Timely Topics By R. T. Moor« Home Extension , For 1944-45 One roads in the press or hears over the radio repeated charges that ex­ tial business prosperity sure to come j closing one of the most successful 'years of Home Extenston activities orbitant profits are being by n‘he Poai-war West Coast arsa. J?. *”**”“* for * ¡»nd making plans fqr the 1944-45 corporations and individuals ««g.^ as our our coal 00,1 and ,nd 1 program of work yas **>• J°b «Uotod in war goods manufacture. It is time develop such resources “ i. ~ We ‘ have an abundance to the forty-nine delegates roproeent- that these fallacious chargee were wood-waste. of cheep power. _ home extension units " ' Our population has _ jng ___ nineteen spiked for good. One case in point is that of a promi­ incrrarod sutetontially and the stage fchen they met for ’their Annual incrta“d industrial County-wide Program Planning Dey nent steel executive who has had his BU< curtain <*<*• not heW at the Junior High School in Co- salary increased from a 1930 level of $275,000 to a 1942 level of 1550,000. riee because confiscatory taxation ha. quille laBt If one refers to the income tax blanks destroyed the sources of venture capi­ The meeting was called to order by it will be found that this executive tal in the name of social progress. the chairman of the County Home The fate of the projected Spring- Economics Advisory committee, Mrs. was able to keep only about »73,000 Of his 1039 salary and about »90,000 fiekl alcohol-from-wood plant and Harland Montgomery of Millington.1 of his 1M2 salary. So instead of hav­ Cooe County’s chrome industry indi­ Following a short business meeting, ing his salary doubled it was actually cates what we can expect from Fed­ Mrs. Azalea Sager, State Home Dem­ increased about 34 per cent which eral agencies in the way of launching onstration Leader, spoke to the group is less than the rise In cost of living new enterprises. There to little hope on factors they would need |o con­ in that direction A way must be------------- ,------------ - their ------ projects for sider when choosing for the same period and about half the increase received by the average oun to persuade private capital to next year’s program, emphasizing the J°b\.Wi‘h the help need for production and preservation war-worker. In fact, it can be suc­ ^2 an alert aggressive banking system. ”” of every possible Mt of food, pro­ cessfully demonstrated that increas­ To prepare the way, drastic reduc­ viding good family life now and after ing costs of everything have made this apparent raise in salary an actual tions in the tax burdens of corpora­ the war to enable family members to tions and monied individuals must be make the necessary adjustments that cut because of the reduction in the made so that venture money pools can are bound to follow at the close of purchasing power of the dollar. So be created. We will need a high pro­ the war. She also emphasized the im­ this demagogical bally-hoo about war duction level to provide properly for portance of homemakers setting a profiteering fizzles out under the cold the returning service-men High pro­ goal for themselves after their fam­ logic of ordinary arithmetic. duction means lots of jobs at good Hies ilies have been raised. In the case of corporations, two pay. The government can hand out By popular vite the delegates set­ elective methods of computing income doles but it cannot provide jobs for tled (he projects to be developed as tax are permitted. One uses the I all because it merely spends what _____________ _ ____ demonstrations _ for __ unit _ ___ work next average net Income of the base period oilier o,he” *nake. Returning service-men year These meetings are to be held 1938 to 1939 as a norm. The other 1 BOt dole* ** mu*t m*ke monthly, October through May. That uses the invested capital system t which _____ 1 w , it possible for private business to pro- 'the women intend to do lota of arbitrarily sets the norm at 8 per vide them. And private business can home rowing to indicated to their re­ cent pet return. Both methods are do it easily if ham-stringing rogula- quert for four meetings in Clothing; highly technical with endless rami­ tions and taxes are removed. I-Dry cleaning in the Home,” “Use fications defying the most skillfiir ac­ Another step to the providing of of sewing Machine Attachments," countants Each corporatioftttoes the method most advantageous to its ewn operating capital by the banks. To -Conserve with the Scrap Bag," and prepare for this, the proront lethargy -OJve Home Sewing the Professional operations of commercial bank, must be over- ! Touch - Two w ghare portion of the tax is computed at 93 banks reveal a pitifully small propor- ' of - attention. •• — — • be one There will per cent of the amount by which the tion of their deposits loaned out to meeting on “Home Recreation" and actual gross profit exceeds ths normal creative enterprise, this in spite of the one on “Furniture Arrangement.” The profit determined by one of the above fact that we now have the most schedule for the meetings will be ar­ methods. But in no event can the active productive era in our history. ranged as soon as other counties have sum of the normal tax plus the excess One of the most potent weapons for their Program Planning Day. profits tax exceed 90 per cent of the overcoming a lethargic commercial Arrangements were made for sev­ total gross profit. The net result of situation to the spur of competition. eral special meetings to be held this, in the case of moat war indus­ As. this column has stated before, we throughout the year. Food Preserva­ tries. to an M per cent tax on the have great need for the establishment tion meetings will be held tn June corporate net income. That is, if of a generous number of Stats banks for any group or organization who the corporation makes »1,000 profit, throughout Oregon to serve small requests them. "Care and Repair of it must' pay »300 to the government bustneaa wftiT'eredit lines they are Electrical Equipment,” "Bread bak­ and keep the remaining »300. 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