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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Oct 23, 1925
Page
1
Mellon offers new proposals for tax cuts, reporting a greater drop in normal income tax rates than those in the original plan. The schedules show additional adjustments and rate changes under the revised package.
Secretary Mellon submitted a revised schedule to the House Ways and Means Committee reducing earned income relief and altering rates. The plan would lower top tax thresholds, set 1 percent on the first segment and increments up to 8 thousand dollars, with a total revenue loss projected at about 49 million dollars.
The sunken submarine 8 51 wrecked off Block Island by the steamer City of Rome yielded a sixth body today. Thirty three crewmen were trapped when the ships collided. One man was rescued at the time of the accident. The recovered body, not yet identified, was taken to Newport Naval Hospital where fingerprints may confirm identity.
Washington October 22 The countess Katherine Karoline Darling of Hungary, barred from entering the United States under an immigration law section, may move in Congress to seek repeal. Ralph Stramsburger, a Pennsylvania political leader, urged Senator Borah to pursue repeal after Kellogg approved the Paris consul general’s refusal to sign her passport. The State Department announced she would not be admitted to lecture in the United States because she is known to hold revolutionary views.
Chicago readers learn that federal grand jurors will hear charges against scores of policemen and officials, five beer syndicates, five railroads, and prohibition agents after a six month probe. Agents say evidence points to a major beer running scheme with eastern brewers and railroads, potentially up to nine million dollars in beer entering Chicago since prohibition began.
Paris reports the French financial crisis due to reopen with Parliament. Finance Minister Callinanes will present measures to cover all contingencies including war debt. Socialists demand a capital levy to balance the budget and curb inflation, while government plans may include inflation and a sinking fund. The franc weakens as markets stay firm amid uncertainty.
In Louisville Kentucky Frey took the stand denying an affair with actress Wilda Bennett as he faced a $100,000 suit for alleged affection. He claimed any pursuit was toward keeping his wife, not the actress, and described ongoing quarrels that led to her leaving for her parents after he warned he would cut ties.
In Naples a commission led by Count Voipl departed aboard the steamship Dullig bound for the United States. Civilians cheered the treasury minister and shouted Viva America Viva Italia as farewell events unfolded. Voipl praised Italy’s lofty mission and visited the Savoy house before departure.
Reports from Sofia say Greeks advanced rapidly into Bulgarian territory aided by heavy artillery and air bombardment. Bulgarian forces evacuated frontier towns as rumors spread that terms had been accepted. Athens reports ordnance to cease only if Bulgaria makes no further attack. meanwhile clashes continue on the Macedonian frontier near Petrich with seven Bulgarians captured.
Minneapolis report says a school for dry agents is being formed by Gen. W. F. Rhinow with former Congressman Andrew Volstead among instructors. The program will cover prohibition heads and agent methods, with Volstead serving as legal adviser to Rhinow.
CAPT. Iain Hasbrouck of the U S Navy arrived in Butte on a Montana tour to explain Navy achievements and ongoing efforts. He commands the California flagship of the Pacific Fleet and will address Central High School students and attend Boys League dinner events with Kiwanis, Rotary, and local clubs.
A forthcoming Lodge manuscript, written before Wilson’s death, portrays Woodrow Wilson as fallible and indecisive. It blames his leadership for hampering the League of Nations and criticizes Wilson’s scholarly claims and self-regard, detailing strained relations between Lodge and Wilson.
Washington report says FTC commissioners Thompson and Nugent claim beet pulp prices were fixed nationwide by Michigan Sugar Co. led by Detroit president Warren through a Pittsburgh plus Boston base. The dissented opinion opposes the January 28 suit against Larrows Milling Co. and 16 sugar manufacturers for suppressing competition.
Rotary Kiwanis and Exchange clubs gathered at Silver Bow to honor Navy Day with Capt Raymond De L Hasbrouck of the California Pacific fleet delivering a concise view of world events and the need for a strong navy. He warned that indifference to naval welfare could threaten American interests and urged maintaining a navy to safeguard the nation. The event, part of Navy week sponsored by private interests, highlighted the drive to support naval strength.
A fragmentary discussion asserts navy and military strength defend national pride and self respect, prepare for future eventualities, and protect markets for exports amid fears of overpopulation and encroachment by other nations.
A man named Mann was arrested on Shields avenue after an axe attack on a woman, reportedly the mother in law. He said he slept in railroad yards near the Grando Vie home overnight and claimed he was en route to the courthouse to surrender. Mrs Grando vic remained hospitalized with injuries.
The steel sector reports strong third quarter results with net earnings of 8.34 million dollars, down from 9.11 million in the prior quarter. Growth driven by auto and building industries, railroads show high demand, and prices trend upward.
Anna Kacar, once described as a distressed figure, returns to Butte for a second trial over a murder charge. The high court ordered a new trial after reversing her conviction. bail was reduced to 7500 dollars after the county attorney did not object.
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