davidaulloa/AmericanStories huggingface dataset:
Evening star., 1923-12-29
Tax Cut Bill, With Hundreds
Of Amendments, Made Public

vide an additional l per cent for
each additional $4,000 up to $4,000;
l per cent additional for the next
$4,000, and would then add l per cent
for each $4,000 up to a maximum of
rs per cent on net incomes of $780,
600 or more.
Under the present law the surtaxes
begin at 1 per cent on net incomes
between $4,000 and $4,000 and scale
upward to maximum of 90 per
cent on net incomes exceeding $780,
o0e
Provides for Reduction.
The new bill also provides that the
normal tax on incomes shall be 3
per cent where it is now 4 per cent
and per cent where IL is now 8 per
cent-a reduction which the Treasury
estimates will result in loss of rev.
enue of S91, 100000.
Provision also is made in the bill
that 25 per cent of earned income"
which is defined as wages, salaries
and professional fees, shall be count
ed as exempt in computing income
tax returns. The greater part of
this exemption is expected to fall to
those having small incomes with the
result that the Treasury expects a
reduction of S97 100000 from this
section alone.
The bill proposes the outright re-
peal Of the present taxes on tele-
grams, telephone and radio messages,
theater admissions, and Of certain
other nuisance taxes, including the
Ievies on silver plated fiat silver
ware, pencils and fountain pens SELL
ing for more than 81, and clocks and
watches selling for more than 50.
The administrative features of the
bill include a provision for creating
a board of tax appeals composed of
Evening star., 1923-12-29

under which married couples have
been pooling income from property
Jointly owned for the purpose of taxi
ing advantage of lower surtax rate
Income received by any marital
community" says this section, Shall
be included in the gross income OF
the spouse having the management of
the community property and shall be
taxed as the income of such spouse"
Defining capital assets as prop
erty held by taxpayer for profit or
investment for more than two years,
the bill provides that the amount by
which the tax is reduced on account
of such loss shall be limited to 1211
per cent of the loss. Under existing
law capital gains are limited to 121a
per cent, while capital losses. as
Treasury experts construe the stat
ute, can have the effect of wiping
out entirely income In the higher
brackets, because the tax may be re-
of the loss. The Treasury estimates
that this change in the law will in
crease revenue by about s25 1000, 600.
See $4,000 600 Gain.
Another s35.000,000, it is estimated,
would be brought into the treasury
by provision in the bill which would
limit deductions from gross incomes
Tor interest paid and for losses of a
non-business character to the amount
they exceed the taxpayers tax-eX-
empt income.
On the ground that it is vague the
bill would repeal the section of the
existing revenue law which provides
that no gain or loss from exchanges
OF property for property is realized by
the taxpayer unless the property re-
ceived in exchange has "a ready
readable market value
The new bill, however, provides
that where, in connection with re-
organization, assets are transferred
from one corporation to another the
assets transferred shall retain the
same basis in the hands of the new
corporation as in the hands of the
old. Application is limited to cases
Evening star., 1923-12-29
WILL SING AT TREE
ON NEW YEAR EVE
Georgetown People to Gather at
23th and M Streets for
Second Fete.

At the foot of the Georgetown
community Christmas tree, 2Sth and
NJ streets northwest, a community
sing, similar to the one conducted
on Christmas eve, will be held on
New Year eve. Every one is invited
to take part in the singing of old
time carols. beginning at o'clock.
The tree, with a large electrically
lighted star surmounting it, has
been an attraction for the past week.
1t is lighted every evening from to
10 o'clock.
The sing on New Year eve will last
for forty minutes and musicians 8
have been specially Engaged to lead.
If the weather is inclement the sing
ing will take place in the Peck
chapel, opposite the tree. Thousands
Of handbills announcing the affair
have been distributed by the Boy
Scouts of Georgetown.
The tree was presented by Robert
Weaver and came from his estate.
1t was hauled and erected through
the courtesy of the Big Four Express
Company. The electricity and cleo
trical decorations were provided by
the Potomac Electric Light Com
pany. The permission to use the
grounds was given by Col. c. o.
Sheriff., officer In charge of public
buildings and grounds.
Evening star., 1923-12-29

where an interest or control OF 81
per cent or more in the assets trans
ferred remains in the same persons
Another section stipulates that
where assets are transferred To -
corporation in such a manner that no
gain or loss is realized from the ex-
change the basis of the assets for the
purpose Of determining gain or loss
from subsequent sale, depreciation or
oepletion shall be the same as il
would have been in the hands of the
transferrer.
The bill provides that the penalty
prescribed by section 220 of the ex-
lStinS revenue act for evasion of
surtaxes by corporations shall apply
TO the net income of holding corpo-
rations and all dividends received on
stock owned by them.
The section defining earned income
which the Treasury proposes should
be subject to a 25 per cent reduction
in taxes. reads as follows:
"The term earned income means
wages, salaries and professional fees.
but does not include that part of th..
compensation derived by the Taxpayer
for personal services rendered by him
to corporation which represents a
distribution of earnings or profits
rather than a reasonable amount a.
compensation for the personal serv-
ices actually rendered.
Evening star., 1923-12-29

not less than seven nor more than
twenty-eight members, appointed for
ten-year terms at salaries of $4,000
each, by the Secretary Of the Treas
ury, without Senate confirmation.
The board would hear and determine
cases involving the assessment Of
taxes, but both the government and
the taxpayer would be privileged to
appeal any decision TO the courts.
In dealing with deliquencies, the
bill provides that where there is no
evidence of fraud a penalty of only
interest at the rate of 1 per cent
a month can be levied. The present
law provides a penalty Of per cent
a specific penalty of $1,000 in addition
to interest at the rate Of l per cent
a month. Under the new bill the
commissioner OF internal revenue
where 1t Is apparent that the pay
ment of delinquencies would work
undue hardship, would have author
ity to extend the time of payment
not to exceed eighteen months.
Fix Interest Rates.
Specific provision is made that in
terest at the rate of per cent shall
be paid by the government on all
refunds of taxes illegally collected.
One Of the provisions placed in the
bill by the Treasury in it's effort to
stop tax lodging stipulates that
where property is placed in trust
but the creator of the trust re-
tains power to withdraw II, the in
come from the property is taxed as
belonging to the creator.
Another provision, which, 1t is esti-
mated, will increase revenues S8,000,-
900, would place taxpayers Of all
states on the same basis regardless
of state community tax laws. 1t
stipulates that where husband and
wife have a joint interest in property
acquired after marriage the income
from such property is to be taxed to
the one having control over IL. This
provision is aimed particularly at the
community tax laws of Texas, wash
ington, Arizona, Idaho, New Mexico,
Louisiana, Nevada and California,
Evening star., 1923-12-29
TELLS OF PROGRAM
OF TRAVELLERS AID
A. c. Moses, in Radio Speech,
Recounts Many Details of
Service Given.

How the Other Half Travels" was
the subject of an address by Arthur
c. Moses. president of the Travellers
Aid Society. which was broadcast
last night by the Radio Corporation
of America by its station here, WRC.
Mr.. Moses cited some interesting
stories Of how young girls. lured
from their country homes by un-
truthful matrimonial advertisements,
and children travelling alone. had
been saved from possible danger by
workers of the society.
Years ago." said the speaker. "a
short railroad trip was an suspicious
event for most people. Today the
whole world travels. A great many
women travel alone and the increase
in unaccompanied children making
long journeys is amazing. They are
perfectly safeguarded, however. when
placed in the custody of the Travel
ers' Aid. In the United States there
are 160 Travellers Aid Societies, and
there are 75S cooperating repre-
sentatives in other cities who work
with the society in accomplishing
its specific service to travellers. There
are in Canada and Europe 566 more
ing hand.
Society Wants to Serve.
IF you know of any young. un-
protected person travelling alone, call
on the society nearest to where you
live. II you know of any one sick
who has to travel, bear in mind that
this sociey will help them all tho
way along the route. If your child
suddenly disappears from home.
notify the Travellers Aid Society. If
an old person wanders off, call on
them, and IL in the course of your
travel you see some stranger who
looks bewildered or troubled and
whom you feel you cannot help. re-
member that there is some one who
can do it for you-it is the Travellers
Aid Society.
Thousands of travellers lost their
tickets and their money; other
thousands are physically disabled.
Again, additional thousands are met
at trains and stations by Travellers
Aid workers and protected on their
journey. The number of stranded
travellers is appalling. Cooperating
charitable organizations and philan-
thropic hotels make it possible to
give them material aid
Evening star., 1923-12-29

Following closely the recommenda-
tions previously made by Secretary
Mellon, the complete text OF tho new
tax bill, as made public yesterday by
Chairman Green Of the House ways
and means committee, contains sev-
eral hundred amendments to tho ex-
isting law. Many Of those arc OF an
extremely technical nature and are
designed to put an end to evasions;
while many others deal with the
changes urged by Secretary Mellon
in income and other tax schedules.
Tho ways and means committee Is
to meet again as soon as Congress re-
assemblies on January 3. to resume
consideration Of tho extensive and
sweeping revisions proposed by the
administration.
Mr.. Green made public the text of
the measure after a proposal for pub
licity Of its provisions had been the
subject OF a heated discussion in a
subcommittee on Thursday. Demo-
Representative Garner OF Texas, the
ranking democrat, had insisted that
the detailed provisions be laid before
the public. but until yesterday the
their demand. Mr.. Green said his action
finally was prompted by knowledge
that the contents of the measure
were known to many outside the COM
Other developments in the situation
included:
The announcement by Mr.. Garner
that he would formulate a tax re-
essentials from the Mellon plan. for
presentation to the ways and means
committee.
Renewal Of the effort of former
| service men to force an early vote
in the House on the soldiers bonus.
Predict. DIVIDEND Tax.
Mr.. Garner predicted that some
way" would be found to tax stock
that $735,ooo.0oo revenue could be re-
leased annually through taxes
| against which there would be no
complaint from the general public.
absorbed by repeal or readjustment
| of other rates burdsnsome to the
| public.
While opposed to the bonus, he
predicted that an adjusted compen-
the position of President Coolidge and
| Secretary Mellon on such legislation.
A conference Of republican House
members on the bonus question
plan OF a group OF war veterans who
are insisting that the ways and means
committee be instructed to report
bonus bill. Representative johnson
| OF South Dakota was engaged In cir
| culating petitions for the conference.
So far the bill has been the subjec,
of only a preliminary study by the
committee, which has made no at
II any, changes It will mako before
| tho measure is reported to the House
1t has been agreed, however, that
passed upon FIRST, before any atten-
ton is given to Mr.. Melons pro-
posals for changes in tax schedules
One of the principal revisions pro-
vided in tho bill is a reduction of
surtax rates so that the surtax would
begin at l per cent on net incomes
from $4,000 to $4,000; would pro-
Evening star., 1923-12-29
THE WEEK
EpitOme OF Events Up to
December %.
FOREIGN.


Puebla evacuated by Mexican reb-
els. Venizelos invited to renew con-
troll of Greece. Japan insists China
must pay for radio trade. Poincare
rushes new reparations deal with
Berlin. Mexican deputies charge that
Obregon caused Mexican revolt
Poincare is given vote Of confidence.
Rumania welcomes exile Greek royal
couple. Rebels advancing upon
Mexico City. Free state jails
emptied for Christmas VenizeIos
to return to Greece. French dirigible
and crew adrift. Germans ask end
of Rhine barriers. Communist plot
charged in Spain. Missing dirigible
believed in Africa Obregon at front
to lead new offensive. Allies pre-
pare to occupy Canton in customs
row. Assassin's shot narrowly
misses Japanese prince regent. Ha-
tired for United. States flames in China,
boycott looms. French dirigible still
adrift. New peace move made in
Mexican revolt. Captain OF French
found drowned in sea; no
trace of airship. Obregon. troops
evacuate Puebla. Clash in Canton
seems inevitable. Japanese cabinet
resigns.
Evening star., 1923-12-29
BANDITS SEIZE TOBACCO.

NEW YORK. December 29.-with
crowds pressing about them, three
automobile bandits yesterday forced
a truck driver and his helper at pistol
point to abandon a $4,000 cargo Of
tobacco belonging to r. Lorillard 6
Co, while it was being conveyed
through the congested East Side.
One of the trio drove away the
truck which later was found empty
and abandoned. The truck driver and
his companion were forced into the
bandits machine, taken far up town
and dumped"
Evening star., 1923-12-29
WILL ACT ON McCRAY.
Indiana State Committee to Decide
on Stand on Resignation.

INDIANAPOLIS, December 20
Clyde A. Walb, republican state
chairman, announced last night at
the close Of two-day conference
with party leaders that the state
committee will meet here next We'd
nesday at IL o'clock for the purpose
of determining whether the party
will formally sustain his action in
demanding the resignation Of Gov.
McCray.
Mr Walb declared that he is posi-
tive most Of the members of the state
committee will support his stand de-
manding the governors retirement.
Evening star., 1923-12-29
CHILD BACK IN ROME.
Envoy and Mussolini Confer o.
U. S. Public Opinions.

ROME, December 20. - Richard
Washburn Child the American am
bassador, who returned from the
United States Thursday, and Premier
Mussolini had conference which
lasted for more than half an hour.
The premier was most interested
in American public opinion as regards
Italian affairs, and requested Mr..
Child to return to see him so that
tho conversation might be continued.
1t ts expected they will meet again
on Monday.
Evening star., 1923-12-29
NOTED SCIENTIST DIES.
DIR. Otto Klotz of Ottawa Was I'll
for Long Time

OTTAWA. Ontario, December 29.-Dr.
Otto Klotz, director of the Dominion
Observatory and one of Canada's most
accomplished scientists and distin-
guished public servants, died last
night after a brief illness.
He was seventy years old.
Evening star., 1923-12-29
DISTRICT OF COLUMBIA.

Two thousand liquor buyers face
charge as police scan lists of high
officials. Cathedral appeal is made
general. Consolidated ticket office to
be abandoned. Washington post Of
fee has banner day. Glover signs
over park to District. Liquor list
denied. President opens Christmas
rites in Capital. Fifty shop girls re-
ceive roses from Mrs. Coolidge. Trey
calls for aid in locating liquor list
that has vanished. Many Christmas
charities performed in District. Dis
trict celebrates Christmas. District
surplus revenues claim held just by
Senator Phipps. District bankers get
highest pay. Stringent law govern
ing dental practice In city asked by
dental board. Two drown as car
plunges into tidal basin. Oyster
promises to find rum list for prose-
cutions. Jewish Chautauqua Society
opens convention here. Rum list re-
ceipt found, signed by United States
special agent. Injustice of auto
property tax Cited in protest to Sen
ator Ball. I. c. c. denies 1t can fix
rules for car line depreciation.
Change in school hours suggested.
Kappa Alpha convention here ad-
dressed by William Mather Lewis.
Sociological Society holds convention
at Willard. Extension urged for Gath
street. War on rum part of drive
on big eastern ring. Drastic shake-up
on police force.
Evening star., 1923-12-29
NATIONAL.

Officials see soviet trying to mis-
inform United States. Bryan says
Ford hurt President Coolidge in his
move. New step made in Anglo
American liquor treaty. Slemp makes
plans to rest in south. Coolidge not
to fight for Farley's nomination.
Leviathan lifted from bank of mud
after stranding. Ford support paid
for, says Johnson. Rum runners defy
revenue cutters in handling Christ
mas liquor. Twenty-seven war
prisoners given freedom. May again
submit Ship oBard names to Senate.
Army given 1000 reserve officers
Senator King asks United States en-
ter world court Lieut.. Wood, son
of Gov. Gen. Wood, makes S700, 900 in
stocks; halted by father. Storm on
Pacific takes four lives. Modernist
stand in church row called dishonest
Admiral Coontz says United States
fleet lacks personnel. Fall says Nc
Lean loaned him 100000 for ranch
deals. Seventeen burn to death as
fire RACES asylum in Chicago. Clarke.
builder of the Ku Klux klan, asks
Presidents aid in crushing organiza-
ton. Wood ease is made basis OF
warning tekArmy officers by Weeks.
Officers denoted for Honda wreck.
Friends of Woodrow Wilson give him
auto on siXty-Seventh birthday. Jones
would end Ship Board rule of mer-
chant marine. Mellon tax bill in
original form given to public.
New Britain herald., 1923-06-05
MERCHANDISE
Teriili1srs. seo.is. I.lants

-Yesstabir srsds 0f quality, Al sale ana Ns gaalsutes high ssFIaiHs- ii0n, Ne hshdls tas pE0psT aaFasly fRI this logslilE, Ne tan elimiRate the sncsF- isiHtk ard lnf convenience ef the mails iH aaaliioR 70 quoting E9a lQssg pFiCFs aafklilis BFes, e., thg,, faEk < Bisslsg SIS, Rhene lels,
 SPRAY MATERIALS This ls tls lime ts spray fanF trees snd vines for aeTnsRt spFagi llgata lims, sulphur and dry lime sulphur haekllhe RFRs Inc, Park and tiiselOs sts PhsRs leTs, sEEps-Get your seeds in season, AssoFt- meRi eemPisie, prices iaR, st LehEers ., lG6 East Nam St,
New Britain herald., 1923-06-05

PLAlNV1LLE--2-family house, big lot with fruit trees and garden; price $500. A. panielson, lSl Main St; Tel. 3s7-2.
New Britain herald., 1923-06-05
Real Estate For Exchange se

FOR SALE or will exchange farm for city
 property. Call 1S31-15.
New Britain herald., 1923-06-05
MERCHANDISE

BABY CHICKS fed the Purna way grow twice as fact and make the best layers Ask for Purina Baby Chick Chow ant Chicken Chowder. Sold by N. B. Bird 6 Feed Co.,, l0B Arch St.
New Britain herald., 1923-06-05

BOARD AND ROOM for two young
 73 Russell St.
New Britain herald., 1923-06-05

WOOLENs and silks in high grade ma terals only, in the latest designs for blouses skirts and capes. A. Pizer, 70 w Main St. Phone T71.
New Britain herald., 1923-06-05
REAL ESTATE FOR SALE l

PLAINVILLE real estate. bought and sold. Mortgage loans. Skinner. Smith Co.,, Neri block, Plainville. Phone 4l-s,
 REAL estate. Tell us what you want. wen get 1t. Real estate Ten us what you have. We'll dispose of IL. Cunningham & Wnlnger. Plainville, Conn. Neri Bldg.
New Britain herald., 1923-06-05
Suburban For Sale

PLAINVILLE-New bungalow, Just com pleted; low price. A. Danielson Co.,, l31 Main St.. Tel. 3s7-2.
New Britain herald., 1923-06-05
BUSINESS SERVICE
Isepsirins and Plano Inning

SCREEN nnaRs and wiRdaN serene. nenhEE nsiliag, laEn mnwsrs. Flarenee and PeFfe0iiOR ail stores. ErlPsan A inhnsoR Si Dwight s.
 STRUCK RV IaHTIiN5 = Ten dead panas restored "a usffulness. e. Al. heAehFeli Quality Tuner Eel 2sll,
New Britain herald., 1923-06-05
 Professional Services
Repairing and Piano Tuning

LAWN MOWERS--Sharpenlng and repair ing. Horse and motor drawn. all sizes, our speciality, machine work, welding, brazing, cutting. carbon burning and all kinds of edge tools sharpened. Fritz & Brendt, reGr 31 Greenwood St. Tel. 153-12. PIANO tuning. Am still tuning pianos? should say am. F. V Streeter. P. o. Box 596. Phone 1903.
New Britain herald., 1923-06-05
Dyeing and Cleaning

CLOTHES called for and delivered by The London Valet Service. le London Shop. Phone 5S5-3, Elm corner Main St. CLEANING and dyeing is our exclusive bus iness. Garments of all descriptions. draperies, portieres, curtains, cleaned or dyed. satisfaction guaranteed. New Brit aim Dry Cleaning Corp, 96 W. Main St. Phone 1323-3.
New Britain herald., 1923-06-05
EMPLOYMENT
Help-Agents Mantn,i

sALEsFEoPLE-why ray hiaheF whole. sale prices when you can hny the old reliable Rawleigh Line of i5l Household ana Food Products. Extracts, spiees. Foaps Toilet Articles, ete,, for less and set everything you need n make largest Sales and Profits iIustlsrs make tl .0O hour ana nn Largest company, Ii mil. Hon capital Moro City and Town Sales, people wanted now. Write ?, l.. Ashley, popt, ss'i, w. T. Rawleigh G.. Free, port, III.
New Britain herald., 1923-06-05
EDUCATIONAL
Instrumental and Vocal

hslihNHhiai ana vocal dh PRnF, Myfan Kafykara -raiee culture, glailn' piano, mandolin and guitar studio, sAs Man s. SeH Britain, Tel ssssss. MANDOLIN, hania aknlele, Correct modern lhslFafilan, z, c, Benson Barker Roath's s hlaek. Tel, sAaa, Tn New Britain Tuesday, Thursday, Friday and Saturday
New Britain herald., 1923-06-05
EMPLOYMENT
neIn-Momea M aIlled

 s9R6Na young woman 4antfd far klsahsr NerS, ARplE sl N V, q, A, Hunger iaTd Court WaNAN 70 aa washing, ironing and elssn- ing i've daFs a week, Call lis Carlton st. ar Nh, kessirk ai 2ae k MalR st WOMAN wanted 10 lake home waskins ana iFaning. Inquire si Trinity si, WOMAN ts aa washing ana cleaning in family Of three times . week Cal ha- fore n a'rleak at ti HaFnsaR S., Mrs. Hawkins,
 ifeip-sien Or Women A MAN OR WOMAN sanvasssT 10 take auto mahils census, Must have experience and nhaers'ana fellsh' Address Rag ssWH, Herald eitne,
 Situations wanted-wnmen IS HlaH scHaoL eiFl wishes 10 iaks care af ehlld, Tel, sso.
New Britain herald., 1923-06-05
Musical Instruments

BANJO, mandolin and violin for sale. h. quire Salvatore Squllace, 394 Park St. Phone 1S33-5.
 COLUMBIA PHONoGRAPH. upright model only slightly used and in new condl- ton throughout. Selling for $50 with a one year guarantee. Sold new for $40. John A. Andrews Co. Big Furniture store. DURING our eight day sale, all used photographs reduced; guaranteed same as new and sold on our usual small week ly payments, Widener's, 13s Main St. GULBRANSEN PLAYER PIANOS Solicit a ten minute playing test to demonstrate the superiority of these famous instru- nents. A test will convince anyone Easy to play and easy to pay" Henry Morans, 565 Main St. Opp. Myrtle St.
 kRANICK X BACH, Newby & Evans. Les ter. Kohler & Campbell pianos. We have sold this line of pianos for over 30 years We guarantee. .. l.. Pierce.
 PHONOGRAPH--Used but months and in a new playing condition; splendid ma hogany upright cabinet, with several rec ords, only SIS. Wideners. 13S Main St.