Revival of Excess Profits Tax Drive Report
The CIO calls for restoring excess profits taxes to curb price rises and fund the Marshall Plan. Senator O Mahoney pushes re enactment of corporate profits levy for the coming special session. Officials warn direct price controls face hurdles in Congress amid high corporate profits. If maintained, 1947 profits could reach about 16.6 billion after taxes, boosting annual totals above 1948 figures.
MENTIONED IN THIS ARTICLE
CIO
Genville
Congress
O'Mahoney
D-Wyo
CTO
How's Your I Q Quiz Questions on Classified Page
The item lists ten trivia prompts from a 19th or early 20th century classified page. Questions cover lead density, day of Christmas, John R. Steelman’s role, grammar correction, Henry Clinton’s war, Queen Elizabeth fashion, the NLRB, lunar tidal effects, Syria and Lebanon classification, and Kentucky’s northern boundary river.
MENTIONED IN THIS ARTICLE
John R. Steelman
Henry Clinton
Princess Elizabeth
Great Britain
Fai
Syria
Lebanon
Kentucky
Economists debunk profits drive on prices in 1946 analysis
The piece argues corporate profits after taxes fell below 1928 and 1941 levels while prices rose, saying excess profits tax removal in 1946 and surged postwar production boosted earnings. It attributes record profits to supply demand dynamics, not profit expansion, and notes prices rising with demand and production lag.
MENTIONED IN THIS ARTICLE
Fiies
Mystery Bloodstained Mackinaw Coat Found Near Bowle 60
A blood stained Army knapsack containing a Mackinaw coat and plaid shirt was found near Spencer road off Bowle 60 Kiantone by a hunting party. Deputies reported a circle of blood from the right armpit and additional stains on the coat and back, prompting a sheriff's department probe.
MENTIONED IN THIS ARTICLE
Jamestown
Spencer Road
Bowle 60
Kiantone
Sheriff’s Department
Stillwater Creek
Lea LaQuay
Geloran
Art Payne
Prewsburg
Payne
Man Arrested After Assault on Clerk at National Hotel
Erie, Nov. 6 Alvert Langiewics, 27, was arrested after allegedly attacking George A. Farnsworth, 70 night clerk at the National Hotel. Langiewics reportedly loitered then argued, struck Farnsworth, who alerted police as the assailant fled. Held by Alderman John S. Curtis on a charge of assault and battery and attempted robbery.
MENTIONED IN THIS ARTICLE
Erie
Alvert Langiewics
George A. Farnsworth
National Hotel
Langiewics
Farnsworth
Langlewies
Parnsworth
Langlewien
John S. Curtis
Arid
Erie Plans Armistice Day Parade and Football Game
Erie organizations have entered musical units marching units and floats for a torchlight Armistice Day parade. Lt Edward G Laurin of the Erie Army and Air Force Recruiting Office announced the parade will cap the program ending with a football game between the Erie Black Knights and Jamestown at Erie Stadium.
MENTIONED IN THIS ARTICLE
ERIG
Sgnt
Edward G. Laurin
Erie Station
U.S. Army and Air Force Recruiting Office
Erie Black Knights
Jamestown
Erie Stadium
Payne Denies Blood Stains and Bullet Holes in Shirt
Payne stated there were no blood stains on the shirt and no bullet holes or other damage in the garment, countering claims of injury or tampering.
MENTIONED IN THIS ARTICLE
Payne
Bear Lake Church Plans Special Day in November
The Bear Lake Evangelical United Brethren Church in Bear Lake Pa will host a full day of activities on Sunday November 16 combining Anniversary Day Homecoming and Harvest Home. Events begin with Sunday School at 10 am followed by morning Worship at 11 led by Rev A L Pang with solo numbers by Charles M Jackson from Jamestown. At 2 30 pm Rev H Ray Barris of Corry will speak with G T Bergman of Corry leading song service and special numbers. Bergman will speak in the evening and again lead singing.
MENTIONED IN THIS ARTICLE
Bear Lake
United Brethren Church
A. L. Pang
Charles M. Jackson
Jamestown
H. Ray Barris
Corry
G. T. Bergman
Mr. Bergman
Bear Lake Obituary and Local Visit Notes
C Arthur Connell died at Jamestown after hospital observation and X ray. Funeral services were held at the Bear Lake home with interment in Bear Lake Cemetery. Mrs Gertrude Newhouse hosts visitors Mia and Mrs Clyde Morris and son from Westfield. A household goods sale is planned November 12 as Mrs Newhouse stays with her son Walter Newhouse and family. Additional relatives from Corry and Clymer visited last week.
MENTIONED IN THIS ARTICLE
Bear Lake
C. Arthur Connell
Jamestown
Mia
Clyde Morris
Westfield
Gertrude Newhouse
Walter Newhouse
Gertie Bennink
Clymer
Ben Newhouse
Gerald Bennink
Ressler of
Corry
Mrs Lucile Price Improves After Hospital Stay
Visit with her parents Mr and Mrs Raymond Gilson noted as Lucile Price shows improvement, having been a patient at Corry Hospital for some time and moved from the facility.
MENTIONED IN THIS ARTICLE
Raymond Gilson
Lucile Price
Corry
Hoapl~tal
Also Mentioned on This Page
I. Q
Foradora Flower Shop
DIAL
Ees
Heiman Jewelers
Chautauqua County Sheriff's Department
Pierces
Golden Medical Discovery
Johnson’s Chocolates
Castoria
Phillips
Men’s New Mallory
Al’s Clothes Shop
North Center Street
Side
Corry, Pennsylvania
French
SWIFT
Cassup
Ritz Crackersfell
Oll
Occident
Ige
Thomas Motor Co
Gabardine
Topp
Corry's Smart Women's Shop
Regus
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