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June 26, 1930

Revisit the news, notable people, and historical moments connected to this date.

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Headlines from June 26, 1930

VETERANS' BILL GOES TO HOOVER AS HOUSE PREPARES NEW ONE; Longworth and Aides Clear Way to Sustain Veto Which They Expect Today. JOHNSON HAS SUBSTITUTE Measure Will Cost $50,000,000 the First Year in Pensions of From $12 to $40 a Month. 200,000 TO GET BENEFITS Movement Starts in the Senate to Demand $60 as the Maximum Monthly Payment. Outlines Substitute Bill. Senators for Higher Figures. VETERANS BILL SENT TO HOOVER BY HOUSE Bill Is Sent to the Treasury.

By Special to The New York Times

House accepts Sen amendments; bill sent to White House; veto expected; Repr Johnson prepares substitute bill

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SHADOW OF DEFICIT CONCERNS TREASURY; Heavy Income Tax Collections Are Expected Up to Jan. 1, Then a Slump Is Likely. ANY EXTRA OUTLAY A PERIL Second Half of Next Fiscal Year Is Thought Certain to Show a Drop in Receipts. Slump in Collections Looms. Declines in Other Sources. SHADOW OF DEFICIT CONCERNS TREASURY Debb Payments Increase Surplus. Further Debt Reduction Planned. Standing on Receipts for the Year.

By Special to The New York Times

Govt heads fear surplus at end of fiscal yr 1931 is fading

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Notable Births

Jackie Fargo

1930Jackie Fargo, American wrestler and trainer (died 2013)[†]

Henry Faggart was an American professional wrestler, better known by his ring name Jackie Fargo. He competed in Southeastern regional promotions and the National Wrestling Alliance during the 1950s, 1960s and 1970s.

Wolfgang Schwanitz

1930Wolfgang Schwanitz, East German secret police (died 2022)[†]

Wolfgang Schwanitz was a German intelligence official, who was the last head of the Stasi, the East German secret police. It was officially renamed the "Office for National Security" on 17 November 1989. Unlike his predecessor, Erich Mielke, he did not hold the title "Minister of State Security", but held the title of "Leader of the Office for National Security". Following the German reunification, he was active as an author of works that sought to portray the Stasi in a positive light.