Cinema: Schenck Plan

Happy squeals to the effect that the cinema industry might leave California have been heard from Florida since before the real estate boom of 1923-26. Disgruntled threats to go to Florida have been heard from the cinema industry every time California proposes a new tax on cinema production. Last week the California Legislature was considering a 35% income tax that would affect all cinema studios. President Joseph M. Schenck of United Artists, accompanied by wily little Alfred Cleveland Blumenthal, real estate man, boarded a Manhattan plane for Miami. In Miami, Producer Schenck,...

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