anaheim-gazette 1924-01-17

GREATEST PIECE OF FICTION IN 1923 The greatest piece of fiction issued in 1923 was that put out in the closing days of the year by the Democratic national committee charging the tariff to have cost Christmas buyers $1,000,000,000. The yarn spun by the Democratic fiction bureau is to the effect that Christmas sales amounted to six billion dollars and the tariff added another billion to the price of goods purchased by American consumers. Of course there is this to be said, even on the theory that the osurd charges were true: The American consumer had his six bills to spend and spent it, which is considerably more than can be said of the American consumer under any Democratic administration with free trade in effect. Christmas time is a very and occasion under Democratic administrations, characterized by closed factories, idle wage earners, families in want, distress and suffering instead of Christmas cheer. Under Democratic free trade the most conspicuous gift givers are charitable organizations and soup houses. Tariff taxes on Christmas gifts do not burden the American consumer under free trade because he as a rule has no money to spend on anything except what is necessary to keep body and soul together and clothes on the back. Getting back to the text, the Democratic national committee's charges that the billion dollars tariff tax, which it alleges the American consumer had added to his Christmas bill, was "for the most part collected by the manufacturers and middle So the list might be indefinitely continued. There is no doubt there has never been such a flood of imported manufactured goods in the history of America as has come into this country in the past 12 months under the Fordney-McComber act. The records of the customhouses prove that fact. The advertisements of the larger retail concerns from coast to coast prove imported goods are being featured and sold to an unprecedented degree. These are the facts. They cannot be disputed. They show up the absurdity of the charge of the Democratic national committee that the American manufacturer has been profitering as a result of the Fordney-McComber act. COFFEE IN A SAUCER It is with deep sorrow that any 100-per-cent American learns of the $50 line imposed on William Dorsey of Kansas City for drinking his coffee out of a saucer. In strict accuracy, it must be admitted that there were aggravating circumstances. Restaurant patrons had complained to the proprietor that do not burden the American consumer under free trade, because he as a rule has no money to spend on anything except what is necessary to keep body and soul together and clothes on the back. Getting back to the text, the Democratic national committee's charges that the billion dollars tariff tax, which it alleges the American consumer had added to his Christmas bill, was "for the most part collected by the manufacturers and middle men." The answer to this wild allegation is found in the report of the U.S. Bureau of Labor Statistics, which shows that the average wholesale prices in 1923 were below the average for corresponding periods in 1922, before the Fordney-McComber tariff was a law. The bureau's reports cover over 400 different commodities, embracing practically every industry in the United States. It should be plain to school children that if manufacturers and middle men added over a billion dollars to the Christmas bill of the American consumer because of the tariff that fact would immediately be shown in wholesale prices, for the wholesalers are middle men, and manufacturers as a rule sell to wholesalers rather than direct to the consumers or to retailers. That wholesale prices have been lower on the whole since the tariff went into effect than before is absolute proof that the tariff has not resulted in higher prices to the American consumer, no matter what certain interests may charge to escape theodium of profiteering. "Taking at random," said the Democratic national committee, "a few of the hundreds of articles popular as gifts, the explanation of the advance in their cost is to be found in the exorbitant tariffs of the Fordney-McComber law." The committee then lists a number of such commodities. Without exception the articles listed have been imported in greater quantities during the last year than ever before in the history of the United States. The buying public has been apprised by large department stores and retailers of the fact that they are featuring foreign-made goods to an unprecedented extent. They have great corps of buyers scouring European countries for manufactured goods. This is being done for but one reason. Large retailers featuring imported goods do so because they can obtain the goods laid down in this country; tariff paid, for less money than they can purchase. —That home plan you have been trying to build the new home from. —Study the exterior details and then to the alternate room arrangement, bodying so many special features can strong appeals. 1924 WILL BE A BIG HOME E This year is starting off under auspice for the man who has fixed his ambitious Home Ownership. United States. The buying public has been apprised by large department stores and retailers of the fact that they are featuring foreign-made goods to an unprecedented extent. They have great corps of buyers scouring European countries for manufactured goods. This is being done for but one reason. Large retailers featuring imported goods do so because they can obtain the goods laid down in this country; tariff paid, for less money than they can purchase the goods of American manufacturers. In view of this, how foolish to charge the American manufacturers with profiteering! What do the large retail interests which handle imported goods say regrading prices. Here is a quotation from a page ad in the New York papers during December by one of the largest retail concerns in the United States: "January sale of household linens and towels. "During the past eight months buyers have scoured Ireland, Scotland, Germany, Belgium and Czechoslovakia in preparation for this sale. The assortment is wide and the prices are substantially lower than they have beer for years." Another one of the very large retail concerns advertises imported linens at "prices lower than have prevailed for seven years." Take toys. Large retail houses featuring toys advertised throughout the holiday season that they had a greater supply of foreign-made toy at lower prices than ever before in the history of their business. One of the largest retail houses in the East advertised that its buyers had spent three months in Europe buying toys at the great toy centers of London, Paris, Brussels, Leipsic, Nuremburg and Florence. ANAHEIM GAZETTE the indefinitely contend doubt there has good of imported on the history of into this councils under the act. The records prove that fact of the larger recoast to coast are being featun unprecedented. s. They cannot show up the abolition of the Democraece that the Amherst has been profitithe Fordney-McSAUCER now that any 100 earns of the $50 William Dorsey of making his coffee it must be adhere aggravating restaurant patrons the proprietor that the offender made a whistling noise over his saucer of hot coffee, and that in his efforts to lower the boiling beverage to a drinkable temperature he was blowing it on some of the other customers. This is regrettable, if true; yet some allowances have to be made for a devoted saucer-drinker. Mr. Dorsey instinctively seemed to feel that an assault was being made not only upon his personal freedom but upon a sacred American institution. Wherefore, when the proprietor expostulated, and an argument developed in which Dorsey was thrown into the street, he was moved to pick up a brick and toss it through the window. The reaction was undeniably reprehensible; yet who can say that there was no provocation Surely drinking coffee out of a saucer, however it may be frowned on by Emily Post and other arbiters of social elegance, has venerable precedents. Many of our greatest national heroes blew and gulped their coffee in that selfsame style, without reproach. If we are correctly informed, George Washington himself did it. For all we know, it may have been an acid test of red-blooded Americanism, in a sturdier and less fussy genera-tion. Oh, hum!—we are fallen upon repressive and effeminate days. TAXPARERS TAKE HEED Half a million tax forms for reporting incomes for the calendar year 1923 are now in the hands of taxpayers in the Southern California District, who filed returns for the year 1922. Taxpayers who did not file returns for 1922, but who had taxable incomes in 1923 are required by law to secure forms and file. The following penalties are imposed by the statute: For making fraudulent return, not to exceed $10,000 fine or one year's imprisonment, or both, and in addition 50 per cent of tax evaded; for failure to make return on time, not more than $1,000 fine, and in addition 25 per cent of the total tax; and for failure to pay tax when due, or understatement of tax through negligence, etc., 5 per cent of tax due. plus interest at 1 per cent per month during the period it remains unpaid. Collector of Internal Revenue Rex Goodcell pointed out yesterday that every person, corporation, firm or partnership that pays anyone salary, wages, interest, rents or royalties, amounting to $1,000, or more, are required by law to report the payments made to the Internal Revenue Bureau. This gives the Government an absolute check on income from salaries, wages, rents, royalties and interest. For this reason Collector Goodcell said it did not pay for a person with a taxable income to attempt to evade the filing of a return. In a statement made yesterday, Collector Goodcell outlined to taxpayers the proper way to make returns, and explained the important changes in the method of filt-taxpayers. The new and simplified form 1040-A will be used exclusively by the taxpayers whose net income in 1923 was $5,000, or less, coming principally from salaries and wages. Persons, any part of whose income for the year 1923 was derived from business or profession, farming, sale of property or rents, regardless of the amount, will be required to use the larger form 1040. The use of Form 1040 will be required, also, in cases where the net income was in excess of $5,000 whether from salary, business, profession, or other taxable sources. Formerly Form 1040 was used only for reporting individual net income of more than $5,000. Forms for filing individual returns of income were sent to persons who filed similar returns for the year 1922 it being impossible to determine this year the form desired by the taxpayer—whether he be a man whose income w derived chiefly from salary or wage or from business, profession, or other taxable sources—the taxpayer recieved both forms, and is expected to select the form that will meet his income requirements. To avoid errors which may result to their disadvantage, taxpayers are advised by Collector Goodcell to study carefully the instructions on the forms, especially those with regard to credits for personal exemptions and dependents. Married persons required to make a return on Form 1040-A those whose net income was $5,000 or less, derived chiefly from wages and salaries, are allowed an exemption of $2,500. The exemption for married persons whose net income was in excess of $5,000 is $2,000. The exemption for single persons is $1,000. Also whether married or single the taxpayer is allowed a credit The Plan from Our Photographic Service plan you have been trying to figure out to home from. terior details and then careful consideration of room arrangements. Surely ideas em- any special features cannot help but make 1924 WILL BE HOME BUILDING starting off under auspicious circumstances so has fixed his ambition on the Star of Real ship. quired by law to report the payments made to the Internal Revenue Bureau. This gives the Government an absolute check on income from salaries, wages, rents, royalties and interest. For this reason Collector Goodcell said it did not pay for a person with a taxable income to attempt to evade the filing of a return. In a statement made yesterday, Collector Goodcell out-lined to taxpayers the proper way to make returns, and explained the important changes in the method of filing, especially with regard to the new and simplified form which approximately 230,000 taxpayers in the southern California District will use this year. The filing period ends on March 15. Two forms have been sent out to Put Edison List for Savi EDISON is owned by 90 Pct. of Californi EDISON has paid interrupt 13 years EDISON has total devoted t HOME BUILDING starting off under auspicious circumstances who has fixed his ambition on the Star of Realship. good supply of skilled labor available now quantity and by reason of favorable conditions on your value in a consciencious days work. equally good supply of Building materials deliveries are more dependable and fairly at every line. become standardized and stabalized and to the pre-war basis they have receeded to a normal level, and line up with the aver-modities. station in Home Building has been frowned still available in fair supply to those who, of their own and have accumulated a rea-ayment or have a lot clear. department is equipped with a lot of original and inspect them at your convenience. FULLERTON PLACENTIA CALIFORNIA EDISON has paid interruption 13 years EDISON has total devoted to business EDISON is free from California Federal i EDISON PREFERRED cash, or installment Southern California Edison 301 North Main Street SANTA ANA, CALIF PHONE 46 The new and simplified will be used exclusively by persons whose net income in 1920, or less, coming primarily salaries and wages. Part of whose income for 1923 was derived from business, farming, sale of parents, regardless of the job required to use the 1940. The use of Form 1040 is required, also, in cases where net income was in excess whether from salary, business, or other taxable formerly Form 1040 was reported individual net more than $5,000. Filling individual returns were sent to persons who returns for the year 1922 possible to determine this amount desired by the taxpayer be a man whose income chiefly from salary or from business, profession,itable sources—the taxpay-both forms, and is exempt the form that will some requirements. Errors which may result to vintage, taxpayers are adductor Goodcell to study the instructions on the really those with regard to personal exemptions and Married persons require return on Form 1040A net income was $5,000 or chiefly from wages and allowed an exemption of exemption for married net income was in excess is $2,000. Action for single persons is whether married or sinner is allowed a credit remembered that the requirement to file a return is placed upon every married person whose net income for 1923 was $2,000 or more, or whose gross income was $5,000 or more, and upon every single person whose net income was $1,000 or more, or whose gross income was $5,000 or more. The fact that by reason of the exemptions and credits, a person's income is not taxable, does not nullify the requirement to file a return if the income equals or exceeds these specified amounts. Net income, upon which the tax is assessed, is gross income less certain deductions for business expenses, bad debts, losses, contributions, etc., provision for which is made on the forme. A head of a family—"a person who actually supports and maintains in one household one or more individuals who are closely connected with him by blood relationship, relationship by marriage or by adoption" is allowed the same exemptions as a married person. In the returns of married persons must be included the net income of both husband and wife and dependent children. If they make separate returns they recieve but one personal exemption, $2,500 or $2,000 as the case may be. The exemption may be taken by either or divided between them. The exemption of $400 for a dependent may be claimed only by the one who furnishes the dependent's chief support. The taxpayer's status on the last day of the taxable year—December 31, 1923, if made on the calendar year basis—determines the amount of his exemptions and credits. If married end living with wife or husband on that day the exemption is $2,500 or owes, divorceees and persons separated by mutual consent are classed as single persons. Collector Goodcell urged salaried and wage-earning taxpayers especially to file their returns during January and avoid the loss of time and inconvenience which results from the February rush with its long line of taxpayers who must wait for their turn at the cashier's window. MOTOR VEHICLE LICENSE Statements at variance regarding motor vehicle license renewals for 1924 have brought confusion in the minds of motor vehicle owners resulting in numerous telephone calls at the State Division of Motor Vehicles and the Automobile Club of Southern California. The situation briefly may be summed up as follows: The Auto Club will cooperate with the Division of Motor Vehicles in the distribution of plates, the Club serving its members only and visiting motorists, who will be supplied with plates from the 30 offices of the organization in this section of the state. Issuance of renewals will begin January 14th. This is the first time that the license will be available in all of the offices of the club, which will eliminate the delays of previous years due to application having to be cleared through the headquarters in Los Angeles. The 1923 certificate of registration and a fee of $3 must be presented for license renewal. This applies to all cars except commercial vehicles. The owners of these are taxed a higher Midson on Your vest for 1924 Savings ON is owned by 66,000 Stockholders, 90 Pct. of whom live in California ON has paid dividends without interruption for 13 years ON has total assets of $186,000,000, devoted to an essential ON has paid dividends without interruption for 13 years ON has total assets of $186,000,000, devoted to an essential business ON is free from personal property tax in California and normal Federal income tax ON PREFERRED sells for $105 cash, or $106 on the installment plan Mia Edison Co. Main Street A, CALIF 46 1924 Investment Dept., Edison Building, Los Angeles Kindly send me data re your ? Pet Preferred Stock Name: Address: