Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1911-09-05

the bill, and everybody recognizes that
the law as 1t was finally adopted, IN
that respect, was a victory for the big
city banks and defeat for the small
country banks. Again the president was
found in the company Of the reaction
aries and not with the progressives.
Diseussss Income Tax.
"Fcurth-The progressives were ex-
ceedingly anxious to attach an income
tax law to the Payne-Aldrich tarin act.
We had good reason to believe that the
president was with US in this effort,
but at the moment when it seemed
| likely to succeed. the president under
the leadership Of Mr.. Aldrich and his
close associates, brought forward the
| so-called corporation tax law ana de-
feated the proposal to levy a tax upon
| the great incomes Of the country. he
did this thru the fundamentally OF the
most pronounced reactionaries OF con-
gross. l think it must be conceded that
whatever else may be said of his ac-
| ton, he did not take the progressive
view We were discoura ged by the
suggestion that we would be able to
secure an amendment to the constitu-
! ton, and we could then have an IN
come tax law Of unquestioned validity;
| but the constitution has not yet been
| amended to remove the doubt, and 1t
is exceedingly doubtful whether it ever
vii; be.
| "Fifth-The attitude Of the president
toward our public domain, or, as stated
| in more common phrase. toward the
| conservation of our natural resources,
| can only be understood after COM
plete review OF all that has been done.
| and this is not the time to undertake
| it, All that I care to say is that lie
seems to be out Of harmony with
those who were recognized before his
advent into office as the best opponents
of the conservation policy: and. 50 FAR
as l know. his appointment OF MI
Fisher as secretary OF the interior was
about the first act of his administra-
ton which comm anded the approval OF
the proeressives turnout the country.
"Sixth-With respect to the Canad-
| ian tariff bill there is. OF course. the
widest difference of opinion. Recipro-
city is progressive term. but think
! it is true that most of the progresslVes
have been unable to find in the Canao-
ian bill the essential elements OF re-
i ciprocity do not desire to repeat the
arguments 1 have already made in an
other place against this measure. II
! is false pretense from beginning to
end. It gives free pulp and free paper
| to publishers using print paper and IT
! gives free farm products: but 1t Will
! not reduce the cost OF living. and i,
will not. in my judgment widen OF
| enlarge our markets for manufactures
! in Canada Its evil effects have been
greatly exaggerated. and it's beneficial
i effects are almost wholly imaginary.
Raps Newspapers.
| The newspapers have their free
| pulp and free paper. and ! can easily
understand why the measure looks &c
:, them as progressive legislation. but &c
those of US who have been laboring for
a systematic and com prehensive reduc-
ton Of duties. as they Will. In al! the
schedules, represent the difference be-
tween the cost Of production at nome
and abroad. the Canadian bill is the
most unfortunate act OF LEGISLATOR
passed within the period OF the present
administration. for it has destroyed
the chance OF fair revision OF the
the tariff along republican lines 10Y
wears to come. 1t is perfectly appaf'
en-, that we must now either sufei
the injustice of the Payne Aidrlcf
tariff law Indefinitely. or the perils OF
democratic bill for revenue only. II II
hard for me to think OF the Canadian
bill as progressive. believing as az
that the passage was the result OF al
understanding between the president
and those eminent reactionartes. Pen
rose Of Pennsylvania and Lodge o.
Massachusetts. that II they would set
j, thru the senate. all other tariff bill:
reducing duties should be vetoed.