Reach Compromise On Tax Reform Capital Gains Get Liberal Treatment
Washington April 23 Administration leaders expect a compromise tax agreement to soothe business leaders and boost Roosevelt recovery funds. Conferees aim to reconcile differences and ready the bill for early next week. The plan preserves undistributed profits tax and liberalizes capital gains with rates 16.5 19 for corporations and 20 10 percent depending on holding period. Gains from less than 18 months face ordinary tax rates. Cushions allow debt retirement deductions and deficit exemptions for struggling corporations.
MENTIONED IN THIS ARTICLE
Washington
Roosevealt
Senate
House
Robert L. Coughton
N. C
Ways and Means Committee
Pat Harrison
D. Miss
Harrison
Roosevelt
Doughton and Harrison
President Roosevelt to Send Monopoly and Tax Messages
President Roosevelt prepared to submit two major messages to Congress next week. The tax exemption note goes to Congress on Monday, followed by long-delayed monopoly recommendations later in the week. He expects a study with possible legislation next year.
MENTIONED IN THIS ARTICLE
Washington
President Roosevelt
Congress
Roosevelt
Mr. Roosevelt
Charleston
S. C
Philadelphia
Atlantic
Elyria Air Mail Cachet Contest Begins Week of May 15
Elyria Chamber of Commerce offices received suggestions for a new air mail cachet to be used on all air mail letters during the May 15 week. Entries are due by Monday night with a $10 prize for the winning cadet suggestion as Elyria prepares for National Air Mail Week observance.
MENTIONED IN THIS ARTICLE
Elyria
Elyria Chamber of Commerce
Germany Awaits U S Decision On Helium Sale
Berlin reports Germans show growing interest and resentment over limits on helium gas for dirigibles as Britain and France may buy military airplanes in the United States. Officials await a final U S decision on helium export to Germany. Dr Hugo Eckener plans to sail to the U S next Thursday to press the matter.
MENTIONED IN THIS ARTICLE
Berlin
Great Britain
France
United States
Germany
Hugo Eckener
Weather Ohio Fair With Light Frost Overnight
The region experiences fair skies with light frost, cooler in the east and milder in the west and north. Tonight the high pressure moves northeast from the Central States toward the lower lake region, with another high over Manitoba. Sunday brings mostly cloudy skies and showers in the northwest area.
MENTIONED IN THIS ARTICLE
Ohio
Central States
Lower Lake Region
Manitoba
Missouri Valley
Arizona
Atlantic
Mississippi
Ohio Valley
Lake Region
G M C Employees Vote To Strike
Flint April 23 union workers in Buick and Chevrolet divisions of General Motors voted overwhelmingly to strike subject to officers' approval. Buick 9 500 yes 2 080 no Chevrolet 6 500 yes 2 015 no. Homer Martin said no washout until contract channels explored. Jack Little accused GM of wage cuts replacing union workers and ignoring seniority clauses.
MENTIONED IN THIS ARTICLE
Flint
Mich
Buick
Chevrolet
General Motors Corporation
Homer Martin
Detroit
James Fortier
Jack Little
General Motors
UAW
See Bumper Crop Production WASHINGTON Report
The Department of Agriculture reported higher farm income and strong Spring crop prospects. Cash farm income in March reached 572 million dollars, up from 487 million in February, about a 15 percent rise. Widespread rains improved soil conditions for Spring plantings across the United States.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture Today
Bureau of Agricultural Economics
United States
Weather Bureau
Confession in Poisoning of Two Brothers in New York
Elizabeth Wagner age 22 confessed after overnight questioning that she poisoned her brothers Henry 21 and Charles 14 with rat poison in orange juice and milk. The brothers died five days earlier and arsenic was found in their organs by City Chemist Thomas Gonsalez. The family heir to a 7500 home will go to survivors if any child dies. District Attorney Edmond Rowan ordered her held on a homicide charge.
MENTIONED IN THIS ARTICLE
New York
Upp
Elizabeth Wagner
Henry
Charles
Thomas Gonsalez
Marie Wagner
August
East River
Edmond Rowan
Chinese Troops Reform Lines Near Linyi Yushan Front
Shanghai dispatches report Chinese forces retreating before a major Japanese offensive and forming a new line in the hills between Linyi and Yushan. Japanese reinforcements reportedly land at Tsingtao as the drive aims to outflank Chinese positions near the Tientsin Nanking and Lung Hai rail corridors.
MENTIONED IN THIS ARTICLE
Shanghai
Linyi
Yushsien
Tsingtao
Hsuchow
Tientsin-Nanking
Lung-Hai
Hutchow
China
Lorain Man Suffers Lacerations in Crash
John Towstick, 56, of Lorain, received lacerations after a collision at Route 20 and LaGrange road. He rode with Mike Towstick, 24, in a car that struck a second vehicle driven by J. M. Randolph, 63, of Elyria, which tipped on its side. Randolph sustained no serious injuries.
MENTIONED IN THIS ARTICLE
John Towstick
Lorain
Elyria Memorial Hospital
Route 20
LaGrange Road
Towstick
Mike Towstick
J. M. Randolph
Elyria
William G. Smith
Chalmer Davidson
125 Women Attend School Of Politics In Lorain County
One hundred twenty five Republican women from twenty three townships met at LaPorte M E Church for an all day School of Politics event. Speakers included Nellie Love Goldie Perry and Catherine Neff Cox as they discussed democracy state issues liquor control and Old Age Pension and the role of women in politics. Luncheon served for 116 guests followed by performances and discussions on rural women while the program continues on page two.
MENTIONED IN THIS ARTICLE
Lorain County
School of Politics
LaPorte M. E. Church
Republican Womens Organization
Nellie Love
Lorain
Goldie Perry
Love
Catherine Neff Cox
Columbus
Cox
Davey
Ohio
Congress
Mae Dramm
Ethel Alexander
Summit County
Max Morgan
Circle No. 1
LaPorte Ladies’ Aid
Lynne Hamlin
Ray Jackson
Robert Lee
C. T. Shepard
H. H. Gregg
Oley Speaks
Kate Vannah
Twenty Charred Bodies Recovered From Keen Mountain Mine
At least 28 miners were confirmed dead after a Keen Mountain coal mine explosion and fire. Rescue teams worked through extreme heat to recover 20 bodies, with 25 more miners believed trapped. The victims were taken to Richlands Funeral Parlor in Virginia.
MENTIONED IN THIS ARTICLE
Hanger
Keen Mountain
Red Jacket Coal Company
Richlands Funeral
Richlands
Here
B. G. Buchanan
McGuire named assistant pastor at St Mary’s Church Cleveland
The Rev George W McGuire newly ordained priest is appointed as assistant pastor at St Marys Church in Cleveland announced by Bishop Joseph Schrembs. He was ordained April 2 and this is his first regular assignment.
MENTIONED IN THIS ARTICLE
George W. McGuire
St. Mary’s Church
Cleveland
Joseph Schrembs
Father McGuire
Edward J. Murphy
St. John’s Cathedral
St. Luke’s Church
Lakewood
Lorain
George Ferencz
St. Emeric’s Church
St. Ladislas Church
Joseph P. Conlon
St John’s Cathedral
St. John's Church
Frost Causes Crops Damage in Lorain County
Lorain County growers report frost last night damaged some vegetable crops while risking injuries to fruit buds. County agricultural extension agent C. J. Hummel had limited details but warned that very low temperatures could injure many fruit buds. A grower noted early blooming strawberries appeared seriously damaged though only about five percent were in bloom. Injury to asparagus tips was also reported.
MENTIONED IN THIS ARTICLE
Lorain
C. J. Hummel
Labor Board Orders Hoover Co to Recognize Union
The National Labor Relations Board ordered Hoover Co of North Canton to recognize the Hoover Employees' Association as a representative for about 1500 workers and to halt actions discouraging union membership in the United Electrical and Radio Workers of America. The company must offer reinstatement to Harley Reikowski, who was discharged after an arrest during the Republic Steel strike in Massillon last July, the board ruled his firing linked to union activity.
MENTIONED IN THIS ARTICLE
Washington
National Labor Relations Board
Hoover Co
North Canton
Hoover Employees’ Association
United Electrical and Radio Workers of America
Harley Reikowski
Republic Steel Co
Massillon
Feiss
Amalgamated Clothing Workers of America
America
Sidney Hillman
United States
Forum on collective bargaining in a democracy at Oberlin
Oberlin College hosted a two day Forum Conference on collective bargaining in a democracy with 250 students and observers listening to leaders from labor and industry. J Warren Madden was to present the government phase while Clinton Golden and Paul Feiss spoke on labor and management roles in industrial democracy.
MENTIONED IN THIS ARTICLE
Oberlin College
King-Bosworth
Oberlin
J. Warren Madden
National Labor Relations Board
Clinton
Golden
Steel Workers Organizing Committee
Pittsburgh
Paul L. Feiss
Joseph and Feiss Company
Cleveland
América
Councils of Industry
Legislative Assemblies
Avon Lake Rehired All Teachers for 1938 39
Avon Lake Board of Education reemployed all teachers for the 1938 39 school year at a meeting last night. High school staff include J J King principal social science Ruth Connor French and mathematics Clayton Maus coach and science Martha Eckert Latin English and mathematics Charles Butler music and social science Gladys Plocher home economics and physical education William Pyson English. Elementary teachers listed as Mrs Albert Walker sixth grade Mleyn Hermann fifth grade Hazel Schriver fourth grade Hazel Richards third grade Agnes Nestrick second grade Edith Diedrich first grade.
MENTIONED IN THIS ARTICLE
Avon Lake
Avon Lake Board of Education
J. J. King
Mildred Crowder
Ruth Connor
Clayton Maus
Martha Eckert
Charles Butler
Gladys Plocher
William Pyson
Albert Walker
Jvleyn, Hermann
Hazel Schriver
Hazel Richards
Agnes Nestrick
Edith Diedrich
Governor Plans Special Session On Poor Relief Program
Governor Davey and legislative leaders reached agreement on a 17 million dollar relief program to be sent to a special session next month. The plan includes local tax authority, bond issuance funded by state taxes, and a 50 50 matching scheme with counties and municipalities. The call will come when leaders confirm bills are ready, likely in early May but not before May 16.
MENTIONED IN THIS ARTICLE
Columbus
Davey
Relief funds studied for Lorain County ahead of May legislature
County Commissioner Edward DeChant said a Monday meeting with a state auditor representative will explore options to raise relief funds to carry Lorain County through until the May state session acts. Officials see possible resources including relief bonds paid from public utility excise tax, estimated at about 15 000 dollars, supplementing monthly state receipts of 10 700 dollars.
MENTIONED IN THIS ARTICLE
Columbus
Edward DeChant
State Auditor’s Department
Lorain County
Havre
DeChant
Auditor's Department
Ernest Holmes
Joseph Q. Petro
Harvey Cheney
Also Mentioned on This Page
U.S
George
Bugs) Moran
Frankie Parker
Frank Quigley
Daniel Kelly
Robert Sexton
Quigley
Kelly
Sexton
Moran
Parker
Chicago
Acme
Joyce Gregg
Bulletin
St. Mary's Church
England
Mr. Golden
Republic Steel Corporation
BABY
Lorain Co. Hatcheries