The Bismarck Tribune Newspaper, January 21, 1932, Page 8

“Of course, I'll drive you wherever you say, lady, but that play you've picked is just getting by on the author's reputation.” Don't let your cold get ~he best of you. Fight back! Buy Men- tholatum mow—at the nearest drug store. Use it promptly— for quick, sure relief. Just put a bit in each nostril to clear your head. Rubit into your throat and chest to prevent or break up congestion. 30c IN TUBE OR JAR ACT NOW! Modern White Gold Frames With comfortable pear! pads Only $4.50 Expert Eye Service at Greatly Reduced Prices DR. MacLACHLAN’S Health School and Eye Clinic DR. A. 8S. ANDERSON Optometrist—Eye Specialist Lecas Block Biomarch ‘SB Chaces Hate! People’s Forum Editor's Note.—The Tribune wel- comes letters on subjects of in- terest. Letters dealing with con- troversial religious subjects, which attack individuals unfairly, or. which offend good taste and fair play will be returned to the writers. All letters MUST be signed. If y.u wish to use a pseudonym, sign the pseudonym first and your. own name beneath it. We will re- spect such requests. We reserve the right to delete such parts of letters as may be neces conform to this policy. Steele, N. D., Jan. 16, 1932. Dear Sir: In your issue of January 16, 1982, under title “Favors Tax Sale, appears an article written by one who signs his name “A North Da- kotan,” which in my estimation comes so near to disclosing one of the real problems of the taxpayers of today, that it really deserves to be lauded by the public generally. I want to say in the way of a preface to my remarks on‘ this sub- ject that I am now, and have been for 20 years last past a member in good standing of the Bar of Indiana; jand, therefore, know whereof k on legal ers. The gentleman who signs “A North Dakotan,” men- tions intangible property, which of course, includes such property as tax- exempt securities, a number of which are exempt in this state, that are not tax exempt in Indiana. Real estate mortgages, for instance, are exempt from taxation in North Da- kota, but are taxed in Indiana, and I believe that is a just faxation. If such mortgages were taxed in this state, it would cut our real’ estate taxes in half. If I have a small equity in a quarter-section of land worth $3,000 my equity consisting of say $500 and some eastern loan company holds a mortgage against t quarter for the sum of $2,500, is it just that I pay eight.per cent interest per annum on this sym of 2,500, together with all taxes on the said quarter, while the one who real- ly has the $2,500 equity in this land }Sits back and pays no taxes, or in- terest on any part of this property? In the state of Indiana the legisla- ture long since said by its conduct, that if the loan agency owned $2,- | 500 worth of this real estate and was receiving interest on that much of the same, that it was to pay i part of the taxes assessed against this land and I, for one, say that it is a just tax. If the old and wealthy state of |Indiana cannot afford to have ‘its owners of real estate pay both in- terest and taxes on their homes, then it is my best judgment that this young, poor state of North Dakota had better profit by the example set by Indiana, and at its next session of its legislature see to it that all farm mortgagees in this state pay taxes on all lands covered thereby, to the full extent of said mortgages. Any sane taxpayer knows that there | must be just so many dollars raised jeach year with which to taxes and that every dollar of w is put into non-taxable securities— or into intangible property, as the North Dakotan says—will cause the levy on tangible property to be rais- ed just so many dollars. Farms cannot be stored out of sight and, | consequently, bear the burden of tax- | exempt securities, | We hope that when the time comes |again to make new laws—of which | we have vastly too many now—that there will oe a sufficient number ong our legislators who are fa- yorable to taxing real estate mort gages, to pass just such a law a: | Indiana has at this time. Any farm- jer in North Dakota, who has fought high taxes and eight per cent inter- jest at the same time, should realize just how hopeless is the struggle. | Again I want to commend that let- ter of the North Dakotan, and hope that he will live to carry on for a long time to come. J. N. McCARTER, Steele, No. Dak. pci 3 NEDO et {_ Stickler Solution ‘ $s » Picrure is ALL WRONG: ‘ACCORDING TO y A SRHINKING = We PeURe Te Toc FOREORGUNI ee WI ' SHIS PICTURE ? ANNWAMY, IT WOULD BE A SHAME TO TELL THEM, WALT. OKLAHOMA CITN LOOKS AS IF I(T HADN'T HEARD OF THE WELL NO WONDER PoopLe 1S BARKIN' So... WHATS HAPPENED, Anyway 2 MOM’N POP Not ME! YOU THREW IT OUT OF THE WINDOW, SO GO AND GET IT! AND TLL BET SOME OLD GROUCH OWNS THE AERIAL {T's WANGING ON - WELL, IF You LONED ME, You'D, Do v } EXPEDITION TO" RESCUE HER LAMP THAT STILL WANGS ON A NEIGHBOR'S AERIAL ~~ oe SALESMAN SAM ‘Yoo-H00, salt GoT a suR— IH, (KNOW Wier PRise! ( WANTED TO TELL (tis! You've You NOW so You'LL Ge ABLE | DYED YOUR HAIR | TO RECOGNIZE ME AT BLacK! THe Banquet! PRIVATE YEF(CE (as Senet KUMMIN K(PPouT. 2 Fj i j g d i i | | DEAR READER - Now= Ea y TH! ISNT THs “ THAT'S THE OKLAHOMA STATE * CAPITOW-AND BENONO THAT THE “{ GOVERNOR'S MANSION. GOV. BILL MURRAY, THEY TELL ME, THREATENED TO MOVE INTO THE GARAGE, RENT ROOMS IN THE HOUSE AND PLANT POTATOES IN THE FRONT YARD. HE DIO PLANT THE POTATOES. FRECKLES aN! OScaR !! HEY, FELLAS ! CONE OUT OF: y THERE !! Dyn WANTA Get ASPHYXIATED? ' coff.cote.. GEE..THIS SNOKE GETS IN MY EYES AND . Nose= Pouice! Fire! Fire! potice! THEY DONT ANSWER AMEWOH, WHATLL I DoF WHATLL I DoF SONETHING'S GOTTA BE DONE Quick! WIS MUST BE HE Sch TRUEBLUE: BRELU” Ueite GOES - WHAT'S YOUR LAMP SBattinc, ON MY SSRiAL! WELL, I GOT A BIG LAUGH OUT OF THAT THING, AFTER T FOUND THAT IT WAS \NHAT PUT TRE SOUAUII IN MY RADIO-WONT sou Gee,’ so clap! aut LISTEN SAM, DON'T MENTION (ITT Peon e, WHO DON'T NoTice THE CHANGE! |, HOW BRIGHT We ARE! \ ‘OU GUESSED (T RIGHT AWAY! “HOW DO You. LiKe IT? okay BY Me! (E OU KEEP (T DARK, so wie t! = WR cou “TA ES. i i $ j ie et | i