Treasury deficit outlook for fiscal year 1949
The article analyzes the ongoing Treasury deficit through June 15 1949 with a projected end of year shortfall near 1 billion. It notes past patterns including a 2.1 billion deficit on June 7 and a history of deficits since 1931, plus the impact of a 3 billion transfer to a European recovery trust fund reducing last year’s surplus. It also cites payroll withholding as a major source of Personal Income tax receipts.
MENTIONED IN THIS ARTICLE
Treasury
Washington
Internal Revenue
Congress
How's Your I Q A Flags and Facts Quiz
A trivia quiz asks ten questions about the U S flag including numbers of stripes stars dates and proper salutes. It references Flag Day Betsy Ross and how to dispose of worn flags and invites readers to check the answers on the classified page.
MENTIONED IN THIS ARTICLE
I. Q
Betsy Ross
Alaska
Hawaii
Thanas States
U.S
Joint State Commission Rejects High-Cost Relief Probe
The Joint State Government Commission rejected a proposed 300000 base-by-case review of Pennsylvania relief, calling it too costly. The General Assembly research arm may spend 10000 to study public assistance administration methods as the state relief system costs 2600000. The executive committee also ordered staff to survey 28 research projects from the 1948 legislature.
MENTIONED IN THIS ARTICLE
URG
Joint
State Government Commission
Pennsylvania
General Assembly
Baker Royer
Tax structure highlights government revenues sources
Personal income tax is collected and paid directly and accounts for a little over 10 percent of government revenues after refunds for overpayments. Corporation income tax makes up about 80 percent. The remainder comes mainly from liquor and cigarette taxes and other excise duties.
MENTIONED IN THIS ARTICLE
Sonal
Corporation
Comys Summer Playgrounds Set to Open July 8
Farent Teachers' Council will sponsor vacation recreation for local children with Miss Virginia Hoenes supervising. Repairs and expansion proceed at Michael Lites shop on South Center street as he adds a full line of men’s shoes. Senior High School maintenance costs totaled 16 679.04 with new furnace work noted. Rotary Kiwanis and Women’s Clubs to hear Dr Arthur Bestar at Hotel Corry on June 17. Maxine Alverson graduates from George Washington University with BA in Education. Noted fact: more than 100 toads species exist worldwide, 18 in the United States.
MENTIONED IN THIS ARTICLE
Comy
Farent
Counci
Virginia Hoenes
Michael Lite
South Center Street
G. H. Geiger
Board of Education
Atthur
Bestar
Chautauqua Iestitution
Rotary, Kiwanis
Women's Clubs
Hotel Corry
Maxine Alverson
H. W. Alverson
Marian
Kidney Fatigue Warning and Remedy Ad
An advertisement warns that backache rheumatic pains could signal kidney fatigue and promotes Thompson's Borsoma tablets for quick relief, priced 60c at drug stores.
Erie Adds New Switch Engine Board embracing diesel switch locomotive
A new diesel switch engine, smaller than the coal burners, has appeared in the Erie line here. It handles the Meadville to Salamanca way freight and shuttling in the Corry yards, marking progress toward removing coal-burning engines from local traffic. A similar engine operates between Meadville and Oil City for the same service.
MENTIONED IN THIS ARTICLE
Erie
Meadville
Salamanca
Corry
O11
City
Gunman sought near Butler as state police hunt continues
State police from four substations hunted a gunman near Butler Pennsylvania after a Pittsburgh coal company official reported an automobile theft. The suspect, believed wounded by a trooper shot, fled on Route 19 and disappeared into the woods as a patrol pursued. Officers from Butler New Castle Mercer and Rochester joined the manhunt.
MENTIONED IN THIS ARTICLE
Reso
Butler
Portersville
Pitsburgh Coal Company
M. H. Forester
Pittsburgh Consolidation Courso
Buller
New Castle
Mercer
Rochester
Dalrymple Runs for Erie Mayor in Coming Fall
Dalrymple Delbert a Sixth ward Republican and 12 year State House member announced his candidacy for Erie mayor. The 48 year old father of four plans to circulate petitions after June 25 and has backed fire and police employee legislation. He drew AFL labor support and proposed Workmen’s Compensation amendments, three of which failed by one vote. He seeks to unseat Democratic mayor Joseph G. Martin as GOP silence ends.
MENTIONED IN THIS ARTICLE
Dalrymple
Eenthie
Erie
Delbert Dalrymple
State House of Representatives
GOP
Fire
Police Department
Harrisburg
Insbor
AFL
Joseph G. Martin
Plane Missing With 7 Aboard Navy Search Continues
A Navy Reserve training plane carrying seven crew members disappeared last night at 8:45 p m off the southern California coast. Coast guard planes and a cutter searched the area while all sea rescue planes from March Air Force Base stood by. The seven men, from Memphis, were aboard the two engine aircraft, and authorities said the craft would have run out of fuel by early today.
MENTIONED IN THIS ARTICLE
Associated Press
Santa Monica
Calif
Naval Reserve
Navy
Memphis
Tom
Coast Guard
California
Arca
March Air Force Base
Also Mentioned on This Page
Apews
Bie
United States
Zelane
Hbonaid
Canary
Topp
North Center Street
Salamanca Way
Turner
Gaberdine
aLloan
Powell
Gruen
whiTox
Dad
Heiman
Home Owned Home Operated
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