The Bismarck Tribune Newspaper, January 28, 1922, Page 3

\ SATURDAY, JANUARY 28,'’22 bre THE BISMARCK TRIBUNE adopted ig that of taxing the rail- foads on thé proportion .of the value ‘of their capital stock which the busi- ness of the year in North Dakota bears to the entire business of that year. METHOD T0 TAX Mr. Converse said first dispatches as Z [to the decision of the supreme court i | were erroneous in indicating that the | court threw out the North Dakota case jon the ground that the railroads were in government control at the time the | |state levied the excise tax. Tax Commissipner Converse May/preme court, he said, held that the North Dakota statute did not author- Yet Be Able To Collect ize the apportionment of the tax upon Exci the basis of tiie proportionate value xcise Tax of the: property of thé railroads ‘with- in and without the state, which was the basis which had been used in mak-, ‘Tax Commissioner C. C. Converse |t " ing the assessment. is contemplating a new attempt _to tax the ‘railroads of the state under the capital stack law, following re-|former tax commissioner used a mile- ceipt and study of the opinion of the |age basis specified im the act, The supreme court of the United States|supreme court of the United ‘States held this a wrong method. The state which recently handed down an opin- ‘jon in favor, of the railroads in a suit of the state to collect the tax, , The new method which may. be ———S on a property basis. The supreme court holds this method is wrong un- {der the statute, . While it appeared at fifst that under the decision of the supreme court of the United States there was.no sta- tute under which the franchise rights of the railroads can be taxed, it now appears to Mr, Converse after study’ that there is a possibility of collecting the tax by a new method. SCHOOL SYSTEM ~ IN RUSSIA HAS CAPITOL THEATRE and Pupils Is Something Appalling TUESDAY Moscow, Jan. 28.—The virtual break |down of Russia's schoo] system is one of the tragedies of the general eco- | nomic situation. Outside of this city, jin the dozens of smaller places where ithe correspondent travelled, the pov- mierty, of both teacheys and pupils is jappalling. their education by tramping for miles ‘through the snéws to the little red ‘schoolhouse were far better off than the eager students of this land. | “How can I teach?” asked a woman jteacher in Samara. “I have barely enough clothes to cover ‘by body. I Children 15c. Adults 30c. ission jto nothing to eat. For months my |salary has not been paid, I keep life Jtogether by trading in the public market, selling goods on commis- ‘sion. Nor can I expect the children |to learn. They come to school hun- jgry, poorly clad and, as the rooms are jcold, we go through the motions of llearning, that is. all. They haven’t fiany books, there is no chalk for the ad | blackboard. pieces, In Moscow, teachers’ salaries hadn't |been paid for many months, until re- cently, when they were given from 300,000 to 500,000 rubles each as a fa month’s ‘salary, equvalent to the price Jof ten pounds of butter, half enough 'to buy a pair of shoes,. or one-tenth {the cost of a suit.of clothes. The men and women teachers are ragged, wear- jing clothing that is literally falling apart, Some of them have: secured the privilege of living in the school W| buildings where some heat is furnish- hed. The clothing of the pupils is on a par with that of the teacher. In Moscow schools, notwithstand- ing, there is good discipline and the | pupils show an abiding will to learn. oe| They are ‘astonishingly light-hearted. | Except some rather strange religious jopinions, they are happy and- merry for all their poverty and just like {American school children. | Thay are not all communistic. They {make fun of their comrades or teach- jers who wear long hair and call them- |selves Bolsheviki. They, attend lec- jtures by Lunacharski, Commissar of |Schools, or Madame Lehine, or others, hat run through a whole afternoon nd they do this on empty stomachs ‘and yet do not complain. brant with action and a tremendous human story. Adm INTIMIDATION . “NOT TOLERATED __ SAYS READING Delphi, India, Dec. 28.—Lord Read- iing, Viceroy of India, set forth the at- |titude of the indian government to- ward the revolutionary elements in a recent address to a delegation from the Punjab Chamber of Commerce. After promising that the full strength of the government would be exerted Bito prevent disaster, as cabled at that jtime, Lord Reading added: | “We have no, desire to interfere with \the lawful activities of political par- \ties however opposed to us, but, al- jthough we are most anxious to redress lall legitimate grievances and to re- !move the grounds of popular discon- |tent, yet we cannot allow any political ja ty to impose its will upon the : Last Time Tonight. “Way Down East.” Presents the throbbing and triumphant super photo-play lercion or other unlawful means. | “There is today a natural and legi- timate desire on the part of the vast majority of the people that the law should be-respected and observed. “I.éannot but think that in some Hiiquarters there is a misconception of ithe position of the government of In- dia. They have, I verily believe, the The ‘su- | ‘When the tax was first levied the | a second time levied the tax, this time j | GONE T0 PIECES | The Poverty of Both Teachers) Those in the United States who got | jSleep in a cold room and I have next! The discipline goes to}; {country by‘ violence, intimidation, co- | from the Lyric Theatre, New York City. A drama v support of ‘the law-abiding citizens of wae India. ’ | 4 Poliey Loans ......... Warrants .... Cash (Bonded) ..... Admitted Assets Ss. D. COOK General Renewal Premium Notes. . State, County and Municipal Bonds and Liberty and Victory Bonds........ Certificates of Deposit (Bonded).......... Outstanding Net Premiums within Policy Reserves and all other Net Assets....... Substantial Hat Progress. \ Annual Financial Statemen a (As of December 31, 1921) ASSETS Book Value of Real Hstate. vee. 88 Real Estate Loans and Bonds...:.... gent, Central N. Dakota. Bismarck, N. Dak. .* MONTANA LIFE#% SHOWS PROGRESS |Harry R. Cunningham, vice president and general manager of the | Montana Life Insurance company, sees only good times ahead | for Montana as indicated in a survey of conditions now existing. The Montana Life Insurance com- pany’s annual statement for the year 1921 again shows a record of sub- | stantial progress, While the volume iof new business is not as large in com- parison with the remarkable produc- tion of 1920, the phenomenal year in the entire period of life insurance his- |tory, every other branch of the com- pany's business shows consistent and | satisfactory. increases. The net ad- |mitted assets amount to $4,071,209.94, jan increase during the year of $667,- | 988.60, while the company’s surplus to | policyholders which represents secur- lity to policy-holders over and above | the amount required ‘by law, increased lto the very satisfactory figures of | $708,476.31. j j | The remarkable showing made by | this conservative, well managed life jinsurance institution in the face of /geneval business depression and un- |fortunafe agricultural, stock raising | | | | land mining conditions in the north- | west, in which’ territory the company ‘largely operates, which have prevailed dor several years in certain localities |and in every section during the last. 12 | months, proves the loyalty and+senti- ‘ment of the insuring public towards |this company of service and security. In, Other States. | ‘Phe Montana Life has principally confined its operations to its home MONDAY - i | qua § Tolld¥) “It cannot be fairly said that we tate, North and South Dakota, Wyo- have abused this power. Indeed we Stale at ro Pan ..\ming, Idgho and eastern Washington. oe somelnes criticized: for mot hey: ‘Arrangements -have been perfected fing sufficiently exercised it andl looking towards the development of ete ie Stage avid nfinngsota, Colorado, California, Ore- cpucaived r salere resented ag too | 800 and western Washington during etapa ere par etna a he ? the current year, thus covering the Aaa cad pea hen en bit |territory, reaching from Los Angeles nN : to Minneapolis— a. section of country COAL i ‘with “marvelous resources, developed If you want to enjoy the real ana undeveloped, and a field unsur- comforts of home life order the pass2i in life insurance opportunities. irect D Dri i , The officers of the company are A. , right kind of oe veda dep C. Johnson, president; H. R, Cunning: wa vein coal. Wachter. Transfer j).0, vice president and general man- Company. Phone 62. ager; Dr. Jacob Mills, second vice - —$_$_—__——_ president; Dr. B. C. Brooke, medical A Special Children’s Matinee at director we ON Benstrns| cael stant ‘ +t medical direc 3 v rth, C: By the Capitol ‘Theater tomo retury and actuary; Francis A, How Showing ‘Way Down East.” 174, treasurer, and H. S. Hepner, gen- Admission only 25c. feral counsel, who together with Thomas B. Miller, Louis Heitman and Charles D. French, constitute the ex- ecutive committee. The board of di- rectors, of which the members of the executive committee are likewise mem- ibers, is composed of 37 of Montana’s most prominent and successful bank- ers and business men. ‘ In speaking of the possibilities of the year 1922, General Manager Cun- ningham stated: ‘Conditions are im- proving. A new spirit prevails since the beginning of the new year. eral agents in our service report a more optimistic trend and greater con- fidence in the future than has been apparent for some time past. Each agency pledges a greater volume of business for the ensuing year. life insurance executives do not ex- pect a return to the enormous, volume of business produced in the years of 1919 and 1920,’when salesmen were little more than order takers, there is a general belief that the new busi- ness for 1922 will show a substantial increase over the production during the preceding year. There is one [thing certain and that is that the time is superior to that placed upon the books during the period of infla- | tion, extraordinary wages, \extrava- gance and consequent easy money. Men are placing insurance on their |lives now because of the urgent ne- cessity for the protection rather than because they are easily sold and have the money to pay for anything that might ‘come . along. | Conservative management, consistent progress, rea- sonable business development, intel- ligent advertising—all together con- i stitute a program necessary to accom- |plish successful results in any. busi- ness, and the Montana Life will fol- year.” The Bismarck Branch S. D. Cook, veteran insurance man, has represented the Montana Life In~ sur ‘6 Company in Bismarck for the past six years, and during that time has developed the business in a won- derful manner. Many prominent bus- iness men are now carrying insurance lin the Montana Life thru his energetic |Work. Mr. Cook is an expert in his 1,840,456.25 715,023.26 605,380.26 360,100.00 227,045.28 Gen-| While | quality of business written at this; low along this line during the present | ¢ HELENA, MONTANA 30,000.00 Reserve 53,777.86 65,607.05 1 Accrued 173,820.08 ----+--$4,071,209.94 Surplus to Policy-Holders, $708,476.31 ‘ H.R. CUNNINGHAM Vice Pres. and Manager Helena, Montana A. C. JOHNSON President ETS | line and his personal attention is eag- erly sought by thoughtful ‘business jmen. Hfs practical suggestions on jlife insurance as an investment and {protection have aided many over hard | |roads. | |_ Mr. Cook has recently added Thomas | J, Hagarty, V. S, Dingle, Miss Flor- tence Little, and W. F. Krueger to his { |forece. W. F, Brandt of Beach will | look after a district including several counties, with Jamestewn as his ‘head- quarters, |TAYLOR OBTAINS SCHOOL LOAN, Dickinson, N..D., Jan, 28.—With. the receipt of a warrant for $15,000 cov- ering a loan secured from the state | teachers’ retirement fund, the board of education of Taylor special .schoo) | district will be able to take up prac-| j tically all outstanding obligations | against the district within the near | future, members of the board an-/| nounced. It is expected that the war- of North Dakota and the cash become available at once, | | The loan is secured by $15,000 in) bonds which were voted by the tax-| payers last fall and will serve to put the district’ om a cash basis. The| rapidity and comparative ease with! ' which the loan was approved and the} money made available is taken byj many as indicative of a break in the! financial stringency. j 'GETS 30 DAYS | IN THEFT CASE — i Dickinson, N. D., Jan, 28.—J. L. ‘McCutchan, arrested several months ago by Stark county authorities on a with the theft of a horse from J. H when his case was called at the open- ing of the winter term of the Golden Valley county district court at Beach. Immediately afterward he was sen- tenced by Judge Thomas H. Pugh to 30 days in the Stark county jail, giv- en a fine of $50 and ordered to pay costs in the case, amounting to $250. In the event that the fine and costs are not’ paid at the expiration of his ¢ McCutchan must serve one onal in jail for each two dollars of the amount assessed. McCutchan was brought back to Dickinson by Sheriff George Brown and is‘now confined in the unty jail. | wuesday, Thursday and Satur- day nights. Best music and Capital Stock .-....: Net Surplus . rant will be taken over by the Bank |, if charge of petit larceny in connection | x MontanaLifeInsuranc eCo.| LIABILITIES (less Reinsurance) Taxes (Estimated) . eo $2,664,376.00 122,930.00 19,555.00 36,000.00 434,801.90 19,415.11 23,808.01 1,058.50 10,908.11 29'886.00 $3,362,733.63 ---,-$250,000.00 458,476.31 $4,071,209.94 Extra Reserves for Double Indemnity and Total Disability Present Value of Future Payments Under Monthly Income Policies... ....... Death Claims Reported (Complete Proof: Not: Received, ete.) . Ba Coupons left with Company and Interest Thereon ......8....... Premiums Paid in, Advance......... Unearned Interegt Paid in Advance....... Medical’ Examiner’s Fees and Inspection Fees (Accrued) . Other Accrued Bills........ PRISON GUARDS ARE DISCHARGED Two guards who/ have been em- ployed at the penitentiary for a coni- siderable period have been discharged, It is understood that the action of the warden followed the escape cf. Wil- liam Small, negro, in prison from Cass county, who walked out of the gates |behind a wagon and then was re- captured. Warden Stair declines ® comment on the matter. APPOINT BOARD TO RULE BAND Dickinson, N, D., Jan, 28.—After be- ing waited upon by a committee from the Town Criers Club asking that a board of governors be appointed to manage the affairs of the Dickinson Municipal band, the city commission session held last Tues- d the names of five Dick- inson residents and submitted them to the band members for their approv- al. Those suggested by the commis- sion were Mrs. Marjorie Nachtwey, Miss Marguerite Stewart, W. H. Lenneville, N. F. Bartholome and Wil- liam Kostelecky. As soon as the ten- tative board has heen approved by the band members it will be given full power to function. It is the, plan of the Town Criers to have the members of the new board ag guests of honor at a meeting to be held in the near future at which time the new plan of band manage- ment will be outlined in detail, Seal eee ene HEAD ACHED AND BODY ACHED There are various symptoms of kid- ney trouble—rheumatic pains, back- ache, sore muscles, stiff joints and “always tired” feeling. Mrs. Geo. Morgan, E, Fairfield, Vt., writes: “My head ached and my whole body ached so I could not sleep. Foley Kidney Pills gave me relief.” They heal and strengthen weak, disordered kidneys and bladder and help them in their/ wordk of filtering the blood and cast- ing out of the system the impurities that cause pain and disease. Prompt in action. PREVENT CHIMNEY FIRES Fire Commissioner C. W. Henzler suagests the public have their chimneys cleaned as more fires are caused by sooty chim- neys than from any other cause. There is a chimney sweep in town who will look after this work, Phone 412 for informa tion. ; Clifford’s Skating Rink is open. 10c in the afternoon and evening. Free on Sunday. LTING]T THEATRE Dorval of Belfield, pleaded. guilty] § Direction Valleau Theater Company TONIGHT JACKIE COOGAN in “MY BOY” Aesop Fable and comedy. COMING PRISCILLA DEAN, in.... “THE CONFLICT” KATHERINE MACDONALD in.“THE BEAUTIFUL LIAR” JACK HOLT in seeeeeee*AFTER THE SHOW” floor in state. 10c a dance. Matinee Daily 2:30. Evenings 7:30 & 9