Compromise Senate Tax Bill Clears House Plan For 1920s
The compromise tax bill, agreed by Republicans and Democrats, heads to the Senate. It sets normal rates of 14 12 percent on the first 4 000 of income, 3 percent on 4 000 to 8 000, and 5 percent over 8 000, with $1 500 exemption for singles and $3 500 for married couples. A 25 percent earned-income reduction under 20 000 applies, plus a progressive surtax starting at 1 percent on 10 000 up to 20 percent at 100 000. Rates between 26 000 and 60 000 were reduced by the Senate committee, repeals estate and gift taxes, and adopts 1921 rates for estates of the dead. Page 2 continues.
MENTIONED IN THIS ARTICLE
Washington
Senate
Senate Committee
House
France industry shows progress despite debt talks
Washington January 18 French industry and agriculture posted notable 1925 gains with production ahead of prewar levels and overall activity described as continuing good. The report from American Commercial Attache Chester L Jones suggests France cannot secure debt terms better than those offered to former Minister Calliaux. A new French ambassador, handling debt negotiations, is expected to meet Secretary Mellon soon after credentials are presented.
MENTIONED IN THIS ARTICLE
Washington
Berenger
Department of Commerce
France
Chester L. Jones
Calliaux
Treasury
Mellon
Woman Describes Desert Lands At Meeting Of Forum
Mrs. Perkins compares Mohave desert to the Sahara, noting Mohave’s rugged, mined landscape versus Sahara’s vast, level sands. She travels with Mrs. Edward Jordan of Cleveland and hints at continuing to the Sahara after their western trip.
MENTIONED IN THIS ARTICLE
U. S
Mohave
Desert
Sahara
East
United States
Perkins
Edward
Jordan
Cleveland
West
No. 1
Prohibition Aid to Prosperity Seen by Senator
Prohibition is praised as boosting national income and savings. Irving Fisher of Yale estimates 5 billion dollars added to income, Richard Boeckel cites 1 billion saved by workers yearly, and federal data show rising savings deposits. Insurance reports reflect faster growth since prohibition began as support for enforcement and broader adoption.
MENTIONED IN THIS ARTICLE
Irving Fisher
Yale
United States
Richard Boeckel
Federal Reserve Board
American Firms Buy Welsh Anthracite Coal in Large Orders
London reports a surge in Welsh anthracite coal orders from American firms. The Westminster Gazette notes the British coal industry may recover from its slump if the American strike continues. Exports over the weekend reach 22,006 tons.
MENTIONED IN THIS ARTICLE
London
Westminster Gazette
Bulgarian schools mark U.S. Prohibition anniversary
Sofia sources report January 18 events ordered by the Bulgarian minister of education to be observed in all Bulgarian schools, celebrating the anniversary of American prohibition.
MENTIONED IN THIS ARTICLE
I Belgarian
U.S
Sofia
Five Men Loot Albany Jewelry Store in Stampede Robbery
Five men gagged the night watchman and handcuffed Bull to a post in the cellar before ransacking the Van Heusen Charles Company Jewelry store in Albany. Loot estimated between 60000 and 100000, one of the city’s largest heists, discovered when a clerk opened the store. The interior was wrecked, vault Brown Open imported rugs and costly items went missing amid the chaos. Continued on page 2.
MENTIONED IN THIS ARTICLE
Albany
van Heusen Charles Company
Thous- No. 5
Speaker Urges Farmers to Cooperate at Lorain County Meet
C. H. Hanby special Farm Bureau organizer urged farmers to unite to solve common problems at the Lorain County Farm Bureau annual meeting held Saturday afternoon at the Methodist church. About 400 from across the county attended. He said the Farm Bureau exists for farmers and emphasized cooperative selling as a duty and privilege. He noted that merchants and bankers now view cooperative marketing favorably and cited livestock yard ownership in Cleveland, Buffalo, Pittsburgh, Cincinnati, with Toledo yards opening this week as proof that farmers are solving their problems.
MENTIONED IN THIS ARTICLE
Hanbey
Farm Bureau
Ohio
Michigan
Lorain County
Cleveland
Buffalo
Pittsburgh
Cincinnati
Toledo
Thieves Loot Methodist Church in Gallipolis
Thieves broke into the Methodist Episcopal church at Old Town near Gallipolis early today, removing chairs rugs and the altar Bible before fleeing in a automobile.
MENTIONED IN THIS ARTICLE
Gallipolis
Methodist Episcopal Church
Oldtown
Here
Synthetic rubber from refuse discovered by Harry Culmer
Chicago chemist Harry M. Culmer reports a new synthetic rubber derived from refuse from oil refineries, garbage plants, soap works and turpentine distilleries. He notes about 180 million pounds of natural rubber are destroyed yearly as by products of the oil industry.
MENTIONED IN THIS ARTICLE
Harry M. Culmer
Chicago
Retired detective John Poppe dies after years of injury
Cincinnati Ohio January 78 John Poppe, 69, a retired detective lieutenant and Medal of Honor recipient, will be laid to rest after injuries from sixteen years ago that followed his act saving passengers on a runaway street car. His bravery aided a company surrounded by Indians when ammunition ran out, enabling a retreat to freedom.
MENTIONED IN THIS ARTICLE
Cincinnati
John Poppe
Leutenant
Poppe
British Treasury Faces Large Deficit Amid Tax Fears
London report notes a projected April deficit of 100 to 150 million dollars for the British exchequer, with total treasury shortfall over half a billion. Chancellor Winston Churchill hopes income tax and other revenues in the coming months to narrow the gap, while fears of tax increases grow. Possible use of standing funds to wipe the deficit is discussed, with opposition to such actions.
MENTIONED IN THIS ARTICLE
London
Atlantic
United States
Winston Churchill
Treasury
Baldwin
Bill would apply all U S laws to foreign envoys
Senate action would strip foreign diplomats of immunity and enforce U S prohibition laws on all foreigners in the United States. The measure would extend the American Criminal Code to foreign embassies legations and consular offices as it does to American homes.
MENTIONED IN THIS ARTICLE
U.S
Washington
United States
Senate
Cole Blease
South Carolina
Loot Box On School Steps Exposes Lorain Home Burglaries
Jan 18 report says a longtime Lorain burglar returned loot from more than forty robberies and broke into four more homes. The box on a school steps held money, watches, rings, and jewelry valued over 33,000. Police seek clues to the thief while noting three homes yielded nothing and a minister’s house lost $2.75.
MENTIONED IN THIS ARTICLE
Lorain
World Court debate looms as cloture fight grows
In Washington on January 18, supporters and opponents of the World Court clash over possible cloture and American adherence to the court. Senate finance leaders advance a $366 million tax cut while World Court directors plan to limit debate. Irreconcilables vow stiff resistance and may stage an extended obstruction if cloture is invoked, with Borah and Blease signaling lengthy debate on the tax bill.
MENTIONED IN THIS ARTICLE
Washington
Senate
Swanson
International Tribune
Iittle
America
Borah
Idaho
Blease
Young Bandits Hold Up Bank at Franklin Park
Four young bandits robbed the Franklin Park state bank shortly after opening. They forced five employees into a vault and escaped with about $14,000 in gold silver and cash. Cashier William H. Schewe confronted a robber at the office threshold, then telephoned police as the suspects fled in a car vanishing into the mist.
MENTIONED IN THIS ARTICLE
Franklin Park, H
Franklin Park State Bank
Two Killed in Car Plunge Near Cincinnati
A car on a road near Cincinnati plunged over an eight foot embankment, killing Burl Richards 28 and Bud Ellis 19 of Elmwood Place. Injured were Robert Payne and Willem C. Hardin 33 of Carthage. No witnesses. cause unknown as victims were found unconscious.
MENTIONED IN THIS ARTICLE
Cincinnati
Burl Richards
Bud Ellis
Elmwood Place
Robert Payne
Wars Wid
Willem C. Hardin
Carthage
Richards
Ellis
Payne
Hardin
Charge Woman With Murder Of Daughter
In Sandusky Ohio on January 18 a murder trial for Mrs. Mary Keller began. Six jurors were seated from the first ten veniremen with peremptory challenges to go. The case centers on the death of Fay Elizabeth Keller, seven, whose body was found in a remote cabin. Mrs Keller had earlier admitted killing the girl claiming the child had no chance, then pleaded not guilty.
Akron minister's widow faces police grilling in Ohio case
East Liverpool widow Laura E Christy 48, accused of poisoning her seventh husband Rev William Christy and linked to ten deaths of five former husbands. Police seek full confession as prosecutors review lunacy commission to test her sanity. Names include Jesua Sears George Liverpool Charita O'Neill Jobat Ebert and Frederick Harmon. Christy’s funeral occurred in Akron as authorities pursue answers.
MENTIONED IN THIS ARTICLE
East Liverpool
Tan
Laura E. Christy
William Christy
United Christian Missionary Association
Christy
Akron
Columbiana County
Lisbon
Robert M. Brooks
Hugh McDermott
Brooks
McDersmott
Charles Whippler
Whippler
Steubeville
Jesua Sears
George
Liverpool
Charita O'Neill
Cincianati
Jobat Ebert
Newell
W. Va
Frederick Harmon
Athens
N.Y
Lens
Ebert
Harmon
Three Die in Canary Islands Storm Weekend Toll
London reports three people killed and several injured as a storm sweeps the Canary Islands over the weekend. Abnormal winter weather continues in England causing hardship in poor districts. Coal distribution is disrupted and yards are besieged by freezing households.
MENTIONED IN THIS ARTICLE
London
Canary Islands
Las Palmas
Evening News
England
Nine Die In Explosion At German Soap Factory
Berlin January 18 Nine persons are dead and several injured after an explosion at a soap factory likely caused by ignited gasoline stored in the basement. Residents report wrecked houses, shattered windows up to a mile away, and fears that more may be buried in the debris. A pedestrian was killed by a flying brick and a taxi parked nearby was driven into a wall, leaving the scene in ruins.
MENTIONED IN THIS ARTICLE
Berlin
U.S. A. Is Given Clean Slate Bulletin
A terse note records that the U.S. A. receives a clean slate, mentioning instructors involved and a formal bulletin dated January 18. The fragment hints at an official evaluation or administrative decision with minimal context and unclear specifics.
Also Mentioned on This Page
Emma Rosary
Metropolitan Opera
Vienna
Thug
Methodist Church
Brookes
Olumbub