Effort to Avert Disaster in Big Business Tax Relief
Washington reports relief may come for large firms unable to pay December income tax installments. The House Ways and Means Committee favors Edmonds of Pennsylvania’s bill to drop the 5 percent penalty unless unpaid by March 15, delaying distraint and asset seizures. Senate support and Treasury stance vary, with expectations of passage but no guaranteed future extensions.
MENTIONED IN THIS ARTICLE
Washington
House Ways and Means
Edmonds
Penneyivahia
Houston
Cnn 45
U. S
Edmonds Union
Treasury Department
Internal Revenue
Congress
House
Senate
Smoot
Winter Wheat Crop State Acreage Declines Slightly
Washington reports 40.605 million acres sown to winter wheat this fall, down 2.8 percent from last fall's revised total. December 1 crop condition stands at 87.0 percent of normal, higher than last year's 85.2 and well above 1918 levels.
MENTIONED IN THIS ARTICLE
Washington
Liinolp Lp
Unclear Data Totals Across States
An OCR fragment lists percentages and figures for Indiana Nebraska Oklahoma and Hansas with inconsistent formatting and symbols. It mentions 86 percent, 1 053 000, 82, 8 801 000, 88, &100 000, 86, and 10 849 000 and x.
MENTIONED IN THIS ARTICLE
Normal
Indiana
Nebraska
Oklahoma
Hansas
Horatio W Seymour Dies at 66 In New York
Horatio Winslow Seymour, editorial writer for the New York World and former Chicago and Western newspaper staffer, died in New York at age sixty six.
MENTIONED IN THIS ARTICLE
Chicago
New York City
New York
Horatio Winslow Seymour
New York World
French government retains confidence after Lefevre resignation
Paris reports the chamber of deputies backed the government by 403 to 65 amid debate over the resignation of War Minister Andre Lefevre. The vote preserves the administration and signals continued leadership at a tense moment.
MENTIONED IN THIS ARTICLE
Chamber of Deputies
Paris
Andre Lefevre
Germany Misses December Versailles Debtor Payment
Berlin reports Germany defaults on its December payment to France Great Britain and Belgium under the Versailles treaty. The government informs the Inter allied Reparations Commission that it cannot meet the month’s cash due as provided by annex 11 to treaty paragraph 200.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Inter-allied Repairations Commission
France
Great Britain
Belgium
Ship Building Record Set in Last Fiscal Year
American shipbuilders launched and documented 3,880,639 gross tons in the last fiscal year surpassing the prewar record. British ships under construction as of June 30, 1920 totaled 3,808,036 tons, per the commissioner of navigation report released in Washington.
MENTIONED IN THIS ARTICLE
Washington
Commissioner of Navigation
Two Fortunes Merge in Chicago Engagement
Chicago announces the engagement of Lolita Armour to John J. Mitchell Jr. He is the eldest son of John J. Mitchell, president of Illinois Trust & Savings Bank, and he holds directorships at Pullman, International Harvester, Peoples Gas, Chicago Telephone, and Chicago Surface Lines. Her wealth includes $10 million from inheritance and gifts plus a 13 acre site at Sixty third Street and South Park Avenue. The match links two of the nation’s largest fortunes with strong ties to major Chicago and Texas interests.
MENTIONED IN THIS ARTICLE
Chicago
J. Ogden Armour
Lolita
John J. Mitchell, Jr
United States
Miss Armour
Lolita Ogden Armour
Sixty-third Street
South Park Avenue
White City
John J. Mitchell
Illinois Trust & Savings Bank
Ilinois Merchants’ Trust Company
Ilinois Trust & Savings Bank
Corn Exchange National Bank
Merchants’ Loan & Trust Company
Relief for Farmers Prompts Special House Committees
A special House committee group is formed to plan farmer relief policies while considering tariff measures to stop price declines in wheat and wool. A tax plan on bank deposits is proposed by Rep. Treadway to raise about 1 billion dollars annually as tariff talks continue.
MENTIONED IN THIS ARTICLE
Washington
Representative Treadway
Massachusetts
House
Ways and Means Committee
Treadway
Senate Finance
Ways and Means
Western Union Telegraph Company
Congress
Ireland
Illinois
House Accounts Committee
Postal base reporting on Pot sites at Pacific coast
Committee work on a new Pacific coastal base advances under Sen. Ball as chairman. Delays noted as the report aims to January completion with Senate involvement and postmaster general oversight.
MENTIONED IN THIS ARTICLE
Naval Base
Pacific
Janu Asker
Senate
Senor Delaware
Anator Ball
Will plans housing relief at national council meeting
A national council meeting in January will finalize a housing relief program to address nationwide shortage. The gathering, led by the chamber of states, aims to shape policy and outline localized relief steps for 18th decade housing needs.
MENTIONED IN THIS ARTICLE
Chamber of
National Council of the Free of the United d
Restoring Caldrich Tariff Sched Proposed Reenactment
A proposal calls for repealing the current tariff law and reestablishing the Aldrich tariff schedule at 191 percent. The plan argues for restoring protectionist measures and aligning duties with historical rates to spur domestic industry.
First Steps in Drive to Halt Liquor Running
Chicago witnesses initial actions against an eastern booze ring as four men were arrested on a Pennsylvania train bound for the city. Prohibition agents searched the inbound train between Sixty third street and Union Station and seized four porters for questioning at the federal building.
MENTIONED IN THIS ARTICLE
Chicago
New York
Prohibition
Frank D. Richardson
Englewood
Sixty-third Street
Union Station
Federal
Bryan Advises on League Ideas at Marion Cooler Cabinet Talk
William Jennings Bryan, former secretary of state, urged by President-elect Harding to join a cabinet discussion on world peace and a league of nations. He offered expert insight from negotiating many arbitration treaties and weighing amendments to American pacts as a basis for a global peace framework.
MENTIONED IN THIS ARTICLE
Marion
Coolidge
William Jennings Bryan
Wilson
Harding
Association of Nations
Bryan
Department of State
Ees
New League’ S Court
Bryan to Speak as Harding Schedules Him for Day
Arriving late in the forenoon Mr. Bryan had most of the remainder of the day set aside on Mr. Harding's appointment schedule. The article notes the opinion he expressed on the present practicability of American acceptance of the covenant.
MENTIONED IN THIS ARTICLE
Mr. Bryan
Mr. Harding
President Wilson Buys Fairbanks Home in Washington
President Wilson purchases the former Henry P. Fairbanks house at 2540 Street Northwest. The residence will be his permanent home after leaving office on March 4, with possession expected by February 15. Reported price around $150,000. the colonial brick and limestone house sits on nearly a full block atop raised grounds.
MENTIONED IN THIS ARTICLE
Washington
Wilson
Henry P. Fairbanks
K. W. Bolling
Government funds paid by treasurer on wartime checks
Washington reports that by October 31 more than 12.128 trillion dollars had been paid out on checks drawn by six government corporations and the railroad administration. These funds were drawn against their accounts on hand by the government treasury in 1918 instead of being deposited with private banks.
MENTIONED IN THIS ARTICLE
Washington
United States
Railroad Administration
Treasury
NO BERLIN CHRISTMAS TRADE
Berlin reports a weak Christmas trade as major stores hold large toy stocks. A toy dept manager notes high prices with a rocking horse selling for 600 marks, up from prewar 60 marks, rendering it unaffordable for many workers.
MENTIONED IN THIS ARTICLE
Berlin
Albania Wins Seat in League of Nations Assembly
Albania was elected a member of the League of Nations at Geneva after Lord Robert Cecil and supporters argued against an adverse committee report. N. W. Rowell and others backed Albania, gaining unanimous approval while Azerbaijan Ukraine and Liechtenstein were rejected.
MENTIONED IN THIS ARTICLE
Robert Cecil
Special Assembly Committee
Geneva
Albania
League of Nations
Assembly of the League
League
N. W. Rowell
Canada
Inman
India
Rene Viviani
France
Sig. Sehantzer
Italy
Cecil
Azerbaijan
Ukraine
Liechtenstein
Iowa and neighboring states plan to ship corn to starving refugees
Dr J E Kirbye and John W Mace led a conference in Omaha to arrange 300 cars of Iowa Nebraska and Kansas corn for Near East Relief refugees. The plan would move corn from Midwest farms to feed Greeks Russians Jews Armenians and others with transport by British ships and US Army trucks.
MENTIONED IN THIS ARTICLE
Des Moines
Omaha
Iowa
Nebraska
Kansas
Near East
New York
Mediterranean
United States Army
Louisiana
American Red Cross
Near East Relief
Merbert Hoover
American Relief Committee
AEN
Ayres Sentenced to Prison in Auto Bond Scandal
Iowa City reports Hubert W. Ayres, alleged auto bond swindler, sent to Fort Madison penitentiary after parole breach. Detective Carroll tracked him 2500 miles across four states. Ayres faces up to three more years. Johnson county grand jury may indict for bond and auto scheme next February.
MENTIONED IN THIS ARTICLE
Iowa City
Hubert W. Ayers
Fort Madison
B. Carroll
Missouri
State Board of Parole
Ayres
Johnson County Grand Jury
State banks barred from investing in foreign trade finance company
Iowa banks not national are prohibited by law from buying stock in the Edge Act backed 100 million dollar foreign trade finance corporation. D B McKee of Iowa Land Trust says national banks may invest up to five percent but Iowa state and savings banks need a future assembly's permission. He notes exporters and grain interests would benefit and Iowa may be looked to for participation.
MENTIONED IN THIS ARTICLE
Finance Corporation
Des Moines
Chicago
D. B. McKee
Iowa Land Trust Company
General Assembly
Iowa State and Savings Banks
Iowa
McKee
Canada grain crop yield rises with wheat up to 293 million
The latest government estimate shows Canada's wheat crop reaching 293,381,000 bushels, about 4,000,000 more than August. The 1919 yield is given as 193,260,900 bushels with total competition, while the national wheat per acre is 16 bushels compared with 10 last year.
MENTIONED IN THIS ARTICLE
Canada
Also Mentioned on This Page
Horatio W. Seymour
Allies
America
Lolita Armour
J. J. Mitchell, Jr
Rep
General World
National of
United States Chamber Commerce
Caldrich
Chie
Boy
Santa Iolaus
Papa
Pres
H. P. Fairbanks
Rail Board
Little Nation
The
Europe
Hubert W. Ayres
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