Norwich Bulletin Newspaper, July 22, 1922, Page 4

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)

"126 YEARSOLD | Trivmd wes dap e vear exter Budes, Bupseripion pries ldc & wepk: Gt o menth: §8.00 month or more than 33 a'day, but per- haps the most impressive feature of the, Teport ls the claim that 633 of them oc- curred within cities and were larg:ly due to excessive speed st street imtersec-) tions, In other worlls the trouble was the result of the unwillingness o many! drivers to make that sacrifice .f speed, that would mean giving consideration to| the possible presence and rights of the other fellow. The situation as far &s prevention Is conoerned resis with the drivers, There can be a greater number or a lesser number In accord with the ude that ig taken ‘comserning -speed. ose Who persist in displaying their reckiessness must of eourse be.properly dealt with, and_while all the accidents do not by, any means Indicate recklessness there. does_appear to be a general temdency to e lack of due care.. S The guestion of safety In the streets cannot be ignored and it is a valuable servige, that is being rendered by the motor vehicle department in bringing to the ‘attention, of the public the situation that exists present, It should -have the desived effect in impressing upon’ auto drivers the need. of giving a bit of thought to conditions and others Instead of concentrating it chiefly upon speed and a desire to avold using the brake. It ig a condition of course which aup- plies everywhere as is shown by the report for New York city during the moenth of June where there were 233 deaths from preventable automobile ac-; Cldemts. Bt ‘whether the sadidents arel Ihe Srifiéh <debt jreursed sk fatal or just a matter of damaging the machines the emphesis 1is properly placed when' it is_mainfained that they were accidents which could have been prevented had-the drivers been in such control jof their cars as safety requires. FIGHTING SWINDLERS. Something less than a slap on the wrist seems to bethe method of the) federal trade commission in dealing with the promoters of an ofl “enterprise in Texas, who according to the.commis- slon have been engaged in false Tepre- sentation of stock sales-and securities. It is mot to be supposed that this 1s the oniy instance of the kind “in 'the rountry where people have been fleeced sut of thelr hard earned. dollars by just such operators, but it is from all indi- sations a situation which ecals for something more then. 2 eeonsure - for those who have misled and deceived no| less than 1100 people. Possibly the commission s leaving any prosecution to other agencies: There is a service be- ing rendered of course in directing the stopping of such-activities as those pro- moters have been engaged in. It means’ in all probability some protection to the gullible provided the order is obeyed, but unless there is some penalty at- tached to cases of that kind where mis- representation has been established =it isn't going to have a very strong Te- straining effect uwpon others, or poseibly' upon the same ones under new colors elsewhere. Frauds spring up over night. They develop as the result of a study of what others are doing in channels of that character and how easy or difficult the path is made for them. They are en- couraged or discouraged In the consid- eration of such possibilities by the tol-! eration or the opposition that is display-, ed. 1If it is made known in advance that participation in such swindles is going to be unprofitable and injurious because of the enforcement ‘wof laws against such practices they are not go- P‘: to be Inspired to give their time and ittention to such matters. The lure of the fraud game is the big returns for a sthall amount of effort. The ‘cure lies in making the fight against it 1s so. strong and in making 1t so plain that the easy marks are going to be pro- tected, that there will be noattraction in such a game. OUT IN NEBRASKA. The primaries as they oceur in the different states looking to “the election. in the fall maturally call forth consid- srable attention. There are those that are conducted on natfonal lines' and others that have little” more than & state bearing. In Nebraska thig, week there have been several contenders.for the nomi- nations in both parties. ~The result i that Semator Hitchcock has been renoms inated by the Ademocrats and as his op- porient, R. B. Howell, republican nation- al committeeman from that state, has, been nomiated. ¢ That Senator Hitchcock appeals strongly to the rank and file of the @em- ocratic party than does Mr. Howell in the republican fold is t0 be indicated by the support obtainéd. - There wers, teo opponents of the senator and yet hs ran up a smashing majority. at the polls. Tommitteeman Howell secured the larg- st number of républican votes among! the three republican candidates, but he was the choice of only a minority of the party votes, there belng more than haif of the rgpublicans who voted in the pri- mary who cast their votes against him. This doesn’t necessarily signify . what will be done on election day. Senftor Hitcheock isn't going to have the bene- fit of that democratic battle ery, *“He kept us our of war," to boost his. voting strength this fall, but.in. view of the which they have taken loss. of rights, but if that the ultimate resuit the quicker it brought abewt the better. It in faet! should be done now rather than a week, or a fortnight or a month from now. Just ‘what Wwould happen to those who have been employed with the under \standing ihat: they Should have.perma- nent - erployment “fen't {ndieated, - The presumption is” that they couldn't e booted too quick but there 1s no reason to expect that the railroads could con- sider such a move. ‘They have respond- ‘ed to a situation which_helps the rail- roads but which alse aids in the preser-: vation of railroad service for the entire country and it is only natural that the! railroads should take the view that:they) must be taken care of. —— s CANCELLATION. Tt is natural that thought should be directed toward British effort in con- neetion with the settlement of its in- debtedness %o this country in view ef the offer tb ‘cancel its claims on France. Recently It has been declared- b those “speaking for Great Britain that country was ready to draw up an| agreement concerning : the payment of ing the i Justs ey (war ‘and it is/to be expected tHat hefore long the representatives of that country wil] confer with the commission named by this country for arranging those de. talls. €32 & ‘Whenever efforts “hitve been made to sound sentiment in this country con- cernirig the matter of cancellation of such war debts they have mot recetved much encouragement. It can be appré- ciated ‘that 1 would ‘mean much benefit to the countries of Europe but it would mean ‘the shouldering of that much war| expense of those countrles for which we ‘were not_responsible.. . The opposition _to the cancellation idea 1is -fully under- stood by Great Britain, but in view of| the example which it has set in connec- tion with the French-débt it Is entirely possible that further .efforts may be. made te get this country to take a simi- lar view. ; = There is of course more than the mat- ter of debt cancellation involved in the action taken by the British In relleving the French :of-the indebtedness to Great Britain. There are the refationships which are going' to Be improved there-| by but Which were strained while the effort was deing made to get France to do something which It was 1o} do untll given a corresponding relidf. IR R T EDITOBIAL NOTES. - - - ‘When Pngland refuses to admit Emma) Goldman it probably figures that it has trouble enough already. . world s from growing better. — The idea of having Hughes. as the head of the delegation represent- ing this country at the Brazil ition is a capital one. - —— e - Guerrilla warfare in this country for the time being is' giving second place to the equally uncalled for bloodshed that, i3 being caused in Ireland. There are those who look upon. th view that needs to be changed. e s T There are those reckless drivers who need to be taught-that thers are penal- ties fgr .making the. highways danger- ouws and menacing the life and llmb of Eight deaths by drowning on Sunday in New England indicate that there is close rivalry between those shuffling off! the mortal cofl by auto accideat =and drowning. ." = ring the mall to trucks. The horrible example at Herrin still g5 of Poland and tion. In 1920 cases in Poland decreased about 400 per cent.; last year in Russia they dropped from 3,000,000 to 608,000. This alone justified the league of nations he 4 of ;!urvlcb, “The question that is béing asket “sides, | in the city and out of it, {s this: .Is:the startling advance of the price of real es- tate fictitious, or does it represent an actual tate, rich and he, or other/members of his family, ‘have a-burni lesire for social recogni- tion. Of coprse he must lye in a better neighborhood, to pay an exorbitant:price for the property. In so doing he upsets the val- ylation "of property on the entire street. ‘This leads to the inquiry: What is the basis of valuation? - Vices that are allowed to grip up at all are very apt_fo grip us hard, but none quite sorhard as gambling. Th standing feature. ‘Zambling selfishness; it is not a vice in which we are willing to share with others. party who is opposed 10 us 1 a gambe ling scheme is the one who suffers by us if we win; and we .are the ones who suffer in' he wins." It'is a pleasure ome persen enjoys by making somebody .else suffer. Of course the losing party is mot entitled to any sympathy, becaus: 1t has been in his heart to do the one who beat him. There is little to ba said in fayor of drinking, but it is 'not so mean as gambling, because it is convivial; some- thing in which the other fellow joins. Dr. (ladden, speaking of the gambler’s pleas- ure in. getting the other fellow’s money for which he has paid nothing, 'says: “Phat spectacle always fills amazement. There is something so es- sentially sordid about it, that it sesins to me beneath tontempt. Have we sunk in our miserable money-grubbing, to such a depth as this;-that -we-are forced to turn our pastimes into schemes of gain?” There is a certain intrinslc value in solitude, provided one doesn’t have too much of it. Given in’ homeopathic doses it s good for us. Like icewater it is better to sip it occasionally than to gulp it’ down by the glassful. “The man who lives all the time in solitude, like the hermit, is apt to‘be not only long-haired and dirty, but morose and eccentric. 1 fever knew a hermit who was not unbal- anced in mjnd and degenerate in char- acter. Living all alone by himself in seme dilapidated shack, with no human habitation in sight does mot make for manliness. He is usually the man who wrecked a home by his bad habits. He goes down and down until the end is the hovel which his fellows shun as they would a pest house. Once a week he shambles into the village store to get his weekly rations. At length they begin to miss—the long-haired man with the buriap bag slung across his shoulder. The storekeeper. -notifies: the selectmen who find him in abjeet saualor, dead on a pallet of straw. Then a pine box, a hole In the ground and—eternity. What I have sald above is not in con- demnation of solitude as a thing in itself, but of men whose bad habits make soli- tude a sort of solitary confinement as far A8 they are personally concerned. But if we take solitude in two-grain tablets at week<ends, on vacations for hunting, fishing and camping, . in the . wilds of Maine or Voluntawn, we strike altogether another proposition.. Thé [lure -of the’ tent, the scent of the pine, the swish of the steel rod and the distant Jingle—of the cow-bell are needed substitutes for the tariff, the grating of machine politics, miners’ strikes, and coal shortages. God have mercy on the boy and girl, man and woman who have the “figits” if left alone five minutes; who depend on out- side froth for ‘entertdinment such as parties, picnics, peanuts and merry-go- rounds. If.the source of entertainment is within us we shall be as contented in the wooded mountain as in the packe movles. Thoreau onee said: “I have a great deal of company in my house; es- pecially in the morning, when nobody calls"~He was big enough to ¢reate his own society. Usnally when mid-summer arrives we have much to say ahd do relative to: keeping cool—aithough ‘it has not been lephant sun. is better, because heat that ~within and works outward better than a reversal of the process. g| Now 1t 15 bad to have cold feet, but it is proved. Tt would simply 2 n which the Tallroads are not respon- sible for, - Senator Harris says the good people ‘worse to have a cold heart. Don’t try to warm up your heart by craving those who are as cold as . simply do something that; the other fellow and that very 1} 1 of Georgia. deploré lynchisigs the same | This s thd birthday of Bishop Joha as the good people of other states do,'C- Kilgo, people But ‘it canmot “bé that the go Georgla “are very numerous or in- of fluential or ‘they would have ehecked, in- ‘whose recent critical illness ‘been a cause for anxiety among a large circle of friends. 5, BEgACEELiE ?z; gg fpo 2 ;gggg 5E§§ 4 2 & 4 g What is meant by “doing business” is & very comprehensive everything about ‘be employed. The which a person can oo it he 1s wiliing | that obtaii:. in the mm-u-y.mmm- presentative enterprises must earn order mmmm&mek-cu': Thus, if a 20 per cent. return is nec- essary to keep the value of the stbek fair value ‘poration| at , the 1 mmlt in its ph“:imynél d hl-; Iy by . an: riduced its'activities accordingly. How- ever, the mere closing down of the plant for 3 n pe that sales ymmt business is slow does not mean that the cor- poration has, ceased doing business. ‘The regulations issued under-the - ital stock tax law outline that among others, a.corporation will be deemed to be carfying on er doing business ‘where it is engaged in developing min- eral lands, where a parent corpora- tion manages or operates the plants of | its subsidiaries, or where a corpora- tiontion is engaged in the buying of se- curities or other property, even if for a period it makes no sales because of unfavorable market conditions. _Examples are given in the regula- tions of eorporations that are held nqt to be carrying on business and thers- fore not eubject to tax. These in- clude: 1. A corporation in the hands of a recéiver and not doing business as a corporation. - 2. A corporation in process of dis- solution at the. beginning of the tax- able” year. 3. A corporation that has entirely abandoned its business. 4. A holding company whose only activities are the collection of ineome from subsidiaries dnd the distri- bution of such income in dividends. b. A corporation that merely holds title to property subject to a long term lease or otherwise within its control A new provision is contained in the Regulations with respect to newly or- ganized corporations.”It is now pro- wided that a corporation may complete its .organization and sell its capital stock withont incurring liability, but othér activities such as entering into contracts or for the construction of a plant or the purchase of property will constitute doing business. That is, a tion need not be engag- ed in the production of its intended product as jong as it has taken ac- tive steps towards that end. YFair value” explained—By “fair value of the ital stock” is neither the be value, nor the par value, nor the market value, nor the earning value of the stock. Considera- tion must be given 1o all of these fac- :ors before the fair value can be de- “To assist the taxpayer in comput ing the fair average value of its cap- ital the return provides three exhibits, each of wheh must be com- pletely filled out. The first, known as “Exhibit A” calls for the listing of the assets and liabilities of*the company, as shown by the books, as well as the fair value of those assets and lia- bilities, and an explanation of the dif- ferénces between the book value and fair value, where such exists The second exhibit (Exhibit B) computes the value based wipon ‘average sale prices of the stock during the pre- ceding taxable year. The third exhi- t (Exhibit C) when properly filled out shows-the earnings for the past five years as reported on the income tax returns to the federal goyernment, as well as deductions and additions thereto, in order to arrive at the ac- tual income of the corporation. Space s then provided for the statement as to the average earnings of this five i:r period and their capitalized ,val- serves from the fair walue of the as- sets, Values as of Ji 30th are re- quired, since-the taxal year Wor cap- in taking one -hundred twentl eths (100-20) of the average earn- ings. 1f '18 per cemt. is a fair rate, the fair value of the stock-for the £xhibit will be one hundred eighteent (100-18) of the average income, and $0-on. In the previous years, the regula- tions deemed~ the highest value indl cated by the three exhibits to be the fair average value of the stock, and based the tax there on. The regulations for the current year, however, change this procedure in that the taxpayer is not held down to any one of these ex- 1jibits in the determination of fair average value, but may submit with its return any other ce that| more conclusively arrives at such val- ue. ] — LETTERS TO THE EDITOR Why Is No Attentlen Paid? Mr. Editor: Much has been said con- cerning the carnivals, letters have been written both against them amd in favor of them and still the nuisance goes on. ‘Why is it that some people can make complaints that are unjust and unreason- able, and attention is given at onee, while others who make just and reason- able complaint are ignored? Is it be- cause the former are property owners and the latter are too poor to own the roof over their head? The men who usually run these carnivals are of a rough class—out for the money—so what difference does it make to them 1f these nerve-racking carnivals are the means of disturbing the residents, as long as their Det dogs can sleep and are not disturbed. The-men who have to toil and labor for their families during the day, have amot the opportuhity to sleep during the day, 80 héive to Gepend on getting thatr requir- ed rest at night. Is it right and Just that these men and their famifes should de kept awake at night? No, a thousand times no, and if I lived in their midst I would endeavor to do all In my power to put down the intolerable nuisance that is sufficient to drive,one either to hades or to the insane asylum. Why can not thitse men who run these carnivals, con- | duct themselves as gentlemen should, in both an orderly and quiet manner. Clos- ing at a reasonable hour and seeing that the grounds are cleared of ail persons? A WEST SIDE SYMPATHIZER Norwich, July 20, 1922, SUNDAY MORNING TALK IN CHRIST. 3 ‘What is it to De “in° Christ? 'fhe boy says that he is “in school” What ‘WAS JOHN BUNYAN A GYPSY? ‘Was John Bunyan, who wrote .th: as disreputable, but discrimination must be used to d between the va- ‘handicraftsman. ‘Bunyan wrote “My Jow and {nconsiderable station, my fath- er's house being of that rank that is meanest and most despised of ail.the families of the jand." = - It has been generally believed that he was not entirely of gypsy extraction, he had some gypsy blood in his velns. Sir Walter Scott was disposed to favor that the Bunyans, ”‘“;umg his Hp eyes, ¢ Jf:.- the old British Mnn.m‘m.— reddish, but in his Jater days sprinkied with gray, his nose well out, his mouta not too Jarge, his forehead something high, and his habits always plain aal modest.” ‘There |5 more of the Saxon than the Zingar{ in that description, as appears also the ‘portraits. of Bunyan? Evoey theory Is hat The. -register in gvpsy Ul 8- & ths parish where Bunyan was born shows that the family had been settled in Bel- fordshire for a long time, and some of them were persons of property and in a position above the class suggested by the term gypsy. Besides, gypsies, at the time of Bunyan were ill in favor ic England and they were much persecuted as undesirables, which the Bunyan fam- {ly seem not to have been? To refute the assertion that Bunyan had been a s otdber writers take the parish register and copy nurm a long list of Bunyans who had baptized, held estates and had married at least two cenfuries before the timne of the “Tinker of Bedford Jail.” Thev say this disapproves tlie- theory that Bunyan may have had gypsy bloo@ in his veins. They also affirm that the long existence of the name in the county “effectunlly disposes ~of the supposition that the Bunyans were Europe generally to protect themselyes against the severity of the laws passed ageinst them. The tradition among all the British gypsies ¢ that their Rritish mames were originaily assumed from those of” peopie of imtln- ence among whom the tribe settled, as they scattered over the country, and hal districts assigned to them umder echief- ens or passports to keep each in his district, or from infringing on m rights ‘| of other. people. As to the writers who argme that ‘Buryan's personality indicated he wae not a gvpsy, this statement is taken exception to by Sampson in his “His- tory of the Gypsies,” who says that a person can, in the most important does he mean? When he says it, he x| o at home, or on the street, or in the play- ground. He means that he is attendiog school, that this is his main busimess, that all else, vlaying, working, eat'ng, sleeping, yield to scheol. Eighteen hours out of every twenty-four are spent els.- where, in other my{ns. but, yet, ae is “in school.” 8 _The man says that he is “in on “in a store” or “in business. means that he 'mmac- ’ a firm this the most {mportant. part of his lifer He believes | 1® in his business. He hopes to get a liv- ing or a fortune out of it. He gives his time, his thoughts, his work to it. The soldier says he is “in the army.” He wears the uniform, obeys the orders, practices the drill of the’ army. Men are in business beeause fhew choose to be. They prefer it to idleness or poverty. They believe in it. They hove to. get something from it. TherePo-e they go into business, And afterwa-ds, because of their choice and their faith, they think and work for it. Their faitn His unitorm? )| Practicing Hs 4rili? The 1= il 13 Eedt 23 i i $ i# §48 gii I g § g 3 i Writers may ecomtinue to argue, hud they wil! never know whether or net the writer of the greatest of al 1800—John Gibson. secretary to Govern. or Willlam Henry Harrison. arriv- edatVincennes and proceeded to ;et up & government for Indiane 857—The first vessel salled from DLb- 1857—The v troit direct for Liverpool. 1864—Gen. Temes B. McPherson &fed of recelved in the fighting ‘woun( ta. Born at Sanduskv, 1 the 209th" nniversary of the gransting of its charter. = 1903—Gen. Cassius M. Clay, famous di- dier and diplomatist, died ag ‘Whitehall, Ky. Born in Madison | county, Ky, Oct. 18, 1810. f -rrl:d at for the u;»)- 2 i § i H 1 ; 'éiéi 1k Bt i gr | i | i i i if - ¥ b £ 4 i i i 3 ¥ ; $ 7 & i Bt i !5,§§ = ] g 2| | e i a : ; 5 i i i i il Eil it ! i i £ 5 ) i ks g; ? | I i is pud H ] g% it | | i ! 5 i 11 g i | i i E : l gsfii ! e g H H e » ;fi !;l £ i i

Other pages from this issue: