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About The Springfield news. (Springfield, Lane County, Or.) 1916-2006 | View Entire Issue (March 28, 1918)
THE SPRINGFIELD NEWS THURSDAY, MARCH 28, 1018 PAGE "THE 'RICH MAN'S WAR' A HATEFUL CALUMNY" American Business Hen Beady to Make Sacrifices With out Stint. TAXES HERE AND ABROAD ; American Taxation the Most Demo - cratle In the World. By OTTO H. KAHN. Kothlns Is plainer than that business Rnd business men had everything to gain by preserving the conditions which existed uuring wo rwo nnu n biui jwira prior to April, 1017, under which many of them made very large profits by fur Dishing supplies, provisions and tlmm clnl aid 'to the allied nations. Taxed were light, and this country wna tap- Idly becoming the great economic res ervoir of the world, ' Ubthlng is plainer than that any sane business man In this country must have foreseen that. If America entered tho war, these profits would be Immensely ... -- . reduced and some of them cut off en tirely, because our government would Btep In and ake charge; that It would cut prices right and left, as. In fact. It has done; that enormous burdens of taxation would have to he Imposed, the bulk of which would naturally be borne by the well-to-do; In short, that the un- precedented golden flow Into the coffers of business was bound to stop with our Joining the war, or, at any rate, to be much diminished. But it is said the big financiers of New York were afraid that the money loaned by them to the allied nations might be lost If these nations were de feated, and therefore they maneuvered to get America Into the war In order to save their Investments. Proof That the Charge Is Absurd. A moment's reflection will show the tatter absurdity of that charge. Let uj assume, for argument's sake, that 'he allies had ben defeated. Let us make the wildly Improbable assumption that they had defaulted for the time being upon these foreign debts, the greater part of which, by the way, Is secured by the deposits of collateral In the shape of American railroad bonds ami stocks and of bonds of neutral coun tries, aggregating more than sufficient In value to cover these debts. Let us assume that the entire amount of al lied bonds placed In AAerlca had been held by rich men In New York and the east instead of being distributed, as It Is, throughout the country. Is It not perfectly manifest that a tingle year's American war taxation and reduction of profits would take out of the pockets of such assumed holders a vastly greater sum than any possible loss they could have suffered by a de fault on their allied bonds, not to men Hon the heavy taxation which Is bound to'follow the war for years to come and the shrinkage of fortunes through the decline of all American securities In consequence of our entrance Into the war? Not only Is the "rich man's war" an absurd myth; the charge Is a hateful calumny. Business men, great or small, are no different from other Americans, and We reject the thought that any Ameri can, rich or poor, would be capable of the hideous and dastardly plot to bring upon his country the sorrows and sufferings of war in order to en rich himself. Business men are bound to be exceedingly heavy financial losers through America's entrance Into the war. Every element of self-interest should have caused them to use their utmost efforts to preserve America's neutrality, from which they drew so much profit during the two and a half years before April, 1017, Every con sideration of personal advantage com manded men of affairs to stand with and support the agitation of the "pence-at-auy-price" party. They spurned such Ignoble reasoning; they rejected that affiliation; they stood for war when It was no longer possible, with safety and honor, to maintain pence, because they are patriotic citizens ! first and business men afterwards. Our Income Tax and Taxes Abroad. (L) The largest incomes are taxed far more heavily here than anywhere else in tho world. Tim maximum rate of Income taxa tion here Is 07 per cent In England It is 42V& per cent Ours Js therefore 50 per rent higher than England's, and the rate in England Is the highest pre vailing anywhere In Europe. And In addition to the federal tax we must bear In mind our state and municipal taxes. (2.) Moderate and small Incocts, on 1 the other hand, are subject ' smaller rate of taxation heru u, England. Ib America Income of married mra ap to $2,000 are not subject to any fed eral Income tax at all. In England th Ineom tax la: I 4H per cent, on 1,000 ' i 1.500 Tft 1,000 , (These are the rates If the tncomo Is derived from salnrlps nr wnraa! tlicv arc still higher It the Income Is derived ' from rents or Investments.) The English scale of tnxatlon on In comes of, say, $3,000, $5,000, '$10,000 nn(1 $15,000 respectively nveraKOS ns rates for married men : tncomo tax rate on $3,000 '. 5,060 10.000 15,000 In Eneland. 14 per cent. It per cent. SO per cent. SS per cent. In America 1-1 of l p. c, 1HP.C. SHP.C S p. c (If Vo add the so called "occupa tlonal" tax our total tnxntlon on In comes of $10,000 Is G?i per cent, and on lacomca of ?15000 0?. per cent) In other words, our Income taxation Is more democratic than that of any other country in that the largest in comes- are taxed much mare heavily and the small and moderate Incomes mlirh mnr llnhtlv thnn anvuh.n IA and Incomes up to $2,000 for married men not taxed at all. , (&) It Is true, on tho other hand, that on very large Incomes as dlstin I gulshed. from the largest Incomes our ' Income tax Is somewhat lower than tho i English tax, but the difference by which ' AtlK tflY la Iawaw tlinn t Via nl to) f n tr our tax Is lower than the English tax Is Incomparably more pronounced In 1 the case of small and moderate incomes than of large Incomes. i Tho "Excess Profits" Tax Here and Abroad. i Moreover, If we add to our Income tax our so called "excess profit tax,"j which is merely an additional Income ta on enrnlng3 derlved ttom business.) we shall find that the total tax to which' rich men are subject Is In the great ma jority of cases heavier here than la England or anywhere else. ' (4.) It is likewise true that the Eng- Ilsh war excess profit tax is SO per cent. (less various offsets and allowances). whilst our so called excess profit tax ranges from 20 per cent to 00 per cent. But it Is entirely misleading to basa a conclusion as to the relative heavl- ness of the American and British tax merely on a comparison of the rates,1 because the English tax Is assessed on a wholly different basis from the Amer; lean tax. . ' The American excess profit law (so called) taxes all profits derived from, business over and above a certain moderate percentage, regardless of whether or not such profits are the result of war conditions. The Ameri can tax is a general tax on Income de rived from business in addition to the regular Income tax. The Eng lish tax applies only to excess war profits that Is, only to the sum by which profits In the war years exceed the profits In the three years preceding the war, which In England were years of great prosperity. In other words, the English tax is nominally higher than ours, but It applies only to war profits. The normal profits of business 1. c the profits' which business used to make In peace, time are exempted in England. There, only the excess over peace profits its taxed. Our tax, on ' the contrary, applies to all profits over and above a 'very 'moderate rate on the ' money Invested tn business. i , We Tax Normal Profits, They Tax Only 1 War Profits. , short our lawmakers In short our lawmakers have de creed that normal business profits are taxed here much more heavily than In England, while direct war profits are taxed less heavily. You will agree with me In question ing both the logic and tho Justice of that method. It would seem that It would be both fairer and wiser and' more In accord with public sentiment If the tax on business In general were, decreased and, on the other hand, an Increased tax were. Imposed on spe cific war profits. (5.) Our federal inheritance tax la far higher than It is In England or any where else. The maximum rate here on direct descendants is 27 per cent as against 20 per cent In England. In addition to that we have stnte In heritance taxes which do not exist In England. i (0.) Of her totnl actual war expen ditures (exclusive of loans to hot al lies and Interest on war loans) Eng. , land has raised less than 15 per cent by taxation (France nnd Germany far less), while America Is about to raise by taxation approximately 28 per cent of her total war requirements (exclu sive of loans to the allied nations nnd of the amount to be invested In mer cantile ships, which, being a produo five Investment cannot properly be classed among war expenditures) We men of business arc ready and willing to be taxed In this emergency to the very limit of onr ability and to make contributions to wnr relief work and other good causes without stint Tho fact is that, generally speaking, capital engaged In business is now being taxed In America more heavily, than anywhere else in the world. We nre not complaining about this; wo do not say that It may not become neces sary to linpoi rf' U further taxes; we nro not 'vhl i't r, und squealing nnd agitating, i, ; do want tho people to know wr t r I Ho present facts, nnd i, -tikit not to glvo hoed tat . -', " would make them .'icnplng our thure ' rdl-ll. J HIGH SCHOOL NOTES BY DOItniS S1KE3 Miss Jano I.lndsoy, English Instruct or has been 111 this week and unable to attend school. DorrlB Hubboll, a iractlco toachtr from tho Unlvo.'suy li (tiling her placo, V Esttior Ilrntlnlri cx '17, who Is lf. uttomllrig tti5 C. of O. taught Vm Minnie's. Ktiurtl- Crado class at, '.hid hull-ling Monday. . Vunnn McK'nney returned to ns'iool Monday lncrnitig niter four days av retro on uecqunt of brouchlnl lngr A contest Is. on between tho classes . for tho highest average- for this so mcstcr. Tho grades for tho pnst six j weeks aro to ba avoragod up anil when this 1s done tho class having tho highest avorago will bo given a certain per cent to start them In tho con- tost. Last semester tho Seniors mado tho highest class avorago In school, 86. Tho Juniors and Freshmen each averaged 81, and tho Sophomores SO. Tnea0 grades aro not at all satl'sfac- j torj' and It la hoped that through the contest tho grades will bo raked con siderably. In connection with tho Daylight Saving plan of tho government wo will commence school at 8 o'clock Mon day morning Instead of nt 9. The clock will still register 9 but In real- lty, wo will bo opening school at S. This will let school out at 2:15 in stead of 3:15. Pledges to tho nrmy Y. M. C. A. frnd nro duo again April 1, 1918. Captain Bill Hill announces that $45 of tho totnl amount is still lacking. Springflold High school pledge, with tho aid of Marcola, Thurston, Pleasant Hill, Goshen, and Tront la $275, Cal. A. Barnett, of this city, has been secured as coach for tho min strel show to be given soon by tho High School boys. Tho exact dato.ot the show has uot yet been decided up on. Ada Hall, from tho University of Oregon, Is substituting this weok In the place of Miss Dlnsdalo, whot Is spending tho week at Newport. Falls in Faint Monday morning Mrs. It. W. Ewor, who keeps the Home Restaurant here, was called to Eugene to the bedside of her father. W J. Mulkoy, who had been seriouly ill for some time. While there her two-year-old daugh ter fell to the floor In a dead faint For somo time it was feared that her condition was going to prove fatal, but with the aid of a physician the little one soon recovered consciousness. IN THE CIRCUIT COURT OF THE STATE OF OREGON, FOR THE CfUNTY OF LANE DELPHA FAY ENOS, Plaintiff. ( I' VS. SUMMONS LOWELL ENUa, 1 Defendant TO LOWELL ENOS, DEFENDANT. IN THE NAME OF' THE STATE OF OREGON: You are hereby re quired to apear and answer the com plaint filed against you In the above entitled court and causo within six weeks from the first date of publica tion of this summons, and if you so fail to answer, for want thereof tho plaintiff will apply to tho Court for tho relief prayed for in the complaint; viz: that she have a decree of di vorce and that sho havo her maiden name restored to her, This summons Is served by publi cation once each week for six woeks in the Springfield News, by virtue of an order made and entered heroin on tho 19th day ot March, 1918, by tho Hon. O. F. Skipworth, Judge of the above entitled Court. That tho dato of the first publication of this sum mons is the 21st day of March, 1918.. S. P. NESS, Attorney for plaintiff. Address is: Eugcno, Oregon. Mch.21,28;Apr.4,ll,18,25;May,2. NOTICE TO CREDITOR8 NOTICE IS HEREBY GIVEN, that the undersigned, Philip A. .lchnsnn has by order ot tho County Oour of tho State of Oregon for the County of f.nno been duly appointed executor of tho Last will and testament of Esther Matilda Johnson, deceased and that all persons having claims against said ostate are horoby notified to prcsont the same, properly verified, to me at the offlco of Frank A. De Puo, attorney for the estate, In Springfield, Oregon on or before six months from the date of tho first publication of this notice. l Dated March 21st, 1918. PHILIP A. JOHNSON. Executor of the Last will and Tes tament und estate of Esther Matilda Johnson, decoased, Frank A. Do Pue Attorney for Estate. Moh.21,28;Apr.4,ll,18. Tho Dunning System of Im proved Music Study Is taught by IRMA WILSON SIIONTZ ' Studio, Fourth and D Springfield, Oregon SHERIFF'S SALE ON FORECLOS URE. NOTICE IB HEREBY GIVEN, that by virtue ot an execution an order ot sale Issued out of tho Circuit Court ot tho State of Oregon for tho County ot Lane, on tho 19th day ot March 1918 on a Judgment rendered in said Court on tho 19th day ot March. 1918 in a suit whorcln Mrs, Anna linker wna plaintiff and Anna Mullen and John C Mullon her husband, J. A. Cox and Etta Cox. partners doing bus iness under tho firm nnmo ot Cox & Cox woro dofendnnta nnd wherein tho plaintiff recovered Judgmout against tho defendants, Anna Mullen and John C. Mullon aforesaid for tho sum of U32.02 nnd Intorcst thereon slnco February ICth 191S nt tho rato of 10 por annum nnd $75,00 attorneys feos nnd $14.90 taxes and Interest thereon slnco Fobrunry 14. 1918 at 6 per an num and $19.50 as coats, oxponsoa and disbursements which Judgment was enrolled nnd dockotod in tho of fice of the Clork ot said Court on tho 19th day ot March, 1918, and said ex ecution to mo directed commanding mo in tho nnmo ot tho State ot Oregon In ordor to satisfy said Judgment, at torneys fees und accruing costs to roll all tho following described real nrorerty to wit: An undivided ono half Interest In lot eight of block sixty 1 four In Maudc'o suh-dlvlslun in the i Town of Springfield. Lnno County, Or j egon, together with tho (encniontB, hereditaments nnd nppurtunancos , thereunto bclongtng or In any wlso 1 appertaining, and that tho procoeds of tho Bale bo nppltcd ns follows: First: Tho oxponscs of said salo and tho plaintiff's costs and disbursements of tho suit Including tho attorneys tecs: Second: To tho payment ot tho Judgment of tho plaintiff. Third: Tho balanco If any thorobo to bo disposed ot ns tho Court may direct: NOW THEREFORE ti THE NAME OF THE STATE OF OREGON:- and In compliance with tho oxocutlon and order of salo I will on Saturday tho 27th day of April, 191S, botwoon tho hours of 9 o'clock A. M. and 4 o'clock P. M. to wit at the hour of ono o'clock P. M. ot said day at tho sonth west door of tho County Court houso In EUgone, Lane County, Oregon, offer for salo in ono parcel, for cash, sub ject to redemption, all the defendants, Anna Mullen, John U. Minion, J. A. Cox nndEtta Cox, right, title. Intorcst, claim and equity In and to tho prem ises hereinbefore described aud every part thereof. , D. A. 1J1jK1.No, Sheriff of Lane County. Oregon. Mch.21,2S;Apr.4,ll,18. I EXECUTOR'8 SALE. Notlco Is heroby given that by vlr- tuo ot an order ot tho County Court of Lnno County, Oregon, duly mado and entered the 19th day of March, 1918, authorising the undersigned, as executor ot the cstato ot Nancy Bahr, deceased, to 'sell tho real estate be longing to said cstato, at prlvato sale, for cash it possible, and for credit upon proper security if it appoars Uiat said sale cannot bo mado for cash; Now. therefore I will on and niter tho 27th day of April, 1918, ot tho of fice of Young & Ray, attorneys for saiu esiaio. in mo uoun uouso, Eu gene, Oregon, offer for nalo and sell to the hlghoot bidder for cash, or for credit with proper security. If it ap pears that said sale cannot be mado for cash, tho following described real property: Lot twenty-six (ZG) in uiock tniriy- three (33) in Fairmount, In tho City of Eugene, Lane County, Oregon. Lot twenty-seven (27) in uiock thirty-three (33) In Fairmount, in tho City of Eugono, Lano County, Oregon. Dated this 19th day of March, 1918. II. H. Rittor, Executor ot the eetato of Nancy Bahr, deceased. Young & Ray, Attorneys for estate. Mch 21,28;Apr.4,ll,18. i LEARN MUSI AT HOME! Lessons Free New Method Learn to PlaV By Note T?lano, Organ, Violin, Banjo, Mandolin, Cornet Harp, 'Collo, altar, Piccolo, Clarinet, Trombone, Flute or to sing. special l.imitoa Offer of free weekly lessons. You pay only for music and postage, wnicb Ts small. Money back guarantee. No oxtras. Beginners or advqpcod pupils. Everything illustrated, plain, simple, systematic. jnreo lectures each course. 16 years' success. Start at once. Wrlto for Free booklet to day Now. U. 8v 8chool of Music, 225 Fifth Avenue. New-York City. Dr. N. W. Emery DENTIST SUTTON BLDQT- PHONE 20-J RESIDENCE PHONE 129-W Ask Yourself This Question "AM I REALLY DOING ALL l' SHOULD TO HELP Uncle Sam would not aBk you for your 25 cent pieces if He wants your savings to help feed, clothe and equip our iea. He must nave tne money inuw. WHEN YOU ARE N OUR OFFICE invest something In WAR STAMPS. TJioy will earn a good return for you tho next five years. All your money back and moro .than 21 per cent profit January 1, 1923. If you haven't learned how to save start now In this best of causes, Oregon Power Company SIXTH AND MAIN STREETS SPRINGFIELD, OREGON Authorized Agent of the U. 8. Treasury Department SMART EASTER AT MODERATE That tho distinction of our stylos Is not ulono charac teristic of out bettor niodols is evidenced by tho splendid shoeing of moderately priced apparel for EiiBter. SUITS Suits of polrot twjlls, serges, coverts, gabardines, trlco tincs nnd jarsoy, tailored so well that thoy will hold their Bhapo and stay good looking until discarded. . Eton aud ripplo back mod els with fancy collars, Nor folk and plain tailored mod els aud sport niodols in tho most favored shades. Suits priced $18.50 to $65.00. COATS Comprise many now distinctive wraps that an! no Icsb practical becauso of their unusual stylo; fashioned of bo llvla, velour, trlcotlno, poplin, serge, etc. Prlco $10.00 to $55.00 Easter Millinery Visit our store and let us prove our ability to servo you. MRS. M.. B.. GILMORE. Large's 8G5 Willamette St. Phono G2G EUGENE THEATRE, EUGENE FRIDAY, MARCH 29 THE BARNUM AND BAILEY OF ALL FUN SHOWS FRESH 'FROM ITS RECORD-BREAKING RUN AT THE CRITERION THEATRE NEW YORK JOHNNY GET YOUR Lorraino Fro3t Echlln Gayor Theo. Babcock Vera Flnlay Edith .Lylo Aubroy Beatti UN NOT A WAR PLAY "Ono of the most laughable, clevor and wholesome farces San Francisco has seen In many a day." San FranciscrV Call-Post, Special War-Time Prices $1.50, $1.00, 50c. Mail Orders Now PRICES Special showing of tho Now Hats for Easter Wear Black Hats In delightful variety and all the attrac tive models In Springtime shade. Our Line is Complote. Eugono, Oregon it0 r"4 John Cort's Laughing Riot WITH. LOUIS BENNISON and tho Original Long Run Ca3t of Funmakcrs that Rooked Broadway With Laughtor All Ust Year Including Loulso Macintosh Jane Carlton Robort Homans Roy Cochrano Clydo North Frank Holllns WIN THE WAR?" ho didn't need them. boys In tho .field and on the i