The Abilene Reporter-News (Abilene, Tex.), Vol. 61, No. 235, Ed. 2 Tuesday, February 10, 1942 Page: 8 of 12
twelve pages : ill. ; page 21 x 16 in. Digitized from 35 mm. microfilm.View a full description of this newspaper.
Extracted Text
The following text was automatically extracted from the image on this page using optical character recognition software:
Tuesday Evenir
PAGE EIGHT
Tune in nn KRRC
THE ABILENE REPORTER-NEWS
Tuesday Evening, February 10, 1942
Hope deferred maketh the heart sick: but when the desire cometh, it is a tree of life. - Proverbs 13:12. — Hope
elevates, and joy brightens his crest.--Milton.__________________________________________________________________
Time Troubles
The average grownup is little affected by
the earlier rising hour. He may gripe a little
about it, but after a few days he will settle
down to the new routine and never notice
the difference. That is, during the spring
and summer; next fall and winter, with
shorter days, the earlier rising will be no-
ticeable.
Business is adjusting itself nicely to the
new war time. For most of them, including
all newspapers, it is absolutely necessary to
observe the time schedule set up by the
federal government, since all lines of com-
munications are governed by it.
We have heard some complaint from
school patrons because of the earlier starting
time of the public schools. Their argument is,
that a growing child needs all the sleep he
can get, and while ha can still get his normal
amount under the new arrangement he
misses the sweetest sleep of all—that be-
tween dawn and broad daylight. This atti-
tude may not be unmixed with a bit of
parental selfishness, for many families stay
abed until sun-up the year round. Having
to get up earlier to get a child off to school
may not set well with late risers. However,
there may be some merit to their viewpoint,
and we are sure that after a thorough trial
of the new schedule the school authorities
can make whatever adjustments may be
necessary. That is a matter for patrons and
those in charge of the schools. At first blush
it doesn't seem that a later clock time for
starting the day's school work would be out
of line.
After they get used to it, most grown-ups.
will prefer earlier rising. It is the best part
of the day—the early morning hours.
is confident that if it can be done they will
do it.
But if they are crushed finally by an ava-
lanche of men and metal they will have ren-
dered a tremendous service to the anti-axis
cause. But for their valiant stand, an entire
Japanese army, less a few thousand garri-
son troops, would weeks ago have descended
upon Singapore and the Dutch islands. It is
probable that by this time the Japs would
have taken both Singapore and the island
of Java, for the army tied into knots by Mac-
Arthur would have been free to throw its
weight in the scale against the defenders of
those bastions of democracy. Our men on
Bataan, white and brown, have given the
United Nations more time to assemble and
transport needed reinforcements for the
strongpoints, and this fact will prove to be
a decisive factor in the struggle.
Theirs is not a sacrifice, but a heroic con-
tribution to the winning of a war.
TO WIN THE WAR
State Funerals
They called him Germany’s greatest build-
er. He built the Siegfried Line in record
time. He built the Reich's vast system of
autobahnen—the fine concrete roads which
gave the wehrmacht unparalleled facility of
movement in all directions. Then, nearly
two years ago, he became head man in the
production of munitions.
He was Major General Fritz Todt, and
over the weekend it was announced that he
had met death in an airplane accident on
the Eastern front while carrying out his
... military tasks. The announcement ended as
so many others of similar import are ending
these days: “The fuehrer ordered a state
funeral.”
The natural disposition is to jump to con-
clusions, a form of wish fulfillment. Many
other top Nazi generals have been killed,
demoted or otherwise removed in recent
weeks Those who died were given state
funerals by their fuehrer, a circumstance
that may carry an ominous implication. Italy
gave Balbo a state funeral, too.
But in Todt’s case there is food for
thought in the circumstance that many hours
before his death was announced the Rus-
sians had asserted-that Nazi artillery had
practically ceased to be an important factor
on the Eastern front, due to loss of heavy
guns and a shortage of shells. It was Todt's
job to keep the guns and shells moving to
the front.
A dictator tolerates no failures for any
cause. Either a man delivers or he dies. Von
Fritsch, von Reichenau, Udet-the list grows
longer. Their friends and relatives must find
something sardonic in the fact that the fueh-
, rer of dead men winds up every obituarv
with the phrase, “the fuehrer has ordered a
state funeral."
Other Viewpoints
Acid Test for Democracy
From the Emporia Gazette:
We noticed in the papers that Canada is
complaining because certain munitions in-
tended for Canadian volunteer troops in
Hong Kong were deflected and given to Gen.
MacArthur in Manila. On the same page
we heard the startled, frightened cry of the
Australians that their troops were fighting
in Malaya when they are badly needed at
home. The rising murmur of protest is au-
dible in the United States because our troops
are being sent to the Far East, not to Manila
but to defend strategic bases attacked by
the- Japanese. The Japs are hurrying madly
to conquer the eastern coast of China and
I the islands stretching southward through
the Philippines to Australia. When one’s
own soldiers, one's own home, one's own
| colonies are in danger, it is hard to see the
| great war in the Far East as one individual
struggle for democracy. Yet that is the truth
about this war. However we feel about it we
must defend “freedom everywhere” or lose
it at home.
Cranium Crackers
- HALL OF HEROES
Many names already’ in this war have join-
ed the list with John Paul Jones. Sergeant
York and others. Identify these new Ameri-
can heroes.
1. John D. Bulkeley.
2. James P. Devereaux.
3.
4.
5.
Colin P. Kelly.
Thomas J. H. Trapnell.
Douglas MacArthur.
Answers on This Page, Col. 5
If we still had parlors the expected tire
shortage would lead to parlor dates, if there
were any boys at home to date.
The question before the house is where to
get the money to buy it.
It isn’t the noise of the baby’s crying at |
night—it’s the upkeep!
The Abilene Reporter -Hem
A TEXAS 2-44, NEWSPAPER
Published Twice Daily Except Once on Sunday
■ ■
Their Greatest Hour
What Churchill said of the English at the
height of the battle of Britain can now be
said of MacArthur and his men on Bataan
and at Corregidor: This is their greatest
hour.
There are unmistakable signs that the
showdown has come. Can a comparative
handful of Americans and Filipinos hold out
much longer against the incessant assaults
of from 200,000 to 300.000 of Japan's best
troops, now equipped with heavy siege guns,
tanks and all the other paraphernalia of
warfare?
MacArthur's men have already won im-
perishable glory there. Can they perform
new miracles of valor and stall the enemy's
most ambitious efforts indefinitely?
That remains to be seen. Every American
Published By the
REPORTER PUBLISHING CO.
North Second & Cypress, A bliene, Texas
TELEPHONE: DIAL 1271
Entered as Second Class Matter Oct.
14 190P at the postoffice Abilene Texas,
under the Act of March 2nd, 1879
2*
TRON Pars—Rr Car or Morning
UnaorFuenine and sunna 17 n
Frenin ■ ’
HEEB Main *. Texas Morning and
Nun day or Evening and Sunday 70c .
Mllu on th Other Rates on Request "
____________________________Members Of Associated Press
Any erroneous reflection upon the enaracter standing .
===
"tue, ^ -^
- - -= =====
REMEMBER PEARL HARBOR
MORE 06 IM/2—
AVP Ftwee OF THESE—
orr PIpF pee
BUY DEFENSE SAVINGS STAMPS AND BONDS
War Brings Flood of Substitutes
By JACK STINNETT
WASHINGTON—It’s an ill war-
wind that doesn’t blow up a lot of
new sources for raw materials.
The story of rubber has stretch-
ed so thin that it won't stand re-
peating. The same holds true for
tin
I could write a ream about what
is happening to peanuts The goob-
er crop in 1942 is going to be stag-
gering and all because the oil that
presses out of peanuts is becoming
very valuable.
loon and ship cables, cargo nets,
etc.
Nearly every one who owns a
pillow with that "silk cotton'' stuff-
ing takes kapok for granted. It
not only stuffs pillows, mattresses,
1 furniture, walls (it’s a valuable in-
| sulation material >, but its real im-
j portance is in stuffing life pre- 1
servers Most of it, until now, has
I come from the Netherlands Indies
‘ and the Orient.
With the present emergency,
i kapok has been discovered
I could fill this column with a
pretty exciting yarn about quinine. |
Ninety percent of the world’s sup-
ply comes from the Dutch East In- !
dies
If this is finally cut off the
United States will have on
hand a two to five year supply,
depending on wartime demands
for the cure of malaria—but by
that time might pull its syn-
thetic laboratory substitutes
up to such a level that ns
more from the Indies will ever
be needed.
What I mean’is that no discus-
sion of new raw material sources
ever can be complete, but aside
from those products mentioned
there are some sources being dis-
covered in South America that
may change the economy of the
Western Hemisphere.
For Instance, there is “Manila
rope." which comes from “Manila
hemp" which isn't hemo at all.
but abaca, a fibrous plant
It Is a native of the Philip-
pines and until that source was
shut off, supplied the world's
most satisfactory rope, with
the United States, Great Brit-
tain and Japan, the No. 1, 2
and 3 buyers in the order nam-
ed.
Now it is discovered that Pan-
ama can do just about as well by
abaca as the Philippines and aba-
ca plantations there are spreading
to such an extent that the Ameri-
cas may soon have no worry about
where they will go for their bal-
Small But Dangerous Filipino 5th Column at Work
By THOMAS M JOHNSON
NEA Service Military Writer
WASHINGTON, Feb 10.—
Our most dangerous Fifth Col-
umnists today are neither Ger-
mans, Italians nor Japanese.
They are the small venomous
proportion of anti-American
Cubans. Puerto Ricans and es-
pecially Filipinos in this coun-
try
Doubly dangerous bec
unsuspected, they are -
Uy undermining our
by espionage in
forces and sabr-
tories—and
Japan.
Ther
. to the lower classes of Manila.
DANGEROUS
Chapter 11
STILL ALIVE
"After that," MacDonald con-
tinued. "the lights went out all
over the plant and there was the
very devil to pay."
"What happened?"
The foreman shrugged. "Don t
ask me. We’ve had short circuits
before but nothing to put out the
whole works. When I got to Staf-
ford, he was staggering like a t.p-
sy sailor and white as his own
ghost. But he’s still alive. Or was
last time I saw him. They've got
him in there now," and he pointed
his pipe stem at the closed door.
For an hour, no one would tell
Sharon how seriously Torn was
hurt. Nurses hurrying by smiled
vaguely or were crisply noncom-
mittal. Finally, they said she
could go in for a few minutes.
Only a night light burned in the
room as she tiptoed in. For a mo-
ment, Tom didn’t stir. Then slow-
ly he opened his eyes, recognized
her and the ghost of his old grin
flickered across his white face.
"Hello," he said, his voice like
a faint echo.
"Don't talk.” Sharon crossed to
the bedside. "You're supposed to
be very quiet."
‘Why?' He raised an eyebrow
at her. "I’m not hurt. Just jolted
up a bit—and still a little scared."
"Are you in pain?"
"If I said ‘yes’ would you stay
and hold my hand?”
Smiling, Sharon laid her hand
into his. "Don't you ever take any-
thing seriously?”
"Absolutely. I take you very
seriously."
"Don't you know you saved a
man's life at the risk of losing
your own?"
“A hero! See. I told you I was
worth knowing.'’ He pulled her
down toward him. "Heroes always
get kissed by pretty visitors. You
may be the first."
Laughing in spite of herself.
Sharon brushed a kiss against his
forehead, drew away.
"Well—’’ grimacing, “as a kiss
that wasn't exactly Grade A. But
it will have to do until I can really
show you the technique" He still
held her hand firmly in his. "Look,
my wild Irish rose, will you have
dinner with me tomorrow night?
I’m still pretty jittery or Id make it
tonight too, but—”
"Jittery! Why you are—you may
be seriously—*
"Oh, no I’m not." Torn shook his
head. "I may be a hero but I'm
BLONDIE
BY
ELEANOR
ATTERBURY
"Why—yes.” •
“Get a taxi and come out here
as quickly as you can. Don't men-
tion this to anyone unUi you’ve
talked to me Understand?"
“Yes, Mr. Gocdwin.”
Shaken. Sharon ran
broad marble
cruising taxi,
pushed slowly
steps.
Then,
down the
hailed a
as they
through down-
town traffic, she tried to quiet the
unreasoning fears that barked at
the heels of her every thought.
Mr. Goodwin had sounded so
angry. More than that — so
alarmed. What had she done now
to incur his disapproval?
FORGIVEN
Harvey Goodwin opened the door
himself. Sharon's anxiety had
mounted with the elevator that
lifter her to the luxurious pent-
house, but she relaxed a little as
she read the smiling forgiveness in
his face.
"Hello, Sharon," he said, hands
thrust deep in the pockets of his
handsome maroon brocade lounge
coat. "I owe you an apology. Your
news startled me and I was an-
noyed to think I’d failed to warn
you against using public phones."
Her smile still a little uncertain,
Sharon murmured. "I should have
known that, myself. I just didn’t
think."
"I guess it did no harm this time,
so forget it. Sit here, won’t you?"
and drew an armchair toward the
fire roaring on the hearth.
And although the wind had been
sharp outside. Sharon was more
relieved to thaw the fright that
had chilled her for the last half
hour.
"Now," he said, "tell me what
happened."
While she repeated, as nearly as
she could, Mr. MacDonald’s ac-
count of the accident, Goodwin
paced the long drawing room rest-
lessly. When she finished, he came
to stand before her, face a graven
image, eyes searching hers with-
out seeming to see her.
"You say MacDonald saw it
happen *
"Yes. He said Peterson had been
warned not to—"
"Stafford was up on a ladder
when he saw what Peterson was
about to do?”
"Yes."
"And he jerked out of reach?"
Sharon nodded, trying to see
where his questions were leading
her.
“After that, he fell from the
ladder?" Goodwin pinned her at-
tention with his steady gaze
“Yes — he lost his-balance.
grounded himself, and got the full
jolt of 440 volts. The wire snapped
out of his hand and then the lights
went out."
WEDON’T M
KNOW WHAT
TO DO WITH <
OURSELVES ,
WED
AS
. O
SCORCHY SMI
THE GREAT DUN
PUT BEHIND BAR
COULD NOT KEEP
PENNED UP LIKE
CRIMINAL/ 1 E9
NO ONE WILL EV
WHERE 10 FIND
(THEREFORE..
growing wild in Brazil Ecua-
dor. Peru and the Dominican
Republic. It’s practically there
for the plucking.
Almost all the tung oil, so im-
portant in paints, varnishes, rain-
When a scarcity of vegetable
| dyes began to develop, not only for
I use in fabrics, but for coloring but-
ter. cheese and cooking oils the
United States discovered annatto.
More than half a million pounds
of annatto came into the country
I last year from the Dominican Re-
public and Ecuador.
Wax from the Carnauba
palms of Brazil is now going
into shoe polish floor polish,
floor polish, phonograph rec-
ords, radio coil coverings and a
dozen other things in daily use
in this country.
Tannic acid is now being ex-
tracted from the querbracho wood
of Paraguay and the Argentine,
for use in tanning American leath-
coats, oil cloth and other water-
proofed materials, has come from |
China. Industrial chemists are
finding that oiticica. a plant that!
j grows like weeds in Brazil provides
an oil that serves virtually all the
purposes of tung oil.
not a dead one. I’ll be out of this
place tomorrow if I have to make
ropes of the bed sheets. We ll go
dancing and I’ll buy you orchids.
That’s a deal."
The nurse rustled in then and -I see. So he fell off that lad-
spared Sharon an answer. "You’d ‘ der,” Mr Gcodwin repeated slow-
better go now, Miss. The patient ly. "But he didn't forget to hold
has suffered grcat shock and that wire until it crossed another,
should rest . . I'll wager. Risked his life—may-
I.ont rest till 1 get out of be. But not for my sake"
here. Tom muttered, releasing her Four workman he
hand reluctantly. I But-it was your workman he
The nurse straightened his pil-
low expertly "She can come to
see you again tomorrow.”
“Hear that?" Tom's eyes teased
her. "I'll be looking for you."
Sharon carried the picture of
I Tom's smile all the war down the
hall to the big, deserted waiting
room Mr Goodwin must be all
wrong about him No one would
risk his life, injure himself no
I one knew how badly just to save
saved" Sharon defended Tom
stoutly. “What was Peterson to
him?”
the life of his enemy What was
ers and supplying important ingre-' the die 01 n15 enemy. What was
:Peterson to Tom? Just another of
Goodwins employes. No one moti-
vated by a desire to destroy stop-
ped at a mere human life! Torn was
dients in American medicines.
It may take time, generations,
but if the guns ever thunder in
World War III the Americas, north
and south, shouldn’t have to wor-
ry about any of the raw materials
known today.
Chinese Food Expert
By BOB MUSEL
United Press Staff Correspondent
NEW YORK —(UP)— The only
white woman registered with a
Chinese tong in this country is
Mrs Florence Pike, an attractive
Boston matron.
Her name is recorded with the On
Leongs, which probably accounts
for the fact she has been permitted
to Invade the tightest racial mo-
nopoly in the nation—operation of
a Chinese restaurant
There are white stockholders in j
restaurants with Chinese cuisine but
Mrs Pike is actually a boss. She
hires the help, consults on the buy-
ing. arranges the decor and does
myriad other things that—as far as
she knows—no other white person
has done in the same business
singer, was recovering from pneu-
monia.
Mrs. Pike and her husband, Joel,
were in the house-wrecking business
in Boston and used to patronize a
little spot run by Mrs Ruby Foo
"Her cusine was North Chinese
and different from the Chinese
food we used to get," Mrs Pike said
"When we got out of the wrecking
business I suggested that a restau-
rant with Ruby’s cusine would do
well in New York
"We were a couple of hicks, and
green in the business. Why the land-
lord of this place didn't even want
to give us a lease. We followed out
no enemy to the steel industry—or
anyone else.
She went directly to a phone
booth and called Mr Goodwin's
home again. This time Goodwin
himself answered.
"There’s been an accident at the
plant," she began at once. "They
were installing the new—"
"Where are you phoning from?"
Goodwin interrupted sharply.
"The Good Samaritan Hospital.”
"A public phone?”
“A perfect opportunity to make
a hero of himself so we wouldn't
| suspect him.”
| “Suspect him! Of what?"
NEW ANGLE
"Look here. Sharon. Be logical!"
He pulled up an ottoman, sat down
before her. "Stafford wants to slow
up production. He wants especially
to sidetrack this particular ship-
ment of valves to the L. A. airplane
factory we’ve been trying to rush
through. He figures if he can focus
our attention on his having risked
his life to save Peterson, we won’t
notice or wonder about a short
circuit that burned out all the wires
in the plant! A delay that will cost
us at least 48 hours and some fout
hundred cases of valves.” He push-
ed back the cttoman. stood up
abruptly. "I say that’s not bad |
for a day s work "
“But — what do you wonder I
about that short circuit?"
"My dear Sharon. Every college
See SERIAL, Page 12
Your Federal Income Tax
(2-10
/ NOW SHUT
YOU’VE GOT
THOSE DOO
OF 1
LIFE’S DARKE
my ideas—handsome decorations.
English speaking boys, white linen
and careful service.
. e . . "We called it Ruby Foo's in honor
When I saw Mrs Pike in Ruby of Ruby. Now she and I are build-
Foo’s on 52nd St. one of her four ling a two level place in Washington
restaurants, she had just come back D C.—the upper floor as a night
from the coast where her daughter, club. I have a Ruby Foos in Miami.
Bernice Parks, a talented night club too.’
FACTS ly a NUTSHELL
WHO MUST FILE A RETURN Every
| single person having a gross income of
$750 or more every married person not
living with husband or wife and having a
gross income of $750 or more: and mar-
ried persons living with husband or wife,
who have an aggregate gross income of
$1,500 or more
WHEN MUST RETURNS BE FILEDT
For the calendar year 1941, on or before
March 16. 1942 For the fiscal year on
or before the 15th day of the third month
following the close of the fiscal year
WHERE AND WITH WHOM MUS’T
INCOME TAX RETURNS BE FILEDT in
ductible.
Loss of property by theft or burg-
lary is an allowable deduction, and
need not be incurred in trade or
business. Hence, the loss occasioned
by the theft of jewelry or an auto-
mobile used for pleasure and con-
venience is deductible It must be
established however that the prop-
erty actually was stolen Should cir-
cumstances attending the loss leave
‘he owner in doubt as to whether It
the internal-revenue district in which the
person lives or has his chief place of nu»l- OS stolen or lost, the claim would
ness and wtih the collector of Internal' not be allowed
the
s agi-
an Influ-
Common-
Manuel Que-
her Filipino lead-
• aort of anarcho-
ey have caused riots and
oodshed. Recently their lead-
der Beningo Ramos, after ex-
ile In Japan has used Japanese
money, but be has confined it
* MUTTERINGS BY
"THE GANG”
But more lately, on the Pa-
cific Coast, in a few large mid-
western cities, and in several
parts of greater New York, a
few Filipinos, mostly of unsav-
ory repute, have been mutter-
ing to any who would listen
that United States can’t defend
the Philippines and they had
better join Japan's New Order
for Greater East Asia Such .
talk is always traced back to
"The Gang."
Now The Gang" is disclos-
ed as an American branch of
the "Ganap." a new name for
the Sakdalistas, which hides a
new, more aggressive policy.
With Japanese money, these
renegade Filipinos have mo-
bilized themselves as a secret
army for the defeat of Democ-
racy and white influence in
Asia The main body helped
Japans invasion of Luzon.
General MacArthur caught two
score of its leaders and now
holds them in the bowels of
Corregidor But the advance
guard, undetected, has only
lately infilterated into this
country.
Today “The Gang" has near-
ly 5000 members in continental
United States ana the number
is growing Already they are
helping Japan by supplying in-
formation about movements of
American troops and ships
They are trying to recruit
some of the Filipinos with
whom the Navy lately replaced
its Japanese, cooks and mess-
boys They have their spies
among the many Filioinos vol-
unteering to fight the Japa-
nese. and to work in munitions
factories. There they are trying
not only to sabotage or slow
production but also to steal
weapons for "The Gang," all
of whom are to be armed.
The new Fifth Column tries
to recruit for its furtive ranks
not only more Filipinos but
any and all possible men of
Spanish blood including Fran-
co Spaniards; Fuerto Rican Na-
tionalists Mexicans, and Cubans.
To fight Anglo-Saxon Liberal-
ism. they plan to send spies to
both the American and British
West Indies and there, here,
everywhere, try to arouse the
horrid spectre of race hatred.
Already they are trying to in-
flame American Negroes against
in United States
the whites As catspaws of the
Japanese, "The Gang," is re-
viving that German hope of
1917 which led to the capture
of the notorious spy Pablo
Waberski while trying to stir
up mutiny among colored
troops The plot failed dismally
then, and would fall now. when
the morale of the Negro troops
is officially rated second to
none
CONCEALED
KNIFE THRUST
They are clever at concealing
their knife-thrusts at our war
effort There is one apparently
quite harmless organization— a
"social club" Like many such
organizations in theee pelerinf,
free United Statee. it “throws
partlei" Perfectly respectable
parties, where young men and
women of Filipino Puerto RI-
can or other Latin American
background can get together,
dance and enjov themselves
But beneath the surface gai-
ety, members of “The Gann"
are all eyes and ears to see or
hear evidence of anti-American
feeling that will betray a pos-
sible convert.
Sometimes the lure is the
“Numbers racket,” so popular
I among Latin-Americans. Tick-
ets are sold in the darkened
back room of Harlem dives by
men who know how to make
an intended tool rich or poor,
as suits their purpose. Or the
hunting ground may be the
more aristocratic Franco Span-
ish organizations of the Fal-
angistas- still flourishing in
this country. After Pearl Har-
bor. one pretended to cease
r operations—but it only pretend-
ed
"The Gang” are malignant and •
devious and dark in their ways;
but they are only a tiny frac-
tion of our Filipino and Latin-
American population, who are
generally loyal and dependable
Already some of them, and
some Negroes, are proving this
by giving the authorities. In-
formation about the new Fifth
Column which should make
possible its defeat without
arousing hysteria
Answers to
Cranium Crackers
It was quite a while before she
won the confidence of the Chinese.
Mrs Pike admitted It was a grad-
ual process Almost before she
realized It little obstacles disap-
peared from her path and it be-
came quite easy to get the authen-
tic ingredients she had had to battle
for earlier.
Mrs. Pike is now an authority on
Chinese food
"That reminds me," she said. "I
wound an old recipe, dating back
3000 years I got all the ingredients
and put them together and what do
you think It turned out to be"
"What?”
“Gefuillte fish!’
Questions on Editorial Page
manded tiny torpedo boat which
slipped into Jap-held harbor and
sank a 5000-ton enemy craft.
2. Capt. James P. Devereaux
commanded 400 Marines who held
out 14 days against Jap forces on
Wake Island.
3. Capt. Colin P Kelly lost his
life dive-bombing his plane to sink
a Jap battleship. J
4. Maj. Thomas J. H Trapnell,
former West Point football star,
won distinguished service cross for
single-handed feat of setting fire
to Philippine bridge while enemy
guns blazed at him.
5. Gen. Douglas MacArthur gal-
lantly commanded United States
Questions on Editorial Page I forces holding out against Japs in
1. Lieut. John D. Bulkeley com- Philippines.
revenue
HOW DOES ONE MAKE OCT HIS IN-
COME TAX RETURNT By following the
detailed Instructions given on the income
tax blanks Form 1040 and Form 1040A
(oplinna simplified form)
WHAT IS THE TAX RATE* A normal
tax of 4 percent on the amount of the net
income in excess of the allowable credits
against net income (personal exemption,
credits for dependents, interest on obliga-
tions of the United States and earned in
come credit) in the computation of the
normal tax net Income: and a graduated
surtax on the amount of net income in
excess of the allowable credits (personal
exemption and credits for dependents:
against net income in the computation of
the surtax net income.
NO: 32
LOSSES FROM CASUALTIES,
THEFT. AND WAGERS
To be deductible, a loss arising
from "fires, storms, shipwrecks, or
other causalty" need not be con-
nected with the taxpayer's trade or
business. If his home or his auto-
mobile is destroyed by fire, or his
summer bungalow damaged by flood
or storm, he may claim a deduc-
tion for the loss sustained
A loss occasioned by damage to an
automobile maintained for pleasure
where such damage results from the
faulty driving of the taxpayer or
other person operating the auto-
mobile. but is not due to the willful
act or negligence of the taxpayer,
is a deductible loss in the compu-
tation of net income If damage to
a taxpayer’s automobile results from
the faulty driving of the operator
of an automobile with which the
automobile of the taxpayer collides,
the loss occasioned to the taxpay-
er by such damage Is likewise de-
Losses from wagering transactions
are allowable only to the extent of
the gains from such transactions.
A loss is deductable only in the
yer • in which It is sustained, even
thoush. as in the case of a theft or
casualty. It may not be discovered
until a later year Losses compensat-
ed for by insurance or otherwise, of
course, are not deductible. However,
In the event the amount of insur-
ance is not sufficient to recompense
for the loss sustained, the excess of
the loss over the amount of the In- ■
surance Is deductible.
In general, losses for which an
amount may be deducted for income
tax purposes must be evidenced by ]
closed and completed transactions,
fixed by identifiable events, bona
fide and actually sustained during
the taxable period for which claim-
ed For instance, a person possess-
Ing stock of a corporation cannot
deduct from gross income any
amount claimed as a loss merely on
recount of shrinkage in value of
such stock through fluctuation of
the market or otherwise fn the case
of an Individual the loss allowable
in such cases is that actually suf. .
fared when the stock is disposed of
If any securities (that is, shares of
stock in s corporation and rights to
subscribe for or to such shares) be-
come worthless during the taxable
year and are capital assets, the
loss resulting therefrom shall, for
income tax purposes, be considered
as a loss from the sale or exchange,
on the last day of such taxable year
of capital assets.
♦HI!
LEFTO
FROM
LADIE
PART
Upcoming Pages
Here’s what’s next.
Search Inside
This issue can be searched. Note: Results may vary based on the legibility of text within the document.
Tools / Downloads
Get a copy of this page or view the extracted text.
Citing and Sharing
Basic information for referencing this web page. We also provide extended guidance on usage rights, references, copying or embedding.
Reference the current page of this Newspaper.
The Abilene Reporter-News (Abilene, Tex.), Vol. 61, No. 235, Ed. 2 Tuesday, February 10, 1942, newspaper, February 10, 1942; Abilene, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1635274/m1/8/: accessed July 17, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Abilene Public Library.