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Newspaper
Polk Progress
Location
Polk, Nebraska, United States of America
Date
Apr 16, 1936
Page
2
In Washington the tax issue dominates as lawmakers draft a new bill amid high deficits and unemployment. Harry A. Wheeler proposes a draw back on undistributed profits to fund capital investment, aiming to boost production and employment while preserving incentives for corporate growth.
Nebraska liquor revenue climbs with the 1935 act and March 1 prepay rule at breweries. For the first quarter of 1936, receipts reach 183,340 versus 53,095 a year earlier. March total liquor revenue hits 165,303 with about 130,000 net to the general fund, bringing liquor profits to 229,166.
In Washington the Nebraska Bankers Association argues before Helvering that 88 Nebraska state banks should be exempt from income taxes on interest paid the RFC for preferred stock. W. W. Hughes contends interest is deductible as expense, equating the situation to treated borrowed money as with thousands of other banks.
M B Jenkins of the University of Nebraska conservation division called for a broad soil conservation program including 50 million trees planted annually for five decades and mandatory forestry and agriculture study in schools. He warned Nebraskas future hinges on extensive tree barriers to erosion. Sugar beet growers may receive 6.00 to 6.25 a ton for 1936 crop from Great Western Sugar. Warrick said growers earned 4.83 a ton last year and 51 000 of 66 800 acres assigned to the company in western Nebraska have been planted.
City county commissioners seek Federal funds to build a replacement home at the county poor farm after a recent fire. They say insurance will cover much of the cost, leaving only a small cash outlay from the county. Twenty six homeless residents resulted from the blaze.
North Platte Platte Valley power and irrigation district officials say 48 000 acre feet of water are stored to date and forecast 90 000 more during April. The Farm Credit Administration cites 163 178 000 in Nebraska mortgage recordings over two and a half years with 7 percent new loans and 66 percent refinanced by the Federal Land Bank and related bodies. Nebraska led the district totals at 531 130 000 across four states. CCC enrollment quotas for April include Adams 19 Buffalo 16 Douglas 96 Gage 15 Hall 28 Lancaster 64 Lincoln 15 Madison 17. The new farm plan could bring up to 24 000 000 to Nebraska. Home Owners Loan Corp 13 193 loans totaling 27 193 346 in two years with delinquent taxes repaid at 1 616 000.
Representatives of the Columbus Izaak Walton league in Platte county announce a program to introduce Hungarian partridges as game birds. The chapter proposes purchasing a dozen pairs and releasing them on farms where owners will protect the birds until their population expands to a viable number.
E F Witte NERA administrator announced an April 1 to 15 enrollment quota of 882 junior applicants. The target would raise Nebraska CCC counts to 3,400 juniors and seasoned local workers after approval by relief committees following NERA investigation.
The Nebraska assistance committee ordered initial early payments of 25 191 dollars to parents of needy children in 48 counties to supplement county mothers pensions. Two thirds of the funds come from the state and one third from federal sources. State Purchasing Agent J R Farris awarded 14 automobiles and five motor trucks for the highway department including O Shea Rogers Co Lincoln 13 coupes 5912 plus trades Fred S Sidles Motor Co Lincoln five light trucks 2925 and Sample Hart Motor Co Omaha one coupe 420 plus trade ins.
John Latenser Jr the Nebraska public works administration engineer approved contracts totaling 76583.85 on PWA projects in West Point Omaha Murdock Alvo and Boelus including street lighting sewers waterworks and a water tank and tower. Prof J C Jensen of Nebraska Wesleyan University spoke on moisture studies and rainfall implications from Minnesota research at an open forum.
Bris bane columns mix war dispatches from Addis Ababa and Europe with a tribute to Marilyn Miller who died at thirty eight. Arthur Brisbane notes marriage failures and Dr Alice Johnson lists seven causes while wagering on hell as a metaphor for fear. Amy Johnson sets out solo flight to Cape Town and back amid global tension.
The Canadian Press notes a near six thousand million drop in wealth since 1929, seen as temporary. England grows concerned, calling for a league oil embargo on Italy amid outrage over Italy’s use of poison gas in Ethiopia. Mussolini’s wider actions implicate Britain as well, including Lake Tana events.
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