Historical Newspapers of South Carolina

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THREE AND! HALF BILLION CONGRESS ASKED TO PROVIDE THIS AMOUNT IMMEDIATELY. Bond Issue, Increased Taxation on Estates, Large Incomes, Whiskey, Beer, and Tobacco. Washington, April 5.?Congress was asked today to provide immediately $3,502,51 7,000 to finance the war for one year, approximately as follows: For the war department $2,952,537,933. For increasing the authorized strength of the navy to 150,000 men and the marine corps to 30,000, $175,855,702. For other necessary expenditures for the naval establishment at the direction and discretion of the president, $292,538,790. For the coast guard so that it may perfect and bring to a high state of efficiency its telephone system of coastal communication, $600,000. A bond issue, increased taxation, including higher taxes on estates, large incomes, whiskey, beer, tobacco and new methods of taxation probably will be resorted to to raise the huge amount. Unofficial estimates to the federal reserve board are to the effect that the banks of the federal reserve system are in a position to absorb up to $2,000,000,000 of war bonds at /-.n of o roro rkf in foracf nrtt PVPPpH - ing 3 1-2 per cent. Secretary McAdoo authorized the statement that he thought the government would have no difficulty in raising the necessary finances. Doesn't Include Loans to Allies. The estimates calling for the appropriation of money for carrying on the war were couched in general terms. The great total does not include possible loans to the allies, part of the administration's programme as outlined in the president's address to congress and demands upon the country's finances will be increased by whatever - amount it is decided to place at the disposal of the entente governments. Secretary McAdoo said tonight he has received many suggestions from bankers and others and was investigating every phase of the situation. John Skelton Williams, comptroller of the currency, is in New York to consult, it is understood, with bankers there regarding the proposed bond issue. Chairman Simmons, of the senate finance committee, intimated that short term notes might be issued to a limited extent to make immediately available a portion of the sum desired. He said he was waiting on , Secretary McAdoo for suggestions , and thought a plan of action would ( be framed shortly. f Income Tax Amended. Representative Rainey, of Illinois, ranking majority member of the "ways and means committee, which "will have the final say in drafting the war revenue bill before its presentation to the house, declared tonight that the income tax probably would be amended so as to furnish the government with greatly increased revenues during the war. "My view is," he said, "that while the war lasts no man should enjoy an income of more than $75,000 or $100,000 a year and that the govern- ' ment should take all over this amount. We could obtain also $200,000,000 additional annually by raising taxes on whiskey and beer to a level with what they were taxed in England before the war started. "The excess profits tax now in force must graduate, making it heaviest on largest profits. The tariff is impossible as a source of revenue during the war." "* : Jnnnmn .iv oramn. .L*uw ering ui tiimv/uuic ta.\ tion to $2,000 and possibly to $1,500, are among the proposals under consideration. What such action would mean, one official said today, in actual revenue could not be forecast even approximately, because of lack of information upon which to base an estimate. A conservative view was that at the present rate of taxation $100,000,000 would be added to the government revenues; by lowering the exemption to $2,000 some officials thought that the returns would be doubled, bringing the total to approximately $650,000,000. * ? r,,-x ?* increase j ?..v u? Proposals under consideration to increase the federal tax on estates up to 40 per cent, on very large estates would swell the government's revenues, if adopted, by hundreds of millions. The internal revenue bureau of the treasury department is collecting revenues under peace taxes at the rate of $750,000,000 annually. This sum could be doubled or increased by $1,000,000,000 by moderate increases in the tax rates on whiskey, beer and tobacco, the lowering of The income tax exemption of $2,000 a graduated excess profits tax, increased taxes on estates and greatly increased taxation on large incomes. p>i:\zol ix exited states. (ireat Deal Xow Produced for Dyes and High Explosives. | When the European war broke out this country made very little benzol, I because it was cheaper to use substi| tutes or get it abroad, while the local demand was not heavy in any event. The war changed this. Benzol is absolutely necessary in making aniline dyes, and is more largely used in manufacturing high explosives, which have suddenly become important in warfare. Benzol is largely a byproduct of coke, and millions of tons of it go up with the smoke every year. Xow coking plants all over the country, especially in Pennsylvania, are rapidly installing apparatus which make it easy and profitable to conserve the benzol. From manufacturing a small quantity, wnicn was gentian* used to enrich illuminating gas, the country now produces 40,000,000 gallons of benzol a year and will soon be able to provide 50,000,000. This is a pleasing commercial development 011 any grounds, but it will be of the highest importance in case we should go to war. It is a sort of military preparedness which has been going on in a commercial way. It promises to make this country practically independent in the matter of dyes and of explosives, and is capable of almost indefinite extension.? Philadelphia Inquirer. Sundown 15,000,000 Vears Hence. And now comes a London scientist to plunge Pittsburgers deeper still in Cimmerian gloom by telling them the sun will only shine 15,000,000 years longer. Evidently most of his auditors were familiar with the orb of day, but the information was depressing after exhaustive research proved that Pittsburg had the biggest laundry bill of any large city. Pittsburg is a wonderful city, a city of "vim, vigor and victory," but sunlight is not its chief asset, and the daylight saving movement, which is only a cult in some other Pennsylvania locahties. is a religion at the meeting place of the Allegheny and the Monongahela. However, the painful event that is to occur 15,000,000 years hence concerns us all, though there is 110 particular hurry abour making the final arrangements for envoi's funeral ceremonies. We can pass the anxiety on to our descendants, and ihey in turn can make of it a transmitter! dum to their children. Much can happen in a year or a day or an hour, as the cosmic tragedy in progress proves. In all that far-reaching vista that stretches out before the race "ere the last tide fails" there is ample leisure to fashion a new heaven and a new earth. Perhaps before the sunlight dies we shall grow weary of our crowded, noisy planet and relinquish it for an abode on an unspoiled sphere.?Philadelphia Public Ledger. Buys Husband's Cigars. Mrs. Sayle?Why, it is all nonsense to say a woman can't buy her husband's cigars. As for me, I never have the least difficulty. Mrs. Tomm?What's your system? Mrs. Sayle?I just take along a sample stump, and there's never the least trouble about matching the shade.?Answers, London. Through this channel alone, it was thought, approximately $1,000,000,000 annually might be raised for carrying on the war. Plans for the forthcoming bond issue were said, by officials involved, to be purely in a speculative position at present. Popular Subscription. The underwriting of a large proportion of the proposed bond issue by private financial houses, while considered only informally, is understood to be generally disapproved. There will be little difficulty, in the opinion of officials, in obtaining all the money needed by popular subscription. A large proportion of the bond is-1 sue, it was indicated, might be han died through the federal reserve board, which would act as the distributing or fiscal agent for the government, although it was thought unlikely that the federal reserve banks themselves would subscribe for large amounts because of the need that their capital be held in a liquid condition. The 7,500 banks of the federal reserve system, with their $16,000*000,000 in resources, would, it was thought, be abundantly able, if necessary, to take care of one entire year's financing alone, without undue strain. The federal reserve system, it was pointed out. represents only onequarter approximately of the total number of banks and banking institutions in the country, among the outsiders being a number of the big private banking houses of New York. Chicago and other cities. The capacity of the banks of the country alone, to absorb a bond issue, would run far above the $3,500,000,000 required for the year. I I Make Your E tome oee u J / Chalmers 7-Pat What is it that sets Chalmers car I the Chalmers a better va 9 ?some of muc Here are a few reasons. Only a few. Read them. Then come to us and let us prove to you that meaning of the word Quality?in a motor car. Materials I The Chalmers, inch for inch, pound for pound, 11 stands high above the other cars near it, in size or 11 price. I Chalmers selects only the finest raw materials. II For the frame?carbon steel. For the axle shafts ! | and propeller shaft?chrome nickel. For the front 11 axle?drop forged carbon steel. For the motor j! casting ? close-grained gray iron. For the rear | gears?nickel steel, heat treated to secure hardness j and toughness. For the transmission housing? I aluminum alloy. I So it goes throughout the car from end to end. Examine the Chalmers carefully. The deeper you go the deeper you are impressed with the quality of Chalmers materials. Manufacture Chalmers builds "from the ground up" in Chalmers own shops. Motors are Chalmers built, from II rnncrVi rasrinps to the final test. Built with skill, perfect facilities and untold care. Motor The motor is a light weight, high power six. Walls are tested for uniform thickness, to prevent the possibility of distorton and loss of compression. A specially designed intake manifold improves carburetion. Handles fuel economically. Insures easy starting in cold weather. 11 The crankshaft is designed to transmit maximum power of the motor without distortion or vibration, i A one-piece crankshaft of drop forged carbon iteel, heat treated. Noted for sturdiness. Strength. Rigidity. Balanced while rotating at high speed 11 on a special machine. The balancing weights are a unit with the shaft. All of the above means Quality, the car you buy, and the kind of Touring Car, 7-passenger $1350 Touring Sedan, 7-] Touring Car, 5-passenger . 1250 Roadster, 3-pass< (All prices . < #W. D. <& V Distributers Teleplu ??????? I ?? During the war of the Bavarian K H. HENDERSON I I succession, something less than 150 years ago, the question of potatoes AttOIT16y-8>t-J-i3/W became so urgent that the struggle ^ . __ , _ _T ? 14 . . . T_ , General Practice. Loans Negotiated. itself came to be known as the Kart- _ offelkrieg?the "potato war." / Piles Cured in 6 to 14 Days I ~ i Your druggist will refund money if PAZO I PHBHHHBB9BHHBHKS9BSBB9HBI OINTMENT falls to cure any case of Itching, I I ' 3 *** 3:" T>41 ao in Afrtl_ ! 1 I JBIina.ClCCUlUK UI ri?u ww. ,, . RUB OUT PAIN The first application gives Ease and Rest. 50c. . I with good oil liniment. That's Drives Out Malaria, Builds Up System ? the surest way to stop them. The Old Standard general strengthening tonic, Tkc koof ,*?. ; GROVE'S TAS* ELESC chill TONIC, drives out lh_ best rubbin^ liniment IS j I Malaria enriches the blood, and builds up the system" ^ true toc'c- F?r sduits and children. 50c. I I 1^1 I HH ^ U ATTORNEY AT LAW o1 i 8 & ktsl m a^B 6^ H^y H i Office Over Bamberg Banking Co. | . &3 K 8! 1 SSfSS ESS S ;| General Practice ! ~ [f Good for the Ailments of j ! "" Horses, Mules, Cattle, Etc. i The Quinine That Does Not Affect The Heao j I ; Because of its tonic and laxative effect, LAXA- : J! Good for IJOUT own A ches, jTIVEBROMO'QUININE is better than ordinary , j * & # e> ; Quinine and does not cause nervousness nor : rami, Rheumatism, Sprains, j ringing in head. Remember the full name and j Cuts Burns Etc look for the signature of E. W. GROVE. 25c. i See our ntee line of sample box pa )ollars Count ie Chalmers I isenger, $1350 s apart from all others? Why is lue than many other cars h higher price? Transmission and Axles There is quality in the transmission. In the housing. In the gears. With Hyatt quiet bearings. Gears and shafts are made of nickel steel, case hardened. The transmission housing is cast from aluminum alloy. The axles are amply strong to withstand all the stresses of hard service. The front axle is an I-beam drop forging of carbon steel. Spindles are extra large. With Timken roller bearings. A disc protector keeps out dust or grit. Rear axle: light, strong, simple. The identical type used on some of the most costly American and European cars. Frame and Body 'I An exceptional frame. Light and stiff. Sturdy and strong. Made of a pressed channel section. 5 inches deep. 2)4 inch flanges. inch thickness. Braced by 3 cross members and reinforcing plates. A sheet steel body. With frame of select ash. Genuine leather upholstery. Luxurious cushions. I Soft and Deep. High seat backs. Wide seats. Four bow top. ' Covered with Pantasote. Curtains equipped with quick and easy fasteners. I 'V Equipment J Equipment is costly and complete. Westinghouse electric starting and lighting. Willard 80 A. H. Battery. Stewart-Warner Speedometer and Vacuum feed fuel system. Gun metal finish instrument board. Nickeled foot rest. These features indicate the high quality of equipment used ; ^ on the Chalmers cars. ; > j Appearance j Body lines are distinctive. Unique. The radiator is high and narrow. The hood is straight - - rnmmM m ? ? < 4 . ? with an unbroken sweep, 'me wmasmeia is tne popular slanted type. Molded oval fenders harmonize with the body. ' The kind of quality you need in quality you GET in the Chalmers ?J ; . 1 passenger . $1850 Limousine, 7-passenger . . $2550 mger . . 1250 Town Car, 7-passenger . . 2550 d. b. Detroit) ^ . .. F. BRYANT 1 >ne 296 Orangeburg, S. C. i ???? r* A _ _Whenever You Need a General Tonic RILEY & COPELAND Take Grove's Successors to W. P. Riley. The Old Standard Grove's Tasteless ^ ' ???na11w valnahU M A JTJ?n T I gmil AWlHi U JTire, ?ilie I General Tonic because it contains the ' Accident well known tonic properties of QUININB and IRON. It acts on the Liver, Drives > TVSTTPATfCTil out Malaria, Enriches the Blood and Office 2 J. D. Coed's Store Builds up the Whole System. SOcem. BAMBERG, S. C. _| PORTABLE AN D STATIONARY )r. THOMAS BLACK, JR. L Vl 0 I III L % DENTAL SURGEON. T IV II I IV I" Jm Graduate Dental Department Uni- I V I II I? ersity of Maryland. Member S. C. - -nnn tate Dental Association. AND BOIli?RS * 1 ? t -J--U J OU: 1 _ UTtlln Trrion UITlCe opposite new j/ust cmiuc aiiu saw, LjUIii a,uu ouiugie imiio, iujw , rer office of H. M. Graham. Office tors, Pumps and Fittings, Wood " ours, 8:30 a. m. to 5:30 p. m. Saws, 'Splitters, Shafts, Pulleys, BAMBERG, S. C. Belting, Gasoline Engines -jLAKOE STOCK LOMBARD An irrnri7 Foundry, Machine, Boiler Works, . B. UTSEY Supply Store. J* AUGUSTA, GA. 4 LIFE INSURANCE See our nice line of sample box paper. Herald Book Store. Bamberg, South Carolina Read The Herald, $1.50 per year. * ^