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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Nov 26, 1948
Page
4
A discussion of proposed excess profits taxes by President Truman, tracing wartime and peacetime rates, key historical figures, and periods from 1934 to 1948. It notes profits highs during World War II, the 6 percent corporate rate above 12.5 percent of capital stock, and debates on tax impact versus national income.
F J Sperry announces resignation after managing the Hotel Cory for a year and a half. he will move to Bradford to run the Hotel Emery. Old Man Winter brings a heavy snowstorm with seven inches blanketing the city, creating hazardous driving conditions. Reverend Henry A Post resigns as rector to lead St. Thomas Church in Barnesboro. Company A basketball team aims for a new title in the Erie district 112th Regimental League. Clarence Hyde meat market fire destroys the building. John Martin narrowly escapes serious injury after being struck by a car.
Jamestown officials report a ruling on Defense Counsel Mahoney's request for a change of venue in the Leo J. Mleczka case from Dunkirk. Buffalo Judge Leo Hagerty aims to decide before Monday as Supreme Court session opens. The case concerns the 1946 slaying of Lydia Warner at Silver Creek, with Mleczka sentenced to life in Attica for first trial errors.
A 15 year old Wattsburg boy named Steve Farnham was wounded in both arms and the right wrist in a hunting accident along Route 9 near Lowville. His brother James, 13, fired at a rabbit, and Steve stepped into the shot. Steve was treated at Hamot Hospital after pellets were removed by doctors.
Preparations begin for Congressional hearings starting December 7, 1948, before the Joint Congressional Economic Committee subcommittee, on excess profits taxation and inflation measures. Philip Murray supports an excess profits tax while Senate and House tax chairmen reportedly oppose full restoration of wartime rates.
Riptel Corry was struck by a vehicle on North Center Street last evening. The wheels on one side of the machine passed over his legs but he escaped broken bones.
A scrambled 10 question trivia piece asks about Pilgrims feasts and turkeys origin and names, frost bitten persimmons, the botanic to common name for oxycarpus macrocarpus, and dates of Thanksgiving designations. It notes memory checks and monthly averages.
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