The Rathdrum tribune. (Rathdrum, Idaho) 1903-1963, 1914-06-26
At NATIONAL CAPITAL
Paragraphs on Important Gov
eminent Affairs.
TROUBLE OVER INNING STOCK
Income Tax.-Canal Tolls Amend
ment as Passed.
The Tribune Bureau.
BY !. r. JONES

= ~ &ss~sssSS 49, s~s~e
BY !. r. JONES
Washington, D. C.-There is q
gold mine 10 North Carolina IN the
same county In which Senator Over.
man lives. and II It Is true, as the
senator has declared, that the records
Of the mine show that $1,000, 600
worth of ore was taken out OF the
mine, the senator would indeed have
been very poor citizen had he not
bought some stock 10 "Gold Hill
consolidated" Senator Chiffon Of
West Virginia, is also another owner
Of the stock. All might have gone
well, aud the senators might have
shared their profits and losses with
the other stock holders, had it not
been for the fact that their station
cry was used-quite by accident, they
explain, to put out come praiseworthy
comment concerning this particular
gold mine. Thereupon, "tips" are
said to have been whispered about,
and the stock scared sky-high
Finally it was published that there
was little corner In gold mining
stock among senators and other high
public officials. Then it was dis.
covered that the stationery upon
which the mining stock boom was
exploited contained the names Of a
humber Of other senators who enter
tained bitter prejudlces against
mining enterprises, and two OF these
were Senators La Toilette and Cum
MINIS. Senators Overman and Cbil-
ton are high 10 the esteem of the
country aud the national capital, and
they have started an investigation 10
the senate which they declare will
show they have done nothing Inn
proper. Senator Chiffon says that ii
''all goes to show what will happen
to democrat when he gets to fooling |
with gold standard. II he would |
stick to the old sixteen to one be |
would meyer have anyone question
his methods" In further explana-
tlon II appears that the wisdom OF
senators does not exempt them from
the common fate that befalls many
men. Senator Chiffon adds: 81 want
to say that will yield second place
to nobody in having money Invested
In gold mines. I have some in holes
IN Washington. In California, 10
Colorado, 10 Georgia, 10 South Caro-
lina, 10 Virginia, 10 North Carolina.
and probably 10 severa+Other states.
All my life / have fostered the idea
that possibly I might get out Of my
habit Of not having enough to pay
my bills by making strike 10 gold
mine. They have always looked at
tractive to me, and inasnuch as /
huve 40 much money 10 holes Of that
kind, I want to 20 to that kind of q
hole to get out the money which I
have invested"
The secretary OF the treasury In
slsts that the new income tax has
teeth 10 1t, and be has an army Of
assistants who propose to close the
laws Of the law upon the income tax
dodgers throughout the country
Somebody has been miscalculating
very badly, or there are more poor
people 10 the United States than has
been generally supposed, as the In
come tax will fail BY 81, 100000 OF
providing the revenue expected Of It
BY the trainers OF the new tariff law.
The treasury department experts"
estimated that the taxes on indlvid-
lal returns would be $24. .00Q. 900
more than has been produced. The ,
government 'sdragnet" has therefore ,
;hus far got little more than half
what 1t had expected. The demo- ,
rats, while patting themselves on
he back because Of their magnificent
e9Islative achievements OF the past
ear, are worrying themselves sick
'ecause Of ths lack OF necessary
evenue.
After al the hurly- burly connected :
nth the Panama Canal tolls matter,