Tax revision plan eyed to boost postwar business cash
Washington June 16 plans were announced to move a tax revision through Congress in days to raise business cash by billions. The proposal, from Rep Wise Flouse and the Ways and Means Committee, would cut excess profits tax credits, raise exemption thresholds, and accelerate postwar refunds to corporations.
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Associated Press
Washington
Congress
Tui
Yeon
Ystan Ohara Coughlan
Bill Maidlay
Saulson
Repu Hoan
Gax-fusaice Committee
Dowghiton
Senate-Rousé
Treasury Department
Six Per Cent Days Are Not Over Babson
Roger W Babson argues in favor of income investors seeking 6 percent yields from utilities and stocks postwar. He predicts tax cuts next year, urges profit taking now, and analyzes why many favor dividends over price gains. He highlights honest management, price, and growth as key factors.
MENTIONED IN THIS ARTICLE
Babson
Roger W. Babson
Babson Park
Mass
Perwnal Id
Nyu
Toosevell Administration
Red Cross Annual Meeting Set for July 11
Garry Chapter Red Cross directors met last night after a postponement for Play Day. The agenda includes the annual meeting of the entire membership at Municipal Building Auditorium July 11, with full year reports to be distributed. Three board terms expire and elections will be held.
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Garry
Smere
Red Gross
Rossbather
Elire
Corry
Board of
Moredse
Mildred Altrea
Blind sergeant commissioned after Rhine crossing
George W. Stafford of Petersburg Virginia was commissioned as a second lieutenant while hospitalized after being blinded by a German shell near Leipzig. He was flown to Paris for surgery. his left eye was removed and right eye light and dark are all that remain. He hopes future operations restore sight as he serves with the unit that crossed the Rhine.
MENTIONED IN THIS ARTICLE
Stu Set
George W. Stafford
Petersburg
Rhine Marehich
Ive
Milne
Leipsiz
Paris
Big Three to Meet in War Ruined Berlin
London dispatch reports Stalinist Polish former prince Mikulajcsyk to Moscow to aid Warsaw government reform. Britain rejects France Middle East talks as prelude to a Berlin conference due before July 26. Downing Street says the meeting will occur when votes are counted in Britain’s election, likely between July 5 and July 27. Bracken defends the conference against Labour critics and Attlee as a former deputy prime minister contrasts with Churchill’s stance.
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Alex. M. Singleton
London
Stanislaw Mikulajcsyk
Privinee
Moscow
Warsaw
Britain
France
Middle East
Berlin
Timsel
Bracken
Harold Laski
Hat
Bie
Wtthas
Clement Attlee
Churchill
Draft Groups Leave District Next Week
The Corry-Union Selective Service Board reported about 2200 district men have entered the armed forces this cycle with roughly ten percent holding honorable discharges. Two more induction groups, totaling 53 men from Corry and nearby areas, depart Monday and Tuesday for service and pre induction exams in Pittsburgh.
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Corry-Union
Selective Service Board
Unio City
Corry
Henry Atwood Tubbs
Eugene Parm Jackson
Marshall Austin Adams
Kelly William, Hoffmen
Leonard Milford Davis
John Martin Tinko
Paul Lyle Taylor
Merton Raymond Pilch
Joseph Lewis Jannsee
Pittsburgh
General Eisenhower sails toward United States home
Paris reports General Eisenhower leaving for the United States with a hero’s welcome awaiting in Washington New York and his Abilene Kansas home town He will stop in Bermuda for rest and is due in Washington Monday and New York Tuesday
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Associated Press
Paris
Eisenhower
Loiay
States
Washington
New York
Kansas
Abilene
Bermuda
One More Dead In Pennsyl Wreck Tragedy at Milton
Railroad officials identified 14 of 18 killed in the Milton Pennsylvania collision between a Weslington to Buffalo express and a freight train. Three women and a serviceman remained unidentified, including a woman with a wedding ring engraved PEG TO ARF and a soldier with only a laundry mark. Thirty injured and 200 others shaken as the Dominion Express crashed into the freight, derailing cars and delaying traffic for 40 miles. Crews worked to clear wreckage and repair tracks to restore service.
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Associated Press
Milton
Pennsylvania Railroad
Fielas
Dominion Express
Neff
Williamsport
Complications Block AERO Questionnaire Faces Voluntary Withdrawals
A plan by Avo Lodge 4508 of IE TA to seek voluntary withdrawals from workers at Aero, with H wm of Lin and the Working fore at AUY Supply Mig Co, collides with wartime labor rules. Conferences with Herward Williams at USBS offices discuss conflicts. about a hundred employees furloughed as delays persist. WMG rules on quitting for other work and unemployment create obstacles, while many workers consider resigning at end of paid vacation.
MENTIONED IN THIS ARTICLE
Avo Lodge
Ie TA
Lin
AUY Supply Mig. Co
WDK
Herward Wilams
USBS
WMG
Crash Victims Gain Ground In Erie County Wreck
Six people were hospitalized after a Prerich Creek crash. Maynard Deu ink showed improvement from internal injuries and skull fracture at Hamot Hospital. Claude King left Corry Hospital while Pte Kopta and Janice Raynor remained seriously hurt. Donald Smith, 17, and William Williams were still hospitalized as state troopers investigate. Copta and Raynor were linked to a car wreck that involved a POW returnee.
MENTIONED IN THIS ARTICLE
Corry Hospital
Hamot
Evie
Maynard Deuink
Erle Hospital
Deyink
Claude King
Clymer
Erle and Corry
Donald Smith
Raymond 0.Smith
Kopta
Miss Raynor
Knox Girl Killed In Truck Mishap
A 1 year old girl, Joyce Ann Birtell, was fatally struck on a Knox bridge when she ran into the path of a ree truck driven by Melvin Hiller of Petrona R D1. The accident occurred as her brother, Roger, 7, watched from below. Coroner M Wellman of Clarion County certified it as accidental death. the girl was the daughter of Mrs Nukelds Birtell.
Peacetime draft urged by Nimitz and Forrestal
Secretary of the Navy James Forrestal and Admiral Chester W. Nimitz called for a peacetime draft as part of a broader program to strengthen national defense. They urged Congress to enact military training for citizen skills and warned the homeland could be spared only if deterrence remains strong. Their testimony followed letters from high-ranking admirals endorsing the plan and stressed preparation to prevent future war.
MENTIONED IN THIS ARTICLE
Walianc’ton
Sue
Rte
Vocalud Cody
Navy
James Porresbal
Feht Forrest
Woodrum
D-Vai
Eel
Chester W. Niinilé
Wiliin F. Hulsey
Corry E Bond Sales Lagging at 65.8 Percent
A Cory War Finance Committee report shows local E Bond sales totaling $386000, with hopes to reach near $400000. Campaigns continue as the city aims for higher totals, while purchases by Corry Industries and other local buyers push effort ahead of the week’s end. The bond percentage remains above regional averages, reflecting stronger local participation.
MENTIONED IN THIS ARTICLE
Cory War Finance
Qusia
Abbott
Eileth
Todiy Het Gure
Corry Industries
Corry
Hessed
Sweh
Uuls
Wall
Siesvby
New Licensing of Restaurants Delayed Despite Legislation
A delay affects the new licensing program for all restaurants and eating places under recent legislation. Harrisburg instructed local officials to accept applications by June 29, but inspections and license grants are postponed until after July 1. State health officials have not finalized new use rules, with a health board drafting requirements for municipal boards by month’s end. Amalie Rives Dies in Charlottesville.
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Local Health Board
Ars
Plinlgen
Harrisburg
State Department of Health
State Advisory Health Board
Flanigan
Radio broadcast by Capt O Hare at seven tonight
Capt Hugh Owtwe of ints wity i ty will be heard this evening on a wireless broadcast at seven. The program features officers from the Bugle Ma Bridie Coury and a summons note for HOV ATW at 7. Waco Myf santivucte is mentioned in the listing.
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O*hare
Hugh Owtwe
Speulelgw
Bn & Mubilal Brogdcast
Prugviren
Waco
Corryites Kin Lover Killed in Fatal Wreck
A cousin of Cure family members died in a wreck on the Pennsylvania Hall road near Mulfun yesterday. Dominick Plevirille, son of a soldier, and others from Ridgway were summoned to bedside at the hospital after the collision.
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Cure
Peynsylvanls Hall
Mulfun
Song Willan Christophier
Git
Raywand
Michie Gil Achar
Seni Christopher's
Ridgwiy
Huldier
France
Lewie
Franchise Up Monday Night City Council Action
City Council plans a Monday night session to grant a new franchise to the Pennsylvania Electric Company with first and second readings possible. Councilman Kinley and Solicitor Scott drafted minor corrections after last meeting and will present them for consideration. Downe will sit as Board of Health to address restaurant and eating place licensing per State Health Department guidance.
MENTIONED IN THIS ARTICLE
Oltasts Sewersel
Lkely
Pennsylvania Eleemic Company
Kinley
Scott
Downe
Board of Health
Petter
Department of Health
Olerle Williams
Warships Near Major Refinery Center Near Okinawa
20 warships approach a major refinery center as naval activity around Okinawa increases. Australian forces seize all objectives in a second Borneo landing, signaling expanded Allied operations in the Pacific theater.
MENTIONED IN THIS ARTICLE
Truk
Okinawa
Borneo
Final Okinawa campaign nears in days
Tokyo radio reports three Allied fleet moves signaling a possible third invasion of Borneo and intensified operations near Okinawa. Bombardment of Tak Tokyo and Takyo area cited with carrier support. Tokyo also notes 25 Superfortress mines and multiple ships sunk or damaged in Shanghai and Japanese waters.
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Associated Press
Tokyo Radio Today
Borneo
Kywissen Trikesland
Anod
Refinery
Furia
Bennet
Okinawa
Aqui
Csmpalun Iy
Tess
Slil le
Stan Bellway Bucknery
Tak
Tokyo
IWO
Dour Desroyers
Caroline Talands
Shanghai
Linding Wall
Okinama
Pokye
U. S
Japan
Violator’s Sentence Set Aside for Pittsburgh Meat Seller
Harry Rosenruid of Pittsburgh was sentenced on charges of selling meat without ration stamps and price sharing. A federal judge set the sentence aside due to medical letters noting a back ailment and potential health risks from confinement. He received three years probation and was ordered to pay $1,000 in fines and costs within 30 days.
MENTIONED IN THIS ARTICLE
Prossurua
Harry Rosenruid
Pittsburgh Meat Siesler
P. P.schootimaker
Rosenfield
WACs Return to U S Base Under Point System
Lt Col Astine Wilson, WAC staff director for Side theater, announced WACs will be relabeled to the United States monthly on a service point basis. The first group to be redeployed, about 70 posts, will be the initial unit to be reassigned, with Humvee escorts planned for after.
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Paris
United States
Astine Wilson
Side Theater
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