TWENTY-FIRST ANNUAL YEAR BOOK— PART III 173 



in the state, and that is what they base their opinion on and the way 

 they interpret the law. 



The President : Are there any others. 



Mr. Failor: 1 want to say just this, I paid on the night show 

 only. We had an afternoon show, of course, but we paid only on the 

 evening performance. In preparing this resolution, I might state 

 that Mr. Roper is no longer connected with the Department of 

 Internal Revenue, but his successor has been named, altho 1 cannot 

 recall his name now, and in preparing this resolution it should be 

 addressed to the present incumbent in that particular office. I mignc 

 also say that lots of you ought to make application for exemption on 

 your capital stock tax, for that is within the provisions of the Internal 

 Revenue law. There is no question about your exemption from that 

 if you make application, and in your application state that you are 

 not organized for pecuniary profit, that you are organized for 

 the promotion of agriculture, etc., and you will get back an ex- 

 emption from the department on that particular tax. That 

 should be attended to, because if you do not do that there is also a 

 penalty on that. So that those of you who are not running for 

 profit, and I think there are not many that do — in fact, I do not 

 know of any that ever did make much of a profit — those of you 

 who are organized that way, make your application and get your 

 exemption, so that they won't be bothering you for your tax on 

 the capital stock. 



The President : The next topic is on the subject of Admissions 

 and that will be led by Mr. N. W. McBeath of Whiting, Iowa, who 

 has charge of the admissions at the Iowa State Fair. Mr. McBeath. 



N. W. McBeath, Whiting, Iowa: 



ADMISSIONS. 



When I received notice from Mr. Bacon that I was to appear before this 

 convention on a discussion of "Admission," I hesitated some time about 

 doing so. Having been connected with the Department at the Iowa State 

 Fair a number of years I realize the possibilities of discussion along this 

 line. 



There is, at this time, a gentleman in this convention with whom I 

 have been discussing a point for something like four years. He may 

 think he has won the debate but I am not through with him yet and hope 

 to continue the discussion before leaving the City if I can get him cor- 

 nered long enough to get the argument started. If I can only get him 

 started I know he will give me plenty of his time. 



