davidaulloa/AmericanStories huggingface dataset:
The Daily Alaska empire., 1927-10-18
RESIGNATION OF B. JOHNSON
 IS ACCEPTED
American League Board of Directors Act No
 Successor Chosen

CHICAGO, H.. Oct. IS. - The The resignation of Byron Ban croft, Johnson. founder and President Of the American Base ball League, for 27 years, has been accepted by the Leagues Board of Directors.
 Frank Navin, Vice-President, said he will take charge until meet ing the Board of Directors is called to elect Johnson's success or
The Daily Alaska empire., 1927-10-18
Frosh FootbaH Player Found Dead on Field

SPRINGFIELD, H., Oct. IS. When tacklers untangled themselves from John C.. Clark. IA year old high school freshman who was returning a kickoff in a football game, they found him dead. Doctors said death was due to heart trouble.
The Daily Alaska empire., 1927-10-18
UNITED STATES DEPARTMENT OF THE INTERIOR GENERAL LAND OFFICE
 U. s. Land Office,
 Anchorage, Alaska.
 Auu,,c< % 1nO7

Au6uct Svs Notice is hereby given that Marie w. Peterson, entrywoman. together with her witnesses, Car. Olson. and Lockie MacKinnon, all of Juneau. Alaska. has sub mitted final proof on her home stead entry, serials 04630-0585S for land embraced in H. E. Sur vey No. 167.s New Series No. 146s, and 1t is now in the files of the U. s. Land office. Anchor age. Alaska, and if no protest is filed in the local land office at Anchorage, Alaska. within the period of publication or thirty days thereafter. said final proof will be accepted and final certi- ficate issued,
 J. LINDLEY GREEN. Register. Date of First Publication, Sept.
 21, 1927.
 Date of Last Publication. Dec.
 1, 1927.
The Daily Alaska empire., 1927-10-18
SEALS PURCHASE
 PITCHER THURSTON
 FROM WASHINGTON

SAN FRANCISCO, Oct. 1S.-- Hollis Thurston, right-handed pitcher, has been purchased by the San Francisco Seals from the Washington Senators. Charles Graham. vice president, telegraph ed word of the purchase to his associates here. Thurston form erly pitched for Salt Lake, going from the Coast League to the St. Louis Browns in 1923 and later to the Chicago White Sox, He will report here next spring. Pur- chase price was not announced.
 Old naDprS for ea-,- a, Tho y-pn;~e
The Daily Alaska empire., 1927-10-18
IDAHO WILL TRY
 TWO CAPTAINS IN
 CONFERENCECAMES

UNIVERSITY OF IDAHO, Mos COW, Oct. 1S.-The problem of a football captaincy at Idaho has been solved. Coach Charlie Erb has appointed two men to serve in tho capacity of captain. One is Red Jacoby. quarterback, who
The Daily Alaska empire., 1927-10-18
ALASKA DAY DANCE
 IS GIVEN TONIGHT

The Alaska Day dance, featur- ing the obseryahce of the Day in Junead, will be given tonight in Elks Hall by the Pioneers of All aska and the Auxiliary. Dancing will statrt at 9:3O o'clock.
 Federal and TerritGrial offices are closed today but otherwise business is moving as usual.
 In the public schools, special A..ska Day programs are being featured this afternoon.
The Daily Alaska empire., 1927-10-18
BENNY BASS WINS
 FAST 10 FOUNDER

PHILADELPHIA, Pa. Oct. 1S.- Benny Bass, of Philadelphia, last night defeated Mike Ballerino, of Bayonne, in slashing 10 round bout.
The Daily Alaska empire., 1927-10-18
! .T1 I.KL'lI'0N IosES SCRAP
 TO MARTINEZ

r''W Ycn... Oct. 1S.-Hilario Mattine2. # pain. was last night awasdsti the jndge's decision over Jack. Eri,lcn. former woltcrwcight o.i...l.l .on. il a tn round event.
The Daily Alaska empire., 1927-10-18
Alaskan

Victor Koski, city; M. M. Hig gins, J. Galbreath, Windham Bay
The Daily Alaska empire., 1927-10-18
] '!.| :! s2ssS'
If you want to get back Take a tire and jack.

JS0 VNAAe w DIV Se<NAA
 Take a tire and jack. YOU'LL need an extra tire II some day and if you haven't
 got it you.il remember every word of this ad and just how earnest the auto-doctor looked when he said to you you want tc get back" We'll sell you dependable, lively tires that will give you mileage service. Let Service Lucss's" Auto. Doc. tor look after your cars health JUNEAU MOTORS, Inc.
 PHONE 30
The Daily Alaska empire., 1927-10-18

v HOW'S YUuk ROOF?
 If you need shingles for it.. remember Femmer has them at a price that is right. adv.
The Daily Alaska empire., 1927-10-18
AT THE HOTELS
Gastineau

Gastineau E. c. Kibby, Don Gallagher and wife, John E. Cahill, Haines; c. L. Emmons, Haines.
The Daily Alaska empire., 1927-10-18

old papers for safe at rne Empire
The Daily Alaska empire., 1927-10-18

Old papcrs for sac ar The Emp:re
The Daily Alaska empire., 1927-10-18

old papers for sale at The Empire.
Evening star., 1927-10-23
The New Plan for Cutting Taxes

tax cut amounting to about $7,500, 900.
Under the Green proposal it would
receive $3,100. A corporation with
net earnings of $1,000,0 900 year would
benefit to the extent of $35 900 a
year by a cut in the rate to 10 per
cent; one with $500,000 would pay
SIT, 500 less taxes, and one with $780,
600 would get cut Of $780," Under
the Green program each would re-.
ceive but $3,100.
Officials Of large corporations are
endeavoring to head off the Green
proposal, but thus far have made no
organized move to do so. Their chief
argument to date is that the. program
discriminates greatly against the small
stockholder in the big corporation
and in favor of the large stockholder
in the smaller corporation. The con-
tention has not been placed formally
before the committee, but it will be.
Here is how the Green plan would
work out as these officials see it:
Take a closely held corporation
with capital of 100000 and net in
come of $4,000. The owner Of this
stock would receive the full $25,000,
entirely free of corporation tax.
Take the holder of stock in, say.
the American Telephone & Telegraph
Co.. which incidentally, has more
than 100000 stockholders. The earn
ings of that company would be taxed
1874 per cent and the stockholder
would receive not 100 per cent Of the
net income 0ess whatever portion is
held as undivided profits. but S61A
per cent.
In other words, the big stockholder
in the small corporation would re.
ceive, in dividends, virtually the en-.
tire net income Of the corporation,
while the little stockholder in the big
Evening star., 1927-10-23

corporation would be called on to pay
1914 per cent in taxes before net in.
come were available for dividends.
Against this argument proponents
Of the plan assert that it would grant
boon to the thousands of strug-
Cling concerns throughout the country
who can now least afford to pay a
heavy tax, and that it would tax only
the prosperous concerns which can
best afford to pay the tax. There has
appeared to date no answer to the
charge of alleged discrimination
among stockholders.
If the Green proposal is adopted, 1t
would remit nearly 500, 100000 in
taxes now being paid by corporations
whose income does not exceed $25, 900
a year. Such is the result indicated
by the latest available figures from the
Treasury covering tax returns filed
last year and covering 1925.
To that 500, ,000, 900 should be added
a further remission of about $3,100 in
taxes to each of about 10000 corpora.
tions with incomes of more than
$4,000. In the case Of that group
the total tax remission would be near
ly $125 100000. For the two groups
the total cut brought about by increas-
ing the exemption would amount to
nearly 100000.
That figure, as stated, exceeds the
prospective Treasury surplus for next
year by $10,000,000. There are indica-
tions, however, that the estimate of
the surplus will be revised to indicate
larger surplus than $215, ,000, 900. and
on that theory some of the admins
tration leaders in Congress are advo.
eating a tax cut Of $500, 900. 900.
Assuming that Congress should de-
eide to cut taxes by $500, 0,000, 900, the
Evening star., 1927-10-23
He Prepared for Good Times


the hands Of q receiver, that,
however serious things may bs
for the moment, the common
sense Of mankind will finally as.
sert itself and good times will
follow bad.
The wisest investors and specu-
iators have always recognized
that truth. In one Of the French
revolutions. Baron Rothschild
received a call from a young
man who had recently inherited
quite a sum Of money and
wanted to know how to invest
it safely.
"Buy French bonds" said
Rothsehild.
"But, Baron, the cutters Of
Paris are running with blood"
"That." replied the Baron, "is
why you can buy them for 30
per cent Of their face value"
Caesar, launching out into the
storm, read in his boatmen's
eyes the dread that they were in
for q bad time which would
probably be their last.
"Fear not" said he, "you carry
Caesar and his fortunes"
You may call that faith, or
fataIisnn, or confidence, a. you
will. The name makes little diff
ference, If only one can get
little Of it and hold on when
everybody else lets 90.
Evening star., 1927-10-23

A T the dinner table we were
" discussing a certain man
~ who had built a great in
4 a dustry and contributed
much to his city.
"He had an inexhaustible
capacity for work." said a life.
long friend, "and a remarkable
ability to select and train men,"
Another man, also a lifelong
friend, nodded his head in agree
ment. ~ give him full credit for
both Of those qualities" he said,
'but would add third char.
aeteristie and put it ahead Of the
other two.
"rhe thing that impressed me
most was that he invariably en-
larged his plants and his plans
in periods Of depression. When
other men were hopeless, he al
ways prepared for good times"
One Of the few permanent
benefits that came to us from the
war was q certain hardening OF
our nerves. Twenty years ago,
when it was reported in the
newspapers that J. p. Morgan
was III, the stock market sold
off. Now the papers may carry
reports of international eompli-
cations and q dozen caIamities,
but we refuse to be stampeded.
We have made considerable
progress toward the realization
that the world 10 not going into
fCopyrif
Evening star., 1927-10-23
Toxic Seen Reviving
Old Policy in China

Japan's new policy in China"
seems to be the most popular food
both for news and editorials in the
Japanese newspapers these days. AS
matter of fact, there Is no policy.
The so-called new policy is the old one
which was inaugurated after the
war and which gave
Japan foothold on the continent.
The policy then established by to-.
Yamagata, Inouye, Saionji. Oyama
and Matsukata was "WeIl never let
loose" but Saionji, the last of that
group, has instructed Tanaka, the
premier. to make "We1l never let
loose our hold on the continent" the
slogan Of the government party Of
Saionji and Ito.
Evening star., 1927-10-23
BY HAROLD G. MOULTON,
Director, Institute of Economics.

The reparation and debt issues, It is
now conceded by all close students of
the question, have not been solved.
They have merely been laid upon the
table by means of adjustments de.
signed to postpone the coming to grips
with the real issues until a more pro-
pitious day.
Settlements made have in their final
erect called for the delivery Of stu
pendous sums from distressed CONT.
mental countries to the United States.
The statesmen Of the allied world de-
cided that Germany must pay for all
damages done 'by land, by sea and
from the air." then in 1921 submitted
a bill aggregating $4,000, ,000,0 900, re-
quir1ng Germany to begin paying at
once at the rate of approximately
$1,000. 100000 year. The statesmen
Of the United States permitted
breathing spell Of about four years
before pressing American claims.
They then laid down the principle in
the World War debt funding act that
all the war debts to this country
should be paid in full, with interest
at not less than Az per cent. Great
Britain would be merely a transfer
agent between the Continent and the
United States.
health and prosperity by starting a
flow of wealth from central Europe
and thence to the United States proved
utterly disastrous. The German finan-
cial and economic systems broke
down and the nation went into. the
hands Of foreign receivers, so to
speak.
The lesson learned from the repara-
ton calamity proved distinctly useful,
however, in connection with World
War debt negotiations. The later set
Elements were ostensibly based upon
the principle Of capacity to pay, and
called for merely normal payments in
the first few years, thus providing for
a virtual moratorium, during which it
was hoped the major difficulties with |
which European nations were con.
fronted might be satisfactorily ad- |
justed.
Since 1924 much improvement has
occurred in Europe. But since 1924 |
the impoverished nations of conti-
mental Europe have not been trans /
ferring wealth to the prosperous
United States. On the contrary, the
United States has, through vast new
oans, been helping Europe to get back
on her feet. The loans Of the outside
world to Germany have greatly OK.
Evening star., 1927-10-23
BY G. GOULD LINCOLN.

n YAvY DAY, 1927, takes unusual sig.
n niicanca. The people of America
VI called upon to consider on that day the
l. needs of the Nation on the sea- Thurs.
day, October q, the birthday of President
Theodore Roosevelt firm friend Of the Navy
always is set aside particularly for this OBJ
servance. The Navy League is sponsoring the
celebration in every part and every city Of the
country.
Navy day this year takes on added signif.
cance for several reasons. First, it Is appar.
ent through the failure of the tri-power naval
conference at Geneva last Summer that there
is to be no immediate limitation of naval
construction. That is, no immediate limitation
except that provided in the treaty OF Wash
ington, governing capital ships and air
riers.
Second it is just decade since the United
States Navy was called upon to play its impor-
tant part in the World War. 1t is just a
decade since the American people were called
upon to pour out 5000 million dollars to pro-
vide a bridge of ships" across the Atlantic
Ocean, bridge which passed men, muni-
tions and supplies for the armies Of the allies
and associated nations and for the peoples of
Great Britain, France, Italy and Belgium.
Within a few weeks the new Congress
meets. With the advice of the President the
Congress must determine what is to be done
for the Navy. It must decide too, what is
to be done for the merchant marine OF the
United States. The second problem bears
carcely less upon the well-being and safety of
the Nation than does the first.
For "sea power" divides itself into two
phases. First, the armored and armed ships
of the naval service and the aircraft attached
thereto. Second, the overseas merchant ma
rine, capable of acting in time of emergency
as the right arm of the Navy, and in time OF
peace as the carrier of American goods to all
parts Of the world Without adequate "sea
power" the United States cannot maintain its
position of world leadership. Without "sea
power" the United States becomes impotent in
world affairs, is forced to become self-contained
and finally becomes vulnerable to the attack
Of other more farseeing maritime nations.
The United States since the Washington
conference on naval limitation and problems
of the Pacific, has been content to allow other
sea powers to outstrip it in the construction
of new naval craft, particularly speedy and
powerful modern cruisers, destroyer leaders
and submarines with a wide cruising radius.
This situation came prominently to the atten-
tion Of the country during the Geneva naval
limitation conference this year. 1t was found
that in craft other than capital ships and air.
craft carriers the 5-5-3 ratio had gone into
the discard. Great Britain, under the ratio
supposedly the equal Of the United States, and
Japan, supposedly on a 3-to-5 basis with this
country, both have laid down and constructed
powerful modern cruisers in excess of the
United States. What are Congress and the
President going to do about it?
Ever since the close of the World War the
problem of the overseas merchant marine has
pressed for consideration. BY the enactment
Evening star., 1927-10-23

Green plan, IL adopted, would call for
1925 100000 Of that total, leaving but
$75, 100000 available for other forms
of tax reduction.
Such a sum would permit the elimi.
nation of the automobile excise tax
alone, but would not be sufficient to
include the abolition of the admis.
sions, club dues and other nuisance
taxes.
The SIS, ,000, 900 would be insufficient
to cover the loss to the Treasury from
repeal of the Federal estate tax, which
last year produced about 100000, 900.
Again. the SIS, 200, 900 would be too
little to permit of a real reduction in
the corporation tax rate. A cut of
only / per cent amounts to about
$100. 200, 900.
From the estimate of the surplus it
would appear, therefore, that enact
ment of the Green proposal would pre-
clude any other form of tax reduction,
with the possible exception Of the au.
tomobile excise tax.
Secretary Mellon IS represented as
being opposed to the entire elimina-
ton of the automobile excise and
other nuisance taxes. His reported
advice to advocates Of repeal has
been to work for a reduction OF the
tax-to take off part of it, rather
than all.
Mr.. Mellon also is in favor Of a re-
duction, If warranted by the state OF
the Treasury, in the corporation tax
rate. He is likewise on record as fav.
oring the repeal Of the Federal estate
tax.
AS those proposals clash with the
Green plan for reducing by exemption,
another encounter between the head
Of the Treasury and the chairman OF
the ways and means committee ap.
pears in prospect. Mr.. Mellon has
not, as yet, outlined his ideas as to
how taxes should be cut and Congress
and the public are uniformed, at the
present, as to what the newest MEL
lon plan" will embody. But whatever
it is. it Is certain of strong support
by a host of business interests who
are willing to take the Secretary's
ideas ahead of their own and support
without question any tax plan he
may propose.
Some time before Congress con-
venes, Mr.. Mellon probably will break
his silence on this subject. In the
past he embodied his views In letters
addressed to the chairman Of the ways
and means committee and he is likely
to do so again. While no one has
authority to speak in advance for
Mr.. Mellon, there is a fairly definite
impression among business interests
that he will advocate:
First, modest reduction in the
corporation rate.
Second, repeal Of the Federal in
heritance tax.
Third, reduction in the so-called
nuisance taxes. including the per
cent tax on automobiles.
There Is likewise definite and
clear-cut impression that Mr.. Mellon
will not advocate an increase in the
exemption allowed corporations and
will make no reference to Mr.. Green's
pet plan. It has been the consistent |
policy Of the Treasury to advocate q
small tax on large number of indi- |
Behind that is the theory |
that such tax quickens interest in |
national affairs on the part of the |
rank and file of American citizens.
The same theory holds for the |
smaller corporations. Every one, in |
the Treasury's view, should pay some |
kind of tax, be 1t ever so small. The
Green proposal Is directly at vari-
ance with that policy.
t<s1- s---.sse. fCopyright. 1o27.l aShl l4.Aizk
Evening star., 1927-10-23
Primitive Trade in Balkans.

Primitive methods of barter and
trade were used in a recent interna-
tiona1 exchange Of commodities be-
tween Czechoslovakia and Bulgaria,
in which 100000 pounds of Bui-
garian tobacco were traded for asYi-
cultural machinery manufactured. in
Czechoslovakia. After the preliminary
agreements had been reached, a dele
cation from the Bulgarian agricultural
department and the Bulgarian Asf.ssl.
tural Bank visited Prague, wners the
was inspected and ordered.
The machinery was supplied by man.
ufacturers who had been notified by
the government, which holds the to-
bacco monopoly. to assemble the agri.
cultural implements.
Evening star., 1927-10-23
WAR DEBTS AND PREPARATIONS
ARE STILL TROUBLING WORLD
Final Disposition of Settlement Has Been POSTPONED
for Future Consideration, But Allies
Must Finally Face Problem.

ceeded the payments made by Ger.
many under the Dawes plan. And the
loans Of the United States to the rest
Of Europe-Great Britain aside-have
been enormously in excess Of the small
sums that are currently payable under
the terms Of the debt settlements. I'm
a word, the flow Of wealth has Of late
been from rich to poor. and the latter
have in consequence been looking up.
Instead Of iquidating Indebtedness
to the United States, Europe has been
fncurring an enormous volume of new
Indebtedness to this country. While
this borrowing is in progress Euro
pean conditions are alleviated, but It
is obvious that the real test for Eu.
rope has yet to come.
fCopyright. 1927
Evening star., 1927-10-23
BY WILLIAM p. HELM.

A TAX reduction program that
~ would fasten upon small
"A group Of corporations the bulk
4 " of the income taxes paid
Ckak
Evening star., 1927-10-23

Continued on Third Page.)
Evening star., 1927-10-23

n YAvY DAY, 1927, takes on unusual sig
nj nificanca. The people of America are
" called upon to consider on that day the
4 needs of the Nation on the sea- Thurs.
Evening star., 1927-10-23

Ever since the close Of the World War the
problem of the overseas merchant marine has
pressed for consideration. BY the enactment
Evening star., 1927-10-23

While the meeting of the American
Civic Association, beginning in Boston
tomorrow, is to be devoted primarily
to considering the things that Massa-
chusetts, a pioneer nearly 40 years
ago in planning metropolitan dis
trict around its capital, has done and
is doing, Washington's municipal gov
ernment, its trade organizations and
(continusd on Third Pagsl {.
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-02-05
ONLY EXHIBITION OF breaking CHAINS" SEEN
TOMORROW AT WALDORF THEATRE; LAST CHANCE!

The New York exhibition Of Breaking Chains this Sunday the
Waldorf Theatre West seth will
the only showing the metropolitan according official
tended
Representatives the
Breaking Chains"
viewed the picture at recent private showing did likewise And
avOwedy
similar opinion Breaking Chains preachy
quality product
the probably
with the Breaking Chains
conflicting Ouburs FORTH thrilling stirring
of two factory workers during the turbulent sessions Of the
revolution
1929 entirely workers
Studio o Workers International Relief
Tickets reang Chains" sell
They The
Bookshop the box-Offe Waldorf
All members The Pioneer League win opportunity
sion price twenty-five cents.
headquarters Sunday
charge
Children IN not
The daily worker. [volume] (Chicago, Ill.) 1924-1958, 1927-02-05
The New Plays
MONDAY

MONDAY
SINNER comedy Of modern society
will be usheed Monday night the Khan Theatre by Rich
ard Herndon, with Alan Dreha ClaibouYne
featured players Others il the include: Merle
dern Hugh Huntey Richard Raymond Walburn, Vera Allen
Dan Kelly, Godfrey Harwood and William Stone.
THE STRAWBERRY BLONDE" comedy by Martin Brown will
the Bou Theatre Monday evening. Includes
George Anderson Helen JOY Julie Ring Mazda Read
Frye and Frances Victory
THE ADVENTUROUS AGE" comedy which opens Monday
night the Mansfield Theatre will bring
Pat Campbell Broadway. Frederick Whitney
FOG play by John Willard (author "The
the Canary" will the National Monday
following cast Helen Baxter Robert Keith Charles Dow Clark
Frank MciIugh, Alex Clark r Hugh 0Conn and Ben Hend
ricks.
JUDY" musical comedy with by by
Charles Rosoff aud lyrics Robin will be presented
Chann Royale Theatre Monday night by John Henry Mears
The will be headed by Queene Smith and Charles Purcell
TUESDAY
OFF KEY play by Arthur Caesar will have premiere
Tuesday night The Belmont Theatre, The includes
Florence Elddge, Lucille Watson MeKay Morris and Rather
inc Reyner.
"LALLY" sairic BY Henry slman, will open
Greenwich Village Theatre, Tuesday night The nchde
Gerald Hamer Reginald Malcolm, Wallace Erske Joseph
~ and Zoa Tama
"SPELLBOUND" by Walter presented by Mary
the Kaw Theatre for apecsl manees beginning
Tuesday The includes Adelaide Fitz Allan
Salisbury, Esther Stockton Richard
Arthur Morris and Arthur
THURSDAY
STIGMA" play b. Dorothy Manley Duff will
open Cherry Playhouse Street Green
wich Village, Thursday night The
martial relations between thc white and eolored