Decatur Daily Democrat, Volume 35, Number 149, Decatur, Adams County, 24 June 1937 — Page 6

PAGE SIX

TAX AVOIDANCE (CONTINUED FROM «-AGE ONE) mittee the complicated method whereby the persona who formed personal holding companies saved money on their tax returns by placing their incomes in the hands of the corporation and thereby taking advantage of various legal deductions allowed under the revetiue laws. Helvering said that holding company “devices of the sorts described und to be described before this committee are spreading very rapidly under present tax avoidance publicity conditions." "The atmosphere in which such schemes grow so rapidly is well illustrated by a recent statement appearing in the press in which J. P. Morgan is reported to have said, ‘if the government doesn't know enough to collect its taxes, a man is a fool to pay them.’ That attitude is fairly general.” Helvering submitted to the committee tabulations listing personal holding companies, the names of the persons who incorported them, and the manner in which tax deductions were claimed under various sections of the internal revenue laws. He cited 17 specific cases which he said had been selected at random from the treasury's files as most demonstrative of methods employed. Helvering told the committee that the individual owners of 17 holding companies would have had to pay “an aggregate surtax of $1,638,023” if the personal holding companies had not been formed. The companies themselves paid aggregate taxes of $43,973, Helvering said. TOM GIRDLER TELLS (CONTINUED FROM PAGE ONE) exceptions, as entirely unfounded in truth or in fact.” Girdler said he believed there is "much confusion" in the public mind regarding issues in the strike. Murray Offer Cleveland, June 24 — (U.R) — Philip Murray, chairman of the steel workers organizing committee, and leader of the steel strike, today offered to accept President Roosevelt as “final orbitrator" in

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the industrial dispute. Murray's offer was made as the federal mediation board, headed by Charles P. Taft. 11, met with representatives of the four struck steel concerns — Bethlehem, Inland, Youngstown Sheet & Tube and Republic — in an attempt to find a basis for settling the strike affecting approximately 80,000 men. "We are here today, placing our cards face up." Murray's statement said. “We have told the board we are ready to negotiate in good faith, looking forward to a signed agreement.” Despite optimism expressed in Washington by Secretary of Labor Frances Perkins, all indications here were that the steel companies

] were standing firm in their refusal to sign a contract with C. I. O. —sole issue in the strike. Other developments included: 1. Action by five industrial concerns in Warren barring almost 1,000 workers from their jobs as a result of the C. I. O. labor holiday yesterday. Three plants closed doors. 2. An appeal by Mayor Lionel Evans of Youngstown to President Roosevelt and Gov. Martin L. Davey to protect non-striking steel workers who want to go back to work. 3. Arrangement among military officials, union leaders and city officials at Warren of a system of picketing designed to end threats of clashes between strikers and non-strikers.

DAILY DEMOCRAT THURSDAY, JUNE 24, 1937.

LIST PROGRAM J. Patterson, Indianapolis, past great prophet, is tri-state chairman. Plans were furthered for the meeting at a session of the local Red Men last night with Harry Clevenger in attendance. —oTOM GIRDLER TELLS (Continued ymm page one) movement was ended but that if necessary they would began another stoppage of work on "an even larger scale." Guardsmen's bayonets, backed by machine guns, protected the return of non-strikers to the Republic mills. A restricted number of pickets tabulated incoming automobiles to check whether the company was increasing the estimated 2.400 workmen who have kept the mill In partial operation during the 29 day steel strike. Meanwhile, other workers who had participated in the labor holiday encountered difficulties in returning to work. In Niles, a new strike controversy began between management and workers at the Niles Steel Products plant which had a cot.* tract with employes. About 500 workers at the plant joined in yesterday's demonstration. Today the company locked its doors and declared a three-day holiday of its own. Each sid.’ charged the other with violation of contract. C.W.O.C. officials called a strike at the plant and began picketing The company announced that the men could return to work Monday —without a contract. About 25 maintenance men under an A. F. of L. contract continued on their jobs. Thirty employes of the Brainard Steel Corp., were refused admittance when they reported for duty after joining in the labor holiday. Company officials said a majority of their workers did not join in the walkout demonstration but remained all night in the plant, keeping operations on schedule. They said they had not decided definitely whether the demonstrators would be permitted to return later. “I telephoned Tom Girdler's office and told him he was right.”

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one company official said In reference to the recent statement by the Republic Steel Corp., chairman that the C. I. O. was "utterly irresponsible.” “A contract with the C. I. O. Isn't worth a thing.” The Brainard Co., signed with the C. I O. two months ago in a contract covering wages und working conditions. The Van Huffell Tube Corp.. closing was announced as for ' an indefinite period." Eighty per cent of the employes had joined in the holiday. The rest were told to go home. "We had a contract," a company official announced "It was broken.” Philip Murray. S. W. O. C. chairman. earlier this week had argued that the C. I. O. had the best record of any labor organization in keeping its 250 contracts and had contended for that reason that the four companies Involved in the seven-state steel strike should not hesitate to sign a written contract. o Springfield Youth Drowns In Bath Tub Fort Wayne, Ind., June 24 —(UP) —A man identified ae Kent McCauley, 20, of Springfield, 0., was found dead in an apartment laet night, his head. arms, and shoulders submerged in a bath tub filled with scalding water. McCauley, who had nought employment here, was believed to have fainted as he prepared to Bathe and to have fallen halfway into the tub. Goshen Employes Favor CIO Union Goshen, Ind., June 24 —(UP) — United Rubber workers union, affitiate of the committee for industrial organization, today held sole collective bargaining rights for more than 500 employes of the Western Rubber company as a result of an election. The employes voted 327 to 187 to

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he represented by the United Rubber workers un-lon instead of a local organization, Only 18 eligible employes of the plant did not vote. The election wm conducted under the supervision of the nat-lonal labor relations board. Says CIO Contracts Boost Weekly Payroll Indianapolis, Ind., June 24 —(UP) —More than $16,000 has been added to the weekly pay envelopes of IndlanapoUs worker* through 14 agreement* signed with Industrial concerns by the committee for industrial organization, James Robb, eteel workers organizing committee regional director, said today. Approximately 4,000 men now are C. 1.0. steel contracts here, Robb said. He estimated the average wage increase per hour in the group is 10 cents. o —' ■ — — STATE’S DEATH (<?ONTINI HEP FROM PAGE ONE) automobile, was taken to city hospital suffering serious injuries. He was held on a vagrancy charge under $5,000 bond. John M. Buchheit, 06, Sellersburg, superintendent of the Speeds plant lot the Louisville cement company, died from injuries rustained when his automobile collided with a | transport truck north of Jefferson-, I ville. Louis Botto, 39, Indianapolis.' driver of the truck, was held as a j witness pending investigation. James Etherton, 29. Ayrshire, an i employe of the Southern Gas and electric company was killed instantly when he touched a 2.300 volt wire while working atop a utility pole near Petersburg. Ind. James Etherton, 29, Ayershire, an Haute, was drowned while swimming with a companion in a gravel pit near Crystal Lake north of Terre Haute. The body was recovered I two hours later by city firemen. Elvis Carett, 25, New Harmony I farmer, died in the Evansville hos-

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pital from injuries sustained while attempting to load a tractor on a truck at his farm. He waa seated in the cab of the truck when the tractor lurched forward and crushed him against the steering wheel.

■J At Hamniund Erwin Rhodes. ■ ''.as kili.'.l lost t-ontrol ot' I,is ant. mnbiie ■ ■ i'a-!it-<l into t rll k. .UnivIj 21. who was riding with him, iceived a fractured skull. WK