High Court Rules Stock Dividends Not Income
The Supreme Court, in a 6 to 4 decision, holds stock dividends are not income and not taxable under federal income tax. Provisions of the 1916 law taxing stock dividends are unconstitutional. taxation possible only when stockholders realize gains on sale. Dissenters argue Congress can tax stock dividends and that the Amendment supports broader income tax. Justice Pitney cites that stock distributions involve no asset separation and are merely paper certificates.
MENTIONED IN THIS ARTICLE
Washington, D. C
Supreme Court
Justice Pitney
Justice White
MecKenna
van Devanter
McReynolds
Justice Holmes
Justice Day
Justice Brandsis
Justice Clark
Congress
Brandeis and Clarke
Foreigners Not Safe in Turkey Letter to Times
Harold Buxton argues in a Times letter that sending 50,000 troops to Constantinople won’t ease the crisis until Mustapha Kemal Pasha is confronted. He warns that no European or American is safe in Anatolia as attacks strike English and women and ammunition stores at the Dardanelles are moved inland.
MENTIONED IN THIS ARTICLE
London
Harold Buxton
The
Times
Constantinople
Mustapaha Kemal Pasha
Asia Minor
Cicilia
Oil supply crunch for merchant fleet warned
Franklin K. Lane, former interior secretary, warned that within two years the United States will face a major problem supplying its merchant marine with 50 million barrels of oil per year amid an impending world oil shortage in Los Angeles California.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal
United States
Franklin K. Lane
the Interior
Smokeless America Aim Set by Cigaret League in Chicago
The International Cigaret League plans a smokeless America by 1925, succeeding the anti cigaret league. It targets every Chicago girl with a "clean Life Army" pledge while promoting the slogan Save the girl. Miss Lucy Page Gaston, executive superintendent, says bad habits start criminal careers and urges squelching the cigaret habit.
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Chicago
America
Lucy Page Gaston
World News Highlights Include Rail, War Policies
A 60 million ton coal shortage prompts reestablishment of railway preferential lists by Walker D. Hines in Washington. President Wilson renovates his appearance on his first auto ride in five months. Senate votes to restore free seed distribution and endorses Lodge reservations protecting the Monroe Doctrine. House probes Attorney General Palmer over Louisiana sugar pricing. revenue and policy battles continue. Senate adjusts peace treaty reservations, removing Japan and China mentions. Colby nomination to state secretary postponed. prohibition enforcement act repeal rejected.
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Walker D. Hines
Washington
Wilson
Capital Speedway
Senate Agriculture Committee
House
Palmer
Senate
Japan
China
Bainbridge Colby
Senate Foreign Relations Committee
Domestic Wheat Change and Prohibition Politics News
In Minneapolis flour advanced 25 cents a barrel with standard quality priced at 15.50 per barrel in 98-pound sacks. A Racine saloon raid left one dead and two injured. Bar ney Sekat, 50, proprietor, was killed. Peter W Summers, an American, reportedly kidnapped by Mexican rebels at Salina Cruz. In Indianapolis last day for presidential primary filing as 726 voters backed Governor Edwards and Joe Peak, amid narcotics raid fallout. Judge Sessions freed 15 more Newberry conspiracy defendants in Grand Rapids. 23 dismissed earlier. Major Hugh Caldwell defeated James Duncan in Seattle mayoral race. Rutland Vermont leans wet. Rutland city votes wet by 803. Anti-Saloon League head attacks Catholic church amid dry-wet tensions. Governor Edwards signs bill allowing liquor with 3.5 percent alcohol after peace with Germany.
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
Iowa farm show totals and livestock sales dominate early spring notes
Iowa farm news reports a $150000 campaign revival to raise cash, crop and poultry boosts, and a major Hereford sale in Atlantic with eighty six head averaging $590 and top price $2500. County farm bureaus organize, road-building plans advance, and local land sales set record prices amid wider Iowa agricultural activity.
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Iowa Lutheran Hospital
L. B. Price
Benton County Agricultural Association
Atlantic
Williams Waters
Fair Grounds
J. J. Cahill & Son
Fairfax
Polk County
Marle McDonald
R. K. Bliss
Paulwaff
Farm Bureau
Sam Thompson
Kousuth
Interstate Poultry Association
State Association
Sioux City
Earle Smiley
Stuart
Neb
Glen H. Richar LeGrand
Harry Atkins
Davenport
James Tucker
Red Oaks
Minn
Farm Bureau of
Union County
W. J. Corbett
A. D. McKee
Leonard White
W. W. Morrow
Bureau
America
Conference of
Iowa Road Officials
Iowa Highway Commission
Ames
W. B. Buck
Ringgold County
Iowa
C. K. Needham
Grinnell
John King
Will Badger
John Bradley
Poweshiek County
Thomas B. Jones
Williamsburg
Iowa County
E. F. Howard
Mills County
Omaha
Testimonial Promotes Lydia E Pinkham Products
Omaha reader Mrs J O Elmquist credits Lydia E Pinkham's Vegetable Compound with decades of relief from female troubles and endorses the brand. She notes using Vegetable Compound and Ganative Wash and invites others to write for confidential, woman moderated advice from Lydia E Pinkham Medicine Co.
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Omaha
Neb
Lydia E. Pinkham
Lydia BE. Pinkham
J. O. Elmquist
S. 20Th Street
Nebraska
Don Persec Yet Other Kind Spirits Bottled Up
A brief dialogue rejects spiritualist trance while claiming to have spirits bottled up. One speaker notes disbelief in spiritualist practices and mentions visiting some seances. The exchange contrasts skepticism with a boastful wish.
Relief for stuffed head with Ely's Cream Balm ad
An advertisement promises instant relief from nasal congestion and catarrh with Ely's Cream Balm. Apply a small amount in the nostrils to soothe inflamed mucous membranes and clear air passages. The ad emphasizes rapid relief and easy breathing.
MENTIONED IN THIS ARTICLE
Ely
Mussel-Wife of Antwerp recalls war and stolen pump
In Antwerp a mussel-wife remembers war shortages and refugees while lamenting inflation and scarcity. She recalls a stolen beer pump by Germans and the toll on her tavern business as cobbled streets and river life frame a stubborn memory. The scene blends daily life with the city’s wartime echo.
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Saint Anne
Cathedral Tower
Antwerp
Scheld
Minna
Pride in Rebuilding Homes After War Ruins in Ypres
Emile Cammaerts reflects in Yale Review on Belgian towns, noting plans to preserve wartime ruins failed, locals returning to rebuilt houses with pride. A German shelling memory contrasts with Minna scrubbing and the scent of a damp Belgian room as inhabitants strive to restore the city’s clock tower and Cloth Hall.
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Ypres
Inhabi
Emile Cammaerts
Yale Review
Minna
No Man's Land Homes Lost to Bombed Borders
Belgians struggle to locate former homes in No Man's Land after five years of bombardment erased landmarks and old boundaries. Many families may never know their exact plots, though future surveys aim to mark new, more precise boundaries and compensate owners with parcels near their presumed sites.
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No Man's Land
Great Battlefield
Posaiite
Belgium Bans White Phosphorus Matches Under New Law
A Belgian law prohibits manufacture sale or storage of matches containing white phosphorus. The act provides confiscation and destruction of the banned products and of any apparatus used in their production.
MENTIONED IN THIS ARTICLE
Belgium
California Fig Syrup Laxative Featured In Odd Rhyme
An unclear fragment discusses the old phrase California Fig Syrup as a child's laxative and mentions digestive effects. The text also includes scattered, unrelated lines about appearance and fate, with odd spelling and miswritten phrases.
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California
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