The PanCanal Alumni Association presents the “2nd All Class Gala” on December 30 – 31, 2010, in Los Angeles, CA. Click on this link for details: PanCanal Alumni 2nd Gala Events
Latest Taxes 3rd September ( 1925 ) New figures have been published by Washington to provide an idea of Income Tax paid against income based on a married man with no dependents it also includes normal tax and surtax. Tax Income $22.50 $4,000 $37.50 $5,000 $57.50 $6,000 $87.50 $7,000 $127.50 $8,000 $167.50 $9,000 $207.50 $10,000 $557.50 $15,000 $1017.50 $20,000 $2317.50 $30,000 $4037.50 $40,000 $14,877.50 $80,000
The tax increases steeply after $100,000 to as high as 40%
Dow Reaches Peak of 381.173rd September ( 1929 ) The Dow Jones industrial average closed at 381.17, this was the peak of the bull market that had been increasing at a phenomenal rate in the 20's and only 1 month before the great stock market crash in October 1929 signaling the beginning of the great depression of the thirties.
Sir Malcolm Campbell Breaks World Speed Record 3rd September ( 1935 ) Sir Malcolm Campbell breaks the 300 mph set a new world record on the Bonneville Salt Flats of Utah with his 2,500 HP Bluebird and beat his own previous world record of 276.82 mph that he had set earlier in the year.
Typhoon Ike 3rd September ( 1984 ) Typhoon Ike with winds approaching 185 mph strikes the Surigao del Norte province in the southern Philippine island of Mindanao. The typhoon is thought to have killed over 3,000 and left more than 500,000 homeless in addition to completely destroying the countries staple crop of coconuts trees. The President of the Philippines, Ferdinand Marcos has refused all offers of assistance from outside the country.
Britain and France Declare War On Germany 3rd September ( 1939 ) In response to Hitler's invasion of Poland, Britain and France, declare war on Germany
