The Daily Alaska empire Newspaper, February 15, 1938, Page 3

i CAPITOL | " LAST TIMES TONIGHT | SARATOBA TO END TONIGHT AT CAPITOL ‘ Clark Gabl—e_,—Jean Harlow }| Seen in Comedy Drama -1 = s SARARTOGA SHORTS The Grand Hooter Merry Manikens G-M News idnight Preview Tonigh “Worrying Rock” Gets Too Much Business HAPEVILLE. Ga., Feb. 14, — It didn’t take Bill Ward long on the municipal “worrying rock” to find out it doesn’t pay to worry about other people’s troubles. The community erected the rock on the public square to help hum- anity unburden it cares. Ward took over the job as official worrier and lasted two days sitting out the wor- ries of the public. “It was all going out and noth- ing coming in,” he said as he threw up the job with a gesture of futil- ity. “Lots of people wanted me to worry . for them but that did not do my own worries any good.” Gov. E. D. Rivers assisted in dedicating the “worrying rock” which Courtland Gilbert, a news- paper editor, suggested to give “dis- appointed lovers, politicians and others a place to mope without bothering other people.” Thousands have used the rock, visitors from many States stopping to sit on it and erase a WOITY Or so. English Garagemen Boost Price of Air LONDON, Feb. 15.—The air is no with LIONEL BARRYMOR' FRANK MORGAN WALTER PIDGEOY UNA MERKEL Directed by Jack Comway Meq kg ey v longer free in some parts of Eng- | land. A number of garagemen have decided to charge 12 cents ‘every time ghey have to inflate a motor- ist's tires. This and such other services as filling ‘radiators and topping up batteries are performed free by most filling stations which depend on good will for much of their business. But the garagemen say the serv- ices cost them several pounds a week in time and they are dis- turbed over “undercutting” by fill- ing stations. without “dosing” VICKS APORUSB AS A PAID-UP THE DAILY ALASKA EMPIRE W.W. Roff is invited to present this coupon at the box CAPITOL THEATRE. AND RECEIVE TWO FREE TICKETS TO SEE of Race Track Thrills, laughs, drama and ro- /mance mingle in a literal cross sec- |tion of American racing life in “Saratoga,” Metro-Goldwyn-Mayer |drama of the turf, which brings | Clark Gable and Jean Harlow to the Capitol Theatre, for the last time | tonight. Penned by the authors of “San Francisco” Anita Loos, and Robert Hopkins, it has handling of the ‘lhx'llls. such as the great race that |climaxes the story, much of the same virile quality. Miss Harlow 'and Gable hate, fight, and tinally love in a romance now whimsical ,comedy, now tense drama. Jack | Conw; direction is as skillful as it was in “Libeled Lady,” and Lio- nel Barrymore contributes one of his outstanding characterizations as /the old race horse breeder. “Saratoga,” tells the story of the daughter of a rich horse owner and a bookmaker, her father's friend, whom she hates and fights ,and then loves. Intrigues over “ringing” bets, plot and counterplot behind ithe scenes in the paddock,and fi- ‘naHyA the sensational racing cli- |max worked out on a new dramatic twist, keep the picture packed with action. Against this action the ro- , mantic story is developed. Una Merkel and Frank Morgan |appear as a new hilarious comedy {team, Walter Pidgeon plays a fine |part, and Cliff Edwards adds laughs and a song. George Zucco, Joma- Ithan Hale, Hattie McDaniels, Fran- (kie Darro and Henry Stone are |among the principals. | BANK NIGHT IS NOT VIOLATION OF ALASKA LAW Attorney General Holds General Practice in The- atres Not Lottery Here (Continued from Page One) name in the book, and, second, be in such proximity to the theatre as that he could claim the prize after his name was announced. If he is not required to purchase a ticket of admission to the theatre either as a condition to signing the registration book or claiming the prize when his name is drawn, the paying admission to the theatre added nothing to the chance. “We have reached the conclusion that we have no statute under which |we can say that the scheme gen- (erally followed in the Territory by our theatres is either gaming or a “lov.tery‘ and, this being so, there lis nothing to bring the transaction under the terms of our Nuisance !Act. We do not, by this action, ex- press our approval of the very wide- 'spread custom of distributing money |at moving picture theatres, on what iis variously called Bank Night, Sil- iver Night and.Etc. . . . “In our opinion detailed discussion jof this argument is not required, ibecause our statute definitely re- quires that, in order to constitute a lottery, payment must be given for the opportunity to participate. Although signing one’s name in a book or appearing at the theatre at the time of the drawing might be regarded as consideration, it can- |not be called ‘pay’ without warping /that word out of all recognition. |For the purpose of creating a lot- |tery, consideration must be some- thing of value. “The problem presented by bank night, and similar schemes is to de- |termine whether it is an evasion of !the statute or an avoidance of it, and this question is essentially one of fact. in answering this question, we do not propose to close our eyes | SUBSCRIBER TO office of the THE DAILY ALASKA EMPIRE, TUESDAY, FEB. 15, 1938. SPEAKI NG OF HANDS, how's this one for a bridge game? A fifth suit which is called “green,” with aces bearing a leaf- like design (see ace at right), has been added by Walter Marseille, a Vienna bridge fan. He says it makes bridge and poker much more intricate—and interesting. | Milfon Meets S Newly-appointed Senator John Milton, 5 met Senate leaders shortly after he was sworn in. L resident Garner’s office, are Garner, Majority Leader Barkley. picture, taken in Vice P to reality. The test by which to de- termine the answer to this question is not to inquire into the theoreti- cal possibilities of the scheme, but to examine it in actual practical operation. As we understand the ac- tual situation under consideration, free participation is a reality. If this is so, then, regardless of the motive which induced the theatre to give such free participation, the scheme is not within the ban of our statute “Inasmuch as the purchase of a ticket to attend the show not being required, the only and principal element necessarye to constitute a lottery being lacking, it is our opin- ion that ‘Bank Night' theatre draw- ings in Alaska, as conducied at the present time, do not censtitute a lottery.” e The term robot was first used in 1920 by Karel Capek in his play ‘R. U. R.” to designate a mechan- ical man. e The Spokane, Wash., wheat region produces one-ninth of the nation’s wheat crop. " The Ranee and a Wrestler senate Leaders of New Jersey, is shown as he Left to right in the Milton, and Brifsh Army Costs $30,000 Daily fo Feed LONDON, Feb. 15—It costs $50,- 000 a day to feed the stomach the British army travels on, War Min- ister Leslie Hore-Belisha revealed recently. Seventeen thousand tons of meat and 25 million loaves of bread are consumed in a year at the meals, which are prepared by 2500 cooks. And just to make sure every- thing tastes all right, the cooks are sent to the army cookery school before they start dishing it out. Australia will join the procession of nations using the radio to fur- ther their interests 1t favorable action is taken on a recent propos- al. - e Empire classifieds pay. | Although the Ranee of Sarawak, wife of the only white Rajah in the Your Name May Appear—WATCH THIS- SPACE | 1 vorld, seemed upset when Princess Baba, her daughter, married Bob 3regory, European middleweight wrestling king, all is now well, to judge ‘rom this picture, taken in New York. It was snapped when Bob and 1is bride disembarked from the Manhattan and were met by the Ranee. BARANOF HITS .. LOE, PROPELLOR BLADE THROWN Steamer, Juneau Bound, Goes to Prince Rupert Drydock, Repairs (Continued from Page ©ne) last Saturday morning, booked for Juneau aboard the Baranof, are as: follows: H. Bowyer. Grisham Williams. William R. Norton, Mrs, Norton, R. Alderson, Cash Jackson, Mrs. Wallis George, Miss George, Wallis George, Jr. Mrs. Herrett, C. Burglia, Agnes Dohs, Cliff Hawkins, Cecil Stoner, Mrs. H. Eldredge, Miss H. E. Sto- ner, Alex Anderson, Mrs. Anderson. Leo Sven, W. Crouch, G. Hossick. Regular Sailings Steamer Alaska will make the regular Saturday sailing from Se- attle next Saturday morning at 9 o'clock, according to advices receiv- ed by Agent H. O. Adams, of the Alaska Steamship Company in Ju- neau. The Mount McKinley will leave the following Saturday, Feb- ruary 26, taking the run of the Baranof . Wilbur Wester, Monte Edward Paine, Frank IR & o "YOUR INCOME TAX CAPITAL GAINS AND LOS! - Section 117 of the Revente Act of 1936 deals with the manner or method of taking into account in computing net income gains and losses resulting from the sale or ex- change of capital assets as com- puted and recognized under sections 111, 112, and 113. Section 117 (a) proviaes ina the case of a taxpayer other tha a corporation only the following pr centages of the gain or loss recog »d upon the sale or e nge ¢ a capital asset shall be taken into account. in computing net income 100 percent if the capital asset ha been held for not more than 1 yea 80 percent if the capital asset has been held for more than 1 year but not for more than 2 years; 60 per- cent if the capital asset has been held fyr“ptore than ars but not for migré than 5 years; 40 px-r(;m\! if the capital asset has been lLeld for more than.5 years but not for more than 10 years; 30 percent if the capital asset has been held for more than 10 years, Section 117 (b) defines capital assets as property held by the tax- payer (whether or not connccted with his trade or business), express- | ly excluding therefrom stock in trade of the taxpayer or other prop- erty of a kind which would proper- ly be included in the inventory of the taxpayer if on hand at the close of the taxable year, or property held by the taxpayer primarily for sale to customers in the ordinary course of his trade or business. In this deiinition the length of time the iR asset was held by the taxpayer is even though winter rules the Wearing his robes of office for the Reed is pictured at his desk before United States disregarded. Section 117 (c) provides the rules for determining the period for which a capital asset has been held. These provisions are in general to the ef- fect that, where property cquired in an exchange and the property so acquired retains the old basis on which to compute gain or loss or where property is acquired from an- other person and the property re- tains the same basis on which to compute gain or loss as it had in the hands of the person from whom it was 50 dequired, the period for which the property disposed of in the ex- change or the period during which the property was held by such for- mer owner is also to be included in determining the period for which‘ the property is held for the purpose | of section 117 (a). | Section 117 (d) provides a very important limitation affecting all taxpayers (including corporations, except with respect to banks and trust companies), that is, that losses from sales or exchanges of capital assets shall be allowed only to the extent of $2,000 plus the gains from such sales or exchanges. Section 117 (e) provides that gains or losses from “short sales” of prop- erty, and gains or losses attributable to the failure to exercise privileges or options to buy or sell property, shall be considered as gains or losses from sales or exchanges of capital assets. In the former the percen- tage of the gain or loss to be take into account shall be computed ac- cording to the period for which the property delivered was held. In the latter the gains or losses shall be ronsidered as arising from sales or exchanges of capital assets held for 1 year or less. Section 117 (f) provides that amounts received upon the retire- ment of corporate bonds and similar evidences of corporate indebtedness, with interest coupons or in regis- tered form, shall be considered as amounts reeeived in exchange there- for, thus giving to any gain or loss thereby resulting to the holder the status of capital gain or loss, as the case may be. —————— HIRED for “four Bandman Ceorge } at a N. Y. he - e Katherine Sui Fun Cheung, young aviatrix, recently made an air tour of California’s Chinatowns. = PR Elixir was a substance sought by medieval alchemists which they be- | of Freddie, the last of the fire hors- Jieved would prolong life and make | es at Shreveport, La, AH;o.«s:iblu cternal youth, A new hat usually is the first trought of spring In His Robes of Office Chageau of imported stra These hats suggest sunshiny days to come, but may be worn with winter or early spring coats. ‘Handling of Drinks Is an Old Problem LOS ANGELES, Aug. 15.—Modein perplexity over what to do with alcoholics had its parallel in an- cient times, says Dr. Arthur Patch McKinlay, professor of Latin at the University of California at Los An- | geles. Some laws treated a drunken offender more leniently than a so- ber one, some more severely, his | studies showed. In the Greek town of Locri, in southern Italy, the code of Zaleu- cus allowed a lady ome attendant, but she was entitled to two if she were drunk. northern states .- Antonio Stradivari, the violin ma- ker, also made many guitars, but the only one known to bear his sig- nature is that in the museum ot the Paris Conservatory of Music. SRR L LUt e Official estimates show that far- mers produce from 100 to 250 pounds of straw, stalks or husks for every first time, Associate Justice Stanley he took his seat on the bench of the Supreme Courts 2 Volunteer “Speed Cops” s If a kitten reaches the age of two or three months without any ex- | perience with mice, it will not show a mousing instinct later. B by Lester D. Henderson. WINCHESTER, England, Feb. 15. |—Some of the local citizens are picking up a few extra shillings lin their spare time by acting as |“speed cops.” | They don't aatually run the| speeder down. They simply ride along with the arresting officer and | give corroborative evidence on the speed of the offender. The practice has raised a rumpus but local authorities say it's cheap- | er than putting on extra cops. R sifieds' pay. OWNED AND O LAST TIMES TONIGHT - “KID GALAHAD” Edw. G. Robinson Bette Davis Cartoon—-—Late News Empire cl: More than a Million Women NOW COOK ELECTRICALLY HE modern elecrric range has simplified the art ol goed cooking! More and more women are turning to this easier, better method. General Electrit Hi-Speed CALROD Heating Units make electric cooking faster and cheaper. See a Genera Flectric Range demonstration Prices as low as $110.00 Special Trade-In Allowance EASY PAYMENT PLAN | Alaska Electric Light and Power Co. JUNEAU—ALASKA—DOUGLAS