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April 23, 1938

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Headlines from April 23, 1938

RATES ARE SLASHED; Maximum on Retained Profits Cut From 32.4 P. C. to 19 P. C. ASSET GAINS RECLASSIFIED ' Long-Term' Deals, Covering 18 Months or More, Taxed at Flat 20 P. C. or Less Law Limited to Two Years Corporate Tax Summarized CONFEREES REACH TAX COMPROMISESE How the Groups Voted Held Triumph for Senate Doughton Hails Bill

By Special to THE NEW YORK TIMES

Fed tax bill conferees exempt mutual cos from undistributed profits tax

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LANDON ASKS FIGHT TO CHECK SPENDING; ' Articulate Citizenry' Must Call on Congress to Act in Time, He Declares LANDON ASKS FIGHT TO CHECK SPENDING Finds the People "Confused" Recalls Official "Admission" Cites Panic in Germany Holds Taxes as Only Check

By Unknown Author

Inflation experience cited by A M Landon

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WPA INQUIRY BEGUN INTO GUFFEY ACTS; Order Follows Appeal of John B. Kelly to Roosevelt Charging Political Coercion Margiotti Starts Inquiry WPA INQUIRY BEGUN INTO GUFFEY ACTS Quotes Earle on "Profits"

By special to THE NEW YORK TIMES

Margiotti starts inquiry; State Authority member defends McCloskey; McCloskey's bids for State Authority contracts scored by Guffey aide in face of Earle's pledge in May, 1937, that he wouldn't bid; again low bidder for boys' indus school contract

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Stalin, Supreme in Soviet, Seeks National Approval; With the Old Communist Party Ceasing to Function, He Starts New Campaign to Popularize One-Man Rule Party Congress Is Overdue

By Harold Dennywireless To the New York Times

Nominated to Georgian Sup Soviet

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FILM SHOWS BLAST BLOWING SUN AREA UP 600,000 MILES; Philosophers Gasp at Visible Record of Flames Spiraling Into Space on Sept. 17, 1937 FIERY RAIN THEN FALLS Mysterious Deluge Pelting Orb Depicted by SpectroHeliograph Process Earth Unaware of Upheaval Three Kinds of Fireworks FILM SHOWS BLAST ON SUN'S SURFACE Five-Day Hydrogen Cloud

By William L. Laurence.special To the New York Times

Prof S A Mitchell summarizes recent eclipse findings

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