Million Dollar Incomes Drop As 1937 Returns Rise
Treasury data show million-dollar earners fell from 61 in 1936 to 49 in 1937 while total federal income tax receipts slipped from 1 214 017 000 to 1 141 619 000. Taxpayers filing returns numbered 6 350 148 with total net income 21 238 574 000, up from 19 240 110 000. One income over 5 000 000 was reported, identity kept confidential.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Henry Morgenthau, Jr
Treasury
Tax figures cite Morgenthau on 1937 income gains
Morgenthau notes aggregate net income rose to 104 percent in 1937 and says the effective tax rate on all taxable returns stood at 7.5 percent. He references $1,000,000 and 38 incomes over $5,000,000 in the discussion.
MENTIONED IN THIS ARTICLE
Morgenthau
Miss Manners Columns On Graduation And Romance
Column discusses parents skipping graduation and asks for guidance. Reader Pal fears no show by folks near graduation. Advice encourages attendance, group outings, and sharing the moment to honor the graduate. Also counsels patience after dating missteps and notes a push to raise speed limits, including a proposed 60 mile per hour limit and a 45 mph night limit in California.
MENTIONED IN THIS ARTICLE
Miss Manners
Pal
States
California
Questions and Answers on Patriotism, Height, and Joy
Albert Edward Wiggam presents scientific views on how to value heroes without blind worship. He argues real patriotism requires balanced admiration. He cites a height study showing women graduates taller than mothers and discusses nutrition and ancestry. He warns neglecting joy erodes happiness despite good events.
MENTIONED IN THIS ARTICLE
Vassar
Wellesley
Smith
Mount Holyoke
Europe
Poets Claim Old Age Poetic Pleasures Diminish Life
A writer laments that in old age poetry he is nauseated by neglecting pleasures. He asserts personality and joy decline if these joys aren’t expressed. The remark frames art as essential to living fully in later years.
MENTIONED IN THIS ARTICLE
Charles Darwin
Heat Causes Fatal Blast in Kotah Magazine Depot
In Allahabad region a magazine explosion at Kotah killed thirty people and left many feared buried under debris as intense heat is believed to have detonated the explosives.
MENTIONED IN THIS ARTICLE
Allahabad
India
Kotah
Japanese Invasion in Outer Mongolia War Report
Report says Japanese and Manchukuoan forces invaded a Soviet run sector of Outer Mongolia after a four hour battle with Mongolian troops. Dispatches from Manchukuo confirm the action on Friday amid the broader Sino Soviet border tensions.
MENTIONED IN THIS ARTICLE
Tokio
Ins
Outer Mongolia
Manchukuo
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