Treasury plans revealed at group hearing on tax reforms
Washington officials disclosed immediate tax revision approval and a sweeping future plan. Undersecretary Roswell Magill opposed repealing profits or capital gains taxes while outlining steps to integrate federal and state taxes and abolish tax exempt bonds. The proposal envisions estate and gift tax consolidation, revised court procedures, net operating loss carryovers, lower personal exemptions, earned income credit, and phased excise tax repeal with substitutes.
MENTIONED IN THIS ARTICLE
Washington
INS
Treasury
Roswell Magill
House
Ways and Means Committee
Morgenthau
Magill
O R C Board Sets Tuesday Joint Installation Meeting
The Order of Railway Conductors board will convene next Tuesday in the O R C building for its semi annual business session. Officers and trustees from multiple cities join Cedar Rapids in the meeting and a joint installation with the Ladies auxiliary division No 37 is planned.
MENTIONED IN THIS ARTICLE
the Order of Railway Conductors
J. A. Phillips
C. S. Montooth
J. E. Rogers
All of
Cedar Rapids
F. H. Nemitz
Los Angeles
M. P. Reynolds
Seattle
W. D. Johnson
Washington, D. C
F. J. Williams
Grand Rapids
Mich
G. H. Oram
Chicago
E. J. Ellingson
Eugene
Ore
Thomas Todd
Hamilton
Ont
Canada
C. W. Merrill
Jamaica Plain
Mass
Charlies E. Stone
Frank
Leaders We Need in Turbulent Times
Dr Newton warns in 1938 that social and religious unrest signal a demand for higher leadership. He cautions that nations drift when intelligent leaders refuse to act, allowing demagogues to sway the masses and threaten societal progress.
MENTIONED IN THIS ARTICLE
Napoleon
America
England
Russia suspends Italian payments over oil dispute
Moscow reports that Russia suspended commercial payments to Italy claiming the Italian navy refused to pay for Soviet oil and that Soviet ships were detained in Italian ports. Italian firm payments to the USSR were halted and funds placed in a state bank account as Pravda cited a state property issue.
MENTIONED IN THIS ARTICLE
Moscow
Russia
Italy
Soviet Union
State Bank of
Communist Party
Pravda
Temperature Climbs in Cedar Rapids After Near Zero Low
Cedar Rapids temperatures rose from a 2 above minimum between 3 and 6 a.m. to 16 at 9 30 a.m. and 35 at 1 45 p.m. Friday’s high reached 29 in the early hours while readings fluctuated to 26 by 2 p.m. 19 at 7 p.m. and 6 above at midnight per Chambers Inskeep records.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Mercury
Chambers Inskeep Company
Wallace Accepts Resignation of AAA Cotton Pool Manager
Secretary Henry A. Wallace said he accepted the resignation of Oscar Johnson, unsalaried manager of the AAA cotton producers pool, on Friday night in Washington.
MENTIONED IN THIS ARTICLE
Cotton Pool
Washington
Secretary of Agriculture
Henry A. Wallace
Oscar Johnson
AAA
Cotton Producers’ Pool
Norris Urges Heavy Tax to End Holding Firms
Senator Norris of Nebraska backs President Roosevelt’s plan to abolish holding companies via taxes. He says a heavy tax could swiftly eliminate all but some types, while others oppose the proposal. Roosevelt’s remarks at a Friday press conference sparked Wall Street surprise and mixed business reactions ahead of further White House talks led by John L. Lewis’s group.
MENTIONED IN THIS ARTICLE
Washington
Norris
Neb
Roosevelt
Nebraskan
New York
Wall
John L. Lewis
White House
Mae West Denied Dining Car Permit
Los Angeles authorities refused Mae West a zone variance to run a dining car, allowing her to operate a steak house only if she builds an ample structure. The dining car in question was a circusman Al G Barnes private house on wheels costing about 65 000 dollars.
MENTIONED IN THIS ARTICLE
Los Angeles
Mace West
City Planning Commission
Mae
al G. Barnes
French Franc Never Happy On Each Side Of A Decimal Point
Column by Arthur Bugs Baer jokes about the French franc in 1938, noting political upheaval and a weakening currency. It mentions the franc at 3.23 and hints at AEF coupons for consumer goods as a satirical sign of economic strain.
Warn Fascism May Be Result Of Recession
Economists warn the ongoing recession could breed fascism as unemployment rises. Yale’s Jerome Davis says both wealthy elites and propaganda manipulate the jobless toward false prosperity. Johns Hopkins’ Broadus Mitchell questions capitalism’s price and profit system amid the slump.
MENTIONED IN THIS ARTICLE
Washington
INS
Senate Committee
Joint Committee On Unemployment and Taxation
Jerome Davis
Yale University
American Federation of Teachers
Broadus Mitchell
Johns Hopkins University
Mitchell
Big Frank Demonstrates Speed in Cedar Rapids Fistfight
Sergeant Frank Hrabetin nicknamed Big Frank chased down 24 year old Stanley Kolsto after a street altercation with Richard McNeill. Kolsto fled toward a milk truck but was captured and taken to Abrams beer parlor where McNeill suffered facial injuries. Kolsto fined 100 dollars and costs for disturbing the peace. could serve time in city jail if unpaid.
MENTIONED IN THIS ARTICLE
Frank Hrabetin
Cedar Rapids
Stanley Kolsto
Route 1
Hrabetin
First Street
Abrams Beer Parlor
Koisto
Richard McNeill
Seventh Street
Big Frank
Kolsto
McNeill
Thomas B. Powell
Shark yields human bones near Tutuila after Clipper disaster
A shark caught near Tutuila island’s north shore yielded human bones and a shirt. The find follows the Samoan Clipper explosion and sinking that claimed Capt. Edwin C Musick and six crew members. A native named Fuimaono caught the shark. The bones include a rib, arm, and thigh.
MENTIONED IN THIS ARTICLE
Samoa
Tutuila Island
Edwin C Musick
Fuimaono
Dr B J Moon Elected President Of Cedar Rapids Country Club
Dr B J Moon of 2840 Linden Drive SE was elected president of the Cedar Rapids Country Club at a board meeting Friday night. Dr J K Von Lackum was named vice president and Ben H Witwer was reelected secretary treasurer. Moon said on Saturday he had not completed his committee appointments.
MENTIONED IN THIS ARTICLE
B. J. Moon
Linden Drive
Cedar Rapids Country Club
J. K. von Lackum
Ben H. Witwer
Moon
Japan Reaffirms Resolve to Continue Conflict in China
Tokyo policy brief after cabinet and military talks state that Japan will press toward its ultimate objective in China. The draft notes punitive actions against the anti Japanese government while offering no further chance for reflection. Twenty four retired generals endorse the decision following an imperial conference with Emperor Hirohito. Former Premier Senjuro Hayashi among signatories.
MENTIONED IN THIS ARTICLE
Torio
China
Hirohito
Senjuro Hayashi
Domei
East Asia
Japanese advance Threatens Central China Rail Hub
Japanese forces push south after capturing Tsining in Shan tung, destroying the town and driving retreating Chinese troops toward Suchow, the Lunghai railway junction. Tang chiakuo falls as Kinshan retreat stretches 27 miles from Tsining with Suchow seen as the key objective 150 miles south.
MENTIONED IN THIS ARTICLE
Shanghai
China
Tsining
Shantung Province
Tientsin-Pukow
Suchow
Tangchiakuo
Kinshan
Kiangsu
Central China
Tientsin
Pukow
Jackson Attacks Parasite Holders in Monopolies Push
Assistant Attorney General Robert H Jackson branded holding company parasites and absentee landlords as he urged business to shed monopolies. He called utility hold ing company death sentence emancipation for local operators and denounced financial bureaucracies while praising NY state government relations with business. His remarks sparked talk of a potential run for Democratic governor.
MENTIONED IN THIS ARTICLE
Rochester
N. Y
Robert H Jackson
New Deal
Jackson
Rochester City Club
Jamestown
New York
Justice Department
Mail salvage reveals forwarded pieces from crash site
Postal inspectors said 808 salvaged mail pieces from the Northwest Airlines crash near Bozeman Montana had been forwarded to the intended addressees.
MENTIONED IN THIS ARTICLE
Bozeman, Mont
Northwest Airlines
Hoover blasts U S policy and peace plan talk in San Francisco
Former President Herbert Hoover rebuked current U S government over the 1933 world economic conference demise and urged American cooperation in an eight point program for peace. He called for national independence defense neutrality and moral action while criticizing neutrality acts and tariff policy. Hoover spoke to the San Francisco Women’s National Republican club via a New York City luncheon broadcast.
MENTIONED IN THIS ARTICLE
San Francisco
Herbert Hoover
United States
Hoover
New York
Belgium
Women's National Republican Club
New York City
Mr. Hoover
America
Congress
Czech Flag Found On Police Station Pole With Surprising Message
Mystery flag atop the police station flag pole is a large red white and blue Czechoslovakian banner bearing To Our Chief. Custodian Clarence Baldy Wilson found it after misplacing the Stars and Stripes and had to consult an encyclopedia to identify the foreign flag.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Clarence “Baldy” Wilson
Baldy
Bonnet Accepts Task to Form New French Government
Georges Bonnet formally accepted the task of forming a new French government in Paris. He agreed to carry out President Lebrun’s commands after political maneuvering. Earlier, radical socialists approved his government on the condition it be a peoples front coalition of communist, socialist and radical socialist parties.
MENTIONED IN THIS ARTICLE
Paris
Georges Bonnet
France
Albert Lebruns
Bannet
Elysee Palace
Radical-Socialists
Chamber of Deputies
Peoples Front
Union of
Communist, Socialist and
Radical-Socialist Parties
Roosevelt Nominates Beyer For Mediation Board
President Roosevelt nominates Otto S Beyer of Virginia for reappointment to the national mediation board for a term ending February 1 1941. He also moves Rufus W Fontenot of New Orleans as collector of internal revenue for the Louisiana district.
MENTIONED IN THIS ARTICLE
Washington
INS
Roosevelt Friday
Otto S Beyer
Virginia
National Mediation Board
Senate
Rufus W. Fontenot
New Orleans
Lousiana
Hewitt Gay marriage near break reports attorney
Ann Cooper Hewitt a New York heiress 23 admitted Saturday her three month old marriage to Ronald Gay 30 a garage foreman had failed The attorney John L McNab said the couple are having temperament problems and a separation had occurred a month ago Gay spent Friday night at his mother's Oakland home while Hewitt stayed in her San Francisco apartment
MENTIONED IN THIS ARTICLE
San Francisco
Ann Cooper Hewnrtt
Donald Gas
Ann Cooper Hewitt
New York
Ronald Gay
John L. McNab
McNab
Gay
Oakland
Miss Hewitt
Premeditation Question in Wright Murder Trial
In Los Angeles AP says jurors in Paul Wright trial hear prosecutors explain premeditation can occur in moments. Wright, accused of shooting his wife Evelyn Wright and his friend John Kimmel, faces adjournment until Monday as the case centers on the time needed for deliberate planning.
MENTIONED IN THIS ARTICLE
Los Angeles
Paul Wright
Wright
Evelyn
John
Kimmel
Cardozo Holds Own In Battle With Heart Disease
Supreme Court Justice Benjamin Nathan Cardozo was holding his own in his struggle with heart disease Saturday, according to physicians providing updates on his condition.
MENTIONED IN THIS ARTICLE
Cardozo
Washington
INS
Supreme Court
Benjamin Nathan Cardozo
Reed Nominated by Roosevelt for Supreme Court
Washington AP reports President Roosevelt nominated Stanley Reed, solicitor general, to the Supreme Court seat vacated by Justice George Sutherland. The Senate was surprised by the move. Reed, noted for lengthy government briefs, said I am deeply grateful.
MENTIONED IN THIS ARTICLE
Stanley Reed
United States
Roosevelt
Supreme Court
George Sutherland
Washington
Reed
Senate
INS
Reed Jo ng Named to Supreme Court by Roosevelt Nomination
The article reports President Roosevelt’s nomination of Reed Ong to the Supreme Court to replace the ailing Justice Cardozo. Reed, born 1884 in Mesysville, is praised for his courtroom eloquence and work as solicitor general on major New Deal cases. Senators express favorable views and hearings are planned by the judiciary committee with open public participation.
MENTIONED IN THIS ARTICLE
Benjamin Cardozo
Reed Jong
Supreme Court
van Devanter
Senate
Maurice C Latta
White House
Reed
Mesysville
Kentucky Wesleyan College
Yale
University of Virginia
Columbia
Sorbonne
Paris
Roosevelt
Reed J
Ashurst
Ariz
Judiciary Committee
Capper
Dutch Vessel Holds Up Three Jap Boats
The Hague reports a Netherlands destroyer intercepted three Japanese motor fishing boats in Tiouw archipelago waters. The Japanese vessels failed to present papers and were escorted to a public harbor for examination.
MENTIONED IN THIS ARTICLE
the Hague
INS
Netherlands
Tiouw Archipelago
Publi Harbor
Also Mentioned on This Page
O.R.C. Board
Cedar Rapids News
DR. Newton
Mae West
Arthur “Bugs” Baer
A.E.F
Country Club
Japan
Bonnet
Beyer
Mediators’ Board
Asserts Hewitt
Bulletin
Sutherland
Alabama
Hugo L. Black
Willis van Devanter
May Nave
Kan
McAdoo
Calif
Andrews
Fla
Mil
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