The Omaha morning bee., 1924-03-01

said. He, it seems, knew nothing
about it.
1, Another copper concern, the In
spiration Copper company, yester-
day followed the example of the
big Anaconda, and skipped its divi-
dend. That means bad salesman
ship and not enough advertising. II
the copper men would explain,
through advertising in. plain
language what copper means and
what it saves on building, no COM
pany able to produce copper at 20
cents a pound or better, need lack
business.
The convenient fummery that
permits lawyers to withhold infor-
nation concerning clients as
secrets and sacred" should be
ended.
As things stand now "a big legal
rascal, helping a bigger corporation
rascal to conceal his stealings, rises
solemnly in court to say, This is
sacred confidence between lawyer
and client"
There is no more reason for such
sacred confidence between lawyer
and client, where crime is COM
mitted, than there is for sacred
confidence between burglar and
pawnshop keeper.
When a pawnshop man helps.
burglar to sell his loot he is COM
PEELED to tell about it and refund.
A lawyer helping corporation to
steal property from the government
should also be compelled to tell all
about it.
There isn't any "sacredness" in
theft.
So TIE franc, while little stronger
yesterday, is still dangerously weak.
But be careful how you go : ort"
of French currency. The French
have a great deal of real money.
They can, whenever they choose,
cut off the cost of extravagant
military spending, the subsidizing
of Poland and other military
powers. The French are naturally
most economical and on the aver
age the richest people in the world.
1t won't pay in the long run to sell
France or its money short
London police discovered a new
drug, that secures its victim in a
new way. By inhaling the odor of
this "perfumed alkaloid," the drug
habit can be established and the
perfumed drug leads gradually to
cocaine, etc.
This is new in the drug world,
although since the days of Anthony
and Cleopatra, men have been lured
into making fools of themselves by
perfumes Of various kinds. Old
Bunyan, in his book on the "City of
Mans Soul" told of the gates to
that city, "eye gate, mouth gate,
nose gate" etc.
Trouble comes through any of
these gates and takes possession Of
the city.
+, A 40 per cent tax in inheritance
would be foolish in various ways.
First, the tax would be evaded.
+. Extravagant taxation defeats it
I self.
f Second, such tax is not neces-
sary in this country, where entail OF
estates is forbidden.
Young people that inherit money
may be depended upon to scatter it
T swiftly enough.
Leaving vast sums Of money to
children, making work unnecessary,
Is the most harmful thing that
+ could happen to them. But 1t IS
still more harmful to the general
+ public to discourage the country's
ablest men. Their ambition, just
now, is to pile up money, which
they don't need and which will spoil
their children. But if they want
it let them have it.
Ar African chief that kills lion
wants 40 fat black wives. Let him
have them. The lion killing is the
important thing.
Did you read of that discovery
clause" invented by kind-hearted
democrats, during the Wilson adj
ministration, to save big oil com
panies from big income tax?
Briefly, about $300,000,000 have
been taken from the public fund on
this basis.
A company with big oil properties
is allowed to say, "It's true, | am
making a great deal of money. But
nv oil supply is diminishing. Each
dav. / have less oil than / had be-
fore. Therefore, | must have an
income tax allowance for deple-
ton"
So oil companies, coal mine COM
panies, and others escape income
tax through depletion"
What about the doctor, the mer-
chant, all workers, that own no oil
wells, owning their own bodies and
brain?
They are not allowed to charge
depletion against their income.
The workers brain and body
certainly are depleted as the years
go by. The man of go has at the
+ most a prospect of 10 more years
TO work, and perhaps another 10 to
die slowly. But he can't charge any
depletion.
His income is taxed to the full.
The oil scandal is bringing out
MANY valuable truths, and incident
ally, it has hit the rascals in the
democratic party at least as hard
ffxt