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Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Dec 22, 1920
Page
1
Otto H. Kahn tells the House Ways and Means Committee a sales tax, excess profits tax repeal, income surtax cuts, tariff raise, and a 15 percent net corporate profits tax could ease burdens. He warns current taxes choke business, supports a low initial sales tax rate around 0.33 percent yielding about 650 million annually.
Plymouth marks the centennial tribute with a telephonic link between Massachusetts and California. Governor Coolidge spoke to Governor Stephens in Sacramento while Senator Lodge read Webster’s prophecy from the 1820 address. The long distance call coincided with the Pilgrim tercentenary exercises and echoed the Pilgrim anniversary themes.
Mr Kahn outlined a tax reform plan arguing exempt securities yield 5 1 2 percent and a surtax cap near 33 1 3 percent could maximize treasury revenue. He urged internal and excise tax shifts to reach about 1 billion dollars yearly and supported a tax on undistributed corporate profits. He framed corporate profits taxation as aligned with income taxes.
Washington dispatch reports two English women told a 100 member Irish question commission that the coalition government shows lack of sincerity toward Ireland. Ellen Wilkinson and Annot E. Robinson urged a sincere policy and believed home rule may solve the matter, while noting Irish property burnings. They said a referendum would reveal broad British support for current policy. Annie and Susan Walsh of Cork to testify next.
Six thousand Clarksburg public school children contributed five tons of food as a Christmas present to the orphanage. More donations were expected as some may have misread the date.
A freight train derailed at East Pittsburg causing damage to twenty Pennsylvania railroad freight cars beyond repair and tying up six tracks for two hours. The cars caught fire after leaving the tracks and the total loss could not be estimated due to many cars being loaded with merchandise.
Dublin dispatch says Crown forces burned the village of Ballinalee in Longford early today after the attack on the police barracks that killed one constable and wounded three. The report is filed by the Press Association from Tulsk, Roscommon.
An unconfirmed report from Quelus Minas Gerais says a large manganese mine in Brazil has been sold by Morro Da Mina to North American interests for about 4 million dollars. The mine is described as the largest in South America and is located in Minas Gerais.
Washington December 21 The Fordney emergency tariff measure to curb imports of about twenty four products moves for a final vote tomorrow under a special rule. Proponents claimed passage was certain. opponents called it special legislation. A test vote to suspend calendar business passed 126 to 76. Representative Madden denounced the bill as unwisely targeted while Longworth argued it would protect agricultural interests.
Heavy fighting occurred between civilians and security forces in the Callan Glenbower area. Casualties include RIC Sergeant Walsh and multiple soldiers and civilians killed or wounded. Civilians flee in terror as details remain uncertain.
Pittsburg official C. M. McKee announced a contract for 15 000 tons of coal at a price thirty percent below open market two months ago. Bids averaged 4.70 dollars per ton for coal placed in school cellars.
Three more building trade associations were pressed by the joint legislative committee probing the building trust. The Mason Contracting Association announced dissolution of its corporation and ending a union work-for-non-member pact. The Roofers and Water Proofers Association began reforming rules, while the Metal Covered Doors and Windows group faced questions about an unenforced ethics code and an inner ring of five manufacturers.
Lieutenant Ross C. Kirkpatrick attempted to break the endurance flying record at Mitchell Field New York. He took off at 7:35 AM and by midnight had eight hours to surpass the 24 hour 19 minute 7 second mark set in France.
In Williamson West Virginia on December 21 union organizers loaded 25 000 pounds of Christmas gifts for Mingo county coal strikers in tent colonies. The relief car carried toys nuts fruits and candy and was distributed by Mrs. Fred Mooney Mrs. Alvin Snyder and Mrs. Frank Snyder of Charleston. A second car with hams is expected soon and $1 000 was set aside for the gifts alongside local purchases.
President elect Harding met Senator Miles Poindexter and Governor Ed win P Mor row in Marion to discuss world peace and domestic issues. Poindexter urged a western secretary of the interior and Dixon as a possible choice while William Butterworth urged commerce department alignment with business. Also noted a Bluefield franchise purchase and first run rights for Associated First National Exhibitors.
S L Matz plans a premier motion picture house in Bluefield. Through his son Max he buys the Federal street lot between Flat Top National Bank and the Masonic Temple for a record price, to be modeled after Cincinnati Gifts Theatre with concrete construction and a 700 seat capacity including balcony.
Twenty sharpshooters from the New York police force led a night patrol in automobiles with three detectives and a patrolman each. They were ordered to shoot any suspect who tried to escape as authorities widen crime crackdown beyond the city.
Police report uncovering a drug ring allegedly led by a eastern penitentiary inmate. The operation is said to smuggle narcotics into the United States on a large scale. A raid last Sunday netted drugs valued at $25,000 from a Philadelphia house.
Rome reports King Victor Emmanuel today signed the treaty of Rapallo and sent greetings to Julian and Venetian populations. He declared that victory and a just peace must unite all stations in higher discipline to assure a future worthy of Italy’s past.
Isadore Nick Cohn, long sought by police in New York and Washington over a $5,900,000 Wall Street bond theft conspiracy, was arrested at Union Station Washington while allegedly traveling from Cleveland to New York.
Stockholders announce a seventy five percent stock dividend raising capital stock from 6 million to 20 million. The dividend payable to holders on record today totals 4.943 million dollars.
Seventy members of the Philippine constabulary pleaded guilty here today to sedition charges tied to the riot with Filipino military police last Thursday night, an episode that left eleven dead.
Government officials allegedly joined in coal profiteering during last summer's shortage. George H. Cushing testified a group of government workers obtained 450000 tons of coal then sold it for about 600000 in profit with railroad and army officials implicated. He cited panic caused by public officials and asserted many details could be revealed only after full inquiry.
A Japanese man, claiming racial equality, ran amuck in Brooke this morning in London dispatches reported. During the fighting two Japanese were killed and others injured, with troops later patrolling the town and disarming all Japanese present.
Canada unveils two destroyers and a cruiser in Halifax when the flagship Aut fouled by His Majesty's ship Patrician as berthing began. The minor collision delayed the official welcome, delaying the ceremony but causing no reported injuries.
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