davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1922-11-10
Fire Department Orders
SPECIAL ORDER NO. ses


1.--Lieut Michael Conway t2). Engine
Company 0. Is hereby promoted 10 the rank
OF Captain. in this Department. Bureau OF
Fire, with compensation at the rate or
s37O0 per annuni, TO take effect at 8 A. a.
November 10. 1922 He viii report 70 tho
Chief OF Department for assignment TO du'y
ASSIGNMENT.
Captain Michael Conway (2). Engine Com
pany f60
Especial leaves OF absence are hereby
granted 70 the following members OF the
Department: Capt James II. Keeling.
Engine Company n. for 10 hours. from 9
r. NJ, November u. 1922: Capt. James ~
Fitzgerald ID. Engine Company 22. for 10
hours. from. o r. NJ. November II. 1922 ;
Capt Cornelius d. Donovan. Engine Com
pany col. for hours. from A. NJ. Noven-
ber TO- 1922; Fireman LIST grade John NJ
Tolomer. Engine Company 81. for Q hours.
from A. NJ. November II, 1922; Fireman
lst grade Harry Willstein. Engine Company
49, for ~ hours. from A. NJ. November i3.
1922.
BY order of tho F1ro Commissioner.
JOHN KENLON,
Chief or Department.
The New York herald., 1922-11-10
SILK Consumption Report.

The silk Association of America cx-
plained yesterday that the reason for
tho Increase in consumption during
October was due to the delayed arrival
Of three steamers carrying a total OF
about 5000 bales of silk AS a result
of the delay the silk was not included in
the stock reported on November /. The
delivery to American mills for October.
or the approximate consumption, thus
would be reduced to about 1880 bales.
The New York herald., 1922-11-10
PITTSBURGH.
U. S. LAND BANK FARM LOAN BONDS

Yiclo
BID. Ask. Ab't
tied. Land Bark Farm Loan
IS. Nov, jpii, op. 3i......1oas fot 5.g5
tied. Land Bank Farm Loan
5E, May, 1871, on Ji......io3's iB +.3y
tied. Land Rank Farm Loan
5s. May, 1898. op. 23......io0 iVoH AS
tied. Land Dank tarm Loan
tiss, MAY. 1912, op. 81. 100. 1o1 t.3f
tied Land Bank Farm Loan
AS. May, 1885, op. -. eelS 100 40
tied. Land Bank Farm Loan
AS, Nov, 1898, op. 23.... 9eh 100 soc
tied. Land Bank Farm Loan
sias. May, 1887 op. 22.... p9h 100 $50
tNot listed on New York STOCK Excnsnge.
The New York herald., 1922-11-10
TOBACCO STOCKS.
PENNSYLVANIA OIL.

OIL CITY, Pa, Nov e.--Credlt balances
IS Runs 90. I5e; average b3.ss2. Shipments
es,3ii; average 0i,i72.
The New York herald., 1922-11-10
OUT OF TOWN MARKETS

Sales. Open. High. Low. Lest.
% Phil ms Wire 43 43 s3 43
62 Phil Traction. 81 81 CT 67
ESQ Tono Belmont. ~ ~ iss 1%
142 Tono Mining. 2is 2h
- Union Gas Imp 5iii 11h BIZ Ok
I'm Gas Imp pf 55i1 aoh 55A BOA
30 Union Traction 4i Al Al Al
BONDS.
$1,000 Am Gs & L IS SO ss SIS SO
1000 Beth Steel 6s. ia ia III III
IOOn T. q p cffe 10. G"Ts ~ COZ -
1000 Lehigh n AIS o4k a4h 94is 94i5
1000 Po Pass Ry 4s 74H 144 I4it I4A
3000 Phfl III fst "a n97s 100 paT. 100
140oo phil ri 5iSs 1905. 1904. ioOss iOOH
cooo phil Elec Cs.. .ioii< 1914 1044 1854
The New York herald., 1922-11-10
FOREIGN MARKETS.

LONDON, nov e.-Trading was quiet snd
prices wera steady on the Stock Eschange
10 day Quotations wsre az follows.
Bar silver, 80 I-i6d. per ounce.
mar gold. e2s. "a.
Money per cent.
Discount, rates. shor+ and three months
bills, 2isa1 ole per cent
Two and half per cent conscls, c0's.
Priueh per cent. losn esH.
British "a per cent. loan. ~.
10 Beers. i0is.
Rand Mlnef. Zfk
PARIS Nov. Prices improved GA tfe
Bour.- to-day. Quotations we're as folo'ca.
Francs. Ceu'a.
Three per cent. rcutes. ...s...... 30
Exchange on Iondon. ...... .... ~ o.
rive per cent loan. ......s4....s - tel q,
L. >. dollar. f...ss.........ss...s. 10 'oi.
The New York herald., 1922-11-10
FOREIGN BANK STATEMENTS.

Tho proportion or the banks reserve 20
liability this week is 1905 per cent. Last
week u was 1884 per cent.
Ratio OF discount , per cent.
PARIS. Nov. p.--1he weekly statement OF
the Bank OF France shows the following
The New York herald., 1922-11-10
NT,y YORK SAFE pONps.

JOINT STOCK LAND BANK BONDS.
Yield
I'D. Ask. Ab't.
tchtcaao Joint stock Land
Bk. Sis No-., 1851. op. 3i.ioj 105b 40
tJoint Stock Land Bank IS,
May. 1899. op. -. :........ oeis iOoA o.1
New. ipss. op. 20. ......... seb ioox 500
moi listed on New York STOCK E1cnsnse.
The New York herald., 1922-11-10
PATRoLNrEN.

(tofTa)-Edward @. Wander, Shield No.
g375. a6th precinct. June 10. did not properly
patrol posts and could not be found thereon
fifteen minutes two days.
6lUG2B-licorgo Cunningham, Shiold No.
ii7O. 26th precinct. June 3. 90 absent from
posts: 60 no permlssion 90 no entry; one
day.
Ci0sgD--Iohn J. Eliis Shield No. 1920, 2sth
precinct July IS, Cl absent from post. seen
in conversation with clerk at orangeaJa
stand: (2 no permission. CD no entry two
days.
doo8D Harry Lichtblau. Shield No. ioS2s.
2Gth precinct. July ~. failed 20 remain within
view Of relieving point. seen on another pest !;
one day.
tio9oSj Joseph y. ciennon. shield no. e752.
18th precinct. July ~. failed 10 romain with
IN view Of post relieving point. seen on an
other post. one day.
iio6sl l--C'iarerce DunuiKAn, Shield No.
523G goth precinct. July 10, failed to remain
ln View Of rost relieving point; ono day.
(1Ot77 iOp6a. 1i74o1 william 4. Murphy.
shield 80 GG54. e6th precinct g charges) A.,
juno 20. did not properly patrol posts could
not be found thereon twenty-five minutes;
two days. July ", did not properly patrol
post could not be found thereon Eighteen
minutes. two days. August 20. absent from
Outgoing roll call and patrol duty fifty min
utss. reported sick: two days.
Ii252) Louis w. Unfer, Shield No. 165c,
The New York herald., 1922-11-10

IRIS. Nov. . Prices improved cu the
r.- to-day. Quotations we're as fol'o'ce.
The New York herald., 1922-11-10

James II. LesTy. 18TH precinct. for three
days from 1901 A. NJ. November 2. 1922;
Peter j. Reilly, 18TH precinct, for one day.
from T.. NJ, November ., 1922; Harry
Llchtblau, Goth precinct. for one day, from 4
y. M November 10. 1929; Frank y. Gallo
way, s3d precinct. for one day, from A. 81,
November e. 1922; Charles Haight, ssth pro-
cinct for one day, from A. 81, November
o, 1922.
s--The following members OF the force hsv-
ing been tried on charges before q Deputy
Commissioner, fines are hereby imposed as
To-
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

FOR sALE-A lot OF grocery and meat
fixtures First Street Grocery 81 w
First 81. Usage 1895
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

60 OrT EOUTuENsT With mo and look
mia HWru 5.room bungalow just
rr4Iy 10 move into. Has everything
that goes 20 make beautiful hum"
81 900. ON very easy terms. curry.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

GOTHAM APARTMENTS
CORNER DENVER AND FAIRvIEw
one a-room and one 5-room efficiency
apartment, completely furnished, lani.
tor service and steam heat Usage 3l26.
LARGE well-furnIshcd apartment IN
modern home 26oi e.. FIfth.
MANBELI. H., 1870 - Threa-room down.
stalr- apartment. completely furnish ID ,
on both car and iitney line. private en-
trance. Also garage
',.rEIY iuIulshsI ssutnrl.t apartments In
Cheslyn apartments 500 aud i7b. osags
13eL
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

FIVE Room bungalow completely fur.
ulshed, splendid southeast side location
Immediate possession and trr price
asked is only 81 $40 with niv $3.50
down and balance arranged This II q
nnrgaln house alone worth ne money,
furniture FREQ Call early. Leslie Brooks
CO., Realtors, Cedar sils.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05
MANTEn--ro noRRoN
TOday's BLunder
Corrected

Too many dishes should not be served
~ once on teR-Cart. n the Tcpast is
t'gewAat elaborate, 1t is better 20 use a
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

.tg... ..t.U tff.HH ..f
UGNulfui native shade 5-taom MOD
.laou vuu $500 .,rr easy terms ~
balance ,Uu uwEe o1'
INI,ItN mud.fu u.rluu burrpluN uu
Isat lrr...rl,r,. near Ulaiun. uirN
lHrufI.u paved street. nrgr trs.u,ul
r,wn.uauuu furnace HI nuitlu 70,
r,, , U.l. .aao
,,,... .... v l.0I NII''. I.'-n IN ..,
W. W'N '',.,', .a t..,., t1, rs,
"t .I 't.. rui,
''N'. 900. 'h''' l'''
uuhbH l.'N ""I, U.n7' 'o I.r'
,,1,.. ,,1 ' ..,... I,... ,a'!.a Zoo
daN. $40 % MONTH ur'rr ruI ''ti'.
''NII '.
Ns uNNu s.e,.| now houses .u Ken.
dHN ,.'.r. HH.'i GOO '.r. Nun 'n'.
r'' 'N ''' '''.at ''' ."
.N '' .'' . ..''
WI.I rlNE LOSE ~
we h'N N.' n"1H .r 'II sfr .o'
,u IHNft HI Onto tHsH 900 hH yh''
i.H p.I u.uII N.N' Nt.n E'A N'F'
UuIF Collar ...I 'fH'. I'i'
100 uuuN.. ... prt.ng. u.v dupIr, paw
.... ....H ..t ...t f..U. utU rulJa
U.s. a.r... H..IHiI. Irptfuu. terms
Duu.r Durr a.H.
a. u.<rNIDWs
.UUH fu f.U. unu. prices HuI TERMS r'Ehi
I... t.... .ir.uf ,u 300 iowa ulg
............ ,.. ,.,
'''. .,,., ,.' .i,., o,r.
'''''' "'' ''''" '.
'.'
5000 tArII uHl 81" p.' month buys new
run' wuI.rn bungalow. hardwood
nuuH uuI nt.H buUt 600 fr'tutrs tnI.
H'F"d lH' g'I l." io'.dcniIM Wh'i|''
u.''n '',''' 1''.'..
,... ,I,.r.s .,..i.I.t..,, d.. ., t,r.. NOM.
.,.r,,i.n 'a.. r.,N I,,,t,J I1.t
what you a,s l.uaug mr rIl.el right
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05
OFFICE--sTORE EQUIPMENT o

KARDEN VISIBLE RECORDS--Cards N
sight mean business control KHrdts
Sales Co. NJ. l.. Poun1stnne district
manager. 2l5 \ Boulder Tulsa Phone
Osaue t0C4
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05
instruction

FHlNATE instruction IN shorthand and
gthg finish the work you began IN
HlEh school here. Cedar 32i9 National
NrhNnI Shuilhaud
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05
Real Esiate 70, Sale

Wy 'N''' '.'' ."v''. '.'H. 'I .
h I' '.''NI ''-'lt'''
ia Y ..,,, ~, ..,. ,.,,.
''. ''"' ."'''''" '''"' 'N''' ''''N'
..''N mo |'ln mouse on 'h' f'' w
...r.. o. .H 90, .,fi '.ar, .up
.,
. 'N' N' N.'N '''N .
'''
..' N''.. .N' N '''' N.'.. i'' ~
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

81 000 CASH DOWN buys the pfrttIoHt
now room bungalow breakfast room.
beautiful mRntrL heavy oak floors.
decorations aul fixtures Of the best.
extra largo tile bath with suuken tub
and pedestal Htnnd, extra large rnnms,
plenty of closet space. Errrcued-in back
porch. basement, ready Tor furnace.
ghfnge and solid drive Priced to sell ~
$500 with balance 10 suit. Leslie
lirooi- CO. Rcaltors Oangc 2S73.
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05

Large 75.toot yal. good location, east
siUth -ttre'. be- .. .. ''HFlr' .'''''''
modern fhrUf
good decorations, two-ear garage IT.
NbU t.t
transpurrtf.
A. j. JENKlSs q sos.
Osaro #. b-s Muyg BIdg
The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1922-09-05
DANCING AND DRAMATIC so
Livestock

'uNkSE VA expression aesthetic and TO,
lAhclng III 5. Denver Cedar G55
Omaha daily bee., 1922-05-29
Peter Pan at the University.

Galli-Curci warbled jazz songs to the intense
delight Of the boys and girls from the university
at Lincoln, and to the sorrow Of the dean of the
music school, Furthermore, the annual Shirt
tail" parade went just little further, and became
a really, truly affair in keeping with its name,
and this. too, caused grief to certain staid men,
bers of the faculty. Now, The Bee has no desire
10 interfere with the discipline OF the great school,
nor to encourage lawlessness among the student
body. We would pont out, however, to the
protesting professors that maybe they are ad-
vaneing in both years and learning and so are
in large sense getting further away from the
enthusiasms Of youth. Spirits that have been
held in leash through the long months since
las. September, conforming to the somewhat
rigid regime essential to carrying on the hours
Of work necessary to passing grade may be
expected to boil over when the pressure is re-
leased by the relaxation that comes at commence
Omaha daily bee., 1922-05-29
Good Road Paving Material.

County Commissioner Stroud has reconsid-
cred his decision to vote for further use OF
bitulithic paving on Douglas county highways,
this decision creating a majority on the county
board opposed to additional contracts for
patented paving upon which. royalty must be
paid. In this Mr.. Stroud valves his personal
view in Difference to allied civic organizations
which have carried on the fight for good paving
for four years and which were largely RESPONSE
bic for Mr.. Stroud's election on that platform in
1920.
Taxpayers and users of the highways are to
be congratulated upon the result. The county
needs paved roads, but they must be well paved.
At every submission of the issue, public opinion
has been registered heavily in favor OF pavements
Of tried worth, pavements which can be laid with
the certainty that they will stand the heavy
traffic of future years. The strength Of this
feeling was proved when, in order to win public
approval Of the 100000 bond issue in 1918,
the county board has made written promise that
no main thoroughfare should be paved with any
thing but brick.
In some respects this program has not been
maintained, high prices having forced the con-
eesson Of cheaper pavement on certain roads.
The soundness Of the principle, however, can not
be questioned Further pavement Of the Lincoln
Highway must be OF brick and cheaper materials
should be used on other roads only when safe
guarded by the most rigid Specifications, care
f,,IIv enforced
Omaha daily bee., 1922-05-29
For the Girls Who Work.

A drive is on in Omaha again. this time for
an object that should impressively appeal to all
Its object is to secure funds for the completion
Of repairs and furnishing Of Willard Hall, which
is to be home for girls who work for living
and who have no home in the city. The need
ior such place is too apparent to require much
argument. A girl coming into any city to ac-
cept employment is at disadvantage when she
starts looking for place to live Social
workers realize this, and they also know how
important it is that such girls do get decent ac-
commodatons under respectable conditions.
In Omaha at the beginning of the war; when
many girls were brought to the city to be en-
ployed in war work, the situation was acute
At that time the Scottish Rite Masons made
provisions to take care of some in the home
they established on Cass street at Twenty first,
operated under the direction Of the Y. w. c. A.
The John A. Creighton Working Girls Home also
provides for some, but these institutions are not
enough Promoters of the Willard Hall plan
have purchased the old Browne Hall building,
and are now having it remodeled. About $780,
COO is required to pay for the changes to be
made and the cost Of furnishing the building for
its future use. That is what the citizens are
asked to contribute. The home will be self
supporting, once it is opened.
ITO help good girls stay good" is the motto
Of the promoters. Such a platform ought to
appeal irresistibly to all. Gauged by what Omaha
has done at other times, it is safe to predict that
the drive will be success, and that Willard
Hall will shine as "a splendid example Of gen.
uine community spirit.
Omaha daily bee., 1922-05-29
Blame Rests on Public.

In the course OF his sermon. delivered At the
funeral OF the boy victim OF an unidentified BAN
dit. Rev, Harry b. Foster eensured the author.
tiles for wha, he terms lasity in law enforcement.
and then with both emphasis and propriely pu,
the blame sauarely where il belongs. on the
public. Crime tina, seems so rampant today ex-
isls because OF the apathy Of the people. their
disregard for law. and their unreasoning re-
seatmen, OF lis interference with their desires
or whims
Popular indignation runs high in presence OF
. brutal murder, or other terrible outrage. over
looking entirely that such a crime is bu, the
elimination OF host OF minor infraciions, none
OF them snsly OF great importance. but COM
bined OF such cumulative force as to weaken the
entire fabric OF the law and make the greater
crime possible
One OF our mos, cherished and continually
exercised privileges is that OF eri,ieizing and
abusing our public officers, especially the peace
officers. Ye. they exist solely by popular suf-
ierance, and conditions are such ,ha, the man
who conseientiously obeys the law and admin
isters his Office in accordance with his oath
realizes that he does so a, the risk OF making
enemies who will do their best 10 uproot him Al
the next election, and that the people in their
indifference will listen to slander more avdy
than to praise.
We have good laws, and we have men in Office
capable OF enforcing them. What is lacking is
popular support Murder is not the only crime
that is prevalent in Omaha. Everybody cannot
catch murderer. or hishwayman, but every
body can do something to rid the community OF
the little foxes that are destroying the vines
Quit passing the buck to the police, the prose-
eutors and the courts. and do little something
to correct the things you can personally control,
and the change will be noted very soon.
Omaha daily bee., 1922-05-29
Democratic "EcOnomu"

Under various Liberty loan acts. President
Wilson was authorized to purchase bonds from
the countries engaged in war with our enemies,
bearing the same interest, Of the same matur-
tiles and same conditions, as the bonds we issued
and sold to our people. Under this authority,
President Wilson dispensed to our allies and to
flock OF little nations whom he was seeking to
incubate, immense sums, which. with the interest
accrued and unpaid now amounts to more than
Sll 900 100000 The acts authorized loans to
our allies. Probably $780, 900 of it was loaned
to countries not in the war at all: 81 500 0O0G0
Of it was loaned by the secretary of the treasury
after the armistice, and when every reasonable
man will coneede he had no right to do so under
the law.
Omaha daily bee., 1922-05-29
ttaiiway Mems Wages,

Omaha, May ss,-ra the Editor
OF The i,ss' ! notice by the papers
quite a lot nf talk about reducing
the wages ~ the railroad workers
fha, would be all right II they would
start with some of the high rsaiafiai
offieers, who receive from sIo, 900 10
$50, 600 per year ana do not do as
much as the clerk, who receives
siio per month,
~ the railroad would only take
into consideration the high rents and
hieh taxes and also that most OF the
railroad workers are trying 20 buy
little homes, they would not cause
them diseontent and diseoufssement
by reducing their wages, know Of
a railroad worker who receives til6
per month Ia eierk) and has wife
and three children, lie 10 trying Ca
est economy. he was abis 20 pay his
taxes this year, which everybody
knows were very hirh, There were
no iusurles In that family, only the
harest necessities Also coal WAS
very high last winter and th. rail-
road workers had To 60 In debt for
their coal, and II WAS considered an
open winter, too,
am certainly opposed 10 feduc-
ing the railroad clerks wages bet
ter begin with the high. sal iariea Of
ic~rs-ihey won't have TO let their
children 20 without butter and milk
and eggs 10 pay for their homes and
coal. J. A. JOHNSON.
Railroad Clerk.
Omaha daily bee., 1922-05-29
Heroism and the Humble.

Once in the not far gone days Of the west,
the social scale began with the gambler and
passed along down through various occupations,
until it ended at the sheep herder. He was the
parah. Some revision Of that list has come with
the advancing fortunes of the range country, and
the gentle shepherd occupies much higher place
in the estimation Of his fellow man than he did
when his woolly charges first began to worry
the cattle barons. A story just in from the Wyo-
ming sheep country will help the public to put
value on the quality of manhood engaged in
the tending Of focks nowadays. Jack Westcott
of Urbana, Ia, and Marion D. Young of Pasa-
dena, Cal sheep herders, did not turn up when
big blizzard swept the range OF the Two-Bar
outfit. After the storm their bodies were found,
few hundred yards from the camp they searched
for. Young's body was covered by Westcott's
overcoat. No need to enlarge on the story,
Greater love than this hath no man." and as
written of Jim Bludso, so it may be said Of Jack
Westcott:
He knowed his duty, dead sure thing
And he went for it thar and then
Omaha daily bee., 1922-05-29

families that set al0hg that way
Aiy husbands wages are ssst, "
he works ~ months out ~ . ysaf'
Hut he and most all ~ them are
laid OF during the winter months,
aRd We pay ,ls maHth rent for a
shack that isn't as coed as som@
felix's garages And then | hear
someone say. why dent they set a
bettsF-payiRg j0hf EsefSahs Isn't
fusd Tor those hish'salafisd posl'
IinRs
t'm a poor mans wife and ! wish
some af the others would Join ~ and
express their views on this wage
question, For instance, lock Al the
ear men, ar ear tanners, as they are
called. They receive Just twice 50
much as the section lsbarsfs and do
not have 10 work anywhere near ss
hard And up goes somebody's
hand aHi says. but theirs 10 q
greater responsibility, and when the
wages ate sut they usually are cut
from : psr cent up 10 ar 10 pev
cent. and the section man gets the
hlssesl rul from his already sntsilsW
wage
Now, don't believe IN strikes.
but II seems w. shouldn't stand Idly
by and just take anything that fhsy
hand US,
Omaha daily bee., 1922-05-29
Farm Bureau Federation Program.

Some elements OF the tentative legislative
program OF the Nebraska Farm Bureau Feder-
alton are such as demand careful examination
while OF other proposals the best that can be said
is that they seem to be put forward as trading
points. They are so obviously unfair that il
is not easy to believe that they arc sincerely
supported. Most OF the many proposals have
TO do with taxes, the manner OF levying. collect
ing and disbursng. Various amendments are
suggested to existing revenue laws, all OF such
nature as will call for the closest scrutiny. and
several that on the face bear evidence of lack OF
thorough examination OF the underlying prin-
eiples Of tax laying.
To set up township or precinct boards Of
equalization in place Of the existing county
board is but to further subdivide authority and
responsibility and more thoroughly complcate
and confuse the tax-levying machinery. The
move is a continuation of the change made in
1909, when the democrats enacted law requir-
ing a return from county to precinct assessors
no particular benefit but considerable additional
expense following. The proposal to tax publicly
owned services is so one-sided as to answer it
self The classification of tangible property for
taxation purposes may or may not be in line
WIN SOOQ puUHC poiSy. SHt IL ID eiaooidteu
sufficiently by its supporters to disclose just
what it contains, it may be regarded with sus-
picion.
The repeal Of the Smith mortgage law is de-
manded. probably on the ground that it has the
effect of exempting mortgages from taxation
This exemption rests on the theory that the prop
erty mortgaged is already taxed, and if levy
is made against the mortgage it amounts to
double taxation. Repeal of the Smith law would
restore condition that existed prior to its en-.
actment, when any possible tax that might be
laid on a mortgage was included in the interest
rate exacted from the borrower. and then the
mortgage went into hiding.
A state income tax law has some qualities
that recommend it. Such law would be effec-
tive in getting revenue from great many who
enjoy all the benefits and bear little or none OF
the cost Of state government. The difficulty OF
il is the creation of effective machinery for its
equitable enforcement. Some OF the other pro-
posals look to radical changes in existing laws
or practices and may be considered later. AS =
whole the program may be accepted as contain
ing the extreme desires of one group OF the
states population If special interest be the basis
Of legislation other groups may be expected to
put forward their own demands, with the result
ing compromise or victory for the strongest.