Indianapolis Times, Volume 46, Number 198, Indianapolis, Marion County, 28 December 1934 — Page 14

PAGE 14

STATE REALIZES $11,904,216 ON '34 GROSS TAX Levy Is Paid by 277,134: Proved of Great Aid to Schools. The Indiana gross income tax law, enacted by the 1933 Legislature in answer to demands for property tax reduction and to insure sufficient funds for schools of the state, re* suited in the collection of $11,904,216 in 1934. the first full year of the law’s operation, according to Clarence A. Jackson, director gross income tax division. With gross income tax rates averaging .63 of 1 per cent, Mr. Jackson said the tax paid during 1934 represented income of approximately $1,890,000,000. Part of the income on which tax was paid, he pointed out. was received during 1933 and reported for taxation on the annual return filed in January, 1934.* Returns were filed at that time by 277,134 taxpayers, while Mr. Jackson estimated that with improved business conditions and a better understanding of the law, annual returns to be filed next month on income received this year would number more than 300.000. The increase in farm income is expected to add many thousands to the list. Close Watch Kept Most of the increase in tax collections was attributed by Mr. Jackson to greater business volume, but some undoubtedly was due to improved methods of collection, he said. Information returns have been required of employers, showing amounts paid to each employe, professional and business lists are being checked in the search for possible delinquent taxpayers and a field inspection service has been inaugurated. “Operating expenses of the tax division,” Mr. Jackson said, ‘‘have amounted to only 3 per cent of collections.” “Even gamblers and others whose income is desiged from sources outside the law are being investigated and required to pay tax on their receipts.” he said. Proved Boom to Schools The gross income tax became a major source of school revenue with the distribute in January, 1934, of $4,088,017 schools. Another distribution of 54.007.200 was made in July, and a third distribution is scheduled for January, 1933, to be made from collections of the last two taxpaying periods this year. “We have received several letters from school officials,” Mr. Jackson said, “asserting that they either would have had to close their schools early last year, or discontinue paying their teachers, if gross income tax funds had not been received.” Many suits contesting the validity of the law have been filed, but the courts have upheld the constitutionality of the act. Two suits have reached the Supreme Court, from which decisions are expected soon.

MORGAN TO ENTERTAIN 500 AT SOCIAL EVENT Financier Plays Host Tonight to Debutante Granddaughter. By United Brest NEW YORK. Dec. 28.—The season's tor.iest social event—J. P. Morgan's party in honor of his debutante granddaughter, Louise Morgan—comes off tonight in the magnificent splendor of the Morgan townhouse. At least 500 guests will attend, including 200 of Miss Morgan's friends. An invitation to the event would make a social reputation—lack of an invitation would break one. Ireland Bans Mae West Books By United Press DUBLIN. Dec. 28.—The Irish Free State literature censor has banned Mae West’s novels “She Done Him Wrong’’ and “The Constant Sinner,” it was announced today. Children’s Coughs Need Creomulsion Always get the best, fastest and surest treatment for your child's cough or cold. Prudent mothers more and more are turning to Creomulsion for any cough or cold that starts. Creomulsion emulsifies creosote with six other important medicinal elements —it is truly an elegant prescription. It is not a cheap remedy, but contains no narcotics and your own druggist is authorized to refund your money on the spot if your cough or cold is not relieved by Creomulsion.—Advertisement.

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FRENCH, ENGLISH MEET AGAIN

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Another generation of soldiers renewed the friendly alliance that was cemented in Flanders’ mud dviring the World War, when the British soldiers en route to police the Saar basin during the plebiscite next month made the acquaintance of French troops at Calais, where they landed. The Saar detachment was the largest group of British soldiers to land in France since the Rhineland was evacuated.

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The New Ford V-8 for 1935 is the biggest and roomiest Ford car ever built. It is a strikingly handsome car. with modem lines and new, luxurious appointments. But most important of all it is especially designed to give you smooth, easy riding over all kinds of roads —"a front-seat ride for back-seat riders." COMFORT TO MATCH MODERN PERFORMANCE OF V-8 ENGINE This ease of riding is achieved by the use of three basic principles never before combined in a lowprice car. 1. Correct distribution of car weight by moving engine and body forward eight and a hall inches. 2. New location of seats by which the rear seat is moved forward, toward the center of the caraway from the rear axle and away from the bumps. 3. New spring suspension which permits the use of longer, more flexible springs and increases the springbase to 123 inches. The result is Center-Poise which not only gives you anew riding comfort but gdds to the stability of the car and its ease of handling. You can take curves with greater safety. There are many new [matures in the Ford V- 8 for 1935 which make the car still easier to drive.

ON DISPLAY TOMORROW AT SHOWROOMS OF FORD DEALERS

THE INDIANAPOLIS TIMES

EVENTS OF ’34 ARE REVIEWED IN TIMES REEL Pictorial Resume of Year's News Features Is Shown Here. Outstanding news events which contributed to the hisxiry of the world during the last l'i months are to be seen in the cur-ent issue of The Indianapolis Times-Universal Newsreel which has Graham McNamee, noted radio announcer, as its Talking Reporter. The assassination of King Alexander of Yugoslavia, the burning of the Morro Castle with the loss if 129 lives, Cavalcade’s brilliant race to win the Kentucky Derby and the rioting of Paris mobs as a result of the Stavisky affair are among the startling events included. Other highlights to be seen include the apprehension of Bruno Hauptmann in connection with the

INTRODUCED TOMORROW ✓ A New Ford V*B That Brings New Beauty, New Safety, and a New Kind of Riding Comfort Within Reach of Millions of People

NEW BRAKES-NEW CLUTCH - EASIER STEERING New brakes give more power for stopping quickly with far less foot pressure on the pedal. Anew type of easy-pressure clutch employs centrifugal force to increase efficiency at higher speeds. New steering mechanism makes the car still easier to handle. The New Ford V- 8 for 1935 retains the V- 8 engine which has demonstrated its dependability and economy in the service of more than a million owners. There are refinements including crankcase ventilation, cast alloy steel crankshaft and copper-lead floating connecting-rod bearings —but no change in basic design. You buy premium performance when

Lindbergh baby kidnaping; the death of the notorious outlaw, John Dillinger, at the hands of Federal agents; the brutal murder of Premier Englebert Dollfuss of Austria in a Nazi putscn, and the death of Field Marshal Von Hindenburg, Germany’s Grand Old Man; the Middle West devastated by drought; the toll of the flames in Chicago’s great stockyard fire; Babe Ruth's retirement from baseball; the victory of Scott and Black in the England to Australia air race; the violence which attended labor disputes all over the country and the thrills of speed, crackup and escape in motor and air races. IRVINGTON CHURCH TO HOLD WATCH SERVICE New Year’s Eve Program Will Start at 10:30. Irvington Presbyterian Church, Johnson and Julian-avs, will act as host to the other two Irvington churches, the Downey Avenue Christian and the Irvington Methodist Episcopal, at a watch service Monday night starting at 10:30. Refreshments and entertainment will feature the first part of the program w-hich will conclude with a devotional service and communion.

you buy this Ford V-8 —full 85 horsepower and capable of 80 miles an hour. Other 1935 Ford features are Safety Glass throughout in all body types at no extra cost. New welded all-steel bodies. New wider rear doors. (Front doors hinged forward.) New lower X-type frame. (Makes it easier to get in and out of the car.) WIDER AND ROOMIER BODIESLUXURIOUS APPOINTMENTS Rich, modem body colors, including anew gunmetal finish of striking beauty on De Luxe body types. Luxurious new upholstery and appointments. New, wider pillowed seats and softer seat cushions. (Front seats are 4to b l /i inches wider.) Clear- Vision

T SCHEDULES OPEN HOUSE ON NEW YEAR’S DAY 200 Expected to Take Part in Program Featured by Variety. Arrangements are nearly complete. officials announced today, for the annual New Year’s Day Open House program Tuesday at the Young Men’s Christian Association. Preparing to offer one of the most colorful all-day events in association history’, physical training and trade school directors report that 2CO members will take part in the varied events. Every departmental activity in athletic and handicraft work will be demonstrated in a continuous program. Opening with a junior department gym exhibition at 2:30, the program will include numerous individual and group contests in indoor sports, and be climaxed at

10 with an aquatic show. A volley ball game, starting at 4, will follow the junior gymnasium exercises, and competing teams will consist of the following players: “Veterans”—Rev. Edwin Weiss, Ralph Wright, Enos Pray, Walter Stork. William Davis, D. C. Jeffries. J. Hoggatt and G Bruce; “Varsity” —C. E. Ray, W. Weidenhoffer, K. O. Vogel, Ralph Leas, R. Swingley, B. Sweeney, R. Sutphin, T. Summers and G. Wheeler. The wrestling club will give an instructive exhibition at 7:30, and Freeman Teegarden and John Connor will stage a tennis match. Three events, archery, boxing and go’s driving will start at 8. The swim-ming-aquatic show, including a W’ater polo match, and directed by Coach Jimmy Clark, will get under way at 8:30. Displays of welding, radio repair, chemistry and show card making will be on exhibit throughout the day. and weight-lifting demonstrations. officials announce, will be given by a group under direction of Lee Hart. NEW SAFETY SOARD HEAD STUDIES WORK Theodore Dammever Confers With Charles R. Myers. Theodore H. Dammeyer, incoming president of the Board of Safety,

Ventilation, with adjustable cowl ventilator and a windshield that opens. Combination fuel and oil gage and heat indicator on instrument board of De Luxe cars. The spring leaves are tapered for quiei as well as flexibility. Larger tires have anew, wider tread, specially designed for safety and comfort. Bodies are insulated for quiet and temperature. We invite you to see this New Ford V-8 at the showrooms of Ford dealers. You will want to ride in it —to drive it yourself. You will find it anew experience in motoring.

FORD V-8 PRICES ARE LOW * 12 BODY TYPES—Coupe (5 windows), $495; Tudor Sedan, $510; Fordor Sedan, $575; DE LUXE—Roadster (with rumble seat), $550; Coupe (3 windows), $570; Coupe (5 windows), $560; Phaeton, $580; Tudor Sedan, $575; Cabriolet (with rumble seat), $625 j Fordor Sedan, $635. TOURING SEDANS, with built-in trunk—Tudor Touring Sedan, $595; Fordor Touring Sedan, $655. (F. O. B. Detroit. Standard acceeeory group including bumpers and spare tire extra. All body types have Safety Glass throughout, at no additional cost. Small down payment. Convenient, economical terms through the Universal Credit Cos.)

.DEC. 28, li>„

called upon Charles R. Myers, present president, today and discussed problems of the department. The new Board of Works met in regular session with the old board today and took part in the discussionS REPAIRING Trunks, luggage, purses, umbrellas and zipper fasteners on coats, etc. Gausepohl Cos. 51 MONUMENT CIRCLE ACID-KNOX T INSTANT RELIEF From IVPIGESTION. M GASTRITIS. i. M SOtR STOMACH. C GUARANTEED. H ON SATE AT AEG HAAG DRUG STORES Eyes Examined HreS Glas.es Furnished *•*' Established 33 '’ears V Ja££e & Sons UtraiSif 7 N. Illinois __ 12 N. Pennsylvania \T / PAYMENT PLAN IF DESIRED