OCR Text |
Show news quiz Know your runt's? Each of the following questions counts 20. Score: 100. excellent: 80, good: 60, average; 40, poor; 20 or 0, tsk! tsk! v;rlW) I EOSTAUS Aiantie yyyA V I LAGUNILLAS I Pacific 1. Arrow on above map points to Lagunillaa, Veneiuela. It was in the news because: (A) the new U. S.-Venexuela trade pact was signed there; (B) 500 were killed In a flre; (C) a two-heaed baby was born there. 2. The Neva river, running through Leningrad, Russia, overflowed over-flowed Its banks although no dams or dykes were broken, and no rain fell. Russia blamed Finland. Fin-land. Why? 3. Thousands of trees uprooted In the 1338 New England hurricane hurri-cane have Just been disposed of. How? 4. What former senator from California recently boomed President Pres-ident Roosevelt for a third term? 5. Prince Frederick Wilhelm, youngest son of the former German Ger-man crown prince, was reportedly: reported-ly: (A) beheaded as an anti-Nazi plotter; (B) hinted as Adolf Hitler's Hit-ler's successor; (C) killed at the western front. (Answer at bottom of column.) CONGRESS: Annuities Exempted from social security are some 10.000,000 self-employed persons, agricultural workers and domestics, who thus receive no retirement re-tirement income at age 65. Also exempted are minor groups like sea-men. sea-men. At the next congressional session, ses-sion, announced New York's Sen. Robert Wagner, he will introduce a SENATOR WAGNER How much saved? government-sponsorea voluntary annuity an-nuity plan whereby anyone making the necessary payments can buy an annuity paying $1,200 a year at age 60 or 65, I t., $100 a month. The chief Wagner argument: That such annuities can be handled by the U. S. at a substantially lower cost than private Insurance companies. A high insurance executive, he said, had raised no objection to the plan. Nevertheless, critics got to worlf immediately. Though admitting private firms now make a substantial substan-tial profit, it was asserted the U. S. must use the same mortality tables and can therefore save no more than an approximate 2.1 per cent agent's commission on its annuities. Tax Fight Tax revision may be No. 1 on the congressional agenda January 3. A hint that not even the administration administra-tion knows what to do about it, appeared ap-peared when Acting Secretary of the Treasury John W. Hanes criticized the proposal of Marriner S. Eccles, federal reserve chairman, to adopt higher taxes and thus pay for next year's fiscal deficit. Commented Mr. Hanes: ". . .1 don't think he spoke for the administration ... I doubt if he spoke for congress . . ." INDUSTRY: Man With Stick When the justice department's Trust Buster Thurman Arnold shows his face, any well-trained Industrialist Industrial-ist rushes to get his books in order. or-der. Thus far Mr. Arnold's big stick has struck at the railroads, movies, building industry, aluminum, medicine medi-cine and many a lesser trade or profession. This month he struck again: At Los Angeles a federal grand jury indicted 41 major and secondary second-ary oil companies and two associations associa-tions on charges of conspiring to raise artificially and maintain gasoline gaso-line prices on the Pacific coast (Oregon, (Ore-gon, Washington, California, Arizona and Nevada). In this region, says the indictment, the defendants control con-trol 95 per cent of gasoline sales. |