El Paso herald. (El Paso, Tex.) 1901-1931, 1918-01-17
SUGGEST IDEAS
To HELP NATION.
Wingo and Henry Explain
War Savings and Taxes
to Rotary Lunchers.


being discussed by T. NJ Wingo and
income tax collector for FL Paso, oc-
cupied most OF the time Of Rotarians
at their weekly meeting Thursday
noon at Hotel Sheldon. during which
new ideas and new ways to help the
government were suggested in great
number.
Prefacing his remarks with the
| thought that men alone, although
they may number millions would not
win the war. and citing the case of
Russia, with millions Of men and
only thousands Of dollars, Mr. Wingo
and dimes in even great financial
plans. He said the French govern
ment long ago realized the power Of
/ the small investor and every peasant
1 is a bondholder in France, bonds be-
/ ing issued in denominations as low
as 20 francs. or 81; the result being
/ that France has had less trouble in
financing the war and has had to
make fewer tax raises than any Of
her allies Likewise, the British gov
eminent saw the same truth early in
the war and to date has sold about
SO, 000.00O,0O0 of war stamps. Incl
dentally. the British plan of keeping
I
times is superior to the American
drive system, Mr.. Wingo thought
Shouldn't EsPass the Buck,
The practice Of buying and imme- |
diately thereafter selling Liberty
bonds was condemned by the speaker,
who said: We. are not doing ouK
duty by buying today and selling to- |
morrow. This passing the buck in |
order TO make a good local showing |
must cease. The dumping on the /
market Of government securities is |
the reason why Liberty bonds are /
selling under par However, even II I
lower markets come, we should not
be discouraged. Before the end Of
the civil war. government skies sold /
at $50, while three years after the /
war the same securities brought /
S114. I firmly believe that a year /
after peace is declared. the govern
ment's present fours viii sell from |
s110 to $500"
Showing how tremendous numbers
Of savers would be added to the 4
present army OF economical fndi- /
viduals at home If every man. woman
and child held a thrift card, Mr.. |
Wingo then pointed out that as the /
desired end OF the thrift campaign.
He quoted Frank Vanderlip, author
Of the war stamps plan, to the effect
that the success of the campaign
would mean the education of 10000
600 more savers.
Henry Answers Questions.
Mr.. Henry made his remarks in the
nature OF a round table, answering
questions as they were propounded
The principal information sought was
exactly what individuals should make
income tax returns. Mr.. Henry said
all single men making over $1,000 and
all married men making over $4,000
must make the manifests. The $4,000
mark holds for married men. even II
they have children, for which extra
exemptions are allowed Corporations
must report on all employees receiv-
ing over $500 a year, he said.
c. ". Groom, of the Rotary war
council committee, reported that at
the next meeting he would outline the
details of a comprehensive plan
whereby Rotary could do its share inf
the war stamp campaign.
Would HoOFerize Rotary Lunches.
a motion by rabbi Martin Zislonka,
and voted unanimously. provided
that the directors arrange with the
Sheldon hotel for the Hooverizing Of
Rotary luucheons. The idea was to
reduce the price from IS to 50 cents
and reduce the meal from dinner 70
A luncheon, each member to buy q
thrift stamp with the IS cents so
saved.
President Robert Krakauer read a
communication from A. A. Fisk, of ]
the national war service board. in !
which Mr. Fisk thanked FL Paso
Rotary for its campaign for $4,000
Tor local training camp activities.
Act on High Line Canal.
That nov is the time for all or
CARNATIONS working for the better
nent Of Ell PasO to combine in a cam ,
paign for Dr. Nathan Boyd's plan J
for high line canal from Elephant
BUTTE dam. was the suggestion of J. :
w kirkpatrick On motion. duly {
passed. the chair appointed o. J. Bin
ford, W. E. Wood and DR.. S. H. Wor- !
rell TO act for Rotary in this move !
ment
During the discussion, Mr.. Binford :
called attention to the fact that large o
enterprises are being I &
electrified and that Canada is bidding U
successfully for American factories. J
For this reason, every effort should I
be made to keep factories in the
United States. George R. LeBaron :
that water for irrigation i
purposes, as well as power, would /
come from the canal project
To Meet With Other Clubs.
Committees from other clubs will
act with that from Rotary and meet /
the chamber Of commerce directors
Tuesday night and take up the mat
ter
c. 3. Samson. New Mexico highway
= I >
and spoke with praise for the gallant =
Efforts on the part of Dona Ana n
county in paying her share Of the b
cost of the Las Cruces Anthony road. h
The total cost would be S27s.000. the Z
government paying so per- q
cent, the state IS percent and Dona o
Ana county the remainder.
Greetings From PershiEE.
A reply to the New Years greetings 4
sabled 10 Cen J. J. Pershing was re- s
seived. as follows: Happy to be in | ?
ouch with FL Paso. Holiday greet 4
ngs to all" 4
On suggestion OF Salt Lake City 7
Rotary it was voted that the directors
De asked to contribute IS towards
Duying a present for the retiring in :
ernational president.
R. A. Kelly. new member. was in
reduced. while the resignation of W. \
VI. Laughlin was received. S