Mellon Sees World Recovery With Caution On Tax Cuts
Secretary Mellon said the path to global economic stabilization is clear with domestic tax reductions and reform, plus debt settlements abroad. He warned against excessive tax cuts and speculative real estate, urging restraint to avoid future borrowings.
MENTIONED IN THIS ARTICLE
Washington
Mellon
Congress
United States
Optim
Europe
House
Wars and Means Committee
Treasury
Andrews
Coast Guard
France
Meilon
Missouri Completes Mountaineer Carol Schedule
Missouri finalizes a two year contract to play at Columbia joining Mountaineer opponents in a 1940-41 slate. The schedule lists games with West Virginia Dee, Virginia University and Carnegie Tech among others, with dates in September October November in Morgantown Pittsburg and Washington.
MENTIONED IN THIS ARTICLE
W. Va
Mountaineer Stadium
Virginia University
Whee and Elkins
Mn and Lee
Carieston
Allegheny Town
Weemn
Esleyan
University
Pittsburg
Geen Coll
Missourais
Columbia Ip
Aviation overhaul urged in $20 million five year plan
A special House committee urged drastic national defense reorganization and spending 20 million dollars annually for five years to build up aviation. The plan calls for a Bureau of Civil Aeronautics and a separate air service, with support from the National Advisory Committee for Aeronautics. President Coolidge backs the push to modernize aviation and keep the United States on par with other nations.
MENTIONED IN THIS ARTICLE
Washington
National Defense Adm
Special Retail Committee
Bureau of Civil Aeronautics, Advanced
Congress
National Advisory For Aeronautics
Coolidge
Advisory Committee
Committee
America
House
Department of National
War
Navy
Reid
Publican
Illinois
William Mitchell
Parker
House Commerce Committee
Army General Staff and Navy General Board
Alr
Pitfalls in Road to Disarmament Are Summarized
Viscount Cecil outlines obstacles to disarmament including sovereign distrust and chauvinistic nationalism. He notes gains from League of Nations credibility and pacific dispute resolution, but warns internal government resistance and practical limits in land air and naval disarmament. He discusses measuring armaments and setting maximums per category as potential approach.
MENTIONED IN THIS ARTICLE
Geneva
Viscount Cecil
Chelwood
Great Britain
League of Nations’ Disarmament Council
Associated Press
League of Nations
Council
Paris
Growth International
Lord Cecil
Cecil
Cect
Sharp Criticism of IRS Handling of Oil Tax Cases
Testimony before a Senate investigative committee assails Internal Revenue Bureau methods in Gulf Oil, Standard Oil California, and Sinclair Oil cases. Figures cited include $4,500,386 in Gulf taxes from 1915–1919, $3,378,000 direct and $25,000,000 indirect in Standard Oil California, and delayed settlements in Sinclair Oil. Committee to send findings to Treasury for comment before filing with Senate next month.
MENTIONED IN THIS ARTICLE
Washington
Internal Revenue Bureau
Gulf Oil
Standard Oil
California
Sinclair
Blair
Bureau
Couzens
Treasury
Senate Probaly
Call To Abandon Federal Inheritance Tax By States
Washington reports a petition from unofficial state legislators urging President Coolidge and Congress to end the federal inheritance tax immediately. They call for states to resume dominance over their own affairs and oppose a tax provision allowing credits for state taxes. Alabama Arkansas Kentucky Louisiana Maryland North and South Carolina Rhode Island and Texas leaders attended the conference.
MENTIONED IN THIS ARTICLE
Coolidge
Congress
Washington
Alabama
Arkansas
Kentucky
Louisiana
Maryland
North
South Carolina
Rhode Island
Texas
Senate
Underwood
Tempest in a Teapot View of Y Head at OSU
Officials begin action on Communist activity among Ohio State instructors and liquor-law violations by students and faculty. Governor Donahey seeks a general probe into student drinking and faculty views, while an alleged "order book" ties Horton to missing grain alcohol and party connections.
MENTIONED IN THIS ARTICLE
Columbus
Ohio State University
Dabney Horton
Benglish
University Board of Trustees
Donahey
University
Crabbe
Ohio State
J. Hopley
Bucyrus
Hopley
Joseph Park
University Y. M. C. A
Insurgent Republicans Lose Posts on Key Committees
Washington reports that most insurgent Republicans were removed from major standing committees by the Republican committee on committees led by Representative Cooper of Wisconsin. Only one insurgent, Lampert, kept a chair, while Vestal and Vincent gained chair and assignment roles. Additional moves shifted Browne Voight Sinclair Peavey Schneider Nelson Frear Tilson and others from various panels as the party enforces its caucus mandate.
MENTIONED IN THIS ARTICLE
Washington
House
Republican Committee On Committees
Representative Cooper
Wisconsin
Foreign Affairs
Lambert and
Nelson
Representative
Browne
Foreign Affairs Committee
Voight
Sinclair
North Dakota
Agriculture
Peavey
Bchneider
Post Office
Frearot
Tively
Reptative Tilson
Connecticut
Committee On Commitees
Teaction
Pomere
Large US Steel unfilled orders rise amid November activity
United States Steel Corp reports an November rise of 472,697 tons in unfilled orders, boosting total bookings to 4,581,780 tons. Capacity use nears 86 percent, shipments around 1.2 million tons, with total incoming business about 1.7 million tons.
MENTIONED IN THIS ARTICLE
New York
United States Steel Corporation
Steel Corporation
More Troubles at Army Air Service Court Martial
The Mitchell court martial exposed further Army Air Service troubles blamed on the War Department and economy cuts. General Menoher was questioned briefly then excused as defense counsel pressed for witness calls. General Patrick and Major Strong supported air service efforts including an air mail route to connect New Orleans, Mexican ports, Central American capitals, and the canal zone.
MENTIONED IN THIS ARTICLE
Washington
Army Air Service
Mitchell
War Department
Charles T. Mencher
Air Service
San Francisco
Sherman Moreland
Menoher
Frank KR. Reid
Ilinois
Yesce
Howard C. Rath
Los Angelals
Tiona
Rath
Moreland
Maryland
Twenty-Ninth Division
George W. Strong
Army General Staff
Pan-America Canal
Department
New Orleans
Central America
Edison says no new inventions until general intelligence arrives
Thomas A. Edison, noted inventor, told Popular Science Monthly that the world can do without further inventions until general intelligence matches the existing ones. The interview appeared in the December issue.
MENTIONED IN THIS ARTICLE
New York
Thomas A. Edison
Popular Science Monthly
There Ain’t No Hell Debate Sparks House Chaplain Quote
The Rev. James Sherra Monery, chaplain of the house, remarks on the Modernists versus Fundamentalists conflict. He notes a controversy over the phrase There ain’t no hell versus The hell there ain’t.
MENTIONED IN THIS ARTICLE
Washington
James Sherra Monery
Prohibition Debate Marks Federal Council Session
Detroit December discussion features Dr Stelzle urging strong prohibition stance while Bishop James Cannon and Howard Russell oppose parts of his conclusions. He notes drunkenness remains visible on streets and bootlegging undermines the Eighteenth Amendment though saloons once served urban poor communities.
MENTIONED IN THIS ARTICLE
Jas. Cannon
National Dry Worker
Howard Russell
Anti- Saloon League
Detroit
Charles Bietzle
New York
Federal Council of Churches of Christ In America
Stelzie
James Cannon
Washington, D. C
Anti-Saloonite
Dr. Stelsie
Stelfie
Stelzle
Mine Disaster Claims Sixty One In Alabama Explosion
At Overton Mine No 2 in the Cahaba field near Birmingham sixty one miners die after a gas explosion. Fifteen escape injury and five are seriously burned as rescue teams toil through the deep levels. J L Norris chief mechanic among the identified dead.
MENTIONED IN THIS ARTICLE
J. l. Norris
Birmingham
Ala
Overton Mine
Alabama Fuel and Iron Company
Cahaba Field
James Hess
James Patton
Bath House
Wilford Powell
Overton
United States
Belgium Denies Abdicating Rights in Bank Loan Deal
Brussels reports quote Finance Minister M. Janssen denying Belgium abdicated any sovereign rights in the loan arrangement with American bankers to stabilize the Belgian franc. He says Wall Street had no role in internal policy and outlines budget balancing through Dawes plan receipts and extra taxes.
MENTIONED IN THIS ARTICLE
Brussels
M. Janssen
Belgium
France
Wall Street
United States
Friends of Tax Reduction Bill Fight Off All Attacks
Washington lawmakers debated a Tax Reduction Bill for five hours as supporters from both parties defended its non partisan framing. Committee members urged passage despite disagreements over provisions including sur taxes and inheritance taxes while opponents urged higher rates.
MENTIONED IN THIS ARTICLE
Friends of
Washington
House
Ways and Means
Preat
Wisconsin
la Guardia
New York
Bacharach
New Jersey
Representative Oldfield
Arkansas
Collier
Mississippi
Democratic Committee
Emphatic denial entered by Kirby in discount company case
Cleveland December 10 Emphatic denial of responsibility for literature and statements about the Cleveland Discount Company was entered by Josiah Kirby former company president at his trial today. He testified no stock was sold after July 1922 though government says false statements were issued. He denied sanctioning any claim the company dealt only in mortgages and said one dictation was a mistake.
MENTIONED IN THIS ARTICLE
Washington
Dawes
Senate
Harrison
Democrat
Mississippi
Cleveland
Cleveland Discount Company
Josiah Kirby
Kirby
Ees
Also Mentioned on This Page
Missouri
National Defense Administration
Bureau OF Civil Aeronautics
Special House
OUBS
Maurice Shannon
Louisville
Joe Kelly
Toronto
Chicago Cubs
Clyde Beck
Cubs
Green
Tempest Teapot
Y. Head
MA. Dawes
Charles Steizle
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