Kossuth County Advance from Algona, Iowa on April 14, 1932 · Page 4
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Kossuth County Advance from Algona, Iowa · Page 4

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Algona, Iowa
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Thursday, April 14, 1932
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A We*kty Newspaper Fonnded in 1*01, THE STATE IJfCOME TAX WILL BE A REPLACEMENT TAX Main Talk, Des Molnes, answers an Advance «d!torlal of two weeks ago In comment; reprint•«d at the foot of the second column on this page. Editor Gallarno says he Is for a state Income [tax, but against the bill proposed, because "its vponsors in the legislature absolutely refused to make It what Governor Turner has said it should *e, 'a replacement tax'." This is deliberate misrepresentation, but Plain Talk did not originate it. It. has for two years •*een the refuge of every editorial writer in the •rtate who pretended to favor the income tax irat at heart was against It. The object is to fool careless readers, and the editors in question j therefore go on repeating it no matter how often! they are shown to be wrong. To begin with, every income tax bill introduced in the legislature since the question came •up has contained a replacement clause. For ex- catloris till th& moriey to meet them with is paid in bj> solvent pollcy-holdfire and debtors. It is a remarkable tribute to the sound policies followed by life insurance companies that in such art emergency no company, or at least none of standing, has gone bankrupt; nor does it appear likely that, having weathered- the storm thus far, any good company Mil fail. This record is nothing short of astounding in a period when thousands of banks have gone to the wall. •So the Reporter needs to qualify its carelessly optimistic statement. Iowa land te, indeed, a safe investment, safest in the world at present prices; but It is certainly not a desirable investment for funds which may at any moment be needed, and under present conditions it is far from true that directors of companies faced with overwhelming demands for money need not worry when they find their assets tied up in presently unsaleable real estate. Topic* of the Times TfecColyum ft* To* D-d 9erl«ut CallThea A Review of the Recent Talkie* by f, H, C, "Ganging up on Brookhart"—that's'the way •ample, Sec. 40 of the bill in the senate a year Kenneth Baldridge's Bloomfield Democrat .heads *go reads as follows: "Tax a Replacement. Itj a clipping froni the 'Milton Herald abodf the is hereby expressly provided that the revenue I seven candidates who seek to corral, the senator Irom the tax hereby imposed shall reduce by at j | n the state convention. And the Herald writer -least four (4) mills the state mlllage tax which J suggests another striking thought: the pack the board [the state board of assessment and mav succeed only in turning enough public eym- <«rview] would otherwise levy for state pur- pa thy to the quarry to save him in the prlmar- rposes." ! ies. The insinuation by Mr. Gallarno that Governor, p R Brown, of the Harlan Republican, -Turner did not consider this replacement provis- l amazed at the growth of anti-prohibition sentl- ion sufficient, but favored something else, is •without the slightest foundation. On the contrary. Governor Turner has from the first stood, mud still stands, squarely on this provision; and *e has publicly said so on every possible occasion. The fact is, there are different methods of, replacement, but editors who would deceive their i .-readers always speak of replacement as if there! ment, suggests that the swing must hang on the fact that the present generation does not know what pre-prohibition conditions were. True enough. Every generation has to learn some of its forebears' hard-earned lessons over again. The masses listen not to history but only to experience. . , Economists and grandsons alike forg;t the but 'one" kind since' theyare intelligent j lessons of financial and family history. Witness 'Henry Wallace, who. took .part in the Wallaces' Farmer-Iowa Homestead consolidation just in time to get tangled in the 1929 crash; and his creditor the'son of the Nemesis of Uncle Henry! Half of the exchanges we scanned last weekend featured school wage slashes and other economies in public expense. Down the line from state to township there is a trehiendous economy drive In Iowa. Will it last? Well, it never has, anywhere. As soon, as good: times return, everybody forgets,, and up go the budgets to new heights. ;". . "Reforms Needed 'to Get Government Out of Hands of Minority," blares a Mason City G.-G. head' over a 3-column • report of a speech in which, among other things, J. E. Blythe, M. C. lawyer, flays the primary law. Some joke, if you get what we mean; and it adds a rich flavor to recall whose brother Was once- • Iowa's one-man republican boss in the dear old pre- primary days. Take a dare, Mr. Hall and print this to jog J. E.'s memory. Mr. Glenn C. Hayries, secretary of the state Good Roads association, is the latest aspirant for Brookhart's toga. Cautious, we seldom venture to offer political predictions; but for once, throwing caution incautiously to the winds, we "writers, they certainly know better, and it is •*hus plain that their course is intentionally de- VrfUul. The kind of replacement provided for in all the -fcills heretofore introduced in the legislature allocates the proceeds of the income tax to the •*ta.te'e general fund. This operates to reduce the state levy from what it would have to be •^rithout the tax, and it is the fairest way, be- oaose it reduces every taxpayer's tax by precisely the same percentage. It is the method fol- Ttmred by the federal government. Another way would be to divide the proceeds ietween the counties; still another, to apply the -.proceeds specifically to reduce school or other -taxes. All these methods amount to the same ihing: they reduce every man's taxes by the -same percentage. But there Is still a way, an unfair way, a «kulkJng scheme to favor certain taxpayers at the expense of others, a plan to let the rich and the semi-rich off easy and continue the unfair "burden on the less well off. This is the scheme -lathered by Ed M. Smith two years ago in a desperate attempt to defeat Governor Turner; and it is the .scheme behind which, ever since, "Satee-faced supporters of the income tax have skulked In the hope of defeating it, always pl . e dict here and now that Mr. Haynes will carry speaking of this method of replacement as if it every cement factory in Iowa, •were the only way. This scheme is to let every _„ A , ' taxpayer deduct his property taxes from his net . lhe ^ C ' °"°- is for Be "" e ", avowed anti- income tax » I income taxer, and says so openly; which, at any There would doubtless be little or no complaint rate - is » quare shootin e compared with the Des if the proposal were merely to permit deduction <rom gross income, as in the case of the federal tax; but to permit deduction from-the net tax •would not only be unfair but would ruin the tax •H3 a worth-while revenue producer. It has been tried in other states and abandoned for exactly this reason. Again, it is illogical, because it proposes to offset all taxes, local as well as state, •against a state tax. There might be some sense in permitting offset of every man's state tax, *ut there is none whatever in offsetting county, pity or town, and school taxes, besides, against « state tax only. It is easy to demonstrate by hypothetical examples (real examples could be found anywhere) how this skulking scheme of unfair taxation would work out. Take two men living side by «ide, earning the same taxable income, one own- Moines Register's subtle and ingenuous trick of lending the news columns'to an attempt to influence voters behind their backs. 4ng his home, the other renting. Under scheme No. 1 would deduct the taxes on this his -iome from his net income tax, while No. 2 could deduct nothing. No. 1's deduction, as in many •thousands of cases, would offset his entire in•come tax. Such a scheme is patently unfair in *uy case, but to emphasize the illustration, suppose these men are competitors: how much more unfair, then, to-tax one and not the other! And it le no answer to this argument to point to the tXact that No. 1 pays direct taxes on his.home, -for indirecly No. 2 just as surely and in the came degree pays them in rent. Or take two men with the same taxable income who own homes of the same value.but live -in different towns, one with high local taxes, •the other with low. Nothing more common than thle, and the man in the high-tax town presumably gets his added taxes back in the way of H>ublic service which the man in the low-tax town has to do without. Why, then, should the *nan in the high-tax town be able to deduct more from -his net income tax than the man in the low-tax town? Wouldn't this be eating one's cake and having it too? The man in the low- tax town would certainly be justified in considering this a skulking scheme of unfair taxation. It would be no trouble at all to cite many oth- «r ways In which this skulking schejne would work out, but these are en.ough for anyone who toas any idea of playing fair in discussion of the etate Income tax. But let no one be fooled. This week, or next week, or eome other week, some uther false-faced editorial anti-income taxer will spring this same old gag in the self-same way, well knowing the while that when he represents .the proposed tax as a non-replacement tax and "just another tax" he Is deliberately attempting to mislead hl« readers. IOAVA LAND IS A SAFE INVESTMENT HUT IT IS NOT LIQUID 1Loan agencies owned more than 50 million dollars' worth of Iowa land January 1. "A big investment," remarks the Rock Rapids Reporter, ".but absolutely safe," And the directors of the companies need not worry about it, the Reporter adds. Safe enough in the long run, doubtless, eo far -as capital value is concerned, but hardly liquid, •and liquidity is Important now, when every loan agency Is swamped with demands for money. The loan agencies are principally life insurance companies. Every insurance policy carries «. loan clause. During the last year and more, •inilllons of policy-holders have demanded loans. The branch manager at Des Moines of one of the 3ialf dozen biggest companies in the world told a district agent last fall that every morning there were up to 40 persons applying for loans against policies. In this depression the life insurance companies have had not only the usual death claims to meet but demands for loans aggregating enormous sums. Failure of policy-holders to pay premiums, and of mortgagees to meet real estate loans, has presented additional staggering problems. And on top of this, ordinarily gilt- *dged securities such as stocks and -bonds cannot be sold except at ruinous figures. Besides, real estate values have sunk till in many, if not most, cases farms are worth no more than the loans against them, if as much; and at that, there is no market. Again, owner- chip of the farms calls for management which loan agencies are not organized to supply, Chain-farming is still experimental, often unprofitable. One prominent loan company which -gave it a tryout went broke last year. How serious the situation is for loan agencies la illustrated by a local case in which it took three months for a life-insurance policy-holder to get a loan from a high-class company believed to be in sound condition. With great sums tied up in frozen assets, with policies lapsing because ^jflUcy-holders could not meet premiums, with -WOrtgages falling due but unpaid, and faced Jh unprecedented demands toy policy loans, Tfpjnnany sjsmply Taps to delay Opinions of the Editors Oh. By the AVaj, Mr. Hall, HHTC Ton Eter Met <hfc W, k. 3tn Hall! tJ. W". C. in Rear Seat.J The joke Is on W. Earl Hall. In his Eye Observing department in the Mason City Globe-Gazette he spins an interesting yarn as to how "Upton Close," well known newspaper correspondent,.got his nom de plume—for, as.Mr. Hall assures his readers, Close "isn't his real name." •Mr. Hall's version is one Mr. Close gave Mr. Hall one time as he was passing through Mason City and had lunch with Mr. Hall. Reporting some sort of an outbreak in China, he had wanted to let his editor know he was in smelling distance of the smoke of battle and he had ended his dispatch, "Up Close." The telegraph opera- tori took; the words for a signature, and from that time since he has been known as Upton Cjfose. . Mr. Hall expresses' deep Tegret that he cannot remember Mr. Close's real name and we herewith express just as deep sympathy for,him over hie evident perturbation. Naturally you assume that Mr. Close's "real name" is Sienkie- wick or Pilsudski, but it Isn't—It is HALL— Josef' Washington Hall. GEORGE GALLARNO, of, Plain Talk, Des Moines, devoted a column last week to a review of the Iowa candldatorlal situation and' when he -arrived at the state ticket just naturally mounted his Pegasus, with the following terrifying result— , For governor three are willing to appear upon the rolls, and to make the trial of approval at the polls; for lieutenant governor another trio hastens into view; for secretary of state so far just one will have to do; but when it comes to' auditor the -<voods become alive, and those who would take the honor now number .fully five; and for secretary of agriculture the stage ie being set to accommodate the speed accomplishments of another full quintet. .For treasurer of state the field counts up to three, while for railroad commissioner just twice that silm we eee; and for attorney general only two now risk their fate, but others on the sidelines are sa'id to He in wait. . , Really, Earl, If Yon Value Vo»r Goat, Steer Wide of Thlg J. W. C. [S. c. Journal's Rear Seat.] I. am really surprised that Alien, J. W. C., or some'of the state's'.punctilious fudges -'of • word: values haven't brought .in a protest before this against the expression, "growing smaller." Both of these birds know that "becoming smaller" is what Is intended but,-,they've"toe'en eo busy comX plaining about something else that they overlooked this matter tot major importance. — W. Earl Hall in Mason City Globe-Gazette. Busy, nothing! We just didn't want to take on any argument with Webster's or Century. -"To grow" does not necessarily mean "to increase." In certain caees it ,is synonymous with "to become." The following definition of "to grow" is from the Century dictionary and quite effectively ought to put the carping Mr. Hall into*his place: "To be changed from one state to another * * * as to grow -pale. • * * In this sense the notion of 'increase' sometimes disappears and the change may involve actual decrease: as, to grow small; to grow less." RUDYARD KIPLING, fearless English writer, is out with a new book of poems, and in "Naaman's Song" he pays his respects to Hollywood films- Tlie "C" and Its Troubles. Estherville Daily News—The university has had a stormy career during the past few years, with the athletic investigations, the medical school flareup, the Verne Marshall charges and the consequent quiz of the legislature, and now the embezzlement and payroll-padding exposures. A Governor Wlio Does Things. Garner Signal—Iowa fas fortunate in electing her governor two years ago. Due to his insistence and everlasting hammering that taxes be reduced, the taxing bodies of the state, school, and municipal governments have succeeded in shaving off better than ten million dollars of taxes. ,: Advice From On« Who Knows. Sen. S. R. Torgeson in Forest City Republican —If the people of Iowa want tax revision Turner and Clark should be elected governor and lieutenant governor to lead the fight for a net incpme tax. They are men of ability, thoroughly familiar with the needs of our people. And Notice How Mum .They Are. Iowa Falls Citizen — It seems that Governor Turner did a good thing when he called for the the investigation: of : Iowa City, and the tories made consummate fools of themselves, It's Just a Smoke-Screen, Brother. Plain Talk, Des Moines—Nowhere In the state of Iowa, as far as we can ascertain, has any saving of a worthwhile nature'been accomplished, by the expedient of clipping off ten or .15 per cent from the pay of clerks and employes. At the best the saving has been Infinitesimal. Consistency, Where Art Thou J 'Spencer News-Herald—Tax payers in the consolidated school district of Webb petitioned the school board there to reduce taxes on AVednes- day evening and the following Monday voted a two' mill tax in support of a municipal band by a vote of 75 to 21. It's an interesting world. How Income Tax Opponents Seek to Deceive [Plain Talk, Des Alolnes.] Editor Dewel, of the Kossuth County Advance, whose opinions on public questions we respect very highly, and always look for with great interest, comments on a recent editorial In Plain Talk in which we expressed the hope that Governor Turner, instead of advocating the income tax, would "stress his campaign on matters that may be looked upon to result in a relief of the people from onerous taxation burdens rather than on a campaign to load new taxes on their shoulders." The Advance editor says that Plain Talk's idea is "typical of occasional comment in many newspapers not sympathetic towards Governor Turner's tax reform program." But, we are sympathetic, Brother Dewel. We are sympathetic with any and every program which will actually bring about relief to the taxpayer. Among those programs are some looking to the reduction of public expense and some looking to levying of new taxee in the form of a personal income levy. We are strictly in favor of the former, and believe it can -be made to accomplish much good, and to go much farther than, as you say, being "so negligible that it approaches no relief at all. 1 We are not opposed to the income tax idea, in itself. The only reason we have argued against it has been that its sponsors in the legislature absolutely refused to make it Turner has said it should be, what Governor "a replacement It is a fact, known by everyone who followed the proceedings of the last legislative assembly, that an income tax bill could have been passed, would have been signed by Governor Turner, and would have become operative in Iowa this year, except for the refusal of its strongest advocates to agree to the wording of the bill so that it would have been, in reality, "a replacement tax," permitting each taxpayer an offset on his real estate tax to the full amount he had been called upon to pay as an income tax. In that way, and that way only, as we look at it, could it become a real relief for the taxpayer. Otherwise it would foe nothing more than "just another tax." And under conditions as they are today "just another tax" must be avoided at all hazards . V !.J ',.,^' : - !f ^^ ! There rise her timeless capitals daily born of emprises Whose plinths are laid at midnight and whose i streets are packed at morn; , And here come tired youths and maids that feign to love or sin In tones ".like rusty razor blades to tunes like smitten tin. A:-id here is mock of faith and truth for children to behold, And every door of ancient dirt reopened to the old, And every word that taints the speech and show that weakens thought, And Israel watcheth over, .and does not watch for nought. MR. E. L. C. AVHITE, the w. k. editor, of the •w. k. Spencer News-Herald, wae quite severe last week with the w. k. H. S. SJ. and other w. k.'s who flaunt "&" for "and," and- "jr." for "Jr.", and "cbrp." • (lower case "c") for corporation, and "co.'\ (small "c" again) for "Co."'or "company," and said he always disgustedly threw away papers and magazines in which he found such monstrosities; and two seconds later we madly crumpled up and threw the News- Hmald at the bust of Emerson, when In' the next sentence in the N.-H.'s diatribe we came upon "% of one per cent." DOWN IN WRIGHT county they are fighting tooth and nail over paving, and leading the pavers is Ward Barnes. And last week Ward had to print an -anti-paving communique in which an editorial opposing paving clipped from the Eagle in a former battle was quoted. Arid it ie Dad Barnes who writes the editorials, and Ward had to take refuge in the explanation that he (Ward) has no more control over the editorial page than Harvey Ingham has over Ding's cartoons. OH, FOR GOODNESS' sake! They are making men's clothee more effeminate every day. The well dressed man in 1932 is going to wear polka-dot step-ins, with zippers!—Sumner Gar zette. Don't—oh, don't!—tell us they are 'going to have blue or pink ribbone on 'em! — Chords & Discords in Northwood Anchor, And, we trust, no brassieres. Men somehow look so miscast and inadequate in brassierp. ANSWERING a frenzied Rear Seat paseen- ger. J. W. C. explains that the initials "p. f." which he uses when he refers to the "missus" at his house stand for (Parva Femina, latin for "little woman." And now will the f. R. S. p. make H. S. M. come across with the hog-latin for "b. w."? Add Sad Effects Arrival of Spring. [Audubon Advocate-Republican.] The coming of spring fills us with poetic joy — George held her hand and she held liizn, And then they hugged and went to kizn'-, They did not know her pa had rizn, Madder than hops a-simply sizzlin. And, really, tizn right to lizn, But George got hizn and went out whlzn. (For that, they ought to send us to ' OLD MAN BERFBLD, the Iowa Falls grocer, has enlarged his advertising space in -Ira Nichols' Citizen to a quarter page and has changed the set-up. Now he runs his prices down the middle, with a column of "idiotorials" on the right and another entitled "Oh Yeah!" on the left. And a caller from Iowa Falls Saturday reported that he isn't old at all, and he knows better English than he lets on. THAT COLUMNIST in the Algona Advance has his seasons mixed, Last week he ran a poem on "The Coming of Autumn." Of course autumn is coming in the sweet bye-and-bye, but let's have a few months of the good old summertime first. — Pa Olson in Story City Herald. Very well. It's good enough anyhow for a reprint next fall when the woods across the river begin to blaze in yellow gold and every street is like Heaven's main avenue. BEN JOHNS, OF BRITT, BEFORE INSANE BOARD.— Garner Signal headline. There it is again: our old friend, . "insane 1 board. Heraus mit 'em! Zu Scherokee! And all insane headline writers mit 'em! PRESIDENT HOOVER will have an excellent chance of reelection if the democrats nominate a candidate they can't ele.ct.-T-Marcus Newa, ; that's so, ain't it? —ALIEN. L AST tBAR'S k GANGSTER pictures showed criminate as shrewdi cunning, Ingenlus, the law, as Stupid, inefficient, and blundering. Partly from protests lodged where they would do the most good, we are now treated to a new type of underworld talkie, like The Beast of the City, Which exalts the law, though In this instance, while the moral te note\yorthy, it takes almost an entire battalion of police to wipe out one tiny nest of gangsters, ending with the bloodiest, goriest, most drenching wholesale , killings ever recorded on the screen. The battle takes place in a notorious hang-out of feansters, after brave policemen have kissed their wives and children goodnight (thereby heightening dramatic effect); when the emoke clears away'after 2% minutes of incessant shooting the floor is literally strewn With dead. The Beast of the City is a cheap, melodramatic attempt at instilling lawfulness into the minds of cin- ema-addlcte, beginning with a plea from President Hoover for respect for law and ending with this battle. Walter Huston,: throwing himself away on a role neither heroic dramatic, seems to have hit nor. the skids; a capable and earnest actor wasting his talente on such drivel as this. Wallace Ford, as his younger brother, complicates things when he becomes enmeshed in gang activities through the wiles of the platinum blond, Jean Harlow, Queen of the Underworld (ae we used to say in the good old days), double-crosses his policeman brother, and precipitates the bloody, finale, • in which the rule seems to he "a life for a life." Jean Harlow took her first important part in Hell's Angels, and she hafe been firmly entrenched as a cinema favorite ever since. She is a slender, langorous female of the siren type, with a strictly "baby- face" but a rather attractive,-v;fa«ci- nating :«gure.«, The -Beast""*bf'"the City 'is the first of a number of "double" bills for April. Ae we have remarked before,, these,barg3,hi,ispec- j ials' are'V bit' irttens'e: Part 2 of this .double dose of concentrated^ cinema kibosh was a picture called Compromised; and ^certainly there is nothing outstanding about this offering except the title— If -titles beguile you. How many times we have endured the moth- eaten old plot of the wealthy scion forced to learn the useless lessons of the shoe business to satisfy the whim of a domineering millionaire pater. In the mess sure to \ -follow when the son meets the poor factory 'goil" we usually get the pros and cons of the eternal struggle of labor against capital; but in this case, it is more a matter of Society — the poor and honest against the highbrow Boston Back Bay, whatever that means. A cute youngster music lesson for a practicing a short interval serves as a medium for . forgetting the main plot and is a decided break for suffering fans. This little chap, a natural-born actor, puts all the humor and pathos of • the "music lesson" across in a big way. Well, double header programs may give you a lot for your money, but they are like banana splits: it takes an enormous appetite to consume them at one sitting. T HERE'S A SINCERITY and earnestness about young Douglas Fairbanks Jr. which appeal strongly to this critic. True,' Union Depot and It's Tough to be 'Famoug-aren't In the big-time class, but they' are intensely human, thoroughly, enjoyable, entirely .satisfactory entertainment. In It's'Tough 1 to Be'Famous to of the talkies have found a voice satirize one of the most sacred „„.., but we were rathef fiorry, to miss the western, whlclv we are told, was good. But business happened to be pretty good in our line and we report merely that Saturday In Algona was a big day for everybody, which is one way Of getting around this thing we call depression. W E RECALL, FIFTEEN years ago, seeing Polly of the Circus, in the stage production, its unusual tire o pure, appeal* rldletikrari. Hfa Virility, and aggr^aslverdonimaHni per* sonalityl croup but notwithstanding th'e ma«k of iompoSure 1 fafe W«e« 'In the character of a young bachelor rector. The circus atmosphere, is good, but again We feel'badly hftod- winked when we see Marion Davles ready, f of a flying, leapt In mld-alr t kmhving full welt thajt not she' but her double will do It. However'there are a lot of-'gOod mugnsJn 'this prenostn,. «ftMsrS,« the, fltt been 8o anxious thrill of afffts about her niul Up6fi her j>Wn, the H&.VA been good. AS n ,; "'i selfish desire to take a J ? S ' ! Crawford's, and Normn"'^ J ' , slfl , "" i * leading- man as !,»,. 'somewhat from our full , r ,M the show. Because, a personal reaction*, to mo-ii And actresses are bound to odr Impressions of pictur they appear. •PS in ,vh| If you haven't taken advantage o£ the big This is to remind you that the special low prices that prevail will continue] only until Saturday night, April 16. < i ; . i Silk Dresses for all Occasions . . •. ,-• .,',,v> .. j „,',', .•'.,.-,,. l', '• >. i J- •t' r i"''-*iT- ,''''• " '"*l~Vu -'• " lit Three Large Groups •'.-.-. ' >< • >" 'Ai 14 ' •'' 'l*" .' ' '' ; . i ' All specially priced for \this salelll : • v-->.""" ; ;, : : ; T;"".'•• • ^ Values to $11.75—Sate Price •$ 5.00 Values to $16.00— Sate Price $10.00 Values to $25.00—Sate 'Price $15M\ "Nelly Don" and "Marcy Lee" Tub Frocks Our Regular $1.95 values—Sate Price $1.69 Christensen Bros. Co. Algona's Garment Center IIIHUUIIIIIIIIIIIIIIIIIIIIH American institutions ; —hero worship. This ie an encouraging sign. When the screen infant really begins to howl and yelp about some of the things which through fear and ancient prejudice have been taboo, then we may expect progress and growth. It is only after some of the shackles have been sloughed off that the talkie will attain its full development. It's Tough to Be Famous is a subtle, fast-moving satire on our American hero-worship. Douglas finds himself a national hero almost overnight following a submarine accident in which he acquits himself with valor. His trials, tribulations, his frantic attempts at personal privacy, form the basis of this talkie. After giving us a kaleidoscopic survey of "the path of victory" — parades, banquets, speeches—-our modest hero is literally pushed into a rather favorable marriage, which, however, ie threatened with destruction by a series of events which turns the bright spotlight of publicity on the most intimate details of two lives. All of this is shot through with a 6aving_ flavor of humor, and so far, so good. But then, just as you are ready to leave the show and pronounce it a good picture, they drag the thing out for an extra reel showing a foolish and inconsequential quarrel, temporary separation, and final reconciliation, the most asinine thing we have seen in a late talkie.'Whoever was responsible for the finish of It's Tough to Be Famous ought to lose his job and get a government dole; the finish lacks common senee, intelligence, and ordinary decency. •Mary Brian is beautiful and sympathetic as the wife of a .famous husband. She does excellent work in a somewhat restricted role. The opening scenes on the ocean and in the submarine, "as well as the, flashes of the parades and the crowds, are well done and are cleverly accompanied by suitable music. Walter Catlett is great as the eelf-ap- pointed manager of the youthful hero, who, however, soon realizes that the path of glory is steep and thorny. Here's a good show, folks —if you'll.just overlook that last reel. T HERE WERE NO SIGNS of the so-called depression around the Call' Saturday, when another double header packed the theater afternoon and evening. My scouts inform me that it was exactly 12:45 a. m. when the management rang down the curtain and called it a day. Well, there are some advantages In the drygoods business: we do have some closing houro. Merely Mary Ann and Tfce Gay £aba)tero were the two pie<ses-de- reslttance. We ^TK ^ths Jorwer when Jt played a fir«t run ^.t tbe Condensed Statement of the Condition of the Iowa State Algona Iowa) at the close of business March 30th, 1932 RESOURCES CASH OR ITS EQUIVALENT— ' United States Bonds 8 74R n8 _ _ A Municipal and State Bonds ___.."" * S'JS'S Cash and due from Banks ,..,.:~~ 22^5 &&** HOME, 399,935.89 9,700,00 98.66 ).00 $1,484,087,70 LIABILITIES CAPITAL STOCK SURPLUS _. ~~~ "" ™-- I " $0,000.00 UNDIVIDED PROFITS"""""""""""" — 40,000,00 DEPOSITS „ , TT Cash Umted States, State an(J MunW On the basi s of the above 8tatement 11,434,087.70 Member

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