Administration poised to drop undistributed profits tax
Washington reports the administration will not seek reenactment of the undistributed profits tax, citing business recovery needs. The tax expires at year end and officials plan to submit a business aid program to Congress, while other revenue measures may wait until after March 15 tax returns.
MENTIONED IN THIS ARTICLE
Washington
Congress
Roosevelt
Secretary of the Treasury
Henry Morgenthau, Jr
John W. Hanes
Tax reform proposals discussed in congress and treasury
Senators Claude Pepper and Hardin Peterson seek a 50 percent cut in the excise tax on grade A cigars to aid the tobacco sector. Franklin D. Roosevelt cautioned that any move to eliminate the undistributed profits tax would need study to gauge revenue impact. The tax currently imposes a 24.4 percent rate with exemptions for incomes under 25,000 dollars.
MENTIONED IN THIS ARTICLE
Congress
Claude Pepper
Fla
Hardin Peterson
Roosevelt
Arthurdale
W. Va
Treasury
American Institute of Accountants
Committee On Federal Taxation
British Airliner Is Forced Down At Sea But Occupants Safe
The S S Columbus reports an SOS from a British passenger plane named Cambria, 15 miles north of Mozambique off East Africa. The plane was damaged and towed to shore after passengers and crew were confirmed safe.
MENTIONED IN THIS ARTICLE
New York
Radiomarine
Chatham
Mass
Mozambique
East Africa
Cambria
Cabria
Columbus
Cartagenas Revolt In 1936 Sinking Death Toll Report
London dispatch from Captain Wilkinson cites thousands killed in Cartagena revolt. Franco forces bombed ships and attacked harbor, with 1,500 nationalist soldiers aboard a troop ship that disappeared after a shell strike. fighting continued until Tuesday when the uprising ended.
MENTIONED IN THIS ARTICLE
London
INL
Cartagena
Wilkinson
London Dailyexpress
Francisco Franco
Madrid
Reuter
Bizerte
Tunisia
Cartagena Harbor
Cartavont
Wild Baboon Crashes Northern Rhodesia Garden Party
A large wild baboon interrupted a garden party in Bulawago Ndola district. Guests fled indoors as the animal helped itself to pastries, plucked flowers, and attempted to enter the house before vanishing.
MENTIONED IN THIS ARTICLE
Bulawago
Northern Rhodesia
Ndola
H. F. Cartmel- Robinson
Baboon Intrudes Party Before Guest Fires It
A baboon rings a doorbell and presses into a party scene. The startled hostess closes the door as the animal persists. A guest fires at the baboon as it forcefully attempts to enter through a wired veranda.
Also Mentioned on This Page
Peach
Shell
NEA Service, Inc
Tm.rec. U
Williams
JR Williams
Beck's
Nue
China
Monitgor
Second Street SE
Eere Supreme
Lifetime
Alethia
Ieilestoni
Malden
Wards
Eda
Montgomery
Second Street
DIAL
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!