Word: laguardias
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Informed that Nazis have picked Vienna to supplant Paris as world's fashion centre, New York's style-minded Mayor Fiorello H. ("Little Flower") LaGuardia grinned: "I think that indicates that they expect to control everything, if they win. I would refer that matter to Senator Wheeler...
Followed by tail-coated plenipotentiaries, duck-bottomed Fiorello H. LaGuardia last week borrowed a nickel, pressed through the turnstiles into the subterranean maze. Donning a conductor's cap, he posed at the controls of a shiny new train, then settled back with proud satisfaction as it slithered off through the spotless white tunnel which even smelled clean. Manhattan's Sixth Avenue Subway had been opened...
...week's end the amiable, rumpled Marquess of Lothian, returning to his post after a visit to Britain, stepped off the Atlantic Clipper at LaGuardia Airport, a dispatch case in his hand, England's problem on his shoulders. The British Ambassador told newsreels, reporters...
...urged that Governments should reform their accounting, model it on that of corporations by segregating capital expenditure from operating expense. Two years ago. Economist Tugwell worked up the first annual capital budget for New York City ever used by any American Government. Since the most popular achievement of the LaGuardia administration has been spending for overdue public works (roads, tunnels, parks, airports, etc.), a budget that would set these up as assets was right down the Little Flower's alley...
Planners like Tugwell have been batting up a novel solution to this problem: abolish local real-estate taxes altogether. Property owners would pay just an income tax, and that to the Federal Government. Even cautious politicos like LaGuardia have been intrigued. Last winter he told the New York Board of Trade he wanted just one big tax collector -the Federal Government. The taxes it collected from each city and State would be allocated back to them on a kind of credit system. Workable or not, this kind of arrangement would do two things: it would stop the tax race between...