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Newspaper
Nazareth Item
Location
Nazareth, Pennsylvania, United States of America
Date
Jan 05, 1933
Page
2
A listing for the Pennsylvania Newspaper Publishers Association dated Thursday January 5, 1933. Details likely include member notices, meeting notices and industry updates from the association.
An editorial note from Nazareth Item reflects on assessing humanity’s assets and liabilities over stock on hand. It urges prudent life business and transacting properly to ensure success. The piece closes with a wish for a prosperous and happy 1933 for friends patrons and readers.
The piece argues railroads seek fair treatment under a level transport policy rather than subsidies or looser federal rules. It contends equality will let all carriers compete, strengthen transportation, and benefit workers, suppliers, and communities in a major industry.
The passage argues there is no real division between town and country due to transportation and communication. It lauds the shared loyalty and cooperation of city and rural communities, noting a shift from trade alone to a higher, nobler neighborliness that strengthens democracy and safer, more united life.
Editorial explains President Hoover’s proposal for a 2 percent federal manufacturers excise tax on all products except food. It argues a national tax spreads the burden, but warns against state sales taxes pyramiding on the same goods. The piece questions the $355 million annual yield and urges uniform policies across states.
Government figures show 1929 manufactured goods valued at 70.4 trillion dollars with a 2 percent tax could yield 1.58 trillion. The critique argues food products should not be exempted as Hoover proposes, equating necessities to other vital items and warning that once exemptions start, arguments follow.
The discussion outlines cutting expenses and raising revenue to stabilize the budget. A 2 percent sales tax on all manufactured products is proposed, collected by the Internal Revenue Department. Excess revenue would be distributed to states based on manufacturing output, population, or a combination, with Florida and New York as examples.
The article analyzes a 2 percent sales tax on U S manufactured products in 1929 totaling 1 408 697 268 and estimates distributions if 75 percent returned to states and 25 percent to the federal government. Florida and Mississippi figures illustrate state shares and federal retention under the proposed plan.
The essay argues for federal sales tax credits to states and for states to retain rights to tax items not covered by a federal plan. It cites Florida's inheritance tax credits history and calls for a proviso ensuring equal treatment among states, urging closer federal state cooperation.
A reflective piece by Thomas E. Pickersn contrasts the old-fashioned home with modern conveniences. It lists transformations from wash-tubs and potbellied stoves to showers and gas ranges, and from organ foot pedals to radios. The essay argues virtue remains, shaped by character, not by technology.
Ladies of the Golden Eagle prepare to install newly elected officers this evening and gather articles for baskets for the needy. Local residents including Hill, Rader, Katz, Rohrbach, and Houck families visit kin in Pen Argyl, Bethlehem, and Bangor as community notes show New Year gatherings and church events.
In a July editorial from 1933 the writer laments ten million unemployed and argues for shorter workdays and weeks, unemployment relief, and tax relief to spur industrial revival. Despite mechanization and current hardships the piece expresses faith in American assets, leadership, and a return to stable prosperity.
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