Accelerated tax amortization eyed as defense loophole
Washington March 12 Amid scrutiny of accelerated tax amortization allowances critics flag a $8 billion stake across 2,500 applications aimed at boosting defense production. The program, overseen by the Defense Production Administration with Interior and Agriculture departments involved, may be tightened to curb subsidies and protect other taxpayers, as current amortization rates reach about 75 percent and ample room exists for future reviews.
MENTIONED IN THIS ARTICLE
Peter Edson
Washington
NEBA
Oscar Chapman
Defense Production Administration
William H. Harrison
Stuart Symington
National Security Resources Board
Federal Treasury
Treasury
Army
Navy Direct
National Production Authority
Manly Fleischmann
Interior Department
Interior
Kaiser Aluminum
Department of Agriculture
Charles F. Brannan
Defense Transportation Administration
James K. Knudsen
DPA
Daisy Martin Praises Lydia Pinkham's Compound for Female Distress
Daisy Martin of Oakland recounts relief from painful menstruation and menopausal symptoms after using Lydia E. Pinkham's Vegetable Compound. She urges others to try it, noting long-standing success and its uterine sedative and antispasmodic effects, with a tablet version also suggested.
MENTIONED IN THIS ARTICLE
Daisy Martin
Lydia Pinkham
Martin
Grande Vista Avenue
Oakland
California
Lydia E. Pinkham
Lydia
Pinkham
Bruly
Lydia F. Pinkham
Rail workers union drive at major plant sparks talks
About half of the plant's 1,000 employees belong to the Brotherhood of Railroad Trainmen. The railroad performs essential switching and hauling within the plant and is critical for bringing in raw materials and removing finished products, underpinning operations.
MENTIONED IN THIS ARTICLE
Necting Railroad
The
Brotherhood of Railroad
Steel Plant To Close Because of Slow-Down
Pittsburgh March 11 Jones and Laughlin Steel Corporation will shut its Pittsburgh works tomorrow due to a slow down strike by a subsidiary railroad employees. The move will idle about 12,000 workers and cut daily finished steel output by around 4,500 tons. The plant had been producing armor plate for tanks as the wage dispute with the Monongahela company nears a new mediation attempt.
MENTIONED IN THIS ARTICLE
Pittsburgh
Jones and Laughlin Steel Corporation
Big
South Side
National Mediation Board
Washington
Tragic Baltimore Row Home Fire Claims Four Children
Baltimore authorities report four Carlescus children among fire casualties from a West Baltimore row house blaze Saturday. Catherine 7 died in hospital. Alice 4 and Virginia 7 died on arrival yesterday. Doris 17 died later after a head injury while escaping.
MENTIONED IN THIS ARTICLE
Baltimore
Carlescus
West Baltimore
University Hospital
Catherine
Alice
Virginia
Doris
Red Arsonists Threaten Singapore Crime War
British authorities deploy shoot to kill orders as police clash with Red arsonists in Singapore and across the Federation of Malaya. Junior students in English public schools train with rubber truncheons amid anti-Communist drills while a detention island is prepared for thousands of suspected Reds. The crackdown follows Chinese pressure over alleged persecution in Malaya and a request for a Peiping team.
MENTIONED IN THIS ARTICLE
Singapore
Federation of Malaya
Red China
Peiping
Malaya
North
Borneo
China
John Pennefather-Evans
Walkersville Man Hurt In Accident
George Wesley Brown, 24, of Walkersville, is hospitalized in Frederick Memorial with injuries from a crash on Route 26 near Route 15. His east bound 146 Ford coach swerved off the highway, overturned 500 feet north of the Route 15 intersection, about 2 am Sunday. Injury list includes a fractured right shoulder and facial lacerations. State Police attributed probable excessive speed.
MENTIONED IN THIS ARTICLE
George Wesley Brown
Main Street
Walkersville
Frederck Memorial Hospital
Ford
Frederick
Brown
W A Mutchner
North Carolina
Virginia
Probe to Continue in Senate Inquiry on RFC Loans
Republican lawmakers urge prolonging the inquiry into the Reconstruction Finance Corporation. Senator Fulbright says the panel may finish soon as it turns spotlight to a $300,000 loan to Central Iron and Steel Co. of Harrisburg. Today a DC grand jury opens an inquiry linked to the subcommittee findings.
MENTIONED IN THIS ARTICLE
Whetoington
Marchal
Reysonstration Finance Corporation
Plains
Bricker Ul-Ohial
Capehart Rand
Senate
Fulbright
Chaiman
Grand Jury
Central Iron and Steel Co
Harrisburg
REC
District of Columbia
Federal
Justice Department
Capehart
Senate Appropriations Committee
Also Mentioned on This Page
Glass
St Mark's Lutheran Church
Doubs
Rayhu Specht
Carlos Specht
Roger
Gobbel
David Specht
Jesus
Hume Davis
Han River
Walter Leaa
Ccene
Hueir
Peter
Jose
Moe
Ebner E. Summers
New Market
Enoch
Judas
Theresus
Breod
Andra
Monet Baek
Onte Hidanee
Steng Pottery
Duncan Crystal
Berger
Market St
Monti
Jenderain
U. S
United States
Tarawa
Central Park
New York
DES
Pertyssin
Westinghouse
P Bor
Pat
Uni. A
Better Homes Equipment CO
C. Preston Myers Union Bridge, Md
W. George CO
Brunswick, Md
Studio One
Channel 9
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