Clark Pension Amendment Sparks Battle in Senate
Washington report notes the Clark amendment exempting private pension systems from new taxes drew fierce debate. The Senate approved the measure 76 to 6 and sent the bill to a conference to resolve amendments. The plan envisages large federal tax outlays and phased employer and employee taxes beginning 1937, with benefits for aged and dependent persons and states shaping policy.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Congress
Senate
Clark
Supreme Court
Treasury
Holt Sworn Office Challenge Sparks Senate Debate
Senator elect Holt of West Virginia offered himself for the oath in the Senate but was challenged by Republican Leader McNary over his age not yet 30 at election. The elections committee recommended Holt be seated while Hastings moved to declare the election void. Holt turned 30 yesterday.
MENTIONED IN THIS ARTICLE
Washington
Holt
D-W Va
Senate
McNary
George
Elections Committee
Hastings
R-Del
Huey Happy at Tax Proposals
Senator Long praises President Roosevelt tax message while urging action to bust up big fortunes. He warns the public about disclosures involving gifts to the Astors and associates and predicts a shift away from decentralizing wealth. Long vows to aid passage of the tax measures in Congress.
MENTIONED IN THIS ARTICLE
Washington
Long
D-La
Roosevelt
America
Mitchell
Mr. Roosevelt
Astors
Congress
Produce Merchant Is Shot to Death
Nicholas J. Imperato a 39 year old produce merchant of the Bronx terminal market was found shot to death today in a vacant lot opposite his home. Two bullets entered his head at close range. Detectives studied whether the killing was tied to gangs terrorizing Bronx public market merchants.
MENTIONED IN THIS ARTICLE
New York
Nicholas J. Imperato
Bronx Terminal
John McKilhargy
Imperato
N. J. Imperato, Inc
Bronx
Historical charge echoed at Idaho Republican gathering
R H Young of Parma told a southwestern Idaho Republicans meeting in Weiser that the present national administration bears many charges similar to those leveled at King George in the Declaration of Independence. He cited judicial independence erosion and the creation of a multi- government.
Grievances Against Government Echoed By Speaker
The speaker quoted colonial complaints against King George and stated similar grievances apply to President Roosevelt. Boise editor H. H. Miller reviewed the last Legislature while W. D. Gillis led arrangements and Oliver J. Smith of Weiser chaired the county central committee.
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King George
Roosevelt
Young
H. H. Miller
Boise
W. D. Gillis
Oliver J. Smith
Weiser
Washington County Central Committee
Fat returns Chicago marriage romance ends in missing funds
Henry Steger seeks help after his fiancée Hanny Strobel vanished with $5,000 in savings and $2,500 in his safety deposit box. He claimed she promised 50 percent earnings from an investment and that they planned to marry, but both she and the money disappeared.
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Chicago
Henry Steger
Hanny
Henry
Hanny Strobel
Henny
Bank of France cuts discount rate to ease tight money market
Paris on June 20 reports the Bank of France reducing its discount rate from 6 percent to 5 percent. The bank had raised rates three times in May amid cabinet turmoil and a gold withdrawal surge totaling 1.054 billion francs in a single week.
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Paris
Bank of France
Waley earning powers shown in Weyerhaeuser case
Tacoma report outlines Harmon M Waley income from odd jobs totaling 223.55 over 13 months before his claimed role in the 200000 Weyerhaeuser ransom bid. Details cover his April filing, Salt Lake City residence, travels, the 1934 trip, and eventual arrest after the ransom exposure and cashing of bills in Salt Lake City stores.
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Tacoma
Harmon M. Waley
Weyerhaeuser
Waley
Garfield Davis
Salt Lake City
George Weyerhaeuser
Griffin Fuel Company
R. V. Dougherty
Suanaway
Waleyos
Camden
N. J
Cliff Osborne
Waley’s
Bruno Richard Hauptmann
Federal Transient Bureau
Treasury to offer $100 million 3 percent bonds next Monday
The treasury will offer on Monday a $100,000,000 issue of 1945-48 3 percent bonds to be sold on a highest bid basis. The new loan indicates a gross national debt of about $28,800,000,000 on June 30.
MENTIONED IN THIS ARTICLE
Washington
Treasury
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