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The Exeter Advocate, 1920-5-27, Page 3SUMMARYOF TAXATION MOTiONS IN DOMINION PARLIAMENT Five Per Cent. Increase on incomes of $5,000 and Upwards —Motor Car Duty Increased to 15 Per Cent—Customs Duty of 7 1-2 Per Cent. Removed—We-aring Apparel of Specified Price Taxed 10 Per Cera. Taxes on luxuries ranging from 10 to 50 per cent. of purchase price. Tax of one per cent, on sales of manufacturers, wholesalers, jobbers and importers, but root on sales by retailers; sales of food and coal ex- empted from, tax. Excise tax on • passenger automo- biles increased from 10 to 15 per cent, Increased excise duties on beer, wine and spirituous liquors. Increase th stzunp taxes on bills of exchange and promissory notes for more than $1:00. Increase in taxation on incomes of $5,000 and upward. Tax of two cents per share on stock transfers. Business profits war tax continued, but at reduced rates. War customs duties of Vae per cent. ad valorem repeeled. Estimated revenue for new taxes, $100,000,000. EsEirnated loss of revenue from re- peal of x s 30000,000, Net increase in revenue expected, $70,000,000, The following is a summary of the taxation proposals; Luxury Taxes--7.s,ri per cent, of the total purchase grin cn boots and slices costing over S9 a pair, ineree and boys' suits costing over $45 each, men's and women's overcoats costing over $50 each, fur coats and robes over $100 each, women's dresses over Playing Carda—Twenty-flve cents a pack on cards selling at wholesale rates not over.1'25 per gross packs, and 50 cents a pack on eards above $25 per gross packs. Beers, Wines and Spirts—Increase in excise duties on beer of 30 cents a gallon, non -sparkling wines 30 cents a gallon, spirits $2 a gallon, and on sparkling wines $3 a gallon. Motor Cars—Exeise tax on Can- adian manufactured and imported cars increased from 10 to 15 per cent. Sales Tax—One per cent. on the sales of all manufacturers, wholesale dealers, jobbers or importers (not re- tailers). This tax net to apply to large list of essential foodstuffs, cat- tle foods, anthracite or bituminous coal, or to goods exported. Stamp Duties—Existing tax on cheques continued, but rate increased on bills of exchange and promissory, notes. Two cents for bMs of $100 or lees, and two cents for each additional $100 or fractional part thereof. Stamp duties on patent medicines, etc., henceforth to be affixed by manus facturer or imposter, instead of re- tailer, as uow. Films—A tax of 15 cents for each day used abolished because of the ieequality of incidence as between small and large theatres. All the above taxes are effective from Wednesday, the 19th instant, Income Tax—By last year's legisla- tion income taxes payable this year on 1919 income were very substan- tially raised. A further general ad- dition to these taxes of five per cent. is now added, on incenses of $5,000 and up, to be effective this year. In future, income tax returns must be accompanied by a cheque for a least 25 per cent. of the whole of the amount estimated to be payable. I r:aid in instalments, interest at six per cent. is to be charged, and paymen in full is required within six months after return is made by means of three equal hi -monthly instalments Heavy penalties are provided for in correct returns. Business Profits Tax.—Present tax is modified by increasing the oxemp tion allowed from 7 to 10 per cent and changing- the schedule .of taxation to the following: On profits in excess of 10 per cent on capital, but not exceeding 15 per cent., tax will be 20 per cent. On profits in excess of 15 per cent on capital, but not exceeding 20 per cent., tax will be 30 per cent. On profits in excess of 20 per cent on capital, but not exceeding 30 per cent., tax will be 50 per cent. On profits in excess of 30 per cent on capital tax will be 60 per cent. For small businesses with capital of not less than $25,000 and under $50,000, 20 per eent. on all profits ex- ceeding 10 per cent. will be taken instead of 25 per cent, as at present Under legislation of last session the maximum scale of business tax is in effect this year, and the modified tax will apply to 1920 profits, taxable in 1921. Tariff Changes.—The 7% per cent. War Customs duty is taken off all re- maining items. Last year the 5 per cent. British preferential war tax was entirely removed, as well as the 711se on food, 'clothing, agricultural imple- ments, etc. The War Customs duties imposed in 1915 are now entirely re- moved. SIR HENtre DRAYTON Minister of Famace, who has just is- sued his first Butlect. $45, women's suits over $60, and on hats, hose, neekwear, shirts, purses, and gloves costing above certain speci- fied figures, as well as on some other wearing apparel, all fans, opera cloaks, ivory -handled cutleryeeet glass ware, velvet and silk fabrics, lace, ribbons, silk embroideries and sporting goods. Also on trunks over $40 each and valises, suitcases, etc.'over, $25 each. This ,tax to be paid by the purchaser to the vendor at time of sale. Ten per eente on pleasure boats, yachts, canoes, and, motor -boats, eameras, candy and confectionery, chewing gum, firearms, shells or cartridges, pianos, organs, musical 'instruments, and plated ware adapted for household use. - This tax payable at the time of sale by Canadian manu- facturer or when imported. Twenty per cent. of total purchase price on such articles as oigar and cigarette holders and. pipes costing over $2.50, humidors and other equip- ment for smokers, hunting, shooting and riding garments, fancy pocket- knives, gold, silver, ebony and ivory toiletware, jewelery, articles of silver adapted for household or office use, fur wearing apparel (except as men.- ; toned above), liveries, Oriental rugs, expensive carpets, curtains, easel chan- deliers. This tax payable by the pur- chaser at time of purchase. Twenty per cent. on mechanical player pianos, geaphopfiones and me- chanical musicalinstruments and re- cords Used therewith; 50 per cent. on articles of gold for. household use, Latter twotaxes being payable at time of sale by manufacturer or when imported. - t eral weeks ago. Shoes that were sell - f ing at $20 are now offeredat $11.65.. A woman's suit priced at :S245 may bel t had for $100 less. Men's clothing has dropped in pro-, portionBlue h 1 $50 are advertised at $28.50. Palm ' Beach suits have dropped from lasti year's price of $20 to $12. Collars that climbed to 30 cents are 'being of- fered as low as 21 cents. A despatch from Chicago says:— . Owners of department stores in scores of cities announced price reductions in men's and women's apparel, ranging from 20 to 50 per cent., while in some places shoes and other articles were cut. • SECOND ANNIVERSARY OF THE ATTACK ON ZEEBRUGGE. Photo shows the Lord Mayor of Dover ringing the bell which had been erected on the Mole by the German.s, but after the Armistice, was presented to Dover by the King of the Belgians, PRICES FALL IN UNITED STATES Everything Except Food De- clines From, 25 to 75 Per Cent. A despatch from New York says:— Advertisements in newspapers here gave convincing proof of the compre- hensiveness of price deflations in re- tail lines except food. Cuts ranged. from 20 to 75 per cent, with the larg- est reductions occurring in conemosli- ties' classifled as luxuries. Food re- mained high. People must have it and must pay the prices demanded, The current deflation is attributed to the trend of economy that has taken possessiou of the public. Same specific' effects follow: Furs are selling in Fifth Avenue for $75 which were held for 8100 sev-1 NEW AEROPLANE • PLANNED BY FOKKER President Carranza Escapes From Mexico A despatch from El Paso, Texas, says :—President Carranza and Gen. Aguilar have escaped from Mexico, according to information secured here from a eonfidential but authoritative source. They boarded the gunboat Plogresso, the crew of which remain- ed loyal to Carranza, and steamed for a destination that was not disclosed. It was reported Carranza succeeded in getting away with considerable treasure, and that he issued a procla- mation, the gist of which was that he will guarantee.the salaries of all offi- cials who remain loyal to his Goeern- ment. prormAA.....c.n===Aultanv.annaimomlr,Aan. It's a Great Life If You Don't Weaken Its Outstanding Feature is Ab- sence of Connecting Cables. A. despatch from London says:— "The latest airplane designed by Fok- ker the famous Dutch builder, is on exhibition in the Schipbol airdrome here," says a Rotterdam despatch to the Daily News. "Its inventor believes it will revolutionize airplane construc- tion and greatly reduce both the pur- chase price and the costs of flying. "The outstanding feature of the new airplane is that it has no con- necting wires or cables. The wings are supported by longitudinal sleep- ers, which give them the necessary strength. They are consequently very thick—as much as two feet in the centre—and they are further strength- ened by the use of triplex wood in- stead of the customary airplane fabric. The machine is fitted with a single motor of 185 horsepower, but this is sufficient to give it a speed of 170 kilometres an hour (about 10614 miles). Devonshire House, London, Sells for Million Guineas A despatch from London • says The Duke of Devonshire's house in Piccadilly, one of the oldest and most famous in London, has been sold for one million, guineas, according to The Star, to British interests. It is pro- posed to demolish the old place and erect a restaurant, dancing hall and moving picture house. GERMANS BUSY BUILDING PLANES All Factories Operating Dur- ing War Again in Full Swing. A despatch from Paris says:—All German factories which, during the war, turned out airplanes, are now in full swing and are carefully camou- flaging their products. Thus, not one whole machine turned out by any single factory, but all over the coun- try spare parts are assembled, and at a minute's notice could be sent to other parts to be assembled as air- planes. The German Zeppelin works are at present engaged in turning out new powerful airships, while special sheds are being constructed at Friedrich- aften. Other firms are busily engaged building and testing powerful airplane engines. First New Cents Coined; Larger Than 10 -cent Piece! A despatch from Ottawa says:— Canadian cents of the new size were! struck at the i'4int for the first timet on Tuesday. The first two coins mint- ed were presented by the Master of, the Mint to Sir Thomas White, whcei as Minister of Finance, brought ini the necessary legislation last year. The new cent is slightly larger than the Canadian ten -cent piece. Six Shiploads of Sugar cn the Way From Cuba A despatch from St. John, .N.B., says:—Six ships laden with sugar, which W,11 relieve the Dominion's near famine in this commodity, are now en route from Cuba to this port. The boats were held up in Cuba by strikes. More are to follow them. So great is the. quantity of sugar to be laid down here in a few days that the local re- finery has chartered a portion of the extensive Government sheds to store it. Lieut. -Gen. Sir Arthur Currie Who commanded the Canadian forces in Flanders, and who has accepted the post of Principal of McGill University. This is his most recent photo. Markets Of the World Wholesale Grain. Toronto, May 25.—No. 1 Northern, $2.80; No. 2 Northern, $2.7'7; No. 3 Northern, $2,73, in stens Fort Wil., Manitoba oats—No, 2 CW, $1.173; No. 3 CW, $1.1514; extra No. 1 feed, 41,15; No. 1 feed, $1.13%; No. 2 feed, $1.11%, in store Fort 'William, Manitoba barley ---No. 3 CW, $1.79; No. 4 CW, $1.62; rejected, $1.57; feed, $1.57, in stere Fort Ainerican corn --No. 2 yellow, $2.40; nominal, track, Toronto, prompt ship- ment. Ontario oats—No„ 8 white, $110, according to freights outside, Ontario wheat—No. 1 Winter, per car lot, $2 to $2.01; No. 2 do,$1,98 to $2.01; No, 3 do, 41.92 to $1-93,f.o,b. shippingpoints, according to freights. Ontario wheat—No. 1 Spring, per car lot, 82.02 to $2.03; N. 2 do, $1.98 to $2.01; No. 3 do, $1,95 to $2.01, f.o,b. shipping points, according to freights. Peas—No. 2, e3.00, Barley—Malting, $1,87 to $1,89, ac- cording to freights outside. Buckwheat—No. 2, $1,16 to $1.80, *Wording to freights outside. Rye—No. 3, $2.20 to $2,35, accord- ing to freights outside. Manitoba flour—Government stand- ard, $14.85, Toronto. Ontario flour—Government stand- ard, nominal. Millfeed—Car lots, delivered, Mont- real freights, bags included: Braze per ton, $54; shorts, per ton, $01; good feed flour, $3.75 to $4.00. Hae --No. 1 per ton, $30 to $34 mixed, per ton, $25, track. Straw—Car lots, per ton, $16 to $17, track, Toronto. Country Produce—Wholeoale, Eggs, new laid, 52 to 55e; butter, creamery prints, 61 to 63s; do, solids, 00 to 62c; choice dairy prints, 52 to 63c; ordinary dairy prints, 45 to 47c; bakers' 35 to 40c; oleomargarine (best grade), 31 to 37e;'cheese, new, larle, , twins, to ; large, 23.f 3eito 34e; twins, 34 to 34ci maple syrup; 1 -gal, tin, $3,50; 6 -gal. tin, per gal., 43.35; maple sugar, lb„ 33 to 34c. Provisions -Wholesale. Smoked meats—Hams, med., 41 to 43c; heavy, 32 to 3e; cooked, 59 to Ole; rolls, 31 to 320; breakfast bacon, 45 to 50c; backs, plain, 50 to 52e; boneless, 54 to 57e, Cure uieats—iong - to 29c' elear bellies, 27 to 28c, Lard—Pure, tierces, 28 to 284e; tubs, 2811; to 29e; pails. 284/i to 2914e; priuts, 29% to 30e; Compound teem, 27 to 27e; tubs, 2711 to 28e; pails. 27a/ to 281ec; prints, 28% to 29c. Montreal Markets, Montreal, May 25.—Oats, No. 2 C. W., $1.30%; Na. 3 CW, $1,27l Flour, new standard grade, $14.85 to $15.05. Rolled oats, bag 90 lbs., $5,50 to $5.60. Bran, $54,25. Shorts, 461.25. Hay, No. 2, per ton, car lots, $31 to $32. Cheese, finest easterns, 30c. Butter, choicest ereamery, 57 to 58e. Eggs, fresh, 54c. Potatoes, per beg, car lots, e5.00. Live Stock Markets. Toronto, May 25. --Choice heavy steers, $14.75 to $15; good, do, $14 to $14.50; butchers' eattle, choice, $13,50 to 313.75; do, good, $13 to $13,25; do med., $12 to $12.50; do, cone, $10.50 to $11; bulls, choice, $12 to $13; do, good, 310.50 to $11.25; do, rough, $8 to $8,50; butcher cows, choice, $12 to 318; do, good, $10,75 to $11.25; do, com„ $7.50 to $8; stockers, $9.25 to $11; feeders, $11. to $12.52; canners and cutters, $4.50 to $6.25; milkers, good to choice, 5100 to $165; do, rem. and med., $65 to 875; springers, $90 to $165; lambs, yearlings, $15 to $17; do, spring, each, $12 to $16; calves, good to choice, $14 to $16; sheep, $9 to $14; hogs, fed and watered, 420.50; do, weighed off cars, $20,75; do, f.o,b., $19.50; do, do, country points, $19.25. Montreal, May 25.—Butcher steers, choice, $15 to $15.90; good, $13 to $15; med., $12 to $13; corn., $10 to $12; butcher heifers, choice, 812 to $14; med., $11 to $12; cora., $8 to $10.50; butchers' cows, choice, $10.50 to $12.50emecl., $7.50 to $10.50; canners, $5 to $5.50; cutters, $6 to $7; 'butcher bulls, good, $10.50 to 813; is OMIT1 Oil , $8.50 to $9. Good veal, $12 to 514; med., $8 to $11; sheep, $8; thin sheep, $10 to $11; good clipped sheep, $12.50; spring lambs, $10 to $14 each. Hogs, off -car weights, selects, $20.75 to $21.50; sows, 516.75 to $17.50. Hungary Will Sign Peace Treaty at Once A despatch from Budapest says:— Hungary will sign the peace treaty presented to her by the Allies, it is indicated here. Count Albert Apponyi, who strongly opposed the acceptance of the treaty., has resigned from the peace delegation. Always turn a steak by passing a knife under it. Never put a fork into it. "Si 1,400,000 FRENCH KILLED IN WAR Country Lost 57 Per Cent. of Men Under 32 Year of AO. A despatch from Paris eaeuse-s What is perhaps the first coneiee comprehensiie Statement of France's. war losses has just been made by CeP-s tain Andre Tardieste In describiri4e, what he tails "the balance sheet" oti France, Out Tardieu f400.13 that dur- ing the five years of war 8,000,000 ni were mobilized, of whom 1,400,000 were killed, With theft woundi4e France lost 5'7 per cent. of her seen under 32 years of age. Concerning material Ione% Captain Tardieu states that 600,000 houses were destroyed, 75,000,000 acres of arable land laid waste, and 3,000 miles of railways and 25,000 miles of high- ways destroyed. Mines whicli produce ed, 55 per cent. of France's total coal output, were damaged or destroyed; 11,500 factories, which before the war produced 95 per cent. of the woollen goods, 90 per cent. 'of the linen mater- ial, 70 per cent, of the sugar, and 60 per cent. of the cotton goods, were crippled One-third of France's ships were sunk by German submarines. "Service." People of to -day ere fond of catch words. Someone eQUIS a phrase or makes use cif a. little known word, and at once everyone takes it up and &age it, hit-oremis.s, into his conversation. Some of them stick because they are so useful, while many more die overwork inside of a season. One which has been with us a long time and bids fair to stay is "Service." There are public service corporations( service stations for autoists, the sere tyke promised by every progreSsive' firm, and hotels with "the filliest sere ice," On every hand we hear a "service,' but few, very few of us, ever get it. What sort of service does your pleme give? I'd hate to hear you anewer, so I'll hasten on to the mails, the ex- pfess companies, the man that prom- ised you glaea for your window, and the dealer who was going to have your new Mover for you weeks age. Mostly you are still waiting for liveries of of everything prorated. And the much talked of urek:. to the state, where is it? Plenty of men and women to serve en election boards, serve on commissions, that work only one day in the year and that on pny day. Plenty to act on 4nvestigating committees, thousands to make speeels- es and tell what the county needs, but how many to take off their coats and go to work? The trouble with us }III is that we are all looking to get :service and none of us ready to give it, I'll amend that by saying few of us are ready to give it; for a pitiful few among as still have the old-fashioned idea that it is better to give than to receive. Two thousand years ago One eame to the earth who preached a new doctrine— the doctrine that happiness lies only along the line of doing for others. He went about doing good, not eeking money nor fame nor empty honors. He WAS anion; men as One who serves and in every generation sinee thee. there have been a few who have fol. lowed His example. bikr;w• ...,: ....., ) .,„:„A,,,u V. CARRANZA •, A recent picture of the deposed ru474 of Mexico, who has escaped the papol suit of the revolutionists. There are 256 railway stcati... within a six -mile radius of St. Ir ,5S4 Cathedral, while within a tWen v. radius there arez......1._._25.21....wominearly 400. /3 By Jack Rabbit 5INN( .i SOURO .. ov olz . . '. 1 '*142t3IS *WI* , P k , 1....,.....„,.,:r KwAini iiii 1 ,WkS. LAYC-1‘.4`( - N `CINC‘AGE , ... • .. 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