Taxpayers Face Higher Bills After State Increase
Grayson County residents face higher totals despite a proposed 20 cent cut in county rates because Gov. W. Lee O Dan iel raises the state ad valorem tax by 28 cents. The net county increase amounts to 2 344 68 on a 28 015 457 county assessment and 37 799 307 total assessment. Small homestead exemptions apply to about 4 000 properties. The boost mainly lands on businesses and large homes valued over 3 000 for tax purposes. Discounts for early payment apply to state taxes, not Grayson County, with 3 percent in October, 2 percent in November, and 1 percent in December. The state general fund rate remains unchanged.
MENTIONED IN THIS ARTICLE
Sherman
W. Lee O’daniel
John
O’daniel
Grayson County
Marvin Hogan
Auto Plants Ready to Hum in 1940 Car Shift
Detroit reports General Motors workers returning after a month long strike, kick starting a move to 1940 model car production. Chrysler Hudson Nash and Packard already launching new lines while Ford sits out the New York show. Manufacturers expect high output by early September barring new labor troubles as Chrysler Ford and GM hold about 85 percent of U.S. auto production.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
Chrysler
Hudson
Nash
Packard
Ford Motor Company
New York
Ford
Permits Required to Visit Damsite at Red River
Denison reports a gate will block the main Bear's Ferry road near the damsite as dynamite danger prompts controlled access. Visitors must carry identification to enter the circumscribed area, with the gate supervised by a watchman following a district engineer briefing with Judge J. J. Loy. Authority for road closure rests with the Commissioners Court.
MENTIONED IN THIS ARTICLE
J. J. Loy
Commissioners Court
New Governor O'Daniel Faces Secret Tax Boost Controversy
AUSTIN. Governor O'Daniel faced criticism after the State Automatic Tax Board, of which he is chairman, met behind closed doors to decide a tax rate that could raise state taxes by about 9 million dollars a year. A four page statement and a brief three line note followed, leaving the public unsure of any dissent or figures behind the decision. The episode echoes past open feud with the press as questions rise over transparency in budgeting and tax policy.
MENTIONED IN THIS ARTICLE
Austin
W. Lee O’daniel
State Automatic Tax Board
George Sheppard
Charley Lockhart
Automatic Tax Board
Sheppard
Lockhart
Jesse James
Bob Calvert
Tom Wheat
James
Calvert
Wheat
O’daniel
Tax Board
Texas
CARDUS Aids Southern Women Reporters Found Helpful
Aids Southern Women Reporters queried twelve South cities asking if CARDUS helped. Of 1279 women, 93 percent said they benefited, suggesting CARDUS improves appetite and digestion and may relieve symptoms of functional dysmenorrhea due to malnutrition. Try CARDUS.
MENTIONED IN THIS ARTICLE
South
Cardus
Taxpayer Budget Hearings Questioned by Officials
The reference questions whether county officials, acting on O'Daniel's lead, would exclude taxpayers from budget hearings and what that stance implies for public access to fiscal deliberations. The note hints at political tension over taxpayer participation in financial meetings.
MENTIONED IN THIS ARTICLE
O’daniel
Funds Ready For Road Work in All Grayson Precincts
Sherman report states a $14 000 authorized warrant will help Grayson County match WPA aid for expanded road work through 1940. Since 1935 Grayson has completed 155 miles of rock and gravel roads and 130 miles blacktop. Currently under construction are 99 miles rock and gravel and 20 miles blacktop, with a 400 foot concrete drainage section on the Whitewright road at Choctaw creek.
MENTIONED IN THIS ARTICLE
Whitewright Road
Choctaw Creek
Sherman
General Road and Bridge Fund
Budget Details For U S Industry And Labor District Roads
The 1940 budget totals 178222.10 with 8832.54 for admin and 169389.56 for precinct road expenditures. Sherman precinct 1 led by P. J. Waldrop allocates 1000 for new construction, 9061.89 for equipment, 40000 for maintenance across 132 miles of rock and earth roads. Vaughan of precinct 2 assigns 500 for new construction, 7561.89 for equipment, 45000 for maintenance over 116.2 miles rock gravel and 302.9 miles earth roads. Clayton Flanery plans 500 for construction, 3599.48 for equipment, 36000 for maintenance over 110 miles blacktop gravel and 329.4 miles earth roads. Looney of precinct 4 budgets 4666.30 for equipment, 500 for construction, 21000 for maintenance on 69.6 miles gravel and blacktop and 180.9 miles earth roads. Chestnut chips, once discarded by tanning-extract industry, are used to make corrugated board.
MENTIONED IN THIS ARTICLE
Sherman
P. J. Waldrop
S. B. Vaughan
Precinct 2
Clayton Flanery
E. C. Looney
Congress Voted Over Ten Billion During Session
The Budget Bureau estimated Congress appropriated 10.47 billion dollars for the current fiscal year, about 260.9 million more than the budget estimate. 1940 appropriations exclude contract authorizations and other funds. An additional 1.01 billion was set for deficiencies of prior years. After postal and DC revenues, the Treasury would need about 9.69 billion, though not all funds may be required.
MENTIONED IN THIS ARTICLE
Washington
Budget Bureau
Congress
District of Columbia
Treasury
Harold D. Smith
Receptive to attend political meeting with open mind
A woman prepared to depart to a political meeting says she is not prejudiced at all. She tells a friend she will go with an open unbiased mind to listen to what she believes is pure rubbish.
Also Mentioned on This Page
Business and Government
Whately
Junius
S. H. Montgomery Agency
The
First National Bank
Member
Federal Deposit Insurance Corporation
Business News
Aids
Grayson
U.S. Industry and Labor
Jim
American Banker’s Magazine
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