The Syracuse Journal, Volume 27, Number 38, Syracuse, Kosciusko County, 17 January 1935 — Page 2

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THE SYRACUSE JOURNAL REPUBLICAN. Published every Thursday ax Syracuse. Indiana. Entered as second-class matter on May 4tb. 1908. at the postoffice at Syracuse. Indiana, under the Act of Conrraa* of March 3rd. 1879 SUBSCRIPTION RATES One year, in advance >2.00 Six Months in advance _— __ 1.00 Single Copies 06 Hub.orrlptloiis dropped if not renewed * when time Is ent. L PORTER, J IL Editor and Publisher Office Phone 4 — Home Phone 994 THURSDAY. JAN 17, 1935 MAIN STREET WHITTLINGS A local connection, 'tho somewhat distant, has been established with one of the main figures in the Hauptman trial. Bob Deutsch, who used to live in the Bronx in New. York city, attended grade school ’ where “Jafsie” was principal. According to Deutsch they called him “Pop Condon” then. When asked if he had been sent to the office for an interview with Condon, Deutsch said no, that he had to behave himself as he, Deutsch, only had five sisters teaching school in that building. FROM OURREADERS Syracuse, Ind. Jan. 14, 1936 Editor, The Journal: Last week, The Journal quoted Walter Lippmann's articles on the 3200 Townsend Old Age Pension Plan. 1 am not necessarily for the plan, but after reading Lippmann’s articles, and those of Westbrook Pegler, both in the Daily News, I take a more favorable view on the Townsend Vian. Lippmann tells only half a story, and so tells only a half-truth. He tells only of a huge tax to raise a huge fund for pensions, but he makes no effort to trace the effect of that large fund when it is returned to the field of commerce and industry when it is spent by pensioners. What effect would such a huge fund have on unemployment, and so upon our purchasing power? And upon the future of our people and country? Those*“are the big concerns of Dr. Townsend, and are completely ignored by Lippmann. A man will naturally use the best arguments he has, and if Lippmann had better arguments against the Townsend Plan, he would have used them. Dr. Townsend proposes to tax every single dollars worth of business transacted in this country, day by day, and give a 3200 monthly pension to all old people, provided they spend the whole pension as fast as they receive it, and do not work. He proposes to tax the farmer when he sells 31.00 worth of wheat to the miller, and the miller when he sells the same wheat for 32.00 to the retailer or the wholes: ler, and the latter when he sells the same wheat, or anything else, back to the farmer or the public, for 33.00 or more, and so on. Lippmann laughs at'this, and says it cannot be done, and that we must raise taxes only from the net income at the end of the year. Yet, everyone who reads this knows that when you go to town and spend 31.00, the dealer then and there makes a notation of it and prepares to pay the State Gross Sales Tax on the sales price. So Indjana, and most States, are already doing what Lippmann says we can’t do. The old war-time internal revenue stamps, and all import and internal revenue duties, like on beer, are “individual transaction" taxes, like Townsend's Plan. Lippman says our “national n»t income (which is the net profit admitted by taxpayers at the end of the year) was only thirty billions in 1933, so that that year the Townsend tax would have been 70 per cent on every dollar profit we made. But why did Lippman select only the bottom-year of the Depression to make this comparison? Even he admits that 1934 saw the national income raise to fifty billions, and it has been as high a* ninety billions. Why does he ignore the fact that those twenty billions pension money would all be spent forthwith and so be that much added to the national income each year? The net national income for 1933 would thus be fifty billions; for 1934, seventy billions; tor \929 would have been 110 billion*. Lippmann knows that ths immediate spending of all nanaion money is required by Townsend, but he probably hopes wo will lose our amon ff ,uc “ l*rge figures. The real difference between what we are now doing and what Townsend proposes to do » this: At present, generally, we pay taxes only out of net income at the end of the year, on the say-so of the tax payer. This enables men of large affairs to escape fexee. The Radio Priest, Coughlin, says that J. P. Morgan owns or controls forty billion dollars in enterprises; yet in 1933 Morgan paid not a penny in taxee. Why? Because about half of his enterprises were making money while the other half was losing as much money. So Morgon paid no taxes at all. But, dear if you had owned one share of stock in one of his factories which happened to make some money, even if you had nothing else in the world, you would have paid taxes on those earnings—you would have paid more taxes in 1933 than J. P. Morgan on

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all hii property! Townsend goes to the other extreme. He would levy taxee, net at the say-so of the tax-payer on his yearly profit, if any, but upon each transaction, at tho time. This would bring a vastly larger total of dollars subject to taxation. Tho farmer and the miller and retailer would not seriously object to this tax, because that tax would at least be an insurance premium, paying for their security in old age! Remember that. A man owning one farm or one mill, or store or factory, would thus pay one premium insurance for his own future security; hut the Morgans would pay one or more premiums on each factory he owns, thus creating security during old age for many not so fortunate—so Lippmann and Morgan object! Such a tax would tend to drive out unsound and speculative ventures in business. Practically since the great war, the financiers have harped about the people saving their money. And when we heeded their cry, and loaned our.savings to the banks, the latter promptly bought up all corporate issues by Morgan and others, who then built with it three times as many factories, railroads, etc., ss we could use or support. So that, with our own savings, we have placed Morgan and his like into positions of infinits power over us, where they do not need to pay taxes! But, if ws tax each transaction, it would tend to destroy this situation. Morgan knows it; and Lippmann, too. Lippman says there would bo at least eight million pensioners. He did not add, as he should have done, that millions of wage earners would thus leave their jobs and that many unemployment would thus at once obtain work. He did not mention that twenty billions of real spending money turned loose now would at once end the Depression and put our whole industrial system into high speed, as much so as a big war would. He did not mention that wages and profits thus started would swell both the “national income” and ths “total volume of national business," swelling the last named (according to Coughlin) by ten times it* own amount, or even five times, which makes one hundred billions per year; so that, eventually, the annual “total volume” of business would be at least doubled, and taxes could be reduced by half. Lippmann accuses Townsend of confusing “total volume of business” with “net national income. ” But Townsend does not do that. They are definitely separate things. Lippmann is here “covering-up" and showing that he u a “stand-patter" like Morgan. F Finally, Lippman, in keeping with all past history of “stand-patters”, expresses a genuine “fear” that, if the Townsend theory were in force, we could balance the national budget and actually pay off the national and State debts with a tax of from three to five per cent. Well, it does not terrorise me to think of adopting a new theory that is will within the letter of our law, and wherein, figuratively speaking, “a new heaven and a new earth” may be seen. I could stand it if I saw a good deal of that, for a change. Respectfully, W. L. BALLARD.

WEST END Mrs. Neva Miles, Mrs. Katie Arnold spent Friday afternoon at the home of Mr. and Mrs. John Stout, visiting Mrs. Susanna Weybright. They also called at the Embry Cooper home, seeing Mrs. John Weybright, who has been in a grave condition for the past three weeks. Mrs. Earl Cooper is in poor health. Orba Weybright spent Monday afurn2?n 5! . h “ mother, Mrs. W. H. Weybright at the John Stont home. Mrs. John Morehouse is seriously til at her home west of Bethany church. uS'L®"" “ d , “ u ’ *” Mjs. W. E. Sheffield was confined to her bed with the flu for a week. Roe Halser and family have the flu. Mr. ¥**• Charles Lutes called at the Roe Halser home, Sunday Mrs. Willie Weybright spent Mond»r Wl 9‘ her mother, Mrs. Harley Gall, who to on the sick list. c Honor and children of South Bend, Mr. and Mrs D D Weybright of NiJ^* B** 8 ** ° f M^and Mr, ‘ Q<ude Mr. and Mrs. J. C. Fleming of hJSS* Chancy Weybright b in ill DISMAL Mr. and Mrs. Roy Wilkinson were guests of the lattoPs brother, Mr. and Mrs. Harold Bitner of Ligonier, Theodore Vorb and Mbs Genevieve Kibon of Syracuse called on Bay mrfMy. Saturday Mrs. Sammy Stump and daughter *P* n^n < • few days with their granddaughter, Mrs Charlie Dull. m H«man Lung b ill with the Mr. and Mrs. Calvin Beck and three sons attended a basketball game at Huntington, Saturday niirht Ray Wilkinson b the champion fisherman of the Dismal. He canrht two pike, one weighing four undone is prt,tOT,*«r uS*w m JJ£ cwy More, were called to Elkhart, Saturday, by the serious illness < a relative. Mrs. Merrit Lung and Steven callad on Mrs. Dora Clingerman, Monday afternoon. Z •'OUR CORNERS. Messrs and Mesdames Geyer and Fort Wayne shoppers Mrs. Ralph Disbar 1 company from Syracuse, Thursday? Mr. and Mrs. Crbt Darr sms ta Warsaw, Saturday on business Donna Joan Darr of near r-nAtn j * WQ Met week with her *Mr <J

near Milford called at the Darr home Monday. Mas. Snyder cattod at the home of Mr. and Mrs. LaTone Jonson. Mr. and Mrs. Charles Deithrick and two children of near Goshen spent Sunday at the A. W. Geyer home. In the evening Mr. and Mrs. Earl Darr called. Mr. and Mrs. Geyer and Mr. and Mrs. Darr were in Goshen, Wednesday. Orba Weybright was in this community, Thursday. Mrs. Irene Diaher called at the Crist Darr home, Thursday evening. George Arden Bushong of Syracuse spent Saturday with his grand--parents, Mr. and Mrs. A. W. Geyer. Mr. and Mrs. V. B. Darr and Mr. and Mrs. Otis Darr of Mentone called at the homes of Crist and Jesse Darr, Friday. Mr. and Mrs. Crist Darr called at the home of Mr. Krammer and Mr. Vance near New Paris, Friday evening. ZION. Mr. and Mrs. Jesse Miller spent Thursday with Mr. and Mrs. Harry Nicholai of Solomon’s Creek. Harry Smith of the CCC Camp at Medarysville, spent Saturday night and Sunday with Mr. and Mrs. Emory Guy snd Mrs. Ida Guy. Mr. and Mrs. Joseph Smith and family were other guests, Sunday. A large crowd attended the funeral of Mrs., Anna Strieby which was held at the Zion church, Saturday. Mr. and Mrs. Harry Nicholai called on Jesse Miller snd family, Sunday. Mr. and Mrs. Emory Guy were Goshen and Elkhart callers Friday night. Mrs. Ida Guy spent a few days last week in the home of Loe Henwood and family. _ Donald Smith spent Wednesday with Mr. and Mrs. Emory Guy. Mr. and Mrs. Russell Miller spent tho week end with the letter's parents at Milford Junction. CONCORD Ralph Beiswanger and Lewis Thomas were in Fort Wayne, Thursday. William Wyland was in Auburn, Monday. Miss Romaine Coy and Lester Shock wore Sunday guests at the Chester Stiffler home. Those who spent Sunday with Mr. and Mrs. Ernest Mathews were Mr. and Mrs. Lloyd Dewart and sons, and Mr. and Mrs. Lawrence Dewart of Milford. Mr. and Mrs. James Hatfield of Elkhart were callers at the James Dewart home, Saturday evening. Tillman Coy assisted Burton Howe in butchering a beef, Monday. Joe Lanta’s children are on the sick list. Mr. and Mrs. Eldon Wyland spent Friday evening with Mr. and Mrs. Ray Godachalk. Mrs. Alegra Godschalk spent Thursday with Mrs. Violet Lutes. SOLOMON’S CREEK Mr. and Mrs. Kenneth Hapner spent Sunday with her parents, Mr. and Mrs. Dale Umbenhour of near Hard Scrabble. Byron Grubb and family spent Sunday with Mr. and Mrs. Vic Niles and Mrs. Bender. A religious educational rally will be held at this place next Wednesday evening, Jan. 23. There will be speakers from various churches. A

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good program will be provided. ] Everyone tp welcome to coaee. Guy Smith, who to recovering from an operation to able to be out j of bed and in the house. Byron Grubb and family and Ralph Darr called on Mr. Grubb's ! mother in Syracuse, Sunday eveni°Mr. and Mrs. Manford Mishler of near New Paris spent Sunday with Mr. and Mrs. John Darr. | The Solomon's Creek basketball ( team won from the Lutheran church at Millersburg, Saturday evening by the score of 47 to 24. . Rev. Dobbins to still holding meetings at Harrison Center. Rev. Brock preached here, Sunday night. Rev. Dobbins will preach his morning sermon here Sunday, at 9:30. He will then go to Burr Oak and preach there. He expects tb begin his revival services there Sunday evening. AFRICA. Miss Rowena Insley of Syracuse spent Tuesday evening with Miss Doris Shock. Elvin Shock of Mishawaka to spending a few days with his parents, Mr. and Mrs. Eli Shock. Mrs. Martin McClintic to spending part of this week in South Bend with relatives. Mr. and Mrs. Will Shock, Mr. and Mrs. Herbert Stamats, Mr. and Mrs. Leas Bunting and baby daughter were Sunday guests in the Jonas Cripe home. Mrs. Stanley Miller, Mrs. Stanley Roberts, Mr. and Mrs. James Crouch visited in the Sim Lewallen home Friday. Elmo Shock and family, Mr. and Mrs. Frederic Kuhn and Clarence Lewallen and family spent Sunday with Mr. and Mrs. Leander Yoder and family. , Mrs. Rose Click to confined to her bed with bronchitis. I Mrs. Eli Shock and daughter Betty called on Mrs. Amy Wingard Saturday afternoon. The latter, who has been quite ill since Christmas, is improving slowly. Those who were on the sick list last week were Donald Smith, Mrs. i Weybright, the George Auer family, Clyde Baer and Mrs. Carl McGin. i Harry Smith of the CCC camp ; near Medaryville, Ind., spent the week end with his parents, Joe; Smith and family. Joe Smith and family spent Sun- * day with Emory Guy and wife and« Mrs. Ida Guy. Mrs. Howard Mock spent a few days last week with her parents, Walter Harman and family of near Etna Green. Mrs. John Auer spent a few days last week at the George Auer home. Rev. Jarboe called at the Joe Smith home last Wednesday. 0 ' RICHVILLE John Emmert-and family called at tho L. H. Chiddister home, near Ligonier, Thursday. .« vival mooting* started at Richville, Sunday evening, to last for two weeks. Mr. and Mrs. Charles Weybright spent Tuesday- and Wednesday at Purdue, last week being Educational week. Farrell Ott attended the meeting Shipping Association at Kendallville, Friday. Hollis Blue was a visitor at Oswego, Thursday. Junior Emmert spent three days at

Purdue attending “Ag" conference. Donna Hire to improving. Ernest Richard to ill with tho measles. Mrs. Robert Strieby spent Thursday at the home of Mr. and Mrs. Monroe Ott. Mrs. Geo. McDaniel is ill at her home with a bad cold. Mrs. R. E. Treadway and children have been ill for the past week. The Richville Home Economics Club met last Wednesday at Hex Grange, with Mrs. Self and Mrs. Richard as hostesses. The next meet-

VOTE JAN. 29 FOR THE TESTED NEW DEALER FRIEND OF PRESIDENT ROOSEVELT He GEORGE R. DURGAN For CONGRESSMAN His Voting Record is the Platform of Veterans, Farmers, Laborers and Friends of Recovery in the Second District , I Thh aihrartiaain—t pnparW by tk* x ‘ l*4i*a* DMMcratic State Caaualtto*

ing will be Feb. 13. i Miss Juanita Gushwa, who has been working at the Henry Whitmer home, has accepted a position in Goshen. Miss Janice Snyder has been absent from school for several days on account of illness. o A woman is fair and full of whims—we know her like a book. And yet, the less that she has on, the more we like to • • ’read about her.

THURSDAY, JAN 17, 193 S

A man made his final payment upon home and the realtor said, “Come in tomorrow and I’ll give you a deed for the place." He replied, “No, I’d rather have a mortgage instead of a deed." “Do' you understand the difference between a deed and a mortgage?” asked the realtor. “Well, I know this much,"’ explained the home owner, “the last home 1 had, I had the deed and the bank had the mortgage, and they got the home."