DIY History | Transcribe | Nile Kinnick Collection | Nile Kinnick correspondence, December 1942-March 1943

Transcribe
Translate

Nile Kinnick correspondence, December 1942-March 1943

1943-01-24: Page 03

Again Ben, you told us that you had requested a transfer to the Marines and had
given P boats as your  first choice of ship type.    I am wondering why you chose the
P boats?    And what are the patrol types that you have at Corpus?    Do you have any
idea how long you will  be   down there and when you are apt to be commissioned.
IMPORTANT:     I  have  a  request   from the  State Farm Life  Insurance  Co.   for the date
on which you ensured the service.     Can you give me the date on which you enlisted
and the date on which you reported for training?    Both of you please answer.
I  believe that   I told you that we had received your  government insurance  certificate,  didn't I? If you will send up your other bonds I will put them in the
safe box too.    Maybethey are in your trunk that has been missing so long?    About your
income tax,  I believe that  Ben will not need to make any report for 1942 because
of insufficient income.    I may be wrong,  but you can readily figure it.    You, as
men in military service are allowed an exemption of $250 at once. If the remainder
of your income was more then $500 you must file a return but no tax need be paid
unless your income was enough over $500 to  leave a taxable income after making the
other deductions  such as taxes,  interest, charities,  losses, depreciation,  etc.
Nile, you will have a report to make and if you will supply me with the figures I
will prepare it and file it.     The reports must  be filed by the 15th of March in
any event.    Men in the service may defer payment of their tax until after the war
if they choose and if they apply for that deferment.
In about another week the  season of annual meetings of the  local loan associations
begins, and it looks like I  shall be on the   road for about three weeks, mostly in
the western part of the district, that is northern Iowa. Points definitely on my
schedule  are  Onawa,   Sioux City,   Hawarden,   Newell (Buenp  Vista),   Odebolt,   Rockwell  City,
Nevada,  Eldora,  Grundy Center,  Cedar Falls,  Shell Rock and Sumner.     Ought to be
plenty of time to write a few letters as the strain of a fifteen or twenty minute
speech is not great. Transportation,  by bus andtrain, will require the most study.
I met Mr. Covert on the street last Friday and he toldme that Ed graduates in a few
days and will  be  in the  service  right away. Casey is  still  at  the  Navy proving
grounds down the river from Washington, where,  according to my informant,  he is
indispensible to the commandant and hss  been doing some  big construction jobs.
When I get over to Nevada I may run out to the  Beta House if the opportunity comes.
Just now I called Bert Hobbs for any news of Bob,  andhe told me that  Bob is  still
at San Francisco waiting for sailing orders.     He gets three or four days leave at
a time but must  stay within fifty milesof the base.    Nothing definite on when he   .
may embark, nor even where he may go. His mother is there still.     She has sisters
at Modesto!  Remember that place?  Which reminds me that I  saw a piece in the Sunday
paper -which may recall a little mountain excursion that you lads once took.    I will
send to Ben and if it  seems interesting enough he may sendit to  SB.
This will be all to-night, my sons. Love        Pop
Nile: I  checked up the  records  on that   eighty  south  of  gramdma's   farm and learned
that   it  is  owned by Harlan C.  Litton of  Glendora,   California. Lives   in
a nice place,   judging from the name.     He  bought  it  in 1940 and,   according to
the  deed,  paid $8,000 for  it.     The taxes  are  low,   $61.80 payable  in 1943.
Would  say that the  price  paid was  just about market value at that time.     He
would hardly be  justified  in  selling for anything like that,   unless  he  needs
the money badly.     I   shall write  to  him this  coming week.     What would be your
reaction to  putting your  funds  into some more  good  common stocks  of the
class  like Penn RR?     I  favor the   land investment  if the  right piece can be
found,   but  it may be  herd to find,   and a profitable  acreage might  have to be
bought  on a  shoestring with only two  grand available;   and mother would raise
objection to that  sort  of a  deal, and has.     We   shall  see what  comes  up.

Saving...

Again Ben, you told us that you had requested a transfer to the Marines and had given P boats as your first choice of ship type. I am wondering why you chose the P boats? And what are the patrol types that you have at Corpus? Do you have any idea how long you will be down there and when you are apt to be commissioned. IMPORTANT: I have a request from the State Farm Life Insurance Co. for the date on which you ensured the service. Can you give me the date on which you enlisted and the date on which you reported for training? Both of you please answer. I believe that I told you that we had received your government insurance certificate, didn't I? If you will send up your other bonds I will put them in the safe box too. Maybethey are in your trunk that has been missing so long? About your income tax, I believe that Ben will not need to make any report for 1942 because of insufficient income. I may be wrong, but you can readily figure it. You, as men in military service are allowed an exemption of $250 at once. If the remainder of your income was more then $500 you must file a return but no tax need be paid unless your income was enough over $500 to leave a taxable income after making the other deductions such as taxes, interest, charities, losses, depreciation, etc. Nile, you will have a report to make and if you will supply me with the figures I will prepare it and file it. The reports must be filed by the 15th of March in any event. Men in the service may defer payment of their tax until after the war if they choose and if they apply for that deferment. In about another week the season of annual meetings of the local loan associations begins, and it looks like I shall be on the road for about three weeks, mostly in the western part of the district, that is northern Iowa. Points definitely on my schedule are Onawa, Sioux City, Hawarden, Newell (Buenp Vista), Odebolt, Rockwell City, Nevada, Eldora, Grundy Center, Cedar Falls, Shell Rock and Sumner. Ought to be plenty of time to write a few letters as the strain of a fifteen or twenty minute speech is not great. Transportation, by bus andtrain, will require the most study. I met Mr. Covert on the street last Friday and he toldme that Ed graduates in a few days and will be in the service right away. Casey is still at the Navy proving grounds down the river from Washington, where, according to my informant, he is indispensible to the commandant and hss been doing some big construction jobs. When I get over to Nevada I may run out to the Beta House if the opportunity comes. Just now I called Bert Hobbs for any news of Bob, andhe told me that Bob is still at San Francisco waiting for sailing orders. He gets three or four days leave at a time but must stay within fifty milesof the base. Nothing definite on when he . may embark, nor even where he may go. His mother is there still. She has sisters at Modesto! Remember that place? Which reminds me that I saw a piece in the Sunday paper -which may recall a little mountain excursion that you lads once took. I will send to Ben and if it seems interesting enough he may sendit to SB. This will be all to-night, my sons. Love Pop Nile: I checked up the records on that eighty south of gramdma's farm and learned that it is owned by Harlan C. Litton of Glendora, California. Lives in a nice place, judging from the name. He bought it in 1940 and, according to the deed, paid $8,000 for it. The taxes are low, $61.80 payable in 1943. Would say that the price paid was just about market value at that time. He would hardly be justified in selling for anything like that, unless he needs the money badly. I shall write to him this coming week. What would be your reaction to putting your funds into some more good common stocks of the class like Penn RR? I favor the land investment if the right piece can be found, but it may be herd to find, and a profitable acreage might have to be bought on a shoestring with only two grand available; and mother would raise objection to that sort of a deal, and has. We shall see what comes up.