Richmond Palladium (Daily), Volume 39, Number 10, 21 November 1913 — Page 3

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, FRIDAY, NOV. 21. 1913

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E TAX LAWS Fiancee of Americas Richest Young Man ought to understand them. a.nd if that individual cannot, it is up to him to find some one who does.

STUMP" OFFICIALS

!Wall Street Lawyers Unable to Understand Provisions of Measure.

ITEXT COMPLICATED

Freak Questions Bother the Treasury Officials Who Should Know.

WASHINGTON,' Nov. 21. Col. W. K. Osborn, commissioner of internal revenue, and William G. McAdoo, secretary of the treasury, have their hands full these days Interpreting the regulations governing the collection of the Income tax. Not only were they "stumped" when congress authorized the collection of these duties and providing hat they issue regulations governing the collection of the tax, but they have been busy ever since amending these regulations, promulgating others and interpreting those already sent throughou the country. They, however, are not the only men inside the service of the treasury department or outside, for that matter, who have been puzzled by the new law. Secretary McAdoo himself eayB that he is not fully conversant with the situation, but "is pretty sure that lawyers, bankers and others who act in a fiduciary capacity have some idea as to what the Treasury Department means by the circulars that have been issued." From time to time, Mr. McAdoo cays, the regulations will be so amended as to make more certain the requirements which the government will insist upon, and until that time, he says, the matter must be "straightened ou" by experience. Country Is "Stumped". ' This naturally has caused thousands of inquiries from various sections of the country asking for opinions by treasury experts as to just what is meant regarding this section or that clause. Individuals, who have never heard "at the source of origin" before, are perplexed as to just what the phrase means. "Parity of notes," "physical date of incorporation," and like phrases that have from time to time appeared in the regulations, are all Greek literature to the uninitiated. In fact, from the nature of inquiries received, the uninitiated are not alone in their uncertainty, for prominent New York bankers, real estate operators and others have profesed their inability to understand the terms Used by the financial experts of the Treasury, and ask the Treasury department to help them out of a dilema. As far as practicable the treasury department will do this, unofficially because it is not the intention that It shall be prejudiced, if occasion should require that, it must go into court to defend or institute any legal proceedings incident to the collection o fthe tax. Some of the many inquiries that ore being received daily at the departmt concern the following: Who has to pay tax on alimony? Io burglars and grafters have to pay a tax and is it to be held as the source oof origin? Do owners of private dwellings living therein have to pay the tax? Do the real estate brokers hold the tax on houses rented for another? Why are the president, members of his cabinet and members of congress exempt from payment of tax, as far as their salaries are con-

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The Family Cough Medicine. In every home ther should be a j bottle of Dr. King's New Discovery i ready or immediate use when any member of the family contracts a cold i or a cough. Prompt u?e will stop the ' spread of sickness. S. A. Stld, of Mason, Mich., writes: "My whole family depends upon Dr. King s New Discovery as the best cough and cold medicine in the world. Two 50c bottles cured me of pneumonia." Thoufands of other families have been equally benefited and depend entirely upon Dr. King's New Discovery to cure their coughs, colds, throat and lung troubles. Every dose helps. Price. ' EGc and $1 at A. O. Luken & Co. ;

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Miss Helen Dinsmore Huntington is the fiancee of Vincent Astor, heir to the great fortune of his father, the late Colonel John Jacob Astor. .Miss Huntington and young Astor were childhood sweethearts, and there is no doubt but that the match :v 't'o result of a true love romance. Miss Huntington, who is a lover of outdoor sports and country life, is said to have exacted a promise from Astor that he would make his permanent home in the country before sue consented to be his bride. (Photo copyright by Campbell Studio.)

RHEUMATISM AND BRIGHT'S DISEASE

Prof. Budlong was Quickly Relieved of Both Afflictions by Using Rheuma.

If you suffer from any form of Rheumatism, remember that Rheuma goes to work quickly to remove the cause, riot simply to relieve the distress. Many years' use has demonstrated that it goes to the seat of the disease and expels the poisonous matter through the natural channels the kidneys, bowels, liver and skin. . 'For many years I was troubled with Kheumatism. also with Brlght's Disease of the Kidney's. I suffered awfully. Tried many advertised remedies. After using your truly remarkable preparation, RHEUMA, I was fully cured." - Prof. C. J. Budlong, Sound View, Conn. RHEUMA is guaranteed by Leo II. Fihe who sells it for 50 cents a bottle. ( Advertisement!

i cerned, as officers of the United j , States government? j ' Unofficially, Secretary of the Treas- j

i ury McAdoo has answered some of the questions. In regard to Jhe payment i of an alimony tax, the secretary does not seem to be particularly sensitive. ! It does not matter much whether the former husband or the former wife is j required to pay the tax. It was sugj gested that if the husband had to I pay the tax it might be used as a 1 reprisal on the wife. Under the I "source of origin" clause, however, ! the secretary says he believes the husband will be required to withj hold the tax, and that it must be deI ducted from the alimony installment . before it is paid.

The secretary refused to answer the freak inquiry concerning burglars and grafters. He couldn't quite figure

! out how the income of a burglar i could be held at the source, nor could he determine how the Unites States j government could collect the tax from 1 the burglar, unlegs he was caught in the, act of theft and the whole haul confiscated. Colonel Osborn. who hails from j North Carolina, does not think much of the brains of lawyers in New York, i Boston. Philadelphia and Chicago. He cannot understand why so many quesl tions have been asked concerning the i reasury regulations, and explains that i they are just as plaiu as day. j "Is it because the Wall Street

lawyers do not want to see or understand the regulations," he asked. "Well, Colonel." was ventured, "these men claim that the regulations are not clear and that they do not

understand exactly what they are required to do under the circumstances." "Fiddlesticks," replied Colonel Osborn. Even if lawyers and bank presi

dents cannot understand the regulations that the treasury department has drawn,, treasury officials are not worrying one bit. They have come to the conclusion that anyon familiar with finance can understand them, or

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ORE CHEERY NEWS For Early Holiday Shoppers

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Holiday Handkerchiefs That Are Worth Investigating

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