Senators Told Of Tax Source Worth Billion
Senate finance committee heard that taxing currently exempt groups could raise about 1.18 billion dollars in annual revenue. Ralph E. Burgess of the National Tax Equality Association cited sources including banks, mutual financial institutions, mutual fire and casualty insurers, farm and consumer cooperatives, and government corporations. He urged taxing government corporations despite shifts in funds between pockets of government.
MENTIONED IN THIS ARTICLE
Washington
Senate Finance Committee
Ralph E. Burgess
New York
National Tax Equality Association
Burgess
Commodity Marketing Corp
U. S
Treasury Officials Admit Understatement by Co Op Profits
A treasury official said officials accepted understated figures and profits reported by cooperatives, implying approval of deceptive earnings practices. The remarks suggest financial manipulation within cooperative groups and raise questions about oversight and accuracy of reported profits.
MENTIONED IN THIS ARTICLE
Treasury
Jurors Form Informal Club In Omaha Court
In Omaha Judge Carol O. Stauffer notes twelve former jurors have formed a "jury club" since serving, eight men and four women. One juror hosted a steak dinner for the group at his home, highlighting their camaraderie after duty.
MENTIONED IN THIS ARTICLE
Omaha
Neb
Carol O. Stauffer
U S Canada Cooperation Chapman Urges North Development
Secretary of the Interior Chapman called for joint development of the Far North by the United States and Canada. He cited Alaska's multi billion dollar potential and the Yukon and northern British Columbia regions as capable of supporting up to 6 million people with rich mineral wealth and nearby markets for Alaskan products. The report urged federal leadership and international cooperation for resource utilization and regional welfare.
MENTIONED IN THIS ARTICLE
Ashington
Secretary of the Interior
Chapman
Far North
United States
Canada
Alaska
Truman
Budget Bureau
Agriculture and Commerce Departments
Yukon Territory
British Columbia
Huber Ayres contest heard by house committee
The Huber Ayres election contest faces a July 25 hearing before the House elections subcommittee chaired by Rep Burleson of Texas. Former Rep Walter B Huber of Akron challenges Rep William H Ayres seat after Ayres won by 1921 votes in a three candidate race.
MENTIONED IN THIS ARTICLE
Washington
Huber
Robert G. Brenneman
Ohio
Friden unveils thinking machine in office gear
San Leandro California Friden Calculating Machine Co introduces a new thinking machine that can extract square roots of numbers up to a billion in nine seconds without mathematical tables. It joins the firm’s lineup of office equipment and promises rapid computation.
MENTIONED IN THIS ARTICLE
San Leandro
Calif
Friden Calculating Machine Co
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