Evening Star Newspaper, April 26, 1937, Page 3

HIT CONPRONSE ON UDICHRY BL Sign of Agreement Absent on Eve of Vote Session. Await Security Ruling. BACKGROUND— After seven weeks’ debate, Presi- dent’s Supreme Court bill has passed hearing stage and is now awaiting action of Senate Judiciary Committee in executive Session. However, determined opposition to plan to add siz mew fjustices to tribunal unless those over 70 re- tire make it highly doubtful that bill will receive favorable report. Even if bill should reach Senate floor via minority report of com- mittee, Senators who have reso- lutely opposed plan since it was announced February 5 say they will hold out for entire session ¢f mnecessary to defeat it. By the Assoctated Press. Senators who declined to be quoted by name said today an administra- tion spokesman had discussed com- promising the Supreme Court dis- pute by authorizing four new justices, but had turned down suggestions for only two. ‘There were no signs of an agree- ment or modification, however, on the eve of the Senate Judiciary Commit- tee's first closed session to begin vot- ing on the court bill. The measure would permit appointment of six new Justices if members over 70 do not retire. A possible Supreme Court decision today on the unemployment insurance provisions of the social security act and on validity of supplementary State laws, observers said, might have some effect before tomorrow’s com- mittee session. Arguments were heard April 8 and 9. ‘There also was a possibility the court would announce at mnoon whether it would pass on old-age pen= sion provisions of the act before ad- Journing for the Summer. Opponents have indicated they would fight all modifications in order to force a test vote on the bill as it stands. ‘The opposition strategy will be to seek first to split the President’s pro- posals into two bills, separating the Supreme Court issue from recom- mendations to speed up judicial processes. Senator Van Nuys, Demo- crat, of Indiana said he would ask for an early vote. Check-ups of committee members’ present attitudes indicated that not more than nine were prepared now to vote to report the bill favorably. If the committee should split finally along these lines there would be a 9-t0-9 draw, sending the bill to the Senate without recommendations. Some members said there was little chance, with the present line-up in the committee, for a favorable report on any court legislation unless the President should step in with a com- promise acceptable to a majority of the 18 Senators. This was regarded as unlikely, however. A PROSECUTION ASKED Park authorities today asked Dis- trict Attorney Leslie C. Garnett to proceed with prosecution of two men apprehended last night at tle bird sanctuary at Roaches Run, on the Mount Vernon Memorial Highway. ‘They were accused of firing a .22-cali- ber rifle in the area. Caretaker Paul Hodge apprehended the men, who identified themselves 8s Donald Melvin, 35, of 1858 Park road, and William J. Melvin, 29, of 1212 M street. They were booked on trespassing charges at the third pre- cinct. —_— LOST. BRIEF_CASE—Brown leather; lost vicinity n.w._Finder please call Adams 6795-J. 3ULLDOG—Male. brindle and white: Sat- BI urday_evening; vicinity 16th and Church sts, “Reward. = Dorothy Moore. ApL. 0! 3 NG SETTER, female black and white, “Flecken: vicinity Glenbrook rd., Edgemoor. ard. _Call Cleveland 427 EYEGLASSES (oxfords). in or near Penn ‘Theater. Reward if returned to 738 Quincy st. n.w. Adams 2387 FRATERNITY PIN on imitials on back *J. L. North 6493-W. A ity POCKETBOOK, black patent leather; con- tained_around S5, letters and the name Mrs. C. S. Seller. 3457 13th st., Clarendon. If found call Polomac 1879 POLICE BADGE—No. R84 vicinity of 7th and Md. ave. s.w. Finder please return same to Private W. A. Johnson, 4th precinct. sight-seeing _tour: D.”" Liberal reward. POLICE DOG. full-grown male, black and silver; lost in Falls Church Tuesday eve- Reward. ~Phone National 1053 or hurch 413. = TWO ENGLISH SETTERS males, 1 Park, Va.: one white, with black ears and black spot on hip; other white. with black and brown ears. black spots on back and hips. King and Pim. Walnut 9213-J or Walnut_9205-J. i WRIST WATCH—Hamilton, vellow gold; Saturday. April 24, nr. Hecht's Dept. Store. Liberal reward. Green. 1058, after 5 p.m. Lyon WRIST WATCH—Lad: diamonds and sapphires cinity 14th st. and Col ward. _Phone Columbia 8 RING, DIAMOND PLATI- NUM, Friday, between Lans- burgh’s Dept. Store and Union Station. Reward. Po- tomac 6067. SPECIAL NOTICES. WHY PAY MORE? § O. § WILL WASH “and shampoo vour domestic rugs: OxI2. 8210, lost April 2. vi- rd. Liberal re- 0 50_up. Adams 5712. I WILL NOT BE RESPONSIBLE FOR ANY debts other than_those contracted by my- self. TLLIAM L. RUFFIN, 4801 Sheriff rd. ne. = WILL NOT BE RESPONSIBLE FOR ANY debts contracted by any one but myself. J. KENDALL KNOCH. 1507 M st. n.w. 28 1 NOT BE JPONSIBLE FOR ;4 debts contracted by any one other than myselt. 0. B. WRIGHT. 1110 4th st s. THE ANNUAL MEETING OF THE STOCK- holders of the East Washington Savings Bank for the election of trustees and for she transaction of any other business that may be brought to the attention of the meeting will be held Wednesday, June 2, 1937, at the banking house, 312 Penn- sylvenia ave. s.e., between the hours of . 12 o'clock noon and 2 pm 8. WILSON EARNSHAW, Secretary-Treasurer. NEW FOLDING CHAIRS FOR RENT. VERY eas. We cater to all occasions. small or rgé._Metropolitan 8259, National 8664. DAILY TRIPS MOVING LOADS AND PART . ioads to and from Balto, Phila. and New York Freauent trips to other Eastern ities, “‘Dependaple Service Since 1896.” ZHE DAVIDEON TRANSFER & STORAGE Phone_Decatur_2500. ‘A BUBINESS LUNCHEON FOR 50 GUESTS? musical for 1507 A banquet for 1007 acilities for any one of these functions are to be found at “The Monticello.” so conveniently located at 18th aund Eye #ts. n.w. Free parking. Call Metropolitan 2780 _for rates. = . COMPLETE LIST 40 SUGGESTED SOLU- ions *Old Gold” $200.000 picture g'uule ontest. On sale leading newsstands NOW! is one of the largest ice.80C. undertakers (n the CHAMBERS world. Complete funerals as low as $75 up. 8ix chapels. twelve pariors. seventeen ears, hearses. twenty-five undertakers and assistants. Ambulances now only $3. 1400 Chapin st. n.w. Columbia 0432 517 11th st._se._Atlantic 6700. ‘A DEAL FUNERAL AT $75 ‘Provides .ame service as one costing $500, Bon't “waste' -insurance ~money * Calf with 25 years' experience. Lin- eoln_8200 YOUR ROOF, TOO ——can be sound, tight—Ifree from ruin- ous leaks. ‘If & really worth-while job of f work appeals to you, send for us. ¢ investment will pay. 'Call us up, NS ROOFING 933 V 8t. North 4433 KOO COMPANY THE EVENING STAR, WASHINGTON, D. C., MONDAY, APRIL 26, 1937. YOUR TAXES What You Would Pay and How Under the Bills Proposed in the House. Article No. 13—Public Utility Tax. (Concluding Article of Series.) ESTIMATED YIELD—$950,000 over present levy. PURPOSE— To raise additional revenue. AFFECTS~Four District utilities. ‘Taxes on Washington’s four major utility concerns would be revised upward by the adoption of H. R. 6543, one of the nine new revenue measures which have been referred to the House District Committee for action. Spon- sors of the bill claim the increase in revenues would be some $950,000. It proposes repeal of the present system of gross receipts or gross earn- ings taxes now levied against the companies and the substitution of annual assessments against all real and personal property of the con- cerns, against which there would be applied the prevailing tax rate for real and personal property, or $1.50 per $100. Also, the bill, apparently, would repeal the bus mileage tax. The District assessor would be charged with the responsibility for making annual appraisals of the real and personal property of all four con- cerns to arrive at the “true cash value” of the properties so assessed. The assessor and his deputies would have a maximum of but two months and a half, and a minimum of but one month and a half to make their judgements of the “true cash value” after receiving the required annual statements from the concerns. The bill, however, provides that an initial survey be started at once. Burden Placed on Assessor. In contrast to this, it is explained, the Public Utilitles Commission re- peatedly has spent a full year in mak- ing an inventory and appraisal of the valuation of a single public utility, such length of time being required by the multitudinous details of the hold- ings of utility concerns. It appears certain that the staff of the assessor would have to be enlarged if he were to be enabled to make a serious, unit by unit appraisal of the value of the properties of the concerns. This method of assessing utility con- cerns is reported by some students of taxation to have been tried in some other jurisdictions and abandoned as too cumbersome, and a method re- quiring extensive work on annual val- uations. On the other hand, there are those who insist the utility companies should be made to bear a heavier por- tion of the District’s tax burden. In reply to this is the declaration that such a tax as proposed merely passes a greater burden on to the consumer, since taxes generally are charged to operating expenses. “True Cash Value” Is Rule. The proposed new style of utility taxation would go into effect in the calendar year 1938, although some pre- liminary surveys would be started at once on passage of the bill. It pre- scribes that the real and personal property of the electric light and power companies, gas companies, street rail- way companies and telephone compa- nies, “by whomsoever owned,” shall be assessed by the assessor of the Dis- trict at its “true cash value.” The tax rate would be applied to all real and personal property having & “situs” in the District and this is de- fined to mean the property of the four companies “owned, used and occupied” by them within the District and such proportion of their properties as is used partly within and partly without the District “as shall be determined by the assessor.” This means that the District assess- or would have to determine what | properties of the gas, electric, tele- phone and transit companies are used | within, or partly within and partly | without, the District. Such division of properties of the utilities has caused many an extended debate be- fore the Public Utilities Commission in valuation and rate cases, it is re- called. The companies would be required to submit annual statements covering their holdings for the years ending December 31. These would have to be submitted between February 1 and March 1 each year, covering the pre- ceding calendar year. Penalty for Refusing Data. Should any company fail or refuse to make the statements as required by the assessor, to aid him in deter- mining the taxable values, or refuse any information requested, the assess- or is directed to “inform himself as best he may.” In this connection, the bill prescribes that any company re- fusing or neglecting to make any statement required by the act, or any part of such statement, shall be sub- ject to a penalty of $300 for each day of such refusal or neglect. After the companies file their state- ments, it is made the duty of the as- sessor to enter upon an assessment roll, as of December 31, preceding, the “true cash value” of the real and per- sonal properties of the companies, this to be done prior to April 15. Hence, the assessor will have from one and a half to two and a half months to complete his assessments. The assessor, the bill states, may personally inspect the properties to be asesssed, or have his assistants make the appraisal. He is given the right to inspect the books, papers and ac- counts of the four companies and any company refusing would be subject to a forfeit of $500, to be sued for in a court of competent jurisdiction. The assessor is given the power to sub- poena witnesses, whose attendance may be compelled by attachment to be issued by the United States District Court. Property Accounts Divided. Tlustrating the extent of the bur- den to be placed on the assessor, the bill provides that the term “prop- erty” as used in this proposed act shall include all real and personal property belonging to the corporation, co- partnership, association, person or persons subject to taxation under the act, including the right of way, street and interurban cars, rolling stock, tracks, telephone poles, wires, con- duits, switchboards, engines, dynamos, boilers, office furniture and equip- ment, and all other property used in carrying on their business and owned by them, respectively, and all other real and personal property.” The bill prescribes also that the assessor shall take into consideration, but not assess directly, the value of the franchise held by any utility. Any real or personal property of a corporation not “used” in its operation or the exercise of it franchise would be assessed and subject to taxation under the same conditions as real es- tate generally. ‘There is provided an appeal from decisions of the assessor to a Board of Review, which would consist of the president of 'he Board of District Commissioners, the three mi of the Public Utllities Commissi the District auditor. Such board would be required to meet on the third Monday in April and stay in session from day to day until May 5, allowing five days thereafter for a review or correction in case of a further contest. The taxes proposed in this bill would be payable at the same time as those on real estate generally, or in September and March, or four times a year if the taxpayer applies for such provision. The penalty for delinquency would be the same, or 1 per cent per month. The bill provides that such taxes, if unpaid, shall become a lien against all the property of the utilities con- cern, such lien to take precedence over all demands, judgments, assign- ments by warranty deed or other- wise, or decrees against such com- panies. It provides that such liens may be enforced by seizure or sale of the property, or such portion there- of as may be necessary to satisfy the District’s claim. The Commissioners, however, would be authorized to bring suit in court for collection of the claim in lieu of the other means. Extra Help to Be Hired. A feature of the bill is a provision for the appropriation of $10,000, to be immediately available, for the em- ployment of expert services for making an initial survey and appraisal of the properties of the utilities. The expert employes could be hired without ref- erence to the restrictions of the civil service act or the classification act. The bill does not state specifically Jjust what existing taxes applied to the utilities would be repealed, though it is assumed it would mean the gross earnings or the gross receipts taxes tnd the bus mileage tax. The bill merely states, ““All provisions of exist- ing law relating to the taxation of the companies enumerated in this act and all other acts, except as provided in section 9 of this act are hereby re- pealed.” Section 9 provides that the existing law for present taxes shall remain in force until all taxes levied thereunder are paid. Just how the experts who served the | sponsors of the bill arrived at a figure of $950,000 for the expected increase in revenues, under the proposed bill, has not been revealed. Previous valuations and other studies of the utilities have indicated that the total valuations of the four concerns during the last year are about $152,000,000. Assuming that these valuations included about the | same properties which would be ap- praised by the District assessor, the resulting revenue from application of a realty tax rate of $1.50 per $100 would be $2,280,000. On the other hand, the commission's figures showed that during the last | calendar year these four corporations paid $1,399,000 in gross earnings or gross receipts taxes, plus $86,000 in the bus mileage tax, or a total of $1,- 485,000. Since it is to be provided that these three taxes would be re- pealed, then such revenues would be wiped out, leaving but $795,000 net increase from the proposed new sys- tem. Utilities’ Taxes Listed. The grand total of taxes of all kinds paid during the past calendar year by | the four corporations was found by the commission to be $3900,000. Of this total, $2,052,000 went to the Dis- trict government; $57.200 to Mary- land and $1,783,000 to the United States. Aside from the gross earnings or gross receipts taxes, the companies paid to the District the real estate tax on land and buildings, the per- sonal property tax, the gasoline tax, the unemployment compensation tax and miscellaneous taxes, such as for license plates, etc. Maryland took its portion from taxes on real estate, the county and town real and personal levies, the bus mileage and seat mile- age tax, the gross earnings tax, the gasoline tax, unemployment compen- sation tax, natural gas line tax and miscellaneous levies. To the United States went payments on the normal income and undis- tributed profits taxes and on bond interest paid at the source, the capital stock tax, the social security tax, the electric energy tax and miscellaneous levies such as the excise tax. The commission’s computations showed that the four companies, taken together, paid out in taxes last year in all nearly 10 per cent of all their gross revenues and 13.5 per cent of all their total expenses. —_— MRS. ANNIE B. WKENNON DEAD OF HEART ATTACK Lifelong Washington Resident to Be Buried Wednesday in Mount Olivet. Mrs. Annie B. McKennon, 10, mother of Dr. Emory F. McKennon, proprietor of the Connecticut Phar- macy, died yesterday of a heart attack at her home, 1701 Sixteenth street. Mrs. McKennon, a lifelong Wash- ington resident, was educated in the Notre Dame Convent. Her husband was the late Harry E. McKennon, one- time head of the stereotype room of the Washington Post. Her son is the only immediate surviving relative. Funeral services will be held Wed- nesday morning in St. Aloysius’ Catholic Church, the hour to be an- nounced later. Burial will be in Mount Olivet Cemetery. Poetry Clinic Will Meet. ‘The Poetry Clinic of the District Federation of Women’s Clubs will meet at the Roosevelt Hotel from 4 to 6 pm. tomorrow. Mrs. Inez Sheldon Tyler will preside. o THE NewesT THING IN OIL HEAT L BEFORE You Buy SEE THE NEw H SHERWOOD OIL BURNER 5 A e e e A A e ok ok ok ok ek FAMILIES HOLDING JOBS IN CONGRESS Clerks and Secretaries Bear Same Surnames as 25 Members. By the Assocated Press. The latest official pay roll showed today that clerks and secretaries in the offices of 25 House members bear the same names as their congressional employers, ‘The March pay roll also shows many individuals with names identical with those of Congressmen working in other Congressmen’s offices. Five members have sons with “jun= iors” attached to their names on the salary list. Here is a list of members, names of employes with the same family names and salaries paid in March: Allen, Democrat, of Louisiana, Har= well L Allen, $206.66; Aller, Demo- crat, of Delaware, W. F. Allen, jr., $166.68; Bulwinkle, Democrat, of North Carolina, Frances McK. Bulwinkle, $125; Connery, Democrat, of Massa= chusetts, Lawrence J. Connery, $208.33; Crosby, Democrat, of Penn- sylvania, Virginia Crosby, $266.66. Crosser, Democrat, of Ohio, Bar= bara Crosser, $266.66; Crowther, Re- publican, of New York, Peggy Y. Crowther, $150; Dixon, Democrat, of Ohio, Edward A. Dixon, $291.66; Fer- nandez, Democrat, of Louisiana, John D. Fernandez, $316.66, and Viola M. Fernandez, $100; Fulmer, Democrat, of South Carolina, Willa E. Fulmer, $216.66. Jarman, Democrat, of Alabama, Berl B. Jarman, $266.66; Johnson, Democrat, of West Virginia, Mary M. Johnson, $272.22; Kee, Democrat, of West Virginia, Maude E. Kee, $208.33; Kvale. Farmer-Labor, of Minnesota, Russell B. Kvale, $208.33; McKeough, Democrat, of Illinois, Catherine T. McKeough, $116.66; May, Democrat, of Kentucky, Julia G. May, $284.66; Mills, Democrat, of Louisiana, Katie G. Mills, $141.66; Murdock, Democrat, of Utah, Ray R. Murdock, $275. O’Connell, Democrat, of Rhode Is- land, John M. O'Connell, jr., $97.50; Pierce, Democrat, of Oregon, Cornelia M. Pierce, $306.66; Plumley, Repub- lican, of Vermont, Fletcher D. P. Plumley, $274.16; Smith, Republican, of Maine, Margaret C. Smith, $250; Tarver, Democrat, of Géorgia, Mal- colm C. Tarver, jr., $166.66. Tobey, Republican, New Hampshire, Charles W. Tobey, jr., $234.83; Tolan, Democrat, of California, John H.| ‘Tolan, jr., $296.66. o Steel | moves their first major victories since | the Supreme Court upheld the Wagner labor disputes act, outlawing company | unions dominated by employers. The | harvester corporation announced its action last week The steel corporation notified the Labor Board today it would withdraw | all recognition from its employe rep- resentation plan, which has long been |attacked by John L. Lewis' C. I O. | Steel Workers’ Organizing Committee. ‘The board for four months has been holding hearings on the Lewis com- mittee’s complaint that the Carnegie- | Illinois Corp. had violated the Wagner act in setting up its employe represen- tation plan. Observers generally expected the board to dismiss the C."I. O. complaint after today’s action. The Steel Workers’ Organizing Com- mittee, in its complaint, maintained that the employe representation plans |were just ‘“‘company unions” under another name. ‘The company, in its statement, said: 1. That it would not “interfere with, restrain, or coerce, its employes in their exercise of their rights to self-organization, to form, join, or assist, labor organizations to bargain collectively through representatives of their own choosing, and to en- gage in concerted activities, for the purpose of collective bargaining or other mutual aid or protection.” 2. That it would not “dominate or interfere with the formation or ad- ministration of any labor organiza- tion or contribute financial or other support to it.” 3. That it would not “contribute any support to, nor participate in and will withdraw all recognition from | and will completely disestablish its relations with the existing plans of employe representation and any rep- resentatives elected thereunder as rep- resentatives of its employes for the purpose of dealing with respondent concerning grievances, labor disputes, ‘wages, rates of pay, hours of employ- ment or conditions of work.” SHAREHOLDE}{S TO MEET Consumers’ Will Co-operative Hold First Session. ‘The first general meeting of share- holder members of the Rochvale Res~ taurant, Inc, a consumers’ co-opera~ tive at 1735 F street, is scheduled for 8 p.m. tomorrow. A permanent board of directors is to be elected and by-laws adopted. Open business is scheduled to start May 1. e FLOWER BOX KILLS BOY HOLDEN, Mo., April 26 (#)—Den- ver Coe, 10-year-old son of Mr. and Mrs. Harvey Coe, was killed instantly when a flower box, containing approx- imately 600 pounds of dirt fell on him from a window of his home. In Business in Washi x x S moderate cost . Oriental Rugs Repaired :************ Your Fine Rugs When CLEANED by Hinkel —will be in SAFE hands . ern Fireproof Building . . . in clean, wholesome atmosphere . . . backed by Hinkel’s reputation for RESPONSIBILITY and RELIABILITY. % Rugs STORED in Steel « and INSURED for full value, while in our care, without extra charge. LOWEST PRICES FOR FINEST WORK—ESTIMATES ON REQUEST E.P. HINKEL & CO. 600 Rhode Island Avenue N.E. Phone Potomac 1172 0.8.8.0.0.0.2.2.2.2.2.2.¢.2¢¢¢ Holds Own . Tommy Manville. the asbestos heir, held his own corona- tion in his New York home last night in lieu of a trip to Eng- land for the coronation of George VI. Manville’s girl friends crowned him “king” at his party. Man- ville called off a proposed trip with three blonds to the corona- tion because he said England disapproved. Coronation Here is the scene as —Copyright, A. P. Wirephoto. MRS. MARY LYONS OF MANASSAS DIES Mother of D. C. Newspaper Man Underwent Operation a Week Ago. Mrs. Mary Tracy Lyons of Manassas, Va., mother of 8. Burton Lyons, Washington newspaper man, connect- ed with the New York Journal of Commerce, died yesterday in Emer- gency Hospital, where she underwent an operation a week ago. Mrs. Lyons was born at Markham, Va., February 11, 1890. Besides S. Burton Lyons, she is survived by her mother, Mrs. Fanny Brook Harrell, three other sons, John W. Lyons, George Keith Lyons and Gordon Ken- neth Lyons; four sisters, Mrs. Bessie R. Burton, Mrs. L. A. Lyles, Mrs. H. S. Harrell and Mrs. George H. Rohr- bach, all of Washington, and a brother, | Clarence Harrell of Fredericksburg, Va. Mrs. Lyons was a member of the Martha Chapter of the Order of the Eastern Star, Manassas. Funeral services will be held at 3 pm. tomorrow at Grace Baptist | Church. Rev. F. W. Johnson, pastor, will officiate. Burial will be in Cedar Hill Cemetery. JOHN W. BLAISDELL, 95, UNION VETERAN, DIES Cheverly, Md.,, Resident Expires in Hospital Here After Long Illness. John Wesley Blaisdell, 95, of Chev- erly, Md, Union Army veteran, died yesterday in Mount Alto Hospital after & long illness. Born in Boston, Mr. Blaisdell came of a long line of New nEgland an- cestors, who had served this country in early wars. He was a member of the Kit Carson Post, G. A. R, of which he recently was elected chap- lain, Surviving are his widow, Mrs. Emily D. Blaisdell, Cheverly; three daugh- ters, Mrs. Edith B. Newman and Miss Lillian B. Blaisdell, both of Cheverly, and Miss Elizabeth B. Blaisdell, Brooklyn, N. Y., and a son, Louis S. Blaisdell, Arequipa, Peru, South America, who is manager of the Southern Railway of Peru. He also leaves one grandchild. Funeral services and burial are to be in Arlington National Cemetery. The time of the funeral and other details were to be announced later. “See Etxz and See Better” We sold 689 more pairs of glasses last year than we did the year before. The rea- son is—those that we sold the year before are giving satisfaction. ETZ Optometrists 608 13th N.W. Between F and G N.W. 2.8.2.0.0.9.2.0.¢.9, on Over 60 Years XARX * . housed in a mod- Racks for the Summer, at by Our Ezxpert Weavers NN i DIES OF HEMORRHAGE Mrs. Anna Valet Schmidt to Be Given Rites Tomorrow. Mrs. Anna Valet Schmidt, 50, wife of Melton Louis Schmidt, proprietor | of an F street cafetéria, died yesterday | of a cerebral hemorrhage at her home, 66 T street. Mrs. Schmidt had been a Washing- ton resident since her marriage nearly | 28 years ago. Besides her husband | she leaves a daughter, Amelia Valette | Schmidt, this city; & sister, Mrs. | Charles Straub, and brother, Henry | Valet, both of Philadelphia i Private funeral services will be held at 2 pm. tomorrow at the residence. | Burial will be in Rock Creek Cemetery. LOW TAX INCOME BLAMED ONBOOKS Corporations Declared to Be Altering “Year” to Af- fect income Levies. By the Assoctated Press. United States Chamber of Com- merce officlals suggested today a broad shift in corporate accounting prac- tices was a reason for the drop in Federal revenues under estimates. A substantial number of corpora- tions, they said, have been changing their income tax periods from calendar years to fiscal years best suited to their businesses. ‘This had the effect, it was said, of pulling down revenue in March, when heaviest payments pour in, and dis- tributing it over other periods of the year. It was a $140,000,000 drop of March income tax receipts under the Trcas- ury’s $840,000,000 estimates which led President Roosevelt to make a down- ward revision in revenue forecasts for this fiscal year. Chamber authorities reported a study showed 1,114 corporations and other business establishments switched from a calendar to a fiscal year basis during the five months ended Octo- ber, 1936. The heaviest conversion was in Octo- —_— e T TR ROOF EXPERTS Ready at all times to render skillful, expert service Call us. x FERGUSON } 3831 Ga. Ave. COL. 0567 BUY NOW . ber, when 311 changed over, and offi- cials sald this number probably was topped in November and December. Most of the businesses changing from calendar to fiscal years are ate tempting to bring accounting proce- dure more nearly in line with seasonal trade trends, it was reported. Chamber officials said interest in setting up “normal business years” has been quickening of Jate. At prese ent, the Natural Business Year Coun+ cil of New York is urging changes. It contends that “in the interest of econe omy and efficiency, the natural busie ness year of an enterprise should be adopted as its fiscal year.” e s W.C. & A.N. MILLER 1119 17¢th St. DI. 4464 Want to Rent Your Home? List With Us Prompt Inspection 2020 M ST. N.W. Let Haley's Do It Right! - LAWYERS' BRIEFS COMMERCIAL PRINTING ADVERTISING SERVICE BYRON S. ADAMS ./VEW)‘.QA%C«‘;"M 512 11TH ST, At the lowest prices in many years MARLOW’S FAMOUS READING ANTHRACITE Egg, Stove, Nut and Pea Sizes “Nature’s finest fuel” freed of all impurities, by the most modern methods and delivered to you under the most favorable condi- tions. DON'T DELAY! PRICES ADVANCE MAY 1st. 79 Years of Good Coal Service MARLOW 811 E St. NW. COAL CO. NAtional 0311 Enjoy them! Let Manhattan banish washday : drudgery —save yoti money, too! ~ THRIFTY LAUNDRY SERVICE GET out in the Spring sunshine—send your washday worries to Man« hattan. 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