Morgan Investigation Signals Tax Change and Political Fallout
The Morgan inquiry may push amendments to income tax laws aimed at taxing the wealthy more heavily while probing banking and investment dealings. It reveals that Morgan partners paid little income tax for 1931 32 despite gains earlier, notes capital loss deductions, and could influence public opinion on tax policy and distrust of elites. Senator Carter Glass opposes the line of investigation and its political uses.
MENTIONED IN THIS ARTICLE
Washington
J. P. Morgan & Company
Senate Banking and Currency Committee
Morgan
Mr. Morgan
United States
Charles G. Mitchell
National City Bank
England
House of Morgan
Congress
Woodin
Virginia
Glass
Lees-McRae College Featured by The New York Times
The New York Times May 28 article highlights Lees-McRae College in Banner Elk North Carolina. It notes Duke Endowment support of 2000 dollars for a storage lake dam and describes the college building a nearly self-sustaining operation with student labor and multiple income streams.
MENTIONED IN THIS ARTICLE
Duke
Lees-McRae College
Banner Elk
Lees-McRae
Lees- McRae College
Wa tauga Legion Plans July Doubleheader and Fiddlers’ Convention
Wa tauga Post No. 130 votes to sponsor a July fourth doubleheader at a college ground to entertain Wa tauga County fans. An Old Time Fiddlers Convention is planned with date to be announced. A joint Legion and Auxiliary meeting set for June 16 includes sandwiches and lemonade after business. Mrs. W. R. Absher of North Wilkesboro is being invited to speak. Commander Ralph G. Greer urges attendance and notes next week's write up for details.
MENTIONED IN THIS ARTICLE
Watauga Post No. 130
Watauga County
The
Legion
Legion Auxiliary
Absher
Major A. L. Fletcher
Labor
Ralph G. Greer
President's currency amendments end gold redemption policy
The administration proposes changes stating future US obligations and others shall not be payable in gold. All existing gold payable obligations would switch to dollars, eliminating gold as a required payment method. The plan argues gold is no longer money, merely a standard, and that redeeming every dollar in gold has been abandoned.
MENTIONED IN THIS ARTICLE
United States
Trench Silo Suits Small Dairymen
The trench silo offers an economical silage solution for small dairy farms. Dairy extension specialist John A Arey reports 42 trenches built in the state last summer and notes similar efficiency to vertical silos with lower filling costs and labor tradeoffs.
MENTIONED IN THIS ARTICLE
John A. Arey
State College
Arey
Blowing Rock Presbyterian Church Closes Major Bible School
The Blowing Rock Presbyterian Church completed its third annual Daily Vacation Bible School on June 1 led by Evelyn Brown with Rev. G Sexton Buchanan. Eighty-one registered, thirty on the honor roll, fifty-three attended multiple days, with two departments the primary led by Mrs G Sexton Buchanan and the junior led by Rev. Buchanan.
MENTIONED IN THIS ARTICLE
Blowing Rock
G. Sexton Buchanan
Mary Cannon
Douglas
Bill White
Helen Luddreth
Beulan Tester
Herbert Ingle
Bob Hardin
Evelyn Brown
G. S. Buchanan
Howard Holfhouser
Lois Klutz
C. A. Williams
Doglas
Democrat Advertisements Light the Way to Better Business
Political ads claim Democratic policies will boost commerce and enterprise. The messaging emphasizes investment, job creation, and favorable conditions for small firms amidst economic debate.
MENTIONED IN THIS ARTICLE
Democrat
Hens in Heat See Egg Decline Mitigated by Care
Poultry expert Dr. F Parrish says hot weather lowers egg production but can be countered by cleaning hen houses to remove mites and lice, providing shade and ample feed, and culling non producers. Mites hide in cracks and attack at night. lice cling to birds and require eradication.
MENTIONED IN THIS ARTICLE
F. Parrish
State College
Parrish on Ventilation and Shade for Laying Hens
Parrish advises keeping the laying house well ventilated with fresh air and no direct draft. He stresses the need for properly arranged intakes and outlets and that birds must be cooled to maintain laying. Shade is essential on poultry farms. artificial shelters may replace natural shade. Laying hens drink much water and require a constant supply of fresh clean water.
MENTIONED IN THIS ARTICLE
Parrish
Underdog theme in criminal defense fades in modern era
A Philadelphia lawyer famed for defending criminals died recently. Once moved by romantic sympathy for the underdog he shifted from corporate to criminal defense. The piece notes that modern criminals gain advantages from counsel, delaying tactics, and evidentiary evasion, questioning the old romantic stance.
MENTIONED IN THIS ARTICLE
The
Kansas City Star
Philadelphia
Corporation
Uncle Sam
Also Mentioned on This Page
Morgans
J. Pierpont Morgan
John W. Davis
Senate
Janis S. Morgan
New York Times
Pinnacle Inn
Association
Edgar H. Tufts
American Legion Activities
the Legion Auxiliary
W. R. Absher
North Wilkesboro
Auxiliary
Department of North Carolina
Blowing Rock Presbyterian Church
Mari Colman
Boston
Sin To
Hollywood
Cecil B. de Mille
Ceither Tol Accei
Hampshire
J. H. Shipley
Vilas
N. C
Young Stock
W. E. Shipley
Boone, North Carolina
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