08 Sep 1950
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Sep 08, 1950
Page
1
Local TCA manager warns spectators against entering the tarmac area beside aircraft during flight times. He cautions that remaining on the pavement endangers lives and offers the same view from the parking area, noting large planes halt on Bogpnal surface.
AP dispatch notes a provisional UN police force forming to defend Korea with immediate British Australian and nine other nations pledging troops, naval and air aid. Canada leads transports to Japan as Canada and allies mobilize against Korean communists.
Ottawa budget outlines pay as you go defence funding and higher revenues. Finance Minister Abbott seeks 59 million dollars from taxpayers this year and increases corporate taxes by 5 percent from September 1. Excise taxes rise to 15 percent on automobiles tires cameras jewelry and more while some items like tobacco stay unchanged and beer and spirit taxes rise modestly.
Ottawa's off season budget raises a 30 percent tax on soft drinks candy and chewing gum and a 15 percent tax on electrical goods and sporting items. It boosts corporation income liquor beer motor cars and other semi luxury commodities while holding personal income taxes in reserve.
In emergency Commons session, Finance Minister Abbott outlined a plan to expand military effort and send a special land force to aid the United Nations in Korea or elsewhere. The budget forecasts a $15 million surplus with revenues at $2.669 billion and spending at $2.654 billion. New taxes are projected to raise $58.9 million this year and $189.5 million next year while price controls are opposed.
The article outlines new taxes applied as goods leave the factory or at import, with an extra five percent excise on automobiles levied on factory price rather than retail price. Prices could rise about seventy five dollars for low priced cars, depending on trade action. The trade will decide whether to pass on costs to buyers.
A Southam London Bureau report humorously documents a London commuter’s obsession with counting chimney pots. He estimates averages, notes freak cases like 32 pots on two adjoining houses, and mentions a contractor using radios to tally pots from roof and interior.
Ottawa report notes Finance Minister Abbott will not raise the personal income tax in the current budget. He says living costs rise and does not want to discourage, keeping the little man in reserve for potential future fiscal ventures.
Ottawa reports excise tax increases on household items beyond stoves refrigerators and washing machines. Aimed at luxuries, the 15 percent rate raises prices on vacuum cleaners coffee makers jewelry and crystal while durable essentials stay untouched and some items rise to cover the new levy. Citizens face higher costs for fur coats watches and braille timepieces as manufacturers pass the tax to consumers in a pinch.
Ottawa reports Finance Minister Abbott announcing budget tax changes. Corporate income tax rises 5 percent retroactive to Sept 1, 1950. Liquor and beer taxes rise immediately along with a 30 percent tax on soft drinks candy and chewing gum. Carbonic acid gas for fountain drinks taxed 50 cents per pound immediately. Excise taxes on motor cars tires tubes and semi luxury goods up 5 percent and a 15 percent excise on electrical and other household appliances effective immediately.
A U.S. army spokesman said there is absolutely no indication that Chinese troops were fighting for the Communists in South Korea.
In the front window a card reads Piano for Sale amid a suburban streetscape. On the next window a neighboring card shows Hurrah in bold letters signaling a local celebration or cheer.
The changes boost corporation income tax to 15 percent on the first ten thousand and 38 percent above that, retroactive to Sept 1, 1950. Excise taxes rise to 15 percent on autos, cameras, furs, and more, with new 15 percent levies on appliances, motorcycles, and gear. A 30 percent tax applies to bottled soft drinks and candy with 50 cents per pound for carbonic gas, and spirits and malt taxes rise to 12 dollars per gallon and 21 cents per pound respectively.
The eight percent sales tax and tariff rates remain unchanged. A new tax on electrical household equipment does not apply to electric stoves washing machines or refrigerators. The budget speech warned of possible tax increases next spring for the 1951-52 year and cited a defence budget near 860 million dollars with Korea aid.
Reading England Reuters reports police staged a crime prevention exhibit asking citizens to help solve a staged bathroom murder. Investigators presented clues from a model burglar’s house and urged residents to share observations to deter crime.
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