Decatur Daily Democrat, Volume 18, Number 4, Decatur, Adams County, 5 January 1920 — Page 3

♦ 4>* + + + + + + + + + + + + . I . ♦ INCOME-TAX FACTS + ♦ YOU SHOULD KNOW * ♦♦♦♦♦++++++ ++++ * In mailing out his income tax fo- ln I Mr 1919. thximyer must report the foilowirtg items under gross income Saluriee, wages. au<t commission fm-j (Mntcnal Services, including bonuses Interest received on notes un <l d< posits in banks, Including saving Mink CHICHESTER S PILLS The liuunu isu.i SvJXj tX - V ? SOLD BY DRL’GGiSTS EVERYWHERE

Mecca Theater Tuesday and Wednesday *1 Gpt vt'>-I.Ww 'Maty Pickford m "Tlio Hoodlum" “Heart o’theMT Featuring “ MARY PICEFORD ” Matinee and Evening AdmissiorlOc and 25c -^-- *' ■■■■ . -"- ' ' —-—•—

■■ ■■■■■" JL- - - —= /VT? * irtni' 1 U I ’’fSh I 1 wHON K! m, T ‘* eu3 ® a W2> j-. - ~ ~—- --r-W imwiwilfr i]||||.-L~i|i||inri|iiriii ni~iFirw ' ThgT?hTo' Way" , , ABSOLUTELY Guaranteed | ( SAVE 3or 4 Dollars a Barrell I As we are jiving you advantage of 8 in order to introduce . ur. Makes Bread like fore ' rries a written guarank, if not satisfied bring ,ck and get your money rroll & Son

Dlvidens on stork div ideas 1,111,1 "nt of cumin«lr r<,fl ’ N accnr - i ■d "if" March 1 lib. “ ro , lh "i dividend!* arcEei* 1 "’ b " diM ” 'flhnted out or tl.Btv rw'-ntly «<•- ' llllllll;|h»(| l-;|I'll 111 Profits roceivetKw ,be Ku, “ " r property. ion | or p, t-n' 1 - ls th « property was >*air< ha*"* prior t-> March I, 1013, ,R baHprt on diir-imeo u<w-. '»•« **•»•« P' i''’ and the Jr L pt pri '" 01 ill is or .Marcfl 1 ld :l> Profits Oils’ c> Trades. I Profits from .|6< i 0 rb *‘ t transactions. ■ Income i,.<-,. j «<l W» fiduciaries, I'li.it is iimounti^B<‘ i *i ,fi d from iu Ironies of estaieStrud*- Ptl '’' through li'iistecs, ndminlfhann. or executors.

DECATUR DAILY DEMOCRAT, MONDAY, JANUARY 5, 1920.

Partnership profits; partnerships us null, are not subject to the Income tax. Iml oiicii individual partner must pay a tax on the Income from siidi partnerships Royalties from mines, oil. and gas wells, patents, copyrights, and franchises. Items Not Taxable Tli'' following items are not tillable and me<| not be included in thfl return: I’ropc rty received as a gift by will or by Inheritance. The income from such property, however, is taxable. Proceeds of life insurance policies. Returns of premiums on life insurance , endowment, or annuity contracts. Amounts received through accident or health insurance or under work tuen's compensation acts, plus the amount of damages received, wheath-: re by suit or agreement. Interest on obligations of any State.' or any city, town, county, or village and the District of Columbia. Interest on obligations of the United States Is exempt from tax, except that Interest * on obligations issued after September 1. 1917, it is exempt only to the extent provided in the Liberty Izmn' acts. Interest on the sMeuritlea Issued under the provisions of the Federal farm loan act of July 17. 1916. Amounts received during the war Iby persons in active military or ! naval forces up to |3,300, in addition. to personal exemption. Interest on Liberty bonds to the par value of J 5,000 is exempt from all taxation. Holders of large amounts of Liberty bonds are advised to consult their banker or collectors of internal revenue as to their exi emptions. Living Expenses Not Deductible The law expressly prohibits the deduction of personal or living expenses These include rent, wages of servants, Tost of food and clothing for family, upkeep of automobile ufted for pleasure or convenience, education of children, and similar items. Income spent during the year 1919 for any of these items is subject to tax. Shipyards of the United States built 143 vessels in November.

FARMERS FRIEND ONRESERVEBOARD H. A. Moehlenpah New Appointee, Long Interested in Agriculture. representscoOntrybanks “X'“ Ha* Been Active In Encouraging Rural Development and Introduction of Better Farming Method*— Self-Made Man. Appointment of H. A. Moehlenpah of Wisconsin to the federal reserve board establishes a link In the banking sys- | tem of America which connects the I great commercial and agricultural Interests and serves to create a sympathetic understanding between the various factors in the financial organization of the nation. I For Mr. Moehlenpah was essentially a country banker—a big one and an Infiuentlul one, to be sure—hut nevertheless a fanner's banker and a banker representing and understanding the i needs and problems of agriculture and 'of the small bank. He takes to the feleral reserve board, which of course, I stands at the head of our financial I system, a profound knowledge of what ' Is required in the way of financing for the agricultural interests of tlds country. Since 1803 he lias been connectI ed, first us cashier and later as presl- | dent, with the Citizen's Bank of Clinton. Wls., an institution of SSO,(Mt capital. Within the last ten years he has organized and operated two large Institutions for the handling of farm * r Kt JI arf ■ -wie lv - -jw Ah- ■• - " x " A 1 !$&& -- a i Lt fcL.'&j H. A. Moehlenpah. loans. The first of these Is known fia the Wisconsin Mortgage and Securities company and lias a capital stock of $200,000. It was organized in 1914 and during the first five years of its existence it made loans to sixteen hundred farmers aggregating five millions of dollars. The second of these institutions is known as the Bankers’ Joint Stock Land Bank of Milwaukee, organized in 1918 under the federal farm loan act, with a capital of $250,000. This Institution now has about seven hundred loans iu effect totalling $3,000,000. Understands Farmer's Needs. While these facts show the financial relation of Mr. Moehlenpah to agricultural interests, they barely hint at his great activity in behalf of the farmers for he was active in Wisconsin and at Washington, D. C., in behalf of the legislation which resulted in the passage of the farm loan act. His last work in Wisconsin before going to Washington was that of getting under way the organization of a cattle loan company for the purpose of financing the movement of pure bred stock from southern Wisconsin to northern districts of that state. He had been active for many years encouraging better farming and Ims been identified with many movements like grain contests, exhibitions in rural schools, formation of country development associations aud educational excursion* made for the purpose of intnxiuclng pure bred stock and pure bred seeds. Many times he has been chairman of the committee for such work in charge. Knows Big Policies. However, Mr. Moehlenpah is not merely a country banker. He is one who understands the larger aspects of finance and is able to think of financial problems in large units. He was a considerable factor in the discussions of the federal reserve act before It became a law and perhaps more than any single Individual was responsible for the endorsement of this act by the America • Bankers’ association. When the federal reserve act was before congress. the American Bankers’ association called a conference In Chicago of the bankers of the country for the purpose of securing suggestions for amendments It was felt would be needed. Represents Country Banker*. As a result of that conference, Mr. Moetileapah was appointed a member of a committee of fifteen representing the bankers of the United States. He represented the country banks, all the other members being large city bankers : A. P. Hepburn, New York; W. A. Maddox, Atlanta, Ga.; J. B. Forgan and G. M. Reynolds. Chicago and others. .

i A mm*t 4t»ah 1 * . w *s hit moke ’ ~ "Put us down for a strike’’ -—Chesterfield YOU know what you’ve always wanted a cigarette to do. Chesterfields do it. They satisfy. It isn’t just that Chesterfields are made of fine tobaccos, though we use the choicest Domestic leaf, together with several varieties of costly, aromatic Turkish— real Turkish that comes from Turkey. —but that these tobaccos are put together right by an exclusive process that brings out the very cream of tobacco goodness. No other blend is like it, or can be, because the Chesterfield blend is based on our private formula. It cannot be copied. And talk about value! We like to have Chesterfields matched against the cigarette that claims better quality because of higher price! A© H@ ® IT 1 —and the blend can’t be copied

The Cloth Hall and Cathedral at Ypres will not be restored if the Gel-! Kian Congress of Archetects havei their way about it. The ruins will be kept as a perpetual reminder of the terribleness of war. I On a voyage of 110 days during the war, a single ship earned 1800,000, so high were ocean transportation rates, according to testimony given a Senate committee. THISIRSE _ADVISES Women Who Are 111 To Take Lydia E. Pinkham’s Vegetable Compound. East Rochester, N. Y. —“I have used Lydia E. Pinkham's Vegetable ComI pound for several years and think it fine. lam a practic a 1 nurse and when I get run down and nervous 1 take , the Vegetable Compound. I also have trouble with my bladder when I am on my feet and) Lydia E. Pinkham’s Sanative Wash relieves that. I have recommended your medicine to several young ladies who have all benefit ed by it."-Mrs. Agnes L. Bellows, 306 Lincoln Rd., East Rochester, N. Y. Young women who are troubled with painful or irregular periods, backache, headache, dragging-down sensations, fainting spells or indigestion should take Lydia E. Pinkham’s Vegetable Compound. Thousands have been restored to health by this root and herb remedy. Write for free and helpful advice to Lydia E. Pinkham Medicine Co. (confidential), Lynn, Mess. Women only open, read and answer such letters, •

Luther Burbank 1h under contract i with Japanese silk manufacturers to I produce tor thema superior mulborrj' i tree Potash, heretofore a German monopoly, will be produced in France m ; sufficient quantities to supply the recuireinents of the United States for the coming spring.

t I 1 g m*s An, wMMI te, Jb hi * m Build your financial affairs on a strong foundation bv opening an account at this Bank. No man jumps to success at one lea]). It is a matter of careful, thoughtful, painstaking effort. Financial success demands an' adequate Banking connection. You can start it here; the sooner, the better, for your own welfare. LI J ■ Ihl ILlu KI til IKI I’l >TOI I I

Enermous quantities of German . manufactured goods are being received in England without the "Made ’ in Germany’’ stamp. The Union of Mine Workers of Germany has increased since the outbreak of the war, from one hundred thousand to four hundred thouI sand.