Decatur Daily Democrat, Volume 27, Number 287, Decatur, Adams County, 4 December 1929 — Page 6

PAGE SIX

NEW PLAN TO t AID SCHOOLS — I Inheritance Taxes May Be Converted To State-Aid , School Funds htdianaiiolis. Pec. 4.— (U.R) —Divers- ’ ion of inheritance taxes from the gen- 1 i oral fund to state aid schools was regarded at the statehouse today as a ( possible means of relieving the bank- I nipt situation now existing among : some of these school*. According to reports reaching Roy I P. Wisehart, superintendent of public i

PUBLIC SALE As I have rented my farm. I will sell at public auction at my farm, located 1 mile soutii, 2L. miles east of Monroe, or 5 miles north and 2% miles east of Deme, on FRIDAY, DECEMBER 6, 1929 Commencing at 10 A. M.—The following described property to wit: 3—HEAD OF HORSES—3 Team of Sorrel Mares, 7 and 10 years old, both in foal, weighing 8,400 lbs., extra good workers; one 2-year-old Roan Mare Colt, broke. 3—HEAD OF CATTLE—3 One Holston cow. giving good flow of milk; one spotted cow, giving good flow of milk: one Red cow. giving about 2 gallons a day. 14 HOGS—One Duroc Sow, 4 years old. full blooded; 1 Duroc sow, 3 year old, eligible to register; 1 grade sow, Duroc and Poland China; 3 Spring Cilts, full blooded Durocsj 8 Fall Pigs. CHICKENS—3 dozen English White leghorns, 1 year old hens. HAY AND GRAIN -About 3 ton second crop hay; several hundred bushel good solid coni in crib; about 200 bushel of oats in bin. FARM MACHINERY Fordson tractor and Oliver tractor plow, in extra good condition, been out less than 3 years; 1 John Deer 14x16 double disc; 1 Oliver sulky plow; 1 Superior 1-liole disc drill; 1 John Deere mower, 5-ft. cut; 1 John. Deere corn cultivator I lohn Deere 999 corn planter: 1 New Idea manure spreader; 1 Weber v skein; 1 hay ladder and beet rack combined; one 90tooth spi >oth harrow; one Butcher-Gibbs walking plow; 1 single shovel plow. The above tools were all bought new a short time ago and were well taken care of and this is your opportunity to buy new tools at your own price. Also, 1 Dain hay loader; Oebome hay tedder; double shovel plow; 16-in. Case sulky plow, all in good shape and many other articles too numerous to mention. '** J MISCELLANEOUS—I De Laval No. 12 cream separator, almost new; 1 Queen. 500 capacity brooder stove; 1 kitchen cabinet; 2 sets breeching harness, in good condition; horse collars: one 15-foot log chain; pitch forks; manure forks; Dutch hoea; scoop shovel; and many articles too numerous to mention. TERMS —All sums of $19.00 and under, cash; sums over that amount a credit of 6 months will be given to purchaser giving a bankable note bearing b% from maturity; 4% discount for cash. J. E. JOHNSON, Owner Jeff Liechty and Roy Johnson, auctioneers. Dutch Ehinger. clerk Ladies Aid of Winchester U. A* Church will serve lunch.

Have You Enrolled | « 1 | in our | j 1930 | \ Thrift Savings Club; i i I . j || The enrollment yesterday was far beyond our S expectations. |j XiA / | DO NOT DELAY — GET STARTED EARLY in | E one or more of the seven classes which are suited to ® every mar, woman or child. fl | ! It A check next year will be a source of happiness to 4 U your entire family. \4 i • i I . i | The Peoples Loan & Trust Co. I I BANK OF SERVICE |

Instruction, several schools may have to be closed before next June unless the , state provides expenses. Under the law, Wisehart said, the state agrees to pay deficits in districts where the school tax levy is $1.20 or more, but for several years has failed to do this. The plan to use Inheritance taxes was proposed by State Sen. Bruce E. Cooper. representing Vanderburg. Posep and Warrick counties. Cooper said that by this means, approximately $1,000,000 would be added to the state aid fund. According to the annual report of (’. B. Vlhim. Inheritance tax adminlutrator, the taxes for the year ending Sept. 30 totaled $1,167,473. Another proposal was suggested that would give the state board of accounts authority to pass upon expend!-

DECATUB DAILY DEMOCRAT WEDNESDAY, DECEMBER L 1929.

• tures of the school units In the-state < ( aid class before allowances are tnnde I from the state aid fund. 1 The propositi grew out of a belief ' in some quartern that expenses of ’ i state tiiil schools tire excessive. I -■ 1 VARE DEFENDS SELF BEFORE SENATE TODAY : —’ (CONTIWKD FHOM PAGE OVKI ! alphabetical order.” Norris said the senate owed a duty f to the country to prevent Vare from - taking his seat. He referred to ; Vare’s illness as insufficient to keep him away from the Kansas City conI vention last year "where he brought . the gn at Mellon into line for Hoover." •‘His machine aligned! itself with ■ the millions of Mellon and Grundy and with the Pennsylvania railroad,” Norris said. “Are we to permit a member to come here tainted with that kind of fraud? You might as well say to the man of ordinary circumstances You can t come here to the senate.” • “Are we going 1 to bend our knee and 1 bow our head to his powerful machine?” Vare took this attack without display of emotion. His daughter, Mrs. William Kipp, was sitting in the senators - personal gallery, while the daughter of his defeated Democratic 1 opponent. William B. Wilson, with her father, sat in the opposite gallery for guests of senators. Vare’s speech lasted 20 minutes | and when he sat down the debate was resumed. There was no Indication that the | pathetic appeal of his address had i made any difference in the line up of lithe senate which is reported to lie overwhelmingly against Vare. The President s budget message, outlining the prosperous condition of government finance rested on the senate desk, awaiting its turn. ————— TAX REDUCTION IS EXPLAINED TO HOUSE GROUP (COATIXVED FROM PAGE ONE) are getting too large a slice of the reduction Mellon, he said corporation income taxes have long been too high vast majority of individuals pay “but an insignificant amount and at a very low rate”. He cited figures showing a vast | \ majority of individual income tax-1 payers are assessed at a rate of only Q. 42 per cent, "whereas these and other millions of individuals owning stock in corporations are virtually ' paying taxes through the corporations at 12 per cent on that portion

of their income arising from the P-n---fits of business enterprises in which they are shareholders." Explaining the reason for limiting tax reduction to the calendar year 1929, Mills said the estimated surpluses of $226,000,009 and $123,000,900 respectively for the fiscal years 19.10 and I Oil "do not Indicate a very large margin of safety in budgets of over $4,000,000." Since the reduction will be divided between tlif two fiscal I years, however, the margin of safety is "reasonably adequate,” he said. - Explains Rates Washington, Dec. 4. —<U.R) — The pending tax reduction bill, as explained to the house ways and means committee today by Undersecretary of Treasury Mills, will have the tollowing effect on individual incdme taxes for 1929: Single Persons Present Proposed ReducIncome Tax Tax tion $4,000 $28.13 $9.38 $18.75 5,000 39.18 13.13 26.25 7,000 78.75 37.50 41.25 10,000 153.75 90.00 63.75 25,900 1,357.50 1,153.13 204.37 100,000 15,843.75 14.930.00 913.75 1,000,000 240,843.75 230,930.00 9,913.75 Married Man Without Dependents $4,000 $5.63 SI.BB $3.75 5.000 16.88 5.63 11.25 7.000 39.38 13.13 26.25 JO.Ovd 101.25 52.50 48.75 25.000 1,282.51 1.093.13 189.38 100,000 15,768.75 14.870.00 898.75 1,000.000 240.768.75 230.870.00 9,898.75 o RUSSIA RESENTS STIMSON’S NOTE (COX riNt Ell FjtOMPAGE ON’F>. . tions, the national government of China was faced with a fresh rebel outbreak int he south. After an initial victory was reported near Shick-

w^wew^wwsws*^*®*^*®*^*®*^ o * 0 * o*® 0 *®* 0 * 0 * o*® 0 *®* 0 * 0 *^ 2 * o * I Open To Everyone I | Stop In Any Time Now | I And Join Our 1930 j \ CHRISTMAS CLUB ■ I I I You will be sure to have money for next Christmas | S U j°* n ° ne ° r mOFe °f th 6 c^asses: Class 1 Members P a > in K lc the first Class 10A Mcmbers Paying 15.00 the ® MBW week, 2c the second week, and in- first week, $4.90 the second week, and jiMBVy writ w W creasing lc each week for fifty weeks decreasing. 10c each week for t.i ' *' ' '''"G sT ® f'i wL " $12.75 “f” 1 11"” 1 " rece *” $127.50 * W'V 1/ / Hu Class 1A Members paying 50c the w " U H first week, 49c the second week, and Class 25 Members paying J i ebt> n> 4LJ P 3 Ul' HII JM W.. decreasing lc eabh week for fifty week for fifty weeks d* I•>* 1) jf uufl H *•" — weeks will receive Sl2 75 WIU reCeiVe I GIVE THEM‘ML Class 2 Members paying 2c the first Class 50 Members pa. i. E x . week, 4c the second week, and in- ' $25.00 © iMM yAU-** creasing 2c each week for fifty 4f g W " k ‘2 ,, "'“ l ” $25.50 c..„ 100 Member. p.y<»« ««. S C? C'““ 2A Member, psylng (1.00 lhe VCi ’ Mk first ■* eek > 98c tbe second week, and - 0 decreasing 2c each week for fifty 200 Members ! r ■ TOk « w ,„ $25.50 «">SIOO.OO 2 M . 1 Al_ u win receive tpAVV g T and make them happy Class 5 Members paying 5c the first week. 10c the second week, and in- Class 500 Members paying $ 11 Jf ' NEXT CHRISTMAS creasing 5c each week for fifty week f or fifty weeks QOKA (W) * , fvi * weeks will receive (j»po rrtr will receive . , Class 5A Members paying $2.50 the Class 1000 Members paying. I first week - 5 2 - 45 the second week, and week for fifty weeks (H) ® >!■’ . ■ HaJ fl mA WJJk decreasing 5c each week for fifty will receive V ; - vm^uno — - $63i75 cijs mo M<mhCTs | >|E Class 10 Members paying 10c the week tor fifty weeks I WERE MAILED TODAY. first week, 20c the second week, and will receive Wk increasing 10c each week for fifty , ’S' weeks will receive 4*107 Kfl Class NC Members may * P fl ; Were you among the many - 4.0 U amount m this ciass who received one? with four per cent, interest added if all payment j ’ are made regularly or in advance $ ii A CLUB FOR! EVERY MEMBER OF THE FAMILY 1 8 ill a a jt Old Adams County Bank

Ing, Chinese advices said the rebels were advancing towards Ciinton with little resistance. Dispatches received in London reported an unsuccessful attempt to overthrow the national government under Chiang Kai-Shek. Press comment on the Soviet re-; sponse to the United States. British and French communications concern-; ing the Kellogg treaty varied from letter attacks in Moscow against out-1 side influence to puzzlement in Paris. The notes of warning to Russia and China were defended as justified in Paris, where official circles were in dined to believe Russia unjustified in its charges of a not friendly ad on the part of the United States. COUNCIL HOLDS SHORT SESSION <r<»VTINCEn FICIIVI PAGE OWE) Following the meeting last evening the councilmen talked over several matters of interest to the city, but no action was taken on any proposition. The new council, which will be composed of O. L. Vance. Herman Gillig. Fred Linn, Joe Hunter and George Appleman will take office January 1.

UpiMPLESI'i t Nature's warninir help nature clear K Y*"' r eowpl’ * antiralrtredroaes Kin your naie. sniiow cheeks. Truly K wonderful results follow thorough H colon cleansing. Tak*Wß—jf ftaTUftK-S RtMEOV-io regulate 3 #and strengthen your eliminative or- ■ einn Watch the transformation. 7 "Try WW instead of mere laxatives. 1 Mtid. sale, partly vegetable —st druryttb. only ZSc f FELL LIKE A MUJ.ION, TAKE

Mr Applenuin is the only new member of the body. A. R Asbbauchcr, present coiiiidlnnn will retire from the body. —• tne Habit—l <-aa« at Hom., It P»y>

PUBLIC SALE) Aa I have rented my farm I will sell at public auction, located south and % mile east of Monroe or 5 mile* north ,and Inil , n “ ml '» , Berne, on . ' eaNt « TUESDAY, DECEMBER 10th Commencing at 1:00 P. M„ the following property, to wit2—HORSES—2 One black horse, 12 years old, weighing 1700 tbs.; one black mare w ing 1600 lbs., 13 years old. Thin is an exceptional good work t. an. Rll ‘ ■ one can work them. ■ ' any 7—HEAD OF CATTLE—7 Ono full blood Guernsey Cow, coming 5 years old, on good flow O s yUuernsoy heifer will lie fresh in March; 1 Holstein and Swiss heifer hwd 1 Holstein and Jersey, giving good flow of milk; 1 Holstein cow giving / j How of milk;l Heifer. 6 months old; 1 Heifer, 10 months old. J. , cattle are T. B. tested and are an extra good bunch of milk vows ° Ve HOGS—I Fattening sow, weighing about 500 pounds. 28 SHEEP—II Spring lambs; 12 ewes, 2to 3 years old. 5 <•«,.. ta , , . ' iyears old, an extra good bunch of sheep. > HAY AND GRAIN 100 bushel of good corn in crib; 150 bushel of good oats in bin; about 4 ■ ton of clover hay; 10 large shocks of corn fodder. FARMING IMHLLMhNTS One 60-tooth spike tooth harrow, new; 1 single disc harrow. 12-16; o n ,. Turnbull wagon; Oliver breaking plow; 5 shovel cultivator; Oliver corn mi. tivator; 1 piano box. MISCELLANEOUS—Brooder house, 10x12, almost new; 24 h<n nest tab. inet; 1 malleable steel* range; 1 iron bed, springs and mattress; 1 set of breeching harness: 3 horse collars, and many other articles not. mentioned. TERMS—AII sums of $5.00 and under cash; over that amount a credit of six months will be given, by purchaser giving good bankable note, bearing no interest the first six months, 8% interest from maturity. 47, discount for cash. J. A. HAGGARD, Owner Jeff Leichty, Auct. Monroe Slate Hank, Clerk

August Sehelnmn of Pn . bl 7'f shlp was calling on friends •„./ . Ing to business here thU , ‘■ *”*’»<► TV Sb noon with Mrs, C.