Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-01-26
AND OTHERWISE

The Treasury continues to urge the
purchase of Treasury certificates Of in
debtedness that the financial needs of
the goyernmentAnay be met until funds
can be raised by the next national loan.
A letter from Secretary Glass has been
forwarded by the Federal Reserve Bank
of Richmond to the banking institutions
of the District of Columbia. 1t calls at
tention to the fact that Tin order that
those who will have income and profits
taxes to pay may prepare themselves in
advance for these payments and accu-
mulate gradually the funds necessary to
meet them. an issue of AZ per cent
Treasury certificates of Indebtedness.
dated January 16. 1919, and maturing
June Il. 1919. is being offered for SUBJ
scription." The letter says that tax
payers and others who purchase these
certificates will not only make wise
investment of their money, tnsuring
liberal return and early repayment, but
will be performing q service OF patriot
ism by lending material aid to the gov
eminent in meeting the tremendous ex-
penditures growing out Of the war"
Tells of q. S. Expenditures.
The Secretary says that at the mo-
ment the armistice was signed the eff
fort of the United States in men and
ma terials had about reached the peak
and the bills which were incurred during
that period are coming fast into the
Treasury. The expenditures of the gov
eminent during the six months ended
in the month of December alone exceed
ed $4,000. 10000 He concludes by say
ing:
'It is safe to say that without the I'M
stinted effort which was made by Amer
lea the war could not have been brought
as promptly to successful conclusion.
We shall not now grudge the payment
Of the bills which were incurred to bring
about that glorious result
The Federal Reserve Bank of Rich
mond urge the banks of the fifth district
to buy these certificates and to resell
them to their customers.
1t also urges corporations, firms and
individuals to forestall the burdens of
the taxpaying dates by laying funds
aside now and investing them In these
AZ per cent government securities. ac-
ceptable in payment of taxes. purchas-
ing them through their local banks.
Joshua w. Miles, collector of in
ternal revenue for the Maryland in
District Of Columbia is a part, has
issued a statement urging people to
make ready their income returns and
to, cooperate with the tax-collecting
authorities and also giving them
advice on the matter of some points
that are doubtful. He says that the
big income tax drive for 1919 now is
under, way and that svery prepara-
stfon is being made to handle the
largest collection in the history of
the income tax.
when the new bill is enacted into
law" Mr. Miles says. Il will have the
proper return forms distributed
throughout the District and every
body will be informed of the date
when the sworn returns must be filed.
1t is my plan to send my men out to
central locations and to have them
travel through the District, aiding
taxpayers in the preparation of the
returns and in deciding doubtful
points. We will go right to the peo-
pie with the income tax, and. with
the cooperation which the public can
give the government men. the returns
will be filed by everybody who comes
under the laws provisions. the right
taxes will be paid and the District
will have done it's full patriotic duty
toward the governments support.