Evening Republican, Volume 18, Number 167, Rensselaer, Jasper County, 17 July 1914 — HOME OF THE CORPORATION [ARTICLE]

HOME OF THE CORPORATION

Commune of Blaru*,’ in Switzerland, Ha* Established a Happy Hunting Ground. • High hidden In the mountains, one and one-half "hours’ train ride from Zurich, is the Swiss commune" of Giarus, the Wall Street Journal state*. Glams has a population of 000, and most of these are hardy mountaineers, but French financier* have found in it the happy hunting ground* for corporations. When its fame spreads it bids fair to be to Europe what New Jersey was to America before the “Seven Sisters.” * The village is already the headquarters of more than 60 corporations, operating in all parts of the world. The secret of Glarus is not hard to find. AU the neighboring districts of Europe, in the pride of their size and the size .of their wants, levy crushing taxes, but the little Swiss commune obtains a plentiful revenue for it* modest needs by taxing the resident corporations annually only one-fifth to three-tenths of 1 per cent on their capital. ? Great is the glory of Glaru* I