Casper Daily Tribune Newspaper, February 11, 1924, Page 6

3. "ve “ae n it — ae nA SRAE ART sibel u r it ct me 7 be Casper Dailp Cribune MEMBER THE ASSOCIATED PRESS The Associated Press is exclusively entitled to the use for publication of all news credited in this paper @nd also the local news publ:shed herein. The Casper Daily Tribune issued every evening anc The Sunday Morning Tribune every Sunday, at Cas- per, Wyoming. Publ.cation offices: Tribune Building, opposite postoffice. Entered at Casper (Wyoming) postoffice as second class matter, November 22, 19 Business Telephones -— Branch Telephone Ex Departments. ———$—_— se By : J. BE. HANWAY and E. BE. HANWAY Advertising Representatives Prudden, King & Prudden, 1720-23 Steger Bidg., Chi- cago, Ul., 286 Fifth Ave., New York City; Globe Bidg., Boston, Mass., Suite 404 Sharon Bldg., 55 New Mont- gomery San Franc! ‘Tribune are on file in t ‘ew York, Chicago, Boston, and San Francisto offices and visitors are welcome. Member of Audit Bureau of Circulation (A. B. C.) By Carrier and Outside One Year, Day and Sunday ae One Year, Sunday Only ---- 2.50 Six Months Daily and Sunday 1} Three Months, Daily and Sunday One Month, Daily and Sunda: Per Copy ~~ One Year, Daily and Sunday One Year Sunday Only ---. Siz Months, Daty anc Sunday Three Months, Daily and Sunday One Month, Daily Suntay — All subscriptions must be paid an Daily Tritmune wil not insure delivery after subsctip- tion becomes one month in arrears. KICK. IF YOU DON’T GET YOUR TRIBUNE. If you don't find your Tribune after looking care- fully for it, call 15 or 16 and it will be delivered to you by special messenger. Register complaints before 8 o'clock. Why Be Deceived> Shortsighted indeed is the laboring man who is deceived by the pretenses of those who prom- ise to relieve him by reducing the taxes on small- er incomes and increasing the rates on larger in- comes. There are mighty few laboring men who pay any income tax directly. Reducing taxes on smaller incomes, therefore, gives him no re- lief. The income taxes they really pay are paid indirectly, when they buy goods made by a man- ufacturer who pays a large income tax and adds that tax to the price of the goods. The income tax law gives every head of a fam- ily an exemption of $2,500 if the income is less than $5,000. There are few laboring men who have an income taxable after the exemption has been allowed. Those whose incomes are below the taxable limit have, therefore, absolutely nothing to gain directly by the reduction of rates on small incomes. A change in the law cannot lift that burden from the shoulders of the man who is not carrying the burden. But there is an income tax burden upon the shoulders of every man, even though he has not an income large enough to be taxed directly. The nature of that burden is indicated above. The manufacturers of clothing, of-farm machinery, of automobiles, of canned goods, of gasoline, of leather goods—all of them are paying high income tax rates, up to fifty-eight per cent, and necessarily, they are charging high prices for the goods in order to make up for the amount of tax they pay the government. The man with a $1,500 or $2,000 income may not be paying any tax directly, but he is payin} one every day indirectly, and it is that tax which the Mellon plan proposes to lift. But it is not the large tax rate alone that the Mellon plan would reduce. While laboring men do not usually have an income large enough to be taxed, there are a lot of people who do, and are not in the millionaire class either. These people pay taxes on incomes of from $1,000 to $10,000 in excess of the exemption aliowed by law. Mr. Mellon proposes a reduction of twenty- five per cent on all such incomes and a reduc- tion of abont forty-four per cent in the case of earned incomes. He proposes reductions all along the line, including the taxes on large in- comes, which taxes the laborer helps to pay, indirectly. Some of the opponents of the Mellon proposal have made a great display of desire to reduce the income tax burden resting on the farmers of the country. As a matter of fact, there are few farmers who pay any income tax directly and the amount these few pay is small. But the farmer, like the laborer pays, income tax in- directly, and it is that tax that Secretary Mel- lon would reduce but which the political “friend” of the farmer would continue to impose. Nearly every farmer has a family, and, therefore, has an exemption of $2,500 to $2,800. How many farmers are there in the country who have in- comes above that exemption on which they must beneficial to the public is democratic than any form of socialistic public United States, less the balance in the general . Cal. Copies of the Daily! months. A man who can show such results is vocates a new schedule of internal revenue taxes his handling of the debt problems. $1,000,000,000 would have to be paid in the first | tain parks, clean streets, conduct public schools, employ police and fire departments, and sup- port hospitals and jails. lighting, children’s playgrounds, municipal dance halls, public auditoriums, golf links and numer- ous other things proposed, and you double the pay taxes? Not many. But every farmer pays in- come taxes when he buys commodities. Every tenant of a city apartment pays an income tax indirectly when he pays his rent. If the farmers and the city tenants are to get any relief from! federal taxes they will get it chiefly through the reduction of taxes all along the line, as proposed in the Mellon plan. “Taxing the rich” is plausible in theory, but It amounts in the end to taxation of people of relatively small means. Where It Belongs The Democratic governor of Colorado urges that the Bok peace plan be made a part of the Democratic national platform. It is a worthy suggestion, fully in keeping with the party pol- icies of recent years, and should be adopted. Then we would have the interesting contest of 1920 all over again, with the yerdict against en- trance into the league, yia the Bok plan or any other route, just as convincing. In the years to come the Democrats are privileged to make the league the leading issue of their presidential campaigns as often as they please. It will al- ways be welcomed by the Republicans, as there js no more certain way of maintaining the con- tinnity of Republican administrations. Truly Co-Operative Inducing customers and employes to become share holders in public service corporations is a marked feature in the successful management of such utilities. In one western state, Colorado, 5.545 new stockholders purchased 16,593 shares of stock. The company only offered 16,000 shares of this 7 per cent ‘preferred stock, and among the bid- of Denver and Boulder and a large number of smaller towns and villages. When the customers of a gas or electric com- pany become share holders and participate in the profits of such a Gre Ses the result is ring good manage ment and good public service. sary that In California nearly $100,000,000 of such se-| straight and narrow way that leads curities have been sold in the last few years,|to sensible tax redu Hil ts alive with with fair rates established by the state. Is not this system more truly American and ownership? A Real Mellon Cutting On the last day of 1923 the gross debt of the fund of the treasury, stood at $21,589,000,000. On the last day of 1922 it was $22,448,000,000. The difference of $859,000,000 is. the cut which the able management of Secretary Mellon has made in the debt burden during the last twelve surely competent to give sound advice on nat- ional revenues and expenditures. When he ad- and denouncs th $5,000,000,000 bonus raid, his recommendations are dictated by the same con- cern for the national welfare that has guided The Load It Adds Treasury experts figure that a soldiers’ bon- us would cost well over $5,000,000,000 of which own party who warned him he was|many vain things when left to it-| courage, candor, or plain dealing You know how hard making ‘great political blunder.”’| self. One of the vainest of these is| than has been gxhibited by the pro- to the children vided For, they sald, the ‘wild men” of| that {t knows more about the kind| ponents of the Bok project our con- get the toclean the new congress will run wild if|of tax revision the country wants| tribution to European politica would their teeth. By giving revision is attempted and upset all/ than the taxnavers themselves. Its| not qualify us for the office of moral > thi WRIGLEY’S tax policies. Predictions were made| proposed swappings, tinkerings an’| monitor to mankind to which our em you not that the Administration “would be| compromises are viewed with dread | internationalists aspire. onlyreward them forclean- four years. It is declared that the average cost for the first twenty years to meet the payments and sinking funds would be $211,000,000. It ought to be clear that such a load added to the other|as well as Democrats, who did not financial burdens of the government would pre- to come. Speaking of Burdens Public ownership of public utilities and op- eration of the same without profit is a beau- tiful dream, but few people stop to think what : : fe it might mean. Cities have their hands full now managing financing, taxing themselves, and raising money. to handle all that is expected of them under present conditions. They must pave streets, build sewers, main- Add to this the management of street rail- roads, telephone systems, gas plants, electric taxpayers’ burden. The payrolls and financing of all public util- ity enterprises would exhaust the credit and taxing power of municipalities. Is not the present system of using both pri- vate and public credit, private and public enter- prise under sound public regulation a better system, and does it not lead to a maximum of community development? If it were all loaded upon the general tax- payer, would it not be a staggering burden that would destroy individual enterprise and initia- tive? Oil and Wheat The expected. has happened. Crude oil is grad- ually becoming less of a drug on the market, as consumption overtakes production. The price of crude oil has begun to increase with the result that the price of gasoline is fol- lowing suit. The small producer of crude oil whose back has been nearly broken by low prices will rejoice at the upward trend. It is probable that as prices begin to right themselves the accusation will be made that the price of gasoline has been artificially increased. The present condition in the oil industry is typi- cal of the situation that results in any line of production when consumption begins to outstrip production after a prolonged slump. If a similar condition existed in regard to the farmers’ wheat, the whole country would rejoice. While nobody expects consumers to be jubilant over an increase in oil prices, it is not unrea- sonable to expect them to recognize that condi- tions are the same as in wheat production, large crop, low price, short crop, higher prices. Just Common Sense “Bill Jones is certainly a lucky fellow, any- thing into which he puts his money seems to turn out well!” The next time you hear this remark, look up the record of activities of Bill Jones. You will probably find a man who considers an invest- ment from many angles before placing his money in it. Instead of taking a chance he gets first hand information on the proposition. He does not simply take the “seller’s” word as to the merit of the undertaking, but he goes to outside sources and checks up to see if the “seller” has a good reputation and whether or not the facts bear out his statements. It is probable that Bill Jones knows more about a proposition offered him than the “seller” himself. Bill isn’t lucky, lie just uses common sense and arails himself of the experience of others. Almost anybody can earn money by following ; recognized rules that apply to business under- takings, but few can invest money profitably if they rely solely on their own judgment, because they do not have the experience on investment matters to guide them. That is why sharpers can Shs the public out of millions of dollars sm- nually. We'll wager if you dig a little deeper on old Bill Jones, you'll discover that he is also thoughtful enough it consult some reliable bank- er or other investment authority before he puts his money into any enterprise. | President Coolidge says ‘When you snbsti- tute patronage for patriotism administration breaks down. ders were 1.590 employes of the company. This public service company serves the cities | The Chicago Tribune’s opinion is that Bok referendum is the ‘pink referenduias a It {s strange how much convinc- ing and reconvincing seems neces- Capitol Hill. were leaders of Secretary Mellon's] juices, congress imagines a good discredited before New Year's Day. It proved instead a master political stroke. Yet when the President's message backed up Scretary Mellon, many of his own party were openly resenti-| should be taken on Capitol Hill as| duced expenditures by~bundreds of important service! ful. There are divers Republicans,| one more of the many reminders of| millions of dollars annually, thus what the country wants and has a| making possible Secretary Me'lon’s WR 7y” est want, never have wanted and will| right to expect. And—that {s, the| beneficent and sweeping plan of {n- IGLEY’S aids digestion - not willingly approve a sane, care- clude any appreciable tax cut for a generation | ¢,,; gi Abe ‘Woman 1s inconsistency itself In her clothes fooling! —-— ne can not tel! just what she cares| She means business! Buzz Saw—The toller plods along To do by anything she wears A Bad Fall the road, Nick—I had a horrible fall last] The cynic halts and snickers, No one knows. - In summer, on Some man's daughter. Clad in a bathing suit, this maid. Although she may be sore afraid Of the water. Or she may wear a fancy riding And boots of course, And a jaunty hat cocked, on one Glass Party and the Democratic party is Although she knows she'll never that the first is an embodied effort ride Uncle Lem Says for construction and the second is On a horse. Some times you see her in a yacht- And like as not, An anchor ring is on her hand, Although she knows she could not A rolling yacht. But when you see her in a wedding dress, And no dizziness In_her eye, but a sort of cooling, Carr—This ard glands in it. ‘The Liquor Question Past: “What'll you take?” Present: “Where did you get it?” Future: “How do you make this?” They bent to the storm of national, nonpartisan approval of the mes can people are fortunate in having . at the head of their executive and © admistrative affairs a man who has sound ideas about thrift and econ- omy. to hold congress in Boston News Bureau—Just before Mothers! Give the children WRIGLEY’S First Drunk—Whash matter? You ot your pantsh on wrong side out. Second Worse—Thash awrigh’. ‘I ‘wanta get the bag outa the kneesh. Our Daily Song Hit “Tf Kissing is the Language of Love, I Know a Lot of Deaf-Mutes.”” the unremitting pressure ttle and big taxpayer. In its own queer, Washington world congress forgets so easily, These whisperers of com- Promise are too easily discouraged. They forget the weight of opinion Hoss ‘Ary. erate by tabreoaa Widespread A prominent physician says: fully drawn, Opinions “It is surprising how free from decay a ” sane and falr from high brackets to the teeth can be kept by using gum low. Chicago Tribune — If America after each meal."* © In Noyember there} Stewing in its own political| should be unwise enough to enter the league and showed no more and distrust by a public that wants a balanced, sound tax revision. ‘The President's stand will rally all who are afraid of the tinkerer and tbe political potmender. It ing their teeth, but the reward is actually the means of performing this Troy (N. Y.) Times—The Federal Government, under a plan estab- Ushed by President Harding and continued by Mr. Coolidge has re- The prophets were wrong. of the Treasury Bill, intact too, and acts as an anti- and unmutilated. - septic wash for the mouth and throat. Sev- come tax reduction. and scientific tax reduction. Recent Supreme Court Déciston— “The slight gain to the customer A which he would obtain by an unwar- eral Ors-: Lines And Angles ranted reduction in utility rates, is flay all of els - Behe compared with his share WR IGL E Y TED OSRORNE in ruin which would be brought qua ale about by denying industry just re. lity. Happy smile. Look out! for she’s not| ward for services rendered.” night. Nack—That so? Tell me about it. Nick—Well, my girl was talking: I hung on every word, and then— Nack—Yes, yes. What then? Nick—Her voice broke. Service On the street, in an old Chinese mart, Is a restaurant thought to be smart. You can get, if you wish, Horse-flesh for a dish, And they serve it to you a-la-cart. One man who he!ps to pull the load the beach there Is worth a thousand kickers. strolls Houston Post (Dem.}—The com- plaining farmers of the Middle West are going to learn some day that the heavy taxation saddled upon the carriers is responsible in a consider- able degree for the high freight rates of which they complain. St. Louls Times—The main dif- ference between the Republican habit, an organized perpetual voice of pro- “Th’ trouble with love knots is teat: that too many folks leave out the "" Lynchburg News (Dem.-)—It is to be borne in mind that behind Sscre tary Hughes’ position in respect to Russia, is lned the substantially solid and enthusiastic public senti- ment of the United States. ing costume, The devil can do many things, For he has got the price. But he can never skate, for where stand In hell can be find ice? your Ford Carr—Over eighty miles an hour. Otto—Bunk No Ford will go that fast. ‘First Aid’ For Sick Children ‘HE mother is not trouble; sal “Tattgeeg whens cd bape trnte the blood and'dey cp. the ailments of childhood are trifling. well's Syrup’ So Said the Great Emancipator ---and so Says This Bank It was this-moral power, this strength to do that which he knew to be right that gave him immortality. You may not become immortal but you will gain a large measure of happiness and contentment, if your life is built upon this same conviction. “ale, Building Materials > We are equipped with the stock to supply your wants in high grade lumber and build- ers’ supplies. Rig timbers a specialty, KEITH LUMBER CO. Phone 3 Right living means thrifty living, which is nothing more than careful expenditure and wise saving. This Bank will be glad to help you live rightly and thriftily. CITIZENS NATIONAL BANK Consolidated Royalty Building "