Cotton Tax Must Be In By Oct 1 for Cotton Goods
Aberdeen Sept 27 Guy T Helvering commissioner of internal revenue issued a call to cotton goods manufacturers to furnish retailers with information to compute the tax due on cotton contents at month end. The tax applies to actual cotton in finished goods, requiring retailers to inventory about 544 articles and report, with one quarter of the tax. The commissioner cannot prepare cotton-content schedules. retailers must obtain cost content from manufacturers or wholesalers. Retailers may file a tentative return and pay one quarter of the tax, then file a true return within 20 days. Cooperation of manufacturers and wholesalers is essential.
MENTIONED IN THIS ARTICLE
Aberdeen
Guy T. Helvering
Bureau of Internal Revenue
Agricultural Adjustment Administration
Helvering
Stevens Case Adjourned In Chicago Embezzlement Trial
In Chicago on September 27 the Stevens embezzlement case against Ernest J. Stevens former Olinda Life Insurance official stalled as both sides refined their positions. Prosecutors planned to argue that Stevens his brother Raymond who died by suicide and father James W diverted funds to two local hotel properties. Defense contends Stevens sacrificed much of his fortune to save the company and hotels.
MENTIONED IN THIS ARTICLE
Chicago
Ernest J. Stevens
Olinda Life Insurance Company
Ernest Stevens
Raymond
James W
U S Navy Plan Pressed as Britain Advised of 32 Ship Build
Washington reports the United States will press completion of its 32 ship naval program at a cost of 238 million dollars. Britain was advised of plans as London suggested deferring four 10,000 ton six inch gun cruisers pending disarmament talks. Norman Davis conveyed the reply to Sir John Simon in Washington. An unfavorable response from the United States was confirmed in London. Tokyo announced a revision widening the chief of naval staff powers to veto limits on sea forces, signaling potential blocking of disarmament agreements.
MENTIONED IN THIS ARTICLE
U.S
Great’ Britain
Washington
United States
Naval
Great Britain
London
Jon Simon
Norman = Davis
State-Department
Pendin
Tokyo
Naval General Staff
Fushimi
Withholding of School Funds Pending Attorney General Opinion
Pierre Sept pending an attorney general opinion to resolve how to apportion income tax funds for schools. Ben Strool, school and public lands commissioner, withholds distributions to districts while awaiting guidance on whether the combined common school fund replacement uses the entire pool or just the gross income tax portion. Auditors will be notified after the decision to allocate $15 per child in each district.
MENTIONED IN THIS ARTICLE
Pierre
Ben. Strool
Public Lands
Strool
Also Mentioned on This Page
Stevens
Miller’s Grocery
Macaroni
Wheaties
Prunes
Hamburger
Cook
Perth
Miller’s
T. J. Harvey
iSi the Foreign
Norman Ever
Albrecht Furs
America
Albrecht
Eilers
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!