Truman vetoes tax cut measure amid inflation concerns
President Truman rejects HR 1 the income tax reduction bill arguing it offers dubious benefits and could spur inflation. He cites strong May employment and record individual payments while warning tax cuts now would threaten financial stability and delay needed readjustments. He notes ample liquid funds and no shortage of investment capital.
Truman veto blocks $4B tax cut and Senate override
President Truman vetoed the $4.0 billion tax reduction bill and ruled it unsafe for fiscal policy. Backers said they saw no chance to override in the Senate, while the House would vote on Tuesday. He urged a broader, thorough revision of the tax system.
MENTIONED IN THIS ARTICLE
Washington
Truman
Congress
Senate
House
Rep
Knutson
R-Minn
Ways and Means Committee
Franklin D. Roosevelt
Welfare Bill May Be Signed
Phoenix June 16 The governor faces a decision on the first special session appropriation for social security and may veto the 11.6 million dollar measure. Observers note the regular session act could stand if vetoed and federal grants would be affected while lawmakers prepare for a second session.
MENTIONED IN THIS ARTICLE
Phoenix
U.P
Sidney P. Osborn
Arizona
State Social Security Department
Gassett Led Crashed B 29 Crew Victims
Brockton Massachusetts reports Lt Wilfred E Gassett 26 West Point graduate and copilot of the B 29 was among 12 killed when an Army plane crashed on Hawks mountain Vermont. His bride Jean Nicoll widow with a month old son in Arizona conveyed the news to his parents. Lt Robert M Fessler a veteran training officer also died.
MENTIONED IN THIS ARTICLE
Brockton
Mass
Wilfred E. Gassett
West Point
Hawks Mountain
Gassett
Tucson
Ariz
Jean C. Nicoll
Robert M. Fessler
William R. Wolf
Dayton
Atlantic Ocean
Ft. Lauderdale
Fla
William H. Greenleaf
Connecticut Air National Guard
Windsor Locks
Conn
Ft. Knox
Godman Field
Curtis M. Green
James M. Landis
Civil Aeronautics Board
Landis
Brooklyn College
New York
Truman
Air Safety Group
Davis-Monthan
John J. O'Toole
Oliver W. Hartwell
R. M. Stewart
Westover Field
Stewart
Robert Fessler
Oscar F. Fontana
Paul H. Fetterhoff
Sylvester C. Michalac
64Th
Clayton K. Knight
Pittsburgh
Edward P. Russell
Stratetic Air Command
Andrews Field
Washington, D. C
Elmer N. Tyndal
Tech
Set
Chester S. Labacz
Corp
W. Olson
Army
T. A. Arnold
Army Recruiting Office
Kentucky
Three Jewish terrorists condemned by military court
A military court in Palestine sentenced Yacoub Weiss Absolom Habib and Meir Nakar to death for their roles in the May 4 Acre jail break that freed 251 prisoners and killed 16. Two other defendants received life terms. The Ed cord of the UN Palestine inquiry looms as Arab strikes paralyze activity and calls to protect the Holy Land spread from Cairo.
MENTIONED IN THIS ARTICLE
Edward Curtis
Jerusalem
United Nations Commission of Palestine
Acre
Yacoub Weiss
Natanya
Absolom Habib
Meir Nakar
Amman
Michaelov
Nahman Ziterbaum
Irgun Zvai Leumi
UN Commission
Palestine
Cairo
Mufti
Holy Land
Great Britain
Jewish Agency
Europe
United Nations Assembly
Commission
Finds Gold In Sight Of Yuma
John Fay of the Fay Mining company announced a four foot vein of gold ore near Yuma, ending a two year search. The larger vein 105 feet deep yields 44.80 per ton, with ore from two 25 acre claims near Highway 95. He plans a 25 ton mill and is shipping ore to Hayden.
MENTIONED IN THIS ARTICLE
Yuma
Ariz
John Fay
Fay Mining Company
Fay
Highway 95
Hayden
Floods In Iowa Begin Receding
KEOSAUQUA Ia June 16 The Des Moines river crest reached Keosauqua causing business district damage and moved toward the Mississippi. Across Iowa the flood crisis eased with Ottumwa Cedar Rapids and other areas reporting lower levels and no loss of life. The N ichnabotna Nodaway and Missouri rivers receded while Iowa corn crop prospects were downgraded to under three quarters of last year’s record.
MENTIONED IN THIS ARTICLE
Keosauqua
Des Moines
Mississippi
Keokuk
Iowa
Ottumwa
Cedar Rapids
Cedar River
Nichnabotna
Nodaway
Missouri River
Rule
Neb
Des Moines Register & Tribune
Hungarian Red Foo Seized Amid Postcrisis Purge
Budapest reports say Col Istvan Zemes, a noted resistance leader and Paris Peace Conference figure, was arrested Sunday with four others. Political sources say six or seven smallholders deputies face purge, while Ferenc Nagy and Bela Varga face possible charges. Gyula Szeklui declines Moscow post as crisis unfolds.
MENTIONED IN THIS ARTICLE
Budapest
Istvan Zemes
Paris
Ferenc Nagy
Bela Varga
Gyula Szeklu
Moscow
Janos Gyongyosi
Hoover Shapes Policy Role for GOP Leaders
Former President Herbert Hoover rises as a top economic adviser to congressional Republicans and potential witness on Europe’s crisis. He argues the United States cannot sustain large foreign gifts and loans without harming domestic productivity as Taft plans hearings on preventing depressions while aiding global recovery.
MENTIONED IN THIS ARTICLE
Jack Bell
Washington
Herbert Hoover
U States
Congress
Hoover
Europe
Taft
R-O
Senate-House Economic Committee
Bernard M. Baruch
Baruch
Yuma Gila Bill Passes Senate To Go To House
Senator Ernest E. McFarland of Arizona says the Yuma Gila bill passed the senate and the public lands committee and now goes to the house for consideration. He says progress toward enactment is definite.
MENTIONED IN THIS ARTICLE
Ernest E. McFarland
Arizona
Daily Citizen
Senate
Yuma Gila
Senate Public Lands Committee
Sen. McFarland
Citizen
House
Interior Bill Approved by Senate for 215 Million Dollars
The Senate on Monday approved an interior appropriation bill totaling 215 million dollars, 54 million more than the amount passed by the House. The vote sets funding for U.S. inside projects and agencies for the coming fiscal year. The action was taken in Washington with no immediate opposition reported.
MENTIONED IN THIS ARTICLE
Washington
Senate
House
Marshall Plan Action Outlined For Europe
Secretary of State Marshall and top advisers have drafted a plan to confront chaos and Communism in Europe. The approach aims to unite Europe economically by year’s end or risk further division depending on Soviet cooperation or opposition.
MENTIONED IN THIS ARTICLE
John M. Hightower
Washington
Marshall
Europe
Russia
One-Time Chamber Secretary Expires
Funeral services were being arranged for Sam G. Bailie secretary and manager of the Phoenix office of the American Automobile Association since its organization in 1925. He died Saturday after coming to Arizona in 1907 and holding leadership roles in Tucson Casa Grande and Phoenix chambers of commerce. Bailie helped develop the state's highways and schoolboy safety patrols and was a past exalted ruler of the Tucson Elks lodge.
MENTIONED IN THIS ARTICLE
Phoenix
Sam G. Bailie
American Automobile Association
Bailie
Arizona
Tucson
Casa Grande-Chandler
Chambers of Commerce
Elks’ Lodge
Fate of Western Europe in Balance
AP Foreign Affairs Analyst DeWitt Mackenzie reports on Secretary Marshall’s plan for European economic regeneration to foster free institutions, while Hungary’s communist coup consolidates Red rule. The program seeks coordinated international action with America playing a leading role to resist Communist expansion.
MENTIONED IN THIS ARTICLE
Europe
Truman
Italy
United States
Soviet Union
Marshall
United Nations General Assembly
New York
London
Germany
Russia
Dewitt MacKenzie
U. S
State Marshall
Hungary
Moscow
America
Ottawa
Man
Western
Tucson B-29 Crash On Hawk's Mountain Kills 12
A four- ply investigation launched after a Davis Monthan Field B-29 from Tucson crashed into Hawk's Mountain in a heavy rainstorm during a training mission. Twelve killed so far, with 15 aboard originally and some identities still pending. Investigators from Grenier field Civil Aeronautics and state police join the probe.
MENTIONED IN THIS ARTICLE
Springfield
Hawk’s Mountain
Davis- Monthan Field
Tucson
Ariz
Army Aviation
Grenier Field
Manchester
N. H
Civil Aeronautics
Vermont
Army
Pittsburgh
R. L. Tucker
Bedford
Massachusetts
Accused Teller Faces Trial in Bank Embezzlement Case
Milburn John H. 42 formerly of Bank of Arizona faces embezzlement charges for $14,400. He waived preliminary hearing in Flagstaff and is jailed on $15,000 bond after Drug induced coma incident and hospital treatment. Case advances to Coconino County Superior Court with state filing expected within days.
MENTIONED IN THIS ARTICLE
Flagstaff
John H
Jack) Milburn
Bank of Arizona
Coconino County
Justice of Peace
J. C. Maxwell
Milburn
Milbrun
Flagstaff Hospital
State Superintendent of Banks
Arizona to send 25 man delegation to press for Colorado river water
Phoenix June 16. Arizona will send a 25 man delegation to Washington to tell of the state's need for Colorado river water. The group will appear before a senate public lands sub committee on irrigation and reclamation at a hearing opening next Monday. The delegation includes H. S. Abbott and Wayne M. Akin among others, with officials and business leaders from Phoenix Coolidge Tucson and Safford.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
Washington
Colorado
Senate Public Lands
Carl Hayden
Ernest W. McFarland
H. S. Abbott
State Farm Bureau Federation
Wayne M. Akin
Western Farm Management
Gail Baker
A. L. Bartlett
Coolidge Agriculturist
George Barr
University of Arizona
Walter Bimson
Valley National Bank
Charles A. Carson
Arizona Colorado River
Victor Corbell
Salt River Valley Water Users’ Association
Nat Dysart
Arizona Milk Producers’ Association
Louis Galland
Farm Loan Association
K. K. Hennessy
Pinal County
John Jacobs
George T. Jones
Gila River Reservation
W. W. Lane
Maricopa County
Municipal
Phil Martin
Tucson
C. H. McKellips
Mesa Citrus
R. I. Meeker
Clyde Nelly
Arizona Farm Bureau Federation
Jack Pretzer
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