Kahn Defends Wealth as War Tax Burden Pinches
Otto H. Kahn of Kahn, Loeb & Co explains he did not urge capital flight to Canada over war taxes. He argues high income taxes could deter enterprise and cautions that after the war capital may move abroad if taxation remains burdensome, urging fair sacrifice by moneyed Americans.
MENTIONED IN THIS ARTICLE
Otto H Kahn
Kahn, Loeb & Co
United States
Canada
Fr. Kahn
Kahn
America
House of Representatives
England
France
Italy
Warning to gun carriers amid wartime arrests in Special Sessions
Justice Freschi warned that severe sentences would follow for revolver carriers. Pascal Strano pleaded guilty to carrying a revolver and received thirty days in the Workhouse. He noted many defendants claim no permit was needed during wartime. The judge said gun carriers threaten public order and riots.
MENTIONED IN THIS ARTICLE
Pascale Strano
Moss
Freschi
Garvin
Strano
Doubles His Income Tax To Help War Efforts
Collector William H. Edwards of the Second Internal Revenue District received a surprise when an unnamed taxpayer paid his income tax in advance and sent a check for double the amount with a note requesting the excess be used for war. Edwards suggested donating the surplus to the Red Cross or purchasing Liberty bonds. Collections in the Second District have continued to pour in, with four days’ receipts totaling nearly a substantial sum.
MENTIONED IN THIS ARTICLE
William H. Edwards
Internal Revenue District
Custom House
Edwards
Treasury Department
Red Cross
Liberty Wds
Post Office Urges Correct Stamp Denominations
The Post Office Department directs postmasters nationwide to urge the public to use stamps of the proper denominations and avoid substituting two one cent stamps for a two cent stamp to save on stamps.
MENTIONED IN THIS ARTICLE
Post Office Department
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Pioneer Storage
Flatbush Avenue
Army & Unifor
New York City
Arey Hainesistica
Army & Navy
Army
Re Corps
North Spee
New York
Franklin Simon & Co
Norfolk
Thompson-Starrett Company
Jean Valjean
Lises
Andrew Alexander
Sixth Avenue
Nineteenth Street
Franklin Simon
Fifth Avenue
Misses’ Voile
Dimity
Chambray
Batiste
I. F
Jersey
Jority
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Oxford
Saks & Company
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34Th Street
Saks
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New York Times
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