University of South Carolina Libraries
Get Ready to Make Income Tas Returns. With the approach cf the period for filing income tax returns-Jan uary 1, to March 15, 1922-taxpay ers are advised to lose no time in the compilation of their accounts for the year 1921. A new and important pro ' vision of the Revenue Act of 1921 is that every person whoso income for 1921 was ?5,000 or over shall file a return, regardless of the amount o net income upon which the tax is as sassed. Returns are required of every single person whose net income was $1,000 or over and every married person living with husband or wife whose net income was $2,000 or over. Widows and widowers and per sons separated or divorced from hus band or wife, are regarded as singl persons. Net income is gross income, less certain deductions for business ex penses, losses, taxes, etc. Gross in come ir.-ludes practically all income received by the taxpayer during the year; in the case of the wage earner salaries, wage bonuses and commis sions; in the case of professional men all amounts received for profession , al services; in the cases of farmers all profits from the sale of farm pro ducts, and rental or sale of land. In the making of an income tax re turn for the year 1921, every tax payer should present to himself the following questions: What were your profits from your business, trade, profession or voca tfcm? Did you receive any interest on bank deposits? Have you any property from which you received rent? Did you receive any income in the form of dividend or interest from stocks or bonds? Did you receive any bonuses during the year? Did you make any profit on the sale of stocks, bonds, or other prop erty, real or personal? Did you act as a broker in any transaction from which you received commissions? Are you interested in any partner ship or other firm from which you received any income? Have you any income from roy alties or patents? Have you any minor children who are working? Do you appropriate, or have the right to appropriate the earnings of such children? If so, the amount must be included in the return of income. Has your wife any income from any source whatsoever? If so it must be included in your return or report ed in a separate return of income. Did you receive any directors' fees or trustees' fees in the course of a year? Do you hold any office in a bene fit society from which you receive in come? Answers to all of these questions are necessary to determine whether a person has an income sufficiently large to require that a return be filed, and may be the means of avoid ing the heavy penalties imposed for failure to do so within the prescribed time. A Royal Palace for Bankers. Figures have just been given out on the cost of the new Federal Re serve Bank building- in New York. These figures are presented in a re ply by the Reserve Bank to the Over man resolution in congress calling for information as to the alleged "amazing waste of public money." In this report it is shown that the New York Reserve Bank is now spending for a banking palace more money than the United States Gov ernment has ever appropriated in any one year for the last twenty years, for public buildings, including cus tom houses, court houses and post offices for all our 48 states. This royal palace of banking is to cost more than $25,600,000. It is to cost more than the combined cost of the White House and the Treas ury Buildings at Washington, and the state capitols of a dozen states of the Union. It is to be luxurious and lav ish in its appointments in its marble and brass trimmings, its gymnasium, its club quarters, its baths, its dining rooms. The fees to be paid to the archi tects and engineers are to exceed $1,000,000. The foundation cost alone is reported to exceed $1,800, 000. We are told by the Baltimore Manufacturers' Record that at a time when the New York Reserve Bank was being authorized to spend over $25,600,000 for this luxurious palace of banking, the total amount of money which six of the twelve Re serve Banks were lending in eighteen states, including all of the New Eng land states, the states of New York, Ney Jersey, Delaware, Pennsylvania, Maryland, Virginia, West Virginia, Ohio, Kentucky, North Carolina, South Carolina, Arkansas, the great er part of Missouri and parts of Uli nois, Indiana, Tennessee, and Missis sippi, and "agricultural and live stock" loans amounted to only $17, 1G7.000, or scarcely two-thirds as much as the sum appropriated for the palace of banking in New York by che Federal Reserve Bank of that city. The Chronicle gives as apt criti cism on this construction the com ment of the Manufacturers' Record: "These facts, which have been taken from the official report of the Federal Reserve Board are indica tive of the spirit which has prevailed in the management of the whole Fed eral Reserve System, from the Board in general control in Washington, nearly, if not all, of the Federal Re serve Banks in twelve cities of the country. Some of the Federal Reserve Banks have perhaps had wiser man agement, but they are a part of a system which has well nigh wrecked the universe financially; and what else could have been expected under a management which permits such amazing.extravagance at a time when the. business interests of the country have been driven to the worst com modity panic in the world's history? The reckless extravagance and wild waste of the people's money in this royal palace or temple of banking can be appreciated from the simple state ment that its cost probably far ex ceeds the cost of any royal palace for emporor, czar, or king, sultan or ori ental prince or potentate in all the world's history. "The criminal folly of building such a structure at the present time in which to house the New York Federal Reserve Bank only serves to demonstrate the unfitness of every man who is a member of the New York Bank Board of the Federal Re serve Board at Washington who has approved, or who has even failed to disapprove of this vast expenditure." -Augusta Chronicle. Public Health Institute in Columbia. Columbia, Dec. 31.-The prospects are for a large attendance upon the Public Health Institute to be held in Columbia January 9 to 14. This is the first school of its kind held in the United States outside of the city of Washington, and hundreds of physi cians and others interested in public health have been going to Washing ton heretofore for the same class of instructions that will be given in Columbia. The sessions will be held in the Town Theatre, which is conveniently located, and?'all tine preparations have been completed.. There will be a spe cial division of the subjects for the women workers who will attend and it is expected that they will constitute a large portion of the Institute. Dr. J. Adems Hayne is the direct or of the division, but the actual pre liminary work has been done by Dr. C. V. Akin who is very much pleased over the prospects. oome of the subjects which will be discussed in all of their phases will be tuberculosis, child hygiene, nutri tion, communicable diseases, admin istrative problems, medical social work and related matters. There will be some important speakers on the program daily and the institute is sure to do a vast amount of good at this time. Columbia is one of the 20 cities in the United States in which these in stitutes are to be conducted during the year, and this city is in the insti tutional cencer for North and South Carolina and part of Georgia. While there are many public health workers who are interested in one or more branches of the great forward move ment, yet there are few who have ever had the opportunity to have all branches of the work presented in this manner, and the Institution in Columbia offers them an opportunity. NOTICE. All persons are hereby warned not to hunt or trespass in any way what soever on the land of W. Luther and Ben Jones, and all hunting privilege previously given by Dr. B. F. Jones is hereby withdrawn. The law will be enforced to the limit against tres passers. MARIAN H. CHILDRESS, Guardian. Jan. 4-4t. NOTICE. Notice is hereby given that the firm of Yonce & Mooney of Edge field, S. C., was dissolved January 1, ! 1922 and the undersigned will not be responsible for any debts contracted in the name of the said firm. W. P. YONCE, Edgefield, S. C. January 3, 1922. J. S. BYRD Dental Surgeon Office Over Store of Quarles & Timmerman Office Phone No. 3 Residence Phone 87 r- i - - -- ?* 13- ?u A Brand From the Burning By REV. GEORGE E. GUILLE J extension Department, Aloody Bible Institute, Chicago. O- t TEXT.-And he said unto Jesus, Lord, remember me when thou comest into thy kingdom. And Jesus said unto' him. Ver ily I s.iy unto thee, Today shalt thou b? with we in paradise.-Luke 23:42. -13. There ls a fountain filled with blood Drawn from Immanuel's veins, And sinners plunged beneath that flood Lose all their guilty stains. The dying thief rejoiced to see That fountain In his day Centuries before the cross It had been written of the Loni Jesus, "He was numbered with the trans gressors". We can understand the shanie ol' crucifix ion with criminals, but the deeper shame of His tak ing the place of criminals is be yond all mortal ken. But. "for the joy that was ?"***- set before him" Ile "endured the cross," and here we are permitted to see Him tasting a little of that joy before the cross is accom plished. He is to have some spoils of His death before that death occurs. How diff?rent the characte?s that appear in Scripture as the subjects of God's gruee. They range from the very best of men. like Nicodemus aqd the Italian Centurion, down to the lowest of the vile, like the one before us now. It would be difficult to find a man In deeper depths of depravity than this thief. Not only condemned to die an ignominious death on account of Iiis crimes but while standing In the very doorway of death, he reviled the Son of God. But, low as he is, he is not beyond the reach of the grace and love displayed In that central cross. He Is just the one In whom they can manifest their triumph. A ray of divine light entered that darkened soul and disclosed his own lost estate and the glory of that Person hanging by his side. The light of that Presence has searched him through. A sinner in the presence of the Savior! The usual result! He confesses his sin, owns the justness of his condemna tion and the spotless humanity of the Lord Jesus, bears this testimony In the face of the hostile world, which, led by Its prince, Is gathered there to reproach God's Son. And thus, a self-confessed sinner, he turns to Jesus with a prayer that ls at once a cordial for thai: fainting heart : "Lord remember me when thou comest Into thy kingdom." \He h^ps?en lt ! Has seen that thts is-the long-promised Messiah, and that though now He ls dying yet He must come back Into His'kingdom, accbrd Ing to all the prophets. And this dying Messiah Is a Savior, for he could not he Ignorant of the meaning of that name: "Call his name Jesus for he shall SAVE." A sinner with nothing but sin as his claim, has cast himself upon the Savior. With what result? When did any sinner, malefactor or moralist, turn to Jesus and not re ceive far more than his faith dared expect? Kar beyond the request of the poor dying man does the Lord Jesus go, as always in lils delight to save, and, In effect, Ile said: I'll do far better for you than that. You have not to wait until I come hack again. "Verily I say unto thee. Today shalt thou be with me in paradise." The believing sinner has passed from death unto life and the Savior's soul is glad ! No questions are asked, no words of reproach are uttered, no reference made to the recent blasphemy, no con ditions are imposed. Without works, except had ones, without external rites of any kind, the dying thief is snatched from the jaws of death hy tho Savior's eager hands. This Is His glory! He ls seeking to save, and waits only for the look or the cry of faith from the sinner that has learned his need of Him. What H miracle of grace! A man wholly unfit to live on earth Is in the twinkling of eye, without question or condition, made flt to associate with the Son of God In paradise. And ITc ls the name wonderworking Savior to day, unchanged and unchanging. None of Ills power to save is lacking. Still He seeks and still glories to sav?. O soul, give Him a chance wPh you. Men like to say of this story of a sinner saved nt the gates of (leith: "There was one such case that none might despair, but only one that none might presume." Let us rather my \ that lt is just a pattern case of sal-j vatlon. outlined In the clenri>st possihle way in connection with Jesus' cross, so that wherever the story of the cross should he told, this story of what happened there must he told too. It Is God's own story. God help men to hear! Union of Praysr. From the day of Pentecost, there has been not one great spiritual awakening, in any land, which has not begun In a union of pras-er, If only two or three. No such outward, upward movement has continued after such prayer meetings have declined; and ll ls In exact proportion to the mainte nance of such point and believing sup plication and intercession that the won! c" rho Lord In at.., locality has had free c<wrse and been glorified. Dr. A. T. Pierson. Let us Print Your iee ii Look about your office and see what you need in office stationery. We are better equipped than ever to supply your printing needs. We have re ceived new type faces and carry a well selected as sortment of paper of all kinds. WE CAN PRINT ON SHORT NOTICE TYPEWEITEE HEADS IETTEE HEADS NOTE HEADS BILL HEADS STATEMENTS ENVELOPES CARDS CIRCULARS CIRCULAR LETTEES MINUTES I CATALOGUES BEIEFS We guarantee satisfaction on every job of print ing we do. Your money back if you are not sat isfied. Mail us your orders or call in person and see the stock we carry and the kind of work we do. OUR PRICES ON ALL WORK ARE REASONABLE ADVERTISER JOB OFFICE