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This newspaper page contains 5 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Apr 05, 1914
Page
16
Treasury experts say farmers with incomes over 4000 must compute net income from gross receipts including farm products wool hides and sales minus operating expenses and necessary repairs. The article notes the tax code's complexity and the risk of perjury for false returns.
The article outlines allowed deductions for farm operations including depreciation of machinery at 10 percent annually on a $100 cost, while noting non deductible items such as family living expenses, medical and rent for personal use. Farmers may deduct farm-related supplies and fertilizer costs but not their own labor or livestock feeding costs.
The United States begins naval aviation development with Pensacola Florida as the first step. The naval aviation station grows with Hangars four, eleven flying boats, and the battleship Mississippi as station ship. Captain M L Bristol leads aeronautics in Washington and Pensacola personnel include Lieut Cmdr Maastin Roper Towers and others.
The article outlines the assignment of Paymaster J H Gunnell and Captain Bristol to naval aeronautics at Pensacola. It describes voluntary aviator service, abstinence requirements, and an expansive plan including six permanent hangars, dirigibles, boats, a hydrogen plant, a meteorological observatory, and a shipboard catapult trial. Pensacola is praised for climate, harbor, rail access, and ample government land to support facilities and staff housing.
A foreign science summary discusses the sea floor, describing two vast parallel Atlantic valleys and deep subsea features. It notes depths over five kilometers, a submerged landscape shaped by ancient waters, and a subsurface rise between the Azores forming a sill between basins.
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