Light Delay on 7 Billion Tax Measure Draft
Washington reports a final draft of portions of a 7.1 billion tax package may not reach the House Ways and Means Committee until next week. The panel has advanced two items: raise long term capital gains to 28.5 percent and keep the overall corporate tax ceiling at 62 percent, with further votes planned on substantial personal and corporate tax increases and excise hikes.
MENTIONED IN THIS ARTICLE
Washington (S
House
Ways and Means Committee
Athletes Foot Germ Treatment Ad
An old drugstore ad promotes T-4-L for high concentration foot fungus treatment with an undiluted alcohol base for penetrating power and claims to kill embedded germs within an hour. Money back guarantee offered by the K. O. Wold Drug Store.
MENTIONED IN THIS ARTICLE
K. O. Wold Drug Store
Cohen Loses Temper at Trial Shouts Epithets at U S Agent
In Los Angeles Mickey Cohen, on trial for income tax evasion with his wife Lavonne, loses temper after a recess incident. The government seeks Maxie Raymond, a Florida gambler, to testify about tax discrepancies from 1946 to 1948. Judge Harrison warns he will seek the witness.
MENTIONED IN THIS ARTICLE
Cohen
U. S
Los Angeles
Florida
Mickey Cohen
Maxie Raymond
U.S. Atty
Ernest A. Tolifi
Lavonne
Ben Harrison
Raymond
Luke Smith
New York
Dan Goodykoontz
Internal Revenue Bureau
East
Gambling ties between Cohen and betting figures revealed
John J. O'Rourke of Miami testified that Cohen paid out 84,955 dollars to a Los Angeles gambler in 1947 and 1948 while earning little himself in horserace bets. Luke Smith, a retired New York betting commissioner, said Cohen owed him 20,000 dollars after several months of 1947 dealings, with collection still unresolved.
MENTIONED IN THIS ARTICLE
Ern
Cohen
John J. O'Rourke
Miami
Fla
Los Angeles
Luke Smith
New York
Smith
House rejects veterans hospital for Negroes in Booker T. Washington memory
The House voted 200 to 117 against authorizing a 200 bed veterans hospital in Virginia near Booker T. Washington's birthplace. Reps. Dawson and Powell, the two Negro members of Congress, urged passage calling it class legislation and segregation.
MENTIONED IN THIS ARTICLE
Washington
House
Booker T. Washington
Congress
Dawson
111
Powell
Virginia
Egyptian Prosecutor Probes Suez Deal Talks with Russia
Egypt's prosecutor-general investigates alleged efforts by Premier Mustapha El Nahas Pasha to strike a Russia deal as Britain refuses to leave the Suez canal zone and Anglo-Egyptian Sudan. Inquiry details were banned until Wednesday night.
MENTIONED IN THIS ARTICLE
Cairo
Mustapha el Nahas Pasha
Russia
Britain
Suez Canal Zone
Sudan
VA Clarifies GI Eligibility Rules for Summer
The VA said summer vacations do not affect GI bill eligibility for veterans in school. A veteran in training during the regular year may interrupt for summer and return next fall without attending summer sessions. New entrants must start classes before the July cutoff date to qualify.
MENTIONED IN THIS ARTICLE
Washington
Veterans Administration
Courtesy Important in Preventing Accidents
J E P Darrell of the Minnesota highway department urges safe driving this summer. He notes most accidents are avoidable and stresses extra caution near playgrounds parks and outdoor venues. Courtesy to visiting motorists and new residents reduces confusion and crashes.
MENTIONED IN THIS ARTICLE
Minnesota
J. E. P. Darrell
Minnesota Highway Department
Darrell
Taxes to Be Cut in Virginia Tax Plan
Richmon d revenue projections show the general fund nearing 103 million dollars triggering a 15 percent cut in state income tax once the threshold is reached.
MENTIONED IN THIS ARTICLE
Richmond
Commonwealth
General Fund
Also Mentioned on This Page
Truman
Senate Finance Committee
Senate
United States
Goodkoontz
Dean
Doan
Booker T. Washington Hospital
PROBE
Joan
Caulfield
Ayds
U.S
Royal Master
United States Rubber
John Thorsell
Royal Tire and Appliances
Shorty
Seersucker
Batiste
Ist
Denier
Rayon
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