Compulsory Savings Ideas Circulate In Washington
NEA Washington correspondent Peter Edson reports that lawmakers discuss compulsory savings as a future possibility not set for 1951. Proposals envision savings bonds, substitute taxation, social security boosts, and wage protections, with roots in British wartime policy and limited U.S. wartime bond plans.
MENTIONED IN THIS ARTICLE
Peter Edson
NEA
Washington
Lord Keynes
Britain
Doan's Pills Promised Relief for Kidney Discomfort
An old advertisement touts Doan's Pills as a remedy for backache headaches and dizziness tied to slow kidney function. It claims the product aids waste elimination with gentle action and has been used safely by millions for years.
MENTIONED IN THIS ARTICLE
Dean
Doan
Compulsory savings plan debated in wartime tax talk
Congress debates 1942 and 1943 victory tax bills and a compulsory savings scheme to curb inflation. Critics warn higher taxes push evasion and hurt production, while compulsory saves could protect low income groups, but risk lasting repayment schemes and limited relief of spending power.
MENTIONED IN THIS ARTICLE
Congress
United States
City Mayor Urges Ice Free Sidewalks After Storm
Mayor Elmer F Munshower calls on property owners to clear sidewalks now that thaw has begun. He notes city neglect in some areas while acknowledging it was often impossible for pavements to be cleared immediately. City workers could not cover every icy section.
MENTIONED IN THIS ARTICLE
Britain
United States
Congress
Secretary of Treasury
Henry Morgenthau
Elmer F. Munshower
Munshower
Vhce
Snowbound Alpine Italy Faces Flood Threats Near Vicenza
Rome reports fifty hours of heavy snow isolated towns in Alpine Northern Italy with drifts up to 35 feet. Avalanches killed three people and injured one near Vicenza as floods from melting snow threaten Central Mary regions.
MENTIONED IN THIS ARTICLE
Rome
Italy
Vicenza
Central
Mary
Apennines
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