Congress Revises War Revenue Bill With New Graduated Taxes
Conferees finalize the war revenue bill raising to about 2.7 billion dollars and adopt a graduated profits tax from 7 to 9 percent. The plan includes adjusted invested capital definitions and intangible assets like goodwill and patents, plus postal, railroad, and inheritance tax provisions effective on passage.
MENTIONED IN THIS ARTICLE
Washington
Senate
Sitmans
Hefence Finance Commiittee
House
New War Taxes Set by Senate and House Reaches Big Revenue
Washington reports a wartime revenue package totaling about 2.606 billion dollars after Senate and House conferees agreed. It increases taxes on liquor beer wines tobacco cigars cigarettes amusements and nonalcoholic beverages, adds exemptions for corporations and individuals, and includes a 10 percent tax on undistributed corporate surplus with a 5 percent penalty for idle funds.
MENTIONED IN THIS ARTICLE
Washington
House
Senate
Virgin Island
Garfield fixes coal prices with new retail margins
Washington announces effective regulations to control retail prices of bituminous and anthracite coal nationwide. The Fuel Administration sets a fixed gross margin cap for 1917, allowing dealers to add up to 80 percent of the 1915 gross margin, with limits tied to 1916 production as the baseline.
MENTIONED IN THIS ARTICLE
Washington
Garfield
Fuch
Colonel House to Gather Data for Postwar Policy
Col House will assemble a corps of experts to compile historical geographic economic and political information to guide U S peace policy. He will work independently of diplomatic channels with no salary or title and focus on broad global conditions without probing current negotiation stances.
MENTIONED IN THIS ARTICLE
New Yorki
Wilson
Bus
Gal Bo
Anik Nno
Hyiee
Doctor Viney
Touse
House
United States
Lord Northcliffe
American Bankery Association
Atlantic City
America
State Department
Department
Coronel House
Mouse
Tle
Wit State Department
France
Elomades
Heise
Americin
Shire
Germany
Laa
Great Britain
Russia
Italy
Austria-Hungary
Colonel House
Houses
State Department Reveals Telegrams on German Loan Plot
The state department produced telegrams showing a $1,700,000 loan arranged by German officials to influence press coverage and peace efforts in enemy countries. Documents reference intermediaries, secret communications, and plans to involve New York financiers, with notes on Russia and France cases and ongoing investigations.
MENTIONED IN THIS ARTICLE
State Department
Washigton
Himnee
Cine
Berlin
von Bernsteril
Ternstert
Gottliel’ von Togow
Kebruntry
New York
Secur
Atequest
Telegimin
Diermany
Russia
Deutsche Bank
Hugo Schmidt
Bernstoree
Berne
Bin
Sancy Regis
Foreign Office
Intermedhny
Drrnstorer
Regation
Balu
Balo
United States
Mexico Drafts Americans Rumored in Border Disturbance
Reports from Brownsville indicate movement by Mexicans in Nuevo Leon and Tamaulipas led by Loriirlo Gongalas with active rebels in the Alilamus district. Rumors claim hundreds of army deserters in Matamoros will be drafted into Gal. Tirso Gongines's forces due to troop shortages, with plans to naturalize as Mexican citizens upon leaving the United States.
MENTIONED IN THIS ARTICLE
Jrawnaville
Tex
Brownsville
Nuevo Leon-Tamautipas
Loriirlo Gongalas
Alilamus
Matamoros
United States
Gal
Tirso Gongines
Mexico
Tt Was
Hiey
Finland Senate drafts bill for separation from Russia
Reports state the Finnish senate has drafted a bill to definitively separate Finland from Russia. The Vine newspaper Vethhorni Vremya had alleged the plan but details remain unclear and no action has been taken yet.
MENTIONED IN THIS ARTICLE
Helsingfors
Det
Pfintiati Senate
Finland
Vinenish
Vethhorni Vremya
Also Mentioned on This Page
Gongregs
The
Counula
Col. House
Philadelphia Public Ledger
Great Britelo
Austria
Prussia
Napoleon A
Prince Tilleyrlant
Vienoa
Dasleyrand
Europe
Prince Valleyrand
Wurspe
Congress of
Viet
Talleyrant
Shaw
Lansing
Hugo
Garranza Army
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