Congress Passes War Revenue Bill With 27 Dollar Levy
Washington reports Congress adopts a revised war revenue plan totaling about 2.7 billion dollars up from 2.42 billion, expanding excess profits tax, adjusting invested capital and intangibles, raising post and beer taxes, and setting new inheritance and stamp duties. It keeps Senate provisions on normal income tax and introduces graduated surtaxes, plus new wartime taxes on goods, mail, and occupations. The act aims to fund military efforts with broad corporate, individual, and excise levies.
New War Tax Levies as Made by Senate and House
War revenue bill agreed by conferees details levies totaling about 2.6068 billion dollars. Income tax, excess profits, spirits, wines, soft drinks, cigarettes, tobacco, and snuff taxes listed with specific dollar amounts. Also increases in transportation, insurance, sales taxes on autos and instruments, motion pictures, jewelry, sporting goods, perfumes, medicines, cameras, admissions, club dues, and mail matter classifications. Virgin Island products and first and second class mail taxes included.
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Garfield fixes coal prices under new wartime controls
Washington reports Fuel Administrator Garfield announces regulations to regulate coal prices and margins for 1917. Retail dealers may add up to specified percentages to wholesale costs, with caps tied to prior margins and July figures, aiming to stabilize prices amid iron and steel work demands.
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Colonel House to Gather Data for Peace Era Policy
President Wilson assigns Colonel House to assemble a corps of experts to collect strategic, geographic, and ethnographic data to inform a future peace conference. Dr. John Finley will lead the data effort while House remains in the United States and will not participate in diplomacy or salary.
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Wilson
Mieer
Col
B. M. Lose
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House
John IL Fineley
New York State
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Viactor Finley
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United States
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American Bankers’ Association
Athlatic
America
State Department
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Trouse
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Anil Papiter Development
Artfeor
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Nevardagee
Aime
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Monse
Gacher
Domberchis
Severitt Waperksy
Americcan Army
France
United Staws
Coronel Las
Germany
Government to study strikes and wage policy for war output
Secretary Wilson heads a Board to sweepingly inquire into Tabor unrest and propose a future policy. The report aims to curb strikes that threaten war production by proposing wage adjustments, contracts, and informal dispute mechanisms across industries.
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Western Nicanapor Union
Nerth Hervt
Washington
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Ayer de Partment
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No Early Examinations Plan Cut From War Deficiency Bill
Washington reports that a proposal for pre service examinations of draftees was removed from the War Deficiency Bill by conferees. The marshal general urged examination to determine eligibility for service, but governors’ opinions were limited and only two significant approvals were noted. Secretary Baker said the department had reached two decisions and awaits wartime action.
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Pais Rishi
Europe
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Furire
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al Nz Mons
America
Washington
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War Department
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Milk Price Crisis Sparks Deaths in New York
A chaotic milk price surge in New York allegedly caused the deaths of 400 children. District Attorney Swan linked collusion by milk dealers to price manipulation, while a state milk dealers board member claimed donors cut supplies to board members. The report notes investigations and possible wage and price actions amid the dairy dispute.
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New York
Lua
Swen
Swan
Third Men's League
Une Langue Chartes
Johan FP. Maetsnley
Confer Ones Board
Tage Parentenad
Te Witthoh
Joss
New York City
District Attorney's Office
Urged to Buy Potatoes by Chicago Municipal Board
A sub-committee of the Cornell finance committee recommends the Chicago Municipal Food Staples Association purchase a large stock of potatoes and resell them to officials where shortages occur next winter. TH C Gardner discusses the plan, noting potential price impacts and supply considerations.
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Chicago
Cornell Finance Committee
TH. C. Gardner
Towistant
Toma State Fond
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