davidaulloa/AmericanStories huggingface dataset:
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
SECRETARY OF TREASURY WANTS MORE
TAX LAW REVISION REDUCING SURTAX
Also Desires Prompt Action Regarding Foreign Loans and Further
Postponement of tho Soldiers Bonus Bill

Washington, Dec. Further re
vision Of the tax laws. with reduc
tion OF the miximum surtax rates tt
20 or 25 per cent and adjustment o
the rates on business profits and es
tates. is suggested by Secretary Mel
ion in his first annual report, trans
mitted today to Congress.
The treasury secretary also an
nounces that the treasury's policy
with respect to deferement Of the sol
diers' bonus is unchanged, and urges
prompt funding of the ten billion dol
lars Of foreign loans as "one OF the
outstanding needs of the present
economic situation"
Mr.. Mellon also informs Congress
that the. maturity within the next six
months of 675,0o0,000 of the short
dated debt makes 1t imperative that
the government pursue policy. OF the
utmost economy and avoid new un-
dertakings that would throw addi-
tional burdens on the treasury and
embarras the funding operations
with respect to the floating debt.
Revenue revision is the subject
upon which the secretary lays the
most Stress He says the changes In
the tax laws voted by Congress- last
month"; give substantial relief to
business and industry. and restore In
some measure the freedom of business
transactions, but our system of tax.
alton still requires careful and
thoughtful consideration. He ther
proceeds to say that if the loss ol
revenue resulting from the reductions
in surtax and other rates suggested
cannot be made up by placing "rigid
economy in expenditures it can b.
met either by placing tax on GER
tain specific articles, or by low rate
general tax on a broad class of ar
ticles or transactions"
at is of vital Importance" Mr.. Mel
lon declares, that adjustment b.
made in our scheme Of taxation
whereby the burden will not fall un
duly, either directly or indirectly
upon any particular class, and at thi
same time will not seriously interfer,
with productive industry and the gaR
eral prosperity Of the country.
| 1T would not seem either Wise o.
| necessary to change from our presen
4 system OF taxation to new and aatfiAl
.||
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
BUSINESS GETS
BETTER AS YEAR
DRAWS TO END
Department Of Commerce Reports
Improved Conditions for
Month of October

Washington, Dec. 7,--Continued i'm
provement in business conditions in
October reflected notably in increased
output OF iron and steel and textile
products and also a widespread slim
ulation in building and its related in
dustries, was reported by the Depart
ment of Commerce today in it's Sur
vey OF Current Business" While
prices continued to decline slightly
during October, the survey showed,
the relative stability of prices as COM
pared with preceding months and the
improved bank condition as evidenced
by smaller loans and lower interest
rate, were cited as conditions favor
able to continued business improve
ment.
With the exception of metals the
quantitive production in the impor
tant industries was shown by the sur
vey to be equal or greater than the
before-the-war average Of 1918, many
lines, including pig iron and cotton
and tobacco manufacturers showing
an increase of about one-third over
the minimum production of the cur
rent year An increase of 70 per cent
over the minimum was reported in
the production of bituminous coal
while the output of wheat flour
ccement and wool products was
shown to have been approximately
double the minimum figures
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

'lans. BY retaining the income tax
n peace times ultimately should not
Use above ten per cent, tax payers
would still be required to contribute
proportion to their ability to pay;
while the placing OF certain amount
If tax on specific articles, or classes
If articles, or transactions, at so low
ate that they could readily be borne
without injury, the income tax could
DO materially. simplified, the tax laws
could he more readily administered
and at the same time the needed
revenues would be raised without the
evil effects now resulting from the
present excessive rates of taxation"
Mr.. Mellon informs congress that
he amount of revenue involved in the
suggested reduction of rates, "is not
nearly as great as is generally sup
posed"
ITO reduce the surtax rates to a
maximum of 25 per cent and gradu-
ating the reductions through all the
brackets" he says, would mean an
apparent loss of about $130.000,0 900 in
IoT0iu0. n ~ pei liiClt hudAiAhuhA AobS
on the same basis would involve a
revenue loss OF about 100000, 900
Other adjustments which should be
made would probably involve an
amount equal to that made in the sur
tax rates. The loss of revenue, how
ever, would not be permanent, for the
reduced rates would ultimately be
productive of more revenue than
higher rates, due to the increase in
taxable transactions"
Reiterating arguments that the ef-
feet of high surtax rates is to keer
new capital out of productive enter
prises, and to prevent normal bust
ness transactions with the result that
natural industrial development is re-
tarded, Mr.. Mellon adds;
"The idea seems to be prevalent
that In taxing large incomes, only the
person receiving the income, and who
is to pay the tax is really concerned
This is mistake. For whatever thu
government takes, in the way Of tax
ont OF any income. which would
Otherwise be saved and invested, ant
| thereby become q part Of the capita
| ana wealth OF the nation, Affects no
| - nuch the individual frgmrwhom \
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
NEW LANDED GENTRY
SUPPLANTING THE OLD
AS RESULT OF THE WAR

London. Dec. THE advent of a
new LANDED gentry" in England since
the war is made plain by "Burke's."
an annual work of reference on that
subject which has reappeared after a
break of seven years.
Over 100 names of old landowners
have disappeared since the last edi-
tion, and their places have been taken
by double that number of newcomers.
In the preface, the editor remarks:
Much as the passing of old families
from the land, or the dimimution OF
their holdings. is to be regretted, the
rise Of new class of landed gentry,
possessed of means enabling them to
develop estates which had become i'm
poverished through the misfortunes OF
their previous owners, cannot be with.
out benefit to the country" W
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
KING GEORFE TO CALL SPECIAL SESSION PARLIAMENT
WEDNESDAY TO SANCTION IRISH PEACE AGREEMENT
APPROVAL OF THE Dali EIREANN
TAKEN FOR GRANTED BY LONDON
PARLIAMENT WILL BE FAVORABLE
FAKE PICTURES FLOOD
UNITED STATES MARKETS

New York, Dec. 7.-(By the AS
sociated Press.)-Hard times in
Europe have resulted in the dump
ing of "literally thousands" of oil
paintings and other works of art
into the American market, the
majority of which have proved to
be fakes or copies of master
pieces, in the opinion of Gustavus
T. Kirby, of the American Art
Gallery.
Many of these "originals" were
thought genuine by their Euro
pean owners who had inherited
them and had never had occasion
to examine them until the war
took away their wealth. Most of
them have been surprised when
the fact that they were fakes or
copies has been discovered by
customs officials upon arrivals in
this country.
Many of these paintings have
hung on the ancestral walls in
European homes for centuries and
have been considered by success
sive generations as originals.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
ONLY THIRTEEN
BODIES OF BLAST
VICTIMS FOUNL
Hundred Lives Lost In Dynamit
Explosion At Factory In
Rhenish Prussia

Berlin. Dec. 7-(By the Associatet
Press.l-The bodies of only IL of tn
more than 100 persons killed in tn.
explosion yesterday at the Nobel D.
Mantle Works at Saarlouis, Rhenisl
Prussia, have been recovered, accord
ing to the latest reports received
here.
The number OF injured has not beef
ascertained.
The explosion, which occurred ii
an oil tank. destroyed the greater
part of the factory. Houses in tho
neighborhood suffered badly, roofs be
ing blown off and walls collapsing
Fire which started in the ruins spreaC
to the surrounding forests
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
MEATSTRIKE
GETS SERIOUS
ON THIRD DAY
Four Hundred Guards
men ;Patrolling Streets
of St. Paul-Mayor OF
Kansas City Drives
Picketers From Street.
Riots At Fort Worth
Arouse Police

Chicago. Dec. 1.-(By the Associate
ed Press.) THE strike of union pack
ing house employees in the larger cen
ters outside of Chicago took on more
serious proportions today as the thirt
day of the strike began.
Union leaders insist that the strike
is 100 per cent effective, while the
packers, although admitting work is
hampered in some quarters, say that
production has been slightly affected
Four hundred national guardsmer
patrolled the South st. Paul packins
mouse district today, having been or.
dered out after Adjutant Genera
Rhinow said the pickets at the Ar
mour packing house failed to kee!
their promise to permit emp Dyes L
enter the plant.
Mayor Burton, of Kansas City, or.
dered all pickets off the stree s. say
ing they would not only lie arreste,
at the yards, but anywhere on the
streets. in accordance with the Kan
sas law forbidding pcketing
Greater efforts will be made by tn,
police in Fort Worth, Texas, today t,
control the situation, following tn,
serouS wounding yesterday of three
men. Two strikers were shot by !.
negro when they attempted to sto.
him from boarding car and tn;
negro was beaten by crowd.
Little disorder was reported fror
the strike in Omaha, and no change il
conditions has been reported fror
Eas: St. Louis. H., or St JOSEPH
Mo, but many additional emp.oye
remained away from the Chicagl
'ants Tuesday.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
GAME ASSOCIATION
TO EXTEND ACTIVITY
TO FISH PROTECTION

Tho Polk County Game Protective
Association, which was organized es
pecially for the protection Of small
game from illicit hunting, has found
SO much interest in fish protection
especially in the Winter Haven dis
trict, that it has decided to amend the
constitution so as to provide also for
fish protection.
The association has met with splen-
did interest from the first and is we'll
organized throughout the county.
The next meeting will he he'd Wed
nesday, December II, at Winter Ha-
ven.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
ANOTHER CONFEDERATE DEAD

Winter Garden, Dec. Another
officer of the Confederate army, Ma
jor Jesse NJ. Sims. 81 years old, died
here last week after a brief illness.
Major Sims enlisted in the Southern
army as private and had risen to
the rank of major when the war
andpd
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
METHODIST coNFERENcE

Orlando. Dec. 7.-The. Methodist
conference opened here this morning
with Bishop Warren Gambler presld-
ing. The morning session was devot-
ed to addresses by local and visiting
speakers, with a business session
scheduled for the afternoon. Gambler
In hls opening address urged all
members to support the church and
lie work 10 the limit financially.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
OPERATED IN FLORIDA

st. Louis, Dec. 7.-Herbert c. Cam
lon, president of the accounting firm
Of Glrafdln-Fink-camlen, with head.
Iuarters here, was indicted here to.
lay on a charge Of grand larceny and
smbezxlement, Il was announced to.
lay by the circuit attorney. The firm
1as branch offices In Jacksonville,
Tampa, and other cities throughout
tho country.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
TO PROBE ELECTRICAL UNION

TO PROBE ELECTRICAL UNION
New York, Dec. 7.-SamueI Unter.
myer, counsel to the Lockwood legIs-
latlve committee Investigating hous-
Ing, announced today he had request.
ed eonvenIne of an extraordinary
grand jury to consider evidence
against officials of Electrical Work
ere Union No. 8. indicating connie
sIon of grand larceny and conspiracy
to extort money from non-unlon work
ers.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

is taken as it does the whole people
Of he country, in the direct loss
of productive capital.
After all. the wealth of the coun-
try, upon which all the activities and
the prosperity of our people depends.
is made up of the private property Of
the Individual citizens--of all the
people-And anything that unneces-
sarily takes away from the aceumu-
lated property necessarily in1uFiously
affects the people as . wholesp
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
FORMER GRAND VIZIER
SHOT BY AN ARMENIAN

Rome. Dec. THE assassination Of
the former Turkish Grand vizier, Said
Ali Pasha, who was shot dead yester-
day on the street here, is believed by
his secretary, who was with him at
the time, to have been an Armenian.
The assassin is still at large
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
AUSTRIAN SURGEON LEAVES

AUSTRIAN SURGEON LEAVES
New York, Dec. 7.-Dr. Adoiph Lo-
renz, eminent Austrian physician, an.
nounced today that in view Of oppo-
sitlon to his professional activities In
this country from the medical profess
sion, he would. discontinue further
free clinics and return to Vienna as
soon as possible.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
BAPTIST CONVENTION

Miami, Dec. 7.-The morning ses-
sion of the Florida Baptist eonven-
tIon here today was devoted largely
to reports and various activities Of
church work. Everything is lndica-
tive Of the excellent growth of the
Baptist denomination in the state.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
should live to SEQ day OF such abject
humiliation for Great Rritainn

should live to SEQ day OF such abject
humiliation for Great Britain"
Irish Press Jugilant
Dublin. Dec.-The Irish Indepen-
dent is enthusiastic over the peace
agreement. 1t says that when the
terms are ratified, as they doubtless
will be, all estrangement and bitter
ness between Great Britain and Ire
land will he forgotten and they will
prosper side by side.
Reason triumphed over force"
says the Cork Examiner; might bent
the knee to right and justice, founded
on good will, seems destined to come
into It's own. The sacrifices and de-
termination Of Irishmen who loved
their country and sought her liberty
are to be rewarded"
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
CRAIG KEEPS SILENT

Belfast, Dec. 7.-Sir James Craig,
the Ulster premier, told the Ulster
parliament today that he did not
think 1t expedient to mako any state
mont regarding the details of the new
Irish proposals, as there were am
blguities here and there in the docu-
ment.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
Last Minute Briefs
NEGRO SHOOTS FARMER

NEGHO SHOOTS FARMER
Thompson, Ga, Dec. 7-August
Reese, so, farmer of McDuffe coun.
ty, was shot and instantly killed at
his home seven miles northeast of
this place late Tuesday afternoon by
Claude Dunn, negro ex-convlct who
escaped after the shooting.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

Madrid, Dec. IA number Of ar
rests for the distribution of seditlous
pamphlets were made In Turin, It was
announced today.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

A Few rork Judge declared q play
detrimental to public morals but let
It rtps . week longer out OF consider
ALTON Eer tie box once. IS 4.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
WoMAN's BODY FOUND

O"7NrN . 1OI OOIND
LaWranceburg, Ind, Dec. 1.-THE
uncIothed torso Of woman was cast
ashore by the high waters of the
Ohio river at this city today. Whether
tho head, arms and legs had been
gashed from the trunk or severed by
the action Of the water Is the subject
Of medical investigation.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

The 1000 motor clubs executives
In Detroit will suggest that all iAotof-
lists be allowed to carry wapons ab b.
safeguard against the rapidly incfe1e
ing automobile bandits. ~
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07
REVOLUTION
SUCCEEDS In
GUATEMALA
President Herrera Over
thrown In Battle In
Which Three Persons
Were Killed = Provis-
.ional Government In
Charge Cabinet Off
GERS In Prison

Guatemala City, Guatemala, Dec Z
-(By the Associated Press. THE
government of President Carlos Her
rera was overthrown at midnight last
nigh. after fighting in which three
persons were killed and several
wounded.
The president surrendered his
powers to provisional government
headed by Gen. Jose Maria Lima,
General Orellana and Miguel Larrave,
former under secretary of war.
The provisional government is said
to have imprisoned Foreign Ministe"
Luis Auirre; Finance Minister En-
lilo Escamilla; Vice President Ze-
laya; the president of congress,
Rafale Pinol. and various members
of the Unionist party.
The casualties came as result of
the resistance of the Unionis.s by the
city police. The city was tranquil to-
day.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

Carlos Herrera became provisional
president Of Guatamala after the rev.
olution In April. 1920, in which the
government of Estrada Cabrera was
over thrown. Herrera's government
was recognized by Francs and the
United States three months later and
In September Of the same year he was
regularly elected as president for a
term OF six years.
The Lakeland evening telegram. (Lakeland, Fla.) 1911-1922, 1921-12-07

Fair and warmer tonight.
Thursday cloudy.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23
Hitchcock's Bank of Nations

Establishment in New York of an
international banking institution, to be
known as 1.-The Bank of Nations with
$2,OOOOOO,0OO capital, to act as the Ms
cal agent Of the United States and SUCH
other governments as might be admit
ted as stockholders, is proposed in
bill introduced by Senator Hitchcock
of Nebraska. Subscription by the
treasury department to enough STOCK
to control the bank is proposed, ana
the measure would provide that S9Oo--
100000 of stock could be sold to "solv-
ent governments" admitted to partici-
patton under treaties or trade agree
ments negotiated by the president.
1.-The resources and facilities of
the Bank of Nations shall be used to
promote international credit and to
stabilize international exchange" the
bill SAYS The bank would have power
TO lend money, deal in securities, and
issue notes and currency with 81 per
cent reserve. The bill was referred
without discussion to the banking com
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23

SATURDAY, JULY %, 1921.
THE BLUE SKY 100
INVESTMENT FRAUDS

Secretary of State L. L. Emmer-
son announces that in the two years
ending June 10, $9S,038,437 worth
of securities considered doubtful or
fraudulent under the Illinois blue
sky" law were denied qualification
and withheld from sale in the state.
The figures are contained in re-
port to the administration on the OPP
Grafton of the "blue-sky'' law for this
period.
A total of S31,212 ,O27 worth of Sc
curities was denied qualification in
192O-1921, as compared with $66,917,-
40 during 1919-192O.
In addition to nearly $100,000,000 of
securities rejected, $19,868,982 worth
of securities in cases filed have been
placed in escrow during the two
years. These securities are of a
class which represents intangibles
and are placed in escrow to prevent
their being sold for cash until the Sc
curities have become valuable or
proven their worth. In the event OF
dissolution or failure of a corporation
the securities in escrow do not par
ticipate in the assets until the securi
sold for cash are paid at par.
Securities qualified under the securi
ties act by the secretary of states of
fee during the year 1920-1921 amount
ed to s36O,711,42 as compared with
- S355,458,935 during 1919-1920.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23
YOU CANNOT SLEEP?

1t cannot be denied that in such
hot summer which all signs promise
us this year it is a hard task to keep
well. The vital depression caused by
strenuous work becomes much worse
by the hot weather. You cannot sleep,
you lie awake half the night, and in
the morning you are tired and weak
But if you attend to your bowels regu-
larly. you exclude one of the most i'm
portant predisposing factors. There
fore you must take Timers Bitter
wine, which will give you a healthy
sleep and tone up the entire organism.
Other remedies which are very helpful
in summer are Timers Antiputrin Ca
highly efficient gargle- for throat in
Examinations and an excellent cleanser
of wounds) and Timers Liniment,
which relieves lumbago and neuralgia
pains as does no other preparation
and which is invaluable for tired feet
When you buy Timers Bitter Wine
tell your druggist or dealer in medi
cines that you will accept only orig
inal, genuine Timers Bitter Wine!
Advertisement.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23
Australia and the Japanese

"When one comes to the alleged
cause of disputes and of difficulties be-
tween Japan and America, those diff
ferences appear to be trivial compared
with the tremendous evil which war
would inf1ict upon both nations" says
Prime Minister William NJ. Hughes of
Australia
"What do the Japanese want?
They want to hold land in America
and the right to enter the United
States. Our attitude is very much like
that of the people of the western states
of America towards Japan. First let
me say, speaking now as 1 believe as
the spokesman of Australia upon this
matter, that we desire above all things
to live in peace and friendship with
Japan.
1T is utterly wrong for the Jap
aneSe people to think that because
we have passed certain laws we re-
gard them as our interiors. We do
not. We admire their bravery and
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23

Peter L. Evans, President Of the
Home Bank and Trust Company at
Milwaukee and Ashland Avenues is
respected by all who know him. He
is the right man in the right place.
William E. ReimerS, general man
ager of the Palmer House, is one of
the most popular and efficient hotel
men in the country. The patrons of
the Palmer swear by him.
Messengers restaurants which can
be found all over the city are very
popular with everybody. They are
clean, wholesome, sanitary and bright
The food is Of the best quality and
the service is excellent.
George L. Schein would make a
good judge of the Superior Court.
Charles Molitor, a recognized leader
In the machinery trade, Is one Of Chi
cago's leading and most reliable bust
ness men. His name is honored
wherever ne is known.
%
Fred w. Upham is always ON hand
when Chicago wants him, whether 1t
Is to bring a national convention to
the city, or to win anything big for
the town, Upham Is always the leader
In the movement.
william II. Lyman, the popular Tor
msr senator and alderman, 10 ut tia
head OF the big public contracting
arm of W. II. Lyman & Co.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1921-07-23
Mitchell on Safer Aviation

Brig. Gen. William Mitchell. as
sistant chief of the army air service,
is full of plans to make flying safer.
He urges, in addition to a number of
mechanical devices, the necessity of
mapping out recognized air routes.
provided with sufficient landing sta
lions and repair and supply depots
Extending along these routes would
be a highly specialized system of radio
information through which the await
or could learn of varying weather con-
ditions. and thus avoid perilOus storms.
'Airways properly mapped and
equipped with wireless stations would
make flying safe and practical" he
says.
1T is fully as essential to have a
complete air map of the country as il
is to have maps of railway systems
and automobile routes for land trav-
elers. Up to this time only about 40
per cent of the country has been
mapped, and it will take three years
TO complete the survey"
yocate of a department of aerOnautics.