Arizona Republic from Phoenix, Arizona on February 17, 1941 · Page 3
Get access to this page with a Free Trial

A Publisher Extra Newspaper

Arizona Republic from Phoenix, Arizona · Page 3

Phoenix, Arizona
Issue Date:
Monday, February 17, 1941
Page 3
Start Free Trial

Arizona Republic, Phoenix, Monday Morning, February 17, 1941 I*age Three Of America's Pocketbook- Expects More Revenue Than Ever Before -. mimt 11 '!» condition of the United Statm treasury, of tbTwoi* «« *•» *•'«"• •P»«"* OI wo •" r .,_. -M -1*. 4I.JI.. _*< protnunT In the tint of six dally arttclM, at the butt for situation. Tomorrow: Scanning likely new tax aonrcei.) Feb. 16—(AP)—Before congress gets through its program, it will have arranged for the spending i'**" "mount of money than the United States poured out in « tfllter J.T of its World War spending. -—*™" • • that it is turning out guns and soldiers and ships and airplanes at top speed, the government expects to be collecting more in taxes than it did during even the richest collection period of the World War days. And any more changes have been made in this without than already the tax schedules. Even more will be brought in after this year's tax "11 is produced. Exceeds 17 Billions The spending outlined in President Roosevelt's budget message will run to $17,500,000,000. To this must be added whatever aid is finally voted for Great Britain and the other embattled democracies, either in the present lend- lease bill or in other defense plans that may be involved before the end of the 1942 fiscal year June 30 of next year. Even if the aid to Britain is held at the minimum amount that is mentioned, the national spending record of 1919 will have been excelled. That would add two billions to and shrewd refunding had whittled down the interest charges so that it actually cost the United States less interest on a public debt of 43 billions in 1940 than it did on one of 22 billions in 1923. The interest charges were $1,055,923,690 in 1923. For last year's much larger debt, they were $1,040,935,697. High Debt, Low Interest Thus the situation stands at the beginning of another rearmament period. The government has a high debt, a low interest rate, a tax machine that is producing revenue at a pace equal to the all-time high. Yet its rates, in many respects, are not as high as they were during the World War peak, nor does it cover quite as broad a field. Each war period through which the nation has gone has lifted the level of spending. Before the war of 1812, the total federal expenses ran at $10,000,000 a year or, usually, less. Afterwards, they sagged to 15 millions only once. The highest spending year before the Mexican War was 40 millions, and that reached only once. Afterward, the low mark was 44 millions. The peak before the Civil War was 82 millions. Afterward, it never fell lower than 265 millions. Top spending before the Spanish-American Line Crossing Is Made Easy By JOHN 1EAR NEAR QUITO, Ecuador—(Correspondence of the Associated Press)—I am standing right smack on the equator, and cant feel a Motoring Is Vaudeville Show ********* avalcade Of Cockeyed Occurrences Takes To Highways, With Odd Results fthe cost is high, although at caSul examination it I be tod to say how much than to Berlin. |muH>iit any «iHHtion pads to ire g*y« than Ber " eflwman capital never H» I"* 18 ta ** Eeontoart irith Berlin is de- I and that Paris by com- i -with prewar days, is flvely subdued. strict police regulation ol ies all night clubs prompt- ,_^m. Reputedly there: Lee or two which have man«to obtain permission to stay [in hour or two later. .. iParis, while there is an official oe time, countless exceptions J&. Many of the most popular orants-with floor shows go at until 3 a. m and later, et means guests either must [home or hunt one of the few horse cabs in the city. I German restrictions on gasoline i driven all motor taxis from fitreets and the subways quit before midnight | U 8. Music Is Popular j aH odds the most popular jt in Paris night clubs is Amer- f f\o which a number of German ;:r Wa always listen but few dance. t the night We is not an ac- ji representation of what has •'jMy happened to Paris since pe up before the German drive (tone. the 17% already budgeted. Other odds and ends might easily bring the total to a minimum of 20 billions for fiscal 1942. The top World War figure was reached- in fiscal 1919, covering the last half year of the war and the first six months of the armistice and peacemaking period. It was $18,885,000,000. Twenty billion dollars is not cow feed. A man with 20 billion dollars could give a shiny new automobile to each man, woman and child in the six New England states, plus New York City, and have enough left over for a fleet of yachts and plenty of popcorn for himself. He could give J150 to each man, woman and child in the United States, enough to supply each average-sized family with 5600. The biggest tax yield the federal government has ever had was in Eiscal 1920 when income taxes, excess profits and a wide group of excise and nuisance taxes were threaded together to catch the overflow from 1919's topmost federal spending year of the World War period. This netted seven billion dollars of revenue, just about the same amount the treasury figures it will get for fiscal 1941 which ends with this June. But for the 1942 fiscal year- even without a new tax bill—the treasury estimates, built upon the War was 448 millions. The low afterward was 607 millions. The top before the World War was just a shade more than a billion dollars. Since then, the government never has spent less than four billions a year, no matter what party was in power. Letter Shows Heroic Spirit Another example of the indomitable, heroic spirit that has become the commonplace in England was received here last week by Tom H. Evans, 1906 West Monte Vista thing. I'm not even perspiring. Quito is more than 9,000 feet above sea level. Then how can I be sure I'm on the equator? Well, there's a line painted in white on the ground here and a monument which says this Is the equatorial line. It is said to be the only spot in the world where the line actually is marked off. Tourists like to come here and stand with one foot on each side of the line. Others make a ceremony of stepping over the line and recording the precise moment Some jump back and forth and then write to the folks back home "I crossed the equator 16 times in three minutes today" or some such dramatic message. Tackles Housing Problem Little Ecuador has tackled a self sustaining low-cost housing pro gram for workingmen which seems to be working out. The money comes from the funds of Ecuador's four-year-old social security system, to which th worker and the employer each con tribute an amount equal to five pe cent of the worker's salary. After 20 years the worker may retire on a pension equal to 60 pe cent of his salary. Loans from the funds are mad to workingmen for construction o houses, payable in 20 years, wit the government taking a mortgag on the house as security. Colony Is Begun Nine families driven from Spai street. Phoenix letter from his Greenhalgh of No. 4 Blenhien avenue, Whalley Range, Manchester. The letter was a welcome relief Lo Mr. Evans as it was the first letter he had received from his sister in almost two years and confirmed the fact, however contractor, sister, Mrs. in a Eliza may be the times, she is r trying "still an ti- scenes are duplicated In ; lines of women shoppers before stores for milk, kind other food supplies. Many bof clothing still can be bought hot ration, but prices for the Equalities of goods have soared Ik some instances doubled. Here ate not so many Ger• soldiers on the street* as •bad been led to expect, but mrfwhere they are apparent, meOmet singly, some times in pups being led by guides «attag out the sights of Sere is no great evidence pub- rot French dislike for the oc- ftm troops, who, neutral ob- WE say, have been conducting selves in strictly orderly man Americans Treated Well wever, the same observers say slowness with which French and industry is reviving regulations imposed by the is has cooled earlier enthu- fact that it will get a full year's yield from tiie new tax increases and the confident expectation that a rising national income will set more people to paying bigger income taxes, call for collection of % billions of taxes. One Big Difference That is enough to give a thousand dollar automobile to each man, woman and child in the state of Illinois. It represents $62 from each person in the United States, a sum that would sound considerably larger if it could be apportioned among the taxable population. There is one big difference between the World War period and the present that does not show in the comparative figures on spending and tax intake. In 1916, the public debt stood at about a billion and a quarter dollars. The treasury brought in 48 millions more of revenue that year than was spent, though the three preceding years had seen small deficits, two of them for less than half a million dollars. As the World War spending mounted, the nation saw three more deficit years, two of them years in which the government spent nine and 13 billion dollars, respectively, more than it got in nue. Public Debt Pulled Down Despite the heavy taxes of the Evans x x x and still trying to work to keep going". In her letter, Mrs. Greenhalgh expressed her joy in receiving a letter from him for the first time in two years, although he had written several to her in that time. She said she had written twice before. War certainly has been no respecter of the Evanses' correspondence. Manchester, in the heart of the industrial English Midlands, has been subjected to some of the Nazis' severest air raids and the Phoenician's sister has not been spared. "I should not like you to see the conditions I am living in at the present moment," she wrote, "and I am not alone—there are hundreds more. All I can say is I thank God He has spared my life up to now. I have not any roof on my home and am not as good in health as I should be. "I cannot tell you too much and dare say you know quite well what is going on." She referred specifically to the pre-Yule visit the Nazis paid the British industrial sector. "He (obviously Hitler) ruthless visit the Sunday Christmas. You would not see the by the Civil War have arrived t begin a farm colony in a fertil valley of the Andes. The New World Resettlemen Fund, Inc., which brought them hopes to bring in 5,000 families t help develop Ecuador's underpopu lated rural regions. Bodies Of Two Yielded By Lak LACONIA, N. H., Feb. 16— (AP)—The bodies of a man an a woman were recovered toda from the bottom of Lake nisquam, "where an aut< plunged through the ice yesterda while crossing the lake. The man was identified as Clyd E. Nutter. 38 years old, Gilman ton, N. H., garage owner. Th woman was not immediate identified. She was about 35. Police thought at first the worn an was Nutter's wife, but lat learned his wife, an expectar mother, was at home. NEW YORK, Feb. 16—(AP)— ou may or may not be safe on the ghways these days, but the way hings have been going, you ought get a good vaudeville show any- ay. The Cavalcade of Cockeyed Oc- urrences last week was mainly a lotorcade. A truck in New York hit a parked car and then five cars hit the truck ... A parked car rolled down a hill in Idaho Falls, Ida., and disappeared under a haystack. ... An Irvington, N. J., man who •on a national award for seven ears' safe driving was discovered have been driving without a nse . . . A Santa Clara, Calif., motorist, arrested for going 60, lamed it on a very strong tai! vind—a very STRONG one... And Fulton, Mo., man got a $10.50 uto license for 50 cents, because m the way to the license bureau he lit a wolf, bounty $10 The victims of a drive on illegal parking in Boston included 50 po- icemen, the attorney general " Massachusetts, and the governor And a Pueblo, Colo., jury acquitted a man of a drunken driving harge, but convicted a back-sea' passenger on the ground that he vas better able to pay a fine. Discoveries of the week: ... In Waterloo, N. Y.: A cross- eyed cat with seven toes on three feet and eight toes on the fourth ... In New York City: A man who makes his living imitating a rabbit ... Progress department: . . . Charlotte, Vt.. minister institute 'town meeting" church services where the congregation can tal back ... And the Merchant Tailors Association announced bright-col- red linings for suits, so men can ndulge their passion for color in- risibly... A Detroit prize fight ended in a ouble technical knockout ... A avannah, Ga., woman got a letter hat her husband mailed her before Jiey were married ... A St. Louis " loldup man, asked by a victim how iusiness was, replied: "Fine—I' m making about $100 a day" . . And a Minneapolis man was so exasperated by his in-laws that he wrecked all the furniture in his house. Couple Reunites After 33 Years OMAHA, Neb., Feb. 16-(AP>— Vlr. and Mrs. George I. Searle of )es Moines were reunited in marriage here today after a separation of 33 years. They were married the first time n Des Moines in 1905, but were o> rorced three years later because of 'a little misunderstanding." Searle spent 30 years in the army, ncluding eight years as a cadet in- luestionnaire Gets Startling Answer CHARLOTTE, N. C., Feb. 16— AP)—Selective service Board No i here mailed a questionnaire tc a man at the address he gave. The envelope was returned un delivered and on the back wa scrawled this message: "Listed Ruben have done left m for three monnts and I don't knov whear he is this is his wife tellin structor !n Xca»o, then retired last June. X - Searle remained £ Des Moines, .. arking in a o' > bl Jtecently he w- ^ -tier ..o Mrs. Searle, she answe><") —"i the reunion followed. Jews Honor Wilikic LOUISVILLE, Ky., Feb. 16- •'.-•-r' Wendell L. Willkie today was vote.j the annual award ot -the 3e^ War Veterans of the United States in recognition of his "outstanding example in leadership in promocipn of Americanism and democracy. When Your Doctor PRESCRIBES Y OUR doctor's prescription calls for certain drugs to correct certain conditions. Nothing else is quite as good or he would have so prescribed. We never substitute. That .is why we have the largest stock of drugs in the state ... all kept properly under correct temperatures and conditions. FAST FREE DELIVERY TIL 10 P. M. PRESCRIPTION PHARMACY^ Professional Bid*. PHONE 4-4111 WAYLAND'S 13 E. MONROE •fauidq -that says: You con host HOT WATER Anywhere with BU-GAS Service. SBUGASH TLotuntU. Cjoj, FOR HOMES BEYOND THE CAS LINES FANNIN'5 FIVE POINTS free Prime lor co-operation with Ger- probably are 300 Ameri- remaining in Paris despite the * department's advice of long ijogetout And the Americans ttey are treated with consider« by German officials. o— ociety Honors ^orman H.Davis YORK, Feb. 16—(AP)— H. Davis, chairman of the n Red Cross, today re- the 97th anniversary award Bliai B-rith. Jewish service and Hindsight and ForMight— Life Insurance is a Career Today An eighteen-yearoW boy writes me: "1 am entering college In the Fall, and want to plan my course with an eye to my business fatute. Will you please tell me frankly what qualities I should poems to be a successful life insurance agent?" i ~— organization. 3ne award, a plaque symboi- - Jonor, duty and achieve' .*£* given in recogni- of Davis* "humanitarian *,»_*•« and his insistence ! ' «M officials that American ' rLlK 16 * sent *° Poland Munrumted on a non-cectar- '"-'. te^S tt (S award, Davis said •y f« before Italy's entrance into the f »i_-, j j*~* «*n.*«m,e Aiitu uic drw V th .? P° rt of Genoa tte .J^ 08 * had contributed $1,000,- fffl CCLSh and surmise- **» *^.i; n .. A ilies to relieve .. JR•»** • »»»Hi***ca LU iuii f-. K? emB of poll sh civilians. •"» powerful alchemy of the "B Hag works to dispel to at least the petty ani- ana despicable hatreds 1 by the war," Davis said period, these deficits lifted the public debt to a 1919 peak .of 25 billion dollars. The per capita debt had stood at $11.96 when the war started. It was $240.09 a person at the World War peak. From 1920 until 1931, the government turned up regularly with more'money coming in than it had going out in spite of tax reductions of that era. The public debt was pulled down to a flttle under 17 billions, a per capita of $135.37. In 1931, the series of depression deficits set in. The government broadened its policy of public service began to spend more. The debt rose again, billion by billion. At the end of the 1940 fiscal year, it stood iust under 43 billions for a per capita debt of $326.43. It is now nudging the old 45-billion-dollar roof that congress had laid upon the public debt—and through which it had to saw a hole last year when the defense drive started. Shrewd Refunding Aids The federal government waspay- ing a little less than $23,000,000 of interest on the public debt when the World War started. At the peak of the World War debt, it was paying just a billion dollars more than that. By 1932, the interest charge had gotten down to just a shade under 600 millions. By 1940, it had crossed the ba- llon dollar mark again. But, despite the fact that the public debt was almost twice as large in 1940 as in 1923, a revamping of the debts same old England you left." (Mr. Evans left his native country -° years ago.) "Anyway, I know what you would say to me," the message continued, '"Keep your chin up'." And then—"I am still an Evans. I am still trying to work to keep going." The letter closes on "a business as usual" note with references to mutual friends of the Evanses who send regards to the Phoenician, 6,000 miles removed from the scene of his childhood, now largely devastated. Written on January 14, the letter was almost a month on the way. On one side of the envelope was pasted a-label tersely testifying to a country at war—"Opened by Examiner 5714." Carbon Monoxide Kills Young Trio HASTINGS, Mich, The bodies of three sons, the victims of carbon monox- Feb. young 16— per- ide poisoning, were found in an automobile parked today , on a secluded road along Thornapple The dead were Miss Ruth Woodruff, 24 years old, Hastings; and Raymond W. Serven, 21, and William A. Rogers, 18, Middleville. Glen Bera, sheriff, said fumes seeped into the automobile, whose motor still was running, through punctured muffler and loose Ton should be a man with a sincere interest in and sympathy for human beings. It you sincerely like people and if you can get deep and enduring satisfaction from the knowledge that your efforts have served to lighten the economic burden and make more bearable the misfortunes of 1 others-then you possess a most essential quality of the good life insurance agent You should be able to discipline yourself, and manage your own work. By the tune you start your career, you will perhaps have taken courses on life insurance In college, and your company will no doubt put you through a course of intensive training-but after that you will be more or less on your own. You will meet stiff competition, not only in selling, but in rendering service. Selling will be only a part of your job. You should acquire a knowledge of some of the essentials of economics, finance, business organization, taxes, estates. You will spend much time in advising- your clients about their existing insurance and in keeping yourself informed about their changing circumstances. You most' make yourself the authority on family security in your comma- nity. Life insurance is not an easy path to great wealth; a few agents at the top, as in most other businesses and professions, do make substantial incomes; the average agent can. took forward to a good Bring. If i you want to "make a kffltag, - j you wffl not be happy In We in-' surance. The American people believe m life insurance and are entitled to a professional type of service, from agents. If this kind of work appeals to you there is a career for you in life insurance. BOSTON STORE TREMENDOUS WHAT trouser SUITS 2 Pr. DOUBLE the Wear Every suit a new spring pattern. Evtuf suit a fine all wool material. Regulars, long and short models in single double breasted styles. Hard finished worsteds, fine herringbone tweeds with contrasting gabardine trousers to match. Blues, greys, brown and tans. Wonderful suits for this special price. Buy now, wool prices are going up! THIS REGULAR MONDAY COLUMN U 1 .peak to the 64 mlllio. AmerioM "«•• » Inrtinu of life Inrauta, M Eul 42»d Sb. N«v York Qlr- HARD WATER ^/MONEY T~ down en, family expenses by using Soft »ofer. tinder our modem plan of a low *j*&ly rental service, your actual cash sav- *B»aore than pay the cost of having all the *°ftH r aferyouwant. Phone ns for FREE trial *" B r. No Equipment to Buy. •OFT WATER SERVICE Douglass McPeak, Mgr. T y Phone 3-1812 HEATING EQUIPMENT for Coal, Oil or Gas : American BoHers and Radiator Heat— SUNBEAM Warm-Air Furnaces and Winter Air Condition- PLUMBIHO FIXTURES in white and 11 attractive color*. ers— Coosuff your Heating and Plumbing Confracfor R MERICAN ADIATOR CORPORATION VitUtuufi HMtuitf and Plambint **• too topoTtv* to health to b.-n- trusrtd to uiyone but But- tag mniflambint Contractor*. tart Irtm h Steel BoUera fc Furnaces for Coal^Kl, Gas • Radiator* • £ Plumber** Brass Gooda • Winter Aif CooamgnjngjJnjtg^^Coal fc CopRicht mi-antririn BidUior * SUndard BinlUU CorporiUon Cart Iron En&ieled h Vitnou* China Jlumbi 5as Water He»ttr» « Oil Burners « Heating YOUR NEW SPRING HAT IS HERE! STETSON Playboy $ 5 Finest featherweight felt with snap brim. Every new spring shade. Absolute tops for Phoenix wear. New Spring shades. Other hats, from 1.95 7 BOSTONUN HATS by Dalton 2'' 5 " 1 "'3' 50 Every width brim. New pastel shade* for men. Various bands. Very lightweight THE MAN'S CHOP. MAIN FLOOR

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,200+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Publisher Extra Newspapers

  • Exclusive licensed content from premium publishers like the Arizona Republic
  • Archives through last month
  • Continually updated

Try it free