Arizona Republic from Phoenix, Arizona on February 19, 1941 · Page 38
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Arizona Republic from Phoenix, Arizona · Page 38

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Phoenix, Arizona
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Wednesday, February 19, 1941
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Page 38
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Page Two i Film- Lecture Times Fixed Presenting his lecture and motion pictures in color, covering his recent trip down the Green and Colorado rivers, Barry Goldvvater will appear at the Orpheum Theater at 3 o'clock each afternoon and each evening at 8:45 o'clock today and tomorrow. The engagement which will be In conjunction with the Orpheum's regular program, will be for the benefit of the fund for summer camps for underprivileged boys and girls. The pictures, the most complete yet made in color of the difficult route, have aroused the widest-interest, in former showings locally, as well as in the many other Arizona communities and eastern cities where Mr. Goldwater has appeared. His trip covered 700 ri „. miles by boat, and required seven -The wepks for completion, traversing largest the major canyons of both rivers, through some of America's most inspiring scenery, including the Grand Canyon, Lake Mead and Boulder Dam. The lecture, recounting his experiences along the hazardous route, bring the pictures to the height of realism, in describing the journey which has been attempted by fewer than 150 persons. Mr. Goldwater's party included the first two women ever to complete the trip. National recognition has been accorded Mr. Goldwater's presentation, through his appearances in the larger eastern cities as well a: in several Pacific coast cities, ant he is planning an extensive trip which will include many more requested visits to important cities to result in invaluable publicity for Arizona. Anna Neagle in the Technicolor production, "Queen of Destiny •will be shown in connection with Mr. Goldwater's lecture and film It was announced. The regula- •how will be continuous. • . • . - . - - < ' . . - . < f. ' O Arizona Republic, Phoenix/Wettneday Morning, February 19;. 1941 Trek Obtains Big Response Approximately 400 reservations for the annual trek to Superstition mountain March 9 have been made with The Dons, it was announced yesterday by J. C. Bonnell, jresident SENTENCE SERMONS By THE REV. BOV I* SMITH It Is Not By— —Luck that the great lives are —Pull that the great work is —Misfortune that the greatest sorrows come. —Bragging that the real results are accomplished. —Complaining that life Is made easier. -Jealousy that one holds the love of a friend. Deception that one finds his way to lasting joys. Theft Suspect Runs Amuck A 20-year-old probation violator, arrested by deputies sheriff yesterday afternoon on suspicion of theft, ran amuck in the sheriffs office, kicked Lon Jordan, sheriff, in Oie shins, and severed an artery in his own right wrist punching out a pane of glass in a door. The suspect was taken upstairs to the county Jail, but his actions there, despite his injury, continued so violent, and caused so much loss o£ blood, he was removed to Good Samaritan Hospital, where he was given a transfusion. His condition last night was fair, an attendant reported. Trouble Begins Early Deputies arrested the man and dnother 20-year-old suspect at their Grand avenue auto court cabin, and had trouble subduing the former all the way to the office. Once there, he showed his full temper, kicking the sheriff, banging tele- number advance represents reservation the list ihones, che*club has had in the eight years t has conducted the outing," Mr. Sonnell said. U. S. Aid Ends Arizona Study Justin Wagy, personnel consultant for the Social Security Board, expects to leave for Washington, D. C., today or tomorrow, after spending about a week here examining the setup of the Arizona State Board of Social Security and Welfare, with particular reference to Operations of the merit system. The federal aftency requires that all state systems that operate under its jurisdiction and spend federal money use the merit system originated and established by the federal board. The object of Mr. Wagy's study Is to determine just how closely the merit plan has been adhered to with regard to the hiring of em- "The remarkable part of it to us is that nearly 200 of the reservations have come from persons not now in Phoenix, but who will be here for- a winter vacation at the time of our trek. Boston, Mass., New York City, Philadelphia, as well as nearly 20 Midwest cities are represented in the list 'The majority of these advance reservations have been handled through the Phoenix Chamber of Commerce office, where persons write to ask about the trip. It shows the great value of continuing publicity on something wortii while from year to year." Last Sunday club members worked on the job of preparing the base camp, and left the road for a later and dryer date. This year's program, according to Mr. Bonnell, will follow somewhat the features of previous treks, but will have several entirely new entertainment angles. Those who visited the base camp said the wild flowers and the greenery of the desert will give the trek an entirely new and beautiful setting. Down the course oi Peralata canyon a clear stream is running and gives promise of continuing for many weeks. breaking the glass, and spilling' blood all over the chief clerk's desk. He attempted the same procedure in jail, but loss of blood soon weakened him and caused his removal to the hospital via stretcher and ambulance. City detectives who followed the call to the Grand avenue address found two pairs of boots, a leather coat, tweed jacket, a radio, and several blankets, all believed stolen. Some of the articles were identi- r ied later by Lucille Jones, 1937 East Van Buren street, as part of .he property taken from her home January 28, officers said. -Oat Of America's Pocketbook- Remodeling Of V. S. Excess Profits Tax Seen Necessary (EDITOR'S NOTE: tlblc enlM ' glvlni the Tomorrow: The Income tax.) WASHINGTON, Feb. 18— <AP)—Back in September, a group of senators and representatives culled the meat for an excess profits law from a pound and a half of legislative chop suey that'had been dropped in their laps by their respective houses of congress. What they wanted to make of the law was one that would feed the Suspected In Other Case The men also are believed to nave stolen 703 pounds of alfalfa seed last week from the Northrup~ Casa Grande of- King Company, ficers also are seeking the pair Nuggets Contest Winners Named Winners of the Nuggets magazine writing contest held last week iy members of the Phoenix Union High School English department classes were announced yesterday by Miss Delpha Davis, faculty sponsor. Taking top honors in the junior'- scnior short story division were: "Enemies", by Fay Woodward, first: "The Friend", by Lenore ployees. The personnel executive, who operates out of Washington, is making similar studies throughout the western region. He will report on his findings direct to social security headquarters. The state board met in regular session here yesterdays Officials said that only matters of a routine nature were considered. State Changes for investigation of car thefts, it was learned. The injured man is on three years' probation on a burglary charge, a probation officer said. Story Of Canyon Is Lecture Topic The life story of the Grand Canyon will be told by J. W. Hoover, Arizona State Teachers College at Tempe professor, in an illustrated lecture to be given at 8 o'clock tonight in the Arizona Museum. Mr. Hoover, with the aid of lantern slides, will tell the story of erosion through many thousand feet of rock that took a mighty silt-laden river millions of years to accomplish. He~also will tell of the river's history in the annals of white men, beginning with its discovery by Don Garcia Lopez de Cardenas and 12 companions more than 300 years ago. Clark, second; and "Bassiem"', by Mary Whiteman, third. Junior- senior essays: "In the Graveyard", hy Lenore Clark, first; "A Hairy Lament", by Joyce Ann Morgan, second; and "Philosophic Deer Hunt", by Ralph Bryan, and "In the Forest", by Earle Cassidy, third place tie. junior-senior verses: "Pima Prayer For Rain", by Mary Whiteman, first; "Grand Canyon", bv Lois Siekman, second; and "Sunday", by Margaret Perry, third. At the top of the short-story sophomore list were: "Little Carnation", by Emma Mae Lesnett, •f nn lfirst ; " A11 Together", by Alice ••WIl!Eliot, second; and "Family Life", . I t_.. H*:U.. n *1 C7y.iit + 4-ll1v*«4 TcCQT" federal revenues but one upon which no war millionaires would thrive. No one yet claims that they achieved perfection in either direction. ' ' The bill passed by the house had been a hodge-podge, and when the senate finance -committee got through with it, the treasury disowned it. The senate debated and amended the measure until it had collected 489 pages of legislative dissertations which it called a tax bill and passed. • , "Imponderable Mess" Senator La Follette, Progressive, Wisconsin, called it a "complicated hodge-podge." Senator Vandenberg, Republican, Michigan, said it was an "imponderable mess." Even Senator Harrison, Democrat, Mississippi, chairman of the finance committee, had but faint praise for it as he led the measure'off to conference. He called it the "most intricate tax bill ever presented to congress." He and Chairman Doughton, Democrat, North Carolina, of the house ways and means committee and their colleagues on the conference committee put in long hours of work trying to shape a tax implement out of the unwieldy hunk of metal they had to work with. Tax experts say they did a remarkable job but that the bill still lacks some of the clarity of a child's reading book. A remodeling; of the law Irn* been forecast for this session. More than one prediction it would be changed vastly before a dollar of revenue was collected under It. Representative Tread way, Republican, Massachusetts predicted it would create a new class of millionaires out of the tax experts. "Anyone who can explain this- will become a millionaire overnight," he said. Seasoned tax observers predicted corporations would pay under protest because of the law's abstruse language and that the board of tax appeals would get plenty of business from it. In the absence of a change, however, the treasury and its bureau of internal revenue have to twisl all the tax rabbits it can out of the excess profits log. Estimates of the Phoenix Veteran Dies In Tucson Word of the death of William Ragsdale, Phoenix, last week in the U. S. Veterans Hospital at Tucson, has been received by friends here. Mr. Ragsdale, a veteran of the World War, had resided in Phoenix for 20 vears and was a member of the Luke-Greenway American Legion post here. Surviving are his wife, two daughters, Mrs. J. H. Blakeley and Betty Jane Ragsdale, all of Phoenix and two sisters, Mrs. Irene Chisney of Hollywood, Calif., and Mrs. Ethel Fugate of Oologah, Okla. proceeds from the tax range upward from $155,000,000. The treasury's own guess is that it will get $522,000,000 from this source during fiscal 1942, the first full year of operation But the whole problem is vastly complicated. To begin with, the. law provides two ways by which a corporation may figure its excess profits. First, it may elect to pay on any profits over eight per cent of invested capital, • including equity capital but only half its debt. Second, it may pay on any profits over 95 per cent of the average profits of 1936-1939. Choice Given Taxpayer . After a fashion, this gives the axpayer a choice between the American World War system and he present British method of deciding what are excess profits. The time-worn difinition is that what is eft after normal profits are sub- ;racted from net income is excess. The American system was the allowance of a certain percentage of income on invested capital and taxing the remainder. The present British system establishes a basic jeriod, determines the earnings of :he business during that period, strikes an average, and takes all earnings above that average. In this respect, the American excess profits law is much more lenient — it doesn't take all above any given level. Where the British law, after determining what are excess profits, turns the whole of the excess into the public till, the American law grants a $5,000 exemption, takes a fourth of the excess up to" $20,000 and half of that over $500,000. British Law More Lenient Tax experts say, however, thai the British law is more lenient than the American on one point. That is the taxpayer with a loss one year and an excess profit the next is allowed to balance off the one against the other, even to the ex tent of getting a refund if the loss year follows the excess year. The United States treats each year's profits as an independent transaction. The excess profits tax was bon in the World War. Denmark an< Sweden saw war millionaires emerging from the trade with Germany in 1915. They smacked dowi with an excess profits tax. Englanc followed a few months later. A year afterward, 17 countries had such a tax. The United States adopted.one a month before going into the war This tax ranged from eight to 60 per cent. It was wiped out in January, 1918, though a one-year war profits tax somewhat plugged the tap. In> the tax turmoil and neutrality debates of the early 3<Vs, the excess profits tax emerged again, t was resurrected in 1933 and given an air of permanance in 1935. Tax Of Double Purpose Tax experts say the resurection of the tax had the double purpose of getting full value assessments or the capital stock tax of clipping jig profits. As a revenue-producer during the World War, the excess profits tax was a go-getter. For Great Britain, t turned up 29.3 per cent of the nation's whole revenue between 1916 and 1921. For. the United States, it produced almost seven billion dollars between 1917 and 1921, about a third of the total revenues in that period. Experts say, however, that the amount of revenue such a tax brings in depends in considerable measure upon the amount of inflation in prices— and profits— that occurs. Some of them contend, too, that if the tax rates are lifted to take more than three fifths or two thirds of the excess profits, the incentive of the businessman crumples and the yield falls. They say he doesn't like to work If the government is going to take from 80 to (as in the case of the British) 100 per cent of his extra profits. Many businesses showed up with nice profits in the first nine months of 1940 in iplte at their tax load. Though the tax did not get through congress • until September, It cov- sred earnings .for the whole year. United.State* Steel, after allowances fo excess profits, had a net of $69,4-8.070, a 46 per. cent gain over 1939 but a small yield upon ts huge capital investment. Du Pont was up 36 per cent before 'axes, • but they whittled Its nine month's net down to $67,928,497, ust elgth per cent more than it nade the year before. , , Kiro Military Medical Academy n Leningrad, Russia, recently cele- >rated its 140th anniversary. Labor disputes are retarding production in Chile's nitrate fields. Spring Special If yini have an old piano that has no more tone or sentiment attached to ft than the stuffed cat. you're In luck! Our Spring Special takes the old piano off your hand at a liberal trade-In allowance. Selec ANY one of thn beautiful n«w Spine model piano*—with lovHy tone and *«rand feel* actions; and start with only $5 pe month, with 3 yearn to pay the balance We carry our own contract* and will fl nance a limited number of deals on these very special term*. What!-No Piano? REDElVILt,'S—222 W. WASH. PHOEXD WATERMELON Or Cantaloupe Select Seeds s tf \SFYING! Good company, good coffee... make any meal an event! Schilling has the delicious flavor that brings complete coffee satisfaction. YOUR CHOICE-DRIP OR PERCIUTII Schilling _ _ _ _ _ __ ^^^ A i -""^ .. .. ._._._ w i N a s or 'THE MORNIN* WUW8UKM ONA* FREE PARKING NEXT DOOR You must visit this oasii.. Drive out for a luncheon, dinner, a day or the season over an attractive • 67-mile highway, paved except for 24 miles of highly improved, scenic mountain road. —CASTLE I Hot Sprini THRILLS 6>i. n! Wander down graveled mountain arroyos, hike over Inviting; winding paths to points of scenic splendor, follow well beaten trails on horseback to adventure, or ride with overnight parties to a real old-west, overnight rendezvous. Tennis, golf, swimming (four radioactive, differently temperatured pools) and the many other sports are more fun in the warm Arizona son. Your visit to Castle Hot Springs will be a visit you'll never forget ... for at Castle Hot Springs you'll enjoy the pleasures of Arizona at their best. WALTER ROUNSEVEL Manager Registration of state generalMldswt .Essay: fund warrants before mailing has"The Watchman by Ingaard been discontinued, Joe Hunt, state Clausen, first. The Moonlight treasurer, said yesterday, and persons receiving such warrants must present them to the treasurer in order that they may be registered. This does not apply, however, to old-age assistance warrants. The law provides that warrants must be paid in the order of their registration. For some time the warrants have Ride", by Mildred Mercey. second; and "Experiences of a Boy with Plow Horses", by Leonard Hives, third. Sophomore verse: "Sunset on the Desert'", by Hugh Klassen, first; "Peace", by Margie Mitchell, second; and "War, War, War", by Rulh McKie, third. Freshmen narrative winners were: "A Prelude—Mood Sketch", hy Cynthia Alford, first; "Shine, tor some time tne warrants nave hy Cynthia Alford, lirst; "snme, been sent 1o the treasurer by the Mister?", by Biliie Ruth Hagans, auditor's office before mailing, but| seco nd; "An Autoiography of a the law does not provide for this procedure, the duty of having the warrants registered resting on the person receiving them. It is contemplated that the necessity of registering general fund varrants will be eliminated entirely by House Bill 15, which already has been passed by the house of representatives and is pending in the senate of the 15th legislature. Thief", by Carolyn Taylor, third. Essays: "Thoughts of a Refugee", by Mary Fanchee. first; "Big Game Hunting, or Catching the Morning Bus", by Carolyn Taylor, second; and "How Far Can You Travel?", bv Jane Parker, third. Verse: "Time", by Billy Yuen, first; "Wishful Thinking", by Emily Wood, second; and "An Ode to Night", by Claudine New, third. Aar use f ffc Half Seles O7 KORRICKS BASEMEN T DEMONSTRATION IN REVERE COPPER CUD STAINLESS STEEL UTENSILS At Our Phoenix Store Today Every Housewife Invited to Attend • Revere's famed food authority will demonstrate in person the healthful waterless method of cooking at our Phoenix store all day Wednesday. See and taste foods cooked with all the vitamins end minerals saved—with natural colors of vegetables preserved—and with no odor produced. Special 11-PURPOSE Sel consists oft (.War Donbli lolltr IJ-CM. CoccclM CoiuroU. MUina IwV, k* »owl. Sou» Po«. «oiriDl«t«.'<-Qt. So"W Pen end Dutch Ov«n • S-Qt. Sou:* Pan • 3-Of. Fnncli Fnw Beikrt • 10-ln. Skill* ONLY EASY TERMS-BUDGET PLAN DEMONSTRATION AT MESA STORE ON WED, FED, 26th 723tf RAND AVE.» QjHONE 4.111 6 Not if it's One of these Four New Additions to the Buick SPECIAL Line that Compact Automobile Bigness into Fewer Bumper-io-Bumper Inches H ERE of late the modern automobile has been giving a pretty good imitation of a man getting up in the morning. It has stretched and s-t-r-e-t-c-h-e-d-until today you almost have to have a shoehorn to get a car of any size tucked away in the family garage. We thought something ought to be done about that. Thought it was time someone built a truly • : big car—big in ability, in room, in beauty —that was still compact enough, bumper to bumper, to fit your garage without dispossessing the garden tools. So today in Buick dealers' showrooms you'll see four new models, additions to the 1941 Buick SPECIAL line. They are typical Buicks on every count —trigger-quick, steady, tireless travelers with a big 115-hp. Buick FIREBALL straight- eight under their bonnets. They dress every mile you travel in trim Buick style—cradle every yard of .distance on soft all-coil springing. They top off every trip with an even greater measure of gasoline economy, thread traffic with a new nimbleness, and when it comes to parking find the proverbial dime roomy as a dance floor. But by the simple step of compacting all this ability, goodness and value on a 118- inch wheelbase, we've trimmed inches off the over-all length—and dollars off the cost. We're passing those dollar savings on to you, which makes three reasons for going to see these honeys .now: You'll go for their ability—your wife will go for trim size and easy handling—and both will stand upandcbeer for the easily-reachable price. fXEMHAR OF OENIRAL MOTORS VA1UI Phoenix Motor Company 401 W. Van Buren W. C QUEBEDEAUX—Pres. [AWHEN BETTER AUTOMOBILES ARE BUILT BUIC&WILL BUILD THEM Phone 4-2101

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