Richmond Palladium (Daily), Volume 43, Number 330, 4 December 1918 — Page 10
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juiCHMOND PALLADIUM AND SUN-TELEGRAM WEDNESDAY, DEC. 4, 1918
nOO OUTLINES FINANCIAL AID U. S. GAVE WAR
American People Gave Billions in Taxes and Subscriptions, Treasury- Report Shows War Cost $13,222,000,000. (By Associated Press) WASHINGTON, Dec. 4. The financial history of America's part lu the war is set forth by Secretary McAdoo 'n his annual report drafted before his resignation, and made public today by the Treasury. , It is the history of how tho American people paid billions li taxes, raised four great liberty loans and created a tremendous pool of credit .with which the treasury tbiough it's many war agencies paid lh bills of the army and navy, the shipping board and other government departments, loaned billions to the Allies and millions to war industries, J elped support the families of soldiers and sailors and tided farmers over periods of financial stringency. The report constitutes Secretary Mr Adoo's final accounting of his stewitrdship before retiring as the nation's fine nee minister. Throughout the report, Mr. McAdoo refers repeatedly to ihe remarkable achievements of America's civilian population in providing the money and materials of war, and acting as the "meagre second line of defense." Permanent Investments. For the fifteen months ending last June 30, Secretary McAdoo estimated that the actual cost of the war, with uliowances for the government's ordirar yexpenses in. ordinary times, p mounted to $13,222,000,000. Nearly half of this, of $6,499,000,000, went into permanent investments, in the form of ships, shipyards, war vessels, army ramps, buildings, and in loans to Allies or to American war industries. Of the year's expenses, 31.6 per cent, came from taxation. Tho civil establishment of the govirnment during the year spent $1,507, (00.000. while the War Department spent $5,684,000,000 and the navy $1,S6S, 000,000. For the support of the fumy alone the government paid out J4.4 12.000.000. Looking forward. Secretary McAdoo iound great difficulty in forecasting expenditures tor the current fiscal year vhich ends next June 30, on account of the sudden coming of peace. Estimates which he presented are based on calculations of eacn department in advance of revisions since the signIms of the armistice and he does not consider them reliable. With this exI lanation, Mr. McAdoo forecast exI :nditures for the year at $20,687,000,ik.C for government purposes and $4,::,COO,000 lor loans to Allies and $2.f '.1,000,000 for redemption of outsunding certificates and other cancellation. Total estimated disbursements for the year were put at $27,ns.ooo.ooo. Against this? estimate which actual i xpensej at the rate of a little more tl.ao a billion and a half dollars a tuonth to date,' indicate is too high. Mr. McAdoo calculated that the government will receive about $5,000,000,00 before the. end of the fiscal year iiext June 30, from income and profits lues, $1,100,000,000 from other taxes, tlf t.000,000 from suctoms and ,1555,0(0,00 from miscellaneous sources, int tiding $70,000,000 from increased 'jcstage, making estimated receipts from ordinary edurces $6,0846.000,000. In edditlon, he figured roughly on a llitlo more than $5,000,000,000 from further issues of liberty bonds and $1,200,000,000 from war savings. These figures added to receipts from Liberty Loan Bonds already sold make $14,3CS.C00.000 the total of popular borrowings expected during the year. On this basis total estimated receipts would be $21,022,000,000 or $6,695,000,00C less than tentative estimates of dirbursements. Actual developments :re expected to charge these caluclalions greatly. U. S. Public Debt. The United States' public debt last June 30 was $12,396,000,000. without taking into consideration .the $1,319.000.000 free balance in the Treasury to partially offset the debt. The public debt has been increased since then by the Fourth Liberty Loan of nearly $7,000,000,000 and by Treasury certificates of indebtedness amounting to seevral hundred million dollars. The report disclosed for the first time the activities of the Treasury's finking fund to buy up Liberty bonds Vn an effort to keep their price from falling far below par. Up to November 1. it is shown. $244,036,500 worth of bonds, face value, had been purchased on the open market for $234,310.000. or at an average price of about 96 per cent, and subsequently held by the Treasury. Of this sum, $172,445.000 were second Liberty Ix)an bonds, of both 4 and 4i per cent issues; $70,935,000 were third Liberty Loan bonds, and $65,600,000 were first Liberty Loan converted bonds. Mr. McAdoo took the occasion to emphasize again the importance of hastening enactment of the revenue bill now pending in congress. Hope to Continue W. 8. S. "Unless the measure becomes a law In the near future," he said, "it will not be physically possible for the Treasury to frame the necessary reguA WARTIME RECIPE FOR GRAY HAIR Lr nr far. Ail hflir ran be vji a ci i v v v. -- ----- immediately made black, brown or light brown. Vbichever shade you desire, by the use of the following remedy that you can make at home: Merely get a small box of Orlex powder at any drug store. It costs very little and no extras to buy. Disiiolva it in water and comb it through the hair. Full directions for mixing and use come in each box. You need not hesitate to use Orlex, as a $100.00 gold bond comes in each box guaranteeing the user that Orlex powder does not contain silver, lead, zinc, sulphur, mercury, aniline, coaltar products or their derivatives. It. does not' rub off. is not sticky or gummy and leaves the hair fluffy. It will make a gray haired person look twenty years younger. Ad vv,
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Reports of revolts and rioting all over Germany have come over the cables the last few days. Frankf ort-on-the-Main is one of SERVICE BUREAU WANTS BED LINEN Bed5 linen is especially needed by the Social Service bureau to loan to families in case of sickness, and persons who are donating in the drive which is being made by the bureau for clothing, bedding and shoes, are asked to give one piece at least, if possible, toward a linen closet for the bureau. Donations will be collected Wednesday and Thursday by persons in cars and anyone who has any articles of clothing, any bedding or any shoes is asked to call the Social Service bureau and the article will be collected at the house. IMPORTED GOWN IS TRIMMED WITH JET This imported jrown is formed of electric blue chiffon velvet, gracefully cut and draped. Black net fashions the upper part of the bodice and jet trims it. A broad sash of ! black grosjrrain ribbon encircles the waist and is tied at the back. Behavior of Yankees on Torpedoed Ship Praised by British IRv Assoriated Press) WASHINGTON. Dec. 4. The behavior of American troops aboard the steamship Persic when she was torpedoed last September 7 is oommneded in a letter from the British admiralty addressed tc Admiral Sims, and made public today by the war department. lations and to print and distribute the necessary forms before the returns and taxes will be due. The enforcement of the law will necessary be imperilled." Mr. McAdoo reviewed the financial practices of the year, including the floating of 6hort term certificates of indebtedness in advance of every Liberty Loan to prevent the disturbing of the money market by the loans and to obtain the money needed by the Treasury in advance of loan receipts. He said the war' savings movement had resulted not only in gathering in $834,000,000 for war purposes up to November 1, but it had helped to teach the American people thrift and economy. Turning to the enormous task of collecting $3,694,619,000 in taxes during the last fiscal year, or more than four , times the record collection of the year previous, the Secretary emphasized that this had been accomplished largely through the co-operation of business interests and individual tax payers. . . WmiamKidneyand Liver Pffls Bare you overworked your nervous system, nd. caused trouble with your kidneys and lifer? Have you pains in lotus, sid ud back? Bare you a flabby appearance; of the face and under the eyes? If so, use WILLIAMS' KIDNEY AND LIVER PILLS. Tor sale by all druggists. Price 60 cents. WILLIAMS MFC CO, Props, Cleveland, OUa For Sale by Conkey Drug. Co.
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r ranktort-on-the-Main. the important cities now swept by riots and practically in control of the Socialist-Democrat faction who even before peace loomed demand Dr. Eastman Purchases - John Miller Farm Dr. Thomas B. Eastman of Marion county has purchased from the heirs of the John F. Miller estate the farm east of the city. The transaction took place yesterday afternoon. The farm consists of 463 acres and was sold for $60,000. Dr. Eastman is going to move on the farm and farm it. ' CHICAGO HOOSIERS TO HONOR FIGHTERS CHICAGO. 111., Dec. 4 The first fighting man of the American expeditionary forces to place his foot on French soil after the United States declared war on Germany was Col. Daniel E. McCarthy of Vincennes, Ind. The first American soldier to give his life in France to1 help "make the. world safe for democracy" was Corporal James B. Gresham of Evansville. Ind. The first shot from an American gun fired in Europe in the war was fired by Sergt. Arch of South Bend, Ind. And every day from that time until 11 a. m., Nov. 11, Indiana's sons were in the thickest of the fight. It was an Indianian (Maj. Gen. Omar Bundy) who, refusing to retreat, sent word to his commanding officer that the Stars and Stripes never retreated and that he was going to attack. His division turned the tide of battle, which ultimately ended in the surrender of Germany. .' These are a few of the things that will be recalled at the big celebration of the Indiana Society of Chicago to be held at its fourteenth annual dinner Saturday evening, Dec. 7, in the gold room of the Congress hotel, presided nvr hv Federal Judge Kenesaw M. Landis, whose son, Reed Landis, is an "ace" in the American aero forces. Purdue Professor to Act as Corn Show Judge J. C. Kline, county agent, received notice this morning that Professor A. T. Waincke of Purdue, will be sent to Richmond to act as judg3 in the corn show to be held in Richmond at Jones and Williams' store, on . January 2 and 3. The premium list will be announced later. All Day Service at Nazarene Church Sunday The 'special revival at the Church of the Nazarene on North Fifth street is being held this week. Special singing and music .will feature the meeting this week. Old Gospel songs are sung. An all day meeting is planned for Sunday with basket dinner, which is to be an observance of Thanksgiving. M. T. Brandyberry is pastor. Polk to Be Arraigned on Murder Charge Monday James Polk, murderer of George Bunger. will probably be arraigned in court Monday morning. The trial of Walter Thornburg has been set for Monday, and this may interfere. ' 1 i 1 r. I l. lt LI V v. " " " " I ! to arrive in Richmond late this eveI nine or tomorrow from Clarksville. Tenn. His sister. Mrs. Griffin,' from Gary, Ind., is in Richmond now. She says that the family is at a loss to know what prompted Polk to commit the crime. He has never ueiore oeen i in any sort of trouble, she says. I . . - Army Deserter Is Taken to Fort Thomas i Frank Lombardo, deserter, was taken to Fort Thomas, Ky., this morning by Deputy Sheriff Carl Wadman. Lombardo registered in Richmond under this name, as 24 years old, and later went to California where he registered as Frank DIsanto, 20 years old. His sister-in-law came to Richmond last night and asked that he be taken to Fort Thomas. He may be defended there by the Italian counsel. The countries of the world in which earthquakes are most frequent are Italy, Japan, - Greece. -South America (the Pacific coast). Java Sicily and Asia Minor. , - - .- ; ' Dr. Vinton's VINT-O-LAX "Purple Pills for Liver Ills" constifa'tiok 10.nJ2Se.iie. INDOtlTION AtdiDnKfiMS HMDACHI Conkey's and other leading Druggists
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ed the kaiser's abdication. Frankfort is the oldest financial city in Germany. The bankers long ago saw defeat for Germany. - STAFF OF EXPERTS WILL HELP WILSOI Maj. Gen. Francis J. Kernan, above, and. Brig. Gen. Marlborough Churchill. 'ir-f stoflF 0f finance, trade, economic and military experts will assist ...uiu V) usun ana cne rest of the American peace delegation at the peace conference. Maj. Gen. Francis J Kernan heads the military section. Brip. ; Gen. Marlborough Churchill, chief of the military intelligence division of the S. A; E. F., is a member of the section. G. O. P. WINS IN ALASKA WASHINGTON. Dec. 4 James Wickersham, republican, was elected Alaskan delegate in 1916 by a plurality of 47 votes over Charles A. Sulzer, democrat, the house elections committee formally reported today in deciding the election contest.-' Mr. Sulzer obtained a certificate of election after court litigation in 1917 and since then has occupied the seat. A royal palace consisting of what is known -as the "white tower", appears to have been the beginning of the Tower of London. Alter each meal YOU eat ona ATOW8C fFORVbUR STOMACHS SAKE) and get full food value and real stomach comfort. Instantly relieves heartburn, bloated, gassy feeling, STOTS acidity, food repeating and. stomach misery. AIDS digestion; keeps the stomach sweet and pure. EATONIC is the best remedy and only costs a cent or two a day to use it. You will be delighted with results. Satisfaction guaranteed or money back. Please call and try it. A. . L.uKen tc Co.. Distributor Richmond. Ind.
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NEGH0 SENTENCED TO .REFORMATORY Henry Starling, colored, was sentenced to from two to fourteen years in the Indiana Reformatory this morning by Judge Bond. Starling was found guilty of assault and battery und intent to kill on Frederick E. Stoller, assistant superintendent at the Austin Construction company. The jury returned a verdict of guilty. A motion for a new trial was over ruled.
STATE BRIEFS I HAMMOND Clyde Marsh, who was decorated for bravery at Fismes, returned home to read his own name in the death notices. Marsh was gassed and shot at Chateau Thierry, but not until he had taken 28 Germans. TERRE HAUTE Joseph G." Elder, real estate man, died here suddenly after becoming ill at his office. A few minutes later his business partner, Charles M. Trout, became unconscious, and his condition is reported to be serious. MONTICELDD The body of Myron Tyner, a bachelor, was found 'in his room at the Cottage hotel at Monon. He had , been dead six weeks. LAFAYETTE Mrs. Ella Williams died at the age of 106 years. She was one of the oldest women in Indiana. EVANSVILLE The War Mothers of America, organized in Evansville several months ago, desires representation at the peace conference. FORT WAYNE The annual convention of the Indiana branch, National Congress of Mothers and ParentTeacher associations is in session here. DR. KEMPER ILL. Dr. A. F. Kemper is confined to his home on South E street with influenza. His condition is not serious. On the rock of Gibraltar and In some parts o England drinking water is obtained by condensation of the abundant dew. TELLS A SECRET Manufacturer of Famous Medicine Tells Ingredients, so Public Can Appreciate Pure, Reliable Medicine. Many people fear to take medicine to check and abort colds, cure coughs, catarrh, etc. This fear is groundless with all the products of the Blackburn Products Co., Dayton, Ohio. Not one contains opiates, narcotics or harmful drugs. Mentho-Laxene, for coughs, colds, catarrh and all distress following a cold, is compounded of Wild Cherry, Tolu, Cascara, Grindelia, Menthoe Ammonium Chloride, and alcohol sufficient to. preserve and keep in solution. Every ingredient is in concentrated form and the medicine is so strong that only ten-drop doses are to be j taken in the "raw" state. But the ideal way is to make into syrup by emptying a 2Y2 oz. bottle of MenthoLaxene into a pint bottle, then fill the bottle with granulated sugar syrup, made by dissolving a pint of sugar in a half pint of boiling water. It is said by thousands that this makes" a most effective home treatment for all cold troubles. The manufacturer guar antees it to please or money back. Sold by all druggists. Adv. Phoni'
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Cambridge City Man : " - Held at Indianapolis
INDIANAPOLIS, Dec. 4. Edward I Combs, age seventeen. Cambridge City was arrested by detectives Rugenstein and McMurty, when he started to board a train at the union station Monday afternoon. He Is Blated at the local police station oh charges of being a fugutive from justice and of vagrancy. The police say he is wanted by the authorities at Cambridge City on a charge of larceny. Sheriff and Deputy Ride Through Rain to Rescue of Frightened Woman Sheriff Carr and deputy Carl Wadman rode through the rain to two miles and a half beyond Hagerstown lat night in response to an excited call which came from a woman over the telephone. They were unable to understand what the call was about but they started out to do the rescue act without waiting for details. After skidding in gravel and just barely escaping a gravel pit several feet deep the sheriff and his deputy found a road which led to the house from which the call was received. Developments showed that a woman in the house had been frightened when she had been in the yard that evening and had seen two men crawl ing out of the straw stack. A man and boy had called at the house in the morning for something to eat and had evidently crawled into the straw stack and stayed all day. Omaha Trainmen Go Oat on Strike OMAHA, Dec. 4 Trainmen of th Omaha & Council Bluffs Street Railway company went on strike today at 3 o'clock in the morning. The men demand recognition of their union and better working conditions, including shortening of working hours. The street railway company has refused to deal with the men as a union. U. S. EMPLOYE ARRESTED WASHINGTON, Dec. 4. Edwin S. Gee, auditor for Ihe War Labor Board, is under arrest at Chicago, charged with forging government checks. Xmas k vM-' vV v-M W II II II
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Discuss Wage Adjustment y-y for Steamer Employes WASHINGTON. Dec. 4. Govern
ment officials, steamship interests and organizations of deck and engineer officers conferred here today with the National adjustment commision for the purpose of adjusting wages of masters, mates and engineers employed on ocean going 1 vessels. Abolition of the war bonus system for officers of ocean going shipping was one of the principal matters considered. Readjustment of wages and a reclassification of vessels also if sought by the ship's officers. FORD TO ASK RECOUNT DETROIT. Mich., Dec. 4 Announcement was made that Henry Ford has under contemplation a demand for recount of ballots cast ia the senatorial election last month. Relieve That Terrible Rheumatic Twinge With Dr. JONES' LINIMENT GENERALLY I MOWN AS BEAVER OIL Just rub it in acrnrrtln? tn Airiw. lions. A few applications give j AH sufferers of pain In any form find Dr. Jones' Liniment a sou res of comfort. It gives quick relief. I ALL DRUGGISTS. ! 30 AND 55 CEXTS. Jflftf S-a-1-II II II. Alx vMA. , 4- "C-
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