Evening Star Newspaper, March 6, 1932, Page 6

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

TXBLLISREADY | FORHOLSEACTON Non-Partisan Measure De-| signed to End Deficit by End of Fiscal Year 1933. (Continued Prom First Page.) number of persons in the country sub- Ject to the income tax. | The maximum rate on incomes, he | sald, would be 40 per cent, to be levied | on incomes in excess of $100.000. The normal income tax rate levied on in- | eomes up to $10,000 would be 2 per | cent on the first $4,000 of net income, | 4 per cent on the second $4,000 and 6 per cent on the next $2,00. The surtax rates on incomes are graded up | to the maximum of 40 per cent. | The earned income provisions of the | present law permitting a reduction on the first $30.000 of earned income has | been changed so as to make the reduc- ! tion apply only on the first $12,000 of‘ earned income i Mr. Crisp estimated that 140,000 manufacturers would have to be| licensed under the provisions of the | manufacturers’ sales tax. Sales Tax Exemptions Listed. | The exemptions to this sales tax, he gave as follows: Farm and garden prod- | ucts, fertilizers an dingredients of fer- tilizers, garden and field seeds, meat, | fish, shellfish and poultry, fresh, dried, frozen, chilled, salted or in brine, bacon or ham not packed in airtight con- tainers, butter, oleomargarine, cheese, milk and cream In any form, eggs in the shell, bread, flour and meals, sugar, tea, coffee, tobacco and tobacco prod- ucts paying internal revenue taxes, water not contained in sealed bottles, newspapers, magazines and periodicals, books for the blind, text books for Bchools, Bibles, hymn books, prayer books, rosaries, altars, shrines and other objects particularly used in religious worship. Manufacturers will be asked to pay 8 $2 license fee. They will not be compelled to pay the tax on goods which they contracted to sell prior to March 1. On such goods the purchaser will be expected to pay the tax. Mr. Crisp, in his statement on the bill, said the Treasury had estimated $1,241,000,000 would be needed to bal- ance the budget by the close of the fiscal year 1933. He sald the estimates of the increased taxes plus the saving of $125000,000 in expenditures and saving due to postal legislation now proposed would total $1,246,000,000. “Thus we will have a $5,000,000 surplus in the Treasury, with the deficit wiped out, at the close of the fiscal year 1933 If the estimates are correct,” said Mr. Crisp. “I have no doubt that the estimates are conservative. I hope and believe conditions will improve in the country with the kxmwledg{e that the budget is to be balanced. they do improve, the returns from the taxes levied may be in excess of the estimates and a larger surplus possible.” expectation of death” or not. Big 1934 Surplus Forecast. Mr. Crisp explained that the bal- ancing of the budgét would be exclusive of the statutory debt retirement pro- yisions, amounting to $497,000,000. This, he explained, was hot obligatory on the Government ' if it did not have the funds. He predicted a big surplus in the flscal year 1984, making it possible to reduce some of the taxes now pro=- posed to be levied. Mr. Crisp estimated the increase from the revised incomg tax rates would be $112,000,000. 3 The corporation tdx, he said, is in- creased from 32 to 13 per cent, and this should add $21,000,000 increased revenue. He explained that under ex- isting Iaw corporations with an income of less than 325,000 are allowed an exemption of $3,000. Under the new bill, corporations with an income of Jess than $10,000 will receive an ex- emption of $2,000 and those with in- comes in excess of $10,000 will have no_exemption. ‘The estate taxes have been doubled, | with & maximum of 40 per cent on estates in excess of $10,000,000. The increase derived from the additional estate taxes are £ remain in the Fed- eral Treasury, although the States which are allowed to claim 80 per cent of the Federal estate tax will continue to have that privilege. He estimated that the new estate taxes would pro- duce $35,000,000 additional revenue. A gift tax, Mr. Crisp said, has been inserted in the bill with a maximum l Virginian Quits C. TASCOM SLEMP. products, thereby preventing & pyra- miding of taxation. There have been rumblings, particu- Jarly in the Senate and now spreading to the House, that the new tax bill would be subject to severe criticism and attack, largely because of the manu- factures sales tax impased. With the Republicans and the Demo- lcrats of the House Ways and Means || Committee uniting solidly in support of the bill, however, it was predicted 1ast night that the measure would suc- || cessfully run the gantlet of the House. What the Senate will do with it, how- ever, is another question. Representative Treadway of Massa- chuseits, Republican, predicted the passage of the bill. He said he was convinced that after the arguments for the sales tax had been presented to the House its members would be convinced the bill should pass. He said: “Representative Crisp has been au- thorized by unanimous vote of the com- mittee to introduce the new tax bill. This completes the most laborious task his committee has had during the 15 I have been honored with mem- bership. Many elements have entered into this difficulty. First, that is natural for any tax increases; second, the evidence presented to the committee by all witnesses protesting against any additional tax burden upon their special industries. This situation was primarily the reason why the com- mittee has adopted the manufactures tax which will produce approximately one-half the needed revenue, While there have been many prolonged dis- cussions of details in the committee the completed bill meets with almost unani- mous approval. It can rightly be termed, as Mr. Crisp has sald, a “Gov- ernment bill,” not a partisan ome in any sense. It has been our aim to bal- ance the budget by 1933 with as littie hardship as possible upon any citizen or business. After its details are under- stood I personally hope our work will meet the approval of the citizens in ihe section of the country with whose interests I am principally concerned.” CHANGE AFFECTS TWO Admirals Laws and Reeves to Shift || on Cole Retirement. ‘When Rear Admiral Willlam Oarey Cole, U. 8. Navy, commandant of the San’ Francisco, Calif., naval district, leaves the service an furlough on June 1, preparatory to being retired Sep- tembet 1, after 47 years’ service, upon reaching the age limit of 64 years, he will cause & change in duty for two Tear a 3 The Navy Department yesterday an- nounced that Rear Admiral George William Laws will be detached as com- mandant of the navy yard at Mare Island, Calif,, to relleve Adniiral Cole. Admiral Laws' place will be taken by Rear Admiral Joseph M. Reeves, now senior member of the board of inspec- tion and survey, Pacific Coast section, at San Francisco, THE WEATHER District of Columbia—Rain and cold- || er today, much colder tonight; fair and colder tomorrow. | Maryland and Virginia—Rain and colder in east and rain changing to| snow and colder in west portion today, | much colder tonight; generally fair and | colder except snow flurries in extreme || ‘west portion. West Virginia—Rain, changing to the dislike || o THE SUNDAY SLEMP STEPS OUT INFIGHT BY PARTY Statement Says He Consid- ered Leaving Committee Post to Another. By the Associated Press. BRISTOL, Va., March 5—C. Bascom Slemp, Virginia blican national committeeman, tonight told the Herald- Courier that he would “not permit my name to be used as a candidate for the osition of national committeeman rom Virginia.” Slemp’s statement followed action of Wise County, Va., Republicans today instructing the county's delegation to the Bristol Congressional Convention and the Roanoke State Republican Convention to use “full influence and strength” against Slemp for re-election as Virginia Republican national com- mitteeman. Slemp's statement follows: “I have had in my mind for some weeks making known to the Repub- 600 Pairs PERFECT New Slip-on Gloves Worth $2.00 $1 .39 and $2.25 .. Special purchase just arrived— women's washable cape slip-on gloves in black-with-white, eggshell, beige, brown and tan.—Street Floor. Here’s Unusaal Value! $1.00 Full Fashioned Picot Top Beautifully sheer hoslery, silk-to-the-top; also an ex- cellent quality service weight with lmowa lisle top. Quality hosiery n every way—in the fashionable Spring shades.—Si Floor. The Height of Fashion! Lovely $-< .00 Laces $1.59 Values Yard Never such a lace season—and never have we shown such beautiful laces at such a low price. 36 inches wide, in black, white and a complete selection of street and pastel shades. All-overs and scalloped edge laces of silk, cotton and mixed rayon. SMART BUTTONS for your Spring coat, sport dress or suit. Specially purchased noveltles in bright gold, silver, pastel, crystal and plain and filigree styles. Also Spring shades. Worth 50c to 250 $1.00 card. Card........ Street Floor. STAR, WASHINGTON, didate for committeeman from Virginia. “I have reached this decision alter mature thought and serious considera- tion not only of my own busi- ness interests, but the party's interests in Virginia as well. “After over 30 years’ co- tion and work with the leaders of Virginia in party matters, we are in a more militant and stronger position than ever before, and I am only claiming my share of the credit for what has been accomplished for the reason that I have had the co-operation and support of the rank and file of the party in the State. My own personal business at this time requires practically every mo- ment_of my time, and in addition to this I feel that a new national com- mitteeman could naturally harmonize those in the party who may have, for one cause or another, felt that a change should be made at this time. In order, therefore, to meet the situation from viewpoints, I asked our State chairman, Robert H. Angell, to meet me here in Washington today and I informed him of my decision not to stand for gational committeeman at our forthcomfg gon- vention. Gratitode td Party. “T hope that this action on my part, under all the circumstances, may work to the best interest of the party in Vir- ginia. I feel that in the fast 50 years the Republican party has greatly honored me on 50 many occaslons that ADVERTISED SALES FOR MONDAY & TUESDAY D. C, MARCH 6, 1932—PART ONE. it is my duty and I shall feel the re- sponsibility on_myself to do e possible to work with whoever may be selected as my successor and the Re- blicans in general throughout the tates.” The attack on Slemp came when the mass meeting’s Resolution Committee, by & 4-to-1 vote, offered resolutions against Slemp, which charged that since 1920 the national committeeman had not attended & ninth district con- vention or committee meeting and that “since his retirement he has failed to give the influence of his office, his per- sonal influence or his financial in- flu , toward the support of Repub- uz::eeelnd.ldntu in Wise County and the ninth district.” Bitter Discussion Halled. The debate became so acrimonious that the chairman ruled all further discussion out of order and & secret | ballot was taken on the majority reso- | lutions and minority resolutions. The | majority committee's report was upheld by & vote of 68 to 48. Smyth County Republicans, however, | also meeting today, indorsed Mr. Slemp for national commitiseman. Washing- ton, Russell and Lee County mass meet- ings did not discuss him. The Bristol Herald-Courler in a copyright story says anti-Slemp lead- ers will go to the Roanoke convention April 3 prepared to support Henry W. Anderson of Richmond for national committeeman. ;|Smokes 110 Years, Woman Uses Pipe On 121st Birthday By the Associated Press. SAVANNAH, Ga, March 5—Mrs. Belle Ryan puffed on her pipe yester- day—she has been smoking one for 110 years, she says—and toid feels to have lived nearly nfl (2:‘:\“!; and I'Tufler. The occasion was the celebrat o:x 3{’ hl:r 121st birthday anni- versary & ome of the - ters of the Poor. e i about me being so old. v John Snell was 130 whmw)?: n‘u’fi out one day to get some good to cook with and fell dead in the yard " Mrs. Ryan, who came to this coun- try from Ireland when she was 11, is in good health for her advanced age. She says she had asthma for 101 years, but “they have cured me of that" She reminisced a little about the war between the States, w membered clearly, and t, | had traveled at one time with road shows as a dancer and snake charmer. For young women she had this ad- vice: “Let your hair grow out, wear long dresses and look to the Lord and 5;1. forgiveness for what you have lon AIDS RESTORATION OF PETERSEN HOUSE |Baltimore Woman Assists Work on Home Where Lincoln Died. Lieut. F. B. Butler, assistant director of Public Buildings and Public Parks, Petersen Wenzing of Baltimore, Md., daughter of the owner of the house in which Abraham Lincoln died, to aid him in restoring the old residence at 518 Tenth street. Mrs. Wenzing, who lives at 1933 West | Payette street, in the Maryland me- | tropolis, has a number of articles that were in the house the night Lincoln | died. Lieut. Butler interviewed her on Friday, and Mrs. Wenzing will come | to Washington to give Government of- ficials and representatives of women's patriotic organizations, who are inter- yesterday had before him s mass of | valuable information from Mrs. Pauline | y, bringing back the Civil Wi atmosphere, a first-hand description : the uxnnnel of the residence. The exact date of her visit here will depen upon her health. She 1 now Ba "‘Anbglddlm d 1 thad and four ‘were in the room in Wi Lincolg @died, she has In her possession, Mrs, Wenzing told Lieut. Butler and showed him these articles. She also possesses two candlesticks that reposed in the | parlor of the Petersen house. A jet pin, | with a pearl in it, which she says Mrs, | Lincoln dropped and later told her to keep, is also in Mrs. Wenzing’s keeping. Her father, who lived across the street | from the Ford Theater, was Washing- ton's fashionable tailor of that day, | Lieut. Butler ascertained. He had his | shop on Pennsylvania avenue and be- | came closely acquainted with the celebrities of his day. public and ttracting considerable | attention, Lieut. Butler asserted. Birds to Be Lecture Topie. ird Rarities of Our National Parks” will be the subject of 11- lustrated lecture to be given at the| auditorium of the Interior Department| | Building at 8 o'clock Saturday evening, March 12, it was announced by the local Audubon Soclety today. The talk will be given by Dr. Harold C. Bryant of the National Park Service. Copies of Expensive Models Blue Green in Smart Spring $ Brown Beige Tile Tweeds Military coats march to the front rank of fash- ion. But by no means alone—for customers are equally enthusiastic over the new mannish mod- els, those with fur at neck or sleeves, the ones with smart throws or with jaunty capes. Tailoring of the first order—coats of quality throughout. Sizes 14 to 20, 38 to 50, Second Floor. e! Fine Body Hats BAKOU (Plain) Body Hats RACELLO (Rough) Body Hats $5.00 Value Newest brim models in high-class hats $6).98 for Spring and Easter—offered at a real price “surprise. Smart trimmings of flowers, and bows. All head sizes. Black and all colors, quills, bands Women’s and Misses’ Sizes 14 to 20, 38to44 Little Women’s Sizes 16Y; to 26V, Jackets! In a dozen smart new versions, Exquisitely feminine lace - and - georgette dresses . . beautifully embroidered and lace-trimmed models in Canton crepe, flat crepe, georgette and chiffon . . . gay, spar- kling printed patterns and combinations of prints and plain colors. flared sleeves, novelty sleeves. Puffed sleeves, The Pite Fabric Corporation of New York City Closes Out to Us These Beautiful Pile Fabric Jackets$ Actually Worth $5.95 and $7.95 95 Luxuriously smart jackets of broadtail fab- rics, Cordelay, Curletex and Ripplam—favorite Spring and Easter fashions for the younger set. Puffed sleeves and tailored sl large revers. two-tone combinations. Sizes Becond Floor eeves; long lapels, White, beige, green, tan, gold and 14 to 20. Thrilling Pre-Easter New Purchase of Mill Lengths $1.00 & $1.29 Silks Ekonomy Kolumn 10c Ideal Sanitary Napkins 4 Boxes for 25¢ 6 in each box. Highly absorb- ent and easily disposable. 39¢ & 50c Stamped Pieces 30c—With 5 Skeins snow, much colder today; tomorrow fair | and continued cold. | Report for Last 24 Hours, Temperature, 12 noon 2 pm. 4 pm. 6 p.m. 36 to 39 Inches Wide All-Silk Printed Flat Crepe All-Silk Printed Chiffon All-Silk Printed Georgette AllSilk Plain Flat Crepe All-Silk Plain Chiffon All-Silk Plain Satin Crepe Yard Thread FREE Bcarfs, centers, pillow tops, towels, cottage sets, laundry bags, luncheon sets and children's dresses. A few linen pleces in- cluded. - 49c & 59c Steel Scissors, 20¢ High-grade steel sclssots and shears, 5-inch to 7-inch sizes; fully guaranteed. 79a Boxed Rayon Pillows 59¢ Plumply filled with kapok and covered with rayon in blue, rust, green, gold and rose. Rayon cord tied. Street Floor. $1.00 Edna Wallace Hopper Restorative Cream, 85¢ Eliminates lines and wrinkles. 25c Bottle Ben Hur Perfume FREE With 25c Ben Hur Talcum Both for 25c—a remarkable spe- cial offer. Cedar Chest Bridge Sets, 98¢ Set consists of two decks of cards, score pad and pencil in at- tractive cedar chest. Gillette Razor and Blade FREE With Palmolive Shaving Cream, 35¢ Street Floor. $1.00 New Silk Gloves, 69¢ Smart Spring gloves of heavy Milanese silk with fancy cufts. All colors, all sizes, $1.25 French Crepe Undies 79 Tate of 30 per cent on gifts of $10,- 000,000. He pointed out that the gift tax rates were lower than the estate tax rates, and expressed the hope that | this fact would persuade owners of | Midnight Jarge estates to make gifts to their [2am.. heirs at present. He said a doncr |4 a.m. would not have to declare under the |6 am... gift tax whether the gift was made “in |8 am.. 9 8 p.m. expectation of death,” or not. 10 a.m. .47 10 p.m. . Highest, 59, at 4 pm. Y Wiuld Tax All Admissions. Loyt o et b ‘The bill proposes a 10 per cent tax Tid en all admissions of 25 cents or over e’ Tables, | Under the present law, a tax of 10 per | (Furnished by United States Coast and | cent is levied on admissions above $3 Geodetic Survey.) This tax on adm s will apply to Today. all kinds of performances for which ad- 7:34 am. mission is charged and s expected to 1:52am. net the Government an additional $90,- 8:00 p.m. 000,000 in revenue. 2:15 pm. A stock transfer tax of 4 cents on euch share transferred is levied. This Fhe Sun and Mosa. is an increase from 2 cents in the exist- ing law. Mr. Orisp explained that the |Sun, today . stock transfer tax is made to apply|Sun, tomorr also to “short selling.” to which the |Moon, today. resent tax does not apply. He said he | Automobile oped this might have a deterrent ef- fect on short selling, which is now under eriticism. The estimate, he said of additional revenue from this stock transfer tax was $28,000,000. ! s an exelse tax nother Great Purchase of to §3 New Straw Hats Fine Plain and Rough Straws C i ] With Bright Finish or Dull Finish Jrim hats of every favored type, side dips, | off-the-face models and turbans, trimmed with ‘ flowers, quills, rosettes, ribbons and orna- | . 48 Year ago, 33 ‘Tomorrow. 8:l4am.| 2:34am.|| 8:39p.m. 3:00 p.m. ments. Black and all colors. All head sizes.~— | Street Floor. Wax Your Floors Without Work! No Rubbing—No Polishing Cello-Wax Just wipe CELLO- WAX on your floor and let it dry! Waxed instantly! Try it first on the worn spots— see for yourself. Pint Quart 75¢ $1.25 Demonstration Beginning Monday, March 7 Street Floor Pure Dye Silk Undies and All-Silk French Crepe Undies Chemises Panties Dance Sets Step-ins Trimmed with wide lace insertions and edges and ribbons. Chemises are bias cut, sizes 34 to 44; dance sets are bias cut or with fitted yokes, sizes 32 to 36. Panties and step-ins in sizes 19 to 23. Tearose, white, blue and flesh. o New Polka Dots Prints, Plain Colors and Com- binations in Beautiful New Rainfall. Monthly rainfall in inches in the|| Capitai (current month to date): Month. 1932. Average. Record gatlon on lubricat ,|January ...'482 35b 7.0 ' trom which $25.000,000 of reve - | February 321 6.84 pected. There is 10 tex now on lubri- | 8.84 cating oil. Another excise tax is to b 9.13 35 cents a gallon cn m: 40 | 2 10.69 per cent 1094 P) 10.63 14.41 / | Rovember * December L sm Wenther in Various Cities. ~Temper e.— Precipl- ftrea| “Crepe Dijon” French rayon crepe chemises, slips, step-ins and dance sets, trimmed with imported laces and medallions. Perfects | and irregulars. Silk Mesh Hose, 39¢ | Beautiful silk mesh in the new | shades. 8light irregulars. 39¢c Chardonize Hose, 25¢ Perfect quality Chardonize rayon hose with picoted top, ravel stop, French heels and cradle soles. $1.00 & $1.50 Silk Hose, 35¢ | Seconds. 3 pairs for $1.00. Full fashioned, chiffon and service weights. 25¢ Children’s Socks, 15¢ New Spring half -socks and “whoopee” socks, 5% sport hose and boys' golf hose. $1.35 Outsize Silk Hose, 50c Full-fashioned thread silk hase, I extra sses. Women’s Union Suits, 35¢ 3 for $1.00. Regular, extra and double-extra_sizes in light-weight knit suits; low neck, no sleeves, tight or shell knees. Sireet Floor. 19¢ Spring Percales, 15¢ Yd. New, fast-color patterns in | standard quality yard-wide per- |B cales, i T9¢ Longcloth | 10 Yards for 58c woh, shamis S S Fien | sages for which & charged, a 10 and press associatic from the payment c 000,000 revenue is est tax on messa Beautify Your Home for Spring Glazed Chintz Bedspreads and Drapery Sets | By Bright, charming Spring patterns in fine glazed chintz. Bedspread megs- ures 87x105 inches, with two rows of cording and deep ruffe. Window drapes have pinch-pleats and ruffie yards long and 60 inches tan, and Puts Levy on Imported Gas. The bill also 1 cent a gallon on g oil imported is an excis Mr. Crisp said . revenue, but that some of the persons | - favoring the tax estimate the revenue | 8s high as $40,000.000 i Mr. Crisp said a $25,000,000 saving | had been promised in postal expendi- tures and that many amendments in the administrative features of the revenue Isw were figured to increase the revenue by $100,000,000. This, he said, was the Treasury estimate, but that he believed the estimate too conservative and that the additional revenue, because of these changes, including those relating to profit and loss may go as high at $180,- 000,000. The excise taxes, Mr, Crisp said, would become effective 15 days after the bill becomes law, and the manufactures tax would become effective 30 days there- after, He said the manufacturers, how- ever, would have the next 30 days fol- in which to pay the tax. - Electricity, like other manufacturers’ , will be subject to_the [ Sa manufactures tax. The scting chair- afld :e ‘Ways and Means Committee ned, Crepe rocks Jacket, Bolero and One-Piece Styles Sparkling new fashions in frocks smart enough for practically every purpose. Dark and pastel shades, including two- tone colorings. Polka dots galore! Floral and figured designs. Sleeveless, short sleeves, puffed sleeves and long sleeves. V necks, Peter Pan collars and vestees. Sizes 16 10 20, 38 to 46. Second Floor and Bargain Booth. ° o B8R n, Tex Aont #e vestol Helena, Indianapolis, Jacksonvilie, 10, Loutsville. Marqueite, Memphis, iami, Fla Mobile. Ala. New Orlean: Yor <3 Mich. Tenn. : oo: ose: o000 Oom: 2 to 15 yard lengths—every yard brand new. All the fashionable plain colors and & world of beautiful prints. We've never staged such a silk sale as this on the eve of Easter—come for wonderful savings.—Street Another Great Purchase and Sale of $1.00 to $1.39 Values—Perfects and Seconds 81x99 72x99 X 63x90 Again King’s Palace stages a two-day sheet sale with savings to thrill thrifty housekeepers. These are heavy, close-textured sheets free from starch PILLOW CASES—A companion sale of 45x36 and 42x35 pillow cases of the same quality as the sheets. All perfect. 25c Bath 87-Inch Sheet- 1 5 Towels ........ ing, yard C Size 22x14 heavy Turkish bath _ 25c Extra heavy, closely-woven un- colored borders. inches wide, for making seamless 20¢ AlLSilk sheets and mattress covers. i Colored Pongee, yard .. 19c e 1 C 33-inch all-silk im) the n:!cun‘l shade om;‘.i pl?-xng;:m‘; 36-inch plain colored, lustrous children’s wear. guaranteed fadeless. —Also Black, Navy and Tan Kid, Patent Leather, Black Satin 'Ne Straps, Ties and Sizes 214 to 11. Widths Philadelphia, Step-ins—A Style AAA to EEE. . Al for Every Foot and o Every Taste. . Constant Attendance Portiand, Ores alt_Lake $ e fi 2 Floor. however, that this manufac- tures tax would fall enly on emahefl Floor. 72x90 81x108 54x90 or dressing. Note the complete assortment of sizes. towels, double-thread quality with bleached sheeting cotton, full 87 Broadcloth, yd.. demand for draperies, blouses and broadcioth. Full range of colors, all and Combinations in Smart New Spring Styles. Footwear Specialist in T . m——

Other pages from this issue: