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October 09, 1927 - Image 2

Resource type:
Text
Publication:
The Michigan Daily, 1927-10-09

Disclaimer: Computer generated plain text may have errors. Read more about this.

11111HUl MIJL,
TLE TAX CASE

eegarden Acts As
Sargent's Assistant

Definite Recomninpidation by President g
SExpected Soon; New Problemsis
Clee ase kDbts
EXPEC CANOE IN RATES
By 7 Avd Lawrence
WASHINGTON, Ocet. 8- The ad-f
mnisItration' s' in a quandary,' over
tax ' redue ti ,n. What looked several
montiths'sago'Tike acertainty; now s
anf neertarty.=r Political credit that
was expected to ensue from a reduc-
tion In taxes in a presidential year
mi :rvanish as a possibility if the
d~nauda on the roasuryl ae any-
thing -like 'the discussion :today ind-
Cates.
Bu President Coolidge soon must
write' hs' ainual message to con.-
gjess definitely recommending a
course of action. So also must the
secretary of the treasury frame his
annual report with. recomnendations
on the tax question.
That there will be a revision of the
adminstration' pptli'ns of the law is,
of corse, assured for each year's ex-
pe mends adds "to the sign total of
knowledge on the subject of :tax re-
form and there will be very little con-
troereyabout improving the adnin-
istrative provhdofts of the law.
Look For Clminge
As for the. making of new rates
some changes no doubt will be ad-
vocatedl on 'the theory' that greater
pi'oductivity of revenue is accomplish-
ed ;With the lower than the ;higher}
rate'
The trouble is that the expected
$500400,000 surplus on which tax re-.
'viSioR was to have been based shows
signs of being 'Iabsorbed by proposed
expend~tures for 'ccontrol of Mississippi
valley floods and there projects like
Bioulder' dam which will require .mon-
ey, as will public buildings and the
naval program.
If Mr. Coolidge had his way, there
would be a minimum of expenditure
and some sort of tax reduction. But
he may be unable to stem the 'tide this
time, 'especially as some 'of the ap-
priations like flood corol hardly can
be postponed.
Debt Retrement
For this reason, the word is ,going out
from'. administration quarters- that per-
haps-the country will not insist on tax
reduction and will 'accept debt rtime-
m~'ent' instead.
"Thte latter course proved successful
this' 'year; for while It results indirect-.
ly "in' a 'redudeion, of the interest bur-
4den "which 'the' income tax payments'
liave to meet, 'it also furnishes a buf-
fer for a large or small' surplus. To
cut taxes, however, means making a'
direct estimate on 'future income and
When the surplus' is 1fiely to be small
anyhow, the treasury does not like to
se the tax rates cut;
Politics will play its part in the final
decision' and con'ress will have to
makre up its mind whether it wants to
spnd 'more money this coming De-II
cemnber or 'save it for the taxpayer in
f i e $ r f - e e a e u t o.St u d e n t s i n I a o v e r T e c h , r e c e n t l y ;
celebated the fk, ieth anniversary of I
the' invention of the German automo-
bile by hauling the original machine
from the school museum and driving
270 miles to the home of its invent-
or.f

I 1 1L. 1V11, A VAJ..' A.1k'LL'111- I.
DETROIT ALUMNI BOSTON-Although she -wrecked ther III(IH I:.ANT) PARK, MIC H1.--HI I ~
TO HOLD BANQUET plan1e in attempt to land, T 'hea Rasche, stichool pup'1; ils ( areive ynsu
G the German aviatrix, asca'ped Lnin- credit for "wa lkiing to schiooleer
Th eri ~iest flilisn cl aclub will hold its second a nnu al din--
ner on Wednesday, Oct. 12, in t h:,1 E L L I N
Lln 'D tothtl Th baq e Is-to be given in honor of the class o> '"' e i a T y p ew riter
,2?. By the Month or for the Semester -- Your Choice
The speaking program includes an
address by Professor Oscar J. Campw- Underwood, Royal, L. C. Smith, Remington, and Others
bell of the University English depa rt- eKe hmi re
ment and short talks on football byW epTe'i re
coaches Harry Kipke and 1301)brown. Rider's Pen Shop'
The Campus Glee club quartet. is il~o
included on the progra.m. R P I IN

'jKW"IKPAK LAUNDRY

CASES

Durable and Light
I AlB I, S

1"I L LMI1

COVERElI

i v

Subscribe For the Werely

1113-S.University
118 E. Huron Downtown
Pipes
5,000 of them
The most modern pipe.
"Kaywoody lDrijikless"
Guaranteed to smoke sweet.
-Also-.
Sasceni, Benwades, Ortikis, Mila-
n'3, .-jnderbore, Civic, Dunhills,
Drink] iess.

UN ITED CIG"AR H.UMIDOR"

-~Cigars
Ti you haven't seen our Humidor
in Michigan Theater Bldg., you
haven't:'seen a modern Cigar Stare,
fly"~ i rmti~thA MUi ted Pttes.

Cigarettes

Brands
W~arty
Cigarettes
At IS)Doialty

Tobacco
IF
It Smnokes
We Have
IT

Michigan Theatre BI'd.g
533 E. Liberty John letters
Announcing
the Opening y
of the
United Barber Shop
in
Ann Arbor
r"" h,' CUberty

I

mum"

Harold1 Benson Teegarden
Of Greenville, Ohio, who has begun
work as special assistant to Attorney
General John G. Cargent.

Over 1,000,000 pounds of maple su-
gar were produced in Canada last year.

1

O R'P HE UM
THEAT.'IER ,Y
Tues. and Wed.
We Take Great Pleasure in
Presenting

i

0
4
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0

M4id 1 '1ein1iln attire tree ?n onle eot,,hiioi ndresses complete six ons. Flaming
01s ange pents. finsband and iwife slooiiiiig il hig'hway; S lwldt (.Y 6 hon01e. Newl Yolk
to ]saris iM 331w hours. A I lokcAlled meslory of p10-J:opiy el'wlsy 5004 oies
in ea day, unthlinkable ii eyasn . e drsWolemi r kniceprs (i ei'the tweek-endilli
A' freh sauc Lgir'l, Clara Boiw is an ov r inuih i 'imiisbp llaingthe baby idols
of yesteryear. B1{cau ((este without 'a love !story runs i >; vweeks bill New York nt $21
The luzlilic is !shoppg~ingfor picturesw┬░, 1n01 de(l',, iew t"nd ti hey 'f cry fol. bety,'
color, life, the unusual. And so coin:--, "Meropo];," altuncd isti:,?s brilliankt agie, so
different from anything ecver seen on the screen that it Its sent ertics and public luto
paroxysns of praise.

It's ANew Wor l

ads the .
h mi to?
v
h
!!I r

1

C0313ENMINCTODAY

What-Will
Love Be Like
1,00'Years
From Now!

Engag"emlent
Vow.ted to

..

FATASTIC
FAAU7icI

;lj

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rjL- , - i

the
Brings to you Mother -- and'
you Dead, sister and! brother,-
and every sweetheart
One of the most magnificent, mnolt
magnetic sereen performannces an4
pictures of the year
Here the genius of John Batrrmorc'
rises to its greatest heights
Here !.& regitered genuine eneLlt..
STls is BA RRYMOR'
at 6dA Aepeak of per f eclricio

TEXAS-A~
secure the
mental 'lntr
danger from;
neessity of
named as re
this purp'osal

sment is on foot to
.,huance of depart
it football. The
u~s injury and the
ise traizning er
for the making of

. .

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{ 14
y ,
I7 nr" IgtrtrA /ii" f ea / 'Il4,AICj.,,2
/r ' t r rt'i'erJ J'!la such a
its ,* " eri' eel of!this g'
hes fs rrh~t .. ,

V
4

I met
// , ill I
I 1
J Z1
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C I

Q-
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4

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MARTIN HALLER

FURNITURE-RUGS

112 E Liberty St.

T Ij
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F,

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j+,, ,I
js,
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IBERI SHERW OOD,
fin Life says:-
paid geto oi aaeIhv
azinig pictures as are crommlnedlInto
hrgantic production.

tx"..

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0

POLICY
SUNDAY
7 :Ot0
8:40
Adults, 50C
Children
2i;c

f

ALSO A UNIQUE- ADDED PI104,IAX
Mlchig n Locals Jimmie Adams ,
About town and "iin
up-state MUMM1VIAY"4

News
Scoops
Lattest
Topics

Arcade
Orchestra
Directed by
Rudolph
Lodeesen

O

'4
',;

Wrought of

,,American Lamp
steel, notice the quaint lamp

holder with parchmreiit sae pca

shade. A special

"rn t"A.. .

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