New Britain Herald Newspaper, June 12, 1925, Page 2

WEDDING| GIFTS | A Selection of | FOSTORIA GLASS 5 | issure to please the bride (+ift Dept. THE DICKINSON DRUG CO. ‘ 169-171 MAIN SI. e ——— Your Last Summer's Suit Is Passable T0 THE SALVATION ARMY Last summer’s fashion was vastly diqerent. Coats are now hroader of shoul- der—trousers these and other make (he ago passable but not practical. wider of limb— changes galore suit you wore a year Army will be glad that might though you hands of the receiver. || The Salvation to recelve the suit make you look as were in the Theea are new—atry—cool— atylish. $15.00 up 'alm Beach Sults Cool Underwear | HORSFALLS | 93-99 Mdsylum Sireet ] Hartford, “It Pays to Buy Our Kind” GIRL SCOUT NEWS The Girl field day at the New Britain Girl Scout camp, Fort- | land, Conn., has been postponed to | Saturday, June 27, the day after | schools close. Scouts who are not going with their parents should give | their names immediately to their captain or to the wish to go by bus. Members of the New Britain Ro- tary club have kindly volunteered thelr services to help build the camp house for the Girl Scout council on Saturday, June The camp com- | mittee will arrange for a camp sup- per to be served to the Rotarians on cout office, if they that day. , Mra. L. A. Sprague, Mrs, Charles Spring, Mrs. H. E. Miles and Miss L. | 8 Shaw attended the Girl Scout | rally held in Hartford Mrs. 8prague | presented more han 600 merit | badges to the girls of Hartford and Vicinity Troop 2, First Congregational ehurch, went for a hike in place of Aty regular scout meeting Thursday. Troop t Hartford and Troop 10 | of Newington held a jolnt plenic at | Newington under the direction of Lisutenant Muriel Kehoe, formerly of New Britain. | Misa L. 8, w, director, visited ool troop at its last | ral of the girls are | 8t Joreph's & meeting. S planning The next leaders to assoclation meet. ing will he held 1 the Mon- day preceding the | The troop at church 18 progressing rapidly under the lead erthip of Miss Kat MeGrath gaveral of the girla e to finish their tenderfont tests and attend camp. uUs SEIBERTS PASTEUR!ZED MILK AND CREAM ..f/ ’|r SHE'S PLEASED WITH OUR MILK t There’s a reason why : our milk receives such a welcome. It is pure and sweet and from | farm to the bottle it's handled in a cleanly manner. ESEIBERT { SON! 437 PARK ST g 1720 NCW Hl"TnlN CONN. MAKESURE ITS SEIRERTS 3 * GRADUATED SALES TAX BEST, KIMBALL (Continued from [First Page) conditions in the member concerns during the past year in his opening remarke. Manager Thomas J. Kelley gave u comprehensive outline of the asso- ofntion’s activity in his annual re port Mr. Kimbal's address wns as follows “The steadlly growing burden of taxation has hecome the greatest problem of Amerfean industry, In the 20 years ending in 1821 the amount confributed by the Ameri- can people for municipal, state and federal purposes Increased from $1,732.000,000 to approximately $10,000,000,000. Of this amount tederal increase has been 75 per cent the s 400 per cent, and the municipal 500 per cent. Of this amount, approximately $2,000,000,- on per annum s divectly traceable ta the war. The amount required is lecreasing. For in the last vear of the war, the paid for state taxation #ks and the amount levied noet example, 1918, unt 000,008 in 1023 which is the last year for statistics ure avallable, was 00,000 for this purpose. Tn \r years the tax problem of the manufacturer was comparatively simpie had to pay 1 per cent of his 10 to the federal gov- srument and enter into hig annual bargain with the local assessors on | his Jocal taxation. The modest budget of this state was around $3,000,000, of which industries’ con- tribution was a state tax of about one mill on the grand list. 1t is now er 20,000,000, “Taking for example a corporation with hranch offices outside of Con- necticut. 1t must prepare and make 14 eworn returns, the total mount being one-half of as much as is received by the shareholders in many Instances and from 10 to 30 | por cent of the amount pald in Jabor land wages. “In the many arguments that ar produced for and against the tarift o |this last item has never. to my | knowledge, been advanced, but it i becoming a real factor in our ex- ough turer are port trade. It is difficult e to meet the European manu in foreign markets while paying double or more the wages |that are current in those countries without facing in addition thereto a tax burden so materially increas- ing the cost of production in Amerjca. “Prior to 1015 the manufacturer terested in state taxation only mount of the so-called 'state OOKED FOOD SHOP 118 MAIN ST. Mutual Bldg. we was in ALL HANDS are extended toward this Delicatessen Store. This is the kind of weather to have cool dishes and no better place can be found to get them than right here. Be- come a patron today and every day will bring you this Delicatessen Store hereafter. Why exert yourself cooking when you can huy such things here. SATURDAY SPECIALS Cloverbloom Butter (1-4 1h. prints), 49¢ Ih. Walnut Meats, 55¢ Ih. Brookfield Butter prints), 49¢ Ib, Pickled Pigs Feet, 18c Ih. (1-4 b, | Corned Beef Hash, 20c 1b. (enuine TImported Roquefort Cheese, 59¢ Ih. Premier Steel Cut Coffee, 50c Ih, Delikatess Spisknackebrod, 45c pkg. Vacuum Namco Crah Meat, 39¢ can. Pickled Lambs Tongue, 3 for 25c. Imported Pickled Herring (mll mops), 2 for 3 Wedgwood Butter, (Y4 Ib. prints), 47c Ib. Reg. 48c Coffee, 40c 1h. Roast Stuffed Chicken, 3 to 4 Ib. avg., $1.75-§2.00. ABOUT THE STORE N. B. C. Cookles. Winchell Smith’s Whole Wheat Bread. Pickles and Olives. Chicken, Potato, Egg. Tuna Fish, table, Combination Salads. German and Swedish Delicactes. Short Cut Smoked Shoulders. Imported and Domestie Sardines 01d Colony Canned Goods Wallace's (Get Thin) Bread. tax' based on about one-tenth of one per cent of the grand list, Since 1915, owing to finequalities in the ml‘lhm] of assessing, this has been changed and a levy of u state tax of | $1,500,000 to $2,000,000 W charge- lable to the towns in the ratio of rev. enues. Owing to the increase In state expenditures, the legislature of 1915 declded to levy a direct tax on incorporated Industry, ‘Their first suggestion was @ corporate excess tax, based upon the Mussachusetts law, on which the taxation was to ba figured on the difference be- tween the market value of the shares of the capital stock of the corpora- tion and the assessed valuation of that company's properties in the state, It was computed that this tax would ralse about §800,000, A ca ful study of the sitnation by those who were directly interested indicat- ed that tha amount thus raised at the proposed rate would double that figure. “The Manufacturers’ Assoclation thereupon suggested an as alterna- tive a levy of 2 per cent upon the net fncome of these miscellaneous cor fons based upon the fedaral return, and the committee repre- senting the Manufacturers' Assocta- tion made the statement that the amount thus raised would amount to more than the §800,000 required and that the cost of eollection would be almost negligible “This has proven to ha the case The first year $1,900,000 was rajsed and the average amount has been $2,100,000, and the tax is cheaply and effectively administered. The Manufacturers' Association has suc- cessfully resisted all attempts ma- terially to change this law, and it remains on the books today in al- most: its original condition. “The attempts to levy on the in- come before excess war profits tax was deducted was successfully op- posed, The legislature of 1823, how- ever, refused to permit the deduc tion for loses in prior years which was allowed by the federal govern- ment “Fuderal tasation cannot be ma terfally altered by any effort of the Manufacturers’ Association, nor can we in Connectient fn any way change the taxation levied upon our corpor- ations for doing business in other states, Our own income tax has met with but little criticism. The great- est need today for tax reform s in the matter of the | I taxatfon on personal property. The fundamental principles of cor taxation requirc that the tax be certain and be equal: the present method of assessment is neither. Real estate values are as- sessed with reasonable equality and fairness in many of our towns, The property is in plain view and the values can be reasonably ascertain- ed. Such is not the case as to tax- atfon on personal property “The tax committee of the Manu- facturers' Association has never talken any direct action relative to any change in the taxation of per- sonal property for the reason that lenever a change is proposed a large port of the membership of the association consult their personal memoranda and ascertain what ef- fect the proposed law will be upon their own concerns as of last year, not willing to look ahead, and each is confident of his ability to deal with the assessors better than his neighbor and thereby make said neighbor pay a part of his taxes. The Manufacturel [never cared to assume \\hh h will be lald upon it of its members. |18 made NEW BRITAIN DAILY HERALD, FRIDAY, JUNE 12, 1925 Assoclation has |sales tax of upproximately five mills the blame | would be necessary to ralse an for any |amount equivalent o the present tax |increase tn the amount pald by one |on personsl property. White 1t s When a prnpunul‘\ury true that this would produc to change the method, the [serious fnequalities as between va- members who find that this method |rious Industries in the state, it Is (would reduce their taxation are un- animous in favor of its and those to the previous year, would increase the amount of thelr payments, arise as one man to oppose the change, “The Manufacturers' Assoclation has, therefore, refused to take any positive and direct action to remedy the situation, although many sug- gestions have been made to jt by those whose local tax burden 18 plainly unfair. “The methods that have been pro- also true that these inequalities | would not be as great as those that |who find that the method, It applied | ) now exist under the present law, and being definitely ascertainable, could be provided the selling prices. “8. The third method, whith is a varlation of the foregolng, would be in |a graduated sales tax, in which the rate would be graded in aocordance with the percentage of the profit to to the sales. While this seems ex- ceasively complicated, yet the figures are not so difficult as would appear, as the gross income must be re. ported annually to the tax commis- sloner and the ratio of the profit to these figures is a matter of very simple calculation. This would be a tax on the earning power and, if properly administered, In my judg- ment would be the falrest method of ohtaining the necessary income. |'The tax on unprofitable sales could posed have been substantially as tollows "1, An increase in (he state in- come tax, said income to be return- {able to the towns. We must bear in mind that the direct taxation on personal property yields approxi- mately $7,000,000 to the towns in the state. This belng the case an increase of the state Income bascd upon the average income re- ported for the last elght years would be nearly n per cent. That is to say, In place of the present in- come tax of two per cent a levy of | nine per cent would be necessary | upon the net income, The objection | !to this method lay In the fact that the burden would be extremely un- equal: more than lalf of the cor- porations of the state would without payment of the personal property. "2, The tax commissioner has been in favor of a gross income tax which 18 another name for a sales escape tax on their itax. This tax would aiso be un- equal although much preferable to |our present uncerfaln method of taxation on personal property. Many concerns have a large turn-over on a small margin of profit, while oth- ers have a much smaller turn-over a larger percent profit result would be grave In- hetween corporations income whoge gross income w . The gross sales c alike but s far differ- corporations oing business in the state of Con- necticut are estimated at about $1,500,000.000 per annum, and a | be be low enough 86 as not to be bur- densome, and the tax upon profitable sales, being chargeable directly to profits, would not cause any stantial hardship. 4. The fourth method would be to provide a method by legislation for valuation by the asscssors in practical conformity to the latest declsions covering this matter, nota- | bly, the so-called ‘Underwood Case,’ with a schedule for arriving at valu- ations on merchandise which would provable hy the books of the corporation. Tn effect this would be as follows: Machinery and egulp- ment would be valued at its replace- ment cost less acerued depreciation; speeial machinery in use on the same basis; special machinery out of use or obsolete at its scrap value; goods in process at the value of the material plus the labor expended on the same: finished stock of salable merchandise at its selling price less | an amount equivalent to the demon- strable cost of selling on profit. “This method |s easier to describe than it is te put into practice. A specfal die which may have a value of $1,000 to the owner may become “THE HOLYOKE” (Gas and Kerosene Heaters, 1 coils, quick to heat, saves the fuel ERICKSON & JORNSON 34 DWIGHT ST. has Join our vacation club! Therearealot of happy New Britainites " who have received checks from us for the money saved since last June in our VACATION SAVINGS CLUB. Weekly deposits of sums that you will hardly miss will guarantee you a [ " . + + + + “real” vacation next year. + ¢+ * i m | Save 50c to $20 Weekly Have $2§ to $1000 Next June sub- raw materials at the market; | itk 4 Aol without value by reason of the ob. solescence of the product of that particulartool. Bpeclal machinery which may have cost thousands of dollars to produce becomes obsolete when the method s superseded by something more practical. Very few of us know what the real fair cash value ls of our oquipment. and none of us knows the real cash value of his special machinery. If this method were adopted | cannot but belleve that we*would be in ap- proximately the same unfortunate position, in some respects, that we are today, namely, that of bargain- ers with the taxing powers, “Every e 1o the unien s up inst th condition in re- | 24clh. . 39¢ b, 42¢ b, rd to taxation on pe props erty, Some have already adopted a | win, Howell Cheney, pet fncome tax as a substitute, My | Stone, Charles B, Whittlesey, Charies own opinlon Is that & graduated | L. Taylor, Clarence K. Whitney, Charles D. Rice, B. M, W. Hanson, Joseph M. Merrow, ¥. C. Billings, D, H. Thomson, Charles B. Cook, Carlisie H, Baldwin, Joseph F. Lamb, C. ¥, Bennett, A. Buol, Fuller ¥, Barnes, 8. Little, Alexander C. Harper, Stanley 8. Gwillim, F. N, Wells, Arthur D, Coffin, C. R, Burt; auditors, Arthur W, Fox and Shiras Morris. sules tax 1s the falrest method of deriving revenue from the holders of personnl property; that a tax thus arrived at would be satisfactory as any to the tax payer, d would torever relleve the owners of in- dustry from the thought that they are unjustly compelled to pay some part of thelr nelghbor's tax bur- den” Officers Elected The following officers were elect- |ed: President, James L. Goodwin; {nrst vie president, A. Buol; second vice-president, Arthur D. Coffin, Rhubard when edten in excess has been known to act as a pofson. READ THE HERALD WANT ADS. HICKEN WEEK FRESH-KILLED CHICKENS Boiling, Salads and Sandwiches .- 24¢ |b Dry-Picked YOUNG FOWL 'FRYING CHICKENS (2% Ibs. average) 42¢ |h. 48c | LARGE ROASTING CHICKENS 48c b, (5 Ib. average) Legs Milk Fed Veal...lb. 25¢ | Shoulder Roasts ......Ib. 22¢ Loin Veal Chops ....Ib. 38c | Sirloin Steaks ......lb. 39c b. 17c LEAN SMOKED SHOULDERS Cloverbloom Print BUTTER b. 49¢c FAMOUS “NATIONAL” 6 TO 8 P. M. SPECIALS Between the Hours of 6 and 8 p. m. on Saturday, three Items will be on sale in “NATIONAL" Mark: AT LESS THAN WHOLESALE COST. SEE WINDOW DISPLAY FOR THESE ITEMS National Meat Stores Company 70 WEST MAIN BT, “Largest Retailers of Meats in America” Ktores In New York, New Jersey, Massachusetts, PHONE 184 Pennsylvania and Connecticut, Hot Weather and Vacation Time Demand MANY SMART FROCKS Attend This Sale for Yours VERY ONE OF THESE DRESSES was specially pur- chased—Dresses that for style, quality and value will appeal to every woman 10- MATERIALS 378 Mai on HOOSE FROM SUCH LOVELY AS GEORG- ETTE, PRINTED CHIFFON, STRIPED SILKS, DELIGHTFUL PRINTS, FLAT CREPES, PLAIN and FANCY TUB SILKS Rothfeder s At Rothfeder’s This Sale Is Planned for the Woman Seeking CLEVER SUMMER DRESSES at a Very Small Cost A Great Dress Sale forSaturday’sSelling at Rothfeder’s 00 15° EW TRIMMINGS SHOW THE NOVEL USE OF FRILLS, FLARES, RIBBONS, GODETS, LACE and NOVELTY BUTTONS. These are new shades, pearl, white, Nile, orchid, heige, peruinche blue, canary, lipstick, black, navy and striking color combinations LACES, g