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Newspaper Page Text
Kilbourn. av., identified by wife, who
gave him dollar to look for job.
Never came home.
John Savage, 177 N. Elizabeth,
found dead in bed by rooming house
keeper. Cause unknown.
HOYNE PUSHES TAX PROBE IN
FAVORS TO SEARS-ROEBUCK
The way property values are
squeezed down for assessment so that
the city loses millions of tax dollars
will be brought before the grand jury
through the testimony of Roy O.
West and Fred W. Blocki, members
of the Board of Review. These two
officials will not be summoned as
witnesses. But the record of what
they said under oath in the Rosen
wald case before Judge Olson Sept.
12 will come in.
Hayden N. Bell, assistant state's
att'y, said today: "This is amazing
testimony. It announces a theory of
taxation never heard toefore, either
from statesmen or philosophers. It
announces that one of the control
ling reasons why the review board
knocked off nine-tenths of the taxes
of shareholder? of Sears-Roebuck
stock was because that stock repre
sented what is called "managerial
Malfeasance in office is one of the
charges on which State's Att'y
Hoyne expects to indict tax officials.
Special attention will be given Sec.
9216 of the revenue act, reading:
"The capital stock of all compa
nies, except companies and associa
tions organized for purely manufac
turing and mercantile purposes, or
for the mining and sale of coal, or
for printing, or for the publishing
of newspapers, or for the improving
and breeding of stock, shall be so val
ued as to determine the fair cash
value of such capital stock over and
above the assessed value of the tan
gible property of such company." .
Att'y Bell commented on this law:
"It is plain. It mean sexactly what
it says. Its theory is. that $1,000,000
3?orth of shares in Sears-Roebuck
or any other company shall be as
sessed at $1,000,000, if that is their
fair cash value."
You may get your bite of Thanks
giving turkey after all. Heavy re
ceipts of turkey and all kinds of
dressed poultry were reported by lo
cal commission men today. The re
tailers nicked one cent off the price
and indications were that the dressed
bird may be selling as low as 23
cents a pound before Wednesday
BLOCKS MINIMUM WAGE
St. Paul, Minn., Nov. 23. Judge
F. M. Catlin today granted a tem
porary injunction against the work
ing of the minimum wage commis
sion which had ordered into effect to
day a minimum wage scale of $9 a
week for women.
She What a loss it would be if
that marvelous waterfall should
He What do you mean loss 2
We've seen it
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