Ways and Means Panel Proposes Social Security Reforms
The House Ways and Means Committee issues a plan to overhaul Social Security with about 1.71 billion dollars in three year tax savings for workers and businesses. Proposals include freezing the Old Age Pension tax, starting pensions in 1940, and replacing a large reserve with a limited trust fund capped at three times anticipated five year expenditures. Administration leaders plan three days of floor debate starting Tuesday.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means Committee
Morgenthau
Secretary of the Treasury
Secretary of Labor
Social Security Board
Manton Guilty Of Dispensing Bench Favors
The jury in the Manton case warned against convicting defendants on unprecedented charges without proof beyond a reasonable doubt. After a dinner break they returned with requests for trial records concerning co-defendant George Spector, once a confidential agent for promoter Archie M. Andrews.
MENTIONED IN THIS ARTICLE
George Spector
Archie M. Andrews
Manton
Czech Resistance Annoying Germany Amid Farm Shortages
Reports from Prague circulate that farmers are withholding farm products while stores remain well stocked and prices rise. The tension highlights friction between agricultural groups and German authorities during the period.
MENTIONED IN THIS ARTICLE
Prague
Tide limits rescue talk in Liverpool Bay submarine tragedy
Onlookers criticize rescue feasibility as tide conditions left little time to reach a submarine trapped by a steep incline and a narrow hole. Officials feared movement would doom crew while air pumping and stern-welded lines proved impractical under the surge. British papers call for inquiry and weigh diving bell options citing the Squalus in context.
MENTIONED IN THIS ARTICLE
Daily Mail
Daily Telegram
Morning Post
United States
Liverpool Bay
Weaver, Oklahoma Man, Ends 39-Day Car Endurance Test
Duncan Oklahoma June 3 Millard O Weaver completed a 39 day endurance drive without a stop. His car was tagged for overtime parking, marking a final twist in the long test.
MENTIONED IN THIS ARTICLE
Duncan, Okla
Millard O. Weaver
Roosevelt to Rest in White House Before Busy Week
President Roosevelt's fever and sinus trouble have improved and he remains in the White House to conserve strength for a demanding schedule next week. He will host King George VI and Queen Elizabeth at Hyde Park and address the West Point graduating class on June 12, with other royal visits planned around those dates.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
White House
England
Hyde Park
N. Y
West Point
Detroit strike stalemate ends no break in deadlock
Union and management accused each other of injecting new issues in a two week old strike that has left over 70,000 automobile workers idle. Federal conciliator James F. Dewey adjourned negotiations until Monday.
MENTIONED IN THIS ARTICLE
Detroit
James F. Dewey
Thetis Submarine Disaster Deepens The Mystery
The Thetis disaster left questions unresolved as four crew members escaped through the aft hatch, and officials pondered possible causes. A broken towing cable appeared to have helped doom the 265 foot submarine, which sank after a salvage attempt near low tide.
MENTIONED IN THIS ARTICLE
Thetis
H. P. K. Oram
G. F. Woods
Stoker
W. C .Arnold
Vigilant
R. 8. Johnson
Cammell Laird, Ltd
Chamber leader calls firms to avoid new public works
U S Chamber of Commerce president W Gibson Carey urged members to desist from backing new public projects amid talk of a spending spree. He argued for economy and lower federal outlays, echoing Roosevelt’s critique of chambers pushing federal works.
MENTIONED IN THIS ARTICLE
U. S. Chamber OF Commerce
Washington
W. Gibson Carey
Chamber of Commerce of the United States
Roosevelt
Retailers National Forum
Chambers of Commerce
State official to attend national weights and measures conference
C D Baucom chief of the State Department of Agriculture weights and measures division will leave for Washington Monday to attend the 29th national conference. He will serve on a committee on standardization of canned goods and packages.
MENTIONED IN THIS ARTICLE
Raleigh
C. D. Baucom
State Department of Agriculture
Weights and Measures Division
Washington
National Conference of Weights and Measures
Police officers charged in tow car fee racket
Nine San Francisco police officers from the accident prevention bureau were stripped of their stars and booked on conspiracy charges connected to a tow car fee splitting scheme. Each was released on $500 bail.
MENTIONED IN THIS ARTICLE
San Francisco
Accident Prevention Bureau
Disagreement in House Tax Revision Hearings Over Scope
In Washington on June 3 a split emerged in the House Ways and Means Committee over narrowing tax revision hearings to corporate taxes only. Representative Treadway urged broader discussion of general tax revision, while Chairman Doughton defended limiting the inquiry to assure timely passage of the bill and reimposition of nuisance taxes ending June 30. A NAM spokesman and the New York Board of Trade backed surtax cuts for high incomes to boost capital investment.
MENTIONED IN THIS ARTICLE
Washington
House
Ways and Means
Representative Treadway
Rmass
Doughton
DNC
Congress
Coughton
National Association of Manufacturers
New York Board of Trade
National Forest Commission to Buy 243926 Acres in 24 States
The National Forest Preservation Commission approved a plan to purchase 243,926 acres across 24 states and Puerto Rico for 48 forest units. The total cost is 855,693 dollars with tracts including North Carolina Pisgah and Nantahala and South Carolina Sumter Francis Marion with specific acreages and prices.
MENTIONED IN THIS ARTICLE
Washington
National Forest Preservation Commission
States
Puerto Rico
National Forest
Rhode Island
Forest Corps
North Carolina
Pisgah
Nantahala
Croatan
South Carolina
Sumter
Francis Marion
Trade Pact With Canada Opens June 17
The state department announced the new trade agreement with Canada will become fully effective June 17.
MENTIONED IN THIS ARTICLE
Washington
State Department
Canada
James Madison Stamp Highlighting John Marshall’s Jurisprudence
The piece notes John Marshall as a key early interpreter of the Constitution and outlines his impact on the U S system. It credits Marshall with authoring opinions in landmark cases like Marbury v Madison and McCulloch v Maryland, shaping federal power. The stamp shown is from 1894, $5 gray green.
MENTIONED IN THIS ARTICLE
James Madison
John Marshall
U. S
Marshall
Marbury
Supreme Court
McCulloch
Maryland
Congress
Brown says Roosevelt backs Kentucky governor bid
Former U S Representative John Young Brown told a campaign audience in Morganfield Kentucky that he asked President Roosevelt about entering the race for the Kentucky Democratic gubernatorial nomination and that his candidacy was all right with the President.
MENTIONED IN THIS ARTICLE
Morganfield
U. S
John Young Brown
Roosevelt
Kentucky
Japs Claim Heavy Losses in Hupeh War Drive
Japanese reports say their planes caused 20,000 casualties in western Hupeh over 15 days while Chinese dispatches claim ground battles won’t break the Han river line and Japanese offensives failed to cross it.
MENTIONED IN THIS ARTICLE
Shanghai
Hupeh
Han River
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