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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Jan. 15, 1942)
MEDFORD MAIL TRIBUNE. MEDFORD. OREGON, THURSDAY, JANUARY 15, 1912. PAGE FTVB 150 BILLION WAR COST IS FIGURED Nation's Heaviest Taxes Due As Treasury Prepares To Spend Huge Sum in 1942 By Dayton Moor (UP Staff Correspondent) Washington (UP) The treas ury is gearing its fiscal machin ery to raise $4,600,000,000 a month to outfit the armed forces of the United States and her war allies for victory over the axis powers. Military, naval and production experts tentatively set the cost of the victory program at $130,000, 000,000. It may be more how sv- to ,o In NR (Nature"! Remedy) Tab. lets, there are no chemicals, m minerals, no phenol derivatives. NR Tablets are different ocl dif ferent. Purely nletable a combi nation of 10 vegetable ingredients formulated over 50 years ago. Uncoated or candy coated, their action is dependable, thorough, yet gentle, as millions of NR's have proved. Get a KM Convincer Box. Larger economy sizes, too. much more no one will even guess. More than $70,000,000,000 al ready has been authorized fori armaments. Defense costs ex ceeded $11,000,000,000 in 1941. The war effort is expected to cost most than $56,000,000,000 in 1942; upwards of $60,000,000,- 000 $5,000, 000,000-a-month rate may be reached in 1942, if in dustry can swing into an all-out war production that rapidly. Big Finance Task It is the treasury's gigantic tcsk to finance these unprece dented expenditures. Taxes will be the heaviest in this nation's history. Govern ment borrowings will be stepped up to a rate far outstripping the Liberty loans of World war No. 1. . War taxes will Jolt everyone's budget. Excise taxes are expect ed to be increased and extended to more articles. Many persons must pay fncome taxes for the first time. Individuals in the low and middle-income brackets must pay three, six, nine, or twelve times as much taxes In 1942 as in 1941. Revenues Short Defense expenditures. Includ ing lend-lease costs, already had forced the treasury to a virtual war footing before the war dec larations of Japan, Germany and Italy against the United States. Defense costs were accounting for two-thirds of government dis bursements. Revenues fell more than $9, 000,000,000 short of meeting gov ernment expenditures in 1941. The public debt climbed from $45,000,000,000 to more than $55,000,000,000. Costs of defense and regular governmental func tions topped $17,000,000,000, while revenues approximated only $8,000,000,000. Japanese Claim Successes On Numerous Fronts TLw... CANDY C0TID r REGULAR! -10- CIANO TO HUNGARY Budapest, Jan. 15 (P) (Offi cial Italian Radio recorded by AP) Italian Foreign Minister Count Galeazzo Ciano arrived here this morning for an official visit at the invitation of the Hungarian premier, Laszlo de Bardossy. CHUNGKING rZgZSHAHQHAtr 7 --W- a eCHANGSHAT INDIA vV-unming J Jf ' PACIFIC X f , I r 2YINDANAO V - JZSdlSf CAHOtlNtlS EQUATOR I NO AN OCEA SOO MILES VS PAS T 1 sw DARWIN ilii . AUSTRALIA SJ AND STEEL BALKEDBY OPA Huge Price Increases Given Check Quickly By Ceil ingStability Sought. Use Mall Trlbuna want adi. CARPENTERS SEE THE NtfW SKILSAW Light. Powerful Dependable TERMS HANSEN HARDWARE Japanese forces claimed successes through?"' 'he far Last, with a major reversal, however, at Changsha, China. Arrows point to capture of H ingkong, Manila and Guam. In Philippines, Jap anese claimed capture of Olongapo. naval stci.on. Nippon's troops stormed closer to Singapore in the Malay peninsula and their bo-nbers pounded positions close to that fortress. The Japanese landed forces at Celebes, of the Dutch East Indies, against strong resistance. Previously Japs had made landings on Borneo Island. By George 3. Wells (Staff Correspondent) Washington - (U.R) - Profiteer ing by steel and iron Jobbers and dealers, sometimes raising prices as much as 270 per cent, has prompted the office of price ad ministration to bring virtually every stage of distribution under direct restriction. Maximum prices for these es sential metals in America's war effort are now set for mills, warehouses, jobbers, distribu tors, dealers, exporters, agents and brokers. I a iiv Mini inn (jiiirra lui uiaiti U .............I.. . . v. . - n . uuuvu apwi cully iauu& jm unawares, since it was expected the jobbers and dealers would keep their prices in proper rela tion to the restricted prices of primary producers. OPA noted that leading jobbers cooperated "admirably," but admitted "cer tain others" indulged in profi teering and forced manufacturers to pay prices from 50 to 200 per cent above normal. Handicapped Small Business Jobbers and dealers in iron and steel play an extremely im portant part in war production, since it is their task to keep ex tensive stocks in their ware houses and be prepared to make quick deliveries when and where there is immediate need. Through these distributors, manufactur ers and other users of steel are able to obtain a great variety of products in comparatively small quantities. Important Is the fact that many small businesses filling contracts directly or indirectly connected with the Victory pro gram are entirely dependent on the distributing industry for steel. The effect of exhorbltant prices on these small business men is obvious. Stability Needed Even users of "seconds," "was ters" and "rejects" steel con taining imperfections have had to buy at prices well above those which should be charged for first grade steel. In commenting on the situ tion, Price Administrator Leon Henderson asserted the effect of this profiteering, "has been to offset in large part the coopera tive efforts of the steel industry and OPA to keep steel prices stable, an objective that must be attained if our war effort is to be successful and if we are to avoid runaway inflation.' BOND CAMPAIGN STARTS Portland, Jan. 15. OP) Port land's part in the Oregon house-to-house canvass for defense) bonds sales will start tonight with 33 district meetings of canvassers. HARDIE SPRAYING MACHINES Also PARTS for all HARDY SPRAYER! Efficient 8ervlce Department BOWSER Equipment Co. Ill No. Fir Street Mediord. Oregon SNEEZE GAS AND I ; Tokyo, Jan. IS (P) (Official Broadcast recorded by AP) Im- perial headquarters today issued t the following review of opera i tions in the Philippines since the fall of Manila: j "War prizes taken as a result of the battle of Manila up to Jan. 12 include 130,000 rifles, four artillery pieces, 50 machine ' guns, 674,900 rounds of ammu nition, 500 motor cars, 70 rail- j way carriages, 91 vessels, a large quantity of gasoline, and I large amounts of food, clothing j and other supplies. j "Japanese forces which at-1 tacked American troops south of Hermosa beginning Jan. 8 now are pressing the enemy south- ward, capturing large quantities ' of hand grenades and sneezing I gas enroute. I L I Cm alatl Tribune want ada. ' J I After a BarJ Jay, enjoy 1 SSunnyBrook ffiTlV KENTUCKY STRAIGHT BOURBON WHISKEY mmMJ National Diitillera Products Corp.. N. Y. M Praaf laltsMlaWMar Closing time for Classified Ads 9 a. m. Too Lata to Classify 13:80 p. m. THE MAIL TRIBUNE CARRIER BOY ha volunteered to do his bit for the Defense Program by bringing 10c DEFENSE SAVINGS STAMPS right to your home. lQc DEFENSE SAVINGS STRIPS This makes it very easy for you to SAVE ENOUGH MONEY TO BUY A DEFENSE SAVINGS BOND BUY DEFENSE STAnOPS NOW! To those who ask, "What can I do to help In the present emergency?" the Government answer "Make the continued purchase of Defense Savings Stamps a regular part of your budget. Start now to invest In the future safety of your country." In offering these stamps, our Carriers are cooperating with the Government without profit or re muneration. For your convenience, you may buy one or more stamp each week . . . they are 10c each. You will be given an Official Album that will hold 187 ten cent defense stamps that can be exchanged, with five cent In coin, for a $25.00 U. S. Defense Bond. WW EACH WEEK you can buy from Carrier (an official U. S. Defense Agent for the sale of tamps) one or more 10c DEFENSE SAV INGS STAMPS. You pay him when be de liver the stamp to you. F'll M THIS COUPON AND GIVE IT TO THE MA!L TRIBUNE CARRIER ORDER BLANK FOR DEFENSE SAViH&S STAMPS The Mail Tribune Carrier Boyi I wont to da ay bk) (or defame by beylnf Defense Stomp el 10c denomination every week. Brln them oa your reiulor collection day. I wovlJ Wre fo neve. . 70c Deenst SsWniJ Slompt eacn wtelr until fvrtntr notltt. Norn. - i AddVfM. Clty- State , Route No. . Branch I .. THE MAIL TRIBUNE lla Hollywood, Jan. 15. (IP) Most Americans are lucky, at that. Irving Berlin is paying his inepme tax twice this year in cash, and in song. At the request of the treasury department, 'the composer has Just turned out an Inspiring (hopes Henry Morgenthau) num ber entitled, "I Paid My Income Tax Today." Berlin also composed 'The President's Birthday Ball" for the nationwide infantile paral ysis benefit dances Jan. 30. The Grange Gold Hill Wm. Howes, E. C. Fiene, John Gray, Ralph Wigle, Roy Cam eron and Soren Christensen and Garland Gance are doing some much needed repairs on the Grange hall. On Sunday some of the ladies prepared a pot-luck dinner for them and Master Johnson who had ben helping some. Tuesday, Jan. 13, fifteen mem bers of the H. E. C met at the hall for the first meeting of 1942 with the new chairman, Flor ence Gance, in the chair. Plans were made and com mittees were appointed to take charge of the Pamona dlnnei on Jan. 24 at hall. New committees were ap pointed for the year and a year book is to be made and a sample sent to State Grange in June Bessie Davis and Florence Howes were remembered by their Flora Friends and Hattir Chaffee received a nice present. Mrs. Cleo Gilchrist explained the size of bandages and com presses the defense board would like made for use In emer gencles. Three of the men Joined the ladies at lunch of Jello, whipped cream, doughnuts, cup cakes and served by Josephine Loeff ler, Bessie Davis and Janie Marsden. Next serving committee for H. E. C. will be Florence Lance, Fanny Long and Irene Johnson. PROVIDES TRIMMINO Hallstead Pa. (Py When Jus tice of the Peace William Clay ton Carl marries couple, he provides the trimmings in the form of Ice cream, cake and flowers. The newly weds love It Carl originated the custom 23 years ago when he first took office. Since then he has per formed 1.000 ceremonies. Mrs. Carl gathers the flowers from the gardens surrounding their home. FALSE TEETH That Lootoa HNd Not Emb-irrtM Mny wrtrt of falM teeth hive ufferd ml ernbrruiTvnt bcue thir pint droppand, tlipppd or w.b bltxl t Jiitt tht wronaT Urn. Do not llv In fear of this htppnlnir to -ou. J iit prinkl a Itttl PA8TKETH. th ikalin fnon-tvrid) powder, on your plat. Holdi rlM tth mor (Irmly. m thry feM mora enafortabt, Dori not our. Checks pl' odor" den Mr brratb). Qi TABTtKTH At any Buy Now On Easy Terms During this emergency It may save you money to look ahead as far as 1(431 Even if you're short of ready Cash our Budget Plan makes it possible for you to show your foresightedness today and buy vital needs light now ... by making a small down payment and paying the bal ance on EASY TERMSI You're RIDING HIGH even if you're running low You're riding High Quality when you're riding a B. F. GOODRICH Streamliner BICYCLE And there' no need to ful low Just because your cash b running that way or your automobile lire are worn out! A (mall down payment will get you a new I. f. Good rich Bicycle ON EASY TERMS COMPLETE CHECK-UP of your e-j rn automobile y I iJv WE WILL 1 Check all Ignition and light wiring 2 Check distributor 3 Check Carburetion 4 Check vacuum 3 Check fuel pump pressure 6 Check compression lot 7 Check battery You will receive a recorded report of each test which will show you the condi tion and the repairs necessary for eco nomical operation. We are Tire Information Headquarters WITH new tire sales rationed, we eaa beet servo you as Tire Information Headquarters for this community. The B. F. Goodrich representative In Washington keep in touch with us dally la re gard to tire regulations, and we can answer the following questions, which may be la your mindi 1. How can I find out If I can get new tires? 2. Can my present tire be safely repaired or retreaded? 3. Whet are the newest Government regulations? 4. How can I get extra mile out of my present tires? Whatever you want to know, come to our Tiro Information Headquarters. We'll be glad to answer your questions, without obligation, if wo possibly eaa. See us first. - We eaa save you time and trouble. "In War or Peace, B. F. GOODRICH. First la Rubber" Lewis Super Service Station 8th and Front C O. Wheelock, Manager Phone 211 oruf awra
