davidaulloa/AmericanStories huggingface dataset:
Montana farmer-stockman., 1952-09-01

first, because we kids could tell it
hurt our m 9th e.r to ask her for
money when she did not have it.
But this time felt bills in the cup
and ran to my mother. told her
about the boy with the red sweater
and the proud elk with the great
horns stitched in blue. and after
little while had wheedled the three
dollars out Of her.
WHEN 1 GOT to town. went first
to the big store the boy had told me
about and searched along the rack
of sweaters until / came to a red
one with the elk on it, and | bought
it. Outside; put it on. 1 did not run
now. walked slow and kind of
proud. like the elk on my sweater,
and held my head high.
Inside MIR. Gentile's shoe shop,
Montana farmer-stockman., 1952-09-01
A Short Story
By MARX HAGER

laid the old shoes on the counter. He
unrolled them from the paper. He
examined the old shoes. Then he
looked at me and shook his head.
Cant be fixed no more" he said.
Nothing left to sew the soles to-"
He pushed them back. / took the
old shoes under my arm and walked
out.
FOR a little while I stood on the
street corner with the old shoes UNI
der my arm. could see the old man
waiting in his sock feet in the little
house in, the bend of the creek. l
glanced down at the old shoes that
bore the shape of the old mans feet,
and I wondered if these old shoes
hadn't been even closer to him thar
his best friends on earth.
I BEGAN TO walk slow around
Montana farmer-stockman., 1952-09-01
Sept. I to IS
b. OSCAR I. MOLDENHAUER

SLIGHTLY COOL the outlook
Wyoming during September changes in
necion with strong cool invasios will result
wheat planting requirements
months deep low
baroneic this very
of general rains There indication that pattern change
period movements prominent during
August viii become less frequent mid September
trend temperatures
good weather for bringing n the crops.
There damage September
3D. 5th, 9th 18th 18th.
Weafhe Chances
Mostly weather September
followed rising scattered
the 3d. the 4th Light
likely this
Wyoming
Friday shdery
9Th weekend rather weather likely through
Tuesday, the 9th.
Rather high temperatures Wednesday
day. Friday
the 12h through the
Monday 18TH continue through
Precipitation and Temperatures Average slightly below normal
Montana farmer-stockman., 1952-09-01

The men on the nations farms and
ranches have demonstrated an in
creasing efficiency in the huge task
of supplying meat to Americas
tables. We have been producing
more and more meat with less and
less manpower on the land. During
the last 40 years, for example, our
total population has increased by
some 60, 10000 persons but the num-
bers of persons engaged in food pro-
duction, including meat, has declined
by 10000 There was time when
80 percent Of our people were on
the land, while today only Is percent
live on farms and ranches, and pro-
duce our supplies of meat and other
foods.
Montana farmer-stockman., 1952-09-01

the block. In front Of the big store,
/ stopped again. I felt of the one
dollar and a quarter in my pocket.
Then pulled off my red sweater
and went inside the store again.
Il decided I don't want no sweat
err" ! told the man who had sold it
to me. Il was just wondering do you
have a pair of shoes, about the size
of these old shoes, that you would
trade me for the sweater and this
dollar and quarter" I even ex-
planned to the. man who wanted
the shoes for and how his old shoes
could not be fixed any more
''Why. / know that old gentleman"
the man said. 'sHe's been in here sew
eral times. He always feels of pair
of soft shoes. I still have them"
He went back and pulled down a
shoe box. / saw $3.50 on the end Of
the box.
81 just got this sweater and this
dollar and a quarter" I said.
The man did not answer me. He
just reached up and jerked down
pair of heavy, long, yarn socks, stuck
one in each shoe, and wrapped the
new shoes in the old newspaper.
went out of the store, leaving my
red sweater and the proud elk with
the great horns lying on the counter,
but had a curious feeling inside me.
When I got back in sight of the
old mans house, slowed down and
considered. thought of curious
things and sayings. I remembered
my mother saying the sunshine al
ways seemed brighter just after a
dark storm cloud, and how she said
dark hollows were good places to
look at the stars from. and how hap
py you could get just after a streak
of sorrow.
THOUGHT might make the ole
man happier by first making him
little more unhappy.
1SCO14CCt W ILLS NAey INV = ASIAA'
him waiting in his sock feet in hi
big old easy chair by the fire.
seMr. Gentle couldn't fix your ole
Shoes" I said "He said there wa
nothing left to sew the soles to-"
What puzzled me was that what
said did not dim curious gay twin
kle /, saw in the old mans blue eyes
''That's all right" he said, ''jus
give 'em here. can manage in ZEN
little while longer.
He took the old newspaper ant
unrolled the new soft shoes. / recol
lect how he felt of the soft leathe
with his old hands. and then som
water came down his cheek, and h
got up. He walked over to his be,
and from under the pillow he got
red sweater with a proud, high
headed elk stitched on the front, an
the elk had great horns.
Il saw you eyin' this sweater thi
mornin'," the old man said. "As tn
hunters came back. hit that boy u
/ for trade I traded him one of til
i puppies for his sweater"
I gave the old mans neck lon
| hard hug, and then broke for HON
with my sweater on to show m
mother the elk with the great horn
Montana farmer-stockman., 1952-09-01

guessed 1t was just another OF the
ordinary chores my mother had been
sending me to do for him ever since
had been big enough,
When l got there. the old gentle
man wanted me to take his old shoes
over to town to Mr.. Gentile's shoe
shop and get them mended.
While I waited for him to pull off
his shoes, the car drove up and a
man and boy got out and asked for
a drink of water. While showed
them the spring and where the tin
cup hung, / noticed the boys sweat
er. The boy looked about u, which
was my age, and the sweater was my
size, and it was the most beautiful
sweater / ever had seen. On the
front was stitched in blue the figure
Of a great elk with high head and
long horns.
While the boy was getting drink,
old Mr.. conway's two puppies
started gnawing at. his shoestrings.
Then the boy turned and started
playing with the puppies. After the
boy got friendly like that with the
puppies, Iventured to ask him where
did he get his sweater and how much
did one like that cost, and he said
it cost three dollars, and told me
the store over town and said they
had whole rack full of them.
AS the boy and his father went
back to the car. / heard the boy ask
his father to buy him one Of the
puppies, but it seen ed as if the
father wasn't paying the boy any
mind.
After they drove off. old Mr.. Con-
way wrapped his old shoes in q
newspaper. Then he dug in his peck
cts until he found dollar and Z
quarter in change.
Sorry, son." he said. "that AIM
got none extra for you to spend The
truth is, that is the last cent between
me and the Judgment day"
I KNEW THAT was so. / hac
asked my mother more than once
why old Mr.. Conway lived alone like
that when he had children who coulC
take him home with them.
Then she'd explain he did not wan
to 90 home with them. She said til,
old man loved his little house, an,
/ would tell her / did not see any
thing about it to love- She woul,
say that was because I was DO,
yet. and could not understand tn
minds and hearts and feelings Of oil
people. She said he could love tn
cracks in the windowpanes. and tn
saggy, messy roof: that he could Low
the sigh of the wind in the weepin
willow tree, and the laugh of tn
spring that giggled as it came froi
the red bank.
why. TO him" my mother wouI
say, ''the old place is drowsy wit
dreams and moldy from memorit
dear to his heart"
But all that made no sense to m
My fingers had ached when
chopped his wood. and on this o
casion my heart ached for a ri
sweater with the proud elk and Il
great horns.
As took the old mans shoes III
der my arm and started down Il
road. he called from the door.
ssTen him to fix 'em while "
wait" he called. s'Tell him I'll ha7
Montana farmer-stockman., 1952-09-01

September !. 1852
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
LEGION AUXILIARY
lNSTAIlS OFFICERS

On Monday evening the Amer
ican Legion Auxiliary held its re-
gular meeting in the Legion Home
and new officers were installed by
Mrs. Melvin Wyatt, past-presi-
dent.
Installed were Mrs. Ivy Fehr,
president; Mrs. Charles Buchanan,
first vice president; Mrs. Hugh
Meinke, second vice-president; Mrs.
F. E. Boomer, secretary; Mrs.
Ezra Smith, corresponding secre
tary; Mrs. A. Wendt, treasurer;
Mrs. Ed Sharpe, historian; Mrs.
Orville Baldwin, chaplain, and Mrs.
George Hemminger, sergeant-at-
arms.
Mrs. Wyatt was presented with
a gift and corsage of roses as was
Mrs Fehr. Mrs. Baldwin, outgoing
president, received her past-presi-
dents pin.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
LAKESIDE Bible
CLASS STAFF
MEMBERS NAMED

Staff of teachers for the Lake
side Bible Class for Lakeside's
1852 season has been announced
by DR.. James F. Hoffman, Lake
side, class president, as follows:
Congressman Walter Judd. Min
nesofa, July 6; Grove Patterson,
Editor-in-Chief of The Toledo
Blade, July 13; Congressman Fraz-
ier Reams, Toledo, July 20; DR..
Robert F. Thomas, Sevierville,
Tenn, July 27; DR.. George D. Kel-
sey, chairman of Christian Ethics,
Drew University Aug. 8; T. Russ
Hill, Detroit, president of the Rex
Air Corporation, Aug. 10; DR. C.
B. Ketcham, Alliance, president
Mt. Union College, Aug. II; DR..
Hurst R. Anderson, st. Paul, Mimi,
president of Hamline University,
Aug. "a; and DR.. Homer j. Elford,
Youngstown, pastor of Trinity
Methodist Church, Aug. 81.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
LOIS JANE BUHROW TO
BECOME BRIDE OF
KENT DUNMYER

st. Marks Evangelical Luther
an Church, Fremont, will be the
scene at $3.50 Saturday of the wed
ding of Lois Jane Buhrow, daugh
ter of Mr.. and Mrs. Fred J. Buh
row, Graytown, to Kent w. Dun
myer, son of Mrs. Dewey D. Dun
myer, Fremont, and the late Mr.
Dunmyer. The Rev Frederick NJ
Otto will officiate.
Mrs. Walter E. Paluch, Lans
ing, Mich, will be matron of hon
or. Bridesmaids will be Elizabeth
Harris, Port Clinton, and Don;
Dunmyer, sister of the bridegroom
Fremont. Carlton Nelson, Por
Clinton, cousin of the bridegroom
will be best man. Haldon C. Eng
ler, Jr., Oak Harbor, and Rober
Lorentz, Fremont, will usher.
A reception at the Fremon
Yacht Club will follow the cere
mony.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
MILLER REUNION HELD
AT WILTON GUlAU HOME

The 3Oth annual Miller reunion
was held Sunday, June Is, at the
home of Mr.. and Mrs. Wilton
Gulau, with fifty present for the
potluck dinner and supper, At the
business meeting all officers were
reelected, they are president,
Norman Miller; vice president
Wilton Gulau; secretary, Mrs
Ray Frese; and treasurer, Mrs
Walter Miller.
During the afternoon games
and social afternoon were en-
joyed by Mr.. and Mrs. Ray
Frese, Rae Ann and Andy OF
Delphos, Mr.. and Mrs. Robert
Parker and Sally, Mrs. August
Windnagel, and Barbara Zibbel OF
Toledo; Alfred Mylander and
daughter Loa of Erie, Pa, Mr.
and Mrs. Vernon Miller, Sue Ann
and Bruce of Annandale, Va, Mr.
and Mrs. William Sterling of De
troit, Miss Joan Mylander OF
Cuyahoga Falls, Mr.. and Mrs. Lu
ther Mylander and Annette, Mr.
Jean Barnay, Mr. and Mrs. H. A
Mylander, Otto Beier, Ella Bran
des, George Miller, Anna and Lot
tie Miller, Mr.. and Mrs. August
Miller, Mr.. and Mrs Albert nil
Ter, Mr.. and Mrs. Walter Miller
Ruth Carts, Eric KlGmwitter, Mrs
C. H. Miller, Mr.. and Mrs. Arthur
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
SHOWER COMPLIMENTS
MARS. LOUIS GRIEGER

Mesdames Lester and Kenneth
Cress entertained at pink and
blue shower last Thursday eve
ming in the formers home In Ere
mont, in honor of Mrs. Louis
Grieger of Oak Harbor.
Mrs. Grieger was presented a
corsage of baby Utensils, pins,
teether and other items. Cards
were played during the evening,
after which Mrs. Grieger opened
her many lovely gifts.
Among those attending were
Mrs. Richard Bassett, Mrs. Char
les Fought, Jr., Mrs. James Spang
ler, Mrs. Paul Rickner and the
honored guest from Oak Harbor
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
iLA JEAN DeWlTZ WED
TO MARVIN TABBERT

In lovely candlelight cere-
mony, lila Jean DEWITT was mar
ried to Marvin Tabbert Saturday
evening at 8 p. m. in st. Paul's
Evangelical and Reformed church
The Rev o. C. Doenges conduct
ed the ceremony.
The bride selected white sat
in gown with lace trim. She car
ried white roses and wore sin
gle strand of pearls, a gift of the
groom.
Mrs. Ronald Windisch, a sister
of the bride, was matron of honor
She wore pale rose gown. The
bridesmaids, Janis DEWITT, sister
of the bride, and Mrs. Kath
ryn Bruins, a sister of the groom
wore light green satin. Young ou
san Tabbert, sister of the groom
was flower girl. She wore a pale
rose frock. Their flowers were
white roses and daisies.
Mrs. Tabbert, mother of the
groom, was soloist. She sang "To
day o Lord" II Love You Truly
and 1.-TWO Dreams in One Unit
ed" She wore a navy blue enSem
BILE with matching accessories
Her corsage was of red and white
roses.
The mother of the bride select
ed light blue dress. Her corsag'
was of pink roses.
Eddy DEWITT, brother of thu
bride, was ring bearer Donald
Tabbert, brother of the groom
was best man. Ushers were Ron
aid Windisch and James Lenke.
Following the ceremony, re
ception for approximately 45'
guests was held in the Oak Har
Dor Town Hall. A four-tiered wed
ding cake, topped by a miniature
bride and groom, was used as tn
centerpiece of the long table.
The bride and groom left on
short wedding trip. Upon thei
return they will live on Stang
Road.
The bride, daughter of Mr.. AM
Mrs. Roland DEWITT, is a gradu
ate of Salem-Oak Harbor Hlgl
School and has been employed a
the National Bank of Oak Har
Dor. The groom, son of Mr.. an
Mrs. Rudolph Tabbert, Graytowr
is also a graduate of Salem-OaI
Harbor High School and is er
gagged in farming.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
JOLLY TWELVE PINOCHLE
CLUB MEETS AT WYATTS'

Mrs. Melvin Wyatt entertained
the jolly Twelve Pinochle Club
Wednesday evening in her home
A short business meeting was con
Quoted by the president, Mrs. Wy.
att, after which pinochle was play
ed Mrs. Joe Stamm won the first
prize, Mrs. Ward Fought, second
and Mrs Norman Bennett, low
Members present were Mrs Stamm
Mrs. Fought, Mrs. Carl Hinderlich
Mrs Carl Robron, Mrs. Harry Car
penter, Mrs Elmer Hetrick, Mrs
Marion Smidutz, Mrs. Bennett, anC
Mrs. Elizabeth Bennett. Substitut
ing for regular members were Mrs
Olan Peters, Mrs Charles LeoW
and Mrs John Mays.
A delightful lunch was servec
during the social hour and the
door prize was won by Mrs. Car
penter.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
TO ALTAR GUILD SOCIETY

Mrs. Stanley Mylander opened
her home to members of the Al
tar Guild Society of St. Johns LlI-
theran Church, Tuesday evening
Mrs. w. w. Druckenmiller pre-
sented the topic for the evening
and Mrs. MMylander, president,
was in charge of the business meet
ing. The Rev. G. F. Shoup led de.
votions. Those present were the
Rev. and Mrs. G. F Shoup, Vicar
Martin Seaman, Miss Roseland
Rohda, and Mesdames Donald Jes
chke, Luther Peters, Cortland Be
ier, Max Griest, Arthur Zibbel
Richard Moore, Robert w. Reider
John Miller, Jr., Harry Zehner, Ed
Paule, Richard Guntsch, Paul Krie
ger, Mrs. Druckenmiller and Mrs
Mylander.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
AIWATER FAMILY REUNION

About so people attended a re-
union of the AtWater family, held
at the home of Mr. and Mrs. Earl
Longaboch in Fremont. o on Sun.
June 18th. Attending from Oak
Harbor were Mr. and Mrs. Zet
Winters Sharon and David, and
Mrs. Alice Shaw. AT business
meeting in the afternoon election
of officers elected for the coming
year are Harold Atwater president
and Mrs. Lawrence Fetterman of
Fremont Secretary Treasurer. Next
reunion is planned for the second
Sunday of July 1858. at the home
of Mrs. ChaS. Fetterman in Ere
mont.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
CARD CLUB MARKS
FIFTH ADVERSARY

The fifth anniversary meeting
Of the Couples Card Club was
held Saturday evening at the home
of Mr. and Mrs. Russell Martin
Present to enjoy the evening were
Mr.. and Mrs. Ralph Peters, Mr..
and Mrs. Don Kohl, Mr. and Mrs
Arnold Krieger, and Mr. and Mrs.
George Layman.
At the close of the social hour
first prize was awarded to Mrs.
Layman, BOBBY prizes went to Mrs.
Peters and Mr.. Kohl. Delicious re
freshments were served to con
clude the evening.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20

Nelson and Ann, Mr.. and Mrs.
Marvin Nelson and Nancy, of Port
Clinton; Mr. and Mrs. Norman
Bensch and Jimmy, Mr.. and Mrs.
James Romstadt, of Toledo; Mr..
and Mrs. August Bensch, Howard
Bensch, Mr.. and Mrs. B. w. Mills,
Mr.. and Mrs. Robert Mark and
Jimmy, Mr.. and Mrs. Arthur
Risch and Billy, Mr.. and Mrs
Howard Baumgartner and George,
Mr.. and Mrs. Jack Pinson and
Judy, Mr.. and Mrs. N. J Kohler,
Mr.. and Mrs. George Mills, BERTHE
end Becky.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20

daughter, Linda, Mrs. Robert Ma
rik and son Jimmy, Mrs. Howard
Baumgartner. and son, George
Mrs. William Stamm and son, Dean
Mrs. Clayton Benadom and SON.
Jimmy, Mrs. Carl Baumgartner
and daughters, Susan and Elaine,
Judy Pinson, Mrs. N. j. Kohler
Mrs. Morris Worthington and son
Larry, Mrs. George Mills and SON.
BERTHE, and daughter, Becky.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
Oak Harbor
s1s0CIETY II
MRS. MILLS ENTERTAINS FOR
HER SONS BIRTHDAY

Mrs. George Mills entertained
at a picnic at Kohler's Park, on
Saturday afternoon, In honor of
her son, Bertie's, second birthday
anniversary. Those present were:
Mrs. Jack Brendamour and son,
Michael, of Cincinnati; Mrs. Nor
man Bensch and son, Jimmy, of
Toledo; Mrs. Marvin Nelson and
daughter, Nancy, of Port Clinton;
Mrs. Harry Kerr, of California;
Mrs. Marvin Milbrodt and daugh-
ter, Nancy, Mrs. Morrell Lewis and
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
COMBINED WOMEN'S GROUP
TO MEET MONDAY EVENING

Members of the Combined Won.
ems Oranization of Oak Harbor
are reminded of the meeting OF
the group on Monday evening
June %, at the mayors office
Main business to be discussed is
the proposed supervised play pro
gram at the Park. Any lady inter
ested in assisting in this program
is asked to contact Mrs. Arthur
Conradi, president of CWO, OF
Mrs. J. G. Sherf, secretary.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20

Zibbel, Marjorie and Charles,
Mr.. and Mrs. August Blatt, Mr..
and Mrs. A. w. Blatt, Miss Mar
garet Grieger, and Mr.. and Mrs.
Gulau and Geneva.
The Luther Mylanders extend
ed an invitation for the group to
meet at their home next June.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
METERS IN OAK HARBOR

Parking meters have been install
led in downtown Oak Harbor, and
are now in operation The meters
will be in operation from a. m.
until 6 p. m on weekdays and from
a. m until 9 p. m Saturdays.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
BIRTHDAY PARTY AT
KOHLER'S PARK

A double birthday celebration
was observed at Kohler's Park,
Sunday afternoon, honoring the
anniversaries of Jimmy Bensch,
of Toledo, and Bertie Mills. Those
present we're: Mr.. and Mrs. Christ
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
DOCTORS 70 MEET NEXT WEEK

At least IS Ohio doctors of med
icine will participate in the pro-
gram of the 101st Annual Meet.
ing of the American Medical AS
sociation, to be held in Chicago,
June 9-13.
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
WAS a nervous wreck
from agonizing a pain
until | found Paz0!" +"

sUJS INFS. n. W., S0V HHtONIO, cfdS
Speed amazing relief from miseries OF
Simple piles, with soothing Pazo*! Acts
to relieve pain, itching instaniiy-soothes
lnfiamed tissues-lubricates dry. hard
sasd pardtsheps prevent cracking sore
forting help. Don't suffer needless torture
from simple piles. Get Pazo for fast, won-
derful relief. Ask your doctor about it.
Suppository form - also tubes with per-
torated pile pipe for easy application.
sPoko Ointment and SMRposilories %
Ottawa County news. (Port Clinton, Ohio) 1931-1956, 1952-06-20
MOZART CLUB PLANS
ANlIAI picnic

Members of the Mozart Club
are planning picnic at Black
Bass Grove next Sunday for club
members and their families.
Montana farmer-stockman., 1952-04-01
Planning Yo0r Estate
There Are Ways 10 Reduce Effects Of
Estate and Inheritance Taxes
b
HUGH D. GALUSHA JR., G. p. n.

THE DEATH of the ranch owner
has always borne measure of fl
nanciaI hardship in its wake. The
costs of the last illness and the adj
rninistration of the estate are fa-
miliar to everyone, along with the
difficulty of working out new credit
arrangements and establishing an
operating policy.
To these, the last 10 years Of pros
perity have added death taxes AL
though there has been an inheritance
tax assessed by the state and an es-
tate tax by the federal government
for some years, it has been only in
the last few years that these taxes
have had any significance for the
rancher.
What are these taxes? The in
heritance tax is imposed by the state
of Montana. It is tax that graduates
from 2 to 8 percent. Because it is
more technically described as a tax
on the right to receive" property,
the tax is levied on each specific in
heritance, at rates and with exemp-
tons that vary according to the de-
gree of relationship of the person re-
ceiving the inheritance to the de-
cedent. A widow gets the highest
exemption, $17,5OO, and the lowest
is zero for non-bIood legatee.
Estate Tax
The estate tax is imposed by the
federal government and is levied
against the whole estate. It is de-
scribed as a tax on the fright to
transmit property" Because of this,
there is only one exemption allowed,
100000, regardless Of who gets the
property. The rates graduate from
5 to az percent.
After substracting the exemption
and administration costs, the tax on
the net remaining estate at various
levels, picked at random, is shown
Montana farmer-stockman., 1952-04-01
Reduce Qna'1tity Of PROPERTY
: Limit Value Of Estate
; PrOVide Funds to Meet Costs

is such that it IS nearly impossible
to liquidate it partially without de-
stroying the value of the working
unit.
Planning a ranch estate falls into
three categories:
l. Reducing the quantity Of prop
ertY in the estate through
a. Gift program:
Al properly planned gift program,
carried out over a period Of years is
the most effective means of reduc-
ing the gross estate.
There are these points which must
be borne in mind: The gifts must be
absolute, with no strings attached,
and the fair market value of the gifts
in any one year will determine
whether or not any gift tax is due.
The gift tax is a federal tax, and
graduates in rates from 21z to STA
percent. However, because of the
structure of the gift tax, it is possible
over a period of years to give away
a substantial amount of property
without subjecting any of the gifts
to tax.
Each taxpayer is permitted to
make a gift of $4,000 per year to
each of as many people as he wishes.
With the consent Of his spouse, he
can use her $4,000, making the gift
$4,000. This $S,OO0-item is called an