February 9: ON THIS DAY IN HISTORY
ON THIS DAY IN 1913, the Brooklyn Daily Eagle reported, “Work is to be commenced at once on a bill imposing a tax on incomes, under the constitutional authority now provided. Five thousand dollars will probably be the minimum income taxed, and the rate will be graduated upon larger amounts. The new constitutional amendment is sweeping, authorizing taxation upon incomes ‘from whatever source derived.’ The corporation tax will be abolished. As the limitless possibilities of the income tax as an economic measure are realized by the dominant party in Congress, the work of the Ways and Means Committee in writing moderate tariff legislation becomes more difficult. Deprived, in a large measure, of the claim that duties upon raw materials are necessary to raise revenue, since the income tax will furnish a plenty, the moderationists find themselves assailed vigorously by the radical element in the House, demanding free sugar, free raw wool and free lumber.”
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ON THIS DAY IN 1920, the Eagle reported, “‘The Romance of Aircraft’ (Frederick A. Stokes), by Laurence Yard Smith, is precisely what the title suggests. The story of the conquest of the air, with its world-war chapters, is romantic in the highest degree, and the author writes with due regard for its striking interest. Beginning with the Blanchard hydrogen balloon, which rose in Paris in 1784, the first really notable ascent of such a ship in history, he notes that in January, 1785, the same Blanchard, and Dr. Jeffries, an American physician, sailed across the English Channel from Dover. The latter was the first long balloon voyage … It may surprise Americans to know that balloons were used to good purpose for observation work in the Civil War, and that they assisted the army of the North to keep an eye on the movements of the Confederates around Richmond.”