Competition Improves Cars but Needs Oversight Says FTC
The FTC told Congress that active auto competition has given consumers better cars at lower prices, though extra controls are needed for public and dealer protection. It cites huge profits by seven major makers from 1927 to 1937, highlights unfair dealer contracts and deceptive finance practices, and notes DOJ action to curb abuses.
MENTIONED IN THIS ARTICLE
Washington, D. C
Federal Trade Commission
Congress
Commission
Solons Exempt Selves From Tax in District of Columbia
Washington lawmakers passed a local income tax for D C with an amendment exempting themselves and congressional staffers. The bill starts at $2,000 income with 2 to 7 percent rates, abandoning exemptions for family status. Sam Rayburn opposed a local tax on himself and clerks, influencing the final exemption.
MENTIONED IN THIS ARTICLE
Washington
House
District of Columbia
Bahama Islands
Congress
Rayburn
Sam Rayburn
Antitrust suits target GM Chrysler Ford over finance links
The FTC filed suits to separate management of the auto makers from affiliated finance arms. Ford and Chrysler agreed to consent decrees limiting practices, while GM contests the charge with trial set in South Bend, Indiana on October 9. GM, Chrysler, and Ford sold over 90 percent of new passenger cars in 1938, up from prior years. Seven manufacturers sold 99 percent. Returns 1927–37 show GM averaging 35.5 percent annual profits, Chrysler 28.59 percent, Ford a 0.80 percent loss.
MENTIONED IN THIS ARTICLE
Ment
General Motors
Chrysler
Ford
South Bend
Ind
Radio Power Sparks Debate On Gov O Daniel Texas
Austin columnist warns that Daniel's radio talks threaten public minds with half truths and lies. The piece accuses Governor O Daniel of libeling lawmakers, opposing pensions, and threatening impeachment via televised rhetoric while vowing no special session for the Forty sixth Legislature.
MENTIONED IN THIS ARTICLE
Austin
America
W. Lee O’daniel
Texas
Texas House of Representatives
O’daniel
O'Daniel
Daniel Sunday
Special Privilege Class in DC Tax Debate
The piece argues that many Congress members and federal employees are not legal DC residents yet will be taxed. It notes thousands live in Virginia or Maryland and many maintain voting residences elsewhere. State income taxes paid may be deducted from DC taxes due.
MENTIONED IN THIS ARTICLE
District of Columbia
Virginia
Maryland
Washington
Tennessee Moonshiner Seeks Chance To Restart Operations
Knoxville Knoxville Investigator Sam McKinney of the alcohol tax unit releases a letter from a Cooke County moonshiner begging for leniency and a 10 day respite to rebuild. The plea notes extortionate costs, fear of begging, and desire to resume liquors production after recent raids.
MENTIONED IN THIS ARTICLE
Knoxville. Tenn
Sam McKinney
Alcohol Tax Unit
Cooke County
Plees
Cooke
O'Daniel Pushes Final Tax Plea In Texas Talk
Governor O'Daniel urged House approval of the sales natural resource tax amendment in a final plea. He accused special interests of fighting any tax increase and warned against another costly special session. He cited votes and urged the 51 remaining House members to join a large majority in passing S. J. R. 12.
MENTIONED IN THIS ARTICLE
Austin
House
O'Daniel
Texas
New Hospital Insurance Plan To Begin July 1
Dallas report states a state wide hospitalization service allowing policyholders to use any affiliated hospital will start around July 1. Group Hospital Service of Texas Inc officers and directors worked on contracts with attorney Phil Overton to prepare forms. Headquarters location choices include Dallas or Houston.
MENTIONED IN THIS ARTICLE
Dallas
J. H. Groseclose
Group Hospital Service of Texas, Inc
Phil Overton
Austin
Baker Hotel
Groseclose
Houston
L. M. Markham
Longview
Josie Roberts
C. E. Hunt
Lubbock
Ava Davis
Temple
Margaret Hales Rose
Wichita Falls
Bryce Twitty
Overton
E. M. Collier
Abilene
Texas Hospital Association
E. M. Dunstan
Parkland Hospital
Weary Willie And Tom Debate World Dictatorship
Weary Willie jokes if he were dictator he would grant 365 holidays a year. Tom retorts that would still require work a full day every four years, poking fun at the idea.
MENTIONED IN THIS ARTICLE
Willie
Tom
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General Motors Corp
Chrysler Corp
Ford Motor Co
Hudson Motor Car Co
Nash Motor Co
Packard Motor Co
Studebaker, Inc
U. S
Justce Department
Raymond Clapper
Fort Worth
Yeager
Sinclair Gas
Sinclair
Williard
Yeager’s Service Station
Stephens & Bryant Insurance Agency
Nat'l Bank
Business News
U. S. Industry and Labor
Motor Vnanno MS
Science Magazine
Auto Nnstory
Cabell-Eanes- Me
Aansts
Ddaniel
Harry Benge Crozier
Dispatch-Journal
Tennessee Moonshiner
Chance
Kale Kilewalt’ Studer Ea Aa
D Mua, Public Service Company