Verhovayak Lapja, 1953 (36. évfolyam, 1-12. szám)
1953 / Verhovay Journal
PAGE 4 . Verhovay Journal June 17, 1953. Verhovay Journal Journal of the Verhovay Fraternal Insurance Ass’n. OFFICE OF PUBLICATION 7907 West Jefferson Ave. Detroit 17, Mich. PUBLISHED MONTHLY BY THE Verhovay Fraternal Insurance Association Managing Editor: JOHN BENCZE Editor: JOHN SABO Editor’» Office: 436—442 FOURTH AVENUE PITTSBURGH 19, PA. Telephone: COurt 1-3454 or 1-3455 All articles and changes of address should be sent to the VERHOVAY FRATERNAL INSURANCE ASSOCIATION 436—442 FOURTH AVENUE PITTSBURGH 19, PA. SUBSCRIPTIO'N RATES: United States and Canada ....................................... $1.00 a year Foreign Countries ..............................-...................... $1.60 a year Entered as Second Class Matter at the Post Office at Detroit, Michigan under the Act of March 8, 1879. JOSEPH DARAGO LAID TO REST Funeral services were held for Joseph Darago, former Supreme President of the Verhovay Fraternal Insurance Association, Friday morning. May 15, 1953, at the Magyar Home, Akron, Ohio, Rev .Arpad Bakay, pastor of the First Reformed Church, Akron, offered prayer's for the deceased. Mr. Darago died in Florida while visiting his son. Friends from many points, some of them old time Verhovay associates, came to pay their last respects to the memory of the man who had spent many years in Verhovay service. Director Coloman Kolozsvary spoke in the name of the BoaTd of Directors. The Home Office was represented by National Auditor John Sabo. The National Officer, who as a young member of the isecond generation became acquainted with the deceased, expressed the sympathies cf the National Officers in English. Present also was Dr. Samuel C. Gomory, Chief Medical Adviser, old friend of the past supreme president. Bela Takacs, president of Branch 91, Akron, Ohio, of which branch Mr. Darago was a member, spoke for the branch. Our sympathies to the bereaved survivors of Joseph Darago, veteran Verhovay member and supreme officer. HONORS PAID DR. SAMUEL C. GOMORY Honors — well deserved — were given Samuel C. Gomory, M. D., Chief Medical Advisor of the Verhovay Fraternal Insurance Association, at a program held for him Saturday, May 23, 1953, in Stephen Foster Memorial Hall, Cathedral of Learning, University of Pittsburgh. The occasion was the public recognition by his associates, friends and well-wishers of Dr. Gomory’s twenty-five tirelessi years as President of the Hungarian Room Committee, the body in charge of the beautiful Hungarian Room at the Cathedral of Learning, University of Pittsburgh. Under the direction of Dr. Gomory, the Hungarian Room has grown from a humble and difficult beginning to one of the most elaborate, informative and eye-appealing cultural rooms over the entire land. A beautiful album, signed by the university and committee members, in testament to Dr. Gomory’s achievements, was presented by Mrs. Ruth C. Mitchell, representing the University . of Pittsburgh. As a physician with offices in Pittsburgh and McKeesport, Dr. Gomory has led a very busy professional life, yet he has made the time necessary for the accomplishment of all that he has done for the Hungarian Room. A salute to Dr. Samuel C. Gomory! VERHOVAY GREETS SISTER SOCIETY The Verhovay Fraternal Insurance Association sends its' best wishes and felicitations to its sister Hungarian Society, the Rákóczi Aid Association, its members, officers and directors, on the occasion, this year 1953, of the society’s sixty-fifth* anniversary. The Rákóczi Aid Association was founded in 1888 and was named for Francis Rákóczi, princely Magyar leader of Transylvania, who with his adherents, known in Hungarian as “kurucok,” fought hard and valiantly for the recognition and freedom of the people of Hungary. Many of its members are the descendants of the supporters of the great Rákóczi. The Rákóczi Aid Association has its home office in Bridgeport, Connecticut. Its membership numbers about 27,000 today. Many Verhovay members are also members of Rákóczi. Though in the strict business sense we are competitors, Verhovay wishes well for the Rákóczi — also the other Hungarian insurance societies. It is our ardent hope that some day the warmth of feeling and deep loyalty, which the Hungarian societies hold for one another, shall lead us ALL to a COMPLETE UNION as ONE GREAT HUNGARIAN SOCIETY. LETTERS FROM AMERICA I Just Paid My Taxes .Millions of us in America have recently filed our 1952 income tax returns. Those of us who earned over $600 last year have just given a part of our income to the Government of the United States. Many people abroad might be interested to know more about the American income tax structure. Too often people in other lands picture the United States as a country of perpetual prosperity in which we all become rich with a minimum of hard work. A basic misconception is that the American people can afford to help other countries because we are blessed with an unlimited and endless source of dollars. There is a second misconception. It is that American capital and capitalists are protected -and favored at the expense of the average man. Our letters abroad could help correct these, misconceptions. A simple statement you might include in your next letter is, “I just paid my income taxes for 1952. and it turns out that I worked a good part of the time each day for Uncle Sam.” You might explain that the taxes you pay, and the taxes of you neighbor, furnish a large portion of the money which goes abroad yearly as American aid. In 1951, you and I paid out $21,000,000,000 in income taxes, almost a third of the total Federal expenditure of $66,000,000,- 000. It would not be altogether true to say in our^letters that we enjoyed paying our taxes. But we can point out that taxes have become an accepted part of American life. In the 40 years since the ratification of thq 16th Amendment to the Constitution, which first authorized the income tax, rates have become higher and higher. It seems that the average American has become increasingly aware of America’s responsibilities and accepts his tax burden with more arid more understanding. Certainly ha continues to tax himself, through his representatives in Congress, and continues to support aid abroad in the hope that dollars spent now may avoid another world-wide and devastating conflict. To correct the misconception that the American rich are favored by our tax laws, you need only quote a few simple figures. For example, a person earning a net income of $4,000 a year pays $936 tax, or about 23% of his income. Another man with a net income of $100,000 pays $70,216 or over 70%. In cases of extremely large incomes, the government collects as- much as 88% in taxes. A wealthy man, therefore, pays an overwhelming proportion of his yearly income in taxes. Big business, too, is heavily taxed. Both the noymal corporation tax and an excess profits tax work to limiti profits. The amounts paid by corporations in the major industry groups in 1951 gives some indication of this limiting effect. In the paper industry, for example, profits before taxes were $1,417,000,000; after taxes profits were $559,000,000. Profits in the iron and steel industry dropped from $2,524,000,000 to $906,000,000 after the government took its share. So it seems that we all pay taxes, from the United States Steel Company down to the man who earns $15 a week at a part-time job. The proportion we pay is determined in general by our ability to pay. The money which ends up as Mutual Security and Point Four assistance comes from the daily wages and income of the individual American and of the industries in which he works. These are the points which could well be included in our letters 'abroad. (Common Council for American Unity) TOLEDO BOWLERS CAUGHT IN ACTION John Simon of Branch 27, Toledo, Ohio is shown just as the ball leaves his hand, while other Toledo bowlers are preparing for action. The Toledo bowlers contributed greatly to the success of the tournament.
