Roosevelt seeks steep excess profits tax for war effort
President Roosevelt urged Congress to pass a steeply graduated excess profits tax applied to all individuals and corporations to fund national defense. He insisted the burden be equitably distributed, ensuring even the humblest citizens contribute, while deferring specific rates and revenue estimates. House Ways and Means and Senate Finance Committees will draft the bill, with leadership signaling bipartisan cooperation.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
House Ways and Means
Senate Finance Committees
Doughton
North Carolina
House
Sail
White House
Rep. Rayburn
Texas
Grocery Stores Close Thursday
Amarillo retailers announce all member stores of the Amarillo Retail Merchants Association and many groceries will close Thursday. Listed are Harris Food Stores Furr Food Stores Caraway Grocery Pete Fowlkes Grocery and others including Red and White outlets John Barton Bordwell's Central Grocery City Market and more. Shoppers are urged to begin Fourth of July purchases early as stores will close at regular hours Wednesday and many downtown shops will stay shut Thursday.
MENTIONED IN THIS ARTICLE
Amarillo Retail Merchants Association
Harris Food Stores
Furr Food
Caraway Grocery
Pete Fowlkes
Fowlkes Grocery
Johnson Grocery
Put and Take Grocery
Oriental Grocery
Pay Cash Grocery
John Barton
Bordwell’s Table Supplies
Central Grocery
City Market and Groceries
F. E. Cornelius
A. L. Earle
Edgefield Grocery
E. P. Hallmark
W. L. Harris
Hughes Street
A. L. Jordan
Lemons Grocery
McClendon Grocery
Palace Market
Redding’s Live and Let Live
J. W. Reneau
Thirteenth Street Grocery
Whiteway Grocery
Ben Turpin Dies At Hollywood
Hollywood mourns Ben Turpin veteran cross eyed comedian of silent films dies of heart disease. The New Orleans native and Mack Sennett star retired to Beverly Hills after a long career sharing screens with Chaplin Arbuckle Normand and others. His death follows a week of illness and a sudden heart attack.
MENTIONED IN THIS ARTICLE
Hollywood
U.P
Ben Turpin
Mack Sennett
Turpin
New Orleans
Charles Chaplin
Roscoe (Fatty) Arbuckle
Mabiel Normand
Beverly Hills
Babette Turpin
Hinton to Report at Pampa Meet
Representatives from Panhandle lakes program agencies will hear Carl Hinton report on the future lakes effort today at 4 in the McClellan Lake recreational building ahead of tonight’s barbecue hosted by the Pampa Chamber of Commerce. Hinton travels from Washington and arrives in time for the brief session. The Panhandle Water Conservation Authority meets with C. H. Walker chairing, and McClellan Lake opens officially on Thursday, July 4.
MENTIONED IN THIS ARTICLE
Panhandle Lakes
Carl Hinton
McClellan Lake
Pampa Chamber of Commerce
Hinton
Washington
Panhandle Water Conservation Authority
Soil Conservation Service
Works Progress Administration
C. H. Walker
Pampa
Land Bank Loan Rate Kept Down
President Roosevelt signed legislation setting a 3 percent interest rate for federal land bank and land bank commissioner loans until July 1, 1942. The prior law would have increased the rate to 4 percent today.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Federal Land Bank
Land Bank Commissioner
Ader
Thompson Scores Speech Hecklers at Waco Rally
Col. Ernest O Thompson, candidate for governor, urged Texans to attend Gov W Lee O Daniel s rally in Waco urging fair play and to hear the governor answer 15 questions about his official record noting attempts to heckle should not occur Thompson labels O Daniel a do nothing governor and calls for discussion of his actions in 1917 1918 on Page 3.
MENTIONED IN THIS ARTICLE
Austin
Col
Ernest O. Thompson
W. Lee O'Daniel
Waco
Thompson
American Dies in Road Crash Mrs Virginia Rios Watkins Sacrificed Car To Save Others
In Mexico City on July 1 Mrs Virginia Rios Watkins 32 of Oklahoma City perished when brakes failed on a steep slope near Tamazundale. She steered her car into a mountainside to prevent a plunge, saving five others including her ten year old son, her mother, and three guests. The U S Consulate reported the incident occurred last Friday.
MENTIONED IN THIS ARTICLE
Mexico City
Virginia Rios Watkins
Oklahoma City
Tamazundale
U S
Real Auto Bargains in Globe News Want Ads
Amarillo’s Globe News highlights the Automotive classification 68 with numerous private sellers and dealers offering rare vehicle values in today’s want ads. Find quick-bargain used cars and act fast to beat others to these deals.
MENTIONED IN THIS ARTICLE
Globe News
Globe-News
Amarillo
Weather Summary for Amarillo and Vicinity and Nearby States
Weather update notes Tuesday partly cloudy and cooler in Amarillo and vicinity with a cool crisp trend. West Texas shows fair skies with afternoon cloudiness, little change in temperature. New Mexico forecasts fair with scattered afternoon showers over mountains in the extreme north, minimal temperature changes. Oklahoma expected mostly cloudy with showers central and east, cooler south and north central Tuesday. Wednesday improves to fair and somewhat warmer. Temperature data includes yesterday’s Amarillo readings around the 68 degree mark at 10 to 11 AM with highs near 39 to 97 noted in the record.
MENTIONED IN THIS ARTICLE
Amarillo
West
Texas
New Mexico
Oklahoma
Tal Bel
Max
Navy orders 45 new warships in record contract
The Navy placed the largest order in its history for 45 warships costing about 500 million dollars. The contracts bypass competitive bidding under a new speed-up act, with shifts planned to accelerate shipbuilding. Additional carrier and cruiser orders and RFC purchases of rubber and tin accompany the move.
MENTIONED IN THIS ARTICLE
Associated Press
Washington
Navy
Roosevelt
Army
Defense
Reconstruction Finance Corporation l
Canal
Panama Canal
Senator Connally
Texas
Senate
War and Navy Departments
RFC
Jesse H. Jones
Federal
Flood Front Bulletin Roundup Across Texas and Arkansas
Texas and Arkansas flood reports detail Red Cross aid in Halletsville with ten dead and nine missing in Lavaca River flood, plus $1,000,000 damage. Cloudbursts hit Texarkana areas with road and rail disruptions. Colorado River tributaries see drownings near La Grange and crest readings in Columbus and Wharton. Guadalupe River rising threatens Cuero and Yoakum. Cuero reports 200 families back home after 12 inch rain displaced residents. Victoria notes Guadalupe slackening though Colette Creek floods farms south of town.
MENTIONED IN THIS ARTICLE
Associated Press
Hallettsville
Texas
Red Cross
Lavaca
Texarkana
Ark
Arkansas
LA Grange
Colorado
Columbus
San Antonio
Houston
Wharton
Bay City
Guadalupe River
Here
Cuero
Victoria
Guadalupe
Colette Creek
Two Rural Electrification Grants for Amarillo Area Coops
Washington July 1 approval of two REA allotments to electric cooperatives in the Amarillo area. Gate City Electric Cooperative, Chil Dress, receives 218000 for 274 miles of rural power lines serving 576 members. Swisher Electric Cooperative, Tulsa, gets 114000 for 182 miles of lines serving 258 farms.
MENTIONED IN THIS ARTICLE
Washington
Amarillo
Rural Electrification Administration
Gate City Electric Cooperative, Inc
Childress
Swisher Electric Cooperative, Inc
Tulsa
Barricades Rim British Isles Barrage Bombs Coast and Fray
London reports German air raiders bombed coastal barricades in England for a second time in 24 hours. Nine killed and scores injured in northeast Scotland. RAF claimed revenge strikes on Germany and over France. France's Admiral Muselier named to command all free French naval forces as de Gaulle confirms ships and air groups under command. British fortifications tightened around shores with sentries on every beach.
MENTIONED IN THIS ARTICLE
Associated Press
London
England
Germany
France
Britain
Near East
Muselier
Ypres
Georges Clemenceau
Charles de Gaulle
de Gaulle
Syria
Lebanon
Olier
Nazis Take Over Channel Islands and North Africa Shifts
Berlin announced German occupation of Guernsey and Jersey in a bold air operation, with gliding signals of airborne troops. Separately in Rome, Marshal Graziani replaced Balbo to command North African forces as France capitulates and Italy shifts strategic priorities.
MENTIONED IN THIS ARTICLE
Associated Press
Rome
Rodolfo Graziani
Italy
Lybia
Italo Balbo
Marshal Balbo
Tobruk
London
Foreign Office
Mussolini
Graziani
the Po
North Africa
Wheat Flow Into Amarillo Taps 294 Cars of New Grain
Amarillo received 294 cars of new wheat yesterday per the Amarillo Grain Exchange inspection department. Prices were 56 cents a bushel with little buying activity. Over 90 percent of the crop is slated for government loans as harvest advances in all directions. Harvest work is underway nearby with combines due to start soon.
MENTIONED IN THIS ARTICLE
Amarillo
Rally Violence Murders Peasants Near Puebla After Camacho Rally
A Puebla dispatch reports one peasant killed and several wounded when peasants attending a political rally for Manuel Avila Camacho were ambushed in Chachapa near Puebla state. The event occurred yesterday east of Vera Cruz according to the univ ersal dispatch.
MENTIONED IN THIS ARTICLE
Mexico City
Universal
Puebla
Vera Cruz
Manuel Avila Camacho
Chachapa
Willkie Quits $75,000 Post to Campaign Full Time
Wendell L. Willkie resigns as president and director of Commonwealth and Southern, effective July 16, to devote full time to the campaign. He will resign all directorships in other Commonwealth and Southern companies. directors plan to fill vacancies soon.
MENTIONED IN THIS ARTICLE
Commonwealth & Southern Corporation
Pine Street
Financial District
Willkie
Concern
Commonwealth and Southern Systems
Drive
Roy W. Howard
Elwood
Ind
John D. M. Hamilton
Jackson
Mid
Jackson Citizen Patriot
New York
Jacob Hekman
E. A. Yates J
Wendell L. Willkie
Hekman
Grand Rapids
Mich
Yates
Alabama Power Company
Captured Germans Arrive in Canada
In Quebec on July 1 the first British prisoners of war sent to the western hemisphere disembarked and were sent to interior internment centers in Canada. The total number was not released. The voyage largely went safely except for one man who disappeared after diving into a pothole. Some prisoners appeared smiling while others glowered as they stepped ashore. Some were interned enemy aliens.
MENTIONED IN THIS ARTICLE
Quebec
Great Britain
Western Hemisphere
Canada
British Isles
Nazis Hopeful of Peaceful Balkan Settlement
German bomber fleet reaches Brasov as Hungary and Bulgaria push claims on Transylvania. Romania aligns with Germany to curb Russian advances and avert further Soviet gains. Frontier clashes erupt along the Prut and Danube, with mobilization, troop movements, and alarms across Bucharest as Greek guards vow to defend eastern Macedonia and Thrace.
MENTIONED IN THIS ARTICLE
Associated Press
Brasov
Reich
Rumania
Russia
Transylvania
Germany
Bucharest
Hungary
Bulgaria
Dobruja
Europe
Romania
Budapest
Red
Bessarabia
Bucovina
Tass
Red Army
Prut
Danube River
Prut River
Old
Jassy
Balkans
Great Britain
France
la Cabinet Bulletin
Foreign Office
Italy
Visk
Moscow
Austria-Hungary
Horta
Buscovina
London
Lausanne
Rumanian
Krasov
Greece
Macedonia
Thrace
Aegean Sea
Rhodope Mountains
Also Mentioned on This Page
EDR
Will Rogers
Polk Street
O'Daniel
U. S
Childress and Swisher Rea
Channel Islands
Berlin
Channel
Guernsey
Jersey
Air Force
English Channel
Nign
Brest
Orion
United States
Norway
Belgium
Luxembourg
Netherlands
Denmark
Poland
Kansas City
Peace
P. S
Turtles