The Malvern Leader from Malvern, Iowa on February 22, 1934 · Page 2
Get access to this page with a Free Trial

The Malvern Leader from Malvern, Iowa · Page 2

Publication:
Location:
Malvern, Iowa
Issue Date:
Thursday, February 22, 1934
Page:
Page 2
Start Free Trial
Cancel

fjWA, f^fttlAftf m J8Si THE MALVEJtN AS AtL-COPftt Stout Whart Income fat Iftfofftiation StibtcHptten. Oae copy one year - - - »s.oo Oae copy six months - - i.oo •eriptlon it One copy three months Single M-f? NATIONAL IDiTOtUAL *l^Mtt «. ASSOCIATION °* *! e .J!M* d lft *a" »* this paper. Advertising fate* DISPLAY, 26 cents a colomn Inch; 6 cents an Inch additional tot °- ESt ™ f r w * nar » nte * 6c • "*• 10c • "«• . 5c a tine Poetry SEND CHANGES OF ADDRESS PROMPTLY LEA PER subscribers ars asked to notify the subscription department promptly of any chringe* In their addresses. Under the new poital !»«•«. newspapers and perl- odleala must pay postage due for notices of any chaniteB In address '"fSIshed by the post office. In addition, there Is also the prob- Jem of delay In delivery or failure to get the paper. The best plan It to send the change of address In advance. EDITORIAL "Debt Certificates" Grow A question which will shortly arise In this country Is this: In spending public money for relief nnd recovery activities, where doos the point of diminishing return occur? In other words, it is possible to reach a point where the best Intentioned activities, simply because of their cost to businesses and Individuals, defeat the ends they are designed to further. Tho public debt will be the greatest in history by Juno 30, next, and climb steadily to June 30, 1936, according to present program, when a halt Is contemplated. The estimated total Federal debt will then be about $31,000,000,000. States and municipalities • M» similarly burdened. Their -ipa*Ulon U .worse because their credit la obviously less solid than is that of the Federal government. They have spent, collectively, untold billions •with slight Idea of how the money win be repaid. They will suffer for It accordingly as will workers, taxpayers and tho entire public. Possible civil works projects should be planned by all Iowa communities for It Is Imprpb- able that the CWA "•will "be dropped unless commercial employment picks up enough to void its necessity. Regardless of what CWA may or may not do to the federal budget, Congress will not let It be dropped as long as there Is any possibility of the resulting unemployment causing a sharp economic jolt downward. J Personal Et*»mr-tf0n an* Credit for Dependents (fftSS! Act) A single person, or a marrlet person not living with husban_ or wife, may claim an exemption of $1,000. A person who was the head of a family or was marrle< and living with husband or wife daring the entire taxable year may claim an exemption of $8,600. If husband and wife file separate retnrns, the exemption may be taken by either or divided between them. A "bead of a family" is an Individual who actually supports and maintains in one household one or more individuals who are closely connected with htm by blood relationship, relationship by marriage, or by adoption, and whose right to exercise family control and provide for these dependent indivfdnals Is based npon lome moral or legal obligation. exemption, a credit of $400 may; ie claimed for each person (other \ an Increase in the feflt ts of tie fneotte tax cm wfcat i* Ho* pattf»% ta* s furnishes tfe* chief support, and can not be divided between two Individuals. If the status of the taxpayer, in so far As ft affects the personal exemption or credit for dependents, tstttngeo? outttf tft* taxable year, the personal exemption and credit shall be apportioned in accordance witi tfte number of months before and after sucn change. Fof tn* pur pose of t«% apportionment & fraction*! J*tt of * mwrtn shall be disregarded unless it attoant* to foots tfiftn half a taontb. to which case ft shall be considered a fffontn/ _ -"***«•* Warn 1« filed on Form 1M9 lot an estate Ifr process of adffiJntstifation, of for a tfust, an exemption of $1,000 may t»e claimed. Penalties (10%; Aet ) For willffl! failure to make and file a " exempt interest — _.. dividends, 0a tfr* etfrer hand * reduction is provided lot married men wfth dependents and tndi- viduaFs wfth earned incomes. Such & change wttl undoubtedly >e ot vast benefit to the majority of the people. Tbe U. S. Senate ts continuing its investigation of airmail contracts, rates, etc.. and Justly *o. The administration is beat npon ttneovertng and eliminating graft * * 6 * ** **"»** fi ' tfce e»ntra*ts proper. are people wno wouldn't give yon the information, the evidence op to date indicates that ~ mnmu* A ** 1 *** * OtMfJt book no outsiders ftdftftted. The that ftlT thi* ffope n«s ftisft brought ottt fs a mlgtty ftn thing. It ouffct to stop the ttsfr of tax-payer* »on*y for paying fffvl dends to some fnmneters who ow large Mocks of stock in air-fines. I am an aeronautical enthusiast myself and am looking forwat to narked developments hi tha field fat t believe they should be achieved without raiding tit treasury, the people bate enough tax burdens on their backs as i fs. Furthermore 1 am going to make the prediction that the man in the White House is going to clean up some'more dark spots in the very neat hrture and my thought on the subject is "toofe power to him." t am one mem- bet of Congress who will help finish the Job now that it has been started. Tax Bill Still in Hand* of Committee j State Liquor Control Now Assured NoceanaHlr The Leader 4 * --— - F ° r wjllfn »* ««W»g f«r*e* tftr«teft«) wltt or l»re of ftfe land, at fttt th» Mt 6W«igrfeM *W« *j^ to trtt tae ivrtt bwitef is krrv a*d t6«p owt ot tfcft <Sii« »*ld that tat**** oilier »fre*dy set tMt tlwt proiiirse ranch appear OB Mtrfcree, tfte tfinlt trHf tfe* n«t«te* has mfy jtist both wftat shall w6 do td nelp i ae feootleggets after ife control act baa phased t Tnat itwlalltt S^ifttetta OT t in AHiona who *a« canght t tt nnel- ng Into a bank eTfdetttiy tnonght here wefe better w&y» of "g aftet" cipttaJ t&ftfl tfce toap net hod. HOTEL This again raises the controversy between those who be- Heve the federal Kovernment ment should take the Initiative to furnish relief and those who worry about the state of the national budget. Should you be In the latter class you can enjoy an additional worry by remembering that on the present basis of expenditure the CWA costB us about eight times per year more tlmn the English dole. On the other hand, we are Betting much actual good done by'the- CWA projects. History Week An Interpretative news summary of the Important erents of __. the past week. U. S. navy Is testing n loud speaker which will be shipped to Russia and it has a voice range of 30 miles. This is liable to be a serious threat to the recently established friendly relations between the two countries. One Japanese official has fixed the date of the Russo- Japanese war us November, J936. That should leave us Plenty of time to think up a good fool proof method of keeping out of it. February seems bound to add its bit of cold and snow to the winter —and just when we were congratulating ourselves on how much better off we were than those who went to California and Florida. Sometimes we shudder as w« think what would have become of radio during the depression if it was not for the national tendency to have poor teeth and to stay awake after drink- Ing too much coffee. for th enext 5 months of THE M AKE the most of your reading hours. Enjoy the wit, the wisdom, tho cpmpatiionshlp, the ehurm that have made the Atlantic for seventy-five years. Am- lerica's most quoted and most cherished magazine. f], (mentioning this ad) to Atlantic Monthly -irUngtou St, ( Secretary Wallace is making a strong appeal against what he terms compulsory regimentation >of agriculture and Industry. Yet, In answer to a questionnaire sent by the department of agriculture to southern cotton farmers, an' overwhelming majority of them stated that they believed the present reduction program should be made compulsory by the government. Those who favor compulsory reduction, we believe, have hardly considered the ultimate results of such a step. It means that a body of officers 1000 miles or more distant will outline the major policies of individual farms and that these farms must suppgrt an army of Planners, administrators, enforcers and others, all of whom will possibly get more for their efforts than do the farmers paying the bills. The fruits of paternalism, are so sweet that criticism of the policy is bard to make. After the long hard years of the depression the benefits of recovery thus far seem so genuinely pleasant that he is bold indeed who can publicly criticize the methods thereof. Yet H is more important now than ever before that our statesmen be alert to the dangers of unwise policies and that those of us who prize liberty be vlgilaat of our rulers. Secretary Wallace will do 1 to fend away from farm regimentation. At present it ooks as if such a course would be necessary, however, because of the nature of the farm re- to>ery program. However, lf a sufficient degree of voluntary cooperation can be obtained and local authority be given full control, the program* can b« carried out without th» forcing which would be necessary otherwise H> Glrndon Williams Although n general strike^ in France protesting fascist trends in the French government lasted only a day and was the final act of France's recent disorders Eu- ropo was not peaceful. A revolt in Austria by socialists fighting ! "gainst thfe sternly repressive measures of Chancellor Dollfuss brought bloody civil war to that exceedingly delicate point of Europe's political structure. Fighting In Vienna and other points in Austria continued at a fearful cost of life until Thursday, when the government's offer of amnesty brought the first surrenders by the socialists who were battling the armed forces of the state. By tho end of the week the fighting was largely limited to guerilla warfare. Casualties were variously rumored, unofficial estimates placed the number of dead from 1000 to 1600, with enormous numbers of wounded. In Austria, the end of the fighting found Chancellor Dollfuss and the fascist Helmwehr (home guard) in control of the country. In Europe, France. Italy, and Great Britain were apparently unanimous In a determlna- .,„ b, Hquors last For three days In the Senate last week that body debated a motion .to substitute the Harrington amendment for the regular i "l u or committee bill. The M«r» step Jn the demobll-1 rlngton bill would have retained control but would the sale of hard tno hands nf n* for der arsa tlon to keep Dollfuss in control, and to keep the Nazis out of control. in this latter determination the future was far from secure, for a large part of the offensive had come from Nazi followers In Austria, and it was generally be Heved that numerically the Nazi were the strongest party In Aus trla. , The solidarity between Franc, and Great Britain against exten sions of Hitlerlsm did not include solidarity on economic issues. A tariff war came Into effect when Great Britain levied an addtlon of 20 per cent duties on certain French Imports as a retaliation for French discrimination. • » * * The possibility that In the summary cancellation of the air mall contracts the administration committed a major political blunder came into prominence through the events of the week.'An indicator of the delicate nature of , the s ""ftion was the reaction to the publicised criticism by Colonel l J j ndDergh| the tollch r /. joinder by White House spokesmen, and the confusion of Democratic members of congress before the attempts of Republicans to read the Wndbergft telegram into the record. An explanation after the act by Postmaster-General Farley presented as Justification for the ab areas first the fact that many farmers, for whom work on the farm will start soon, are new on the rolla. * « * * The conference committee of managers of the country's railroads last week filed notice to railway labor of a 16 per cent reduction in the basic pay scales of railroad workers. This reduction, since it cancels the previous 10 per cent pay dw ductton, would mean an effective reduction ot 5 per cent, but would be the first reduction In permanent basic scales since the depression. The 10 per cent deduction was not a permanent arrangement, and will expire June 30 of this year. The committee suggested that conferences 'with labor leaders about the decrease should begin March 1. * * • * unprecedented shipments ournffiet >t resolution for an early ,1 at f', but 1the Senate caflttot 8ee i. ahead, A suggestion has " Ba(Ie that lf th «» »evera *i onrere ? ce comi "ltte* expected d ° not han * to ° long - «he session Concluded about March »»»rked by some mem- as this will be the last state owned atores. The amend- The Senate to ttct u P° n It t ? over notlce that it had • pmens of golfl to the United States since the government Issued Us stand- in* offer ; of $35 per ounce are continuing. Although $220 000 000 in bullion has come 'since Feb. 1. when the offer first became effective, the movement is not diminished, some $100,000 000 Js expected on liners arriving next week. Rising gold prices are cutting the profits from shipments, as the foreign exchange prices near the limit for which shipments are profitable — and as insurance premiums for the shipments grow higher as cargoes of gold for each large liner grow larger. The exact proportions of the sources, of the shipments are not inown, since th^re Js BO Jde»ti. acatloa for gold bullion brought «» y A*^ r f eUM who bftd expatriated their capital In 1931-1933 10.., :.. tlu Mon day, the 19th, so the Senate did likewise, aiembers of the Senate were In a tough spot throughout this 'debate. There are some who want no liquor bill; they are prohibitionists. They Indicated favor for the Harrington amendment, with open threat that they would vote against the bill after" U was f » • » d e «j| • Many talked at length on the two,,propositions. You might have taken their talks as educational for the prohibition cause or as admonition against the evils of prohibition. It is said that few if any votes were changed, by all the talks made, but if there were such changes, they are as much to be credited to the able presentation of Senator Joe Fralley of Lee county as all the rest. Fralley Is chairman of the Senate liquor control committee —a hard bit- ting, vigorous and caustic critic of opposition. However, he made he state control plan stronger by his reasoning that with a state commission of five members carefully selected, <UBroDer8 ' ment, called'In a large number of representatives of farmers, banks. Insurance companies and lawyers of the state. A committee of 27 was selected to set up a state-wide county organization of five men In each county In the state. These five men will then be able to hear the case of any reatloa quarters, and for fears, headquarters of Iowa R«publican Party. — ~-— • »—».» Q 0 Hf O » town location. Horn* of th« fimow Floren- Hn« Room .nd tl»o S*v*rr Coffee Shop. 330 Rooms 36O Baths Every room with runnlnalcew.ter.nd •f rvldor •ervlco. eroes OF THE . e dispensaries may , b e se t un in , n n uch cities and towns of the state' a the commission may decide ors for the profit and for investment in .American properties. Washington By Mr ' w - Wortmaa.of Malvern R "°" of the the sus- I here is qu| te a little discussion as to whether or no horse will come back, ut us \ '--omrftsr 6118 ^ 111 Enjoy Tliif Pintr Quality 1101 f • n • n ''Fr«K fro* tiit GwdW' m , . ---- -—..!.» M<b|.(J lUV PUl Piwon that the structure- of air ma 1 subsidies was built by cul lusion and discrimination in | a vor of large operators. The attempt by Transcontlnen al and Western Air to obtain an Injunction against the abrogation of the contracts failed as the New ' ederal dl rct court in ' jurisdiction. cJatiii.f|iB4u cuittiuerctal on- erators that the army lacked tb% equlpinen^ and experience to suc cessfully carry oa the servlc* w given some point by the losa » hre e army pilots who to •- — -sp* w*»*w *f« »M "fAltUUu Bu* *Sw?tSL | sa [ "Spy* ir&L% i r^i« «•«»_* ^=^^* ™^WH^ ™ . and Mr. Frank Durbin of » quality may be handled, and at no profit 1 except such as/will pay ewenses O f the operation, pl tt » enough to return the half ; ro jmon dollar revolving fund to the Earlier la the w«£ tt the Betting an ameodment Into ASP* Kurrleaiy opened the <Joor of * power «*"« «» d *w a wmmtfa inside, *» tbwTOonwteV. ft . w, Afcove the hum of W»«* AtSM the took up ||, S 8gQ the «t, stopped over during the courge o a trip through) the past, 'M Wortman will ,. with me a tn ye»rs ago, New frleads I can ^ I4wt " vsn^ , , mit serving of an n hotel eating J a»»4 « was badly d Then private g^les 'advocates ft »d staye'd Mil the before voted Many an a » proyjsian ft, to l. tt to M SJ I» the ipWt of electric tervfce, *- t,S<^ V.' :JU: k.: |.«' fH: "M','^% , -f'k

What members have found on this page

Get access to Newspapers.com

  • The largest online newspaper archive
  • 11,100+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free