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THE MUSIC TRADE REVIEW
SEPTEMBER
17,
1921
REVENUE TAX DEVELOPMENTS IN WASHINGTON REVIEWED
and life insurance companies; the retention of
the tax on toilet articles and patent medicines,
Sales Tax May Be the Big Card Which the Tax Wizards Have Up Their Sleeve—Finance Com- but making the levy payable by the manufac-
mittee Rewriting Present Laws Instead of Amending Them—House May Not Agree With Senate turers, and the retention of one-half the present
rate on transportation during 1922, its repeal
(Special Correspondence to The Rcvieiv)
the hope of whipping it into shape before Sep- coming January 1, 1923.
The Finance Committee intends rewriting the
WASHINGTON, D. C, September 14.—Proponents
tember 21. There are dark days ahead, however,
of a sales tax have come to the conclusion that for it has been found that the operation of the present laws, instead of merely amending them
they cannot hope for the adoption of their plan bill as now written will not net the Government as the House Ways and Means Committee sug-
within the coming twelve months. Conditions sufficient revenue to meet its needs. Senator gested in its legislation. This will simplify the
in Congress are such that legislation proposing Penrose says that the tax measure must raise matter and preclude the necessity of a search
such a tax as this could not be reached for slightly more than three billion dollars and, fur- through a number of acts to determine the pre-
many months and any effort to push it through ther, that the committee favors the repeal of the cise intent of the law.
would give it increased unpopularity, for it is at excess profits tax as of January 1, last, and the
The Finance Committee has no assurance that
present unpopular with many legislators.
the House will agree to the proposed changes,
lowering of the higher surtaxes.
Leaders at the Capital, in discussing the sales
To make up the proper amount of money the particularly the repeal of the excess profits tax
tax with the writer, declare that sentiment in its Finance Committee proposes a 15 per cent tax as of January 1, 1921, and the signs point to a
favor is mounting and that eventually there will on corporation net income (making up for the big fight against any such action. Secretary
be a direct demand from the people for it as a loss of revenue from the excess profits tax re- Mellon favors this repeal made retroactive and
substitute for practically all of our present-day peal), including personal service corporations the Senate may insist upon its adoption.
taxes. If the plan of Senator Reed Smoot, of
Utah, could be worked out successfully there is
INTEREST IN MUSIC INCREASING
PIANO MANUFACTURERS TO MEET
little doubt but that it would be far more de-
sirable than our present methods. It is the non-
The annual Fall meeting and dinner of the Letters Requesting Advice for Conducting Music
cumulative manufacturers' tax of 3 per cent, and, New York Piano Manufacturers' Association
Memory Contests, Etc., Being Received From
being non-cumulative, it loses the obnoxious fea- will be held at the Hotel Commodore, New York,
All Parts of the Country
ture of the excess profits tax, which mounts like on October 18. Special interest will center
a snowball running down hill.
around the work of the Industrial Commission,
The widespread interest in the advancement of
It is understood that Senator Smoot spent an headed by Walter Drew. Edward Reulbach, who music throughout the country is evidenced from
entire evening with President Harding recently is active on the Commission and has made a the number of letters received by the National
going over the non-cumulative manufacturers' number of investigations into the conduct of Bureau for the Advancement of Music from
tax of 3 per cent with him. It is further under- piano factories, will present reports for the guid- every section of the country. The music mem-
stood that the President has to some extent ance of manufacturers in the efficient conduct of ory contest is meeting with especial favor.
Schools everywhere arc increasing their efforts
been won over to it, though to what extent he their businesses.
to instill a love of music into their pupils which,
favors a sales tax is not known.
A change from the present tax system to the TROY MUSIC CO. OBTAINS CHARTER if the present rate of progress continues, must
be felt by the music trade. Civic organizations
sales tax plan would require a great deal of
work in the Treasury Department in the pro-
The Troy Music Co., Troy, N. Y., has been in large cities, as well as in the smaller towns,
duction of forms and the making of arrangements granted a charter of incorporation in that State, are exhibiting interest, and many newspapers are
for the collection of the tax. In fact, it is said with a capital of $15,000. Incorporators are: devoting special sections to musical news.
that as much as five months would be occupied! Jesse Waitman, J. E. Miltenberger, Jr., Carl
The National Bureau for the Advancement of
in getting the tax collection service in readiness. Schefole, C. A. Lowman and Philip Scherer.
Music is extending every aid' in planning music
memory contests, concerts, etc., where desired.
The sales tax may be said to be the big card
which the tax wizards of the Finance Committee
J. M. Wilcockson, head of the J. M. Wilcock-
hold up their sleeves for the future. The com- son Piano Co., Hammond, Ind., recently opened
E. G. Eulert, of Americus, Kan., is planning
mittee is wrestling with the Fordney tax bill in another store in that town.
to add' a music department to his general store.
ATWOOD
LOADERS
$65.00
F. O. B. FACTORY
Cedar Rapids,
Iowa
INSTRUMENT PARTLY LOADED
INSTRUMENT LOADED
With the Atwood Loader one man can load or unload
a piano in fifteen seconds. Can be attached to any
make of car; to Ford roadster In thirty minutes—
taken off in less time and car used as pleasure vehicle.
Simple and durable in construction and will last a
lifetime.
Weight of piano well to forward on car.
hence a well balanced and easy pulling load.
One Atwood Loader
One Ford Car and
One Man
With the Atwood Loader the grief of loading and
unloading pianos is a thing of the past. Any morning
the salesman can load his piano, single handed. In less
time than it takes to tell it, and be on his way and
stop to demonstrate his instrument at every farm house,
if he so desires, with no more trouble or effort
than to fill the radiator of his car.
will sell more pianos than any
six of the best piano salesmen
that ever walked in shoe leather.
Needn't take our word. Ask
ddglers using them.
Order one today.
in use.
TERMS:—$15.00 cash, balance bill against B/L. Cat-
alogue on request.
SALESMAN
Seward, Neb., July 21. 1919.
The Atwood Piano Loader Co..
Cedar Rapids, Iowa.
Gentlemen:
More than a year ago we purchased one of
your Atwood Piano Loaders. No one will be
able to appreciate its full value until they
have tried it. Bather than do without it we
would be willing to pay twice its present price.
If we could get the help, we would place the
orders for two more.
Wishing you success, we remain,
Very respectfully,
ROBERTS MU8IC CO..
By J. R. Roberts, Mgr.
It will pay for Itself the first day
DEMONSTRATING INSTRUMENT IN
Grand Forks, N. D.. July 23, 1919.
The Atwood Piano Loader Co.,
Cedar Rapids, Iowa.
Gentlemen:
Ship Express another Atwood Loader, at
once.
The one which we have just received has
paid for itself three times now.
Very truly yourg,
POPPLER PIANO CO..
J. A. Poppler, President.
FARM YARD
Hlllsboro, Wis., Aug. 16, 1919.
The Atwood Piano Loader Co., .
Cedar Rapids, Iowa.
Gentlemen:
I have used the Atwood Piano Loader for
several months and find it one of the best
investments a piano man can make.
Yours very respectfully.
C. E. Manhart.
ATWOOD PIANO LOADER CO.
Sallna, Kans.. May 23, 1919.
The Atwood Piano Loader Co.,
220 Third Avenue,
Cedar Rapids, Iowa.
Gentlemen:
We find that the Atwood Piano Loader
gives good satisfaction in every way. It makes
piano moving a matter of ease. It is indeed
a most convenient and satisfactory way to
move a piano.
Yours very truly.
J. W. JENKINS 1 SONS MUSIC CO.,
By J. L. Ludy, Jr.
CEDAR RAPIDS, IOWA