The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1921-01-15
Five Hundred Millions
In Government Revenue
Involved In Two Cases
By DAVID LAWRENCE
Copyright by THE auteU.cc1ce

-
Washington. Jan. lt-Nl calcu'a-
',onS =. - the size oc n" budget needed
- rr!H TIE government. all estimates as
., the amounts that must bc raised for
.lNat.un either by tariff "It'"s or ia
nTUr t,,Ncs may h. upset !c the depart
.1cn' of Just!cH should lose two eases
h.ch h?Nr !u~y b."n argued before
he s1.Tr"iU" c"Vr: oi the United States.
Tho r,"Sf important financial Etica-
.,on in which the government has been
gagged Is n" way officials a; the !c-
'Irt1out -: justice describe the eases
al Il IS estimated that fully $500, hop.-
30 n taNes that .,-raIy have br.a col
'.cted may have 20 hs ..,sn back Ivy
Ne sove-arrrt = ,h,, outcuins Of thu
.,SeS - unfavorab,e.
Rivaiiing j.. :n,r.rt:.?ce the famous
;ock GividCr., cases tNc two biz pr;:.
pies NJ Issue in The pending cases ArN
( tar-rc1chlac 'nnortarC" 20 the bust
"'SS men ot the country HS Will rs t. all
r"rSonS who haS, rAOncy invested N
rust funds.
r,yes+sd capital Casa
, I, ,,
one - hHoNH ~ 'uS INV SSsS" C"p'','!
Use anu NAe "th'E thc CApIt1s 7SS'S"
',''uS "t some al lanes H6, 6rW'n 6no S-""""y
~ >" ,I.'"H uhS NtV'Vru'VuV !" u ~
t"e - 60" :" VStu Sue(SiD'. '"" -
go ~, "N'NN - '"'''."H' ''>>,,,,"','
."u tas governments cairns 'Hat ln'
ne" STOCK - rS"nE pC"hl. l-tu,I ~
eases III 'a'Ue IA'ouEh 4 variety "S
''EuH'S'NhceS az "h'4e III 'h'S SAS'
H'SAE improvements We're mao" ne ''-
EeaSe IN Ea.uc came ABOUT iS IL &C.
- 50 many cases tnrouEh u" increase !
'eni'hu Tor PT""u''S OF 'Ae S"i"
IGere are hUh"rruS % tAouS2i"[ ~
S'ni!aT instances tHr"rSNvht the c"UN-
TH anu ~. a. sou - sue - ~.
'u( on t"S S'h'"-lI T'' SI~ ~"'''''N' a.
en- rms !'"''H,'F "''" o.:''S - -
ct ihr'r "~H INTERESTS; ne IUtSC'"''
""rS!"C ~, go - ., =. ',,S .,.,
,nu 49, 90 - ', r.''r,'.' - 49,
III -, ...'i -, - -. ,+,c, tTr
.,,I-a ~, r,,,,s,,,., ,I a.,bnr renri-c
.n,r - -, r.,.,,.....,. or 1.,y rrI,ncs
- ..,...,. .F,...r.,'..,,,,
- ''9 ''>-' y" ''' ''''.,''
Capital ASsses Case
IN" 9th" 80" lnE".y'~ " 't!h more
Interesting pS.a, 'F'". - = IL 'HHhS To
COn w!ta inc Ey"C~rn est ~ th:-
ago 3HG iN' Nc-'ha"tS 'r"st company
- SeeN'nS I" nave rh..'- 80 i"c H",s>'
Ky o'er<I'heC. M'."""N 4. ""'',: :
"H.'G " oetH NJ - '.r - - H-.. F''''; :rh,,
'@e "c'TS o. ~ -! 'H"T SHf,.'r' ~, ,., -
n"S ,s,"r -, - ~.
-, - 80 So, ~. ,hn ,-,,st
- - -. -. s,iT ,h.
-ac,,-f.i.s 3nL r.,1ySsf H., ,no-r,. tSus
.,,a,r.I rho frmst ronnary ro,tnnds
~ - ,,crcasr cod arnount OF money il
,..y,nly odd;,for 70 rapItai and is nc;
..-rj, IL furrhrr nr.urS that the in
Eiysdna, iarafsrs NAV y,.t ircrca~ed in
nInrs tbrou-h ravno"nts from ;hc fund
our that 9he government taxes those
.1yr,,a1rs by reaching the iadividual
On the other hand. the gove.nmem,
!,.rns ;nat prof, is measured always
ry me difference. I, tween the flrauc,d,
..andlug OF n firm or 4 trust :unGor AT
.ad,v,Gua, AZ one date and the financlal
landing Of tho same =. any .:ltrr daue.
his p-ou, or surplus haS been subject
n a,,arL hafnrr and the government;
oar in fhe stool; d.v:l"od rase. The
.-rson, CnS. - really another way to
-nt around the stock dividend decision
m, s-oyerrmen, has been trying for
ONE time 10 get \, war profits and pre-.
IN, tbri- distribution rs capital stock
Moreover. IL would De a comparatively
aSy matter t. svadr taxation In either
7 the cases outlined above rs FOR tn
.tance X the heirs {" IN estate consent
Il 10 take small payments during tho
ca-s of bi.h tax laws and largcr pay