Indianapolis Times, Volume 34, Number 195, Indianapolis, Marion County, 26 December 1921 — Page 2
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[BURGLAR GETS [ LEAD SHOWER, BUT ESCAPES ■Prowler Is Surprised by PoI liceman’s Bullet in Robbery Attempt. A bullet from the revolver of a policeman is believed to have wounded a burglar who was surprised as he was breaking into a grocery early today. A negro “Peeping Tom" escaped amid a shower of bullets. Four hold-ups were reported by men and one by a woman. A thief obtained supplies for a Christmas dinner, and several burglaries were reported. Patrolmen Griffin and Miller, surprised a burglar early today as he was attempting to open the rear door of George Burk’s grocery. 1238 South State street. The police shot at the burglar four times. The man yelled and ran, but the police believe a bullet hit him. GREETS PEEPING TOM WITH BILLETS. Ekdon Trusler. 651 East Twenty-Third street, was attending a party at Apartment 3, 814 North Meridian street, last night, when he heard someone out side of the window. Trusler obtained a revolver and went outside of the building. He saw a negro peeping in the window and fired three shots. The prowler escaped. Cleo Money, manager of the Standard Grocery, 2322 West Tenth street, was held up and robbed by a masked bandit late Saturday night. The robber entered the store, covered him with a revolver and escaped, after taking 8300 from the cash register. The hold-up man escaped in an automobile which he had stolen from Raymond Batts, 917 Tibbs avenue. Martin VTinkey, living at Sale.n Park, a clerk, was in the store with Money when the bandit entered. Thomas P. Utley, 317 South Warman avenue, was held up by a negro bandit early yesterday, near his home. The negro hit him on the head, knocked him down and took $8 from his pocket. Harry Burne*, negro, 730 West North street, was attacked by two negro robbers early yesterday, knocked down and beaten. He was robbed of $24.80. The robbery occurred near his home. Miner Tyson, negro. 1647 Tandes street, was held up and roboed at New York and Pennsylvania streets by two white men. One of the robbers covered Tyson with a revolver while the other relieved him of $15.75. Frank Doyle. 1134 West Thirty Fifth street, was robbed by a negro woman at Muskingum strt“t near North street. Doyle tried to get his money back, but the woman fought 1 lm and ••ailed three ; negro men. who forced Doyle to run BURGLAR GETS CHRISTMAS DINNER. A burglar obtained a Christmas dinner yesterdav by cuttting a screen at the home of Dr. E. Earp. 1121 North Illinois street. The thief took three chick ens and the “trimmings." which the doctor had purchased for his Christinas dinner. Food valued at S2B was missing after a burglar went on a foraging expedi tion at the home of Mrs. I. N. Adains, 946 North Meridian street. The loot included fifteen doipn eggs. eighteen pounds of butter, fifteen pounds of sausage. a ham and a dressed duck. Table linen -a'ueil at $75. and a side of bacon worth $1.50 was stolen from the home of Mrs. Edna Stearns, 17 East Michigan street. REPORTS THEFT OK SUIT AND WATCHES. Dr. J. H. Ward. 239'- Idiana arenue. told the police a burglar stole a suit of clothes and two watches valued at S7O. from his office. A. C. Krick. 5020 East Michigan street, and his family are away from home during the Christmas holidays, but when they return they will find their house has been entered and ransacked by burglars. The thieves broke the glass from the front and side doors, and neighbors notified the police. Aleen Vernon, negress, 533 North Senate avenue, was dragged into an alley by two men and robbed of $10.75. The robbery occurred near her home. Robert Thomas, 230 Hancock street, reported a thief had entered his chicken coop and carried away three hens. Burglars who broke into the Plaza Loan Shop, 234 Indiana avenue, obtained eight revolvers, worth $100; four wrist watches, valued at S2B, and three pairs of cuff buttons. Conference Notes by the Observer Special to Indiana Dally Times and Philadelphia Public Ledger. WASHINGTON, Dec. 26.—1 t were a poor guesser who now would venture to fix a date for the conference’s adjournment, sine die. The submarine complications have played topsy-turvy with everybody's calculations. The home-gntng delegation that had most of the cabins de luxe engaged for the Olympic’s New Year's Eve sailing looks forward to an indefinite Janaury sojourn on the Potomac. Mr. Balfour is one of the holdovers. The British leader is so uncertain when he will be able to pack up that the best he can do for the pilgrims in New York who want to “blow him off" to * farewell dinner, is to promise he’ll be with them the last night he’s on American soil. But Mr. Balfour at this writing has not the ghost of a notion when that will be. President and Mrs. Harding will take a holiday flyer, a golfing jujiket, Pinehnrst, N. C., this week. The executive party which will include Attorney General Daugherty among others, will leave Tuesd.y or Wednesday and be back by the latest on Sunday, to permit the White House New Year’s reception, Jan. 2. Pinehnrst’s links are farmous and the President is looking forward to such a feast of golf as he has not enjoyed since he was in Florida before bis inauguration. As In the case of humbler folk throughout the land at this festive hour, the mail of the President of the United States is heavily freighted with Christmas and New Year’s cards. Mr. Harding enjoys a nation-wide personal acquaintance, consequent upon his long career la public life, and the bulk of the pasteboards with the season’s greetings come from men and women who know him. But the White House mail bag also is laden with holiday messages front the rank aad file of the people who out of sentiments of fervid patriotism and respect, are sending Mr. Harding tokens of their esteem and good wishes at. this, his first yulg.tide In the presidency. Somebody has called Mr. Hughes the Pooh-Bah of the conference, in respect of the plenitude of his official posts. He is Secretary of State, the chairman of the American delegation and he ii- president of the conference—a pretty husky trio of responsibilities even for i man of Mr. Hughes' vim and vigor. The other members of the conference big three put in a quiet Christmas by comparison. Mr. Balfour attended divine services and then rested at home. Admiral Baron Kato. •lightly indisposed. Is confined to his rooted at the Shoreham. Philadelphia’s sesnqi centennial Is not the .only nig i dug ••tamorlug the of H-.-rb-Li.uovt.-r, C'.uX.Tenc'
13 Colonies Fought in Early Dags Along Lines of World Arms Parley
Special to Indiana Dally x/mes and Philadelphia Public Ledger. BY CONSTANCE DREXEL. WASHINGTON, Dec. 26.—Similarity between the idea that resulted in the federation of the ‘ hlrteen States into the Union In 1787 with the spirit now struggling for expression in tile Washington conference has been brought to light by the work of .Miss Violet Uakley, who is in Washington with a portfolio containing reproductions of her mural decorations in the Pennsylvania Stare capitol. Although we all know in a vague way of the struggle among the thirteen fullfledged States before they would give up some of their sovereign rights to sign the Constitution, so much more emphasis always has been placed on the Declaration of Independence, that the greater import of the making of the Constitution has been lost, exc-pt by a few students of history like Gladstone, who wrote: CONSTITUTION MOST WONDERFUL WORK. “Tht American Constitution is the most wonderful work ever struck off at a given time by the brain and purpose of man.” And now comes along a well-known artist who has been delving into early American history for the last twenty years. She calls attention to the fact that William Penn’s “Holy Experiment” In Pennsylvania and the making of the Federal Constitution are only precedents for the federation of nations which the world is groping for today and which is slowly but surely gaining ground in the Washington conference. Miss Oakley’s extraordinary message is particularly appropriate at this moment In Washington. That is true not only because of the conference, but because it is Christmas. Christmas means unity, the unity of
rumor is busy with his name in connection with two even greater propositions. You will hear of a fascinating project to make the Secretary of Commerce reju vena tor-in-chief of New China. Another fairy tale tells of his prospective, engagement as the architect-in-chief of :he Russia-*hat-hopes-to-be. In neither field of activity would Hoover be a stranger. After he achieved fame and fortune as a mining engineer in China at the dawn of the present century, he enhanced both by engineering activities in Russia. Since Hoover fed Belgium, ratioued the United States, ameliorated central Europe and undertook to nourish famine-stricken Russia, there s hardly a i world job anywhere on God's foodstool ( that sooner or later doesn’t yearn for his master-hand. About the time the conference Big Four were framing up the Pacific pact which, it seems, guarantees “respect" for the home island of Japan, the Nippon aruiy was carrying out maneuvers which visualized an enemy attack on it. Even the assailing of Tokio itself was included in the sham war. Forces approaching from the west succeeded in seriously menacing the capital. Several of their airplanes successfully bombarded the capital. Although the flower of the: Mikado’s army was defending Toki—the imperial guards and the First Division ■ the “enemy” pushed his advance across the intervening Sagami plain, and the umpires decided the defending forces in real combat would have had to beat an ignominious retreat. Artillery, cavalry and high-powered aircraft were engaged in the assault. An “enemy* bombingsquadron plane carried out daring raids, during one of which make-believe TNT was dropped in the imperial compound at Tokio. setting several buildings afire. Never in the capital’s hts.ory has Washington such a galaxy of European continental notables as still are assembled here for the conference. On the continent New Year's festivities outrank In gayet.v any attending tne celebration of Christmas. So the custom of making merry Jan. 1, is going to he transplanted to the Potomac next Sunday. regardless of the fact New Nears day falls on the Sabbath. One distinguished European nobleman boid,.c has issued extra territorial invitations to his friends, including scores ot Americans, for “egg-nogg and dancing" between the festive hours of 4 to 7 p. m.— Copyright, 1921, by Public Ledger Company. Two Negroes Held on Gaming Charges The police arrested Burley Banks and John Wise, negroes, in a chile parlor at 524 Indiana avenue, last night, charging them with keeping a gambling house and gaming; and also Grover Neal and George Neal, white men who were charged with gaming and visiting. As evidence Lieutenant Jones obtained a pair of dice, $15.39, two stools, and a speclaly constructed craps game table. The policeman then investigated and found In a hole In the wall in which three loose bricks filled the opening, six pints of bottled In bond whisky. Ktesdus was arrested on the charge of operating a blind tiger. Three men who were in the alleged craps game escaped when the policeman raided the game. M. P. DIES AS HE WINS. SYDENHAM, England, Dec. 26—As James A. Dawes, member of Parliament for southeast Southwark, was being elected mayor of Dartmouth he died here of injuries received in the war.
Banish Headaches Cb!ds,LaGrippe I CASCASA& QUININE! IH) Httdschci and Coldi sr* a J crime health ami inn i! / welfare. Don’t be a date to winter coisplaiati. Deal sake reareeW uscieee and endanger other* by s£wiaj Coida to nm their course. Alwtyi bore HiU’t Caicam Bromide Quinine Tablets handy. For Coldi, Headache* and La Grippe they are beet by M —quickest to act and end Colde ta ]4 boar*. La Grippe s 3 doyi. Safe, dependable. No bad after effect*. No “head ■aiote.” Coot eaten! and pleaunt to take. At A U Druggists—JO Cents u. R KU COU? A ITT pmocr 8! <*sM
■ peace which is destroyed by war, the unity of the family—of the father, mother and child—against which there is no greater element of destruction than war and preparation for war. which breeds iho lust of slaughter in the hearts of men It is, therefore, appropriate to call attention to the great mural painting which is the climax of Miss Oakley's "Unity.’ and w symbolical of the final union of the | States which may lead to the union of j nations. A small color reproduction of it Is in the portfolio which she has brought to : Washington. There Is a movement to present copies to the foreign delegations because it presents in tabloid form the experiment of unity in America when the thirteen States, almost as wide apart as the powers are today, finally fought through their jealousies au<% their .selfishness to the ratification of the Constitution 1 after much wrangling, first in tiie convention and later before ratification by jthe State Legislatures, j The portfolio, containing twenty-four | plates in color and fifty-five pages of ! excerpts from early American history | showing the growth of the idea of unity through to the Federation of States (the Constitution), will be privately printed in Philadelphia. WOULD GIVE COPIES , TO EX-PRESIDENTS. I Miss Oakley wishes to make a gift of three copies, one to President Harding, one to ex-President Taft and one to ex- ; President Wilson. President Harding called the present conference. Chief Justice Taft has been a leading feature in the league to enforce peace and Woodrow Wilson crusaded for the League of Naj tions. Miss Oakley was given the privilege of personally going over the illustrations of ! her paintings and the accompanying text [with Mr. Wilson last summer. He was [deeply touched, especially by William ! Penn’s prophesy in 1693, that some day there would be a league of nations with n parliament representing all civilized I nations. 1 “And America Is not civilized,” Mr. Wilson is said to have remarked, visably affected by the rememebrance that America lied nor joined the league. Miss Oakley has not yet had the opportunity of presenting her work to President Harding or Chief Justice Taft. The copy of a letter by George Yashington is a part of Miss Oakley's historic."! evidence of the citnllarlty of the expe-iuient of the States compared with the experiment of the Washington conference. WASHINGTON PRESIDED OVER EARLY MEETING. Just as Secretary Hughes is presiding officer of today's conference, George Washington presided over thp convention in Independence Hall, made up of representatives of .’he thirteen Slates railed together to try to centralize, unify or federate the States. There had been some kind of a federation since the revolution had been won, with a Congress sitting now and then in Philadelphia, hilt the States were really separate entities and most of them wanted to stay that way. In conversation with Miss Oakley on the subject of that letter she pointed to the pleas for unity by George Washington to the States. One wonders, if George Washington were alive today, whether he would not extend that plea of unity to the nations meeting today in the capital named in his honor Copyright. 19:1. by Public Ledger Company.
You Can Do Better at
Greatest January Reduction Sale of COATS and SUITS Values Among the Most Remarkable We Have Ever Been Able to Offer
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INDIANA DAILY TIMES, MONDAY, DECEMBER 26, 1921.
SAYS RAILWAYS ! USE FARMER TO KEEP RATES UP Nevada Senator Makes Charge of Unlawful Lobbying. WASHINGTON, Dee. 20.—Chat ges, that the railroads of the country r.e trying! to use the fanners as a catspuw to enable them to keep their grip on high rales and evade State regulation and also that they are conducting extensive lobbying in Washington and propaganda through- j out the country, will make the railroads! a storm center in Congress after the holidays, it was indicated today. Senator Pittman (Dem.), Nevada, who is a member of the Senate Interstate Com- ! merce Committee, has obtained the passage of a resolution directing an investl- ; gation of the activities of the transcon- i tinental freight bureau of Chicago. The resolution intimates that this bu ; reau has engaged in unquestionable rate i fixing activities and Pittman proposes! to see the resolution, immediately after j the holidays. Senator LaFollette of Wisconsin, also ! a member of the Senate Interstate Com j merce Committee, has been watching! closely the hearings of the committee, at I which, the railroads have been opposing I the elimination of the rate guarantee section of the transportation act, and the return of interstate rate-making powers to the State. Farmers generally have stood by their individual States In demanding these, changes be made in the transportation ; net, but according to LaFollette a truce was patched up at a secret meeting of representatives of farm organizations and of the railroads in Washington Dec. 2. EMBERS FROM THE YULE LOG NEW YORK, Dec. 2(5 One delivery today will clean up for the New York postofflce ail mail bearing the seal of Santa Claus, officials announced. Business was the greatest in the history of the service here. An average of eight 1 million packages a day for three days prior to Christmas was handled in the main station alone. NEW YORK. Dec. 26-There will he no turkey hash at Tombs prison today. Four hundred and ninety seven prison-, ers arranged that yesterday. NEW YORK, Dec. 2t5. Even man's ' humble servants. sh horse and the goat, were remembered here Christmas Menu for the goats dinner has not been revealed, but six asparagus cans, a case of pop bottles, two railroad rails anil a keg of ship builders' rivets were re- ! ported missing. EOS ANGELES, Dec. 26—Santa Clans remembered Madalynne Obenchain, who ! with Arthur Burch is charged with the slaying of J. Belton Kennedy. Mrs. Obenchain received more than one | hundred Christmas presents in her Ja.. ! cell. Including a SI,OOO MIL CHICAGO, Dec. 26—A Chicago good fellow making his Christmas eve rounds ! in a flivver, found a family of eight ij need of f'hristmns cheer. He had gifts for only seven. He turned his flivver over to the eighth and oldest of the fam lly for a Christmas present.
PLEASE MAKE YOUR SELECTIONS CAREFULLY AS EVERY SALE MUST BE FINAL
MEN AND BUSINESS By RICHARD SPILLANE By RICHARD SPILLANE. PHILADELPHIA, Pa., Dec. 26.—One barometer of business of which you rarely hear is advertising. That is odd, for the advertising pages of the newspapers are highly sensitive to the varying changes in the needs and habits of the bulk of the people. Broadly speaking newspaper advertising is divided into two sections —the classified and the general. Under the heading of classified come forty-five or more groupings, such as help wanted, situations wanted, agents, rooms and board, real estate for rental, sale or exchange, mortgages, business opportunities, musical instruments, machinery, automobiles, etc. General advertising embraces business on a large scale —financial, trade-marked goods of national distribution, etc.
CLASSIFIED FIRST TO SHOW DROP. It Is accepted by students of advertising that classified advertising reflects l change in conditions earlier than general advertising. They explain this on the basis that the advertiser in (he classified colums must get prompt results or he stops advertising- while (he general advertiser, having larger resources and addressing a broader field, is likely to be a bit slower in enlarging or contracting his advertising space. The history of advertising in the last year or year and a half would seem to confirm the belief of advertising men. Classified advertising began to drop four or five months before general advertising and when it started back it was in no uncertain way. Its increase has been surprisingly fast. Within the last two months It has come up pronouncedly. General advertising, on the contrary. SAVE $9,000,000 ON FEDERAL TAX ON RAILWAY FARES No Tax Charged on Reservation Made for After New Years. With the abolishment of the Federal war tax on passenger fares throughout the United States at midnight Dec. 31, Ilooslcr travelers will save approximately $9,000,000 a year, it was estimated today. The special session of Congress abolished the war tax of 8 per cent on passenger fares, and 3 per cent on freight shipments to become effective January 1, 1922. Reservations made now for travels after th,- first of the new year will not ho taxed, according to railroad officials Whether a refund will be made to persons who have purchased round trip tickets, and will not return to the point where they purchased their tickets, has not been decided. The elimination of the tax on freight will save express shippers of Indiana more than $25,000 a month, or approximately $300,000 a year. This will be a saving to Indianapolis shippers of $0,500 a month. The elimination of (he tax. it was said, will amount to an average decrease of 5 per cent In railroad passenger and freight rates. Persons traveling In Indiana also will save money by the ab*dlshment of the tax. The saving on tickets from Indi annpoiis to Richmond and Terre Haute wH Ibe about 26 cents, and to Evansville 73 cents. 24 cents of which represent* the Pullman tar, and 49 cents the tax on passenger tickets.
$50.00 Coats .. $24.75 $65.00 Coats . . $34.75 $75.00 Coats .. $49.75 $85.00 Coats .. $59.75 $95.00 Coats . . $69.50 $125.00 Coats . $89.50 Higher Priced Coats Reduced Proportionately
GORGEOUS FUR TRIMMINGS SQUIRREL SCOTCH MOLE AUSTRALIAN OPOSSUM NUTRIA KRIMMER BLACK OPOSSUM BEAVERET BEAVER CARACUL WOLF
THE COATS Bolivias, Normandy, Suede Velours, Silk Plushes, Elvora, Marvello, Velinette, Velonge. Big collared coats, loose back coats, belted coats, silk lined coats, embroidered coats, fur trimmed coats and plain coats —on sale tomorrow on our third floor.
has been slow to show improvement. If the opinion of good judges is verified and general advertising follows true to the signs it should be well up to last year’s level soon and then go higher early in the new year. A man who has built up one of the greatest businesses in his line in the world does more advertising in times of seeming dullness than in times of’ general activity. He says he does it because he "runs all the faster, while the others are halting, so he can get so much ahead of them they can not catch up with him." Something of the sathe spirit animates the people at the head of a well-known toilet goods company In 1920 they spent SBOO,OOO in advertising. In 1921 they $2,100,000. Their advertising appropriation for 1922 is $3,000,000. They say they are advertising “for the business they are going to do.” That’s the idea. The barometer of advertising says business is on its way up. If you believe in its readings it would seem to be wise to get busy “for the business you are going to do.”—Copyright, 1921, by Public Ledger Company. BEER TASTERS GROW WEARY OF THEIR TASK They Blow Foam, Have Tube From Mouth to Joy Keg, but Still Unhappy. LONDON, Dee. 26. —Five hundred casks of the best beer in the British empire were ranged in tiers along the walls of the Gilbev Hall, Islington. following arrival from all over the country to be tasted and tested at the brewers' exhibition, lo compete for the medals awarded for the first quality beer. Long, sanitary rubber tubes were attached to some of the kegs so the official testers might go to their Jobs as an Infant does to a nursing bottle. It was rather a remarkable scene, and nothing in the show touched so sensibly the spectators as the beer-tasting. Stacked in groups, according to gravity, the barrels presented a gigantic task for the Judges, who worked in twos and threes, except in the pale or bitter beer section, xvhere five were needed to sample the eighty four barrels. They worked behind a barrier and in full view of the public, who regarded the proceedings with great interest. The chief accessories were long tables, glasses and a plentiful supply of olives. Cheddar and gorgonzola cheese and biscuits. At 10 o'clock the taps were set running, nr 1 skilled assistants began to draw off foaming beakers, whlrb were placed on a number chalked on the table to correspond with a number inscribed on the barrel. The drawing off of thp beer was artis-
Sizes for Women and Misses
$30.00 Suits . . $14.75 $40.00 Suits . . $24.75 $55.00 Suits . . $29.75 SBO.OO Suits . . $39.75 SIOO.OO Suits . $49.75 $125 to $195 Suits, $69.50
THE SUITS Orlando, Moussyne, Panne Velvet, Duvet de Lainc, Veldyne, Yalama, Velours, Tricotines and Tweeds. Embroidered models, tailored styles, long coat effects, flary models, handsomely lined suits. Women’s sizes, stout sizes, misses’ sizes. Sale on second floor, annex.
tically done. The glass was held close to the tap and then gradually lowered, and the barman roused the dormant qualities : of the ale with a dexterous twist or two 1 and so coaxed a fine foam on the top. Mercifully it Is not necessary to swallow beer in order to test Its qualities. A sip ■is sufficient, and the five Judges of bitter beer all sipped out of the same glass, which was “matey.” Asa preliminary, one held up the glass, shut one eye and looked at its purity and sparkle, blew off the foam, raised the glass again as if he were about to honor a toast, and then sipped. He rolled the beer about In his mouth and then spat in on the sawdust floor. The beer-taster’s palate “comes and goes,” and after sipping continuously for about a quarter of an hour he has no palate left and Is not quite sure whether \ he is sipping Burton or bitter. ' Every ten minutes a halt ia called, and j the ravages in the palate are repaired ' with olives and strong cheese. INCOME FROM WAR BONDS NOT SUBJECT TO TAX Repeal of Excess Profits Law Provides for Exemption. WASHINGTON, Dee. 26.—Under terms of the acts of Congress authorizing the issuance of Liberty bonds and Victory notes it was provided that those bonds are exempt, both as to principal and interest, from all taxation now and hereafter imposed by the United States, any State or any of the possessions of the United States, or by any local taxing authority except estate or inheritance taxes and graduated additional Income taxes, commonly known as surtaxes, and excess profits nd war profits taxes, now cr hereafter imposed by the United States upon the income or profits of individuals, partnerships, associations or corporations. Corporations have always been allowed to deduct the full amount of Interest received from Liberty bonds and certificates of Indebtedness In arriving !at income subject to the corporation Income tax. With the repeal of the excess-profits tax as of Dec. 31, 1921, there will automatically occur, without specific statement to that erect In the Revenue Act, the elimination of all tax upon the income from Liberty bonds, certificates of indebtendess, war finance j corporation bonds and Victory notes I owned by corporations in 1922 and thereafter. Nothing in the Revenue Act announces this changed condition, but the faith of the United States was pledged
DIEHL SAYS HE FEELS FINE ALL THE TIME
Ft. Wayne Man Was Weak Asa Baby But Soon Gains Twenty Pounds. “Nobody who knows what Tanlae did for me can doubt the merit of the medicine,” said Walter N. Diehl. 1417 Covington street.. Fort Wayne. Ind. “My trouble began with an operation six years ago and I was never able to get my strength back until Tanlae built
Great Reductions in All Other Departments
at the time of the Issuance of these bonds that the Income therefrom shonlil be subject only to surtaxes, excess profits and war profits taxes. The repeal of the war profits and excess profits taxes means that no tax can be assessed by the United States Government on the income from these obligations owned by corporations. INDIVIDUALS HERETOFORE EXEMPT. Inlviduals always have been exempt from normal tax on the Income from Liberty bonds, certificates of Indebtedness, war finance corporation bonds and Victory notes. In 1919 and 1920, however, they also were exempt from surtax on the income from certain 4 per cent and 4‘4 per cent bonds and certificates of indebtedness dependent upon their original subscription to, and continued holding of, 4 and 4% per cent bonds and Victory notea. The new revenue act has provided a simplification of calculations. Instead of the former problems which had to be settled as to whether the bonds whlcfc one held at the date of filing his tax returns were the original bonds to which he had subscribed, and the ratios existing between certain bonds and other bonds and notes, it is now provided that irrespective of any subscriptions originally to any loan, every taxpayer is exempt from surtax on the income from $125,000 principal of 4 per cent and iVt per cent Liberty bonds. This exemption lasts until July 1, 1923. Thereafter a person may hold $50,0000 principal of such bonds tax free for a still further period of three years. In addition, any one may own tax free 5,000 worth of any issue of 4 per cent or 4)4 per cent Liberty bonds or certificates of indebtedness throughout the life of such obligations. CONVERSION OF ISSUE. At the time of the floating of the fourth Liberty loan it was provided that persons who still held 3% per cent bonds of the first issue, which had not then been converted, might convert them at that time into bonds bearing interest at the rate of 4Vi per cent. These bonds are known as the first second 4V4s. Holder* of these bonds are tax free on the Income from a principal not in excess of $30,000. This lest mentioned exemption applies until July 1, 1923. Asa move somewhat in the opposite direction, the new revenue act provide* that taxpayers will not be allowed to deduct the interest paid to purchase or to carry United States bonds issued after Sept. 24, 1917, unless those bonds were originally subscribed for and such subscription has not yet been liquidated. Any one still making payments on Liberty bonds originally subscribed for will be allowed to deduct the Interest they have paid since Jan. 1 this year to carry such loans. Others will be denied the privilege of deducting interest paid on a loan secured for the purpose of purchasing any securities, income from which Is tax free. Th-> above applies equally to corporations.—Copyright, 1921, by Public Ledger Company.
me up again. About a year ago I had an attack of the ‘flu’ too, and It left me as weak as a baby. “I got on the scales the other day and found that I had gained twenty pounds In weight, but I wasn't surprised, as I have been eating like a bear ever since I started on Tanlae. T just feel fine all the time now and nobody to look at me would ever believe I hatl known a sick day.” Tanlae is sold in Indianapolis by Hook's dependable drug stores and leading druggists everywhere.-—Adv.
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