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Newspaper
Amarillo Globe
Location
Amarillo, Texas, United States of America
Date
Jul 30, 1941
Page
2
The House rules committee authorized a separate vote on the defense tax bill provision forcing husbands and wives to file joint income tax returns. The move came after bipartisn opposition and a demand to strike the provision from the bill, amid efforts to modify the gag rule.
President Roosevelt urged rapid congressional action on price and rent control to curb inflation threatening defense, proposing authority to set ceilings, buy commodities, and expand price stability measures. He favored voluntary wage restraint and a wage stabilization framework tied to labor and capital cooperation.
Markets note hogs salable 2,500 slow and uneven with 230 lb hogs down. heavier weights weak, averages below Tuesday. Top price $1120 for choice 180-240 lb hogs. Cattle offerings 4,000 with calves 400. lightweight fed steers yearlings and fed heifers steady to fully steady. medium and heavy weights unchanged.
A joint legislative committee announced Stevenson will be inaugurated governor on August 8 unless prevented. Governor O'Daniel plans to leave for Washington to take the U S Senate oath Monday and will vacate the Texas seat by succession, while insisting he will not resign the governorship. The report also notes cattle prices steady to weak and cost of living rising sharply, with a 2 percent jump from mid May to mid June and the highest quarterly rise since World War I.
Rex Baxter announced plans to visit Abilene to meet D O Bandeen of the West Texas Chamber of Commerce to discuss freight rate revisions and classifications. The issue traces back to a Texas Railroad Commission order abolishing rate differentials, enjoined by railroads and awaiting court action in Travis County. A recent West Texas meeting in St Louis discussed the proposed general revision and related rates.
London reports that a Polish Soviet Russian accord was signed at the British foreign office today. The ceremony formalizes cooperation between Poland and Soviet Russia with officials from both sides present.
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