Newspapers / The Perquimans Weekly (Hertford, … / Feb. 18, 1944, edition 1 / Page 3
Part of The Perquimans Weekly (Hertford, 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
THE PERQUIMANS WEEKLY. HERTFOKU; N. C KIU AY, FEBRUARY 18, 1944 PAGE THREE t 4 X ''YTHE, Hi- "erquimaiuiWeekly jutmana Weekly, P"tir j eonaiatlng of Joseph G mpbell ud Mu B. Campbell, ol i tford, N. G. . - . MAX CAMPBELL ntard ecowl eUM matte. Novemoei 6. Doetoffkt t Hertford, North Carolina, un der the Act of March, 1879. J , SUBSCRIPTION RATES Tne Year J1-" Ur Months ;7s Cards of thanka, oDituanea, resolutions of respect, eta. will be charged for at regular advertising rates. f! Advertising rates furnished by request. FRIDAY, FEBRUARY 18, 1944 LOOKING AT Ky Hug S. Sissa, Waahlnttor Correspondent WUlkiCs "ReaWstlc Program For Heavier War Taxation Would Reduce Load Later Mr. Wendell L. Willkie, 1940 Re publican nominee for the presidency, urges that a $16,000,000000 tax pro gram be passed to finance the war La Hnnnncea the $10,600,000,000 program, advocated by .the Adminis tration, as "unrealistic." In a speech delivered in New York r, Mr willkie declared "for the creation of an international organiza tion by which to safeguard the rights of smaller nations, preserve world peace, bring about economic coopera tion and promote the growth of free institutions." The Republican candidate demand ed "a realistic fiscal policy," without which, he declared, we cannot have full employment, finance the enlarge ment of social security, attain higher standards of living or better hous ing nr hrnader education, or sounder health. FACE THE ENEMY, UNITE IN I Stern Taxes During the war SPIRIT: And Jesus knew theirl lunung ma - thoughts, and, said uo them, Every, sities of the wa r and denouncmg the kingdom divided against ltseu m i"" " r, i brought to desolation; and every city, proclaimed a single duty, of house divided against ltseu snau at a faster rate than ever. In Janu-I easily clinch its accusations by per ary 8,789 planes were compleed.l mitting FCC officials to make their not stand. Matt. 12:25 A New Bond Record - Residents of Perquimans County have every right to feel proud of the record just achieved in the Fourth War Loan. While a complete check had not been made at the time this editorial s written, it is believed that al most every individual in the county purchased war bonds or war stamps during the drive. The sales figures show that Per quimans over-subscribed its quota nearly 100 per cent. ' ; We sdute all those who took part in the drive, either by selling bonds i r Vinvino- them. Especially do we Congratulate the children of the coun ty schools for the outstanding job they did in seiung Donas ana wupo. e County war f inance jommiwee ;d a splendid job in organizing this ... x i ive, wnicn was so successim. which was thirteen less than Decern ber in number but 6.4 per cent more in weight. Foreign Policy Endangered By Hyphenated-Ameicans Americans of Lithuanian descent, representing one million of their com patriots in twenty-one states, have petitioned President Roosevelt for "the restoration of the independence of the Republic of Lithuania" as estab lished wenty-six years ago. It is natural, perhaps, for people of Lithuanian descent to be worried about the fate of Lithuania and to fear that Soviet Russia may deprive the Lithuanians of their national in dependence. The same observation applies to other hyphenated Ameri cans who are concerned with the possible fate of their former home lands. The presence of millions of hyphenated-Americans creates a problem for the United States. While many of these citizens are thoroughly pa triotic, subordinating the interest of their homelands to the welfare of this country, there are others who are solely concerned with exerting pressure upon the government of this country in the interest of their form er homeland. In fact, the foreign policy of the Willkie "to tax ourselves now beyond any limit that we have hitherto imagined possible," admitting that this would "actually materially lower the American stand ard of living during the war." He would "tax to the limit every dollar, corporate and individual, that is capable of bearing a tax, particu lrly those corporate and individual earnings which are created by the war itself." However, he would not destroy human resources by taxing them "below the level of necessity" or threaten our corporate structure to a point that spells insolvency or "pre vents business from springing to ac tion immediately after the war, con verting to peacetime production and providing jobs for the returning sol diers and the war workers." No Specific Levies Suggested Mr. Willkie, like others, demands heavier taxation but he does not sug gest a single levy to provide the $16,000,000,000 that he says the na tion must raise to escape disaster in the future. Consequently, his posi- should also be repealed. (4) To encourage venture capital, we must "find a practical way of re lieving new enterprises from crip pling taxation for a reasonable per iod" and "inquire into all forms of incentive taxation by which business and industry can be stimulated to adopt policies that will expand em ployment and advance the welfare of society." (5) We should "liberalize" the present provisions by which business es are entitled to carry forward losses for a period of two years only. (6) We should end the double tax on corporation dividends by eliminat ing the present double tax on divi dend payments. This refers to the fact that the earnings of a corpora tion are taxed by a corporate in come tax and then, when paid out as dividends, be subjected to an in dividual income tax. (7) While the Government must guarantee subsistence to thousands of men and women who may find themselves, at least temporarily, without jobs, it would be better for private industry "to provide them with adequate severance pay" and to this end, we should permit employ ers to set up reserves earmarked for this purpose. (8) Because "full consumption and full production require a lower ing of all taxes affecting the people's power to consume," the post-war tax program should reduce, and, in some instances eliminate, the excise taxes on non-luxuries and lower "the indi vidual income tax, particularly in the lower and middle brackets." Sh'ps Mean Victory The construction of merchant ships took a sharp decline in January when 124 vessels were delivered compared with 208 in December. Some decline was expected because some oi tne yaras were cnanging from Liberty to Victory ships, but Admiral Emory S. Land, of the Marl-, select .committee has at no time per- appearance before the committee. To prevent any explanation or de fense for a prolonged period suggests that the House committee is not cer tain of the strength of its ease and opinion that would follow presenta tion of the FOC's side of the controversy. "Did you ever attend a school for stuttering?" "N-n-no, I j-j-j-just picked it up." IN MEMORIAM In memory of our dear son, George W. Byrum, who died February 20, 1943. It has been one year, dear son, Since we saw that sad hour come, Oh, the agony as we looked on that day, Knowing that from us you were passing away. Each holiday you always came home smiling, Bringing gifts, and of your aches not telling, We're hoping to feel the squeeze of your dear hand, Again some day in God's Promised Land. Mr. and Mrs. W. M. Byrum. BIRTH ANNOUNCEMENT Born to Mr. and Mrs. Bill Williams, TT -x j el t , . j- la son KIIey Wfiit, on February 11. United S ates is seriously handicap- Mr8 wiiams . J parents, Mr. and Mrs. B. W. Cope I land, of near Hobbsville, during the nknn JT If ITI.I1. ouBcnce ox bit. wi nams. who is rerouimans v,oumy mm Kurvii.cu . t- iB th t h. favora heavier war its quote of bonds during each of the i tafo,, Dut the details are, presum- -four bond drives and each time has increased the percentage of over- subscription. This last drive has set a new record. Let's maintain it and ', keep on buying war bonds . . . that Lit one way we, here at home, can fight the Axis. Buying war ! bonas'eureB the boys doing the i fightinf of the materials -TfeeaSa" to . kick the teeth out of the enemy. ped by the political effect of any action which offends a considerable number of hyphenated Americans. This is especially true when the hy phenates organize themselves into a group far the purpose of influencing our attitude toward world problems. It may be entirely natural for hyphenated-Americans to take this ac tion, but, so far as the general wel- iare oi the united states is con cerned, the activity is distinctly un American. House Committee Proceeds In An Un-American Manner The House select committee, inves tigating the Federal Communications Commission, has conducted a number of hearings, at which innumerable charges have been made against the Commission. 1 ourange 10 reiaie, nowever, tne serving with the U. S. forces. Heavier Taxation NeccsaxyForWar Tknn is an Hbnht. whatever of the ' ability of the nation to stand heavier taxes. It is admitted, however, that certain taxpayers carry more than their proportion of the burden. f The difficulty, in connection with '" new taxes, is that every individual " and corporation, likely to be affected, attempts to shunt the increase upon . other classes. A recent study, made' by R. A. .Husgrove and H. L. Seligman, of the Federal Reserve Board's Research staff, concludes that Americans are A let off . more lightly than British and s ' Canadians Moreover, corporation profits have doubled in wartime while British corporate proms nave been restricted to 1933 peace-time levels. The study of the tax situation re Veals thai Great Britain is absorbing fifty percent of its national income in taxes, Canada, thirty-six per cent, and the United States only thirty two per cent. This estimate includes State and local, as well as Federal taxes. Individual income taxes in Great Britain and Canada are sub stantially higher than in this country. The experts call attention to one exception, the large American family with income less than $1,600. At this level, according to the survey, the i American uuuaver nuiin a iicavicx J ably, left to Congress to figure out. Nevertheless, he urges the people to have no illusions concerning the effect of raising such a sum on every man, woman and child in the United States, because "it will require major, and, in some cases, dangerous sacri- big "Down To Business Tleally ! After the war, Mr. Willkie esti mates that the national budget will be a minimum of $20,000,000,000, at 1942 prices, and that the only way this demand can be met is through increased productivity. The national income, he save, "should never fall below $120,000,000,000 at 1942 prices." Mr. Willkie turns his attention to the fiscal policies that will be neces .sary "after the war" in order to stimulate the flow of goods and ser vices, the taking of risks, the crea tion of millions of jobs and says that "taxes must be minimized rather than maximized." He suggests that low tax rates will yield more income from individ uals and corporations than higher tax rates. Thereupon, he would "arouse once more in men the hope of reward" and by the "application of this principle," solve "our fiscal problems and fulfill our manifold economic and social responsibilities." To Ease Taxes After The War Here is the Willkie program: (1) Corporation taxes should be single, ungraduated, applying to all corporate incomes, above a given amount, say $25,000 or $50,000. Cor porations earning less than the given amounts should be taxed at a lower rate. (2) The wartime excess profits tax should be repealed. (3 The declared value excess pro fits tax and the capital stock tax time Commission, says the "decline was much sharper" than expected. The production of ships is as im portant as any wartime activity. Without an abundance of cargo ships, the United States will be unable to maintain its fighting men or deliver the supplies that are necessary for any sustained offensive, either in Europe or in the Far East. Our 2,000 Heavy Bombers More than 2,000 heavy bombers of the U. S. Army are now participating in the great aerial offensive against Germany, with side attacks into Aus tria and the Balkans. This is the figure given by Gen. Geo. C. Marshall, who ought to know. It is evidence of the increased strength of our air force, which now includes one-third of the total num ber of men in the Army. Meanwhile, the aircraft plants in this country are turning out aircraft mitted the FCC to answer chanres made. This calls forth a protest from Chairman James Lawrence Fly, who points out that the Commission has "not been able to put a single word into the record to answer the baseless charges." We have no brief to defend the FCC, but it seems to us that the House select committee is behaving in an unfair, and un-American man ner. Certainly, the essence of jus tice is to permit anyone charged with misconduct to ihave reasonable and opportune occasion to answer and defend. ThuB. .far, the House committee seems to have pursued a policy, de liberately designed to give publicity to charges against the Commission, without permitting any reply. If the Federal Communications Commission is guilty of the offenses charged, the House committee could You Women Who Suffer From U MAiCOtlS then (sgodiuw oiras During 38 to 52 Years - of Age! If you-like so many women be tween the ages of 38 and 52 suffer from hot flashes, weak, tired, nervous irritable feelings, are a bit blue at times-due to the functional middle age period peculiar to women-try Lydla E. Pinkham's Vegetable Compound has what doctors call a stomachic to relieve such symptoms. tonic effect! Thousands upon Taken regularly - Pinkham's thousands have reported benefits. Compound helps build up resist- Follow label directions. Pinkham's ance against such distress. It also Compound Is worth trying. Lydia E. Pinkham's VEGETABLE COMPOUND ft. 1 f4J; burden .and they note that the weight the frequently advocated sales tax would fall most heavily upon this group., Oil In Arabia t " 1 -The agreement between the United .States Government and American oil .'" companies for development of Arabian i oil resources bias attracted opposition , j from extremely diverse source's. " ?; , J.liberalsn attack it as a step to ' -ward post-war cartelization of the oil industry, as paving the way for farther development of great inter national trusts. They also char.Te that the terms of the agreement far- I or the oil companies standard of ' Calif ornia, Texas, and Gulf too ' much. i "Conservatives" attack the agree- tnent because It provides not too little j ,Jut too- much Government participa tion in. private business. Isolation ists attack its international - ramifl A cations.' t ; 11 1 ' Now Jt ia proper that the. light of on all such publicity - be focused i t the history of the international I knows Christian Science lonitor. , struggle for control of oil will not be forgotten as this issue is debated. In this agreement the United States has an interest transcending the arguments either of the New Deal school or the "rugged individual ists" as . to degrees of Government participation in enterprise. That transcendent interest is to assure adequate oil reserves under Ameri can control. The British have seemed much cannier about control of oil reserves than Americans have. The history of the oil business offers some 'inter esting examples of British prompt ness to seize opportunities where American interests have faltered. Even now there is reported a not in significant stir in the House of Com mons over the American project in Arabia. Possibly a great deal remains to be said about the details of the agreement v But Mr. Ickes' reputa tion for square dealing is already one argument in behalf f the project The present Administration has not! in the past been thought or as an on man's . tool, as anyone who followed the Government's handling of the ex-propriation case ' well The job of raising food is a vital one to the war effort. Do it, like all vital work, with the best tools and seed you can obtain. Come to our store today and let us supply your needs for food production. Onion Sets - Onion Seed - Seed Potatoes May Peas - Seed Oats - Lespedeza We Carry a Complete Line of Flower And Garden Seed BUY NOW ... BE READY TO PLANT HERTFORD HARDWARE & SUPPLY CO. HERTFORD, N. C. - BUY MORE WAR BONDS 1 TAYLOR THEATRE EDENTON. N. C. "WE HAVE THE 8BOW8" Friday, Feb. 18 Michele Morgan, Jack Haley and Frank Sinatra in "HIGHER AND HIGHER" Saturday, Feb. 19 "Wild" Bill Elliott in "OVERLAND MAIL ROBBERY' Sunday, Feb. 20 Matinee 2:30, 4:15; Night 9:15 Margo and John Carradine in "GANGWAY FOR TOMORROW" Monday-Tuesday, Feb. 21-22 Dorothy Lamour, Dick Powell and Victor Moore in "RIDING HIGH" Wednesday, Feb. 23 Baa-gain Day 11c and 25c Ludwig Donath and Gale Sondergaard in "THE STRANGE DEATH OF ADOLF HITLER" Also "Batman No. 8" and "Roaring Guns" Thursday-Friday, Feb. 24-25 Rosalind Russell and Brian Aherne in "WHAT A WOMAN" PACKED TO GO ROUND THE So that our soldiers, sailors, and marines everywhere can get their Camels jresb Camels are packed to go round the world, to seal in that famous Camel flavor and mild ness anywhere. The Camel pack keeps your Camels fresh, too pre serving for you the full flavor of Camel's costlier tobaccos. LRLD! 6V 'wrtfHC if- WHJi rmq hi tbo ftroy, Nsvy. Mflrinf Corps. Cast Giprd. tha fmrtte dgarttti Is CameL (Based m actaa! tatot reetrfe.) E TACiNG the biggest food production job of all I time, you will need every pound of soda you can get. It is coming in faster and, while ships are still the big problem, there is reason to believe therewill be enough for every essential requirement. 1.000,000 tons of natural Chilean nitrate the tonnage U. S. fanners used last year properly applied, would produce 250, 000,000 bu. of oats or 100.000.000 bu. of wheat; 125.000.000 bu. of corn or 4.800,000 tons of forage crops; 6,000.000 tons of vegetables, or 2,500.000 bales of cotton and 1.100,000 tons of cotton seed. These figures show why farmers need all the Chilean Soda they can get to smash '44 goals and help make Victory sure!
The Perquimans Weekly (Hertford, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 18, 1944, edition 1
3
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75