1935-11-13 — Page 2

THE HONGKONG TELEGRAPH. WEDNESDAY, NOVEMBER 13, 1935.

MILLIONAIRES DEFEAT U.S. TAXTHEWEALTHY SCHEME

Tip to a girl is LOVE. BY GIVING

keep your convien

in

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It clings without clogging .the 'pores-bocaUBO Marvelous Face Powder is super-gifted, as light and fine a powder as science' can make. Tho fifty-year reputation of Richard Hudnut, as the maker of fine cosmetics, is your ance of its purity.

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fill in and mail Coupon below.

THEIR

MONEY AWAY

FORTUNES CHANGE HANDS AS TIME FOR TAX NEARS

Washington, Nov. 5.

A handful of wealthy Americans disposed of near- ly U.S.$15,000,000 of their fortunes by gifts last month as the time drew nearer for the 'imposition of drastic new Federal gift and estate taxes, the Securities and Ex- change Commission report- ed.

ΟΣ

Following the lead previously set by John D. Rockefeller, Jr., in disposing of U.S.$77,000,000, of his known quarter L Standard Oll Co., fortune, other capitalists like George F. Baker, Samuel Zemurray, Ogden L. Mills and M. Fleishhacker were shown tr be busy in reducing their estates by gifts or other means,

These operations were believed to be only a small part of the transfer of wealth proceeding throughout the country in possible. anticipation of the new tax bil which goes into effect January 1. 1936. The bill Itself was part of an administration programme to pare down big fortunes through taxation. Treasury officials said in- they had received numerous quiries relative lo avoidance of new tax levies.

Under the new gift taxes to go into effect January 1, gifts up to $10,000, will be taxed 1% per

RESUr-cent

W. I. Loxley & Co. (China) Ltd.,

York Building, Hongkong.

I want to try Marvelour.

enclose

10 cent postage stamp for packing and postage. Please send me make-up guide and samples of four shades of Marvolous.

Name Address

MARVELOUS Face Powder $1.50

SWAN, CULBERTSON & FRITZ

Investment bankers and brokers in securities and commoditica Daily New York and London Stock Exchange Service. Commodity Futures on the principal American markets

Members of: ·

New York Cotton Exchange. Chicago Board of Trade. Commodity Exchange, Inc.

(Silver, Rubber, Silk, Copper, Hides and Tin). Now York Coffee and Sugar Exchange, Canadian Commodity Exchange Inc. Winnipeg Grain Exchange.

Manila Stock Exchange.

Correspondents for Hayden, Stone & Co. Telephone: 30244, 80245, 90246. Cable Address: Swanstock

Hong Kong & Shanghai Bank Buildings, Suite 119/122.

WIEDEREINSTATATAYDIMENSIONISIONNEMENDAÐI VENEVADABLEVISIONAISUUSALUEIDEN ANKLAGAVIGAATAIDEATU

L

instead of 4 per cent. Rates above increase over the old rates in a graduated scale until they rench $60,000,000, when the rate is 62 per cent. The old hill provided for a rate of 45 per cent on this size gift,

THE

WOMAN

PAYS

Reversing the American game of alimony, Mrs. Katharyn S. Drohojowski, heiress, is defendant in a suit in which her husband, Jan Urehojowski, former Polish count, socks U.S. $200 a month, U.S. $10,000 counsel fees and court costs. Sult was vd in Les Angeles.

Gland Discovery May Make Magnates Of Maniacs

RESEARCH BY LONDON SPECIALIST RECENT investigation concerning a certain little gland in the neck of a human being has raised a hope that soon the "village idiot" may be a person of the past.

For this gland, apparently, determines whether at

A breakup of the vast George F. Baker fortune was shown in the S.E.C. report to-day, Baker, who recently inherited a multi- hiu million dollar fortune from father, was shown to have given nway securities worth $5,132,000 In August. Several million do-person shall be a lunatic or a genius; a normal citizen or

lars worth of his securities were an enemy of society.

sold in the open market.

Another huge transaction

WAS

that of Eugene Du Pont, who re-

ported he

"transferred"

Inst

month 10,000 shares of E. I. Du

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9 ICE HOUSE STREET HONG KONG

USE ELECTRIC CHROMIC NEEDLES WITH YOUR PICK UP

OUR BRITISH CROSSWORDS

ACROSS

120

26

1 Nanca heard buzz (anag.).

10

121

123

9 Being who hardly changes whe

ther kind or not.

10 Stopping, but not in a tooth.

is

11 One gels il even in Iran.

13 Remain.

time.

in case you see a little beast.

is Italy has had this town' for some

17 After being this it's

change abroad.

19 Twines.

22 Closer.

25 Family man's sister. 20.Short in fibre.

no great

7 Men of letters in Russia.

30

Antarctic manner.

i London suburb, livelier than it

This is the thyroid gland, and last week a London specialist explained some of the wonderful things that it can do—and some of the things that can be done with it.39 choir, sunny? (anng.).

He

Pont De Numours and Co., com.

The patients can be brought up said that study in this mon stock worth $1,865,000. Samuel Zemurray, president of-branch-of-medical science has re-to normal again by means of small

sulted in the production of a doses of thyroil extract. the United Fruit Co., gave away 20,000 shares of the company's specific which, if administered to stock worth $1,360,000. Former sub-normal children, will make Secretary of the Treasury Ogden them decent, useful citizens. L. Mills gave away 1,000 shares of Cerro ile Pasco common stock worth $69,000,

According to Dr. Charles H. Mayo, a president of the Ameri- can College of Surgeons, who has Science has found a preven- studied the subject extensively, tive for idiocy—a brain stimu- there is no non-fatal condition in lator and a physical regenera- which the patient receives sO tor!

much benefit as from thyroxin No estimate was available as

Discussing discoveries in re-administrations in thyrold do- of taxes to the possible amount avoided by some of these indus- gard to the thyroid, this specialist | ficiency.

As regards the too efficient trialists by their gifts but the said that an inefficient gland in iu- | figure may run into millions of fancy and childhood causes idiocy land, science, so far, has found dollars. In addition to receiving arrested growth, physically and the benefit of lower figt taxes a mentally.

A normal working. thyroid pro the present time, these estates will be less hard hit through estate duces a normal person. taxes which also are increased next year.

Because of the heavy gifts in anticipation of

the new rates, budget bureau to-day raised ita. estimate of figt tax collections for "the current fiscal year to $60,000 -

000 from $25,000,000,

No information was

available

But n too active gland may pro duce, first, genius, then madness, then death:

"Nowadays," he added, "we are able to help the gland by means of the thyroxin secre- tions from the blood stream. "Idiocy shows that the thyroid hasn't been working up to stand-

as to the recipients of these huge ard. gifts as this is not required

hv

no cure but the knife.

When this little gland does its. job too well, it produces peoplo with racing hearts, bulging eyes and tireless energy-then, if the condition isn't checked, hysteria, madness and death.

comes

At present, the specialist de- clared, the only treatment is to cut away most of the gland, leav ing the remainder to overwork as it wills.

The overworking part of the thyroid may approximate to the "Thyroxin treatment puta mat- | normal gland, but—and here's the the Securities and Exchange Comters right, and the idiot becomes critical part of the matter as it mission. Presumably, however, a normal-only, he has to keep on affects ordinary human beings- large part of it undoubtedly went having treatment."

it always rests with the surgeon to families of the givers.

Lately, this specialist declared, to decide how much or how little Rockefeller In his report on it has been found that some gas- of the gland should be left. Agts of hundreds of thousands of triv troubles and much "run- In other words, the knife may Standard Oil Co.. shares reported downness" has been caused not change a potential maniac into à that they had gone to educational. through bad dieting or careless- sound business man, or turn a scientifle and charitable organiza-ness, but through the thyroid would-be murderer from his purs tions.

gland not doing its job properly. | pose.

SALESMAN SAM

NOW, HERE'S YER LAST TEST) GEE, IT'S A MILE THEN YER A LIFE GUARD!

OUT, Boss, AN' I

YA GOTTA SWIM OUT TA THAT FEEL VERY TIREC

FLOAT AN' BACK!

sounder

DOWN

--1-Numbers-are-

2 Flying action; there's money in 9 Stylish.

4 This dog is not used by firemen 5 This sheds light on street trad

ing conditions.

6 He expelled the Titans.

7 His head's often in the clouds

but he's wide awake,

8 Open-mouthed.

THE KING'S RETURN

SPECIAL PRECAUTIONS TAKEN AT ATHENS

Athens, Nov. 12. Rigid precautions to prevent

Have you

"FOOT ITCH"?

Warning! Stop "foot itebuse the power- ful anticentie that kills ringworm of

the toes, relieves

and heals the feet.

ABSORBINE JR.

Practice Makes Perfect--Sometimes

TIRED, HUH? )SURE, I THEN YA /CANT I'M CAN'T.DO POSITIVE OF THAT!

BUT IF HER TIRED BE- FORE YA START, HOW TH HECK CAN YA?,

WELL-

14 Roadster rapidly disappearing. 16. He gives a lotier put in the

door.

18 A moving game, sounds chilly.. 20 Seat after a royal borough.

21 Mark this, not to run.

92

22 Slight.

23 Like "a pig."

24 Little girls or big girls.

28 Madame's husband. 29 An innocent plot.

Yesterday's Solution

SHOT E POSL ́O AE.HTM BELFE C ́OWEB PN TINGE TEOPERATE EK STRAWREN" NO NUE

BD GOUCH M UN VINEGAR EARNEST - NLB TIMI BM SKIPPER CAMBE 10 -EH-RAVENJU O GRA IN MS USING · IN LE IMPUST B′′ C [1] FLING, AS IF UNHER TE HARBOUR OL KNOTT NE YARN

disorder on the return of King George are being taken.

A Government order bans the throwing of flowers along the route to the Palaco and the punce warden will refuse entrance to all. strangers.--United Press.

CANTON AGENTS

for

Hongkong Telegraph.

WM. FARMER & CO. Victoria Hotel Building. Shameen, Canton.

Tel. 13501.

By Small

I SWAM IT TEN TIMES THIS MORNJIN,

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· 1938 BÝ NEA GĽRVICE, ING,