Richmond Palladium (Daily), Volume 46, Number 129, 11 April 1921 — Page 14

PAGE FOURTEEN

THE RICHMOND PALLADIUM AND SUN-TELEGRAM. RICHMOND, LND.. MONDAY, APRIL 11, 1921.

FORMER RICHMONDITE FORMS NEW COMPANY TO MARKET CASINGS Notice was received in this city Saturday night that a charter has been issued to the Monarch Casing Supply company of Indiana and that the Indiana security commission has approved plan of organization Considerable local interest attaches to this announcement because of the iact that the founder of the company, J. McKenzie Monarch is a former Richmond boy. who has been in the

casing business for himself for the f

last two years in the Breckenridge oil fields of Texas and who served in the navy during the war, was cited by Secretary Daniels for his part in the rescue of the crew of a sub-chaser in which he was shipwrecked. Mr .Monarch said Monday, 'That It is not an oil company, but a merchandising company to sell and trade casing to independent producers in the Breckenridge oil field. This same service has been carried on bv individ

uals for sometime, but I believe it is !

the first time the same service has been rendered by a company . Strictly speaking it is a service company. The plan on which the company operates

is that of furnishing casing to indi-1

viduals or companies drilling oil wells, in return for an interest in the well. Attorneys Advise. Mr. Monarch sair further, "that in the organization of the company I have taken every precaution to eliminate as far as possible the chance of loss. The plan he said was prepared by the best attorneys in Chicago and Indianapolis and has been passed and approved by some of the largest finanMil interests in Chicago. He said further that this is not a promotion company and no stock is given away and none will be sold below par . Fred Sims, former head of the state tax board, will act as counsel for the company. Photographs collated by Mr. Monarch during his stay in Texas, showing tome of the "gusherd" in the Breckin ridge district are on display in the show windows of the Lichtenfels clothing store and the Wilson Cleaning company on Main street. '

TWO QUEENS SAIL. ONE TO CONQUER OTHER'S DOMAIN

POST C GETS BUSY TO BOOST HIGHLEY FOR INDIANA LEADER

Secretary Chaffee will do all he can to help elect John P. Highley, as state president of the T. P. A., according to Secretary Chaffee, who spoke at the local T. P. A. post Saturday night. Mr. Highley is being given united support by the local club, and it is said that many state organizations are lining up as his supporters. The sJatp convention is to be held May 13 and 14 at West Baden. Only one other candidate for the state presidencey i3 running against Mr Highley. Mr. Chaffee said he believed the election of Mr. Highley would be a great honor to Richmond, and he was very willing to be of what ever assistance possible to forward Mr. Highley's candidacy. It is said that there are about 10,000 members of the Travelers Protective association in Indiana. Talks endorsng "Highley for President," were made by C. B. Beck, Charles Jordan, J. H. Mills, Clarence

Kramer, Ben Bartcl, Walter Bates and John Zwissler. It has been decided to hold regular booster meetings every Saturday night until the convention. "Ladies' Night" will be observed Saturday night. May 7. When the local association goes to the convention they hope to take so large a delegation that they can effectively lobby for and promote their candidate's election Mr Hig.hley's election is said to look very promising.

'f

'

GENERAL SALES TAX INTRODUCED TUESDAY BY SENATOR SMOOT

'.lc Delyrfa. French actress, at left, and Theda Bara.

When the Hner Adriatic teamed oat of New Yc". for Europe the other day two queens of the motion picture world were

COMMUNITY SERVICE OFFICES ARE ALTERED Improvements which will make the Chamber of Commerce rooms more accessible to each other are now being made. Rooms 3O3-S04 and S03 of the organization's suite are being connected by doors cut through the rear rooms.

on board. Theda Bara. -lie American star who was the first real naughty vampire of the screen, sailed for Europe, where her fame

Is already known. Alice Delysia. popular French actress, sailed for home after winning popularity here in the spectacle "Afear.w

Room 302, occupied by the community iiewly formed body to act at once in s-ervice representatives, will not he j order to continue the work, connected with the others. The rear ! S. Traenkle, one of the national orrooms of 304 and 305 are to be made j ganization's assistant, was to leave into one room for directors' meetings, i the city Monday. Mis Roberta Win-

or other group gatherings. j ans, another national organization powe,r

Providing community sen ice is con-1 worker, is not to remain here after!

tinued in Richmond, the room 302, now April 18, unless the Richmond coin-

occupied by the be uy, will remain in niunity service defrays the expenses.

C. B. Root, in charge of the community Eervice here, probably will remain until May 1.

WASHINGTON, April 11 A general sales tax was advocated In a statement by Senator Smoot of Utah, a Republican memuer of the senate finance committee, who announced formally he would introduce a bill to that end in the senate Tuesday, the second day of the extraordinary sea-

, eion of the sixty-seventh American

congress, called by President Harding a few weeks ago.

The congressional program tomorrow i3 expected to be limited to the usual opening formalities, including the adoption of resolutions providing for a joint session on Tuesday to hear the president's address and to organization work. Committees of leaders also will be appointed tomorrow to notify the president of the assembling

or congress. Senator Smoot's measure, which he estimates would yield approximately $1,500,000,000 in revenue annually.

would place a flat tax of 1 per cent on gross sales above $6,000 annually of (virtually all commodities, both raw I materials and finished products. The 'bill carries a few exemptions, but application of the tax would be stayed i practically only on such commodities las now bear a higher levy. Early consideration of the Smoot proposal is planned by the Senate finI ance committee in its study of the taxj ation question. Tentative arrangeI ments contemplate the opening of ; hearings on this phase before the end lot the week. j Simple in Application ; In discussing his proposed sales tax, I Mr. Smoot said it would be simple in

anni iaf Inn snri pocv tn nmr.,itA Ua

declared It properly would distribute the burden of taxation, compelling each citizen to bear a share proportionate to his ability to pay, as measured by hi3 buying or producing

the bill as presented by me, but can; repeal all of the irritating, nagging. ; discriminatory taxes, amounting to hundreds of millions of dollars, and the exeess profits tax, the result of which has worked such havoc with business concerns of our country anl which have in many cases been compelled to pay the excess profits tax on paper profits Some Taxes Remain. Present taxes on soft drinks, tobacca .automobiles and some other socalled luxuries would remain under the Smoot bill. These commodities already bear taxes regarded as heavier that the fiat 1 per cent. tax. In addition to the tax on sales, a levy having the same application would be placed on total amounts of all leases. Concerning the scope of the bill, the

Utah senator said:

"It is a ax on gross value of goods, wares and merchandise, vhether raw materials or manufacturer or partially manufactured products, whether of domestic or foreign origin and such

I as are generally soid or exchanged

and delivered for domestic consumption, whether in barter or on a cash, credit, or installment basis, which tax

shall accrue at the tima of sal or lease at the rate of 1 per cent, of their Irvtal vain at the time nf chajira In

Awnorshtn ,

DANISH TRADERS SUGGEST i KING VISIT WHITE HOUSE COPENHAGEN, April 11. Voicing the opinion of the Danish Trading Community, the Politken suggests that King Christian combine his visit next June to Iceland and Greenland with a visit of state with President Harding in Washington.

Persia has no distilleries, breweries or saloons, and native wine is the only intoxicating beverage used.

that service. Present national community service representatives have but a limited time in which to remain here. It is necessary for the local

If the sales tax becomes a nart of

the revenue laws of our country," the statement contnued, "Congress can repeal not only the items provided for in

Eastern Indiana's headquarters for String and Brass Instruments.

Opp. Post Office Phone 1655

LUNCHEON

WITH US For the business man or woman a heavy lunch causes brain fag. Be properly nourished with a luncheon at Price's of sandwich, salad and a fountain delicacy, or one of our famou3 malted milks. The tired shopper may be refreshed by our fountain specials. Everything home-made. No long waiting. Prompt, courteous service. . Our E6th Year

I

Thistletlwaite's The Original Cut-Rate EVERY-DAY PRICES In Effect at All 7 Stores Pinkham's Com- OQ pound 0C Colgate's Tooth Q- n Paste Woodbury's Q1 r Soap ALL SCRAP TOBACCO, Or 3 for

WARNING to Buyers of Heating Plants There are makeshift imitations of the CaloriC Pipeless Furnace on the market that are offered at seemingly low prices, with the advice that engineering service is no more needed for installing than when you set up a stove. You may wisely beware of such advice, which can only lead to your disappointment and loss. The CaloriC is today the most popular heating plant in the world a proven success in over 125,000 homes and sold on the written Guarantee of the buyer's satisfaction or his money back. CaloriC Engineering Service is one of the vital factors in this wonderful success. To supply uniform heat throughout the building, the pipeless furnace must be installed with scientific accuracy in relation to air circulation in the particular building to be heated. And no one, unless thoroughly experienced in pipeless heating, can accurately plan such an installation CaloriC Engineers made pipeless heating successful and the service of these engineers is yours without charge to insure the correct application of pipeless heating in your own building. The CaloriC is scientifically designed for pipeless heating and time has proven that its patents are basic essentials to highest heating efficiency. Protect your own interests by getting the genuine CaloriC. Bring or send a rough sketch of your floor plans, and we'll show you engineers' blue prints of CaloriC installation in your home. No cost and no obligation to you.

Ironing boards $2.9S

FACTS ONLY

See it on display at J South Jth

fl

THE ORIGINAL 'PIPELESS ' FURNACE TRIPLE'CASING PATENT

i iu Tun., aia 'urv.'

1 Suits fl

'KUS'BSiUM'S

of

TRUTH ALWAYS

Quality

At Feltman's

Exclusive Spring Models In Strap Pumps

This is a season for novelties. Never have there been so many beautiful styles and such a great variety shown in women's footwear.

Black Kid BAR STRAP One of the newest arrivals in "Straps." Priced at

$600

.Feltman's Shoe Store. The World's Largrst Shoe Dealers 85 Stores 724 Main Street

BRIDAL GIFTS

THE GIFT you make the Bride should show exceeding good taste in its selection. Indiscriminate choice is unappreciated. What can be nicer than a wise selection of pretty silver? Silverware, well chosen, is the most charming and durable oi all gifts and pleases the bride the best. Where can you make a better choice than here where excellent taste and good judgment are exercised in providing the -assortment for you to choose from? We will be glad to help you.

CHARLES H. HANER Jeweler 810 Main St. Glasses Fitted

WOOLTEX Suits $25 w $75 WOOLTEX Goats $16.50 to $75.00

These Values in Cotton Waists Must Not be Classed With the OrdinaryBlouse of Xhz Same Price. Price $2.00 and $3.00 Wirthmor Cotton Waists are Much More Desirable

v A I

CALL FOR THESE FOUR STYLES

Only a limite d quantity of these four styles and a few other new models are being put on sale today.

r-4 mM vm

mm

mm

They are just the kind of Waists that every economical w oman of refined taste will want and b e glad t o wear.

On Sale Now $2.00 and $3.00

LEE B. NUSBAUM COMPANY

NUSBAUM BUILDING

"LYING 0 0 THEY STEAL LIPS" O O YOUR HUSBAND !

5)

5

V.

9 a