New-York Tribune from New York, New York • 3

Revision of Profit Tax WillBeUrged Internal Revenue Bureau Drafts Amendments Con? sidered Ntecessary New Rulings Clear Some Hazy Points Return Forms To Be Ready for Distribution in a Few Days WASHINGTON, Feb. 3. Regulations under vrh the excess profits tax law to bo Administered, made public to night by the Bureau of Internal Rev? enue, up many long disputed questions affecting the determination of the basis for figuring profits, but leave number yet to bo threshed out by individual rulings, or by amend ment of the law. A new draft of the war tax is now being prepared by the bureau, embodying proposed amend? ments on subjects which officials think can not properly be passed on by executive rulings. Kxccss profits return forms will be ivailable in a few days, and returns be made by March 1 on busi? ness, ionic extension of this time has been urged by business interests.

deductions based on a per ccntago of invested capital may be taken from aggregate profits before deten- "ing tho taxable amount, cor? porations or partnerships arc anxious to figure their invested capital as high as possible. By tho regulations, in? vested capital is defined as the total of capital, surplus and undivided profil as shown on tho books, with adjustments required b. 'he law. If an-, chango in the invested tal bas been mudo during the year mthly average is to be taken, the tine surplus or undivided aro not shown by tho books, "cause of failure to provide for de depreciation, obsolescence or losses, the regulations make it. atory to figure corrections, and thus reduce the capital figure.

This ould prevent corporations from ilg ii ng their tax exemptions at too high figure by overestimating their capi 'Mi the other hand, it is permitted to the 'irpui- account expendi the pa for tho extension of tin plant or equipment which still is in active use, if the expenditures have charged current expense. of tho most disputed points has related to tho valuation of patents or copyrights, most. ne arguing for inclusion of high figure in their capital investment The provide, liOwevcr, that only in eases where actual payment has boon made for these ten can the expen be added to the nvested capital total. No adjustment ived liber for expenditures made develop goodwill or other intangible By this ruling the plea of a imbi of corporations which have pent thousands or oven millions of dollar developing a business is re fused. riic profits law provides that ca win re it seems impossible to determine deductions in the ordinary ay, because a business did not exist in pr? -war years or because of exceptional conditions, such as extraordinarily low profits then, the business of representa i concern to be taken as a basis for figuring deductions.

This provision, according to the regulations, may ap ply to businesses having defective ac counting systems, making it impossible to compute invested capital; foreign taxpayers, when it. is deemed iniprac ticablc to investigate invested capital figures in another country; long cstab hed businc organisations and busi i'cs ic for which "the invested capital criously disproportionate to the taxable income." An example of the la case would be a business which large profits in 1917, but which had fad several previous unproductive en rs. 'I he 8 ner rent on profits over 8,000 for taxpayer-; having only a nominal capital is held to apply to pro -oral toen or to trades or busi nes cs rendering professional services. If a corporation is engaged 'n two I of business, one being profes? ional and requiring no capital, the regulations provide that its entire in? come is to be considered as of its prin i business. If an individual is engaged in two or businesses, however, one taking capital and one with capital, income irom each is to be taxed separately.

I or instance, a physician owning a io? pital would be laxed at 8 per cent on his professional income above $6, 00, and, in addition, on capital 1 ted in the hospital at other rates. rhe regulations require corporations to describe in making returns their re? lations with other affiliated corpora? te.ns. This is expected to disclose many facts concerning business com i nations not now on record. City Club Wants U. S.

To House Workers I hat adequate housing facilities for government laborers must be provided before there can be any solution of the labor problem in the shipbuilding plants of Staton Island and Newark Bay is maintained in a report to Sec? retary of Labor Wilson by the City Club. "We understand there is a disposi? tion on the part of those in charge of the shipbuilding programme to be? lieve that the labor problem as it af? fects the shipbuilding plants around New York City can bo solved by the improvement of transportation facili? te between the plants and those dis? tricts in which the workers for the mo: part live," wrote Nelson S. Spen? cer, president of the club, in a letter accompanying the report to Secretary VVih on. committee on city planning has made a report which leads inevitably to the conclusion that transit facilities, even if improved to the utmost, could not solve tho problem, that the only solution is adequate housing, that delay providing such relief will be costly not only in terms of money, but exceedingly costly in the most impor? tant, elements connected with the ship? ping problem namely, the efficiency of labor and the element of time." Ibero are three plants engaged in shipbuilding work on Stet? en Island, the report states, and one by, on Shooters Island. Workers irom Manhattan and Brooklyn, it in pointed out, can reach these plants ky subway, eii-vated or surface tfijth? Battery, ferry to.St.

Gtorgc and trolley to the plants, or by otlter indirect routes involving aevornl trans? fers and much time. As a possible im i provement it is suggested that an ex? press ferry or steumor service direct to the plants might bo inaugurated, but this would reouire the construction of new piers or ferry slips. "The three plants at the head of I Newark Bay draw thoir from I Newark, Bayonno and Jersey City." the report continues. "Transit facilities are inadequate. According to the best information available, the eighteen shipyard? in and around New York employ approximately 81,000 men and by July i will need about 29,000 ad? ditional men.

Even if all possible transportation improvements could be made within the next three months, fa? cilities would still fall far short of nil- I ing the needs. The would-be worker in the Staten Island and Newark Bay shipyards is compelled to live miles from his work, for the reason that accommoda tion in the district is almost impos siblo to obtain, the report explains. The committee found a location near the Staten Island yards which it be lieves to be capable of development, but little opportunity for housing was found in the vicinity of the Newark Bay yards. i ii Harvard Sailors Save Records as Dane Hall Burns Students at Radio and En signs School Also Remove Ammunition to Safety CAMBRIDGE. 3.

Dane Hall, one of the oldest buildings of the quudrangle in the Harvard yard, was destroyed by fire to-day. Thirty thou? sand rounds of ammunition in the base? ment were removed by men of the naval radio and ensigns' school, under the direction of their officers. Valuable records belonging to the university and the government, schools also were saved. The building contained the bursar's office of the university and the execu? tive offices of the ensigns' school. It i was of brick, two and a half stories in height, with a frontage of forty feet on Massachusetts i The lire started in the basement, near the furnae? Apparently it had worked its way upward inside the walls and "as bursting through the roof when it was discovered by a naval officer.

of the naval school, who are quartered in nearby buildings, were! immediately mobilized, and, working in i squads, went into the part of the base- ment where the ammunition used in rifle practice waB stored. The flames were very close and the smoke was tiding, but with handkerchiefs tied over their noses the students groped Iheir way to the shell boxes and! brought them all out without accident. Books and furnishings of the bursar's office and records of the Harvard de- partments of economics and well as papers of a final examination taken by some of the sailor? were saved in the same way. President A. Lawrence Lowell said that he be-i lieved virtually all documents of impor tance wore remeved.

m-i. Dead Soldier's Sister Gets His Cross of War Medal Awarded by rancc to Pittsburgh Man. Killed in Americans' First Battle PITTSBURGH, Feb. 3. The Cross of War of the French Republic, awarded to Thomas F.

Enright, private in the American expeditionary forces in i France, who was killed with two of I his comrades in the first engagement 1 between the United States troops anil those of Germany, has been received by his next of kin, his sister, i Mary Irwin, of Pittsburgh. Accompanying the medal was a pho tograph of the little cemetery in in which were buried the American dead. The photograph shows; the saves of Private Enright, Corporal James B. Gresham, of Evansville, and Private Merle I). Hay, of Glidden, Iowa, all killed in the first engagement.

Icergymen Going to Camps Leave Granted Rev. Watson; Dr. Eaton Says Farewell Clergymen of all denominations in New York City continue to leave their I parishes here for temporary service in army cantonments. The Second Prcs byterian Church, Ninety-sixth and Central Park West, yesterday granted three months' leave of absence to its pastor, the Rev. Dr.

Robert Wat? son, for service in the cantonments. The Dr. Henry Evertson Cobb, of the West End Collegiate Church, i Seventy-seventh Street and West End Avenue, will leave shortly for a similar period of sen-ice at Camp Lee, Peters burg. and the Madison Avenue Baptist Church yesterday said farewell for three months to its pastor, the Rev. Dr.

Charles A. Eaton, who will also work in one of the Southern camps. I Riveters Delay New U. S. Vessels By Slack Work Figures Show That Effi? ciency of Men Is Being Seriously Reduced Big Pay Partly Blamed San Francisco and Baltimore Make Particularly Back? ward Showing Front varioics sections of the coun? try reports have eomc that the build? ing of ships for the Emergency Fleet Corporation of the United States has been seriously delayed by the stout? ness of the men who arc at.

work the new vessels. The matter has already been railed to the atten? tion of Congress and moves are be? ing made to rectify it if possible. Particular stress is laid upon the lack of efficiency among the riveters, whose tasks arc vital to the hurry? ing forward of the programme. Correspondents of The Tribune at two large shipbuilding )wint3 bear out the truth of the complaints which have been made. The worst condi? tions seem to prevail upon the Pa? cific Coast, where the unions are par? ticularly strong and where their at? titude is exceptionally independent.

At three shipbuilding centres? i Philadelphia, But It, and New London, of inefi ciency were made. SAN FRANCISCO, Feb. 3. The charge is made here that the work of rebuilding new ships for the United States government is being greatly de? layed by the slow work of the riveters. Figures given out in this city show that twenty-live gangs of riveters drove in the month of December but.

a total of 1,277 rivets a day, when the same number of men under old condi tions averaged an aggregate of 10,000 rivets in the same space of time. Not only is complaint being made here of the slowness of the work, but the charge is common that many of the riveters are in the habit of laying off when it suits their pleasure, and this is holding back the construction of much needed ships for the ocean trade. In the boilermakers refused to work on four afternoons, in spite of the pleading of the contractors. No explanation was given and none has been found, except that the men were earning big wages and did not care for the half day's pay. Baltimore Workers Make Bad Showing BALTIMORE, Feb.

A high official of one of tlic largest shipbuilding con? cerns in this vicinity, in discussing the report, that shipbuilding for the gov? ernment has been delayed by the slow work of the riveters, said: "In some instances, by working time and a half and overtime the men have made as much as $35 a day, and it is not uncommon for one man to make as much as a week. "This has brought about a condition which makes the men difficult to con? trol, and they readily tell the boss if there is any complaint raised that they will quit and go to work somewhere else. The result of this is that the men are working at per cent effi? ciency. They work when they want to lay off at any time, no matter how urgent the work may be. "The government is taking steps to correct the present evil, and a board has been formed, with headquarters in Philadelphia, to straighten out the la? bor'trouble.

The labor problem, ns re? gards shipbuilding, is not. a local mat? ter, but is general throughout the country. Every shipbuilding concern is honing that, the efforts of the gov? ernment, to regulate labor and its pay will bring about good results, as tho 1 present conditions have become intol? erable." Find Men Efficient At Wilmington Yards Corresponde WILMINGTON. Jan. riveters in shipyards here are doing their bit patriotically for this govern? ment in speeding up the construction of ships is indicated through records of the number of rivets driven in ship? yards in this city.

The average daily product of a gang of riveters in this city is about 30? rivets in a clay of eight hours. All the pay is by piece, so that the men do not work they do not earn any money. The high mark in riveting was made at a shipyard in this city, where the men 'are being urged through patriotic reasons to up shipbuilding and where they arc working in hearty co operation with the management to that end. Army Camp Athletes Are Made Captains Directors Commit- I sioned to Enable Them to Go to France as Soldiers i WASHINGTON, Fob. 3.

Commis aa captains In tho National Army are to bo granted by the War Depart- mont to the numerous athletes who have been serving as athletic directors at tho camps of draft soldiers and Na? tional Guardsmen since their training I began, it was announced to-night by the Committee on Training Camp Ac? tivities. Fifteen of the athletic directors al? ready have been commissioned and the remaining fifteen are to be named this week. The military title is conferred upon the civilian volunteers to enable them more vigorously to prosecute their work of keeping lit the soldiers of the Na? tional Army and National Guard divi? sions, and to enable them as soldiers to accompany the -divisions to France when their training here is sufficiently advanced. The athletic directors thus far com? missioned include the following: Frank Click, former Princeton foot ball star and athletic director of Mer cerbnrg, Academy, now stationed1 I at Gamp Upton. R.

P. Nelligan. of Amherst College, now at Camp Deven. John Booth, Yale star, now with the expeditionary forces. B.

R. Murphy, of Johns Hopkins University, Baltimore, assigned to Clamp Lee. Trevanion G. Cook, formerly atuletic coach at, Butte, high school, now at ('amp Lewis. J.

G. Driver, of Yale, now at Camp Jackson. B. V. Ogden, University of Pcnnsyt van on duty at Camp McClcllan.

John L. Griffith, Drake. University. I Des Moines, Iowa, star, now at Camp 1 Dodge. Lewis Oner, Northwestern Univcrsitv man, assigned to Camp Grant.

Dr. Paul Withington, Harvard star, now at Camp Funston. Joseph S. Wright, Chicago high school athletic coach, assigned to Camr Logan. John N.

Ashmore, University of Col orado, coach, director at Camp Deming Walter Camp, of Yale, son ol Walter Camp, assigned to Camp Han i cock. John R. Bender, University of Ten i nessee star, director at Camp ScAier. i N. H.

Pearl, director of recreation ol I Detroit schools, now at. Camp Mac Arthur. -r- i Big Fund for Sailors' Aid The Naval Relief Society yesterday that it has accepted the offei of a group of civilians to start, a cam paign for the purpose of raising $2, 000,000 as a fund to aid the familie: of sailors killed during the war. This committee is headed by Edmun? L. Baylies.

Its plan is to make thi campaign nation-wide, with special at tention to states upon the Atlantic am Pacific seaboards. The body that wil direct, the campaign is to be known a the Emergency War Fund Committee Others who will serve upon the corn mittee are Klihu Root, Nicholas Mur ray Butler, Cleveland IT. Dodge, ward Berwind, Otto II. Kahn, Ciar once H. Mackay, Ogden Mills, Ilcnr Morgenthau, William Church Osborn William Thaw.

Allison V. Armour am George P. Baker. Gen. Wood's Wound Healing, Out of Bee PARIS, Feb.

-Major Genera Leonard Wood. U. S. who wa wounded recently while on a visit the French front, was able to-day i leave his bed in the hospital her? where he is being treated. He receive a number of visitors.

General Wood's arm it? in a lilinf The wound is still painful, but he on pects to leave the hospital this week. Lieutenant Colonel Charles E. Ki: bourne, ehied' of General Wood'ri stftf I who was wounded in the face, is to brought to Baris from a hospital nea the front. The attending surgeons re port, that they exppct, to nave his righ eye, which it was feared at first, woul b'e lost. Major Kenyon A.

Joyce, the thir American officer wounded, is still in hospital near the front with a painfi wound in the arm. 1,000 Fire Hazards Removed By State Defence Counci ALBANY, Feb. than 1,00 tiro hazards in 0-19 industrial plan! have, been removed as a result of th i activities of the Fire Prevention Bt reau of the New York State Defenc 1 Council, according to a report by tl; bureau made public to-night. Citic and villages also have been protectc from fire risk due to lack of coal i pumping stations by arrangements wit the stale fuel administration for pr orit.y coal orders. Fourteen municipalities have fire prevention ordinances suggested the bureau, giving police powers to tr lire chief or other officials authorize i to enforce the removal of fire hazards a AIMD WING Frederick Fanning Ayer READ WHAT THESE ENGLISH AUTHORITIES SAY OF THIS MOUNTAIN-NEST OF VERSE, THESE SUPERNAL FLIGHTS OF SONG.

"Cloud splendors on the mountain-top of achievement." Leyion District Times, England. "Power and originality." Cork Examiner (Irish) "The rarest verses of the time. Grip us hours after reading." World Wide Bureau, England. "Absorbing, astounding, inspiring, baffling." Academy, London. "Genuine aspiration and power." Occult Review, England.

"Transports us to another hemisphere." Montrose Standard, England. PRICE, NET, 92.BO THE BAKER TAYLOR COMPANY ELUNO Aourrs FOURTH AVENUE New York Hitchcock to Urge War Cabinet Bills In Senate To-day Baker Will Be amined Before Commit? tee To-morrow Feb. of the long and growing programme of war legislation has been enacted since Congress convened two months ago to? day, and Capitol leaders plan attempts to speed up this week. Important rail? road and financial measures are to be brought before both Senate and House during the week, with the prospect that they will occupy the centre of in? terest for many days to come. Contention over the Senate Military Committee bills for a war cabinet and munitions director, which President Wilson is vigorously opposing, will be renewed in the Senate to-morrow, when advocates of the legislation will begin what they call a campaign of educa? tion.

Hitchcock, Democrat, will speak to-morrow in support of the bills, and will be followed on Tuesday by Senator Wudsworth, a Republican member of the Military Committee. Replies are plannod by Administration leaders. Tuesday Secretary Baker will be re? called before the Senate committee for cross-examination regarding his recent statement of army achievements. Later in the week he will appear before the House committee. Afterward, Admin? istration leaders hope to minimize I agitation for the bills, and they are I confident of preventing their consider? ation in either house.

The railroad bill, as revised by the Senate Interstate Commerce Commit? tee, will be reported to the Senate to? morrow, and later in the week the House committee will present its draft. i Committee compromises are expected on limiting Federal operation of the i transportation systems after the war, now eighteen months in the Senate i draft and two years in that of the House committee's bill, to insure dis I posai of the bill as promptly as Di 1 rector General McAdoo desires. Capitol leaders it will be passed during th'j present month. Another important Administration measure, which will be introduced si multaneously to-morrow in the Senate and House, is the war finance corpora? tion bill, providing $500,000,000 in capi? tal and also authority to issue $4,000, 000,000 in one to five-year short term notes for financing private industries. With minor the House soldiers and sailors' civil rights bill is to be reported to the Senate to-morrow, and it probably will be considered after 1 the railroad legislation.

As renamed by the Senate Judiciary Committee, the civil "relief" bill proposes suspension of mortgage foreclosure and other debt I processes against men absent in mili tary scrviee. It was passed by the House without objection last Septem? ber, but questions on constitutionality have held it up so the Senate. War Department bills to extend the draft law, providing for registration of youths reaching twenty-one years, basing draft quotas on the number of draft men ir. Class 1, instead of on state populations, and empowering the President to draft skilled industrial or, agricultural experts for military ser? vice, are to be reported in a. few days to the Senate by the Military Commit? tee and pressed for prompt disposal.

The Chamberlain alien draft resolu? tion will be taken up by tho House again-Wednesday. AU Congressional investigations of war operations are nearing an end. The army inquiry may be finished this week by the Senate Military Committee. The House Naval Committee's inquiry into naval affairs virtually is closed, and i only a few more witneses are to be i heard in the Senate Commerce Commit? tee's investigation of shipbuilding. The latter committee will hear more testimony to-morrow about the Hog Island shipyard at Philadelphia.

The Senate Manufactures sub-committee which investigated sugar and coal shortages plans this week to begin drafting a report on the coal situation. Next Wednesday the Senate Foreign Relations Committee plans to consider various war aims or peace resolutions in considering a composite draft for emphasizing America's aims. Appropriation bills are being rapidly disposed of by House, which passed tho agricultural measure last week and plans to pass the diplomatic supply measure and possibly a huge deficiency bill this week. The army appropriation bill also is scheduled for completion by the House Military Com? mittee during the week. "Nobody Home!" Not even a peek-in at the extra values in men's Winter suits (now $25 and $30) until 8 A.

M. to-morrow. Peet Company Broadway Broadway at 13th St. "The at 34th St. Four Broadway Corners" Fifth Ave.

at Warren at 41st St. The Store will be closed to-day (Monday) by request off the United States Government Altera? Ca FIFTH AVENUE-MADISON AVENUE, NEW YORK Street telephone 7000 mueray hill Thirty-fifth Streei A Special Sale tarifas? Silver Tableware commence (Tuesday), February 5th The liarge assortment en me rated below (comprising several! hundred pieces), specially featuring a new and artistic hand-engraved design, will be offered at nearly one-third less than the regular selling prices. Tea Spoons, $5.25, Coffee Spoons, Dessert Spoons, il LOO Table Spoons, JHL75, 37,00 Soup Spoons, Bouillon Spoons, half-dozen 8,50 Medallion Kirn3ves, half-dozen 3 Medium Forks, half-dozen $35,75, 37.75 Dessert 30,50 Dessert Forks, half-dozen 32,75 Individual Salad Forks, hallMozen Oyster Forks, 7J50 Butter Spreaders, 8,25 Pie Servers each 3J50 CARVING set: Three pieces, large Two pieces, for game, per set per set $12.75 Two piieces, for steak, set addition to the above a large number of desirable pieces will be marked at extremely Sow prices (First Floor, Madison Avenue section) Am Attractive Selection off Hats for Early Spring embracing a number oif smart and 2 new effects for street and sports wear, will be placed on sale to-morrow (Tuesday) at the uniform and very special price of $16.50 each (Un the Millinery Salon on the Third Floor) A Clearance Saie of Cotton Materials w51u offer untisual values, commencing to? morrow, at these greatly reduced prices: White Cotton Skirtings es Suitings (36 to inches wide) reduced to 38c. per yard Colored Cotton Skirtings (27 to 36 inches wide) reduced to 21c. per yard.