Indianapolis Times, Volume 48, Number 60, Indianapolis, Marion County, 20 May 1936 — Page 22
PAGE 22
PROPOSES NEW TAX TO FINANCE WELFARE LAWS Head of Farm Bureau in State Urges Net Income, Liquor Levies. Lewis Taylor, Indiana Farm Bureau president, today recommended that the state's social security program be financed by a corporate and personal net income tax “with rates auicient to produce revenues required by the Welfare Act.” He suggested that the special tax committee set up by the Legislature also considered the revenue possibilities of the liquor business. “The committee should have little difficulty in finding sources of revenue other than property, out of which all state and local expenditures for the Welfare Act could be paid, without doing undue violence to taxpayers,” Mr. Taylor said. "A late report by Will H. Smith, United States Collector of Internal Revenue, sheds much light on this subject. It reports income taxes collected right here In Indiana, for the ten months period ending April 20, 1936, amounting to $16,178,678.12. At this rate, about $20,000,000 from this source will be collected during the 12-month period. Does the committee think that an additional amount of income tax, equal to half the Federal tax on net income, would be a crime against citizens of Indiana now earning such net incomes? Raise Cry Against Taxes “Without looking further, enough revenue could be secured to meet almost the entire needs of the Welfare Act “It would be, of course, double taxation, but 31 states, subject to Federal taxes just as Indiana Is, now are levying personal and corporate income taxes. If our General Assembly had the backbone, it could easily secure enough revenue from this source alone, the fairest tax there is, to meet the requirements of the Welfare Act. The cry is raised that it is unfair, inequitable and unjust to have both a gross income and net income tax. There are very valid objections to nearly all taxes. Those who now pay Federal income taxes also pay gross income taxes, and, because they have greater spending power, consequently pay more gross income tax than the less fortunate. “On the basis of ability to pay, there is at present in our state no form of taxation that adequately taxes the net income class, and for that reason, we believe that the "'next Legislature should immediately enact a corporate and personal net income tax with rates sufficient to produce revenues required by the Welfare Act. Liquor as Tax Source “This committee also should consider the revenue possibilities of the liquor business. “The Federal government, during the last 10 months, collected from producers of distilled spirits in this state, $24,665,158.93, and from beer, $6,988,200.11, or a total of $31,653,359.04. Our state, from various liquor sources, managed to collect $4,374,835.09. This also is double taxation. Inasmuch as consumption of liquors is a large contributing cause for need of a welfare law, why not substantially tax the production and traffic here in Indiana to care for their wreckage? “A tax, half as high, would produce revenue sufficient to pay a big welfare bill. Then our statesmen should have little trouble in seeing the revenue possibilities of a gift tax, and a tax on the gambling operations of various exchanges, or, increasing gross income taxes, and doubling the intangible tax. We realize, however, that there is an election in the offing, and during this period some folks are mooneyed or wear blind bridles.” CLERKS PICKDELEGATES Postal Employes to Attend Parley in South Bend. Delegates of Local 130, National Federation of Post Office Clerks, to the state convention Sept. 7 In South Bend were announced today. They are Reuben B. Barnes, Louis E. Decker, Edward Grimes, George Karl and John v D. Logan.
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JUNE 15 IS LAST DAY TO SEEK CROP LOANS Only Farmers Who Can’t Get Other Credit Are Aided. Final date for receiving emergency crop loan applications in Indiana is June 15, Clarence Manion, state National Emergency Council director, announced today. Loans are being made only to farmers who can not obtain credit from other sources. Applications are being received by the local emergency crop and feed loan committees operating in most counties of the state as well as by the field representatives of the agency. Indiana is served by the St. Louis office. Although requests for emergency crop loans are less numerous than last year, especially in areas showing a marked improvement in farm income, more than 150,000 emergency crop loans had been made in the nation at the close of business May 15, Mr. Manion said. OXNAM TO SPEAK AT HOSPITAL GRADUATION Methodist Nurses to Hear Him at June 16 Commencement. Dr. G. Bromley Oxnam, newlyconsecrated Methodist Episcopal bishop in the Omaha, Neb., area, is to be the commencement speaker at exercises of the Methodist Hospital Nursing School, June 16, in North M. E. Church. Dr. John G. Benson, hospital superintendent, is to introduce Bishop Oxnam, and Miss Mary E. Portzline, director of nursing education, is to present the graduating class.
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ALUMNI OF BUTLER U. TO HOLD CELEBRATION Thornton Wilder Play to Be One of Features June 13. Plans for Butler University’s 1936 alumni day celebration on June 13 were announced today by the committee in charge. The committee includes John L. H. Fuller, ’l7; Miss Allegra Stewart, ’2l, and Eural Byfield, ’24. The program’s to include a play, “Happy Journey,” by Thornton Wilder, with members of the Thespis Drama Society in the cast, the annual alumni business meeting, class reunions and the traditional supper. Members of the play cast are to be Winifred Andrews, William Fear, Ella Lee Gardner, David Dunbar, Joseph Nesbit and Ruth Repschlager. Volney Hampton is directing and Robert Emhardt is stage manager. Critchlow Will Filed The will of Wilmer W. Critchlow, retired Indianapolis business man, who died last Thursday, is on file today in Probate Court. The widow, Mrs. Mabel Knight Critchlow, received the entire estate, valued at more than $16,000. Dahlia Society to Meet The Indianapolis Dahlia Society is to hear Mrs. J. G. McFarland speak on show arrangements at their regular meeting tomorrow night at 7:30 in the Public Library.
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THE INDIANAPOLIS TIMES
MORGAN RITES ARE ARRANGED FOR TOMORROW Wife of Former Councilman Dies After Long Illness at 61. Funeral services for Mrs. Ida May Morgan, wife of Charles C. Morgan, former city councilman, are to be held in the McNeely mortuary at 7:30 tomorrow night. 3urial is to be in Centerville on Friday. Mrs. Morgan died Monday at her home, 1428 Pruitt-st, after an extended illness. Mrs. Morgan, who was 66, was born in Centerville and had lived in Indianapolis 40 years. She is survied by the husband and two sons, W. H. Morgan of Monahans, Tex., and Clifford J. Morgan, Dayton, O. Mrs. Matilda Reynolds Last rites for Mrs. Matilda Reynolds, who died at her home, 3215 Ruckle-st, Monday, are to be held in the Flanner & Buchanan mortuary at 11 tomorrow. Burial will be in Crown Hill. Mrs. Reynolds was born in Madison and had lived in Indianapolis many years. She is survived by five sons, Robert, John, Louis, Arthur and Julius Reynolds; two sisters, Miss Mollie and Miss Sophie Helfenberger, and a brother, Charles Helfenberger. Augustus Blue Funeral services for Augustus Blue, of Brownsburg, former Indianapolis resident, are to be held tomorrow at 2 in the Flanner & Buchanan Mortuary. Mr. Blue, who was 68, died Monday night in the Methodist Hospital. He was bom in Marion County and lived here most of his life. Survivors are the widow, Mrs. Emma Russell Blue; two sons, LawBargain Week-End Trips NEXT WEEK END CHICAGO *.. . .$5.50 Leave on any train 10:20 a, m. Friday to 1:55 a. m. Monday. Return limit Monday. Reduced Round Trip Pullman Fares. NEXT SATURDAY CLEVELAND $4.50 Leave 10:00 p. m. Return on any train until 2:35 a. in. Monday. Coach service. DETROIT $4.50 TOLEDO 4.00 SANDUSKY 4.00 Leave 10:00 p. m. Returning reach Indianapolis not later than Monday morning following. Coach service. Pay a visit to the Henry Ford exhibit at historic Greenfield Village in Dearborn, near Detroit. NEXT SUNDAY CINCINNATI $2.50 Greensburg $1.25, Shelbyville $0.75. Leave 7:45 a. m. Return on any train same day. Coach service. ST. LOUIS $4.50 Leave 12:30 a. m., 2:45 a. m. or 8:0O a. m. Return on any train same day. Coach service. BIG FOUR ROUTE Inquire about, low round trip fares over Decoration Day and week-end holiday period.
rence and Cortez Blue, and two daughters, Mrs. Inez Hatton and Mrs. Isa Brown. Burial is to be in Crown Hill. Samuel Ottinger*
Samuel Ottinger, died this morning at St. Vincent's Hospital after a short illness. Mr. Ottinger, who was 82, came
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to Indianapolis more than 30 years ago from Zionsville. He was a building contractor. Survivors are the widow, Mrs. Anna Ottinger and two sons, Dr. Ross C. Ottinger, 435 E. 49th-st, with whom his father lived at the time of his death, and Albert E. Ottinger, also of Indianapolis. Arrangements for the funeral are being made with Flanner & Buchanan.
DEPOSITORS TO BE PAID Closed Kokomo Bank to Allow 15 Per Cent Dividend. By United Prest KOKOMO, Ind.. May 20—Distribution of $385,000. representing a 15 per cent dividend, to depositors in the closed Citizens National Bank, will be made June 1, James W. Carpenter, receiver, announced today.
MAY 20, 1936
It will be the fifth dividend payment, bringing the total to 76 2-3 per cent.
COSTS LESS TO OPERATE: KELVINATOR ■ I vl Electric Ki*friertnr* 1 U |”7;. 15c . L—JI PEARSON ■mbbmi 128 N. PENN^m
