Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1914-09-05
WILSON DELIVERS
SPECIAL MESSAGE
APPEALS TO CONGi,Ess ron RE.
LIEF FROM HUNDRED
MILLION SHORTAGE
SUGGEST QUICK METHODS
Quick Action Taken by Committee
and Many commodities sug.
gested a. Rear Emergen-
cy Taxation

WASHINGTON. ID. c.. Sept g.
We will pay the bill though We did
not deliberately incur IT. said Pre-
sidcnt Wilson today, In presenting
before the Joint session OF Congress
an appeal for an emergency internal
revenue measure TO raise a hundred
million dollars, the governments
probable loss In customs receipts be-
cause of the war in Europe
His only suggestion as to the me
thod OF levying the tax was that
sources be chosen that would begin
TO yield at once, with certain and
cOstant flow
His appeal met with quick action.
Speaker Clark Immediately referred
the message TO the ways and means
committee
Democratic members OF the com
mittce met tonight and began the
consideration OF plans to raise add
tional revenue Various members
suggested gasoline. railroads. amuse-
ment tickets. increase In beer tax.
domestic wines whiskey tobacco pro
ducts chewing gum, soft drinks aud
playing cards as proper sources Of
additional revenue.
Following Is the full text Of Pre-
uideat Wilson's address 10 coRgress'
assembied IN Joint session. on the
need OF ewergency- revenue legisla-
iloni
"Centlemenr OF the congress:
Il come 10 YOU today. 10 dis
charge a duty which wish with all
ms heart / might have been spared
hut u o. duty which {, very clear
and therefore ! perform Il without
hesitation or apology come tO
ask very earnestly that additional
revenue be provided for the govern
ment
During the month OF August
there was. as compared with the cor
responding month Of last year, 2
falling Off of t10.G29.53S Ia the re-
venue collected from customs A
continuation of this decrease in the
same proportion throughout the cur
rent fiscal year would probably
mean loss of customs reVenues OF
from $50 90 100 millions need
not tell YOU 10 what this falling off
D. due n h. due, in chief part. not
to the reduction recently made Ia
the customs duty. but 20 the great
decrease Ca importduon. aud that
BE- due 90 the extraordinary extent
Of the industrial area affected by
tho present war In Europe Condi-
uons have arisen which no man fore
saw they affect the world of com
mer,e and economic production aun
they must h" faced and doalth With
"lf would be very uuwi-e ~ post
puno dealing with them Delay in
such ID matter and in the particular
Circumstance. iu which wc nov find
oursalve- as nation. might involve
consequences of the most emharrass
ing and most deplor1ble sort Tor
which O. for one. would not care tu
be e.pousiulc u would be ver'
dangerous in the present circum-
stances. tu create moment doubt
a. to the strength and suineiency
of the treasury of the United States
b.. ability 20 assist. 10 steady and
sustain the financial operations OF
the rruutry'- business lf the trea-
sury De- known or even though, 90 be-
weak where will be- our peace of
mind Tho whole industrial acti-
vity of tho country would be- chilled
and dcmOraliyed Just nov. the pc
culisrlv difficult financial problems
of tho moment arc being successful
Is dealt vitu with greet -"lf-posses
sion and good sense and very .ound
Judgment. but they are only IN pro
cess of being eorkcd out n the pro
cess OF solution o. 20 be completed.
no ono must be given reason 90 doubt
the solidiiy aud adequacy Of the trca
.rrt of fhe government which stands
behind the uholc method by which
our difnrriuCs are being met and
handled
Tho treasury Itself could got a
long frr considerable period no
doubt without immedirte resort 10
new source. of taStsion Put a. what
COS, io tho business of the ccmmu-
nlty Approximately $4,000. .ooo.
large part Of the present treas
urv balance g. nou on deposit Rith
national hank distributed through
out tho country q ls deposited. of
.our.e on call T need not point out
10 vou what The probable conse-
quences of inccnvcnience and dts
tross and confusion would b. " he
diminishinr iHcome of The treasury
should make it nrressary rapidly %
wHhdrsu thee deposits And vet
without additional revenue. thai
plainiv might become nece--arY ana
the time when f became necessary
could NOT be controlled or deter
mined bs the sonvience ~ Tho coun
try It uouN have 10 b. fotermin
80 d, fhe onrraffHns and necessities