The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1935-06-28
Review Of Current
Events the World Over
President Offers Higher Tax and Wealth Reduction Pro.
gram--Social Security and Wagner-Co nnery
Bills Passed.
BY PIcKARD
, Westeln Nevapapsr ONION.

Moore Of New Jersey, Democrat. and
Hastings Of Delaware, Hale Of Maine.
Metcalf Of Rhode Island. Austin Of Yer
mont and Townsend Of Delaware, Re
publicans. This social security meas
ure will affect about 3O,OOO,OOO bene-
ficiaries In. the immediate future and
BY 1880, It is estimated, win cost the
federal government more than 5000
100000 q year.
These are its main features:
!. An appropriat, n OF SOS. 1000
for the fiscal year 1886, including $49,-
10000 for grants In aid to states for
old age assistance. In addition there
are authorized annual appropriations
for the old age reserve fund, graduate
ed from $255, 100000 In 1884, TO s2,1SO,.
100000 In 1880.
2. Income tax on employees and ex-
else tax on employers, for old age
benefits, beginning in each. ease at 1
per cent Of the pay roll In 1887 and
reaching the maximum Of 3 per cent In
1919. In addition there is q pay roll
tax on employers for unemployment
insurance: beginning at 1 per cent in
1885, increasing to 2 per cent In 1897,
and to 3 pei. cent, the maximum, In 1925.
g. Grants In aid to states. onia match
Ing Basis for assistance to persons six
ty-fiye or older, the governments con.
tribution not to exceed SIS per month.
f. Old age benefits after January l,
1912, ranging from $40 to .$85 per
month, depending upon the total
amount Of. wages earned after Deem.
Der ], 1885, and before reaching sixty
five years Of age.
|. "A 30 per centseredit to employers
for taxes paid into state unempioy-
ment insurance. funds, the other 10 per
cent to be apportioned among the
states for administration OF their un-
employment insurance laws. :
6. Grants In aid to states for aid
to dependent children, the federal gov
eminent putting mp 81 to the states
81. An appropriation Of $24.750,O0O Is
authorized for the fiscal year 1885.
Z. Grants In, aid to states on an
equal matching basis for maternal and
child health services. An annual. APP
preparation Of s.. 5000 is authorized.
8. Grants In aid to- states nm. an
equal matching basis for the care OF
crippled children. An annual appro-
priation Of $2,S5O.000s 81 iauthorized.
8. An annual appropriation Of ST.
100000 through the ,~children's bureau
for aiding state puhlfc1welfare agen.
cies in the care Of homeless or neglect.
ed children.
10. An annual appropriation Of ST.
$4,000 to be apportiened among the.
states for vocational rehabilitation.
II. An annual appropriation OF S.
100000 to be apportioned among the
states for public health services.
~. Grants in aid to states or an
equal matching basis for assistance to
the blind. An annual appropriation Of
So, OOO. 900 Is authorized.
13. A, social security board Of three,
members In the Department OF Labor.
to he appointed by the President, each
member receiving $4,000 aSyear.
ECREAT BRITAIN's realistic govern
NJ ment finds the best path toward
general peace In Europe II Cancellation
Of Germany. 30 It has yielded to Hit
ler's naval demands and concluded q
bilaferal pact with the reich, disre
garding entirely the desires and fears
of France. The agreement acknowf.
edges Germany's right to build a fleet
mp to IS per cent Of the tonnage of
the British empire, and, what is more
important. permits Germany As per
cent. and II certain circumstances,
parity with the empire In subRia.-
rine tonnage, Submarines were forbid
den to Germany BY the treaty Of Yer.
LIVING =. MITCHELL. whom Pres.
- fdent / Roosevelt ousted from the
position Of assistant secretary Of COM
merce because he could not work in
.assaaus..sasssssssma harmony with Secre-
tary Roper, retaliateda
N5 with public charges
+ that special inter
~ este dominate the.
- Commerce department.
He cited especially q
asgoyerhment contract
( twithrthe United States
liues for the perma.
Snept lay-up Of the
steamship Leviathnn.
~ ~sssns. asserting that II was
against the public -ips