r
county court notice is hereby given
that there has been filed in said court
the petition of T. J. Gregg, C. R. Hite,
C. G. Henry, R. B. Hooker and N. B.
Wishon, as Directors of Newport Le
vee District, representing that the
improvements contemplated by said
Newport Levee District will be of
material benefit to the real property
within the following bounda
ries, to-wit:
Beginning at the intersection of the
left bank of White River with a line
parallel to and 200 feet distant,
measured in a Northerly direction at
right angles, from the South line of
Section 2, Township 11 North, Range
ist, at a point on the boundary^of
Newport Levee District, said
dary being described and set
forth in Section 1 of Act No. 249 of
the General Assembly of the State
of Arkansas for the year 1917.
Thence Northerly, along the left
bank of said White River, to an in
tersection with a line parallel to anu
1,000 feet distant, measured at right
angles in a Northwesterly direction,
from the center line of the North
bound main line track of the Missouri,
Pacific Railway, formerly the St.
Louis, Iron Mountain & Southern
Railway.
Thence Northeasterly, along a line
parallel to and 1,000 feet distant,
measured at right angles in a North
westerly direction, from the center
line of said Northbound main line
track of the said Missouri Pacific
Railway, formerly the St. Louis, Iron
Mountain & Southern Railway, to an
, intersection with a line 1,320 feet
WAR PROFITEER
PUBLICJMIISANCE
No Extortion to Be Tolerated, but
Liberal Disposition Toward *
Business Needed.
Shrinkage of Values Would Cur
tail Capacity to Provide
Sinews of War.
“Conscription of Men, Conscription of
Money," Analyzed.
By OTTO H. KAHN.
Much Is being said about the plau
sible sounding contention that be
cause a certain portion of the young
SMinbood of the nation has been con
scripted, therefore money must also be
conscripted. Why, that is the very
thing the government has been doing.
It has conscripted a portion—a rela
tively small portion—of the men of the
nation. It has conscripted a portion—
a large portion— of the Incomes of the
nation. Capital and business pay more
than fonr-flfths of our total war taxa
tion directly and a large share of the
remaining fifth indirectly.
11 the government went too far In
conscripting men the country would be
The rich man can spend only a rela
tively small sum of money nn produc
tively or selfishly. The money that It 1*
In hla power actually to waste Is ex
ceedingly limited. The balk of what
he baa must be spent and used tor
productive purposes, Just as would be
the case If It were spent by the gov
ernment, with this difference^ however,
that, generally speaking, the individual
Is more painstaking and discriminating
In the use of his funds and at the same
time bolder, more Imaginative, enter
prising and constructive than the gov
ernment' with Its necessarily bureau
cratic and routine regime possibly
could be. Money In the hands of the
Individual Is continuously and fever
ishly on the search for opportunities
—1. a., for creative and productive use.
In the hands of the government It Is apt
to lose a good deal of Its fructifying
energy and ceaseless striving and to
sink Instead Into placid and somnolent
, repose.
I
There need not be and there should
not be any conflict between profits
and patriotism 1 am utterly opposed
to those who would utilize their coun
i
try’s war as a means to enrich thein
selvea The “war profiteer,” as the
term Is generally understood, Is a pub
lic nuisance and an Ignominy. Extor
tionate profits must not be tolerated,
but, on the other band, there should
be a reasonably liberal disposition to
ward business and a willingness to see
It make substantial earnings.
For taxation presupposes earnings.
Political Announcements
The Independent is authorized to an
nounce the following persons as can
didates for public office, subject to
the action of the democratic party:
COUNTY SUPERINTENDENT
J. M. Balch
Garland E. Land
A. J. Garner
Z. D. Barber
Lehman Thomas
COUNTY TREASURER
W. D. McLain
Charles K. Coe
FOR CONGRESSMAN
Wm. A. Hodges
W. D. Davenport
W. A. Oldfield
FOR COUNTY JUDGE
John A. Melville
R. F. Tyer
W. M. Tims
W. A. Mink
FOR CHANCELLOR
(Eighth District.)
Lyman F. Reeder
FOR SHERIFF AND COLLECTOR.
Terry Guin
J. M. Ivy
FOR REPRESENTATIVE
R. T. Simmons
FOR REPRESENTATIVE
Fred R. Suits
FOR COUNTY CLERK
J. F. Parish
Grover C. Nance
FOR ASSESSOR
1918, and ask to have their title to
said lands quieted and confirmed.
Now, therefore, any and all persons
and corporations who have or claim
any interest whatever in said lands,
are hereby warned to appear and
present their objections at the said
term of court above mentioned and
set up any right or claim they may
have in said lands and show cause
why the said title of petitioners
west oi tne JNorxn ana ooucn v^uaruu
Section line of Section 2, Towrship
11, North, Range 3 West.
Thence North, along a line 1,320
feet West of the North and South
Quarter Section line of said Section 2,
Mo a point on the East and West Quar
ter Section line of said Section 2,
1,320 feet West of the Center of said
Section 2.
Thence East, along the East and
West Quarter Section line of said
Section 2 to an intersection with h
line parallel to and 500 feet distant,
measured at right angles in a West
erly direction, from the center line of
the Chicago, Rock Island & Pacific
Railway track.
Thence Northerly, along a line par
allel to and 500 feet distant, measured
at right angles in a Westerly direc
tion! from the center line of said
Chicago, Rock Island and Pacific
a line parallel to and 1,100 feet North
of the East and West Quarter Section
line of Section 2, Township 11 North.
Range 3 We3t.
f Thence Easterly, along a line paral
taLto and 1,100 feet North of the East
West Quarter Section line of
aaid Section 2 to an intersection with
a line parallel to and 200 feet dis
tant, measured at right angles in a
Northwesterly direction, from the
Northwesterly right of way line of
the Missouri Pacific Railway, for
merly the St. Louis, Iron Mountain &
Southern Railway, at a point on the
boundary of the Newport Levee Dis
trict, said boundary being described
and set forth in Section 1 of Act No
249 of the General Assembly of the
State of Arkansas for the year 1917
Thence in a generally Southwesi^r
ly direction, following the said boun
dary .of said Newport Levee District
as described and set forth in Sectior
1 of said Act to the point of begin
ning.
And praying that the boundaries of
a«d Newport District be extended so
aTto include the territory lying with
in the boundaries above set forth.
All persons owning real property
located within the boundaries ahov
set forth are hereby notified to an
• . i v _ t_pAnniu Pniirf r»n
ptSiAC MI WlIU wovnow** ~ -^
the,2Sth day of March. 1918, and show
cause why said petition should no*
be pranted and the boundaries of said
Newport Levee District should not be
extended as nrayed for thei’eln.
Given under mv hand, as Clerk n‘
the Jackson Count.v Court, an^ nt th«
direction of said Court, on this the
23rd day of February. 1918. I
J. F PARISH.
2T3 d12t . County Clerk.
Subscribe far Tbe Independent
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crippled. If It went tor far lr con*
scripting Income* and earnings the
country would likewise be crippled.
Results of Conscription of Capital.
I would ask those whr would go
further and conscript not only Incomes,
but capital, u answer the riddle not
only In what equitable and practicable
manner they would do It, but what the
nation would gain by It?
it Is true that a few years ago a
capital levy was made In Germany but
the percentage of that levy was so
small as to actually amount to no more
than an additional Income tax and that
at a time when the regular Income tM
In Germany was very moderate as
measured by the present standards of
Income taxation.
Only a trifling fraction of a man’s
property Is held In cash. If they con
script a certain percentage of his pos
sessions in stocks and bonds, what
would the government do with them?
Kee* them? That would not answer
Ms purpose, because the government
wants cash, not securities
Sell them? Who Is to buy them when
every one’s funds would be depleted?
' If they conscript a certain percent
age of a man's real estate or mine or
farm or factory how Is that to be ex
pressed and con verted Into cash?
Are eon scripted assets to he used as
b basis for the Issue of Federal Re
serve bank notes? That would meas
gross Inflation with all Its attendant
evils, dangers and deceptions.
Would they repudiate p percentage
of the national debt? Repudiation is
no less dishonorable In a people than
In an individual, and fee penalty for
failure to respeci the sanctity of obli
gations is no different.
The Thrifty Would Be Penalised
The fact Is that the government
would gain nothing In the process of
capital conscription and the cowwtry
wouhl be thrown Into chaos foi the
time being The man who has saved
wovld be penalized, he who has warned
would be favored Thrift and consiruc
M»c effort, resulting In the needful and
fructifying accumulation oi owjmai,
wnald i>» arrestwl and lastlhfgir dla
coutoged
■
i atm understand the crude notl<»n of
the man who would divide all posses
sions sunnily There would he mighty
unis coming to any one hy such distrl
iiiirtun and it is of course, an utterly
iiupossihla rhuvg to do. hut It le an un
derstandable notion. But by the con
fiscation of capital for government use
neiibet the government nor any Indi
vidual would be benefited
A v%orously progressive income tax
Is both economically and socially
so unit A capital tax is wholly en
aoundand economically destructive.
U may nevertheless become neces
sary l|i the case of some of the belliger
ent cPua tries te reeort to this expedi
ent hut 1 cm conceive of m situation
likely to arise which would mak» 11
aecedkary or advisable In this country.
More thaa ever would soeh a tax be
be ruff id In tlmea of wst and post-bel
lum reconet ructloa. when beyond almost
all offnw things It ki essential to stimu
late production sad promote thrift, and
I when everything which tends to have
tbs opposite effect ebeuld be rigorously
rejected as detrimental to the nation’s
strength sad well-being.
There la m astonishing lot of haay
thinking on the subject of tko uses of
: eapital la tko kaado of lta ewnem.
, , . .
Oui credit structure is based upon
values, and values are largely deter
mined by earnings. Shrinkage of
value.' necessarily affects our capacity
to provide th< government with the
sinews of war.
The Conscription of Men.
Reverting now to the subject of the
conscription of men, 1 know 1 speak
the sentiment of all those beyond the
years of young manhood when I say
that there Is not one of us worthy of
the name of r man who would not
willingly go to fight If the country
needed or wanted us to fight. But the
country does no' w*ant or call Its en
tire manhood tr fight. It does not
evA call anywhere near Its entire
young manhood. It has called or In
tends to call In the Immediate future
perhaps 25 per cent of tts men be
tween twenty and thirty years of age,
which means ^ probably about 4 per
cent of its total male population of all
ages But It has called from Incomes,
business profits and other Imposts fall
ing principally on the well to de ap
proximately ninety per cent of our
war taxation, not to mention the con
tributions to the Red Cross, the Y M.
C. A. and ether war relief activities
Let me add In passing that the chil
dren of the well to do have been taken
for the war in proportionately greater
numbers than the children of the poor,
because those youug men who are
needed at home to support dependents
or to maintain essential war Industries
are exempted from the draft
Our Laws Favor Sons of the Poor
The draft sxemption regulations dls
criminate net as in former wars, in
favor of the rich man's son, but in
favor of the poor woman's son.
l realize bu* too well that the bar
den of the abnormally high cost of
living, caused largely by the war.
weighs heavily Indeed upon wage earn
e»s and still more upon men and wo
men with moderate Salaries. I yield
to no one Ip my desire to see every
thOng done that is practicable to have
that burden lightened. But excessive
taxation on capital will oot arcoui
pllsh that; on the contrary, it will
tead tr intensify the trouble.
Taxation must be sound and wise
and scientific and cannot be laid «■ h
haphazard way or on impulse o» ac
rorrflng te considerations of |Kilitics
otherwise the whole country will suf
fer History ha* shown over and ovei
again liiat the laws of economics can
not he defied with Impunity and that
tli« resulting penalty toils upot all
secti•us and classes
The question of the Individual n not
the one that eounts. The question is
not what sacrifices capital sltould and
would he willing to bear If ratten npon.
I*n v\4at taxes It is te the public ad
vantage to Impose
I do not say aP this to plead fot a
reduction of the taxation on wealth or
in order te urge that nr additional
taxes he Imposed on wealth if need he.
There la no limit to the burden which
ia time ef stress and strain those
must be willing to bear who can af
ford ft except only that limit which is
imposed by the consideration that tax
atton must not reach a point where
the business nativity of the country
becomes crippled and Its economic
muiitbrlum •* thrown Sht ef gear, be
cause that would harm every element
of the commonwealth and diminish
the waranaklng capacity of the nation.
—
'
! *
WAR SAVINGS STAMPS
ISSUED BY THE
UNITED STATES*
GOVERNMENT .
War Savings Stamp
Limit Club
A List of Those Who Have Taken file
Limit—$ 1000—of War Savings Stamps 4
i:
■ ■ 1 »■1
u. j. rMance
FOR CIRCUIT CLERK
R. W. Bandy
FOR CONSTABLE
(Union Township)
C. M. Ivy
Ben Sandmon
FOR ROAD OVERSEER
(Richwoods Township)
Mark Cole
FOR ROAD OVERSEER
(Bird Township, Eastern District) j
R. A. Wilson
FOR ROAD OVERSEER
(Western District, Bird Township)
Walter Cole
FOR CORONER
T. J. Mooney
NOTICE OF CONFIRATION.
In the Jackson Chancery Court,
May Term, 1918.
Node Francis and F. M. Francis, ex
parte, Petitioners,
vs. No. 3260.
E% SW»/i Sec. 3, and N% NWy*
Sec. 10, all in Twp. 10 N., R. 1 W.
Notice is hereby given that Node
Francis and F. M. Francis did on the
21st day of February, 1918, file a pe
tition in the office of the clerk of the
chancery court of Jackson County,
Arkansas, claiming to be the owners
of and in possession of and praying
for the confirmation of the title and
to have the same quieted in them to
"he following described real estate
situate in Jackson County, Arkansas,
to-wit:
The East Half of the South West
Quarter of Section Three (3) and the
North Half of the North West Quar
ter of Section Ten (10), all in Town
ship Ten (10) North, Range One (1) |
West.
And that said petitioners will ap
pear in said court at the May Term,
1918, thereof, on the 27th day of May,
Go Thou and |
_Do Likewise
Mike Denton J. R. Holden
Frank Farmer W. N. Dunaway
W. R. Harvey Bud Graham •. | ^8
A. J. Goetz Chas. G. Henry
James Graham J. L. Bevens
Charles Greenhaw Mrs. A. J. Goetz ^
Dr. Joe Graham Tom J. Gregg P
W. A. Billingsley John F. Gardner ;■ ^
Alcorn Ferguson J. Collison |gj
N. C. Wolff
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