High Excise Taxes On Furs Jewelry and Liquor Continue
President Truman backs tax recommendations while Republicans hold line on cutting individual income taxes and extending high excise taxes on furs jewelry liquor and luxury goods. The move would keep 1943 increases in place, raising about 1.5 trillion in yearly revenue to help retire the public debt. Congressional actors debate extensions, anti merger rules, sugar rates, and budgetary timing amid industry and consumer concerns.
MENTIONED IN THIS ARTICLE
Washington
Congress
Truman
Harald Knutson
FR. Minn
Mouse Ways and Meats Committee
J. Ben
Worner Capehart
Tad
Senate Dudierry
Senate Republicans
Democris
Italy to Receive Economic Aid From U S and UNRRA
Italian Premier De Gasperi flew to Rome to seek assurances of American economic aid to curb Communist influence. A U S State Department request redirected six Army ships loaded with wheat from German to Italian ports for UNRRA relief amid acute distress in Italy.
MENTIONED IN THIS ARTICLE
Aled de Gasperi
Rome
de Gasperi
Wace Department
Alkali Company Plans Move to Mayfield Heights
Diamond Alkali Co. announced it will relocate its headquarters from Pittsburgh to Mayfield Heights, a Cleveland suburb, to integrate its diversified operations as a $20,000,000 expansion program proceeds.
MENTIONED IN THIS ARTICLE
Pittsburgh
Diamond Alkali Co
Mayfield “Heights
Cleveland
Painesville plant site to house new admin and lab
An 11 acre tract is to be purchased with 18 tiles from the main plant at Painesville Ohio. An administration office and a research and development laboratory will be built at a cost of about 2 million dollars. The company expects to move in March or April 1948. Diamond was founded in Pittsburgh in 190? China now has scientists who are experts on atomic energy.
MENTIONED IN THIS ARTICLE
Painesville
Diamond
Pittaburgh
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Kamm
Senate War Investigating Committee
Small Business Committee
Walter G. Andrews
R, N.Y
House Armed Services Committee
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Clifford R. Hope
R. Kans
House Agriculture Committee
Robert A. Grant
Ind
Ways and Meats
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Grant
Mrutson
Kuutsen
Skroehler, Pullman, Fenske, Sealy, and
House OF Morgan
SEALY
DURAN
Pullman
Rogard
West Broad ST
Kroger's
Italy
Alkali Co
Mayfield Heights
China
Hamal
Figure News
Broad ST
Grant Co
Dan SS
Culligan
Culligan Soft Water Service OF
Lake Ave. Coal Co
Lake Ave
PHE Savings Deposit Bank
Ny Piers
Mater Federal Reserve System Member
Federal Depons Insurance Corporation