HIGHER TAXES IN U.S.
SENATE COMMITTEE APPROVES WASHINGTON, Adg. 19. t e Senate Finance Committee yesfjmay approved the bill to increase ln the United States by 6,000.000.000 dollars. The increase was requested by president Truman to meet the cost of me Korean war. and his programme °f partial mobilisation. it is considered certain that . the W *R quickly endorse the committee's action, and that the House Representatives will follow suit. ine bill will increase individual ingjme taxes by about 3.000.000,000 dol-
Schiaparelli Fined £5O. — Elsa Schiaparelli, the famous Parisian fashin ! x ? ert - was fined £5O at Grasse to declare United States currency found in her baggage by trench customs officials. The currency Was confiscated —Paris. August 18. Cotton Consumption.—The world consumption if cotton for the oofvL en ded on July 31 was more than «*<ooo,ooo bales—the highest for a postv? r .7 ear This was announced to-day fix the International Cotton Advisory Council.—New York, August 19.
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Press, Volume LXXXVI, Issue 26196, 21 August 1950, Page 7
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156HIGHER TAXES IN U.S. Press, Volume LXXXVI, Issue 26196, 21 August 1950, Page 7
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