Senate Votes Drastic War Profit Curbs
The Senate approved tax legislation to raise about $1.1 billion yearly by cutting income exemptions and raising excise and corporate taxes. It added an immediate profits tax on corporations subject to a war declaration and faced opposition from LaFollette and administration supporters. The measure would create 2,190,000 new taxpayers, raise the debt limit to $49 billion, and fund defense bonds over five years, with tobacco taxes largely removed.
MENTIONED IN THIS ARTICLE
Chamber
House
Senate
Connally Ibvea
Connally
House Committee
LaFollette
LaFoliette
Ieu
Harrison
D-Miss
Finance Committee
E.C.T
Austin
Vermont
Gurney
South Dakota
Hale
Maine
Taft
Ohio
Lundeen
Minnesota
Farmer-Laborite
Congress
Ashurst D-Ariz
Barkley
Ashurst
Taxation Proposals Raise Rates and Exemptions in 1920s Revenues
Cabinet rebukes set a new amusement tax schedule 10 percent on admissions 10 cents or more. Proposals seek La Follette and Connally amendments shifting corporate and individual taxes with exemptions 3 000 plus eight percent invested capital and raised normal corporate taxes. Senate adds liquor tax hikes and higher beer and gallonage levies.
MENTIONED IN THIS ARTICLE
Connally Wor
Bone D-Wash
Senate
Canada’s Volunteer Guard Reaches Ten Thousand Enrollees
Toronto officials report enrollment in the provincially sponsored volunteer civil guard has reached 10,000 and continues despite the Federal Government’s conscription legislation.
MENTIONED IN THIS ARTICLE
Canada
Toronto
Ont
French Plan Refugee Rule From Exile
A possible French government in exile might be formed to continue the war with French forces, opposing Petain and arguing the peace cabinet never won a confidence vote. Reports note continued French naval and air activity and speculation about Tunisia as a new base for resistance.
MENTIONED IN THIS ARTICLE
London
France
Petain
Philippe Petain
Bordeaux
Madrid
Morocco
Balearic Islands
Valencia
French North Africa
Almeria
U. S. Army
Washington
Tunisia
North Africa
New York Times
Earl of Alhione
Canada
Halifax
Jeanne d’Arc
Bouval
Hitler
Germany
Marines Ready to Embark on Two Hours Notice
At Quantico the 2,400 Marines stand prepared to depart on two hours notice if European war developments threaten French island possessions in the western hemisphere. A staff conversation reveals commanders discussing packed plans and readiness details.
MENTIONED IN THIS ARTICLE
Quantico
United States
France
Marine Corps
Marines Ready for Instant Action at Quantico Post
Marines at Quantico maintain a ready expeditionary force capable of immediate deployment if ordered by the President. Timetables exist for moving to Norfolk and transporting troops, ships, aircraft, and tanks to any Western Hemisphere point. European war boosts morale as veterans note Marines practice bayonets and field maneuvers, dismissing blitzkrieg as a terror.
MENTIONED IN THIS ARTICLE
United States
Quantico
Norfolk
Marine Corps
Western Hemisphere
Europe
Man Refuses Hoist Ride in Kansas Fire Rescue
In Kanopolis Kansas on June 20 Robert Johanson 60 working in a water well hole refused to ride the hoist to safety as fire broke out. Firefighters secured the area and moved others to safety with equipment. Johanson's condition was not disclosed in the brief report.
MENTIONED IN THIS ARTICLE
Kanopolis
Kan
Robert Johanson
Also Mentioned on This Page
U. S
General de Gaulle
Aeron
Permanent Wave Corp
West Adams
French Plan
Spratr ET Nebabe
Gary Gans
Ol Boveswr
Samii Oo
Colgate
SKOL
Soed
Colgate Dental Cream
Tampax
Kotex
ABE
Zzee
Kotex Pte
Rome
Salina
Onondaga
Salina Loew Bldg
Dundee
Warren Cor. E. Fayette
Crookes
Probak Jr
Yardley Row
Yardley
Battle Creek Sanitarium
Health Foods
Liggett's
Liggett’s
Liggett
Chess Personal
Ligget’s
St Phillips
Staal
Ots Woodbury’s
Si Absorbine Jr
Molle
Sin Lyon
Phillips
Ise Squibb
Eduan
EPSOM
Pablum
Bell Aas Tailors
Seidlitz
Malin
Fog
Ays