Tax revision shifts repeal date for excess profits tax
Washington Aug 16 The Republican members of the house altered the tax revision bill delaying repeal of the excess profits tax and higher income surcharges and a corporation tax rise to January 1 1922. The measure also lengthens numerous taxes and exemptions with a full digest noting key changes including income surtaxes cut to 32 percent, exemptions raised for married couples and minors, and new luxury tax provisions.
MENTIONED IN THIS ARTICLE
Washington
Ways and Means Committee
Mann
Tinos
Mondell
House
Pordney
Ways and Means
Party
Wong
Toll Bill Up Oct 10 Free Tolls For Coastwise Ships
Senate agrees by unanimous consent to vote on October 10 on the Borah bill granting free tolls to American coastwise vessels using the Panama Canal. If the Senate is not in session the vote will be the first day after it convenes. President Harding indicated no objection to the bill though some allege a diplomatic settlement is preferred. Senator Borah says he would not waive the issue to diplomacy.
MENTIONED IN THIS ARTICLE
Washington
Senate
Panuan Canal
Borah
Wade
Harrison (Dew
Missouri
Harding
Tax provisions on insurance, losses and estates amid war
The text outlines rules for deductions of shipwreck and theft losses against net gains, tax treatment of estate and devised property, and timelines for assessing tax amounts. It mentions exemptions for certain bonds and wartime profits, with thresholds tied to aggregate principal amounts and post war periods.
MENTIONED IN THIS ARTICLE
Treasury
Davis Urges Aid for Cops at Fraternal Order of Police
Secretary of Labor Davis told the Fraternal Order of Police convention in Trending Pennsylvania that the policeman is an American and a citizen worth protecting. He urged citizens who benefit from police protection to fund police salaries and ensure the wellbeing of officers and their families.
MENTIONED IN THIS ARTICLE
Trending
Davis
Fraternal Order of Police
Danever
New York Auto Thefts Double In Six Months
New York reports auto thefts in Manhattan and the Bronx have nearly doubled in six months. Since February 20, 2,491 cars valued at 2.5 million dollars have been stolen. Many owners refuse to identify recovered cars, preferring wartime insurance payouts.
MENTIONED IN THIS ARTICLE
New York
Man-hattan
Brons
New Outbreak at Belfast After Nationalists Attack
Belfast August 1 partisan attack targeting a group of nationalists returning from a fete at Donogore injures one man mortally. It is the first such incident since the truce took effect.
MENTIONED IN THIS ARTICLE
Belfast
Donogore
Rob 18 Passengers on Rua in Minneapolis Bus Hold-Up
Two bandits robbed a motorbus bound for St. Paul on Rua Minneapolis Aug 10, taking $200 in cash and jewelry worth $1,000 from 18 passengers and the driver A G Wells Wells, a Capitatist, was the victim. A. G. Wells a 66 year old business man of this city died Aug 16 in De Pere Wisconsin.
MENTIONED IN THIS ARTICLE
Minneapolis
Minn
St. Paul
A. G. Wells
Depere
Wis
Tixty-Six
Nanaire
City
Big Oma Owed by Foreign Firm and U S Balance
World trade debtors increased obligations to American businesses by 1.5 billion in the last fiscal year, swelling the favorable balance to 4.5 billion. The sum includes more than 10 billion due the U S government in war loans, with total credits and potential losses mounting to about 14.5 billion. Reserve Board notes many bad debts and losses amid foreign loan activity and ongoing withdrawals by American financial institutions.
MENTIONED IN THIS ARTICLE
Washington
World Trade
Amerlean Bishwssx
Federal Reserve
World Exchange Ms
Unc
United States
America
Federal Reserve Board
Reserve Board
Pueblo Flood Delays Roads and Washes Bridge
Heavy rains caused river rises in Pueblo Colorado with the Arkansas and Fountain rivers swelling. The Fountain river neared flood stage and the Santa Fe over the Fountain river bridge in Pueblo was washed out delaying eastbound traffic. Water covered lowlands and many automobile parties stalled for hours north of Pueblo near the Colorado Springs road and a railroad track between Pueblo and Colorado Springs remained in use due to washouts at El Paso county.
MENTIONED IN THIS ARTICLE
Pueblo
Col
Henry Rans
Paints
Arkansas
Fountain
Fountain River
Pountain River
Publo
Colorado Springs
Buttes
Here
el Paso
President Harding Seen Shopping For Father Gift
Washington reports President Harding, in downtown traffic, visited a jewelry store with his secretary. Bystanders teased he might be buying a wedding gift for his father, but details remained with the secretary and store owner.
MENTIONED IN THIS ARTICLE
Washington
Harding
Vanderlip Meets German Officials in Berlin Meeting
American financier Frank Vanderlip, in Berlin for a brief stay, conferred with Dr. Walter Rathenau minister of reconstruction and planned talks with other cabinet members and leaders of industrial firms and financiers about reconstruction plans.
MENTIONED IN THIS ARTICLE
Vanderlip
Berlin
Frank Vanderlip
Flonnefer
Walter Rathenau
Harding asks 200000 for disarmament conference costs
President Harding asked Congress for two hundred thousand dollars to defray expenses for the disarmament conference. Secretary Fletcher and Budget Director Dawes supplied the figures, with a letter and invitation copy sent to nations. The Senate Appropriations CommitteePlans to rider the amount onto shipping board deficiency bill. the House already passed the bill. Premier Briand will attend the disarmament conference in person.
MENTIONED IN THIS ARTICLE
Washington
Harding
Congress
Fletcher
Dawes
Budget Bureau
Senate Appropriations
Shipping Board
House
Briand
France
United States
Tanner Shot at Chicago Leather Plant Gate
Sigmund M. Einsendrath wealthy tanner of 740 Morton Avenue was shot by an unidentified robber as he passed the gate of the Well and Einsendrath plant at 2221 Histon Avenue. He was taken to Alexian Brothers hospital with doubtful chances of recovery. The firm, founded in 1898, employs many in the leather trade.
MENTIONED IN THIS ARTICLE
Chicago
Sigmund M. Eisendrath
Moraton Avenue
Histon Avenue
Ile
Alexian Brothers
Elsendrath
Well and Elsendrath
Two Campers Missing After Diamond Lake Find
Lake Forest Illinois reports a camping party of five boys aged about twelve to fourteen. A complete outfit and their clothes were found on the east shore of Diamond Lake. The boys pitched camp last Wednesday and have not been seen since Saturday. Nearby resident George Tay found the items. Police investigate disappearance and search expands. Arrests made for flying over Davenport. Emerson flying circus pilot Deut. tm Ingram and photographer A S Tall were arrested for flying over the city within 1,000 feet of the business section.
MENTIONED IN THIS ARTICLE
Lake Forest
Diamond Lake
George Tay
Davenport
Tm Ingram
Emerson Flying’ Circus
A. S. Tall
Kennedy Murder Trial Moves Toward Aug. 2 Date
In Los Angeles California Arthur C. Burch and Madeline Obenchain face a murder indictment for J Belton Kennedy. They seek a pleading extension to August 22 under California law. Obenchain appears near collapse during indictment reading as she sits with her ex husband and questioned in court.
MENTIONED IN THIS ARTICLE
Los Angeles
Cal
Arthur C, Burch and
Birs
Madelynge Obenchals
J. Belton Kennedy
California
Sidney A. Reeve
Obenchain
Chicago
Tie Bar
Reeve
Asa Keyes
Burch
Reyes
Mrs. Obenchatn
Obencham
Geyes
Innocent
William A. Borch
Beanston
Kennedy
Beverly Glen
Deadlock in Russia famine relief talks in Riga
In Riga Aug 16 Walter Lyman Brown ARA director and Masiia Litvinov acting for the Soviet famine relief committee failed to bridge their dispute. Washington Moscow action will decide the issue Litvinov refuses to surrender Bolshevist control of food distributors in the famine aid program.
MENTIONED IN THIS ARTICLE
Riga
Latvia
Russia
Walter Lyman Brown
American Relief Administration
Masiia ‘Litvinov
Goviet Famine Relief Committee
Washington
Moscow
ML. Litvinov
Veterans Returned to Field Commands in Army
Staff veterans who served on General Pershing's staff in France and later resumed staff work in the United States are among those slated for early assignment to field commands.
MENTIONED IN THIS ARTICLE
Field
Washington
Army
U S Seizes Bahamas Brought Booze Fleet Alert
Philadelphia Aug 16 Fetter agents ready to seize a fleet of schooners from the Bahamas. The vessels lack wireless and are not equipped with the latest safety features. officials prepared to act.
MENTIONED IN THIS ARTICLE
U. S
Bahamas
Rebels Take Town in Para Washington Aug 16
Official advices report Captain Cervantes and forces allied with General Benavides capture the Peruvian town of Inquitos. The report notes the action occurred as revolutionary tensions continue in the region. Authorities confirm the town change in the latest dispatches received here.
MENTIONED IN THIS ARTICLE
Para
Washington
Inquitos
Cervantes
Benavides
Wisconsin Prohibition Office Targets Saloon Interiors
Wisconsin saloonkeepers organize to challenge the dry act as prohibition commissioner W Stanley Smith vows strict enforcement. Bars and interiors must be removed or opened to street view, with districts cooperating to enforce the measure and prevent liquor sales.
Good Roads Bill Reported in Senate Aid Plan
Washington A good roads aid bill was reported favorably by the Senate with a plan to pass before recess. It creates a federal commission to disburse 1,000,000 dollars for annual road improvements and requires three sevenths of improvements to be Interstate while four sevenths may be Interstate. Sixty percent or more of federal funds would go to Interstate roads. A sliding scale of federal aid is provided for states with large public land areas.
MENTIONED IN THIS ARTICLE
Washington
Senate
Baruch to Testify on Agricultural Aid Measures
Bernard M. L. Baruch will testify before the Joint Congressional Commission on Agricultural Inquiry on August 28. He will discuss measures to aid farmers in maximizing their crops and boosting production amid current economic concerns.
MENTIONED IN THIS ARTICLE
Baruch
Washington
Bernard ML Baruch
Joint
Congress Onnil Commission On Agricultural Inquiry
Markets Update From Grain and Live Stock Prices
Hard spring wheat and soft winter wheat quotes mix with flour, patent levels, and sacks. Butter and eggs receipts cited with grade premiums and storage notes. live poultry and iced poultry prices listed. Potatoes onions cattle sheep and hogs priced with range figures across market sectors.
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Brotlerm
TBI
Choter Ueht
BNAS
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