Richmond Palladium (Daily), Volume 46, Number 117, 28 March 1921 — Page 1

T

THE

RICHMOND

PAIXABIUM

VOI VT VT 117 --Palladium. Bat. IUL Consolidated VUU ALiVI., ISO. 11 wnh Sun-Telegram. 1W. - RICHMOND, IND., MONDAY EVENING, MARCH 28, 1921. SINGLE COPY 3 CENTS

KNOTTY TASKS STILL REMAIN FOR GOVERNOR Must Consider State Tax Board, Highway Commission, Board of Education and Other Departments. MAKES GOOD START

RUSS NATION LABOR BOARD

HIGHER VALUE ' TAXABLE AS INCOME, RULE Increase in Valuation of Capital Investment May Be Taxed, Supreme Court Decision Says Today. LOSS IS NOT TAXED

Boost Wool Chief Once House Speaker DROPS

Distinguished Visitor

APPEAL

BY PALLADIUM CORRESPONDENT INDIANAPOLIS, lnd... March 28. After a prodigious amount of conferring. Governor McCray has made a Et&rt on the business of re-organizing the state government to comply with laws enacted by the last legislature and also to meet his own ideas of what the state government should be.

But many Important phases of his task still remain, and, it is presumed by the political observers, that he will continue his duties in this connection during the present week. The state tax board, one of the knottiest problems he will hare to tackle must be considered as well as the state highway commission, the state board of education and a number of other departments. In the re-organization work he did last week the governor seemed to get Jong very successfully. No criticism "was heard of his appointment of Maurice Douglas and George Barnard as members of the public service commiESfon or of the reappointment of John W. McCardle on this commission. Js'or Is it hardly likely that his action In obtaining the resignation of Miles Schaeffer, head of the state Insurance department will provoke criticism. Mr. McC ray's removal of Schaeffer recalls the attacks that were made on this appointment when James P. Goodrich was governor. Many business men of Indianapolis who were interested in the insurance question protested the appointment ef Schaeffer and worked hard to bring about the appointment of Thomas McMurray, of Indianapolis. McMurray was highly recommended as one of the most efficient insurance men in the slate. Considers Women. Governor McCray has already demonstrated that he does not intend to overlook the women of the state. And in taking care of positions that can be adequately occupied by women he enjoys an advantageous position because bis secretary is a woman Mis3 Adah Bush. White it is not understood by any means that Miss Bush is dictating the appointment of women by the gorernor, it Is true that she Is In a position to giver fcim information directly and also to stake him ia.mil iar with many sources of information. Women who were appointed to positions last week were: Mrs. Samuel M. Ralston, wife of the former governor, member of the board of trustees of the Indiana Girls' school; Mrs. Carina C. Warrington of Ft. Wayne, member of the board for the Indiana School for Feeble Minded Youths and Mrs. Caroline Blackston Morrison of Lafayette on the board of the state f oldiers home at Lafayette. It is said also that the governor may appoint a woman on the state board of education. Nor has the present administration been slow to demonstrate that it intends to look pretty carefully over the agricultural interests. The governor already has called a conference of those who have the management of farms for state institutions and has announced his intention of erecting a building at the state fair ground that would house the year round certain ex perimental work of the Purdue uni-' versity agricultural experiment station. It also has been announced that Purdue university will operate an ex perimental farm of eighty acres in "Washington county. This farm will e under the direct supervision of the Purdue experiment station. Agriculturists can see much wisdom In thia move. With experimental farms of this size in different parts of the state much of advantage could be learned as to local soil qualities and best methods for soil yield. One of the surprising facts of the last session of the legislature was that some of the farmer members who were old in the

busness had come around to the side of scientific farming and were in fa or of appropriating generous sums for agricultural improvement. Arouses Discussion. The decision of Governor McCray to call a conference for the special consideration of proposed constutionai amendments relating to taxaton has caused considerable discussion and has led to surmise as to whether a movement to oppose these amendments is to bo started. The request for a conference was made by Alfred F. Potts, who is secretary of the Taxpayers' league, of Indanapolis. This league, which was organized several tnonths ago, has been taking the stand ihat conservative measures should be used in the matter of taxes aiid that there is danger of getting the tax rates to a point where they will be unduly burdensome. The proposed constitutional amendments relating to taxation were the cause of a hard fight during the iiilslative session although the fight was made quietly and not much was known of it by the public. The tight against the amendments was directed largely by business men in Indianapolis who are extremely fearful of any '"monkeying" with the tax question, and who believe that since the new tax law of the state is finally in operation after much trouble.the subject should rest. One of the proposed amendments would enable the legislature to establish a system of taxation. Generally it is understood that power cf this kind is desired so that there may be classification of property for fixation with varying rates on different kinds of property. But the fear is that when It comes to the classification of property and the establishment iff varying rates there will be an endless amount of controversy and many Uw suits. The last legislature enact- ( Continued on Page Two)

Frank Haganborth Frank Haganborth, president of the National Wool Growers' Association, is being talked of as a possible appointee to a position on the interstate commerce commission. He is being boomed by congressmen from the northwestern states. REID MEMORIAL CALLS REV, W, M'LEAR WORK TO ITS PASTORATE Rev. W. McLear Work of Pittsburgh, who delivered an address on the observance of the Sabbath before a mass meeting a week ago, has been called to the pastorate of Reid Memorial church. The call was sent to the Pittsburgh pastor at a congregational meeting held Sunday. The Rev. Mr. Work has been lecturing for the last year, part of the time under auspices of the National Reform association. Prior to that he was pastor of the Swissvale church In Pittsburgh for two and one-half years. He did his college work at Colorado college and Monmuth college, receiving a degree from the latter institution in 1911. He received his diploma from the Pittsburgh Theological Seminary in 1914. He earned money to support himself at the seminary by doing editorial work and writing special articles for the Chronicle-Telegraph of Pittsburgh. - He has maintained this relation with the Chronicle-Telegraph. Members of his family- axe prominently identified with the United Presbyterian church. His sister. Ruth Work, is a missionary in Egypt. Hib father, Joshua Work, was a commissioner to the general assembly of the denomination held at Reid Memorial church a number of years ago. He has organized three churches, and is regarded as one of the most influential laymen of the church. The Rev. Mr. Work is expected in Richmond with his family about May Memorial church said, that they learn-1 ed that he was a pastor of their denomination. DHflV flC OaDnialll mill I llr liAKIKInlfil "F ' -w m m v aaa wm IS LYING IN STATE fBy Associated Press BALTIMORE, March 28. The body of Cardinal Gibbons was borne this morning from the bed chamber in which he died last Thursday to the cathedral where he will lie in state until Thursday, the day of the funeral. There was no ceremony attendant, upon its removal from the archiepiscapal residence. Arrayed in the mass vestments of an archbishop, the body rests upon a catafalque erected at the head of the cen'er aisle, immediately in front of the chancel. The cathedral, within and without. 13 draped in purple and black. Day and night until the hour of the funeral, guards of 12 men, selected from the different Catholic laymen's societies, will stand beside the bier and each day from early morning until late at night a "guard of prayer" from the Daughters of Isabella, will kneel in the pews offering prayers for the repose of the soul of the honored prelate. The six front pews had to be removed to make space for the bier and for the procession which will be passI ing it continuously from 11 a. m. to I 11 p. m.. today, tomorrow and Wedj nesday, the time the public will be admitted to view the body. The first ceremony of the funeral was a requiem high mass this morning I for children, celebrated by the Rev. Louis R. Stickney, rector of the cathedral, assisted by the priests of the late Cardinal's household. SEARCH FOR BIRDMEN ENTERS FIFTH DAY PENSACOLA, Fla., March 28 Naval authorities here today entered upon the fifth day of their yet unrewarded balloon which has been missing since search for some trace of the naval last Tuesday when It took the air here with five passengers. Although sUll holding to the belief that the five men have been picked up by some fishing vessel, officials planned to continue the search unremittingly. In arranging to send the dirigible C-7 out for a thorough hunt today over Bay and Holmes counties, naval officials were working on the theory that the baloon might have carried far enough i to reach land there before descend ing if th3 men had unhooked the basket and climbed into the rigging. A steady shoreward wind, they believe would have carried the bag clear of the gulf in that direction if the weight hai bfen thus reduced.

IN EAST ASKS RECOGNITION Expresses Desire to Open Diplomatic Relations with United States, Japan and China, Says Dispatch. troopsTrotested

f Bv Associated fress TOKIO, March 28. Communications pYnrfSsin? a desire to onen dinlomatic relations with Japan, the United ! States and China, have been sent to the capitals of these nations by the Russian far eastern republic, says a Vladivostok dispatch to the Jiji Shimpo. The Chita government has also issued a declaration to the world, demanding that foreign interference in its affairs cease, and that foreign troops evacuate eastern Siberia, it being claimed that their presence there is in violation of law. The declaration also says that the republic is composed of the territories of Trans-Bai-kalia. Pre-Baikalia, Amur, Pre-Amur. Maritime province and the island of Saghalien. The dispatch declares that tome delegates to the constituent assembly of the republic have denounced the action of the government in ceding a part of the peninsula of Kamchatka to the soviet government of Moscow, asserting that this action will result in placing the region in the hands of American capitalists and in inducing Japan to take aggressive measures at the mouth of the Amur. Says No Connection. The Japanese foreign office says there is no connection between the disDute over the cession of Kamchatka and the proposed re-occupation of i points on the mainland of Siberia by j it is declared that sending troops to I uie mainjana narmomzes witn tne original project to occupy Russian territory until there is reparation for the massacre of Japanese subjects at Nikolaievsk last year. For the purpose of establishing communication with the new garrisons.the government plans to put up wireless stations at Nikolaievsk and at Castriea bay, further south, and the build in of liehthouses alonz the coast i3 nn.mi.t. 1 Prominent officials of both the war and foreign departments, declares the Yomi-Uri Shimbun, favor the maintenance of Japanese troops in Siberia so that the hand of Japan may.be strengthened during- negotiations regarding the fishery and other pending questions. LONDON PAPER BACKS HUGHES RED STAND

oy Assuiuiru land oiuers lncerestea in tne aaopiion " " n " rue wuu-1 with the confirmation of the board LONDON, March 2S Agreement j of the city manager form of govern-1 ty. Monday. "The temperature this j refiident pr0Perty owners are yet alwith the principles enunciated by ment for the citv. r.r0'.ahly i'l morning was S6 degrees and the pre-1 lowed 10 d avs which t o remonstrate

Charles E. Hughes, American secretary of state, in his reply to overtures ! for a trade agreement hv the Rnssian Bolshevik government is expressed by the V&ily Mail, in commenting on the situation. The newspaper says the j British government's attitude in conI eluding an agreement for the opening of trade relations with soviet Russia contrasts strikingly with the American decision. President Harding, declares the newspaper, distrusts bolshevik diplomacy and lost no time in rejecting Lenine's overtures. "It is certain Great Britain will find herself at variance with the Bolsheviki sooner or later. It is obvious that Russia will have to be kept well up to her undertaking to abstain from hostile action and from spreading propaganda against the British empire. Public opinion here will remain disquieted until the terms of the soviet treaty which touch Indiana most nearly those relating to Afghanistan have been fully disclosed." IMPORTANT JUNCTION IS TAKEN BY GREEKS (By Associated Press) ATHENS, March 28 Afiun-Karahid-sar, an important railway junction south of Eski-Shehr, has been taken by Greek forces from the Turkish Nationalists, says A Smyrna dispatch to the newspaper Nea Ellas. Many prisoners and large quantities of war material have been captured, the dispatch declares, and the Turks are fleeing toward Kiutayah, about 50 miles northward. An official (statement giving details of Saturday's fighting says that the army east of Smyrna occupied a line running through the villages of Chesne, Shahmbal and Balmachmid and pursued the Turka to within approximately four miles of Afiun-Karahissar, wht-re the attack halted for the night. It is said the Greek losses have been insignificant. The Greeks east of Brusa have advanced as far as the line drawn through the villages of Pazarjik, Kiurtik, Cuezil, Crestes, north of Bughut. These towns are northwest of EskiShehr, and the statement seems to indicate that the Turks are entrenching themselves before thi3 important city.

Old Greensfork Resident Answers Call of Death Greensfork, lnd.. March 2S Eli Cates, aged 83, a life long resident of this vicinity, died at the home of his daughter, Mrs. Julian Davis, one and one half miles east of here, Sunday evening. Funeral services will . be held in the Greensfork M. E. church Wednesday morning at 10 o'clock, followed by interment in Fairfield cemetery. i

! trill U

M. Rene Vivian) M. Rene Yiviani, lormer premier of France, comes officially to extend congratulations from France to our i new chief of state, Prasident Harding, i It i3 thought, however, that he will discuss with the president the association of nations which Harding has iu mind - HOME RULE CAMPAIGN STILL UNDETERMINED; MAY BRING SPEAKERS Several hundred more name3 were added to the petition for a city manager rorm ot government ror "cn1 mond last Saturday, which monu last Saturday, wiucli bad Deen 1 for the signing of the petitions, ports from the committee T71 - . , I ,in ! compile the final draft ot the'pe'tftjon j Lllbt, TV 11 to be presented to the city clerk and the common council will not- be made (for several days, du to the fact that all petitions must be gone over to eliminate any names that do not con- j lorm witn tne requirements or tue statutes. j Leaders in the movement estimated j I that the number of signers would run ; over -the 3,000 mark. j ! A meeting of rpDre3entatives from 1 the civic organizations of the city, j hcldw tj"3 week ,to dLscuss the methods for putting the pi inc.y this week to auscuss the Desi !s Ot Kuumi utriuic the vot ers. Campaign Undetermined Just what form of campaign will be !

staged none of those most active in'1" Monqay morning. 11 uie sk

the preliminary steps would state. It is Known tnat f.peaKers ot national reputation will be brought to the city if possible Large community meetings and smaller gatherings in each ward probably will be the outstanding features of the movement here. The reception accorded circulators of petitions for a special election was good, according to reports turned into headquarters. This was pointed to as an indication that people of the city as a whole regarded the proposed government with favor. Many people stated that they we're in favor of the election, but that they 1. r r nA . . T. 1 t n I 1- flAtralillAfl . ' I n - . . . . . . PP. wre Ik. .. UM.J..U4 in naving an active campaign to en - lighten them on the features of the proposed municipal government. The steps taken by Richmond are being watched by other cities of the state and inquiries are pouring in rel ative to the steps necessary for securing an election, and the methods adopted here. Why Richmond is the Best Place in Which to Live ftarh dnr Pnllndlam repnrtrr Mill lnlcrlew prrMooN at rnndom lo find out nliy lliry Ukr to Uv here. "I think the people you have interviewed bave told ou pretty nearly every reason that 1 know of why Richmond is a good place in which io live," said a man in a local restaurant Monday. "I haven't much to add," he said "except the fact that Richmond is a healthy town. I don't think anybody has put it exactly that way. Of courae you have mentioned that the water supply is pure and that gOP3 to make health. "There are no disease breeding swamps near here. The land is high and dry. The air is pure and comes to us over stretches of prairie. "The streets of Richmond are kept clean and refuse is not allowed to lie about."Children are taught in the homes and in the schools the . value . of personal cleanliness and grow up in our invigorat-: ing city to be clean men and women. - "I tell you sir, that Richmond's all right."

FOR INCREASE Dismisses Request for Wage Raises Filed by 1 5 Railway Unions Against 67 Snort Lines.

PRESENT WAGES HOLD 'By Asoiatri1 Hrii! CHICAGO, March 28. The United States railroad labor board today dismissed appeals for increased wages I filed with it last fall by 15 railway laj tor unions, against 67 short lines throughout the country. Short lines which accepted for their men the terms of the 1600,000.000 wage award of last July will not be I privileged to go back to the old scale under today's aclion, however, the au- ' nnlinnamflnf rF tVA Vwi a rA cavina "This decision shall not be considered " affecting any wage Increase now in effect nor any agreement regarding 1 u I p hpfmaon nnv nf tliu riirriora and thUr employer ' ! About 4,000 Affected The board decision affects approxtjrately 4.000 employes. The railroads involved are in general remote from large cities and provide service forj small communities in nearly every ! state. Because of the varying kinds' of work performed by the employes the bcard said it found it "imprac- ! ticable to decide on the evidence FUbmitted what are reasonable wages for the varying work under infinitely varying conditions" by the employes. Military Honors Paid at Smith, Moron Burial i

CAMDEN. O., March 28. Funeral " conurmea uy services for Warren Smith and Phelan j boTd ' works ModaT mornIneMoran who died in France were con-1 Opposition by resident property ownrinrted in the. Methodist church Sun-!"3 on Kmsey street failed to stop

day afternoon. Both saw service in France during the World war. Their bodies arrived home last week. The funerals were conducted in a military manner by the American legion. The band cf the Richmond post played. A large audience paid honor to the i i j; i it i u iu - 1 ... . . . .. . . " , , .uv , . , .e . h ; - nnfc a i j j . i.tiv ivT ;;. W TT fc UI 1 LUV3 . fcUC I neon. i ? - v SOME FRUITS HURT, OTHERS IN DANGER, SAY WAYNE GROWERS . if 'Get out the smudjre pots tonight, you have any," is the advice of Weather Forecaster Moore to the fruit 1 uicuon is iorvii aegrees oe.ow .... ! morrow. "The leaves 1 and b ooms of the plum Z;p7k TJ.l, ro"1 '7n; ;-": Stephen Kuth of the State Lino fruit If the sky clears ana we nave a coia nignc u win u suuu-uj- iu uie nun. hib moisture may save the buds from serious harm though, if we have no worse weather than this morning. We are the peach and plum crop, however, .-ppies anu uaernes, ot course, are still safe." Plums are in full bloom now, according to Kuth. and this cold spell caught them at the worst time. Peach Buds Damaged. A few peach buds are open, according to Walter Ratliff, of Richmond, and they will be hurt, but was cont fwlA.f (lint . r, 1 V. V, n A Kaah 1 I J1T II I LUAl 1 1 W UiaLUI I1L1 1(11 til 11111. 111 1 ''i JiwjJl2 1 "'"o"w o..... VUv., o-?-Uy apricots, which survived tho I frst cold snap in good shape, only a j w being nopped. The snow which fell j on litter covering strawberry beds will protect them from serious dam age, said Ratliff, and other fruit except for early plums, peaches and apricots, will escape. "I have an apricot tree and a plum tree or two that are in bloom now," M rii v- r ltw and I don't see how they can escape. The peach buds will be killed, too, if and early apples are budding out. and may suffer." nine to 1 1 c i ir, auu 3vmc mil i-.i ! All Wayne county will suffer from i the cold wave tonight, according to ' If lc Ko ci rr rTi t hot OlVAnt ! over the northwest Saturday, and the only hope of moderation before Tuesday morning lies in a sudden change in the wind. GOLD WAVE DAMAGES MIDDLE WEST FRUIT fBy Associated Press) CHICAGO, March 28. The cold wave which todav was moving eastward over', the Mississippi and Ohio river valleys caused widespread damage to some of the fruit raising sections of the middle west. The damage was especially severe in southeastern Missouri, and southern Illinois were in bud, and winter wheat without the protecting blanket of the winter snows. Freezing temperatures were reported from all sections north of the Kansas-Oklahoma boundary, thermometers registering from 32 to as low as 12 above zero. In Chicago an icy blast out of the north shifted to the northeast and seat the government thermometers down to 21 degrees at midday. The heavy wind was one of the saving factors AAA 9WAUV , UlCi Al Uiv evvuui.

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Robert N. SUnfield Robert N. Stanfield, new Republican .senator from Oregon, was formerly peaer i me ureguu mmsc ui ivyresentatives. ..van.( PflWC Rlfl DECRI I IT I II K3 UUIirinill IlLOULU I lUll RAISING ROAD GRADE; PETITION MODIFIED Resolution for raising the gTade of I the national road from West Second ft.rpt. to the rivpr. inakini? the Errade tho same a3 that of west second and the confirmation of the petition for

improvement of Kinsey street by the board of Works Monday. Modifica-rY31"3

tion of the petition, making it read. from the w est line of West First irel. lu nwirmunrwi, wMuuue. Thls eliminates improving a jog in the street wnere west rirsi street angles fnr ohnnt 7 !"L fast for about 75 feet Kosf.op. 11. Hjndel.a. resident.. nron ertv Viwn on th ' Ktroei annaronttv - - ' - " " was spokesman for, the remonstrators He questioned the legality of the board continuing the hearing of remonstrators from Monday, March 21 to Monday, March- 28. Mr. Hindel also held that on Monday, March 21, there j were enough remonstrators to defeat ! the improvement project. He cited in- ' stances where he said he had been told by large city engineers that a j tarvia surface, as planned, would prove ! unsatisfactory, and pleaded for time, in which to allow the cost of improveI ment to decline. However a majority of the 53 resi1 dent property owners were on the pej tition for improvement, Monday. A ! three.tach , r of tarvIa.x i3 0 be put upon the street after leveling. U-A Iom,ol j,-,..,, tuitt. . asked in communication, that the , nospital drive ways be scraped and -..j . i c oft , . oiled. A check for $90 was enclosed. Upon motion by John E. Peltz, the board moved to return the check and I accomplish the work without cost to j "SS1 Complaint was made by the Ameri can Seeding Machine company against an -fid house-wagon located In North G street, between Sixteenth and Seventeenth streets. It was said that the house wagon is owned by an old man, who has had his improvised home next to the company's lumber yard for a long period. B. F. Williams, who operates the ... a . ... provide r-Palrs for Ih, two buildings. The city engineer and park superintendent are to confer in regard to the matter. A bid for a dance hall ! T Vr ' ' 'IT p uiair tT .1. i t-i avjijf tit;. IL WLIS taken under advisement. COLORADO MAN NAMED WASHINGTON, March 28. Hubert wf" , Tc- a, AnjencT?n ! Medical Association, and former lie- "-' jio.wv.iai VsisuiuuuiCT-iLldUl l null Colorado, was given a recess appointment by President Harding today as . . u i-ma-r general I Weather Forecast MOORE'S SPECIAL FORECAST. Fair. Below Freezing Tonight. - Generally fair weather will prevail tonight and Tuesdav with temperature several degrees below freezing tonieht throughout Wayne county. It will be somewhat warmer Tuesday afternoon and warmer on Wednesday. For Indiana, by the United States Weather : Bureau Fair tonight and Tuesday; colder in east and south por tions tonight; rising temperature northwest portion Tuesday. Temperatures for Yesterday. Maximum .70 Minimum 42 - " Today. Noon . General Conditions The storm that was over the southwestern states Saturday afternoon moved across Indiana and adjacent states Sunday and Sunday nijht, causing showers and thunderstorms. In Its path, while tho cold wave over western Canada moved southward as expected, causing mnch cooler weather to overspread the Mississippi - valley states. Temperatures ranged from- zero to 12 below in the northwest. . , Barometer at 7 a. m., 30.23; noon, 33.40. :. .,..; .. . ,-.

By Acsectated Press) WASHINGTON, March 2S. Tte government won a string of victories today In income .tax devisions handed down by the supreme court. Solicitor-General Frierson declared that the government's position had been upheld completely. The effect of the rulings he added was that any gain derived from corporate bond or capital asset Investments was taxable as income, the amount of Income subject to such taxation still to be estimated from March 1, 1913. Increase in the value of corporate bonds originally acquired and held for investment is taxable under the revenue act of 1916, the supreme ah;o ruled today. The supreme court, reversed the decision of federal courts of Conneticul, which held against the government on the question whether an income tax could be levied against an increase in securities purchased and held as an investment, but ruled that the tax could only be imposed on the actual gain. Thousands of cases of incomassessments come within this decision of the court upon which depended the necessity of the government refunding millions of dollars in taxes. Increase of a value of a capital investment is taxable as income undethe revenue act of 1916, the supremo court today held. The court's decision was given in the appeal of David M. Goodrich from a ruling of the internal revenue bu

reJu assessing mm upon the i of stockB purchased to reau assessing him upon the increased prior to 1913. Action of the revenue officials was affirmed by the supreme court in the transaction showing a gain. The court ruled that the transaction showing an actual loss could not be tazed since there was no gain derived. Vast i6m Involved.. Taxes estimated to aggregate up to $100,000,000 are involved in action of the supreme court in the two casts covering the question of whether augmented value of an investment is "'income." In one case the court was asked by counsel "whether the revenue Act of 1916 was constitutional insofar as it is construed to tax as income capital In oram ant roolL.H k .v. : ! 17 ;rT, ." .VZ"1 Thousands of Individuals who had invested in securities prior to the World war and who, on the general --. io ULV VUtJU . i advance in market prices in that pe riod, had sold their holdings at great profit, were naturally Interested in the outcome. It was common knowledge that the fear of being compelled to turn over the bulk of their profit-? to the government in. the form of taxes prevented many "paper millionaires" from realizing on their holdings. Incidentally, many were wiped out in the slump which followed th signing of the Versailles peace treaty. The legal point involved, however, concerned not only individuals but corporations and partnerships which had Invested surplus of capital in solid securities and sold them on a rising market. Value Slumps In the cas of David M. Goodrich vs. William H. Edwards, -collector of internal revenue for the Second New York district, a tax was assessed on stock which was sold at a loss, but which was old at a price above that quoted for It on March 1, 1913 the date set in the etatute as that from which prices would be computed. New York courts upheld the government. The second case came from Connecticut where the federal courts sustained Frederick F. Brewster in his contention that an increase in the value of an investment was not "income." Brewster made a feligiit actual profit over the price paid for his securiil I and a heavy profit when computed from the va!ue on March 1, 1913. In both cases counsel argued that "bonds are property without reference to cost or market value: the bonds themselves are their owner's capital assets and his capital interest therein is not limited to their eoet." The government took the stand that "income" must be interpreted as representing any gain accruing to th taxpayer within the period under consideration. Prior to the adoption of the 16th amendment, the court wa? told, income was considered by th government branches to include gains and profits derived from the sale of capital assets. Seaman, Civil War Vet, Dies; Funeral Wednesday John S. Seaman," 76 years old.-died at his home. 1502 East Main street, Sunday evening. He is survived by one granddaugb,in ter. Mrs. Gertrude Soloman. Mr. Seaman held various city posi tions at different times and was a member of Company A, 69th Infantry, and served during the Civil War. He has been engaged in the shoemaklng business for a number of years." He had been a member of the Odd Fellows lodge for a great many years, and of the G. A. R. post here. The body wa3 removed to the parlors of Jordan, McManus, Hunt and JWaItennaiV where friends may call at any time. ' . Funeral services .will' be held from . the parlors of Jordan. McManua., Hunt and Waltennan, at 2 o'clock Wedacs-, day afternoon. Burial will be la the Earlham cemetery. 7 . . . The G. A. R will conduct tfielr sttices , at 2 o'clock, Tuesday; " fa the undertaking parlors. ... -;