The Canton Herald (Canton, Tex.), Vol. 52, No. 5, Ed. 1 Friday, February 2, 1934 Page: 3 of 8
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FRIDAY, FEB. 2, 1934.
y
PAGE THREE
A JAPANESE PRINCE.
Bandit Quean
Income tax rates for in-
/
WM
898
throne upon the latter’s death
Read all the Ads.
POOL-LEACH WEDDING.
Prices, per yard..
14c, 17c and 20c4
1
JUST RECEIVED!
b
<
/
BUY NOW AND SAVE
7
►
Mayfield Dry Goods Co.
*
a
A FRIEND.
P
l
The young couple will be at
home to their many friends
this year that they were in
1933. The only rates raised
were those of corporations,
and these only in certain in-
date, the penalty for failure
to file is 25 per cent of the
tax due, plus interest.
Failure to receive a blank
is no excuse for failure to
file a return, if one is due.
FIRST SUNDAY NIGHT
SINGING ’CONVENTION
Dresses, only
Regular Line .....
THE LAST WE WILL
HAVE AT THE
OLD PRICE.
9
1
TEXAS SOLON IS
VINDICATED BY
NEW MONEY PLAN
A Large Shipment of
MEN’S HATS
an heir to the throne
SPRING DRESSES ARE ARRIVING
Prices Are Cheaper Than They Will Be Later.
See our extra special Rayon Flat Crepe
MEN’S OXFORDS AND WORK SHOES
Men’s Oxfords from ............. $2.49 to $8.95
Men’s Work Shoes ......... $1-50 to $4.95
The Brands—Peters, Walk-Over and Stacy-Adams.
INCOME TAXES
ON SAME RATE
AS FOR 1933
Pictures of Bonnie Parker, girl
companion of Clyde Barrow, Tex-
as’ will o’ the wisp bandit-gunman,
are rare. Here is a photo of Bon-
nie taken before she turned wild
woman, though you couldn’t tell
it by the picture. The guns were
toys, however, and perhaps Bon-
nie, herself, didn’t know that her
garb and gats foretold her career.
.................. $2.49
$395 to $12.95
9
W
THE CANTON HERALD
48
February Specials
SILK FLAT CREPE AND PRINTED SILK
Pure Silk Flat Crepe, solid colors, 38-in. wide. 75c
New Printed Silk (not rayon), 38-inch wide... 89c
______(These Prices Good to Feb, 10 Only.)_______
PRINT CLOTH
Beautiful assortment of 36-inch Print Cloth,
73
on the A G. Norman
farm in the Orio communitv.
for indi-
CONGRESS BACKS UP
PRESIDENT’S PLANS
Great rejoicing throughout
Japan followed the birth of
a son to the emperor and
empress a few days ago,
which gave the island empire
Y
Ny
which the country had pray-
ed.
The new prince is the fifth
child of the young royal
couple, the four others, of
Constinated 30 Years
Aided By Old Remedya m ce JiIU cums.
"For thirty years I had constipa | This writer join in with
tion. Souring food from stomach +h. miltitid. Of thers in
choked me, Since taking Adlerika •no, muipude 01 otners in
I am a new person. Constipation Wishing for this couple
h a thing of the past"--Alc long happy married life.
BATLEADING DRUGGISTS. ""
1901, became regent in 1921
because of his father’s ill
S. P. Hand, a highly re-
spected farmer of the High-
land community, died early
Tuesday morning and funer-
al services were held at the
home at 3 o’clock that after-
noon, the body being laid to
rest in the Highland ceme-
tery. The deceased was aoout
62 years of age and is sur-
vived by his wife and one
daughter, who have the sym- :
pathv of all in their hour of1
sorrow.
, , —,be filed not later than mid-
heaith, and succeeded to the night March 15 After that
3
-
in 1926. His coronation cere-
monies, held in Kyoto durinr
a five-dav period in Novem-
ber, 1928, were most bril-
liant, and attended by digni-
taries from all over th
world.
Because of Japan’s aggres-
sive policies in the Far East,
the empire is morally in bad
repute among the nations
iust now. Many believe the
Japanese attitude may bring
on another major war. The
little crown prince, hapnilv
for him, does not know what
a turbulent world he has
been born into.
0
355338
the 124th emperor of the
present dynasty, whch claims
continuous succession for 2,-
600 years- He may have to
wait quite a while, however,
for his father, the present.
Emperor Hirohito, is only 32
years old.
Hirohito, bom April 29.
The. fourth session of the
first Sunday night singing
convention meets with Wis-
dom Temple class the first
Sunday in February. M. D.
McWhorter, Flint Quartette,
McAlister, Galusha, Lewis,
Steed, . McKenzie, Seale,
‘riest, Pirtle and others are
expected to attend in addition
to the host of good singers
who live in the eastern part
of the county. Arrive by 6
‘clock or stand up. Singing
begins at 6:30 and stops at 9.
R. E. JORDAN, Pres.
A. E. McKIBBEN, Vice-Pres.
MRS. RUBY BOX, Sec.
apparent has been the em-
peror’s brother. , - —
If the baby prince lives urated scale.
succeed his father he will be. Single persons must pay
'income tax on all income of
51,000 or more.
Married persons and heads
of families must pay upon
$2,500 or more income.
Heads of families are allow-
ed an exemption of $400 for
each person totally depen-
dent upon them for the per-
iod of one year.
Income tax returns must
whom three are living, being .
girls. In Japan succession to viduals is 4 per cent for the
the throne is confined to the first $4,000 earned, and 8
male line, and in the absence per cent for all above that
of a crown prince the heir- amount. Surtax rates start
when the income reaches $6,-
[000, and they are on a grad-
Card of Thanks.
We want to thank each
and everyone for the love
and sympathy shown us dur-
ing the illness and at the
death of our baby and grand-
daughter
May God bless you all is
our prayer.—Mr. and Mrs.
Forrest Sides and Mothers
/g
i "
stances.
The tax rate
On Saturday, Jan. 27, at
4 p. m. the beautiful mar-
•iage ceremony was perform-
ed that united Claud Pool
and Miss Hazel Leach in the
holy bonds of matrimony.
Rev. D. II. Pitts, pastor of
Wise Baptist church, per-
formed the ceremony in the
presence of a few intimate
friends, at the home of Mr.
and Mrs. A. G. Norman, in
the Wise community.
The bride is the oldest
daughter of Mr. and Mrs.
Albert Leach and has a
host of friends. She is a
girl with all the character-
istics that go to make the
man, who was so fortunate
in winning her heart, a wife
he will always be proud of.
The groom is. the second-
son of Mr. Frank Pool, is a
bov withap l easing person-
ality that has gained for
him many friends. He is a
boy with a pleasing person-
is ambitious and will make
the girl of his choice a fine
husband.
The bride wore a dress of
wine colored crepe with egg-
shell color trimming.
After the wedding dinner
was served to the guests.
Washington, Jan. 29.—The
success which has been
achieved by the Roosevelt
administration through the
use of the “managed cur-
rency” weapon in the battle
against depression, has
brought profound joy to the
heart of Senator Tom Con
nally, of Texas, one of the
administration advisors whe
helped to frame and pass the
legislation making it possible
Not even President Roose-
velt himself has been more
gratified by the success of
the government’s policy of
buying gold, setting a price
from time to time that wil
adjust the value of he dol-
lar to commodity levels
than the brilliant Texan, who,
as a member of he senate
finance committee, has been
on the “inside” since the
gold-buying program was in-
augurated.
The reason for Senator
Connally's rejoicing is that
his scholarly and analytical
presentation of the “manag-
ed currency” plan, which he
urged the senate to adopt
during the last days of the
Hoover alministration, when
he introduced his famous
“Senate Bill 11111,” almost
exactly paralleling the Roose
velt monetary policv, has
has been fully justified ir
actual practice. Despite the
oriicism of Republican con
servatives, then in power ir
congress, who prevented
passage of Senator Connally's
plan, his keen analysis of
the financial situation, pre-
sented in the senate last
winter, has proved correct in
almost every detail under thr
“new deal.”
A managed currency which
would preserve for all time
an “honest dollar” was the
object of Senator Connally’s
proposal. The Texas senato1
outlined his plan to t
senate just a year ago, in
January. When congress met
in special session, he intro-
duced his bill, which provid-
ed that the gold value of the
dollar be reduced, and that
thereaferits value should be
based on a composite of com-
modity values. The effect is
to stabilize money; that is, if
a farmer contracted a debt
which represented the value
of ten bales of cotton, when-
ever he got ready to repay
it. the amount would still be
approximately equal to the
price of ten bates of cotton
at the then prevailing price.
When the Roosevelt admin-
istration began its “new
deal,” the Connally currency
prorram was prac tical I v
adopted in toto, and with the
powerful backing of the ad-
ministration. it was nut into
effect with the signal success
which has already brought
a definite halt to the down-
ward trend of depression and
raisel the prices of leading
farm commodities, some as
much as 100 per cent.
for dividuals will be the same
The Republicans call it ga
rule—the Democrats, for the
most part, simply smile and
say nothing. Whatever it is,
the Roosevelt parliamentary
technique works.
A major test of Presi-
dential power came early in
the House whe. Democratic
leaders adopted a rule of
procedure whereby no amend-
ment could be offered from
the floor which would affect
the economy sections of the
independent offices bill, then
under consideration, or any
(ther appropriations measure
that would appear during the
session. The rule was un-
precedented—and it passed.
There were heavy Demo-
cratic defections, which re-
sulted in Democratic leaders
working over the maversics
in their party. Result of that
was that a move to recommit
the rule was slaughtered,
240 to 141.
Most dramatic victory
came on January 20, when
the Roosevelt dollar devalua-
tion bill swept through the
House by he colossal margin
of 360 to 40. It is doubtful
if any piece of legislation of
comparable importance ever
carried so fast. Debate was
almost entirely shut off. All
opposition amendments were
shouted down. Dozens of re-
presentatives who admit they
do not understand the pre-
sent dollar policy thorough-
ly, voted for it. The meas
ure has four specific phases.
First, the treasury is giver
title to all of the nation’s
monetary gold stock, includ-
ing that held by federal re-
servee banks.
Second, it fixes 60 per
cent of the dollar’s present
gold content as the maximum
of gold value after revalua-
tion.
Third, it gives the Ad-
ministration a fund of $2,-
000,000.000, obtained auto-
matically from the added
value of the treasury’s gold
after devaluation has taken
place, with which to stabilize
the foreign value of the dol-
lar.
Fourth, it gives the treas-
ury greater power in issuing
and floating government se-
curities, thus simplifying the
great refinancing task that
confronts the federal govern-
ment now. The treasury is
allowed to purchase any type
of government security with
any other type, may sell
issues privately without of-
fering them to the genera!
public.
Main opposition to the bill
is based on the fear of put-
ting so vast a power in one
man’s hands—it obviously
makes Mr. Roosevelt a mone
tary dictator with hardly a
restriction. Supporters of the
New Deal claim that is
what the country wants-
that it is essential to recov-
ery that the President be
given free rein.
"The Best Place to Trade After All." Wills Point, T im
FOR SALE—Good sorghum
hav. $10 per ton. See Fattv
McGuire. Route 6, Wills
Point. 9t4p.
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Lumpkin, Ila. The Canton Herald (Canton, Tex.), Vol. 52, No. 5, Ed. 1 Friday, February 2, 1934, newspaper, February 2, 1934; Canton, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1515668/m1/3/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Van Zandt County Library.