Panay sinking triggers protests after Chinese crew deaths
Japanese aviators strafed and sank the US gunboat Panay on the Yangtse above Nanking, killing a storekeeper and an Italian journalist. Three Standard Oil steamers were sunk nearby. Nearly 100 dead, mostly Chinese crewmembers, as Britain and the US protest to Tokyo.
MENTIONED IN THIS ARTICLE
United States
Yangtse
Nanking
Washington
London
Tokyo
America
Britain
Great Britain
Japan
Roosevelt
Hull
Hiroji Saito
Hirohito
Foreign Office
Cable
Eden
White House Tax Revision Sparks Early Congress Push
President Roosevelt directs an early tax revision as House Ways and Means chairmen and treasury economists meet at the White House. Doughton Vinson Morgenthau and Magill pledge a quick, taxpayer–considerate bill with possible effective date January 1. Roosevelt backs railroad solvency action, private ownership, and limits on receiverships, while the Interstate Commerce Commission denies a 15 percent freight-rate increase.
MENTIONED IN THIS ARTICLE
House
Ways and Means Committee
Treasury
White House
Roosevelt
Robert L. Coughton
North Carolina
House Committee
Fred Vinson
Kentucky
R. L. Doughton
Secretary of the
Morgenthau
Roswell Magill
Doughton
The
Commerce Commission
House Passes Farm Bill in Extraordinary Session
The House approved the farm bill 268 to 129 escaping committee. It was expected that the Senate measure would pass likewise and conferees from both houses would reconcile differences. Final enactment before adjournment of the extraordinary session appeared doubtful.
MENTIONED IN THIS ARTICLE
House
Senate
WPA Increases Spending To Create Jobs
ARRY HOPKINS WPA administrator announced a $23,000,000 monthly spending rise to expand employment from 1,575,000 to about 1,925,000 workers. He said the expansion could be funded within the existing budget for now. The Supreme Court ruled government need not pay in arrears on gold bonds redeemed early, in a unanimous decision by Justice Cardozo with separate concurrences by Stones and Black.
MENTIONED IN THIS ARTICLE
WPA
Arry Hopkins
Supreme Court
Justicerdozo
al Stices Stone
Black
Sepate
Cardozo
Appointments Fill SEC Vacancies in Washington
The President appoints John Wesley Hanes of a New York stock brokerage and Jerome N. Frank, radical New York attorney, to the Securities and Exchange Commission. Frank replaces James M. Landis who retired to head Harvard Law School. Hanes takes over J. D. Ross’s vacancy as administrator of the Bonneville dam in Seattle.
MENTIONED IN THIS ARTICLE
Securities and Exchange Commission
John Wesley Hanes
New York
Jerome N. Frank
Reconstruction Finance Corporation
AAA
Frank
James M. Landis
Harvard Law School
Hanes
J. D. Ross
Seattle
Bonneville Dam
Sloan Gift to Sloan Foundation Aims at Economic Truths
Alfred P. Sloan Jr, chairman of General Motors, donates securities worth about 10 million dollars to the Alfred P. Sloan Foundation. He seeks broader public understanding of basic economic truths and American enterprise principles that have driven national growth. The foundation was established July 6, 1936, in Delaware as a non profit membership corporation.
MENTIONED IN THIS ARTICLE
Lfred P. Sloan, JR
General Motors Corporation
Alfred P. Sloan Foundation
Mr. Sloan
A. P. Sloan, Jr
Sloan
Foundation
Delaware
Landon Announces He Won't Seek 1940 Nomination
In Washington Alf Landon declares he will not be a Republican candidate for the 1940 presidential nomination and would not accept the honor if offered. He says he is not retiring from politics and will remain active in the party. A White House visit yielded a pleasant chat with the President, with no politics or business topics discussed.
MENTIONED IN THIS ARTICLE
Landon
Washington
Republican Party
White House
First Flight Celebration Marks Wright Brothers’ Victory
The first flight at Kitty Hawk is celebrated with all aviation interests observing a nationwide air display. Army orders push every military flying post to launch available aircraft at the hour of the Wright brothers’ historic flight. Pan American Airways seeks bids for 12 passenger planes capable of 100 passengers each with a target speed of 274 mph at 20 000 feet. Bids due March 15 to Charles A. Lindbergh.
MENTIONED IN THIS ARTICLE
Wright Brothers
Kitty Hawk
N. C
Army General Staff
Atlantic
Pan American Airways
Charles A. Lindbergh
Liner Aground Off Formosa Inbound Passengers Safe
The Dollar liner President Hoover ran aground on a small island near Formosa while sailing from Kobe to Manila. About 600 passengers were landed on two rocky islets and rescued by the President McKinley of the same line, taken onward to Manila.
MENTIONED IN THIS ARTICLE
HE Dollar
President Hoover
Formosa
Kobe
Manila
McKinley
Duchess of Windsor ranked near bottom in Burke’s Peerage
The new Burke's Peerage edition places the Duchess of Windsor in twenty ninth position among duchesses. Duke of Windsor, formerly King Edward VIII, is listed as fourth man in the empire behind King George VI and the dukes of Gloucester and Kent.
MENTIONED IN THIS ARTICLE
Wally
Duchess of Windsor
Duke of Windsor
Edward VIII
George VI
Gloucester
Kent
Mellon Cleared of Tax Fraud In 1931 Income Case
Three months after his death Andrew W Mellon was exonerated by a unanimous decision of the United States Board of Tax Appeals. The board dismissed fraud charges against the Aluminum Company of America head and cut the government’s claim for 1931 income taxes from 3 075 000 to about 750 000 in a tight eight to seven ruling.
MENTIONED IN THIS ARTICLE
Andrew W. Mellon
Pittsburgh
United States Board of Tax Appeals
Aluminum Company of America
Mellon
Brookings study urges end to undistributed profits tax
A Brookings Institution report recommends repealing the undistributed profits tax as unworkable for the diverse U S industry. Dr M Slade Kendrick of Cornell led the study using data from 1 560 corporations and results of 3 600 questionnaires sent by Senator Frederick Steiner.
MENTIONED IN THIS ARTICLE
Brookings Institution
M. Slade Kendrick
Cornell University
Frederick Steiner
Vanishing Wild Life and Critics On Labor Policy
A column from Arkansas plantation country reflects on conservation progress for Gulf Coast wild fowl, cites Charley Russell on vanished buffalo herds, and critiques the national labor relations act and its administration. The author warns about press freedom limits, calls for workable policy, and questions Wallace’s farm plan and congressional tactics.
MENTIONED IN THIS ARTICLE
Arner Plantation
Tex
Gulf Country
Charley Russell
Wellum
Charley
Ss. Cobb Tana
Star Dust film stars Fred Astaire without Ginger Rogers
The item notes Fred Astaire in a Ginger Rogers free pairing for Damsel in Distress, with Gracie Allen and George Burns. It highlights Astaire’s dance precision, humorous carnival scenes with Gracie, and Twentieth Century plans amid industry chatter about salaries, casting, and upcoming projects including Jack Holt and future musical ventures.
MENTIONED IN THIS ARTICLE
Fred Astaire
Ginger Rogers
Ginger
Gracie Allen
George Burns
England
Astaire
Peer
Daugh
Joan F Taine
Nher
Gracie
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