Word: earners
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...said a great deal in general about the blessings of the Government's Old-Age Pension Law, practically nothing in particular about the tax feature of that act. Beginning Jan. 1 a tax of 1% per year will be levied on the pay of every U. S. wage earner, great & small.* An equal amount will also be collected by the Treasury from the employer. Example: A factory superintendent 40 years old makes $3,000 per year; his annual tax to begin with will be $30 (1% of $3,000); the factory management must match his $30 with another...
...against $6,050,000 in 1934. Organized on the eve of Depression, Ernest Tener Weir's well-managed company has battled through the 1930's without a deficit and last year, for the fourth consecutive twelve-month period, rated as top earner in steel. Rivals say Mr. Weir has trimmed prices; statistics say Mr. Weir has trimmed rivals...
...profit did not include the first nine months' earnings of Joseph T. Ryerson & Son, Inc., which would have added $691,000 to Inland's total. The Ryerson company was acquired last September. Inland, ably managed by Chicago's Block family, has rivaled National as a good earner in bad times...
Because the cotton came from a bonded warehouse, licensed under a Federal law passed in 1916, white man and Negro were indicted for Federal crimes. Jed Earner pleaded guilty, was sentenced to eight months in jail, was later released when Fred Hastings, who fought the case, got the law declared unconstitutional by a Federal judge. Last week Fred Hastings had famed counsel to plead his case before the top court of the U. S.: ex-Solicitor General James M. Beck...
That theft should be punished by a state, Mr. Beck heartily agreed, but that a theft could become a Federal crime because the object stolen had been in possession of a Federal licensee, he vigorously denied. Thereupon Fred Hastings, Jed Earner and Bale No. 407784 were forgotten. For the question of the Federal Government's licensing powers-on which rest AAA's marketing agreements, the Potato Control Act and many another New Deal project-had been raised. The debate was taken out of the hands of Mr. Beck and his opponent, Assistant Attorney General Joseph B. Keenan...