OCR Interpretation


Evening star. [volume] (Washington, D.C.) 1854-1972, March 24, 1940, Image 6

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045462/1940-03-24/ed-1/seq-6/

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Summary of District Sales-lncome Tax Program Before House
- ♦-;-:
Detailed Analysis
Of Bill Providing
Combination Levy
Transactions of 3 Cents
Or More Covered in
Draft of Measure
A summary of the District’s pro
posed new tax program, which will
be considered in the House this
week, follows:
In brief, the proposed legislation
calls for:
1. A 2 per cent sales and use tax
on tangible personal property sold
at retail, to become effective Janu
ary 1, 1941.
2. A graduated income ta:; on
earned incomes in excess of $10,000
and on investment (or unearned) in
comes in excess of $1,000, to be ap
plicable to incomes for the current
taxable year.
3. Continuation of the present flat
rate 5 per cent corporate income tax.
4. Repeal of the current tax on
personal net income.
The new income tax would be im
posed on taxable income at rates
ranging from 2 to 7 per cent, as
follows: 2 per cent on the first $1,000
of taxable Income, 3 per cent on the
next $2,000. 4 per cent on the next
$2,000. 5 per cent on the next $2,000,
6 per cent on the next $2,000 and 7
per cent on all taxable income above
$9,000.
Returns Required.
Income tax returns would be re
quired of (1) Every individual having
a net income for the taxable year
(net income being the gross income
less the deductions allowed); i2)
Every individual having earned in
come in excess of $10,000 for the
taxable year, and (3) Every indi
vidual having income other than
earned income in excess of $1,000 for
the taxable year.
This tax also would apply to the
Incomes of fiduciaries and the in
comes of estates or any kind of
property held in trust.
The income tax portion of the bill
follows closely the provisions of the
District's present income tax, with
the exception that salary and wage
incomes under $10,000 and invest
ment incomes under $1,000 would be
exempt.
Because of the $10,000 earned,in
come and $1,000 unearned income
exemptions no provision is made in
the new tax bill for the personal
exemptions and credits for depend
ents contained in the present In
come Tax Act.
The income taxes, both personal
and corporate, are applied to in
comes during 1940, the time for
filing returns and paying bills de
pending on whether the income is
on a calendar or fiscal year basis.
Returns Due April 1.
Returns made on a calendar year
basis would be filed on or before
the first day of April. Returns
made on a fiscal year basis would
be filed on or before the first day
of the fourth month following the
close of such fiscal year. Those
filing returns on a fiscal year basis
would be required to pay half of
the total amount of the tax on the
first day of April and the remaining
half on or before June 15, while
those filing returns on the basis of
a fiscal year would be required to
pay half the tax on or before the
first day of the fourth month fol
lowing the close of the fiscal year
and the other half on the 15th
day of the sixth month following the
close of the fiscal year.
The term “taxable income” means
the amount of the gross income
less the allowable deductions. In
the case of resident individuals,
gross income includes gains, profits
and income derived from salaries,
wages or compensation for personal
services of whatever kind and in
whatever form paid, including sal
aries, wages and compensation paid
by the United States to its officers
to the extent that the same is not
immune from taxation under the
Constitution, or income derived from
professions, vocations, trades, busi
nesses. commerce or sales or deal
ings in property; also from rent,
royalties, interest, dividends, securi
ties or transactions of any business
carried on for gain or profit.
Only District Income Taxed.
In the case of corporations and
non-resident individuals gross in
come includes only the income from
sources within the District, The de
ductions provided would be allowed
to corporations and non-resident in
dividuals only if and to the extent
that they are connected with income
from sources within the District.
The proper apportionment and al
location of income and deduction'
with respect to sources of income
within and without the District
would be determined by formulas
which the Commissioners would "be
authorized to prescribe. *
In addition to the $10,000 earned
income and $1,000 unearned income
exemptions, the following items
would be excluded from gross in
come and exempt from those im
posed bv the bill:
1. Amounts received under a life
insurance contract paid by reason of
a death (unless the money is being
held by the insurer under an agree
ment to pay interest on it, in which
case the interest payments must be
Included in gross income.
2. Amounts received under a life
Insurance or endowment contract
(other than amounts paid by rea
son of death, interest payments on
such amounts and other than
amounts received as annuities'), un
less they exceed the aggregate pre
miums paid, in which case the ex
cesses must be reported. Amounts
received as an annuity under an
annuity or endowment contract
would be included in gross income,
except that there shall be excluded
from gross income the excess of the
amount received over an amount
equal to 3 per cent of the aggregate
premiums paid for such annuity until
the aggregate amount excluded from
gross income equals the aggregate
premiums paid.
Gifts, Bequests Exempt.
3. The value of property acquired
by gift, bequest, devise or inherit
ance (but the Income from such
property shall be included in gross
income).
4. Interest on (a) the obligations
of a State, territory or any polit
ical subdivision or the District of
Columbia, (b) obligations of a cor
poration organized under act of
Congress if such corporation is an
instrumentality of the United States
or (c) the obligations of the United
States or its possessions.
5. Amounts received through ac
cident or health insurance or under
*
workmen’s compensation acts, as
compensation for personal Injuries
or sickness, plus the amount of
damages received, whether by suit
or agreement, on account of such
injuries or sickness.
6. The rental value of a home fur
nished to a minister as part of his
compensation.
7. Income of any kind to the ex
tent required by any treaty obliga
tion of the United States.
8. Amounts distributed as divi
dends by a corporation organized
under the China Trade Act of 1922,
if, at the time of the distribution,
the recipient is a resident of China.
11. Income from foreign govern
ments.
12. Payments of benefits to or on
account of a beneficiary under any
of the laws relating to veterans.
Deductions Allowed.
Deductions from gross income pro
vided fall into 11 groups, namely:
1. Expenses.—All the ordinary and
necessary expenses paid or incurred
during the taxable year in car
rying on any trade or business,
including a reasonable allowance
for salaries or other compensation
for personal services actually
rendered; traveling expenses while
away from home in pursuit of a
trade or business, and rentals or
other payments required to be made
as a condition to the continued use
or possession, for purposes of the
trade or business, of property to
which the taxpayer has not taken
title or in which he has no equity.
2. Interest.—All interest paid or
accrued within the taxable year on
indebtedness.
3. Taxes.—Taxes paid or accrued :
within the taxable year except in
come taxes; estate, inheritance,
legacy, succession and gift taxes,
taxes assessed against local benefits
of a kind tending to increase the
value of the property assessed, and
taxes paid to any State or territory
on property, business, or occupation,
the income from which is not tax
able under this law.
Business Losses.
4. Losses.—Losses sustained in
i trade or business and not compen
sated for by insurance oc otherwise,
if the trade or business is subject
to this tax.
5. Losses incurred in any trans
action entered into for profit, and
not compensated for by insurance or
otherwise, ii the profit would be sub
ject to this tax.
6. Intercompany dividends. — In
the case of a corporation, the amount
received as dividends from a domes
tic corporation, which is subject to
the income tax.
7. Bad debts—Debts ascertained
to be worthless ana charged off
within the taxable year, or a reason
able addition to a reserve for bad
riphts I
8. Insurance premiums.—All fire,
tornado and casualty insurance pre
miums paid during the taxable year
in connection with property held for
investment or business.
9. Depreciation. A reasonable al-'
lowance for exhaustion, wear and
tear of property used in the trade
or business, including a reasonable
allowance for obsolescence and, in j
the case of natural resources, for
depletion.
Gifts to Charity.
10. Charitable contributions. —
Contributions paid for the use of any
corporation, or trust, or community
fund, or foundation, organized and
operated exclusively for religious,
i charitable, scientific, literary, mili
tary or educational purposes, no part
of the net income of which inures
to the benefit of any private share- j
holder or individual; Provided, That j
such deductions shall be allowed only
in an amount not exceeding 15 per
cent of the taxpayer’s net income.
These deductions are allowed only as
to contributions or gifts made to
corporations, associations or insti-!
tutions incorporated by or organized
under the laws of the District or
maintaining activities in the District
for exclusive public purposes.
11. Wagering losses.—Losses from
wagering transactions are allowed
; only to the extent of the gains from
such transactions.
Limited to District.
The bill further provides that in
the case of a taxpayer, other than
a resident, the above deductions
shall be allowed only to the extent
that they are connected with income
arising from sources within the Dis
trict and taxable under this title
to a nonresident taxpayer. The
apportionment and allocation of the
deductions with respect to sources
of income within and without the
District shall be determined under
rules and regulations which the
Commissioners would be authorized
to prescribe.
No gain or less from the sale or
exchange of a capital asset (mean
ing property held by the taxpayer
more than .two years) is recognized
in the computation of net income
under this title. Gains or losses
from the sale or exchange of prop
erty other than capital assets shall
be treated in the same manner as
other income or deductible losses.
Deductions Not Allowed.
The deductions not allowed under
the proposed bill are similar to those
in the present income tax act. In
general, no deductions would be
allowed in respect to:
1 Personal, living or family ex
penses.
2. Any amount paid out for new
buildings or for permanent improve
ments or betterments, made to in
crease the value of any property or
3. Any amount expended in re
storing property or in making good
the exhaustion thereof for which
an allowance is or has been made.
4. Premiums paid on any life in
surance policy covering the life of
any of any officer or employe or of
any person financially interested in
any trade or business carried on by
the taxpayer when the taxpayer is
directly or Indirectly a beneficiary
under such policy.
5. Any amount otherwise allow
able as a deduction which is allo
cable to income not required to be
included in gross income for the
purpose of this tax.
Must File Complete Return.
Although corporations and non
resident individuals are subject to
the tax only for their gross income
from sources within ithe District, to
receive the benefits of the deduc
tions they must file a return of
their total income received from all
sources, whether within or without
the District.
The so-called charitable contri
bution deduction would be allowed
corporations and non - residents
whether or not connected with in
come from sources in the District,
but the other dedudetions would be
allowed only to the extent they are
connected with income from sources
within the District.
The measure allows both residents
and non-residents credits against
the tax for income taxes paid to
States or Territories. In the case
of residents, the bill provides:
Whenever a resident Individual
of the District becomes liable for in
come tax to any State or Territory
upon his net income, or any part
thereof, for the taxable year, de
rived from sources within the Dis
trict and subject to taxation under
this title, the amount of income tax
payable by him under this title
shall be credited on his return with
the income tax so paid by him to
any State or Territory upon his pro
ducing to the assessor satisfactory
evidence of the fact of such pay
ment.
Amount of Credit Limited.
There is a further provision, how
ever, that such credit shall not ex
ceed that proportion of the tax pay
able to the District that the por
tion of taxable income taxed by
such State or Territory bears to
the total net Income of the resi
dent. This credit also would not
be granted when the laws of the
State or Territory involved pro
vide for credit to the taxpayer sim
ilar to that granted by the District.
As an example, suppose Mr. Jones
is a resident of the District, is em
ployed in Baltimore at a salary
of $5,000 and, in addition, received
a $5,000 income from a store in
Washington. Suppose that his tax
to the District is $100 on the $10,000
income, and on the $5,000 earned
in Maryland he pays that State $75.
Now. although he paid $75 to Mary
land, he cannot credit the entire
amount against the local tax. He
can claim a credit of only half
that amount because the Maryland
income amounts to half the total in
come.
Non-resident Credits.
The section allowing non-residents
credits against the local tax for in
come tax paid a State or Territory
says:
Whenever a non-resident indi
vidual of the District has become
liable for income tax to the State
or Territory where he resides upon
his net income for the taxable year,
derived from sources within the
District and subject to taxation
under this title, the amount of in
come tax payable by him under this
title shall be credited with such pro
portion of the tax so payable by
him to the State or Territory where
he resides as his income subject to
taxation under this title bears to
his entire income upon which the
tax so payable to such other State
or Territory was imposed.
This section also provides that
such credit shall be allowed only if
the laws of said State or Territory
(1) grant a substantially similar
credit to residents of the District
subject to income tax undei such
laws, or (2) impose a tax upon the
personal income of its residents de
rived from sources in the District
and exempt from taxation the per
sonal income of residents of the
District. No credit would be allowed
against the amount of the tax on
any income taxable under this title
which i^ exempt from taxation un
der the law's of such other State br
Territory.
Filing Fee Required.
As an example of the non-resident
credit, suppose Mr. Smith is domi
ciled in Maryland, has a store in
the District from which he derives
an income of $5,000 and is employed
in Maryland with a salary of $5,000.
Suppose further that the local in
come tax on the $5,000 he receives
from the store is $50 and his Man
land tax on his total income of $10,
000 is $150. Mr. Smith thus would
be entitled to a credit of $75 against
the District tax and actually would
not have to pay the local tax, be
cause the $75 Is the same propor
tion of the tax paid to Maryland
as the Income In the District bears
to his total income.
Every corporation not expressly
exempt from the tax would be re
quired to make a return and pay a
filing fee of $25 which would be
credited against the tax. «However,
corporations which during the tax
able year neither engaged in busi
ness in the District nor derived any
gross income from District sources
would be exempt from payment of
the filing fee.
Organizations Exempted.
The following organizations are
specifically exempt: Corporations,
including any Community Chest,
fund, foundation, cemetery, associa
tion, teachers’ retirement fund as
sociation, church or club organized
and operated exclusively for relig
ious, charitable, scientific, literary,
educational or social purposes, or for
the prevention of cruelty to children
or animals, no part of the net earn
ings of which inures to the benefit
of any private shareholder or indi
vidual and no substantial part of the
activities of which is carrying on
propaganda, or otherwise attempt
ing to influence legislation; and
labor organizations, trade associa
tions, boards of trade, chambers of
commerce, citizens’ associations or
organizations, not organized for
profit, etc.; banks, insurance com
panies, building and loan associa
tions, and companies, incorporated
or otherwise, which guarantee the
fidelity of any individual or individ
uals, such as bonding companies, all
of which pay taxes upon gross pre
miums or earnings under existing
laws of the District; voluntary em
ployes’ beneficiary associations pro
viding for the payment of life, sick,
accident or other benefits to mem
bers if (1) no part of their net
earnings inures to the benefit of any
private shareholler or individual,
and (2) 85 per cent or more of the
income consists of amounts collected
for the sole purpose of making such
: payments and meeting expenses.
Estates and Trusts.
With respect to estates and trusts,
the Income tax would apply to the
income of estates or any kind of
property held in trust, including:
1. Income accumulated in trust foi
the benefit of unborn or unascer
tained persons with contingent in
terests, and income accumulated or
held foi future distribution under a
will.
2. Income which is to be distrib
uted currently to the beneficiaries,
and income collected by a guardian
of an infant which is to be held or
distributed as the court may direct.
3. Income received by estates of
deceased persons during the period
of administration or settlement of
the estate.
4. Income which, in the discre
tion of the fiduciary, may be either
distributed to the beneficiaries or
accumulated.
Individuals carrying on business
in partnership would be liable for
income only in their individual ca
pacity, under the bill which would
make no assessment on the net in
come of a partnership. Every part
nership would be required to make a
return, however, listing the items of
gross Income and deductions.
Extensions Permitted.
The new bill's provisions for col
lection of the tax, extension of time
for payments, deficiency assess
ments and collections, delinquent
returns, appeals, penalties for false
returns or failure to file returns,
interest on deficiencies, additions to
:he tax in cases of deficiency or non
payment closely follow those in the
present tax act.
The assessor would be authorized
to extend the time for payment of
the tax for a period not to exceed
six months. A period of limitation
upon assessment and collection also
is provided. Except for false or
fraudulent returns, the tax imposed
shall be assessed within two years
after the return was filed and no
proceeding in court without assess
ment for the collection of such taxes
shall be begun after the expiration
of such period.
If the taxpayer omits from his
gross Income an Includible amount
in excess of 25 per cent of the gross
income listed in his return, the tax
may be assessed, or a proceeding
in court begun at any time within
five years after the return was filed.
In the case of a false or fraudulent
return with intent to evade tax, or
of failure to file a return, the tax
could be assessed or court proceed
ings started at any time.
For willful violations of the law
fines up to $10,000 or imprisonment
up to one year, or both, are pro
vided. The measure also provides
fines up to $300 for each day of
failure to file a return, pay the tax
or keep such records as are re
quired.
Retail Sales Tax.
The retail sales tax portion of the
combination tax provided in the
new bill cajls for:
1. A 2 per cent tax on the gross
receipts received from the sale with
in the District of tangible personal
property at retail.
2. A 2 per cent tax on the use,
storage, or consumption within the
District of any articles which if pur
chased in the District wbuld have
been subject to the sales tax. This
tax would be reduced by any retail
sales tax paid on such article with
out the District. The use tax would
not apply, however, to (1) property
acquired in any month which does
not exceed $25 in aggregate value,
and (2) property brought into the
District by a non-res' >nt for his use
or enjoyment while temporarily in
the District, unless such property is
used in conducting non-transitory
j business activity within the District.
Here are the items exempt from
| the sales tax:
1. Sales immune from taxation
, under the Constitution or laws of
the United States.
Meals Not Exempt.
2. Sales of food and food products
for human consumption off the
premises. This exemption does not
apply to meals, whether consumed
on or off the premises where sold,
nor to candy, confectionery, alco
holic beverages, soft drinks and
sodas.
3. Sales of medicine for human
consumption and use.
4. Sales of motor fuel, except that
this exemption shall not apply to
sales of motor fuel purchased for
any other purpose than the use in a
motor vehicle operated or intended
to be operated in whole or in part
on District highways.
5. Sales to or by the governments
of the United States and the Dis
trict.
6. Sales of newspapers and peri
odicals.
7. Sales of materials incorporated
in any structure building, or project
constructed by a contractor for the
United States or the District, or any
agency thereof.
Tangible Personal Property.
The term "tangible personal prop
erty" means personal property which 1
j may be seen, weighed, measured, j
felt, touched or is in any manner
! perceptible to the senses. This in
I eluded sales of electricity, sales of
gas and sales or admission to any
' place of amusement, Including mov
i lng pictures, theaters, theatrical j
performances, shows, circuses, ath- j
letic events, boxing and wrestling
contests, concerts, amusement parks,1
piers, swimming pools, bathing es
tablishments, fairs and all other
places at or in which the public
may be entertained.
Streetcar and bus fares, however,
are specifically exempt from the sales
tax.
Under the pending plan the tax
would be paid by consumers to the
retailers in tokens, which the Com
missioners would be authorized to is
sue in denominations of 1 mill and 5
mills. The tax would be collected ac
curate to the nearest one-tenth of 1
per cent.
As the bill now is written pur
chases as low as 3 and 4 cents would
be subject to the sales tax. In the
collection of the tax, the measure
says, a fractional part of a mill shall
be disregarded unless it amounts to
one-half mill or more, in which case
it would be increaased to 1 mill.
Thus, a 1-mill tax would be collected
on 3 and 4 cent purchases because
the tax on each one would amount
to more than half a mill.
Quarterly Returns Required.
The new bill provides that within
15 days after the quarter ending
March 31t 1941, and within 15 days
after the close of each subsequent
quarter every retailer in the District
shall furnish the assessor a return
showing his gross receipts during
the preceding quarter. At the same
time, the retailer would pay the tax
collector the amount of the sales tax
collected by him, plus 2 per cent of
the purchase price of property pur
chased and used or consumed by him
without the payment of the retail
sales tax.
To aid in the enforcement, every
retailer would be required to ob
tain a license and pay a license fee
of $5 for each place of business.
The license could be revoked, can
celed, refused or not reissued for
failure to file a return, pay the tax,
or do any act required by the regu
lations. Any one selling retail per
sonal properties not exempt with
out a license would be liable to a i
fine of $300 for each failure.
Every sale of tangible personal
property would be considered a re
tail sale, unless the purchaser de- i
livered to the seller a certificate of
resale on such forms as the Com
missioners would prescribe.
Penalty for Delay.
If returns were not made and
filed on time, the assessor would add
10 per cent to the tax. If the fail
ure was due to willful neglect, 25
per cent would be added. If a re
turn were incorrect or insufficient,
and the amount paid were less than
what was due. the difference, to
gether with Interest at the rate of
1 per cent a month, would have to
be paid by the retailer to the as
sessor. If the tax were not paid
when due. interest would be col
lected at the same rate.
In case of overpayment of the
tax imposed by this title, the over
payment would be refunded to the
taxpayer, but no such refund would
be allowed after one year from the
time the tax is paid.
If any retailer sells his business
or stock of goods and quits the
business. *he would be required to
make a final return and payment of
the sales tax within 15 days after
the date of quitting business. His
successor, if any, would be required
to withhold a sufficient amount of
the purchase money to cover the
amount of taxes, Interest or penal
ties due and unpaid until the for-!
mer owner produces a receipt show
ing the taxes have been paid.
Absorbing Tax Unlawful.
The provisions of the law relating
to examination of books, records and
the taking of testimony applicable
to the personal property taxes would
apply to the taxes imposed under
the retail sales tax title.
It would be unlawful for any re
taller to advertise, hold out, tacitly
represent or state to the public or
to any customer that the sales tax
will be absorbed by him or that it
will not be added to the selling price
of the property sold, or if added, that
it or any part thereof will be re
funded.
Any person failing or refusing to
comply with the provisions of this
title would face a fine of not exceed
ing $300 for each failure, and each
day that such failure or refusal con
tinues, would constitute a separate
offense.
Any person failing to pay the tax
within the time required would pay,
In addition to the tax, a penalty of
10 per cent of the tax, plus interest
at the rate of 1 per cent per month.
Citizens' Group Meets
To Draft Fight on
D. C. Sales Tax
Amending Present Law
To Define Residence
Urged as Substitute
A militant fight on the proposed
combination income and sales tax
for the District was decided on yes
terday by a group meeting under
the auspices of the Citizens’ Con
sumers’ Conference on High Prices
and Profiteering, at the Y. W. C. A.
The chairman of the meeting,;
Herbert S. Wood, was instructed by
those present, some of them repre
senting organizations, others ap
pearing as individuals, to draft a
statement of principles, an outline
of which he read.
With the new District tax bill
scheduled to come up in the House
tomorrow, it was agreed to send a
committee to Capitol Hill in the j
morning with a mimeographed copy
of the group's protest against the!
sales tax.
The tax bill which has been re
ported out by the House District
Committee would substitute a lim
ited sales tax and an income tax
on the higher brackets of salaries,
starting with $10,000, in lieu of the
present income tax law. The exist
ing law is imperiled by the recent
decision of the District Court of
Appeals holding that a Federal
worker maintaining a domicile in a
State could not be required to pay
the old intangible property tax,
which the present income tax re
placed.
Amendment Urged.
Mr. Wood contended that the in
come tax law easily could be
amended to get around such an in
terpretation, should it be upheld by
the Supreme Court. The District
act, he said, could be patterned after
the income tax laws of various
States. Most of these provide, he
pointed out, that persons living
within the borders of the States a
certain period of the year—usually
around nine months—are subject to
taxation, regardless of whether they
maintain ‘‘legal domiciles'’ in other
States.
These laws have worked out w:ell,”
said Mr. Wood. "We could define
similarly a resident of the District
of Columbia as one who spent per
haps nine months out of the year
here. It is true that he also might
be subject to taxation in the State
in which he votes, but that is inevi
table-something we could not pre
vent.”
A sales tax. he added, would place
the burden on the poor and lighten
the taxation on the well-to-do.
While it is true, he said, that the
tax bill up in the House would
exempt food from the sales tax, if
the Government once came to rely
on this form of assessment as the
major support of the District gov
ernment, it would be easy to extend
it to include food and other necessi
ties.
A sales tax, Mr. Wood argued.
would swell the expense of relief and
make the cost of living higher to
those who could least afford it.
It probably would be necessary, he
conceded—if' the group is to have
any chance of achieving its pur
pose—to exempt members of Con
gress and their secretaries from a
District income tax. This probably
could be done, he said, by making a
residence nine months out of the
year a requisite to payment, since
members of Congress and their staffs
usually spend at least three month*
out of the year away from Wash
ington.
New Definition Necessary.
"We feel,” said Mr. Wood, “that
an amendment to the present in- ,
come tax which would stand up in
the courts can be drafted. It is
merely necessary to define ‘resi
dence’ and state more clearly who
can be taxed.”
Mr. Wood declared the income
tax was the fairest form of taxa
tion and the sales tax had been
advocated by business executives
and wealthy persons who had sought
to escape their fair share of the
burden.
Those present included representa
tives of the Citizens’ Federation for
Fair Taxation.
The group, numbering approxi
mately 50, authorized Mr. Wood to
prepare his outline in more perma
nent form, with the aid of other*
present, so that it could be dis
tributed to members of Congress.
Gannett Tells His Ideas
On Labor and Jobless
By the Associated Press.
ST. PAUL, March 23.—Labor
problems tonight, replaced farm
troubles as the immediate concern
of Frank Gannett, Rochester, N. Y.,
newspaper publisher who is seeking
the Republican presidential nom
ination.
He conferred late in the day with
a group of local labor leaders, a
session similar to that he held with
farm leaders this morning.
His own ideas regarding labor re
lations and unemployment were
sketched this noon in a speech be
fore a luncheon meeting sponsored
by the Ramsey County (St. Paul)
Republican Committee.
“If I were President," Mr. Gan
nett said, “I would take an accurate
count of all workers and unem
ployed and give active Government
assistance to the unemployed in
aiding them to find jobs.
“In other words, fire the present
Labor Relations Board at once, re
write or repeal the Wagner Labor
Act and appoint a Secretary of
Labor who will not be in sympath'
with Communistic ideas or sit-down
strikes.”
He departed from his prepared
speech to praise Minnesota’s labor
relations law, which requires a 10
day waiting period before strikes
or lockouts and provides for con
ciliation efforts by a .State con
ciliator.
District motor accidents during
January and February of 1940 fell
off 467 from the 2,286 accidents dur
ing October and November in 1939.
“ZOOK WHAT A FEW EXTRA'
DOLLARS DID FOR VS l” I
“MADE US REALLY
PROUD OF OUR CAR Z”
“PUT US UP IN THE
BIG CAR CLASS I"
COMPARE OLDS WITH
LOWEST PRICED CARS,
FOR ONLY A PEW’DOLLARS
MORE IN COST, OLDS
GIVES YOU A WHALE
OP A LOT MORE IN
EVERYTHING l
“BOUGHT us all this
EXTRA VALUE t”
EXTRA SIZE r Inside and out! Longer
—197% inches from bumper to bumper.
EXTRA STELE / From coast to coast,
they call it, “the best looking car on the road!”
EXTRA ROWER ? Big 95 H. P. Econo
Master Engine in the Sixty that delivers
more power, uses less gas!
EXTRA COMPORT ? The only low
priced car with the Rhythmic Ride and modern
coil springs all around.
EXTRA QUALITY! Feature after
feature usually found only in high-priced cars!
For example: 100* Full-Pressure Lubrication.
EXTRA PRESTIGE ! Engineered to
fine-car standards. Backed by the reputation
of America’s oldest motor car manufacturer.
pl*+a ECONOMY THAT
COMPARES WITH THE BEST
“60”DELUXE iQBA*
2-DR. SEDA AT T 99«)
ALL THIS
STANDARD EQUIPMENT
★ Olds prices begin at $807 for Coupes, $853 for
Sedans, delivered at Lansing, Michigan. Prices
include Bumpers, Spare Wheel, Tire, Tube, Dual *
Trumpet Horns, Instrument Panel Hood- Lock,
Automatic Choke, Vacuum Booster Pump, Fisher
No Draft Ventilation, Safety Class, Chrome Win
dow Reveals, Chrome Interior Hardware, 2
Windshield Wipers, 2 Sun Visors, 2 Front Seat
Arm Rests. Transportation based on rail rates,
state and local taxes (if any), optional equipment
and accessories—extra. Prices subject to change
without notice. A GENERAL MOTORS VALUE
Help promote sofety—dim your lights when passingl
OLDSMOBILE
_—“best looking gar out the road r_
CAPITOL CADILLAC CO.
1222 22nd St. N.W.
MANN MOTORS, INC.
1129 Georgia Avo., Silver Spring, Md.
LUSTINE-NICHOLSON MOTOR CO.
HyattivllU, M4. v
COMMUNITY MOTORS, INC.
6621 Wisconsin Avo. N.W.
H. C. RESSLER
1705 Ml. Vornon Avo., Alnandrlo, Vo.
fOHA*NKA SERVICE
1126 20th St. N.W.
OLMSTEAD MOTOR CO., INC
WilwH Blvd. flr H. Uhlo St., Arlington, Vo.

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