Hammond Times, Volume 14, Number 201, Hammond, Lake County, 12 February 1920 — Page 8

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THE. fTEtfEa Thursday. Frh. 12. 1D20. . - i .

VOL. 4, NO. 26. THURSDAY, FEBRUARY 12, 1920. " PRICE ATTENTION I

TNationai Crop Imprnvmnt Service 1 Tax exemption is un-Atnorii-an because it relieves ne elass at the expense of nf.othor. I'mil roc-out oars tax exemption of Federal and Municipal honiis nas a fairly haraik's isoal oxpoiii. nt, hut with the important changes that have taken phiw m roonomio conditions, especially in the methods of taxation, it can no longer ho justified. In fact, ii is a flagrant e U of which the majority of taxpayers arc blissfully unconscious. The original argument Cor the exemption of Federal Farm Loan bonds was that it would reduce materially the cost of borrowing nt farm mortape security, thereby re

ducing the farmer's rate, which was h

a conr.m:iiation vry much to lie desired but on thr other hand in niakin the Federal Farm Loan bonds exempt, it created a very desirable investment for those of large income who were willing t . pay enuiu;!i premium for them to take them out of the reach of the ordinary small investor and in consequence th, great bulk of them "nave gravitated into the coffers of the ory wealthy. This puts the burden of taxation on wasre earners, upon production. raT maierlaf, trar.-port.-it.oti ttic' imports, all of w'sfeh ha ,i ' ! more heaviiy tased f.. pay i!;e :'ive biibun new being annual';.- a.- --d. Twenty million . inerh-nn's own Liberty bonds which are now quoted at ;2 to 9.". Thev are tax.:ide. The

rich man prefers to loan bonds; they ar They are it-. tally q-n and some ha-, e broj.u $1.0?, someihin:: v.hi. of the hii! did not or; About one fa : mer i

buy ; tic

farm : sable.

"love par

it as ranch ns h t!ie f ranters cot. i siMy-fivt ha

f taken advantage of the Federal ! Farm Loan Act and is gettitijj hii i money at ,Va per eent but he has j placed an added burden upon the I other sixty-four farmers who are not enjoying revenue from 'the loan, j ur public policy has been baddy ! at fault either in the ma iter of taxation exemption or in 1 lit application of progressive rates to incomes. . The two policies are antagonistic ' and inconsistent, one or the other sould be speedily abandoned. U'e cannot and ought not to abandon j progressive taxation. That instituI tion is now firmly established in all i the important Furopean tiations. It ! is universally recognized as the only j means whereby the lax burden may

made to conform proportionately

to the individual's ability to pa. The tax system must he rnadcj equitable if the ideals of democrat it government are to be maintained and it is time to call a halt to the present policy of tax exemption. The weakest stronghold of that policy lies in the tax exemption clause of the Federal Farm Loan A' t and it is here th.it the public should declare itself and demand a square deal in taxation. Tax exemption is a "gtt-ri'ii-qniok" Ie ice that promises omthuig for nothing; but whi''h in reality has been shown to cost She pubbe tr.a-.nrv as much as sevn tittiewl'ni it gives to ii.e harrow-er even under cur present tax rai'-s. A low- rate of loans for farm improvement which will include the struggling tenant and the poorer class of farmers, is vyy desirable but it should not be brought about a the expense of our tax bearing citizens and for the benefit of our few millionaires.

M-:W M AltUI 1. If E !: I iY.i.'.i A. s-U:ni.'. 'anv;. I-.mIc. 1 ..; ,iv,i K ';'-.,, I.n le T'i. A-n.s il-n- ; Mary ..;..,:. ;..; . r'y. 'Ian:.:o:i'i. j .:.;:,. .... A s.i.a.i.i; , i ; ; !,..,,-,,- M. John 1 .- i '. . 'iiiea. M.,r;- h"a".i i S. : -v-. H u . ...;!!. Ua-..!ift.... Lea . .:t. Jo':n yt . K.i it f., i;,t.,t CP-i-.-si .; ':;. I - l

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tVj't'r K'tj -. .'vi. "!ev;i.... !'-;;,!. J Mo.-.'p-za. J i i cos. ;.r,i . ; Mik Tnt.l-. ;ary: M a ry K- incr, t;:iry. llnry J5lo-ii;an, tlaty; T i . .-a ,Vni- j rv Kdi.'tt. Hirv. I

Advertise in Tns TiHiCs and adKesjlts come wit constant effort.

i 1 I THROUGH U I jk . ti,c i j rT Greyhound l-l I '' Stylish in U Iff fc. ' - -a-Vv uA appearance f. i "--','----.. 7 " XCV I Comfortable in ftz 't I '"'-T'J; iji r " ."Cl 1 --s. hi Atypical ii i 1 k ihmimwim pi I Lmerson value Ej

GOOD taste is not always expensive. Emerson Shoes give you style ami comfort at a reasonable price. The smart model shown above is one of a wMc variety of dressy shoes for men who are a bit particular as to appearance but who do not favor high prices. Yon do not have to worry about the wearing qualities of a shoe when you find the Eruerson trade-mark on the sole. That trade-mark is a pledge of quality which ha3 been maintained for forty years. Back of it stands a great company making many thousands of pairs of shoes a day a company which guards its reputation as jealously as we do ours. Come in and let us shoic you how to save money on your shoes J. SCHLOER &. SONS 95 State St. Hammond, Ind.

PILES CURED The first account we have of the human family bein- afflicted with hemorrhoids is in the fifth chapter of I. Samuel, when the Philistines had smitten the children of Israel in battle and captured the Ark of God in the year 1 141, D. C. The people are still suffering with the same affliction. It has taken a!! these years to discover a safe and sure cure for piles or hemorrhoids, something that will cure to stay cured. Such a remedy is the painless dissa.vertf treatment. It requires no cutting, no loss of blood, no chloroform and no loss of. time. It is not an experiment, as thousands have been cured by this method. It will cost you nothing to come in and investigate. After examination a price will be made according to the severity of the case and a guarantee given with every case accepted. Hours: 9 12; 15; 6 8; Sunday by appointment. DR. D.l. DEAN RECTAL SPECIALIST 102 STATE ST., COR. HOHMAN. HAMMOND, IND.

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Our February Sale is the talk of the region. In spite of advancing prices and scarcity of furniture we are not depriving our customers and friends from our usual Half Yearly Furniture Sale and are offering such exceptional values that are actually astonishing in face of present conditions. The secret is in a nut shell. Our buyer planned this sale months in advance. Our entire organization helped him perfect it and carry it. Hence the great success. Hundreds of homes made more comfortable. Thousands of people talking about it.

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Golden oak stoutly built dining I able; round top and opens to 6 feet. The four chairs to

match have leather Seats.

f ebruary

$47.50

295 l'US 'UKonic t'cdrooni Suite, consoling of roomy dreser, full a-'nc bed, handsonsc chill ore tic and triple J mmor d,-CS5ing taL,jc C)f American walnut. An e xtra special for February.

)ruary,

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A 43 lb fe'l M.tircss, made in our own controlled sanitary factory. These mattresses are made with fancy art ticking.

lebruary Q 1 Ct OH

Sale

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A Dining Room Suite of real distinction, made of the finest grade white oak, finished in Jacobean and made in that famous neat Queen Ann period design. The tabic is 54 inches round and the chairs have genuine leather seats. February Sale

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Made by Karpen, of brown mahogany and upholstered in various shades of blue and mullberry. Q February Sale ij)

This Karpen all over stuffed Living Room Suite in beautiful tapestry and v el our combination. ( j C A February Sale

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4The World's Easiest Easy Chairs"

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ese. chairs

mad;, famous by

Button! Push the button the

back reclines to any comfortable angle slays securely locked until unlocked by another button pressure. Entire body sup

ported!- relaxed! Leg Rest concealed

when not 111 use.

1 Rrm-y

Discounl This Week Brings A Royal to Your Home.

For full particulars see the Saturday Evening Post.

- VCr;-4 Smia-QUAIITY-BONOR

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Two of the many Royals shown at all 3 stores.

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