Tax Reduction Fight Looms Over Community Property Plan
In Washington, Republicans and Democrats spar over a potential tax bill with a community property provision. Democrats warn a rush to lower rates could backfire if aid to Europe and inflationary pressures aren’t addressed. The debate centers on who benefits from changes and the path to a veto override.
MENTIONED IN THIS ARTICLE
Congress
Oregon
Washington
California
New Mexico
Arizona
Nevada
Idaho
Texas
Oklahoma
Louisiana
Nebraska
Michigan
Pennsylvania
Hawaii
Ways and Means Committee
Europe
Big Four peace talks loom with pessimistic mood in London
The upcoming London meeting of the United States Britain France and Russia is expected to face deadlock on postwar treaties for Germany and Austria. Deputies prepare while main ministers Marshall Molotov Bevin and Bidault clash over major issues. Debates over separate peace with non Soviet Germany may divide the U S and Soviet Union. Grain price speculation drives calls for investigation into price spikes and export levels.
MENTIONED IN THIS ARTICLE
London
U. S
Great Britain
France
Russia
Germany
Austria
Marshall
Molotov
Bevin
Bidault
U S
U .S
Truman faces emergency session aims at price relief
President Truman revealed plans to use the emergency session on November 17 to consider aid to Europe and a program to lower prices. Senator Taft signaled quick handling of Marshall plan questions by December 19 and promised lawmakers would be home before Christmas. The inflation check and Europe aid are linked, with Byrnes and others urging firm U S policy and strength to deter Soviet inaction.
MENTIONED IN THIS ARTICLE
Truman
Congress
Europe
Taft
Republican Policy Committee
Taft taints bipartisan plans as grain row grows
The piece describes Taft opposing Truman’s domestic economy push and a split over policy. It notes major grain exchanges seeking a congressional inquiry into price rises, citing administration purchases for export as a key factor. It also covers Brewster’s praise of Howard Hughes flying boat tests and Eisenhower comment, plus Czechoslovakia’s shift to Communist control under Gottwald reducing Slovakia’s self rule.
MENTIONED IN THIS ARTICLE
Taft
Truman
Joint Committee On the
Chicago Board of Trade
Kansas City Board of Trade
Minneapolis Grain Exchange
Robert Taft
Jesse P Wolcott
Mich
Cochairmen
Grain Exchange
Washington
Owen Brewster
Rep
Senate
Howard Hughes
Sarasota
Fla
Herald-Tribune
Tacoma
Edgar H. Eisenhower
Eisenhower
Czechoslovakia
Europe
Klement Gottwald
Slovakia
Gottwald
Gottwed
The General Farm in an Age of Revolution
Louis Bromfield argues the old general farm pattern is doomed as mechanization and specialization dominate U S agriculture. He cites a 160 acre example earning 33000 with year round labor and compares it to a mixed farm's 3000 7000 gross and low net, predicting farmers will shift to specialized businesslike operations.
MENTIONED IN THIS ARTICLE
Washington
Connecticut Avenue
Republican National Committee
Ufe
U. S
Installment Buying Curbs End as Prices Seen Rising
Government controls on installment buying ended November 1, lifting limits and shifting terms to the dealer and consumer. Economists warn looser terms may spark higher demand and prices while supply lags, risking a credit-fueled boom and later a harsher downturn as excessive debt is reduced.
MENTIONED IN THIS ARTICLE
Congress
Black Flags Spur Army Safety Plan
Fort Lewis officials launch a safety program to keep personnel accident conscious. White flags mark headquarters after accidents the flag is replaced with a black flag.
MENTIONED IN THIS ARTICLE
Black Flags Spur Army Safety Plan
Fort Lewis, Wash
Fort Lewis
Elderly as Apprenticeship Evidence Cited in Aged Study
Albany New Jersey State Senator Thomas C. Desmond, head of a panel investigating aged problems, cites an elderly respondent over 65 who marked himself as an apprentice on a questionnaire to show surprising attitudes among seniors.
MENTIONED IN THIS ARTICLE
Albany
N. J
Thomas C. Desmond
Lord's Acre charity sale nets 30000 for relief
Byron New York residents gathered at a village land plot for an auction of goods and farm output raising 30000 dollars for domestic and foreign relief. Buyers totaled around 7000 as proceeds go to National Catholic Welfare, Protestant Restoration Fund, and United Jewish Appeal to aid nine needy foreign families.
MENTIONED IN THIS ARTICLE
National Catholic Welfare Association
Protestant Restoration Fund
United Jewish Appeal
Also Mentioned on This Page
Democratic National Committee
Committee For Economic Development
Bankhage
Porpoise
Porpoises
Southport
N. C
Harmony
James F Byrnes
Cart
RED
Go Communist
Louis Bromfeld
America
Bromfield
Green Bay
Louis Broomfield
WNU
Civis Service
Peiling
West 17 Street
New York 11
N. Y
Prince Albert
Adv
Lord's Acre
Lyle
Gensco Tool Division
General Steel Warehouse Co
Int
N. Kostner Ave
Chicago
Iit
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