Agreement Reached On Tax Plan To Aid Business Recovery
Treasury Secretary Morgenthau said Congress will see a corporation tax revision that should promote business recovery. He noted final details were cleared at the White House and no further conferences are expected. He also indicated a House hearing date was not yet set.
MENTIONED IN THIS ARTICLE
Treasury
White House
Congress
House Ways and Medal Committee
Harrison
Dmiss
Senate Finance Committee
Byrnes
D-S.c
Rep. Cooper
D-Tenn
Morgenthau
House Committee
John W. Hanes
Hanes
Wall Street
Securities Commission
McNary
Oregon
House
Last Minute Golf Round Ups In Carolina Amateurs
Bobby Dunkelberger of High Point beat Bill Dowtin of Charlotte 4 and 3 in the second round at the 28th Carolina amateurs. Edward Schreiber of Charlotte upset Francis Ford of Charleston but fell to Ricard Tufts of Pinehurst 1 up. Bill Snow of High Point reached the third round by defeating Brick Waddell of Charlotte 4 and 3. Third round pairings include Dunkelberger Dowtin Crosland Hall Goodes Tufts McManus Snow. Bill Holt of Syracuse advanced to the British Amateur quarter finals by one up over Nugent Head. Dick Chapman of Greenwich defeated Gordon Peters two up to bring two U S players into the last eight.
MENTIONED IN THIS ARTICLE
Bobby
Bill
Charlotte
N. C
Bobby Dunkelberger
High Point
Bill Dowtin
Edward Schreiber
Francis Ford
Charleston
Ricard Tufts
Pinehurst
Bill Snow
Brick Waddell
Dunkelberger
al Dowtin
Crosland
Hall
Goodes
Tufts
McManus
Snow
Holt
Chapman
Hoylake
Eng
Bill Holt
Syracuse
N. Y
Nugent Head
England
Dick Chapman
Greenwich
Conn
Gordon Peters
Scotland
United States
House OKs Navy Shore Construction Bill Changes
The house unanimously approved Senate changes to a $54 million naval shore construction bill and sent it to the White House. The measure adds authorization to acquire privately owned graving drydocks at Hunters Point in San Francisco Bay and appropriates $2.545 million to rehabilitate the South Boston drydock.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
White House
Navy
Hunters’ Point
San Francisco Bay
Boston
Mass
Regulated to Death Senator Opposes Transport Consolidation
Senator Shipstead told the Senate that Congress cannot save railroads from bankruptcy unless the general economic condition is sound. He said we are being regulated to death in opposing the Wheeler-Truman bill to consolidate control of all transportation agencies except airlines under the Interstate Commerce Commission.
MENTIONED IN THIS ARTICLE
Washington
Senator Shipstead
Senate
Congress
Shipstead
Interstate Commerce Commission
Duke Power charges cut to save Carolinas customers
The Duke Power Company lowers rates effective June 1 saving Carolinas customers about 1.509 million dollars annually. North Carolina residents save roughly 1 million and South Carolina about 509 thousand, with 154275 NC and 48814 SC electric consumers affected. Gas customers in Spartanburg Greenville and Chester save about 18000. Residential electric scale set at 80 cents for first ten kWh.
MENTIONED IN THIS ARTICLE
Charlotte
Duke Power Company
Carolinas
North Carolina
South Carolina
Stanley Winborne
Raleigh
Commission
Winston- Salem
Greensboro
High Point
Salisbury
Mount Airy
Burlington
Spartanboro
Greenville
Chester
Murphy Flies to California on Bankruptcy Act Charges
Attorney General Frank Murphy, on a Washington to California trip, disclosed indictments charging Bankruptcy Act violations against Pacific States Savings and Loan Co officials President Robert S. Odell and Vice-President Gerald S. White. Investigations of municipal corruption and high construction costs draw DOJ attention amid the nationwide probe.
MENTIONED IN THIS ARTICLE
Los Angeles
Justice Department
Frank Murphy
Washington
Robert S. Odell
Gerald S. White
Pacific States Savings and Loan Co
How He Closed Door Saving 33 Is Related By Maness
On May 25 at Portsmouth New Hampshire Lloyd B Maness an Electricians Mate from Greensboro NC recounted how he kept a watertight bulkhead door open long enough to save 33 men aboard the submarine Squalus. He described swinging the door into place as water flooded the after compartment and then closing it to seal the ship. He spoke of the danger and the need for disciplined action amid the emergency.
MENTIONED IN THIS ARTICLE
Comdr
Mosen
Coast Guard
Harriet Lane
Portsmouth
N. H., Naval Base
Navy
Te Isle of Shoals
NEA
Maness
N. H
Lloyd B. Manesa
Greensboro
O'Hara
Blanchard
Isaacs
Boulton
Washburn
John J. Batick
Sherman Shirley
Dover .N. H
DeSautels
Shirley
Hope
Japan Warns Foreign Ships Near China May Be Stopped
A Tokyo spokesman said foreign vessels near the China coast may be halted and searched by Japanese warships to seize military goods. The Ranpura and Aramis were boarded, while the President Coolidge risks entering the zone. The move aims to curb ships aiding Chinese forces under Chiang Kai-shek.
MENTIONED IN THIS ARTICLE
Shanghai
China
Hongkong
Coolidge
China Coast
Chiang Kai-Shek
Supreme Court Hears Challenge to North Carolina Sales Tax
The North Carolina Supreme Court heard Paul Leonard of Statesville challenge the three percent general sales tax. Prosecutors and defense argued about the tax burden on merchants and alleged discrimination in exemptions. The court took the case under advisement.
MENTIONED IN THIS ARTICLE
Raleigh
Supreme Court
Paul Leonard
Statesville
W. P. Stacy
Fred M. Parrish
Winston-Salem
Leonard
Harry McMullan
Lee Gregory
M. V. Barnhill
W. A. Devin
Michael Schenck
Parrish
Exports Fall Off During April
United States merchandise exports dropped 14 percent in April while imports fell 2 percent from March. The April export total was 230.947 million, down 16 percent from April last year, with imports at 186.195 million. For January–April, exports reached 930.09 million and imports 712.958 million, leaving a 217.132 million export excess.
MENTIONED IN THIS ARTICLE
Washington
United States
Teenager Nathan Fox Drowns in Bleacher Pond Incident
Nathan Fox 17 son of Mr and Mrs Alfred Fox of Craggy drowned yesterday in Bleacher Pond on the Elk Mountain highway while swimming.
MENTIONED IN THIS ARTICLE
Asheville
Nathan Fox
Alfred Fox
Craggy
Elk Mountain Highway
Dies Will Ask Increase For Investigation
House Un-American Activities Committee plans a $50,000 hike to $150,000 to expand probing of subversive activity. Chairman Dies cites need to subpoena hundreds of witnesses, cover travel and per diem, and expose anti Semitic, fascist, and Nazi propaganda while preparing for potential August reopens.
MENTIONED IN THIS ARTICLE
Washington
House Committee On Un-American Activities
Dies
D-Tex
Dudley P. Gilbert
New York
James
Erwin Campbell
Owensboro
George Deatherage
St. Albans
W. Va
Soviet Parliament Convenes Amid Britain Push for Pact
Moscow May 25 — Russia's Supreme Soviet convened as Britain pressed for a mutual defense pact with the Soviet Union and France. President Andrei Andreieff presided while Britain sent new proposals for a British French Russian alliance.
MENTIONED IN THIS ARTICLE
Moscow
Russia
Supreme Soviet
Britain
Soviet Union
Andrei Andreieff
Greensboro Maness Heroic Saver Of 33 In Squalus Rescue
Lloyd B. Maness of Greensboro North Carolina an electrician’s mate is credited with closing a flood door in the Squalus submarine saving 33 survivors after the dive. Allen Carlisle Bryson of Greenville South Carolina was rescued on the escape bell. First Class Torpedoman Robert F. Gibbs of Lexington South Carolina is listed as dead. Maness hoped to be best man at the wedding of Sherman L. Shirley who was trapped.
MENTIONED IN THIS ARTICLE
Portsmouth
N. H
Lloyd B. Maness
Greensboro
N. C
Maness
Bell
Allen Carlisle Bryson
Greenville
S. C
Robert F. Gibbs
Lexington
Washington
Shirley
Dover, N. H
Submarine Squalus Inquest Deferred Pending Rescue
A naval board delays its inquiry into the Squalus sinking until the submarine is raised off New Hampshire. Officials cite possible mechanical defects or crew errors as causes while Senator Lucas signals possible Senate Naval Committee review if reports remain unsatisfactory. Naval technicians cite likely open air intake valves during a test dive allowing water to flood compartments.
MENTIONED IN THIS ARTICLE
Washington
Naval Board
New Hampshire
Lucas
Senate Naval Committee
Britain Moves to Final Phase of Russian Talks
Britain has opened the final phase of negotiations for a British French Russian mutual assistance pact. A note to Moscow communicated cabinet action and Chamberlain's promise to seek full agreement soon. Details to follow in London and Moscow talks and a supplemental statement outlining Britain’s complete proposal.
MENTIONED IN THIS ARTICLE
London
Britain
Moscow
William Leeds
Chamberlain
House of Commons
Russia
Foreign Office
Geneva
Viscount Hallifax
Ivan Maisky
Squalus Rescue Nears Finish as 26 Remain Trapped
Rear Admiral C W Cole announced resumed rescue work for the sunken Squalus after 33 survivors were saved. The operation faced a grim outlook for the 26 men trapped, as temperatures fell and the crew endured repeated diving bell attempts before the final rescue concluded.
Also Mentioned on This Page
Secretary of the Treasury
Duke Power
Murphy
California
Squalus
Philadelphia
Morris Bolber
Widespread Syndicate
Albert
Cillar
Roman Manciuk
Mandiuk
Bolber
Rafaele Caruso
Samuel Sortino
Caruso
Rafael Polselli
Guiseppe di Martino
Great Britain
France
Kulangsu
Amoy
Ll, S
Special Naval Board
Cole
C. W. Cole
Falcon
Naquin
Oliver F. Naquin
Charles Smith Kuney
Tulare
Calif
Frances
Naval
Aleo
William T. Doyle, Jr
Baltimore
Portsmouth Naval Hospital
Brooklyn
O. F. Naquin
E.D.T
Portsmouth Navy Yard