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Newspaper
The Peoples Voice
Location
Cincinnati, Ohio, United States of America
Date
Dec 24, 1935
Page
8
Herbert Bigelow argues against the sales tax shift from real estate and urges restoring real estate taxation to 15 mills. He criticizes hidden influences in the tax race and offers support for initiative efforts. He praises organized labor’s potential if it adopts straight thinking and contends conservatives oppose needed progress.
The New York Sun reports American life insurance companies wrote 14.5 billion dollars of new policies in 1935, lifting in force to over 100 billion. Policyholders under the Association of Life Insurance Presidents reach 63 million, with 2.6 billion dollars disbursed this year including 900 million for death claims and other benefits. Assets total 23.2 billion, up 33 percent since the low mood years, including 5.7 billion in gains since 1929 and 1.25 billion added this year. Mortgage holdings were reduced by 32 billion since 1932, though real estate holdings near 2 billion now rise via foreclosures. Death rates fell 3 percent from 1934, suggesting 34,000 fewer deaths if applied to the entire population.
The guide warns to firmly set trees in sturdy stands away from stoves and gas lights. Use non combustible decorations like metal tinsel or powdered mica and avoid tissue paper or cotton. Spotlight to illuminate is safer than candles and dry trees must be removed promptly to prevent fires.
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