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DR. E. M. LONQ
DENTIST Over White & Burchard'a Drug Store, Union City, Tenn. TeWphonea Office 144-2; Reaidence 144-3 DR. E. M. LONQ DENTIST Over White & Burchard's Drug Store, Union City, Tenn. Telephone . Office 144-2. Residence 144-3 OMM 4 VOL. 23, NO. 49 Union City Commercial. esttbtihl 1390 r.ntMBtd RntMnhr 1 197 WcatTeaacaacc Courier. eUbUhtd 1897 4 Ccmaolidatea September 1 law UNION CITY, TENN, FRIDAY. MARCH 6, 1914 SOME STRIKE IT RiCH o DUTASUHEVAYISr IIH-UI ALII ILL IIM III EVERYVEEK There is no doubt about money in the bank, it is sure and positive. Maybe slow, but there is the satisfaction that it is sure. Positive in every way, ,both that it will grow and that it is safe. Old National Bank ' Union Citr TmntiMe TTrMXTTT'W TO LOAN riiOTJiLU ON FARM LANDS. I am authorized to take application for loana on land, in Obion and. Weakley Counties, Tenneaaee, and Fulton County, Kentucky. The term and 'condition upon which thia money will be loaned are most favorable to the borrower. AH or any part of a loan may be paid after one year, interest being atopped on payment made. Loan are Made at 5i pi Cent. Interest on ten yeara' time, or for ehorter period if desired. If you are conaidering a loan, it would be well to make application AT ONCE. Attorney' At L&w & ' -a Union City, Tenn.' D GENUINE. TENNESSEE D III I BURT OATS Clover, Timothy, Alfalfa, Red Top and all kinds of Field Seeds. Ch pry Mo Grain Go Wholesale and Retail Grain, Hay and Field Seeds. Union City, Tenn. Telephone No. Jf Ask for Our prices before selling Your Grain and Hay. - Money to Span;! on improved farm lands, drawing interest at SK PER CENT for term of five years. Will loan any amount from one thousand dollars up. ; W. E. HUDGINS Attorney At Law . Phones 1 43 and 589 UNION CITY. TENN. COMPUTE THEIR INCOMES Incomes Under $3,000 Not Affect ed By Income Tax." Washington, D. C, March 4. It a farmer is so fortunate as to have a net income of over $3,000 a year in case he is a bachelor, or $4,000 if married, he is subject to the income tax, and under the law each individual must make re turn to the Internal Revenue Collector of his district on or before the first day of March if he has a net incoroeof $3,000 or over ($2,500 for the ten months of 1913). While the interest of most farmers in this subject is pure ly academic, the. Department of Agri culture has received inquiries indicat ing that some wish to know just what is required of them under the new law. The income tax law of October 3, 1913, places a tax of 1 per cent, upon all net incomes of over $3,000, with an additioual tax on incomes of $20,000 or more. The first question arising in the minds of most people is what con stitutes a net income. For a man re ceiving a regular salary, or a business man with a good system of bookkeep ing, it is easy to determine whether or not his income is taxable. But for the farmer who receives no stated income, and who often fails to keep accurate ac count of receipts and expenditures, it is more difficult to calculate bis net income. ' , ' In order that farmers may be posted on the income tax as it may concern hem, the following information has been furnished by the Internal Revenue Bureau of the Treasury Department: , In general, an income consists of amounts derived from salaries, wages, or compensation for personal service, paid in any form; also from professions, business, sales or dealings in property, or from rents, interest on bonds or mortgages, dividends on stocks, or oth er income from investments. These items constitute gross income, frois which there,, should be deducted the exi penseof carrying on the business; inter est paid on indebtedness; worthless debts charged off; losses by fire, Btorm or ship wreck, not covered by insurance; ex haustion, wear and tear of property, and any income upon which the income tax has already been deducted at the source, as, for instance, dividends on the stock of a corporation which has already paid the tax on its earnings. . The provisions regarding net incomes of $3,000 apply only to unmarried per sons, or to married persons not living with wife or husband. A husband and wife living together are entitled to an exemption of $4,000 on their aggregate income. This means that in case the wife has a separate income, if this add ed to the husband's income amounts to $4,000 the total is subject to the tax; or, if the wife has no separate income, the husband's income is taxable only in case it reaches $4,000. But a return must be made if the aggregate incqme of both is $2,500 for the year 1913. The joint exemption, however, would be $3,333.33. In arriving at this net income the farmer should start with his gross in come. This would consist of any items of the kind enumerated, and especially all receipts from the sale of products of every description from the farm. This would include all money received for produce and animals sold, and for the wool and hides of animals slaugh tered, if the wool and hides are sold; but he may deduct from these items the amounts actually paid as purchase money for the animals sold or slaugh tered during the year. When the ani mals raised by the owner are sold or slaughtered, however, their value should not be deducted. From the gross income there should be deducted amounts of money actually paid as expenses for operating the farm and producing the farm products, live stock, etc! This would include hired farm labor, farm supplies purchased that are necessary to carry on the busi ness and not an investment that repre sents principal, etc. Expenses for re pairs on farm property may be deduct ed, provided the amount deducted does not exceed the amount spent for such repairs during the year for which the return is made. The cost of replacing tools or machinery may also be deduct ed to the extent that the cost of the new articles does net exceed the value of the old. No deduction may be made for the cost of additional farm machinery, but credit may be allowed for the an nual depreciation in the value of such machinery. For example, if a machine cost $100 and is regarded as good for ten years of service, the annual depreci ation would be 10 per cent, and a de duction of $10 each year could be made on this account, as part of the expense of operating the farm. The expense of supporting the fam ily, however, can not be deducted from the gross income. Among items for which credit is not allowed are expenses for medical attendance, life insurance, insurance on dwelling, store accounts, family supplies, wages of domestic servants, and cost of board, room or house rent for family or personal use. In case an individual owns his residence he cannot deduct the estimated value of his rent, but a tenant operating a rent ed farm as proprietor may deduct the rent of the farm as part of the expense of bis business. Farmers are not required to include in their income the produce taken from the farm and consumed by the family. Only produce sold off the farm is to be included. A farmer is not entitled to a deduction for bis own labor, or for ex pense of feeding live stock. He may, however, deduct such items as cost of fertilizer and other supplies and ma terials which are used up in the course of his operations. The law provides that for the year 1913 the tax shall be computed only on the net income for the ten months from March 1 to December 81, and that re turns shall be made on the basis of five sixths of the year. Therefore, if the net income for the last ten months of 1913 amounts to $2,500 or more a re turn on form 1040 is required. For the ten months of 1913 every single person is allowed $2,500 exemption and in the case of husband and wife, living to gether, $3,333.33 exemption. In com puting the net income for this period deductions should be made for only five-sixths of the amounts properly al lowable for the whole year. Returns for. 1913 must be made by March 1, Blanks for making returns for the income tax may be obtained from the collectors of revenue tbroughbut the country, or from the Bureau of Inter nal Revenue of the Treasury Depart ment at Washington, D. C. In case of failure on the part of any one who is subject to the tax to file the return by the first of March, he law fixes a pen alty of 50 per cent, of the amount of the tax assessed and $10 to $1,000 fine, In case of false or fraudulent return there is a penalty of 100 per cent, and $20 to $2,000 fine and one year's im prisonment or both. The Bureau of Internal Revenue is preparing regulations which may be obtained by interested persons on appli cation to Collector of Internal Revenue for the applicant's district. VOLUNTEER STATE. Agricultural Bill Carries Items of Interest By JESSE S. COTTRELL. Washington, Feb. 27. The agricul tural appropriation bill, which has gone to the House for early consideration, embodies a number of items which are of interest to Tennessee. Representa tive J. W. Byrns went over the bill care fully, in view of bis membership of the General Committee on Appropriations, and finds that the sum of $400,000 is proposed generally for the eradication of the cattle tick, of which Tennessee is now free, but a part of which sum will be used in Tennessee in the event such is needed. A recent resolution of Congress appropriated $500,000 for the eradication of hog cholera and Tennes see is now receiving her share of this sum. The agricultural bill carries $25,000 for the investigation and improvement of tobacco and the method of tobacco production and handling. The work will be along the tine of a special agent whom Mr. Byrns bad sent to Clark s ville last year to make an investigation and which investigations are to continue in the tobacco belts of Tennessee and Kentucky. For the prosecution of in secticide work in tobacco and Sob them crops the sum of $43,000 is set aside. It is thought that these sums will go through as set out in the bill. v Representative Byrns has been advised that an additional $10,000 has been ap propriated or allowed by the Depart-, ment of Agriculture for government aid to public roads in Montgomery; County, for which bailiwick a like sum Don't I Ifaste Your Fee Use i IIITEMIiTIOHAL Feed Grinder. It requires from 12 to 35 per cent less ground grain to produce the same amount of beef, pork, milk or horse power than when whole grain is fed. An I. H. C. Feed Grinder and an Interna tional Engine makes an ideal combination. The first time you are In town drop in and let us show you. SOLD BY . F. Tisdale & UNION CITY, TENN. Son Ol had already been allowed. The county will be expected to meet this sum with another $20,000, work in the amount of $40,000 to be done in Montgomery County under government supervision. Representative McKellar, of Tennes see, Thursday afternoon occupied the attention of the House for an hour in the discussion of his military reserve bill, which calls for an appropriation by Congress to educate young men for military duty. The Government it asked to appropriate $240,000 annually and the several States each $120,000 to maintain a military school in each State where 300 young men shall be kept in school on the proviso that they hold themselves in readiness for military duty of three years. He said bis pro posed law would educate 5,000 young men annually who would not otherwise get an education; second, that wi'.hin seven years there would be created an army reserve of 35,000 of the best trained men in this country, who would be lawfully required to respond and who would respond instantly to the call to arms of their country. The proposed schools are to be' under the direction of West Point graduates. PANCHO VILLA Dispatches Declare Rebel Leader Is Army Deserter. Pancho Villa, the Mexican rebel lead er, is declared to be a negro who de serted the United States army while a sergeant in Troop D, Tenth cavalry, in May, 1879, in a special dispatch from Fort Huachuca, Ariz. According to in formation offered to local papers, Villa's right name is George Goldsby, and he is said to have first enlisted in the United States army at Memphis, which was his home at that time, It is stated that Goldsby also lived in Nashville, and attended the public schools there as negro boy before going to Memphis to work, and his parents were obscure negro laborers. It is declared that Villa has been pos itively identified as Goldsby by two of his former army comrades, W, A. Haynes and Fred Scott and Sergt.-Maj. E. P. Frierson. of the Tenth cavalry. E. P. Frit rson, it is stated, is also a Tennesseau, who recently gave a full record and history of Goldsby to the San Francisco Chronicle, which pub lished it in full. The record furnished by Frierson, the dispatch declares, pos itively identifies Villa as. being the Memphis negro who deserted from the United States army. - DESERTED AT BORDER. According to this record, after recruit ing at Memphis, Tenn., Goldsby was as signed to duty with the Tenth cavalry, where be became a sergeant He served at Fort Riley, Kansas City, Fort Gib son, Oklahoma (then Indian Territory), and at Fort Chono, Texas, at which place he is said to have deserted while in the field scouting after hostile In dians. Fort Chono is only a short dis- tance from the border, and not a great distance from Chihuahua, Mexico. Goldsby's alleged desertion .from the army might have been followed by hi affiliation with Mexicans in that section of the country, and, due to his several years of experience in the army part of it as an officei it would have been easy for him to become a leader, of a cer tain class of Mexicans,' and, later ol an army. Inquiries made by newspapers in Toxas and Arizona seek information from Tennessee to verify assertions that Villa and Goldsby are the same, and that be deserted the United States army in the eighties and became a Mexican ma rauder. Thus far efforts have been un successful. There are negroes in Mem phis named Goldsby, but no one has been found that remembers George Goldsby definitely. Negroes have been found that say they knew a Goldsby negro who joined the army many years ago, but they know nothing about him. Thus far no effort has been made to refute the allegations made by Western and certain Mexican newspapers, and it appears that Tennessee is getting credit for furnishing a rebel leader to the Mexican mess. EARLY HISTORY VAGUE. Since Villa's sensational rise into prominence as an outlaw and rebel lead er, investigations have been made with a view to getting his earlier history. Such efforts, however, have been futile, and little or nothing has been positively ascertained that would discredit the allegations that he did come from Mem phis. A story gained circulation that he was a member of aprominent family io Northern Mexico, who tired of the life of a Mexican gentleman and became an outlaw. This, however, has been discredited, and the earliest positive knowledge of his activities was the kill ing of an army officer in an adobe sa loon in Chihuahua several years ago, after which he escaped to the hills of Northern Mexico, and soon became known as a desperate bandit. The mur der of the army officer in the Chihuahua saloon occurred about the time that Goldsby is said to have deserted from the United States army, a few miles across the border. The scant details of Villa's record tend toJend color to the allegation that he comes, from Memphis, Tenn. U. S. Weather Bureau. Following are co-operative mete" 1 observations for period stated: Mean maximum....'....... 44 oVg. Mean minimum .........26.75 deg. Maximum, Feb. 17 ... 67 deg. Minimum, FcX 7 and 24... , 12 deg. Greatest daily range, Feb. 17. 41 deg. Total precipitation ......... 645 to. Greatest precipitation in 24 hours .................. t 1.43 in. Total snowfall . 1 in. Mean temperature for month. 37,21 deg. Number of days with one-tenth or more precipitation, 10. Days clear, 13; cloudy, 9; part cloudy, 6. J. B. Oliver, Observer. Union City, Feb. 28, 1914. .