Newspapers / Carolina Watchman (Salisbury, N.C.) / April 3, 1936, edition 1 / Page 3
Part of Carolina Watchman (Salisbury, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
Doughton Outlines New Tax Program Talk Clarifies Plan For Levy Chairman of Ways and Means Committee Says ‘Surplus Profits Tax’ Is Misnomer Washington—In explanation of the monster tax bill that the ways and means committee of the House is now drafting in compliance with the President’s message, Chairman Robert L. Doughton detailed what the committee proposes to do. Doughton took the position that the decision of the Supreme Court in invalidating the AAA was large ly responsible for the necessity ot raising $5 00,000,000 for the gov ernment to carry on, and added that the payment of the bonus to World War veterans was another reason. One of the points Doughton stressed was that the proposed "surplus profits tax” was not such a tax in any sense, saying it was a plan to tax earnings before they went into surpluses. | Doughton’s speech clarified the somewhat beclouded atmosphere here as to the proposed taxes to be added, owing to the fact that the committee has changed its views at times in an effort to increase re venues on an equitable basis. "The President has suggested and has asked the Congress to consider certain types of taxes to meet these needs and the committee has been giving very careful study to the President’s suggestions and to oth er suggestions that are before it,” said Doughton. "The President’s suggestion as to temporary revenue included the proposal of a 'windfall tax,’ Most of us know the homely meaning that attaches to that word, It is a legacy from a distant relative who was all but forgotten or some prize that he hadn’t a thought o£ win- • ning; it is in most cases an un-l earned enrichment. | mit-Unrino f-Vl ^ nrAPPCCl .tO I taxes has brought such windfalls— such unearned enrichment into the hands of a few corporations and individuals. They are those per sons who, though they had passed: the tax burdens on to others, ob i tained the refund of impounded processing taxes. The total of the revenue 'the government lost is about $220,000,000. "You may ask why the govern-, ment should seek to recover these sums from these two classes of persons, since the tax has been de clared to be unconstitutional and invalid. For two very good rea sons. The first is that others paid I the tax and did not recover it andj therefore have been placed at aj How Cardui Helps Women To Build Up Cardui stimulates the appetite and Improves digestion, helping women to get more strength irom the food they eat. As nourishment is im proved, strength is built up, certain functional pains go away and wom en praise Cardui for helping them back to good health. . . . Mrs. C. E.1 Ratliff, of Hinton, W. Va., writes: j “After the birth of my last baby, I i did not seem to get my strength j back. I took Cardui again and was j soon sound and well. I have given it to my daughters and recommend j it to other ladies.” . . . Thousands j of women testify Cardui benefited them. If it does not benefit YOU,, consult a physician. disadvantage as compared to their competitors who did not pay it. The second and more important reason is that this $220,000,000 is a true-windfall to those who re ceived it or withheld it. Up to the time of the court’s decision processing taxes were in general covered by higher prices charged by the processors for products cov ered by the tax. The wholesaler paid the amount of the tax to the processor in the higher price of the product. The retailer paid it to the wholesaler. The consumer paid it to the retailer. If process ing taxes were to be refunded, they should go to, if possible, the ulti mate consumers who really paid the taxes. "Another form of tax has been proposed by the President as a permanent improvement on our tax structure which also would be designed to correct a serious in justice in our present tax struc ture.” Houghton then pointed out the "unfair advantage” enjoyed by the stockholders in the high income brackets who have their earnings held as corporate surpluses, while stockholders in other concerns are paid annual dividends commensu rate with earnings and in turn pay income tax on such earnings. He proposed: "First, to repeal the present cor poration income tax, the excess profit tax and the capital stock. "Second, to make dividends re ceived from corporations subject to the normal 4 per cent tax as well as the surtax; "Third, to impose a tax on that portion of the net earnings of a corporation which is not distribut ed to stockholders at such rates as will yield to the government ap proximately the same revenue as if it had been distributed—rates which would be equivalent to the personal income tax that the stock holders would pay on if it were distributed.” The Woman’s Angle (By Nancy Hart) Mrs. ‘Huey P. Long, the third woman member of the United States Senate, by her appointment to fill the unexpired term of her late husband, is now a news head liner in her own rights. The late Senator was a door-bell ringer sell ing a cottonseed oil shortening when he met Mrs. Long. She entered a baking contest sponsored by the shortening company and her "Bride’s Loaf Cake” won both the: ten dollar prize and the Senator.' This is the recipe which she credits with leading her late husband to her door and into matrimony. Mrs. Long’s Cake: One and three-quarters cups of sugar, two thirds of a cup of shortening, one cup milk, three cups flour, three teaspoons of baking powder, seven egg whites, two teaspoons of ex tract. Cream the shortening, add the sugar and cream together, add! the dry ingredients and the milk, alternately. Fold in the egg whites, then add the extract. Bake, forty-five minutes in a moderate oven. Old Clothes Heaven: Have youj ever wondered about the fate of the millions of old suits, dresses, stock ings, hats, and other articles of wearing apparel that are discarded by their owners each year? Of course, many of them are re-sold by the second hand clothes shops and for the cheap export trade to the natives in Africa. But countless garments are too worn and shabby; for further use in this way. They ' are little more than rags. But even rags are in demand. Linen and cotton garments are the most valuable, and are sold to the mills fpr re-making into cloth, or into fine papers. Artificial silk stockings are sorted, processed and re-woven into new. Felt from old hats can also be reclaimed and used again. Old suits are cleaned, dis infected and torn into shreds by machinery, Jthen re-woven. The coarse scraps of disintegrated cloth can be used in the manufacture of upholstery and bedding. a< a! a. Egg cookery information may be worth trying for those who want to be famed for their tender pancakes ind rich, flaky doughnuts or crull ers; Yolks of eggs may be substitut ed for whole eggs, especially where ligh temperatures are necessary in cooking. High cooking tempera ture tughens the egg white but not the yolk. In using yolks in this way, three yolks are substituted for each whole egg, and for each extra egg used, one teaspoon of fat is de ducted from the amount called for in the recipe. This is done be cause each egg yoik contains about one teaspoon of fat. ■»« *:i Can you prepare onions without crying? Try this way . . peel the onions in the sink, allowing a slow stream of cold water to run over them as you work. The water keeps the fumes of the onions from rising and affecting your eyes. < t -is <i Gray is the favored color this spring. Tailored suits, destined tc be popular this year, are predomin antly gray. To those of us who have thought gray a difficult color to wear there is a pleasant surprise in following the advice of the make-up specialists. Light, bright shades of rouge and lipstick, they recommend for the gray outfit. And powders with a rose rather than yellow undertone to give light and color to the skin. 4: 4* 4< Which reminds us that mono grammed cosmetics are the current vogue. Bottles and jars of skin lo tion, hand cream and eau de col ogne are simple in design and un adorned except for your very own monogram in raised silver letter on a background. So expensive looking . . . smacking of royalt; .... and yet as reasonably pricec as the ornate flowery labeled crea tions. * * * Here’s a tip for the flower gar dener eagerly awaiting the openinj of Spring activities: Plant darl I blue bachelor buttons together t( brighten up a spot in the garden. Benjamin Franklin invented bi focal lensed glasses so that hi might see his food, he explained and also the ladies across the ta ble. •^HEADLINES%■ I I YANKEE SPRING M TRAINING - Dl I Maggio shows Mo- Wx Carthy how he bats. |i| '-1-nsJ HONOLULU SENDS HISTORIC AIR EXPRESS SHIPMENT —Sec'y Ickes (right) receives from Samuel W. King, Congres sional Delegate from Hawaii, a large container of pineapple juice sent by Governor Poindexter. (The first air express ship ' ment from the Hawaiian Islands to the mainland left Honolulu y on China Clipper March 8. Immediately upon its arrival in San Francisco the package was forwarded by air mail to Delegate King, who received it at the Washington Airport on March 10.) In its fast trip of nearly 5,000 miles, this container of Hawaii’s famous juice made air transportation history. Orses! Orses! Or- t ses! Recruits of an English regi ment practice on these wild wood- 1 en stallions! Ii Mr. Lamb and Miss Catt discuss the more abundant life—the price of cat-nip—the woolen market and the weather. Dollar Found To Buy More A Comparison of Wages and Costs Discovers In crease In Buying Power Minneapolis — A wage-earner’s dollar goes further these days, but his wages are still behind the cost of living, according to a survey. The report of a two-year family buying-power survey recently com pleted here was based on payroll records of 13,000,000 urban work ers. The average family’s $120 monthly income in 193} increased only $2.52 by the last quarter of 1934, while expenses rose $9.28, leaving a monthly deficit of $6.76 to be taken out of savings if the same living scale were maintained the report revealed. A year later, however, the aver j age family’s income had risen an 'additional $9.24 a month to $131, ! 76, while expenses had increased on ly $4.80, to leave a deficit of i $2.32. . The drop in food prices since December, 1935, reduces the aver age householder’s food bill nearly' $1 a month, bringing "the aver | age family income still close to its 1933 ratio of buying power, the report said. The drop in tood costs during the first two months of 1936 m»ant a saving of approximately $1,000, ,000 daily to American consumers, the survey revealed. A month’s supply of food for the I average family of four, which cost $38.63 at peak December prices, | could be purchased in February for $37.66, it reported. Eggs, fats, oils, meats, cereals, and bakery pro ducts registered the greatest price J..___.._.._.._________..___.._ decrease. An equivalent food sup ply cost $30 at 1933 average prio levels. Living costs had increased a lit tie faster than income from 193; through 1935, the index revealed but the wide lag of income whicl existed at the end of 1934 has beer practically made up. Other figures from the survey revealed that living quarters whicl cost $24 monthly at average hous ing rates in 1933 had advancec to $27.46 by the final quarter ol 193 5 and indicated further in creases this year because of the nationwide housing “scarcity anc gradual recovery in real estat< values. Clothing for which the average family could budget $20 months in 1933 cost $22.04 in the final quar ter of 1935. The survey was made by the Northwestern National Life Insur ance company. Chariottean Con victed of Rum Law Violation Kelly Helms of Charlotte wa: found guiity in county court hers Monday on a charge of violation of the prohibition law and given 1 i months on the roads or a $900 fine. Probable cause was found against him on a charge of smoke screen and, on a count of reckless driving, he received three months on the roads or $250 and the costs. He appealed the cases to the superior court and the total bonds in the cases were $2,550. Helms is alleged to have been the driver of a rum car abandoned on the night of March 22 near Faith which was chased for several miles by officers behind a smoke screen and in which was found 174 gallons of whiskey. ______—,,.4 : Barium Given $6,000 In Will , Hickory—Real property with an i Estimate value cd approximately i $6,000 was bequeathed to the reg ents of the Presbyterian Orphans’ home at Barium Springs under the will of the late Mrs. Mary H. Bourbonnais, well-known woman, it was learned when the document was filed for probate. The bequest to the orphans home comprised the deceased’s residence property on South Fourteenth street and Eighth avenue. The will directs that the regents shall sell the property and use the proceeds for the institution. LOANS J Make use I Our confidential service | Negotiating loans for salaried people Easy re-payment plan You are invited to call and inves I tigate our proposition. C. E. Allen & Co. SECOND FLOOR, WASHINGTON BUILDING 120 North Main Street Phone No. 7 SALISBURY, N. C. BENT FENDERS Straightened and refinished to look like new BAUKNIGHT DUCO PAINTER 129 S. Church Phone 1416 _ E. Carr Choate DENTIST Office Over Purcell Drug Store No. 2 Phone_141 i Office in Mocksville is Closed I-- ! ■ I I PERMANENT WAVES $1.00 TO $8.00 i EUGENE WAVES CROQUI GNOLE $2.50 SPIRAL $3.50 CAROLINA BEAUTY SHOPPE Chestnut Hill Phone 9120 WORK GUARANTEED KENERLY-COLBETH CO. ' Men’s Wear 113 S. Main St. SALISBURY, N. C. i*---—----:-4 IF NOTHING RELIEVES YOUR RHEUMATISM French's Tablets MUST or Yeur Money Back Now you CANT FAIL to roliovo the poll) of your Sciatica, Neuritis, Lumbago or Muscular Rheumatism, the prescription for French's Nee traline Tablets is a great Scientist's secret dis covery—like nothing else you ever heard ofl No opiates, no narcotics, absolutely harmless. On a MONEY-BACK GUARANTEE, send only one dollar or money order (we pay postage) to W. H. FRENCH CO.,World Bldg., New YoiMf.Y. Reliable Heat WHEN you order our Coal you may be assured you have the most reliable fuel there is for ef ficient heating. We can make I immediate delivery . . . Phones 798 and 799. Salisbury ICE & FUEL OFFE8 Wo. t ML FIVE ftrograadya Formar. 1 t*4 FOB ONLY Good Storiea, 1 yaar Country Homa, !?•« _ a ^ «a Tha Farm Journal, 1 Y»<* B M mjfHJ AND THIS NEWSPAPER Jfc For Ono Taar owraifc.1 juroua 222 BootKamrAgricultuiUL 1 y*cr FOB OMIT .. Country Ham*. 1 y*ur , Th* Farojournod, 1 y»a» { 4 gfl , AKD THIS KEWSPAPEB ^ !■ ■ ■■ ■ For On* T»ar i ■■I ' r j I i ^jfef? THIS NEWSPAPER 1 for one full year And 4 Big Magazines j 1 Magazine from Group A; 3 Magazines from Group Bj £JmQ IgalisA"^ • isl iSSagsii.Hi 0&B-M I’XgZZSS* •,; g I 8 asttsu • - J O ^«*y'i2Z,'b,Jean* IjT Hi J8Saa5r;:|g H J □ Horn* a»th ‘ * ■ * J» El Jm 3 Hoo» frltnd ■ • > J Jf Q _8 O Hom«fto/<f Wto^Aa.* **• *»T El Jo ESS*?1* •:• ft H 3 n **• * fw fijjl B R foftWtWfllraw * * *» m B n ^°a^ltnl ^witn/twM * * ?** be I fisasas-: •’»: b |8SS-r;X:^: g H ■ GENTLEMEN: I Endoee f____ Flease Send Ms m * p Offer No. 1 O Offer No. 2 O OSer No. 3 □ Ofler No. 4 _ I lam checking the magazines desired wife a Teat's snbserip- B | don to too* pepeti | B Hama , n - - - - t ■ r hi e—— * B ■ ^ Street or ILF.Pi . i ■ • ■ .. ■ n ■ m » ■ mim ■■ ■« i ^ B Town and Stats - » ». - ^ .. .■ n r - ■ ■ ■ |
Carolina Watchman (Salisbury, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
April 3, 1936, edition 1
3
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75