Hertford County Herald
"**wyv*
PUBLISHED WEEKLY
BY
Viuoa ft Parker
J. ROY PABKER Editor
J AS. S. VINSON Manager
SUBSCRIPTION PRICE:
One Year *1.60
a* Mdtatha ?. 75
Tkm Months 40
ADVERTISING RATES:
Very reaaonable and made known an
requeet
En ed as aecond-claaa matter Feb
ruary 25th, 1910, at the poat office at
AfcffMV N- C., under the Act of
March 3rd, 1878.
WAIT AND SEE.
In publishing this issue of the
Herald, there are 110 excuses to
make as to volume and appear
ance. In fact, this office has
been too busy endeavoring to
provide some means by which
this paper will continue publica
tion, that it is indeed fortunate
to edit and publish this week.
Our sole purpose in getting out
this issue is to validate the legal
advertisements that were insert
ed last week and previous to last
week.
Ere another issue of this pa
per has gone to press (if there
is to be another) the Editor will
be in the service of the United
St&tes. The Herald has gone to
no Uttle trouble in trying to con
tinue publication, and the solu
tion is not yet at hand. But it
is our hope to continue publicar
tion, if by any means it can be
done without a financial loss to
the owners. And, it is certain,
that this cannot be done, unless
this paper continues to enjoy its
present patronage. For the pres
ent at least, we shall give it a
try-out. If we cannot succeed,
the publication will be discon
tinued until Manager and Editor
return from war time activity.
However, we do promise to the
people of Hertford County a
newsy, well edited * and credit
able newspaper, containing each
week eight pages, home print.
An added feature will be the
very latest war news right up
to the time of going to press.
Every service that we now have
will be maintained, in addition
to the above feature. The office
will be open to receive patrons
and friends, and every depart
ment of the business will be open
and ready for business, as usual.
We could not close without
adding a word of genuine appre
ciation for the encouraging let
ters that have been written to
us, since making last week's en
nouncement, and for the whole
hearted generosity of our sub
scribers. Their attitude towards
the present situation in which
the County paper is placed will
be ever remembered and appre
ciated by the publishers.
Yet, we must add that the
Herald cannot subsist, nor can it
be published, without a financial
loss, unless our people give to it
their patronage, good will, and
support. This, we believe, will
be forthcoming from a people
'who have hitherto stood loyallv
by us in building up what "they
say" is a creditable weekly news
paper.
SOMEWHERE IN FRANCE.
A patriotic play, "Somewhere
in France," to be given at Como
High School, Como, N. C? Wed
nesday evening at 9 o'clock (gov
ernment time), April 10. Admis
sion 25 and 15 cents. Refresh
ments will be served.
K". '? ? friim.,1 ,i , n '
To Core t Cold la One On,
T?k? LAXATIVH BftOMO QuIoU. . It m>Mlk?
Coa(h and Hradi Jht and works o9 tbaCold.
Dracalata rrfond monrr If M (alia to cum.
*. w. oioni aisutun oa Mck bax. 30c
C\ * ' 1 '?O 111
| a* WHMi?ssn?s
wimdKWMr
i I .T^ocxMHiKn HtjTnjMt
- t0 )*1
'HUE 'RICH MAIfS WAR*
k HATEFULCAUIMNY"
American Business Men Ready to
Make Sacrifices With
out Stint
TAXES HERE AND ABROAD.
American Taxation tM Moat DemJ
oratlo In th? World.
I
1 ay OTTO H. KAHN.
Nothing la plainer than that boai
Maa and bualneaa man bad every thin*
to gain by preserving the eoodltlooe
which existed daring the two and a
half rears prior to April, lfllT, under
which many of then mad* *ary late*
profit* by furnlahlng supplies, provl
ataaa and aid to toe
nation a. Taxaa war* light, and tola
country waa rapidly beoamtog to*
great *conotale rawrrtr of tha world.
No thing la platoar than that nay
MM bmla? man to this country moat
kan fbudun that, If Amarlea catered
the war, thaaa profits wmM m l?
MMHy radaead tad aw* af toam
eut ott entirety, because Mr govern
ment would stop to and take charge;
that It would cot pricaa right and left,
aa. to tact It has dooa; tha. enormous
hardens of taxation would bare to b*
Imposed, the balk of which would nat
urally be borne by tha well-to-do; to
abort, that the unprecedented golden
flow Into the coffers af buslneaa waa
bound to stop with our Joining to* war,
ar, at any rata, to be mach diminished.
Bat It Is said the big financiers of
Maw York were afraid that toe money
loaned by them to tha allied natlona
might bo lost If theee natlona ware de
feated, and therefore they manaurarad
to gat America Into tha war to order to
aave their lnveetmento
Proof That the Charge I* Absurd.
A moment's reflection will Ao* Ik*
utter absurdity of that charge. Let as
assume, for argument's sake, that the
allies had been defeated. Let as make
the wildly Improbable sssnaipttoa that
they had defaulted tor the ttwa being
upon these foreign debts, the gisaior
part of which, by the way, la swawi
by 1m deposits of collateral la the
shape of American railroad bond* and
stocks and of bonds of uentrml ooun
trlea, aggregating more than SBffldeat
In ralae to cover then debts. Lot as
assume that the entire amount ot al
lied bonds placed in America bad been
held by rich men In Now York and the
east Instead of being distributed, aa It
la, throughoat the country.
Is It not perfectly manifest that a1
single year's American war taxation and
reduction of profits would take out of
the pockets of such assumed holders a j
rastly greater sum than any possible
loss they could have suffered by a de
fault on their allied bonds, not to
mention the heavy taxation which la
bound to follow the war for years to
come and the shrinkage of tortaaea
through the decline of all American
securities In ccmSeqoeoce of our aa
trance Into the war?
Not only la the "rich man's war" an .
absurd rn/th; the charge la A hateful
calumny.
tt.ialnaaa mAti ??!!< AT ftvnall. AM M i
different from other Americana, and
we reject the thought that any Ameri
can, rich or poor, would be capable at
the tiideoua and dastardly plot to
Ijrtng upon hla country the sorrow!
and sufferings of war In order to en
rich hlmsnlf Business man are bound
to be exceedingly heary financial loeert
through America'* entrance Into the,
war. Erery element of aelf-lntereet
should bare cauaed them to DM their
utmoat efforts to preserve America'!
neutrality, tram which they draw so!
much profit during the two and a hall
yeara before April, 1817. Every con
sideration of personal advantage com
manded man of affair* to etaad with
and support the agitation of the "peer*
at-any-price" party. They (pursed
such Ignoble reaaonlnf; they rejected
that afflllation; they stood for wai
whan It was no longer poaalble, with
safety and honor, to maintain giaea
because thay are patriotic cIMaaaa
first and basiness mea afterward* ,
OUT Iwswus Tax and Taxes Atoaag.
(L) The largest lxoaKS an taxed
tor more heavily hare than anywhere
' alas In the world.
Tbs mailman rats of Income taxa
tion hers Is 91 par cant In Englaad
It Is par cant Oars Is therefore
00 per cant higher than England's, and
the rata in Fa gland la the highest pra
valllng anywhere la luurope. And la
addition U> the federal tax we mast
bear In tatod our state aad municipal
| tax pa. ?
| (2.) Moderate aad small lncomea, on
! J the othar band, ara subject to a far
1 smeller rate at taxation here thaa In
! England.
'A* rich ui aan apand aoly a nte
tWaly Hull ran a* Bom* unproduc
tlvely or selfishly. TIN money that It it
In hi* power eCtusHy to Wfcsta ti ?*?
ceedlngty limited. The balk of what
U baa ant be (pent and naad for
paeductlvo parpoaaa. Juat aa awU be
tbx eaaa If U were apent by the gov
an maot. with thia difference, however,
that generally (peeking, tha Individual
la mora pelnataking and dlacrlmlnatlng
In tha nae of hla funds and at tha aama
ttma bolder, mora imaginative, enter
prlalng and constructive than tha gov
ernment with Its niraaaarlly bina?
era tic and ^oottna regime poaalbly
could be. Honey la tha handa of tha
Individual la continuously and fever
ishly on tha aaarch for opportaalUea
L aw for creative and productive aaa.
In tha handa of tha government tt la
apt to loae a good doal of lta fructify
ing energy and eaaaalaaa striving aa<
to lint?<1 *ittr iod iom>
molmnt ftpoti
There aaad oat ba and that* ahoald
not ba any coadlct, batwaaa profits
aad patriotism. I aa attaaly appoaad
to thoaa who waaid atlllaa their eoa?
try"a war aa a aaaaaa to aaitch thaaa
aabw tha "war prod tear," aa MM
tana la gaaarally understood, la a pub
lic nuisance and aa tgnoaatay. bw
Hffntf profits moft not to toltritid,
bat aa tha other haad, there abaold ba
a reasonably liberal disposition toward
Our credit atructure la baaad apoa
valuaa, and valuaa are largely datar
mlnad by aaralnga Shrinkage a<
valuaa aacaaaarlly affects oar capacity
to provide the gororamaat with tha
alnawa of war;
The Conscription ef Mm.
Bevertlng dow to the subject of the
conscription of Ban, I know I apeak
the aentlment of an Choee b?jood tba
years of young manhood when I say
that there Is not oae of oa worthy of
tho Dame of a nan who would not1
willingly go to ? fight If tho country
needed or wanted oa to fight Bat tho
coaatry doea not want ar call lta at
tire manhood to fight. It doea not
evea Call anywhere near lta so tire
young manhood. It has called a* la
ten da to call in tha Immediate future
perhaps K par cant of lta Ma be
tween twenty and thirty years of ag*t
Which meana probably aboat 4 (tar
cent ef Its total male population of all
ages. Bat it Mi called from inr-msa.
business profits and other Impact* fall
ing principally on the well to do. ap
proximately ninety per seat of our
war taxation, m( to mentloa tho cott
trlhutlons to the Bod Oroea, the T. M.
C. A. and other war reUaf activities.
Let me add In pasting that the ehlt
dren of the well to do have boon taken
for the war In proportionately greater
?umbore ttun the children of the poor,
boeauss these yean* mea who are
needed at hems to support dependents
or to tuts In esaentlal war lndustrlea
are exeiqptad from the draft
Oar Laws Paw teas af toe Itear.
. The draft exemption regulatleno die*
erlmlnate not aa la former wars, hi
fever of the rich man's eon, bat la
favor of tho poor wemaa'e eea.
1 realise bat too wen that the burden
ef the abnormally hi* coat of living,
caused largely by the war, weighs heav
ily Indeed apon wage earners and still
mora upon men and women with med
erate salaries. I yield to ao one la my
desire to see everything doae that la
practicable to havb that bardeh light
ened. Bat excessive taxation on capi
tal will not accompllah that; on tho
contrary. It will tend to Intensify tha
trouble.
Taxation moat be aorcnd ana wise
and scientific aad cannot be laid la a
haphazard way or oo Impulse or ac
cording to Conaid?raUons of politics,
otherwise the whole coaatry win suffer
History hA aho#n oyer and OTar again
that the laws of economics cannot be
defied with Impunity and that the ro
aoltlng penalty falle upon all sections
and classs*.
The question of the individual la not
the one that counts. The question la
not what sacrifice* capital should sod
would ha willing to bear U called npoa,
bnt what taxes It to M MM *|MM a*
vantage to tlfl|Mfe
1 do aot say all this to plead fo* a
redaction of the taxatlea oo wealth a*
In order to urge that no additional
taxes ho Impooed oo wealth If need b?.
There to no limit' to the burden whleh
la time of stress aad attain thooe
must bo wllllag to hear who ean afford
? except only that limit which to to*
poeod by the consideration thai taxa
tion moat not reach a (?lnt where the
balnea* activity of the country be
cornea crippled and Its economic cqul
llbrlun Is thrown out of gear, because
that aroald harm every el em enof the
common wealth and dlmlntob the war
making capacity of the nation.
1
la America tacomaa of married M
ap to MnOOO in ami aobjoct to u?
Metal Income tax at all
Ml ?Oflinit the (team* tu lai
?* per aaM. aa 11.000
?* ? - - kHI
1% ? ' - 10M
(Aw at* Ike rataa If the taeomo la
dorlred from aalarlea or wagaa; tkejr
ara still higher If the In coma la derlrad
from recta or Inraatmaata.)
The En (1 tab acala of fata flow on In
?omM of, My, (3,000, 10,000, $10,000
and $1S,000 laapaettvaly arerafM aa
foUowa aa compared to tka America*
ratM for marrlad man:
kM?lu la la
rmteea fcHiiil >ia arlM
M.000 14 par Mat. Hell>.a
?.000 Uperoent. 1* **.
MOM fto par oeat. *U ?. e.
14.000 it per oaat. I p. a.
Of wa add tka ao eaDad "oecap?.
tionar tax mm total tandon ao tm
aomoa of ?UMM0 la 0% par east and on
lncotDM of $1S,000 9% per ooot.)
la mora doMaeiatlo than that of any
other oowatry I* that tka largoat l?
eaMee are taxed amah mvo heavily
aad Iwmiwm ap ta MM far Mania*
mob net taaad M aM.
(S.) It la traa. on Aa ether haad,
income las la aoMwkatloww thaa tka
ocr tax U lower tkaa tka Bagl!# tax
TIM Imw Preflts" Tax Mere m* |
tax our ao called "ocni pratt tax,*
which la manly a* additional taKSoaae
tax on eamlnga derived from tinsliiaaa
wa aball And that tha total tax ta which
rich man ere subject to In tha paat
majority of cataa heavier bara thaa la
England or anywhara ataa.
(4.) It to Ukmrlaa tna that tha tow
Ilah war axeaaa profit tax to M par cant
(laaa vaitooa iftatt aad allowances),
whilst our ao caned axeaaa profit tax
rangee from 10 par aaM. to 80 par
?aat
Bat U la entirely impleading ta baaa
a conclusion as to the relative heavt
aeaa of tha American and Brltiak tax
atnlr am a comparison of tha rataa.
a wholly different haato from Mm Amar
lean tax.
Tha American aneeee profit law (aa
oallad) taxaa all proMa dartvad fraaa
modarata panaatan regardUaa at
whether er oat a>4 profits ara tha
raattlt of war ceBdttooa. Tha Amart
can tax to a general tax am Is coma da
rt vod from business la addltloo to
tha regular Incoma tax. Tha Ma
lta* tax eppllee only ta exeeee war
proflta?that Is, ooly ta the son by
which profits la tbo war yaara axcoad
tha proflta In tha throe years preced
ing tha war, which In England were
years of great prosperity. la other
words, the English tax la nominally
higher thaa onra, but It applies only to
war proflta. The normal profits of bosl
ness?L e? the profits which business
aaed to lake la peace time are ex
empted In England. There, only the
exoeea ever paaea profits la taxed. Our
tax, an the contrary, appHoa M all
profile over and above a very moderate
rate am the money invested In bnsl
We Tax Normal Profits, They Tax Only
War Proflta.
Ill abort, onr lawmaker* hare de
creed that normal bualaeaa profits are
taxed here much mora heavily than In
England, while direct war proflta are
?*i?>d leaa heavily.
Ton will agree with me In question
ing both the logic and the Justice of
that method. It would eeem that It
would be both fairer and wiser and
taore In accord with public aentlment
If the tax on bnalneaa In general were
decreaaed and, on the other hand, an .
lncreaaed tax wen Imposed on specific 1
war proflta. <
(5.) Our federal Inheritance tax la
far higher than It la In England or any
where eiae. The maximum rate here
oa direct descendanta la 27 H per cent
u agalnat 20 per cent. In England. In
addition to that, we have state Inher
itance taxes which do not exist in Eng
land.
(?.) Of har total actual war expeo
(ttturaa (exclusive of loana to her al
Ilea and Interest on war loans) Eng
land has raised leaa than IS per cent
by taxation (rrance and Germany far
leaa), while America la about to ralaa
by taxation approximately 28 per cent
of her total war requirements (exclu
sive of loana to the allied nations and
of the amount to be Invested In mer
cantile sblps, which, being a produc
tive Investment, cannot properly be
clamed among war expendltarea).
We men of business are ready and
willing to be taxed In this emergency
to the very limit of our ability and to
make contributions to war relief worfe
and other good causes without stint
11>e fact Is that generally speaking,
capital engaged In business Is now
being taxed In America more heavily
titan anywhere else In the world. W?
are not complaining about thla; we do
not say that It may not become n?aes
siry to Impose still farther taxes; we
are not whimpering and squealing and
agitating, but?we do want the peopl<
to know what are the present facta,
and we art them not to give heed to
the letr.agogue who would make tjient
believe that we are escaping rtnr ?h?r?
of the common burden.
!? - - _ . _ 1
i Something Afew For ?
Spring And Summer
We have just received a complete line of I
Men'?, Boys and Women's Shoes, Hats,
Shirts Collars. Ties, and other late Hab- '
erdasherjr.
I Every Article Has Our "QUALITY SERVICE" Be
I hind it, tad is There With the Style. I
? ? t t 1 .If i > 4? '?
'? "ft' " '? ????" '-ii-im
r ?
Our Lintof Bora' Clothing for the J
Sfrlngud 9umn?f in Complete.
? ' ?'.< ?? ?? ??*??!! ' . , II
Carter Bros. & Co. 11
"The Quality Shop" I
1 AHOSKIE, - N. C. n
I' " ? I" " W=il
j WYNN BROS. I
M urfreesboro 's Greatest Store 1
\ Mupfrcesboro, ? - N. C- |
I ^ |
? Now is the Time to do Your |
[ Easter Shopping. <L
? ~ < >
v Every department i< replete with choice selections < >
? A glance at our magnificient line of * >
J Dresses, including Beautiful Taffetas,
0 Satins. Crepe De Chines, with clever < >
^ Tunic and Ruffled Skirts, some beautiful- < *
t ly Beaded and Embroidered, others in < ,
^ smart tailored effects < >
0 o
1 PRICES RANGING FROM $10.00 TO $35.00. J |
t Nifty Line of Eaater Coat Suits and Coats. < |
< ?
r Waist in Beaded Georgette. Crapes, -4 <?
~~Satins and Crepe D* Chines.
\ Wynn Bros, i!
? < ?
? . , **
t> My Spring Stock of Millinery is now < ?
? ? ? di
> ready for your inspection. No special < >,
I opening. Yours to serve, < ?
? MISS A. T. WIGGINS ;;
M L RFREESBORO, N- C. <J
in i iiii.I n
Start tkeDayRlqkt
with a Cup or Two
ofLuzianne
T TAM-AND-EQGS and a cop
ll of steaming, stimulating
Luriame. What battsr start could
anybody have fix- the day's work I
The sanitaty, air-tight tin locks
the flamr in/ Boy a can of
Luzianne today.
If you don't agrse it's (ha bset
hot beverage that evar passed yoor
lips, your groosr will give you back
.what you paid far it, and ask no
questions. So, (tow
JQmANNEcoffee
"When ft Poors, 7* Reigfia"
1 ????????????????????? V
IS .... .? .. Ma > ? ~ 55