Tax 1 Percent on Net Incomes Hits Major Corporations
Washington reports the 1 percent income tax on net income above 5000 becomes effective tomorrow retroactively for the year ending today. Major firms listed include United States Steel, Pennsylvania Railroad, Baltimore and Ohio, Union Pacific, Southern Pacific, American Telephone and Telegraph, American Tobacco, Atchison Topeka and Santa Fe, New York Central. The tax aims to raise about 25 million annually.
MENTIONED IN THIS ARTICLE
Atchison, Topeka & Santa Fe
Capital
New York Central
Washington
Congress
United States
Interstate Commerce Commission
Internal Revenue Department
United States Steel Corporation
Dr Wu Ting Fang predicts return in fifty years aboard Lusitania
New YorkDecember 31 Dr Wu Ting Fang retiring minister to the United States said he hopes to be back in 1959 but fears Americans will not meet him due to hasty eating and poor living habits. He noted age but refused to reveal it and advised better health over money. He left for Europe with wife daughter in law Wu Chao and infant.
MENTIONED IN THIS ARTICLE
New York
Wu Ting Fang
United States
Europe
Dr. Wu
Wu Chao
Tax estimates for large corporations under new rates
The article analyzes expected corporate tax burdens. It cites a 1 percent basis yielding 1 332 449 for a steel company and predicts Standard Oil and other large firms facing substantial taxes. It cites 1905 manufacturing capital at 10.51 billion and a 40 percent growth over five years, forecasting further increases with improved business conditions.
MENTIONED IN THIS ARTICLE
Standard Oil Company
Standard Oil
Wall Street
Advent of New Year Tonight in Monroe
Citizens of Monroe prepare for New Year celebrations with various events and gatherings planned tonight highlighting local traditions and community spirit.
Mississippians Press for Republican Standards in Appointments
Washington reports Mississippi Republicans urge Attorney General Wickersham to name J. H. Cook of Scranton or another Republican for district attorney or marshal posts. L. R. Collins of Biloxi asks supporters to write Referee Moseley and Wickersham to back Cook, arguing state leaders control selections, not Postmaster General Hitchcock.
MENTIONED IN THIS ARTICLE
Mississippi
J. H. Cook
Scranton
L. R. Collins
Biloxi
Republican National Committee
L. B. Moseley
Cook
Hitchcock
Moseley
Collins
Missing Pair Sought After Philadelphia Water Incident
A girl and a man are described as missing after a water-related incident in Philadelphia. Authorities urge anyone with information to contact local police and provide details to help locate both individuals.
New Year Eve Customs Eye Old Traditions
New Year approaches with watch night services and abundant social gatherings. In churches bells will ring as the old year ends and the new year begins, while power plant sirens join the chorus across the city. Neighborhood events and friendly reunions are also expected as festivities spark in the night.
Rear End Collision Linked to High Profile NY Banker
In New York on December 31 a train wreck sundered a high profile banker and a group of Christmas packages. Roberta E Delanon a 16 year old heiress from Philadelphia disappeared from the Bellevue Stratford Hotel and is now being traced along with Fred Cohen a waiter. Cohen's wife has arrived in New York seeking details amid reports of a divorce demand tied to a gold match box given by Delanon.
MENTIONED IN THIS ARTICLE
New York
Roberta E. Delanon
Bellevue Stratford
Philadelphia
Fred Cohen
Cohen
Bankers hero dies in Croton rear end wreck
Spencer Trask a leading New York banker died in a Montreal express rear end collision at Croton New York. Three other passengers are reported fatally injured when a freight train crashed into the rear of the halted Montreal express telescoping several sleeping cars.
MENTIONED IN THIS ARTICLE
New York
Spencer Trask
New York Central Railroad
Croton
Montreal Express
Taft to push first practical conservation laws
President Taft plans a special message and new conservation statutes to be sent to Congress after the current session ends. Secretary Ballinger and Senator Nelson of Minnesota guide the draft, with Ballinger largely shaping the proposed laws aimed at practical conservation.
MENTIONED IN THIS ARTICLE
Congress
White House
Ballinger- Pinchot
Taft
Ballinger-Pinchot
Ballinger
Nelson
Minnesota
Senate Committee On Public Lands
Meredith to Move Residence to Columbia Louisiana Rail Commission
J M Meredith railroad commissioner for the Third District will relocate from Baton Rouge to Columbia Caldwell parish around Jan 1. He has resided in Baton Rouge since election and previously served as commission chairman after C L De Fuentes resigned. He will continue to attend Railroad Commission office in the capitol until relocation.
MENTIONED IN THIS ARTICLE
Columbia
Caldwell Parish
Meredith
Deniste
Railroad Commission
C. L. de Fuentes
Combia
Learn penmanship from an expert teacher at Monakor Commercial College
An OCR fragment highlights a course on penmanship offered by an expert instructor at Monakor Commercial College located near 2845. The item emphasizes practical writing skills and professional handwriting techniques for students seeking career appeal.
MENTIONED IN THIS ARTICLE
Monakor Commercial College
Fire destroys Amex office near Grand Central Station
A large blaze today gutted the American Express Company's office and store room near Grand Central Station in New York City. The fire destroyed Christmas packages and valuable express shipments, with estimated damages around $500,000.
MENTIONED IN THIS ARTICLE
American Express Company
Grand Central Station
Wreck Kills Up To Fifteen On Rock Island California Special
Between ten and fifteen passengers are believed killed when the Rock Island's California Special jumped the track near Trenton Missouri. One Pullman car caught fire and burned after the derailment. Details on the dead could not be compiled at this hour.
MENTIONED IN THIS ARTICLE
Trenton
Rock Island
California
Oil Firm’s Appeal to Supreme Court Docketed
Washington December 380 The appeal of the Standard Oil Company from the Missouri circuit court dissolution under the anti trust law will be docketed in the United States Supreme Court Monday.
MENTIONED IN THIS ARTICLE
Washington
Standard Oil Company
Circuit Court of the District of Missouri
United States Supreme Court
Patent Wins for Shreveport Man on Cotton Machine
Shreveport December 31 G A Humason received patent papers for a cotton picking and cleaning machine said to be the greatest and most successful yet. Backed by Congress man Byrd of Philadelphia Miss the inventor plans a New Orleans manufacture and stock company. The device weighs 2500 pounds uses a gasoline engine and is claimed to clean and pick 15000 pounds of seed cotton in ten hours.
MENTIONED IN THIS ARTICLE
Shreveport
G. A. Humason
Byrd
Philadelphia
Miss
Humason
New Orleans
Peary Suffers Frost Bite After Auto Breaks Down
Robert E. Peary and wife with sister-in-law faced a freezing night when their automobile stranded along Bradley Lane in Maryland. Peary dressed for the cold, ventured into the snow in evening clothes and low shoes to seek aid, wading about a mile before help arrived. The incident occurred while traveling from Washington to Drummond, Maryland, a seven mile trip.
MENTIONED IN THIS ARTICLE
Washington
Robert E. Peary
Maryland
Peary
Bradley
Farmers Blew Out The Gas Fatal Incident
A fatal gas-related blaze occurred at a farm causing death. Authorities reported the cause as an explosion from a gas device. The incident prompted reviews of safety measures on rural properties.
Florida cold snap and regional notes with a death report
Gulfport Mississippi December 31 D G Alexander of Mentorum Harrison county a local farmer visiting to pay taxes was found dead in his Inn hotel room from gas asphyxiation. He had arranged an early train and seemed in good spirits before going to bed. The death is considered accidental.
MENTIONED IN THIS ARTICLE
Gulfport
Miss
D. G. Alexander
Mentorum
Harrison County
Inn
Florida Cold Wave Central as Southern States Freeze
The cold wave moves south toward Florida with temperatures around 20 degrees in the north and 26 to 28 in the south. Warmer conditions extend over Texas Louisiana Mississippi Alabama and western Florida. Forecasters do not expect major damage to Florida orange trees due to low sap and lack of rain or snow.
MENTIONED IN THIS ARTICLE
New Orleans
Florida
Texas
Louisiana
Mississippi
Alabama
Death of a Good Man in New Orleans Times-Democrat aide
Horace Vallas 56 longtime Times-Democrat office staffer and Mason and Pythian figure died after collapsing at his desk in New Orleans. He had worked 25 years with the paper and left a wife and six children.
MENTIONED IN THIS ARTICLE
New Orleans
Horace Vallas
Times-Democrat
Vallas
Christ Church
No Ceremonies Permitted In Placing General Lee Statue
The Washington Post reports the statue of General Lee will stand in statuary hall without a formal presentation, joining Washington’s statue with no ceremony. The decision mirrors the Father Marquette case and faces Protestant opposition over Lee’s Confederate uniform. editors note Virginia may lack objection to the display if represented.
MENTIONED IN THIS ARTICLE
General Lee
Washington
Father Marquette
Wisconsin
Congress
Statuary Hall
Post
Virginia
Lee
Record Flight Sets New Monoplane Speed Mark
In Juvisey France on December 30 M. De La Grange flying a Bleriot cross channel monoplane broke speed and distance records. He flew 124 miles in 2 hours 32 minutes at an average speed of 48.9 mph, under the eye of the Aero Club of France timekeeper.
MENTIONED IN THIS ARTICLE
de la Grange
Also Mentioned on This Page
Pennsylvania Railroad Company
Baltimore & Ohio Railroad Company
Union Pacific Railroad Company
Southern Pacific Company
American Telephone and Telegraph
American Tobacco Company
Great Chinaman
York
Steel Corporation
Monroe
Wickersham
General Wickersham
Philadel
Phia Watter
Senate
House
Baton Rouge
J. J. Mer
Ith
Third Railroad District
Standard Oil Appeal
Man
Machine
Jacksonville
The
Constantinople
Hanka Bey
Italy
Rome
the Post
Commission Ap
Ginia
Nap
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