Our Daily Bread The New Income Tax
A brief note outlines changes to the income tax system impacting individuals and households. It highlights who pays, revised brackets, and potential effects on take home pay with emphasis on policy goals and public response.
Senate_votes 4 Million Tax Cut Aimed at Wartime Budget
The senate and house moved toward substantial income tax reductions, with a 52 to 34 senate vote and overwhelming house support. The plan, likely to reach the president, reflects a shift toward lower wartime taxes while warning of future fiscal pressures and ongoing debt. The editorial contrasts higher income with cutting current expenditures and cautions taxpayers about potential future costs.
MENTIONED IN THIS ARTICLE
Senate
House
Conference Committee
Truman
Congress
Green Seeks Peace in Hollywood Union Strikes
James Thrasher analyzes AFL President William L. Green shifting tactics to settle long running jurisdictional fights among Hollywood unions. He hopes for a model peace amid 12 unions in dispute as Congress debates omnibus labor bills. The piece critiques delays and the limits of leadership action.
MENTIONED IN THIS ARTICLE
AFL
William L. Green
House
Senate
Green
Hollywood
A Screen Actors Guild
Mr. Green
Congress
Decrease Shown in Traffic Accidents
The National Safety Council stated that 9,250 people died in traffic accidents during January through April 1947, a 14 percent decline from the same period in 1946. April alone accounted for 2,300 deaths, an 8 percent drop from April 1946, despite rising mileage.
MENTIONED IN THIS ARTICLE
Chicago
National Safety Council
Prize Catch At Belvidere Fishing Contest
In Belvidere Illinois on May 29 two 12 year old boys, Clarence Countryman and Clark Wylde, hooked a 10 inch bullhead simultaneously from opposite banks of the city park millrace during a fishing contest. They yanked their poles and the fish dangled in the air. Prizes were awarded to both lads for a duplicate catch. Wade won the prize by a cent lip but sold it to a sportsman who wanted it for a trophy.
MENTIONED IN THIS ARTICLE
Belvidere
Ill
City Park
Clarence Countryman
Clark Wylde
Wade
Unseasonal Cold Grips Large U.S. Corn Belt
Snow and sleet across the Midwest halt field work delaying corn planting in Illinois Iowa Indiana Wisconsin Kansas Michigan Nebraska and Ohio. Temperatures near freezing and 15 degrees in North Dakota plus heavy snowfalls in Nebraska Wyoming Minnesota and Iowa slow farm activity while a warm spell in Washington raises forest fire risks. In California cherry crops were protected by helicopter downdrafts saving a $250000 yield. Kenosha Wisconsin reports a long overdue fishing boat amid five foot tides before rough seas.
MENTIONED IN THIS ARTICLE
Chicago
Midwest
MacKenzie Basin
Canada
Dakotas
Minnesota
Nebraska
Wyoming
Iowa
Colorado
South Dakota
Wisconsin
Eckman
N. D
San Jose
Calif
Kenosha
Wis
Lake Michigan
Washington
Corn
Ilinois
Indiana
Ohio
Kansas
Michigan
Nebrasa
Illinois
Mother of President Is Improved
President Truman left for Washington after assurances of his ailing mother Martha E. Truman’s improvement. He and family flew from Kansas City in the Sacred Cow to return for the 35th Division reunion and to check on her condition.
MENTIONED IN THIS ARTICLE
Kansas City
Truman
Washington
Margaret
Fairfax
Kansas
Muenlebach
Grandview
Martha E. Truman
Mary Jane Truman
Thane
Charles G. Ross
Matthew J. Connelly
Graham
White House
Missouri
Navy
Local Group Takes Off Today for Auto Races
B L Rettig local airport manager Luther Hollaman Jr Dr Dillard and son C W Dillard of Murfreesboro fly four place Belinca cruiser from Hope port to attend the national auto speed races at Indianapolis. They expect to reach their destination within four hours after takeoff.
MENTIONED IN THIS ARTICLE
B. L. Rettig
Luther Hollaman, Jr
Dillard
C. W. Dillard
Murfreesboro
Indianapolis
Hope Port
Temperature Drops 33 Degrees After 88 Degree Day
The University of Arkansas Experiment Station reports a 33 degree drop in 24 hours following 88 degree weather on Wednesday. Overnight low reached 55 degrees as winds eased and .03 inch of rain was recorded.
MENTIONED IN THIS ARTICLE
University of Arkansas Experiment Station
Eye Transplants From Doomed Man Aid Two In Arkansas
May 29 report from Little Rock details eye cornea transplants using Vollie Bill Bates’s eyes after his May 16 execution for murder. Benjamin F. Boucher 73 Hot Springs and Frank McCracken 46 Fort Smith received corneas. Boucher regains sight to shapes, aimed for normal vision with glasses. McCracken may need a second operation. Doctors Cosgrove and Henry note public interest and letters from around the world. one Kansan asked for relief for a blind brother and another offered to sell eyes.
MENTIONED IN THIS ARTICLE
Little Rock
Vollie Bill Bates
Arkansas Electric Chair
Arkansan
Benjamin F. Boucher
Hot Springs
Bates
Boucher
Frank MccCracken
Fort Smith
MccCracken
Mena
Ark
McCracken
Cosgrove
Baptist State Hospital
Arkhiver
Henry
State Skeet Shoot Dates Are Changed in Arkansas
Arkansas state skeet shoot dates moved to July 24 25 26 with Gib Lewis Hope Club manager stating the meet will draw the largest group of shooters yet in the state. Wednesday regualr results show Charles Bryan top with 48 of 50 and a straight, followed by W K Lemley. other notable scores listed from Ray McDowell to Geo Wylie Sr and Gib Lewis with varied tallies.
MENTIONED IN THIS ARTICLE
Arkansas
Gib Lewis
Hope Club
United States
Charles Bryan
W. K. Lemley
Lemisyences
Ray McDowell
Geo. Wylie, Sr
Ross Wright
Bud Price
Beck Morgan
Bod Lee Sree
Killer Cox _ madiseeer
Dave Griffin
Fletcher Reed
B. R. Hamm
Geo. Wylie, Jr
Bill T. Bundy
Ted Milkey
F. D. Henry
Sonny Griffin
Charles Wylie
Leo Robins
C. Cook
Frank Walters
Earl Thomasson
W. M. Ramsey
Billy Ray Williams
A. S. Williams
B. W. Edwards
Newt Pentecost
Lyle Brown
C. Cook, Jr
Bill Bryan
Summer Classes Planned at Blevins School
Sumner classes are planned at Blevins High School during July and August under the direction of Neal Watson a regular member of the faculty. All students seeking admission this summer should contact Mr. Watson.
MENTIONED IN THIS ARTICLE
Sumner
Blevins High School
Neal Watson
Watson
Army Funds Cut Despite Plea of Top Generals
Washington reports the House Appropriations Committee cut the 1948 military budget by 8.3 percent despite pleas from General Eisenhower and Secretary Patterson that danger lies beyond minimums of men and money. The panel approved 5.24 billion for next year, rejected Truman’s 5.72 billion request, and canceled 1.1 billion previously appropriated but unspent. It kept 280 million in contract authority to buy airplanes and projected substantial civilian and officer cuts, while preserving enlisted personnel. The action reverts unobligated funds to the treasury and argues the cuts still leave adequate funds for an army of about 1,070,000.
MENTIONED IN THIS ARTICLE
Washington
House Appropriations Committee
Eisenhower
Patterson
Congress
Truman
Treasury
General Fund
War Department
Air Corps
House Military Committee
Army L.sted
Eisenhower Denies Knowledge of Shell Expansion Plot
General Dwight D. Eisenhower testified at Andrew J. May’s wartime bribery trial that he knew nothing about efforts to expand Shell production in 1945. The defense questioned a telegram allegedly linking Eisenhower to expanded shell orders, while Marshall asserted the urgency for shells came in 1944.
MENTIONED IN THIS ARTICLE
Washington
Dwight D. Eisenhower
Andrew J. May
May
Kentucky
Eisenhower
Europe
Garssons Munitions Combine
Henry
Murray Garsson
Combine
Garssons
House Military Committee
Charles J. Margiotti
Henry Garsson
Margiotti
Army
Secretary
Marshall
Lynching arrest tensions flare in North Carolina town
In Jackson North Carolina tension rose over the arrest of seven white men accused of seizing Godwin Bush from jail in a failed lynching attempt. FBI involvement drew local resentment as reporters were warned to leave town amid fears for their safety. Bonds of 2500 each were posted by Rich Square residents including Mayor Charles E Myers and School Supt N L Turner, with names public record but authorities concealing identities.
MENTIONED IN THIS ARTICLE
Jackson
N. C
Godwin Bush
Rich Square
FBI
Liberty
Bush
Charles E. Myers
N. L. Turner
Ernest R. Tyler
Bond
Boyle Finds Arkansas Far Different Than Expected
Reporter Hal Boyle visits Arkansas and finds it modern and prosperous rather than the joke of the South. He notes rising incomes, diverse crops, low death rates, strong tourism, a large lumber industry, diamond fields, coal and oil reserves, and pride in state identity from Hot Springs to the Diamond Fields.
MENTIONED IN THIS ARTICLE
Boyle
Arkansas
America
Arkansans
Park Avenue
Norfolk
Douglas MacArthur
Southwest
Huey Long
Special Congressional Hint of Late Year Foreign Policy Meet
A high ranking Democratic congressman hinted at a possible special foreign policy session of Congress later this year if east west tensions with Russia remain unresolved. He noted the U N General Assembly and London talks in fall as milestones before deciding.
MENTIONED IN THIS ARTICLE
Washington
Congress
Russia
U. N. General Assembly
London Council of Foreign Ministers
Herbert Hoover
Taber
House
Appropriations Committee
Germany
Japan
Truman
Europe
United States
Final Accord on Labor Bill Reached by Conferees
Congressional conferees reached final accord on a labor bill to curb strikes and union activity. They scrapped a House exclusion for food processors from bargaining rights, leaving interpretation to the NLRB. Taft said seven of ten conferees approved the draft as House negotiators yielded on key provisions to gain passage. The plan moves to House and Senate for ratification before Truman's decision.
MENTIONED IN THIS ARTICLE
House
Senate
Taft
Ohio
National Labor Relations Board
NLRB
Rep. Hartley
R-Nj
Congress
White House
Truman
Hungarian Heads Are Accused by Russians
A Russian note accuses Hungarian Prime Minister Ferenc Nagy and two anti Communist officials Joanos Gyongvosi and Bela Varga of complicity in a plot to overthrow democracy. The government had said Nagy would vacation in Switzerland for three weeks with Deputy Premier Matyas Akosi in charge. Private Budapest sources say Nagy may extend his stay beyond three weeks.
MENTIONED IN THIS ARTICLE
Budapest
Hungary
Ferenc Nagy
Joanos Gyongvosi
Bela Varga
Smallholders Party
Nagy
Switzerland
Matyas Akosi
Paris
Board weighs fate of hospital head in secret meeting
Osceola May 29 The State Hospital Board of Directors meets in Little Rock tomorrow to decide the future of Dr. N. T. Hollis as superintendent in an executive session. Governor Laney may approve or reject the nomination, part of ongoing hospital controversies under legislative and grand jury scrutiny.
MENTIONED IN THIS ARTICLE
Osceola
State Hospital Board of Directors
Little Rock
N. T. Hollis
Fabher White
Hollis
Laney
FBI Probing Theft of Jury Evidence
The FBI opened inquiry into stolen grand jury ballots poll books and tally sheets from the Kansas City election office vault. The theft, tying to August Democratic primary voting irregularities, prompted federal state and local cooperation as officials reviewed fraud claims and potential miscounts linked to Roger Slaughter and Enos Axtell.
MENTIONED IN THIS ARTICLE
Kansas City
FBI
Grand Jury
Jackson County
Wich
Roger Slaughter
Slaughter
Enos Axtell
Truman
James Pendergast
Axtell
Albert Reeves
Washington
Reeves
House
Clark
Congress
The
Kansas City Star
Army to Keep Few Plants for Emergency Use
Washington reports that 43 War Department plants will be kept in standby for national emergencies. Kenneth Royall outlined 29 ordnance plants, 13 chemical plants and one quartermaster station, including Pine Bluff arsenal and Red River arsenal. Some plants may adapt to civilian goods and be leased to recover maintenance costs.
MENTIONED IN THIS ARTICLE
Washington
War Department
Kenneth Royall
House
Army
Quartermaster Corps
Pine Bluff Arsenal
Pine Bluff
Ark
Maumelle
Little Rock
Red River Arsenal
Texarkana
Rovall
Truman Assured Votes to Uphold Tax Cut Veto
Washington dispatch reports rapid agreement on a tax cut bill to reduce personal income taxes to 30 percent on July 1. Senate Democrats hold enough votes to sustain a presidential veto if needed. final conference details show July 1 as effective, with varying brackets and exemptions.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
President Truman
Mr. Truman
Truman
Eugene Millisete
Colo
Senate Finance Mittee
Americans to Pay Tribute to War Heroes
The Memorial Day observance will span a three day holiday weekend with travel surges on railroads buses and highways. New York City will hold a large ceremony with 31 000 attendees and 200 Spanish War veterans. Arlington National Cemetery will host time honored ceremonies from 9 45 a m to noon, with parades and decorations by veterans groups. Memorials will be held at different cities including St Louis Davenport and Seton with local ceremonies and new street signs honoring World War II soldiers.
MENTIONED IN THIS ARTICLE
Associated Press
Tion
New York City
Arlington National Cemetery
Iginia
Potomac
Washington
Army of the Republic
St. Louis
Soldier’s
National Cen Ferson
Seton, Minn
Streets
Annes
Davenport
Mississippi
Ai i James He Davis
Aa Ram
Also Mentioned on This Page
Bill
BY James Thrasher
U.S
Blevins School
Hal Boyle
Arkansaw
Joe Miller
State University
Pennsylvania
New Jersey
Jeeter Lester
U. S
Union
Rockland
Broadway