REVENUE UWS
NEED REVISING.
SAYS MR GLASS
WASHINGTON, Dec. 8 (by Associ
ated Press).—No appreciable reduc
tion in taxes for the next fiscal year
is to be thought of. Secretary Glass
declares in his annual report, just
sent to congress. Government re
ceipts must be kept at their present
figure, he said, in order to bring gov
ernment borrowing to an end.
Facing expenditures estimated at
$5,629,486,359 for the year ending
June 30, 1920. and $4,473,696,358 for
the year ending June 30, 1921, the
government must enforce rigid econ
omy, Mr. Glass declares. He places
the deficit for the current year at
$3,905,000,000, and for the year end
ing June 30, 1921, at approximately
$2,005,000,000.
On this basis Mr. Glass urges con
gress to deny “every appropriation
for expenditure in new fields.” He
says the same policy should obtain
until the government had its sinking
fund well under way and repayment
of the war debt “satisfactorily be
gun.”
Mr. Glass charges that excessive
government expenditures are the
most vital factors” in increasing the
cost of living, and argues that it is
urgently necessary to keep down pub
lic expenses for this reason, as well
as because of the drain on the tax
payers.
The present revenue laws need re
vising to meet new conditions, he said.
He referred particularly to the ex
cess profits tax laws, which he de
scribed as being “objectionable even
as a wartime expedient.” It would be
still more objectionable in peace-time
he added. “Hess harmful forms” of
deriving funds for the government
should be employed, the secretary
said, adding that the excess profit?
tax had been responsible for much ol
the increase in living costs, because
it had been passed on the consumer
"It encourages wasteful expendi
tures. puts a premium on overcapital
ization and a penalty on brains, the
secretary continued. “It discourage?
new ventures and new enterprises anc
establishes old ventures in their mo
nopolies. In many instances it act?
as a consumption tax, is added to the
cost of production upon which profit?
are figured, determining prices. It
has been, and will, so long as it re
mains on the statute books, continue
to be a material factor in the in
creased cost of living.
In this connection Mr. Glass alsc
urged redrafting of the revenue laws
to prevent the evasion of federal taxes
through the investment of wealth in
the obligations of states and munici
palities. He said laws should be
enacted which would compel the re
porting of such incomes, although they
are wholly tax exempt, and that that
sum, with other income of an individ
ual, should be computed as the basis
for assessing federal taxes on the
amount derived from taxable sources.
Relations between conditions in
Europe and those in the United States
were discussed also by Mr. Glass. He
shid that undoubtedly there was a
very great need in Europe for finan
cial assistance, but that the situation
had been much exaggerated.
Instrument Locates Burled Gold.
After several years of experiments,
D. L. Gee, a former Portland fireman,
perfected what he says Is an instru
ment that will locate buried treasure.
It is on the principle of a compass
and the owner says he has located
several small caches of gold near Port
land.
After reading the story of the
buried treasure supposed to have been
cached on Neah-kah-ntt Mountain
years ago toy pirates, Lee left Port
land, accompanied by his brother
Robert, in 1!>16. They searched for
the wealth until their machine lo
on ted n spot near where the treasure
was supposed to repose. They Im
mediately sunk a shaft ninety feet
deep, but did not locate the gold.
They have spent several months
each year digging for the treasure.
Recently they narrowly escaped death
when a shaft caved in.—Portland Ore
gonian.
Waitin’ for De Dawn.
Two buddies ran ncross each other
while on duty. The night was very
dark.
“What’s tHut you have?” Inquired
Sam.
“A searchlight,” replied Pete.
“What are you looking for?”
“Morning,” he snid.
“Stick around a while and It'll dnwn
upon you," suggested Sam, nnd they
patted—American Legion Weekly.
Just received supply of yarn rt Cor
dova dry goods store.
Congoleum Rugs, suitable for every
room in your house, can be found at
the Northwestern Hardware Co.
Fresh Ever-Ready Flashlight Bat
teries, all sizes. Blum-O’Neill Co. 3-tf
Have your skates sharpened at the
C street machine shop. l-4t
Delicious mince pie at the City
Bakery. 13-tf
Fresh French puffs daily at the 'Aty
Bakery. 13-tf
Read the Dally Times for the latest
and most reliable world news.
Todays
Games
in the Handicap Bil
liard Tournament at
the Horseshoe are:
Scarborough vs. Fos
ter at 4 p. m.
Bogart vs. Fursman
i at 7 p. m.
Chase vs. Gaffney at
9:30 p. m.
Tuesday’s games
will be:
Chase vs. Foster at 4
p. m.
Bronsky vs. Rawson
at 7 p. m.
Game vs. Leach at
9:30 p. m.
THE HORSESHOE
BILLIARD HALL
E. L. HARWOOD, Prop.
I FOR SALE
FOR SALE
Choice business and residence
property.
FOR RENT—
Furnished and unfurnished
apartments and cottages.
INSURANCE—
Fire and marine, life and ac
cident.
BONDS
Fidelity and surety.
CORDOVA ABSTRACT &
REALTY COMPANY
ROOM 1 ADAM8 BUILDING
-:-—' ' - ' - ' ~~
_
WALLPAPER
In Latest Patterns
GLASS
In All 8lxes
BOGART & ROBINSON
TOKENS OF RESPECT
A well conducted funeral Is a
token of respect to the deceased.
Our methods of conducting a
funeral have given us an oppor
tunity to serve you In a manner
that will command respect. We
are equipped to serve you satis
factorily.
E. E. HOLDEN PARLOR
Second Streep between
A and B Avenues
,
!
ALASKA TRANSFER COMPANY
TRANSFER AND STORAGE
GOAL AND WOOD
AUTO SERVICE
DAY OR NIGHT
I I
_ | |
Office, Northern Hotel Bldg. Phone 85
ARE YOU GOING OUT THIS FALL?
Visit San Francisco and Stop with
Mark C. Thompson
at his new hotel in the heart of the city between
Powell and Mason Streets.
The Dale- Tallac Hotel
140 ELLIS STREET
| Special Rates and Headquarters for Alaskans.
CITY BAKERY LUNCH ROOM
Special Carefully-Prepared Lunch served from 11:30 a. m. Our Fine
French Rolls with every meal
Big Variety of Pastries and Cakes, Always Fresh
Sanitary Machinery of Latest Model. Patent Brick Oven. Best Ma
terials used by Expert Workmen, producing our Famous Cream Loaf
Best Coffee in Town
French Bread Rye Bread
FOUND—
Just the Gift you
are looking for.
Mrs. FUNK
WINDSOR HOTEL
Cordova
Adjustment
Company
K. G. ROBIN30N, Mgr.
Collections. Reports,
Insurance
Ostrander Bldg., Cordova, Alaska
Keist Furniture
Company
Ib the Place to Buy
New and Second-Hand
Household Goods *
OUR PRICES ARE RIGHT
We Sell Goods .on Commission
Next door to Alaska S. S. Office
Mount Vesuvius
Wrecks Italian
Cities—
and the use of the
following rules will
wreck any church:
1. Never try to bring anyone to
church. John 1:41.
2. Don’t give to missions, benevo
lences, and see that the pastor’s sal
ary is always behind. 1 Cor. 9:14.
3. Try to run the church. Mark
10:44, 45.
4. If you see anyone willing to
help in the church work, be sure to
find fault and accuse them of being
bold and forward. Ecc. 19:10.
5. Don’t keep the Sabbath holy;
keep it for all your odd jobs, your
business and your amusements. Ex.
20:8-11.
6. Don’t speak to another about
Christ; your pastor should do all that
ikind of work. Jas. 5:20. Don’t speak
to a stranger after services.
7. Insist on your views being
adopted on all questions brought up
before the church, and don’t give in
- for the majority. Matt. 13:12.
8. Don’t join any church society.
Mai. 3:16.
9. When sick, don’t tell your pas
tor; he Is supposed to find out him
self. But tell your neighbors how he
neglected you during your illness.
John 11:3.
Don't be a wrecker; be a builder.
Don’t be a hlnderer; be a^
helper and attend the
FIRST PRESBYTERIAN CHURCH
11 a. m. 8 p. m.
“The Church with a Message"
Alaska T
Steamship Company
Regular Sailings Between Seattle,
Ketchikan, Juneau, Cordova, Valdez,
Ellamar, Liscum, Latouche, Seward
FROM 8EATTLE— SAILS SOUTH—
Nov. 20 .NORTHWESTERN .Nov. 29
NOV. 30. ALAMEDA DEC. 7
DEC. 10. NORTHWESTERN DEC. 17
DEC. 20. ALA8KA DEC. 27
Frequent sailings of freighters carrying explosives.
This schedule subject to change without notice.
F. B. TRACY, Agent
I
y
J- ^PACIFIC STEAMSHIP COMPANY^ _II
Alaska—Washington—California ALASKA ROUTE 1
8afety Courtesy 8ervlce 8peed |
OFFICE EMPRESS BUILDING I
WEST BOUND SOUTH BOUND
LEAVE CORDOVA LEAVE CORDOVA
DEC. 31. WATSON . DEC, 16
Three Sailings per Week from Seattle for San Francisco, Los An
geles and 8an Diego. For further Information call
L. A. COUNTS, AGENT Res. Lathrop Apts.
Phones: Office 223, Residence 2 23—2 rings.
I
Copper River and
Northwestern Ry.
Trains leave Cordova for Chitina Monday and Thursday.
Trains leave Chitina for Kennecott Tuesday and Friday.
Trains leave Kennecott for Chitina Sunday and Thursday.
Trains leave Chitina for Cordova Tuesday and Friday.
y
Dining Car in Connection with all Regular 1
Passenger Trains between Cordova and Chitina.
Freight received and delivered at Cordova I
Wharf from 9 a. m. to 5 p m., except Sundays.
Tickets on sale at Second Street Depot office
uiie hour before departure of trains.
uALEB CORSER Superintendent
D. L. LEATON, Ticket Agent
^=====z============:==============
THE NORTHERN CLUB
FRED HAEF, PROP.
POOL, CARDS, TOBACCO
Soft Drinks of All Kinds
The Popular Corner
PHON-E 47 CORDOVA, ALASKA
p™ -I'1 — **" ■■ m 1 ■ i ■ - - - <
__ «>
1 TRAPPERS TRADERS I
SHIP TO
GEORGE R. GOSHAW Inc
DEALER IN
RAW FURS
8EATTLE NEW YORK
Alaska Building 127 W. 27th 8t.
Ship direct to New York for highest prices paid for Raw
Furs. Your shipments are handled by expert graders and New YoS
market prices are paid on correct grading the day received. If de
sired, your shipments will be kept separate, in order that our prices
may be approved by you. Providing that our valuation does not prove
satisfactory, the Furs will be returned to you, transportation charges
prepaid. Ship by Insured Parcel Post or Express. Ship in a dry
condition. Always inclose an itemized list of contents with name and
address. All payments are made by check on the Seattle National
Bank, or in any other manner desired. Special instructions, if any, to
accompany shipment.
SHIP NOW
_. a
Send the Saturday Times to a Friend Outside
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