Tax On Dividends Of Corporations Plan To Replace Income Tax
Finance Committee moves to offer a Taft amendment taxing corporate dividends as a substitute for the income tax. President backs the plan, aiming for 2 percent on dividends for a limited term to fund federal expenses. Senate debate and party lines shape the likelihood of adoption tomorrow.
MENTIONED IN THIS ARTICLE
Washington
Co Committee
Qf Hill
Judiciary Committee
Tribune
Senate
Joint Committee On Conference
Republican Party
Youngstown Votes Wet in Local Option Fight
In Youngstown Ohio a hotly contested local option election favored wet by 1 969 as 11 232 voted against 9 262 for anti saloon forces. The race centered on breweries a distillery and about 300 saloons with auto campaign tactics and banners used near polling places by both sides.
MENTIONED IN THIS ARTICLE
Youngstown
Ohio
Mahoning County
Billy Whitla
May riot at funeral in Paris over Chauchard will
Paris June 92 Socialist papers led by L Humanite condemn late M Chauchard for leaving the poor little while amassing a vast legacy for Mme Boursin and funded a 200000 gift to the poor. They call for a demonstration at his funeral set for tomorrow amid outrage over the will and extravagant displays. The Paris reports note a 190000 pearl laden burial and a 16000 coffin with a Louis XV carriage as laboring Paris protests the opulence and laws sought to curb such wealth transfers.
MENTIONED IN THIS ARTICLE
Paris
L’humanite
M. Chauchard
Mme. Boursin
the Tribune
Chicago
Daily News
H. A. Chauchard
M. Leygues
Colonies
Legion of Honor
Annam
Michigan tops 20 knots in tests for battleship Michigan
Rockland Maine June tests show Michigan reaching 20.01 knots on the measured mile. Builders and officers expect to meet 18.5 knot contract speed in a four hour run. Weather was fine and sea smooth during the runs. The ship built by New York Shipbuilding Company Camden New Jersey.
MENTIONED IN THIS ARTICLE
Rockland
Michigan
Anchorage
Spega
New York Shipbuilding Company
Camden, N. J
Putnam House Sold to Syndicate for 309090
The old Putnam House at 369 to 373 Fourth and 103 to 105 East 26th street was sold yesterday by Putnam Holding via John N. Golding for about 309,090. Foreclosure actions on the site for 211,000 were expected to discontinue. The buyers include a syndicate with Varick D. Martin H. M. Gulici Barry A. L. Everett and Frederick T. The sale marks turnover of a landmark area along Fourth Avenue from Union Square to 34th Street.]
MENTIONED IN THIS ARTICLE
Putnam
Fourth 103
East 26Th Street
Putnam Holding
John N. Golding
Nos Company
Close 2
Comin
Varick D. Martin
H. M. Gulicipany
Barry
A. L. Everett
Frederick
Fourth Avenue
Union Square
Ashland House
Belvedere
Clarendon
Florence
Parker Building
Putnam House
Fourth
26Th Street
A. Fillmore Hyde
Andrew Ryan
Willian Hickey
H. H. Hamilton
Stein & Veno
Algernon Sartoris Resigns from Guatemala Post
Washington June 9 Algernon Sartoris secretary of the American Legation in Guatemala has resign ed citing ill health. Reports hint at family interests and other pressures behind the move. Sartoris is a grandson of Ulysses S Grant and his departure follows a curt State Department reply.
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Washington
Algernon Sartoris
Guatemala
Sartoris
Vu. S. Grant
Iry
State Department
Paris
Department
the Times
GAYNOR criticizes city officials at Brooklyn subway meeting
Justice William J. Gaynor assailed lax city officials and political bosses over transit stock dealings that led to Metropolitan bankruptcy. He attacked Controller Metz for siding with Belmonts, warned against party bosses, and linked the Croker dinner to a system serving self interest. The Brooklyn audience of 2,590 cheered as speeches framed subway issues within mid campaign rhetoric.
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Prospect Hall
Brooklyn
Fourth Avenue
William J. Gaynor
Supreme Court
Metz
Belmont
Croker
Jerome
Tammany
Croker Dinner. the Gathering Before Which Justice Gaynor
Justice Gaynor
Hugh V. Monahan
Anthony N. Brady
J. Pierpont Morgan
Brady
Morgan
Mr. Monahan
Steamer Ashore In Fog Off Fire Island
A sizable steamer ran aground on Fire Island Beach near Point o Woods around 9 pm in thick weather. The vessel name is not yet learned. Lifesaving crews are off duty in June and July. a line to the wreck is being attempted. The surf is heavy but easing and a revenue cutter is expected by daylight.
MENTIONED IN THIS ARTICLE
Fire Island
Long Island
Fire Island Beach
Point O Woods
E. W. Baker
Charles Baker
Point O’ Woods
Revenue Cutter Service
Wireless talk trials extend to over a hundred miles
Toulon reports progress in wireless telephone tests between the cruiser Conde and land stations. Despite shorter poles than earlier trials, the cruiser managed communication beyond one hundred miles today. Earlier this week conversations were recorded at sixty miles.
MENTIONED IN THIS ARTICLE
Toulon
Condé
Artist William J Comley commits suicide in New York offices
William J. Comley, president of the International Society of Art, shot himself in the head at the society offices on the fifth floor of the Billings Court Building. The painter left two letters, one to Miss A Comley of Yonkers and one to the coroner, after a building superintendent heard a gunshot. The motive remains unknown.
MENTIONED IN THIS ARTICLE
William J. Comley
International Society of Art
Billings Court Building
Fifth Avenue
34Th Street
Society
Comley
John Candlin
A. Comley
Warburton Avenue
Yonkers
Coachman in scuffle at St Vincent Ferrer School
John Downes, a Lexington Avenue coachman, fought with a priest and shoved a nun during a dispute over his daughter failing exams at St Vincent Ferrer parochial school. He cut his head on stairs, went to Presbyterian Hospital, and left without further protest. He then asked police to arrest the sisters and Father Durkin, but the lieutenant declined.
MENTIONED IN THIS ARTICLE
St. Vincent Ferrer
Lexington Avenue
Ith Street
John Downes
East 55Th Street
Presbyterian Hospital
John J. Durkin
Downes
East 67Th Street
Mason
Father Durkin
Breakers Hotel Fire at Spring Lake Destroys Hotel
Fire late tonight in Asbury Park area destroyed the Breakers Hotel and adjacent Urie and Graff cottages. About twenty five guests were registered amid a staff of similar size. all escaped unharmed. Fire spread despite calls for help from Asbury Park, Point Pleasant and Belmar. containment began an hour after ignition.
MENTIONED IN THIS ARTICLE
Asbury Park
N. J
Spring Lake
John H. Eckel
Park Place
Brooklyn
Point Pleasant
Belmar
Chamberlain proposes export duty on paintings
London June 1. In a letter to The Times J Austen Chamberlain former Chancellor of the Exchequer suggests a 10 or 20 per cent duty on the export of works of art to prevent their drain. Proceeds would be used to enrich national collections.
MENTIONED IN THIS ARTICLE
J. Austen Chamberlain
London
Great Britain
the Times
Boston City Hall referenced in theft trust joke prompts police ban
In Boston on June 9 a police notice barred sight seeing vehicle announcers from calling City Hall the Steal Trust. The gag, heard during court proceedings against city officials accused of illegal practices, prompted the order after a police captain overheard the remark.
MENTIONED IN THIS ARTICLE
Boston
Boston City Hall
City Hall
American Capital Plans China Development Syndicate
A U S syndicate led by National City Bank First National Bank Kulm Loeb Co and J P Morgan Co will fund profitable Chinese development with no upper cap An agent will go to China in about two weeks to identify opportunities including provincial and state loans railway financing and new banking ventures The plan aims to expand American influence alongside existing European and German interests and aligns with open door policies and silver to gold currency discussions in China The article notes prior American ventures and the evolving banking landscape in China with government control and new banks opening
MENTIONED IN THIS ARTICLE
National City Bank
First National Bank
Kulm, Loeb & Co
J. P. Morgan & Co
China
State Department
Washington
United States
Roosevelt
Hays
American-China Development Company
Calvin 5. Brice
Chinese Railways Syndicate
Peking-Hankow
Thurlow Weed Barres
Price
Wharton Barker
Philadelphia
Eugene de Mitkiewicz
Li Hung Chang
Far East
International Banking Corporation
Wich
Hong Kong
Shanghai
Canton
J. W. Jenkey
Charles A. Conant
Board of Revenue
Americans Eye Role in Hankow Railway Financing
Share in Hankow Road London reports British banks in the Hankow Sze Chuen Railway finance group are wary after a powerful American syndicate with government backing seeks participation. American firms cite 1904 Chinese assurances that American and British capital would be invited if China cannot fund itself, a claim presented to Britain France Germany and China via ambassadors and minister Rockhill.
MENTIONED IN THIS ARTICLE
London
China
Peking
Reid
White and Hill
W. W. Rockhill
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Tony” Richerio
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Batagalia
Toledo
F. W. Gaines
Rizzo
Fatagalia
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Joseph Petrosino
Sam” Lima
John Amicon
Amicon
Mt Beer & Sons Co
Fulton St
Coachman
Breakers
J. P. Morgan
SYNDI
Cate
Hankow Road