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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Sep 24, 1929
Page
12
Hoover administration signals possible federal income tax reductions to take effect March 15 as experts prepare a detailed plan for congressional presentation. Report notes total government income since July 1 exceeds 900 million dollars and calendar year 1929 tax receipts near 1.806 billion.
Treasury plans a December proposal to cut taxes for the coming March. Officials cite strong revenue, ongoing prosperity, and a expected surplus to justify a sizable earned income tax reduction. The form remains undecided, but a cut on earned incomes is likely a principal element.
Chicago, Sept 24. After shooting and fatally wounding his wife in a room of an apartment hotel, Robert Bell, 40, shot and killed himself. Mrs Blanche Bell, 38, died after a house physician was summoned. Police found her baggage packed, suggesting she planned to leave. Bell’s wife had a daughter by a former marriage, Mrs Evelyn Foley, living in Stockton, California.
Cloudy with local showers and warmth in the northeast section of the state, cooler conditions in the northwest. Federal observer Charles D. Reed reported slight sprinkles offering little crop benefit. Estherville recorded 88 degrees as the warmest, Cedar Rapids 45 degrees as the coolest.
A note in a tin container washed ashore at Seabright Beach claims Mildred Doran was in the water for three days after her Dole flight vanished near San Francisco on August 16 1927. The message says engine trouble forced a downing and lists pilot John A Podlar and mechanic V B Knope as companions who vanished with the plane toward Hawaii.
Memphis Tenn Sept 24 A 5 000 gallon crude air tank exploded at the Clinois Central railroad shops at noon. Ambulances and five fire companies responded. By 1 15 p m firemen reported all victims removed except one. About 200 trapped persons suffered minor injuries. Burning oil drenched nearby buildings as flames were kept from spreading and windows within a three block radius were shattered.
New York, Sept. 24. The stock market broke badly in the last hour amid heavy selling orders. High priced industrial and public utility stocks tumbled 15 to 25 dollars from the day’s highs. Anxiety grew over the Bank of England discount rate rise impacting foreign funds, steel mill output lagging year ago, and Alexander Legee’s testimony that the stock he holds heavily was overvalued.
Los Angeles report states two pearl studs valued at $9 000 were reported stolen to police by Manx Steuer a New York attorney for Mrs. Louise Pantages. Steuer denied having his pocket picked and noted the loss occurred in Hollywood.
Secretary E S Estes announces next Monday opening of an first aircraft exhibition in northeastern towns at Dairy Cattle Congress in industrial hall No 4. St Louis Monocoach and Bolte Aircraft promise planes with maps. 4 H judging team winner earns free flight Waterloo to St Louis in Smiling Three.
Cedar Falls Sept 24 The funeral of Christian Ravn will be held at 1 p m Friday at Dahl chapel with coroner B C McMillan saying there will be no inquest into his death by his own action Monday morning Ravn left a note stating he could no longer endure his long illness He had just returned from Iowa City where he was a patient at the state hospital
Kalamazoo, Sept. 74 U P reports that Eu Bere Burgess known as the Evil Eye slayer hanged himself using pajamas as a rope in his Kalamazoo county jail cell. Burgess and his wife Pearl faced trial next Monday for the murder of Mrs Etti L Fairchild who died during a dinner guest visit at the Burgess home. The couple suspected Mrs Fairchild hexed their daughter Eugenie 17.
John Trumbull and Florence Coolidge departed after spending part of their honeymoon in a Berkshire village. They stayed at Lieut.-Col. Arthur Budd’s 30 room mansion in Pittsfield area before leaving by automobile this afternoon. Budd did not know their destination and state officials reported no further details.
Washington, Sept. 24. A letter by William B. Shearer, observer for American ship builders at the 1927 Geneva naval conference, says a secret British document he obtained influenced the cruiser construction bill debated in the senate last session. The letter, sent to Homer T. Ferguson of Newport News Shipbuilders, notes opposition to the program and was read into the record by a senate investigation committee.
The Town Supreme Court dissolved a temporary injunction in Marshalltown district court in favor of Albert D. Bratt and others against Bankers Life Company. The ruling voided restraints on lapsing membership for nonpayment of higher assessments and on transferring funds except the contingent fund. Equity, citing prior Polk County rulings, favored dissolving the injunction in this Marshalltown case.
Onawa September 24 jurors to try Allen Coe 75 Mapleton night watchman charged with manslaughter in the fatal shooting of Fred Shipley. Details incomplete as the report cuts off mid sentence.
New York Yankees manager Miller Huggins remained critically ill at St. Vincent's hospital after a night described as comfortable. Bulletin noted only that his condition was “about the same,” with his temperature measured at 104.2 after a blood transfusion operation for infections linked to influenza and erysipelas.
Dispatches from Jalapa report 130 people killed and several hundred wounded during Sunday elections across Vera Cruz. The nephew of presidential candidate Ortiz Rubio was said to have died in riots in Vera Cruz City.
New York report notes partial plans to handle the 1928 crop season discussed in a Senate probe. The Farm Board chairman outlines steps under consideration while details remain incomplete. No final program is described. The piece also mentions gifts connected to former President Coolidge and a commemorative magazine memorial.
President Hoover urged retention of the flexible tariff provisions calling rejection economically wrong. Smoot in Senate pressed for approval of the flexible section granting power to set rates on recommendation of the tariff commission without new congressional action amid Democratic GOP disputes.
Col Charles Lindbergh rests in Paramaribo Dutch Guiana after completing a trail blazing tropic mail flight for Pan American Airways. He and his wife are feted by municipal authorities and plan to start early tomorrow for Port of Spain Trinidad. The group will then rest eight days at Cristobal before returning to Miami.
Iowa City report describes Earl Peacox testifying that he loved his wife Dorothy, whom he admits killing and burning. He recounts a brief marriage, quarrels, and a fatal blow to her head as he insists the act was not premeditated.
Indianapolis September re election of Ella A Boole, of Brooklyn, to lead the National Woman's Christian Temperance Union at its forty seventh annual convention. She has held the post since 1926.
Senator Brookhart questions why a wheat crop is neglected as Chairman Legge testifies on ties to farming and International Harvester before the Senate agricultural committee. Legge defends stock holdings, explains 60 day limits, and outlines board plans for stabilization and credit use. Additional discussion covers cooperative credit, stabilization bodies, and advisory councils for wheat.
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