Townsend Plan Analyzed as Disaster for Poor and Nation
An economist at the University of Minnesota, Dr Emerson F Schmidt, assesses the Townsend plan and warns it would devastate the poor by a massive sales tax while failing to fund pensions for 10 million Americans over 60. He notes the plan would require a $20 billion annual tax and could crush tax systems, despite public belief in its promise. Roy C Woodruff provides the analysis, arguing public misunderstanding would mislead many elderly supporters.
MENTIONED IN THIS ARTICLE
Baiter
Townsend
Hmersgon
FB. Schmidt
University of Minnesota
Roy C. Woodruff
United States
Congress
National Bureau of Economic Research
Paul Studenski
Townsend Plan criticized for net loss of purchasing power
The analysis argues the Townsend Plan would not raise net purchasing power but merely shift spending from younger to older adults. It contends only 1 to 2 million could be employed, retirement would reduce experience, saving would fall, and incentives to self reliance would erode.
Dowager Jewelry Styles Return in Fall Costume Trends
The season’s costume jewelry highlights include seven key shaped bar pins and revived dog collars from the turn of the century. Gold or silver toned key pins in several styles appear, while the 1935 dog collars appeal to college girls with rhinestone links, pearl strands, and velvet bands in black velvet widths.
Stingless Bees Promise Gentle Honey In New Jersey Apiary
Henry Brown, a former Russian sailor, claims 45 million stingless bees in Burleigh near Cape May Court House. After 12 years of cross breeding Australian and Cyprian lineages, he says these bees only sting when pressed or provoked, offering safe beekeeping prospects.
MENTIONED IN THIS ARTICLE
Cape May
Hauge
N. J
Henry Brown
Brown
Burleigh
Here
Tralian
Cyprian
Whooping Cough Dangers and Care Warned by Health Unit
The Tri County Health Unit warns whooping cough causes thousands of Michigan deaths, especially in children under three. It outlines transmission, stages, dangerous broncho pneumonia, and urges early physician care, ventilation, outdoor activity, and isolation of exposed children.
MENTIONED IN THIS ARTICLE
Michigan
Sauer
Chicago
Ann Lindbergh Book Reviewed At Club Meeting
A club meeting featured a discussion of Ann Lindbergh's book with notes on global perspectives and shared human experiences. Mary Belle Hanlon sang two songs, accompanied by Doris Gerow, showcasing a clear contralto voice. The group adjourned to reassemble December 17 with hostess Mrs. Audrey Bick.
MENTIONED IN THIS ARTICLE
Molloy
Laddie
Thayer
Mary Belle Hanlon
Doris Gerow
Hanlon
Audrey Bick
A. Elm
Classified Offer Promises Value in Clare Sentinel
A local classified notice touts a bargain filled option in the Clare Sentinel promising readers a lot for their money and potential results from listing items.
MENTIONED IN THIS ARTICLE
Clare Sentinel
Also Mentioned on This Page
Virginia
Walter Kelly Marsha Hunt
Dick Foran
Shella Manners
Sun
Stella Parish
Jan New
Pat Lok
Siason
Charley Chase
Manhattan
Monkey Business
Adolph Zukor
Paramount
Carole Lombard
Fred Macmurray
Winehell
Telson
Margaret
Halso
Bay
City, Mich
Emerson F. Schmidt
The
Washington
Tri-County Health Unit
BH. V. Thiehoff
M. D
Gladwin, Mich
Kelloggs
No-Jax Frankforts
Symons
Martin & Upton Grocery
Ecos
Ann Lindbergs
Japan
China
North Haven
Clare City