oc-plain-dealer 1922-03-02

DAILY GREETINGS TO OUR READERS Peace is the bountiful goddess who bestows Weddings, and holidays, and joyous feasts. Relations; friends, health, plenty, social comforts. And pleasures which alone can make life a blessing.—Cumberland. Sloth hangs crape on the door of Opportunity. Moral sewage should not be drained through the public press. Fear the worst today, ride in the hearse tomorrow. Scrap your fears. The country which permits only its property-holders, to vote is far from being democratic. There is no profit that dishonesty gives that is real profit. Dishonest profits are essentially losses. It is so easy to Speak a kind word. And so often are wounded hearts healed and soothed by kind words! Good management consists in not attempting to indulge in caviar living on a ham-sandwich income. Greed is greed, whether found in the rich or the poor. It is no more excusable in one class than in the other. There's many a slip between getting a peace-conserving treaty sub- BONUS PLAN SHOULD BE ON DEFINITE BASIS Soldier bonus legislation, it is reasonably certain, will be enacted by Congress at this session. The one great problem in this connection, is to find ways and means to provide revenues to meet the adjusted compensation payments after Congress legislates. President Harding is said to be strongly opposed to depending upon refunded foreign-loan bonds to meet bonus payments. It is pointed out, from the White House, that the refunding measure will not be completed before the passage of the bonus bill. The President insists that definite means of raising the requisite revenues be found by Congress. There should be no trifling in this matter. When the bonus measure is passed, business-like provision should be made by Congress to meet payments without distressing delay. The element of time, as to getting this relief, is important with many veterans. They should have aid without harrowing waiting. In view of the fact that Congressional elections take place this year, there will be more or less of politics in considering the bonus measure. Those members of Congress who aspire to re-election and who are governed by motives of expediency, will seek, on the one hand, to curry favor with the soldier vote by supporting the bonus. On the other hand, they will undertake to devise some means of getting bonus funds without levying federal taxes in forms that would be unpopular with the people. Because of these angles of influence, it is difficult to forecast just what form THE COOL. GRAY CITY (San Francisco) Tho I die on a distant And they give me land. Yet carry me back to Carry me back to pity! For I think I could n Afar from her mig She is fairer than ot Whom they sing t Her heart is a song My cool, gray city Tho they tear the brow, To her is ever my Ever to her I give m First in rapture an Wayward, passionate Glad of the life Go The sea-winds are h And the sea-gull i Cleanly and strong My cool, gray city The winds of the F And the iron wall And the Western under And her gaze is ever In the dream of h Her sea is a voice t And her star a v And her wind a vol My cool, gray city Tho they stay her f In her is the far Under the rain of W Vine and rose will Tho the dark be co Yet her sea-fog's And great is thy te Is joy and the pa And great is thy te O cool, gray city It is so easy to speak a kind word. And so often are wounded hearts healed and soothed by kind words! Good management consists in not attempting to indulge in caviar living on a ham-sandwich income. Greed is greed, whether found in the rich or the poor. It is no more excusable in one class than in the other. There’s many a slip between getting a peace-conserving treaty submitted to the Senate ad in getting it ratified. Uncle Sam is the world’s financial giant. But he is not of the type of Goliah whom some little David might say. To read shallowly, without thinking upon and digesting what is read, is harmful rather than helping to the mind. The place where simplicity and expeditionousness in applying law to the fostering of justice should prevail in the court room. It would be a good thing if everybody in this country send the United States Constitution, including all its amendments, once or twice each year. In the game of life, Opportunity gives no rain-checks. One must take the best of every chance, be the weather fair or foul, else failure will come. The world is advancing steadily and surely toward the preservation of peace. Compare what has been done recently and what is in prospect, for the safe-guarding of just peace throughout the world, with what had been done and was being done ten years ago. More is being said and done today to keep peace in the world than ever was said and done before. MONETARY SAVINGS BY NAVAL HOLIDAY Approximately $200,000,000 will be saved to the United States on the navy building program, because of the agreement reached, in the Arms Conference, to reduce naval armaments. Great Britain and Japan each will effect about the same saving, it is estimated. This element of substantial economics in naval outlays is deserving of favorable consideration in appraising the good works of the Arms Conference. Besides this huge initial saving to the United States, it should be possible greatly to curtail naval expenses during the years that this historic “holiday” continues. This phase of international accord should not be overlooked. Through this compact and through other international agreements which may be made in future, this Nation’s armament budget should be reduced very materially. The monetary burdens incident to the maintaining of huge armaments have fallen heavily upon taxpayers. Sweeping decreases in these outlays would be welcomed quite heartily by the American people. Relief from the burdens of taxation is one of the boons that will surely come from the cutting down of armaments. 38 Wells Drilling at Santa Fe Springs (By State Mining Bureau) Since the first of the year 25 new wells have been started at Santa Fe Springs. Thirty-eight wells are now drilling. When, in the latter part of 1921, well No. "Bell" 1 of Union Oil Co. came in, flowing over 200 barrels per day of high gravity oil, an active leasing and drilling campaign was precipitated. Judged by the production of the discovery well and the recent gas blow-outs at three other wells of Union Oil Co., the Santa Fe Springs oil field is an important potential source of high grade petroleum and commercial gas. Although showings of gas had been noted at depths correspondingly recorded in the early development of the Hay Lake of Standard Oil Co. within Naval Petroleum Reserve No. 1 in Kentucky and several wells of Shell Company at Long Beach. In each of these fields, commercial gas wells are how being operated. The oil bearing formations at Santa Fe Springs oil field, gauged by the discovery well, are deep but—the oil is of such high grade and quantity of production as to justify operators in facing hazards such as those encountered in drilling through the gas zone. It will be necessary to work out a development program whereby both the gas and oil can be saved, protected and produced. The Santa Fe Springs oil and gas company elections take place this year, there will be more or less of politics in considering the bonus measure. Those members of Congress who aspire to re-election and who are governed by motives of expediency, will seek, on the one hand, to curry favor with the soldier vote by supporting the bonus. On the other hand, they will undertake to devise some means of getting bonus funds without levying federal taxes in forms that would be unpopular with the people. Because of these angles of influence, it is difficult to forecast just what form bonus legislation will take. This statement is Carter, collector for California. "Compensation vices in the form of commissions, fees or pensions form them; the returns of millions. As a general rule it is subject to tax; are exceptions with payer in the interest as the government, zize himself. Salaries paid to employees by a state division thereof (chamlet) are exempt. The reason for thiseral government activities of a state by a notary public at state are not taxable paid jurors by a subdivision thereof. suits however, even by state's attorney employes of the served by them are tion. The commission points pointed by state courts are not taxations of an adminis­tare taxable because by a state or politic out of the estate of Salaries of federals ployes, including tories and the Dis are subject to tax paid by the United bassadors, minister credited to foreign foreign government citizens are taxable spent by them for a deductible. Fees federal government come, likewise thereto referee trustee or national bankrupt ceived by a notary ed by the District taxable. Annuities paid to retired employer to the extent that amount of the pay amounts withheld sation of the em deducted and with salary, pay or comp employees in the United States, in provisions of the pensions to gov NOTICE! Don't complain about your government not being run to suit you. Register so as to be able to express your sentiments. Saturday is the LAST day. The oil bearing formations at Santa Fe Springs oil field, gauged by the discovery well, are deep but the oil is of such high grade and quantity of production as to justify operators in facing hazards such as those encountered in drilling through the gas zone. It will be necessary to work out a development program whereby both the gas and oil can be saved, protected and produced. The Santa Fe Springs oil and gas field is 14 miles southeast of Los Angeles and contiguous to a populous area, where gas will be increasingly in demand for industrial and domestic uses. WISE AND WITTY SAYINGS IN BRIEF Abuse will put more pep in you than praise. A good reputation needs an awful lot of watching. Working for money is the best way so far invented for getting it. Things founded on error never last, while things founded on right always do. People will think you are real smart if you hem and haw a little before you begin to talk. Insurance protects everything but reputation. MANY WATER COURSES New Zealand is so well supplied with water courses that seven large and 29 small projects for harnessing their power are being developed. NOVEL PHONOGRAPH There are only two moving parts in a new electric motor for photographs in which a large copper ring revolves thru an electromagnetic field. THE COOL, GRAY CITY OF LOVE (San Francisco) Tho I die on a distant strand, And they give me a grave in that land. Yet carry me back to my own city! Carry me back to her grace and pity! For I think I could not rest Afar from her mighty breast, She is fairer than others are Whom they sing the beauty of. Her heart is a song and a star— My cool, gray city of love. Tho they tear the rose from her brow, To her is ever my vow; Ever to her I give my duty— First in rapture and first in beauty Wayward, passionate, brave, Glad of the life God gave. The sea-winds are her kiss, And the sea-gull is her dove; Cleanly and strong she is— My cool, gray city of love. The winds of the Future Wait And the iron walls of her Gate, And the Western ocean breaks in thunder, And the Western stars go slowly under, And her gaze is ever West. In the dream of her young unrest. Her sea is a voice that calls, And her star a voice above. And her wind a voice on her walls— My cool, gray city of love. Tho they stay her feet at the dance, In her is the far romance, Under the rain of Winter falling. Vine and rose will await recalling. Tho the dark be cold and blind. Yet her sea-fog's touch is kind, And great is thy tenderness. Is joy and the pain thereof; And great is thy tenderness, O cool, gray city of love. ——George Sterling. Income Tax Facts FISHER CONTINUES EXHAUSTIVE TEST (With Oil Operators) From sources considered reliable a report emenated that the Fischer Oil Co. had reached a depth of 3800 feet and would go no further. The information was decidedly in error, the Fischer Oil Co. announces that at 2881 a sufficient showing of light oil was struck that warrants going ahead and making an exhaustive and thoro test. The showing, while light, is that of live oil, and makes the south side of the Long Beach field look more encouraging. The Fischer Oil Co. has set a string of 8¼ above the showing, and will go 5000 feet if necessary and find the source of the good showing. The Fischer has the showing and the courage to go ahead and will extend the boundaries of Long Beach's oil field if it is possible to do it. The center of interest is now on the Henderson Petroleum's Lekas No. 1. The well is standing with 8¼ set at 2338. If this string of pipe catches all the water a lot of operators will be pleased as it will change somewhat the method or development on the northwest side of the hill. It will mean that a string of eight-inch can be set shutting off all the water. All that will be necessary then will be to go in with the oil string and bring the well in. Both the Shell Co. and the Dabney Oil Syndicate are watching the outcome of the Henderson Syndicate well. The Pacific Petroleum Corp. (E.J. Miley) has resumed work on Signal Hill. Miley will put the Petells Irvine well down to production, and starts on the famous Updike well located on the extreme east side of the field. Miley discontinued drilling on the Updike several month ago, deciding to await future development. As the future development did not materialize the Pacific Petroleum Corp. Is going ahead. A lot of geological work has been done by Miley's engineering team. JIM JEFFRIES WILL BECOME EVANGELIST LOS ANGELES, Mar. 2. —James J. Jeffries will become an evangelist with a three months' time. The former world's champion prize fighter whose father was a minister, announced at his ranch in Burbank however, that his action depends for most part upon the publication of an historical work by A.F.Futterer of this city, who is writing a book based upon the Old and New Testaments in which he reduces to simple language the teachings of the religious world of the past and present. Jeffries became intensely interested, and now stands ready he said to carry the gospel in its new interpretation to the hearts of the thousands. It is not a new religion in any sense that Futterer would propound, the ex-pugilist said. NAME EARL DEZELL EXCHANGE MANAGER LOS ANGELES, Mar. 2. —Earl G. Dezell, assistant general manager of the California Fruit Growers Exchange, has been appointed to succeed the late G. Harold Powell as general manager. He began his career as office boy with the So.Calif.Fruit Exchange in February, 1897. The former exchange was shipping 2,000 cars of fruit annually at that time. The present exchange ships 40,000 cars, and "Sunkist" is known around the world. Dezell was formerly assistant to B.A.Woodford, predecessor of Powell. He was manager at one time of the Fruit Growers Supply Co., and also head of the eastern office of the exchange in Chicago. President C.C.Teague said that the action in favor of Dezell was an unanimous as any similar action since he had been connected with the organization. NEW STATION AT ORANGE Negotiations are completed with the Kredel estate whereby the Crown and the Riverside-Santa Ana stage lines have secured a lease on one of the two store rooms in the tile building to be erected on West Chapman's Orange next door east of the Income Tax Facts This statement is issued by John P. Carter, collector for the sixth district of California. "Compensation for personal services in the form of salaries, wages commissions, fees tips bonuses and pensions form the principal item in the returns of millions of taxpayers. As a general rule, all such income is subject to tax. However there are exceptions with which the taxpayer in the interests of self as well as the government, should familiarize himself. Salaries paid to its officers and employees by a state or 'political subdivision thereof' (city town county or hamlet) are exempt from taxation. The reason for this is that the federal government does not tax such activities of a state. Fees received by a notary public commissioned by a state are not taxable, neither are fees paid jurors by a state or political subdivision thereof. Witnesses in law suits however, even though subpoenaed by state's attorney are not considered employees of the state and fees received by them are subject to taxation. The commissions of a receiver appointed by state county, or municipal court are not taxable. The commissions of an administrator or executor are taxable because they are not paid by a state or political subdivision, but out of the estate of the deceased. Salaries of federal officers and employees, including those of the territories and the District of Columbia are subject to tax. Salaries and fees paid by the United States to its ambassadors, ministers or consuls accredited to foreign countries or by a foreign government to United States citizens are taxable and the amount spent by them for entertaining is not deductible. Fees paid a juror by the federal government are taxable income, likewise the fees received by a referee trustee or receiver, under the national bankruptcy act. The fees received by a notary public commissioned by the District of Columbia are taxable. Annuities paid by the government to retired employees are subject to tax to the extent that the aggregate amount of the payments exceeds the amounts withheld from the compensation of the employees. Amounts deducted and withheld from the basic salary, pay or compensation paid to employees in the civil service of the United States, in accordance with the provisions of the act providing for pensions to government employees. The Pacific Petroleum Corp. (E.J. Miley) has resumed work on Signal Hill. Miley will put the Petfells Irvine well down to production, and starts on the famous Updike well located on the extreme east side of the field. Miley discontinued drilling on the Updike several month ago, deciding to await future development. As the future development did not materialize the Pacific Petroleum Corp. is going ahead. A lot of geological work has been done by Miley's engineering department on the Updike location and some very interesting facts have been established. Drilling will prove or disprove the facts. The Jergins well developed some water a few days ago. The water seemed to cause a big sand heave that shut off the production. A lot of trouble has been experienced with this well from the start. Completed at 2306 feet it looked like a big producer two months ago. The well showed great quantities of oil, but did not have sufficient gas to make it flow. Pumping has been menaced by one thing and another, the water coming in being the latest trouble. The Long Beach City well Continental No. 1 is down on production. Two weeks ago the well dropped rapidly from 350 to almost nothing. Cleaning out and putting it back on production resulted in only a 150-barrel well. Just why the production should fall off so heavily is a mystery. Three thousand barrels of new production was the record made by Huntington Beach during the past week. The Standard Oil Co. developed 2500 barrels of this production in five wells. On the Huntington A tract the Standard completed No. 16 at 2787 and brot in an 800-barrel flowing well. Huntington D-3 finished at 2650, started off doing 400 barrels. On the E-4 section No. 4 at 2380 feet came in doing about 100 barrels. The fourth well and a big one, was brot in on the famous Bolsa property. Bolsa No. 5 drilled to 2820 feet startted off at 1000 barrels, later settling down to 800. purchase of annuities provided for in the act. Inquiries received indicate the impression in the minds of many persons that all school teachers are exempt from payment of the income tax. Teachers are not exempt because engaged in educational work. As a rule the salaries paid public school teachers are exempt, but only for the reason that they are employees of a state or political subdivision thereof. The special exemption of $3,500 allowed under the revenue act of 1918 persons in active service in military and naval forces is repealed by the revenue act of 1921. Soldiers and sailors are allowed only the exemptions granted other individuals $1,000 DRESS OXFORDS FOR MEN $4.98 and $5.48 NEW SHIPMENT OF MEN'S OXFORDS, MADE OF BROWN CALF IN PLAIN AND BROGUE PATTERNS. ALL SIZES. $4.98 and $5.48 Kafateria Shoe Store 109 W. Center St. ANAHEIM ALLEN AND EBY IN COLLISION TODAY An accident occurred about 8:30 a.m. today at the intersection of Olive and Center-sts when a Cadillac driven by W. B. Allen of E. Broadway was in collision with a Chevrolet driven by Arthur Eby of N. Bush-st. Mr. Allen was coming off Olive onto Center-st and Mr. Eby was coming along Center-st. Mr. Allen says he saw Eby when he was about one-third of a block away, and that as he came nearer saw that he was looking way. He says he shouted to Eby but not in time to avoid the accolade. The Chevrolet struck the Cadillac in the rear, damaging it. The Chevrolet lost a wheel and a bent axle. No one was seriously hurt. CANADIAN EXCHANGE Canadian exchange quotations as furnished today by the First National bank of Pasadena are as follows: Selling 2½, buying at 3. "Sparklesthat's my name" I am Sparkles! I come in many forms of beautiful jewelry. For centuries, people have sought me out to send to their loved ones and friends. How beautiful I make them! How happy they are to own me! I please everybody, young and old. Each week I will appear in this newspaper and tell I am Sparkles! I come in many forms of beautiful jewelry. For centuries, people have sought me out to send to their loved ones and friends. How beautiful I make them! How happy they are to own me! I please everybody, young and old. Each week I will appear in this newspaper and tell you about my jewelry. Many things you DESIRE and NEED, you will find in our store. Come in, we will welcome you. Reasonable Prices for Reliable Jewelry DIAMONDS-JEWELRY WATCHES-SILVERWARE RELIABLE WATCH-CLOCK AND JEWELRY REPAIRING The Jewel Box Gifts Only Please Arthur A. Colin Prep NEW CENTER ST. ANHURST CALIF. Buy fine quality this spring; it’s the only way to save money We don’t say that because we sell nothing but fine goods. It’s the other way around; we sell fine goods because we know they are economy for you. The new Hart Schaffner & Marx clothes for spring are the greatest values we’ve seen in years. The value is in the fine fabrics, the smart styles, the long service you get. Come in and let us show you. F. A. YUNGBLUTH Home of Hart Schaffner & Marx Clothes “By All Means Get a Fit”