Casper Daily Tribune Newspaper, December 7, 1923, Page 7

FRIDAY, DECEMBER 7, 1923 TAX REDUCTION IS URGED IN ANNUAL REPORT OF TREASURY (2 oor Announced for CHIEF READ BEFORE CONGRESS tary Mellon, in his annual report postponement of transmitted ‘to congress today de cau Suiben triamary comatocs.. cider tien ectaipetows Gould not" aiwupe: Tory, he Caremae spirit tn Cap: | HAR which the nation’s foreign debt had be continued, st added. with annual per this season in the way of re- Doan Teduced $618474.143 in the fe. federal “expenditures, for rentele/ production of an avoid. glorifes: ae pee 23, ans in ur shi | 5 *—Chorus. a pits arp amounting to $20.000,000 end in-| tion of the birth of the Christ child,| }# The Piting Feel “Snorus, reduction in taxation based on rigid creasing. Construction economy and barring “authoriza- that weuld eliminate any tendency | City” by the Casper Choral society "4 ni 4 | 4 | 16. “The Shall Huw No tions for new and unexpected ex- to distribute buildings on a political | at the Presbyterian tabernacle Sun-| ton atte Leggett, Miss Vice | FOr All Cold Troubles penditures.” The report contained basis was urged. @ copy of Mr. Mellon’s letter to fers’ bonus would postpone tax re- justify an increase in the rates paid | follows: duction not for one but for many to the dependents. The Limiting of Part L | it benefit to persons over 1. Introduction. i retiremen' To the usual review of official 7. likewise, Mr. Mellon said, was Pe and he advocated low.| 2 “No Shadows Yonder”—Chorus. years to come.” activities under his direction Mr. Mellon attached additional argu- ment for the general reduction in|! fncome taxes which he has urged. come from cutting the surtax rates “upon large incomes to a maximum of 25 per cent, on the ground that it would actually increase govern- ment income. as well as indirectly benefit the public at large by reduc- ing burdens on productive opera- tion. “The government “firmly estab- Ushed on the basis of balancing its ture, he cited an estimated treasury 000, and a porsible surplus in the after of $395,000,000. nent northern Wyoming physician, “High taxation.” the report con-|is accused of having transported | tests here next year and in Lincoln Mrs. St. Clair Megally from Mon-| in 1925 between the football teams of tana to Wyoming. In the first trial | the Unite Universities of Nebraska Remember— tinued, “even if levied upon an eco: nomic besia, affects the prosperity taxes rests only in part upon the {Individual or property taxed. It js borne by the ultimate consumer-.| the taxation means a high pfic¢/three years for the purpose of as- The recently established system! the finest selections have been made Acting Chairman Green, of the of pensions for retirement of federa! and the superior vocal talent in the house ways and means committea civil service employes was described city brought together for this occa- in which the secretary said “a sold- as showing sufficient cash reserve to sion, is seen in the program which unnecersary, ering it to 68 years. ——_——— 4 “At Eventide It Shall Fe He particularly stressed the advan- Light"—Mesdames Legett, Lesch- tage which he has predicted would insky, Miss Faulk. 5. “They That’ Saw tn Tears’— Chorus. 6. “Eye Hath Not Seen”—Mrs. 7. “For Thee O Dear, Dear Coun- try"—Chorus. 8. “Thine Is the Kingdom”— CHEYENNE, Wyo., Mrs. Jennie St. Clair, the “woman| 9%. Intermezzo. budget each year.” Mr. Mellon satd,| in the case,” is seriously sick and Io. “And I Saw brought the national’ debt, once at| two other witnesses material to de-| and a New Darth” ® figure of over ,000,000,000/ fense are absent from Wyoming, | With chorus. down to a total of $22,082,209 000 on! therefore the trial of Dr. W. October $1. The record, he said, was Bennett of Greybull, charged with one brought about “only by the) violation of the Mann act, set for most tigid economy and the apptica-| December 10 in United States dis- tion of business principles to the| trict court here, will not be called ‘government's finance.” On the pres-j until next May. The postponement ent basis of taxation and expendl-| was granted upon motion of the de- fense, which presented the neces. surplus next July of about $329,000,-| sary accompanying affidavits. TREASURY program. “The construction be he Casper Daily Cridune Chorus, Thy Wor! “The Holy City” To Be Presented Next Sunday No single event will so fully 12. “To the Lord Our God”—Mrs. tralto; Ray Rush, tenor; Bartle, bass. 13. “Come Ye Blesséa”—Mra. planning | 28 the presentation of “The Holy | 9.4: fi 7 be day evening at 7:30 o'clock. That| Pain 3. “My Goul Is Athirst for God” —Mr. Rush. Leschinsky. Chorus. Part 1. Dec. T.— New Heaven H. Roe Bartle 11. “Let the Heaven Rejoice”— Chorus. LATE SPORTS Candies Dr. Bennett, formerly a prom!- H “4 SEATTLE, Wash., Dec. 7.—Con- ‘Chewing pieces have found them lew rich chan all of the country, because in its ult!-| of the case the jury failed to reach mate enalysis the burden of all/an agreement. People who ese fond of Hard and or the chocolates of superweet ‘And by theie prseouag bya ews Tne apresy Ayoobowd and Washington were proposed in a telegram received today by the ; : andy Washington Athletic Authorities ‘ oft Everybody likes ei A labor census ts to be taken by| from Tom Dawson, athletic director Japanese government every) #t Lincoln. po High level and high cost of living. It can | certaining the labor resources of the| _ The art of goldbeating, the process safely be said that reduction in the| country. Income tax reduces expenses not only of the 7,000000 income tax payers but of the entire 110,000,000 People of the United States.” As to the reduction in the surtax fate,-Mr. Mellon said that the his: tory of taxation throughout the ‘world indicated that “means have ‘been found by the ingenuity avold taxes inher ently excessive.” It was significant he sald, that the large incomes re- ported for taxation were éecrearing in number each year, those over $300,000 being 246 in 1921 as conv pared with 395 the year before. ‘The, estates of the wealthy, he pointed out, were flowing into tax securities. The treasury, he contin- ued, estimated that the reduction °F the syrtax to the 26 per cent mazxi- mum, against a present maximum actually increase amounts which the government re- celves, the lesser rate being more than compensated for by the addl- tional volume of tax paid. Mr. Mellon edvocated a'so the re duction of federal taxation on es- tates after death, on the ground that this tax was taken “nct out of income but out of capital,” with cumulative confiscatory effect. To general business aspects Mr. Mellon directed the comment that improvement from the 1921 depres- sion had been noted for a year. Sut- ficient credit at reasonab'e rates had been available through banks, and he concluded that present activ- ity presented the appearance of be ing “sound and stable.” the failure of agricultural sections to share in Federal !and ban! said, had loaned $214,712,000 during the year on land mortgages. Their total of loans outstanding was plac- ed at $789,708,104, while farm land esscclations, through which their fiscal year from 4,388 to 4,538. Taking up the liquor question Mr. Mellon gaid that the nation which formerly had consumed 130,000,000 gallons of whiskey e year, had now in bonded warehouses only 35,000,- 000 gallons altogether. Withdrawa! from the supply during the past year was only 1.700,000 gallons. The treasury’s request for a $28,000,000 appropriation to increase the Coast Guard, the secretary sald, might as- sist to “cut down to a minimum the operation of the rum smugglers who seek to. replace the vanished home product with the spirits of other lands. Putfic building needs, In the coun- try at large and in Washington the report said, ‘required a carefully Pitched SS QML AND GAS WASTE. 1S DISCUSSED BEFORE THE LITERARY CLUB “Stopping of Oi! and Gas Waste” ‘was the current events topic discus- Sed at the regular meeting of the Casper Literary club iast night. Various plans for the conservation of the of] and gas resources were put forth by membets of the club. Attorney James P. Kem read a paper on “The Rights of a Minority Stock holder” which held consider. able interest. Joe Denham was the critic of the evening. Arthur K. Lee, president of the National bank of Commerce, was a visitor. SONSTIPATION goes, and energy, and vim return wuss tie CHAMBERLAIN’S TABLETS stomach sweet—liver active— bowels regular—only 25. oo For results try a Tribune Clacst Ged Aa. by which gold is pounded into thin leaves used for gilding, !s carried on today in almost exactly the same way that {t was many centuries be- fore the Christian Ix asking you to make the Folger Coffee test, we challenge the Coffee world— every known brand. Drink your present favorite brand one morning, Folger’s Coffee the next. Alter- nate them for a morning or two and you will decidedly favor one brand or the other. The Best Coffee Wins Copyright 1923 J. A. F. & Co. 17. “List the Cherub!o Host"— 18, “Great and Marvelous Are ‘ks"—Chorus. Soloists: Mrs. R. B. Leggett, soprano; Mrs. FP. J. Leschinsky, con- Mae Healey. Violet Faulk, Mrs. Graves, Messrs. Harley, Bottom and PAGE SEVEN THE BIG SALE? A Real Genuine ‘Bargain Giving Sale—Going Greater Every Day—Further Reductions Made On All Lines Suits and Overcoats Top Coats, Shoes, Rubbers, Over- shoes, Leather Vests, Hats, Caps, Shirts, Underwear, Furnishings, Luggage, Every Article in the Big Store included in this Casper’s Greatest Sale A FEW SUGGESTIONS Camel’s Hair Scarfs, $3.00 value__...__.-_______ $1.95 Wool Sport Hose, $1.25 value____--_--_----_---___ 90ce Wool Sport Coat, $5.00 value ~----_--------___ $3.95 Felt Bed Room Slippers, $3.00 value__-____-_____ $1.75 Pajamas, fast colors, nicely made, $3.50 value____§3,.25 BATH ROBES Wonderful selections in Bath Robes, $8.00 value-_$6.00 MEN’S TOILET SETS Men’s Toilet Set, genuine leather case—HALF PRICE Handkerchiefs, Neckwear, Tie Pins, Cuff Links, Belts, etc.—Something for Every Man ! SCOTT CLOTHING CO. 240 South Center St. 240 South Center St.