Debated Bonus Bonds and War Profits Tax in Roanoke Rapids
A local Roanoke Rapids editorial panel argues against bonus bonds and a blanket war profits tax, noting high bond rates scare investors and a sales tax may be needed. The piece cites Senate projections of huge costs and the Chamber of Commerce stance on veterans’ pensions and patriotism.
MENTIONED IN THIS ARTICLE
Congress
Assembly of misc. clippings on politics and humor
A fragmented column of snipped notes and quips on politics and social topics. It mentions Senator Newberry, President Wilson, Senator Johnson, and Carranza with wry commentary on prices, drafts, and a general sense of political fatigue. The tone shifts between satire and light editorial observation.
Sober Thought in Congress on Soldiers Bonuses
The Chamber of Commerce of New York urges funding for soldiers and sailors bonuses, estimating a need of 2 billion dollars. It suggests two possible sources: a retroactive excess profits tax or a bond issue, each viable for financing.
MENTIONED IN THIS ARTICLE
Chamber of Commerce of
State of
New York
Nevic
Leon
Also Mentioned on This Page
Roanoke Rapids Herald
the Herald Publishing Co., Inc
J. T. Srainback
Roanoke Rapids
North Carolina
Herald Publishing Co
Liberty
Futhermore
Thomas Af
Colorado
Meni
McCunwher
Underwood
Newberry
Wilson
Johnson
Germany
Mexico
Carranza
Victoriano
Bryan
Kipling
R. J. Reynolds Tobacco CO
Sellers
Good Housekeeping Institute
Virginia-Carolina Furniture Co
MR. Farmer
Roanoke Hardware Company
Roanoke Rapids, N. C
The
First National Bank
Halifax
Northampton Counties
C. A. Wyche, Pres
S.F. Patterson, V-Prest
J.T. Stainback
Cashier
T. W. M. Long, V-Prest