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OXFORD PUBLIC LEDGER TUESDAY. DECEMBER 14. 1920
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MORE EQUITABLE DIS
TRIBUTION OP NATION'S
TAX BURDEI) UKftfr)
Comprehensive Schei e Of Tax Kevi
sion Submitted By Houston In His
Annual Report, Which Says Amer
ican People Must Pay Four Billion
Dollars lnto Treasury Annually For
Four Years.
(Washington Dispatch)
More equitabel and just distribu
tion of the four billion dollar tax
ed and
class he
GOOD TASTE
LINKED WITH
QUALITY
We make clothes for
men who are particu
lar to dress in good
taste and we long ago
established a high
standard of quality
! which we have alwavs
- - -
rigidly maintained.
burden which the American people
must bear for at least four more
cars was recommended to Congress !
by Secretary Houston, who in his
annual report submitted to a com
prehensive scheme of tax revision.
Mr. Houston suggests a number
of sources of revenue which could be
tapped and others which could be
revised to make up for the loss of
the revenue occasioned by the
changes in the taxes which 4ie rec
ommended. These sources were outlined as
follows:
A tax of 20 per cent on corpora
tion profits, distributing or undis
tributed, in addition to application
of a higher surtax rate to yield
$690,000,000.
An additional tax of six per cent
on corporation incomes to yield $45,
000,00. Readjustment of surtax rates on
ricomes to yield an additional $230,
'00,000. Abolishment of the $2,000 exemp
lon allowed corporations on income
i' yield $58,000-
An increase" from the present four
or cent to six per cent in the tax
m incomes of $5,000 or less and
"spent." On the former
would limit the highest la::
to 20 per cent while the income
spent would be subjected to a tax
ranging as high as 50 per cent.
Under the plan proposed by the sec
retary, incomes between $5,000 and
$6,000 would be taxed two per cent
on the part saved and the same on
the port spent. The same ratio with
a graduated increase would apply to
incomes up to $30,000 where the
maximum of 20 per cent cn saved
income is reached. From $30,000 to
$40,000, the rates would be 20 per
cent cn saved and-25 per cent on
spent; $50,000 to $50,000, 20 per
cent and 30 per cent; $50,000 to
$75,000, 20 per cent and 35 per cent;
$75,000 to $100,000, per cent' and
4 per cent, and over $100,000, 20
per cent and 40 per cent, and over
i $100,000, 20 per cent and 50 per
cent of a total of 70 per cent
aim.
er) -
lion f the
ut in striR
.lUi.ieteness organiza
Canadians. Vneat, just
A Canter Into Ci
(Charlotte Ob:;c
rrhc uiorganicc.' c;
American farmer stands c
nig cjiiiraiL Willi tjie c
and effectiveness cf the
tions in force among the
Of course in Canada" it is
as it would be cotton if in
ern States- Through' w Canada the
grain elevator is the repot accessory
just as the cotton platform has id en
tity with the depots in the cotton
belt- Calgary in the center of the
most interesting agricultural country
through which the line rJL the Cana.-
dian raeihe Railroad Company runs
and Calgary is headquarters of a
farmers' organization known as the
United Grain Growers Limited.
The name can be seen on the hun
dreds of elevators that conrtitute tne
lane v
shar;
zatk ;
tors
.nrlis of
;-uders i:
thai
section, me
rraers' organi-
uthorize'd the direc
increase of the cap
ital im $12,000,000 to 15,000,-000-
This organization of fartiers
own 218 elevators located along the
railroads, in addition to one large
terminal elevator. It controls 213
the South- -flour warehouses; a lumber mill and
large timber holdings, and 108 coal
sljeds. In addition to the 218 elevators-owned
.by the Manitoba Gov
ernment."' The cattle industry is' also
v eil organized, and a hustling city
known as Moose Jaw in the center of
that, -business- Passengers on the
Canadian Pacific are privileged to getj
there as a very busy one, the farmers
of that section of Canada sent 996
carloads of cattle through Moose Jaw,
included in the shipment being a lot
of 4,000 sheep. Getting back to the
United Grain Growers, and what or
ganization is doing fjr the farmers,
the last annual statement by the sec
retary and treasurer showed that its
combined profits for the year a-'
mounted to the comfortable sum of
$699,770.14, this on a basis of a
"turnover" of $113,000,000, and this
representing, a little more than one-
half ef one per cent on the turnover.
out here f
around" in
Moose Jr.
United St:;
in" a sea-
Acording to law the husband is
the ead of tne nouse. Now, please
don't misunderstand us we said ac-
r an hour or so and "look!
a typical border town, for j cording to law, and did not say any
is the gateway into- the 1 ether way. And a lot of us don't
tss. In three weeks dur-r o-' it, at that Highland (Wis.)
in ' that was
not regarded . Press-
CLOTHES MADE
TO MEASURE
have the definite pur
pose of retaining
their shape the care"
ful needle work and
pure wool fabric gives
our clothes real value
to the nth degree.
Won't you call?
Cleaning, Pressing
Altering.
Oxford, N. C.
'rom eight to 12 per cent in the
:ax on incomes between $5,000 and
10,000, the whole estimated to
ield $150,940,000 annually.
A tax of two cents a srallon on
Gasoline for motor cars and all
ther purposes, to yield $90,000,000-
A federal license tax of 50 cents
per horsepower on the use of motor
cars to kield $100,000,000-
An additional sales tax on auto
mobiles (other than trucks" and
wagons )...and motorcycles and motor
car accessories to yield $100,000,000.
A 10 per cent additional tax on
theatrical admissions to vield $70,
000.000. v
An additional tax of $2 per thous
and on cigarettes to yield $70,000,
000. An additional tax of 25 cents per
thousand on cigars to vield $5,000,-000-
An additional tax of 6 cents per
pound to tobacco and snuff to vield
$8,000,000-
An additional tax of five per cent
on candy to yeild $20,000,000.
An additional tax of seven per cent
ch chewing gum to yield $2,000,000.
An additional tax of seven per
cent on toilet soap and toiiet-soap
powders to yield $.4,000,000-
A 10 per cent tax on the sale by
manufacturers, producers or im
porters or pertumes, cosmetics ana
medicinal articles in lieu of the
present tax on the consumer to yield
$10,000,000-
An additional five per cent tax on
jewelry and precious metals to yield
$25,000,-000.
An additional tax of five per cent
on musical instruments to yield $13,
000,000. An additional tax of five per cent
on motion picture films to yield $4,-000,000-
In the readjustment of surtaxes.
Mr. Houston proposes the division
Keeping Yoirag At Heart.
A great many of the people who are
"vi tiw,in;-, UUU1U uenciii
selves if they could only see the
need of keeping young at heart after
the body has begun to show a decline
Take an interest in -your boy's
school sports, attend an occasional
ball game -with him to have a good
time along with his hard work at his
books. Help your daughter plan for
her party or attend one at a neigh
bor's home. Never forget that you
were young once and do not try to put
old mariners and thoughts into the
lives of your young children. They
will have plenty of time to be old
when old age finally comes. There
snouia oe notiung in your home that
brings you such happiness and con
tent as the ambitions, hopes and plea
sures of your 'children- The best
thing that can be said about vou is
that you are a good father and your
children find in 'you a companion
equal to the ones they associate with
in school.
The worst thing that can happen
to a man is to grow old at heart and
not find pleasure in the enjoyments
of his children- You'd better act
foolish and "childish" once in awhile
rather than get old before your time-
Indiana Farmers' Guide.
A Motorist's Adversities.
Last week I bought a tcurin'-ca:
an' the agent says to me, that I
could learn to run the thing as easv
as could be; he said that all I hp
to do, was, first to fill my tank T?ith
pure extract of gasoline, an' then
to twirl my crank; an' jump right
in, an' grab the wheel, an' give the
thing a, twist, an' push a dew-dad
with my foot, another with mv
fist an' when I got to goin' I was
not to lose my senses but keep m.
eyes straight ahead, an' stay ' be
tween the fences.
The first time that I tried her cut
as I remember now, I started from
my barn lot, an' killed a Duroc'
sow; an' when old Dobbin smelt th
gas, he throwed an awful fit, ar
jumped a stake-an'-rider fence, an'
died right, whar he" lit. I run a
gain' the gatepost,, an' skidded to
the pastur,' an' when I went to slov
her oown, the blamed thing went
tne taster. I cut some awful cur
licues, an' double figer 8's I never
was so rattled sence I tried on roll
er skates. At last I jumped to save
my neck an' landed on my back
an' saw a million shootin' stars
then everything turned black
Ef anv fellpr w'nnts n "fo'
I v vvcti (Xil
. wants to buy it right my telenhone.
An i - -
6 it gets
! -
mKSUf " iLi cinch
' ' . Mi to figure why
JML Camels sell I m
IS
cle
-it
John
m
into "saved" or reinvest-Standard
me
the
day er night- Un
Excelsior Springs
r fu.lPi.-i are
rlj,t .vr-T jf!l
J!
i I
v-- i.illliilMilllM.IMUilli'a''"BE'ilMI1 1 - 1,1 " 1 11 " 11 -l ' "
f , ,,. ... -rmtM.iA':! Ill l.-HtlWW-tf.JJl.Wllll XJti-SI-Jg Jf Util
BLEND
C 1 CARETT E
You should knov why Camels
are so unusual, so refreshing, so
satisfying, First, qualitysec on cf,
Camels expert blend of choice Turkish
and choice Domestic tobaccos which
you'll certainly prefer to either kind
smoked straight 1
Camels blend makes possible that
wonderful mellow mildness yet all the
desirable body is there ! And, Camels
never tire your taste!
You'll appreciate Camels freedom
from any unpleasant cigaretty after
taste or unpleasant cigaretty odor I
For your own satisfaction compare
Camels puff by puff with any ciga-
Jo LLC III LUG WUm tut. uiij- .
Camels are sold everywhere in scientifically sealed packages of 20 cig&
retTes f or ten packages ( 200 cigarettes) in a 8.paper.eoverf
carton. We strongly recommend f IBs carton for the home or office
supply or when yoa travel.
R, J, REYNOLDS TOBACCO CO- Winston-Salem, N. a
at
n
I
n
i 'a
i
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II
tobacco price:
FOR " " DAYS WE WILL OFFER THE MERCHANDISE MENTIONED BELOW AT 1-2 THE REGULAR PRICE, FOR CASH:
Hi ii
g
1
it
Suits and Coats
I
$37.50
fa
iadies
Were
S75.00
I $60.00 WM I
$50.00
moo
.... JpI.OU
; ; ; ; $12.50
d Satin Dresses
$32 JO
y Mi
m
ere
S15.00
I
a
$25.
65.00 .
fo
i KiJ 9. .
I S35oG0
I $27.50
tj ' ii Miii'wiii"fn"
aWB.li-.viii.Tim --rrir- -
k6
9
10.00
$8.00 .
$7.00 .
85.00
S17.50
$13
75
r '1 -
t;0.U"4
S2.50
$1.50
Mens', Womens' and
Childrens' Sweaters
Now
$7.50
$6.25
S5.00
..$4.00
$3.50
$2.50
$2.00
$1.75
$1.25
75c
Mens' Suits and Overcoats,
Michael Stern and Styieplus
Were
$65.00
Now
4
$50.00
mmmmutm
$40.
$35.00
$30.00
$30.00 I
$25.00 I
$22.50 -1
1 p
20.00 I
. , $17.50 I
$15.00 j
Boys' Suits and Overcoats
Now
$10.00
. 1 $9.00
$7.50
$ 6.25
$5.00
ere
$20.00
$18.00
$15.00
$12.50
$10.00
Ml Millinery
(
rice;
ONE LOT 01
OVERCO ATS TO CLOSE OUT AT $10.00 THE REMAINDER OF OUR ENT
DISCOUNT!
STOCK WILL GO AT 20 PERCENT