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Newspaper
Indiana Evening Gazette
Location
Indiana, Pennsylvania, United States of America
Date
Jun 26, 1909
Page
2
President Taft presents to the Senate a 2 percent tax on net earnings of all corporations and life insurance firms, with a $6000 exemption. The plan allows deductions for expenses and depreciation, places enforcement with the internal revenue service, and authorizes audits when returns are incomplete or incorrect.
Washington June 26 The senate defeated an amendment to impose a crude petroleum duty of one half of a cent per gallon by a 34 to 40 vote Senator Penrose had urged the rate as agreed by independent oil producers and refiners The roll call split along party lines with 19 Republicans and 15 Democrats voting no and two Democrats voting yes.
National League results show Pittsburg over St Louis and Chicago besting Cincinnati with varied scoring. Philadelphia and Brooklyn competed with New York and Boston, while a busy schedule lists games today including Philadelphia at Boston and Cincinnati at Chicago across the circuit.
Leach Cross of New York is set to face Fighting Dick Hyland of California in a forty five round lightweight clash in San Francisco. Both fighters seek victory to settle who is the better man after their prior non decision bout. Hyland recently lost to Baltling Nelson while Cross hopes a strong showing leads to a Nelson title chance.
Pittsburg markets show steady livestock supplies with mixed prices. Hogs and sheep demand softening. prime cattle and vealers steady to high. Chicago grain market climbs. wheat up 2 to 3 cents, corn and provisions closing strong with July options cited.
Aviation contests at Morris park feature Curtiss and other designs vying for Aeronautic Society prizes. Curtiss’s machine weighs 550 pounds, with a 29 by 4.5 foot biplane frame and a six foot propeller producing 295 pounds thrust, though 150 pounds suffices for flight. Prizes range from 250 to 22,000 dollars based on distance and duration, with a 500 foot milestone securing a 250 dollar award.
New York reports Katherine Clemons Gould secured a legal separation from Howard Gould. The court awarded alimony at 36000 annually, rejecting higher claims. The ruling found no proven intoxication or improper relation with Dustin Farnum, noting the alleged affair occurred after separation and that the husband showed no objection.
Local showers are forecast for today in West Virginia Ohio and Western Pennsylvania with cooler conditions on Sunday. Northern portions of Ohio may experience cooler temperatures with lingering showers tonight. Winds will be variable across regions as conditions shift through the weekend.
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