ITEMS OF INTEREST April 29, 1911 Issue

ITEMS OF INTEREST

Steady progress is being made by the income tax amendment to the United States Constitution. States that were at one time unfriendly are showing an inclination to favor the amendment. Last year, for instance, Massachusetts rejected it, but there is now an even chance that it will adopt it this year. New York is showing a like intention. Arkansas has reconsidered its action of last year when the amendment was rejected and recently the state Senate voted to ratify the amendment. Florida is coming into line. Thirty states have now adopted joint resolutions to ratify, as follows: Alabama, Indiana, Georgia, North Dakota, Colorado, Washington, Illinois, Iowa, Oklahoma, California, Michigan, South Carolina, Wisconsin, Idaho, Arkansas, Maine, Maryland, Missouri, Kansas, Nevada, Ohio, North Carolina, South Dakota, Montana, Tennessee, Kentucky, Mississippi, Nebraska, Oregon, Texas.

Secretary Knox will soon renew his efforts to effect the ratification of the treaty between the United States and Honduras providing for a refund of the public debt of that republic. This treaty was signed several months ago and was submitted to the Senate for ratification several months before the expiration of Congress on March 4. It failed of ratification. The convention was intended to refund the public debt of Honduras and place that country on a firmer financial basis. The claims of foreign bondholders were to be paid by means of a ten-million-dollar loan to be furnished by a syndicate of American bankers. The loan was to be repaid by setting apart periodically a portion of the customs revenues of Honduras.

A "back to the farm" bureau will be opened in Boston May I and will be under the control of the New York, New Haven & Hartford, the Boston & Maine, and the Maine Central railroads, its title being the New England Lines Industrial Bureau. Its object will be to promote every form of industry, particularly farming, fruit culture, dairies, and factories.

Send a comment to the editors

NEXT IN THIS ISSUE

Article

THE NEED IN EVERY HOUR