1 Part two ill Pages 1 to 8 SEVENTY-THIRD YEAR SALEM, OREGON, SUNDAY MORNING, MARCH 16, 1924 PRICE FIVE CENTS I. 3s t i A I ' - v. .. ii ' ,1 r h TT AIRPLANE WHICH These photoirraphs were made' at "Clover Field, Los Angeles, Cal., irom whlcn the proposed globe en circling flight will be- started - this TAX EllMIITION Propose Stamp Tax to Re place Tax on Capital '. Gains if Needed Elimination of capital gains de rived from, the aale of real estate from,; the income tax measures is being sought by the National as sociation of Real Estate boards, according to telegrams received this week by John H. Scott, presi dent ' of the Marion-Polk County Realty association from H. U. Nel son, executive secretary ot the na tional association and giving sup port to the movement was passed at the Thursday luncheon of the local association and telegrams to this effect sent to Chicago and to United States Senator Stanfleld, of the senate finance committee. .. . :' It was pointed ; out by the real tors that already, there are two normal graduated federal Income taxes and - one , surtax and unless the capital gains tax was eliminat ed on top of the other. This would hinder property purchased for In erican Music - "... ... ,4 "... ' - ' "'. ivaicsKa isary, wcii Known Traveler,, Rec- ognues Primitive Strains on Broad- 4- , Valeska H. Bart, .adventurer ": Into strange places, brings back Xrom Haiti a - weird tale of tho pritfn of jaz .Vk'-v'Vv cot on the trail of primitive Jazs when by accident .1 ,.Teard jthe torn torn , beat at ' a voodoo ceremony and I don't think t hayo . tver experienced anything' so in toxicating,' -Miss Baryirelttcs. ;m ' "The rhythm btgaa very slow 1 t and I could actually feel its '. tempo raising my blood tpats .to tt 1 1 " Mii.iMBWWBWMiWwiMMiMii mmnm jm i mil lira aniwai j&&4WKiiasiKXl vv , , ... ; ; 3! ' - : To ' ' ' jj ') r ': llx -.J . 'L lift I ? NT WILL START ARMY'S ROUND THE WORLD FLIGHT, AND MAJOR MARTIN, IN spring. Plane ' No. 1, In which Major F. Ii. Martin will fly from Clover Field, Is being Inspected by vestment being readily sold. The messages, from national as sociation, headquarters, in Chicago and signed by H. U. Nelson, execu tive secretary, were as follows: "There is possibility of eli minating tax on capital gains . in new federal revenue act. Senator Smoot, chairman and other members of the senate finance committee, as well as treasury department favor it. Please wire Senator Stanfield urging his support pointing out the present "law restricts sale of real property held by present owners previous to March 1, 1923 and encourage subterfuge' and evasion. Tax committee of National assoc iation recommends substitu tion of stamp tax on real es tate sales If necessary to make up loss in revenue." The second message read: "Tax committee will not advocate any increase in stamp tax on real estate transactions and Is trying only to obtain elimination of capital gains front income tax. Please wire Senator Stanfield of senate finance committee to support our re quest." What we really need, apparent ly, is a flivving wage. Goes Back Voodoo Chants 4f ' ' I , . '. " : , : i a point of Pennine intoxication. When finally limp and spent I got back to the everyday world. I realized that our so-called jazz, is a -modified form of this Carib ' nxis c Even in it present vari ty almost anybody will admit , that it is somewhat intoxicating. : "Recently I heard Paul White man pktyinj? 'Mamma Loves Pai . pa at the. iZiegfeld Follies. It reminded me a- great deal of the) too, vtom r rnQlodies.; -. It had all ' the' uncivilized appeal of native music, for indeed 1. could close ' . wyjexcsVand, picture myself on a' lonely Haitian road hearing the: native chant to the torn toms. j ; "As dance music I should think ' It weald bo most" exhilarating is and as a peptant, equal to ' any j ,' I c,. pi-Volstead days, COMMAND Lieutenants Lowell H. Smith (left) and Erik H. Nelson. Major Mar tin Is shown In the insert. linois Real Estate Board Uses Radio to Give Good Instructions Here are some kinks In present income tax laws applying particul any io reai estate, mey were broadcast this week to members of the National Association of Real Estate Boards by the Oak Park Illinois, Real Estate Board. As summarized by Archibald Harris, counsellor on accounting and tax ation to the Chicago Real Estate Board the Illinois Bankers Assoc iation, the Indiana Bankers Assoc iation and the Tennessee Bankers Association, they are: Where property is bought for renting purposes a depreciation will be df "ncted on it each year, even thou6u It Is not actually rent ed. Of course depreciation may not be taken on a house bought solely for a residence of the own er. Where property is bought for sale at a profit, depreciation must be taken for each year, whether it is takeajluring each year or at the time the sale is actually made. llll A. 1 . - in an installment saie, wnere the cash consideration received, at the time of the sale is less than 25 of the sale price, further pay ments to be received over a' period of years, the profit should be re ported not in total at the date of sale but in installments when pay ment is made by purchaser, each portion reported being equal to the same proportion of the total pro- tit to be earned as the installment paid is to the selling price. To avoid difficulty in allocating profit on subdivisions a value should be set up at the time o pur chase on each fraction of property bought. ' EARLY OREGON RO MANCE A romance of early Oregon, in which the principles were the poet, Joaquin Miller, and Minnie Dyer, also an Oregon writer, was related recently by Professor John B. Horner to his Oregon history class es at the Oregon Agricultural col lege. "Joaquin Miller was first known in literary circles as Giles Gaston, and Minnie Dyer as Minnie Myr tle said Professor Horner. "They were contributors to the Eugene Review of which Miller was manager. In response to an editorial request, she gave him her name and address. An invitation to her home was accepted. "Along the trail to the Dyer home the poet saw a boy chopping wood in a Coquille forest. The boy was attracted by the rugged face of the rider, made more com manding by a ready weapon strap ped to his side, and by a daunt less, dare-devil expression. The boy was Dinger Hermann, who la ter became congressman from Ore gon, anUnited States land com missioner at wasnington. "Upon arriving at Port Orford late Thursday afternoon, the poet, mounted on his charger and co3 turned in frontier garb, met Miss Dyer for; the first time. To her he was graceful. To him she was beautiful. .Cupid, therefore, plied bis art easily. "Sunday .morning a shy young Judge made one of his regular calls. He was met at the door by Miss Minnie and her new friend. Upon introducing her two suitors to each other, she disappeared. Whereupon Mr. Miller said, 'Judge I'll have a word with you, sir. Miss Minnie and Tare to be married in a Jew moments, and you are to have, the honor of -performing the ceremony. . "Marrying another fellow to one's own best girl was a legal procedure with ,which the timid Judge was unfamiliar. But as llfCOME TAX UWS ME BROADCASTED judge performed the ceremony, which was as awkwardly done as it was embarrassing to himself. "The three-day courtship of Joa quin Miller with his gifted Minnie Myrtle was followed by the cus tomary honeymoon. Later there was a long storm which it seemed as if a thousand fond hopes would be shipwrecked. But one day, in after years, the storm ceased. The sky was again serene. It seemed more beautiful than ever, for a reconcilation had finally been .af fected. They were happy in each other once more, and beneath the sky stood the poet waiving a last farewell to his bride of the sea, as she was sailing out across the bar." Roseburg News-Review. Crea We Have Reduced Ss. To a , VERY LOW An outfit of pleasing ym- lfcMf j t ..' . . ' . .; metry 24 inch oblong seal- Vi- if l AifothwUmpotr.rebeii.tr loped h.de with shjrred J y I I ' V".T b,on ,hd georgette top trimmed with - ' -4 f - if wiUi ple.Ud feoretU top pold embroidered bnding i A T4""? bdea, l2 nichins- on colJr and - 1 , S ??idL'? C'UlPd doubled 6 inch frame over -f' FT baadinr with two rows hemstitched curtain. Beau- V Li fiSL ..w-k A, i- T' j tifu, ed wood Bas. to J t . There is individuality In ' Complete ihOP? 7f? , . . . , Hevonport Limp of unusual , this attractive Bridge Lamp Complete AOA A A PrtrPrl atSZ5.75 There true art.strj .n B,,pral-,val umbrella ltsumbrellashapedsh.de VrillA f. 29.00 Priced at th.s .nation Torch lere ft- shaped shade with scalloped is 14 inches long smartlr Priced at V i oU W f("rt hBle ?f P1'",edi. V1 edge finished witth heavy trimmed with cold braid georgette, trimmed with rich gold braiding. Top is of nd two striking V hands of georgette ruehmg Wretched georgette with motif to match finished at collar and lower edge. strips of gold braid and a withadouble row of , Two distinctive flora! mo beautiful motif ou either fringa over peguoted val- tifs lend thtir artistic finish side ance wood Be Complete fOQ Cf Complete CO Crt Complete (Of? 7C . . S, S, Priced at aSuoOU Priced at V Priced at VD D stNx. Our Terms the Lowest Floor Lamps SILK and New Parchment SHADES This Great Lamp Special ONE WEEK ONLY See BUY NOW WISCONSIN LAND PAYS PROFIT 'MADISON. Wis.) March 15. Increment or increase in city land values as a whole has been low In recent years in comparison with what is generally regarded as a fair return on invetsments, accord ing to preliminary results of a sur vey of changes in city land values now being made by the Institute for Research in Land Economics and the Research Council of the National Transportation Insti tute. This general conclusion does not 1 hold true for all parcels of land in e Off WITH SIM. X aV. Without V Lamp Display In cities, according to Prof. Arthur J. Mertzke of the University of Wisconsin, conducting the survey, as marked exceptions have been discovered in almost every city In cluded in the survey. "As a result of the general ten dency, it does not follow that the purchasing of land for productive purposes is necessarily unprofita ble or should be discouraged," Professor Mertzke asserts. Twenty-five of the larger cities of the country and 35 in Wiscon sin will be included in the com pleted survey. The cities are clas sified for study purpose in groups headed declining, stationary, slowly growing normally growing, Chami NEW the Price on all of Our H Interest H rapidly growing and very rapidly growing. The purpose of the survey is to discover the relationship between population growth and land values. It is intended for use ot tax ex perts, realtors, railway corpora tions and similar organizations. Several Deals are Reported By Moisan & Uirich Agency Several good sales are reported for the week from the Moisan & Uirich real estate firm. A. J. Barham has sold his six room cottage on D street to I. N. Howe for $3500;. Mr. McKenzie has purchased the Nob Hill grocery LAMPS TAKE ADVANTAGE OF THIS SAVING - Our Windows on South Commercial from. H..D. Moses. The stock ot groceries was sold to C. E. Reeves for. $1600. The new five-room bungalow 'on. North Capital .telonging to John and Myrtle Williamson has been sold to Mrs. J. D. Navin for a con sideration of $4200. Eight lota in Progressive' addition were'trans ferred from Mr. Harris to John and Myrtle Williamson. " , CZECHS PUH "WOMAN ON BENCH By Ma PRAGUE, Feb. 24. Dr. Jarmfc Ha Vessela recently was granted j the privilege of sitting as a Judge after passing a rigid examination by a board of Jurists. She is the first woman thus honored by the new republic of Czechoslovakia. Lamps Bridge Davenport and Table LAMPS LATER soon as bo regained his poise the 5: