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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Jan. 8, 1921)
10 THE BEE: OMAHA. SATURDAY. JANUARY 8. 1921. Supreme Court Hears Arguments In Capital Case! Case Characterized as "Mostj Important Legal Suit From j Financial Standpoint of Decades." Washington, Jan. 7. Arguments were orgun touay in mv autumn court in the "invested capital case," rl,..4.l.ri..ft K.f rtl ii-ttrr f?Mieral Frierson as "the most important le ga' suit from the standpoint o .gov ernment finances in a decade." Whether the government will be forced to return hundreds of millions o." dollars paid as income taxes de fends on the outcome. The immediate cause at issue be fore the court is the appeal of the LaBelle Iron Works from a ruling of the bureau of internal revenue, refusing to allow it to treat as in vested capital the value of ore lands vhich it had purchased in- 104 for $190,000 and which hy 1M7 had in creased to $10,000,000. Government agents maintained that the increase in reality was "prolit." and should be taxed as such. The company added the increase to its capital invested and claimed the notmal deduction of ? per cent, pavinjr under protest the additional tax of $1,081,000. Many Problems Involved. The question of whether a stock dividend is taxable arose in a new form in the present .case, the in creased value of the ore lands hav ing been represented on the books of tut corporation, according to the government's brief, since 1912 by "stock issued as a stock dividend," ' The wide interest displayed in the case in the business world was illus trated by the number of requests for permission to file briefs, including tl'e Long Bell Lumber company of Kansas City, the National Lumber Manufacturers association and the Kansas City Structural Steel -company, t Difference of Theories. Increase in the value of the ore lands is comparable to the increase which occurs in the value of a herd of cattle, which, when purchased, in dueled a number of calves, the appel lant (argued. J "Profits" was defined lo the court as the actual net amount of . gains made by business between any two dates. "The appellant's theory is that the capital invested in its ore lands is . not what is paid for them, but is to be measured by the present value of the lands," Mr. Frierson said, "but the government contends, on the other hand, that the act clearly de fines' thfc 'invested, capital' as the amount 'received in exchange for its shares of stock plus any 'paid in or earned surplus' used in the business." Wakefield Plans to -Entertain Over 200 High School Youths Wakefield. Neb., Jan. 7. (Special.) Wakefield will entertain the north east Nebraska older boys conference January 21, 22 and 23. The Wake field Commercial club is backing the project and , great plans arc being formed for the entertainment, of dele gates from about 60 high schools in this section of the state. f Prominent speakers are to appear on the program. Captain Swanson of the 1921 University of Nebraska foot ball team will address the con ference on sthe relation of clean liv ing to athletic efficiency. The Wake field band, the high school orchestra and boys' and girls' glee clubs will futnish music at the various sessions. Professor Eklund is director of the first organisation; Mrs. Crabtree of Wayne is director of the three latter. Two hundred boy delegates will be the guests of the Wakefield Com- mercial club at a banquet which will be served in the d;ning room of the Methodist church by the ladies of he four aid societies. '" i . , ., Receiver for Ceresco State i Bank Will Be Asked Lincoln, Neb., Jan. 7. (Special.) The attorney general's office is pre t paring to file a petition Saturday in the district court of Saunders county asking for the appointment of a re I eeiver for the Ceresco State bank, ' whose doors were closed bv the de partment, December '29. Within a (ew hours after the closing of the bank, Charles Maixner, former cash ier, was sentenced to prison for three years for forgeries. .Secretary Hart of the banking -board says the bank is short about $100,000. which will be made up from the guaranty fund. Maixner turned over all of his assets to the state authorities to make good theloss. 1 Loup City Commerce Body Elects New Officers Loup City, Neb., Jan. 7. (Spe cial.) At the annual meeting of Loup City Commercial club the fol lowing officers were elected: D. A. Beach, president; Dr. J. L. L'hl, vice president: Lamont L. Stephens, sec retary; ,Dr. S. A. Allen, treasurer. A special program is being provided - for the February meeting, at which time thework for v 1921 will be mapped out. 1 Hamilton County Farmers : i Moving Crops to Market ' Aurora, Neb.. Jan. 7. (Special.) -Farmers of Hamilton county are marketing their wheat and corn by thousands of bushels. The eleya ' tors report as much business as can be handled. The banks are begin ning to feel the result and there is a-more optimistic outlook through out the county. .. ' Merrick County Board of - Supervisors to Reorganize Central City. Neb., Jan. 7. (Spe cial.) The board of supervisors will meet January 11 and organize for the coming year. Although four mem bers were up for re-election, the per sonel of the board will remain the same. A chairman and the different committees will be elected. Central City Legion to t Furnish New Club Rooms Central City, Neb., Jan. 7.-(Spe-eial) The American Legion is mak ing preparations for the opening of elnb rooms in the near future. A hall has been- rented and necessary Wymore Man Obtains Collection of Civil War Periodicals Wymore, Neb., Jan. 7. (Special.) W. W. Parks, employed by the Rurlington here, has received from New York a collection of periodicals nublished durine; the civil war. In addition to a number of Harpers Weekly's, illustrated with scenes of battle drawn by their correspondants while witnessing a battle, the collec tion includes the Independent, pub lished by Horace Greeley. Editorials are all on the front page, and there is but one illustrated advertisement. This is a small cut of a patent clothes wringer. v It announces the calling of a meet ing of national importance and sugs gested that the questions involved shall be discussed in' the city of Boston, "as Boston is a small place. and all the people can reach the meeting place quite handily.' ' An admirer of Mr. Greeley gets sentimental and sends him a poem. One of the verses reads. "There Is a man, an honest mnn. Who speaks ths trutli out freely; God formed lilm on hta nobtent plan, And called him Horace UreMey." Wymore Council Rejects Special Election Petition Wymore, Neb., Jan. 7. (Special.) The city council has rejected! the petition of citizens to call a special election to determine the question of Sunday closing of the moving picture houses here, on the ground that the petition was improperly prepared and presented. The petitioners failed to embotdy the matter in ordinance form as re quired by law. The petition will be reframed and again presented to the city clerk in the next few days, opponents of Sunday amusements sav. O'Callaghan Tells Of His Trip toU.S. In First Address Lord Mayor of Cork Tells Friends of Iribli Freedom He Was Stowed Away for Seven Days. Norfolk,. Va., Jan. 7. The story of how the vigilance of the British soldiers was eluded .and he had boarded the West Cannon at Cork for his trip to this country was told last night by Daniel O'Callaghan, lord mayor of Cork, who came here from Newport News with Peter MacSwiney. ( "Getting aboard ship was not so difficult," he said. "Dressed as a laborer, I hung around' the quays about an hour. Mapy of the crew were absent, and when I saw my chance I climbed a ladder and slipped aboard and into the hold." He added that MacSwiney had boarded ahead of him. , O'Callaghan and MacSwiney were guests of the Friends of Irish Free dom here last night. After boarding the ship, ( O'Cal laghan said, he remained concealed seven days in a bunker until driven out by sea sickness. MacSwiney also was a stowaway thr,ee days, he said, but finally came out of hiding and was put to work in the forecas tle. Through him O'Callahgan aid he received food four days.. - v "When Mr. MacSwiney made his presence known, calling himself Mulligan, our small store, oS food was about out," he continued. "He was put to work at once, and it was easy for him to reach the bunkers with food and water for me.- I would have made out all right, but the ship was rolling badly after be ing Out a week and I succumbed to sta sickness. Finally I determined to lie down a while where the air ivas better and went ,to a bunk where the watch was on duty. One fellow, however, came down and discovered me. Despite my sick ness, I went to work with Mr. Mac Swiney." Wesleyan Sunday School. Team to Visit in Wymore Wymore, Neb., Jan. 7. (Special.) B. E. McProud, dean of the school of psychology, will accompany the Sunday school team of the Ne braska Wesleyan college on their visit to this ritv T.imiarv 9. 'The team has arranged to visit numer ous cities throughout the state and has for its specific object the fitting in Of Sunday school work with the present-day theories of the common school education. U.S. Never Will Be Dry, Savs Kramer Commissioner Declares, How ever, That Prohibition Is Hero to Stay. , Washington, Jan. 7. The United States never, will be literally ' . dry, Prohibition Commissioner Kramer declared today, though he expressed the opinion prohibition is here to stay. Sentiment throughout the country, he "said, is continually growing stronger for .prohibition and 'practical prohibition, will come after the present generation; The sons and daughters of the men of today, he declared, will grow up without a taste for liquor. New York and the east cannot be considered as representing the country at large, for generally west cf Pittsburgh the nation is dry, he said. Most of the enforcement agents, Mr. Kramer described as men who could "take a drink in order to cafry out their orders," but his best agentv he said, was a Methodist minister. ' Farmers' Slate Union, Will ,; Meet in Omaha Comiug Week Members of the Fanners' Educa tional Co-Operative State Union of Nebraska will hold their annual meeting here January 11 and 12. C. If. Gustafson of Lincoln is presi dent and L. M. Koch of Omaha is secretary. , Seek Library Funds Lodgepole, Neb., Jan. 7. (Spe cial.) "Bashful Mr. Bobbs." will be given by the faculty of the schools here to raise funds for library pur poses. ', 'A Clear a way of Winter Stocks That Means Many Thousands of Dollars in Savings Toilet Goods and Drugs 60c Djer Kiss Rouge or Com part) Powder, at 39f 30c Fompelan Night Cream at 214 30c Santtol or Graves' Tooth Pow der or Paste, at . .'. 194 $3.00 Automobile Chamois (ex- Ira mutiny on-ianneu HKinsi, special, at 82.00 $2.00 Household Chamois oil tanned), special, at ..gl.00 BUc La May Face Powder, at SS 30c Mennen's Talcum, at ....104 40c Odorono, special, at 294 30c Bromo Quinine, at... 214 30c Saniflush, at 194 6$e Hospital Cotton (1-tb. plug.). special, at 354 65c Abllena Water, at. ...... .354 15c Violet Glycerine or Juvenile Soap, extra special, at 8H4 Out Go All the Winter Coats The Suits The Dresses At Most Astonishing Bargain Prices ; Saturday. h ifflDEN'S 11 11 .'. THE CASH STORE .'. hj j , - 0 January Some Unusual Values in the Corset Section Corsets made in very finest pink baQste and coutll 2 and 3 pairs hose supporters, fancy and plain materials. Your choice of front and back lace,, All.sizes, 19 to 36, at S3 .29 brassieres, made with linen lace reinforced under arm. Sizes SI to 46. Special, at ,. 68 j Corset Department Scoml Floor v Fur Coats, worth $100.00, Saturday $69 Fur Coats, worth $150.00, Saturday 100 Women's and Misses Cloth and Silk Dresses, spe cial Saturday Fur Coats, worth $275.00, $300.00, $325.00,' Satur day . ...... ... 300 Women's and Misses' Cloth and Plush Coats, sold up to $59.00, Satur day ................. 500 Georgette Crepe Blouses, all colors, worth up to $10.00, choice Sat urday ! $1001 $200 $25 00 5! 200 Women's and Mioses' Wool Sweaters and Slip Ons, worth up to $10.00, Saturday $GJ00 Saturday in Children's Department choice of any Girl's Cloth Coat at HALF-PRICE. Choice of any Girl's Wool Dress at HALF-PRICE. Shoe Clearance We have taken all the short, . lines and idd pairs in both men's and women's and have majked them so low that they must appeal to all who want to make or save money. Men's Gun Mental Bluchers and Bals with a few broken sizes of a dark brown gun metal blucher, good $7.50 val ues ........... $5.00 Women's Black Viei Kid Lace Shoes with French or Military heels, $8.50 values. .. .$5.95 Men's Heavy Work Shoes, in black 'Or ; brown with good solid : leather nailed soles, in sizes 1 to 12. $3.00 Misses' Good School Shoes, a splendid $3.50 value. . .$2.50 Men's or Women's All-Felt House Slippers with good heavy felt soles $1.00 Your .Choice of Our Entire Fall f and Winter Stock of Men's and Young Men's SUITS and OVERCOATS Hart Schaffner & Marx And Other High Grade Makes That Sof to $90, Every winter garment goes. Plain blues and blacks are included. All at the one price. . Every garment guaran teed the same as ii sold at regular retail prices. An opportunity to choose from an im mense stock of high class, fully guaran teed Suits and Overcoats at actuallv less than replacement cost, today. Just our method of insuring ;the opening 01 ine spring season witn an new stocks. No C. O. D.'s, No Alterations, No Layaways. it 1. io! January Clearance Hosiery BoJ'S, and at and Girls' School Hose, In light medium weight cotton and lisle. 25 and 35. Large Assortments of Dependable Quality. Women's Fine Gage rare Thread Silk Hose, full fashioned and some with mock seam, in all good colors. Val ues sold up to $3.50 and $3.75: Clear ance Price . . . .... ... . ... .. .$1.89" HYnen's Full Fashioned Mercerized Lisle Hose, in best makes; black, white and colors; never sold for less than $1.75 and $1.50; our Cash Price only $1.00 Women's Fine' Cotton and Mercerized Lisle Hose, in regular and extra sizes; large assortment of colors sold from 85c to $1.25; sale price, only 50 Infants Cashmere Hose, 65c and 75o values, at .'.....39 January Clearance Sale on Women's and Children's Underwear, Main Floor f ' Women's Fleeced and Heavy Cotton Union Soits, sleeve-', less, short sleeves or long sleeves, ankle length,' regular and extra sizes, regular price $1.98 and $2.25, on salO at J. 81.50" Women's Wool Union Suits, all styles, ankle length, regu lar and extra sizes, regular $4.98 and $5.50, on sale at 83.98 Hoys' and Girls' Medium and Heavy Fleeced Union Snitu, high neck, long sleeve, ankle length; regular price $1.50 to $2.20, on sale. Second Floor ..98 Women's Outfn& Sight Gowns, with collars or without col lars, pink and blue stripe; regular price $3.50 and $3.98, on sale at ; 82.48 ' Windsor Crepe and Batiste Sight downs and Envelope; Chemise daintily trimmed with 7al lace or touches of em broidery; regular price $2.98 to $3.50. on sale at 81.89 . Batiste and Heavy Muslin Night Gowns, Bloomers and EnTelope Chemise, trimmed with line laces and embroidery; regular price $1.50, on saHM at 89 January Sale of Advance Spring Hats AT $7.50 TAFFETA and STRAW ALL-TAFFETA HATS SATIN and RIBBON FAILLE SILK HATS SATIN and FUR TAFFETA and FLOWERS An extraordinary collection of very smart new Hats, present- ing a variety of the styles that are foremost for immediate wear. Off-the-facc models, draped effects, turbans and sail ors trimmed with flowers, ribbon and feathers. Colors are sunset, henna, gray, blue, tan, brown and a variety of combinations. Men's m to m Dress Shirts Materials are poplins, fine printed . madras, the very best percales; in almost endless variety of gooa patterns ana colors. All sizes, 14 to 20 neck. Every garment from regular stock. Every garment perfect and tailored by some of America's best manufacturers Every color is guaranteed. Your choice of the entire lot, regular prices to $3.95, Saturday - MEN'S WORK SHIRTS that sold at $1.95, blue or gray, all sizes to 2(-inch 95 j MEN'S FLANNEL SHIRTS Regular price to $5.00, all sizes, your choice ' $2.95 MEN'S WOOL FLANNEL SHIRTS that sold to $9.00, in all sizes, popular colors f en M mm mw lUTETWC TJTntT AIDAIVEI TT1TTAAT nmnn - 1 ujm uiyii uiuuii vniKin ouiio Fleece lined, all sizes, that sold at $3.00, nw v t $1.95 Read the Big Special January Price Cutting Grocery Sale Sanitary Market Specials for Saturday Rolled Prime Klbs of O7I Steer Pot j 19li Beef, per ponnd 72c K"t lb 2C Breakfast Bacon, extra OP Toong Mnt- Toung Teal irr lean, per ponnd OOC ton Legs, lb...' 2C Breast, lb..... I All Kinds of Cooked. Smoked and Cored Meats In Dellcatessea Department aiGRKST UlALl'lt. t'KEfHEST GOODS A3V I.AKOKST STOCK. 18 lb. Beat Pure Granulated Sugar. H g-lb. sacks Best High Grade Flour. .KM 24-lb. ack Bert High Grade Flour. Sl.taj !4-lh. lack Pure Kye or Rye Graham! Flour 'I:?5 10 bara Heat-" IJra-All Soap Soo 4 lbs. Beat No. 1 Hand Picked Navy Heana ' 5 i 5 Iba. Best Rolled White Breakfast Oat- ) nwal ..; t is. Best White or Yellow Cornmeal.tSc S lb. Fancy Japan Rice 6e Tha beat Domestic Macaroni, Spaghetti or Erg Noodles, )kg. "He M-nunca cans Elkhorn or Good I.uck Milk It-ounce cans Pet, Carnation or Wilson Milk i..Mc No. 2 cans Early June Peas, Fancy Sweet Sugar Corn or Solid Pockd Tomatoes. lie No. 2 cans Fancy Wax or String Boans. at lMi Teast Foam, pkg I'Ae ll-oi. cans Spider's Pork and Beans. 7e Kama Assorted Soups, can e Jelle. all flavors, pkg. 11 TEA AND COFFEB SPECIALS Fancy Golden Santos Coffee, lb i'i'Att Our Famous Santos Blend Coffee, lb., tuc M. tt J. Blend, an excellent drink, lb., 3c Our Famous Ankola Blend, lb.,,' 4.V Breakfast Cocoa, eer lb le The Best Tea Sittings, lb l'Vit' Choice Pan Fired Japan Tea, lb 35c Fancy Spider Leg Japan. English Break- Tast, ceyion, uoiong or uunpowaar J lb. .50c Tlir IK1KI l'Kl'TT AM) NET DKPARTMUNT OF OMAHA Fnncy 3 Crown Muscatel Raisins, lb... 30c Fancy Thompson's Seedless Raisins, lb., at , .10c Fancy Mulr Peaches, lb 2Ac Fancy Evaporated Apples, lb .....Stte' Fancy California Cooking Figs, lb 20c Choice California Prunes. lb..........12Vt Fancy 60-80 sle Prunes, lb... lite Fancy 40-60 size Prunes, lb,........17e New Honey, rack 30c Fancy Imported Figs. 7 Crown, lb... ..35c 4 fbs. Popcorn .........Sac Black Walnuts, lb I'Ae Fresh Roaated Peanuts, lb.... 1X THA VEGETABLE AND FRUIT MARKET OF OMAHA. Fresh Southern Beets, Carrots, Shalots er Raillshas, bunch 7e Fresh Parsley, bunch 6e Fancy Cauliflower. Ih MH Fancy Head Lettuce, lb Ive Fancy string Beam, lb, 30c Large Soup Bunches, each. ......4c Fancy Holld Cabbag". lb He IS lbs. Bout No. t Conking Potatoes, .3fle a slic irttpe Fmlt, erlt inc special Orange bale, regular ,,7ke C OUu. 4IIC (lOKUU- 40a. 25c doien. .. -Sale Price 60c, 60c OMAHA'S GREATEST MARKET FOR BITTER. K4.GS. CHEESE. Pickles and 4le4mittrgarine. The Best Package Butter, per lb. c The Best Bulk Tub Butter, per lb 5c The Best No. 1 Country Creamery Butter, per lb AOe Good Butter, per lb ..43c Tha Best Fresh Ground Peanut Butter. lb IQe The Best Fresh Made Cottage Cheese, re- eelwd dally, per lb tie Fancy Full Cream, New York Cheese, per lb 0e Fancy Full Cream Wisconsin Dairy Cheese. par lb , .-Me Fancy Full Cream Wisconsin Twin Cneese per lb. ; 33c Fancy Full Cream Toung American Cheese . per lb. , 33c Fancy Full Milk Brick Cheese, per lb..3fc Fancy No. 1 BrlrJt Cheese, per lb tile Fancy Honey, cheaper than butter, lb., 30e Fancy Imported Roquefort Cheese, per lb tl.1t Fancy Large Pill Pickles, per dos. 35o Fancy fhow Chow Plrklea, per qt., 35e Fancy Trge Queen Olivsc, per qt.. . 5c Fancy New White Sauer Kraut, per nt., at It H A full line of HHnz (7 Varieties at the lower market prices All the best brands N,st Butter, lb.. St House Furnishing Specials Large bize O Cedar Oil Mops $1.45 A One-qt. can O'Cedar Oil ..1.00 Large bottle . Liquid Veneer Polish, for only 50t Heavy Aluminum 6-qt Preserving kettle, for $3.85 Aluminum Sauce Pan, with cover, elx-qt tfze 81.05 Galvanized Success Rotary Ash Can, fits any ash can or barrel, value, $7.60, for S5.00 No. 3 Galvanized Tub, drop handles, for only .81.50 No. 2 Galvanized Tub, drop handles, for only 81.30 Large size Rid Gid Ironing Board. for only 84.00 Medium size Rid Gid Ironing Board, for my 83.50 Heavy Tin Hand Vacuum Washer, value $1.00, for 756 Large Splint Clothes Hamper, regular $1.73. only ..... 81.50 It Pay TRY HAYDEN'S F1RST-1 Pay if?,":-''; .swjptrs;
