davidaulloa/AmericanStories huggingface dataset:
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1920-12-08

Pass Book No. ais issued by the Barton
Savings Bank & Trust Co., Barton. Vermont
August ). 1909. sSwS
Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1920-12-08
THE NEWPORT NEWS

Issued Every Tuesday and Entered st
the Poztoffce in Newport as Second
class Matter
The Adair County news., 1920-03-17

THE Ne vs. is SI.5O an
$500 per year. Send in
your subscription at once.
The Adair County news., 1920-03-17
R. R. RATES MUST
Be ADJUSTED
Dean of the Wharton School of
Finance on the Need of Good
Railroad Credit.
TO MAKE INVESTMENT SAFE.
National Authority on Railroad Trans
portation Says Roads Must Be
seIf-Supporting or Become
Bankrupt.

In an address on 1.-THE Railroad Puz-
zle." delivered in Philadelphia, Janu-
airy 8, DR.. Emory r. Johnson, dean Of
the Wharton School of Finance, and
one of the nations leading authorities
on railroad transportation, declared
that after the first of March the COM
pahies must be self-supporting or be-
come bankrupt Continuing, he said ::
Can the railroads be successfully
financed and operated when they are
returned to their owners? For two
years the government has drawn upon
the public treasury to sustain the
credit of carriers.
IF the carriers avoid failure their
income must cover operating expenses,
maintenance and capital charges; if
the companies succeed to the extent
that is demanded in public interest,
they must not only be able to meet un-
avoidabie expenses, they must have
some surplus revenue.
IF there is no income to he used In
part for betterments and IN part for
The Adair County news., 1920-03-17
Millions IN j. S.
OWN RAILROADS
Wage Farmers Directly and In
directly Affected by Roads
SolVenCy.
DIVISION OF SECURITIES
Mutual Savings Banks Owned Entire
Iy by Oepositors Hold Large
Amount of Railway
Bonds.

Millions of thrifty Americans who
have laid aside something for a rainy
day" are directly or indirectly owners
of railrOasl securities This ownership
represents not only individual invest
ment in the railroads, but holdings OF
railroad securities by life insurance
companies, savings banks, fire and ma
rine insurance companies, benevolent
associations. educational Institutions
trust companies and State and Nation
al banks. A large part of the assets
Of these institutions depend on the SOL
tvency of the railroads.
The ownership of railroad securities
among these people is divided approx
imately as follows:
Individuals, numbering over
100000, own outright about S1O,-
OOO,OOO,OOO in railroad securities.
Over 100000 are stockholders with
an average holding of $13,956.
Life insurance companies, with
100000 policies in force, own
nearly $2,OOO,OO0,OO0 of railway
securities.
Savings banks, with 100000
depositors, own SS47, 100000
Fire and marine insurance com
panies, casualty and surety COM
panies own a total of S649,000,O00
Benevolent associations, col
= leges, schools, charitable institu-
tons, ETC., own $350,0O0,O00.
Trust companies, State and No
tional banks own 1866, 100000
According to statistics compiled for
the Association of Life Insurance Pres
idents in 1913, 27.65 per cent of life
insurance companies assets were in
vested in railroad bonds, and during
the first half of 1919 the percentage Of
railroad bonds held by the life insur-
ance companies was 26.25 Of the total
assets Of these companies.
The Adair County news., 1920-03-17

UuHomg up surplus or reserve fund,
the public will not invest in the rail-
roads, their credit cannot be re-estab-
lished and maintained and corporate
ownership and operation of the rail-
ways will fail.
''Tbe income of the carriers is deter
mined by public regulation, and prop
erly so; but from this it follows that
the country must decide between a
policy of adequate revenues to the
railroad corporations of the future and
a policy of government ownership.
1.-The government is entitled to credit
for having given greater unity to rail-
road operation, both line and terminal.
1t has done much that the carriers
were prohibited from doing. The pub
lie now realize that cooperation of
the carriers in the joint use of equip
ment and terminals should be encour-
aged, instead of prevented.
"The railroad legislation now pend
ing in Congress must solve many diff
cult questions, but the most critical one
is that of providing for the future reg
ulation of railroads in accordance with
a policy that will cause the carriers to
secure revenue sufficient to enable
them to perform their services ade-
Quately and with progressive efficiency
The railroad business must be made at
tractive to private investments or the
country will have to adopt government
ownership and operation of the rail.
roads. There Is no other alternative"
The Adair County news., 1920-03-17
interest or WADE Farmers.


In addition to this widespread own
ership of equities of American rail-
roads by the people of the United
States every wage Garner who pits
money into the savings bank has d.
rect interest in the sOundness of rail-
road investment on account Of the
large part Of the savings of men and
women wage earners secured by the
railroad bonds which are bought by the
savings banks
A great many of these institutions
are mutual savings banks which have
no capital stock, pay no dividends,
earn no profits for stockholders. and
their entire property belongs to the de-
pOsitors. Every dollar that The HJnk
earns beyond the actual cost of dong
business also belongs to them.
The report of the United States
Comptroller Of the Currency for 1913
shows that 625 Of these savings banks
operated on the mutual plan had at The
end of 1918 total deposits of s. t22,-
O96,393.15 credited to 9,O11, 464 dCnOs-
itors, an average deposit Of $49J z.
These figures covered mutual savings
banks in IS states Of the Union.
The ComptrOller's report gives the
amount of railroad bonds held by EIu-
tual savings banks in the six New Eng
land states-Maine, New Hamps. ire.
Vermont, Massachusetts,, Rhode Island
and Connecticut-as $406, 272, 166. The
report of the State Superintendent Of
Ranks ~ Novu Vork ShoxvS that tho
railroad bonds held by the mutual saw
ings banks at the end Of 1918 in New
York amounted to $361.711. 1874.
The Adair County news., 1920-03-17
FARMERS income
SUBJECT TO TAX
Gains for 1919 Must Be Figured
Under U. S. LaW-ReturnS
Due March is.
LAND SALE PROFITS TAXABLE.
Necessary Farm Expenses May Be
OedUcted-SpeciaIF Form for Farm
Income-Cash or Accrual
Basis for Computing.

A farmer, shOpkeeper, or tradesman
must figure up his net income for 1919 !;
and if the farm or business income
plus his other income was sufficient to
require an income tax return a COM
plete return must be filed with the col
lector of internal revenue by March 10.
A farmer should ascertain the gross
income of his farm by computing all
gains derived from the sale or ex-
change of his products, whether pro-
duced on the farm or purchased and
reSold.
Farm Expenses.
From his gross income a farmer is
allowed to charge off all of his neces-
sary expenses in the conduct of the
farm during the year. These include
costs of planting, cultivating, harvest
ing and marketing. In addition to
these costs he may deduct money spent
for ordinary farm tools of short life
bought during the year, such as SHOW
els, rakes, etc Also, the cost of feed
purchased for his live stock may be
treated as an expense in so far as this
cost represents actual outlay, but the
value of his own products fed to ami
mails is not a deductible item.
Other farm expenses allowable are
the cost of minor repairs on buildings
(bur not the dwelling house), on fences
wagons and farm machinery; also bills
paid for hOrseshOeing. stock powders
rock salt, services of veterinary, insur
ance Except on dwelling house,, gaso
line for opera ding mower and Sundr'
The Adair County news., 1920-03-17

Sold by Paul Drug Company.
The Adair County news., 1920-03-17
INCREASED WAGES TOOK
e79S OF INCREASED RATES.

Increases in freight and passenger
rates made during federal control
amounted to $1,S35, 100000 when ap-
piled to the traffic moved up to July
81, 1919, while the increases in wages
applied to the number of employees
and the hours or days worked in July,
1919, amounted to $1,774,800,O00, or 81
per cent Of the revenue from the in
creased rates, according to a state
ment compiled by the Interstate Com
merce Commission at the request OF
Senator E. D. Smith of South Caro-
lima and presented by him in the sen
ate on December 20.
The Adair County news., 1920-03-17

as to how To properly figure his ne
income for 1919.
There are two methods Of &guring {
farmers income tax return this year
He may make his return on the basis
of the difference between the none!
and goods received for his product!
and the cash paid out for actual allow
able farm expenses within the year
Or he may make his return on the &C
crual basis, which means computing
the receipts and expenses that pertain
to the taxable year, excluding incom,
earned and expenses incurred in pre-
Vious or succeeding years.
The Adair County news., 1920-03-17

other expenses which were paid for in
cash.
AS to hired help, all the productive
labor is a deductible expense; but the
wages of household servants, or help
hired to improve the farm, as in tree
planting, ditching, etc., cannot be
claimed against earnings. A farmer is
not allowed to claim a salary for him.
self or members Of his family who
work on the farm.
Wear and Tear.
Purchase of farm machinery, wag-
ons, work animals, etc, also the cost
of construction or extension of build
ings, siIos, fencing, etc, should be con-
sidered additional investments in the
farm and are not proper deductions
against income.
A reasonable allowance may be
claimed for wear and tear on farm
buildings Except the farmhOuse),
fences, machinery, work animals, wag-
Ons. tanks, windmills and other farm
eQuipment which is used in the con-
duct of the farm.
As to autos and tractors, the cost Of
these is not an expense, although the
cost of their upkeep is an allowable
deduction, if the machines are used ex-
clusively for farm purposes and not
for pleasure. Also, in such cases, de-
ductiOn for wear and tear is allowed.
Farm Losses.
The loss of a growing crop is not a
proper deduction from income, mas
much as the value of the crop had not
been taken into gross income. The
loss of a building or of machinery
through storm, lightning, food, etc., is
an allowable deduction, but care should
be used to ascertain the correct loss
sustained. as restricted by income tax
regulations.
No deduction is allowed in the case
of loss of animals raised on the farm,
but a loss is deductible from gross in.
come if the animals had been pur-
chased for draft or breeding purposes.
Shrinkage in weight or value of farm
products held for favorable market
prices cannot be deducted as loss, fol
the reason that when such products
are sold the shrinkage will be reflected
in the selling price.
Sale of Farms and Land.
The value of agricultural lands hal
been jumping during the past few
years, and during 1919 many owner:
sold out part or all Of their lands a
big profits. All such gains constitute
income and must be taken into the ne
income for the year.
Any person who sold part of farm
or ranch, or part of a parcel of land
must also show any gains realized b!
the sale.
The method of figuring gains ant
losses on such transactions is pre-
scribed in the Income Tax regulations
copies of which may be, secured from
Internal Revenue Collectors.
Forms for Returns.
The Internal Revenue Bureau ha
issued an improved Form 1040F 70
the use Of farmers. This form, to
gether with Form 1040A or 1040, VII
~sys. the..farTSer explicit informatio
The Adair County news., 1920-03-17
Public Sale.

Murrell Bros. will sell at public ac-
tion. at the Russell's Creek kOEer
Mill, on Saturday the 2Oih of March,
One horse, one mule a wagon and a
lot of plows. Household goods, IN
paratiVely new piano. and a rye
number of other articles and kitchen
furniture. 202B
The Adair County news., 1920-03-17

"Wor was the asst card Oh
dealt ye, Moike?"
ga spade"
"Oi knew it Oh saw ye spit
on yer hands before ye picked it
up"
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01

For Sale or Trade-Ford touring
car in good condition. see Eugene I
Massey
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
Leroy.

Jim Wade, of Weldon, visited at
the Tom CLANCY home Wednesday
Mrs. S. J. Westcot was in Martins
dale Saturday.
Mrs. Cecil Miller and children, of
Carlo, Neb., are visiting at the home
Of her husbands parents, Mr.. and
Mrs. w. S. Miller.
Robert o. Briggs, entertainer, gave
the closing number of the Lecture
Course at the M. E. church Monday
evening.
The people in general are well
satisfied with our Lecture Course
and hope to have as good numbers
next winter.
Floyd Krouch returned home
Wednesday after spending the past
two months at Cloverton, Minnesota.
Rev. Irons, Presbyterian minister,
preached his farewell sermon Sum
day evening and will leave soon for
his home at Morristown, South
Dakota.
visited few days the past week at
the home of her parents, Mr.. and
Mrs. C. L. Culver.
Mrs. Walter Lewis was a Humes-
ton passenger Friday.
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
Il. F.. d. No. 4.

Mr.. and Mrs. Ray Scott and fam
lily visited his parents in Decatur
City Sunday.
Harry Fleming and wife spent
Saturday evening at Joe Mullins.
Sam CARRIER was Leon caller
Mr.. and Mrs. L. E. Stewart and
family attended the funeral of his
sister, Mrs. Edd Parker, Saturday
afternoon.
Mr.. and Mrs. Raymond Mullins
visited over Sunday in Leon.
Mr.. and Mrs. Maurice Snyder are
moving on the Whiting place.
Walter Durham, wife and son,
Ralph, had business in Leon Monday.
Nathan Boyce helped Ray Scott
with his butchering Monday.
Miss Julia Mullins stayed Satur-
day night with her sister Mrs. VIM.
Buckingham, Of near Decatur.
Harry Fleming and son. Floyd,
were High Point callers Saturday
The Farmers Union gave a sup
per at White Hall Wednesday even
ing,
Everett Konklin and wife and
daughter Dorothy, were in Leon
Saturday.
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
Morgan Center.

Mrs. Cyrus Wells and daughter,
Blanche, returned Saturday from
Cushing, Oklahoma, where they have
been visiting relatives the past two
weeks.
Mrs. P. A. Bright is staying at
Don Moore's caring for her new
grandson, who arrived there last
Mrs. A. D. Curry called at Peter
Poland's Friday morning.
Frank Bright spent Tuesday at
Reno Willis.
Mrs. Will Showers called on Mrs.
A. B. Willis Monday.
Arthur Phelps missed school
Thursday and Friday on account of
the river being out.
Douglas Collier called at John
Poland's Monday.
Mr.. and Mrs Riley Hatfield spent
Sunday afternoon at Don Moore's.
Miss Fairy Bright spent Sunday
with Ethel Dillon.
Miss Maud Slower visited her sis
ter, Mrs. H. e. Bright, Saturday.
Sebert Hollinger went Sunday to
work for jamie Duncan.
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
Garden Grove.

Joe Sparkling of Mt Ayr, came the
last of the week to look after bus
mess matters here and visit rel
atives. Joe has been quite sick the
past winter and his many friends are
glad to see him out again.
Merritt Molaski made trip to
Omaha, Neb., the last Of the week.
Miss Arleen Dilsaver, who has
been visiting her sister Kate, in Des
! Moines, returned Saturday after
noon
Mrs. S. M. Buffum, who has been
spending the winter with her daugh-
ter, Mrs. Alexander at Leon, return
i very good health the, past winter.
Last Monday was Mrs. Buffum's
ninety-first birthday and her many
friends here congratulate her on at
| tanning this age, and enjoying such
good health. She is certainly one OF
our most excellent old ladies:
The commission sale held here at
the stock yards last Saturday by
, Guy H. Smith was quite we'll attend
ed and quite an amount of property
sold.
The Smith hardware store has
rented the room in the Masonic
building occupied by A. E. Northrup's
general store and they will move as
soon as Mr.. Northrup moves to his
room on the south side. ILL,
visiting with relatives returned to
Pleasantville, Iowa, Tuesday where
he is working for Mr.. Van Helten,
who formerly lived on the Eveland
place.
Lloyd Morris and family went to
? Derby Sunday to visit at the home OF
'''1 Harold Warrington went to Ames
the last of the week to get his things
which he left there when he c~--'e
home on account OF illness.
B. S. Miller, J. F. Gill, Ray Scott,
w. S. McCaull, and others went to
Leon Saturday to attend the Republic
can conference, held in that city;
! Mrs. Edwards and Mrs. H. War
rington were in Leon last Saturday
shopping.
MIR. and Mrs Trave Lane were
passengers for the county seat last
'As Mrs. &. W. Cox and Mrs. w. X.
Macy were visitors at the county
seat last Saturday.
Mr.. and Mrs. E. 0. Lovett went to
Des Moines the last Of the week. Mr..
Lovett has been quite i'll for the past
several days and Mrs. Lovett has
been here caring for him, but he is
now able to be about.
Henry Ross went to Leon Satur-
day. He was accompanied by Mrs.
Chastain who has been visiting at
the Ross home.
Lloyd Morris made business
trip to Des Moines last week return
ing su ud xvi Wilcox made a business
trip to Iowa City the last of the
week.
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
FairyieW.

Mrs. p A. Bright is staying at the
Don Moore home helping to care for
the new boy.
Mrs. Ellis Beavers visited Friday
with her sister, Mrs. Henry Petty.
Russell Warnock and wife spent
Friday night at the Oliver Bright
home.
Riley Hatfield and wife spent
Sunday evening at the Don Moore
home.
Miss Jewell Thomas, of Lineville,
has been visiting her friend, Miss
Ethel Dillon, the past week
A son was born to Mr.. and Mrs.
Don Moore March 22nd.
Mrs. Cyrus Wells returned to her
home Saturday after two weeks
visit at the home of her brother,
Henry Dillon, at Cushing, Okla
homa
Orville Moore called on H. E..
Bright one evening last week.
The Leon reporter. (Leon, Iowa) 1887-1930, 1920-04-01
Decatur City.

Mrs. o. F. Walker and daughter,
Martha Alice, were visiting in Leon
Mrs. c. X. Cherrington returned
from Leon the first of the week
| where she had been visiting rel
atives.
H. c. Watson and wife were visit
ing friends in Leon the last of the
week.
Miss Quenetta Carroll who is at
| tending school in Leon, spent oatur.
day and Sunday here, the guest of
8. =. Walker was Des Moines
visitor the first of the week. II.
Mrs. F. F.: Young and Mrs. Ruby
Allen were Leon visitors Saturday.
Mrs. Bryan Robbins, of Leon, was
shopping in our city Saturday.
Mrs. E. l.. Armstrong went to
Shannon City Saturday for a visit
with friends.
Mrs: Lew Brown and daughter,
Mrs Thos. Williams, were visiting
in Leon the last Of the week.
Miss Clara Caster and little niece
Anna Viola Biddison, returned to
their home in Leon Saturday after
a visit at the home Of Mr.. and Mrs.
Frank Sears
Robt. Millsap, who lives west OF
town still remains very. sick.
MIS-. Lee was DeS MONIES NlSllOf
the last of the week.
Mrs. T. H. Schenck. of Leon, visit
ed with relatives here the last of the
week
Miss Goldie Woodmansee, who
lives west of town spent Sunday at
the home of her aunt, Mrs. Jones:
Sidney Grayson is still very sick.
Mrs. Sam Covington's sister, from
Oklahoma, is here visiting her.
Mrs. Frank Sears and daughter,
Miss Edith, were Leon visitors Satur-
day.
Mrs. Gus Woodland died at her
home west of town Sunday morn
ing. The funeral being held from
the Christian church Tuesday after
noon at $3.50 o'clock conducted by
Rev. Henry Esch, of GAINESVILLE, Mo.
Interment in the Woodmansee ceme-
terry west of town. The bereaved
ones have the sympathy of all in
their sorrow.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-10-29

Fancy Bath Towels priced special soc,
$1.00, $1.35 and $1.65
Red, Green and Navy Flannel MILDLY
Bouses on sale at reduced prices.
Jersey Satin and Cotton Petticoats on
sale at reduced prices.
Outing and Muslin Gowns on sale at
special prices.
About 1000 Women's and Children's
Sweaters on sale at reduced prices.
Curtain Draperies at special sale prices.
Linen and Mercerized Napkins at spe-
cial prices.
Mems and Ladies' Umbrellas, old price
$3.50, sale price so
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-10-29

the time to supply your needs.
Bath Robe Blankets. ....$6.75 and $7.75
Crib Blankets Is, $3.50 and $2.75
Large size heavy Cotton Blankets,
pair ...........................
Best All Wool Blankets, pair....$1 500
Other Blankets, value $3.50 to $1,000,
at IS per cent. discount.
$500 Bed Sheets. .........................$1.2
1925 Bed heets.....................:... SO
Hemstitched Bed Sheets, us
Bed Spreads, priced special $1.75, $500,
$2.25, $2.75, $3.25 and $4.00
Huck Towels priced special 19c, 29c, 39c
Bath Towels priced special 3ec, 49c, e0c
and 75c
Pillow Cases at reduced prices.
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-10-29

REDUCTION gures-and
close reduction sale here really something Further than that
bought
and these goods will be offered DOUBLE SAVING during
Helping Hand" Sale
world will like actual look
and personal
high This tell that
been much in need Of.
remember
abroad
OF the &c. possibly
The herald and news. [volume] (Newberry S.C.) 1903-1937, 1920-10-29
Needed Things for the Home at
Prices You Can Pay

have probably been getting along with far less than real
need a high prizes @ have Rn o2psd your % % Of shees
need do without them longer The prices listed below
splendid qualities and dependable servceabe goods Now is
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13

school nurses.
5 For facilities for dental inspec-
tions.
q For provisions whereby necessi-
tous children may receive free treat
ment best suited to their needs
Z For a thorough mental eNamina-
tion of all children who fail to progress
normally in school work.
The experience of countries and
communities wherein these measures
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13

| For thorough sanitation of all
buildings used for school purposes.
> For the intelligent supervision of
class rooms to detect and correct con-
ditiens injurious TO the health of the
pupils. as soon as they arise.
3 For the full-time services of med
zeal inspectors qualified to discharge
the sanitary and medical duties of the
school physicians.
1 For the full-time services Of
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13

suffer FROM remediable and prevent
able physical defects which seriously
hamper their physical and mental de
veIopmant Moreover the conditions
under which children assemble in
school. and not the school itself. are
largely responsible for much OF the
sickness contracted during the period
Of school life.
An effective system of health super
vision should provide
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13
HEALTH
OF SCHOOL CHILDREN

Parents the country over should in
terest themselves III making sure that
their children have the advantages that
come from a proper system Of health
sllDervision Of school children.
Studies conducted by the United
States Public Health Service show
that large numbers of school children
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13

are III full force shows that such
program is of incalculable benefit not
only to the individual school child, but
TO the community as a whole.
Has your community adopted such
IA system of health supervision of
school children? If not, why not urge
the matter?
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1920-02-13

| have 10 head of good horses for
sale. all mares. See Nate Hand.