Word: holcing
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Dates: during 1930-1939
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...York's Attorney General retaliated for the Port Authority levy by trying to collect State income tax upon the Federal salary of an attorney for HOLC (TIME, Nov. 28). Utah's Attorney General tried to collect on the salary of an RFC attorney. In each case, the State's high court ruled against its Attorney General. No one was surprised, for 120 years ago, in a somewhat similar case, McCulloch v. Maryland, U. S. Chief Justice Marshall ruled against Maryland saying: "The power to tax involves the power to destroy." This week the U. S. Supreme Court...
...appealed the case of James B. O'Keefe, an attorney for Home Owners' Loan Corp. in Manhattan, who had sued for and won in the State courts a refund of $57.28 collected from him by New York on his $2,246.66 HOLC salary for 1934. Attorney General Bennett argued that HOLC is but one of a "constantly mounting number of new operations which have come to be regarded as having some relationship to government," but are certainly not essential to the existence...
...houses, but Ellerslie Avenue's brick rows are more typical. The section chosen for the experiment comprises about 1,600 homes in 50 blocks, is bounded on one side by swank Guilford, on the other by Baltimore's Municipal Stadium. In cooperation with the Baltimore Housing Authority, HOLC will make a survey to find out "what is necessary to fortify and secure residential values . . . and provide a pattern which can be applied to communities throughout the country." Cost of the survey will be $25,000, of which WPA has been asked to put up $14,152 in wages...
...survey will involve appraisals of every house as to present value and cost of needed repairs. HOLC figures that financing such repairs would make its mortgages more secure, give mortgage companies more scope for investment, reward the city with sounder tax values, besides assisting the building industry, raising the local standard of living. Boasts HOLC's Maryland Director Herbert L. Grymes of his reconditioning division: "For every dollar we have spent in improvements, the properties have gained $2.44. . . ." Last week the U. S. Government also did the following for and to U. S. Business...
...labels.) This proposal angered both regular party organizations because it meant depriving one of them of a place on the ballot. The Republican organization put up Milwaukee Manufacturer Julius Heil. Democratic chieftains and the State New Deal machine got behind young Jerome Fox, who resigned his job as an HOLC attorney to make the race as a Roosevelt man. Coalitionist Henry, no New Dealer and deeming the Republican nomination better than the Democratic, thereupon called on his Democratic supporters to vote for him in the Republican primary...