Profits Law Understood By Very Few
The article explains the complex excess profits tax rules including carrybacks and carryovers as applied to U.S. Steel. It discusses how postwar refunds affect 1942 taxes and argues the law benefits large corporations by enabling refunds to fund severance pay and wage increases.
MENTIONED IN THIS ARTICLE
Phil Murray
Co. LO
Steelworkers’ Union
War Labor Board
U. S. Steel Corporation
Steel Corporation
U. & Treasury
U. S. Steel
Murray
Romania Seeks Honorable Peace Mission to Moscow
Ankara reports a Romanian mission led by Vice Premier Mihai Antonescu has left for Moscow to seek an honorable peace and neutral status under Russian control. The group may also press recognition of Romania’s claim to Transylvania while Molotov vowed no territorial designs, as Soviet advances and Allied bombings continue.
MENTIONED IN THIS ARTICLE
Ankara
Balkan
Turkey
Moscow
London Daily Express
London
Romania
Russia
United Nations
Express
Transylvania
Hungary
Viacheslav M. Molotov
Red Army
Molotov
Bucharest
Ploesti
Rario Bucharest
Ton ‘Antonescu
Moldavian
Moldavia
U. S
Foreign Broadcast Intelligence Service
Plan For Credit Pool To Aid Postwar Industry
St. Louis bankers propose a national industrial credit corporation backed by private funds. A $500 million pool would finance postwar comeback capital for established firms and new ventures, spreading risk across many projects with expert assessment and technical guidance.
MENTIONED IN THIS ARTICLE
Mary Horstmann
St. Louis
INL
Henry J. Kaiser
Herbert F. Boettler
John W. Snyder
First National Bank of St. Louis
Boettler
Auch
Spanish Prince Dies of Auto Accident Injuries
Prince Genero de Bourbon aged 72 died Wednesday at his Villa Mandelieu near Cannes France from injuries in an automobile accident his brother Prince Don Carlos announced. A retired Spanish navy captain he left Spain after the republic was proclaimed in 1931. His widow the Countess de Villa Colli survives.
MENTIONED IN THIS ARTICLE
Sevilla
Spain
Prince Genero de Bourbon
Villa Mandelieu
Cannes
France
Don Carlos
Countess de Villa Colli
Bankers Back Postwar Venture Capital Plan
Bankers and businessmen widely favor a new privately financed corporation to provide venture capital and guarantee loans postwar. The plan, likened to a private Re Construction Finance style, would operate up to 15 years with a 10 year extension for orderly liquidation. If nationwide rollout fails, smaller regional corps could form but stockholder risk would rise.
MENTIONED IN THIS ARTICLE
Reconstruction Finance Corporation
Local Ball Committee Adds Members and Decor Plans
The article notes new members named to the committee on decorations in blue and gold at the Armory. additions include Peter Brown Guy Bull Thomas F Burke Edward P Butler and John B DeMers. A refreshment committee adds James Birch Thomas C Birkby Leon Bouchard Aloysius Bouchey and J Coyne Broderick.
MENTIONED IN THIS ARTICLE
Peter Brown
Guy Bull
Thomas F. Burke
Edward P. Butler
John B. DeMers
Francis T. Reilly
James Birch
Thomas C. Birkby
Leon Bouchard
Aloysius Bouchey
J. Coyne Broderick
William
Also Mentioned on This Page
Peter Edson
Fort Lewis
Joseph S. Tate
Robert E. Lewis
411Th Field Artillery
Fort Lewis, Wash
Snyder
Montgomery Ward
Tibbits
LeGrand C. Guenther
Tibbits Cadets
The
Armory
Birkby
Downling St
Mery Ward
Woodrose
Bureau of Standards
Shoe Department
Menands, N. Y
al A
Hollywood
Albany
Troy
Menands, N
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