Omaha daily bee. (Omaha [Neb.]) 187?-1922, January 30, 1914, Page 5, Image 5
THK BRR: OMATTA, FRIDAY, .TAXUAKY 30, 1914. EXPLAINS INCOME TAX LAW Boss Hammond Turns Light on Some of the Dark Places. FAVORS UNIVERSITY REMOVAL Intermit Itevenup Collector Telln leiircr Himt They C1111 Save Money hy Living: Apart from Their Wlvcu. A double attrtiotlon held the boards be fore th Holary club at Its dinner at the llenshavv Inst night. Hoss L. Hammond, editor ot the rromont Tribune, president of the Nebraska Association ot Com lnuraial Clubs and collector of Internal revenue for the district of Nebraska, dis cussed tho Incomo tax and finished with a few words, urging the removal ot tho university from Lincoln to tho state farm, while Rmmet Tlnley ot Council Muffs explained that all the Rood and pcrhnps some of tho Imd In Nebraska politics really came from Iowa. Sir. Hammond likewise told the mem bers how they might save $M a year by living apart from thcJr wives. Rffcct Different. "Tho original Intention of the Income tax law seems to liavo been to placo a premium on matrimony," said Mr, Ham mond, "but tho effect of tho law Is some what different. The single man is given an exemption of only 3,XW; the married man has an .exemption of $1,000; but on tho other hand, the married, man, sep arated from his wife, has an oxcmpllon of $3,000, nnd his wlfo as an Individual likewise has an exemption of $3,000, so that the two together. It living aiart. would have a combined exemption of (6.000, or $1,000 mora than a Married man who lives with his wife. Such Is the common difference between tho Intention and the oporatlon of a law." From the first returns made to tho of fice hero, Mr. Hammond said that It seemed pioboble that every one of tho 00,000 persons who would bo compelled to pay the tux, presented a different ease. He further explained that the abolition of tho JS.000 exemption, which had for merly been granted corporations, was abolished, and that as result, some 1,000 Nebraska corporations would bo forced to Pay an Incomo tax, whereas only a fow more I ban 100 such Institutions had paid tho oxclse before this law was put In effect. SeemliiKly Double Tax. "Tho new law, in my opinion, llkovvl&e compels tho payment of a tax received by corporations from tho stock widen they may hold in other corporations," raid Mr. Hammond. "This is seemingly i. double tax on all holding corporations, fdnco tho tax on tho dividends wnlch tlwy &o receive Is paid first at the sourco and then again paid by tho corporation which holds such stock. It Is apparently the Idea of tho framcrs of the law to abolish by such taxation these holding corpora tions which, according to some lecently proposed legislation, are against public policy. "The great trouble with personal ac- counts seems to bo that Individuals do not keep an accurate account of their receipts nnd expenditures as do corpora tions, and therefore may find more dif ficulty In proving-that they arc .lot en titled to pay tho tax, than a corpoia tlon. "Since Iowa has furnished Nebraska with her bad example In politics, I pre sume It Is up to us to purify the stream which we have fouled, and that Is the reason you have selected a native Iowa man for your election commission t," wild Emmet Tlnley of Council Uluffs In referring to llarley G. Moorhead, who presided at the dinner. "The first representative of Nebraska In congress was an Iowa man who lived In Iowa, and tho httlo paper ot Council Muffs chronicled thnt tho Hon Mr. So and So had passed through tho city on route to Washington, whero he would represent Nebraska. As a matter ot fact, ho pasted out ot Instead of through Council Uhiffs. really walking past the office of tho Httlo publication. Likewise, about a third of tlm mombcra ot tho first state assembly of Nobrool.a was. composed of residents of low.j. and fully one-third of the wes.crn half of ths coiwitlos of the state of Nebraska were, organized by Iowa men who held elec tions, and then filled the majority of '.he offices." DINE WESTER EDUCATORS Commercial Club Host to Heads of Five Great Schools. DINNER INFORMAL AND HAPPY SAPHO, KRL'G, SIX RK15LS, 5c and 10c, RABBI C0HN TO SPEAK ON MOHAMMEDANISM Itabbl Frederick Colin will give tho third lecture of tho series on religion this evening at ,Tcmplo Israel. This number Is to be on Mohammcdamlsm. Preceding tho lecture and starting at 7:9) o'clock there will be a half hour ot music upon the organ, Clean lliuitliiKcn don't havo to bo used very often when you uso Uucklcn's Arnla Salve. Safe, sure and heals nulckly. All druggists. p5c Advertisement Wit nnd Wisdom from the flnestn l). li1i(p. the Diners, nnd Slight littltnnt Ion of Hepnrt Ik llenril. The Commercial club had for Its guests Wednesday at an Informal dinner presi dents of tour western universities Presi dent Thompson ot tho I'nlvorrity ot Ohio, President Vincent of the University ot Minnesota. President Van Hlso of tl.o University of Wisconsin nnd Chanocilor Avery ot the t'nlvjrslty of Nebraska and tho head of one of th-great Agri cultural schools of the country, Prt in dent Snyder of the MU hli.an Agrlcultuiat college. These gentlemen had been at Lincoln on Invitation to look over tho Mtuaton of tho University ot .Nebraska nnd to ex press nn opinion its to -ilia advisability ot removing tho schools from tho down town campus to the state farm. Tho en tertainment In Omaha was merely to allow tho leading business and profes sional iiftn of the commun'ty to show their appreciation of, tho Interest taken by .tho heads of other stato schools n tho affairs of' Nebraska. Soma W0 men and women wcro In attendance "Prex' Vincent n lilt. Dr. Vincent of Minnesota was elected to open tho speaking because of an arbi trary rallroad'a tlmo schedule olid be cause tho other presidents wore his seniors and therefore enjov the privilege j of boss'ng their lounger brethren. Dr. ' Vincent Is some "opener." In thirty j seconds ho had out looso Uh a volume of reparteo which brought tho hUc down nnd sotuo ot the men laughed so . long and heartily they shook the pins onruatlona out of their coat lapel. Dr. Vincent spared no words In "Joking' his fellow professors and his efforts wet a so i successful that even they themselves . laughed, lie made his escopo Instantly' after tho conclusion ot his talk, so that Chancellor Avery was not allowed to quip j hhn about tho defeat ot his fool tmtl , team on October IT last. I Dr. Avery was second on tho program I After relating his favorite story, the tale 1 of tho three admirers of Hilly Hryan who , voted for him for every and all otfleoe, he thanked tho college gentlemen for the ' solicitude. In tho Interests of tho Culver- I slty ot Nebraska and then retired grace fully In favor of the visitors. 1 1. Kiiloiry ol' ttii Knt'iiier. Dr. J. L. Snyder of tho Michigan Agr' ctilttiral college dllcred quite an Inter eittlng little eulogy ot tho farmer. Ho concluded his speech by nsklng evety business man to carefully consider the uuosllons ot .good roads, iilrul credits nnd better transportation. Dr. W. b. Thompson of Ohio uulvcisltv, and Dr. C. It. Van Hlso ot Wisconsin hold dovn tho heavy positions and rendered tlte orations' of the evening. Dr. Thomp son spoke of the higher standard ot liv ing of tho present day and Dr. Van Hlso spokoot university taxation, during tho courso of which ho complimented the west for Its superiority over the east In the lino ot cduentlonul advantages. George Couplnnd, one of tho regents of tho University of Nebraska, concluded tho evening with a short talk.' Hon. John I. t-liKl r was "latrmnn. while John L , w.is m.tdc hy an; of Hie men in "mi a Mii'sgue. . .t i er mlter." spoke for : last nlgM and It Is not hnown If tho ro OmahA and tho lomtneulal club. port has been mn'c as yet , W ill 1'nvor Itentovilt. Previous to the speaking Dr. liwent or Minnesota unintentionally let slip the In timation that tb report of the board of enllcge presidents would a'dvooate removal of the university campiiii from the cen ter of Lincoln to tho present site of the state farm, soveml wiles from the eon Rested dt.v. Dr. Vincent won'tl make no positive nswitlons, but he did say that tho consensus of opinion among the col lege preoldent coincided with that of tho NehtHsUn public, which Is to tho ef fect that the removal would be Judicious, No official proclamation of the report SPARK PLUGS ARE STOLEN FROM AUTO AT CURBING .1 W. Hubblns. ISO! 3arnam street, re ports to tho police that while he waa at tending a reception for the new pastor at tla? St. Mary's Avcniio Congregational church, some one stolo spark plugs from his nutomnbllf. It Is said that a number of hip robes were tnken from other cars nearby irt tho samo time, butuio report of their loss has been made to tho police. In One Minute! Clogged Nostrils Open Cold and Catarrh Vanish Stops Nasty Discharge, Clears Stuffed Head, Heals Inflani- ed Air Passages and You Breathe Freely. Try "Klj's Civm nalm." Get a small nottte nnyvva)?, Just to try It-Applya little In the nostrils' and In stantly your clogged nose, and stopped up air passages or the head will open; yod, will breathe freely,;' dullness and headache d'sappear ly morning the catarrh, told-ln-head or catrrhal sore threat will bo potto liiid such misery now! Get the small bottle of ' Elv's Cream Balm ' at any drug store. Thlt sweet, fragrant balm dlsolvos by the heat of tho nostrils; penetrates and heals the Inflamed, swol len membrane which lines tho nose, head and throat; clears the air passages, stops hasty discharges anad a. feeling ot cleans ing, soothing relief comes Immediately, - Don't lay nwako tonight -struggling for hreath. with head stuffed: nostrils closed, hawking and blowing. Catarrh or a cold, with )ta running nqse, fpul mucous drop ping. Into the threat, and raw dryness Is distressing but truly ncedlesr. , rut your faith Just once in "Ely's, Cream Dalm'' and -your cold or catarrh will sur'elV disappear, Agents, Sherman i: McConnell Drug Co rAavert)oinenf. ' CoodSwce 1854 1914 marks our 60th anniversary, our 60th year of brewing the most perfect beer man can brew. We are proud of our record, proud that itaaaaaaaaaaaaaaaaaaaaav Jiaaaaiaaaaaaaaaai ans& Gjj eerless Beer is the popular family beverage and that the family health and happiness it creates at thousands upon thousands of firesides makes more true the saying "there's no place like' home." Of unequalled flavor, purity and mellow ness Peerless aids digestion and refreshes and nourishes the body. Keep a case in the cellar. Order today. Don't forget to toast our 60th birthday. Ask your dealer. John Gund Brewing Co, La Crosse, Wis.