HINT INCOME TAX REDUCTION

Heavy Returns with Income Tax Reports

Portend Further Cut In Federal Tax Payments

~~~

  With a flood of the heaviest income tax payments since war times pouring into the treasury at Washington last week with the close of the time of filling tax reports, a cut of several hundred million dollars in taxes by the next congress is virtually assured. The surplus of tax returns for this year will probably amount to $600,000,000.00, it is estimated.

   Secretary Mellon concedes that the surplus on June 30 is likely to pass the half billion mark, though he refrains from making a definite statement. The last official estimate was $383,000,000.00.

    Indications are that the administration in Washington will have a new program of tax reduction prepared before congress assembles next December. Although a long partisan fight is in prospect over the form of the reduction, Washington dispatches say, the congressional demand for a new cut is virtually unanimous.

   Millions pouring into the treasury from March income tax payments assured the largest collection from this source since the staggering wartime rates were abolished. The treasury raised its official March estimate to $580,000,000.00 with indications that the total would go to $600,000,000.00. This would be a gain of $10,000,000.00 over last March. A like increase expected in June – will be counted in with the surplus for this fiscal year, which ends June 30.

   The attempt made in the Iowa legislature to create a law providing for a state income tax in addition to the national tax met with defeat Thursday of last week when the bill of the proposed measure reached the senate. Though it received a 56 to 49 vote of endorsement in the house of representatives, it was indefinitely postponed by the prompt and unanimous adoption of the ways and means committee’s report ……

WILL START SPRING PRACTICE

~~~

High School Football Team Will Begin

Training Next Week in Preparation

For Next Fall

~~~

TO COMPETE IN TRACK EVENTS

~~~

Track Team, Now Training, Will Enter Competition With Other Schools

~~

Will Go to Elliott

~~~

    Spring football practice in preparation for next fall’s football schedule of the Villisca high school will be started next week, according to the present plans of Coach Walter Officer, and will continue during the next few weeks of the school year. The spring practice will be maintained in order that an early line-up on the candidates for the team next fall may be obtained and some of the preliminary work of organizing a new team may be put out of the way.

   Eight members of last fall’s team will graduate this spring, but eight letter men will still be available as a nucleus for the new team. Sixteen players received letters for participation in football at the close of the season last fall.

    The football schedule for next fall has eight games listed, four of which are to be played at home and four away from home. Two dates remain to be filled. The schedule is as follows:

      September 23, Elliott, here

      September 30, Bedford, there

      Otober 7, open

      October 14, Shenandoah, here

      October 21, Lenox, here

      October 28, Red Oak, there

      November 4, Essex, there

      November 11, Clarinda, there

      November 18, open      

      November 25, Corning, here

   Spring track work is already under way, with about a dozen aspirants for distinction in that line of athletics out for daily practice. The training is considerably handicapped, however, on account of lack of a suitable field, and running track.

   The practice is centered largely on jumping and vaulting and on the shot and discus events in the absence of a track, though road work is being done when the weather and roads are favorable. Coach Officer says a happy solution of the need of the athletic department of the school would be the leasing of a football field, around which a running track could be constructed.

   There will be some track competition with other schools this spring by the team which is now being rounded into shape. Several members of the team will be entered in the annual high school meet which will be held in Elliott. 

~~~

MUSCATINE WINS

~~~

   The state high school basketball championship was won by the Muscatine high school team in the final game of the tournament in Iowa City Saturday evening, the winners defeating Burlington by a score of 24 to 21. The two teams were close rivals in the “Little Six” circuit, in which both finished the season with only one defeat each. In the championship game Saturday evening, Burlington was leading by a 14 to 19 score at the end of the second quarter, but well balanced Muscatine team staged a rally and nosed out in the lead at the end of the game.

~~~~

HAD GOOD PATRONAGE

~~~~

   The Girl Reserves of the high school, who served a waffle supper in the high school building Saturday evening, were well patronized, in fact the patronage was better than the girls had anticipated. They used all their food and found it necessary to go to town to purchase an additional supply. They served 150 persons, and their receipts for the evening were $37.50, Visitors to the high school that evening were given as opportunity to go through the new addition to the building.

~~~~

    Mr. and Mrs. P. B. Smith moved Wednesday from the Mrs. E. C. Gibbs residence on West Third street to the John Van Valkenburg residence on West Fourth street.

~~~~

 Margaret Dow is confined to her home with measles.

~~~~ 

FIRE COMPANY CALLED

  The fire company was called Monday afternoon to the A. J. Wertman home on West Fourth street where a blaze was started in the roof by a spark from the chimney. Only a small hole had been burned in the roof when the fire was extinguished, the fire company again demonstrated the efficiency of the chemical apparatus with which the fire struck is equipped.