The Cedarville Herald, Volume 56, Numbers 1-26

CEDARmi.B HERALD, FCIPAY, JANUARY 20, 1033, T H E C E D A R V 1 L L E H E R A L D CAfiLH BULL — — — EDITOR AND PUBLISHER lUUUUW-K«!4'jusi KiUhuUl A*«oc.; Okla Mvmm I»r Assoc.; Miami Valley I‘rc»3, Assoc, Entered at the Post O fflss; Sedarville, C ao, October 31,1887, as s*;econd class matter. FRIDAY, JANUARY 20, 1938. TAX SPENDERS WANT SALES TAX Whenever the Ohio legislature is in session, or something of unusual importance happens in Washington, especially con­ cerning taxation, some new “ news bureau” , “ tax protective as­ sociation” or the like arises. Usually these kind of organiza­ tions have neither a. president, secretary or even headquarters. The latest from such organizations is the “State News Bureau of Columbus, Ohio.” . It had no official signature. Neither was there a street address or even a post office box number. The three page news letter was in argument of the Spaght sales tax bill now before the state legislature Avhich would add 2 per cent tax to all sales in the guise of lifting a load of $50,000,000 off real estate. The letter says in argument of the bill that the merchants are not expected to absorb the tax but that is must be collected from the CUSTOMER. Thus the merchant would become the tax collector for the state. President Hoover this week for about the third time has messaged Congress to pass a sales tax to balance the budget. There is no danger of the Congress passing a sales tax at this session. But should Congress later pass such a tax and Ohio also pass a sales tax, then the merchant would be .the collector of taxes from his sales to customers for both Uncle Sam and the State of Ohio. With’such a tax the average citizen would ser­ iously object. With his income decreased or probably, none at all, he would enter a loud protest. Again such a tax would call for an army of state appointees, as well.as federal, to check: up on thousands of individual merchants. It is well to consider something about the claim of the sales tax relieving the real estate owner of part of his burden. First the sum of $50,000,000, while an enormous sum to the iridivual is a very small sum when measured by tax collections from real estate in Ohio. Spread the so-called $50,000,000 over the state and the saving to the average property owners could hardly be computed even in cent.i. What the property owner might save would be eclipsed many times by'what his new tax, the sales •tax would cost him during the year. The sales tax has the ear- marks Of being a new. device to raise more tax money in a new way rather than have the cost of government reduced. . President Hoover stands to leave the White House with an official record not on par with a former president years ago, the famous Buchanan administration. Whil'e he has put forth a plan for certain reductions in federal government by reorgan­ izing certain departments, yet his saving proposed is not a drop in a bucket towards balancing the budget. Rather than bring government costs down in comparison with that of the average citizen, the President demands a sales tax to balance the bud­ get, making the final collection from the customer that purchas es the goods. The sales tax places all business houses at a disadvantage. The system we have *now that is not bringing the Federal gov ernment any great amount is the so-called luxuries tax on the cost per.centage plan. The merchant pays the tax and ii he cannot sell the article even at cost price, he is out the tax fox the government collects the toll from the merchant before th€ goods are really on sale. Under some circumstances a sales tax might be. all right but the cry now is —No more new taxes—ir Ohio or Washington. The mysterious letter pleads for the sale tax to relieve real estate but offers no guarantee that real estate is to benefit to the extent of one cent. The safest way is to de­ feat the sales tax, especially until the unseen hand letter writei is known. . Ogden L. Mills, secretary of the Treasury, gave an interesting talk on Monday evening relative to the "Fed eral Budget.” His talk of course was jn millions, hundreds of millions and Dillions, figures beyond the imagina­ tion of the average citizen, He gave figures showing the- cost of the dif­ ferent branches of the. government and contended the actual cost of the government proper, bureaus, commis sions, etc., was not out of reason. He strongly advocated the sales tax as a means of raising more revenue and said with the reductions in sight, the sales tax of half a billion dollars would about balance the budget. The question naturally arises as to how a oalanced budget can be maintained if riie experience so far this year is to oe a criterion. We were told last July „hat the budget had been balanced and now we are a billion in the “ red." iVhy balance the budget if the gov­ ernment is to continue spending more han the estimated income? manufacturing plant and a chain com­ pany operating « wall known retail department atore fell under receiver^ ship. Y§s, individuals out of employ­ ment are facing a serious problem; farmers with low prices likewise; but don't forget manufacturers and retail­ ers in many instances are clamoring and making a. desperate fight to keep plants together and store doors open. Last week we mentioned something vided for, and not all o f the bond issue authorized was over used. Few coun­ ties in the state have a more substan­ tial building and few if any have as good a building for the outlay. We can also boast that the last bond was paid a few yeurs ago. The erection of the court house by the commission stands as a tribute to the members of that body: George Little, Albert Wicker- sham, H. M. Barber, John Fudge, John about the Chicago World's Fair, or B, Stevenson, “ Squire” Ferguson, and “ Century of Progress" as it is to be‘ “Daddy” Smith. As we scan the list called, We ran across an editorial) of names all-have completed life's la- a day or so ago from the Illinois State jbor*and gone to rest. Register, which gives information as We are not sold on the sales tax proposal. With the incomes down at ow ebb and the purchasing power of .he public so limited, will not the ad­ ditional tak only bring about the same .•esult that the three cent postage has ry decreased income ? The revenue jf the post, office department is now .ess under the three cent postage than -.ormerly under the two cent rate. The manufacturer cannot absorb the tax ind is told by the sponsors of the sales .ax plan to pass it on. The distribu­ tor will pass it on and the retailer is jo do the same, for enyone who knows .he situation of the retail trade must admit this tax cannot be absorbed. Then the tax is to be added to the cost jf the article and the consumer is tc pay the bill. In normal times the sales tax could be paid by the con­ sumer with out protest, .but not now. ENQUIRER SPEAKS ON BANKING REFORM Business men, financiers and economists generally agree that stagnant business is largely, though of course not wholly, an affair of money and credit. It follows that any fundamen­ tal and aggressive attack on depression must begin with a refor­ mation o f the banking system, to the end that it may create and supply the larger volume of commercial credit essential to a sustained recovery of business activity. If this is true, then the Glass banking bill, the only bill ser­ iously considered, is in fact the most important piece of legisla­ tion before the present Congress, next to routine appropria­ tions. Whether one. agrees with all the details of that bill, it remains the corner stone of any frontal attack on the lethargy of American economic life. ' . The blind egotism of one Senator has delayed consideration. of this most important piece of legislation. The unwillingness of other Senators to submerge their minor differences to get the bill before the chamber has prevented drastic action to stop a senseless and harmful filibuster. This sordid example of demo­ cratic government at its worst should not be allowed to blind the American people to the basic, importance of the Glass bill, which contains many important provisions unrelated to the one clause in dispute-—the branchy banking section. The Glass bill provides for reorganization of the Federal Reserve Board; it authorizes legally the now unofficial Open Market Committee o f the Federal Reserve System; it extends the powers of the Federal Reserve to examine the condition of state member bank affiliates; it limits in various ways the ex­ tension of bank credit for purposes of speculation; i+ widens the powers of the Federal Reserve Board over foreign dealings of the Reserve Banks, and it gets up a new agency to handle liquidation o f closed banks more speedily, so depositors can get their money more promptly. Besides these varied and far-reaching provisions, Section 19, which provides for statewide branch banking by national banks, becomes a less important matter. It has been the target o f bitter criticism, but it is not the heart of the bill. An order­ ly marshaling of the resources of our banking system to meet the emergency of our time cannot be achieved without some renovation of the Federal banking laws. It is regrettable that a willful politician should obstruct consideration of measures so imperatively demanded by the critical condition of American business. — ■Cincinnati Enquirer WEST WANTS SILVER RESTORED The western states are most interested in agriculture and mining, particularly that of silver. Silver has dropped in price to wheie copper once was and how to bring it back may be a big problem. Other industries need a revival also and the prob- ^ 18 as great. For several years silver went out of style and many of the useful as well as ornamental things were made of other materials. Thus silver met what all lines meet some time or another through our system of competition, nf many substitutes in the manufacture , l lties us° ( m ,this country. Those interested in silver .no^ UP with the procession. Nowadays it is a popular fad to have table pieces of pewter and selling at a Oft P1 ®uch silver articles have dropped in favor. Aluminum ^a3 PjaYed its part in the competative scheme. The economists now tell ,us that general world recoverv citirint ho .“. l " f ” y“ its S S W t e is no doubt but that rehabilitation of silver for its many uses would put thousands o f men back to work. Conner lead and «*> tadusfty is CRABBE SAYS OHIO SHOULD MOURN wrot^th; r S f c of the Ohio legislature who l ™ * 1 P roublt,ion ,aw>aa(1 was a former attorney Secretary Mills hit t..e spot with us .vhen he discussed the capital outlay oy the government, that is the non­ productive part such as is found in the erection of public buildings by the government. He-more than once re­ ferred to/the enormous bonded-debt piled up by states and municipalities .he past twelve years which is prov ng a heavy load just now. However ,n the same period the Secretary fail- ad to show what Uncle Sam had spent .or government works, . non-produc- rive in the same period. We might mention many hundreds of millions for storage dams to reclaim waste and for farm purposes when we al- .’eqdy had a surplus of farm crops. In laming rivers that has cost millions and taken tonage from the railroads. But getting back to the postoffice ouilding program Mr. Secretary made the comparison, that in most instances capital outlay by the government was a liability, rather than an asset while •n private or corporate enterprise it had to be a productive outlay. He stated the town or city that had a pastoffice where the rent for the room was $2,-100 a year usually received a postoffke building that' would cost $100,000 exclusive of site. Then, he says the expense started the day the new building was Opened and the av­ erage upkeep for such buildings usu ally was more than' $6,000 a year, Thus the new building, while a pride to the people that had use for it, cost the government in upkeep nearly three times what the rental averaged. to the present status of the exposi­ tion to be, opening June 1st. The Fair management now has cash and govern ment securities to the amount of $1,- 00,000 and the construction program s ahead of schedule, being at this late what was expected on March 1. Jver 82 per cent of the gross area of exhibit buildings has been sold or set .side for specific purposes. The ex­ hibit space contracted by industries now amounts to $4,765,000. Conces­ sions $4,300,000. The Ohio legisla­ ture two years ago made an approp­ riation for the “Ohio” building at the Fair. When we stop to think why should Greene county be put to the expense of grand jury and trial casses in the aocalled mystery Harper estate cases now pending? Greene county had no power to stop the sale, of the securi- ries to the socalled heirs as well as to outsiders that purchased certificates .hat were to make them rich over sight. The government months ago had issued a fraud warning but those back of the enterprise are now charg­ ed with forming another company and going on selling just the same. Now the county has found indictments and must stand the expense of costly trials over matters the taxpayers had no in­ terest in. The federal government for some reason did not follow up the activities and the state government was slow in acting but did ask for .ndictments. It looks unfair that the county should be forced to .stand the expense when Federal and State gov­ ernments failed to act in time to pro­ tect the innocent public. Getting something for nothing seems to have an appeal with the American public What has become of all the dogs ? Today is the last day to get tags un­ less you pay the extra dollar. Locally Mayor Richards reports something over 50 licenses have been issued and this stands low in comparison with the same time last year. The com­ missioners reduced the cost of dog tags this year, but the lower scale of prices seem to be no inducement or we have less dogs. If you own a dog and have no tag you had better keep J i m tied to the dinning room table. Three members of the State Tax Commission; three members of the Industrial Commission and two mem bers of the Civil Service Commission, have a fear of the wolf at the door if they accept the cut in state salaries as the legislature intended when the salary cut was made several months ago. These men are hiding behind a section of law that says salaries can­ not be increased or decreased during the elective term of oifee. With the Tax Commission members, salaries were increased owing to t. e duties being so extraordinary to adminis­ trate the classification law. The new member* to be appointed do not want to take the cut, the same applying to one other hold-over member. The leg­ islature can cure the trouble by ap­ propriating a sum for each official to get him in under the reduced rate. The governor should demand the res­ ignation of any member that does not want to join with other employes and take the reduced salary. ' The frequency of bankruptcies and receverships has drawn the attention of official Washington. For several years business interests have protest­ ed the manner in which bankruptcies were handled, fifty per or more often beihg required to wind up the busi­ ness. The creditors received little or nothing in return for their accounts. President Hoover has rightly called the attention o f Congress to the sit­ uation. Such business failures gave the politicians a chance at fat fees and too often those named to take charge knew nothing about the business. ney "s birthday, law, He ohibition the’lfith, Prohibition si i n w l m v r o T s w k i c h b S l l i s » m c ,ati" “ d vo < ;a tc 8 rc lw a l o f th c The mortality rate for business in­ stitutions is now much greater than ; it has been for bnnks. Every day has its toll of business failures. Last week ' a $50/100,000 car foundry company; failed. A chain of 258 5-10 stores took the receiver route. Over in the city of Springfield one well known BIG SALE----- ALL WOOL BED BLANKETS ,NOW ON Wonderful bargains in all wool bed Blankets, unequsll" ed for beauty, warmth, and wearing qualities. Never before have our prices been so low. Sales Room at South end of Three Story Building on Dixie Highway THE ORR FELT & BLANKET CO. Piqua, Ohio The experience taxing districts have had the past two years, especially during the depression, has proven that Ohio must provide more protection for public funds* county, school, town­ ship and municipal. While we have a law on that subject it has proven al­ most worthless where banks have fail­ ed and personal liability had been ac­ cepted. Personal liability should be prohibited. The state funds are de­ posited with bonds as security. The smaller taking districts should have either a liability bond by a reliable company or’ U. S. government bonds. Hundreds of thousands of dollars in public funds have been lost to the different taxing districts where bank­ ing institutions have failed. The pres­ ent law is inadequate for proper pro­ tection. Liability insurance is costly to banks .but the depository interest should be lowered, or abolished, un- ■less huge amounts are on deposit. It does not pay banks to handle small ac-i counts, and most public fund accounts j are small nowadays. There should be more protection even if the interest is lost. ■ FOR SALE— GOOD YELLOW EAR CORN CALL DeWine & Hanuna Phone 153 Yellow Springs, O. ¥ MAIN OFFICE Columbus. Ohio E.G .Buchsieb . Inc. l i i l t i i E i a a i L _ s i z e ; R ev e r se P hone C harges CALL •REENE COUNTY FERTILIZER Tel. 810,. Xenia. O. The late Ex-president Calvin Cool .dge was a man of few words. He had an influence over men that few could boast of. His short terse statements carried great weight and he held right line on governmental affairs strongly in contrast to wha$ we have experienced the past four years. Mr, Joolidge said what ho had to say in chat true Yankee manner and he did aot have to repeat. ;He evidently was .10 different in personal affairs for mis will had oply twenty-three words •Not unmindful of my son, John, give all. my estate, both real and per­ sonal, to my wife, Grace Coolidge, in fee simple.” No court will be call id upon to detetmine the meaning of simple statement. While Mr. Coolidge was a member o f the bar, his legal problems were handled in the Bame orief manner. Legal problems and laws are not always dressed in the: simplest language, understandable i oftimes only by judges and lawyers, j Down in Washington. Huey Long,| .mown as the "Kingfish'’ among the , Senators, has been having the time o f ! his life conducting a filabuster against1 the Glass banking bill that nears a week's duration. Time was taken out; Tuesday for the Senate to override’ President Hoover's veto of the Phila-j pine independence bill. For years the j Democrats made complaint of the gag! rule that permitted a filabuster. Nowj the Democrats are in control and the; Republicans are being pounded with their own club. Vice President Dawes had no sooner taken his seat as pre-! siding officer o f the Senate several years ago until he lit into the Repub-; lican majority and urged a change in j the rules, The ring masters in those, days were Senators Smoot, Moses and. other so-called "standpatters.*’ The; Republican management resented the] speech of the' then Vice President Dawes. Those that were miffed then this past week had to sit back and f watch the “Kingfish” steal the whole J show and important business must! wait. j Extra VALUES T i r e s f o t t e COURIER TYPE ' 4 ) 8 8 M r (I EACH WHEN .. BOUGHT ‘ . ' IN PAIRS ’ 30 x 3^ Cl. T i r e s f o n e SENTINEL txpe • * 4 9 W F SOUGHT ■ .- INPAIRS This Is a p a te n te d construction, a n d th e tw o e xtra G u m -D ip p e d co rd plies a re so p la c e d th a t y o u g e t 5 6 % stronger b o n d betw ee n tre a d a n d co rd b o d y , a n d tests show 2 6 % greater protection a g a in s t punctures a n d b lo w o u ts. It sets a n ew stand ard lo r tire perform ance o n h ig h speed cars. < N O N -S K ID T R E A D T o u g h , live ru b b er sp e cially c om p o u n d ­ e d For lo n g , slow w e a r. Scientifically d esigned n o n-skid gives greater trac­ tio n a n d safe* q u ie t perform ance. , f , * h* V S"W? •h!4o-2i * COMPARE CONSTRUCTION, QUALITY and PRICE Nat* we* TW fkaataa* OMM4 T»a CaakPik* Eadi ntattan OldMl T*pa Ca*kPika tarfair C k iroltti 4140-21 • 4 .7 9 • 9 .3 0 ClMTTOkt- 4.50-20 S .3 5 1 0 .3 * 4.50-21 S .4 3 1 0 .5 4 C tenalat S ip s .* :, 4.75-19 0 .3 3 1 1 .3 1 M l a i u 4.73-20 0 .4 3 1 2 .4 « Cbuulla*; D a S la . N « » ---- D a ia a t.. Gr. P ain 8.00-19 0 .0 S 1 2 .9 0 F o stla a . RooaaTtlt a w m r*-x. ■K mw C Naak____ 3.00-20 0 .7 5 1 3 .1 0 ----- ' N aula.... eO b'bife , 8.00-21 0 .9 0 1 3 .3 4 *}nlck M. Chtrrbfot Ofch’Ufe 3.23-18 7 *5 3 1 4 .0 0 B a ld u -i. 5,25-21 • .I S I S .U atCar Stu’b’kV Gardner- Marmonu Oakland- Feerleaa-i Cbrraler- Sta'b’k’r Vlkine— Stu’b’kV Franklin HudeotL— Hnp’bUeu L a S a lle. Packard. Plerae A— Bnlck— PlenaA— Btuta. Cadillac _ Lincoln—, Packard. Dm (to Unftncort HotvyDaly NrwtoM OldfeM TrnCashPfk# Each FIrattMt OldfltM Typ# CiMPrfco PwPak 5.50-18 ••.35 • 10.20 5.50-19 • . 4 S 10.40 6.00-18 10.05 20.00 6.00-19 20.05 21.04 6.00-20 10.95 21.24 6.00-21 11.10 21.54 6.00-22 11.00 22.50 6.50-19 iae. 3 o 23.00 6.50-20 12.05 24.54 7.00-20 14.05 20.42 --------------- 1------- -— :— — ----------- T r u c k an d B u s T ir e s 1 TfcSItt Heary Duty Fhaitom outlaid , Typa CnhPrka Eack Ffreilon* J Oldfield • . hpa | Cxifr Pile* f$t Petr 30x5.._. • 1 5 .3 5 • 2 9 .7 4 32*6___ 2 0 .5 0 5 1 .0 0 34x7____ 3 0 .4 0 70 .0 0 36x8___ 5 1 .0 5 1 0 0 .2 0 6.00-20 1 1 .0 5 2 2 .0 0 6.50-20 1 5 .5 0 3 0 .0 0 7.50-20 2 0 .4 5 5 1 .0 0 9.00-20 4 0 .5 0 9 0 .4 0 9.75-20 0 1 .0 5 1 2 0 .0 0 An important suit has. been started in the United States Court in Cincin* t nati against the major oil companies; that recalls one other famous case*; that of the Government against the; Standard Oil Company, when fines a-' mounting to $29,000,000 were assessed; but were never paid, The last suit is brought by a number of independent! dealers that claim the major compan­ ies recently reduced the price of gas­ oline to put them out of business. The suit has not yet been terminated. Rep. R, A. Pollock* (R ), Stark county* has introduced a bill in the legislature to abolish the law provid­ ing that Common Pleas judges can draw $20 a day while* serving out of their county, this in addition to theit regular salary. Judge H. W. Jewell, Delaware, appeared before the Judi­ ciary Committee of the House Tues­ day night and warned the members that the judges would oppose the measure. A radio speaker some evenings ago in speaking of the points of interest of a certain city pointed out that a public building had been erected with­ in the bond issue* something unusual. This brought to our mind that Greene county has 6 court house that was erected far under what had been pro- A Q^m-Supped. in CORD PLIES \ UNDER THE TREAD T i m t o t i e C OU RIER TYPE snt » ” 7 ., Sunil Man Cirtfitca Order Tlra “ ta Flits r*ih Our Cash Rika Per Pair . 4.40-21__ • 3 a l O $ 3 .10 • 5 .9 0 4.50»2t_,. 3 .5 5 3 .5 5 0 .9 C 3 > 9 0 3 .9 3 7 . 0 5 —- r - 2 . « 9 2 .3 9 3 . 7 * •FIRESTONE do not manufac­ ture tires under special brand names for mail order houses and others to distribute. Special Brand Tires arc made without the ntnmtfar trroc's ti.nno. They arc sold Tvitliont b’ i "uoranU’o or resno*i‘.i*»5l-5t*■ fn ■ sortlcc. Every F.iesto-vi ’ j ’ > f.curs tiio Fire-done l1••1■ • • «• '*5tv excrN r s’ 11 t • SENTINEL TYPE SUE Out CarhPike fcnnj Oij«r tiro . . ...... Cttft M m fmh 4.40.21..... • 3 .5 9 $ 3,59 4.50-21... 3 ‘ 9S 3.93 4,75-10..... 4 *0 3 4.63 5.00-10.... 4 .0 5 4.03 5,24.21 . 1 « . f » 5.98 On- C«,n P*r hit *-00 1 .4 4 1 1 .0 4 Oifcw tynpotthnnitflrhum RALPH WOLFORD