davidaulloa/AmericanStories huggingface dataset:
The day book. [volume] (Chicago, Ill.) 1911-1917, 1916-05-08
ONLY 173 CITIZENS OF u. S. ADMIT $5OO,OOO
INCOMES; McADOO MUST END FARCE
BY BASIL M. MANLY

BY BASIL N. MANLY
Noted Economic Investigator
In my earlier articles l have indi-
Gated that the greatest income tax
evasiOns were among the very
wealthy among the handful of null
ti-milliOnaires who collectively own
more than One-tenth of the entire
wealth of the United States.
The evasiOns among the multimil-
liOnaiTes are of two classes: First,
plain fraud in the filing of false re-
turns and the cOnceaIment of source
Of income, and
Second, the utilization of various
legal sUbterfUges to escape taxation.
Chief among these legal subterfuges
has been the creation of the sO-called
foundations, which charge, and will
try to demonstrate later, were
formed primarily to evade the fed
eral income tax!
Today we will examine the evil
dence relating to the income tax pay
ments of the multi-milliOnaires and
a few specific cases of evasion. !
In order to deal with this question
inteIligently I secured from the treas
Ury department an analysis of the |
returns of the 173 individuals who I
reported incomes of more than /
$5OO.OOO for the year 1914.
The figures which follow showing |
the incomes of the 173 millionaires |
with incomes over 100000 have
never before been published. In brief /
they show that these 173 individuals.
who constitute less than two ten
thOusandths of the population of the
United States. had gross incomes in
1914 of $246.3276O5, or the euuiva-
lent of the earnings of 100000 wage
earners. And yet, incredible as the
figures just quoted seem, it is my
firm conviction as 9 result of my in
vestigatiOn that these multi-Elillion-
aires have succeeded in cOncealing
more than half of their actual in
The day book. [volume] (Chicago, Ill.) 1911-1917, 1916-05-08

Total deductions IS 1862. 900
Total net income .$2O3, $4,000
The first item to attract attention
is the largest item in the Iist-divi-
dends of 1888, 100000. At 6 per cent
this would represent dividends upon
investments Of $2,561, 666,OOO Now
we know beyond a doubt that the
aggregate stock holdings of these
173 mulu-milliOnaires amount to
much more than two and a half bill
lion dollars. In fact it is certain that
25 out OF the 173 actually own stock
worth more than two and a half bill
lions. In 1914 Mr.. Rockefeller gave
the Rockefeller foundation $4,000
O0O worth of stocks, but he did nc
give up one single share of stock L.
The day book. [volume] (Chicago, Ill.) 1911-1917, 1916-05-08
The detailed figures, showing the
sources of income and the deductions
claimed are as follows:
INCOMES OF 173 MlLLIONAIRES
WITH INCOMES OVER S5OO,OOO
Incomes

incomes
DAAelA 10
Professions ..........
Business-private .....
IN6lIS 1890.
Interest-nOtes, mort
cages, etc. ..........
Interest-bOnds, etc. &C..
FidUciaTies ..........
Partnership gains 900.
Foreign sources .......
Royalties ............
Dividends ...... ......
Other sources ........
Total gross income. o..
Deductions
Expenses" Individual
business" ..........
Interest Personal in
debtedness" ...
1 axes . $500.
LOsses-"NOt COmpen-
stated" .
Debts" Charged off"
Depreciation .........
The Prescott daily news., 1916-03-16
The Prescott Daily News
 eusLlS NED RF rse News FrtHEinS co

Entered as second class mail matter November 4th, 1905, at the postofiice .t Prescott, Ark, under the act of Congress, March 8, 1879.
The Prescott daily news., 1916-03-16
SAFE FARMING RULES.

1. Grow all vegetables and meat for the family. ?. Keep plenty of live stock. 3. Save and use all manure. 1. Plan for a crop rotation. ,. AL ways blow something under. 6. Keep up soil fertility. '. Save your own good seed. 8. Grow all forage and feed for your stock. 9. Grow cotton or rice or some other, as cash crop. 10. Don't go in debt for your living while making the crop. The Exten- sion Division of the Arkansas Col lege of Agriculture, cooperating with the U. s. Department of Agriculture is basing its work this year on these principles.
The Prescott daily news., 1916-03-16
THE FORTY ACRE FARM.

The following plan is suggested by the Extension Division of the Univer- sity of Arkansas and U. S. Depart ment of Agriculture. There is noth- ing arbitrary about it and each farm CT should modify it to suit his condi- tions. A larger farm should have more winter oats, more corn. more pasture and possibly some wheat or alfalfa or sweet potatoes or little more cotton. Write it out on a sheet of paper and see how it looks-corn and cowpeas, 10 a, Sudan grass. 2 a, oats and lespedeza, 6 a, peas, soy beans and peanuts, a, garden and potatoes 1 a, sorghum for syrup, a, permanent pasture, 3 a, cotton for cash, 12 a. Crimson clover seeded in August.)
 On such farm there should be the following livestock: Mares 2, colts 4 C of them 1 VT. old or under 9 milk cows 2, calves 4, e of them 1 VT. old or under ?, brood sows 2, and pigs (kept to 10 months of age), hens 90 to 100, and few roosters, these to be sold the first week in June.
The Prescott daily news., 1916-03-16
W. NJ. WALLACE, PULASKI
 HEIGHTS GRANTED PARDON

Little Rock, March 16.-The pardon granted Tuesday to w. M. Wallace, of Pulaski Heights, and temporarily held up pending an investigation of his penitentiary record, was granted Wednesday afternoon by the gover- nor. He was convicted July l, 1913, of forgery and uttering, and sen- fenced to six years. The records show that while he was half-trusty he es- capped from one of the camps Jan. 3, 1916, and was recaptured Jan 5, hav- ing been at liberty only AS hours.
The Prescott daily news., 1916-03-16
BIBBLES IN THE BLOOD.

Early in the war mention was made of the astonishing phenomenon of soldiers being round in the trenches, after bombardment, dead, but un- wounded and in natural and life-like postures-killed instantaneously as if by some mysterious force.
 It was at first suspected, and was charged by the Germans, that the French were obtaining such results by the use of poisonous shells. That conjecture was disproved. It was in- iered, then, that such deaths result ed in some way from the tremendous shock of high-explosive shells, but there was no satisfactory explana- ton.
 The mystery has now been ex- pained. It is the same thing known as the bends or "caisson disease" among men who work at depths under great atmospheris pressure. When such workmen rise to the surface. they are obliged to emerge very slow Y so as to accustom them gradually 10 the lighter air-pressure outside. If they rise too suddenly, they are stricken with paralysis or death.
 Bubbles in the blood" are respon- slOle. The blood, as a French scien- tSt explains contains air and carbonic aCd gas in solution, just as does a bottle of champagne or other carbon aled liquor And just as the bubbles appear throughout the liquid in the uO'ue when the cork is removed and me pressure relieved, so bubbles form Ill 'ne blood when the surrounding air p'SSufe IS suddenly eased. If they appear m sufficient volume, they fill ~e uny blood vessels known as capil- alles' thus obstucting the circula- avn II they form quickly, death comes quickly.
 That Is what happens often when a lsn r explosive shell bursts near a sol s. asl' The sudden, tremendous ex- M rais'on Of gases lowers the air pres @. ta.' to such an extent that instantly sD, m' S0lOlers blood ills with bubbles oa na,, re dles an instant and probably painless death.
The Prescott daily news., 1916-03-16
HOME GROWN.

A fewweeks after four-year-old Dorothy had had a severe illness, she was playing in the yard near where her mother was planting sweet peas. Dorothy seemed unusually happy without any apparent cause. But her mother found out the reason when they met the doctor on the street and Dorothy greeted him with: "Oh, doc tor, you don't need to come to our house ever again. Mama planted all the pills you gave us, and we are go- ing to raise our own medicine"
The Prescott daily news., 1916-03-16

panion, the Rev. Dr. Charles E. Jef- ferson of the Broadway Tabernacle mas sermon to grandparents in which he emphasizes the importance of making religion attractive for chil- dren.
 Grandparents can carry their re- hglous zeal too far" he says. "They can harp too much upon the Bible and church. Exhortations lose their force when too often repeated. It is always unwise to make ones self n bore. Grandparents can render reli- zion odious by talking about it too often and in the wrong spirit. Boys cannot be religious in the same way as old men, nor can little girls mani fest their religion in the forms which are most congenial to their grand mothers. It is foolish to try to make boy like man or a girl like a wo- man. God will not permit it. The Bible IS an interesting book, and the church is a divine institution, and the truths of Christianity are of great importance, but they must not be made a burden. Grandparents must not play all their musisc on one string"
The Prescott daily news., 1916-03-16
CONTINUE SHIPMENT SWEET
 POTATOES TO MABLEVALE

Little Rock, March 16.-The skip ment of sweet potatoes continues from Mabelvale, under the direction of Green Nordin, sales agent of the Sweet Potato League. During the last month seven car loads have been shipped from Mabelvale, chiefly to the markets in Kansas and Colorado. Another car load was shipped Thurs day, to Denver, having been sold at 70 cents f, O, b, at point of delivery, netting the grower about 55 cents. MT. Nordin has also shipped several car loads from Conway and Logan
The Prescott daily news., 1916-03-16
LIQUOR MEN AND LABOR.

Before the convention of the Ameri- can Federation of Labor there was a demand by the liquor interests or or ganizations identified with them, that the American Federation of Labor line up with the liquor men in their fight against prohibition. Mir. Charles Stelzle, writing in the Continent, says that the atmosphere of the convention was so decidedly unfriendly to such action that the liquor men were easily persuaded to drop the entire question. Throughout the conven- tion,' continues MT. Stezle, the liquor men were strangely quiet, refraining from taking any part in any of the discussions, for fear of arousing the enmity of anybody whose opinions might be controverted.
 "A mass meeting for the purpose of discussing the relation of labor to the saloon was held on the first Sunday afternoon of the convention, and was attended by about one thousand per- sons. With the use of government statistics and logic which appealed to the workers, facts were presented which battered down the arguments of the liquor men that the abolition of the saloon would create a labor panic.
 The statement that the labor men in England had not only organized a labor officials temperance fellowship with which the best leaders were iden- titied, but that bartenders, brewery workers and others in the liquor in- dustry were not considered worth or ganizing by the British Trades con- gress, had a marked effect on the au- dience."
The Prescott daily news., 1916-03-16

served on tne farm. In fact, money is the least likely to be saved for an emergency. Crops, livestock, canned fruits, vegetables, meat, bread, syrup. seeds and many other products may be saved, stored and kept for future use. The safe plan is to manage your farm so that you will save something above expenses from every crop. Then you will not be dependent upon the "loan sharks" and credit stores for your living.-Farm and Ranch.
The Prescott daily news., 1916-03-16
lhRiFT IN FARMING

in 'a'n' os Is very important element "''ac'er Those who learn to be flo. D','al VI, Tn youth have no difficult ass when they are responsible for the necessary to maintain a home v.n,, 'ne man or woman that allows tho is U oommate and lives beyond bs s income that has difficulties when ''t Income is small.
 ,,a au'lOren T, should be taught economy bs baq a,, unit early in life. They should to nc. u chance to earn and a chance them ' 'nelr earnings. This will give the r.'s responsibility and teach them
 p' worth of money.
 often h .s nave been imposed upon pendo. 'VCaase of their financial de- ssidse. ssvsi iS :. The fact that nothing was prost, :, 'lmes of large crops and fair erabls |, uaS sometimes meant consid nartet0 'Oss when crops were poor and fnsDc., unsatisfactory. ,i In times of hard to r' disturbances @ when money is Some p S.. get and interest rates high sell lh.N. nave been forced to borrow 9r or sreat saes;s 'GSk' crops, land, etc, at n 'ech naoan s,,'ee' Could the finances of that lhpra lh,asers have been managed SO been savea "'finee much could have '~ Tot all that should be con
The Prescott daily news., 1916-03-16

In the April Woman's Home Com
The Prescott daily news., 1916-03-16
GOVERNOR HAYS APPOINTS
 SPECIAL COUNSEL

Little Rock, March 14.-The gov ernor has appointed Covington & Grant of Clarksville as special coun- sel to assist the attorney-general in suits now pending in Pope county involving the validity of some of the mining statutes of the state. The appointment was made upon the re- quest of Attorney-General Davis.
The Prescott daily news., 1916-03-16
PETITION COURT TO SELL
 REMAINING ASSETS

Little Rock, March 16.-Bank Con- missioner Davis has petitioned the Chancery Court for an order to sell all the remaining assets of the Bank of Leola. The bank was closed in December, 1914, and has paid a very small amount.
The Prescott daily news., 1916-03-16
DO YOU KNOW THAT

Four per cent of the inhabitants of certain sections of the South have
The Prescott daily news., 1916-03-16
THE SUMMER WOOD.

Is there a white farmer in Arkan- sas who does not have his summer supply of wood ready?~ Is it fair to the wife or fair to the farm work to fool along and cut wood each day for the good wife? How much wood was used last year? Then get it all up and split and ricked neatly and cov- cred and enough to do until next No vember. It will add to the happiness of the family and save squabbles. The boy who has to cut wood every day all summer will run off as soon as he is old enough. The Extension Divi- sion of the University of Arkansas will start a campaign soon for oil or gasoline stoves for the farmers wives.
 MAKE RELIGION INTER
 ESTING. SAYS PASTOR
 In the April Woman's Home Con-
Evening star., 1916-07-23

for Annapolis. where she is visiting her
son-in-law and daughter, Mr.. and Mrs.
H. F. Kraft.
Mrs. David Graham Adee and Miss
| Lucy Adee have gone to Portsmouth,
| N, H, for visit to Passed Asst Pay
master Graham Montrose Adee,. U. S.
N. and wife.
| Rear Admiral Bradley A. Fiske, U. S.
n, on duty at the Naval War College.
Newport, has gone to Stoekbr1dge,
Mass. for visit. accompanied by his
| wife and daughter.
| Rear Admiral Henry T. B. Harris, U.
S. n. retired. accompanied by Mrs.
| Harris. has left Washington and is at
| Narragansett Pier, r. l., until the
autumn. Before returning to their
home in Washington Admiral and Mrs.
i Harris will visit friends in Elizabeth,
Mrs J. A Furer. wife of Naval Con-
structor Furer. U. S. N. left the city
last week for Bridgeport. Conn. where
| months.
Col Thomas n. Wood. U. S. Marine
Corps. with his wife and daughter, Mrs.
Robert Dunlop. wife of Maj. Dunlop,
| U. s. Marine Corps. are at Watch Hill,
r. l., for stay of several months. ON
| leaving Washington they made short
visit to New York.
Passed Asst. Surgeon Luther Sheldon.
| U. s. N, has gone with his wife and
| family to the Old Sweet Springs of
! Virginia for the season.
! Mrs C. H. T. Lowndos. wife of
Medical Director Lowndos. U: S. N. left
| stay of several months Medical Di-
rector Lowndos, now on duty at the
naval dispensary. hopes to join his
wife in the course of a few weeks for
a holiday on the Massachusetts coast.
Capt. Edward E. Capehart. L. S. N.
accompanied by his wife. has left
Washington for Exeter, N. H. Before
returning in the late autumn they will
go to Canada.
Commander Claude Price, U. S. N.
| and Mrs. Price have gone to Atlantic
City for the season.
Mrs. Commodore William S. Hogg, U.
S: ~, retired. and Mrs Hogg have
closed their home, 1912 Cathedral ave-
nue.. and gone to Bedford. Pa. for
Commander Benjamin B. Mccormick
U. S. N. and wife are at Newport for
the summer.
Commander F. D. Karns U. s. N, is
| at Norfolk, Va, where his ship, the
y, S. S. Prometheus, is being repaired.
Mrs. Harms, accompanied by their family,
has come east and taken the house at
l2O2 Graydon avenue, Client, Norfolk.
Miss Esther Denny, daughter of the
late Col. Frank Denny. U. S. Marine
Corps, is at Sewickley. Pa, visiting
Mrs. Jesse Brown.
Medical Director R. c. Persons. U. s.
~, and wife left the city a fortnight
since on motor trip and are now
making stay at Bluemont, Va
Mrs. Pollock. wife of Commander Ed
win T. Pollock, L. S. N. accompanied
by their daughter. has gone to Eagles
Mere. Pa. for the summer.
mrs. Williams and Miss Evelyn Will
ltams. wife and daughter of Lieut..
Commander Yancey S. Williams, U. S.
~, are at Lake Sunapee. N H
Rear Admiral and Mrs Yates Stirling
have left the city to spend the summer
and early autumn at Jamestown, r. 1.
Rear Admiral and Mrs. Richardson
Clover and the Misses Clover have as
their guest at Long Branch Miss Scott,
Mrs. H. H. Clarke, wife OF Chanlain
Clarke. U. s. ~. retired. is spending the
present month at Atlantic City, from
where she will go in August to join her
husband at Calais, Me.
Evening star., 1916-07-23
A Miscellaneous Shower.

Miss Estelle NJ. Cole, whose marriage
to Mr.. Robert E. Winters will take
place on Wednesday, was the recipient
Of many useful and beautiful gifts at
a miscellaneous shower given Friday
evening by Miss Ethel McCauley and
Miss Harriet Sweet, at the home of the
former in Brightwood. Pink and white
flowers were the decorations. The
guests included Mrs. Augusta Cole,
mother of the bride: Mrs w G. Sweet.
Mrs. G. Henderson Sweet, Mrs. Edward
Keel, Mrs. Howard McCauley Mrs.
John Anderson and Misses Estelle and
Amy Cole, Sadie Notes, Louise McGin-
ness, Lucy Hilton, Lucille Keel, Mil
dred Silcott, Grace Swart, Emma Berg,
Frances Lewis. Elizabeth Ritchie and
Elizabeth Gilliland Mrs. Anderson
and Miss Richie presided over the
punch bowl
Evening star., 1916-07-23
A New idea
in Showers,
Navy and Marine Corps Notes,

Mrs. and Miss Caperton. wife and
daughter Of Rear Admiral w. B. Ca
perton, U. S. N, who succeeds Rear
Admiral Cameron MGR. Winslow, u. S
N, retired, in command of the Atlantic
feet, have established themselves for
the season at Newport. Rear Admiral
Caperton is at present on temporary
duty at the Navy Department.
The retirement of Lieut.. Commander
Needham L. Jones. T. S. ", on account
of continued i'll health is generally re-
gretted by his friends in the service
are decided favorites in Washington
society. At the early part of the pres
ent administration Commander Jones
as naval aid at the White House made
the formal introductions to the chief
executive.
Surgeon Moulton K Johnson. T. S
~. has been detached from the L. S. S
Montana and assigned to duty on the
L. S. S. Oklahoma. During his sea
duty Mrs. johnson will spend the sum-
mer at jamestown with her parents
Rear Admiral and Mrs. Seaton Schroe-
naval resort. where they were this
year among the May arrivals. Miss
Schroeder and Miss Joanna Schroeder
have been the guests of honor at a
HuHDeT ol lunCneOnS since Lnelr ar
rival
Rear Admiral and Mrs Charles T
Hutchins are occupying their summer
nome at Greenport. L. l.. until the
late autumn. when they will return to
their home on 18th street.
Rear Admiral and Mrs. J. E. Pillsbury
have closed their home. 1855 Q street
and are It Magnolia, Mass, for the re-
mainder Of the summer.
Lieut.. Commander Edward c. kalbfus
Y. $. n. and wife returned last week
from a motor trip through historic
sections of Maryland
Rear Admiral Albert Gleaves L. s. N
commanding the destroyer fotilIas OF
the Atlantic fleet. has taken apart
ment for the summer at the Harmony
Villa, Newport, where Mrs. Gleaves and
Miss Evelina Gleaves are now with
him.
Mrs. Bowman McCalla. widow of the
late Admiral McCalla, has closed her
house. 20l2 r street. and gone to Santa
barbara, Cal, where she will spend
several months at her attractive
country place
Mrs. William S. Benson. wife of Rear
Admiral Benson. U. S. N. left last week
Evening star., 1916-07-23
Card Party and Dance.

Miss Lillian Myrtle Rosafy of 1909
18th street northwest entertained a
number of friends yesterday after
noon at . euchre party in honor of
Miss Marguerite Wells of Chattanooga,
Tenn. who is on an extensive visit to
the east. and is now the house guest
of Miss Dorothy Taylor The prizes
were won by Miss Dorothy Dulin. Miss
Marian Aten and Miss Katherine Wells,
and the others present included Misses
Margaret Gates. Hazel Priest, Isabel Cain,
Louise Steinberg and Ruth Hollingsworth.
Evening star., 1916-07-23
Turner-Boteler.

The marriage of Miss Margaret Eliza
beth Boteler. daughter of Mr.. and Mrs.
Morgan J. Boteler. and Mr.. Charles
Preston Turner of Burnt Mills, Nd.
took place in Baltimore. Md. wednes-
day, at noon, Rev. H. F. Downs of
Washington, D. c. officiating. After the
ceremony, Mr.. Turner and his bride left
for an extended trip south.
They will make their home in Burnt
Mills until fall. when they will go to
Baltimore, Md. to reside.
Evening star., 1916-07-23
Summer Plans.

Mrs. John H. Magruder is at Pointe
au Pic province of Quebec.
Mrs. Charles Mulliken and Miss Multi
ken of Washington and Millwood, Va,
are at York Harbor, Me.
Mrs. John H. Merriam left Friday for
Newport
DR.. and Mrs. Ralph Jenkins are at
Blue Ridge Summit. Pa.
Miss Josephine Williams is at Prouts
Neck, Me.
Mrs. Henry Sherman Boutell is spend
ing part of the summer at Atlantic City.
Mrs. C. D. Fowler, wife of Lieut.
Fowler of Indian Head, is at Rangeley
Lake House, Rangeley, Me.
Miss Esther Denny Is spending some
time at Sulphur Springs. Pa.
Mr.. David Goldsmith. 141 INLAND ter
race northeast, is on an extended trip
to Detroit, Cleveland, Niagara Falls,
Rochester, Philadelphia and Baltimore.
Mr.. and Mrs W. D. CornwelI and
daughter of 5s I street northwest are
spending the summer months at At
lantic City and nearby seaside resorts.
Miss Florence Cohn of 3145 Mount
Pleasant street, with Mrs. David Shee-
line and Miss Frances Shee1ine of New
York city, has gone to the Adirondack
mountains, New York, for an indefinite
stay.
Mrs William H. Franklin is spending
two weeks at the st. Francis Hotel
San Francisco, Cal. She will visit
friends in Vancouver, B. c., and expects
to return about the middle of August
Morton Kohner, son of Mr.. and Mrs
Jacob Kohner. has joined his cousin
Leo Wise of New York at Camp
Kiowa, Beach Lake, Pa, where they
will remain all summer
Miss Georgia E Miller of y14o6 n
street left last week for St. Paul Mimi
Miss Miller will visit in Minneapolis
and Lake Minnetonka. also Chicago, re-
turning to Washington the middle OF
September.
The Misses Anna and Rose Sachs left
this city several weeks ago to spend
some time with their brother and sis
ter-in- law, Mr.. and Mrs. Frank Sachs
of Yonkers, n. Y.
Mrs. J. G. Chestnut and daughter
Ruth of Wardman Courts will spend
balance of the summer at Rehoboth
Beach, Del.
Mr.. and Mrs. Graham H Kemper, who
recently arrived from Erfurt, Germany
have taken apartments in the Ontario
during their stay in this city.
Evening star., 1916-07-23
HAVE YOU A
sweetheart,

Son or Brother in camp upon the Mexican
Border? II 50. mail him a package Of Aliens
Fcot-Ease. the antiseptic powder to be shaken
into the Shoes. and sprinkied into the foot bath.
It takes the friction from the shoe and VIII he
Of the greatest benefit in that arid. hot climate,
where the aikaI dust plays havoc with the feet
What remembrance could be 50 acceptahlef Ask
your dealer today for 25c box Of Aliens Fcoo-
Ease. and for &c stamp he will mail It for you.