Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1914-12-10

war, by proclamation Of tho presl-
dent.
Discussing the income tax law the
secretary advocates a change iu the
| law 80 thar persons having gross
! income of $4,000 bee required 10 make
q return instead OF those persons with
a not income of that amount or over
such an amendment" he says,
| would simplify the administration of
| the Law, assure more complete returns
ana materially increase the income
amount of expense TO which the ~oV-
ornment Is now subjected In main
! tanning a sufficient corps Of inspec-
tors and Investigators To hunt out the
! people who have failed TO make re
turns" lie recommends also the re-
peal Of the provision by which taxes
do not accrue until ten days after the
| close of the fiscal year aud would
make them accrue July I each year
Although the law did not produce
the revenue expected, the secretary
says. II has proved satisfactory and eN-
| plains the administration of "a law of
that character has many obstacles 10
overcome at tho outset and that folk
/ are unaccustomcd and must be ed
| ucated to II. Taking the tables ot
returns Mr. McAdoo iufers that there
must be- many who failed 10 pay the
tax
"It is clear" says he, that there
were thousands Of persons who failed
altogether 10 make return as re-
| Quircd boy law. The remedy for this,
/ OF course, Is to have the collectors or
I internal revenue In each district make
an assessment upon those, VINO, IN
the opinion Of the collector are liable
to the taN, and in addition, TO make
such inv cstigauons as may hc necos-
sary to determine who In each dis
trict have failed to make proper re-
turns The experience of the depart
mcut shows that many erroneous ana
faulty returns have been made the
work Of discovering such cases, ne
adds, is being pushed forward with
all possible rapldity
The collection of revenue for the
fiscal year ended June 80, 1914 says
MIR. McAdoo, show the success oi
the tariff act Of October 3, 1913, AS
revenue measure" lie goes on TO
show that this act was estimated as
the producer of $270,0O0,00O in its
first year and that there was actually
collected S292,32O,0l4 That how
ever. included nine months under the
new law and three months under the
Payne -Aldrch law. He shows thal
the total raised under the new law
with its corporation and incom" i1N
features was S363,70l,2 ,2S9 or S9,hO3,-
5G2 in excess of the previous year
receipts under the preceding revenue
measure.
THE European war" said the sec
rotary, seriously affected the rev
enues Of the government from nm
ports Tho revenues from customs
for October l9l44, was Sl6,2 - wv
and for October, 1913, it was $50, 3S,-
O49. a decrease OF $lS,S66,22O. The
reduction is solely due to the falling
OFF in lmportations. The estimate
made by the department Indicated
yearly decrease of between SbO,Oo1,-
eco and $lO0,000,000. 1t Is obvious
that these estimates cannot be accur-
ate. rs no one can forecast tne
course of events while the titanic
struggle in Europe is in progress. %
keep the treasury in strong condition
i'm these abnormal times was opNHuSlH
;ae first duty of the hour. tpol IL
largely depended the safety OF pusl-
ness and finance in this country
Mr. NCAdoo again recommends 10
congress the consolidation OF thu rev
cuue cutter and life saving services
TO bear the name "coast guard serN-
ice" He urged the building Of two
more revenue cutters ana the Appio-
priation for leprosarium for the use
Of the public health service, lie am
nounced that the treasury department
Is making study of the facilltles ol
the parcel post in the transportation
of money and securities between the
treasury. subtreasuries and banks ne
points out that the total payments lol
such service to express companies
during the last three years nave aver
aged $4,000 and expresses the nope
that plan for the use of the mai''
or their use in conjunction with lhS
express companies, can be Workeu
rut to effect a large saving ana dloo
10 insure a much faster delivery serN
ice. He asks congress once more I"
give him a contingent fund OF w
600 to make effective Investigations,
cradicating abuses, etc. Summal les
of reports Of his bureau chiefs are
I, cluded in the report United Stats
Treasurer John Burke advises lhe au-
thorjzation Of n s. gold ceruil 'ate'
Thc revenue cutter service asks for a
cutter for use near the Panama canai
zone. Secretary McAdoo points OUT
that the federal reserve board VIII
make a separate report