Tax cuts loom as Congress passes bills for five to six billion
The House-backed measures propose about five to six billion dollars in tax reductions next year to ease the postwar reconversion shock. A conference to resolve differences could narrow the gap to roughly 438 million, with likelihood of a veto remote and the Treasury plan not far from the modest five point three five billion figure.
MENTIONED IN THIS ARTICLE
Congress
Treasury Department
Republic
Senate Approves 5.788 Billion Tax Cut Bill
The Senate by voice vote swiftly approved a 5.788 billion dollar tax cut for next year, removing about 12 million people from the income tax rolls and aiding individuals and corporations. Differences with the House will be settled in conference over excess profits, excise taxes, veterans relief, and income tax methods.
MENTIONED IN THIS ARTICLE
Washington
Llp
Senate
House
Finance Committee
Arthur H. Vandenberg
R-Mich
Robert A. Taft
Ohio
Senatorship Data of OPA In Allotments
Washington OPA faced Republican hostility at a senate banking hearing over printed propaganda slips included with army allotment checks. Sen Taft accused Bowles of propping up propaganda while Bowles defended it as exposing inflation. Senator Millikin and others argued the practice violated the law and undermined trust in price controls. Bowles defended the program and denied spying claims.
MENTIONED IN THIS ARTICLE
Washington
OPA
Chester Bowles
Senate Banking Committee
Sen
Taft
Ohio
United States
Bowles
Millikin
R-Corp
Wagner
D-N.y
Hickenlooper
Iowa
Columbus
Congress
Flying Officers' Discharge Sped
The army air force announced that commissioned flying officers with 44 points as of Sept. 2 and two years of service will be discharged as soon as possible. The affected officers include air crew specialists such as navigators pilots and peripher dressers and will be discharged in order of point scores unless they opt to remain in service.
MENTIONED IN THIS ARTICLE
Washington
INS
Army Air Force
United Nations Charter Becomes Law After Ratifications
Secretary of State Byrnes signs the UN charter protocol completing ratifications from Poland Ukraine White Russia and the Soviet Union. The four documents bring the total to 29 nations. Byrnes confirms the charter is now part of international law and vows US effort for world peace.
MENTIONED IN THIS ARTICLE
Washington
United Nations World Security Organization
Byrnes
Poland
Soviet Union
United Nations
Law of Nations
Archibald MacLeish
Cordell Hull
Truman
Revenge as Veterans Feed K Rations to Draft Board
Jersey City draft board No. 16 members and six former draftees staged a meal of army K and C rations at Belford Inn to coin a point about war. The session featured humor and taunts as several witnesses, including six draftees and Dr Jerome Paterno, endured the rations amid fellow ex-soldiers.
MENTIONED IN THIS ARTICLE
Robert Richards
Jersey City
Draft Board No. 16
Belford Inn
James de Lorenzo
Joe Michalski
de Lorenzo
Chum
Fifth Army
Michalski
No. 16
Patrick Spaldo
Italy
Anthony Loja
Pat
Charles Ocone
Francis Spaldo
Aleutians
Carlo Delorenzo
Texas
Frank Delgrande
Seventh Army
Africa
Germany
Pic
Caesar Marchitto
France
Jerome Paterno
Paterno
Doc
Pat Spaldo
Committee Vetoes Atom Leakage Ban
The House Military Affairs Committee rejected Rep. Elston's amendment to bar disclosure of atomic secrets to foreign nations without Congress approval. The panel rewrote the administration's atomic bill behind closed doors, easing penalties for scientists who reveal secrets unless intentional. Under War Department approval the bill allows limited private lab research not risking national safety.
MENTIONED IN THIS ARTICLE
Washington
INL
House Military Affairs Committee
Congress
Rep
Elston
Ohio
War Department
Nationalization of Czech Key Industries Signed
Prague radio reports President Benes signed a decree nationalizing Czechoslovakia's key industries including mines breweries and chocolate factories and also affecting banks in a sweeping move.
MENTIONED IN THIS ARTICLE
London
Prague Radio
Benes
Czechoslovakia
Snow Invasion Friday Predicted for Iowa
The forecast for Cedar Rapids calls for fair and cooler weather tonight with lows near 30 and a snow invasion expected Friday from the northwest. The bulletin notes statewide lows around 24 in the north and 28 in the south as clouds gather and showers develop while temperatures slide.
MENTIONED IN THIS ARTICLE
Iowa
Cedar Rapids
Aesop
Chambers-Inskeep
Spencer
Davenport
De Valera says Eire will not seek UN security council membership
Dublin reports Prime Minister De Valera stated that Eire does not intend to apply for membership in the United Nations security organization at the present time.
MENTIONED IN THIS ARTICLE
Dublin
de Valera
Eire
United Nations Security Organization
Four Point Butter Cut Goes Into Effect Sunday
The OPA announced that butter margarine lard shortening and oils will have four point cuts per pound effective Sunday through December 1. Prime cuts remain at current values in November, while lower grades stay ration-free. Four more stamps in ration book four become valid November 1 for meats and fats.
MENTIONED IN THIS ARTICLE
Washington
OPA
Chester Bowles
Bowles
Agriculture Department
Candidacy Shunned By Venezuelan Junta
Caracas According to the insurgent junta the current government cannot run in the upcoming presidential elections as part of its pledge for complete democratic reforms.
MENTIONED IN THIS ARTICLE
Caracas
INS
GM Workers Vote For 30 Percent Pay Increase In Favor Strike
General Motors workers nationwide vote 70 853 to 12 437 in support of a 30 percent wage increase. Walter Reuther says an immediate strike is not authorized. only the international executive board can decide. Hollywood movie strike fallout cited with 225 000 idle and Warners pickets amid ongoing jurisdictional disputes.
MENTIONED IN THIS ARTICLE
Associated Press
General Motors Corporation
Walter Reuther
CIO
United Automobile Workers
International Executive Board
Hollywood
Job
Reuther
H. W. Anderson
General Motors
AFL Executive Council
Cincinnati
Warner Brothers
Herbert K. Sorrell
Warners
Motion Picture Producers and Distributors Association
Independent Picture Producers
Eric Johnston
Donald Nelson
AFL
Passenger Tire Quota Unchanged for November
The OPA confirmed November quotas: 2,500,000 passenger car tires, 250,000 large truck tires, and a reduced 350,000 for small trucks. It noted ongoing shortages as demand exceeds supply. September output reached 2,632,171 with early October runs at 2,800,000, below the 4,000,000 October target.
MENTIONED IN THIS ARTICLE
Washington
OPA
Dim outlook for removing passenger car tires from rationing persists
Des Moines AP reports OPA tire chief Charles Casford says the November quota for grade one passenger car tires statewide is 46 000, similar to October. Small truck tires drop to 6 368 from 9 000, due to manufacturing shifts to original equipment. Large truck tires fall to 4 157 from 4 500 in October.
MENTIONED IN THIS ARTICLE
Des Moines
Charles Casford
OPA
Shortage of Rayon Threatens New Suits for Veterans
NEW YORK AP reports retailers' stocks of men's clothing dwindling toward vanishing point. Industry sources warn that unless rayon supply for linings is increased immediately, there will be no new suits for returning veterans.
MENTIONED IN THIS ARTICLE
New York
Diplomatic Ties Cut by MacArthur
Tokyo AP reports Gen. MacArthur orders Japan to sever relations with all foreign governments and turn over diplomatic archives and papers to Allies. Japan must recall diplomats from major and neutral states and surrender records to four Allied powers with protecting powers overseeing Nipponese interests.
MENTIONED IN THIS ARTICLE
Tokyo
MacArthur
Japan
Nenral
Joint Chiefs of Staff
Washington
Moscow
United Kingdom
Russia
China
United States
France
Netherlands
Sweden
Switzerland
Domei
Fumimaro Konoye
Ko~noye
MacArthur Orders Breakup of Japanese Diplomatic System
Washington reports that Gen Douglas MacArthur ordered Japan to break up its overseas diplomatic network citing espionage risk long before Pearl Harbor and a fear Allied powers might obtain secret papers. Allies plan a clean restart and will scrutinize ex-diplomats before they resume official roles.
MENTIONED IN THIS ARTICLE
Washington
Douglas MacArthur
Pearl Harbor
MacArthur
Japan
Tokyo
United,States
Union claims ships reassigned to civilian cruises
In San Francisco area, unions charged that merchant ships used to bring overseas servicemen home were reassigned to civilian tourist cruises. The union threatened to strike in protest as they push to keep wartime crew assignments.
MENTIONED IN THIS ARTICLE
San Francisco
Maris
San Francisco Bay Area
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United Nations Organization
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Detroit
Michigan
Malcolm Bingay
Grand
Mr. Bingay
Sen. Wickenlooper
R-Ia
World Security Unit
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Patton
Dwight D. Eisenhower
Victory Park
Frankfurt
George S. Patton, Jr
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