The Home journal. (Perry, Houston County, GA.) 1901-1924, September 22, 1921, Image 1

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r JOHN H. HODCE9, Proper. DEVOTED TO HOME INTERESTS, PROGRESS AND CULTURE $1.50 a Year In Advance VOL. LI. PERRY, HOUSTON COUNTY, GA., THURSDAY SEPTEMBER 22, 1921. No. 38 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 Not Exempt 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 against barbarism.’* $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 ing Measure 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 labor. 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 payer. 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 voting. Other important decisions of the fi nance committee include the follow ing: ! 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 income tax. 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 or not. Elimination of house provision al lowing corporations to deduct from taxable income contributions made to charity. 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- Washington.—The administration, 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 nounces. 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 ditions warrant. 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 ment. 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. |aaQBotteairaBfiiooaQDaoaaoiKiaeooooaQoaaaaoB»isootteeiaaaaoai VULCAN ORCHARD PLOWS. 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 Plow Fixtures, HEARD BROTHERS, MACON, GEORGIA. | Our Perry Agency can Supply you. nBoanmoaaoaaaMMMnaaaaaaaDaaaaaaaoaaaoaaanaaan 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 need. \, 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 .