Wi.
.oiCN-SALEM. N. U. JAN. 5. 1922
CUfGHLSAYTHE
fimib
Future of Business and Finance
In United States Encourag-t I
in To tne liaruters v j
THE WORST NOW BEHIND
Roadjaacmrat to the Now Order Of
Things 8mns Conipletfd ana '
Hk All Set For BmmpUo:,
Of "Bljc Basin' on KcaJe ,' ;
- Ratccwtlng Fat; Kcuords. J
v Trt rWwi: 11 Bnitnen r
prospects for Hit art i to eensra.1
hopeful, accorolng to statement by
proponent banker toads ' public to-,
day by the American, Banker A"-
' soclatton. 1 '
"The future of business and finance
In the United States is encouraging."
said Thomas B. MeAdama president
. of the association. ' He'mphaxed
the importance of this country in
teresting itself In the problems of
Rurnn in nrdef that American pros-
h nerttv may be maintained. , He sal
thai slthn some leadtns politicians
and newspapers opposed extending
aid to Europe' at this time, "future
prosperity depended on .the, way
financial America, answers the call.
-Th worst is behind and 12Z
should see us well on our way to
nrnxneritv hr the middle of the
..r dl1 John C Lonsclalw
tires lilent of th National Bank of
Commerce of BU Louis. "All of the
ihinn nnvuim o betterment seem
to have been set In motion so that
'.Hit should see the beginning of
nnr moat solden orosnertty." Pros
perity among our farmers, manufaei
' turer and merchants is directly f
- fected by the unsettled condition of
Hnmnnm aitd ttolitics in Enron, ac
cording to i. A. House, pre dent of
th (runt romoanv division and
Guardian -Saving and ; Trust Com
. unv of .Cleveland.-- : : V,'"'-
-Thi. must ha remembered." he
added. "It h apparent, al- itbat
: arrikea for hlsher wares are certain
ly in keeping wiii the present order
of things.. Labor must bear Its fair
share In future deflation.", ;;.'
Mr. House emphasised the need
of rehabilitation of the railroads and
Hid that conarress Should eass equit
able' tax laws to encourage the flow
of ' capital thru channels : wnicn
would mean investment, "'. " '' I
John Puslicher.' vice president of
the American Bankers' Association,
said the trend was toward easier
' money rates and there was nothing
to indicate that this would hot con
tinue. .. Ait-'-iiir.v;- ,-"
"The strongest factor In the pres
ent situation is the growlnr strength
of the banks." he declared, "It is
our- belief." declared R. 8. Hecht,
president of the state bank' divllson
of the American Bankers' Association
"that . we will not ajrain have real
prosperity in this count y until some
kind of economic 1 restoration - has
. been accomplished In Europe and a
table basin -for international trade
Unemployment Is,
Fast Decreasing In
-Jtht Auto Business
h-
': Cteveland, Dec. Si, rnwnplojr,
meat in the automobile industry
in Cleveland is bring . materially
relieved, according to local mau-arartnrr-r.
. -
, OOidala of the Chandler Motor
Car Company, one of the) large
manafactnrers, slate that its fac
tory rnnUlmrnt haa -been In
creased more than 100 percent
In the last two weeks and that by
February 1 today nenrra will
be dan bled. Order now booked,
company officials say, assare pro
dnctioa tor the n qaartrr of
121 la --KCrH ol the similar
period thl jttt. , t r
ear. Bo it is shown
make unparalleled
among the churches of the
More Than 60,000 Mailed Out
By State Department Of
Revenue ;?-' ' - ' ,X
WDUAt NCOfiE .
Records Substantiate " State
ment That Business Depress
sion Had little Effect Here
worked out.'
IB'nWHIOI
, SCHOOL IS FINISHED
Supt. Speas' Announces"' The
Duilding Will Be Occupied
Monday, January 9
- Prof. W. B. Bpeas, county superin
tendent of education, ' today , an
nounced that the newWauKhtowu
. school Is - about i completed and
i will be ready - tor occupancy on
. v i'OJj MAX ABKRNETHT-l :'. , : ,
Raleigh, Dec; U. The' state de
partment of revenue has afcout com
pleted its work of mailing out more
than, sixty thousand tnqiviauar; in
come tax return mantes wnicn are
to be returned to the Raleigh office
between January 1- and Marcn to,
isaa.'with check or money order
covering taxes due or the calendar
VMr
. instructions are inciuaea as a pari,
ol the blank form which calls ior
ah affidavit regarding the amount of
tncomasthat has been earnea aunng
the last twelve months, deductions
on dividend not taxable by the state
and income from business ouuaae
of North Carolina included In the
federal return. The Income tax is
based upon the following calcuia
itnnt- ....;. ( . 1
"One or ceni on the first. $t,500
or fraction' thereof, of et taxable
income; one and bne-half per cent
on second 11.500. 'or fraction there
of, of net taxable Income; two per
cent, on third a,Su or fraction
thereof, of net taxable Incomes two
and one-half per , cent; on : fourth
2.600, or fraction thereof, of net
taxable income, and three per cent
on all above H0.000.'' - The follow
ing instructions are given as a guiae
to filling put the tax returns: - 'c s
Every resident or 1 non-resident
having a net income "during the In
come year taxable In this state of
11,009 and over. If single, er, ti mar
ried and not living with huaband or
wife, or every resident or non-resident
having net Income for the in
come year of $i,00 or over. If mar
ried and living with husband or wife,
shall make a return. '
"If a husband and wife living to
gether having an aggregate net in
come of f 1,000 or over, each shall
make such a return, unless the in
come of each Is Included in a single
joint return. If a separate return
la mada by each (husband and wife)
the .exemption rvhall be 11,000 (or
each.
.. . "The status on the last day of the
income year - shall determine the
right to exemptions provided ill this
section: .'Provided,, that a taxpayer
shall be en.ltled to such exemptions
for husband or wife or dependent
who has diet) during the Income
year.-' ... v ... ;
"All returns should be made be
tween January 1 and March li, 1922.
Each return together with the check
covering tax should be mailed to
the commlasionet of revenue. Rat-i-lshi
or handed ta the deputy com-
misMioner of th state department of
revenue:
300" HOMES WERE BtJILT
Advances Hare Been Stado 'Along
All lime of Ctvio Progress, Oom
merrtaily, - RptigiouMly, Socially, .
, " iMluc-ouoottiiy and Indusoriai--
; ly; Public Works Kxpanded yYi
Winston-Salem has closed another
year of progress and with confidence
is facing the Kew: Year.. The com-
mercial,reUriou. social, educational
and Industrial activities ,have been
continuously bearing the. dty on
ward, and there are scores of projects-
affecting .the - further-"developments
of every phase at th . city's
Ufa .well under, -way now for con
summation during the year 1(23.
"W hile the . building aggregate, ' so
far as value la concerned,, has not
bean. up to several record years of
the paat, ' those years fnarklng the
wonderful development of Winston -Salem's
induanrlal plan -with build
ings costing halt million dollars ana
more, some of them covering a
solid block, there has been a contin
uous building activity la the con
struction of home,, both in the city
and in the suburbs. "While it la esti
mated that there have been v con
structed within the city limit "300
residences valued at about a mil
lion, and score of business houses-
ranging in coot from 12,500 to twen-ty-aw
thousand dollars. It Is esti
mated that probably mora than this
amount In homes has been expended
in the suburbs, within a radius oi
Salem ' College.. Bulldlua." : '.' X
Extensive building operation have
been launched at tsatera College this
year, made possible by the liberal
endowment -, fund, provided some
months aKO. A lu rv itnrmitnrv
building la now under construction.
and during next year it Is expected
that other additions will be made to
the school facilities.! The dormi
tory now being built will be ready
for occupancy , for the fall . term
Hz.- - ." ' '-;,.;..
" 5 Y. M. C A. Activity
.The aotlvitr of the- T.'. it. VeJ a.
ha never assumed the proportions
that. It program during the , past
year has witnessed. . It has reached
out to the utmost ends of. the city,
touching every phase of community
me. -in new year will start with
a "Forward Movement" for thla In
stitution, during which the sum of
50,000 will be raised, and that wltn-
en the next ten days; for, th purpose
Of broadening Its service to the com
munity during- the Incoming year,
f s Trartlo and TraneportaUoci '
Improvement In tratflo and trans
portation '.' : facilities is " contem
plated for' the new year,: including
the construction of the much-talked-
of and greatly-deatred new union
passenger station, it 1 also pro
posed that extension ot the street
railway "win be another accomplish
ment of the new year, is ew streets)
will be opened, upon recommenda
tion of the City Planning Commis
sion, including a 'boulevard skirting
the city on the west from north to
south, and another on the eastern
aide of the city from north to south,
- The School System v'W .;
Work baa already started on the
academic building for the city high
school, to be completed for the open
ing of the Sail term of 1922, and
contract are to be let thla month for
the ., construction ot the Reynolda
memorial buildings and the Sterling
Smith memorial annex to the City
Memorial hospital, to be completed
at the same time. .' r-V.
Work. 1 also nrosTessinir nicely oh
the two' dormitory buildings tor the
Slater formal and Industrial schoot
for colored student in the eastern
lea than a mile of the city limit.
in building 1021 has been a great I section of the city, these to be corn
year in that it ha witnessed ths con-1 piBted also by the opening of the
version of hundred of centers. Into
home owners, hundreds .. : oV homes
havine been constructed, thus reliev
ing the much complained of scarcity
of living quarters ior tne people. ' .
..iw," i , Htrrrt Work '.')!;:
; The" past year has witnessed a won
derful ' development In street pave
ment, new thorofare penetrating
many new sections of the" city, and
important , connection . have been
made, thus not only serving the con
venience and comfort of the .people
residing oa streets improved but the
work has already proven at great
economic value to the business men
of the city, merchants, jobber,, coal
dealer, and every other phase of the
city's business Interests. It ha not
only been a good year in extension
of street naivement. but the depart.
ment or public works or tne city
broke all previous records in the exe
cution of contract this year. .."With i
late start -the department, was able
to overcome many . handicap and
execute a normal year' work-, In
about one-halt the time which is
generally allotted for this work. '
r Hard Surfaced County Roads
The rear has witnessed the launch
ing of "the- hard-surfaced, highway
connecting Winston-Salem and High
point, and the letting of tne con.
tract for the construction ' ot i the
Northwest Highway from this city
to tne county line toward wiikesnoro
and Sparta and Boone, over the lllue
Ridge and Into the Lost Provinces.
Another contract ha been recently
let tor the construction of a hard-
surfaced highway toward MocksviUs,
Davie county to the county --' 4ine,
these' two highways connecting the
Forsyth county seat with Yadkin
and Davie. Htokes county, on the
north, is to be
recognise-a handicap or to face a
dimcalt problem wlih the confidence
that a solution can be found. ' The
year has been marked by a mini
mum of business complications, the
aggregate in. finance involved in' the
few . failure which - have ,. been
credited to the year im In thla
city being a very insignificant sum
compared with the million ot dol
lars Invested , In Us Indus! lai and
mercantile enterprises. The busi
ness record of Winston-Salem 1 on
of .which the entire cltlxenshlp may
well be proud. While business has
not assumed a pre-war proportion,
still it ha been very satisfactory,
and from report much better than
In soma other portion ot the stats
and many, sections of the South.
' It , 1 said by those who know
most Intlma.ely the business Interests
of Winston-Salem that there will be
very tew changes In business In Wln-ton-Salem
this new . year, and In
1122 considerable expansion ot the
business district may be expected.'
Mlilii";
HOLD SOCIAL SESSION
Members of Baptist Church, In
' Informal Meet ins;; Two
i'." -: '. : ; Aged Sisters
El kin, "Dec. II: Wednesday eve
ning front f :80 to 10:28 .the Bap-
tiat congregation held an informal
entertainment in the church, the ob
ject of which waa to get better a,
qualnted with " each . other and ex.
change greeting . ot the :, season.
About S tO persons, were present,
representing , all ages and . classes,
tmrm th orra v.hnlrttd fathers -. and
mother down to the IlUle trft in-
their mothers' arms. Short addresses
were made, by the pastor and differ
ent members of ths church and a
number of readings and recitations
wi
m
;ev concerns
CHARTERED LAST
Charters Are Issued For Varii
Uoes With Aggregate Auj
thorized Capital f 4,930,00t
Fifty pew business concerns w
chartered during the past year to
business in .Winston-Salem, reprl
senUng total authorized .'capital
$4,120,000.; A number of these co
cern began business early -in t
year and are now doing a thrlvii
busbies. In addition to the new
chartered companies, a large nun
ber of the eetabllshed nrms increase.
their capital in order to expand i
business. I ."
The fact that Winston-Salem' h.
many: attractive advantages, to offe
baauiesB concerns desiring location
Ur proven bir the record stated in th
foregoing paragraph.-. fia city With
out-spme unusual advantages woul
draw ilfty new establishment with
in on year.'' ..'M.r-'. "...
Beginning wlth thei llrst. of ith
year, the newly chartered concern
are listed a follows, together wit;
th authorized1 eanital of each: .-. I
i Tha-V Felta '. Company, $125,000
Nlchola and' Company. fSO.OOv; Th.
COiiFK
FEE
Secretary
President's
t
Of Agriciies
Washington, at
the direction oi rding
Secretary Walli g in.
vitation today nixa
tion antf.repr Indus
trie associated Teeny
With agrlcultur 'tionaj
conference ne" a
month t uggwa or
Improvement I jm
cultural depre thru
out the land.1
The PreiH
a conferenc I
nouncedyeatel1
secretary in wf-
whlj no one
:tng
'y of I
Ti- i
Jru-;
tAat
at tne
present-conditio w-i been
avoided none ot o . filling , to
agree that there ougtfv ,m to be some
correct and censtrucjBve step taken:
tn retf-eav the p-lere -hardshlDs in-
dec which nfi!portant a portion of
the counify. hi struggling." J it .-. ...
The conrerence win aiviae it work
Lacy-Wagner- ' Company, $50,000;f.'nto; tW soctlons, one for consider
Porter plumbing Company, $2S,00;Uon of '.'our present day aiffleultiM"
Carver Clothing Company, 125,0Q;land 4e other to worl 'out, general
Joyce Bros, i Conpany, , 100,000;lpolicleB for the future, v. , t , i.
Pyr25oroTo; "TwlnTcuyTAlhle D IS-'
company, f 100,000; American wu
Company, $106,000; Versailles Chem
ical Company, 1125,000; Magie-No-I jjacon,' Ga., Deo. 21. Saved from
ble Company, l,00,000;v HomelVna gmiows at Gray. Oa.. yesterday
Builders Company, 1125,000; Wln-Sby a npits order from U.S, Judge
ton Hardwood Company, 100,000; I Beveffly I. Evans, - John Bonner,
North State Film Company, 265,000; lnegrol oonvictea ot murder and Sen-
3 . V. ! 1 1 I. , . Unit 1. W. , . . . v ...
iwuwtamo xvvaity unvpaiijf, ftv,,,,, itencef lo . nuitr in . connection Wltn
SHOT AVOIDING ESCAPE
iDunnagan --Brokerage K Company,
were giveby the younger mem- JJS'b" f "t8D.MQ,"n v;oT,
ber... Delightful musle which- had N-Proflt Gf oceryoci-
been specially , arranged ior ,ne
occasion was rendered by the Choir,
iaht refreshment ; , were - then
served, after which the-congrega
atlon, $50,000; - Martis-Hill ' Candy
Company, 275,900; Winston-Salem
Advertising Club, $1,000; barber
printing Company, " IlOO.OOor Hin
rn dlsbamled "wit' th' hope7of ; J11 i
fall term and giving room for . a
largely increased registration of pu
pils. ' Th city l also arranging tor
the' immediate constmotion of . a'
twelvs-room colored . high school
building on property , owned by th
city school 'commission adjacent to
the state sctiool for eoiorea normal
student. : Thl will be completed In
22. - i . '-,.' fit :-'y:
The school authorlne al have in
hand plan for several other school
building wtuch wni have oe conr
tructed a rapidly as practicable.
bond ror wnion nave aireaoy oee
voted by the people. ;'.,'':V ;i':
i Mnnldpal Heerouyoa
1021 has witnessed a great expan
sion of faculties for municipal recre
ation. Kew public playground have
been opened and th number ol sup
ervisors necessary - to care for each
hav been provided. They are doing
a wonderfully efficient service under
the direction or tn city aeparuneni
meeting again during the Christmas
season ot Wd. -. -v .. ?-;:"'
'Mr. and Mrs. J; A. Johnson left,
yesterday . for their home in Wei'!
don, after: spending the past -Week
here with their s daughter, .Mr. B.
C, Jame. -:'."." ?,--' .;,..f. : '.J",
- B. I- Harris, of Winston-Salem,
spent several days ne. thl?I y,e
with hi parents, ur, an m-im , .
W. Harrl In WmA-mkin.tii'WiSi;
On Christmas afternoon the mem
ber ot Bryan Ipdg I. O. O. F. ot
this place wetnt In a body to the
home of the two McHargue sister
in Wert Elkhv carrying many good
thing to gladden the hearta pf
these good , womeni j It - has beeh
the custom ' of the Lodge here to
look after the need of these two
sister for a number of year and
every Chrlstma to visit them 4n a
body. One of them i 4 and the
other tt year old..
On Chrlstma day Mr.; John lnc
j - ui.a tin - Carter, -ol . State
T-.ii . -t veoterdav Mr. Ernest
j Darnell, of Elkln. and Miss Beulah
of park and playgrounds. The most j 0:,j, - state Road, " were
uvuiuw. uuwwn . united In marriage,, i. a,, t"wa
is the Skarland recreation fleld, tn
the eastern part ot the city. It 1
located east ot Memorial hospital and
ha permanently constructed .tennis
and basketball courts, foot and base
ball fields, in addition to otner taciu
tlea. Plan for the substantial - Im-
orovement of thla and all otoer piay-
ground In the city, under the direc
tion of tn munioipai , aepartment
during the- coming year are. under
way. t , .
. ; Protection. ?. 1
. Protection of life and property ha
been given careful consideration by
the city .' administration, under the
J. p., officiating for botn coupies.
T Tonight a - watch-night servloe
wiU b held in the Methodist church
here rom 10 o'clock . until mid
night. An appropriate program has
been prepared . andowttl . be ren
dered by the young people of the
congregation. " ' .- 3 ' - ' f
ciixWrfraiAS visitors j-
i TO THE GRANITE CITY
Mt, Airy.' Dec Mr. and Mr
J. H. Bparger and , daughter,, . Mia
Alma Snarser. of Grenaooro, and 8.
direction of Mayor Jamek O. Hane.)W. Sparger, of Dwham, are ueet
Under tbe dtreoUon of th publio of Mr. and Mr B. H..Kochtitky,.,
safatv csmmlttee of the board of! Mis Helen Smltb, ot Greenaborot
connected with a aldermcrt in co-operation witli the is the gueet ot.her tamer.
A.. .B.
town to the- county line. These three
If any taxpayer fail to ffle aUnntrart will airsrvsato. a eost nf
return of Income or pay th tax,: if about three quarters of a million dol-
M t)V 1la ttflTttln tU rtavti fir t n tlrriA i i.a. . ii m nta x. i
... , , --- irUII MHUf-l w 1 W , MIVU. VI.
i.cr schedule, in the old'bulidlng, but
the new building: will not, be used
until the following week, t K w
Work on this new school building
was started some time during: the
first of ths summer, and its comple
tion will frea.ly aid in the efficient
work of th echool. ':"..-,. : -''.
DR. TAYLOR MUST FACE
NEW CRIMINAL CHARGE
Oreensboro; Dec.w 81 -A special
term ot Guilford superior Court for
the trial 'of criminal case will con
vene here on Monday morning, with
Judge ' Garland S. Ferguson, of
Waynesville.' presiding. The , court
will be in session for two week. ; -;
Solicitor John C. Bower has ah-
nounoed that Dr. J. WV Taylor ami
Mra J. H. Harrll will be tried on a i
charge of Immqrallty at this terra of
the court. The announcement creord
: onme interest her, coming an It did
shortly after Dr. Taylor d been ac
quitted en a similar, charge .when ar
raigned with hi secretary. Mis Ca
"lar Saunders, early in December, . .
; The- trial of -the, case occupied.
three days and was the center of in
terest during that time. In the coun
ty. . ' .'.
Dr; Taylor, one of the most yli
i ly known eye speclallsia of the tt.
waa at one time president of the
North Carolina Society of Optom
etrists, and .also: for, . many tmrn
served as secretary of the state brwrfl
' of examiners in -.optometry. Mis.
liarrell was neighbor of the Taylor
family. - .
UNIQUE RUSE GIVES
CONVICT HIS FREEDOM
Montgomery. Ala.j-DB."I1.-C, B.
Ion alius K. W. Jones, serving from:
two to three years in state's prison"
for second degree forgery, forged hi
way to freedom from ifce- Aiancui
, prison camp yes'erday, according to
, tiifl slate convict department. . ' S :;
Ijpob was hospital steward at the
i:ui.l. Ho obtained otiicial order'
va tile and orawd :the" name of a
1-aroled convict, substituting hie own,
It waa accepted by the authorities at
iae camp and Leon walked out on- a
ten day parole. - . i '
Leon was convicted in Montgom
ery county and began serving bis
!ntence February ti. ' v."
VCUNG PANAMA GIRL '
MAKES FINE RECORD
..... i :-
Panama. Dec. J1.-A new recefd
'.,r women pedestrian In Panama
r, as heen efrtablished by Alba Mann,
will open on January the second a' revenue act, the tax shall be doubled
and such, double tax shall be in
creased by one - per -cent for each
monh or fraction of a month from
the time the tax was originally due
to the date of th payment. . ::
: "The words 'gros Income' include
gains, profits and income derived
from salaries, wage or compensa
tion of personal eervtce - whatever
kind and In whatever form paid, or
from professions, vocations, trades,
business, Commerce or sale or deal
ings in property, whether real or
personal, growing out of the owner
ship on use of or interest in such
property;: also from interest, ;' rent,
derived," securities, or the transac
tion of any business carried oa for
.gain pr profit, or gain or profit and
income aerjvca irom any source
wnatever.- s . 1 1 - .
: tiroes Income does not include th
following which is exempted under
the etate act: .: i
3 ; The proceeds ; of : life Insurance
policies; value' of property acquired
by gift or bequest (but the lucome
from such property must be in
cluded In the gross income) : In
terest npon obligations of United
State or of the state; salaries, wages
or other pay received from United
. to.1: npproxv
rounding the figures
mately 11,000.000. M ; -.:. "
-f, Improvemenia AU tiTCr Town. i
' The Improvements in street eon
struction and the building of honaar
and business houses has been con
fined to no one-section of the city.
Every section of the city has' boenLwien
advancing- with notable rapidity an
ewure ox nuinrs nnvti onvn cujr
structed in the northern aeotloDot
the city, scores in the westernnwc
tion, ' especially In : the western
suburbs, great improvement ha also
been noted in, the outhwt. the
southern section and east, While
the city has been spreading in every
direction vacant property inside has
been , ' nndergoing transformation
thru the construction of new homes.
and extension of the . business dis
trict of the city.. : j
. Resideatial section showing un
usual development : are Mont view
snd Whitevlew on the North-; West
Highlands. Buena VIsLa and Ard
more and Crafton' Height on th
West; Granville in Salem, and Cen
tral Terrace and Longview on the
South. ' - .;
j . Xew ChorcheH. "
"Many churches of the city have
expandea then- tacllltle for pro-
water supply has been increased 'o Mis Virginia Galloway, of Greens
care for the city in the most extreme 1 bore, i the guest of Miss France
period of drought additional pump . Foy. - ' ' v
are being Installed at the water sta- J. I Harrison spent the past wsek
tton an orders have rl end with his brother, Js Harrleon,
ths onStructlotv5uauionaTrclkp Fayettevllle. "i , "
main to ctx,' the water j taTVe (Vmi Lilly Ma Crott. of Wlneton-
city, .Inj oration with the polkjs!m 1 th guest of frlenQ ana
IVe here,
rthe force 1
rengthened 1
Ifent operation
Installed. ' Ox ,
ansion olin
Stales by ofllclats or employee ther-rooting the work of the church and
ounutt, iiuu,v. wmiv oiaer congre
gations have either practically com
pleted new plants Or have plans well
under way for construction work to
begin some time . during Uie new
year.-
Th new bouse of worship of the
Fourth Btreet Christian congrega
tion ha been practically comnleted
during the year; the 8alem Baptist
have materially oxpanded their
equipment; the Salem Methodists
have practically completed one of
the handsomest and most spacious
cnurcn piani in tne city ana elab
orate. Improvement have been made
at the. Christ Moravian church
plant. -"-; , -i: IV- -. -
Centenary ; Methodist church is
awaiting favorable i. condition for
building a large addition to their
of, including persons in military or
naval forces; any. amounts received
through accident or health insur
ance or under wotk ytien s com--pensatlon
act. r . .. . ,':'.'
:.Th "net income" Is defined a th
"gross Income of the taxpayer, les
the .deductions allowed" under , the
act. : '1 ' ' ' ' ... : ' -:': t
... a For the present the elate depart
ment or revenue announces that it
has adopted the .same rulings In
reference to depletion and deprecia
tion as adopted by the United States
government, ; .
Exemptions allowed are as tot
lows: "in the case of a single in
dividual a personal exemption of $1,
000. In the case Of a married man
with wife . living with him. f 2.800.
Itt the case of a widow or. widower
having minor child or
ii y ars oil. wno waixeo xnryjuie
, r.al zone from ocait to oc n; a
. nce of HinroxlmaMiy 50 mlMMn
is roui I 2$ i minute actual
his nine,' an average '.of, j about
- i,i!. n hour. Mif -MaiHiif'whp
yoiti.eest irirl . t underi'ukv.
im holds the ranal, jmnc
- i n.tinpjor.shfps f'jr higii and
w . i. c and swimmli g. r
ton.:
children i """"" " iw meir
ratural or adopted. J.OOO." An ex-,Pih. wi-SZ iXSrK
e i-tAA iAm. ,i ! m hand; the North Winston Baptist
dependent upon and receiving chief
support fronvth taxpayer, it under
18 year or ie Incapable ot support
because mentally or physically de
fective, other than husband' or wife.
. Beabow and Beck, bksy&ee and
accessories. .They save jo? moasy.
Orapbopbone ot all wake; repaired,
gunsmitba, locksmitb. saw- flllng,
lawn mower oC)ykind harpened
and kept in perfect repair, making
them hurt. twice long. They do
the largest amount of repair , work
In Wlnton-8alem, Liberty atreet.
Adv. '.' V, -' -".f' ': Wv-;;"Xs.'.-?;'::: ;i t Zi
...-.-.: -v'.- 1 i ' . it i ."."-'-'
- - S. Krtxmr, - ready-to-wtar tot
men, women and boy. - The store
out of the hUh rent district la fur
nutting th ladies and men and boy
witli ready -to-wr suits at unheard
of low price tow quality suit. .Ex
amine the Dually -of the suit and
fyou Will agr with oa- Adv -
their plant during the coming year;
Fairriew Moravian .congregation is
hoping in the new year . to make
elaborate improvement in the facil
ities of their church during the com
ing year; - the Southside Baptists
already eecured a lot and plans for
a new cnurcn otiuaing, tne iund for
which Is already practically assured,
it Is understood; Calvary Moravian
church I snaking fin progress In
accumulating i' building food for
a new church, Vhien doubt! will
be begun early In the new year
Greenwood - Avenue Baptists also
have plans In hand and ' a liberal
sum in- its building tuna, tor a new
houne of worship, and - Burkhead
Methodist church has been sold by
tut trustee and plans are being re.
cured for a new building to be lo
icated on property nhcudv acquired
I by them. i . They . have agreed " to
i vacate -their present' - home during
a been
and factlltie:
f the- depart
eclal lnteres:
ool organi:
ing
clt:
d a
n.i
wa:
flghUtijrtacillt
f She 'tf Jn cutoperation with
re deparunenr, 'chief, and
onnectioh It ay well be Aated
hat the cltf has experienced an
usually low fir damage pjsrbrd this
-Many -alarm rar been re
ded to, the numhfjrbeing rac-
tlcaltstriormal, M.priie damage baa
been ulra)wlaili several months
being o efficiently eared for as to
attract; th attention of the state in-t
surancf commission and prompt him
in most highly commending the local
nre department ior it wora. . Mil
lion of dollar ot property in build
ings sad contents have been at risk,
with damage of compare tVrsly a few
dollar. .' .'.,--::-.v.i..f..-...-.v
Social Activities. ' l
' Thm year has been one of unusual
social-activity. Thruout th year
the city ha beeh Oiled with die
tlngutohed -visitor,'- social ... guests,
buslnas visitors, distinguished busi
ness men ai)d statesmen, aervlng not
only to strengthen . the spirit . of
brotherhood and ' good fellowship in
the cKy, but served also to broaden
th people and scatter the fame of
the city as " a good place in which
to live and do business" thruout the
nation. The local club are alert to
the value of recreation for It mem
cerstand ha v also , recognised It
resparisibllity In city building In mak
ing visitors in in city feel at noma, i
Th Various ctvio club, for both men
and 1 women, have brought dis
tinguished visitors to the city in per
forming It function of making the
city iti better place In which to live
and "the state the beat In , th South.
Poring th comma- year all ree-
ord In thl Una are expected tp be
orosen tnru tn entertainment of
varteaa conventions, a large number!
of which have already been booked.
The) first for the New Tear la. the
(atBoring of the North Carolina edi
tor for their . mid-winter meeting
her next week, to be followed
closely the last of the month by the
mH-winter meeting ot the oora
metcial secretaries association ot the
.ate., Elaborate entertainment plans
are) under way, and these two, with
all tot her bodies esserabUna- In Wln-
stofa-8alem next year are promised a
our am. .
,1 ' A lb-cord Ycr.'
. tti spite of the a-eneral crv of btul.
Be depression Wlntiion-Salem has
torsrea anead during the nast vear.
and it ha been gratifying to hear
ins c:mmn or -the . raveling pun
lit ftboul the prosperous Condition In
H button-Salem snd ': -vlrlnltw. TK
elty I full of optimist, ready tot 317 Main.
see Prather I In Baltimore on
"sobotta. Of Kansas City, Mo.,
wueet of Mr. and Mr, i John
ott. on Pin treet."
t tt u rimham. of Tarboro, la
e gueet of her parent. Judge and
Mr. T. B. McCargo.', '
Mrs. R, R. Jackson la visiuiuj
Southern Iron and Steel Corporation,
150,000; Jojice-Woodward Company,
sso.eoo;; S. and W. Csffeteria,
000; Liberty Baking Company, 1100,
000; Vance-Walker Shoe Company,
$100,000: The Phvlos Club. 115.000;
The Robert E. Lee 'Hotel Company,
IZ00,000;Wlnton Leaf Tobacco and
Storage Company, 1115,000; Walk
ertown;, Milling ;; Company,, f 14,000;
Pilot.' t Candv , Comoanv. 150.000:
Longview sj ... Inveotmi , t Company,
1100,000;- Buena Vista Annex. Inc.
f 100,000; Domestic Coal Company,
$10,000; Imperial Gas and Oil Com
pany, $50,000;. Growers Exchange
Company, i $50.000; :' Vogler-Knouse
Comoanr. S100.000: Crystal , Candy
Company,. $100,000; Barber Photo
and Office Supply Company, $50,000;
Standard Home Company, $100,000;
Warren Bales Remedy Corporation,
$250,000; Taylor -Brother 'Coot,
pany, $750,000; H. H. Hall and Com
pany, $10,000; Tuttle Transfer Com
pany, $10,000; Motor Bus Transpor
tation Company, $100,000; Thomp
son Detective Agency, $10,000; Reil-
ley-Wllllanw' Motor Company, $50,
000; National '"Hatchery Company,
$100,000; Jarvis Storage Battery
Company, $50,000. , .
SHIPLOAD OF LIQUOR
" OFF CAROLINA COAST
Lt , . " 1
;i Washington, Dec. : 81. -Seirure of
the British schooner Messenger of
Peace -with a cargo of liquor. . off
the North .Carolina coast Was re
ported to Assistant 'Secretary of the
Treasury Clifford today by the coast
guard station at, lfillxabetn . City,
North- Carolina.
The ship, the report said, was
stranded on Okra Bar oft the coast
of North Carolina, but -was floated
yesterday. ,
ATTOnXET GEWTRAL SAYS
RETAIL PRICES TOO HICU
Federal 1nVestlgatlon, of '"retail
prices charged (n' various part ot
the country, for food, fuel, shoos and
clothing,' has beon Initiated by At
torney General Daugherty. He gave
orders-to Director Burns, of the bu
reau investigation of the justice de
Dartment, to assign a force of men
at once to the duty of obtaining
data on ' retail prices In different
TncAlltlea. :.-i. '.' -
s Mr. Daugherty: declared that
prices ,? of - necessary commodities
were too high and that In some in
stances the profits of retailers were
"unconscionable." It would never
be possible, he asserted, to get the
the killing of A. a Jones, a wealthy
reclue. attemoted to make his ea.
capp,iomers said,' -while he waa, be-'i
ing touunerrea rrom tne uibb county
jail a irain to oe i&Hen to At
antaror safekepine at an early hour
P odaJand was shot, and wounded tn
ItothfeCt. ., Sheriff J. - C, Middle
Wools, ot Jones- county, who had
chard ot the prisoner, - suffered
teverl bruise and laceration he re-
reive in. a struggle with the negro
in a tal bin of a local hotel. :"....
r Thlo'Hanlop Drug . -tor f -mj
takesijtie lead with all Rexail 'Rm
edlea'ac0 Ciam. Taloum 'Powder
and choit Perfume, fragrant,
iastlnfaad dqjikhtful. ' Try thsm
and f j - will rJvay us t them.
They Lav no wrual. Everyone th
gold nandard 'of values. 100 cents
oil twdollar. Adv. - ,
f II. II I.I . mi fl
ThDlxle Electric Company still-
take ha lead -with th finest jlne
of eMricai auppiie of all - km.t
Ltmi shades, fans; Olectria heat.
Ur tit take tad chill off your bad
room our oinina room, your sitting
room! See :ouiV'ctrle Iron, th
khoulbe in. - every home. four
iiousfvlrsd'by u will satisfy, ys
save fcu'.money.-Adv. i t
!3IDS3QE3Q33Dnnr
E
othsrri U
Indigestion
ranj. persopt,
iirou and healUir,
Ijopred , occaaionally .
fisestloa. The ettectg
dlrdered tomch
sjora an ' uangeron
rfnpt treatment
n to Important
njlclne I have :
h something to
f and clean .1.
Mr. rrei
Kinney, Tex:
medicine. U
-'t' . w: i
:Thed(:nl's
aUve in ureensporo., - - - - - ' ' to lh8 Dr.e.war level but
S6 -tKVage. lowered and the cost of
college. 1 the guest ot na parem
Attorney and Mrs. w. sr. carter.
Misses Nettle Allred .and Estelle
Leonard wUI leave Monday to visit
Miss Louise Edwards In High Point
Rev. W. M. Wall, of Mayodan, ent
iled relative here the flnrt of the
week." ,. - -: . ".
i M. L, Dean lert yveaneooar mi
k..-ia .in in Richmond. V "
HIMIIKW - ',- . ' . . . . -,
Mis France Leenara visueu; .
A. D. Baldrldgs, during tne noii
day. in Greensboro. , ;
Daniel Dean, student of UieSnen-
erfdoah Collegiate Inatltute, at Day
ton, Va., Is the guest or nig spreuuj,
Mr." and Mrs. so. u.' mw. ' j-'i i
, i . mi Mr., E. H. Wrenn, Jr.,
ot ReldsvUle, spent the holiday with
her parents, Mr. and Mr. R.,M.
Mrs. Jo Cartel; and lltle daugh
ter. Jean ' and Elixabeth, spent
Christina with relative In Washlng-
rnnAintfx reduced he was v deter.
mined to learn whether the present
"badly proportioned", retail, price
should be maintained. i
t,-. i , t .- 1 1 1 - -
Jo Jacob Clothing' Company has
given the people th gold standard
of value. 100 cents
strictly nrt oiasa,
ty ClOUllUg auu
ing bag, valises,
wholesale price.
th dependable at.
tomer, always a
what ths people
th dollar In
grade auall-
ihlngs, travel-
lea than
r to trkdo at
'One a cue-
:ustomef. that's
. Ad. i
uu
man
uif easss.
Li-paj
ofe.
T
i I rodireaUT
S Lbla el
I ier fouw4
tT aW
arm u
ofcpldlge- W
"la only p
Deaea has -
did dire- U
ihe. liver," c
Sg Ashby, a w
n, -. urmar.
W ! ' ,v,... a
RAUGII
1
n and stomach
ty kind. I bay
ajfythlng that
:bea the pot, like Black-
lught - I take K In broken
i after meals. For a long
1 k I tried pllla, which grip.
I land didn't give the good
hits. ' . Black-Draught liver
llcine to easy to taka, as7
keep, InexpenalTe." ; , . ;
i t a packag from yonr
jbflat today Ask tor and
1 1st upon Thedford' tt.
1 I fanulna.-;
I ?t tt today.
WAR SAVINGS STAMPS
. FOR NEAR EAST RELIEF
i RalebJh, .Dec,:$lWar" avlng
stampsvar -being received with con
tributions to the Near ' East Relief
Fund tor lta Work ot child-saving in
Armenia and Assyria. It wa an
nounced today by CoL George H.
niiBmv tat chairman. ,..
These stamps win w u i
1 money in purchasing and sending;
food and clothing to th thousands )
of starving orphan, . and refugee
still unable to care for themselves
la th Bible land. ; - '
- With 'the Turk now unven. out u
Armenia as aoon a' the crop can
be raised the refugees are expected
to be able to take care of them
selves. Cot ' Bellamy pointed ut.-
Among the contribution sent In
response to the Chrlstma appeal to
the Neat- East Relief- to 'Josephu
Diniela, 'Honorary State Chairman,
wa one from a prisoner In th state
penitentiary. Jack Hall, who la
erring a wentence for bigamy sent
la a one dollar bill, one ot the first
contribution to b received in re
sponse, to. Mr. Daniel' ppeL . .
,D& M. BasebaO Goods -;
Special diMOWtt tn Schools,
Clubs aiCd CoHcttes ,
HKNRT HARRIS I ,
n the Sqaare
SAMSON TRtlCS
larger- Dollar Value
; - - -Your handling; cost tfiust
v minimum. The truck you use
- ; for. your dollar. - s
' - Samson TruckVare desigii
' the utmost in transsudation 1
is, small.- : Their operaYngicostl
- . .: SfimoAn Tiniilra kasTAy imnfl
construction that maketjieni
'. for farm work. ' It is th trif
' should buy
i Our new plan of fin;
gives you an opportunity
ijruck Mileage
ftpt 'to the. absolute
give you full value -
id built to eive you
11 Their original cost
ceedingly low. ,
elusive features of .'
eiimely well adapted
4l at every farmer
-you use it. You have a year for
h r truck" purchase
nr your work whiles
li opay. - .i :
, Corner Liberty and Third treel
inston-Salem, N. C-
.mi
iPEGIAl
W$ offer you an t
uual merchan
event ju$t before
lake inventory. v
item Ve offer i a
Valu
OUTING GOWK
: 89c
' . SWEATERS
S1.00,$1.5f
Sl,75vS2.4?
v ... suns;
89c,
LADIES' UNION
; suits,
rvxw noriDic
UNION SUITS
69c an98
BOYS? CAPS
m
CtifL
DRIB'S
AND 'CAT
MEN'S SHIRTS
98cand$L4
BOYS' SHIRTS
98c
1
ROYS'- OVERAlf
MEN'S OVERAU
79caniJSl.l
CHILDREN'S
? HOSIERY
15c, 25c
and 39c
mm
'?i'?-l';''''.'V'W.i -
Sample
i Store I
421 TradeStr
i
r