PAGE TWO Congress Fac A c Tciv P?> 1HO JL C*A 1 1 WASHINGTON. D C.?-As if Con gress did not have enough to worn about already. President Roosevelt has given the boys on Capitol Hil something real to think about in his prop .>sa! that they ought to draw uj and enact some new tax biUs befor< they go home. Specifically. lie proposes that, in addition to the preseni estate taxes. Congress should put j tax upon inheritances as well Th* estate tax is taken out before anything does to the heirs. It is the Pres ident's idea, in the case o" large estates. to further redistribute, wealth by taxing the heirs on whatever thev get. And, for good measure, he suggested that It would be desirable tc stick on some higher taxes on the incomes of big corporations. The Federal Corporation Tax now is 13l2 per cent: the President's idea is that this might run up to 16 J2 per cent on corporate earnings above some unspecified but large annual figure. Many people: are professing to jbe surprised at what they regard as a swing toward the left on the part of Mr. Roosevelt. Anybody who has studied his political past and read his speeches during the Presidential campaign, including his inaugural address, has no real ground for surprise; for ?he idea that wealth is concentrated in a few hands and that the great pools of wealth ought to be broken up for the benefit of everybody, is one that he has frequently and emphatically expressed. Capitol Hill Questions Up on Capitol Hill the Senators and members of Congress are asking three questions. Can we or should we try to pass it at this session? What would be the practical effect upon the national income if we did enact such Jaws? And. third, but paramount in the minds of the members of both Houses, what will be the political effect? a few extremists in Congress is to sinn, which will begin in January, 1936. The boys want to go home. The children are out of school now, and their wives want to get back to their home towns: besides, the Washington weatlici is getting hotter and bolter. They still have an awful lot of business to clean tip before adjournment. To work out anything that will rncot the President's idea of taxes seemingly will lead to endless debate and' uiaeuScuor. and :nayb?g Uiem here until Fall. So, for that and other reasons, it does not seem likely that they will do much on tax plans except to talk about them. The aitSwir to the second question, as to what the practical effect of the' new taxes will be, is generally that they will not go very far in making up the budget deficit. At all times the great bulk of taxation is carried by the muUiie class, and this middle ciass, the practical economists in Congress and Administration oiruiea say, would ntill continue to carry that load. Very wealthy men who have accumulated large fortunes can afford to hire very expert lawyers to show them how to distribute their wealth where they Want it to go; it is pointed out. Good Political Move The paramount question in the minds 01 everybody in Washingtc-n is, really, as to the political effect of the Presidents' proposal. That, in the view of the smartest political observers, should be very good for Mr. Roosevelt and his chances for re-election. In effect, it cuts a good deal of the ground out from under the feet of Huey Long, the La Follette Progresrives. and other radical elements whose slogan is "soak the rich." ..These-radical Democrats and Progressives seized upon the new proposal, and their threats to "show up the President as insincere unless he demanded immediate action, are believed to have influenced him in his insistence upon SAVE MONEY! BEAUTIFUL DIAMONDS WEDDING RINGS WATCHES AND JEWELRY at the lowest prices ever offered for new and up-todate merchandise. WALKER S JEWELRY STORE Near Theatre Boone, N. C. LIVESTOCK SALE SHOUNS, TENN. EVERY WEDNESDAY Throughout The Season As usual, we will havg buyers for all classes of stock, and guarantee the full market price to the seller. Remember ... a sale every Wednesday. IShouns Livestock Co. Shouns, Tennessee ?es Muddle oblems Arise :: FAVORS LOTTERY ! 5 Representative Kenncy Presents Bill in Congress. WASHINGTON.?Wo will soon all lie discussing national lotteries, pro and con. if Congressman Edward A. Kenfiey ?D.) of New Jcr| sey t above), has his way. Despite shelving of his lottery bill at the last session. Kenney has presented a new bill with three choices of lottery plans, "anyone of which will bring the government $1,000,000,000 a year in revenues of ' painless taxation," he says. tacking the new taxes to the bill ex; tending the "nuisance taxes." As a bit of political strategy, it j docs not make much difference whe the. laws to carry out the President's ! plan are adopted at this session or ?>. vt ? . xjffnpjj; i (jgBcrvauve ' : ong more clear from day1 jto jiay that the cleavage between the t.\yo : < :, in 19S6 ivill be sharply ! defined, with the Republican Party j distinctly on the Conservative side. the action of the "Grass ! Hoots" convention in Springfield, II| ii'.ois, the recent meeting o: the | "Young Republicans" of New York iwenl on record for a. distinctively Conservative platform. the meantime, Congress lias passed the biggest tax hill ever ennciocTTfi the X Jmi.cd States, tire Social Security Act, which taxes the payroll 1 of every employer and the pay envcj lope of every wage earner, to provide \d fund for unemployment insurance, iand for old age pensions. Instead of | the Townsend Plan of $200 a month ! for everybody over 65. the GovernIment has embarked upon an old age pension plan for persons over Ob who have no resources of their own, beginning at $30 a month, half to be paid by the Government and half by the respective states. States can con! tribute more if they want to. Under pressure of the Labor Lobby the Wagner Labor Disputes Bill slips through in spite of the fact that near .My everyone in Washington believes it is unconstitutional. There is a suggestion that here again is good political strategy, as it may line up organized labor behind a movement to amend the Constitution, a movement (3^eoi V ? that's just th saying what Che been saying for ye Chesterfields d( thing a cigarette c Chesterfields ha plenty of it. But And Chesterfiel but they're not in< Chesterfields " I 1 * ? 1955, Lkgett & Mrai Tobacco Co WATAUGA DEMOCRAT?EVER^ I which looms up stronger from week j to week as a probable issue in the j ?1936 campaign. | The outlook for the Public Utilities j Holding Companies Bill now is that 1 while it will be generally drastic it will not contain the "death sentence" j which President Roosevelt has asked for. This is one of the few instances in which the lower House has taken | a definite and apparently firm stand against the President's desires. Like j wise, material moauicaiions are ex| pccted to be made in the Ad m inis traI lion's Banking Bill before it is finally enacted, although its genera! purpose ami effect will riot be materially impaired. DEEP GAP NEWS Mr. and Mrs. \V. T. Luther and! children. Margaret and Jack, of New J York arc visiting relatives here and in Ashe County. Mr. J. F. Welch went to the hospital at Banner Elk Friday to have a tumor removed from his back. He returned home the same day and is do- j ing nicely. Mr. and Mrs. R. G. Call, son Rex j and Mr. Call's mother, visited in the j community Sunday. Mrs. Call expects to spend a few weeks ir. the county. Mr. C. E. Welch and family of near Valle Crticis, and Mr. Lloyd Welch and family of Matney visited relatives j crtekeL Jemjetfu adi'Ul wfie/i yc appryy Chevrolet Trucks sell at 1 world's laecst prices. Their f cylinder valve-in-licad engii use less gas and oil. And ught to do. \ 3Z ve TASTE?ves g. \ not too strong. B ds are MILD? M v ;ipid or flat. f go to town* ^ ^ ^ ^ U ?? - r THURSDAY?BOONE, N. C. here Sunday. Miss Lillian Miller spent Saturday night with Miss Tona LookabiU. Mr. and Mrs. G. O. Triplet t visitet Mr. Tripletfs aunt. Miss E??en Tr;p lett, of Mount Zion last Thursday Miss Tripleli has been quite ill to tlie past week. Mrs. J. H. Taylor is spending a tev days with tier parents. Mr. and Mrs G. A. Greene, of Stony Fork. Mrs. C. M. Miller visited her sistez Mrs. C. H. Jones, of Ready Branch Thursday. Arlene Nichols, little daughter o Mr. and Mrs. L M Nichols. returnc< home Saturday after spending a fev weeks in the Baptist Hospital at Win ston-Salem. Her condition is not mud improved. J B. Mo rets. Wilmer Mcretz, Mor ris Miller and John Miller expectei to leave Monday, July Sth, on a camp ing trip with Mr. Robert Shipley am other agricultural students of Boom High School to Washington, D. C. and other points. Mr. Shipley is tea cher of the class. Professor Wesley C. Atkins ant Miss Flora Atkins of Trenton, N. J. who are making a tour in the South spent the past week-end with Misses Sallie and Lelia Ray. Mr. and Mrs J. W. Davis of St. Petersburg. Fla. are also stopping at the Ray home. jjjsa. w-t EVROLETG /. -f-., ..." TO KXLLryi r - .;. -- . \ _-_ . v v . f? I . . ^ !'\u?tra!u s C.-j-.i'al C,iM;i'-rr;i (!>pn:iH!:i(r'i cannl>ra> \i!str:i]i:!"s -.vu:!:i' is :i wotfi! of 1 | uiiiik! ??r native oVK'iii f-ut n$$jsirs .?? 1> - t, - :i u of it$ uii'u;; it:: it is ? a:n ass iated with > 1 . ? b was sniveled i ::s t ho >:*o f'-r !< ? rrmkiU city.?1'ath ? Ma-: " "notice oi- silk vndek EXECUTION l* X or tlx Cavo "i:ia, Watauga County, in the Sup? or Court: 1' W. Moretz - vs. T. H Gragg. Thomas \V. Phil-. \ iips pj:'.5 Mrs n in PlljiiipS. By virtu? of an execution directed loT tho undersigned sheriff from the Su1 potior Court of Watauga County in the above entitled action. I will, on " Monday, the 5th day of August, 1935. ' at 'twelve o'Clock Noon, at the court " house dcor of said county In Boone. 1 >!. C.. sell to the highest bidder for ? cash tc satisfy said execution and costs, all the right, title and interest " I which the said T. R. Gragg and Thomas* W. Phillips has or had in the following described real estate, to1 wit: Being Lot No. 23 in Block No. 3 of . the Perkins Addition to the Town of 5 Boone. X. C. and more particularly described as follows: Beginning at a . point on the southeast side of the ;Boone Trail Highway at the point! i r ,rld's LLVc^'j vcS flf r" DEALER ADVERTISEMENT Sg^S?S&-?$%< wmsmmjt' """i ?' -r:::sv igg^:, hf\\ i 3* OMPANY, Bo ' ' : . I .' - ' . / ^ ' ' ' JULY XI, 1935 where the divisional line between lots 22 anjd 23 intersect with said side of said highway; thence & southeast course with said Jiiie of lot No. 22 a distance of .100 feet more or less to a point where a branch crosses said divisional line; thence up said branch and with the meanders of the same to a cnesinui, corner to J. C. Kay's land; thence with said branch on to said highway; thence with said side cf said highway to the beginning, also all pipe lines and connections and water system connected with above lot. This he 3rd day of July. 1935. A. V. HGiVELL; 7-ll-lc Sheriff of Watauga County. SI.50 PACKAGE, now SI.00 $1.00 PACKAGE, now - 60c BOONE DRUG CO. The KEXAJLA, Storo I i r i yew Bp Jtef one, N. C. - - .