Proposal for excess profits tax debated in Congress
The article notes that despite seeming fairness the excess profits tax is viewed as inequitable and inflationary. Business leaders prefer higher normal corporate income taxes to a complex levy on profits. Congress reconvenes November 27 to consider the super tax, with final action possibly postponed to the next Congress.
MENTIONED IN THIS ARTICLE
Frederick
Congressional Tax
Congress
House Ways and Means
Senate Finance Committees
Launch Fight On Excess Profits Tax
A committee of over 100 top business executives launched an allout fight against an excess profits tax. They urged for sound alternative corporate taxation to fund defense without inflation while maintaining fairness and economic freedom. Beardsley Rumi called the excess profits tax very harmful and dangerous.
MENTIONED IN THIS ARTICLE
Washington
Beardsley Rumi
Argentina's Coal Reserves Estimated at Large Total
Argentina's coal reserves are estimated to exceed a substantial threshold of million metric tons, reflecting sizable domestic energy resources. The official figure cited indicates a major coal endowment, underscoring potential for supply security and industrial use.
MENTIONED IN THIS ARTICLE
Argentina
Final Rites For Gustav V in Stockholm
Sweden's beloved King Gustaf V was buried beside Queen Victoria in Riddarholm church after a state funeral in Stockholm. American and British warships joined Swedish batteries in a 42 gun salute, as royalty and commoners paid final respects.
MENTIONED IN THIS ARTICLE
Stockholm
Sweden
Gustaf V
Victoria
Riddarholm
Royals Attends Swedish King Gustaf Funeral Service
Princes joined the funeral procession to Riddarhjem Church marking Sweden's largest royal gathering since King George VI's crowning. Archbishop Brilioth praised Gustaf for duty and mildness, calling him a peacemaker. Slush hid the streets as the purple-draped coffin rode in a black-horsed carriage.
MENTIONED IN THIS ARTICLE
George VI
Britain
Sweden
Ynvce Brilioth
Gustaf
Stockholm Royal Palace
Swedish King Gustav VI Adopts Solemn Walk Behind Coffin
Estimated 100 000 Nelsons massed along streets and embankments as Sweden and Norway mourn the king. Gustav VI, age 67, walked alone behind his father's coffin in a general's uniform, wiping tears with a handkerchief while princes Wilhelm and Bertil followed. About 200 mourners fainted amid the somber tribute.
MENTIONED IN THIS ARTICLE
Gustav VI
Wilhelm
Bertil
Haakon VII
Norway
Denmark King and Finland Leader Attend 1951 Event
King Frederik IX of Denmark and 80-year-old Fin land president Juho Paasikivi attended a ceremony. In Hagerstown on Nov 9, draft officials said they likely will not start calling 21-year-olds until next year. Maryland's Selective Service director, speaking in Baltimore, said December would see the start of calls for 21-year-olds. Washington County has an un- read portion of the report.
MENTIONED IN THIS ARTICLE
Frederik IX
Denmark
Finland
Juho K. Paasikivi
Hagerstown
Washington County
Selective Service
Maryland
Baltimore
Local draft board lists 78 men for induction
A backlog of older men lingers as the draft board reports 78 men examined and eligible, awaiting notices to report for induction. Kenya is noted as a British colony in Africa.
MENTIONED IN THIS ARTICLE
Kenya
Africa
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