Fortunes In Billions Within 30 Year Tax Records Show Trend
Howard W Blakeslee reports from Richmond that economist Carl Snyder predicts within 30 years one or two fortunes of two or three billion dollars, possibly the first American trillionaire, based on Pareto curve wealth distribution. He argues wealth shares shift slowly and inheritance is rare among the very rich, urging production gains to lift overall welfare.
MENTIONED IN THIS ARTICLE
Howard W. Blakeslee
Associated Press
Richmond
American Association For the Advancement of Science
Carl Snyder
New York
Economist
Vilfredo Pareto
George Washington
Mr. Snyder
Stephen Girard
Thomas Hancock
John D. Rockefeller
Henry Ford
England
Germany
France
United States
Andrew W. Mellon
Thornton Proposes Love as Sara Sue Chooses
At a university ball Sara Sue faces two proposals from Bob Towne and Thornton Holgate. Thornton abruptly declares his love and asks for a chance, confessing he always loved Sara Sue. The crowd hushes as Sara Sue accepts, ending the night with the two walking away together, leaving Bob to another evening of quiet resignation.
MENTIONED IN THIS ARTICLE
Sara Sue
Thornton
Thornton Holgate
Galveston
University Club
Edmonton records 51 below zero at airport
An official temperature of 51 below zero was recorded today at Edmonton airport.
MENTIONED IN THIS ARTICLE
Edmonton
Alta
Unsolved Mattison Kidnapping Enters Third Year
FBI and authorities mark three years since the 1936 abduction of Dr W W Mattison’s 10 year old son near Everett Washington. Sixteen thousand people questioned. body found two weeks after the abduction. no suspect identified. Hoover labels the case the FBI’s top priority and vows to pursue until the kidnapper is captured or dead.
MENTIONED IN THIS ARTICLE
Tacoma
Wash
Federal Bureau of Investigation
Charles Mattison
W. W. Mattison
Everett
F.B.I
Pacific Northwest
J. Edgar Hoover
Mattison
Federal labor official to meet Alabama business and labor leaders
Pi Earle W. Dahlberg of the federal labor department planned a conference in Montgomery with business and labor representatives to discuss provisions of the wages and hours law. He will travel to Selma later today and then to Mobile Thursday.
MENTIONED IN THIS ARTICLE
Montgomery
Ala
Earle W. Dahlberg
Federal
Labor Department
Business
Dahlberg
Selma
Mobile
Christmas Socials and Sick List Highlight Cullman Corinth Notes
The community reports Mrs. Loona McClellan remains in bed for six weeks. Xmas parties were held across the area with guests including J D Bonds, J H Rigby, and families. Visitors noted include Jessie Holland of Memphis, Woodrow Guthrie, and others. Several residents traveled for holidays and greetings extended from Pauline Aldredge in Akron.
MENTIONED IN THIS ARTICLE
Loona McClellan
J. D. Bonds
J. H. Rigby
Jessie Holland
Memphis
Tenn
J. W. Holland
Woodrow Guthrie
Lou Rigby
Bruce Bonds
Coonie Brown
Harb Guthrie
Alvin Holland
Vivian Guthrie
Stanley Holland
Decatur
Curtis Denton
Ohio
Bell Telegraph
Fleet practices five months of battle exercises
Gray ships depart San Pedro revealing a U S fleet girded for five months of intense exercises. Operations will extend along the west coast to the Panama Canal area through the Caribbean Sea and up the coast.
MENTIONED IN THIS ARTICLE
San Pedro
Calif
California
United States
West Coast
Panama Canal Area
Caribbean Sea
Reed predicts independence as new Kansas senator
Senator-elect Clyde M. Reed of Kansas says he will be the most unpopular senator after six years because he will be free and independent. He plans to work with Republicans, consult them, and make his own decisions even if a Republican is in the White House in 1940. Reed, 67 and publisher of the Parsons Sun, is described as weathered and frank, noting a clear conscience helps one get along.
MENTIONED IN THIS ARTICLE
Bob
Sara Sue
Bob Towne
T. J. Sanders
John Henderson Washington
Clyde M. Reed
Kans
Kansas
George McGill
White House
Efect
Parsons
Sun
Also Mentioned on This Page
Sanders
Big Bob Towne
T. J
Bee
Towne
Gurley
Dr. Holgate
Ernest’s
Country Sausage
Pontiac
UP Bailey Motor Company
First Ave
Red Devil
Mason Brown Ice & Coal Company
First Avenue
Gene Ahern
Croesus
Lucre
Scott
U. S
Patent Office
Gerceaut
Mexico
Africa
South America
Calgary
Canada
Hawaiian Islands
Cullman County
Corinth
R. J. Scott
Europe
Atlantic Coast
North Alabama
W. & H. Machine Works
Moulton Street
Sy Pr
Syu
Silk
Wy Ea
Wolverine
Sos
Big Boy
Rose Marie
Pr. Shoes House
Enney’s Penney Company, Incorporated
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