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The New York herald. (New York, N.Y.) 1920-1924, December 22, 1920, Image 6

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045774/1920-12-22/ed-1/seq-6/

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j! Pearls
Precious
| Stones i
I Sterling Silver ||
Jewelry 1
watches ||
Stationery n
[ Silver Plate
1
I ReedfiBarton r.
! lllleowse B. STARRJncI j
| iifsftw avf.mt. \t47istrtlt
4Maiden Lane
New York
Hit grace of character and
L'? manliness, in one )*grtrait.
'l i4 t ?r'i fmemb!
5fc> FIFTH AV {$1 OH ^7 ST
it
j | hristmas
Cards and
Calendars
DUTTON'S
681 Fifih Avenue
I
FOR CHRISTMAS GIVE A NOVEL
by MERRICK His
Conrad in Quest of
His Youth and the later
House of Lynch
are certain to be enjoyed. On
tale at any bookttore, or if not
they can be had from
j E. P. Button & Co.. 6S1 5th Are.. N. V.
? ? ?
5?o? Franclsm CHrnQO StJ- Ynrk
THc ONE QUESTION when intelligent
people meet;
Have YOU read
CAIUS GRACCHUS
By Odin Gregory?
$2E verywhere. Boni k Llveright, N. Y,
"Nonsen?e of the cleverest ?ort"
?Boston Herald.
IT PAYS TO SMILE
^^ByNina^ilcoxTutnan^'^
"You'll enjoy every min- pTTTTJ
ute"?Detroit Free Prete. I 'Vrg.vi
1
Choose a
for a Ch
Special Noon
Come in dur
you like best.
H ithnitt rtfiy nhlfgntlnn t
yon may tend laialnffite
(VUW
Address
HARDING SEEKING "
WAY TO END EVILS
OF UNJUST TAXES
!
Burden Must Be Lifted and
W ar Debt Cut at Same
Time.
I'RijKITS LKVY TO GO
Leaders in All Branches of
Industry Are Being Consulted
in Marion.
CABIN K'l IS DISCUSSED
t \f iii. -i.i lint iiiiiiiii<.VIor>f nf
I. 'I. I'ltUll! UV<I >MV| n.vv. ... ,
Montana. Is I nred for the
I iit?*rior Pout.
__
tpt ai l h t? Tne New Y(*K IISB.uo.
M\k n. Ohio. Doe 21.?Taxation is
; <? ti|>> .tig the mind of ^'resident-elect
Ha dimr whenever lie can take tline
f r? r ii dying hla Cabinet problem and
i n hi- slowly forming plan for a
foreign Policy. l*robobly it would
? more accurate to nay he studies
ih. Cabinet rtehl and adds a brick here
.nd there to hie world association
project whenever he can take time off ;
, from put/.linc over the taxation prob- ;
tem
It ?n stated authoritatively that I
I the President-elect believes the prob|
letn of reducing the drain on the
\mcrloan pocket book while adopting
Irafe ind wit:-factory ? heme for reduction
of the war debt Is the biggest
r the mnnv problem* that confronts
Mm. f>n tM? problem he Is seeking
insel from financial and economic
I ? \iwrt* in active business life and in
I >he chnire of the unltren-itlea He is
, acquiring digests of opinion from
' chambers of commerce and mer|
chants associations.
. I There |a bctrcrly a field cf American
Industry that he las not drawn information
from. The result is likely to b<\
In thA text f. a w .. .1 t- Ml- 1
lev In the mind of the President-el' i t
to iiw in i .! ii.to ? anil injustice* of
'.im.iin can h? eitinin.ited. The: Is
r. ison to liellrve that he consulted
''hm! * <1 paw. s of Chicago Very fully
ns regards t)v so matters when Mr.
Dawes W is her< >' iiti-rr'r.y.
Tie President-elect indicates that he
i considers the present excess profits tax
I art unnecessary burden and hand'cap to
business. and that the tax must Ko.
There Ik some reiiantl for belief that ho
| favors a different graduation of the Inmm"
to jir mI'i -o additional revenue,
inj that ho bolUvm this graduation can
It', t 0 with ' artual less-nln* of
the strtiln by tho present system of Incmo
tax apportionment. Other iloss
in connection with taxation which arc
occupjlng the consideration of the Pros1
| lilent-elect arc the feasibility of excise
taxes upon certuin article* of luxury
1 and a tax upon undistributed earnings.
Mr Harding will have tho leaclershir>
I In bulld'ng a new tariff law which will
I riot only be framed to protect American
| labor as well ns Induatry. but will be
i .1 sign'- 1 for an Income producer as well.
I .1 money getter that may enk. up" the
! strain caused by other forma of taxuI
Hon that have not set well with buatnose
or with the people generally.
It can he stated that the I'resldent.
le.-t appro..-- < - ( " win > qii' Kt ..ti of
Federal taxation In a friendly spirit
I ivrart! busln.ss lie tat s the view
I that the prosperity of b.jein"*s Is . very
' Kw]<Th proaperity. believing that unirae
I th.' prOCeaeea of buv'nir and willn? ;?t A
, I e,.neonable profit to the eeller can he
' facilitated la the United t?tu?-a th" whole
economic at nurture 1a ehaky
The T*re?l(t?nt elect ha.d two visitor*
tr-rt.ty. Senator "Wire Pnlndext-r qf
Waahlngion and Oov. E<lwln P. Morrow
. of Kentucky. Both men talked Cabinet
with the pfe*lrient elect. each making
rcomniendationa. Senator Polndexter
Mild:
"The Weatcrn State*. eat.ecli.1ly thdae
concerned with reclamation, hava an
Intimate Intereat In the operation# of
Ute Interior Department wl.ch convince*
them that they are entitled to
' <- ! Taldetat . ?i nam ng that
C-J . up r iif * ' I hp.. t In
i.f ' >1 an I II w ' I i. ail eentlrr.rnt
oil nve te tranc Mlt-mrl country.
I very earn-*tly ree?.mmen<1eil the ap>
'^ointment of former Senator Joaepa M
Dixon of Montana, to the Interior portfolio.
"It la true that Senator Dixon, who
*aa chairman of the Progre aelre
tlonal Committee In ItlS. haa )u?t keen
leete.l <;ovrrnor at Montana on the
Victr
ristmas Gift to
SPECIAL Ol
V1CTROLA
Victrola . . .
D L
I l\CVUIU3
Total .
$10.00 D
Balance Small Monthli
I
Time Service for Downtown 0
ing your Lunch Hour and mI(
mv j
29 John Str
ft RRANCH ATORKS MMTk
THE NEW
7 7?\ 11
Uncle Joe FightsAgainst [
Uncle Sam's Paternalism ^
Special Despatch to Tiic New Vokk
HEKAID.
Nrw York llrr*l<l Iturra 11, )
\Vn?liiiigton. D. C ., I tec. 21. (
"{JNCLE J0E" CANNON
Btopped smoking his long
black cigar long enough to-day
to inform the House that he is
a "radical Republican."
"By that I mean," he ex- .
plained, "that I am against the '
Government doing anything that : n"
private business or individuals I ol
can do." n
The veteran Representative in i v
Congress was speaking against : n
a bill to have the Government ; w
engineers make surveys of arid rft:
Western lands for private inter- j }|
ests. With a stamp of the foot,
he added: "I am against the Gov- i ?
ernment becoming too paternal- j
istic. Why, some, folks seem to tl
want the Government to do n
everything?even the bearing of si
children." ! n
; 11;1
Republican ticket by n majority of I w
40.000. That might seem to suggest | n
<omi> embarrassment about making him ! n
.t member of the Cabinet and In fact ti
would make It politically impossible but i
for the fact that the people of his State j v
and the entire West would be delighted i ti
to have him appointed. The people of a
Montana would consent in a moment, i it
because It is comparatively easy to got j v
a satisfactory Governor and mighty hard h
to get the right kind of a Secretary of t,
the Interior."
Gov. Morrow talked Kentucky politics r
with nn eye to his share of the patron- d
age after March 4. n
William Butterworth of Moline. 111.. C
vtetfh.nreiililont of the Chamber of Com- 11
mo too of tile United States, discussed t
business. Ho said : I
"The business men are deeply inter- r
estrd and confident they will have the 1
sympathy, understanding and. within i r
proper limits, the support of the new t
rt glme. They need this and they nsk f
no morn. It is not unfair to say that f
under tho present Administration there '
has been disappointingly little of this '
sort of cooperation.
"In the choice of a Secretary of Com- 1
merce, business men feel. Senator Har- *
d'.ng has an especial opportunity to help
them. That department, we feel, could 1
be made very useful. It might well berame
the point of contact between the '
Department of State and business in 1
regard to matters which concern foreign
trade, between the Department of Jus- 1
tice and business in matters which in- '
volve trade combinations, practices and '
the like; between the Department of <
laibor and business in regard to re'a- j
tlona between employers and employees. ; 1
As ae conceive it. this department might i
writ occupy the position of friend, ad- | '
\ iser and mentor to business Interests. i 1
"A series of great committees, repro- \
k* nting i?art!cular busin.seec, could be , I
org"tilted, through which the secretary j i
of Commerce could keep himself in i
touch with buslnef*) an<l bo assured of I
the most accurate possible information 1
about conditions Every line of business I
would be glad to form such a committee !
and to deal with saich a Government [ '
department with complete frankness, all <
information being made Immediately 1
available when asked. It would be a 1
mart toward establishing that cooperation
hetw-een business and the potentially 1
helpful Government agencies that bus ;
b?en so useful under the British and '
1 German systems in the promotion of
Urger trad" and lietter trade relations." j >
The President-elect and Mrs. Harding t
drove ta West* rvlllc. rear Columbus, i
Ohio, this evening to dine with Mrs. :
Mary bee. a long time friend of theirs. J
They were accompanied by Senator-elect i
Frank B. Willis and Mrs. Willis.
LABOR DEPARTMENT
TO GET MARTENS JAN. 3 .
Preliminary Stepg for Depor- 1
tation Decided Upon. ^
Washington*, Dec 21.?Formal surrender
of I.udwtg C. A. K. Martens, Soviet
VAmli - ,-olcir" to t I'nlted States, [
to the Department of I.ubor January 3
was decided upon at a conference hero
to-day between Department officials and ,<
counsel for Martens.
The < 'inference follov ed the decision
Inst week of Secretary Wilson directing t
ins <n ji -T 111<>ii in in< fi* nt ? j
Knaala Martena ha* been Iti custody of <
hi* counsel and ho will continue under
i. tO I'l > .-1 lift. |
Mm ton* |s understood to have commun.<-ntod
with the Soviet authorities in
Mos'-ow announcing tho action of the
Amerti <n (loummont and requesting
instruct ions Infinite decision as to
wh> ' irM will ha had to tho I
courts * d< |M?nd upon the answer of ,
I the Ttulshevlk authorities.
SIXTEEN SHIPS ARE TIED UP.
Wahiiinotun, 1 wo. 21.?Ordera for tho
withdraw*! from genrtco of M*teen vca- :
eta. atsr- K ii .ng i7.wmi deadweiglr t<>na, |
I ha ha tied up at Baltimore. x>.rt >lk.
h?attie and In tho Oulf. were issued to- j
I day hy the Khlpptng Board The rraft |
I rar ce fr <n I too doadwalght tons to |
ll.lM d?-.?ta<isht tons
ola
four Family
FFER I
XI
. $150
. . 10
$160
own
f Payments
lusinett People. ,
set U>? V KtroU
fea?eet.
New York
IrS (it. Br*afcl>a Rlt.wRitS. H. 1
I
YORK HERALD, WE
(AHN FOR SALES AND
CORPORATION TAXES
lanker T'rges Congress to Repeal
Excess Profits Law
and Lower Surtax.
Washington*, Dec. 2\.?Establish lent
of a sales tax. repeal of the tax
a excess profits, reduction of the higher
itcs on income surtaxes, upward r?.- !
Islon of the tariff and the levying of a :
at tax on net profits of corporations 1
ere advocated before the House Ways
nd Means Committee to-day by Otto
[. Kahn, New York banker. In a com-1
rehenslve discussion of tax revision
eislation.
Mr. Kahn dwelt at length on the queson
of a sales tax, partly in response to
id cations in the committee that this
art of tax was gaining In favor. Chair
inn Fordney. Dei ore air. ivann was
nlled, suld he and several other menders
believed some Bort of sales tax
rould eventuate, but were seeking
lethods by which the tax would not be
lultlplled and the consumer unjustly
ixed In the final purchnse.
Mr Knhn advocated legislative prois
ons which would require the sales
ax to be made known In each sain and
dded to the selling price as a separate
:em. Such an arrangement, ho said,
I'ouhl check "the profiteering which
as resulted" from the excess profits
ax.
In his discussion of the need for a
ev sed taxation programme Mr. Knhn
eclared that American business could
,ot experience a healthy growth if the
lovernnient "continued to absorb the
If? blood of business through concentraion
of taxes on Incomes and capital."
Ie added that "the tax burden" had alaady
actually stopped commercial decloprnent.
"It has forced every buslie.se
house to run to bunks for cred t
o conduct business," he said, "but
inally the bunks run out and the Fediral
lteserve Board had to call a halt.
Vfter this came the collapse In markets,
t hit the farmers first, but none has
ecu spared, and all business has felt
he effects. The retailer has not been
itruck to the extent that I fear he will.
i.'ou can see from that what will happen
inlesw the principle is changed."
One of the means suggested by Mr.
[Cahn for lifting the present tux burden
ivas a funding of the Victory notes and
IVar Savings securities, n? urged payment
out of taxes of the Treasury cer:lflcates
of Indebtedness, however, saying
It appeared this could be done withjut
inconvenience beforo they fell due.
Discussing tho sales tax Mr. Kahn t
sal(l:
"Every manufacturer and every bust- |
ness man has ndd?-d more to the prices ]
of his commodities In anticipation of j
the profits tax than he has/had u right i
to add. It liar started at the very be- j
ginning of the life of u manufactured i
article and continue.! on through to the j
retailer. The consumer paid it all. I !
submit the sales tax would be a tighter
burden, at least."
The witness proposed a low tax rate for
'.he initial test. He suggested one-third
of 1 per cent., estimating that such a
evy v.'ouhl produce approximately JS50.OO.OUO
a year, effective in 1921-22.
Mr. Kahn also proposed a tax of 15 I
per cut. i.n net profits of corporations, i
i tax which he said he was confident !
would yield at least $1,000,U'0,000.
Under the revised income surtax <
chodule proposed Mr. Kahn estimated
he Government would derive between
(850,000 .OtiO and 11,000.000,00)., Questioned
is to rates for the reduced surtax, Mr.
Kahn said that present rates were drivng
rich investors to place their money
n tax exempt securities, most of which
io declared were sold on a basis to
field 5% per cent. It was therefore his
lelief, ho said, that by fixing the surax
charge at or near 331-3 per cent.
ib a maximum tho Treasury would re:clvc
as great a yield, If not greater,
LAME DUCK JOB FOR
SENATOR MARK SMITH
Earned Member of Interna'
tional Commission.
Special I>rspnt<ih lu Tub New York 11exm.i>.
New York Herald Itnrenn. I
Wa?hinjr1on. I), t'.. IVr, si. t
Senator Mark Smith of Arizona, who
Oft his race for reelection in the RetAatnolc
SUM
Last 1
.(S
J
Heavy warmth without
Warm
that are
DNESDAY, DECEMBEE
publican land*Jida. wm tak?n car* of ?
day 1.1 J'tt- lent Milium, who noml
nitvil mm t<> I* a nt*ml??r of the Intel
nut Ion* I Joint Commlaalon, which de\!
with matter* at ia*ue between the Unite
State* and I'aaada. The place la eaaen
ttally a "lame Uu?k" Job. and Henato
Smith will take office when be retire
from the Senate on March ?.
EMERGENCY TARIFF
BILL WINS IN HOUSI
Ford net Measure Profeetim
Farmers Obtains Kiirht of
Way in Chain Int.
\Va*iiinotoS, l?eo. SI.?The Fi>rJn?\
emergency tnrill mi a?u-e, gmiuru II
protect some twenty-odd farm product
by virtually stopping their mportatioi
through heavy duties, will be celled ui
in tho Houre to-morrow under e speein
rule giving It right of way and llmitini
debate.
Although a hard f ah? la exp. ctis
nroponrnta of the bill declared to-ntgh
Its passage by the lloua wna certain
Its fate, however, In the Senate la re.
gurded as somewhnt doubtful.
In the firat test vote to-day advocate
of the special tariff legislation w< n i
signal victory by nduptlng, to 7?J. i
mot on to suspend the business of calen
dar Wednesday ao a? to bring the till t
ote to-morrow bofora adjournmem
There will be no opportunity to lnclud
other articles by amendment.
The bill was denounced In the Ifnus
to-day as "special legtalaf'on" by Ki |>re
sentatlvo .Madden, ltet>ubllcan, Illlnoh
who declared that Its "unwisdom mur
be manifest to everybody." The purpos
of the measure, Mr. Madden said, \\a
to legislate on a few articles and t
eliminate f-om cons deration many othe
articles in the hands of thousands c
dealers.
The only other reference to It on th
floor was by Representative lampwortl
Republican, Ohio, who said it wa
needed to save important agTleuIturi
Interests "from stark and certain -um
T Buy
Christmas
j
II Holeproc
; For Men, tt't
Xo one can have too m;
is why Holeproofs can
your Christmas list,
means double the peri<
|
FOR MEN?$3
FOR WOMEN-$(
FOR CHILDREN?$3.1
The Holeproof "
The top atrptches wide but a
bind. Resists garter strain,
slender women.
(JUSvv +
279 Broidwiy
125th St. at 3d Ave. Frcidw
Buy Chr
I
xGmdtofe
duenueot 40t
0
L000 Motor
>teamer Rug-Sty
^jjjj ^ ^ow
which is I
Extra siz
/
/
t weight qualities that arc suitable
use, also for couch cove s.
i Plush Robes at
i ideal for various purposes. Valu
I 22, 1920.
rlFAVORS RECIPROCAL 11
! TRADE WITH ALLIES
1 *
Loiitfworth I'rjres Tariff Concessions
to Help Thein to
Pay Ila^e Debt to lT. S.
1 _ |
Special Despatch to Tun NlW Ydbk IIbhalO. a
Sew York Hrrnld llurriut, I J
WuMiingtuu, I). C.. Ore. 31. I t*
; Reciprocal trade agreements with the __
Allies to aid In the payment of the huge '
debt which those governments nnd their ?
business interests owe to the United j
States or financial Interests hero wore
advocated by Representative Longv'l
worth (Ohio) In a comprehensive ."pooch
? I it" Mmuu tit.dav on the tariff sltua
... -- .
* Hon. !
" Those agreements, ho said, should be
' arranged to give to the United States;
1 advantages In the market of these for- !
* Hgn countries in exchange for tariff
on < ailons for their products In this
;i country Such arrangement should be
' made part of a general revision of the
i taiiff laws, which should be Increased
- -o ih:it the yield would be about $700,000.000,
or $350,000,000 more than at
* picsent. Mr. Iaingworth saUl.
' Protection of American industries is j [
R still a necessity and proposals to let | |
" down the tariff bars to aid in the pay- i
? mont of the foreign debt, as suggested J
1 by President Wilson, are not feasible, he ! j
e said. ''
"In all these countries the cost of I
? production and the price of la'bor are
relatively high. To me it seems obvious j
1 that duties sufficiently low to invite large j
" importations from these countries would
1 invite even larger importations from the !
* low cost countries like Japan and the I
? Orient generally (fhd South America."
r
,f KMBAUSY FOIl PEKIV.
o Washington. Dec. 21.?The Anicrlcnn
1. Legation at Pektn would be raised to an |
is Kmbassy under a Joint resolution introil
duce.l to-day hy Chairman Porter of the |
" I House Foreign Affairs Committee.
f This
Gift Today
| !
A Box of
)f Hosiery |
:
men and Children
iny pairs of hosiery. That
't appear often enough on
And their double wear
3d of remembrance.
1 to $9 the } 2 doz.
to $13.50 the Yi doz.
50 and $5.10 the Yi doz.
'Extra-stretch" Top
lways returns to shape. Will not |
Especially popular with stout and
I
fytotketa.
47 Cortland t St.
'ay at 49th St. 44 Eait 14th St.
ist mas Seals
Cet^SCo.
t>$\mt
B
Robes
le)
Reduced to
2M
less than Yi price
fularly 28.00
:e?all wool styles
for motor and steamer |
; 21.00
r 30.00 j
? I
DREICER
PearL TPreeuotu <
rJeWcU
FIFTH AVENUEat FORI
&& eAduenue at 4'
* f For
Me
Double We
Pure Silk S
Reduced t
9.95
Formerly 14. ?
Standard high grade quality with a
Smart patterns and colors in a range of
tional values offered this season as a special
shoppers.
Knitted Nec'
(Silk Mixtu
An attractive assortment specially selec
1.45 ea.
SILK FOUR-IN-HAND TIES,
Men's Glo
Greatly Red
GREY MOCHA GLOVES, S
GLOVES. MOCHA GLOVES (stock
Regularly 6.01
4.50
Newest Styl<
Women's Han
yt to Vi Pr
Remainder of a manufacturer's entire !
closed out.
Regularly 5.00
~?95~
A diversity of distinctive styles in smart
lined.
Regularly 7.50 to
~5^00~
Affording Genuin
in a
Remarkable Silt
Every item at less than u
Georgette Crepe 49 in. Formerly 2.00.,
Crepe de Chine 40 in. Formerly 3.00..
Ceiered Taff^a 35 in. Formerly 3.75.
Eitra Fine Talfeta 35 in. Formerly 4.!
?. l T.ff.ii ? in Fnrmerlv
>IKI vniimii .... #
Satin Brilliant -35 in. Formerly 3.75...
Satin Charmauac 40 in. Formerly 4.75
Dreaa Satli -35 in. Formerly 4.50
Satin America- 35 in. Formerly 5.50...
Fancy Radium* 40 in. Formerly 5.00..
C. J. Bonnet A Cie Black Silks and Satin*
SILK REMNANTS in length*
blouses I to 5 yard piece*. Formerly
Now 1.00 to 5.0
,
zfioned S
Y-SKTH g|
OtB j^Ued
I
in!
uodit
hirts |
O
< .70)
;o !
nation wide reputation,
sizes. The most excepincentive
to late holiday
'
kwear
ires)
ted and piiced at
.95, 1.45 & 1.85
. '
ives
'uced
MART BUCKSKIN
inette lined).
? !
_ I
=====
js in
id Bags
ice
stock of fine Bags to be
i
]
; Hand Bag#?beautifully
10.00
]_
e Savings
t Offering
wholesale prices
Now 1.45
Now 1.75
Now 1.95
>0 Now 2.75
i on NUu. 1 US
Now 1.65
Now 2.50
Now 235
Now 3.45
Now 2.50
Formerly 5.00 to 7.50
Now 4.00 to 6.00
uitable for frocks and
1.50 to 8.00 Yard
0 Yard
i

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