Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-19

their campaign csnvassing- To date
the boys have secured $22,7o0 In sub
scriptions, and they are confident OF
securing several thousand dollars
worth tomorrow. There will be
meeting Of the patrols this evening
at which time Scout Leader X. L.
Burnham Will further instruct the
lads in bono saIesmanship.
A mass meeting was held at the
Honolulu Iron Works yesterday noon.
l.. Tenney Peck, chairman OF the
speakers committee. opened the ior'
maIities, followed by District Attor-
ney S. c. Huber aud r. l.. Stever. A
meeting was held at the works OF,
Cation, Neil G. Co. at noon today.
The speakers were Judge Banks ana
Richard II. Trent. Following the
gathering statesmen explained the
workings OF the Liberty Loan and re-
Ceived subscriptions.
Mayor Fern. together with the board
OF supervisors, will visit the police
station Tuesday morning at 10 o'clock
and talk to the attaches Of that de.
partment. Following the meeting at
police headquarters the city and
county delegation will visit the fire
department and the water works de-
paTtment. Some time next week the
mayor and supervisors will make an
auto tour OF the island, addressing
men working on the roads and plan.
tations. Hawaiian and Japanese
speakers will explain the Liberty
Loan to the men.
The employees of the Won Hamm'
Young company have subscribed
$1,000 to the loan already. This money
was turned in by the Fifty Club, conn.,
posed of half hundred employees who
have pledged themselves to subscribe
a dollar week for fifty weeks.
Members of the central auxiliary
committee, which has a membership
OF IS, will meet Monday afternoon at
$3.50 o'clock to discuss methods OF
speeding up the work for the remain
der Of the campaign.
Paymaster George Dyer at Pearl
Harbor telephoned to the executive
secretary this morning asking for 200
more Liberty Loan buttons and lit
erature, The campaign among the
sailors and civilian workers at the
big naval station is progressing in
whirlwind fashion, and definite re
ports on the amount Of money sub |
scribed will probably be known Mon.
day. At that time reports from the |
t<ler islands will be coming in. The !
general committee sent out the fol. |
lowing radiograms to representatives !
on Hawaii. Maui, Molokai and Kauai
this morning: 4 ..@
"Schofield soldiers subscribe
half million to Liberty Loan in
one day. Army total will reach
million. Let Hawaii do her bit"
The recent table Of income taxation |
which was published locally has been
found to require severe alterations, |
according to advices received from |
Washington. Information from the |
treasury department informs the local |
committee that the tax on all normal |
incomes has been raised from 2 to 4 |
per cent, plus the surtax. Corpora
ton tax has been raised from 2 to 8
per cent plus the tax on excess profits /
and undistributed profits. The bonds
OF the first Liberty Loan, bearing 31s
per cent interest, however, are exempt
from all taxation. Four per cent Lib.
erty Bonds are exempt from taxation
when not more than $4,000 worth is
held by one person. II an individual
holds more than $4,000 worth Of the
second loan he is liable for surtax
only; II q corporation, II will be taxed /
for excess profits.
Any of this years earnings not dis
in dividends, but invested in
Liberty Bonds, are exempt from the
10 per cent .undistributed profit tax.
Already $4,000 worth of Liberty