Intangible Tax Revision Aims to Fund Municipalities
Lansing reports Governor Kelly urged strengthening Michigan's intangible tax law to guarantee a $24 million annual slice for cities, counties, and villages. The state tax study commission proposed allocating $12 million yearly for two years, with shortfalls covered from the general fund if needed, as municipalities press for sales tax revenues amid a growing state surplus.
MENTIONED IN THIS ARTICLE
Lansing
Kelly
State Tax Study Commission
Michigan
Michigan tax study commission outlines intangibles plan
The commission urged legislative power for municipalities to levy excise taxes and proposed a new intangibles distribution formula based on county population and assessed value. It endorsed five changes including a 5 percent tax rate, no ceilings, a 0.1 percent bank deposit levy at source, and redefining accounts payable. The panel tabled a constitutional amendment to end the uniform tax clause while Governor Kelly held off on state aid talks.
MENTIONED IN THIS ARTICLE
Michigan
Commission
Kelly
Tax Study Commission
Oil Agreement Under Senate Review In Capital
Chairman Connally of Texas convened the Senate foreign relations committee to consider whether the Anglo American oil pact should be treated as a treaty or an executive agreement. Signed yesterday by Acting Secretary Stettinius and Lord Beaverbrook, the document leaves its final form open with possible Senate submission debated.
MENTIONED IN THIS ARTICLE
Connally
Texas
Senate Foreign Relations Committee
Senate
Stettinius
Lord Beaverbrook
Britain
Senate Committee
Oil pact aims to guide postwar world trade and prices
Senator Vandenberg questions adequacy and ratification of a temporary oil pact seen as first in a series on rubber and aviation. The accord envisions full world petroleum supply at fair prices during peace with potential quick sanctions against aggressors. It requires nondiscriminatory trade, promises US Britain support for developing producing nations, and seeks to avoid new oil restrictions. Diplomats target talks with Russia about potential exports up to 150 million barrels annually after the war.
MENTIONED IN THIS ARTICLE
Vandenberg
Michigan
Senate
United States
Britain
Russia
TheSoviet Union
Granges Madison Gorman Woodstock Grange Meeting Plans
Madison Grange will meet Friday night with Mrs. Cyril Rea in charge of the program. Ice cream and wafers will be served by Mr. and Mrs. Carl Tllenden and Mr. and Mrs. Herman Myers. Gorman Grange will meet Friday night and members are to bring or send their wastepaper for the paper drive. Woodstock Grange will hold a regular meeting Friday night and members are to bring waste paper for the paper drive. A potluck supper will be served by Mr. and Mrs. Hugh Harris, Mr. and Mrs. La Vere Wheaton and Minnie Flint.
MENTIONED IN THIS ARTICLE
Granges
Madison
Madison Grange
Cyril Rea
Carl Tllenden
Herman Myers
Gorman Gorman Grange
Fred McClenathen
Forrest Snyder
Floyd Welch
Will Wotring
Clarence Kleidvist
Nesbit
Woodstock
Missing French pilot and author Antoine de Saint Exupery
Rome reports Antoine de Saint Exupery, 44, noted French pilot and author of Night Flight, missing after a mission over southern France. A former mail pilot, his Flight to Arras recounts his May 1940 reconnaissance and his return to duty recently.
MENTIONED IN THIS ARTICLE
Rome
Antoine de St. Exupery
France
Arras
Lois Andrews Plans New York Marriage to Jack Topping
Lois Andrews announces plans to wed Jack Topping in New York this November after divorcing comedian George Jessel. She is visiting with her three year old daughter Jerilynn. Topping is son of John Reed Topping and brother of Dan Topping, husband of Sonja Henie.
MENTIONED IN THIS ARTICLE
Hollywood
Lois Andrews
George Jessel
Jack Topping
New York
Miss Andrews
Jessel
Jerilynn
Topping
John Reed Topping
Dan Topping
Sonja Henie
Gambler's Choice at Family Paramounts Opens Tomorrow
Amusements at the Family Paramounts feature Godef fashion prints and wardrobes portraying New York Tenderloin gambling scenes of the Gay Nineties. Nancy Kelly stars as The Garter Girl with gowns studied by wardrobe designers. A separate item from Monroe reports a backfired Samaritan act near Dundee where Sander Pollock lost $150, coupons, and a driver’s license after hosting two hitch-hikers.
MENTIONED IN THIS ARTICLE
Family Paramounts
Gambler's Choice
Family Theater
New York
Tenderloin
Godef
Nancy Kelly
Beautiful Singer
Chicago
EM Monroe
Weather Forecast For Lower and Upper Michigan
Fair tonight and Thursday with warmer temperatures. Upper Michigan partly cloudy with scattered thundershowers in the west. Thursday remains cloudy with thundershowers in the west and central portions. Tonight warmer on the east with little temperature change Thursday. Highs and lows from recent readings noted. sun set at 8:41 p.m. and rise at 6:34 a.m. Local observations show maximum 90 and minimum 53 with no precipitation overnight.
MENTIONED IN THIS ARTICLE
Lower Michigan
Thursay
Upper Michigan
U. S
First Few Months After War Hardest on Economy Ferguson Says
Senator Ferguson of Michigan warned on the Mu tual Broadcasting American forum that the first months after the war will be the toughest for the national economy. He said once the tooling up period ends the economy can recover if people avoid a low mood and curb spending. Ferguson spoke with Representatives Ramspeck Hall and Murphy about reconversion and factory layoffs amid war work winddowns.
MENTIONED IN THIS ARTICLE
Ferguson
Washington
R-Mich
American Forum of
Mutual Broadcasting Company
Ramspeck
D-Ga
Hall
R-N
Murphy
Michigan
Also Mentioned on This Page
Oakland County
Detroit
Pontiac
Oakland County Lakes
Southeastern Michigan
Stroh
Mich
Rsouth
Vrlus
20Th Century-Fox
Sae Ss At
George Raft
Vera Zorika
Donald Torson Welles
Dietryoy Lt
Ted Lewis
Freddie Slack
ORCH
Charlie Spivak
Louis Jordan
Grace McDonald
Charles Butterworth
Martha O'Driscoll
Charley Grepewin
Elizabeth Pattercop
Regis Toomey
Preston Foster
Victor Mklaglem
Lois Ambrews
Tayloe
FOX News
America
Vera Zorina
Croswell Theater
Lois
Peggy’ S
S. Main St
Columbia Diamond Rings
Columbia
H. L. Judge Quality Jeweler
Adrian
Kline’'S Department Stor
Manchester
Kline
Coca-Cola Company
Coca-Cola Bottling CQ. OF
Jackson
Coca-Cola
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