davidaulloa/AmericanStories huggingface dataset:
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01
SAFER At THE FRONT.

at was mistake for me to marry
in order to keep from going snto the
army" remarked the man withsa black
eve and a lump on his forehead.
,ii"You seem to have been In some
sbrt of action"
IT'S becoming the usual thing. And
dhey tell me that In the army a man
hay go month after month without
feeling any real fighting. Washing
Ton Star.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

"A wonian'S smile is more dan
gcrous than her ffown, says Il
nrw-day philosopher, bat We
choose to take our chances with
the ones who smile, onlll",
smile" We like to think our
selves obliyious Ia that sort oi
danger.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01
Prisoners Thankful
For Thanksgiving Feed.

Through the medium Of Deputy
Sheriff Hughes. the guests at the
county Jail say that they wish to ex.
tend a vote of thanks to their genial
host and hostess, Sheriff and Mira.
Green. for the sumptuous Thanlxsgiv-
ing dinner they gratuitously received.
Covers were laid for ~.
The menu included roast turkey.
sage dressing. mashed potatoes and
brown gravy. celery. plum pudding.
baked apples. bread and coffee. The
men behind the bars are beginning to
think that jail isn't 30 bad, especially
when in custody Of such a gracious
Ihost--and hostess.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

Germany where their claims for
recognition at the polls are treat
cd with contempt and derision,
we may assume as certainty
that il the Germans in New YORK
city supported suffrage. II was
not because ofsany sympathy Tor
| the movement itself.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

The turning down Of Christmas
gifts may not be 4 popular form
of propaganda but there should
be no argument when il relateo
to a German peace that would be
a draw.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

We are glad to report that
forehandedness aud pes~lillNn
have not reached the point where
night schools are advocated to
teach the "goosestcp.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

If the German fashion OF
branding prisoners continues we
hope that American artists VIII
have the opportunity OF tat"olllg
a few Belgian landscapes on me
kaiser and his fye sou-.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

DO not forget that tomorrow =
orr DAY 10 meet, shake hands ana
sing and declare for peace II
AIissoula, regardless Of otIi
hatred for the Iiohenzoilrfns
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

We are told that each 81 soy
cralAlhings viii Win thu VAR
food. cannon, ships and men but
unless times have changed she"
tle DAYS Of Alexander, The great
est Of all war assets i The splrit
of the fighter WHO refuses I"
yiefd to anything but the knock
out.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

Now that Jeremiah O'Lcary,
editor of The Bull, has been taken
into custody, we should lnvr>ti-
gate the editorial staff oi the
Con" Just to be sure that the
same staff is moi getting out both
papers.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

We may credit one victory"
toathe kaiser. He has made Nero
look like brute who takes candy
from a child. I
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

He--Old Peaches and Cream! shA-
Harold, I've been talking to the milk
man. and we can't afford for, You to
call me anything but peaches,--Judge.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

We think that Lord Northcllfic
should prescribe for the -ymp-
toms Of cold feet, as manifested
In Lord Landsdowne.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

We are thankful, too, that we
did not have a ,turkeyless Thanks
giving and we are not worrying
about the next one.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

new yellow peril because of the fasci.
nation it eXerts on young, imposed
girls.
let the people rule.-IA slies.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01
Red Cross Takes Over
Ambulance Service

In June the Red Coss took over the Norton
Harjes Ambulance Sevice, made up of five sec.
tons of 20 cars EACH Two men to car and two Of
ficers to each section, and between that time and
the date on which responsibility for ambulance
transport was taken over by the American army, :
it organized, equipped and put in service eight
number of men had ben brought to over GOO. $50
Of them at the front and the remainder in the
training camp. Mary Of these have since gone
into other branches Of service The command
Of the service was urier Richard Norton and the
work in the field, olep under trying conditions,
was carried on with (erve and esprit de corps =
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01
me DAILY tIlsSouLlAN
ssrAsL'sHEb ,s7s
SATURDAY, DECEMBER /. 1917.

The White House pickets IN jail
who refuse to eat. are at least
conserving food for better pa
iliots.
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

F7attery is always dished out ;
other people-never to us. q
The Daily Missoulian. [volume] (Missoula, Mont.) 1904-1961, 1917-12-01

The complete figures Of the
suffrage vote III New York state
show clearly that, surprising as II
may seem, The women owe,
their victory to the votes OF
Tammany-ridden New York city.
The total Notc for suffrage III The
state was 673,sso and the total
against 5Si.3ia. The antl-Suttra-
rists carried the state outside of
the metropolis by 1885,. The
Socialist vote in the city, accord
ing to Morris llillduit, went very
heavily for suffrage, bui We hope
he is quite mistaken III declaring
that this means that The women
are to show their gratitude by
supporting Snrh a form 81 So
cralism as he represents. W.
Abope. likewise. that Mrs. Senator
hdsworth, who led the anh-sni'
- entirely wrong III SaNin9
Victory of women Is du'
Art OF the pro-tier
isis. II is a fact
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08

Charles 3. geilbp an CLARA o
unb Sarab 6. Mc0es. 40 bei 100 Jub
an Der norboFtIifen gde Der Gbillitr
unb GdpoI Sirabe. $500.
Wtatbsip Z. Tslanep on Suiie M.
Delansp, Cots 817, s19, 1923, 825,
827 unb 829 in Stephen aemptr'i
Nnhlab llnterabtheiluns, 81.
Wfaifbeip 8. TeIansp II. Mnb. an
Sufie Or. Deloneb, 33 BEL 157 SUB
an Der glorboftfsite Der WcUtiIlan
Strabs 155 Sub BON 6umboIbt
Ipcnue. 81.
syreberid q. gBefsl an glsIIis
granb, "a bei 1o2 isub an Der Rcrb.
ieitc Der 6pptins Gtrobs, $50 SUB
ipeItIih bfr 2inn gtrabe, 81.
Nellie grdnb an @braham 2ucas,
basfelbe Gieent6um, 81.
9usuit Gndpp an @uauit !. anapp.
Cots 6S1 unb 682 In Wpob, 5ormon
uno Gpmpanb's untsrabtbeiInng III
5aselfpoob, 81.
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
6srman Rabies an gefi etrs,t

! german Rabies an geff Street
gap. 2 g. u. q. Co., $1750.
Wsartin Dsttmtr an 9lntonio 3oms
g. II. .. Co., $500.
Di[lidm Drpben an Rtiptcpn y.
III. g. ". 60, $500
Wearp g. Stslmnn an Wm. Drip
btn, $500.
lSdrrs Oldham on Mm. u. HpIes,
$4,000.
Sobn g. grabcrofi an Satob Goips
pader, $3.50.
9llpina 9lnbrsb an College pin 6.
ii. 3. Co.. $1,000.
q. Z. Ssarn an Rate Roonsb, $4OO.
gBm. Z. 1obb an ML abams ..
II. 6. a., $1,000.
isrdnces Reiiienberg on 5enrp Rtt'
Istnttrp, $400.
5rnntlin plumbing uno 6edtlHJ
60. on 5ome .. u. 6. 60, $4,000.
DO. an German 3. Mitts. $1,000.
emma Tutrigen on 9ernare
Sbarpboff, $500.
Subn Me8ts an Gbas. gaumgarte
ner. $3.50.
aatprenee J. S'glsara on Rate Q.
airp, $4,000.
Gli,nbetb WaIbman an Oiptn u.
Simmer, 1860.
2ouru W. Chamberlain anGortboss
g. Ii. 9. a.. $1,000.
Sp. an gh1s. 6. Gpencer. $50.
Do. on Gbas. grisl, $500.
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
eyntereiiantes BON ber rmi'
fiihen Tuna.
Ger ameritaniitc @otidIdftcr re6nct
iib ou ben aaiir.en.
Sin ip5ioIiitiider sIbeeorbncter er.
tIdrt, baB giubIano am 0iarSe oes
ge.oerbens itebe. :
Er Derlargt iofOrtigcn 5rieben.

Berlin, 6. gidrs. C9Iuf 6rnbt.
lpIem @<ss na6 SapOifl..1 8.os'
| Ii6en aus Siodbolm bsrid.sn yin
seIbeiten iiber Die erite Sieing hrr
raiillden 9uula. gsab Der Stodhol'
ner .,IiSeningen~ poren ifdrfe Was
rrscIE ergrifieu. Inn auiitinSe aii' oen
Gtruber al perbinoerL mo Der &C.
,nnnte 8erfebr Don Der Yoliiei plS
Daritag ansebalien lprroe.
g3dbrenS Der Gisima fm e5 ~
berIt,ieosnen 3piid,euiaIlen. 20
.c:.nldyte bas Sppoiitionsnlltglleo
Brinrun ein, politiid,e 8lugimri't ~
rerIejen, mas ieood, pom asralioerici'
nid,t crl nibt rpiirbe. Ter Sorligenoc
eiiid,ieS in gleider @eiie aud, eeaen
Die 9crleiilng. ais 5ebn aneere SplD'
iitionsmitslieoe- proteitirteiL
g,at SEM .Gorriere bella Sero"
fam es ,li einem iueiteren 3miidenfaa,
als Der pr1iioertt bic oiplomatlIdeii
gcitreter Der nit Stublanb perbiinoc,
icn 2an6er begriibte. Die 0linlanlt'
alisber ilatIaien benGnientes Dtplcmos
lem geifaI, bic ibrerieit9 bnrd, Grbs.
ben BON ben Sigcn eGdten. wiit oeh
gutenie. .Eiplonlnten erhob I'D, nifdl
Der an,sritm:ihe gotidaiter, irlder
iidl bann abcr pIoslih binici>c, ulll
iit irn,itt,I6ar barauf nodnnals ~
cfkcben uno ter 9eriarniliing u
edrfen.
Had, Tlclbunssn aus StpetsrsSura.
bic inStodbolm einiraien, ,ssfiirnerttic
in eiuer Der eriten Sumaiisunsen oer
iosiaIiitiI4e 2lbssorbnste asronstn io'
iortig.n abidlub sines Jtiebsus. nit7i
e.ipa aus aIlgemeiHen Griinoen ioH'
bern ipsil RubIanb am 4bgruno be-
9nberbens iiGnbe. Der abs.orbnsie
msinte, penn Deuti4lanb aud &C.
itpa6t purbe, 70 lpiiroe bic entsuit
alei43eitis in brtifaher Weile ae'
japadt nsrben. Sn Rublanb bsrride
aIlgemsine ausIDiung unb es lei la
derIid, bon elmer groberung aonfln'
Nnrpels 5u ipr.9n. penn bic Rsslt'
runs nod ni9i einmaI imitdnbt pats,
bas eiaens 9anb gu peribtibiseI
Dos ,,gerliner 9aseblait" Isnit In
einsm asiiarii..l iiber bic Ouma bi.
9lufmeriIamieit auf eire tiirBlid In
Der rufIiI5sn 3situns .lIiro RpHihi"
sntbalitn. aeuberung, mad Der bic
ruiTij6e Rsgieruns ani4eintno bic
WSsIihieit einer aufl6iuua Der Onfa
unb slusidrsibuns bon Reuipabi.n in
9eirad,t 3iebe. Na6 BEN ruiiiIf.n
@eitb triii bic 9lima nur tinnlal i'm
Ssyabr suidmmeu, ipds in bieiem Sfane
barauf binauslnufen fpiirbe, bob Der
fpGtefte Sernin FIT bic NsuipabIen tcr
Sttober nddiien Snbr.s f,in piirb,, 10
bab bic Duma I'm folsenbtn DECEMBER
suianmsntre.tn iDnne. sn Der Spis
fhsnssit tpiirb. bic rufiif4e Resisrung
bic Grm1dtisung baben, in gsIsblidxr
Weiis obns parlamentarif9e g,trtrts
iuua 81 regieen.
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
GrnuSeiocntaum ms.liebertrasansen.

Greb. u. par6mann an Samusl
q. 5urii, 40 BEL lat SUB an Der
Siibfeite Der gse9ipoob glbenu., gds
Der Winton ROao tn Dinton placs,
$1.00.
glifbo :. Gobbins an Wiliam 8.
Maen, Got go. 949 Der 8ofinger unb
5opttns a. untsrabtbeiluns bon
GImtpooh, 81.
Gerbindnb gitter an Gbpnrb
5auftilbi, Got SO. 491 unb 40 SUB
DON bem fiibIidea ,Sbeil bon Got 30.
400 tn 6. g. eoopfins brttter Inter
abtbtilung bon Glmipoob, 81.
gDtaiam 9. Grbs an WaItr Bsit.
NJ, 80 ba ne Gak mebr oSsr ~eub
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
gaIlabs I'm . OIL

gaIlabein o smoIL
llbo bndt,: .gIb, bic sSha1.
tsbi ipisbn: %. bic Aba!
Refine onbrs. MIR bic ba!'
Sba feufsit: .sb. Der gbi!s
qba pisbsr; % bu llbo!'
Den nurl. badter beibe WldhA =
Mebe. 0 bu Doppslbuo:
gba, gbi, Jhu, llbo --
ma bl<ibta Isttss iebgl
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
WrnuSeiaenfbnms .Snpotbcfen.
Reu eingetragtn.

| Samuel U. 5urIt an aenOg 3. Il
8. 60, $1,000.
Il. 5. gidIsp an Sen. u. 8idl.p
$500.
| Daniel 9. Rnnban an gresn Ct
6. II. 9. gp., $4,000.
Wolter q. 9etiner an Goutberr
Shio 6. II. 3. Co., 5000.
Warb ausbers an Dariatp goe
9. II. g. Co., $400.
garri. Yfirrmann an Bertha Sen.
ION. $3.50.
Diflium W. Gag. an CAT Gnt
2onn Co.. $3.50.
9Orottn smitb Rob an SomeIfeat
9. IL. 8. Co., $500.
Better 9eFenbo6er an Dome .. II
8. Co., $14oO.
Wasaie g. Sborp on bo., S4100.
Senrp 6. asllum an gtprpoot
Some earrings aE'n., $1,000.
GeOrae Sbarbbin an pster Uhl.
Ter. $1,000.
sb,obore Z. pptter an Glermpnl
.. g. II. 6. Co., $1,000.
Sobn O. Saffer on Clifton Seisbts
Ro. 2 6. II. 3. Co., $1,000.
s5eObor. 8. pptter an Carolina
Webnr, 5000.
6nrrn 9idmdn Il. @nb. on ditto
6. Drummer, $4,000.
9nna 8. 9aptborn on Sprins Gar
ben 6. u. o. Co., $1,000.
Gouis Soffman an 8ietpria .. q.
Ro. 2, $4,000.
GIisabetb amfora an giIas 8. u.
9. Co.. $500.
gribur $. 2dmmerB on Rireriib.
9. u. II. 6. Co., $500.
Otto 8. Winislmnnn an GrcelIeut
g, Il. .. u. Co., $500.
6arrp 9idman u. 4nb. on Cal
boun 8. IL 3. Co., $4,000.
Sobn @. graberaft an Souibnn
Dbio g. II. Z. Co.. $50.
Rancp 8. Sabn al RstDtopn .. u.
6. u. Co., $500.
atIOina @ubr.s on Golies. 5ia @.
IL g. Co.. $3.50.
Com aragnis,i on Diriam &.
Hienobtr. $500.
= sSulia Weurpbb on gumminspiIle
German gani, $500.
Wiaiam .. Tapiss on Stio Sop
Co., s34o.
emma Sueriaan ON Bernard
S6arpboff, $500.
Vauline Gruit an bo., $1,000.
SsroeI Stein on g!speIanb o. u.
Co., $500.
CLARA .. Wlc@ee on Wercantils
9. II. 6. Co., $500.
geors. Saeobs an Rbta 2eihinser.
$4,000.
CLARA .. mcgse an Charles 3.
Wilbp. s407.90.
glnna 8. Gapandusb an Mireb O.
Rapu. sl155.
GetiIgte 5ppotbeteh
Ml.r 81. 6arpuot an 2incpIn gaiis
ger,in. $3.50.
syront aepere an bo., $500.
Gbri'iinn aopta an Gsrmania 9.
q. go. 3, $3.50.
Gillian Weller on glmtpoob pldce
g. II. 9. Co.. $500.
Jofep5 2atpfon an gbas. Wahrsns
berssr. $400.
Carrie pfirrman an Bertha Benz
ipn. $3.50.
aouis g. sind an Burnt Woobs
3. II. G. Co., $4,000.
CLARA g. gnbborn an b., $500.
Qi,5ie Woroenrotb an glbsrpn 9.
IL. 6. ", $500.
Sarriet IN. Gdlt on Jirft Dorb 3.
u. 9. u. Co.. $500.
9atbnrina gambtd an q. gernnro
g. Ii. .. U. Co., $500.
gbos. Ssetnb1ri an bc., $500.
Caroline Mtbner an 2llemania 6.
L. 3. u. SO. go. 2, $1,000.
Gmslin. 6. MeAuab an gbos. g. !
6obbs. 1925.
30. an Central 3. II. 6. Co.,
1880.
aaura Guriib on MabiiOn Q. u.
10. Q. $1750.
Sotn o. Saffer an Clifton Seigbts |
no. 2. 6. u. .. Co.. $500.
2urida .. Collins an probibemt 9.
B. II. 2. Co., $400.
Rufs RubinoD3 an 9ietoria .. u.
10. 2, $1,000.
emma Gwe.t an aion go. 1 8.
/. q. Co., $1,000.
SuIia SfsiIsp an Druobe g. n. 6.
Eo., $1,000.
Rid0Iaus asitner an 5aIia Bra.
lanL S16o. i
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
Gdlifisnndlrihteu.

gtep gori. Z. Mdrs. Qlns::om.
men: .Roddnb.au- pon 9orbsaur.
Baltic bOn 2jpsrpOoI.
Giffabou. 7. Mdrs. Mnseicm.
men: Bona" bon Rem Dort.
TaÌˆgliches Cincinnatier volksblatt. [volume] (Cincinnati [Ohio]) 1885-1919, 1917-03-08
WOrtfesune fOIst)

nytu Tag man blps Hif6t BON bstner
srfrprenen 3ebel SefrierfleiT9 pirb
MIDI iibs BITE Srinas itlafenl'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20

ships, without distinction, and the
basis of capital investment is to be
the actual cash value of ownership
investment plus reinvested earnings.
Under this bill companies earning s
per cent or less will be exempt from
the tax.
In discussing the economic prin-
oiple of the excess profits tax, Mr..
Stamp, the English writer, says:
THE manner in which the excess
is determined, though important,
does not bring us up against the
fundamental conceptions of princi-
pies in this branch of taxation to
the same extent as a consideration
Of the way in which the tax is APP
piled TO the excess. II is possible
TO regard the excess as a taxable
unit, totally unrelated 10 any other
factors, and in that case il may be
subjected to a fiat rate, producing a
tax proportional TO the amount Of
the excess, or it may be graded in
absolute steps, giving progressive
scheme. But the excess may also be
viewed in its relation TO other fac
tors; it may be compared with the
amount OF the standard profit, and
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20
WAR PRODUCES EXCESS PROFITS AND
THEN TAKES BIC SHARE FOR ITSELF
Business the World Over Forced Through Broader Taxation Contribute Literally
from Extraordinary Earnings Arising Out Abnormal Demands Created by
Universal State Of Military Acknowledgements Well as Beigaf-
ent Resort to This Method of Raising Funds

in process Of enactment in this coun-
try proposes a heavy increase in the
excess profits tax. Under the terms
of the bill now before Congress it is
planned to impose a tax of Is per
cent on all earnings on invested cap
ital in excess of 8 per cent. This, 1t
is expected, will provide approx
mately S110,00O,000, in addition to
the 50,000,000 anticipated under the
terms of the first excess profits law.
Many American corporations will be
called upon to pay handsomely to
the government if this bill becomes
a law. Forty American companies
with earnings aggregating 100000
600 in 1913, the last pre-war year,
earned S73O,OOO,OO0 last year. This
shows where the funds to meet the
added taxation are to come from.
The plan is to make the tax appli-
cable to corporations and partner
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20

idea is always associated with the
nrinciple of sacrifice and with what
the fortunate individual can aHoru
70 nav. But apart from the fact
that every individual shareholder III
an excess-m making company may LOT
other reasons have reduced total
income, which is consideration al
fecting all attempts to get down 70
the individual in this class OF taxa
ton. we have this peculiar difficulty
attaching TO any relation between
profts and capital; company with
30 per cent normal profit having b
oer cent extra is made to pay at a
higher rate than a company which
had 6 per cent and rises to IL per
cent. whereas it may be well that all
The present holders Of the former
company bought on per cent
basis. and realize now, as indiVid-
dals, per cent only on their out
lay. Their outlay is, of course, not
in she business.
"If, however, the progressive IN
come tax is left to look after indl-
vidual faculty and the tax on excess
profits is not regarded as a tax on
incomes at all, another basis may
be found for a progressive tax ac-
cording to yield upon capital. Each
business may be looked upon as a
collective entity Of "hard assets =
with a capital cost value, to which
there is attached, with its ordinary
human association, normal accre-
lion of products-viz., average IN
crest; then any concern which by
fortunate Konjunctur has a much
arger normal accretion than others
ii. e., real goodwill) has greater
capacity TO bear tax thereon without
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20
WHAT THE INCOME
ACCOUNT SHOWS
Expert Tells How the Layman Can Read Understand
ingy the Reports Issued by Railroads and
Industrial Companies

should be, because OPERATING =.
cheney depends upon many dis.,...
factors.
In an industrial enterpns. -.
revenue is known as profit from !,
Grafton" 1t is the amount rer,,;s
ing after deducting the exDs,,..
necessary TO produce and sell II. :.
ished product. A great many ina.
trial companies in their annual !.
ports mention none Of the itemst,,.
"gross sales" down to and incI,1',.
profit from operation" as It il a.
not desirable that the relatio, 1.
tween gross sales and the dir.,-.
expense accounts should be kro,,
except to a company's executives :,
it might be an advantage 10 "A.
petitors.
From the net revenue Of tr,,,
portation companies taxes are A
Quoted; and from that OF steam ,,1
roads the item Of uncollectibie rev,.
nue.; the remainder in both cases :
known as operating income.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20

and there is a considerable element
of double taxation which brings the
burden to more than 70 per cent.
In Austria companies are charged
10 per cent upon any part of the
excess which is not more than D per
cent upon capital, 10 per cent upon
the excess between and 10 per cent,
and so on up to 80 per cent on all
excess over 80 per cent on capital.
In France the rate is now 60 per
cent, instead of 80 per cent, for that
part Of the excess which is above
100000. In Russia other taxes are
first paid and deducted before the
excess is ascertained, and it is then
taxable at 20 per cent; but if the
profit is over 9 per cent on capital
the tax is II per cent on the excess,
if over 10 per cent the tax is p per
cent, while a 20 per cent profit car
ries 40 per cent rate upon the eX-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-05-20
charges.
How Taxes Are
Figured in Accounts

The item Of taxes, whether u
steam railroads, electric railways u
industrials, is always a fixed chalg''
representing disbursement Tor 'n'
protection of capital, as, IN case o.
need, the government could be caiiec
upon to protect the companys prop
erty. However, steam or elecuN
railways, owing to rulings Of the ID,
terstate Commerce Commission anu
of the various state public service
commissions, deduct taxes from W.
revenue, as shown above, prior 70 ",
duction of fixed charges; thus 'sa''
are given a more favorable POSITIVE
than interest payment, and eonS
quently are not included as a Tx"
charge.
The relation between gross e''
porate income" and fixed charge
shows the amount available, GU"
pared with the amount required :
meet charges. When the conlpsI
has for a series Of years earned :
substantial amount above ena's'.'
the bonds, generally speaking, %"
be regarded as a good inyes'neh. :, /.
The balance remaining after W
payment of fixed charges IS 'ne' :
come" This item, the last 70 =
pear on the income account OF an . :.
1ustrial company, is transfers., :.
the credit side of the profit ana "
account. -
In the income account OF rs''' !.
there is an additional item known =
disposition of net income. =,
first item under disposition Oh :"
income is Sinking fund payments: :.
The concluding items under - -
heading are dividend appropr'.. "a
of income" and 'incomc approp'~s
for investment in physical prcps'.s' ",
It is important to note the rel'' =.
between these items, as it Show
amount of cash returned to 'n
holders, i. e., to owners of the ~
erty, as compared with the
of earnings left in tho propsrU -