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Story
October 30, 1951
The Daily Express
Dayton, Montgomery County, Ohio
What is this article about?
Joe Louis, former heavyweight champion, intends to keep boxing despite recent TKO loss to Rocky Marciano and $100,000 tax debt, delaying IRS settlement that requires retirement. He plans to announce after Japan exhibition tour.
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OCR Quality
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Full Text
CHICAGO, Oct. 30 (INS)--The Chicago Herald-American said today Joe Louis intends to keep on fighting.
Sports writer Wendell Smith said Louis told him of his desire to continue in the ring.
The former heavyweight champion now is headed for an exhibition tour of Japan.
Louis was the victim of a technical knockout at the hands of Rocky Marciano in New York last Friday.
Smith's story said Louis is not yet convinced that he should retire and added:
"He says he will announce his intentions upon his return from Japan. That is merely a stall on the part of the ex-champion. He has definite fighting plans for the future."
"Louis thinks he still has enough left to win the heavyweight championship."
Meanwhile, Louis' possible compromise settlement with the federal government over income tax indebtedness appeared to be delayed indefinitely because of his reluctance to quit boxing.
Chicago area Internal Revenue collector John T. Jarecki said a compromise is possible if Louis retires and proves inability to pay the back tax in full. Jarecki declined to disclose the amount Louis owes for 1947 and 1948 but reports say it totals nearly $100,000.
Sports writer Wendell Smith said Louis told him of his desire to continue in the ring.
The former heavyweight champion now is headed for an exhibition tour of Japan.
Louis was the victim of a technical knockout at the hands of Rocky Marciano in New York last Friday.
Smith's story said Louis is not yet convinced that he should retire and added:
"He says he will announce his intentions upon his return from Japan. That is merely a stall on the part of the ex-champion. He has definite fighting plans for the future."
"Louis thinks he still has enough left to win the heavyweight championship."
Meanwhile, Louis' possible compromise settlement with the federal government over income tax indebtedness appeared to be delayed indefinitely because of his reluctance to quit boxing.
Chicago area Internal Revenue collector John T. Jarecki said a compromise is possible if Louis retires and proves inability to pay the back tax in full. Jarecki declined to disclose the amount Louis owes for 1947 and 1948 but reports say it totals nearly $100,000.
What sub-type of article is it?
Biography
What themes does it cover?
Fortune Reversal
Misfortune
What keywords are associated?
Joe Louis
Boxing Comeback
Heavyweight Champion
Tax Debt
Rocky Marciano
What entities or persons were involved?
Joe Louis
Wendell Smith
Rocky Marciano
John T. Jarecki
Where did it happen?
Chicago
Story Details
Key Persons
Joe Louis
Wendell Smith
Rocky Marciano
John T. Jarecki
Location
Chicago
Event Date
Oct. 30
Story Details
Joe Louis expresses desire to continue fighting after technical knockout by Rocky Marciano, plans announcement after Japan tour, believes he can regain heavyweight title; tax settlement delayed due to reluctance to retire.