Financing Washington Faces High War Spending Challenge
Senator George says financing one third of wartime costs from current revenues possible but unlikely given proposed non defense cuts and tax hikes. He cites projected outlays near 40 billion yearly, with about 17 billion in current taxes plus potential 4 to 5 billion in new levies, leaving a substantial deficit.
MENTIONED IN THIS ARTICLE
Washington
United States
George
D-Ga
Senate Finance Committee
Congress
Don
Pearl Harbor
Treasury
Industry Offers Utmost Arms Production Says NAM flead
President Willam P. Witherow of the National Association of Manufacturers argues 1942 will exhaust fat built up since 1929, as American industry shifts to war production. He calls for training workers, leveraging sub contractors, and ensuring morale with goods and services while urging price controls and no strikes.
MENTIONED IN THIS ARTICLE
Willam P. Witherow
National Association of Manufacturers
France
England
America
Europe
Congress
A Bore Should Streamline His Conversation
Ruth Millet reflects on how most conversational bores arise from talking too long and sharing trivial details without connecting to the listener. She advises mental checks to avoid long monologues and to link experiences to others to keep talks engaging.
MENTIONED IN THIS ARTICLE
Ruth Millet
Byrd-led panel urges large nondefense cuts
The joint congressional economy committee chaired by Senator Byrd proposes substantial yearly reductions in routine non-defense spending. They call for cash savings of 1,131,075,000 and canceling 170,000,000 in potential federal loans. The plan includes 400,000,000 cut from WPA funds, 246,960,009 saved by abolishing the civilian conservation corps, and 91,767,009 by ending the national youth administration.
MENTIONED IN THIS ARTICLE
George
Joint Congressional Economy Committee
Byrd
D-Va
Civilian Conservation Corp
National Youth Administration
U S bombers target Japanese islands by latitude stance
The United States bomber forces raid Japanese islands and encounter targets aligned along latitudes similar to the Atlantic coast. Japan concentrates population and industry in the south, while the United States holds its largest northern cities.
MENTIONED IN THIS ARTICLE
U. S
Japanese Islands
Atlantic
Japan
Books litter bedroom as couple split reading time
Northwestern University professor William Montgomery McGovern is teased by his wife over 69 books scattered around their bedroom. She jokes about putting away unread books while noting she reads three and he reads 66, all still present.
MENTIONED IN THIS ARTICLE
Chicago
William Montgomery McGovern
Northwestern University
U S Trade Grows In First Half of 1941
U S foreign trade expanded in the first half of 1941 with exports up 36 percent and imports up 42 percent compared with the same period in 1931. The faster growth reflects shifting economic activity as global conditions evolve.
MENTIONED IN THIS ARTICLE
U. S
Answers to Do You Know Do You Know
Eddie Shore dominated on ice with 21 years in pro hockey and long Boston Bruins stints. Handball's origin traces to Ireland in the 10th or 11th century. Eddie Collins logged the most major league seasons at 25 years.
MENTIONED IN THIS ARTICLE
Eddie Shore
Springfield
Mass
Indians
Boston Bruins
Shore
New York Americans
Ireland
Britain’s WWI debt to the United States totals large sum
Britain borrowed 4.277 billion dollars in cash from the United States during World War I. Before the 1922 funding, it paid 202.182 million in principal and 357.897 million in interest. Since then it paid 292 million in principal and 1.283792208 billion in interest, yet owed 565.799208 billion as of November 18, 1940, with 4.468 billion in principal and 1.283792208 billion in accrued interest of the balance.
MENTIONED IN THIS ARTICLE
Great Britain
United States
Beaked Toucan Displays Colorful Beak
The toucan, a tropical bird confined to the western hemisphere, sports a red blue orange and white beak nearly as long as its body. It feeds mainly on fruit and is rarely found north of Mexico.
MENTIONED IN THIS ARTICLE
Hemisphere
Mexico
Also Mentioned on This Page
NEA Service
New York
Ritz Martin-Davis
Jack Oakie
Linda Darnell
Clarence E. Mulford
Lott Ats
J William Boyd
Death Valley” and
Iice
Alartin-Davis
Chiarles Starrett
Faiders
Plato Artss
Nas
Ralvh Beleamy
RSE
Cleveland
Maine
Karafuto
Lotoru
PENNA
Philadelphia
Ohio
Raleigh
Elorida
iMiami
Iketen
Sasebos
Ikyushu
Shikoku
Senda
Oyo
Miles
Sunny State Gasoline
Sunny State Gil CO
Millville Highway
Walter Stark
Muskegon
Mich
Eddie Collins
Brea More
Grace Ave
Pensacola, Fla
Pepsi-Cola Company
Long Island City
N.Y
Pepsi - Cola Bottling Company
W. H. Pool
Panama City, Fla
Audit Bureau of Circulations
Bureau
Canada
A.B.C
A. B.C
Panama City
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