PAGE FOUR
THX ASSOC IATJBD PRESS
,4J?*rT?h?* U o t republlcatlon of special
iiapktcfras herein are also reserved.
' i^KOHN
iSU&tfsni OS, Chicago
IMI Cydler Bulldlfog, Atlanta
ajskered as second class mail 'matter
SUBSCRIPTION RATKfI
In the Cltp of Concord by Carrier:
On# Tear : !«.0o
BttSLn===z
One Month .*9
Outside of the Slate, the Subscription
” El the Same as In the CUf
Out of the city and by mall In North
Carolina the following prices will pre
**#
wSeeMonthn 135
Les» Than Thre<k Months, 50 Cents a
AH Bubserlptlons Be Paid In
Advance
* RAH.ROAD SfcHUDUI.E
* In Effect June 28, 1924.
North bound.
Not 19* To -Washington K:00 A. M.
No. 3« To Washington 10:15 A. M.
No, 40 le Danville *;« £ «•
wo. 19 To Richmond "■** rj-
No, 33 To" Washington 8:38 P. M.
No. 38 To Washington 9:30 P. M.
No. *0 To -40 a. m.
No, 45 TO Charlotte 4:l*
No. *5 To Atlanta 10 »« P **•
n£ 29 To Alanta 3:45 A. M.
No. 31 To Augusta <-®l A. M.
Wo! R* To Vew Orleana. *’! * M
No. 11 To Charlotte S '°| ?}'
Mow 195 TO Atlanta 91t
f_A_BIBLE THOUGHTi
TODAY—I
All is Well: Let not your heart be
troubled: V* befit-w? in Got!, believe also
.:n me. . In my Father's house are manv
mansions: If it' Were- not so. I Mould
have told you. I go. to prepare a place
fobiyeu. —John’ )S.S2. .
Prayer: Lord increase our faith aud
then we will cost all o»r care on thee,
for thou ceres? fotj 'us.
TEACHING, LAW OBfIpIENCE AT
HOME. f
Judge .Tames L. Webb was the prinei- i
pal speaker at the dedication of the new
Catawba County court house and the 1
eminent jurist took advantage of the oc- .
easion to give some' fine advice on the ,
importance of instiling respect for law , ,
in the home. i
Judge Webb declared he was sure i
there would be fewer criminal eases in J
the courts if parent s did their duty, and j
he deplored the lack of regard for the ,
law that is so evident now. In one part |
of his address he said: <
So many young men aud boys have j
drifted from home influence in the last :
feu* years and I am afraid, in the opinion i
of tlvs court, there are many fathers i
who are depending upon the courts to, re- •
strain their boys and girls. May I suggest
a greater forum for dealing with many
of the youths of the Country than the
courthouse, aud that is the home. All
Well-governed honips should have c-ules
and regulations relating to the conduct of
the children, and these rules and regula
tions should be profoundly impressed up
on them, and they should be taught in the
home the importance of respecting the
laws and the dire consequences that may
follow all tlieir violations. TJie'good :n
- fluenee of fathers and mothers is far more
potential in preventing the young people ’
from becoming criminals than are the
judgments of courts in restoring them af
ter they become criminals.
The News and Observer agrees tvith
the opinions of Judge Webb herein .de
scribed, the Raleigh newspaper declaring
"there .is too much tendency now to de
pend upon the school and the to
do what should be done in the home. Re
spect for authority and sensible disci
pline in the home is essential if these vir
tures are to flower into maturity.”
TBE PRESIDENT’S SAD PLIGHT.
The country is watching n-ith unusual
interest to see what President Coolidge
will do with the b : ll calling for an in
crease in the salary of members of Con
gress. the Vice President and cabinet
members. Some persons who think they
kuoM' whereof they speak declare the
President will not veto the bill.
And if he does not what a yell there
wiß be from those persons who are back
ing him to the limit in'his economy pro
gram! And what a shout there will be
from those persons who think members
of Congress are overpaid at the present
salary.
Tiie i/H was slipped through the Sen
ate by a "lame duck - ’ Senator who waa
willing to try anything since his time was
about out. In both houses there was some
effort to defeat the proposal but always
the question came up when just a few
members were present OAe Washington
correspondent writing to a New York
newspaper declared there were not
enough Senators in the chamber to dis
cuss the bill once it had been passed
although the corridors and balls adjoin
ing the Senate chamber were filled with
Senators who had conveniently stepped
out.
And does the proposal carry a provis
ion for rarsing the additional revenue
that will be, needed J to pay the increased
Hilaries?/.,;When ithV postal bill was vr
tped he took suclf
SSxHi
President Coolidge has severed as Vice
PrtsMMt and format reawn it it said
it ‘ •"* .’ «|oL°*' S ’
ggv." *
>th* a»euß y
, living on the present salary., The Vietd- 1
; dent wag fold, time and time*againtaboiit
' the difficulty the poefal employes have
living on the present wages but he did !
nothing about it until some means Was
found by which the- money for the high
er wages could' be raised. Will he do |
the same thing in this instance or will
be favor the bill because many of those
who will be benefitted are close friends?
North Carolina- stands ait excellent
ebanee of landing one of the national
parks to be established by the Federal
government. President Coolidge has sign
ed the resolution providing for survey of (
lands i:n the Blue Ridge Mountains of
Virginia, the Smoky Mountains of North |
Carolina and Tennessee, and the Mam-1
moth Cave region .of Kentucky as possi-j
ble sites for national parks. Natural I
beauty abounds in all of the regions un-1
der survey but North CaMina offers I
sites unexcelled anywhere in the United !
States.' It is possible that the park in |
this region may be located so as to in-1
elude Western North Carolina and east
ern Tennessee as the same mountain
ranges extend into both States. The park
is to be a national one and that may in
fluence the commission In adopting a reg
ion that will embrace part of two States.
YOl’R INCOME TAX
No. 26
The tax on dividends is an important
item in the returns of many taxpayers.
A dividend, as definited by the regula
tions ' under the revenue act of 1024.
comprises any distribution in tile ordi
nary course of business even though
extfaordinary in amount, made by a
corporation to its shareholders out of its
earnings or profits accumulated since
February 28, 1913. While dividends
are generally paid in cash, they may be
paid in securities or other property.
For example. a corporation may distrib
ute among its stockholders securities in 1
which it has invested its earnings. Such
securities! no matter what their nature,
are to be reported as dividends by the 1
stockholders of the fair market value of
the date of the receipt. 5
A taxable distribution made by a cor
poration iH income to the stockholders
as of the date when the cash or property
was unqualifiedly made subject to their
demands, regardless of when the earn
ings or profits out of which they were
paid were accumulated. Cash dividends,
in the hands of the individual, while
exempt from all normal tax, are subject
to the surtax rates for the year in which
received. A stockholder pays no nor
mal tax on dividends for the reason that
the corporation which declares them is
subject to the normal tax on the earn
ings out of which they are paid..} The
tax on corporations is 12 1-2 per cent,
of the net income subject to tax.
The Supreme Court has held that the
Issuance of its own stock by a corpora
tion as a dividend to its shareholders does
not constitute taxable income. The reve
nue act of 1924 specifically provides that
a stock dividend shall not be subject to
the tax. but if before or after the dis
tribution of any such dividend the oorpor- ,
ation proceeds to cancel or redeem its
stock at such time and in such maimer as
to make the distribution and cancellation
or redemption essentially equivalent to
the- distribution of a taxable dividend, the
amount so distributed in redemption or ,
cancellation of the stock shall be treated
as a taxable dividend.
Stops
Head Colds
In One Minute
Apply Ely’s Cream Balm in the nos
trils and breathe it. Almost instantly
the air passages clear. The germs are
combated, inflammation is soothed.
That stuffedrtip feeling ends.
That’s the way to treat head colds.
The cause is germs in the membranes.
Fight them where they jtart. The cold
can’t develop if yot* do that promptly.
It is relieved almost instantly.
Any druggists can supply you Elly’s
Cream Balm. Let it end all misery of
cold and catarrh. Don’t wait
Vya fl
f
Put Your Pastry to
the test .
Ask your family or
your guest
They wifi say ours is
the best.
MILK MADE
BREAD
BAKERY
THE CONCORB DAILY TRIBUNE
- ■ 1 —.rr-v 111 i.
*2O 000 NEW LAWS IN
STATE LEGISLATERES
From 4,500 to 7.000 KJR Be Enacted—
( Many Freak Bills Are Introduced.
t New York. Feb. 23.—About' 20,000
now laws will be proposed in the varjpus
state Legislatures this year, where of 4,-
1 000 to 7,500 will finally be enacted, the
national industrial council estimated in
a statement issued today.
A fair volume of anti-business pro
posals are to be found, although this
class of law making is considerably lees
than usual, the statement said.
The number of proposals by legisla
tors to appropriate state money for pet
projects, and the proposals in 18 legisla
tures to increase taxation on gasoline,
I coal Or other mineral or national re
sources. \ylll, if adapted, cause higher re-
I tail prices and state taxes, the state
' ment declared.
1 It listed some of the “frealt bills”
i pending in legislatures as folloivs :
To make it unlawful for a corpora
' tion to make any noise interfering with
I radio broadcasting from 6 p gi. until.
1 midnight; requiring state examination I
land license of beauty doctors; prohibit- [
ing the use of paint spraying machines I
sa union painters can use more time and
get more pay by hand painting: making
it unlaM'fn! for any employer or worfegr
to offer or accept employment under any
individual contract, not to join a labor
union; requiring corporation employers
to file proof with state banking depart
ments of ability to meet pay rolls, re
quiring motor vehicles to come to full
stop before entering upon paved state
road;; providing sgini-monthly pay day
for all labor; limiting feight trains to
half a mile in length.
Bill Town Signed As Duke Bseball
Coach.
Durham. Feb. 20.—William T. “Bill”
Towe Mill coach baseball at Duke uni
versity during the coming season, it M-as
officially announced here this afternoon.
The new coach hap already announced
his acceptance, and lifpr called a prac
tice for the Blue Devil, squad to be
held temorroM' on Hanes .field. Coach
Tou'e was four years a star.' on the
Trinity baseball team, playing in 1919.
1920, 1921 and 1922. He graduated from
Trinity in 1921 and from the law school
in 1923. Ho M-as an outstanding star on
the 1923 state and southern champion
ship beam, and has been rated by lead
ing Tar Heel sports writers as one of
thq fastest and most dependable first
basemen.jn college circles. He played a
large part in aiding the Blue Devils to
win every regular scheduled college
game of 1923 season.
USE GLYCA-PYNA
The Creosote Throat and Bron
chial Preparation
For throat, cronp, whooping
cough, catarrhal bronchitis, bron
♦ J:
chial, asthma and especially
coughs of long standing and deep
seated colds, there is notiiing bet
ter.
If you are debilitated and in a
rundown condition, are suscepti
ble to colds or have weak lungs,
use GLYCA-PYNA as a touic. ■
Put Up in Three Sizes, sl.lO, 60c,
and , 35c a Bottle
SOLD BY
Cabarrus Drug Co.
EVERETT TRITE BY CONDO
-Yes ■But— it PoesM'T Msaxei Any '
' fl 't>\viiispß.csNOe- I'M HAT WA* SAID
. - T-. 1
1 TUiC- vv-ii > I S4CH OP YHeSe S
T Z ORCSsqMrZATCONS tGOOCO
! Haven't os®M A«lb to <a*T fN A \
word epgswvsk i p:-r_
~....... 00
Mr. Hybrow—Bo you want my daugh
ter, eli? Got ahy money?
YOung victim—Some, sir; what is she
being quoted at now?
She—Ob,*George! I've just won *
SSOO prize for the best article on the
cruelty of trapping wild animals.
He —Good! What are you going to.do
with it? ■ *’• >
She —Oh, now I can afford a new fur
coat 1
Wife (to expostulating husband) —
What's that you’re telling me? I'm not
economical? Why. this is the twelfth j
hat I’ve used this hatpin with!
Magietrate-v-So, madam, you broke an
umbrella over your husband’s head?
Defendant—lt mas purely an accident,
sir.
Magistrate—Hom- in the world could
tit have been an aeeident?
Defendant—Why. your honor, I hadn't
tile slightest intention of breaking the
umbrella.
When Hog Meets Hog.
The road hog Went his merry May
' And he M-as going M'eet;
To push ’em over and erogtd 'em off
He knew he was the best.
Another road hog hove in sight
And he did journey east;
To push 'em over and eroM'd ’em off
And he cared not in the least.
They met — tM’o piles of junk lay by;
He haw! M'e laughed—and then.
Out crawled the durned degenerates
To hog the road again.
He—" Dearest. Mill you marry me?”
She—" John, I can’t marry you, but
.1 shall -always respect you r good
taste.;’
“Hqm- are You getting along at school,
Jimmie?”
' Fine, M-e’re learning words. of four
cylinders now!”
Depends cn Whose Ox Is Gored.
Charity and Children.
Hunting for sources of revenue, the
Legislature turns its longing eyes to
ward the cigarette. Lay on McDuff.
We who do not indulge in the frivolous
past time of inhaling poison through the
little papers, do not care if the price
goes to a dollar a puff!
"She 9th of March next Mill he the.
one hundredth anniversary of the death
of the Pennsylvania State Educational
Association in the 75 years of its exlst
'ence.
Let Your hi
| Next Battery 1
Be An |
EXIDE I
Use Only the 1
Best 1
N ssa -
f Salisbury, Feb. 21.—The directors of i
(the Rowan cotton mills ;his decid
!Sed to more than double the capacity of
the mitt, which is located near the
southern limits of 'Salisbury. The num
ber of spindles in the mill is to be in- >
creased from 7,000'f0 17,000 and to take {
care of these an addition, is to be built <
larger than' the present ’ mill building. 1
Twenty new houses are to be built in ]
the mill village. 'This mill manufactures
fine yarns and has had orders for more
than it could supply- it began
operation two and a half -years ago-
Work has begun on the erection of a |
plant for the Wallace Wilson Hosiery
company, which has been operating in a
section of the Vance mill plant. The j
new building will face 260 feet on east
Steel street at the intersection of steel i
and the Southern railway and wnen '
running at full capacity will employ 000 ,
women. - _______ -
Your boy |
See to it that he gets die
body-building and strength
ening elements that
Scott’s Emulsion
supplies in great abundance.
It is the famous white food
tonic that builds strength
for all ages. ;
Scott & Bowne, Bloomfield. IT. J. i
BUTTER
Fresh Creamery jj
Butter at all Times. i|
Made from Cream ij
produced in Cabar-j
rus county:
l Pound Prints
1-4 Pound Prints
Wholesale and Retail $
CABARRUS
CREAMERY CO. |
• . .3
Phone 292 " 95 S. tinion St j
MAY WE TAKE YOJJR OR- \
DER?
for a complete up-to-date sani- 1
tary bathroom equipment in your
home? Our wash basins, bath
tubs, foottubs, toilets, etc., are il
he latest design and are very easy l!
to keep clean and white-looking. j
E. B. GRADY
Phone 334 W
Show Rom 34 E. Corbin St
|
I SCffVICC I I
II see* nmuy things that the II jj
H layman overlooks. Our tt
' II guide and guard you iu all I jj
W Electrical Satisfaction Here U
■ W. J. HETHGOX I
-f' ■ VIM.U.I —. * ■
Eiioctricai r ixturcs ■
W. Depot at. Pkone Ws J
n , —«... ... ■ 6
“|tirt9oaooonniTii^rtmi^«rrnoioT o:rrTrritttirf
A BEAUTIFUL DISPLAY OF LIV- |
ING ROOM FURNITURE |
- Davenports, Chairs and Rockers.
The Suite illustrated is a fine example, I
of the values we are offering in high
grade living room furniture.
I The Upholstery is the }>est that'
skillful upholsterers can Adduce.-
We have them priced at $98.50, 1
$125.00, $150.00, $185.00 and up.
SOLID, CAK LOAD JUST IN -j \
BELL-HARRIS FURNITURE CO. i
4 ]
The Store That Satisfies
P. S —We Own Our Own Building—-
No Rents to Pay
jj OLIVER IMPLEMENTS JUST IN
11 Oliver Plows and Points
|! Oliver Double Walking Cultivators j
jj Oliver Riding Cultivators
ij Oliver Drag Harrows
j: Oliver Disc Harrows
AND THE PRICE IS RIGHT |
And You Know There Is None Better j i
Yorke & Wadsworth Co. i i
The Old Reliable Hardware Store §
Phone 30 Phone 30
CAR LOAD OF fHE FAMOUS GURNEY 0
REFRIGERATORS 8
Just Arrived. It Will Pay You to Look This Refrigerator B
Over Before You Buy. 5
Every detail necessary to provide the highest class ser- 5 .
, vice in refrigerators is embodied m the GURNEY. Ai» 8
& , circulation, drainage, proper and adequate insulation and j
Jhe finest finish inside and outside are given.
r Come in and make your Selection today while our Stock ! !
is complete. , ? • ] |
K OUT OF THE HIGH RENT DISTRICT I
Cmwt Kanan polls MobwevUle |
Tyfisdsy r JPct>ry&fy 24 1925