The Key West Citizen Newspaper, June 4, 1936, Page 2

PAGE TWO The Key West Citizen Published Daily Except Sunday By THE 'N PUBLISHING CO., INC. 1 SOE ALLEN, Assistant Business M From The Citizen Building Corser Greene and Ann Streeta only Daily Newspaper in Key West and Monroe County. da, as second class matter | red at Key West, Flo Ty-8 Member of the Associated Press he Associated Press is exclusively entitled to use | for rept f all news dispatches credited to {t or not otherwise eredited In this paper and also ADVERTISING Made known on application. of thanks, resolutions of . Will be charged for at s by churches from which dare 5 cents a line. en forum and invites discus- und subjects of local or general | >t publish anonymous communi- » is to be de: izen 1s ac will THE KEY WEST CITIZEN WILL always seek the truth and print it without fear and without favor; never be afraid to attack wrong or to applaud right; always fight for progress; never be the or- gan er the mouthpiece of any person, clique, faction cv «uss; always do its utmost for the public welfare; never tolerate corruption or njustiee; denounce vice aud praise virtue; commend good done by individual or organ- ization; toierant of others’ rights, views and opinions; print only news that will elevate and not contaminate the reader; never com promise with principle. IMPROVEMENTS FOR KEY WEST ADVOCATED BY THE CITIZEN Water and Sewerage. Bridges to complete Road to Main- bathing Pavilion. i-ports—Land and Sea. Cs sviidation of County and City Co vernments, “rxe Port. | . Heteis and Aparcments, Luck usually favors the man doesn’t count on it, Now let’s get down to work; we have some bridges to build. Husbands would be pleased if the wires did have the last word, and hold it. One more wouldn't hurt much. Why | not have a “Mind Your Own Business {| Week?’ i Lame ducks have been eliminated from Congiess, but it still has as many political quacks as ever. human to the Hope springs eternal in’ the and so we have adherents Townsend Plan, It seems to be a law of human nature that some should always be desiring | changes while others are more concerned with the preservation of things they are. as Representative Zioncheck has sent to a hospital for observation. This found necessary after the erratic, wild or just plain crazy drunk representa- live of the state of Washington wanted iresident Roosevelt to call out the army in search of his missing wife. been was Westbrook Pegler, the columnis' ays that the crookedest town in the! United Stat Miami~Beach, “Fla., a beautiful winter resort whichyhas simply } beer handed over to the underworld of} New York, Chicago, Detroit and St. Louis the last 10 years. With authorities in} the higher brackets winking and blinking, | what else could be expected? Al Capone stands at the head of the thousands of crooks the beach city has harbored. “The | peple who own the homes will never get their town back ys the writer, “and if} they do. it will not be the same, for it has become notorious as the hibernating place of gunmen, slot machine magnates and! its beauty has degenerated into a gaudy; imitation of Broadway. 1 9 power? ! $12,000,000,000. | food bill is $11,500,000,000—the | sources! | We do not doubt the sincerity of those who | the clouds of fancy where the mists obscure } THE KEY WEST CITIZEN THE $12,000,000,000 TAX ITEM! =! What is the largest item in the on ican budget? | Is it food, rent, clothing, or light and ; If you guess any of these, you're ; entirely wrong. The largest item Our annual tax and local—is now in You an Nation’s As Ever with By HARVE is taxes! load—federal, state | the neighborhood of ; By contrast, the annual annual" rent bill, $10,000,000,000—the annual ; clothing bill, $6,000,000,000—the annual | light and power bill, $2,000,000,000. \ Government, in other words, takes, ; directly and indirectly, more of our income | than is taken by the grocer and butcher— } more than is taken by the landlord—twice as much as we pay the clothing store—and six times as much as we pay the electric and gas company! But, you say, “I’m a man of average means. I pay little of this tax load—big busin carries the principal burden.” If you think that, reflect on these figures: If the entire net income of all the corporations in this country in 1933— | last year for which official figur are | available—had been confiscated for tax : . . { more pertinent purposes, it would have paid just about i illustration of one-quarter of the total tax bill, | Tce netnaperae tier aie three-quarters to be made up from other ; A certain man had the good fortune to possess a goose that laid him a golden egg every day. But dissatisfie. with so slow an income, and chinking to seize the whole treasure at once, he killed the goose; and cutting her open, found her—just what any other goose would bel The world moves rapidly in some ways while it appears to stand still in others. Here is a picture of irra- tional, greedy behaviour and its con- sequences that was sufficiently commonplace 2,500 years ago to have become part of the tra- ditional folk- lore of the race. Yet it is as fresh and ap- plicable today as if t were the newest “best- seller” rather than a folk tale. There has sel- dom beena leaving vided by the federal tax hil! of 1936, ' as enacted’ by, the-House of Repre- ' sentatives. The taxes paid by Ameri- Tax. | cat business have been a fairly steady AX-! stream of golder eggs for the treas- people | ury. Ever since the war period there a z have been heavy taxes on corporate and it is constantly becoming graver., | net income. Dividends paid out of this income have also been taxed as per- sonal income a: varying, but always substantial. rates. : During the depression Congress and the ireasury have been growing ime a eee affen. | more and more impatien:. Like the ‘ime and again we have called atten- ; Tarim tegtanieltueyitiayeleanied tion to the foolish anti-war resolutions | more golden eggs. Tax rates have E coe been raised and raised again, yet passed by various organizations, generally } was not enoug.. Now it is proposed pledging not to participate in “any war.” The facts speak for themselves. ation is the greatest problem the face. FOOLISH ANTI-WAR ACTIVITY | to cut the goose open. As approved by the Houst. the plan is to tax severely such corporate in- | come as is no. distributed in divi- | dends. The hope is that this tax will support such Undoubtedly they are S ne blewsents S 4 | force corporation: to pay out, each hey are moved by noble sentiment, but, in } year. all that i< earned. If this is done ere nad wah ave hed fe the corporatior will pay n9 tax, but our epimony they have become lost in the | the Stockholders will be mohiee to worship of a beautiful dream and walk | both normal and surtax on their divi- among practical issues with their heads in declarations, | dends as part f their respective per- sonal incomes Should this hope be fully realized v ere would be no fu- ture additions to corporate surpluses out of earnings. It will nov be fully realized, of course, for there will be some retention of corporate earnings. even if a heavy tax must be paid for the privilege. Thus we have a dilemma, either | horn of which involves serious conse- quences for the corporatiun. for its stockholders and for its employees. their vision. One reason for our cynical observance | and lack of respect for such pious resolu- | tions is the memory which goes back to the days of the World War. In that tragic period, men and women everywhere fell over themselves to support their govern- ! ments, regardless of their past record as pacifists, and determined enemies of war. The same phenomenon will be apparent when the bugles sound the alarms for the ; rext military holocaust, | In our opinion, the ardent pacifists of today will then conclude that they face! new circumstances, and choosing between | Normal Moxa | submission to revolting conditions or war- Rainiaii® fare, they will do as men and women have | Ye=terday’s Precipitation heretofore done—join in the support of the | country in which they have been reared, In } such an emergen it is just as well for the individual to have freedom of action and not to be embarrassed by foolish pledges from the distant past. { (Address questions to the aut Temperatures* Highest Lowest Mean 4 Sun rises Sun sets Moon rises Moon Full Moon, June 5 ... Tomorrow's Tides sets AN OLD-TIMER’S DIARY A recent magazine article presents an interesting sidelight on the views and habits of an old-time Delaware legislator, Hon: E, Sutton, who is credited with being the father of that state’s excellent school, system. Sutton was a member of the state as sembly more than a century ago, in 1823 | to be exact, and like many of his day and since, he kept a diary in which his acts and impressions were recorded. Some excerpts follow High Low Harometer 8 a. m. today: Sea level, WEATHER FORECAST (TIH-8 pom., Friday) Key West and Vicinity: Partly | cloudlytonightwand Friday, pos sibly occasional — thunde gentle to moderate southeast} winds, becoming variable, Florida: Partly cloudy tonight and Friday possibly with — scat- tered thundershowers in south and jeas' portions. now j Act of Congr 5, Missouri, “1 streets d Your Affairs Golden Eggs Y L. LUTZ Professor of Public Finance, Princeton University The alternativc: are, first, to distrib- ute all earning: and pay no corpora- tion ta, or second, to retain part or all of the earnings and thus pay a tax that is severely gradua ed according to the proportion of the net income withheld. In one case thers would be no future additions to surplus from earnings and in the other the growth of the surplus would be materially slowed down. The principal reasor. for keeping part or all of the earnings in the busi- ness are, first, t expand it; second, to safeguard it against competition and other attacks, and third, to equal- ize operations over good and bad years If the full purpose of the new tax will stop or it will be slow and diffi- cult. This will .rjure all smali corpo- rations, since they must “plow back their earnings” in order to grow. Jarge corporations will be less af- fected, for existing surpluses are not taxed. The plan therefore discrimi- nates against the small, nc w under- takings that still have their way to make. Conside~ how different the his- tory of the autumobile would have been if this kind of tax had been used thirty years ago. Automobiles would still be an expensive luxury teday. Complete or nearly complete dis- tribution of earnings as earned is a substitution of the grasshopper’s mode of life for that of the bee. The grasshopper chirps all summer long and freezes to death in the winter, round, although he could not if all the summer. Stockholders would get more dividends in the good years, if the tax plan operates as expected, but they wouid get nothing at all in the bad years. There would be steady employment dur:ng the good years, but much worse unemployment dur- ing the future bad years than was the case in the last depression. This is clear from the record. Thou- sands of corporations were able to operate at a loss during the depres- sion because of the reserves that had been stored up during the earlier prosperous years. Like the bee, they lived on the honey that was not eaten while the sun was shining. Without these reserves there would have been many more tailures, and a much over, these concerns that were “in the red” paid property and othe: taxes tc local governments, even if they had no net income on which to pay federal taxes. The new tax plan will lessen the ability of corporations to pay regu- lar dividends, ty maintain regular and steady employment, and to pay taxes. Thus everyone, including the gov- ernment, stands to lose by it. hor. care of this newspaper) Today In History a dozen States, changed by ss to Territory oi 1854—Rioting in Brooklyn, N. necersitating the — militi over the open-air prezching in the by Primitive Methodists by Know-Nothings, a politic party violently — anti- Catholic, in a Catholic Brooklyn neighborhood. opposed 1876--A spec’ -{Jersey City to San Francisco in 83 hours, 34 minutes, 19°6—-President’s Committee investigat Chicago's meat- packing business sent in their re- | port ‘startling country. 1918——American and compel. Germans to - recross Marne, ‘ French the ‘The concrete and sicel in — the Francisco-Oakian bridy e sufficient te build 35 build- ings the size of the Los Angles hall, which is stories high. portions of the Plains States, and generally reasonable in the At- j lantic and Gu Ja’ ville to Florida Straits 1823—Attended state gen-!and East Gulf: Gentle to moder-j Favor school bill. Paid late southecstetly winds becoming} three levies for oats for horse. Got Some ii. over north portion; weathe fine gin today. Took some home in my sad-}yzrtly overcast tonight and F dle bags. I believe in education.” y with scattered A few days later he wrote: “Roads muddy as hell. Brought home | one-half gallon fine rye.” On Jan. 25, 1823, he made this entry: “Roads worse than yesterday. Gen- eral assembly killing time. Sammy Varden side dabe Qt. of prime ‘ brandy today. | ana off the north Atlantic coast, Flanning to pass schoo] pill tomorrow.”’ (| Boston, Mass., 2).°0 inches; while | The school bill was passed, and the |# moderate high pressure area ex-/ Se eee es - : 2 j tends from the Pi:sins States east- rough and ready legislator who mixed | ward over the Lake resion and liquor and learning correspondingly | Ohio Valley, Chicago, Il., 30.20 >py finches. Showers and thvnder-! happy. stor have cecurred during the; ast 24 hours in Kansas, the Ohio} useless Volley. and throvzhout most of jthe Atlantic Siates, being heavy; jin eastern Fico! iami i t WEATHER CONDITIONS the lower Rio eastward over the Brownsville, Tex-| and Key t ‘and Miami, Fla., 29.90 om _ Valle, was remar Snappy are often utterances. : = | inches and Jack-enville 1.46 inch- The bill collector likes to be welcome | es. ; ae whenever he calls, but does not want to be invited to call again. Temperatures are somewhat; below normal this morning in the} southern Lake region, Ohio andj middle Mississippi Valleys, and in KENNEDY, Official in Charge ACKSONVILLE FLORIDA CHARLIE GRINER, Meneses YOUR individes! comfort and entertainment ‘is 2 matter of great importance at thes moder, fre-proof, home-like hotel located in the heat of down-town Jacksonville. Every room with tub and shower, soft water, steam heat, tadio and ceiling fan...every bed with inner- ‘spring mattress and individual reading lamas. AIR CONDITIONED COCKTAIL LOUNGE - COFFEE SHOP Rates-Single with Private Bath 78 Rooms $2.00 - 80 Rooms $2.50 40 Room: $3.00 - 24 Rooms $3.50 10 Sample Rooms with Private Beth $402 Shght crease for dovble occupancy — Other 1 8 POUND Horels HOTEL PATTEN Ghusenooss. Tenn | KEY WESTIN | | DAYS GONE BY | stort conn there a with who never to hime think I'll be a can j water Board. } Happenings Here Just 10 Years — Ago Today As Taken From The Files Of The Citizen Breath { sidered by the Monree Count Today's Anniversarie: ( seseseeecececescs. honey gathered were eaten during ; greater decline of employment. More- | ha: pr ment bill is actually realized, expansion ! of Key West will get everything we have been asking in connection with the Chairman Otto Kirchheiner just hassee where the chairman members of the state partment met. ided at the meeting d of the state informed that the matter ed to the rned and Ke; just what she asked for. Sugene Sands and Boca Grand visit with prt Roberts of brother Newton street. Owing to the have been opinion as mayor to The produces charter duties and ayor sh several to the said who Talla- and road de- Hathaway, and oad di Mr. Kirchheiner had been adjust- faction of ali con- West would get Tamiami trail” ments returned from = find t Fons pall rdinances © pa by and mncil necessary t order mae family, of ve arrived for a Mrs Mr. Sands’ sister — Francis William Cullin This cers who Sands’ first visit in he “A steam engine the iment of Hon, Fracis ‘as candidate for Supreme Justice. all the qualifications tion which is renewing old acquaintances * TURNS AWAY work annou EK: « for SARASOTA, Fla ption over the rter Court possesses Judge Carter ar or the posi- * his he se and friends feel it is to the advantage lof all voters to give vote. while the bee eats regularly the year | and ting | { | | Hl { Macie Gaiti, daughter Mrs, Jack Gaiti, entertained a j young friends y party in h Music, dancing and games the pasti ling which delicious r ‘were served. contest | Knight was the Fifteen applicants to teach in | Florida minations today at the West High $ jtion is being given tendent Meivin I commenced yesterday | continue throughout tomorrow. Captain Clarke D. Stearns, ad- ed the council last night red- to the matter of a fresh wa- ter line from Key West. proposition point and showed the him their Lease ma cent of th ty, Kan., lease. My liy her of delight? number of terday with a her birthday. formed nor oO: s of the ¢ LM When Travelling PROTECT YOUR TRAVEL FUNDS THE MAXIMUM OF ENJOYMENT OUT OF YOUR TRIP BY CARKTING There was a guess- and Miss Ch lucky contestant ora AOD, of are taking the required Key The examina- by Superin- Russell. It and will choc mainland to explained — the every stand- feasibility the He from Member of the Federal Deposit Insurance Corporation AND GET The First National Bank of Key West SESSA ABA ALAS DAH, of the idea and also went into a detailed explanation of several of TAPALLAPLLLSL | 'SIIIIISITAIILAISISS SS ISIS SSIS TS CHISTIIOIIIL SS the plans which have been con (FOOD OO OOS aIS AS if Ch he ddd ddd Delay In Your Building Or Repairing Will Cost You Real Money Now Is The Time For Those Who Expect To Avail Themselves Of The Rich Tourist Crop Next Winter, Te Repair Or Build If You Wait Naotil Later, The Added Cost May Be As Much Or More Than The Amount You Will Obtain From Rent Of These Accomodations Visualize For A Moment What The Bridges Are Going To Mean Carpenters, Laborers, Masons, Plumbers—New Idle— Are Going To Be Working. If You import Them From Miami You Will Pay Miami Scale. Anyhow, Key West Labor Now Is Going To Gradually Increase lts Pay Scale Until It Comes Up To Other Do Your Repair Work Now—And Save South Florida Contracting & Engineering Co. Phone 598 White and Eliza Streets - “Your hume is worthy of the best” [APP Peep ee grdndnddiéediéiidtdtééédé/2 222 eee teat ete dba ddd Ad