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Lincoln Journal Star from Lincoln, Nebraska • Page 8

Location:
Lincoln, Nebraska
Issue Date:
Page:
8
Extracted Article Text (OCR)

THE LINCOLN EVENING JOURNAL. TUESDAY, JANUARY 15, 1929. SEVEN THE PUBLIC MIND Says Stpte Should Pay. FAIRHUKY, Jan. the Editor: C.

M. Sklles thinks de- posltors of failed state banks should stand part of the loss, the the balance, after the banks 'have been assessed as much as they can stand. This is not quite fair. The depositors are divided into two classes, those who have been paid in full and those who haven't. Why should those depositors who happened to have deposits in banks that failed early--before the guarantee fund was favored over those who had deposits in banks later? There is a moral obligation resting on the state of Nebraska to pay every cent guaranteed deposits in full.

But there is no moral obligation 'to pay 7 percent interest'pending that time when the funds can be obtained with which to make payment' Therefore, from each present depositor's claim against the fund should be debated all interest which has now or will accrue. And whatever law is enacted to provide for such payment should specifically omit payment of interest. This will clear the atmosphere considerably, first, that the state intends to pay every cent of guaranteed deposits in full, somehow; second, the state does not propose to pay Interest on such deposits because it would be stretching the expressed or implied purpose of the A SMASHING MITT M'LAGLEN CAPTAI LASH ON THE STAGE pharles Gill Presents JOHN T. PRINCE (in person) In frie Lamb's Gambol prize 1 plajlet Christmas Letter" S1JLLY THOMAS 1 and "THAT" Not by Elinor Glyn BEWTELL GOULD "Thi Dancing AND RHYTHM .1 RAJAHS NOW NOW jy 5 Days More! (Cecil B. DeMille's Wth John T.

Prince and cast 6,000 a i Admission prices for "King Mat. 35c; Eve. FOc. Chil. 25c.

I Mary Lewis Exclusive Victor Artist A i Metropolitan Opera Company i ST. PAUL'S I CHURCH TUESDAY JAN. 15 $2.00, $1.50, $1.00 guarantee law to make It cover Interest on claims. The depositor, unless be had a time deposit, did not expect interest on his deposit while in the bank. The purpose of the guarantee law was to increase deposits, prevent withdrawals in time of financial distress which withdrawals, in turn increases the distress.

The quicker the legislature declares ff policy that every penny of these deposits will be paid In full, the better. If I were a member of the legislature I would introduce a resolution at once and demand its Immediate passage to that effect- It would allay present distrust of state banks and stop the revolving of the endless chain which is dragging down banks otherwise financially sound. At Superior within the past few days a bank, said to be perfectly sound, failed because of a run, caused by the presence in the bank of a stranger believed to be a bank examiner who remained un- ugually long. He was only a man with money desiring to buy stock in the bank. W.

F. CRAMB An Income Tax for Nebraska. LINCOLN, Jan. the Editor: I have just finished a second reading of a bulletin (No. 813) with the above title, issued by the extension service.

of our agricultural college. Prof. H. C. Filley of the department of rural economics is the author.

He discusses the entire subject taxation in a com-, prehensive and practical way. I find this question one that re- requires a real study, hence my having to give the bulletin a second reading in order to do the subject matter justice. It is worthy of a careful reading by every tax-payer and I append just a few points found in the summary: (1) The Income tax Is based upon the best measure that we have of ability to pay; that Is. upon Income. (2) The amount of the tax Is certain and known.

Any man "who keeps books can easily figure his own tax. (3) An income tax does not Increase the total amount of taxes raised. It merely shifts a part of the burden to those best able to pay. Professor Filley shows, by statistics gathered from our assessors, that the farm lands and farm properties such as live stock, machinery, of Nebraska, pay approximately two-thirds of the entire general tax of the state. This is shown by the deductions made frqm Professor Filley's figures to be a rank injustice to the owner of farm lands.

On the basis of income Professor Filley says "It is not ineommon for farm lands in Nebraska to pay from 20 to 25 percent of the income as and a few farms paid AS BIG A HIT AS 3 THE SINGING 3 FOOL" Al I Jolson "The JazrSinger" i A Warner Brothers Vita- I phone picture FOX MOVIETONE NEWS Shows 1-3-5-7-9 Come early and don't stand in line. I A Publix Theatre, i Benefit. Junior League Baby Clinic 2 WHEEL COMEDY! WILUAM VOX S.VJIAIX FOX COMEDY SPORTLIGHT TOPICS I A 1-3-5-7-9 more than 50 percent of net Income for taxes." When we consider the vast army of wage earners in the cities who pay no taxes of a general nature for the support of schools, city and state government; the inequalities of our present tax system becomes apparent. Then there is a somewhat lesser irmy of professional men--doctors lawyers, teachers, salaried clerks, who may own their homes, and some intangibles on which they must pay direct taxes. Their salaries, however, be they "large or small, are non taxable--save by the federal government.

Land owners who come within the range of city water mains, sanitary sewers, sidewalks, are driven to desperation to meet these special assessments. Every farmer or land owner, if properly Informed, should be an advocate of the income tar system. The farm bureaus and farmers' union of the state, I understand, are strongly in favor of this system. It is closely correlated to the repeal of our present intangible tax law. When our assessors are required to find a citizen's net earnings--whether it be by the labor of hands or brains--and place it on a par with all tangibles--then we may look for a reform in taxation.

Governor Weaver seems to be fully committed to the correction of our intangible--but touches the income tax idea very lightly. We must lo'ok to our legislators, however, to pass such measures as will bring about the reforms in taxation that are demanded by the farm interests of the state. COME TO OMAHA WORLD'S GREAT ESI Dramatic Spectacle Excursion Rates on All Rallronds Limited American Tour BY SPECIAL PERMISSION OF THE AUTHORITIES OF FREIBURG, GERMANY The Original World Famous FREIBURG PLAYERS In The Colossal Spoken Drama Freak L. Waller, Mvsfcal 1OOO PERSONS-CHORUS OF SCO by MONDAY TO FRIDAY JAN.21-25r EIERY SEAT BESE8VE8 SKATS SOW SKI.U7K. S-MMTS-5 n.

The City Manager Plan. LINCOLN, Jan. the Editor: E. B. Stephenson, your issue of Dec.

26, endorsed the proposed change in city government. He said: "If the intelligent voters and tax payers of Lincoln are once awakened to the importance of this matter, they can Insure a modern, responsible, experienced and intelligent management of city affairs. As a voter I ask for a comparison of the proposed plan the present, under the heads enumerated: First--A budget presenting a carefully worked out financial plan for each fiscal year. Under this head I would expect that each department of the city would keep a proper record of the receipts and expenditures, and the property of the city; and with this as a background would estimate the needs of another year in "consideration with the new developments, and outlook that could reasonably be considered. The auditor's report for 1927-1928 enumerates the several department needs which have been summarized from the departmental reports on page 9 under the head of "budget" Each of the five departments is included, giving a very intelligent statement.

Further details are shown on other pages of the report, apparently covering all of the activities of the city. What more would be required or given under the proposed change? The present plan is that each department head prepares his report with the estimate of needs and reports to the council. I could not discern from section 26 of the proposed plan where the alvantage would be to have a city manager make this estimate, as iC seems to me that the man in charge of the department would have a better understanding of his department than some person, AS a city manager, to whom the report would be submitted, who would at best only get a general survey, with practically no detail at first hand. Mr. Stephenson says that it is the plan of insurance companies and corporations to have a central responsible head, similar to a city manager.

I believe that it is almost a universal rule now to have the responsibility rest upon the department heads, and that the president or central head, occupies largely, only general supervision and acts largely in an advisory capacity. In many of the smaller corporations the president has charge of a department, and as president particularly, presides over the board of director meetings, and attends to what legal matters need to be performed by a president Lincoln has not yet reached the stage where tt is necessary to have an advisory head, employed at a large salary- The mayor at present occupies the position similar to a president of a corporation, and in our city has charge of a department and is alone responsible for that department's success. Each of the other departments are likewise un- der separate heads, who are alone responsible for their successful op- i PARKING WITH PEGGY "A lot of wives start the new year wondering whether their new models will be hats or husbands." would be giving him the information, they could sit as a council, get the judgment of all five, and make out their order, and do it quicker, possibly, than any expert, who would necessarily make duplicate records, at an additional expense. Third--There should an annual In- vchtory On page 5 of the city audit of 1927 is given, assessed valuation and bonded debt. A summary of total.

On page 9 I note a statement of the real estate of the city, giving details of the departments. this record it appears that the city has an accurate inventory. This is all that the proposed plan can furnish. Fourth--The amendment also prorldes for efficiency and economy by doing away with separate valuations, and using the same valuation for. city tasea that are used lor state, sanitary district and school districts.

I heartily agree with this section, but-why use it to boost the office of city manager? Could we not make this amendment without annexing the change to a city manager? The council is always willing to make such changes that will be beneficial to the city. As to the last suggestion of Mr. Stephenson, that taxes should be collected at one office for city and county. This would probably make a saving to the tax payers, and will undoubtedly be decided by a vote of the county before long. It is not a part of the proposed change.

One suggestion I believe would not be out of order--The city retains "a city attorney at per year; employes a deputy at $3,600 for full time, and a deputy at for part time. Why not employ two attorneys for full time at $3,600 and save the difference. The attorneys should be appointed by the council, not. by a head of a department. M.

H. WHTSTRUCK, 240 No. 33rd St Law's Operation At Fault. OMAHA, Jan. the Editor: There is nothing, very radically wrong with the Ngbraska guaranty law, as far as it goes.

The disastrous results of its operation, lamentable-we all admit, are logically the inevitable consequence of incompetence, maladministration and the absence of laws necessary to prevent improper manipulation, criminal exploitation and looting of deposits -secured largely by misrepresentation unchallenged by administrative authority, that the state was the guarantor of deposits. If, before wild-catting and looting became so general, the legislature had changed the relations of banks to depositors from that of mere debtor and creditor, by making the bank a trustee of every dollar of other peoples' money coming into its possession or under its control, making the corporation and all of its officials and employes unqualifiedly liable, both civilly and criminally, for every penny lost or stolen and providing a short and certain route to the penitentiary for every violator, there never would have been any deficiency in the guaranty fund. While it may be difficult to discover an adequate and applicable remedy for losses already sustained a very brief statute along the lines above suggested would go very far toward preventing re-occurrences of the blunders and crimes responsible for the present and appar- entlv irreparable WILLIAM Second--There should a purchasing agent reliable, who would make all purchases for the city (section 1C also Elves him power to sell any prop- I erty that has become unfit, ttc.) I agree that whoever purchases (or sells) should be experienced and reliable. Who would be better qualified than" the person at the head of the department, who has. ail the detail, knows the needs, and the probabilities, and is giving his attention to this part of the whole every day? I challenge any city to show a better records than the city i water and light department has made under the direction of Mr.

Schroeder. And I believe the other departments will show an equally good record in comparison with trtne- cities. I believe that I am correct in lai; that when purchases are to be made by oar ciiy, the sejiarate departments report to council what they need, and purchases are made in unison order to jret the best price. What snore could a ur-; chasing agent do? He would be obliged to get his information from the separate depart-1 inents. which wtva'd be general sum-: maries.

and then would be the sole judge of the amount, kind and i ity of materiels to buy. While the department heads STILL CASE LISTED. OMAHA, Jan. of six defendants in the Farrell building still case is scheduled to begin in federal court tomorrow. Attorneys for the defense are expected to ask for a week's continuance.

The still found in the building formerly operated by the Farrell Syrup company was the largest ever captured here by federal operatives. According to rumors from officials, names of several prominent citizens may be drawn into the renew? Strenth Dr. Pierces I (GOLDEN MEDICU, DISCOVERY SIMPLE HOME MIXTURE DARKENS 6RAY HAIR cinc nnati Barber Tell. How Any Ofte Can Prepare in 5 Wimrt "SOUTHERN MELODY KINGS" Tonight--Rosewilde LOOK! BIG DANCE FREE CANDY at the Rosewilde Party House Wednesday Ftiturinfl Jets' Adm. 50c Couple.

Extra Lady I0c- TAIL GIRL VIENNA IN FILMS Joseph Schenck Imports Mona Marls Russian Director, Eisenstein, at Work. BY MOLLIE MERRICK. (Copyright. 1925, by N. A.

HOLLYWOOD, Jan. tall girl has arrived in Hollywood to be a motion picture star. Mona Maris, famous Viennese beauty, was received with great blowing of trumpets. No less a person than Joseph Schenck is responsible for her being here. And her dark hair, blue eyes and unbelievable, oval-faced pulchritude would ordinarily presage a riotous hit.

Most of these foreign stars can act. The village girls, looking up from their five feet three--the conventional movie height--smile with a mysterious significance that would make the Mona Lisa look like Sophie Tucker giving an audience the glad hand. They are thinking of what cameras are going to do to that height. Cameras have a way of lengthening those who come within their range. Tall Stage Set Possible.

There is such a thing as the tall stage set, built to scale, which would automatically make the Maris the five feet three of conventional celluloidia. And for leading men--the village is full of handsome six foot 'three-ers and two-ers In any type you wish. Mona Maris isn't available for talkies. But then Mr. Schenck is quite openly antagonistic to the talking medium.

Or has been, up to this time. Minds are changed overnight in Together with the faces, the husbands and the color of the hair. Russian Director. Eisenstein is going to direct in Hollywood. That may not mean much, to you, but if you have patience I'll try to throw light on the situation.

Eisenstein is the lad who directed Potemkin, a Russian film which made celluloid history because the mass handling in it was the finest ever accomplished in the story of picture making. He has been working In a country that is making pictures for art's sake--with often a fine broad touch of propaganda thrown in for good measure. Like that idea or not, you have to accept the fact that despite poor quality film and a tendency to kill two birds with one reel, the Russian product has a strange life and vitality, and invariably finds a weak imitative echo in the American emanation. Behold, then, Eisensten going into the mill. Punching the time clock, yessing the boss, conferencing with the conferenciers, and pulling down a big fat salary with the rest of those employed in the interests of Goddess Cinema- Little Written Technique.

Douglas Fairbanks, have to designate them these days--once told me that very little Intelligent technical material had been written on the mechanical side of movie making. And that the most valuable knowledge on the subject was to be found in the brain of this chap Eisenstein. Yet Eisenstein, coming into the village where immortal opuses (or is it opii) are turned out with the rapidity and similarity of form of any spaghetti machine, resorts to DAILY PUZZLE. What kind of a Storm Is This? Yesterday's answer: The third finger of the hand is not the longest one. practical joking--at per joke to earn his living.

Some wag would give the unknown genius a fifty so he might sit. back in the corner of a dining- room and watch Eisenstein, whom the professional public didn't know by sight, go up to some famous figure in movieland and with inimitable, apologetic mimicry, convey to him that he was eating his fish with the wrong fork. A Film Joke. She, look at that handsome young man with the brilliant eyes and the jet-black hair." He, wearing him?" DIES AT ELMWOOD. Neb, Jan.

15--Lloyd Dallas, son of Mr. and Mrs. William Dallas Dernier, died here Friday evening. Many Get Back Young Appetite Quick lunches, usually cold, gulped down so the "dinner hour" will not be over before you can do a little playing, is the best way to ruin your stomach, and you suffer from indigestion, heartburn, bloating, nervousness, headaches; and, worst of all, you get and weak. If you must eat that way, always keep a package of Pape's Diapep- sin handy so you can chew one of the, pleasant-tasting tablets after your meals.

It keeps the food sweet so your stomach can digest it. Follow' the experience of thousands who again have a young All druggists recommend and guarantee Pape's Dia- pepsin to relieve indigestion and sweeten the stomach in 5 minutes. --Advertisement. cannot be without a clear kifv "EVERYBODY -wants to be tractive. It is a great and just ambition.

But no one can be attractive -without a clear gHn--you know that. Do yon realize the importance of pore, rich blood in preserving: the health, and that the source of-most skin disorders is in the blood? Bemore the cause, -which is uot in the skin itself, and pimples, boils, eczeaaa and that sallow complexion will disappear. Yon may have tried many things without relief. "Why not toy S.S.S.? is extracted' from the fresh, roots of medicinal plants --purely and herbs, and gives to Nafirrs what she needs in building you np so that your system throws off the cause. When your system is filled with rich, red blood, you don't have that tired, languid feeling when you awake in the morning.

Instead, you feel refreshed, ready to meet the world. Your appetite is keen--you enjoy work or play--your skin is clear, cheeks naturally rosy. All this because rich, red blood builds and sustains the body. For more than 100 years S-S-S. has been giving reMef In thousands of cases, as testified to in unsolicited letters of gratitude.

The Store for Style Wednesday A Special Sale of Easel Photo Frames Beautiful swinging photo frames--finished gold or silver, sizes 4x6 5x7 6x8 8x10 complete with glass. Bring in your pictures and select an easel frame at-- Exfra charge for fitting -Floor three Price Silk Shades --for Junior and Bridge Lamps--now reduced-- Dinnerware One table of Odds and ends--now reduced-- CHINA, PICTURES. GLASSTFAKE--Floor Three January Sale Wall Papers "Continues Our 1929 Wall Papers are arriving daily and we must dispose of our 1928 stock. Buy your Wall Papers now and take advantage of these January discounts. to off on our entire stack of Wall Papers, --(1929 papers jiot included.) Picture Framing Bring in your Christmas photographs to be framed during this sale.

--FLOOR FOUR. Wednesday" Special Sale of Two Electric Sewing Machines Table Models Here is a real opportunity to secure a high grade Electric Sewing Machine at a great saving-. Built-in Motor twenty year guarantee with each machine new and advanced in every particular--and a beautiful of furniture when not in use. Only two machines to be sold at this price. No Old Machine Allowance on this model.

Factory Price $145.00 --STREET FLOOR. Advatice Spring Showing of the Famous PRINTED FABRICS Guaranteed Fastcolor Spring calls for lighter. more colorful fabrics and new "Year Konnd" prints for Spring offer a charming means of expression for the woman who sews. --Strikingly original in dearly rendered in the most delightful coloring? are easily and inexpensively made up into all manner of lovely things for you, for ihe children, for your bom Perfectly a fa- able, guaranteed fast Any man or woman can easily twenty years younger by simply darkening gray, faded. or streaky hair.

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Advertisement. All flror In two It tnorr a clear skin comes from within year Round Printed Zephyr, yd. T'DC Year Round "Charmeusette NEWSPAPEJRfl.

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Pages Available:
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Years Available:
1881-2024