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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Feb 20, 1919
Page
15
Thomas H. Ray outlines calculating excess profits and war tax for a sample corporation with capital 1.5 million and net income 875000. The excess profits credit is 125000, tax brackets yield 101,850, plus war tax 197,600 total 197,600. The method for 1919 changes note abolishing the war tax.
The Baron describes a perilous journey to the Cape of Good Hope with Lions attacking camps. He encircles tents with tar and gunpowder, detonates it, drives off predators, then treks into a vast desert where a swift sandstorm buries their encampment. The voyage resumes tomorrow in the Post.
The new law abolishes the excess profits tax for individuals and partnerships and applies it to corporations only with personal service exceptions. It defines two tax types for individuals and for corporations, outlines exemptions including $2000 for domestic corporations and mining exemptions, and explains credits for excess profits and war taxes based on pre war income and invested capital.
In Philadelphia on February 19 a group of Japanese sailors in the United States Navy were naturalized in Federal Court under the May 1918 law. Judge Thompson stated that any man fit to fight for the country is fit to be a citizen. One sailor has served 82 years in the Navy.
Seattle February 19 The Emergency Fleet Corporation committee led by Director General Piez says shipyard workers must resume their posts under January 21 wage-raise conditions before the government will consider their demands.
Protestant churches announce sermons and visits across New York and nearby cities. Professor Fidmunds of General Theological Seminary will preach at Church of the Advent. Albert C. Dieffenbach speaks at First Parish Brighton and March 2 on The Efficient Life. Washington lectures planned at Advent and St. Paul. Bishop Hughes to arrive in New York after France inquiry. Willmott preaches on The Fatherhood of God. Mrs. Briggs and two Baptist missionaries sail for the Orient March 11 from San Francisco.
Basle Feb 19 German troops on the Lithuanian front surprised Bolsheviki and captured the town of Muhajievo near Shavli on Saturday according to a Libau report received here.
Feast days for the coming week include Sunday St Peter Damian Monday St Matthias Tuesday St Tarasius and the Passion of Our Lord Wednesday St Neston and St Margaret of Cortona Thursday St Leander Friday St Oswald and St Romanus. lectures by Rev Robert Swickerath on The Christian Home arranged for Feb 23 and March 2 at St Marys North End. Fr John C Hart to conclude What Catholics Ought to Know of the Sacrament of Penance next Sunday at Immaculate Conception Church with The Debt to Be Paid. Whist parties to aid St Josephs Church School Chambers Street organized by Aurora Girls Marian Brophy Molly Grady Frances McCarron Anna Coakley Helen Chipman. St Marys School Alumnae whist and dancing Feb 27 Stillman Street North End.
Washington February 18 exports in January valued at 623 million dollars, the highest month in U S history. January imports were 213 million, yielding a 410 million dollar trade surplus for the month. Seven months ended January total exports 3 798 billion, versus 3 450 billion a year ago.
The Canopic arrived in New York with 84 officers and 1201 men of the 1624 Infantry of the dist Division. Also aboard were 184 casualty officers and men and 4 naval officers and civilian employees.
Open Nostrils End A Cold or Catarrh promotes Ely's Cream Balm as instant relief for head colds and nasal congestion. It says a small bottle clears air passages, soothes inflamed membranes, and stops snuffling and headaches with fragrant antiseptic healing.
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