davidaulloa/AmericanStories huggingface dataset:
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13
TAx-ExENIPT BONDS.

There has been manifested in con-
gress much regret that there are so
many tax-exempt securities, enabling
large incomes to escape all taxes by
investing in them. The secretary of
the treasury estimates the amount to
be around 100000 900, but says
that the exact figures are difficult to
obtain and that much higher esti-
mates are made. Some of these are
up to 1S.O0O.OOO,OOO.
A bill has been introduced to forbid
further issue of tax-exempt securities,
but this, to be effectual. would require
constitutional amendment. Such
amendment would need the legislative
approval of thirty-seven states, and it
is difficult to believe that this could
be obtained. 1t is not reasonable to
suppose that the states would be will
ing to give up the privilege of issuing
the tax-exempt securities, by means of
which they can now obtain large
amounts of money at comparatively
low rates. Any little cross-road town
that comes into the market has its
bonds snapped up now as soon as is
sued. The congressman who favor
cutting off this privilege probably
would find themselves boycotted by
their constituents. At any rate, it
would require several years before
such an amendment could be put
thru.
OF course, if such a provision were
passed, it would stop, to some extent,
the flow OF capital into tax-exempt
securities, and might enable the gov
eminent more readily to collect the
heavy snrtaxes. But even then cap
ital would find some other way of
avoiding the injustices foisted upon it
by an oppressive tax. 1t is, in fact
doing so now. Secretary Mellon says:
such securities constitute only one of
the many ways tina can be and are
availed to avoid such taxation"
There would be no reason to bother
about the matter if, by a simple act,
the surfaces were cut out of the reve-
nue. bill.
President Harding also is worried
over the non-taxable quality of GER
tain securities. A good many others
share this feeling. But practically
the only non-taxables are bonds of
municipalities or the general govern
ment.
1t is apparent that these sell on a
lower interest rate, if they are exempt
In other words, the state or county
gets the benefit. Take away the tax
free quality and more interest must
be paid.
1t is to be observed that when the
national government or the state is
sues a taxable bond, it in effect pro-
poses to charge the lender for the
privilege of lending to it. The result
is that sue securities pass into the
hands of corporations, which are
taxet on their assets. This means
that the public is kept out of their
purchase while there is immense gen.
eral benefit in having individual citi-
zens hold the bonds. 1t is easier to
cry out against non-taxables than to
prove them injurious.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

form to their view. and stopped only
when the roads weFe found to be on
the verge of bankruptcy.
Ruin of the banking system can be
accomplished much more easily and
more quickly than ruin of the rail-
roads. One way to accomplish it IS
to turn the politicians loose on them.
1t will be a sorry day for the country
when the banks are placed in control
OF a commission composed of men
who know nothing about the business.
1t is a mistake to conclude that any
set of business men is engaged in an
effort to wreck the country. All such
try's prosperity.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

had read the New York Globe. In en
fairness, we are compelled 10 giVe tnS
dove-cote to the baseball writer's OF
the Globe. The Trib writers sse lA9
aluminium pickle dish
We take occasion to apprise mem
bers Of the liteFati, one of whom We
are which. that we are taking u Have
Only Myself to Blame, by Fflncess
A. Bibesco, home with us. II Aaelaloe
permits us to read 1t, our reactlohs 10
it will appear in an early issue.
The fact that German worknen are
getting better wages than beTore the
war is not. in itself, important. me
Significance, it seems to us, IS tnas
any workman can earn more money py
working than he can by leafing or
striking.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

that there were tears Of disappoint-
ment in Nellie'S soft brown eyes when
she came to his room in the morning.
A few days later Bill, being entirely
restored to his normal condition. was
carried home by his doting mother,
while Nellie Dean seemed to fit out
of his existence as quietly as she had
slipped in. She was off duty when
his mother came to get him and no
one seemed to be able to find her.
. A week or SO later Bill called at the
nurses home in search OF Nellie Dean,
but her name seemed to be unknown.
Then he inquired for Sister Helen.
Was she a probationer?" asked the
nurse at the desk. She wore no cap"
said Bill. Her uniform was blue
and she wore a white band on her
sleeve"
Then she was one of the volunteers.
not a real nurse at all. Is it very
important that you should find her ?"
About as Important as anything in
the world could be-" smiled Bill. she
was little red-heSded girl with
why that is Helen Van Cortlandt,
DR.. Van Cort1andt's daughter"
Bill wasted no time in Arriving at
the residence of DIR. Van Cortlandt,
whom he knew by reputation as one
of the leading surgeons in the city.
Finding Helen alone in the drawing
room of the old house, he acted in
characteristic manner, proposed to her
first and sought explanations after.
Helen accepted definitely and with
out delay. During the last day or so
at the hospital Bill had gone thru the
preliminaries. so she could not plead
surprise.
You see, I belonged to the Hos
pital Aids. Some of the girls in our
set took up the work because of the
shortage of nurses. We just help out.
pass trays and wash faces in the
wards and that sort of thing when
they need us. ] happened to be help
ing in the private corridor that night
when you came. 1 was only pledged
for two hours work. When you in
sisted on having me there was Moth
ing to do but stay. I wanted to get
out of it, but father said that since I'd
Joined the aids I must stick 1t out. ]
wanted to leave for Christmas. but
father who looks on nursing and doe
toring as the most sacred profession
in the world, wouldn't let me. That's
why I was crying--but I'm glad ]
stayed"
And why did you let me call you
Nellie Dean?"
81 guess it was just a woman's
curiosity said Helen with a flash
from her brown eyes, IT wanted to see
what would happen"
| Copyright, 1921. by the Mcclure
Newspaper Syndtcate.)
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13
INFORMATION FOR ALL READERS OF
THE TOPEKA STATE JOURNAL.

Each reader Of The State Journal IS Of
fered the unlimited use Of the largest IN
formation bureau in the world.
This Service Bureau is located In the
NATIONAL capital where It is in immediate
touch with all the great resources OF the
United States government.
1t can answer practically any question
you want to ask, butt can't give advice,
OF make exhaustive research
The war forced many changes IN the
daiIv life Of the American people that the
service of this information bureau Will De
invaluable to all who use it.
Keen in touch with your government al
al times. 1t can help you in a thousand
The State journal pays for this splendid
service in order that every one of It's read
ers may take advantage of it. You are
welcome to use it as often as you like.
Write your request briefly, sign your
game and address plainly. enclose 2-cent
etamp for return postage and address the
TOPEKA STATE JOURNAL INFORMA-
TION BUREAU.
Frederic ). Haskin. Director, washing
tom d @
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

The protective tariff propagandists
announce the discovery that nearly
the entire world is going or has al
ready gone on a protection basis. 1t
would be interesting to know against
whose wares they are rearing protec-
ton walls. 1t looks like an interna-
tional conspiracy to maintain high
prices and stifle world commerce.
But it may be that the situation is not
so bad as it is represented.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

The Panama canal is built thru a
strip of land which is just as much a
part OF the United States as is the
state of Florida. If this government
should cut a canal across Florida, it
is not conceivable that any foreign
government would assume to claim
that we did not have the right to per-
NIT our own vessels to pass thru that
canal free OF Observation-Disclosures
Record.
But the matter of free canal tolls
does not rest primarily on a question
of our rights but on a question of
policy. If a canal were built across
Florida at public expense, it is not
conceivable that ships would be per-
mitted to traverse it free of charge in
competition with railroads built by
private capital. The public objects to
being taxed for the benefit of ship
owners and it always has done so, re-
gardless OF what form the proposal
has taken. The plan for comforting
special benefits on owners of ships
has appeared in many forms in the
past fifty years but always has met
failure. The effort now being made
cannot be obscured by hiding it be-
hind an international question.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

Surely the highest peak in prof
iteering has been reached" says the
Sioux City Tribune. "by that New
York electrical workers union which
charged electricians s2.5O a week for
the right to work" But doesn't every
labor union charge its members a
stated amount for the right to work !?
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13
MEMBER OF THE ASSOCIATED PRESS.

Member Associated Press, American
Newspaper Publishers Association, AUDIT
fturanr IF Circulation
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-12-13

An independent Newspaper
BY FRANK p. MAC LEHMAN
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
PA M ME-

Of the Hawhns.Hamblen Associa-
tion /. 0, o. +.
Meets with Plum Grove Lodge. No.
6l9 the End and 3rd days Of Septenz.
Der, 1921.
First session at 1880 O'Clock p. m.
l Opened in form
g. Roll call Of officer
3. Reading minutes of last meeting
4. Welcome ADDRESS by Roy Bellamg
5, Response by H. W, Addington
6. Roll call of Lodges
7. Appointment of committees
8. Collection; Query Box
8. Adjournment for dinner
Second Session, $3.50 O.. III.
l. Answer 20 Queries
y 2. Reports Of committees
3. Other business
4. Location and time III Clnr 1egs-e.
meeting
5. Address b. some brotAaa.
6. Adjournment
g. e. CARY, Pres
L. IL. SMITH, Ses'ty-
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
Y. {. !. |. ANNUAL
MEETING OCT. B
VOLUME 8

The fortieth annual convention Of
the Tennessee Woman's Christian
Temperance Union will be held at
jackson, October Is to IL, the official
call for which has been issued by
Mrs. Mamie A WeEh, state presi-
dent and Mrs Minnie X. Gilbert
state secretary. The officis. board
will hold it's preliminary meeting
October IA and IL and the executive
board composed of members of the
official board. State Superintend-
ents af departments and county pres
idents will meet at 2 o'clock on the
latter date.
Many speakers Of note vii. have
part in making this one Of the best
conventions ever held Miss Anna
A. Gordon, president of the 'lIagional
peaker and tho most honorel guest.
w. C. T. u, will be the principal
DIR. Parker Shields, superintendent of
the Anti-Saloo.l League will deliver
the convention Sermon !. Mrs. Maud
B. Perkins, national secretary of the
young peoples branch, will be an
other inspiring guests and speaker
DR.. John Royal Harris Miss Clara
o. Williams and Judge Kelly, OF
Memphis, are others who vii be
heard on the convention program
Delegates to the national ". G. T,
IT, conTentip %, hsld at San Ieaneisc.oS,
Cal, this month, will render reports
at the Tennessee convention and
every w, C. T. U. chapter in the
state is urged to send as delegates
its officers and envoy for each fifteen
nembers.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

the work of the native evangel
lists. II is planned to establish a
church, theological seminary and col
ege, hospital and .olpfanage at Jeru-
salem as soon as fr3c cable and thus
seek to reach otbe" po.l. In Pa4es-
tine and Syria from this center.
Minister to 100000, 600 People.
With che enlarged foreign mission
program OF Southern Baptists That da-
nomination is now operating in lS
countries on every side CT the globe,
and has il. its employ praeticalg 503
oreign missionaries and twice tAat
number OF native workers trained in
the mission schools. Through its
present missionary operations the
Board is seeking TO minister to 475,-
100000 yellow people, 100000 brown
people, 200,000,000 black people and
225, 100000 white people, making a
total Of 900,000,000 people, or more
than half the population Of the globe.
Numbered among its workers already
ON the field are 81 foreign physicians
and foreign mission nurses who last
year gave 154,070 treatments. There
are now Gil mission churches on the
foreign fields and of this number 1S4
are self-supporting. The average con-
tributions of these mission churches
last year to denominational causes was
S. per member, the Christians on the
foreign fields responding more liber-
ally as result Of the rs Million Cam
paign.
The new missionaries sailing at this
time were contributed by the following
states: Alabama two, Arkansas one,
Georgia five, Kentucky six, Louisiana
two, Mississippi four, Missouri four
North Carolina three, South Carolina
five, Tennessee five, Texas fifteen
Virginia six, Iowa one and Pennsyl
vania one.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
WE ARE ON EVE OF GREAT
RECONSTRUCTfON-<B0 Room!

Do you remember the fall Of l9l4?
A great many b. 5'ness men behaved
then as if they thought the worldwas
coming to an end. Well, we lived to
see that very period the beginning of
the greatest era of prosperity the
country had known up to that time!
We now 60 on record stating our
frank belief that the United States
is once more approaching great
reconstruction boom. 1t is admitted
that imitation is invariably bound to
cause hardship, but business activi-
ty all over the world is scraping the
bottom of the present depression,
notes Sugarman's Indicator
Everything moves in cycles. The
waves of gold that are rolling in on us
from abroad will certainly encourage
dehation. That means rising COM
modify prices and of course, rising
stock prices. Our Federal Reserve
ratio is now very high; in other
words, money, credit and gold are
rising and outstanding loans are de-
ereasing.
Where is Ill this money going to?
We feel sure it is going to build
homes and office buildings and other
needed housings. We feel sure this
activity is going to bring prosperity
to the railroads, or at LEAST that the
railroads will be placed in such po-
sition, due TO the IL per cent wage
cut and 20 per cent freight increase
as to enable therl to buy much need
ed equipment Of iron and steel in
: large quantities. We know that our
public utility companies are. in great
need of brass, copper and zinc. We
know that Germany could use great
deal of copper and cotton The de-
control of food products in Europe
and in this county, will result in a
higher per capita consumption and
higher prices to farmers.
Meantime, the world is in our debt,
and if it means anything to an indi-
viduaf to have interest payments
coming in to him on principal loaned
out, the it must mean much to a ma
tion in this osition.
Six months from now we will be
looking back at the foolish fears OF
the public at this time, wondering
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

missionaries, but to do much other
work, including building or making
substantial additions to Is bsys
schools, II girls schools, 81 mission
residences, five hospitals and dSpen.
saries, four light and power plants for
mission compounds, rs church build
ings, four colleges. seven theological
seminaries. In addition, assistance has
been given seven church building loan
associations, six new stations have
been opened and equipped, land has
been bought for the enlargement of
several mission compounds, home for
orphans in Italy has been established,
and a block of ground has been pur-
chased in the heart of Rome for head
quarters for the work in Italy, theo-
logical seminary, publishing house,
church and mission residence being
provided on this property.
Enlarge European Field.
AS a result OF the Campaign, South
ern Baptists have been enabled to
greatly enlarge their work in Europe.
They have carried on mission work in
Italy since 1870. but now they have
opened up new work in Jugo-Slavia,
Hungary ard Roumania, and have made
beginning, through the distribution
of Bibles, in the Ukraine and Southern
Russia and Siberia. To act as the
European representatives of the Board
in this enlarged program, DR.. and Mrs.
Everett Gill of Kansas City were re-
Gently named. They will probably
make their headquarters in Switzer-
land.
The first work Southern Baptists
have ever done looking to the evangel.
lzation of MOhammedan lands has just
been undertaken in Palestine and
Syria, and DR.. and Mrs. w. A. Hamlet
of Austin, Texas. have gone to Jeru
salem. where they will superintend
-
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

From the larger proceeds Of the
Baptist rs Million Campaign the For
eign Mission Board of the Southern
Baptist Convention has been enabled
to send out more than $50 new mis-
sionaries since that movement was
launched, 1t is announced, and of that
number sixty young men and women,
representing fourteen states, have just
sailed for China. Japan, Africa, Brazil,
Argentina and Chile. In addition to.
these, DR.. and Mrs. Everett Gill Of
Kansas City will sail September IA to
become representatives of the Board
in Europe, while DR.. and Mrs w. A.
Hamlet Of Austin, Texas, have just
sailed for Jerusalem, where they will
maintain headquarters in acting as the
Near East representatives of the
Board.
The new missionaries to China and
Japan sailed from Seattle, Saturday
August 81, on the Hawkeye State of
the Admiral Line, while those for Bra
I'll, Argentina, Chile and Africa sailed
tLOn NcW IOlh Ou thO ACOluS NUS Aot
II. They will be engaged chiefly in
evangelistic, educational; medical and
agricultural work and will be sta
toned at various points in these fields.
While large number of new workers
have been sent out by the Board since
the beginning Of the Campaign, at
least 100 other capable young men and
women could be employed to advant-
age If they were available, Secretary
j. F. Love advises.
Mission Money Gets Results.
OF the more than $25,000000 that
has been collected in cash on the IS
Million Campaign to date, about S.
100000 has gone to foreign missions.
This has made it possible not only to
strengthen the old work on ell fields
and employ a large number OF new
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
LONG FACE NEVER
EARNED 4 PENNY!

And a Crouch never helped hui
man being you can afford smie
even if you do not feel like it. A
smile does not cost you airy thing
yet it has a business value. The
chap who ducks up smiling when
everybody is pulling long faces is the
chap you want 10 do business with.
The crouch onE begets grouches
and grouchers. Look out you are not
infected by the crouch. lis POISON
is more dangerous than bchshevism,
mosquitoes and fake "hootch" com
bined.
Smile when you mean it, and smile
when you don't, and keep right on,
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
RURAL CARRIERS MEET

The Rural Carriers Association of
Knox county will give a picnic on
Labor Day. Monday, Sept. 9Th, 1921
at Fountain City Park for carriers,
their families, sweet hearts and sub
stitutes> of Knox and adjoining coun-
ties. A very interesting program is
being arranged with some very able
speakers, Hon. j. VIII Taylor, j. j..
Graham and others.
Every carrier in Granger county
is urgently requested to be present.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
NUMBER Al
IS THIS WHY PRICES
ARE 70 ADVANCE /?

Prof. Irving Fisher, of Yale,who -
so versatile that he is an apthOEi9
on economics, on longlivity OF hs-
mans and on prize fighters, is bsss
known for his exhaustive and decse
studies Of gold rs money.
1t is Fisher who advocates staBiFs-
ing the American gold dollar By az-
ing its value as it grows plens AaE On
grows scarce.
He contends that when gold be-
comes plentiful, prices of cOmmodi-
dities ascend. When ii is scarce
prices go down.
Please note what is haprenin,y n0<
All prices were going down the hAsE
of the year like lead sinker. Ras
around about spring time floods az
gold began to pour into the United
States from the whole world Ts
date, in 1921, we have prudginglE
accepted more than foar h1ndreH
million of it.
And prices! They stopped faiiiag.
Bradstreet's sho IS that commodities
at wholesale advance oyer 3 per cent
in July. The department of I.sbox
says retail prices were up from 20
per cent IN nea, ly all the cities on
August l. Cotton is going up again
So are sugar, coffee, tea, hides, can-
ned goods, textiles and silver
Maybe Fishers right.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
ACCIDENTS

Forty.eight thousand Americ IN sol
diers lost their lives in the World
War.
During that nineteen months 1885,
coo citizens OF the United States lost
their lives by accidents.
An average is $4,000 human lives a
year through scridents, most Of
which are through ca,e.essness.
During this period 100000 persons
were injured.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

how we could ever imagine that
such companies as U. S. Steel, Bald
win Locomotive. Studebaker, Inter
national Paper, Allis Chalmers, Cen
trail Leather, and Bethlehem Steel
were headed any other way than
prosperity, with capital P.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31
ADVERTISING HINTS

Advertising never takes day OIL
Sweet are the uses of advertising
No day without an advertisement
Advertise to day, and sell tomorrow.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

with a cheerful mug. 1t is GOOD bus
mess 1t helps your digestion.
And it makes you welcome every
where, advises Sugarman's Indicator.
Grainger County news. (Rutledge, Tenn.) 1917-current, 1921-08-31

90
ag an
Licking Valley courier., 1921-09-29

The Courier has already received a
number of contracts from the big adver.
tisers 1t could get more, but we
haven't the space to publish them. At
the beginning Of the year we planned
to enlarge the Courietr to eight pages
am had not the recent change in teh
business, taken place we would have
accomplished that before, now, but
owing TO the fact that the dissolution
o. tlc partnership between Mr.. Elan
and myself made ii Impossible to carry
on these plans at once the plah had
to he postponed. But hope to ac
couplish the eight page paper soon
II depends largely upon the support
the Courier receives in the next few