PAGE FOUR
HERALD AND NEWS. KLAMATH FALLS, OREGON
Auffunt 21, 1043
' ' M$mb$r of
1 TI AWOCTATID Pltll
' Tht Avsoelatvtf Prn U 'cxcln
tvdy entltltd to the uh of r-
. i oubl (cation of all r dlnitcnet
err!ttrt to I of not otnenrlio
ordlttd In thli putxr. and lw
the local iiwa Quhllshtd therein.
All right of republication of
" tpedal dUpitehu art alto f
' ; FRANK JENKINS
: '. Editor .
This Withholding Tax
(Editor's Ket.1 tffMM ol tlio ln(ne InUrt, rollplml Uji
torn rol.iinlltr,llTi ud condition, ronrmn i tlv "J
Ini tu, ' prMMit hwwltri n rtlcl on lht MiW' .r
Mitchell Tlllotwn. Iocl bnkr unit former iwwipni-er nun. Mr.
TI1Io!m U mnnasff ol th. Klimtth branch ol tin Fir.t Nitkwl
bund.) ,
By MITCHELL TILLOTSON
THERE "has been considerable confusion in
the minds of both employers and em
ployees regarding the federal withholding tax.
This confusion will probably continue for some
time, or until taxpayers and employers have
had ample time to . digest the provisions of the
law and the rulings of the department.
' The first thing which must be kept in mind
at all times is that the withholding provisions
of the law are merely a method of collection
and that, the money so withheld does not
necessarily liquidate the taxpayer's liability to
the government. : '
! Persons receiving salaries and wages will
have 20 of that amount of income which is
over their exemptions not their total deduc
tions withheld by their employer and immed
iately paid to a bank which in turn must im
mediately' transmit the money to the United
States Treasury. Remember THIS DOES NOT
LIQUIDATE YOUR TAX LIABILITY.
' While these funds will be credited against
your tax liability, they may overpay it or they
may underpay it. You must therefore in most
cases make a return quarterly of your estimated
Income and pay any amount estimated to be
due, proportionately, for the quarter covered
by the return.
In case any taxpayer has questions which
are not entirely clear it is best, of course, to
consult someone who is familiar with the pro
visions of the law and is capable of advising
him regarding the entire matter.
However, there is only a short time before
the first estimated return must be filed and a
few fundamentals should be kept in mind.
;In the first place, the fact that your em
ployer has deducted a certain amount from
your pay and has paid that amount to the
government does not relieve you of the re
sponsibility of filing an estimated return on
September 15th. These returns must be filed
by all unmarried persons having salary or
wages for the year 1942 or the year 1943
whichever is greater of $2700.00 or more and
by married persons receiving salary or wages
for either of these years whichever is greater
in excess of $3500, Also, regardless of the
amount of salary or wages received, and re
gardless of the deductions made by .the em
ployer, you MUST file the estimated return if
you had income OTHER THAN SALARY OB
WAGES in excess of $100.
Includes Businessmen ;
IT WILL readily be seen that this .category
includes all persons operating businesses of
their own regardless of the amount of their net
income, including farmers. Heavy penalties
are provided for failing to file these estimated
returns, but, fortunately, the return which must
be, filed on September IS can be corrected by
the estimated return which must be filed on
December 15.
Heavy penalties are also provided In case
the estimate of income is incorrect by more
than 20. It will be seen that by these pro
visions congress has arranged for all taxpayers
to: pay on a current basis, whether they are
drawing salaries or wages or are operating
businesses of their own.
In filing these estimated returns it is well
to keep one other fact clearly in mind if your
estimated income for the year 1943 is less than
your net income for 1942 as shown by your
lasjt return, then the 1942 income is controlling
as a basis for the tax.
Another popular misconception of the pres
ent law Is that the victory tax has been re
pealed. This is not the case. The victory tax
1 and other rates applicable this year are the
same as last, for the ordinary taxpayer, but
the government has figured that by collecting
3 per cent to apply on victory tax and. 17 per
cent to apply on income tax after exemptions
the average taxpayer would have just about
met this tax liability to the government by
the end of the year.
'
In Case of Overpayment
OF COURSE this could not be true in all
cases. You may even have overpaid your
taxj This will develop when you make your
estimated returns or when you make your final '
return next March 15th for the year 1943. If
you have overpaid your tax bv havine 20
deducted from your salary it will be returned
to you in case such overpayment does not ex-
ceed $1000. If your deductions
your tax liability then of course you will have
to pay the balance at date of final return un
less it has been accurately remitted at date of
the estimated . returns on September 15 or
December 15. ,
A great deal of objection Is being voiced by
employees against these deductions. It is even
alleged that some employees are quitting their
jobs on this account. It is well to remember
that, by and large, it makes no difference where
you work; if we . draw salaries or wages we
are going to have to bear our proportion of the
tax burden. And .it does no good to cuss the
employer. . His burden has merely been In
creased by making him a tax pnllBrtr.r tnr
Uncle Sard. He does not get a cent of the
money, nor does he get to keep a cent of it
Ion Pnn,,h- t u.
it To Cui "y.-gooa. in tact, activity in the community's newspaper,
ha K"! ' th5, dae 0f payment We are Pro"d Klamath's bond buying per
if D.l . ad.vand about five days in order formance, In comparison with the rest of the
dtetion compute and pay the de- state, and it might be permissable to quote from
TlW i 8 letter from Randolph T. Kuhn, advertising
Jrt!L 8S, y? been time for enouS" specialist of. the war savings staff in Port
experience accurately to determine how much land. He wrote:
throtitrJZ"!8 Pfid fr!ri hi8 county " notice that a8aln the .Klamath Falls
through th withholdlnj tax, but preliminary Herald and News led all newspapers In the
A temporary comblnatton of tho Kwolm Bcrald r4 .
tht Klamath New. Publlihed aw? aftaroooa txupl
Sunday at Raplanada and Pln tftt. Klamath Fill,
Onion, by tht HrM liit uhlne IV and Ui Klamath
Kewi PublUblnj Oompany
KnterM at RMond data matter at tha pottofflca of
Klamath Fall. Ore., oa Aucuit to, 1900 under act of
conirew, March a. 11:0.
au, everyone Is doing a job
these days, not because he
likes it, but to get it over
with and to reach a sane and
peaceful time again.
Manufacturers, ' all along,
have maintained research and
postwar planning departments.
We hear stories now that these
departments, from necessity
small, are receiving more attention.
Advertising
lime is "right."
Actually, the
duck hunter
eat.
so out or. practice.)
have not met caI1 many'
AC EPLEY
ITI
war bond
1 " . " " ..
Mtmbtr of Audit
Buiiad Or Cncvumox
Repreieotfd KaUooally by
Wuy-Hoixxdat Co. Ikc
8n Francltfo, Jfew Tork, 8a
ttla, Chicago, Portland, Lu
An fit lea.
MALCOLM EPLEY
Managing Editor
figures Indicate that the annual amount will
approximate two and a half million dollars.
Banks Collect Money
ALL of this money must be computed by
employers and paid to the banks which
are the duly appointed collection agencies. The
banks must remit these funds immediately in
most cases at the close of the same business
day to the government.
Preliminary estimates also Indicate that this
method of collection will produce much more
in taxes to the government than was originally
. estimated, without increasing rates. If this is
finally determined to be true it is safe to
assume that the withholding tax will be with
us for many years to come and that employers
and banks will be in the tax collecting business
until federal expenditures have been drastically
reduced. In other words it begins to appear
that the only way to get rid of the withholding
tax is to cut government expenses and to cut
them radically. This can never be done until
the federal debt has been reduced to a nominal
amount.
Advertising Roundup
By DELBERT ADDISON
WITH our side steadily edging into the win
column, part of our attention, rightly
enough, is directed to postwar prospects. After
17
m
We read of marvelous new ADDISOW
discoveries frem the war that will be applied
to peace-time production. We talk with so-and-so,
whose uncle works at such-and-such and
somebody told him of the miracle gadgets
that will be made there when it's over.
As a result, all of us have taken to dream
ing of these miracle gadgets that will be at
our finger tips when it's over. This dreaming
has -grown to such proportions to scare the
socks off the hard-boiled, individuals who will
be responsible for the building of them when
the iay does, arrive. j
- From Alfred P. Sloan on down, these men
have risen up to give us a word of warning.
"Keep your shirts on," they have said in
effect, "it will be a long old pull until it IS
over. It will be a long old pull until we get
Into any, kind of peace-time production. And
after that it will be a long old pull to complete
research, test, produce and market the new
miracle gadgets." '
. . . .
Wait for the Whites of Their Ads
THE day dreaming Js all right, if it is kept
on the basis of dreaming, and if it doesn't
interfere with keeping our present equipment
working. '
Don't start figuring on any of the new things
until you start reading ads about them in your
own paper and then read the ads carefully.
You already have read ads about the first
new product to come out of the war synthetic
tires. And if you read the ads carefully, you
won't expect them in any quantity until 1944,
and under certain conditions you won't expect
themto stand up -to quality of the best pre
war tires.
Still, with the first ads about the first of the
war production miracles, there's hope. Wait 'til
you see the whites of their ads, forget the
rumors, and you won't be disappointed.
Saves Identity
AND that brings up the fellow who is mark
ing time on his advertising (and kindred
progressive activities) until it's over, and the
time never is just "right." The
who waits for the perfect day and
we perfect bird, coming in at the perfect angle,
doesn't get much shooting nor many ducks to
(And if he ever does hit this just "right"
setup, he'll probably miss anyway, from being
We've heard the tale repeated, time and again
lately, about the well known names that never
came back after cutting off advertising during
the first World War. They really are foreolten.
for off-hand even an advertising man can't re-
Let's see there were the Gold Dust Twins.
latimas, Sapolio ...
' Anyway, it doesn't matter. The point Is,
most retail advertisers feel far divorced from
the big name manufacturers. But the same
principles apply, in part at least, to every little
Main street store.
If advertising does nothing else, in times like
these, it identifies the advertiser as being pro
gressive, and more important, as having the
public's interests in mind.
Performances on War Bonds .
quoted Forrest Cooper of the
savings outfit as saying that
bond performance of a community could be
vCring ana eauonai
The War
Today
By DtWITT MacKENZIE
By DeWITT MacKENZIE
Just before I sat down to
write this column a New York
banker stopped me in Rocke
feller Plaza and asked the ques
tion wnicn seems to be fairly
seething in every mind, and
certainly was occupying my
tnougnts as I walked along the
street.
"Do you believe the western
allies will be able to set ahead
with the big job the invasion
or France this year?" he said,
I took that jump cautiously.
for it's one of those spots where
you, can haye a nasty spill.
Invasion Possibl
"The indications are that it's
possible," was my reply. "One
might make it a bit stronger
and say it's even probable, but
there's nobody outside the allied
high command who can give a
definite answer to that right
now."
So that's precisely the way
this momentous issue stands. We
must wait and see, but I believe
we shall get fair advance warn
ing of any invasion of western
Europe.
Bombardment
That will be In a terrific
bombardment on the invasion
coast from the air, and perhaps
from the sea as well. The Ger
man coastal defenses will have
to be paralyzed before we can
drive the noses of our barges
up on the beaches unless we
axe prepared to see the tawny
sands turned crimson.
When that moment arrives we
are likely to get a solution of
the mystery of where the nazi
boxer force if any has been
hiding out these many moons.
Many observers Incline to the
idea that Hitler has been hold
ing his badly depicted fleet in
reserve for just this great
emergency upon which hang the
immediate fortunes of Germany.
Logical Assumption
That strikes me as a logical
assumption. While we don't
know the exact condition of the
nazi air navy, we do know that
some time ago the nazis cut
their bomber production down
to a skeleton In order to per
mit the manufacture of more
fighter planes. This means, of
course, that the nazis have gone
on the defensive, since fighters
are a defensive weapon.
Pending the time of Invasion,
the Anglo-American allies are
going ahead with their job of
softening up Germany by bomb
ing of an intensity and de
structive' power never before
seen. We thought the Hltlerian
blitz over England in 1940-41
was terrible and it was but
it was mild as compared with
what the boche are getting
now.
Impotent Industry .- , -
As London indicated the other
day, Hitler's basic war indus-
state in war bond advertising
during June. You led the state
in both number of advertise
ments carried and in lineage
this . includes the Portland
papers."
The letter should have been
addressed to the Klamath Kl-
wanis club (which sponsored the
June drive) as there would have
been little editorial matter "to
write, or few ads to set up.
without lively, aggressive back
ing of the bond program.
September will bring the
greatest advertising campaign
the world has ever seen the
Third War Loan.
Forceful Argument for Fencing
LIVESTOCK
PORTLAND, Aug. 21 (AP.
USDA) Cattle: for week, sal-
: able 2735; calves 225; compared
i week ago, better beet cattle
i steady, some cows strong, dairy
type cows weak to 50c or more
lower; all cutter to common
cattle slow; load good fed steers
$14.70, few best grassers $13.50
14.00, bulk grass steers $11.00-
13.00, common down to $9.00
stockers $9.50-11.00; good
spayed heifers $13.00, other
grassers mostly $10.00-11.50,
common down to $8.00; canner
and cutter cows $4.50-6.50, few
$4.00 late; medium to good
grass fat beef cows $9.50-11.25,
top $11.75; medium to good
bulls $9.00-11.00, cutters down
to $7.00; good to choice. vealcrs
$13.00-14.00, few $14.50.
Hogs: for week, salable 3035
compared week ago, narket
50c higher, extreme top $15.90
sparingly, late bulk 180-230 lb.
$13.75, early top $15.50; good
sows $11.00-50, good to choice
feeder pigs $14.50-16.50. ' '
Sheep: for week, salable 5285
(highest for any week since last
week of August, 1940); com
pared week ago, fat and feeder
lambs steady, common slaugh
ter lambs weak, slaughter ewes
50-75c lower, some sales $1.00
off; good to choice springers
$11.50-75, extreme top $12.00;
feeders $9.00-10.50; common
lambs down to $8.50; yearlings
$9.00-11.00, common down to
$7.50; good ewes late . $4.75
5.25; early top $8.00, : common
down to $1.50. ,;
CHICAGO, Aug. 21 (AP-WFA)
Salable hogs 300; total 4300;
nominally steady; not enough
good and choice hogs on sale to
make a market; quotable top
$15.00; compared week ago
weights under 240 lb. 15-25 cents
higher; weights over 240 lb. 40-65
cents higher; sows 50 cents high
er. .Salable cattle 600, calves 100;
compared Friday last week: Fed
steers and yearlings, including
yearling heifers, steady to 25
cents lower, mostly steady to
weak; beef cows strong, but can-
ners and cutters 25.40 cents
higher; weighty sausage bulls
steady, all others 25 cents lower;
vealers fully steady; stock cattle
strong to 25 cents higher; ex-
tries have been largely render
ed impotent. The American and
British bombers now are turn
ing their attention to the smal
ler targets.
This work of devastation has
been carried out systematically
the Royal air force doing
night bombing and the Ameri
cans the precision bombing in
daytime. The two fleets have
methodically wiped out raw
materials, the plants and ma
chinery for the fabrication of
these materials, and the trans
port communications.
MAX'S COFFEE SHOP
OPEN 6 A. M. TO 1:00 A. M.
Art Frederickson, Owner
Serves Only the Best!
Complete Luncheon. 50c
Canal
treme top choice to prime fed
steers $16.75; very little above
$16.50; long yearlings reached
$16.50, however, with light year
ling $16.25; bulk fed steers and
yearlings $14.25-16.25; moderate
supply grassy and warmed-up
offerings $10.50-13.50; good and
choice stockers ,$13.00 14.50.
with common and medium
grades $10.50-12.50, choice 606
lb. yearlings reaching $14.50 on
considerably broader trade than
week earlier; strictly choice heif
ers topped at $16.25, bulk $13.50-
15.75; cutter cows cloned at
$9.50 down, canners mostly $7.00
to $8.25; good Wyoming 1100 lb.
beef cows stopped at $12.75. most
beef cows $11.50.12.00; heavy
sausage bulls sold up to $14.35,
but underweight southwests
closed at $9.25-10.00.
. Salable sheep 100, total 100;
compared Friduy last week: Fat
spring lambs strong to 25 cents
higher, sheep mostly steady
choice Washington spring lambs
83 lb. topped at $15.00, with bent
of the native crop at $14.50-75;
many medium to good natives
$13.00-14.35; yearlings $12.50 to
$13.10; native slaughter ewes
$6.00-7.00. top $7.40 on chblce
127 lb. Washington, closing top
$7.00 on natives; small lot 71 lb.
Washington feeding lambs
$13.75.
SOUTH SAN FRANCISCO,
Aug. 21 (AP-WFA) CATTLE:
For five days 500. Compared
week ago: Largely grass run;
steady; few good steers $14.00 to
$14.50, around five loads medium
to good 1171 lb. steers $14.00,
two loads medium $13.00-50,
load 870 lb. good feeders $11.75;
odd head grass heifers $12,00,
feds absent; few good grass fat
cows $11.50, medium range
cows $9.00-50; common to can
ners 25 cents higher, bulk $7.00
to $8.25; medium bulls $10.00 to
$10.50, odd head good $11.00
sparingly.
CALVES: For week 25 cents
head; few good calves $12.00-50,
choice quoted $13.50.
HOGS: Tor five days 2000,
compared week ago; uneven,
opening 25 cents advance lost;
closing top, and bulk good and
choice 200-260 lb. barrows and
gilts $15.50, good sows $13.00-50.
SHEEP: For five days 9000,
compared week ago: Fully 50
cents lower; actual top twelve
decks 77-81 lb. wooled Oregons
good to choice $13.00; late week's
bulk medium to good lambs $11
to $12.00, possibly 75 cents low
er; cull and common shorn
lambs $9.50-10.50; cull to good
shorn ewei $2.80-6.50, steady.
ROLES REVERSED
MORRIS, Kas., (P) Things
got a bit mixed at the 4-H club,
fair. .
An 11-year-old boy, Bruce
Dlmmitt, was named grand
champion cook, and a 12-year-
old girl, Patricia Soden, was
named grand champion hog
raiser.
STOCK BUYERS
FEAR MILITARY
DEVELOPMENTS
By VICTOR EUBANK
NEW YORK, Aug. 21 W') As
in . tho preceding session, most
stock market customers today
continued to llghton commit
ments as a safeguard agulnst
pussiblo major military develop
ments abroad over the weekend.
Motors were among the soft
spots from the start along with
mils and air transports. Evon
the gold mining favorites of
yestcrduy, which bulged on the
treasury's revised proposals for
International currency stabiliza
tion after the world conflict
calling for larger contributions
of yellow metal than had orig
inally been contemplated, lost
their rising animation.
Transfers for the two hours
were 326,450 shares. Resistance
cropped up here and there near
tho close of the two-hour pro
ceedings but declines of frac
tions to 2 or more points were
well in tho majority.
A little pessimism was teen
in the fact that the 60.000
share special offering of Gen
eral Foods which went on the
big board Tuesday at 41 .till
was dragging with about 8000
snares remaining unsold.
Conspicuous on the offside
were General Motor., rhrv.lnr
Santa Fe, Southern Railway.
Union Pacific, Southern Pacific,
Paramount Pictures, Goodyear,
U. S. Rubber, Du Pont, West
inghouse, J. C. Penney, Pan
American Airwavi. A mitrirnn
Airlines, Eastern Airlines, Unit
ed Aircraft, Texas Co. and
American Con. ,
Steels, utilities, coppers held
to a folrlv narrow rnnru n.
caslonal minor nln. mark. wr
posted for American Telephone,
Standard Oil (NJ) and Sperry.
Bonds and commodities slip
ped. In the curb Aluminum Ltd.
and Aluminum of America drop
ped a point or so each and
lesser recessions were suffered
by Creole Petroleum, Glen Al
den Coal and Mesabi Iron.
Closing quotations:
American Can , 821
Am Car it Fdy .......m 35)
Am Tel le Tel . J55
Anaconda ,.......... 251
Calif Packing 4 ,.. 28 i
tat Tractor A.. ...... 48
Comm'nw lth it Sou ........! 116
General Electric 38
Gcnerul Motors .. SI I
Gt Nor Ry pfd ........... 27
Illinois Central ........ HI
Int Harvester , 67 1
Kennecott ....-........... 81
Lockheed . 161
Long-Bell "A" 81
Montgomery Ward ................ 464
Nash-Kelv Ill
N Y Central 15!
Northern Pacific ....... 13 i
Pack Gas 4c El .. . 291
Packard Motor . .. 31
J C Penney 261
Penno R R ............ 261
Republic Steel ...,...... 161
Richfield Oil S
Scars Roebuck .................... 831
Southern Pacific 261
Standard Brands ... 61
Sunshine Mining 51
Union Oil Calif 20
Union Pacific 871
U S Steel 511
Warner Pictures 121
Western Pine
Production Jumps
PORTLAND, Aug. 21 (Pi
Production jumped to 1)2,009,000
board feet from 88,859,000 tht
previous week, the Western Pine
associated reported Friday for
the week ending August 14. A to
tal of 97,783,000 was produced
the same week last year.
Orders dropped to 69,327,000
board feet from 96,157,000 the
previous weok and 85,868,000 for
the corresponding week a year
ago. Shipments came to 81,208,
000 compared with 82,535,000
the previous week and 101,183,
000 for the same week last year.
The biggest mistake In. life Is
to constantly fear you'll make
one.
OPENING
DH-IOI
: ' Combined t
- Eagles, LadUs' Auxiliary and Drum Corps '
. At Newly Dacerated - '
F.O.E. HALL
8th tnd Walnut
Sat. Nite, Aug. 20
Estin Kiger's Orchestra
Dancing 9-1 Public Cordially Invited
Admission
Ladlts 25e
Genis tOe
Poiatoes
CHICAGO, Aug. 21 (TMWFA)
Potatoes: arrivals 71, on traclQ
181, total U. S. shipments 7547,T
supplies moderate; for III Inn
Triumphs and Red Wnrbus do
mnnd good; market firm; for
white stock all varieties, mar
ket about steady on best quull
ty; Idaho Bliss Triumphs U. S.
No. 1, $3.20; Idaho und Oregon
Rimsett Biirbunks U. S. Nu. I,
$3.16-40; Washington Russet
Hurbnnks II. S. No. 1, $:i.25;
Colorndn Bliss Triumph U. S.
No. 1, $3.10-15; Nebrunka Red
Warbus U. S. No. 1, $3.20; New
Jersey Cobblers U. S. No, 1,
$2.25-70; Wlm-omiiii DIIks Tri
umphs U. S. No, 1, $2,35; Wis
consin Cobblers U. S, No, 1,
$2.25.
WHEAT
CHICAGO, Aug. 21 r An
easier undertone prevulled iQ
all grains today following trud"
reports the war food administra
tion might renew Its guarantee to
formers to pay any advance be
tween now and Octobor 31 In
corn ceilings in an effort to get
more of tho grain Into terminal
markets.
Rye suffered tho worst setback
dropping about a cent at times,
but trade generally was on a
small scale. Activity was re
stricted by uncertainty over
what measures would bo In'
volvcd In the government's pro
gram to roll back food prices to
the levels of September 15,
1942.
At the close wheat was l-lo
lower, September $1,431; Decem
ber $1,451; oats were up i-lc,
September 71c. and rye was
down t-lc, September 97 l ie.
BOSTON WOOL O
BOSTON. Aug. 21 (AP USDA)
The Boston wool market was
very quiet during the past week.
Some uneasiness was evident by
holders of unrestricted domestic
fine short wools as buyers for
top makers and manufocturers
remained out of tho market. Of
ferings of these types of wool at
lower prices did not result In
Im Tnt til amAtint nf wools an
praised for purchone by commod
Ity credit corporation 10 onto is
113,364,765 pounds.
REPEAT PERFORMANCE
FARMINGTON, Conn. (P)
Twenty-five years to the day aft
er her father joined tho marines
ifor the first World war. Edith
Wollonberg began training asw
a marine at New River, N. C.
Now ex-Captain Christopher
Wollenberg flies the same serv.
, Ice Tag for his daughter that his
mother flew for him.
Grade school then col
lege are critical training
years for your children.
Make certain of their edu
cation through tha
Equitable.
Call
I
I
ItBrilEHZNTlXa THR
EQUITABLE LIFE I
ASSURANCE SOCIETY "
Service Men 23c
IIP
J Those Critical K
YEARS
I I