- cutlet 28 Sound the bell 29 Santa's helper 30 Nigerian tribesman 31 Invalid's - food 34 Moroccan mountain range 35AKlugman co-star 37 Approached 39 Lake port 40 Fly a plane 41 Spirit lamp 42 -- and Loewe 43 Colored . DOWN 1 Counterpart 2 Venerate STypeof reception 4 Patellar region 5 Heraldic color 8 Adjective for Hood's men 7 " -- sucker for..." 8 Eliot play, with "The" 9 Himalayan high spot 10 Tranquilizes 18 Suffering T O D A Y ' S ' A N S W E R 6J&HE Ee]U!E£U fllilUfeJ feJUGUEfl BWGHdEE EDE EBE SHB a&E C'rjKCiES feJUKO HtlEUCQ KlEEim v " • ' * , s SgJ ^jjjl 22 Brooks 28 Stock or exchange Blanc member 23 French 38 Mountain dance crest 2| Of the 32 Set infernal straight regions 33 Entreat 25 Take 36 Legal over for document 28 Thug 38 Operated C.J. LIIDFORD DDS is pleased to announce the opening of his practice for . GENERAL FAMILY DENTISTRY AT , HHMI 1324 N. RIVERSIDE DR. 365-1360 i Spearfish, S. Dak., experi­ enced a phenomenal 49° change in temperature in January 1943, when the thermometer rose from minus 4°F to 45° F in two minutes. LIMITED TIME ONLY 50% OFF AUGUST 18 & 19 * v /J* ? ' # SS&SS*1J&tjSk % 50% off the original retail price will be given on your purchase of your second Karastan Area Rug, any size, any pattern, any color, when you purchase from our stock any 6 x 9 or 9 x"1-2 area rug this weekend from Karastan tt & o 0 BURKART 0LDSM0BILE ANDGMC TRUCKS fixoud to announce, tfie. afifioLntment of Mr. Ralph Munson as their new truck man­ ager. Mr. Munson comes to us with 20 years experience in the automobile and truck field, including all aspects in sales, financing, and insurance. Mr. Munson welcomes all of his many friends and customers to stop in and see him, or call him at his office or home. He will do everything possible to help you with your new or used ear or truck. ^fione. -- OFFICE (815) 943-4007 HARVARD (HOME) 385-7673 McHENRY WSvenWoods wftth a hand-loomed loolfe 30% OFF ^al« Ends Aug. 24th The Joanna Classic Collection of Woven Woods is the perfect way to satisfy today's decorating needs. Using yarns with the natural look of cotton, linen, hemp and jute, and combining them with the important colors in decorating--the pastels, the new greens, the golds and high-style navy blues and grays, these Woven Woods are especially suitable in today's functional, easy-to- live-with casual decors. And, only Joanna offers them in 30 unique patterns. ^ 4>'20 W. RTE. 120, McHENRY, ILL. (ftob'A QolohA of aM&zMtnty. 385-1116 on the great Karastan oriental design rugs / Truely an unbelievable offer-50% off your second Karastan Area Rug when you pur­ chase the first from our stock. Due to the tremendous value of this offer, it is for August 18th & 19th only, all sales are final and the second area rug must be paid for before an order can be placed. No cancellations will be allowed and delivery can take up to 2 to 8 weeks. Don't miss this truely once in a lifetime offer ~ Start a family tradition today and invest in a Karastan. For a limited time, all of our stock Karastan's famous rug patterns are available at these special low prices! Kirman, Sarouk, Bokhara, and the other traditional designs... each woven of fine imported worsted wools, skein-dyed, washed and buffed to an antique lustre. Come in to see these beauties... it's the opportunity you've been waiting for! Don't miss it! There's really nothing like a Karastan! Store Hours: Monday, Thursday and Friday 9:00 to 9:00 Tuesday, Wednesday, Saturday 9:00 to 5:00 Sunday 12:00 to 5:00 ; . CARPETS & AREA RUGS 200 Washington ( TLl(Woodstock, Illinois (815)3381000 663 Villa ( I Stock ( o» Rt ?i on 8MS th ?0 | Elgin, Illinois (312) 697-2600 2020 East New York St . ( Showing Cont«» SS (Aurora, lllinois(312)8984900 1 tftm Mtitfsxt \

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