Valdez Daily Prospector
PUBLISHED By THE
Prospector Publishing Co. i
TERMS.
Daily Prospector.
By carrier, per month....? 1.00
By rfiail, per annum. 10.00
The Weekly Miner.
By carrier, per month. 40c
By mail, per annum.$3.00
The Daily Prospector and Weekly
Miner, by carrier, to one address
per month... .91.25
The Daily Prospector and Weekly
Miner by mail to one address
only per year.. . ?12.50
Business Office and Editorial
Rooms. Phone 152.
Advertising Rates on Application.
SATl’RDAY. APRIL 20, 1013.
THE INCOME TAX.
All indications arc Mini Uier“
■will lie more debate in congress
over the income lax than over the
customs provisions of the land'
bill. The conferences and pre
liminary discussions have about
fixed the measure of reductions
that will he made on I tie differ
ent tariff schedules and the de
bate will wax warm around the
income lax levy.
The holiest light, we fancy, will
Iwage aboul I he exemption ligurr,
wvhieh has been set at *5,000.
There is a very large body of re
spectable opinion which holds
that the figure is loo high, that
it so limits the number of cm. ■
tributors as to make it class leg
islation of a vicious sort and that
it will encourage extravagance in
congress by enabling that body
easily to raise revenues that will
be collected from a politically un
influenlial class. On the other!
haid, if is argued, a lower ex
emption, one that makes cpn
tributors of a large section of
thd people, will insure economy,
for then, by reason of their num
bers, the income taxpayers will
form an influential class.
Professor K. It. A. Seligman, ot ;
Columbia university, one of the j
foremost taxation authorities of j
this country, is said to favor $3,
000 as an exemption figure, while
.Professor Henry R. Seager, an
other authority, thinks it should
'be as low as $-,000. The argu
ment in favor of the higher ex
emption is. first, that it is a more
equitable one1 in Hint the average!
man with I tie larger income i s ,
better aide to pay the lax. and ;
therefore is called upon to make,
less of a sacrifice Ilian the 110111,
with a small income and. second.'
the pracl icalde consideration that j
a low exemption would arouse |
hostility to the income lax ideal
and possibly cause its overthrow!
before a fair I rial of it could he
had.
Whclher the si.(too exemption,
figure will sland. and whether,!
indeed the size of the lax will re- j
main as it is in the bill which |
has been presented, will probably I
depend upon the final action up
on the income tax provisions, tor
the prime purpose of the income
tax the law is to provide for the
decrease in revenues that will fol
low upon the lowering of duties,
and the larger the decrease the
larger must he the income tax
revenue. The expected revenue
from the proposed income lax is
$130,000,00(1. though the basis
upon which that estimate was ar
rix'ed at has not been made pull
lie. The receipts from corpora
tions are not likely to lie appre
ciably larger I hail those now re
ceived from the federal excise tax j
oil corporal inns, winch last year
amounted I" about $28,000,000.
The relluel ion of the exemption
figure from $5.Olio In $5,000 will
add sonieltiiog lo that total, hut
hardly more Ilian a million or
two. It is probably difficult lo
figure out what flic receipts from
individuals will In*, liul in Lliis
connection it is lo he noted that
the slate income fax of Wiscon
sin, which is apparently an ex
ceedingly well administered tax,
produced in the year 15112 only
$1,108,000 from limns and indi
viduals. Wisconsin in the last
three years lias furnished about
one forly-eighlh of lliu corpora
tion excise lax receipts, showing
it lo he an average state so far
as corporation prosperity is con
cerned. In the matters of inan
ufacluring and hank deposit ■ it
ranks well above the average, and
therefore might lie expected to
furnish more Ilian an average
share of the individual income
tax. Yet if we multiply its figure
by 48 we get an estimate of about
$52,000,000 ’ receipts from indi
viduals* or something between
$80,000 000 and $90,000,000 all
told.
These and all figures connect
ed with the proposed tax will
doubtless be well thrashed out in
the forthcoming debate. In the
meantime it. is better that the es
timate should be above than be-i
low the actual receipts. A deficit
for a single year or two will not
harm anyone, while a surplus
might promote extravagance. II
is to be remembered also that the
decrease in customs receipts may
not prove as large ns is anticipat
ed. Many of the present duties
prohibit importation altogether,
and the reduction in their case!
will increase rather Ilian decrease j
11 he revenues. — Kx.
MANUEL’S MISTAKE.
Manuel, banished king of
Porlugas, is liguring mi Inking
‘advantage of the prevalent, un
rest. in Portugal to find his way!
hack to the throne.
Portugal is in need of reforms,
hut they cannot he accomplished
throng'll the agency of a royal
profligate like Manuel, who is
more familiar with the dance hall
favorites of Paris and London
than with affairs of his native
country. lie is an exile' and
drawing a lug pension for slay
ing away from Portugal. lie
should he shaking hands with
himself for his luck in retaining
his head and his income, instead
of plotting to regain a throne lie
forfeited hy reason of his disso
lute habits.
One way to avoid cholera seems
to he to avoid war.
No wonder Lucie Sam is rich.
The secretary of the treasury di
vulges that a pound of nickel and
copper composition costing -d
cents is made into S i.55 worth of
5-ceul pieces.
A Los Angeles judge .just
granted a wife a divorce because
her husband spanked her. Prob
ably he should have used a dub
and have been given a fine for as
sault and battery.
ALONE.
My Ceorge Matthew Adams .
Learn lo be Atom*.
To he eltallhil.v Alone is lo he
Morally afire. In such Solitude
are the Ideas of Centuries
hatched. Mig minds Think, De
cide, Stand—Conquer, while
Alone. They sel.H-examine and
self-construct.
Learn lo Think Alone.
Lincoln was Alone with his
pine knots and borrowed hooks;
Hugo was Alone with his mean
garret and pen: Cromwell was
Alone at St. Ives behind his plow
handle. Wherever great prob
lems or vital decisions have lo he
met, men have calmly withdrawn
that they might the belter weigh
every! Iting.
Learn to Decide Alone.
Kmerson says, "Trust thyself;
every heart vibrates to that iron
string.” Can a man trust him
self away front himself? Is not
the vital test ami final greatness
of a man all focused on his abil
ity to stand absolutely Alone in
emergencies? Props irritate and(
unnerve. So do irresponsive na
tures. The crowd eats away in
dependence. Heal Worth lops
like a mountain cap. Nobody can
mistake it. Like the mountain
itself it .stands alone. No one
will ever do for yon what you are
able to do for yourself—Alone.
Learn to Stand Alone.
If you have personal problems
!lu solve—get Alone. If you are
[dissatisfied with what you are
I'gel Alone. You will look strange
ly true to yourself when examin
ed Alone. Nothing stimulates
like gelling \lone--so long as
you gel Alone to improve your
self.
Learn to i <om|uer Alone.
NOTICE OF SALE.
In the District Court for the Ter
ritory of Alaska. Division Num
ber Three.
United States of America,
Libelant,
vs.
The Schooner Tokai Maru, her
tackle, apparel, furniture and
cargo,
Respondent,
And
Choemon Ki Kuchi, Claimant.
Notice of Sale.—No. -477.
Notice is hereby given that by
virtue of the Writ of Venditioni
Exponas issued out of the above
named Court in the above named
cause on the 1th day of April,
1913, to me directed and deliv
ered, I will sell at public auc
tion. to the highest and best bid- !
der for cash, at Unalaska, in the;
Territory of Alaska, Third divis- >
ion, on the 22nd day of May, 1913,
at. two o’clock n. m. of said day,
the schooner Tokai Maru, her
tackle, apparel, furniture and
cargo; said schooner being built
in year 1905, is ninety-live feet
long, twenty-two fetet beam, ten
feet deep, ninety-five tons gross
tonnage, eighty-tive tons net ton
nage, hull in good condition.
Dated this ith day of April,
1913
H. P. SULLIVAN.
United Slates Marshal Third Di- !
vision, Territory of Alaska.
First pub. April II. 1913.
Last pub. May 9, 1913.
OFFICE OF THE QUARTERMAS
TER, Fort Liscum, Alaska,
January 20, 1913.
Schedule tor the launch Lieut.
C. V. Donaldson, daily, Saturday
and Sunday excepted :
Leave Fort Liscum 8:15 a. m„
1:15 p. m. .
Leave Valdez 9:30 a. m.. ;>:30 p.
m.
SPECIAL TRIPS.
Tuesdav, LeaVe Ft. Liscum 5 p.
in. Leave Valdez 2:30 p. m.
Saturdav, leave Ft. Liscum 1:15 p.
m. and 7 p. m. Leave \aldez
4 p. m. and 9:30 p. m.
Sundays such trips as may be
ordered. There will be no trips
for the launch on the second and
fourth Fridays each month, those
days being used lo clean boilers.
Special trips or cancelling of
ahov'1 will he. made without no
tice only to meet the exigencies
of the service.
Ttv order of Lieut. Col. O’Neil. j
L. A. KUNZIO. |
First Lieut. 30th Infantry. Quar
termaster. j
Independent Laundry Co.
Satisfaction Guaranteed I I Foot Keybione Ave
Telephone 66 I I Rouph Dry 10c lb.
Valdez Dock Co. phone no. i
JOBBER IN
COAL, HAY and GRAIN
AGENTS FOR
Alaska Steamship Company
Alaska Coast Company
FOR SALE
2 1-2 H. P. Stationary Gasoline
Engine
A BARGAIN
Kejrita^Dock Valdez Iron Works
We are showing a new line of men’s fine
RUBBER COATS
in many different styles and shades.
CRVANETTES, RUBBER COATS,
SLIP-ONS.
Priced from $5.00 to $25.00.
Come in and look them over
Geo. f. white
The Assayer
Assaying and Ore Testing
CORRECT RESULTS
No More, No Less
VALDEZ, ALASKA
MILK—MILK-MILK
Fresh Milk and Cream
VALDEZ DAIRY
Telephone order* to Phone 187
New York Life
Insurance Co.
W. H. CRARY, ReprcunUtWe
Valdez, Alaska. Phone 41
THE SALESMAR
makes more sales and
makes them with greater
facility if his work is re
enforced by Electric Light,
It shows his goods to the
best advantage,and colors
may be readily matched
under its rays.
I
A brilliant electrically
lighted store stamps a
merchant as a hustler.
And trade follows light.
A. W. L. & T. Co.
Dougherty & Ferguson
GENERAL
MERCHANDISE
The best groceries received
on every boat,
Fresh vegetables, fruits
and nuts.
Copper River
Draying Co
Freighting and passengers to alJ part*
of the interior. General Trucking
hid. Wood, - fc*roprietor
McKinief St. Valdes
Steam Heat Electric Lights
THE COPPER BLOCK
Finely Furnished Rooms All Modern Conveniences
Good Tiir Diirrn G ° °d
Goods Int DUrrCI 60018
Copper River Lumber Co., he.
ALL KINDS OF
Native and I I TTV/f DCD and Building
Puget Sound LUIYIDIIjIV Material
CONSTANTLY ON HAND
[Prices Right W. M. FINICAL, Mgr. Phone 18
Patronize a Home Industry
VALDEZ DRUG CO.
Drugs and Druggist Sundries
PRESCRIPTION SPECIALISTS
Telephone Orders Solicited Free Delivery
We do a
general
Banking
Business
.
Bank in
rear of
mercantile
department
We Pay 4 Per Cent lnter**t m 2 $me CertiAcmi*a «/ Deposit.