The Detroit times. [volume] (Detroit, Mich.) 1903-1920, 1917-10-16
Motor King Himself Buys
$4,000, 1000; Remainder
For Employees

ton will be credited 10 three teams
captained by Howard Bonbright,
John McNaughton and William VI.
Mertz The Ford Motor company
is represented on these teams by
Edsel Ford. +. L. Kingensmith ana
II. II. Rackham, respectively.
Subscriptions reported Tuesday,
in addition 10 the Ford subscrip-
tons, totalled $l.J3A.o 900, or a total
of -S11.534, 900 for the day.
Thnd Z E--Leiand, -as the real cytuts-
team, tord OF small grocer OF pro-
German tendencicB who had villined
President Wilson and cursed this
country when asked 10 bnr hnnd
A young clerk in his employ fol-
lowed the salesman outside after
bitterly denouncing his employer
and automatically discharging him
self and subscribed for a bond.
Richard II. Weber. president OF
the J. l.. Hudson company, whisper.
ed something in Sales Chairman
Larned's ear Mr.. Larned was
promptly on his feet with the an
nouncement:
Il am authorized 10 say that n
that young man will call at the
Hudson store he will get a better
lob
This brot a lusty cheer for Mr..
Webher.
The Detroit Life Underwriters
carried or the honors for the best
showing OF the day. After they had
reported s1s7459 In 260 Eubscrip-
tions. W. r. MacPherson. auditor or
the committee. announced that he
was authorized 10 credit the under
writer's with the s250.000 subscrip-
iion OF the Central Savings bank.
Henry Ford's statement, as read
by Mr.. Livingstone. follows:
The best thing that over happened
in the world was the United states
entering the war. because ~ assures
absolutely all the nations including
Germany. square deal AZ the round
table after the slaughter has stop
ped.
onr limit 70 the Liberty bond so az
70 back "our Uncle samuel with
shot gun loaded 60 the muzzle with
buckshot" so that he viii carry
weight 81 the round table.
Altho there is not man IN ths
world more opposed to miitarfsm
and 20 all war than myself. feel
that we must support our govern
ment 20 Tho limit in this war be-
cause our presfdsnt - pledged 10
abolish all future wars as far as
possible This is the greatest 3usti-
ncstlon for continuing tho war And
7 a4-I4fi.ierc~ rfTar rns president
VIII embrace tho first opportunity 70
make q just peace which VIII include
Disarmament and arbitration of all
future Disputes. These are the main
objects An others are eecondsry.
In a meeting or County Clerk
Oakmsn's star. Monday afternoon.
$1,000 worth Of Liberty bonds wers
purchased
II think that II anyone should
buy bonds 10 should be county. city
and government employees declared
Mr. Oakman. addressing his stan.
Ralph Stonr. treasurer OF The Lib
ertv bond executive committee, gave
out the following statement Tues
dav:
Our ssiesmer have been told ~ =
number of corporations that they
cannot AFFORD - buy the new four
per cent Liberty loan bonds. because
they frd it necessary 90 borrow large
amounts 60 bay war taxes. The new
War Revenue act Iusf passed by con-
greas contains taH 90 - per cent
on the nst earnings uf corporations
which they ao rot peN out in divi-
dends 90 their storkhoiders or which
they Gn not invest or employ IN the
business rhese earnings are called
un1irtributef nat income N this
undittr.hut~A rec bnrome, ls invested
in fhe fohr per cent liberty loan
BONDS. 20 is' exempt FROM The - per
cent tex and these Liberty loan
bonds are the oriv government cbl-
- lions in which fhaEe earnings can
Us invested 20 he exempt from the
tax -A
There is little "stinEsr IN the
law too. n Uncle sam finds out
Afterwards that Any pnft ~ tho earn
inEs not paid oui ir dividends IL not
reasonably eupicrei in the business
and the 10 per cent tax is not paid
on "a. he viii levy rs per cent tar
on a.
THIS opens MP a wide hrld for thc
1. l. =