Richmond Palladium (Daily), Volume 39, Number 334, 7 December 1914 — Page 9

THE RICHMOND PALLADIUM AND SUN-TELEGRAM, MONDAY, DEC. 7, 1914

STAMPS WILL TELL VALUE OMflOPERTY New War Tax Makes Compulsory True Statement in Deeds.

"For one dollar and other considerations," Is a phrase which need not appear In deeds which are filed for recording. Under the special revenue act, the concealment of the value of city property and farm lands will be impossible. The revenue act provides a tax of $1 for every $1,000 Indicated in the deed. Fifty-cent stamps will be used to indicate odd amounts up to $500 above the even thousand. Thus It will be possible by stamps to ascertain the value of the property changing hands. Several reasons are presented for concealing the sale price of property with the phrase "one dollar and other considerations." Real estate men Fometimea use this method In order to make their own figure when they dispose of property. Often false values are placed in the deeds for the same reason. It is said that the value of some property for taxation purposes la unknown except to the persons through whose hands the property has passed. In order to have the true valuation of property which has become very valuable, made known through deeds, the one dollar phrase or false figures are used. Failure to state the true valuation in purchasing stamps for deeds, makes the person recording the deed liable for a $50 fine and six months' jail sentence, or both, at the discretion or ;he court.

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BILLION DOLLAR

(Continued from Page One.)

Fresh supply Mrs. Austin's Bag Buckwheat now on hand at jour grocers. 4.7t

experts have been convinced from the European war that submarines are equally as important aa battleships. The total asked for the naval estimate is $145,396,819.88, which is only slightly in excess of the amount carried in the last naval appropriation bill. The estimates for the army call for an appropriation of $104,124,510,999. Because of the practical completion of the Panama canal the

this undertaking dropped this year to less than $19,000,000. A river and harbor bill of about $53,000,000 is proposed, but almost nothing is asked for public buildings. The detailed estimates by departments for expenses for the next fiscal year are as follows: Legislative, $13,680,562.52; state department, $5,171,762.66; treasury department, $136,833,740; territorial governments $180,600; Independent offices

JM.Bbtf.uzu; District or Columbia, $13,668.23; war department $186,675,373.71; Panama canal $18,931,865.58; navy department $147,764,086.88; interior department $28,282,343.20; postoffice department, $1,820,695; postal service payable from postal revenues, $249,355,164; department of agriculture,

$zo,soo,4i3; department of commerce, $16,744,095; department of labor, $4,443,210; department of Justice, $10,857,918.50. Total, including the postal service, $1,090,775,134.38, Consider Currency Bills. When the house adjourned late in October, there were pending as unfinished bills two bills, to amend the currency law, and the Henry cotton relief amendment to these bills. These bills proposed to permit the shifting of reserves from member banks to the federal reserve banks and to increase the limit of circulation which may be issued by national banks against commercial paper. Special rules had been

adopted to consider these bills, and they had the right-of-way in the house today. The passage of these bills was prevented by the Henry cotton loan amendment directing the placing of $250,000,000 in southern banks to be loaned on the cotton and tobacco crops. If the house should have a breathing spell on appropriation bills it has on the calendar bills of major Importance which it can consider. They are: The administration bill for ' a government owned steamship line, with a capital of $30,000,000. A rule is ready to bring this bill up. The coast guard bills to combine the revenue cutter and the life saving services. The Foster bill to conserve the radium supply, already made in order under a special rule which was temporarily withdrawn. The Barnhart printing bill to check waste in the Government Printing office and save about $1,000,000 a year. This is in order only on Wednesdays. Members Steo Out.

As a result of the November elections, today also marked the beginning of the end of the legislative careers of scores of members of the present Congress. In the House particularly, the effects of the election will be felt for the Democratic majority of 147 will be reduced to less than thirty when the new Congress convenes a year hence, or in extra session before that time. Five Democrats of the Connecticut delegation, for Instance, have but three months to serve, the Republicans making a clean sweep in the Nutmeg state. Other conspicuous House figures who began today to

wind up their lawmaking careers at least for the present, include: Palmer of Pennsylvania; Hobson of Alabama; Goldfogle of New York; Stevens of New Hampshire; Stevents of Minnesota; Bowdle of Ohio; Bulkley of Ohio; Murdock of Kansas; Ansberry of Ohio; Fitz Henry of Illinois; Thacher of Massachusetts; Knowland

of California; Kelly of Pennsylvania, and Korbly of Indiana. Majority Leader Underwood will hold the House leadership, but three months longer.

State Briefs in Few'Lines

ALEXANDRIA A large nest of hornets Intended for exhibition purposes, suddenly "came to life" in the warm atmosphere of Spade's drug Btore. Three waiting customers , were stung and a clerk kicked over a show case before enough chloroform was scattered to subdue the pestiferous insects. They cannot be trusted in a high temperature. VTNCENNES Recently the moon in this vicinity has been of a deep bloody red hue. During the day the sun re-

FEELJTOUNG! It's Dr. Edwards' Olive Tablets For You!

Beware of the habit of constipation; It develops from just a few constipated days, unless you take yourself in hand. Coax the jaded bowel muscles back to normal action with Dr. Edwards' Olivo Tablets, the substitute for calomel. Don't force them to unnatural action with severe medicines or by merely .flushing out the intestines with nasty, sickening cathartics. Dr. Edwards believes in gentleness, persistpncy and Nature's assistance. Dr. Edwards' Olive Tablets open the bowels; their action Is gentle, yet positive. There 1s never any pain or griping when Dr. Edwards" Olive Tablets are used. Just the kind of treatment old persons should have. Dr. Edwards' Olive Tablets are a vegetable compound mixed with olive oil, you will know them by their olive color. Take one or two occasionally and have no trouble with your liver. bowels or stomach. 10c and 25c per box. All druggists. The Olive Tablet Company, Columbus. O

sembled a large red ball and the atmosphere had a peculiar reddish color. Inhabitants enjoyed the beautiful spectacle but wondered. Forest fires in the lower part of the county finally explained It all. MADISON British Lieutenant Howard Anveral Blight St. George, who was killed at the front Jn Belgium, was a grandson of George F. Baker, banker, of this city. ANDERSON One hundred hunting licenses at $1 each were issued by the clerk of Madison county between noon and 5 o'clock of one day. This is claimed to be a record.

GREBNCASTLE An alarm of hoof and mouth disease among a herd of cattle on the farm of Robert Allen,

near here, developed upon investigation to be a simple case of sickness caused by the cows eating too much smutty corn. The first report nearly caused a panic throughout Greencastle township. VI NCENNES Edward Blann, Democratic county treasurer, was required to file a $500,000 bond and called upon his friends to come to the scratch. When all those who had responded signed up it was discovered that Blann had furnished a bond aggregating $1,275,000. Apples and cigars were passed in appreciation of the response. ANDERSON While trying to paint a house Miss Sarah Morris fell into a cistern containing eight feet of water. She had "gone down" for the second time when William Wells, a neighbor.

handed her one end of a long pole and saved her life. Now Wells' friends think he should receive a hero medaL VEEDERSBURG W. 8. Cox, residing east of here, had his hand and arm o badly mangled In a corn shredder that amputation above the elbow was necessitated. He forgot that the pro. tectlon had been broken off.

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Yours For Xmas Glasses.

EDMUNDS-Optometrist

Phone 2765.

10 North Ninth.Street.

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RICHMOND, INDIANA.

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