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THE PENSACOLA JOURNAL, TUESDAY MORNING, APRIL 8, 1SI3.
PRICE OF BAIT SEDBY EAST 'ASS DEALERS BAY EXTREME SCARCITY OF ,FISH, AND EVER-INCREASING DEMAND IS CAUSE OF THE ADVANCE FRESH BAIT 2 1-2 CENTS AND SALT BAIT 4 CENTS. Since the 10th of March the smack fishermen of Pensacola have been pay ing an Increased price for fresh and salt bait, the Increase ranging from a-half to one cent and was brought about by the East Pass fishermen, who posted a notice of the raise In price ia the fish houses previous to the tenth of last month. The fish used for bait are skip-Jacks and elwys. Fresh bait Is now 2 1-2 cents per pound, an Increase of a half cent, and salt bait Is sold for 4 cents per pound, an Increase of one cent. Owing to the extreme scarcity of all kinds of bait flsh. and the ever-Increasing demand for them, the East Pass fishermen say they are compelled to charge a little more for them. Turn Wheels of Legislation Toward Tariff (Continued from Page One.) this country Of person who live abroad. . S.1 00.000.000 IN REVENUE It Is estimated by members or tine ways and means committee that ap proximately $100,000,000 in revenue may 'be derived from this new tax, In cluding the corporation tax, that amount making up for the deficit In revenues to be derived from imports by virtue of the- greatly reduced tariff rates and the transfer to the free list of articles that are classed as necea-. saries of life. , . Incomes of -taxable persons snail in clude gains, profits and Income de rived from salaries, wages or compen saitional for personal service of what ever kind and in whatever form paid, or from professions, vocations, busi nesses, trade, commerce, or sales or dealings in property, also from In terest, rent, dividends, securities, In cluding Income (from property. Income from but not the value of property ac quired by bequest, devise or descent and also proceeds of life insurance policies paid upon death of persons Insured. . The hill allows as deductions in computing net Income all necessary expenses actually incurred In carrying on any business, not Including personal living or family expenses, interest ac crued and payable within the year by a taxable person on indebtedness; all national, state, county, school and municipal taxes, not including local benefit taxes; losses incurred in trades or from fires, storms or shipwreck not compensated by Insurance or other ivise; debts actually ascertained as worthless and charged ff;. also rea sonable allowance for wear and tear on property hurt, no deduction will be allowed for exjpense of restoration or improvements made to increase prop erty value. It exempts also, in competing In come, amounts received as dividends upon the stock of any corporation, joint stock company, association or In , urance company which is taxable wpon its net Income under the cor poration tax provision of the bill. EXCLUDES THE PRESIDENT. The bill excludes the compensation ' of the president of the United States during his term. Judges of the supreme oourt and inferior courts of the United .states, and compensation of all offi cers and employes of a state or any political sxfb- division thareof. It establishes a system of collection of the tax et Its source, requiring all persons, firms, co-partnerships, com panies, corporations, Joint stock com panies, associations or Insurance com- ' uanies, and1 all trustees, executors, ad- RA ijm SHOES A big business permits of a big saving in the buying of materials and in manufacturing. It is these economies that add the qual ity to McElwam Shoes, Men. Shoes at $3, $330. Boys' Shoes at $2.50; $3 Little Boys "Slices at $2. $230 V. H. McEIwain Company BOSTON 71 s u Molt The most appetizing, healthful and nutritious of foods. Hot biscuit made with impure and adulterated baking powder are neither appetizing nor whole some. It all depends upon the baking' powder. Take every care to have your biscuit made with Royal Baking Powder, the only baking powder made from Royal Grape Cream of Tartar, which is chemically pure, if you would avoid indigestion. The very best receipts for hot biscuits and griddle cakes will be found in the ROYAL COOK BOOK 580 RECEIPTS FREE Send Address ROYAL BAK1MO POWDE CO., NEW YORK. mmistrators, receivers, etc., and of ficers and employes of the United States having the control or disposal of salaries, wages, interest and other profits and income of another person, to withhold and pay to the collector of Internal revenue the amount of income tax due from such persons. All such persons or firms are made personally liable for such tax. Pertons or corporations liable to make return on incomes who fall to do so at a speed fled time, are made Mable to a fine not exceeding $500 and the penalty for false or fraudulent re turns is fixed t $1,000 or taupTison ment not exceeding one year, or tooth. "In formulating this ' additional Im post, said Chairman Underwood in his report, "the attempt has been made to provide not only a source of reventue but also a means of redress ing in some measure the unequal tax burdens which result from the prac tice of placing the federal income en tirely upon customs and internal reve nue duties. This Is a system of tax ation which inevitably throws the bur den of supporting the government upon the shoulders of the consumers. It correspondingly exempts tho men of larger 'income, whose consumption of the ordinary necessaries of life is sub ject to tariff taxation in a far less ag gregate degree than is that of smaller Income earners who expend the great er proportion of their resources for the ordinary necessaries of life." Speaking of the principle of taxa tion laid down and the graduated sys tem proposed, Mr. Underwood de clared: "The progressive principle already has been sustained by the supreme court of the United States in the In heritance tax cases and there can be no doubt that the same principle ap plies to the income "tax included in this bill and will be fully upheld should it $4. $4.50 malccs ii ciio mis MseiniM ever be called into question. Owin to fects in personal property taxation the larger incomes in the United States (have for many years been able to escape with less than their share of the general burden of taxation and this Inequality will be, it, is believed, in part overcome by the plan pro posed." . . . The bill provides that all taxable persons shall be notified of the amount for which they are liablo under the Jaw on or before tire first day of June, o' each year and assessments be paid on or before June 30. For delay In making payments, and ten days after notice, there shall be added the sum of five per cent on the amount of tax unpaid and interest at the rate of one per cent a month from the time the (tax falls due. The corporation tax provisions, it Is directed, shall be computed on the in come for the year ending December 31, 1913, and for each calendar year thereafter. It is provided, however, that corporations may designate the last day of any moroth as the day of the closing of the fiscal year and may have the tax computed on, the basis of net Income ending on its designated day. AH labor, agricultural, horticul tural, fraternal, religious and mutual benefit societies are made exempt from this proposed tax. THE FREE LIST. Removal of all tariff from many ar ticles of food and clothing; broad reduc tions in the rates of duty on all neces saries of life; an Increase of tariff on many luxuries; and a new Income tax that would touch the pocket of every American citizen whose net income ex ceeds $4,000 are the striking features of the new democratic tariff . revision bill presented today to the house. Sugar would be free of duty In 1916, the bill proposing an immediate 25 per cent reduction and the removal of the re maining duty in 1910. Raw wool would be made free at once with a correspondingly heavy reduction in the tariff on all woolen goods. All these other articles are put on the free list, namely: Meats, flour, bread, boots and shoes, lumber, coal, harness saddlery, iron ore. milk and cream, po tatoes. Bait, swine, corn, commeal. cot ton bagging, agricultural implements leather, woodpulp. Bibles, printing paper not worth more than 2 1-2 cents per pound, typewriters, sewing machines, type-setting machines, cash registers, steel rails, fence, wire, cotton ties, nails, hoop and band iron. fish, sulphur, soda" tanning materials, acetic and sulphuric acids, borax, lumber products Including broomhandles. clapboards. hubs for wheels, posts, laths, pickets, staves, shin, gles. Thee principal items are taken from the free list and taxed: Diamonds and precious stones, furs coal tar products 10 per cent; volatile oils 20 per cent; spices from 1 cent to 2 cents per pound. $80,000,000 REDUCTION. The new rates are estimated to reduce the customs revenue approximately $30 -000,000 a year. This is expected to be made up by the Income tax. Endorsed by President Wilson," the measure represents the efforts of the president and the house tariff makers to carry into effect democratic pledges of downward revision and of concessions to the American consumer. x Protection to the farmer would be cut throughout by more than 50 per cent In an effort tp reduce the cost of food Protection to the steel and Implement manufacturer would in turn be cut by fully as wide a marsin. Heaviest reductions fall upon foodstuffs agricultural products, woolen and cotton clothing. The free wool proposal, backed by Pres ident "Wilson and accepted bv the house committee, is expected to provoke a, se vere fight within the democratic rank's of both houses. It had not become clear to day whether the democratic opponents of free wool and free sugar in the senate would be able to force a compromise on one or both those provisions. The decision to make a gradual reduc tion in the supar tariff was reached bv the president and the house committee after Louisiana cane growers declined to accept a compromise that would have established a one cent per pound tariff for three years with free susar in 1916. THE INCOME TAX. The income tax which will transfer in direct taxes levied throusrh the tariff into a direct tax upon the incomes of indi vidual citizens and corporations, exempts all sums below $4,000. Incomes in excess of that amount will pay 1 per cent tax up to $20,000 2 per cent from $20,000 to ONE OF ACOSTA'S HOBBIES IS RULE OF THE PEOPLE; ANOTHER DEATH PENALTY FOR BURGLARS BY FRANK L. HUFFAKER Tallahassee, April 7. -Representative St. Elmo Acosta, of" Jacksonville, Is against burglars whether they be of the political or hold -up-your -hands variety, and is fighting both classes. One of Acosta's hobbies is the rule f the people of Jacksonville in every phase of politics, as against corporate domination, and another is the hang ing of the other type of burglars. He $50,000 3 per cent from $50,000 to $100,000; and 4 per cent above that figure. The present corporation tax. levying 1 per cent on corporation incomes above $5,000 would be retained as part of the income tax. To encourage trade with foreign coun tries, the bill would reverse the maximum and minimum provision of the present tariff law. The new tariff rates would be the maximum tariff and the president would be given authority to negotiate reciprocity treaties and make concessions to countries that grant favors to Ameri can exports. In a statement accompanying the bill Chairman Underwood said the measure would. In the opinion of its makers, re vise the tariff "to a basis of legitimate competition, such as will afford a whole some influence on our commerce, bring relief to the people In the matter of the high cost of living and at the same time work no detriment to properly conducted manufacturing industries." "In its tariff revision work the com mittee has kept In mind." he said, "the distinction between the necessities and the luxuries of life, reducing the tariff burdens on the necessities to the lowest points commensurate with revenue re quirements and making the luxuries of life bear their proper portion of the tariff responsibilities. Many items of manufacture controlled by monopolies have been placed on the free list." UNDERWOOD'S STATEMENT. Chairman Underwood's statement giv ing the changes in detail continues as follows: "In the chemical schedule the rates on certain commodities show heavy reduc tions. For Instance, boraoic acid Is cut from 78.70 per cent to 21.43 per cent, glue from 35.06 per cent to 14.29 per cent and red lead from 60.35 per cent to 25 per cent. Moderate reductions have been made on medical preparations which are cut from 25 per cent to 16 per cent, blacking from 25 per cent to IS per cent, drugs from 12.65 per cent to Id per cent, and oliva oil from 35,18 per cent to 21.05 per cent. The schedule contains a num ber of articles on which either no reduc tion has been made or an advance pro vided for. "Rates on all brick have been cut on an average from 30.23 per cent to 10.28 per cent, tile from 47.84 per cent to 23.56 per cent, asphalt from 37.05 per cent to 9.63 per cent. Ordinary earthenware, which was already relatively low, being subject to an average duty of 24.67 per cent, has now been cut to 15 per cent, while window glass has been given an average reduction on all glasses of from 46.3S per cent to 23.31 per cent. Plate glass, which may be considered a luxury, still retains a duty of nearly 40 per cent, the average being 3S.45 per cent, in place of the duty of 63.95 per cent In the law. "Pig iron and slabs, which were 16.3a per cent and 17.79 per cent have been cut to 8 per cent In each case; beams from 23.20 per cent to 12 per cent and forgings from 30 per cent to 15 per cent. On the other hand, bicycles. much more highly manufactured product, are dutiable at 25 per cent as against 45 per cent and rasora at 35 per cent as against 77.68 per cent. . "The Idea of the large extension of the free list for the unmanufactured products has been the fundamental conception, while the effort, has been made to im prove the status of the manufactured lumber. Thus sawed boards, other than cabinet wood have been carried to the free list while sawed cabinet woods, which were 12.75 per cent in 1912 are now 10 per cent; casks barrels, etc.. which were 30 per cent .are now 14.77 per cent and house furniture, which was 35 per cent is now 15 per cent. "Tobacco and spirits have been found to be good producers of revenue and have, therefore, been left at the same rates as in the present law. RELIEVE THE CONSUMER. In the effort to relieve the consumer and to mitigate the high and rising cost of living, schedule O. which deals with agricultural products has been thoroughly revised and important reductions have been made. For instance, the duty on horses has been reduced from 25 per cent to 10 per cent, cattle from 25.07 per cent to 10 per cent, sheep from 16.41 per cent to 10 per cent, cattle from 25.07 per cent to 10 per cent, sheep from 16.41 per cent to 10 per cent, barley from 43.05 Ir cent to 23.07 per cent, macaroni from 34.25 per cent to 23.81 per cent, hay from 43.21 per cent, figs from 51.63 per cent to 42.10 per cent, lemons from 68.85 per cent to 24.03 per cent, live poultry from 13.10 per cent to 6.67 per cent and vine gar from 33.03 per cent to 17.39 per cent. Other changes are in proportion and the general effect has been to reduce in a very material proportion the heavy taxes upon imported foodstuffs. "In scehudle' I, dealing with cotton, comparison of the principal Items show redactions on cotton thread from 31.54 per cent to 19.29 per cent, on spool thread from 22.95 per cent to 15 per cent on cotton cloth from 42.74 per cent to per cent, on water-proof cloth from 50. 66 per cent to 25 per cent, on ready-made clothing from 50 per cent to 30 per cent on collars and cuffs from 64.03 per cent to 25 per cent, on plushes from 61.40 per cent to 40 per cent, on handkerchiefs from 59.27 per cent to 30 per cent, on stockings from 75.3S per cent to 50 per cent, on gloves from 89.17 per cent to 33 per cent, on underwear from 60.27 per cent to 25 per cent, and on cotton damask from 40 per cent to 25 per cent. "Flax, hemp and their products have been similarly dealt with. Raw flax and raw hemn have been reduced from $22.40 and $22.50 per ton. respectively, to $11.20 each. Jute yarns have been cut from 26.90 per cent to 15 per cent, cables and cor dage from 6.43 per cent to i.Xo per cent; DODSON'S LIVER TONE GIVES EASY RELIEF FOR CONSTIPATION A Liver Remedy that Replaces Calomel and Causes No Restriction . of Habit or Diet. It is a mistake o take calomel when your liver 4s lazy and needs toning up. Hundreds of people in tfcis section have discovered that God son's Iiver Tone is a thousand times better and safer and its action is just as sure. There are none of the bad after-effects of calomel to Dodson's Liver Tone and no danger of saliva tion. For attacks of constipation or bil iousness one or two spoonsful of this mild, pleasant tasting vegetable liquid Pensacola Cabinetworks Everything Rlade of Wood" Phone 399 32-38 West Main Street willntroduce a bill providing for the death penalty for "burglars and hopes to pass 4t. His btill will be. the same as that In force in North Carolina. "When a crook enters your house for the purpose of robbing you dur ing the night hours," says the Jack sonville man, "he Is prepared to shoot you if you attack him, and has. every advantage of his victim. He is a mur derer at heart and should be treated as stw-h." oil cloths for floors from 44.29 per cent to 15 per cent, handkerchiefs from 60 per cent to 35 per cent "Schedule K. dealing with wools and wool manufactures has .been the center of criticism for many years and the com mittee has given it very careful study. The result has been to make raw wool fre of duty, to reduce yarns from 79.35 per cent to 20 per cent, blankets from 72.69 per cent to 25 per cent, flannels from 93.29 per cent to 86 and 35 per cent .dress goods from 89.70 per cent to 35 per cent, clothing from 79.66 per cent to So per cent, webbings, etc from 82.7 per cent to ZSr per. cent and carpets from rates ranging from 60 per cent to 82 per cent to rates ranging from 20 per cent to 35 per cent "Inasmuch as silk and silk goods are distinctly to be classed as luxuries, it has been deemed wise to make only very moderate reductions in the rates of duty. Partially manufactured goods has been cut from 21.01 per cent to 15 per centj spun silk yarn from 37.09 per cent to 3s per cent, sewing: silk from 35 per cent to 15 per cent, silk goods from 62.68 per cent to 50 per cent, silk handkerchiefs (plain) from 60 per cent to 40 per cent, ribbons from 60 ner cent to 40 Der cent, artificial silk yarns from 41.79 per cent to 35 per cent and braids. emDroiaeries ana me like of artificial; silk from 68.49 per cent to 60 per cent. "Print paper, whose cost of production Is as low in this country, under favorable conditions as it is anywhere in the world. has been transferred to the free list when worth less than 2 1-2 cents per oound while the higher grades have been given a tariff of 12 per cent in place of 15.80 per cent, uopymg paper nas Deen cut from 42.32 per cent to 30 per cent bag envelopes, etc., from 49.92 per cent to 35 per cent, parchment papers from 47.82 per cent to 35 per cent, photographic paper from 28.99 per cent to 25 per cent, writing paper from 45.13 per cent to 25 per cent, common wrapping paper from 45.13 per cent to 25 per cent, and books from 25 per cent to 15 per cent. "Trimmed hats are given only a mod erate reduction, being cut from 50 per cent to 40 per cent, while brooms are substantially reduced, being cut from 40 per cent to 15 per cent. Jewelry has been but slightly reduced, falling from 75.74 per cent to 60 per cent. A good illus tration of the attitude adopted with re spect to the application of the tariff is seen in he item, precious stones uncut, which are given a rate of 10 per cent notwithstanding they were on the free list under the act of 1909. "Where the tariff rates balance the difference In cost of production at home and abroad, including an allowance for the difference in freight rates the. tariff must be competitive and from that point downward to the lowest tariff that can be levied will continue to be competitive to a greater or less extent. Where com petition is not interfered with by levying the tax above the highest competitive point, the profits of ihe manufacturers are not protected. "On the other hand, when the duties levied at the custom house are high enough to allow the American manufac turer to make a profit before his com petitor can enter the field, we have in vaded the domain of the protection of profits. In the committee's Judgment the protection of any profit must of necessity have a tendency to destroy competition and create monopoly whether the profit protected Is reasonable or unreasonable. "Which course is the wiser one for our government to take? The one that demands the protection of profits, the continued policy of hothouse growth for our industries the stagnation of develop ment that follows where competition ceases or on the other hand the gradual reduction of our tariff to a basis where the American manufacturer must meet honest competition; where he must de velop his business along the best and most economic lines; where when he fights at home to control his "market he is forging the way In the economic de velopment of his business to extend his trade in the markets of the world The future growth of our great Industries lies beyond the seas." HAIR IMPORTERS READY-TO RETURN TO NEW YORK New Orleans, April 7. Antonio Mu sloa and his three sons. New York hair exporters, today withdrew their appli cation for a writ of habeas corpus re cently filed with the federal district court here, and announced they were ready to return to New York. Detec tives from New York have been here for some time waiting to take them back, but the filing of habeas corpus proceedings delayed their return. The father and his sons are charg ed with fraud in connection with the exportation of human hair. CRIMINAL OF NOTE IS ARRESTED IN COLORADO Greely, Col., April 7. County au thorities believe they have arrested one of the best known criminals of the United States. The man. 50 years of age, was arrested yesterday at Frederick, west of this city, chars' d with passing a worthless check. He has used the names of R J. Spencer and J. C. Jordan in this vicinity. Po lice here say he Is wanted in Louis iana, New York, and other states. are enough and all druggists are glad to give a (Personal guarantee that -very bottle will do all that is claimed for it. Money back in Oi.y case where it fails. Eodsons Liver Tone costs only 50 cents for a large feottle. Rememiber the name because there are any nam fcer of remedies sold in imitation of Eodson's claims. Some of them hae names very similar to Dodson's Liver Tone and are in same color package. These imitations are not guaranteed and may bo very narrofuJ. Go to your own. druggist whom ycu know and you will surely get the genuine. Balk ccm Lotus' Co. , (adv.) Welcome to "Hans Across The Sea," Aii0 m 10c tin. Here he comes in smiling glee. His ship is a cup, his paddfe a spoon, You see, he's bound to get here soon. Swiftly and surely he skims the wave, Van Houten's Rona his cargo brave, And he says to himself, "I surely think American children will like this drink!" OJrvs L I f I I i J IMPORTED DUTCH . i 1 1 1 HBMMSSHMHiBSSBSSSS ' HOTEL FLANDERS . JUST OFF BROADWAY 133-137 West 47th St.. NEW YORK CITY The right kind of a hotel in the right locality. In the heart of tha theatre district and adjacent to the shopping centres. Positively fire proof. Excellent cuisine and an exceptional orchestra. A large addition Just completed, containing library, grill and blllard hall. Handsomely Furnished Rooms, Private Bath. $1.50 per Day Upward. From Grand Central Station, cars ..marked "Broadway" without trans fer; Pennsylvania Station, 7th Av. cars without transfer. Booklet upon re quest. H. R. SHARES, PROP. WEST FLORIDA'S Oldest Largest Strongest Banking Institution THE FIRST NATIONAL BANK of Penaacola, Florida, Designated Depository of tn united States. DIRECTORS! r. C. Brant. W. A. Blount. W. H. Knowies. W.. J. Forbe. Thoa. W. Brent. ALOIMZO RICHARDSON 8l COMPANY Certified Public Accountants A Staff of Thoroughly Qualified Accountants. Whose Experience Enables Them to Make a Critical Analysis of Books and Accounts. Empire Building ATLANTA Correspondence Jflo'IZt de?ansscT4TIie Burrow Press tributes to dissatisfaction when they wake. See us DIRECTORY ROSE ZUNG PUBLIC STENOGRAPHER. OFFICE 401 American National Bank , Building. TELEPHONE 902. L. C. Phillips, Ph. M. M. D. HOMEOPATHIC PHYSICIAN. Diseases of children and general prac tice. If you have not taken Homeopathic Medication for your complaint, your best effort Is yet to be made. Office 308-309 Blount Bldg. Phone 69. Residence 1122 East Gadsden. Phone 1614. DR. J. L. INGRAM. CLASSES CORRECTLY FITTED. LENSES DUPLICATED WHILE YOU WAIT. 10 South Palafox. With Will C. Diffenderfer. T. G. YATES. "M. D. Optician. 410 Blount Building. Twenty years' experience aa an Eye Specialist. Examination free. DR. J. B. TILLER, DENTIST 310 Blount Building. Office Phone 86. Realdance Prone 41. TOHN S. BEARD Attorney and Counsellor at Law. Practice In all the courts, state and federal. Of. fices, 400-401 Thlesan Building. Pensacoia. Florida. LEE LUMBER CO., Buildine Materials. Estlmats Chrfully Furnished Mill and Office, Cor. Gregory and 13th Avenue. Phone 310. JOHN THOMPSON Shoe repair shop.. Ladies' and Men's Shoes neatly repaired while you wait QuicW delivery. Goods called for and delivered. 41 South Palafox street Phone 778. MAYES PRINTING CO. PRINTERS FOR PARTICULAR PEOPLE. 17-19 West Government St. Phone 181. Subscribe for The Journal. 11 lV..i Halt pound tins 25c Nfi American National Bank Bldg, Solicited. PENSACOLA, FLA. ( next. (Incorporated.) Phone 94. Buy Your Meats From the Palafox Market and save 20 to 30 per cent on your bills. W. T. Waters. A. J. Keynton. 117 N. Palafox. Phone 193. THE PENSACOLA t STATE BANK CO-OPERATES WITH -ITS DEPOSITORS. THE SAME ATTENTION GIVEN TO LARGE AND SMALL ACCOUNTS, - aiafox and Garden Sts. "WANTED, A NAVAL POLICY," SUBJECT OF DISCUSSION "Washington, April 7. "Wanted A naval policy." will be the ruling theme When the iXavy League of the United States meets here Thursday In Its eighth annual convention. The con vention will be In session three days and General Horace Porter; president of the league, will preside. Assistant Secretary of the Xavy Franklin XX Roosevelt will open tho convention -with an. address of wel come. Other speakers include Captain John Hook, a member of the navy general board, and Perry Belmont, of New York, who will discuss the neces sity for a "council of national de fense." The consolidation of navy yards an 3 a reformed system of promoting naval officers will be taken up Friday. Fri day night the annual banquet ci th league will be held, at which Secrjlary Daniels will he the guest of honor. Vice-President Marshall also will a guest- Saturday will be given over to the demonstration of the assembling from the furnaces of the different parts of a fourteen-inch gun and the testing of battleship models at the Washington navy yard. A trip to Mount Vernon will follow. J