War Profits and Incomes Basis of Senate Taxation
Washington Aug 6 The war tax bill was reported to the Senate revised by the Finance Committee to meet the estimates for war expenditures. It proposes 2 006 070 000. The majority report by Senator Simmons argues for broad-based, flexible taxation focused on income and war profits with other levies. A substitute report and bill are expected from Senator La Follette with potential separate reports by Senators Gore and Thomas. The plan aims to distribute burdens equitably while avoiding harm to enterprise and future war needs. It calls for elimination of Lenroot surtaxes on incomes over 40000 and argues against retroactive 1916 income taxes as morally and economically unsound. The proposal includes a graduated war profits tax on individuals and corporations, a high but adjustable income tax, taxes on liquor and tobacco, and moderate excise taxes. It also discusses taxes on patents, trademarks, and corporate stock valuations to close evasion gaps, plus a one cent parcel post tax and a moderate auto and motorcycle gross tax with potential owner excise. The report defends reducing taxes on video theatres and some sales taxes for manufacturers, while maintaining stamp taxes and a new one cent bank check tax over five dollars. (Continued on Page 2.)
MENTIONED IN THIS ARTICLE
Pew
Washington, DC
Senate
Simmons
Senate Committee
Walt
Corporationy
Simmonsales
Post
China to Declare War on Germany and Austria Hungary
Acting President Feng Kuo Chang ordered a cabinet decision to enter the war against Germany and Austria Hungary. Chinese ministers plan a meeting at the foreign office to discuss the declaration, with a formal issue expected next week. Prominent Germans in Peking confer with the Dutch minister to arrange travel to Java. The Spanish minister will take over Austria Hungary interests.
MENTIONED IN THIS ARTICLE
FFE
Ppa
Peking
China
Feng Kuo Chang
Germany
Austrin
Hungary
Java
Pestry
Austria-Hungary
Draft classification slow as boards pick personnel
Early state tallies show few exemptions as boards in Ohio and elsewhere examine draftees. Reports from districts indicate many rejected for physical defects, with about half of examinees likely deemed unfit. Acceptance of one man in five appears possible amid upcoming quota decisions and obedience to draft criteria.
MENTIONED IN THIS ARTICLE
Columbus
Aly
Cotte
Ohio
Mmehink
Treason Charges Planned for Draft Resisters
The district attorney announced that men arrested for conspiring to resist the draft will be tried for treason and face the death penalty. Two deputy stenographers were sent to the district to gather evidence for the case.
MENTIONED IN THIS ARTICLE
Wmy
Anco Titel
Tex Hye Keane
Muskoret
Gov
United States
Wo Py
Meg Nis
McGtinis
Stormeys
German Factory Wiped Out Killing 200 Workers
London reports from a German front correspondent describe a catastrophic explosion at Henningedorf munitions plant. The blast wrecked the factory, killed about 200 people, and caused extensive damage. Police and troops had isolated Henningadorf following the disaster.
MENTIONED IN THIS ARTICLE
Stu
London
Aug. S
Henningedorf
Germany
Henningadorf
Oil ARI TO BE DESIGNATED 7tH DIVISION
Oil ARI TO BE DESIGNATED 7th DIVISION. Units of the Otto National Gourd reality to be drafted into federal service for the flag. Wat Avey will overlook the view by night. The outpost company of the signal corps Toledo and artillery units will form the new division, with details to be announced by the War Department.
MENTIONED IN THIS ARTICLE
Ale
Julius A. Penn
Elgnal Corps
Toledo
Fret Feild Artillery
Hellefoniaing
Diyvielon Stall
Otlo
War Department
Girard
Central Figure in Fight Succeeds Hurley Appointment
In Washington Aug 6 Thomas Dy Jones of Chicago, a figure connected to Breviors Man and cap fault, faces a disputed federal reserve nomination rejected after a vulnerable Nett. An appointed tartubod at tie ex porte ulmintereative Went to title end Eilat No Hurley whose career centers on the export administrative hoard and supply neutrality amid tensions over Germany.
MENTIONED IN THIS ARTICLE
Hauert
Washington
Thoms Dy Jones
Chicago
Federal Reserve
Eilat
Germany
Kerengky's Cabinet Nearing Completion
In Petrograd on a date in August the Hemocrats discuss forming the new ministry as Kerennicy's cabinet nears full composition. Ten participants have agreed to join, with the rest of the names to be announced as talks finalize.
MENTIONED IN THIS ARTICLE
Hannert Petrograd
Gom. Kerennicy
Momen
Sub scare shuts up New York port
A report of a U boat sighting near transatlantic lanes led to a six hour closure of the harbor gate at New York. The gate was reopened after authorities received a preliminary naval briefing and began an investigation into the sighting.
MENTIONED IN THIS ARTICLE
N.Y
New York
War Department
Washington
Tran
Doug
Ohio coal prices may be put below Washington terms
Attorney General McGhee announced authorities may force coal prices below the Washington June agreement between boat operators and the Council of National Defense. He called the Washington terms exorbitant and invalid without government approval, responding to a Reductions complaint from the Great Northern association and its pledge to seek government help to lower coal prices.
MENTIONED IN THIS ARTICLE
Ohio
Washington
Lily
Columbus
Council of National Defense
McGhee
Declan
Ie Great Taurton Association
Sasociation Holts
Cval
Hope to Pass Food Bill by Wednesday
In this article the administration aims to push a food bill through the Senate by Wednesday amid a bitter fight led by Senator Reed of Mississippi. Officials hope the measure will reach President Wilson for signature before week’s end.
MENTIONED IN THIS ARTICLE
Woahielon
Tigentfervice
Senate
Reed
Wilvun
Socialist Meet Set For Sept 9
Stockholm reports the international Socialist conference date fixed for September in this city. The announcement notes the event will be hosted as part of the current campaign and identifies expected delegates and organizers.
MENTIONED IN THIS ARTICLE
Stockholm
Allied Ground 3 Holds Near Holledeke Front
British defense remains firm as German attacks near Holledeke and West Hook fail to dislodge forces. Paris reports steady German activity on the Pianders Boville fronts. Berlin claims strong British counterattacks repulsed along the Ypres Steain road and the Lye. Romany bulletin notes Italian advances near Boscomalo on the Julian front.
MENTIONED IN THIS ARTICLE
Proes Megurtay
London
Holledeke
West Hook
Pianders
Boville
Paris
Berlin
Flanders
Ypres Steain
Lye
Romy Telly
Ines
Julian Front
Boscomalo
Wrong Man Shot as Draft Plotters Surround Officers
In Holdenville Oklahoma a band of 26 men alleged as Working Class union draft resisters surrounded by officers in brush eight miles south. J. F. Moose of Okemah was shot early today after he refused a guard line order to stop his car while on route to McAllister for examination for entrance into the second officers reserve training camp.
MENTIONED IN THIS ARTICLE
Br Associated Press
Holdenville
Okla
Here
J. F. Moose
Okemah
McAllister
Zimmerman and cabinet members resign in Berlin
Official notice from Berlin reports five state ministers resign including Foreign Secretary Zimmerman and four secretaries of state such as Finance Minister Lentze and Interior Minister von Leg dell. Dr Richard von Kuehlmann becomes secretary of foreign affairs succeeding Zimmerman. Treenails, or tunnels, used to fasten woolen items need about 40 000 pins per typical shipment.
MENTIONED IN THIS ARTICLE
Berlin
Zimmerman
Lentze
von Legdell
Richard von Kuehlmann
Turkey
Also Mentioned on This Page
Cauleman Simmons
Latollette
Gore
Thomas
Oil Ari
Hurley
Kerengky
Allied Ground 3
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