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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 12, 1920
Page
14
Washington March 11 The Secretary of the Treasury and Assistant Secretary tell the House Ways and Means Committee that opposing McAdoo's tax cutting bonds plan, any increased government indebtedness would create a grave financial situation for soldiers relief legislation.
Secretary Houston and Mr. Leffingwell debate a 2.5 billion bond package noting risks of disaster and aggressive selling tactics by former soldiers. They call for higher taxes as a relief option while warning of 6 percent interest and long term debt. Governor Harding cites patriotic and market competition concerns. They urge fiscal restraint and economy to ease the burden.
Albert Taylor a chauffeur for A D Hall of Adams House freed himself from ropes on the sixth floor of a 10 story candy factory under construction at Atlantic Avenue and a wharf. Four men and Superintendent E F Fitzgerald had bound him with knots but he wriggled free in about a minute and jumped to his feet.
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