Indianapolis Times, Indianapolis, Marion County, 15 February 1938 — Page 4

CLOSELY-HELD' | TAX OPPOSED IN LUDLOW STAND

Chamber of Commerce Head Sees Inequity in Levies On Family Concerns. C. D Alezsnder, Chamber of

Commerce president, today had re- , peated his opposition to the pro-

posed Federal tax on undistributed

profits of “closely-held” and “family” corporations in a letter to Rep. Louis Ludlow. He renewed his op tion in replying to the Congressman’s request that a survey be made [of the effects of the proposed levy on Indianlis concerns. In the same letter, , Ludlow declared his opposition to the proposal. ? “We were surprised to learn that

many whom we would have judged |

not to be affected were after all —quite likely to be affected,” Mr. - Alexander wrote. “We know that

the tax would be a more serious| %

handicap to business here than in some places because of the large number of family institutions developed here throughout the years. - No Reason Seen for Tax

“There certainly is no good economic or social reason for singling them (businesses built up by a family or small group of partners) out for special punishment.” Rep. Ludlow said ne opposed the proposed tax as a “penalty” and “unjust burden. He was the second Democrat of the Indiana Congressional delegation to voice opposition to the proposal. ‘Rep. John W. Boehne, Ev- * ansville, House Ways and Means . Committee member already had declared against it.

A string of tiny freights on a switch.

Times Photos.

SENATOR TAKES LEAVE WASHINGTON, Feb. 15 (U. P.) — The Senate [today granted Senator

.| Special Judge Harry L. Gause yes-

+| tion will delay sale of the devices.

(TITLE HOLDER CASE GOES TOU. S. COURT] -

State’s Plea Is Granted in Maholm Suit.

T. Ernest Maholm’s sult attacking the Indians Titleholder Law today had been removed to the. jurisdiction of the U. 8. District Court.

terday afternoon granted the State's plea for removal, Deputy Attomey General Patrick J. Smith and Mark Rodenbeck, Assistant Auto License Commissioner, said they did not believe the litiga-

They must be displayed after March 1. Mr. Maholm is seeking a perma-

nent injuneti n. FERRIS IS RENAMED

BY WOOL GROWERS

T. I. Ferris, Pleasant Lake, was re-elected president of the Indiana Wool Growers Association at its annual convention at the Hotel Washington. Harry Davis, Crawfordsville, was re-elected vice president and Miss Hilda = Thomas, Huntington, was elected secretary-treasurer. She succeeds L. L. Needler, New Augusta.

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Pittman (D. Nev.) 10 days’ leave of written in letters

Mr. Ludlow, opponent of the un-

distributed profits tax two years . ago; . said proposed tax revision should carry répeal of that levy, rather than a new tax on corporations owned by a few individuals or members of one family. 3: Tax “Unjust Penalty” He said in his letter to Mr. Alexander that the proposed tax would impose an extra 20-cent levy on undistributed earnings of closely held corporations. “I feel that such a tax would unjustly penalize and burden a class of corporations that is worthy of every encouragement, namely the ‘family’ corporations,” he wrote Mr. Alexander. “Unless I am mistaken, Indianapolis has many such business establishments that have performed an honorable and useful part in.the upbuilding of our com‘munity and which are an asset, rather than a detriment. $ “As a representative, I do not fee! that I can or should remain acquiescent and inactive while such an apparently unjustifiable imposition is levied upon our business people.” He said the undistributed profits - tax has been a “millstone around the neck of small and middle-class businessmen.” "The Chamber of Commerce and ~ Associated Retailers of ‘Indiang already havé voiced protests against the proposal.

. JACKSON RULES ON EMPLOYER LIABILITY

Indiana employers who have reduced employment rolls to less than eight persons in 1938 cannot terminate their unemployment compensation liability until the end of the year, Clarence A. Jackson, State Unemployment’ Compensation Division director, announced today, He warned that employers must show they had less than eight employees for a full calendar year before halting such payments. | If they have had less than eight employees this year, Mr. Jackson said, they may file a statement at the close of the year and cease their contributions.

SHANNAHAN ELECTED BY POWER COMPANY

J. N. Shannahan, Indianapolis, today had been re-elected president of the Northern Indiana Power Co. at the annual stockholders meeting. All directors and other officers were re-elected. The directors are Mr. Shannahan, L. B. Schiesz, G. W. Goris, Fred W. Dopke, all of Indianapolis; Phil H. Palmer, Kokomo; Lawrence K. Callahan and Stuart J. Barrett, ‘both of Chicago.

CLUB TO HEAR STIVER

Donald F. Stiver, State fety Director, "was to discuss modern police methods and new safety measures at the Sigma Delta Kappa Fraternity alumni luncheon today at the Hotel Washington. Alumni officers include Othniel Hitch, president, and Judson R. West, secretary.’

-| track bristling with signal towers,

Fanciers Indulge

Local Train and Locomotive

Remembér how, when you were.a boy, you envied the locomotive engineer as he swung aboard, his cab, gave the whistle a couple of Sa ing toots, pulled a few levers and gtarted highballing?

ence in his

absence to attend a power conferjog state.

Bot. fry LYDIA EB. PINKHAM'S vice COMPOUND? —Advertisement.

Boyhood Dream

If you were like most boys, next® to the driver of a spanking team of fire engine horses, your hero was the engineer, or even the fireman. In Indianapolis today there is a grqup of men—bankers, lawyers, doctors, business and the like—who never have outgrown their boyhood love of railroads and are unashamed to admit it. They spend every spare moment at their hobby. Some collect pic- | tures. of locomotives and trains, from the earliest woodburners to the latest models, Others cheer for days after adding another loccmotive whistle, original blue print or switch lantern to their collections.

They are members of the Indianapolis Railroad Fans’ Association, which was formed last March and now has about 75 members. About 20 of them are members of an exclusive inner circle—the Indianapolis Society of Model Engineers, organized last November. As a ‘group, they probably: are the most enthusiastic of the city’s hobby “bugs.”

Build Scale Models

Each has his own miniature railroad line and yards. Not satisfied to buy ready-made track and trains, they build their own scale models, using blue print - specifications of

freight cars. Some of the engines are steampowered, other electric. There are three principal types —0 Gauge, with tracks and equipment built on a scale of one-fourth inch equalling 1 foot; OO Gauge, 4 millimeters to a foot, and HO Gauge, 3% millimeters to a foot. Several .fans have built larger miniatures with equipment sturdy enough to take the neighborhood children for a ride. The steamdriven locomotives are fired with charcoal, fed by miniature stokers. Some of the more interesting models built by the society members have been placed on exhibit on the second floor of the Em-Roe Sporting Goods Co., 209 W. Washington ‘St, to acquaint the public with the society’s work and in the hope of stimulating interest in the hobby. Mason Heads Society

On exhibit are faithful reproductions of old style and modern interurbans and streetcars, all types of locomotives, passenger and freight cars. The trains are operated on ‘a

sidings, semaphores and boasting many-tracked- yards. ; e society is headed by .John Mason Jr., ute 7, Box 46, whose ature railroad at his home is Eso to fellow society members “‘Lynhurst Lines.” Richard Naol is secretary and George Pendleton, dispatcher. Officers of the association are

even

Gordon Harker, Ben Davis Grade

- “SOCK” THA

before It Sacks You!

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of rst ig open the bowels. they check the infection

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When a cold threatens, go right for Bromo Quinine tablets, oS for

—and insist upan i oh i, C2 eis). are never real thing te

town headquarters were they can |

{ship on meeting nights.

real locomotives and passenger or | |

School principal, president; E. P. Belknap, vice president, and Jerome Manchester, secretary.

The society and the association meet jointly in the Union Station the first and third Mondays of each month. They are seeking down:

set up permanent trackage on which to show off their workman-

The exhibit, open to the public, will” remain at the store through Saturday.

Headaches and Nervousness Are Often Nature's Vung That Your Eyes Need Attention!

Poor Vision Means Poor Health. Have - Dr. West Examine Your Eyes Now!

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