Muncie Post-Democrat, Muncie, Delaware County, 11 September 1931 — Page 2

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Friday, September li, 1931.

THE POST-DEMOCRAT locntlc weekly newspaper representing the Democrat* of Mnneie, Delaware County and the 8th Congressional District. The osly Democratic Newspaper In Delaware County.

it the PoetoMo*

C-r-a-s-h! An Involuntary Bath!

Bntered as second class matter January IS. 1921 at Knncle. Indiana, under the Act of March I, 1879.

PRICK * CENTS—K2.00 A YEAR

228 North Elm Avreet—Teleohone 2540 CHARLES H. DALE, Publisher. Geo. R. Dale, Editor.

Miincie, Indiana, Friday, September 11, 1931.

Less Wheat Acreage Preliminary reports gathered by the United States department of agriculture, it is understood, indicate a considerable shrinkage in the acreage to be seeded in winter wheat. The contraction is influenced by prevailing low prices for this year’s harvest. The crop not only having failed as a reasonably profitable undertaking, but having been produced widely at a loss, growers either will leave certain land areas idle or use them for other purposes. The uncultivated tracts ordinarily will be those where the soil is ill suited for grain farming, unless the prospective earning on its average yield is a large one. These marginal tracts, brought under the plow during the abnormal demand for wheat in the world war period, have been a considerable factor in contributing to an unwiedly surplus in late years. Private advices received by crop agencies are the basis of a forecast that the winter wheat area may be less this fall than in the preceding autumn by an average of 16 per cent. Applied to all the producing states, that would mean a total of 35,000,000 acres against 42,250,000 in 1930. The average yield expectancy would be 465,000,000 bushels, compared with a current production of a^out 775,000,000. If the department of agriculture data bear out these calculations, the farm board will have witnessed a long step toward fulfillment erf its recommendation that acreage be reduced to a point where, normally, the output will be approxmiately sufficient to meet domestic requirement alone. The statistics cited, of course, refer to winter wheat only. The northwestern spring wheat territory is not included, since intentions as to sowing there will not be made apparent in a definite manner until early in 1932. Should a noticeably enlau&ed export demand develop soon, and reduce the huge carryover from the crops of the last two harvests, the reduction in seeding may be less. All the recognizable factors in the situation, though notably that of market quotations, give sustance to the reduction trend. An Object Lesson for All Here is something for the tax assessors to think about: According to the Chicago Tribune, only a fourth of the owners of personal property in Cook county, Illinois, are as.sbssed for taxes and fewer than a fifth of those assessed pay anything. Those who pay are only 4.99 per cent of the owners. In Chicago only one out of fifty owners of personality pay. In the country town, one pays out of each five owners. Thus, of the owners of personal property, ten times as many pay in the country towns as within Chicago. These are some of the deductions obtained from a study mad'' of the 1929 taxes by County Treasurer Joseph B. McDonough. Rural members of the Illinois Revenue Committee have urged a vigorous enforcement of the personal property laws, while some Chicago members have urged that a strict enforcement would drive personal property out of Chicago. If ten times as many pay personal property taxes in country towns as in Chicago, a good way for the state to collect on Chicago personal property now escaping, would be to drive it out of the city into the country where it could be checked up. This tax situation undoubtedly applies to other states. Before new methods of taxation and increased tax burdens are heaped upon already over-burdened taxpayers and industries, a determined effort should be made to round up the property now failing to pay taxes but which is liable to payment under our existing tax laws.

Here’s a remarkable picture of a crash of two speedboats during the trials in the President’s Cup regatta on the Potomac at Washington,

D. C.

Hunter Grimes is^ shown hurtling from his craft as of the speedsters collided. He was slightly injured.

two

A1 Smith Not Joins Farm Board Ready to Announce,

Army Gridders Start Early

New York, Sept. 10—(UP)—For mer Governor Alfred E. Smith Democratic candidate for the pres idency in 1928, is not ready to an nounce whether he will be a can didate for the Democratic nomina tion next year. Smith today denied persistent reports that he has definitely decided to withdraw from the 1932 race. “I have given no interviews on the subject,” he told the United Press, “I have written absolutely nothing about it, and I have nothing to say about it at this time.”

Smuggling Ring In N. Y. Smashed

New York, Sept. 10—(UP)—Several well-known lawyers and a score or more of government employes were reported facing arrest last night after government officials had smashed an alleged $20,000,000 alien smuggling ring, said to have been in operation for 10 years. Accoring to information gathered by department of justice agents, 1 the ring has been responsible for the entry into this country of more than 8,000 undesirable aliens during the time it has been operating. | Ninteen persons have been taken 1 into custody so far and it is expected that grand jury indictments will be returned against at least 15. Members of the ring, it is alleged, used automobiles, fast motorboats and even airplanes to smuggle in aliens and even, at times operated through an agreement with liquor runners on rum row.

No finer entertainment — no greater thrill no deeper understanding of life^-has ever been conceived by human mind.

Candidates for the Army eleven are already working out daily at West Point and Major Ralph Sasse (left), head coach, and Capt. Jack Price (right) are busy whipping the rookies into shape. Looks like & big season for Army, according to the optimistic reports irom the Military A^ndemy.

Fighting “Twisting” By Law Every citizen should be on his guard against “twisting” a sales approach of unscrupulous life insurance agents. The aim of the twister is to dissatisfy a prospect with his present pdlicy in order to sell him one in another company. To do this he employs half-truths and downright misleading statements, in the hope of personal gain. And in almost every instance the policyholder is the loser if he consents to the change. The state of Texas has made twisting illegal by law, and now the superintendent of insurance of the District of Columbia is seeking legislation to permit suspension or revocation of the license of any agent guilty of this pernicious practice. It is to be hoped that all states will follow these leads. The owner of a policy in any responsible company cannot gain by switching to another concern. He loses the cash value of his policy and borrowing privileges, he must often pay a higher rate because of advanced age, and the new company may not be so sound as the old one. To millions of workers, life insurance represents the sole savings of a lifetime, and the twister should be prevented from taking advantage of those who are too ignorant or too careless to guard against him for themselves. More for the Road Dollar It is estimated by the Federal Bureau of Roads that expenditures for highways will reach the record total of $2,500,000,000 in 1931. We are now getting more for our road dollar than ever before, in rural localities. There is an increased tendency toward constructing moderate cost, secondary farm or feeder roads having mud and dust proof surfaces. These have been made possible by the modern application of asphaltic road oils. Only in this way can farming regions be taken out of the mud and given good, safe roads on a large scale.

FORD TO GIVE 50,000 WORK IN SEPTEMBER

Detroit, Sept. 10.—The Ford Motor company, which on August 1, sharply curtailed its manufacturing force, today announced that between 15,000 and 25,000 men had been ordered to return starting September 8. Officials of the company said they expected 50,000 men to be recalled by the middle of September. The company made no announcement of any change in the three-day-a-week working schedule which has been in i effect for many months.

The newest member of the Federal Farm Board is James B. Madison, ; of Charleston, W. Va., appointed’ by the President to succeed Floyd B. Harrison, resigned. Mr. Madison is a banker and 42.

Big Bond Issue Is Oversubscribed

Washington, Sept. 10.—(UP)— Sercretary of Treasury Mellon announces that the recent $800,000,000 long term bond issue designed to tide the government over the present deficit, has been oversubscribed by more than $140,000,000. The issue ,which was generally interpreted as the administration’s plan for meeting the treasury deficit without tax increases, has been violently attacked in many quarters by advocates of additional taxation. Secretary Mellon, in his statement said that subscriptions for the bonds under $100,000 were be,ing allotted in full, but that larger subscribers had been allotted only a percentage of the amount desired.

New Speed King Crowned

Samuel Untermyer says $60,000,000 has been wasted in the $800,000,000 subway project in New York, which sounds like great self-restraint and forbearance on the part of Tammany and the contractors.

The government is organizing unemployment relief. Well, something had to be done now that A1 Capone might not run his free soup kitchens this winter.

Molecules, a scientist says, are as much smaller than a

^chances o/gettinga rST ^ ^ ** te

Winning the Thompson Trophy with comparative ease, Lowell Bayles, «f Springfield, Mass., was crowned king of the speed pilots at the Cleveland air races. Bayles flew his Gee-Bee racer at an average speed of 236.239 for the hundred miles. This was more than 35 miles

Smart men are checknig clothing values fall

There is so much price clamor nowadays that men are going to be exceedingly critical in choosing their fall garments. We’ve maintained our price at $22.50, but are giving you at this price clothing comparable in every detail to that which last year sold for $35 and $40. ... We present the greatest degree of value-giving in years ... at $22.50 And We Urge You To Check This Clothing With Any in Town.

The Home of Friendly Five Shoes, $5

New Fall Furnishings at New Low Price

Style Park Hats, $5

KING’S Clothing Co.

Walnut and Jackson St.