The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1909-03-01

Washington. Ach, .--Dpenly aud
without question hnance ls gems 40
bc the most important facio- IN leglA
latlon before Congress during the next
fpw months While aNaliH bin "a lo
he drawn. money viii be mentioned
twice where schedules win be olgtt
This Is because Of the present dehclt
and the apparent inability OF the Go'
eamrni to meet iis ohllsalions unde.
thn present system, so. the special
session ls ID fact going 10 be largelf
discussion 81 finances and tariff viii
draw the calclum only paft cf the
fine. Already members of Coa3reGa
have commenced 10 make speeehUs
shout finances. They cannot wall UNI
III the special sebsion N 0a
Champ Clark, leader of the minority
has Injected the question OF money
several times aIfeady IN fact MI
Clark has been watching very closely
the liuctliluns of the stock marke.
and openly stated on the floor Of the
House thar there we're slgns of au.
other panic. and called attention %
the fact that the ccndltlcn os the
treasury docs not bolster w the sinen
cial courage of the country
10 hold the eaiami,y % aDeyance
Mf. CLARK says three courses are open
10 Congress. This lirsi Is 10 make 2
material reduction Ii all tafisf sehed.
ules. and do II At once, 30 that the
tariff shall beccme a revenue tariff ID.
stead Of q protective tariff rbe sec.
ond n o cut down sne hlg approprin
tioH bills which are draining the treas.
ufs 10 a. alarming stage, and mol
spend so much money with no visible
supply "a aishl 8 feplenlsn il She
thlfd, anu mogl undesirable Is q bant
Issue. This MR. c,ark fears would
nFeclptato panic. though Il would
Rel the money
There are plenty Of ways to raiac
the money By indirect taxation, bu;
every one Of them seems b BE- ssaugh,
with political danger Ia the party tha,
dlges 70 put them into effect The
Income tax while Il Ii opposed by NIL
CLARK 10 endorsed na q Democratic
measure Df mort 81 his colleagues
and many Republicans favor ii. a
Bill haA alfeadg hsen drafted by the
treasury department Itself md viii bs
Introduced at this session 0f C0ngres
~ Frederick G. stevens. Of Minnesota
providing an income tax Duf many
aatHle politicians zee the clamor oi
protest thHi a9ah a measure would
oull forth from the weli.to.du elaaRes
WAIIe they may be Be able % apnt up
p support The Government that does
Tot signify their willingness 70 DO 80
ana w0e to the campaign fund Of the
party that puts such 4 bin into che
hW.
The bEgesl revenue nroduclnf
ilema that have Been discussed arc
coffee and beer Il rs proposed Ia
.nefease lhe tafia on coffee five cent.
aHf pound This would rilse HstF mil
lon dollars. It is estimated The al
ailional price ag five cents per pound
would MOI make any difference 10 tht
Hdfspus whose financial status permits
tham 20 drink fna Mochas aud Javas
ri from every crossroads store and
aaanlry grocery there would be Die
Hu4 when the farmers went lp MnU
FOUND lhp price on pauni d cor
Zee which they have bought for 4eaii
81 s. cents raised 10 80 cents -,
Nould have lo pay the extra tarin
Aud ne would want TO know who pul
saai extra Ave eehta On his package
II r0fgee Then be wouN Plste lns
hlane OF lhe political party respousl
Sc for the lari2 The same pfoposi
ton would apply on beer which n h
proposed to tax two dollars per bar
sal instead of one, the present inter
Hi Favenue sax The beer afmgel, n0
he brewer would Fay that dollar. ia,
iaero are a good many beer afial,url
g the Unlied States
he wartime devlce 81 raising rev
eHHe hY stamping checks md 81 Il
aal and nancis documents Il heinl
discussed though ihere Il nrnhahl'
sc ether known system 0e raising rev
enne 50 unpopular aa inis. MOI 50 iiuci
heeause Of The amount Of money I
costs 90 indleltIeal as on account d
the annoyance
50 9ilee all We fnd thar the inei
charged with reYislnR the tariff nrl
mol talking 80 much about Adjustment
of schedules as they are how to &c
the money And lhe question Of Gal
tins the money without losing p0liiicn
#lYansagu is Just al this particula
time shout the hardest problem re
pphllcam have bad n solve FOR sew
eIaI decades