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Newspaper
Long Beach Press Telegram
Location
Long Beach, California, United States of America
Date
Jan 30, 1953
Page
2
Footnote fragment lists fractional price changes and conversion tokens with no clear event or entities. It mentions small sizer and price shifts from 3.95 to 14.93 and fraction indicators like 1/3 and 1/2. No identifiable people or organizations are given.
Rep Daniel A Reed's plan to cut personal income taxes July 1 gains broad support in the House Ways and Means committee. Only two of 25 members, both Democrats, would oppose if brought up February 16. Seven Republicans expressed reservations mainly on timing. Reed, chairman from New York, seeks about a 11 percent cut for the last half of 1953, and roughly 5.4 percent for the full year.
The article notes Reed proposing a six month relief while only two Republicans back a new 11 percent cut under current law. Speaker Joseph W. Martin Jr. and House Republican Leader Charles A. Halleck oppose Reed’s move without their approval. The new GOP Congress aims to record on cutting federal spending before further reductions.
President Eisenhower's defense nominees cleared Senate Armed Services Committee approval after a stock divestment dispute. Roger M. Kyes would be Deputy Secretary of Defense, Robert B. Stevens Secretary of the Army, Harold E. Talbott Secretary of the Air Force, and Robert B. Anderson Secretary of the Navy. Stevens faced pressure to relinquish 42,486 shares in his family's textile firm. Talbott said he would sell holdings.
The White House denies a clash with Congress over proposed changes to voting rules on presidential reorganization. Hagerty says Eisenhower knew of and agreed to the plan, while Budget Director Dodge opposed the changes, creating an apparent internal disagreement. Committees in both houses favor a rule allowing a simple majority of those present to veto presidential proposals, potentially as few as 25 senators or 110 representatives.
President Eisenhower received a 100 year old Texas cowbell from Adjutant General K L Berry to aid in case he gets lost in the fog around Washington. Berry said the cowbell has political history and was meant to start a Democratic bandwagon in 1948, though Eisenhower laughed and favored keeping it behind his desk.
AUSTIN Texas ULP Frank Scofield a former internal revenue collector surrendered to a U S marshal after being indicted by a federal district grand jury on eight counts. He faced six counts on political activity violations by federal employees one count for accepting gifts from a subordinate and one count on false statements. If convicted on all counts he could face 45000 in fines and up to 26 years in prison.
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