The Daily Alaska empire Newspaper, January 28, 1935, Page 7

[, all INGBME TAX SENT 10 A[ASKA * Deputy Collector Sulllvan to Hold Conference in . | Southeast Cities (Continued rrom Page One) publiz inspestion and study. Another new provisi of Revenue Act of 1934 requires that | corporations with officers o1 employess recefving' miore than| $15,000.00 per year in the form oi | salary, bonuses or ccmmissim\.\; must file a special report with the | Secretary of the Treasury listing | such persons. The Secretary will| be required to prepare a report| listing such individuals for the| next session of Congress. New Rate 2 Per Cent The new act affecting 1934 in- “coras imposes a normal tax on individuals at the rate of four per cent on the amount of the net income in excess of personal ex- emption, credit for dependents, dividends, and other credits instead of the four per cent and eight per rent normal tax rates which were provided in the Revenue Act of 1932, The surtax brackets have been & reduced from 53 to 29. The surtax | is imposed at graduated rates upon | the rtax net income” and rang-| es from four per cent on surtur net incomes in excess of $4,000.00 | and not in excess of $6,000.00 up to | 59 per cent on surtax net incomes in excess of $1,000,000.00. The “sur- tax net income” is the amount of the net income in excess of the personal exempticn and credi; for dependents as prcvided in the law. Tax Helding Companies The tax imposed on corporations | under the new revenue act is in general at the same rate as pro- vided by the Revenue Act of 1932, that is, 13% per cent. The new law imposes a new rate endeavor- ing to reach the adjusted net in-| come of corporations who have im- properly accumulated surplus and the rate ranges from 25 per cent aon adjusted net income not in ex-| cess of $100,000.00 to 35 per cent| on adjusted net income in excess of $100,000.00. The surtax on un- distributed income of personal| holding companies ranges from 30 per cent upon the undistributed incomes not in excess of $100,000.00 to 40 per cent in excess of $100,~ 000.00. The other changes in the act of importance to the taxpayers| relate to capital gains and losses, and earned income credits. The collector announces that h office staff of deputies will gladly | assist taxpayers, informing them of | ;the provisions of the act as rap- idly as information is furnished his -office interpreting the provis- ions of the new revenue law. e My'Beauty Hint _MILDRED STONE If your blende hair looks dull, try using a tablespeonful of vine- gar in the Jukewarm rinse - water after a shampoo. Shop in Juneaa. BLENDED; ROASTED, AND VACUUM SEALED BY NATIONAL GROCERY CO. _} ki et THE DAILY ALASKA EMPIR& MONDAY JAN 28 1935. Puget Sound is battered by storm and wind. - Alki Beach, near Seattle, was cne of the many Puget Scund shere peints roughly treated by the elements in the Pacific Northwest's latest storm. Pheto shows hew mountainous waves, driven by a gale, Teaped the embankment and inundated the re highway fer many blocks. FIRST DETAILS ON GROUNDING OF “VIC” TOLD Paul Coe, Veteran Purser with Yukon, De- scribes Accident In the opinion or' Paul Coe, a purser with the Alaska Steamship Company, the night of January 21 —when the Alaska Line's Victoria was grounded in Johnson’s Strait while attempting the Seattle-Alas- ka ports run—was “the dirtiest night in my twenty years of sail- ing Alaska waters.” Coe gave an Empire reporter the first complete account of the mar- ine accident when the Yukon reached port from Seattle. Coe was purser on the Victoria, and, along th 126 Victoria passengers, was transferred to the Yukon. The veteran purser said that the combination of a heavy fall of snow and a strong wind caused the grounding of the vessel, the second accident of that type exg flllIIIIIII|lIIIIIIIIIIIIIHIIIIIIIIIIllIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII|IIIIIIIIIlllllllIIIII|II|IIIIIIIIIIIIIIIIIlIImIIIIIIIIIIIIIIIIIIIIIIlllIIIIIIIIIIIIIIIlIllIIIIIIIIIIIIIIIIIIIIIII ern cowpunchers, ‘With New England fishermen, west- northern lum- by the Victoria in as mavy north- | bound trips. Was Drifting “At the time of the accident, the Victoria’s engines had been stop- ped,” Coe -said. “Capt. H..Odsen had’ Been unable to‘find' suitable anchora and the ' vessel ‘was drifting. It was impossible to see more than 40 feet in the snow. The wind was blowing so strong that I had much difficulty in pushing open a door leading out on deck. The Victoria was not ‘run aground’; she drifted on Es- cape Reef due to a combination of swift current, tide and wind. Captain Not to Blam: “In my opinion, Capt. Odsen did everything a skipper ld have done. No captain could have done more, It was just a plain case of too many elements’.” No jar was felt when the Vic- toria struck the reef. In two hours she had refloated herself. How- ever, it was found that there was a slight leak in the No. 2 hold, so Capt. Odsen ordered the put about and the Victoria back to Seattle. The vessel arrived in the Puget Sound port at 10 o'clock in the evening of January 22. The pas- sengers ate and slept aboard the Victoria until transferred to the Yukon. That vessel left Seattle, went | night of January 23 and boat | WILL STUDY U. S. MOVIES Former ‘Prince Sigvard, of Sweden, to Make Trip to Hollvwood STOCKHOLM, Jan. 28—Sigvard Bernadotte will soon sail for Holly- wood to study American manners of | making movies. He is the second son of King Gustaf of Sweden, the former Prince Sigvard who fore~ swore the title and privileges royalty to marry a commoner, ika Patzek, of Berlin. northbound, at 11 o'clock on the arrived in Juneau early Sunday morning. Held by a longshore strike here, she was not expected to leave for Seward until late today. One hundred and ten dirst-class passengers from the Victoria, along with 16 steerage passengers were transferred to the Yukon, Added to the 29 first-class and two steerage passengers already booked for the Yukon, an excep- tionally large mid-winter manifest was brought to Juneau by the lat- ter vessel. Er- Two Yeats--Fi lshmg Regulation F! eared, . Conditlon ‘of ‘the ‘n-edmry has materially improved in the last twe. years, according to:the’ repors of "W: G. Smith, Territorial- Treas< irer, 'submitted ‘today to: the m— ‘slature: @Gash balance in alt !unds’Deeem- er 31, 1934, totalled $516,398.26 1gainct which " were ' outstanding warrants totalling. $59,288:36; with 16t cash - balance ‘of - $457;100.90 17ainst which'are Federal Emergs ney Reliel funds of about' $20,000. the report points” out.In: addition to the cash balance thereareiavail- able for sale bonds purchased: for the Pioneers' Home Building Fumnd valted at $178,600. and”'Wrahgell school bonds wlth a pti\ mue Of $40,000. Fishing, Mlnin‘ Mw months havé' shown' sighs™of: ense- ment - and-weré it not for the i(hreatened closure of Bristol Bay for fishing in 1935 and: Tumored | further elimination of fish' traps; | the future might be viewed with ‘a certain amount of‘ confidence,”” the Treasurer says in his report, “Min- ing taxes should show marked in- creases, due to increased price of gold,” the report continues. “The large canned salmon pack of' 1934 should tend to swell tax receipts in 1935 in approximate amount of | $200,000 over tax receipts from this “fource in the year 1934, with offset, However, of some $50,000 or more from Bristol Bay PFishermen's li- cense fees and school poll tax col- lections.” | Beer, Wine Revenue | Phe total of beer and wine li- cense fees to' September 30, amounted to $55402.10, total, of excise taxes collected by the Treas- urer’s office amounting to. $37,725.55, the report shows. To the same date bard and distilled liquor li- cense fees totalled $15487.50 with excise taxes of $7,393.75 — e ROBERT E. COUGHLIN IS CONFINED TO. HOME, BY ATTACK OF INFLUENZA Robert E, Coughlin, Cletk of the United States District Court, is confined to his home in the Mc- Bride Apartments by an attack of influenza. *Collections during the last few There is a truism in ihis simple statement: the value of the nome- amhnnt epends upgn two things, first, the quality and quantity andise e has’ for' sale; second ‘the vigor dnd manner in ch hih home—tdvm fdfl(a ubout it. e 2 Poopld, fn those Hiodérn"times, are oftén hard put to maintain con- tinuoqs lgyalty to their home-town merchants. The best way for any ocal ‘mebehant, to compete’with farger centers of trade, is to forever ‘éve; 'telling ‘humiah befniga in His ‘community’ about his wares. il statement, ublishéd fh a' riewspaper that depends upon adver- mgf\m- ity ehief révenue; ‘nay séem prejudiced, it is, nevertheless, -the ab: mte"truth" el g Every time the local newspaper goes to press without the advertise- menta of some local business that has something to sell, the local business is not co-operating" with' other: dd\'ertlsm in ‘the common effort to keep loesl' eitizens buymg at’ Home Y aed X ““The individual store that contams everythmz in its particular Hmne, stands a good chance of getting a& filtomers. The commu nw . of stores that offers the widlest ran enchandise for its stands thé best' chante oftgétting s Mmt%e tmde of it§ commun and adjacent areas. Advértising is merely telllng a t‘hmz Some businesses need to tell often and loudly, others may get along with softer voices; it depends upon the type: of business, together with' its quality of mnnagement A community of merchants that wins suécess'is one that stocks its shelves' with what people want and need, and ‘then tell"about it on every possible oceasion. Local residents say: “We are your past, present, or future customers and we need to. buy your merchandise and your services. But gease display. your goods. attractively; do your best to price them ‘reasbriably; and also remember that in this busy world of today we, like youraelveq need to be told what and where to buy. “Build up, by co-operative and collective action, the merchandising center of our town; bring everything possible within your establishments that you think we need. “We know, deep down in our hearts, that you community merchants need and deserve our patronage; we know that you are part of our town; you support our local institutions; our children have: learned hp lu)gw you; too. 3 v e . &y DR S A 1 “We want to spend every possible Fenny rb&:t here: at: home: You do gour part, Mr. Merchant, and keep telling us rouph yolfir Ww to dc ours.” HELP ALASKA’ Postal Telegraph Company, as its munity-r cent goingto the President’s ng it, thé other 30.per Throu gh the President’s Bir 70% m’ Bisthday llllllllllIIIIIIIIIIIlIIIIIIIIIIlIIHlIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIHIIIIflllflIflfllllliflillflmmillllllllflflmlIlllIIIlllImlIIHI|IIIIIIIIIIIIIIIIIIIIIIIIIlllllllilllIIIIIIIIIIIIII!IillflIIIIIIII‘IIIlilIII‘I‘I‘IHIHIIIIIIIIII!IIIII flllllllllllllllllllllllllllllllflllIIIIIWIIlIII|IIIIIIIIIIIIIIHIIIIIIIIIIIIIII berjacks and sedate. metropolitan business men joining hands to stage Birthday Balls for the President in more than 5,600 cities and towns on January 30, the debutantes are doing their bit by turning messenger boys to help a million Ameri :rns say happy birthday to Mr. Roosevelt and thereby aid in the drive to raise funds to fight infantile paralysis. It's all made pos- sible by a plan under which the contribution, has offered to gather the names of all Americans wishing to aid ‘the Birthday Ball movement and pre~ sent these names to the President on the world’s largest birthday greeting message. Postal officialsthroughout the ‘country are accepting names at twen- ty-five cents each, the entire amount to be devoted to the war against in- fantile paralysis. Seventy cents. of every dollar will return to the com- ission for Infantile P: sis Research, of which Col. Henry Doherty fs chairman. Right and left, child sufferers who will be aided by the n birthday greeting plaw every city, (center) Miami, Fla, g up Names for the big message, Tustling and (below) American; youn who will be spared the ravages 2 infantile paralysis if the disease is. conquered in this country. T e R A IIIllllIIIIIIIIIIIIIIIIIIIIIIIIIIIIImllIIIIIIlIIIIIIIIIIIIIlllmlIIIIIIIIIIIHIIIIIIIIIIII!HI‘IIIHI' For the Relief of Paralysis rers E FUND RAISED STW | }Uzvmv ooy LRl Honior Presdent F ranklm D. Roflseveh ut the E&S’ ver @ Hall W¢dnes¢l&y Night! - o ¥ ‘T]ns space donated by The Daily Alaska Empire to aid in the success of the IIHHIIIHIMIHI]IIIIIHHIIIIIIIIlIIIIIIIII|IIIIIIIIHII|IHIIWIIW i SR AE s “ ‘ Brendem s Ball.