Missouri Valley times. [volume] (Missouri Valley, Iowa) 1874-1931, 1918-01-17
HARMS GROVE FARMERS CLUB


to enjoy the day with us.
We had no program until we
had nartaken OF fine dinner and
had visited for a couple of hours.
AS both president and vice
president were absent, Mr.. Meats
was asked to act. Minutes of last
meeting read and approved.
The children's program was as
follows:
Selfish Billy Green" Margaret
Brown.
Santa Claus and The Mouse, !"
Horace Brown.
"A Child's Logic" Lucille Latta.
When | Was Little Boy, .
Palmer Rogers.
Next we had some very inter
esting readings, as follows:
Mr.. Divelbess, Review on Corn
Situation"
Mrs. Meats, How Will YOUR
John Stand lt9'
Mrs. Brown, Work of the
War
Mr.. Iatta, Production of Pork
for next year. The government
does not guarantee $3.50 per
cwl. for hogs, but will try to keep
an even market.
Annual election of Officers:
n. G.. Brown, president.
w. a. Selvy, vice president.
Mrs. II. T.. Jones. secretary.
+. Whiteman, treasurer.
Discussion of questions:
No. 4 What are the require
ments and exemptions of the fed
|cral income tax as applied to peo-
pie OF moderate means9 Every
unmarried person having a net
income OF $1,000 or more, and ev-
cry married person having net
income of $4,000 or more, must
report before March 1, 1913, to
he collector of internal revenue
for he district in which the tax
payer resides. The single person
who is supporting dependent
children, dependent parents, or
crippled relatives, has the same
exemption $2O00--as a married
person; 5000 is allowed married
men for each dependent child UNI
der rs years OF age. Income is
profit, gam, wages, salary, COM
missions, money, or its equiva-
ilent, from professions, business,
trade, rents, sales or dealings i'm
property, real or personal. In
comes from all sources are tax
grain, stock, butter, eggs,
apples. potatoes, or any product
YOU have raised or taken to the
store and trade ii out for gro
crrles or wearing apparel or
What mol. Living expenses are
not exempt, Grain rent is same
as cash and is income. Some
other exemptions are money paid
for hired help, running expenses
ioi the farm, taxes, except income
laN; interest paid on Indebtedness
insurance except ON your dwell
ing, seed and feed purchased
stock bought for resale, neces-
saly repairs, but not pcrmanen,
1 improvements, nor for new ma
Ichlnery. Depreciation in value OF
property are as follows: so pei
Iod No :s5u!plmq alueIJ no quo,
cent a year on brick or stone
buildings, and 10 per cent on the
cost OF farm machinery and inn
Iplements, based upon actual de-
lprcciation through use or partia'
obstruction. III as good as the
year before, no deduction. IL is
necessary for everyone to find out
whether you have income that will
he taxable under the new law. An
| income tax man is at he court
house now with forms TO be made
olt. help you make ii out and an
swcr all questions.
No. 2 Would it be IL good pol
lcy for the government TO control
! The railroads? Since the govern
mcnt has already taken over the
railroads we thought it would he
we'll TO lay this question over. We
hope the government can control
them successfully.
No. g. G. Nv. Wattles, food adj
ministrator OF Omaha, thinks il
would be we'll TO bring over lOO,-
Japs and Chinese to relieve the
shortage in farm labor. What do
the farmers think? Mr.. Wat
Ties is speaking once for the
farmer and twice for himself. He
knows the farmer cannot use that
KIND of labor. He is a corpora
ton man, and can take gang OF
that kind OF men, put them under
an interpreter and get cheap la
Dor. He says send them back aft
Ter the war. That can't be done
/ w hen our hOyS come home thny