Show TAX DODGERS' PARADISE 3 Continued from page fifteen Small des Plum de Mn el Cock tirangers the corporation tions If they sailed under the Monacan flag they would be subject to certain French taxes under the provisions of the treaty tween France and Monaco Greek ships are supposed to be registered for tax purpori in Greece However Aristotle Onassis who was at one time honorary Greek Consul General in Argentina suddenly turned out to be an Argentine des which founded the Casino and built the- town of Monte Carlo to go it The directors refused to opewtKeir posh playground to vul- Mr Onassis was his dirty oil drums and go somewhere else Aristotle Socrates Onassis however is not a man easy to push aside He had left Greece at the age of 16 unschooled and hungry to turn up 10 years later a multi- millionaire Rebuffed by the stiffshirtecl gentlemen of Monte Carlo OTIASSiS quietly started buying up the shares of the Soclité des Barns de Mee which was stagnating on the Paris stock exchange I e ' t - I ' I: 1 Ns Got 1 ' bothering to appear at the stockholders' meeting himself he deposed the old board of directors and fired the top managers Monaco went into a dither In the golden age of roulette the old management in exchange for its gambling monopoly had maintained the principality's public utilities and made the nation rich k with its on the Casino profits But it had sunk low in recent years bringing in a mere five per cent of the treasury receipts or about half that provided by the sale of the nation's colorful postage stamps ATP 0 U wow lit t'' 4 ): lir 4 : - 4f ao - a "1-- ' 0) ' t I'v - - l' '' 7 v 440- - (h A4 loot800018 r s' - 40 0- " ( ' (41 c c ic - ' - - - 4 - 4: w - r t VI ' 'Illfplk ---- ''''--- d6 N 46 C4 ')C' ' 'W: ‘1 "11EIF4 I 1 111 : ED Y - 4 mo-Nomett i 1 NIr e-- Lt '' w to Si 1& ' -- - 1- 6 I Ady --pl 6 16 i 'Als alkia i - t ri You know N 4410‘111: 't:661111: 'II t L toot' 11(1 vioi it iie' Etk 4 ual:0-- r- f '' ' j '1 - :14-1:- ' 41' 4 4 NI: M 01 1-- How about a change-of-pac- e in the sandwiches you've been fixing lately? Armour Star Pantry-Shel- f Meals like these offer you almost endless variety—and better still they rum e sandwiches into full meals They're wonderful-tastin- g of course— but they're satisfying and nourishing too Hot or cold simple or partyish—take your choice Get your free copy of "Pantry-Shel- f Meal- s- full of recipes for more than 25 different Armour Star Pantry-Shel- f Meals—write Marie Gifford Dept 656 Armour and Company Chicago 9 Illinois Illt i' ' IP''2 - 0 I 4c 04'''N k190 - 'MI l ril 4 fi p - -- 10 1 '4' ' MEN ' "' ‘ Lamm mu - " 't t lo ' i ' ' '1 its good!! i" I I k 1 j The Armour Star label t is one of the worlds great guarantees! 1ii '' -- k 1' e 7b4 4t:: ' F 4" ' w 7 - N - (4 - - 44 4 e' ' g' ( Itt ) C D' - ' - - a i ''' t ' - 4--1 ( l oVe ---- -- - 4 ' itt"10 dis- - !"::: ‘opdre ' 4 : ' li Continued on next page --- 4 - : 1b - ' ': ?'''4 4' 1 i s - intone "Leetle Joe" and "Beeg Deek" The new Onassis management has put the emphasis back on swank The Casino its threadbare -- - 'A' - ' io 7 II a J 4 -i- o : - 4d-1?e:- liootoeno00: fill'W 7 4 r': - ' -- wr - :o I '1' (1" c 4-- 1144 - 's- Jet ''5t 44 A v - - 0 '1-'4- ' - 01 ' - ' ' - -- filiialci-vilm- k t - - 6 ' '' 44 l N ''- - coetdir :10011 rtif '''A'f ' ' ' 1( - - go" AP - ''‘ "' ' - um -- - - t 0"- '''' L '"' e' IN je ''''kg 4 'Ipw -' i:::' '11 : 4 t ' ir 4 r 11wsw ists heard croupiers ARENA (tOpp 414 ( 0' - 41 24 P4P- ar broke Anawer r - www- J4--41 1 I r) n 0 lill : 1 1 V117 :v s' I) '11011 i )11' 1 li J ( patched a crew of croupiers to the Far West to learn the game and then set up dice under the ttables Since carved arches of craps players refused to come in if they had to dress up the Casino next relaxed its strict dress regula- - sludgy tankers? The answer came 110011 enough Onassis ships would remain registered in Panama Liberia Costa Rica and similarly indulgent na- - --- - ii primacy Monte Carlo made two concessions to the 20th century Hearing that Las Vegas Nev was waxing rich on a peculiar pastime called "craps" the management la14141frirw 7r47110'1CTIP:v I IMF Lootk Jo" to regain its old TRYING THE question Monacans were asking was would this mysterious new boss let the gambling business go completely the beautiful yacht basin with his I : 11 kick-bac- His Wi'::4-4'445I(44'7-1:"':'-'- tax-fre- It All - -- his ships registered in six countries he maintains homes in four others avoids the French tax on his ships and the Greek tax on his company How income tax he pays mpanypersonal not known but his co in Monaco is e This Monaco hopes will be an example to others who do not like to pay income taxes As a businessman who cannot refrain from making money Onassis having almost inadvertently come into possession of the Casino and its satellite attractions set about reviving the business of gambling For a long time Monte Carlo had the Riviera monopoly on roulette since the game was outlawed in France This monopoly ended in 1936 and since then tourists have been losing their money in the casinos of nearby Nice and Cannes as well as San Remo in Italy IN THE end he owned the outfit — beach hotels theaters baths gardens restaurants the historic Casino itself — and the Winter Sporting Club in which the offices of his shipping company are now firmly settled It cost him an estimated million dollars Without 1 meat sandwich lunches! citizen - ur quick-Armo- nd th eAr commerce told to take good-a- --- - c:::1 '"'z-- L 4 Ert :iifer'r' I i! It la ' i t smosiED -- 111 4 v- E--'! L' ---- -I -- i i Lean s - r- :'-- T - im --: I 4- U -: --- x 1)f ' 4 25 - |