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Newspaper
Hope Star
Location
Hope, Arkansas, United States of America
Date
Mar 07, 1935
Page
4
A long readable fragment details prayer programs, church events, and social activities in a southern town. It notes a Friday prayer meeting, various church groups meeting on Main Street, and a birthday party with games and a banquet. Also mentioned are visitors from Newton Maine and Hope, plus ongoing preparations for a large Christmas season program.
Prisoner Mark Shank pretends to be insane to avoid a discipline, according to fellow inmates Todhent fer and others. They observed unusual behavior and believe he sought religious counsel, asking for Reverend Father Gy H. Keller of Pine Bhath to visit.
Testimony before the Tax Appeals Board described a 54,000 share stock maneuver by A W Mellon and his brother as a tax loss device. The 54,000 Western Public Company stock were sold to Union Trust in December for 4 a share and repurchased more than 36 days later for 87, a move the Mellons claimed as legal and tax avoiding. Phillips, the Mellon family employee, and Jackson, a bookkeeper, testified the transaction appeared aimed at tax loss rather than a legitimate sale.
The Missouri House wades through debate on a special order bill to double the percent sales tax rate. Governor Park’s biennial message urged a 2 percent rate. senators Jones and McReynolds proposed a 2 percent levy promising about 20 million dollars yearly. Distribution would favor school funds, unemployment relief, age pensions, and counties.
Weather and policy notes predict tighter food supplies and higher prices in 1935 due to the drought. Stanley urges cotton plantings to drop to five percent of base acreage to free land for food and feed crops, while taxes may be kept at half price. A Cherokee community meeting in North Carolina prepares for tour accommodation near the Smoky Mountains.
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