18 Jan 1935
Page 1
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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 18, 1935
Page
1
The Roosevelt plan urges unemployment insurance and age pensions as a national framework. It favors a uniform payroll tax starting at three percent, with lower rates early on, plus state unemployment taxes credited against federal costs. It warns of burdens on employers and the potential for misuse without guardrails.
Bruno Hauptmann, on trial for the Lindbergh baby murder, shouted “stop lying” at a federal agent describing the ransom money found in his Bronx home and garage. Special Agent Thomas H. Sisk testified money was hidden in a jug and in garage woodwork, while witnesses noted more than $14,000 recovered.
A sharp overnight freeze coated roads in ice and caused widespread hazards. Wires along with telephone lines were damaged and highways from Cedar Rapids were deemed dangerous Thursday morning. State crews salted hills and curves on Highways 61 and 30 while isolation to northern Linn and Jones counties saw ice up to an inch thick. A few cars crawled along at a snail’s pace as Western Union wires broke between Anamosa.
The article honors Benjamin Franklin as a universal genius and the most practical mind among the founders. It highlights his roles as printer, inventor, scientist, diplomat, and thinker, noting his tolerance, faith, and enduring influence, with a nod to his Autobiography and Poor Richard.
The Linn County Medical Society urges a trial of a county funded family health insurance style plan for indigent sick. The plan aims to rehabilitate disabled individuals and preserve morale among relief recipients, arguing current straight fee care harms the poor.
Des Moines Gov Clyde L Herring urged the Forty sixth General Assembly to use state liquor store profits to fund old age pensions for needy Iowans and to levy a graduated tax on chain stores and chain stations. He proposed eleven legislative items including new liquor and chain store measures and endorsed preserving local revenue for pension needs.
The senate approved a $50,000 appropriation to continue its investigation of munitions manufacturers. The action was taken Thursday in Washington, with lawmakers backing the enhanced probe funding.
Washington AP reports on the administration social legislation plan with Q and A on who is covered how pensions are funded and paid. It explains a compulsory annuity payroll tax, eligibility after 65 with 200 weeks tax, monthly pensions from about 22.50 to possibly 75 100, exemptions for salaries 250 or more, and survivor benefits to dependents or estate.
Mrs. Andrew Moffit of seven miles northwest of Tipton died in a Davenport hospital at 3 a m after a skull fracture from a basement fall Tuesday. She was a cousin of District Judge John T. Moffit of Tipton and was found unconscious in the basement at 4 30 p m Tuesday. A Chicago physician performed a skull operation.
Washington reports that 52 American business leaders will form a council to liaise with the government on legislative and other matters. President Roosevelt, Secretary Roper, and H P Kindall helped shape final arrangements after a dinner of officials and executives.
Washington—Legislation to implement FDRs economic security program was introduced by Sen. Wagner and Rep. Lewis. The measures propose three old age pension options, unemployment insurance with federal subsidies to states, and federal support for maternal and child health programs. The plan emphasizes sound financing over flat payments.
Washington report details major features of a federal economic security plan. Old Age Pensions include state contributions up to 30 monthly and a federal pension system with payroll taxes starting 1 percent in 1937 rising to 5 percent by 1957. Unemployment Insurance would be state administered with federal grants and a 3 percent payroll tax on large employers, beginning 1936. Aid to Children and Mothers assigns statewide duties and a $43.5 million annual federal allotment.
President Roosevelt outlined to Congress his program of unemployment insurance old age pensions aid to mothers and children and urged speedy approval. He said the project would not jeopardize the nation's credit and projected the program in force within eleven months with early action on related bills.
Washington AP reports the text of President Roosevelt's social security message to Congress dated June 8 1934. He notes a committee on economic security prepared a plan for legislation with input from technical and advisory boards. He urges prompt federal action conditioned on state actions and emphasizes caution and balance of national credit and rights.
Des Moines AP Edward A. O Nea l president of the American Farm Bureau federation told the Town Farm Bureau convention that agriculture has been pulled from its acute emergency but gains must be made cumulatively permanent. E S Foster NYS Farm Bureau secretary joined the talk criticizing commodity price instability as agriculture s major problem and urging higher prices and honest delta.
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