Tax Cut Plans Highlight GOP Legislative Push
Rep. Harold Knutson announced a 20 percent personal income tax cut once the 80th Congress opens. He would head Ways and Means to cut excise taxes on jewelry, furs, cosmetics, and liquors, aiming to reduce the budget from 40 to 32 billion dollars, while trimming expenditures. The piece notes broader GOP aims and calls for Truman to resign in favor of a bipartisan unity option.
MENTIONED IN THIS ARTICLE
Harold Knutson
Rep
Minn
Knutson
Ways and Means Committee
Truman
GOP
Canned Goods Forecast Boosts 1946 Supplies
Trade spokesmen at the ninth annual Supermarket Institute convention in Chicago predict large gains in canning. Over 190 million cases of canned vegetables and 75 million cases of canned fruit will be produced in 1946, up from 163 million and 40 million in 1945 respectively. Despite ample frozen foods, distribution is slowed by warehouse space shortages and insufficient refrigerated rail cars.
MENTIONED IN THIS ARTICLE
Supermarket Institute
Chicago
Labor Regulation Wins Narrow in Four States Including Nebraska
Four states vote on labor regulation as unions gain strength. Nebraska and South Dakota approve constitutional amendments banning the closed shop by large margins, Arizona passes it narrowly, while Massachusetts mandates unions disclose financial records by a wide margin of 406,827 to 227,307. Organized labor opposed all measures.
MENTIONED IN THIS ARTICLE
Nebraska
South Dakota
Arizona
Massachusetts
U S Loans Spark Wider Foreign Trade in 1946
Foreign markets show strong postwar demand as U S loans finance about 2.8 billion dollars of exports. Canada Latin America and Europe boost purchases by 200 to 300 percent, while the United Kingdom rises about 50 percent. The overall exports total around 8 billion dollars with significant war recovery activity.
MENTIONED IN THIS ARTICLE
U. S
Uncle Sam
Canada
United Kingdom
Breeding Animals Imported In 1946 Reach 25972
The Department of Agriculture reports 1946 imports of breeding animals total 25 972 from foreign countries. Horses 116 cattle 21482 sheep 3062 swine 647 and dogs 665 were admitted. The year saw an increase of about 3000 animals over 1945 driven mainly by dairy breeds.
MENTIONED IN THIS ARTICLE
United States
Department of Agriculture
Real Shell Shock Found by Army Medical Officers
Army medical officers report a relatively rare condition called shell shock. It is a mental and physical disorder caused by blast effects on the brain.
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