Conferees settle on tax bill with estate and gift taxes
Senate and House conferees reach final agreement on a 250 million tax bill. It omits Roosevelt inheritance taxes, raises existing estate tax rates, imposes gift taxes, and adjusts corporate and individual surcharges. House action expected next.
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Washington
Senate
House Conference Committee
Roosevelt
Harrison D.sand
McCarran
Harrison
House
Doughton
Ways and Means Committee
British cabinet urged to back strong policy on Italy crisis
Reports from Addis Ababa describe hurried Ethiopian war prep. Addis built a cartridge factory and camouflaged troop moves while Haile Selassie ordered no visible arming. Army divisions kept away from the Addis Ababa Djibouti railway as mobilization remained subdued.
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Italy
Sweden
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Bodies of famous flyers returned to Oklahoma and California
The remains of Post, Rogers, and their fellow traveler are transported from Glendale to Oklahoma by a large transport plane piloted by William Winston after a 3 500 mile journey from Alaska. Police clashed at the airport during body transfers. In California the comedian actor Rogers lies in state at Forest Lawn with private services and later burial plans in Chelsea Oklahoma.
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Rogers
Glendale
Oklahoma
Alaska Wilds
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William Winston
Burbank
Point Barrow
Joe Crosson
Seattle
Alameda
Crosson
North
Forest Lawn Memorial Park
Los Angeles
Clarence M. Young
Col
Young
William A. Winston
Sergt Morgan Promoted for Fine Judgment in Arctic Recovery
Washington Aug 20 Technical Sergeant Stanley R Morgan promoted to master sergeant for initiative resourcefulness and fine judgment in organizing and directing recovery of Rogers and Posts bodies taking them to the Eskimo village near Point Barrow Alaska and transmitting a detailed Arctic expedition account to the outside world
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Washington
Stanley R. Morgan
Dern
Rogers
Post
Point Barrow
Alasa
Garner Planed Japan Stop En Route to Philippines Inauguration
Vice-President Garner and congressional leaders may visit Japan this fall on the way to the Philippines for the new government’s inauguration. State Department officials say they know nothing of the plans. Garner said the delegation would stop in Japan and China but he is not going as a goodwill ambassador or in any official capacity.
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Favors Taxing Exempted Bonds In Time of War
The Senate munitions committee proposed a constitutional amendment to tax tax exempt securities during wartime to prevent profiteering. It noted two additional amendments would be needed but warned they could create worse situations than profiteering in a national emergency.
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Washington
Senate Munitions Committee
Senate
Senate Debates Guffey Coal Stabilization Bill
The Senate debated the Guffey coal stabilization bill’s constitutionality. Senator Neely proposed taking up the measure to create a “little NRA” for the bituminous industry, but Senator Tydings questioned whether it would set aside anti trust laws.
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Washington
Senate
Neely
D-W.va
Tydings
D-Md
G Men Chief Threatened by Notorious Gangster Karpis
FBI chief warns the famous gang led by Alvin Karpis remains a severe threat. Hoover described the outfit as one of the nation’s most dangerous mobs as the group operated coast to coast.
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G Men
Karpis
Hoover
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Cleveland taxi driver shoots self after note to join death
In downtown Cleveland, taxi driver Jack Berman, 24, shot himself just below the heart while in his cab. A note found by investigators said he wished to join in death and cited disgust with the world. The wound was not fatal due to poor aim.
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Mr. Rogers
Cleveland
Jack Berman
Nye Threatens Big Filibuster in Senate
Washington officials report that Senator Nye of the munitions committee announced a filibuster against all administration neutrality legislation. Senator Bone of Washington will start the filibuster, Nye will join in, and Nye declined to name other participants.
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Washington
Nye
Senate Munitions Committee
Bone
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Clipper Plane Sets Course for Midway Island
Pan American Airways seaplane with the same crew as the outbound hop lifts from the coral lagoon at 6.14 a.m. local time bound for Midway Island about 1,191 miles northeast. The flight marks a historic leg toward Midway with Pacific standard time reference noted.
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Wake Island
Pan American Airways
Midway Island
Judge Otis defies mob threats at Hopkins homecoming
Federal Judge Merrill E. Otis faced a mob threat after blocking two foreclosures in northwest Missouri. He defied the intimidation at a Hopkins homecoming oration while armed DOJ agents circulated. The judge had decreed the foreclosures despite the pressure.
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Missouri
Merrill E. Otis
Hopkins
Department of Justice
Otis
Africa's Telegraphic Drums Reach Vast Territories
Mary A. Utecht reports in Collier's Weekly that Africa uses massive drums for communication. A Nigerian drum measures 12 feet long and 15 feet in circumference and can be heard across more than 1,250 square miles.
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Africa
Mary A. Utecht
Waterville
Maine
Collier's Weekly
Nigeria
Seaport of Valparaiso Rises Above Hillside City
The Chilean chief seaport Valparaiso sits on hillside terrain with hills climbing up to 1000 feet behind the shore. Founded in 1535, the city hosts about a quarter of a million residents.
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Valparaiso
Vale of Paradise
Chile
Grief Stricken Rogers Family Heads to Los Angeles
Grief-stricken members of Will Rogers' family depart New York by train for Los Angeles where funeral services are planned after the humorist and Wiley Post perished in an Alaska airplane crash. The bodies were flown from the accident site to Los Angeles. Theda Blake, James Rogers, Mary Rogers and Will Rogers Jr. accompany Mrs. Rogers.
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New York City
Los Angeles
Wiley Post
Point Barrow
Alaska
Post
Rogers
Theda Blake
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Markets Slide on Heavy Selling Amid Utilities Lead Decline
The New York stock market fell broadly with utilities leading the retreat as large blocks traded at the open for substantial losses. Some buying surfaced later and aided a partial recover, but American Telephone’s 4 point drop triggered renewed selling pressure. Currency moves showed the Italian lira and sterling shifting, while a list of selected stocks closed mostly lower or mixed.
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New York
American Telephone
Local Markets And Wholesale Prices Listing
Local markets recap shows daily price listings for wholesale and patent brand feeds. Includes various bag weights from 12 to 98 pounds, corn meal, screenings, middlings, dairy feeds, egg mash, veal and cattle prices with percent ranges and per hundred weights.
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Xss
Bate Eerie Tee
Baltimore and Philadelphia Livestock and Produce Markets Report
U S Dept of Agriculture notes cattle at nominally steady in Baltimore with no steers offered. Hogs sharply lower, calves strong, and sheep and lambs steady. Philadelphia reports live poultry prices steady with dressed poultry and eggs and butter prices unchanged.
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Baltimore
U. S. Dept. Agric
Philadelphia
Plymouth
U. S. Dept. Agr
Grain futures and cash bids across wheat and corn markets
Chicago closing grain prices show Sept wheat at 87 3 4 cents, Dec at 98 5 8, corn Sept 74 1 2, Dec 55 5 8 to 3 4, oats Sept 26 1 2, rye Sept 42, barley Sept 40. Cash wheat in Chicago No 3 red 88 1 2, No 2 hard 1.01 to 1.02, corn No 1 yellow 81 1 4. Baltimore spot wheat 81 1 2 bid. Winchester wheat 75 cents per bushel. yellow corn 90 cents, white corn 93 cents.
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Chicago
Chicago Cash Grain
Baltimore
Winchester
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