davidaulloa/AmericanStories huggingface dataset:
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-31
BUSINESS MEN
SAY BRIGHTER
DAYS COMING
See LO0sening of In
dustrial Depres-
siOn's Grip.
ECONOMIES HELP
Banker Notes Revival
in Investment
Activity.
BY HARRY a. RoDNIAN.

Market Editor OF the D.t1lN 4ADcSs
Regardless of the fact that the
country in general has been in the
grip of industrial depression bankers,
brokers and business men in general
all say that they are beginning to see
the light of day" and all believe that
the coming year holds great things in
store for all.
Especially is this optimistic view taken
Of the outlook for Indianapolis, which IS
rapidly becoming the industrial center
of the entire country, and Of the State,
which has for many years stood high
among the industrial states OF the na-
ton.
When asked why he arrived at his op-
timistic view IN the face of pessimism
and distrust on every hand, one banker,
the head Of one OF the largest financial
institutions Of the city and Of the State,
said that q return Of confidence in the
ultimate outcome OF Ehe situation by both
moneyed men and the general public
was his principal lead. Ninety days ago,
he said. people with money to invest
held to It with a vice-lfke grip. but now
they are investing in high grade pre-
ferred stocks and municipal and govern
ment bonds.
CONFIDENCE DRIVES
DOUBTS AWAY.
This Investing Of money, he stated, al
though It does take money from the in
dustries that are badly IN need Of II, Is
better than no investing az all and shows
that at the present time confidence IS
again driving doubts from the minds OF
many.
The head OF one OF the leading broker
age firms IN the city and State said that
never had their Office handled such g
volume OF business in high grade seCur-
tiles and he 100. as did the banker at
tributed this 70 q return Of confidence in
the outlook for the near future.
The interesting Feature OF this extreme
volume Of business, be pointed out was
the fact that the man Of money, who
during the years Of the World War and
even before that. invested his money in
business enterprises, is now investing IN
conservative bonds and stocks. The farm
err who formerly was the heaviest buyer
IF these securities, now has no money
with which TO buy and this, he stated
was the one black spot on the other
wise cheerful outlook.
In an explanation Of the attitude that
tho investor had taken against the indus
tries another business man stated that
This was due to the taxation that is now
being heaped upon the shoulders Of the
man OF means The moueyed man. he
stated. does not care 70 invest ks cap
ital in a business enterprise, which, II il
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-31
The Year 1921
has been one of unusual activity in our construc-
ton department, the following being
some of the more important items:

some OF the more important items:
The construction of a Teu-Milon Gallon reinforced
concrete clear water reservoir.
The installation of more than 10000 feet of cast iron
water mains, and $50 Darling fire hydrants.
The building of two reinforced concrete bridges over
the Canal at ST. Clair Street and at New York
Street.
The building of concrete BATTLE walls in the sedimena-
ton basin at the Filter Plant to replace old wooden
battles
The installation of $500 taps and 600 meters 7F''
The completion of IS we'll pits at the Riverside Pump
ing Station, and the preparation for the installation of
motor driven pumps.
The construction of an experimental filter preliminary
to increasing the capacity of the present publication
plant
The cost of these and other improvements completed
during 1921 will total more than $550,00000.
Indianapolis has shown fine development, and we
have attempted to keep pace with the need for water
plant extensions 1t is firm belief that Indianapolis
will continue to show very satisfactory growth and we
pledge ourselves to make sincere effort to provide
adequate water main and water plant extensions and to
render efficient service.
We deeply appreciave of the excellent spirit of
cooperation evnced by Indianapolis citizens and will do
utmost to merit continuance of the present rea-
tiOns.
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-31

dered taxpayer buried in a mass of pa
pers, his hair askew, his brow wrinkled
and look of utter AFFECTION upon his
face, attempting to Guido the proverbial
philadelphia lawyer" by solving the in
| tricacies of his Nemesis-the income tax
return. And to whom has this poor man
turned for assistance? To the public
accountant, of course!
IMPOSSIBLE TO
EXAGGERATE CASE.
Although the aforesaid cartoonist may
attempt to do so, he could hardly hope
to eXaggerate the complexities of our in
come tax laws, for we have the laws Of
1909, 1913, 1916 (amended in 1910, 1918
and 1921 to deal with. Thousands of
| Treasury Department and court rulings
have so clarified CD and changed the
original laws and regulations that to pre-
pare tax return and assure your eli
ent it is correct, is a serious undertaking.
1t is doubtful whether our Congress
ever has promulgated Il series Of laws
which have met with such opposition, re-
sentiment and even blasphemy as the in
come tax laws, and yet it is my honest
conviction after five years of study and
work in their application, that a more
| equitable basis Of taxation would be diff
cult to fashion. True, the law is com
plicated, bat absolute simplicity would
destroy elasticity and 90 per cent Of the
law is composed of definitions, expIana-
! tionS and provisions tending toward the
equitable apportionment Of necessary rev
enuc.
The income tax laws have accomplished
two things: First the collection Of bill
lions Of dollars essential to the prose
cuti0n of a great war and, secondly the
awakening Of the business world 10 the
fact that proper accounting records are
as vital to a successful commercial en-
terprlse as proper production methods
and good sales force. Thanks 10 the
income tax laws, many a small business
proprietor who formerly recorded HIS
affairs on the back OF an envelope, now
has Il real set Of double-entry, honest to-
goodness books. He had TO have them
10 fiji OUT form 1120A 70S 1909 1895 etc
and comply with the requirements Of
Title 8, Section 213 Subdivision 4, Para
graph I, etc.
Having ayailed himself az the account
ants services in tax matters and thus
having discovered the accountant is not
a mere stoop- shouldered individual who
checks debts ana credits, he is awakened
to the realization That the constructive
service OF presenting facts and figures in
an intelligent maBler is a vital factor in
twentieth century business. Therefore
our much abused Congress which has In
CURED the wrath Of million taxpayers.
has accomplished the greatest advertise
ment ever presented 10 thu professional
/ accountant
Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-12-31

succeeds viii have to pay a large per
cent of its earnings to the Government,
and which, if it fails. viii heap its losses
upon him alone and not upon the Govern
ment.
However, he was Of the opinion that
the Industrial outlook is much better
and that money will soon begin to turn
in that direction.
ECONOMY RESULTS
IN LIQUIDATION.
Farmers, bankers say, are now prac-
ticing economies that they would have
laughed at during the prosperity of the
war period and these economies are en-
abling the farmer to Iiquidate loans at
banks. which viii still in turn throw
more money to weakening industries
Along with the depressing condition
Of the agricultural industry, which by
all is conceded to be the principal draw
back to immediate recovery, is the ques-
ton Of the reduction of freight rates.
Freight rates at the present, business
men complain, are almost prohibitory
and is one of the reasons why the farm
er canot recuperate quickly. This prob
lem, all business men cOncede must be
solved in order to insure a speedy re-
turn to normally. However, in the re-
cent reduction in freight rates on farm
products In the west is seen nation
wide reduction in the near future.
One of the brightest forecasts for the
near future Improvement in local indus
try was the statement Of a leading
banker to the effect that he felt almost
certain that manufacturers Of autOmo-
biles would, in the spring, again resume
operations on something near a normal
scale He said he understood that there
was a return of confidence in the future
of this industry: that money was being
diverted to it, and that manufacturers
here were only waiting for the annual
automobile shows at New York and Chi
ago. The decrease In interest rates has
also improved the outlook of the automo-
bile industry.
The large issues of municipal bonds,
which are being made by municipalities
for the carrying ont of long needed i'm
prOvements and new work and which
are being taken by the investing public
rs soon as they are issued. it is thought.
viii to a great extent reduce tho uuem-
ployment situation. And the return Of
the labOrers to work and the skilled
workman TO his trade viii in turn place
money in circulation which. ought 20
aid greatly IN the relief of overprOduc-
ton
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
United States
Was Influential
90 NEwToN c. PARKEl

STAFF CORRESPONDENT T. N. sERvicEl
PARIS. May 1.-THE French gov
eminent is extremely satisfied with Ger
rany's acceptance Of the upltimatum.
thus avoiding military occupation Of the
Ruhr' said an official statement issued
az the foreign Office today.
At the same time Germany assures
France of the right TO occupy the Ruhr
in the future # the Germans balk. Tho
government fels that Geruany's action
IN a large part. resulted from the con-
viction that the rest of the world was
convinced of her ability to pay.
France is particularly gratifed at
tho position taken by the United States
towards the reparations question This
was undoubtedly big influence in de
Gliding Germany to accept the ultimat-
UNI"
France continued her military prepar-
atoms for the occupation Of tho Ruhr up
10 the last minute and all was in read
mess today for forward movement by
the Allied troops tomorrow II Germany
cepted the ultimatum,
President Millerand presided at an e1-
traordiuary session of the Ministerial
Council during the morning to consider
application Of the indemnity DECISIONS
.upon Germany to insure payment. Those
attending the session were Premier
BRAND. Marshal Foch. General Wey-
Eand and the Ministers Of Finance, War.
Marine and Liberated Regions
German disarmament was first dis
cussed, then reparations. details Of the
decisions were withheld pending official
word from Berlin that Germany had &C
cepted the pItimatum-
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
GERMANY
PLEDGES HER
RESOURCES
Accepts Ultimatum Without
Any Reservations
Whatever.
tBY FRANK CHARLTON

STAFF CORRESPONDENT 7. n. sERVIcEl
NEW YORK. May 11.-Acceptance OF
The Allies ultimatum by Germany, that
pledges the German National Honor and
all Of the material resources Of the con-
federated German states TO pay the war
bill. Is the most momentous event in in
ternationsI history in recent years. 1t
is. IN effect. re-affirmation Of the treaty
OF Versailles. for Germany not only
promises TO pay IN fun the reparattons
demanded by the Allied poyers. but al
so 70 meet obligations under the treaty
that have SO far been evaded.
Under the terms Of the ultimatum
Germany's war-making powers are taxi
en- from her. She win be left with
nothing hut police force, her war Gull
prits Will be punished and for more than
quarter Of century VIII have 10 pay
a colossal indemnity.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
NEW STORES FOR
EAST CHICAGO

The Kramer Department store IS an
other new Institution for East Chi
cago. The first Of the Kramer Depart
meut stores was established in Indiana
Harbor and is doing a fourishing bust
ness on Cedar street. BIT. Kramer, who
r. a thoroughly seasoned business man.
formerly OF Chicago. saw possibilities
Of a chain OF department stores in the
Calumet region, and now has three
stores in operation IN this territory
The newest store. which Will be To-
Gated on Chicago avenue. near Tod, and
next To the American Drug company's
store, will have its grand opening
Thursday and have inaugurated a great
sale to start off with
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
SUES FOR DIVORCE

Charging that her husband Vol
ciek Nalepa struck and beat hcr and
used obscene. profane and ncentioas
language in addressing her. Mrs. Agnes
Nalepa today filed her complaint for
divorce in the Hammond superior
court. Mrs. Nalepa now lives at Wa
bash avenue Hammond. They We're
married June 3. 1918, and separated
Nov. 8, 1919. They have three chill
dreu. Mrs. Nalepa asks for the Gus
tody OF the children. $40 week for
their support and $4,000 alimony. L.
l. Modjeska is her attorney
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
AT THE DE LUKE

Did YOU ever associate a certain
perfume with certain person. so that
a Whit OF the perfume would remind
YOU OF them, even though they them
selves might not be present?
1t is such a situation that gives the
title 'Hehotrope" to the new photo
play coming to the De Luxe theater
today Thursday and Friday The cen-
trial figure l. a convict-a alifer"--who
before the days Of his Imprisonment
was known Heliotrope Harry. from
his fondness for wearing sprig 81
heliotrope in his coat lapel and from
the aroma Of heHotrope cologne that
always marked hts presence.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
French Governor
Is Notified
tBY WILLIAM CooK

TsTAFF CORRESPONDENT :. NJ sERVIcE7
DUSSELDORF, May II. C1:O0 A. mo
Germany accepts the Allied ultimat-
um unressrvedly." was the long distance
telephone message flashed here from
Berlin this morning The Governor of
the 'Ruhr Provisional Government"
called upon General Hennocque Com
rnander Of the French troops I'm Dussel-
dorf at 1900 o'clock and Informed the
French Commander that he had been in
telephone communication with Berlin
ard had been notified formally Of the &C
ceptance-
The news quickly spread throughout
the city, the people showed their pleas
ure and hope was expressed that the
Allied troops VIII soon evacuate this
city as we'll as Duisburg and Ruhrort-
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
Chicagoans Charged
With Speeding

Mayer Werner. 1923 West F1fty-
Eighth street. and Pat ODay. who
resides at 1911 Of the same street.
Chicago, were arraigned in the Ham
mond city court this morning. charged
with speeding The two men were
driving a pair * trick Fords, which re-
sembled Roamers. according to their
own admission. Judge KIotz fined them
SIS apiece. William yargo. Cameron
street, Hammond. was brought before
the court. charged with being drunk
He pleaded guilty and paid a fine Of
S1T
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
WHITING
and its
PEOPLE

Mothers Day was observed At the
church. Miss Thorp Of
Whiting gave a special reading on
Mother" at the morning services. A
program was given In the evening and
special song in memory Of motherg was
sung by the mons choir to a large
audience.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
HOSPITALS
OPEN HOUSE

st. Margaret's hospital In Hammond
Will hold open house tomorrow to PEG
pie or the Calumet region. The day
which Is the birthday Of Florence
Nightingale. will be observed all over
the United States as national hospital
day The public Is invited to make
use of this opportunity to visit the
institution and get an Idea OF how the
place IS conducted.
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
AT THE PARTHENON

The Mistress Of shenstone." the
latesr Robertston-Cole super-special
starring Pauline Frederick. is as artis-
tic as fl is dramatic. Adapted from
the famous novel of the same name
by Florence Barclay. who is also the
author of THE Rosary" and sThrous d
the Postern Gate" the story, which rs
iaid ON large English estate and "a
quaint little seaside resort was
mounted ia "A most lavish manner
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11
SAD NEWS FROM
MICHIGAN

The many friends OF william Nc
Even. formerly Or Hammond now To-
Gated at Plainville. Mich. viii be
grieved to learn that ne is IN a hos
pital at Kalamazoo. Mich. on account
OF blood poisoning. 1t became neces-
sary to amputate the right arm yester-
day in vain effort TO save his life
The reports this morning are that
there is no hopes and he is sinking
auill y
The Lake County times. [volume] (Hammond, Ind.) 1906-1933, 1921-05-11

Hhe picture opens at the Parthenon
theater on sunday. only.
Miss Frederick viii prove an object
OF interest to fashion-loving women
tand the men. too, for that matter. for
who says the sterner sex do not like
70 see the fair arrayed in wondrous
garmentsD for she wears a bewilder-
Ing array Of beautiful gowns and
wraps.
Arizona republican., 1921-06-28

FOR SALE-l6 inch indirect light ing fixtures, complete sS5o; three light chain fixtures, $9.50; one-light chain fixture, $2.75; pendant drops or extensions, $1-25; repair work called for and delivered at prices lower than the lowest Vim. Baird electrical contractor. No 20 E. Monroe Phone S510. If
Arizona republican., 1921-06-28

SEVERAL used National cash registers, both large and small, sev- eral like new, with or without tape. and at prices that are big saving. Register Sales Co.,. 327 W. Adams St Phone 30S7. dp
Arizona republican., 1921-06-28
$500

Two acres Broom house, restricted $500 cash, balance easy. By owner. F. Jackson and 22nd St. dr
Arizona republican., 1921-06-28
{ FOR sALE-MIscELLANiEous

FOR SALE at a bargain-A No. 4 Underwood typewriter used very ht- tie. Call at 107 North Second ave.
 dr
Arizona republican., 1921-06-28
several fine one to five-acre home

Wanted listings on small acreage ranch property priced right.
Arizona republican., 1921-06-28
J. B. Guess
Auctioneer.
Auction Tuesday,

JUNE 28, 1:30 P. M.
 On Lateral IS, 1 mile north and mile west of A1hambra store.s
 Having leased my ranch. will sell to the highest bidder 3 Holstein and Jersey cows, horses, and 5 years old, laying hens and chicks. mower, ? harrows, blows, border disc. heavy wagon, 12x14 tent, 5000 or 1000 feet of lumber. Is tons alfalfa. household goods and numerous other goods.
 TERMS-$25 and under cash; over that amount, 12 months on approved 10 per cent note; per cent discount for cash.
 MARTIN H. ANDERSON. Owner. MASONER, STUMPF,
 Auctioneer. Clerk. dp
Arizona republican., 1921-06-28
FoR eALE-REAL EsTATE.
Bargain: Choice Lot

s3 W. McDoweIl.. 621zx157. side walks in. be paved soon. William son. Phone 70s. Nights 1862. dp
Arizona republican., 1921-06-28

Contract paper. 5000, gilt edge, for Ford truck; stake body, and Ford 4o..rtpo
Arizona republican., 1921-06-28

MONEY 10 loan on well improved city property. F E PascoeL 10 West Van Burea street U
Arizona republican., 1921-06-28

DRY mesquite wood, S4.5O our yard or s5.25 delivered Phone l2SH5. If
 WE BUY. sell, exchange furniture tools. wagons, most anything useful O. K Exchange. 14th St. and Van Buren. Phone SG29 If
 FOR SALE-Thoroughb female Persian cat end kittens. cheap. s2s N. Ninth Ave. 4 dp
The Bozeman courier., 1921-12-07

Faith, she's going," says Paddy
but she'll never get back"
Mrs. James Gee, of Reece Creek,
came down last Sunday to be with
her mother, Mrs. Hankinson.
Mr.. Walter Archer was busy last
week pitting his potatoes. They were
slowly being pitted by the neighbors.
They have already pitted ten sacks;
hence the rush.
Boost.
Boost your city, boost your friend;
Boost the lodge that you attend.
Boost the street on which you're
dwelling;
Boost the goods that you are selling.
Boost the people round about you;
They can get along without you.
But success will quickly find them
If they know that you're behind them.
Boost for every forward movement;
Boost for every new improvement.
Boost the man for whom you labor;
Boost the stranger and his neighbor.
Cease to be a chronic knocker;
Cease to be a progress blocker.
If you'd make your city better,
Boost it to the very letter.
Mrs. Jacob Miller and Leon Bal
lentyne won first prizes given by the
Farm Bureau dance Thanksgiving
night.
Mrs. M. B. Richards made a trip
to Butte last Wednesday to spend
Thanksgiving with relatives.
Word was received here last week
that Mr.. Richard Reece and Mrs. Mar
tha Shone were quietly married at
Butte. Mrs. Shone is a sister of
Mrs. James Hankinson.
Miss Lila Sacre, of Harrison, was
the guest of Miss Edras Smith last
Wednesday.
December 1, 2 and rule the three
succeeding months. This will give
the public an idea of what kind of
weather we will have December, jan
uary and February.
Mrs. Earl Davis was taken to the
Three Forks hospital last Friday to
be operated on for appendicitis.
Mrs. Eta Price went to Twin
Bridges last Friday to visit with her
daughter, Mrs. Joe Marshall.
Quite an interest has been taken in
the suggestion of name suitable for
cake, for advertising purposes, for
the Royal Baking Powder Company
Over Sc suggestions were sent from
Willow Greek.
The Bozeman courier., 1921-12-07

Mrs. E. B. Cheney has been con-
fined to her home with a very Sc
we're cold.
Mrs. H. S. Cloninger entertained
Mr.. and Mrs. B. C. Sloan and Mrs.
] M. Beck at dinner Sunday.
Carroll Willmore returned from
Niger Hollow Friday. He reports
the roads very bad.
BOzeman visitors this week were
Mrs. J. P Rash, Mr.. and Mrs. Carroll
Willmore and William Willmore.
Dick Young and family and Ed.
Dean and family took Sunday dinner
with Mr. and Mrs. Carroll Willmore.
w. S. Rash and family spent Sun
day with the ]. D. Abercrombie
family.
w. B. Coldly will have charge of
the lunch at the literary next Friday
evening.
Spencer Smith loaded out a car of
hay Saturday. Several cars of oats
were shipped from Central Park this
week.
Guy Oman returned from Helena
last week, where ne had taken his lit
tie daughter Gladys for medical treat
ment.
Harold Cheney, Tom Cox and Will
lam COlddly are hauling wheat from
the Cheney ranch at Horseshoe Hills
this week.
Bernard Walters left Tuesday for
LAUREL Montana, to visit his father.
He expects to spend the winter with
his grandmother in the east.
The school children are very proud
Of their sale of Christmas seals. Lit
tie Grace Cheney won the prize for
selling the most, with Melvin Adam
son close second.
A large crowd attended the liter
airy Friday night. The little play
given by the school children was
much enjoyed. Committees appointed
by the president, j. D. Abercrombie,
will meet at the school house Wed
nesday evening to perfect their plans
for community Christmas tree.
The Bozeman courier., 1921-12-07

Ole Omna was busy last week
hauling wheat to Bozeman from his
ranch.
Mrs. c. D. Pease spent a few days
IN Bozeman last week looking after
business.
Mrs. Nellie Craig and son LLOYD
were dinner guests Sunday of Mr..
and Mrs. Alex. Swanson.
A large number of young people
from BOzeman spent Sunday at the
fish hatchery, cOasting and skating.
Miss Julia Foreman spent last
week in Bozeman, a guest of her cou-
sin, Miss Myrtle Suverley.
Local Forester Ed. Foreman spent
several days in Bozeman last week.
getting out the grazing reports for
the local forest reserve.
Mr.. and Mrs. E. R. Kay and Mrs.
J. Rowe and son were guests We'd
nesday of Mrs. Nellie Craig at her
home.