Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-10-19
LIBERTY LOAN
SUBSCRIPTIONS
NOW S3,562,OOO
CONTINUED from page y

their campaign canvassinG. To DATE
tho bows have secured So, 700 in sub
Ecriptions. and they are confident OF
securing several thousand dollars
worth tomorrow. There VIII De
meeting Of the patrols this evening >
al which time Scout Leader X. u.
Burnham viii further instruct the
lads in bona salcsmanship.
A mass meeting was held at the
Honolulu Iron Works yesterday noon
l.. Tenney Peck, chairman Of the
sneakers committee, opened the for
malfties. followed by District Attor-
ney S. c. Huber and X. l.. SteVer. A
meeting was held at the works Of
Cation. Nell G. Co. at noon today
The speakers were Judge Banks and
Richard n. 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 10 the attaches Of that de-
partment. Following the meeting at
police headquarters the city and
county delegation will visit the lire
department and the water works de-
uartment. 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
$500 to the loan already. This money
was turned in by the Fifty Club, COM
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 q membership
OF 75, 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 zoo
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 viii probably be known Mon
day. At that time reports from the
Seier islands will be coming In. The
general committee sent out the fol-
lowing radiograms to representatives
NIn1nlroH
this morning:
"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 ~
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 corporation, 1t will be taxed
for excess profits.
Any OF this years earnings not dis
tributed in dividends, but invested in
Liberty Bonds, are exempt from the
10 per cent undistrihuted profit tax
Already $4,000 worth Of Liberty
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