April 4, 1925.
PRESTO
COINOLAS
FOR
RESTAURANTS, CAFES and
A M U S E M E N T CENTERS
bombarded with a stock of press agent stories and
"authentic" letters from New York. This particular
bombardment was carried on by Harry Bolster's
fourth annual radio exposition to be held in New
Activity for Tax Reform in the Western York September 6-12. J. U. Herrmann and James F.
Keer, managers of the New York radio world's fair
Forest Regions Has Relation to Future
and the Chicago annual radio show, are expected with
Lumber Production.
the next flock of publicity, telling of their New York
Taxation and the tire problem are involved in the radio show September 6-12. Harold Bolster is plan-
question of a continuous and cheaper supply of lum- ning a radio pageant to include everything in radio
ber for the music and other industries. In many from the first transmitter and radio set down to the
timber regions state taxes have been so high that present receiving sets as a spectacular opening of his
they have been an incentive to the owner to chop show.
down his trees and get them to the mill as quickly
as possible. Frequently the taxes on woodland are
high enough to absorb the annual increment of value
through natural growth, and even higher.
The annual taxation compels taxes to be paid many
times on the same growing crop, and it hastens the
denuding of the forest areas. At the same time state
taxes, in some commonwealths, discourage the re-
Player Actions
forestation of cutover lands.
For years the forest service has been saying that
one great need is a system in the states that will defer
Embody Five Cardinal Features;
the principal burden of taxation on growing forests
to the time that the trees are cut. Several states have
DURABILITY
already acted in recent years in passing laws which
SIMPLICITY
embody the "yield tax." This taxes the land an-
nually, but the timber only when cut.
ACCESSIBILITY
Lumber manufacturing interests and the associa-
SOLIDARITY
tions of the lumber trade welcome the assistance of
the music industries and other timber users in
GUARANTEE
ameliorating the conditions presented by the tax prob-
lem. Two things deemed essential to encourage pri-
Write for Prices and Territory
vate rcgrowing of timber are the adjustment of tax
We
Have
Something of Interest for You
laws to timber crops and the protection of forest land
from fire, insects and disease.
Not so many years ago, the timberland was so
Peerless Pneumatic Piano Action
abundant and deemed so inexhaustible, that it did not
pay owners in dollars and cents to grow trees on
Co., Inc.
denuded land.
TALBUT F. CHEEK, President
Up to 1890, land clearing for agriculture ran ahead
of lumbering, but ever since then the land has been
469-485 East 132nd Street
logged off much more rapidly than it has been taken
NEW YORK
up by agriculture.
The old tradition that all denuded forest land is
being taken by agriculture went a-glimmering many
years ago. The fact is that the area of cutover or
burned over forest land that has not been trans-
formed to agricultural use now reaches the stagger-
ing total of 181,000,000 acres.
Several of the states have embarked on reforesta-
tion programs, notably Pennsylvania, Michigan, and
Massachusetts. In congress a bill is pending aiming
to increase the effectiveness of the fight against forest
fires to extend public ownership of lands more suit-
able to reforestation than to agriculture and to en-
courage private owners to regrow trees. It is re-
garded by the lumber industry as a great step
forward.
TAXES AND WOOD SUPPLY
P
StyU C-2 •
FROM THE BIGGEST
ORCHESTRION
MERRY RADIO WAR.
The battle for publicity for the two radio shows to
be hold in New York on the same days and dates
is on. Radio editors during the last week have been
STATEMENT OF THE OWNERSHIP, MANAGEMENT,
CIRCULATION, ETC., REQUIRED BY THE
ACT OF CONGRESS OF AUG. 24, 1912,
of PRESTO, published weekly at Chicago, 111., for March
Tiny CoinoU
THE SMALLEST
KEYLESS
Manufactured by
The Operators Piano Co.
715-721 N. Kedzie Ave.
CHICAGO
State of Illinois, County of Cook, ss.—Before me, a
notary public in and for the state and county aforesaid,
personally appeared C. A. Daniell, who, having been duly
sworn according to law, deposes and says that he is the
Editor of Presto, and that the following is, to the best of
his knowledge and belief, a true statement of the owner-
ship, management (and if a. daily paper, the circulation),
etc., of the aforesaid publication for the date shown in
the above caption, required by the Act of August 24, 1912,
embodied in section 443, Postal Laws and Regulations,
printed on the reverse side of this form, to-wit:
1. That the names and addresses of the publisher, edi-
tor, managing editor and business manager are:
Publisher—Presto Publishing Co., 417 S. Dearborn St.
Editors—C. A. Daniell and F. D. Abbott, 417 S. Dear-
born St.
Managing Editor—J. Fergus O'Ryan, 417 S. Dearborn
St.
Business Manager—F. D. Abbott, 417 S. Dearborn St.
2. That the owners are: (Give names and addresses of
individual owners, or, if a corporation, give its name and
the names and addresses of stockholders owning or hold-
ing 1 per cent or more of the total amount of stock)—
F. D. Abbott, 417 S. Dearborn St.; C. A. Daniell, 417 S.
Dearborn St.
3. That the known bondholders, mortgagees and other
security holders owning or holding 1 per cent or more of
total amount of bonds, mortgages or other securities are:
(If there are none, so state.)—None.
4. That the two paragraphs next above, giving the
names of the owners, stockholders and security holders,
if any, contain not only the list of stockholders and se-
curity holders as they appear upon the books of the
company, but also, in cases where the stockholder or se-
curity holder appears upon the books of the company as
trustee or in any other fiduciary relation, the name of the
person or corporation for whom such trustee is acting
is given also that the said two paragraphs contain state-
ments embracing affiant's full knowledge and belief as to
the circumstances and conditions under which stockhold-
ers and security holders who do not appear upon the
books of the company as trustee, hold stock and securi-
ties in a capacity other than that of a bona fide owner;
and this affiant has no reason to believe that any other
person, association or corporation has any interest di-
rect or indirect in the said stock, bonds or other securi-
ties than as so stated by him.
PRESTO PUBLISHING CO.,
C. A. DANIELL.
March. 192;").
September, 1924.
Bessie K. Ferguson, Notary Public.
(My commission expires Oct. 17, 1926.)
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