Hoover Proposes Flexible Tax Plan for Congress
Washington Nov 16 Treasury proposes a flexible year end method to set individual and corporate income levies by a December joint resolution. The plan allows immediate use of any non recurring surplus from temporary revenue increases, with rates for the coming year payable in fall. Secretary Mills says it adds flexibility and lets taxpayers share in surpluses, avoiding 18 month ahead estimates.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Congress
Hoover
Flexible tax plan eyed to pace future reductions
The plan ties tax cuts to available surplus, allowing prompt reductions whenever surpluses arise. Since World War I recurring surpluses have driven tax cuts in successive years, but the administration argues a flexible system offers the best option. If next year warrants, the treasury could extend or cut back the 1930 income tax reduction accordingly.
MENTIONED IN THIS ARTICLE
Mill
Mills
Treasury
Babson Talks Investment Strategy In Changing Conditions
Babson Park Mass Nov 15 The successful investor guides policies by fundamental economic trends not by crowd behavior. He sees always opportunities and leverages shifting conditions to strengthen positions. Today the outstanding opportunity is in the market for rising value and prudent diversification.
MENTIONED IN THIS ARTICLE
Babson Park, Mass
Bonds Offer Safety and High Yields Amid Market Shifts
The article argues that investors are shifting from common stocks to bonds as a safe, income yielding option. It notes rising buying opportunities in high yield bonds, potential price appreciation, and mergers strengthening junior mortgages. Emphasis is placed on discrimination to avoid inferior issues and the lasting value of bond claims.
MENTIONED IN THIS ARTICLE
Sues
Costago
Babson
Wilmot Printing Co Birth and Wedding Announcements
Printing and wedding announcements with wedding invites and calling cards for Miss Mrs and Mr. Commercial printing of all kinds offered by Wilmot Printing Co.
Portland theatre taps artesian wells for cool water supply
A Portland theatre drilled artesian wells 150 feet deep to tap subterranean lakes, yielding a steady fifty two degree water. On a cold night a sentry glimpsed a returning soldier at a distance and challenged, Who goes there.
MENTIONED IN THIS ARTICLE
Nature
Reforestation project targets Cuba with 1,000,000 trees
A new program plans annual planting of one million cedar trees and thousands of valuable hardwoods to restore forests in Cuba.
MENTIONED IN THIS ARTICLE
Cuba
Ohio Clay Industry Shows Steady Growth in Five Years
A Columbus report from November 15 notes Ohio's clay industry expanded over the past five years with wages rising from $20,844,971 in 1923 to $40,577,576 in 1928 across 377 establishments. Pay ranged up to about $25 per week, with rotoriey workers more prevalent than before.
MENTIONED IN THIS ARTICLE
Ohio
Columbus
George F. Miles
State Division of Labor Statistics
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