Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1913-04-22
INCOME TAX
TO WIPE OUT
THE DEFICIT
Tariff Makers Admit Income
Under New Bill VIII Not
be Sufficient
ESTIMATE RECEIPTS
AT $92O,OOO,OOO
BY The United Press.

BY The United Press,
WASHINGTON. April Sound
ing the keynote OF the Democratic
tariff revision program, the IA Demo
Gratis of the House Ways and Means
Committee. who framed the Wilson
Underwood bill today submitted their
report TO the House
That trusts and monopolies--a hot
house growth" Of high protective tariff
pollcies-have thrived under the Re-
publican regime, and that COM
petlve" tariff TO reduce the high cost
Of living is imperative, is the Demo
cratic tariff battle cry
Hot shot Is fired at the Republi-
cans in the Democrats report The
Payne-Aldrich bill. although not so
specially designated by name, Is de-
nounced in the report on caustic
terms.
The Democrats give the following
construction to the tariff revision
pledge, Baltimore platform:
I'VE believe this pledge contains
two essential ideas the establish
ment of duties designed primarily to
produce revenue without thought OF
protection, and the attainment OF this
end by Legislation tnat VIII not IN
jure or destroy legitimate industry.
The Democrats estimate that animal
receipts under the Wilson-Undcr-
wood bill will aggregate $926,000,000
and expenses s994.009.O00 with the
deficit Of $6S,790000 to be cared for
by the income tax. They have pro
yided. however. for revenue OF $70,-
125000 from the income tax. upon
425,000 incomes.
The present high tariff policy, the
report declares, I'm no way repre-
sents the choice of the people. Tarin
taxation was never returned to the
ante-bellum basis Interested per.
sons have succeeded In continuing
duties upon the ahnormally high level
The tarin situation has gradually be
come intolerable.
Expectation of redress was blastei
by the tarin act OF 1909 This meas
ure, IL anything. made condition.
= worse. u brought no real reduc
tion aud resulted In some advances
due largely to reclassiflcatlons whic'
concealed the real rates.
There are deplorable conditions Il
! the present economic system IN Ne'
I York, for instance, directly assigna
! l,le 10 the tariff Thls could be iit
otherwise IN view of the lonR-contin
1 ued high protection aid the peculIa
, alliance that has long existed betwoe
the interests proftlng by the vnrea
sonable rates and the political part
imposing such rates"
] Detailed statistics upon the increas
} ed cos of living arc given In the re
port It is declared that all product
have increased 46.7 per cent sine
1897. Specific increases over 1883
are given as follows:
Farm products, 1872 per cent: food
467 per cent: clothing. 1913; metal
and Implements. 49,. and house fur
: nishings, 242. she highest 'ncrcas
is stated to be lard. with 1874 per cent
and mess pork, 122 per cent.
Formation Of gigantic Nfusts unde
the protective system is evidences
with list of several hundred cor
, porations with billions Of capital Tn
protective system is also charge
, with causing too rapid depletion 0
! natural resources.
Defending the placing OF sugar an
, raw wool on the free list. the Demo
, Gratis say they have responded to pub
4 lie demands.
AS a reason for using the ad va
loren system OF fixing duties tn
Democrats state that the specific dut
l"masks the real character and tarif
and keeps the consumer who pays tn
cost in ignorance Of his real contrl
buttons"
"The poorer classes bear the chic
burden OF custom house taxation,
Continued On Second Page.