Newspaper Page Text
JOHN H. HODCE9, Proper.
DEVOTED TO HOME INTERESTS, PROGRESS AND CULTURE
$1.50 a Year In Advance
PERRY, HOUSTON COUNTY, GA., THURSDAY SEPTEMBER 22, 1921.
REPEAL OF EXCESS ! CERTIFICATE SALE
PROFITS TAX SET
WOMEN HEARTILY DECLARE JANUARY 1, 1922, IS DATE FOR
THEY FIND NO EXTENUATION , j. REPEAL TO 00 INTO
FOR CRIME EFFECT
STATE NEWS OF INTEREST PRESIDENT IS NOT EXEMPT
Brief News Items Gathered Here And
There From All Section Of
!. , The State
Many Changes Made In House Bill.
Road Expenses Of Salesmen
Atlanta—With the organization of j Washington.—Tho senate finance
a special section of the p eor g[a state committee definitely has decided that
committee on inter-racial co-opera the repeal of the excess profits tax
composed entirely -*«“?”• * SC0, J shall be made effective January 1,
of prominent women of Georgia ha\o 192 2
issued an appeal to all citizens of the I ; • . ,
state to uphold the , enforcement of I Th * s means the tax will apply dur-
law, to banish groups who would take Ing tlie current year,
into their own hands the execution of j The committee, in reaching this de
justice and to practice a single stan-, cision, concurs in the provisions of
dard of morals both in the white and the tax bill as passed by the house,
negro races. J it repudiates the recommendations of
This appeal heartily condemns the the administration, made through Sec-
protection of womanhood by criminal i retary of the Treasury Mellon, that the
methods, stating that "if there is any repeal be made retroactive to January
one crime more dangerous than an- [ 1, 1921. ^
other it is that crime that strikes at
the root of, and undermines constituted
Authority, breaks all laws and re
straints of civilization, substitutes
violence and masked irresponsibility
for established justice and deprives
society of a sense of protection
$7,500,000 OF CAR TRUST SECURl-
TIES BOUGHT BY NEW YORK
FIRM OF BANKERS
MORE SALES JRE EXPECTED
Money To Help Roads Until Congress
Disposes Of Railroad Fund
Ready To Probe A., B. & A. Wreck
Atlanta.—Investigation of the cause
of the wreck on the Atlanta, Birming
ham and Atlantic railroad, six miles
out of Atlanta "recently, will be made
by a special commission appointed re
cently by Governor Thomas W. Hard
wick. Members of the commission
named by the governor are C. M.
Candler, chairman of the state-rail
road commission, chairman; William
T. Turner, master mechanic of the
Georgia railroad, and Woods Hudson,
general superintendent of the Georgia
Car and Locomotive Co. The com
mission was appointed to probe the
possible causes of the wreck to deter
mine whether dynamite was used in
destruction of the locomotive and
wrecking of the train in which Engin
eer J. T. Morris, of Fitzgerald lost
liis life and several members of the
train crew were seriously injured.
The governor named the commission
after conferring with Colonel B. L.
Bugg, receiver of the railroad; Reu
ben R. Arnold, attorney representing
th6 line; Carl Hutcheson and a dele
gation from the Machinists’ Interna
tional union representing’ organized
Cannot Recover From Broken Neck
Savannah.—Robert A. Kirkland, a
young boy who broke his neck recent
ly when he dived into 2-foot water
at Daffin park, can never recover
from the injury, according to Dr. Law-
ton Kirkland, his brother, who took
an X-ray picture of his back recently.
A number of coincidents occurred
when Kirkland was injured. He is
living in the same house that Jack
Apple lived in ten years ago, when
he dived into shallow water at Tybee
and broke his neck. Apple has been
a cripple ever since. Kirkland also
occupied bathroom No. 13, at Daffin
park, when the accident occurred. .
Escapes From Jail But Is Recaptured
The argument for retention of the
tax is that the year has so far ad
vanced that the tax already has been
passe&along to the ultimate consumer,
and that its repeal at this late date
would be of no benefit to the tax
Republicans on the committee were
in favor, unitedly, of the repeal for
1922, with the exception of Senator
LaFollette of Wisconsin, Senators Pen
rose of Pennsylvania and Calder of
New York, and perhaps others, favor
ed making the repeal retroactive, but,
when the vote came, it was unanimous
fro mtjie majority. Democratic mem
bers of the committee refrained from
Other important decisions of the fi
nance committee include the follow
! Imposition of a 15 per cent tax on
corporations, instead of 12 1/2 per cent
tax as the house bill provides, effect
ive January 1, 1922.
Repeal of the capital stock tax, ef
fective July 1, 1922.
Elimination of the house provision
exempting the salaries of the president
and officers of the judiciary from the
Agreement on a clause compelling all
persons having a gross income of $i>,-
000 or more to file an income tax re
turn—whether the income is taxable
Elimination of house provision al
lowing corporations to deduct from
taxable income contributions made to
Elimination of house exemption of
$500 on income received from building
and loan associations.
Elimination of house provision ex
empting from income 'taxes the ex
penses of traveling salesmen while
they are on the road.
The important question of the trans
portation tax remains to be decided at
a later meeting of the committee. Al
though it is indicated this tax will re
main in effect as the house bill pro
vides. In addition, there is virtual
agreement that the taxes on express
packages and the transportation of oil,
repealed by the house, will be restored.
These taxes would bring into the treas-
without waiting for congressional ac
tion, has begun the sale of securities
to provide funds for the railroads.
Car trust certificates in the amount
of $7,500,000 have been bought by
Kuhn, Loeb & Co., bankers, of New
York the railroad administration an
The money derived will be utilized
by the railroad administration in mak
ing settlements with the carriers sup
plying funds they urgently need,
The sale is the first of large trans
actions which the administration hopes
to carry through in the near future,
as conditions in the money market im
prove. Car trust certificate.} which the
government holds total $380,000,000,
and they will be sold as rapidly as con
The money derived will go to the rail
roads, in order to tide them over un
til congress has had an opportunity
to act on the administration’s railroad
funding bill. The measure provides
for utilization of the machinery of the
war finance corporation in selling ob
ligations which the railroads propose
to give to the government for their
indebtedness. Funds from the sale
would be used to pay the indebtedness
of the government to the roads.
Meantime, however, railroads have
made earnest representation as to the
immediate need for help, and the ad
ministration decided to proceed.
President Harding and his advisers
hope that the revival of the buying
power of the railroads will stimulate
industry, and will be an important fac
tor in relieving unemployment.
The\ government came into possession
of the car trust certificates through
operation of the transportation act of
1920. The government advanced funds
to the roads with which to make pur
chases of equipment, in return or
which the roads gave certificates bear
ing 6 per cent interest.
The sale just announced was made
at par and accrued interest, the only
terms legally possible. Negotiations
are proceeding for additional sales, and
Secretary of the Treasury Mellon be
lieves they will be made soon, be
cause of improved conditions. The in
terest rate up to the present has made
the investment unattractive from the
standpoint of the bankers.
Eugene Meyer Jr„ managing di
rector of the war finance corporation,
negotiated the sale for the govern
The securities sold were in blocks of
$1,600,000, and were from these roads:
A. T. & S. E., C., B. & Q„ N. & W.,
Central of N. J., S. R.
Vulcan Steel Beam Chilled Plows in One-horse
and Two-horse sizes.
Vulcan Hillside Plows
Vulcan Middle Busters
i Vulcan Road Plows
Vulcan Power Lift Tractor Gangs
We Carry a Complete Supply of Vulcan
| Our Perry Agency can Supply you.
These are Just a Few of The Many Ar
ticles that You Will Find at Any Time
You Come to See Us
Full Width Sheeting 50c yd.
Yard Wide Sheeting 12 l-2c yd. <
Fancy Voiles 20c yd.
Childrens Fancy Sox 25c pr.
And Don’t Forget We Also Handle
Plain and Fancy Groceries.
PERRY MERCANTILE CO.
Douglas.—John Hubert Theus, a ury about $30,000,444. It is indicated
prisoner of the Coffee county jail,
who made his escape recently, was
caught in Broxton. Theus has been in
jail charged with the murder of a
small girl. His home is in Texas and
he had been'in this county a month
when the crime was committed. It
■is the opinion of many people in the
county that „Theus will hang if he is
ever brought to trial.
Fidelity Loan Seeking Charter
Athens.—The Fidelity Loan and In
vestment Company has applied for
charter through the superior court of
the Athens district as the initial step
in the establishment of a new bank
ing and loan house for the citj r . The
Fidelity concern has five agencies in
Atlanta, two in Macon, one in Au
gusta, two in Savannah, and others
located in all of the larger cities of
the south. It is understood that the
new concern will do a general bank
ing and loan business in Athens when
the branch house is opened,
also that the tax on candy will be re
stored to 5 per cent from the 3 per
cent to which it was reduced by the
lower chamber. The tax on tobacco
will probably be left' as it is, though
this is regarded as a source of reve
nue that can be tapped if there is
According to Senator Penrose, com
mittee chairman, the bill will be com
pleted soon, giving specialists, an op
portunity to prepare it for presenta
tion to the senate.
Prominent Lawyer Seriously Injured
Savannah.—One jaw broken, seven
teeth knocked out, and the upper
mouth hones shattered, were the in
juries received by R. Lee Moore, a
prominent Statesboro lawyer, recent
ly when he drove his car into a taut
wire stretched between two trees
near Bullock, Ga; His companion was
also seriously injured.
New Tax Ruling Requires Amendments
Washington.—The bureau of inter
nal revenue has issued a ruling which
will compel taxpayers to file amend
ed returns for 1917 and subsequent
years, where “appreciated and inflat
ed values’’ were used in computing in
vested capital. Many taxpayers have
made this mistake, which is contrary
to the revenue laws, according to the
bureau. There will be. no effort made
to antagonize business men, but am
ple'instructions will be sent through
out the country So that all may know
the proper procedure.
DON’T BE DECEIVED
Buy your Goods for Cash and I will sell you, Grocer
ies,5 Hardware, Enamelware, Crockery, Stoves, Ranges,
Glassware, Churns, Etc., CHEAPER than any naan in
Perry. I am in business to stay: I know that all Mer
chandise is-cheaper than it was six months ago; I have
taken my loss and if you buy from me I will not sell you
one article for less thanjeost and make it up on something
else. All I ask is an opportunity to L meet honest compe
tition on any line I sell.
Lets Forget the Blues, Go To Work and Make
The Best of It.
J. W. BLOODWORTH
“THE FARMERS FRIEND." ,
PERRY, - GEORGIA.
We are Now Rfeady to Gin Your Cotton.
The Gins are all newly sharpened an^ everything in good
shape. We will give highest prices for Cotton Seed,
Requests Old-Time Burial;;No Autos
savannah. — That no automobile' Velvet Beans, Peas, Corn Hay, Seed Cotton and Peanuts.
hearse be used to convey her remains I . - tt it j
to the cemetery and that no auto- We have in stock a large quantity of Good Home Made
mobiles be used by friends who fol-,
lowed .her to her grave, hut that only ] Cotton Baskets.
horse-drawn vehicles be employed,! ; .* W, ■ _
was the request in the win of the Try our Blacksmith Shop, Charlie Williams will do you a
late M.rs. Mary E., Hagan, which was i .
probated recently. Her requests were good job on any repair work.
carried out in detail. Mrs. Hagan was ;
a wealthy woman, and recently gave
$10,000 to clear off the debt of the
Cathedral of St. John the Baptist, _ WZU U W WW MW ■ WZU ■_
the largest Catholic cathedral in this ■ ■ ■ W ■ m Mmu
part of the south.- 1 ' . u g .