Depreciation and Depletion Defy Simple Accounting
A seasoned economic commentator argues that depreciation and depletion reflect real production changes, not mere bookkeeping. He warns against tax policy assuming huge gains from stripping deductions, noting energy use, obsolescence, and tool wear shape costs, profits, and wartime production.
Make Your Life Count Through Selfless Service
A reader is urged to avoid wasted years by pursuing unselfish work. The note analyzes Dr. Grenfell’s life of aid in Labrador as a model of joyful, meaningful service, and contrasts selfish pleasures with a career conquering injustice and ignorance. It also weaves in the editor’s reflections and quotes from various radio and public figures.
MENTIONED IN THIS ARTICLE
Louise
Dr. Grenfell
Labrador
America
Out of The Past Compensations Inspiring Quote
A Shakespeare quotation notes that true aid to others also aids the helper, calling beauty in life’s reciprocated generosity and moral exchange.
New World Lessons And Reflections From Everyday Living
A collection of aphorisms and maxims by Joseph Fort Newton exploring personal conduct, faith, social behavior, and wisdom. It weighs self discipline, kindness, courage, and critical thinking amid modern life with a mix of humor and moral observations.
Voices of War Leaders and Trade Chiefs Urge Resolve
President Getulio Vargas praises Brazilian workers after a massive parade as a display of resolve against aggression. Donald Nelson warns against assuming scrap yard material is idle and may fuel future industry. President Roosevelt urges lasting victory with caution to avoid future betrayal in guiding youth.
MENTIONED IN THIS ARTICLE
Brazil
Getulio Vargas
Donald Nelson
WPB
President Roosevelt
Plan for 100 percent excess profits tax to fix corporate rate
Former Treasury official John W. Hanes urges Sen. George to remove corporate taxes from politics by applying a base rate to all corporations and a 100 percent excess profits tax on earnings above three maxima. He calls for careful scrutiny, limits by net after taxes, and renegotiation boards focused on costs, warning current law stifles production.
MENTIONED IN THIS ARTICLE
Treasury
Sen
Walter F. George
Congress
Government Seeks Individuals to Sell Typewriters
The army and navy need 500000 typewriters and have shifted from courting corporate buyers to appealing individuals. If response is weak, Donald Nelson may take tougher action as WPB records show firms hoarded used machines after prohibitions, risking conscription to meet demand.
MENTIONED IN THIS ARTICLE
Army
Navy
Uncle Sam
Donald Nelson
WPB
Mr. Kaiser
Kaiser
Armed Services
Mixed Up
Brunswick Ga brief quotes a leading banker advising thrift caution. The piece notes some people confuse spending with earning and warns against overextending finances. It reflects a national push toward prudent budgeting with local emphasis in Brunswick.
MENTIONED IN THIS ARTICLE
Brunswick
Tireless Marines Gather Material for Endless Hymn
The Detroit News frames marines as tireless workers in a portrait of constant effort. It highlights their routine gathering of material for another stanza of a nearly endless hymn to duty.
MENTIONED IN THIS ARTICLE
The
Detroit News
Treasury's Spending Tax Salvaged From Ash Can
The treasury revived its spending tax plan after private committee discussions and external criticism. It aimed to raise 6.5 billion dollars yearly by taxing incomes and existing levies, sparking internal dissent and warning from officials while facing resistance from Congress and military priorities. Key figures referenced include Morgenthau, Senator Guffey, and Grümann Aircraft chief Jake Swirbul who secured steel, enabling a new war plant.
MENTIONED IN THIS ARTICLE
Ashington
Treasury
House
Ways and Means
Irving Fisher
Yale
Connecticut
Hazlitt
John Stuart Mills
Congress
Joe Guffey
Senate Finance Committee
Jake Swirbul
Grumann Aircraft
Navy
Swirbul
Melt Liberty Bell Or Not Debate Rages In New Rochelle
The New Rochelle mayor defends melting historic La Rochelle cannon into scrap while warning against discarding symbolic relics. He argues monuments carry irreplaceable value beyond metal needs and urges a careful inventory before any broad meltings.
MENTIONED IN THIS ARTICLE
Staniey W. Church
New Rochelle
la Rochelle
France
Church
Skip Tax for 1941 Ask Readers No. 1 Optimist
Henry McLemore reports on a humorous survey about taxation ideas. He mocks treasury plans and proposes a satirical universal surrender of all money to the government, to gauge who would be refunded and who would not, highlighting public impatience with tax schemes.
MENTIONED IN THIS ARTICLE
Farmer
Indiana
Columbus
Seneca
Henry McLemore
New York
Singlefoot
Gallup
McGuffey
Walter George
Treasury Department
Senate Finance Committee
Beardsley Ruml
Ruml
Revenue Department
Ford Fatigue for Hitler as Hank Ford Bombers Count Daily
Arthur Baer comments on Henry Ford producing bombers at a rate of 8760 per year with no lunch breaks. He notes 24 replacements daily in all weather, enabling sustained bombing schedules over Europe. The piece jokes that Hitler will endure Ford fatigue as Ford’s planes are used to drop on people, a first for Henry Ford.
MENTIONED IN THIS ARTICLE
Henry
Castor oil for diarrhea questioned by colleague
Dr Brady notes prior guidance on using castor oil for acute diarrhea in infants and adults, then receives a letter from a physician arguing against castor oil as harmful to intestinal lining. Brady replies he has not used castor oil in 20 years and says other purgatives can replace it.
MENTIONED IN THIS ARTICLE
Brady
Weeeae
America
Mom
Pop
Bedelia
Castor oil debate and resuscitation notes in column
The columnist recalls recommending Aromatic Syrup of Rhubarb over castor oil for summer stomach aches, apologizes for the castor oil focus, and notes a New Orleans desk sergeant demonstrating artificial respiration. The piece cites Red Cross approval, offers a resuscitation booklet by mail, and discusses hernia causes with a cited statistic from Mosby 1938.
MENTIONED IN THIS ARTICLE
New Orleans
Red Cross
Also Mentioned on This Page
Merryle S. Rukeyser
INS
Europe
Asia
Seaboard
Robert Quillen
Roosevelt
Peglar
Washington
Shakespeare
Joseph Fort Newton
Dr. Newton
George Clark
Jwaarvewi
Atateh
John W. Hanes
United States
B. Heath
NEA
Paul Mallon
Senate
Morgenthau
Paul Mallen
New York Herald Tribune
By Arthur
Bugs" Baer
Ford
Hitler
Hank Ford
Mr. Hitler
Wm. Brady
Castor Oil
M.D
H. B
A.—Watson
Mosby Company