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3HE COLBORNE EXPRESS, COLBOliHE, ONT, THURSDAY, MAY 27, 1920 SUMMARY OF 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--Wearing Apparel of Specified Price Taxed 10 Per Cent. 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 not on sales by retailers; sales of food and coal exempted from tax. Excise tax on passenger automobiles increased from 10 to 15 per cent. Increased excise duties on beer, wine and spirituous liquors. Increase in stamp taxes on bills of exchange and promissory notes for more than $100. 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 War customs duties of 7% per cent, ad valorem repealed. Estimated revenue for new taxes, $100,000,000. Estimated loss of revenue from repeal of taxes, $30,000,000. Net increase in revenue expected, $70,000,000. The following is a summary of the I taxation proposals: Luxury Taxes--1* n per cent, of thi total purchase price on boots and shoes costing ,over $9 a pair, ir, and boys' suits costing over $45 e men's and women's overcoats costing over $50 each, fur coats and r over $100 each, women's dresses Playing Cards--Twenty-five cents a pack on cards selling at wholesale rates not over $25 per gross packs, and 50 cents a pack on cards above $25 per gross packs. Beers, Wines and Spirits--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--Excise tax on Canadian 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 retailers). This tax not to apply to large list of essential foodstuffs, cat-foods, anthracite or bituminous ] erected coal, or to goods exported. Stamp Duties--Existing cheques continued, but rate increased PRICES FALL IN n bills of exchange and promissory; i TATITErr* ct A tcc otes. Two cents for bills of $100 or j UiNUfcJJ 3 1 A 1 co ;ss, and two cents for each additional $100 or fractional part thereof. SECOND ANNIVERSARY OF THE ATTACK ON ZEEBRUGGE. Photo shows the Lord Mayor of D over .ringing the bell which had been the Mole by the Germans, but after the Armistice, was presented to Dover by the King of the Belgians. Stamp duties on patent medicines, etc., henceforth to be affixed by mi facturer or importer, instead of Films--A tax of 15 cents for each day used abolished because of the inequality 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 legislation income taxes payable this year on 1919 income were very substantially raised. A further general addition to these taxes of five per cent, is now added, on incomes of $5,000 and up, to be effective this year. In future, income tax returns must be accompanied by a cheque for at ■ least 25 per cent, of the whole of the amount estimated to be payable. If paid in instalments, interest at six per Everything Except Food Declines From 25 to 75 Per Cent. A despatch from New York says:-- Advertisements in newspapers here gave convincing proof of the comprehensiveness of price deflati GERMANS BUSY BUILDING PLANES All Factories Operating During 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 tail lines except food. Cuts ranged; flaging. the;r products. Thus, not one J 53c; ordinary dairy prints, 45 to 47c: from 20 to 75 per cent, with the larg-j whole machine turned out by any bakers' 35 to 40c; oleomargarine (best -- !n commodi-j sin£rle fact0ry, but all over the coun-\grade), 31 to 37c; cheese, new, large Markets of the World Wholesale Grain. Toronto, May 25.--No. 1 Northern, $2.80; No. 2 Northern, $2.77; No. 3 Northern, $2.73, in store Fort Wil- Manitoba oats--No. 2 CW, $1.17%; No. 3 CW, $1.15%; extra No. 1 feed, $1.15; 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 store Fort William. American corn--No. 2 yellow, $2.40; nominal, track, Toronto, prompt ship-Ontario oats--No. 3 white, $1.10, 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, $1.92 to $1.93, f.o.b. shipping points, according to freights. Ontario wheat--No. 1 Spring, per car lot, $2.02 to $2.03; No. 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, $3.00. Barley--Malting, $1.87 to $1.89, according to freights outside. Buckwheat--No. 2, $1.75 to $1.80, according to freights outside. Rye--No. 3, $2.20 to $2.35, according to freights outside. Manitoba flour--Government standard, $14.85, Toronto. Ontario flour--Government standard, nominal. Millfeed--Car lots, delivered, Montreal freights, bags included: Bran, per ton, $54; shorts, per ton, $61; good feed flour, $3.75 to $4.00. Hay--No. 1 per ton, $30 to $31; mixed, per ton, $25, track. ' Straw--Car lots, per ton, $16 to $17, track, Toronto. Country Produce--Wholesale. Eggs, new laid, 52 to 58c; butter, creamery prints, 61 to 63c; do, solids, . 60 to 62c; choice dairy prints, 52 to Food ] try spare parts a mained high. People must have it and ■ a mmute's notice could be sent to must pay the prices demanded. The current deflation is attributed j p}gnes. other parts to he assembled to the trend of economy that has taken {" Tne German Zeppelin works possession of the public. Seme specific ; preSent engaged in turning out new powerful airships, while special sheds being constructed at Friedrich- effects follow: Furs are selling in Fifth Avenue for $75 which were held for $100 sev- j aften. other firr eral weeks ago. Shoes that were sell- Dunding ing at $20 are now offered at $11.65. j engines. A woman's suit priced at $245 may be I had for $100 less. Men's clothing has dropped issembled, and at!.32* » S? * f *c'°ld' 1 large, 33% to 34c; twins, 34 to 34%c; maple syrup, 1-gal. tin, $3.50; 5-gal. tin, per gal, $3.35; maple sugar, lb.. 33 to 34c. Provisions--Wholesale. Smoked meats--Hams, med., 41 to 43c; heavy, 32 to 34c; cooked, 59 to 61c; rolls, 31 to 32c; breakfast bacon, busily engaged 45 to 50c; backs, plain, 50 to 52c; I, 400.000 FRENCH KILLED IN WAR Country Lost 57 Per Cent, of Men Under 32 Years of Age. A despatch from Paris says:--<. What is perhaps the first concise and comprehensive statement of France's war losses has just been made by Captain Andre Tardieu. In describing what he calls "the balance sheet" of? France, Capt. Tardieu states that during the five years of war 8,000,000 men were mobilized, of whom 1,400,000 were killed. With those wound*df France lost 57 per cent, of her men under 32 years of age. Concerning material losses, 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 highways destroyed. Mines which produced 55 per cent, of France's total coal output, were damaged or destroyed; II, 500 factories, which before the war produced 95 per cent, of the woollen goods, 90 per cent, of the linen material, 70 per cent, of the sugar, and 60 per cent, of the cotton goods, were One-third of France's ships wer» sunk by German submarines. nd testing powerful airplane to be charged, and payment in full is required within six months after return is made by means of J^*1™; B!U6 S6rg6 SUltS th&t three equal bi-monthly instalments. Heavy penalties are provided for incorrect returns. Business Profits Tax.--Present tax is modified by increasing the exemp-I tion allowed from 7 to 10 per cent. First New Cents Coined; SIR HENRY DRAYTON hats, hose, neckwear, and gloves costing abov tied figures, as well as on somi wearing apparel, all fans, opera ivory-handled cutlery, cut gh $60, and or irts, purses t and silk fabri silk embroideries and Also on trunks over valises, suitcases, etc., over, $25 each. This tax to be paid by the purchaser to the vendor at time of sale. Ten per cent, on pleasure- boats, yachts, canoes, and motor-boats, cameras, 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 manufacturer or when imported. Twenty per cent, of total purchase price on such articles as cigar and cigarette holders and pipes costing over $2.50, humidors and other equipment 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 mentioned above), liveries, Oriental rugs, : expensive carpets, curtains, and chandeliers. This tax payable by the purchaser at time of purchase. Tweiky per cent, on mechanical player pianos, graphophones and mechanical musical instruments and records used therewith; 50 per cent, on articles of gold for household use. Latter two taxes being payable at time of sale by manufacturer or when imported. nd 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 cent, on all profits lace, ribbons,! ceeding 10 per cent, will be taken, porting goods.! 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 remaining items. Last year the 5 per; cent. British preferential war tax was' entirely removed, as well as the 7% on food, clothing, agricultural implements, etc. The War Customs duties imposed in 1915 are now entirely removed. advertised at $28.51 Beach suits have dropped from last j year's price of $20 to $12. Collars! A despatch from Ottav says:- that climbed to 3o"cents are being*of-j Canadian cents of the new size we: fered as low as 21 cents • struck at the Mint for the first tin A despatch from Chicago gays;--1 on Tuesday. The first two coins min Owners of department stores in scores $ ^'!re. Pres!nte£ b? the Master of of cities announced price reductic and women's apparel, ranging from 20 to 50 per cent., while in places shoes and other articles President Carranza Escapes From Mexico despatch from El Paso, Texas, says:--President Carranza and Gen. Aguilar have escaped from Mexico, according to information secured here from a confidential but authoritatr source. They boarded the gunboat Pr'ogresso, the crew of which rem 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 proclamation, the gist of which was that he will guarantee the salaries of all officials who remain loyal to his Govern- NEW AEROPLANE PLANNED BY FOKKER Its Outstanding Feature is Absence of Connecting Cables. A despatch from London says:-- "The latest airplane designed by Fok-ker, the famous Dutch builder, is on :hibition in the Schipbol airdrome here," says a Rotterdam despatch to the Daily News. "Its inventor believes it will revolutionize airplane construction and greatly reduce both the purchase price and the costs of flying. "The outstanding feature of the new airplane is that it has no con-j nccting wires or cables. The wings j are supported by longitudinal sleepers, 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 instead of the customary airplane fabric. The machine is fitted with a sinj motor of 185 horsepower, but this sufficient to give it a speed of 170 kilometres an hour (about 105% miles). tie Mint to 5 Thomas White, who, ass Minister of Finance, brought in the necessary legislation last year, g The new cent is slightly larger than J||^Cj[nadian ten-cent piece. Sjix Shiploads of Sugar ' ' on the Way From Cuba A despatch from St. John, N.B., says:--Six ships laden with sugar, which will relieve the Dominion's near famine in this commodity, are now en route from Cuba to thi3 port. The boats were held up in Cuba by strikes. More are to follow them. So great the quantity of sugar to be laid down a few days that the local finery has chartered a portion, of the extensive Government sheds to store Devonshire House, London, Sells for Million Guineas A despatch from London says The Duke of Devonshire's house Piccadilly, one of the oldest and most famous in London, has been sold for million guineas, according to The ', to British interests. It is proposed to demolish the old place and erect a restaurant, dancing hall and ing picture house. 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. Service. People of to-day are fond of catch words. Someone coins a phrase or makes use of a little known word, and at once everyone takes it up ar.d drag* it, hit-or-miss, into his conversation. Some of them stick because they ar« useful, while many more die of overwork inside of a season. On« which has been with us a long tlma and bids fair to stay is "Service." There are public service corporations, stations for autoists, the ser-< vice promised by every pro$rejt*iv» id hotels with "the finest' ser- On every hand we hear of "service." but few, very few of us, ever get it. What sort of service does your phone give ? I'd hate to hear you answer, so I'll hasten on to the mails, (.he express companies, the man that promised you giass for your windows, and the dealer who was going to have your new flivver for you weeks ago. Mostly you are still waiting for deliveries .of everything promised. And the much talked of service to the state, where is it? Plenty of men. and women to serve on election boards, serve on commissions, that work only one day in the year and that on pay day. Plenty to act on investigating committees, thousands to make speeches and tell what the country needs, but how many to take off their coats and go to work? The trouble with us all is that we are all looking to get service and none of us ready to give it. I'll amend that it; for a pitiful few among us still have the old-fashioned idea that it i» better to give than to receive. Two thousand years ago One came to the earth who preached a new doctrine--■ the doctrine that happiness lies only along the line of doing for others. H* went about doing good, not seeking1 money nor fame nor empty honor*. He was among men as One who serves and cutters"' $4J50 To V$6.25;' milkers"! and in every generation since then-good to choice, $100 to $165; do,-com.! there have been a few who have fo% and med., $65 to $75; springers, $90 I lowed His example, to $165; lambs, yearlings, $15 to $17; do, spring, each, $12 to $16; calves, [ good to choice, $14 to $16; sheeD, $9 to $14; hogs, fed and watered, $20.50; do, weighed off cars, $20.75; do, f.o.b.,! $19.50; do, do, country points, $19.25.1 Montreal, May 25.--Butcher steers,! choice, $15 to $15.90; good, $13 to $15; med., $12 to $13; com., $10 to $12;! butcher heifers, choice, $12 to $14; med., $11 to $12; com., $8 to $10.50; butchers' cows, choice, $10.50 to $12.50; med., $7.50 to $10.50; canners, $5 to $5.50; cutters, $6 to $7; butcher bulls, good, $10.50 to $13; common, $8.50 to $9. Good veal, $12 to $14; -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, $16.75 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 ( knife under it. into it. boneless, 54 to 57c. Cured meats--Long clear bacon, 28 to 29c; clear bellies, 27 to 28c. Lard--Pure, tierces, 28 to 28%c tubs, 28% to 29c; pails, 28% to 29%c prints, 29% to 30c; Compound "-% to 28c , 28% to 29c, Montreal Markets. Montreal, Mav 25.--Oats, No. 2 C. W., $1.30%; No. 3 CW, $1.27% Flour, new standard grade, $14.85 to $15.05. Rolled oats, bag 90 lbs., $5.50 to $5.60. Bran. $54.25. Shorts, $61.25. Hay, No. 2, per ton, car Jots, $31 to $32. Cheese, finest easterns, 30c. Butter, choicest creamery, 57 to 58c. Eggs, fresh, 54c. Potatoes, per bag, car lots, $6.00. Live Stock Markets. Toronto, May 25.--Choice heavy steers, $14.75 to $15; good, do, $14 to $14.50; butchers' cattle, choice, $13.50 to $13.75; do, good, $13 to $13.25; do med., $12 to $12.50; do, com., $10.50 to $11; bulls, choice, $12 to $13; do, good, $10.50 to $11.25; do, rough, $8 to $8.50; butcher cows, choice, $12 to $13; do, good, $10.75 to $11.25; do, com., $7.50 to $8; stockers, $9.25 to " feeders, $11 to $12.50; are 256 railway statj< within a six-mile radius of Stv PV' Cathedral, while within a twenty-" radius there are nearly 400. It's a Great Life If You Don't Weaken By Jack Rabbit