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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 08, 1941
Page
3
President Roosevelt asks Congress for a 17.5 billion dollar budget for 1942, with 62 percent for national defense. He outlines rapid expansion of Army and Navy, 1.4 million soldiers, more planes, expanded training, and a growing defense industry to meet a world whose stability is in flux. He notes total defense obligations could reach 25 billion over three years, with non-defense cuts to balance expenditures.
Policy outlines continued social security and unemployment coverage, plus farm support amid war. It calls for 45 million dollar cuts to agriculture programs, deferral of some public works, and 995 million for work relief to absorb labor as defense expands production and employment.
The defense buildup drives expenditures and raises expected revenue as national income climbs. 1942 receipts are forecast at 9 billion dollars, with half from defense taxes and half from income gains, surpassing 1940 nondefense spending by 1.6 billion. The plan weighs pay-as-you-go versus borrowing, aims to raise current tax receipts, and argues for a broad reform of the federal tax system to fund expanded military forces without inflation.
Marion High defeated Springville 31 to 24 after a sluggish start. Martin led Marion with key scores while Cowper carried Springville. The halftime score was 15 to 13, Marion pulled away in the second half with an 11 to 4 run.
The 1941 budget outlines a national program stressing armament needs while condemning the burden on a peace loving people. President Franklin D Roosevelt notes the defense burden is unavoidable as the nation faces uncertain signposts ahead and defends democratic life.
Chicago reports Dizzy Dean will serve as the Cubs specialty number under manager Jimmy Wilson. The 1941 contract value remains at $10 million, with Dean allowed to pitch occasionally against Philadelphia or Brooklyn teams, adding color and pep to the club per the new leadership.
Immaculate Conceptions CYO faces Quasquet on Wednesday and Iowa City on Thursday at 8 pm in the 10 gym. The squad remains undefeated as it schedules two more league games this week.
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