Indianapolis Times, Volume 34, Number 251, Indianapolis, Marion County, 1 March 1922 — Page 4

Juftana gaily aimefl INDIANAPOLIS, INDIANA. " Dally Eicapt Sunday, 25-29 South Meridian Street. * Telephone—MA in 3500. MEMBERB OF AUDIT BUREAU OF CIRCULATIONS. \New York, Boston, Payne, Burn* & Smith, Inc. Advertising office* Jchicago. Detroit, St. Loui*. G. Logan Pa/ne Ce ANYHOW, Frank Francis will not claim to have participated in the bank robbery 1 MOST EVERY property owner will agree with the utilities that the other fellow ought to pay the taxes' _ - AT LAST, the public service commission has found a utility that does jt deny that it is making too much money! THE CITY may aek .i showdown on asphalt paring prices, but it is a uch there will be no concerted effort to get-to the bottom-of why they . re so high! i THE LITTLE ted schoolhouso is said to be fading from view, and a ot of us wonder if it is going to the same place some of our school equipment nas gone in the lost few years. t The High Cost of Paving . John Elliott, city engineer, estimates that asphalt paving in Indianapolis should be laid at a cost of approximately $2.71 a square yard, instead of $4.10, which Is the bid of a contractor. Immediately, there is talk of a combine of contractors and a plan Is advanced to invite outside contractors into Indianapolis to compete with the “combine" and lower paving costs. Thus is presented again a fine opportunity for someone to pose as a “friend of the taxpayer," and that Is about all that is afforded outside of an opportunity for local contractors to chuckle. For the local contractor knows, as the city should know, that the high cost of paving is not due to -any combine of.which he is a part, but is due to a combine between material men and politicians whereby the material men pay a commission to the politicians for stimulating their business, which commission is promptly passed on to the contractor and incorporated by thd\Contractor in his bid. When a contract is let by the municipality tlfe property owners who foot the bills not only pay the actual costs of paving but they also pay the costs of “framing up the job,” which not infrequently exceeds the actual construction costs of the jdb itself. . Through his experience both in a political -job and with actual contracting Mr. Elliott has doubtless learned that there is a great percentage of “overhead” in every municipal of paving that is by no means reflected by the pavement that }s laid. He doubtless knows that this "overhead” is a needless expenditure of the property owners’ money. He prob- ' ably could, if he found It desirable, separate this needless expenditure from the necessary expenditure to obtain paving in a dissection of almost any bid. * . But, as Mr. Elliott also knows,’ we must, in some way or the other, pay for politics as we now enjoy it. Possibly Mr. Elliott’s recent complaint concerning the high qost of paving was due to a belief that an unusually high price was being asked for politics and the resultant combination was greater than the paving traihe could bear. Ralston Heeds the Ca ll The announcement of Samuel M. Ralston, former Governor of Indiana, that he is a candidate for the United States Senate and asks the support of “the people who believe that I am worthy of the honor which I seek” insures an opportunity for the people of Indiana to vote for a really capably man whose candidacy is not based on an “ism” or on the desires of politicians in Washington. In his appeal to the voters of Indiana for support, Mr. Ralston has the advantage over his Republican contestants of having no record to defend and no incidents of the past to explain or avoid. In public and in private life he has conducted himself in a manner that proved a willingness to serve faithfully and with the utmost reverence for the respect of those who placed conifdence in him. None who have disagreed with him in politics or over incidents have ever felt the inclination to attack his motives. His sincerity has not been questioned and his consistent effort to dfccomplish things worth while has made that the expectation of him in any capacity. Mr. Ralston s candidacy for the Senate is not the materialization of an ambition, carefully nurtured into a "spontaneous demand,” nor is it the machination of a group of political bosses intent on retaining control of public affairs. * . Casting a regretful eye on the placidity of a successful legal practice and a happy, comfortable home, Mr. Ralston has responded to a call to battle that comes from a sorely • perplexed element of Indiana neighbor* who know and respect him and who would feel well represented by him in Washington. - It is to this element, growling all the time, that the ex-Governor must look for support. He is p banner around which the voters may rally without apology. He will meet no serious opposition in his primary fight and the party owes to him in return for his candidacy its very best efforts to make him a Senator.

The Charm of Intellect When the world's richest man approved the marriage of his young granddaughter to a man at leafct three times her age, he evidently realized the admiration which young girls frequently have for the dignity of older men. However, it to be seen whether this a true love affair or merely an infatuation. In this instance. It appears that this young heiress knows her own mind, having decided on her present intention after she had mingled with the younger set to determine whether or not she really would prefer one of them to her older friend. But her fiance advises that she returned to him with a preference for older men who “talk sense.” Nearly every young girl has had one or more misplaced love affairs. There have been many notable instances of this kind in past years. Still fresh in our memory is that of the several young film actresses who wrote in endearing terms of their love for the director whose face did not belie the fact that he their senior. Had any of these married this man, it is doubtful if the marriage would have lasted any great length of time. It has recently become a fad in England for very young girls to marry men much older than themselves; perhaps because Princess Mary has set the pace. N It is evident that girls do not look far ahead on this subject. Do they believe they will still retain affection for their companion after he has ilpached seventy or eighty years and they are still around fifty? If it has bsen real love, yes; if only admiration for intellect and wisdom, no; since mental accomplishments have a tendency to wane somewhat around the age of eighty years. Most marriages of this kind will not last more than twenty-five years and'the indications are good for an abundant crop of widows twenty-five or thirty years from now. The Dragon Not [destroyed The knowledge that a campaign is being waged to put the ex-Kaiser’s eldest son, the German ex-crown "prince, up as a candidate for the presidency of the German Empire at the forthcomihg general election, comes as a shock to those who believed that the monarchy of Germany has been crushed. Friends of the ex-prince hope for his ultimate return as a monarch. He admits that he believes a monarchy does more for the people, but sets himself against all thoughts of overthrowing the republican form of government. In the ex-prince s own words, “he recognizes the republican regime as the fatherland’s legally constituted form of government.” Can the two be combined? Will not the old customs gradually assert them' selves and become paramount? How is the world going to accept this bold move and what will it mean to Germany in a financial way? Its very existence depends on the world as a market, composed principally of former enemies of its old form of government. " \ \ Recent reports had it that Germany was intending to declare itself bankrupt. Perhaps by electing the et-crown prince the Germans hope again to avail themselves of the money making power of the old Hohenzoilern rule. Information as to just how Friederick Hohenzollern intends to combine a republic and a monarchy is anxiously awaited by aIL

The Income Tax Basis on Which Losses Are Determined

By .JOSEPH A. BLOSDELt, Treasurer of the Baltimore Sun. Taxpayers who disposed of property, real, personal or mixed, the year 1921, if such property was acquired or purchased before March 1, 1913 (note date), are to base the taxable gain or loss sustained (in accordance with Section 202-B of the new Revenue Act) on cost, except Xo. I—ls thi fair market price or value, as of March 1, J 913, Is In execs* of such basis, the gain to be included in the gross income shall he the excess of the amount realized therefor over such fair market price or value:* No. 2—ls the fair market price or value as of March 1, 1913, Is lower than such basis, the deductible loss Is the excess.of the fair market price or value, as ot*March 1, 1913, over the amount realized therefor; and No. 3—ls the amount realized therefore Is more than such basis but not more than Its fair market price or value as of March 1, 1913, or less than such basis but not less than such fair market price or value, no gain shall be Included In and no loss deducted from the gross income. THE ABOVE ILL I) ST RAT ED.

Note This. In order to arrive at the taxable profit or gain the March Ist, 1913, value or market price Is used If more than cost: * The three subdivisions above and tho three examples following should be analyzed carefully by taxpayers In these classes. Example No. 1. \ Q. —Assume In 1911 you purchased a bond for SI,OOO and on March 1, 1913, the market value was $1,200 and this bond was sold by you In 1921 for $1,500. What profit am I to report? A.—s3oo; being the excess of the 4mount received over the March Ist, 1913, value ($1,500 minus $1,200).

ACQUIRED AFTER FEB. 28, 1913. , In he case of property acquired after Feb. 28, 1913, Section 203-A of the new re~ mue act says: That the basis for asccrtaiaing the gain derived or loss sue atned from a sale or other idispositton of property, {eal, personal or mixed, aall be cosfr of such property, except that No. 1- In the case of such property, which should be Included In the Inventory, the basis shall be the last Inventory value thereof N0..! -Ilk the case of such pr’ erty acquired by gift af:er Dec. 31, 1920, the basis shall be the same as that which it would have been In the hands of the donor or the lrst preceding owner by whom It was not acquired by gift. In the case of such property acquired by gift on or before Dec. SI, 1920, the basis for ascertaining gain or loss from a sale or other disposition there"f shall be the fair market value or price of such 1 ' property at time of such acquisition; No. 3—ln the case of such property, acquired by bequest, devise or Inheritance. the basis shall be the fair market price or value of such property at the time of such acquisition.

THE ABOVE ILLUSTRATED.

Example No. 1. Q. —I purchased an article In 1920, although I did not dispose of It until 1921. The price I carried It In my Inventory taken Dec. 81, 1920, was dlff*reiy from the price I paid for It. Bow am I to determine the gain or less? A. —The taxable gain or loss wonld be arrived at ly taking the difference between the setllng prite n.ud ’the amount at which it was carried in your Inventory. Enuusle No. 2. In the case of No. 2 the Treasury Department Issued the following: ‘•The second exception Is that In the case of property acquired by gift after Dec. 81, 1920, tho basis shall be the same as that which It wonld have been in the hands of the donor or last preceding corner by whom It was not acquired by gift. For example, a man In 1918 acquired stock In a corporation for SIOO a share, and kept It un-

LOSS SUSTAINED IN’ TRADE OR BUSINESS. An important section of the new law, which la Section 204-B, permits a corporation partnership or individual engaged in a trade or business, regularly carried on by the taxpayer, If he sustained a net loss in one year, to deduct such net loss from the net Income of the following year; and If Such net loss is In excess of the net Income for such succeeding taxable year, the amount of such excess shall be allowed as a deduction In.computing the net Income for the next succeeding taxable year. The sum and substance of the foregoing means:

Example No. I. Say your operating net loss for ymr 1921 Was $20,000; of course, for that year no tax is levied, hut assume In 1922 your fiet profit totals $-!0 # 000 Instead of being talfed on SIO,OOO for 1922 joxi will only be taxed on $20,000. Net loss year 1921 $20,000 Net profit year 1922 40.1X10 Net profit 2 years $20,000

OTHER LOSSES. A loss sustained by an Individual In sale of his residence Is not deductible. * A loss sustained by an individual In the sale of an automobile used for pleasure Is not. deductible. Any loss compensated for by insurance or otherwise is not deductible. A loss cannot be claimed ns a deduction from gross Income made by a person possessing securities, such as stocks and bonds. If the market on such securities 1* down or If there Is a shrinkage In value. The loss allowable In such cases ts that actually suffered when the securities mature or arc disposed of. The tranactlon must be a closed one. A deduction, however, Is allowable gross Income where the bonds are past due and are absolutely worthless, that is, the affairs of the mortgager were liquidated and no return made to the mortgagees. It a piece of property t bought tor Investment purposes and not occupied by you as your legal residence nnd a loss was sustained In sale of such property, such net loss is deductible from gross Income.

Hundreds Vanish in Year York NEW YORK. Masi-h I.—More than 1.500 persons were reported “missing,” swallowed up by the huge city; during the year 1021, according to the report of Police Commissioner Enright. More than that number were located, returned to their homes or disposed of in other v.-vs, so they were considered "closed cast s. ‘ These figures showed a decrease from the “missing"- list of 1020. when 1.080 persons were reported missing and 1,900 were located. The previous year 1.895 were reported missing, and 2,234 were catedCrime of all kinds showed a decrease from the year 4920. acocrdlng to the report. making a continued decline in crime from the high point of 1910 This record was made “not withstanding the increase in population, the unsettled, industrial conditions and the increase in unemployment." Traffic accidents increased, but fewer

BRINGING UP FATHER.

jh f7 s j —| 1 — n H 7 ■— ITb e£En A C.REAT , 1 <OOD A J , ' S ( ~ Hff LEFT- rWtsPT van PLE-\bURE TO HEE T (, . , TO VOUR 'TOU-Mft.JKWi HAVE ( L fteFORE ‘<iO T UOrsCn- u>( MUVf HAVE \ P * ,^h' CVE - ,T ' L_ - J l ..." :—— 5 l TAPIN’ A OHLIKF '' JMO.KED - r ■ y , 4, ’ - TO ~. I ( AONEOFW e • - 1 ’ • / „ N J ©l92i’ Int l fEAnme. Scnvicg. Inc. j|j; 3~ J

INDIANA DAILY TIMES, WEDNESDAY, MARCH 1, 1922.

Example N. 2. Q.—Assume In 1912 you bought a bond for SI,OOO, which bond on March 1, 1913, had a market value of SSOO, and this bond wns sold by you In 1921 for SOOO. What deductible loss may be claimed ? A.—s2oo, being the excess of the market vulue March 1, 1913, over the amount received. Example of No. 8. Q. —Assume you purchased In 1911 a bond for SI,OOO, which bond on March 1, 1913, had a market value of S7OO, and this bond was sold by you In 1921 for S9OO. Ilow Is this to be handled? A.—No loss may be claimed, as the market value March 1, 1913, was less thap tho selling price. In this case, an actual loss of SIOO has been sustained, but the amount received was S2OO greater than the March 1, 1913, value. No profit, however, has to be reported because the Martfh 1, 1913, value was less than cost.

til 1920, when It was worth $l2O a share, dnd then, gave It to Ills son, who In January, 1921, gave It to his wife, the stock at that time being worth $l5O a share. If subsequently the wife sold the stock for S2OO a share, her taxable profit Is not SSO, but SIOO, the gain over the cost-to the last preceding owner who did not acquire the stock by gift. In the case of property .acquired by gift on or before Dee. 31, 1920, the basis for ascertaining gain or loss from a sa’e or other disposition thereof shall be the fair market price or value of s jet froperty at the time of acquisition. Example No. S. "Q.—l Inherited a SI,OOO bond In 1920, which ffbnd at time I Inherited It had s market price or value of $l,lOO la 1921 I sold It for $1,200. What profit I report? A. —$10<L-belug the difference between value at date of acquisition and selling price.

Example No. t. - Say your operating net loss In 11)21 was SIO,OOO, In 1922 a net profit 1s shown of $5,000 and In 1923 a net profit ts shown of $9,000, then no tax shall have to be paid by you until year 1924 on 1923 net return, which tax will be based on SI,OOO aa follows: Net legs 1921 SIO,OOO Net profit 1922 5.000 Net loss for 2 years $5,000 Net profit 1023 9,000 profit 3 years $4,000

- 'A arrests were made for traffic vtlatlons. Persons killed by motor vehicles numbered 244. while 5.022 were injured. Millionaire Fulfills Dreamsof Childhood SANTA BARBARA, Cal. March I. Realizing e drean%of hts childhood days when he planned fantastic voyages, J. p. Jefferson, a retired multimillionaire of this city, has started on a one-year voyage to the South Seas. Mr. Jefferson and his wife, accompanied by a party of friends, are making the trip on a 125-foot schooner yacht, the “Invader.’*. . The first leg of the cruise will be to Manzanillo, Mexico, thence to Coos Island, where much treasure Is said to have been buried.by pirates of the eighteenth century. Many of the South Sea islands will later bo visited: then the yacjrt will be sailed Zealand. Australia. Borneo, the Philippines, Solomon Islands, Tapan and tp California by way of the Hawaiian Islands.

Highways and. By-Ways of LiF OF New York

NEW YORK, March I.—Bhlvering In the shame of the name are twelve little Hollywood*—located respectively in Alabama, Arkansas, Georgia, Illinois, Maryland, Mississippi, Missouri, New York. Tennessee, Virginia, Washington and West Virginia. The Illinois Hollywood already has gpne on record as desirous of a different moniker. The plights of these other Hollywood* communities that feel to their social depths the disgrace of the California Hollywood has brougjht to light a single city, town or hamlet In the United States has called itself after the metropolis, New York. They doubtless have been afraid to call themselves New York, and Chicago la n,ot much better off ns a godfather city, for the only other Chicago Is a tiny hamlet down In Kentucky. In contrast there are nine Philadelphia, twelve Bostons, twenty-five Clevelands, eleven St. Pauls, twent.v-ffight Washingtons, fourteen Newarks, twentytwo Buffalos, sixteen Rochester* and twenty .Portlands. The original Portland, In Maine, many years ago had oneof Its citizens engaged as a trader on the banks of the Columbia River, in the State of Washington, with a citizen of Boston for a partner. The men tossed a coin as to whether their trading uost should be called Boston or Portland, and the Portland man won—l. e., Portland, Oregon. Fashions In names come and go. A name -may become an Inspiring and radiant thing "or it may sink Into disreputes For Instance, take Columbus, a tribute to the great discoverer. When Villa, the Mexican bandit, and his ruffians descended upon and burned ' dumbus, N. M., the disgrace was rnosi keenly felt In twenty other American centers of population which bore the nnmee of Columbus. ranging from the august capita! of Ohio to the country store, postoffice, railroad station and cluster of frame houses called Columbus, N. D.

That the working and so-called middle classes do not favore “Jazz” and pouiar music, But, on the contrary, posse** an instinctive preference for bigh grade and classic composition Is the declaration of Mrs. J. F. D. Lanier, president of the Friends of Mush* an organization which had been In existence In New York nine and which bas In that time Introduced to tho public numerous notable works of the world's greatest composers. "It Is an erroneous Idea that the masses only like ordinary music,” said Mrs. I Lanier. “My experience ns had of tho Friends of Music has taught me that the reverse Is the ease. Their appreciation of the+est com posit ions Is € ver apparent, ar. Is evidenced by the approbation which greets tho renditions of tho Imposing works of Mahier and othor mas ters. Another point I wish to make Is ; that If It is the earnest desire of musical i conductors and promoters o'* orchestral . organisations to raise the standard of the popular taste, they must not adopt the attitude that anything will do for the public. Otherwise the standard never will b raised ancV all efforts to Improve musical conditions in America will be futile. "Give only thd best to the people and they will respond by liberal support of earnest endeavor. For nine years the Friends of Music have labored diligently toward that end and today wo have an enthusiastic following and no debts. Th* galleries at the town hall where we hold our concerts are always crowded, which proves that our poorer patrons appreciate our efforts. Our conductor Is Arthur Bfxlanzkv of the Metropolitan Opera, another fact which demonstrates that we believe only the best enjoys the widest commendation. ’* •The Friends of Music, which Is allied with similat associations throughout Europe, glres ten concerts each Reason, engaging for that purpose only the greatest artlata. It produced for the first time

THE GREA T LOVE IP DUE FRIDA Y At Murat for a Visit oh Two Days

The actor-dramatist, Mr Leo Dltriohstetn, In his success. “The Great I,over,” will visit this city on Friday and Saturday, with matinee Saturday, at the Murat. Mr. Ditrlchsteln stops off here en route to the Pacific Coast, where he Is to spend the coming summer putting on a repertoire of plays Mr. Ditrlchsteln is acknowledged as one of the ival artists on the American stage, but so much tn demand Is he in fcew York, Chicago, Philadelphia and Boston that his seasons are confined almost exclusively to the larger cities. Mr. Ditrichstein’s professional visit here in itself would be an event, but the occasion is made doubly Important because his vehicle, “The Great Lover,” is regarded by the metropolitan critics ns the s>ost thing he has ever done. So fine was he In this play that Miss Amy Leslie, the reviewer ojt the Chicago Dally News, described Mr Ditrlchsteln as “the Pest actor In the countr*y,” and Ashton Stevens, in the Chicago ilerald Examiner, proclaimed him "one of the finest artists the theater has ever known." ORIGINAL COMPANY IN ‘ABRAHAM LINCOLN” BOOKED. There Is only one company on tour playing In John Drtnkwater’s drama, "Abraham Lincoln," and this single organization Is 'presented by William Harris. Jr„ with Frank McGlynn in the role of Lincoln. Since the great success scored by the Drinkwater play, there have been several efforts to trade on Its success by .producing plays of semblance and like name In the regular; in vaudeville and motion pictures. For this reason Mr. Drlnkwater’s name is always associated with the title of the play. Owing to the fjet that there Is only one company, It will undoubtedly be several .seasons before “Abraham Lincoln” returns here for another engagement. So It might be well to set down tu this place the record of the play for the convenience es future playgoers. John Drinkwater had long been a student of Lincoln, but the actual work

In New York, Mahler’a famous Eighth Symphony at the Metropolitan Opera House, an event which is now epochal history of the city. Music critics and music lovers from all sections of the J nited States came to New York for the occasion, the medium being the I’hiladelpliia orchestra. / Located in the heart of Manhattan at 295 Fifth avenue within easy read} of j uptown business men, Is a model health ; Institute which Is one of five operating on this tight littre Island. I have picked the Fifth avenue establishment to tell about for the reason that it has been patterned after a similar Institution in Detroit, Mich., In fact under the same management; another iustanee of a benefit to the metropolis coming from the outside. New York had best watch out, else the United States will reform the] great city. The interesting feature of the place was the human environment, the tjfpes of men there —corpulent brokers, emaciated actors, prominent merchants. moving picture magnates, banker* and Industrial kings. •We gave our pledge not to mention any names But enough was seen to 1 demonstrate that a physical renaissance has hit New York and at last its men of business are commencing to realize health Is of more importance than gold. It would make a better story to write It that the big city has gone weight reducing, but tire facts are that a physical fitness campaign Is on and some Intelligent hun‘(reds have moved out of the "lost-hope corner” and are slowly “coming back.”

ROYAL COUPLE WILL LET REST OF WORLD GO BY Viscount Lascelles and Bride, Princess Mary , Begin Their Honeymoon. SHIFNAL, England, March I.—Amidst the beautiful bills and dales of Shropshire, Viscount Lascelles and his royal bride, the Princess Mary, began their honeymoon today. They are living quietly at Weston Park, seat of the Earl of Bradford. There was a big demonstration when the newly-married couple arrived by train from London. Both the bride and groom were radiantly happy and smildfl a* they acknowledged the cheers and shouts of welcome. Tho honeymooners will be Isolated from tho outside world. No visitors will be rppolxed at Weston -Park, nor will the couple be accompanied by any estate attendants. The only persons on the estate, In addition to the bride and groom, are the servants. Both the vlseonnt and his bride are fond of outdoor sports and this taste In common enhances their natural happiness. They will spend their time in walks, horseback riding, golf and perhaps an occcaslonal game of tennis. The weather Is excellent.

Lee /Arrested Again; Is Released Police reports were graced again today for nobody-knows how-many times tilth the name of Harry "Goosic" Lee, 31. 309 Indiana avenue, negro politician. Lee was Arrested on a charge of falling to stop after an accident when the license number of his automobile was found to correspond with that of a car that crashed Iqto the motor of George Merrimnn, .5812 Julian avenue, at Roanoke and Walnut streets. The politician was released on his own recognizance.

of writing the play “Abraham Lincoln" covered only about eight weeks. Drinkwater was at thnt time director of the Birmingham (England) Repertory The-' ator. The first time the play was over : given on the stage was at Birmingham, Oct. 12, 191$. In February, 1919, it was j taken to the Icrrie OperalHouse in Ham-. , mersmlth, a suburb of London, and. In ! June, 1921, it was played at the | Lyceum Theater In London's West End. During all these performances William Kea played the role of Lincoln, except for a few performances when Mr. Rea was forced to leave the cast by illness and Mr. Drinkwater appeared in the part. William Harris, Jr., assumed responsibility for the presentation of “Abraham Lincoln” In the United States. Atlantic City saw the first performance on this side of the water, Nov. 27. 1919, anil then It went to Washington, where It opened on Monday, Dec. 1. After a week the play was taken to the Cort Theater in New York, and remained for practically a ypar, forty-eight weeks, to be exact. Frank* McGlynn, at that time unknown j to the general public, but the creator of ! many character parts, and favorably known In his profession, was selected from a long list of players to create the role of Lincoln, and he has played It ever since, and when Mr. Harris sends the play here Mr, McGlynn will be seen in his % fnmous part “Abraham Lincoln," with Mr. McGlynn, will open a week's engagement at English's Monday night. -i- -I- -I- . The following attractions are on view today: "Margaret Anglin In “The Woman of Bronze," at the Murat; Thurston, a magician, at Engtit n's: Eddie Leonard, at It. F. Keith’s; ■'Pardon Me,” at, the Lyric; “London Belles,” at. the T’ark; “V Connecticut Yankee in King Arthur’s Court,” at Loews State; “The Swamp,’ at the Alhambra; “Over the Hill.” at the Isis; “Four Horsemen of the Apocalypse," at the Ohio; "Her Mad Bargain.” at" the Circle, and “Penrod,' jt Mister Smith's.

TT ■**■„■** i\ vttt~.

U. S. Too Generous

Senator James > Reed *has Just made known his views on the arms conference. Although approving in principle the naval armament treaty, he says that the United States has been too generous In Junking naval vessels.

Ye TOYVNE GOSSIP Copyright, 1922, by Star Company. By K. C. B - A FRIEND of mine. • • • WHO LIVES on a ranch. • • • WHERE ORANGES grow. • • • AND MAKES marmalade * • • AND PUTS It up. • • • IN LITTLE lars. • • • ENOUGH for one. LAVE ME two of them. * * * AND I out them both. • • • IN MY overcoat pockets. • • • JEST ONE to a pocket. • * • AND AFTER a while. • • • I STARTED home. * • • AND GOT In a car. /• • AT THE crowded hour. • • • AND WAS pushed about. • • • AND FINALLY. ft • ft A HUMAN being* • • * OF 200 pounds. • • • OR MAYBE more. • • • WHO WAS trying to balance. • • • AND BEAD a paper. m • • ft ( AME OVER my way. * • • AND I was Jammed. • • • AGAINST A seat. • • • AND IT must have been. • • • IT HAPPENED then. • • • AND ANYWAY. * • • IN A little while. • • • I GOT ft sent. • • • AND WHEN I sat down. • • • - THERE CAME a feeling. • • • THERE WAS something the matter. • • • AND I squirmed a little. • • AND KNEW right away. • • • j I WAS sitting In something. " i • • • AND I put my hand. • • • INSIDE OF my coat. ... AND IT was gooey. ... . AND THE goo was running. ' ... AND THEN I felt. * * * INSIDE OF my pocket. • • • AND CUT my finger. * • a ON THE broken bottle. ... AND GOT more goo. * • AND TOOK my band out. • a • AND IT was bleeding. a a a AND ALSO gooey. . ' , a a a AND I gooed np my pocket. •• v GETTING MY handkerchief. • • * * AND MADE an effort. • • • • TO WIPE my hand. • • • * AND BY that time. t t THE GOO was red. • • • AND l left the car. • • * AND THREW the other bottle. • ♦ • AS EAR as I could. ♦ • ft AND WENT Oil Rome. a * a I THANK you. ITALIAN MIXRIftS RESIGNS. ROME. March I—Minister of Posts and Telegraphs Pleesaro has resigned from the Faeta cabinet owing to a disagreement over the under secretaries appointed. It was announced today. A successor will be, chosen at once.

THINK HARDING SEEKS TO PASS BUCK ON BONUS’ Observes Hint President Will Attempt to Blame Farm ‘Bloc.’ ' 'v By WALLACE BASSFORD. WASHINGTON. D. C., March I.—lt is growing- into a settled belief among those who watch ami study the mystifying moves of big politics the President’s recent utterances on the “bonus” constitute a refiectlon of bis share to defeat the proposition and to let the blame rest on the farm b’oe, which he looks upon as the evil genius of his Administration. It Is believed .hat be would like to place th“Sx men in a bole from which they never be able to extricate themselves. When he gave It out that he did not favor bonus legislation unless the money could be raised by a sales tax, he knew that the farm bloc Is on record as strongly opposed to such a tax. Thus Harding “passes the buck” to those gentlemen and at the same time throws a sop to his Wall Street friends who wish a sales tax to eventually take the j! of taxes and surtaxes on Income*. In the same breath he tells the 60ldler he would like to see him get a "bonus,” but throws an obstacle in way. - It is more than suspected the President wpuld like to see a lot of* members of his own party fall outside the breastworks in the coming election fight. There are so many Republicans In the House and 8 nate he can’t handle them, and If any iall he would prefer that they be rr mbers of the farm “bloc” In both House and Senate. Os course It is well known the Democrats are getting together a most militant organization for the purpose of causing an utter disappearance of this unwieldy condition. One of the big Republicans told a newspaper man the ojher day that the leaders of his party were hopeful that .the majority of 169 in the House could be reduced to thirty or forty without starting an avalanche that would wipe out the majority completely. They would like to have a Congress that could be controlled by a few leaders, but it Is a dangerous time to try Hie tactics thought of. While addressing the League of Republican Clubs in Washington last atnrday the President made a damaging display of his Toryism. Only those who read widely and keep close observation are aware of the extent of Harding’s reactionary tendencies. Some who read this will recall he was one of the few public men who condoned the action of a little group In the Baltimore conven-. tlon of 1912 who withheld the nomlnafrora Champ Clark After he had recelyed a majority of votes and after he uad shown In the he was the choice of the voters. Harding showed then that he believed In the bosses handling and controlling conventions. He was always a bitter anti-Roosevelt man and always opposed Teddy, who believed In the people and the primary. He condoned the action of the convention that nominated Taft when everyone knew the masses of the party wanted Roosevelt. Stadents of politics understand that an inrallible test of a public man’s cn the great principles of government Is found in the nominating method system with all Its manipulation, trickery and fraud. President Harding takes his stand with those who still believe In the bosslsm of a few leaders, who dictate policies and candidates. In the address mentioned the Presidqpt said: "I would rather trust the declaration of a party, expressing the conscience of its membership In a representative convention. looking forward to a successful appeal to the conscience and convictions of the country, than I wonld to the ephemeral whims of passing moments in public life. I wish I dared —I will say it —I crave the return of Intelligent conventions. I had rather have men appeal ■ for popular support on the pronouncements of party conventions, uttering tholr convictions, than to have the appeal of the Individual for hi* particular locality.” Os course the President had- a reason for distaste for primaries—he submitted 'his candidacy to the people in the primaries and got turned down, but a few bosses, in a hotel room, made him President of the United States. But he has raised an Issue that is fnTT of dynamite. People remember Taft’s remarks about “the whims of the majority” and "the gusty passions of the mob.” Much water has gone over the wheels since then—a great war has been fought and won by the people of this country, but there are those who iremember that those expressions did a vast deal In the work of putting Taft ont of the jVhite House. Millions still believe that our Government derives Its just powers from thd consent of the and they don't propose to permanently delegate those powers to a few bosses In a hotel room some blocks from the convention hall.

Lighthouses Guide * Fliers* Night Trips LONDON, March I.—Lighthouses that ; guide both mariners and airmen are now \ shining along the French coast | From Dunkirk to Etuple* four sttch marine lights, situated at Dunkirk, Calais, Cape Grtz Nez and Staples, have been set np. • , Each of these light honsts flash out, in a series of light and dark period*, a letter tn the Morse code. Night air expresses are promised tn the spring' between Paris and Lolidon. each machine carrying twenty passenger* in a brilliantly-lighted salon. To Feed 2,000,000 Russian Children NEIY YORK. March I.—Meals for 2,000I 000 children in the fam: tie regions of Russia will be provided by the American I Relief Administration by March 1, according to announcement made by ths local office of the relief body. Shipment of food commodities ts being rushed from America. /N The relief administration hopes later on to -undertake the feeding of starving adults.

REGISTERED V. S. PATENT BITIOI