Indianapolis Times, Indianapolis, Marion County, 13 January 1942 — Page 18

PAGE .

IMMEDIATE TAX YIELD IS NEED

Economists Urge System to Prevent Repetition of War | Error.

By MARSHALL McNEIL Times Special Writer WASHINGTON, Jan. 13—If a major fihancial mistake of World War 1 is to be avoided, taxes must be levied that will vield revenue immediately. not a vear hence. Se say the economists in support of the proposed tax on incomes to be withheld at the source. Indeed, they said so last summer, presenting detailed briefs to Congressional committees Those briefs were just in the hearings then. But now taxpavers are likely to hear more and more of these arguments for a withholding tax. The Treasury apparentIv has embraced the ides, the President mentioned it in his budget message, Just as the social secun tax is withheld now envelopes, a percentage n come would be witl a source under the new pian. an into the Treasury immediatel

fine print

ana ail

af 3 1ne yheld

G x

Cure For “Tax Lag” This would cw what econontists the A brief by Wn leading Engiish st finances, was made : summer's Senate finance committee hearings on the 1941 tax bill. She advocated a withholding tax, but said: “One of tures of the financ last war was the of the belligerent governmenis 0 collect an adequate tax revenu during the actual period of

The worst case of all w

ag" Hicks pub

Voit v4 § pal of

“tax sia K

uaent of

striking fea1 history of the

universal failure

ih <Q ne most

war of Imperial German) tax revenue hardly kept the normal pace! government and th War ° borrowing Incomes to Rise

Unless can be remove it is clear th taxation, ons Ie 10st imporinstruments f control of consumption in wartime. is really much less ful ti gen-

held to be his IS very

tant

erally serious

nsequence

rise In n-

Traium,

The first necessity tax structure is, thus, that it should be capable of producing

quickly.”

Tech Foundry Sh

Four tons of sand went inte this mold for a metal surface plate, shown being finished in the TechLeft to right, James Ogden, Frank Atherton, instructor, and Kenneth Bischoff, In the left background can be

nical Foundry Shop.

are turning out another inspection table for defense training classes,

seen the pattern for the plate, also made in Technical class shops.

Pupils Given Practical Jobs: Metal Inspection Tables Made

Theyre making more than ash trays and paperweights in the foundry shops of Indianapolis high schools. Some classes are turning out heavy, »d objects which well be a problem in a reai-

might the shop ndry, under Frank now engaged In huge metal Si ach weighing 2000 pounds The tables, called surface plates, i! defense training

parts.

tables

used inspection of be molded from achined. This would job for a fullv, but with the new yt the Tech shop, Most has been made by the class the bovs hs job with no qualms at ail. The shop at Technical has served beginning.

the schoo! Some of the articles now In use at

from its

y the school, which were made in the

on parts for dollies for hers at Tech staanvil bases for the

shop, are—braces and in

and forge shop. = =

Graduates Speak

Graduates of Technical who have made their niches in local business

are taking part in the Freshinan Guidance Forums, which are held to give the students some idea of the business world they are to enter. The speakers, who were secured bry the Co-Ordination Placement offices at Tech, are: S. B. Van Arsdale, of the class of} 1920, toll supervisor of the accounting department of the Indiana Bell Telephone Ca.: Miss Martha Currie, class of 32, department manager! and buver for the Charles Mayer and Co.; Earl Grimsley, "28, man-| ager of the jewelry department of | the Rogers Jewelry Co.; Mrs. Genevieve Wires Mitchell, class of "30, of} the adjustment department at L. S Ayres & Co.; Frank Andrews, "28, of the personnel department of the| E. C. Atkins Co, and Brunson Motley, 26, controller of the Zimmer| Paper Products Co. | = = = | Girls in the Home Economics Class II at Technical heard an expert story-teller speak on how to tell stories to children tomorrow. She was Miss Carrie Scott, of the Chil-! dren's Room of the Central Public Library,

=» » LJ

“The Third Act,” a one-act come- | dy by Gerhard Angermann, will be! presented by Tech seniors as their second matinee Feb. 11.

ITE

t the i ret a sort OF gs nd e p\€2 o Sov! : nove x il wntere 370 t how ot 9 Wo ally YO nu savin \

AUTO

FINANCING

CEES

THE INDIANAPOL:S TIMES

op Molds Defense

i |his experiments have shown, proDESERT SEEN AS ues a fiber at least as tough as 'the manila. fiber heretofore supplied {by the Philippines, and test plant- : lings have shown a yield 10 times . ‘that obtained when the plant grows wild, as on the desert. | Dr. Adam's airplane. plantings would not use the bare seed, but a seed mixed in a clay pellet containing a culture medium, fertilizer and insect repellent, in an outer cover ‘which disintegrates.

Widely Scattered The seed would be carried in a| large revolving cylinder suspended! from the fuselage of an airplane, and distributed from a low altitude

'U. S. Studies Plane Plantings of Guayule and

Yucca in Southwest.

By CHARLES T. LUCEY Times Special Writer WASHINGTON, Jan. 13.—A pro- | posal that war shortages in rubber land hemp be offset in part by air- : {plane plantings of the guayule and Shrough tubes, leading from the ‘yucca plants in the American south- cylinder, to any density required. west is being studied by the Agri- Dr. Adams has estimated that 500] |culture Department. square miles planed with yucea| The proposal is fostered by Dr. plants, at an estimated harvest of|

Lytle S. Adams, a Pennsylvanian y i : {with a background of successful in- some 13,000 tons of foliage Per} ‘ventions, who believes that the mil- Square mile, would yield all the {lions of acres of public domain in, yucca fiber needed by the United! |Texas, Arizona and New Mexico States. (are fertile ground for providing sub-| Such an area is only a small part] stitutes for the vital materials nor- of that available in public lands in| {mally obtained from the Far East. the southwest, he points out. | Dr. Adams has developed a device] While a considerable supply of! called a centrifugal seeder, operated | yucca is now available in this coun-! from an airplane, with which he try, it is sb widely scattered as to! says 50 acres can be seeded accu- make harvesting difficult and ex-| rately in five minutes. 'pensive, Dr. Adams says. f The yucca plant, Dr. Adams says| The Government, which has done |

little or nothing about guayule until very recently, is moving now to developed this source of rubber, and some members of Congress have interested themselves in Dr. Adams’ device as a means of aiding plantings. He has been conferring with Agriculture and Interior Department officials.

GLASS

a I Woe

TUESDAY, JAN. 13, 1042

TO EASE MISERY OF CHILD'S COLD

RUB ON\/ICKS

—) § VAPORUB

TRY A WANT AD IN THE TIMES, IT WILL GET QUICK RESULTS.

ON CONVENIENT CREDIT TERMS!

Dr. Paul W. Schmidt

11 E. Ohio St.

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