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News in Frederick, Maryland

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

News

Location

Frederick, Maryland, United States of America

Date

Nov 10, 1950

Page

6

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.

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.

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.

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.

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.

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.

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.

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.

Kenya Africa

Also Mentioned on This Page

Xmas Bikes Pelay Dackci Suny Xmas Burall C. Carty E. Pat St. iMy Studebaker Ford Chevrolet Hillside Motor Patrick Street James W. Anderson, Jr Dumont Wayside Patrick SP Bill Oben Hone Brad Gustav V Allen .S Delphey Columbia and Schwinn West Patrick John Wood Jones “Metered Gas’’ Service South Market Stl Frederick, MD Philco Crosley THE Kehne Furniture CO South Market St C. E. Cline & Son E. Patrick ST Allen’s Market & Second Sts Eola Weil Brothers North Market St Western Maryland Trust Company Federal Deposit Insurance Corporation Iyenr Ennel En Frederick County Republican County Central Committee John A. Bear Gail L. Gutshall H. Reese Shoemaker, Jr New Market William S. Hood Insurance and Retirement Plant East 4Th ST the Frederick Tailoring Co
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