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The New York herald. [volume] (New York, N.Y.) 1920-1924, December 22, 1920, Image 8

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83045774/1920-12-22/ed-1/seq-8/

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Precious b
I Stones 1
r i
| I [p
11! i l
I Sterling Silver
!j Jewelry j
! jj Watches p
| Stationery : j '
|| Silver Plate | j;
i i'i8'
ML
jlj REED8BART0N j;f
tSTABUlSHtO ?024. || | ! fr
I Theodore B. Stabrinc.| k
ESTABLISHED 1062 || ] |
I Fifth Avenue at474street jj >
4 Mai den Lane f '''
New York le
1
u;~ ?r ~u O
4i(d ij/ Utt- I// ueu/u tit/ u/m
A/.s- manliness, in one pgrtrait. (.
TtWSBCnKlV >K'bM,PaEIHHnB]D| r
HjUlwiSgVj^ t
Br41ItBirixfWa a
S>6 FIFTH AV l$pD COR. 47 ST c
J ?
i j Christmas
Cards and ?
Calendars
J a;
i b'
BUTTON'S !
681 Fifth Avenue , i,
-ii
it
FOR CHRISTMAS GIVE A NOVEL , a
hv wimnirK wis >
HMJ 1MU??*'VU ***" I TI
Conrad in Quest of ;
His Youth and the later 11 jj,
House of Lynch
are certain to be enjoyed. On - 0]
sale at any bookstore, or if not F
they can be had from t<
E. P. Button & Co.. Ml 5th Are., N. Y. |!
. tl
____________________
- : ' ft
7 7 7
t<
Sen Franrfvro C) irnqo Sew York V
THd ONE QUF.STJON when in- ?'
telligcnt people meet:
Have YOU read
CASUS GRACCHUS
By Odin Gregory? ^ \T
$2 Everywhere. Boni & Liveright, N. Y. t
"Nonsense of the cleverest sort" ?
?Boston Herald. ^
IT PAYS TO SMILE 1
^^B^Nina^UcoxTuHian^*^ |c
"You'll enjoy every min- fl. ,'T1J
ute"? Detroit Free Pre**. [|^2bI w
iaairf "
!
I,
Choose a 1
for a Chri
Sperial Noon Tsi
Come in during
you like beat.
ll'lth'tttt any nhtlgattnn an r
\ on may send t ainlngne to
i\anie
Address
IARDING SEEKING If
/VAY TO END EVILS
OF UNJUST TAXES
iurdcn Must Be Lifted and
War Debt Cut at Same
Time.
"R(JFITS LEVY TO GO
""'Inn.' In ^11 eivnwilino nf
t'iliiri a in ;ui iinuaiaci ui i
I ndust I*} Are Being Consulted
in Marion.
ABIXET IS DISCUSSED
! i
*
, M. Dixon, Governor-Elect of;
I a
Montana, Is Urged for the
Interior Post.
i!
b
wctol [lesjtatrh to The New Yobk IIkb.\i.c. [ ,x
Marion, Ohio, Doc. 21.?Taxation is t,
icupylng the mind of President-elect tl
aiding whenever he can take time
oni studying his Cabinet problem and a
otn his slowly forming plan for a
sw foreign ^illcy. Probably it would v
i more accurate to say lie studies
ic Cabinet field and adds a brick here
id there to his world association e
oject whenever he can take time off
?nv*htlnn urnh- ! ^
om pu/.zung o\ui mi.- , ,
m. ' , j ,
It can bo stated authoritatively that j t
10 President-elect believes the prob- 1
nn of reducing: the drain on the
merlcan pocketbook while adopting i
safe and satisfactory scheme for re- '
uction of the war debt is the biggest ]
f the many problems that confronts ,
dm. On this problem he is seeking
ounsel from financial and economic 1
xperts in actii'c business life and In
he chairs of the universities. He is
rquirlng digests of opinion from
ham bora of c'ommerce and merhant.s
associations.
There is Scarcely a field of American
idustry that he has not drawn inforliition
from. The result Is likely to be.
ithln the next few weeks, a settled pol y
In the mind of the President-elect
s to how inequalities and injustices of
lxatlon can be eliminated. There Is
jason to believe that ho consulted
harles O. Dawes of Chicago very fully
s regards these matters when Mr.
'awes was lieri yesterday.
The President-elect Indicates that he ,
insiders tho present excess profits tax
n utinecessary burden and handicap to
uslnoss, and that tho tax must go. ,
here is soma reason for belief that ho i
ivors a different graduation of the in)mo
tax to produce additional revenue,
nd that he believes this graduation can [ <
o secured with an nrtual lessening of \
lie strain bv the present systrm of in- i
omo tax apportionment. Other Ideas
n connection with taxation which are
ccupylng the consideration of the Prcsilent-eleet
are the feasibility of excise
axes uport certain articles of luxury
nd a tax upon undistributed earnings.
Mr. Harding will have the leadership
n build'ng a new tariff law which will '
ot only he franmd to protect American
ibor as well as Industry, but will be
signed for an Income producer as well,
money getter that may ease up" the i
train caused by other forms of taxalon
that have not set well with busiess
or with the people generally.
It can be stated that the Presidentle"t
approaches the whole question of - '
e.leral taxation In a friendly spirit |
(Ward business. He takes the view (
lat the prosperity of business is everyody's
prosperity, believing that unless 1
i?! processes of buying and selling at a '
aeonable profit to tiie seller can he <
j' ilitnted l:j the United States the whole
eojiomle structure is shaky.
The President elect ha.'l two visitors '
t-d.iy, Penutor iMiles Poindextor qf
".ishlngton ami Gov. Edwin P. Morrow '
r Kentucky. Both men talked Cabinet '
ItH the President elect, each making
I-? I K. Tlnl ../la* i
ulri: '
"The Western States, especially thdse
nncemed with reclamation. have an '
Hlinate interest in the operations of
he Interior Department which con- 1
incos them that they are entitled to '
pec in 1 consideration in naming that
articular member of the Cabinet. In
aha If of them and a widespread sentlient
oil over the trans-Missouri country,
very earnestly recommended the ?ipjintment
of former Senator Joaeph M.
ixon of Montana, to the Interior port- 1
ilio.
"It Is true that Senator Dixon, who
as chairman of the Progressive Na- 1
onal Committee In 1012. has Just been
ected (Jovernor of Montana on the
/ictr<
/> / . . x.
stmas uirt to I
SPECIAL OF
V1CTROLA ]
Victrola
Records ?
Total .
$10.00 Dc
Balance Small Monthly
L-wmhhmmhmhmbmmbhhmhbm*
me Service for Downtown Bi
; your Lunch Hour and telec
x.
/Wior&*v\ ^
y
29 John stre
branch storks: BM4 Tklr<
THE NEW
Uncle Joe FightsAgainst J K
Uncle Sam's Paternalism ~
Special Despatch to Tub New Youk j
Hebaub
Nfw York Herald llureau. I
Wellington. I). C'., I)?. ?l. I J]|
"JJNCLE J0E" CANNON
stopped smoking his long
black cigar long enough to-day
to inform the House that he is
a "radical Republican."
"By that I mean," he explained,
"that I am against the J
Government doing anything that j me
private business or individuals on
can do;" j ra1
The veteran Representative in I vis
Congress was speaking against , na
a bill to have the Government wc
engineers make surveys of arid an
Western lands for private inter-- |
ests. With a stamp of the foot, "J
he added: "I am against the Government
becoming too paternalistic.
Why, some folks seem to tlo
want the Government to do in<
everything?even the bearing of soi
children." m?
. J <;ft
he
Republican ticket by n majority of wc
0.000. That might seem to suggest m<
ome embarrassment about making him mi
member of the Cabinet and In fact ta:
,-ould make It politically Impossible but
or the fact that the people of his State vii
nd the entire West would be delighted ta'
:i have him appointed. The people of ad
lontana would consent in a moment, ite
ecause It Is comparatively easy to get w<
satisfactory Governor and mighty hard ha
Li get the right ktnd of a Secretary of , ta
be Interior."
Gov. Morrow talked Kentucky politics re'
rith an eye to his share of the patron- de
ge nftci* March 4. no
William Butterworth of Mollne, 111., Gt
Ice-president of the Chamber of Com- lit
icrco of the United States, discussed tic
usiness. Ho said: II'
"The business men are deeply Inter- 'a
tied and confident they will have the vc
ympathy. understanding and, within nc
)roper limits, the support of the new ,f>
tglme. They need this ar.d they ask
io more. It Is not unfair to say that el
r.nler the present Administration there 'b
tas been disappointingly little of this
'ort of cooperation. . ',e
"In the choice of a Secretary of Com- l'1
nerce. business men feel. Senator liarJ'.ng
has an especial opportunity to help
Ihem. That department, wo feel, could ur
be made very useful. It might well be- '
?onie the point of contact between the
Department of State and business in
regard to matters which concern foreign "
trade, between the Department of Jus- m
Lice and business in matters which Involve
trade combinations, practices and In
the like; between the Department of 01
Igibor and business In regard to relations
between employers and employees.
As we conceive It. thlH department might
well occupy the position of friend, ad- ] nt
viser and mentor to business Interests, j of
"A series of great committees, re pro- th
mnting particular businesses, could be to
organised, through which the Secretary gl
of Commerce could keep himself in nr
touch with business and bo assured of re
the most accurate possible Information so
about conditions. Every line of business bt
would be glad to form such a committee '
and to deal with such a Government th
department with complete frankness, all of
Information being made Immediately 1c
available when asked. It would be a "0!
start toward establishing that cooperation
between business and the potentially ' pe
helpful Government agencies that has a
been so useful under the British and w<
" - ? l? ?mmntlnn -if
lxtiuuii ujuicmr >m .... ...
Lrger trad" and belter trade relations." se
Tho President-elect and Mm Harding th
drove to WeeUrvlllc, near Columbus. JSi
Ohio, this evening to dine with Mrs. as
Mary L<o<-'. a long time friend of theirs. K.
They were accompanied by Senator-elect in
Frank IX Willis and Mrs. Willis. ; in
LABOR DEPARTMENT j >1
TO GET MARTENS JAN. 3 u
as
Preliminary Steps for Depor- ct
tation Decided Upon. ^
Washington, Dec. 21.?Formal stir ender
of Ludwlg C. A. K. Martens, Sovet
'/Ambassador" to the United States, j N
o the Department of I.abor January 3 j
was decided upon at a conference here
:o-day between Department officials and 1
otinsel for Martens.
The conference followed tlic decision !
ast week of Secretary Wilson directing i
>he deportation of the Soviet agent to I j0,
Ftussla. Martens has been in custody of
lis counsel and lie will continue under ?
lis prwsent itstug I
Martens is understood to have com- \
munlcated with the Soviet authorities in
Moscow announcing the action of the
American Government and requesting i
instructions Definite decision as to
whether recourse will be had to the
courts will depend upon the answer of ,
the Bolshevik authorities.
SIXTEEN SHIPS ARE TIED UP.
Washington. Dee. 21.?Orders for the
withdrawal from service of sixteen ves- I
sels. aggregating 87.000 deadweight tons,
to be Med up at Baltimore, Norfolk.
Seattle and in the Gulf, were issued to
day by the Shipping Board. The craft
range from 3.400 deadweight tons to
9,500 deadweight tons.
3la
rour Family
TER
XI ' !
. $150
. 10
. $160 i
>wn
Payments
isiness People. #
? the Victrola
:et. New York
I Ave~ Brooklyn. PlaiofirM. N. J.
r
YORK HERALD, WEE
AHNFOR SALES AND1
ORPORATION TAXES||
s
inker Urges Congress to-Repeal
Excess Profits Law j E
and Lower Surtax. j
1
Washington, Pec. 21.?Estab'ishint
of ft sales tax, repeal of the tax '
excess prortts, reduction of the higher
tes on Income surtaxes, upward rtilon
of the tariff and the levying: of a
t tax on net profits of corporations
re advocated before the House Ways
d Means Committee to-day by Otto
Kahn, New York banker. In a ccmjhensive
discussion of tax revision
rislation. on
Mr. T'ahn rlvvnlf nt lPncrth OT1 the CHIPS. PU
n of a sales tax, partly in response to by
1 cations in the committee that this
rt of tax was gaining in favor. Chairin
Fordney, before Mr. ICahn was
lied, said he und several other mem- ru
rs believed some sort of sales tax tje
mid eventuate, but were seeking
itlioris by which the tax would not b*.iltlplled
and the consumer unjustly "r
iced In the final purchase.
Mr Kahn advocated legislative pro- ,t!
i ons which would require the sales
<; to be made known in each salo and
ded to the selling price as a separate ?*
m. Such an arrangement, he said. s's
>uld check "tlie profiteering which n"
s resulted" from the excess profits fla
x. 0
In ills discussion of the need for n '1
v sed taxation programme Mr. Knhn oti
clared that American business could
t experience a healthy growth it the 10
ivcrnment "continued to absorb the sft
o blood of business through concentra- w'
in of taxes on incomes and capital." ',e
added that "the tax burden" had al?dy
actually stopped commercial de- '?
loptnent. "It has forced every busl- c"
ss house to run to banks for credit ,lr
conduct business." he said, "but
lall.v tlie banks ran out and the Fedal
Reserve Board had to call a halt.
iter this came the collapse in markets.
hit the farmers first, but none has n<1
en spared, and all business lias felt in
e effects. Tlie retailer has not been ?
ruck to the extent that I fear he will, p
>u can si.o from that what will hapnen T
ileas the principle Is changed."
One of the means suggested by Mr. )
ahn for lifting the present tax burden 1
as a funding of the Victory notes and
ar Savings securities, lie urged pay- I
ent out of taxes of the Treasury corticate*
of Indebtedness, however, say- I
g it appeared this could be done withit
inconvenience before they fell due. j
Discussing the sales tax Mr. Kahn
?<1.
"Every manufacturer and every busl- j '
>88 man has nrtded more to the prices j ;
' his commodities In anticipation of j j
e profits tax than lie has/hud u right j j
add. It has started ut the very be- j j
nnlng of the life of u manufactured : j
tide and continued 011 through to the j
tailor. The consumer paid it all. I I 1
ibmit the sales tax would be a lighter j
irden. at lenst."
flic witness proposed a low tax rate for ,
e Initial test. He suggested one-third |
1 per cent., estimating that such a
vy v/ould produce approximately $630,>.(W
a year, effective in 1921-22.
Mr. Kahn also proposed a tax of 15 !
t pent, on net profits of corporations, i
tax which he said he was confident I
ould yield at least $1,000,000,000.
End op the revised income : .irtax 1
hedule proposed Mr. Kahn estimated
e Government would derive between
10,000,000 .and ll.COO.OOO.OOO. Questioned
to rates for the reduced surtax, Mr. 1
nun r*?iiu in.n present r*ic? were urivg
rich investors to place their money i
tax exempt securities, most of which
i declared were sold on a basis to !
eld .".Mi per cent. It was therefore his
lief, he said, that by fixing the surx
charge at or near 831-3 per cent.
a maximum the Treasury would reive
as great a yield, if not greater.
AME DUCK JOB FOR
SENATOR MARK SMITH j
amed Member of International
Commission.
ri ial Drspatah to Tub New York Hbx.m.p.
New York Hrnild Rurraii, 1
Wii-hirjrton, II. C'.. Dee. SI. I
Senator Mark Smith of Arizona, who ! |
?t his race for reelection in the He- 1
!
cAatH&fo.
?t& cAc
Last 1<
(St
Heavy
warmth without y
Warm
that are i
>NESDAV, DECEMBER
blicun landslide, was taken care of 'oiy
by Pieaident Wilson, who nomlited
him to be a member of the Interitional
Joint Commission, which deals
ith matters at issue between the United
ates and Cuiiada. The place is essenlUy
a "lame duck" Job. and Senator
nlth will take office when ho retires
om the Senate on March 4. %
MERGENCYTARIFF
BILL WINS IN HOUSE,
ordnoy Measure Protecting
rai'iners Obtains Right of
Way in Chamber. '
* i
i
Washington'. Dec. 21.?The Fordneyi ,
lergoney tariff measure, designed to j
otect some twenty-odd farm products .
virtually stopping their importation
rough heavy duties, will be called up ,
tho House to-morrow under n special ,
le giving It right of way and limiting ,
bate. ' . (
At.nr.noi, n hnrfl f'pht is" #?x?, cted .
oponents of the bill declared to-niRht \
i passage by the House was certain. \
? fate, however, In the Senate Is re- i
rded as somewhat doubtful, i
In the first test vote to-day advocates
the special tariff legislation wen a
rnal victory by ndoptlng, 200 to 70, a
it on to suspend the business of < alen- (
r Wednesday so as to bring the bill to ]
te to-morrow before adjournment, i
iere will be no opportunity to include ,
her articles by amendment.
The bill was denounced in the House
-day as "special lcglslat' on" by Rcprentative
Madden. Republican, Illinois,
10 declared that Its "unwisdom must
manifest to everybody." The purpose
the measure. Mr. Madden said, was
legislate on a few articles and to
iminate f-om consderatlon many other
tides in the hands of thousands of
alers.
The only other reference to It on the
K>r was by Representative Longworth.
publican, Ohio, who said It was
teded to save important agricultural
terests "from stark and cer tain -u:n." I
Buy
Christmas i
Hoieprooi
For Men. IVome
Xo one can have too manj
is why Holeproofs can't ;
yonr Christmas list. A
"means double the period
FOR MEN- $3 t<
FOR WOMEN - $6 t<
FOR CHILDREN?$3.60
The Holeproof "Ej
The top stretches wide but nlws
bind. Resists garter strain. Es
slender women.
QliCt ag
279 Broadway
125th St. at 5d Ave. t rcadway
Buy Christ
I
.GmtftaSf
venue at 40tB
#s
#
(100 Mnfnr 1
l/VV XTJLUI/l/X J
9
earner Rug-Style
Now F
5 V
which is les
Kegu
Extra sizewight
quality that arc suitable fo
use, also for couch cove s.
Plush Robes at
deal for various purposes. Value ?
i -
22, 1920.
FAVORS RECIPROCAL!!
TRADE WITH ALLIES j
Long-worth Urges Tariff Concessions
to Help Them to
Pay Huge Debt to U. S.
Special Despatch to Tin: New York IIkiiaid.
New York Herald Kurrun, 1
UusliiiiKtun, 0. C., Dec. 21. J
Reciprocal trade agreements with tho _
Allies to aid In the payment of the huge
:lebt which these governments and their F
business interests owe to tho United |i
States or financial Interests here wore |[
rdvocated by Iteprescntatlve Lons- ||
worth (Ohio) In a comprehensive speech
,n the House to-day on the tariff situation.
These agreements, he sakl, should be
arranged to give to the United States
advantages In the market of theBO foreign
countries In exchange for tariff |
concessions for their products In this |
country. Such arrangements should be |
made part of a general revision of the
tariff laws, which should be Increased
- o that the yield would be about $700,000,000,
or $:i.r>0,000.000 more than at
present, Mr. Longworth said.
Protection of American industries Is
ptill a necessity and proposals to let |
down the tariff bars to aid In the payment
of the foreign debt, as suggested
by Preoldent Wilson, are not feasible, he !
said.
"In nil these countries the cost of
production and the price of la'bor are
relatively high. To nie It seems obvious
that dutleseufllciently low to invite large :
importations from these countries would
invite even larger importations from the I
low cost countries like Japan and the
Orient generally ahd South America."
EMBASSY I'Olt PEK1X.
Washington, Dec. 21.?The Amerlcnn
Legation at Pekin would be rained to an j
Kmbassy under a Joint resolution Intro- ;
duced to-day by Chairman Porter of the |
House Foreign Affairs Committee. j
II1
i nix
Gift Today I
A Box of
! Hosiery i |
n end Children
r pairs of hosiery. That
appear often enough on
.nd their double wear
of remembrance.
o $9 the Yz doz.
a $13.50 the I i doz.
and $5.10 the Y> doz.
Ktra-stretch" Top
tys returns to shape. Will not >
pecially popular with stout and
\tothevz
47 Cortlandt St.
at 49th St. 44 East 14th St.
mas Seals
ec&Co.
$Ue&
/
[lobes
teduced to j
* 1/1/7
5s than J4 price j
larly 28.00 i
?all wool styles
r motor and Jteamcr I
21.00
10.00
r ^ Jr1' 'V1' DREICER
PearU TPreeicm c
and dfewelA
L FIFTH AVENUE at FORT
I
cAaneiuie at 4(
For Me
Double We
Pure Silk S]
Reduced tc
9.95 (Ta?
Formerly 14.&
Standard high grade quality with a r
Smart patterns and colors in a range of s
tional values offered this season as a special
shoppers.
Knitted Necl
(Silk Mixta
An attractive assortment specially select
| 1.45 oa.
I SILK FOUR-IN-HAND TIES,
Men's Glo
Greatly Red
GREY MOCHA GLOVES, S?
GLOVES. MOCHA GLOVES (stocki
Regularly 6.00
| I 4.50
Newest Style
Women's Ham
'/3to Pri
Remainder of a manufacturer's entire st
closed out.
Regularly 5.00
I 2.95
I
A diversity of distinctive styles in smart
i lined.
Regularly 7.50 to 1
5.00
f
Affording Genuine
in a
Remarkable Silk
Every item at less than wi
Georgette Crepe 49 in. Formerly 2.00..,
Crepe de Chine 40 in. Formerly 3.00..,
Colored Teff^e?35 in. Formerly 3.75..,
E*tra Fine Taffeta ?35 in. Formerly 4.5(
Black Chiffon Taffeta?35 in. Formerly 3
Satin Brilliant?35 in. Formerly 3.75....
Satin Charmeuse- 40 in. Formerly 4.75.
Dress Satin?35 in. Formerly 4.50
Satin America?35 in. Formerly 5.50....
Fancy Radiums?40 in. Formerly 5.00...
C. J. Bonnet & Cie Black Silks and Satins?I
i
SILK REMNANTS in lengths su
blouses- -I to 5 yard pieces. Formerly 1
Now 1.00 to 5.0(
? _ . . . J
/tonc4 i
V-SKTH 1
)tfi^Ued j
n!
ight
hirts
)
\
.70)
v I
lation wide reputation,
sizes. The most excepincentive
to late holiday j
kwear
res) |
ed and paced at i
.95, 1.45 & 1.85
ves
uced
vlART BUCKSKIN I
nette lined). I
)
.
s in
d Bags
ce
:ock of fine Bags to be
4
} '
Hand Bags?beautifully
0.00
e Savings
Offering
k olesale prices
Now 1.45
.Now 1.75
Now 1.95
) Now 2.75
.00 Now 1.85
Now 1.65
Now 2.50
..Now 2.35
Now 3.45
Now 2.50
ormerly 5.00 to 7.50
Now 4.00 to 6.00
itabic for frocks and
.50 to 8.00 Yard
) Yard
i

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