31 Oct 1927
Page 1
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Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Oct 31, 1927
Page
1
Treasury Secretary Mellon outlines Ways and Means tax proposals covering corporate rate cuts to 12 percent, favoring small corporations and pass throughs, plus estate tax repeal and changes to surtax thresholds. He emphasizes surplus limits and cautions against overestimates, noting potential revenue loss from proposed changes and the need to offset with Navy and other revenues.
The House Ways and Means Committee returns to the capitol to draft a new revenue bill reducing the tax burden. Hearings will run about ten days with Treasury, industry, and business reps testifying as Congress aims to present the measure after the first week in December. The Treasury’s view is awaited as Democratic and Republican members push for cuts ranging from under 300 million to at least 400 million dollars.
Moscow will take part in the League of Nations preparatory commission on a disarmament conference in Geneva. The move ends Russia’s boycott and could ease obstacles to a broader accord, aligning with U.S. participation and prompting debate over Russia’s role in European security and peace.
New York October 31 AP Charles A Lindbergh will not join any commercial venture for the present while retained by the Daniel Guggenheim Fund for the promotion of aeronautics as a consultant. He may undertake flights or experiments at his own initiative and responsibility with the fund headquarters in Washington.
Admiral Paul Kondouriotis, 72, was hit on the right temple when a 25 year old opened fire as the president rode from the Municipal building after opening the congress of Greek mayors. A youth was jailed after the attack, while Kondouriotis recovered at a hospital. In New Jersey a separate crash killed pilot Leroy Thompson, his fiancé Elizabeth McGowan, and two others when a pleasure flight plunged into a corn field near New Market.
An Interstate Commerce Commission final order requires southeastern railroads to implement the new southern classified freight rate by December 31, 1927 after four years of work. Most major southern lines accept the change, though Atlantic Coast Line Seaboard Airline and Florida East Coast object. Shippers and railroads have had time to study the revisions.
The supreme court declined to review a case about the coast guard boarding and searching a British ship beyond the 12 mile limit after it was seen cruising inside the zone. Jacob Woitte and others were convicted in Oregon federal district court for violating federal prohibition aboard the Pescawah budget case.
The Atlantic Coast Line won its appeal in the Supreme Court to overturn a North Carolina court award for the death of H. J. Southwell, an enginee r killed during the 1922 shop men’s strike. The railroad argued it could not be held liable for an employee’s act outside its knowledge or duty.
Goldsboro Oct 31 With knife wounds in the side throat and one arm Price of Goldsboro today was a victim of assault for the second time within six months at a hospital Price told police he was attacked while escorting a woman home by the latter s step father who fled Physicians said Price would recover The first case involved a black assailant and there was little hope for the victim at that time
Budapest dispatches quote a Romanian writer saying revolts erupted last night across Romania against Premier Brătianu. Reports claim the turmoil is confirmed and that Carol's supporters lost hope of restoring him to the throne as the Bucharest situation was said to have returned to normal.
Official Romanian government messages received in London say the situation across Romania is normal and deny that a revolution has broken out. The updates come as the government reassures observers amid regional tensions.
Belgrade reports Romanian garrisons have been placed on a war footing in anticipation of possible tensions at the national peasants party gathering in Alba Iulia.
Eight persons injured in an automobile collision twelve miles east of Greensboro were said to be on the road to recovery at a Burlington hospital. Mrs. C. L. Simpson was killed. the injured include C. L. Simpson J. D. Simpson Willie Simpson Jennie Lee Van Hook J W Van Hook S W Pleasants and Miss Clara Pleasants.
The death list from the great gale sweeping the British Isles since Friday tops 60 with most fatalities from wrecked fishing craft off Ireland's west coast, where 40 people are reported to have perished.
New York AP report says Wilmer Stuitz quits the Dawn expedition after returning the amphibian monoplane to Curtiss field. He cites personal crisis, miscommunication with Mrs. Frances Wilson Grayson and navigator Brice Goldsborough, and difficulty flying higher than 400 feet.
Reports from Vera Cruz say two rebel leaders and five followers were killed by federal troops. Another chieftain and five men surrendered. General Humberto Barros was killed in battle near Juanacontha.
Lieutenant Otto Koen necke landed in Karachi at 5:30 PM while traveling to the United States via the Orient in a Caspar bi plane from Bender Abbas. The 700 mile hop marked another leg of the long journey.
In a decision reversing a verdict for Nathan Goodman’s estate, the court states drivers on or near railroad tracks must stop and exit if they cannot confirm a train is not near. The ruling, announced as a universal rule for courts, emphasizes the driver bears the risk of proceeding without sure detection.
Blanca Lourdes, a young Argentine typist and friend of Luis Firpo, won a women’s automobile race in Buenos Aires. The friendship previously led to Firpo’s detention on Ellis Island three years ago, and it is reported they are married.
A 38 inch alligator was found in a swamp near O. L. Hethcock’s home two miles east of the city. Clifton Hethcock and companions spotted the reptile in a branch. the father retrieved it with a pitchfork, placed it in a sack, and kept it in a water trough.
Ruth Elder and Captain George Haldeman thanked France for a grand reception in Paris after their transatlantic flight. Elder, broadcasting from the Sorbonne lab, said radio work was scarier than flying while Haldeman expressed a wish to return next year for another attempt.
Publishers from the United States and Canada meet for the American Newspaper Publishers association fall convention in Virginia Beach. John Stewart Bryan of the Richmond News Leader calls the session to order, with a golf tournament to follow at Princess Anne Country Club and a World War film shown by Colonel Solbert that evening.
Chicago announcement from the Catholic Daughters of America outlines plans to build a new hotel costing one million dollars to house homeless and unemployed girls. The project aims to provide shelter and support services through its facilities and staff.
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