The Dawson news. (Dawson, Ga.) 1889-current, 1914-04-24
FOR EXPENSES OF WAR
MILLIONS WILL BE RAISED By
INCOME AND STAMP TAX.
United States Enters War With Mex
leo in Better shape Financially
Than i'm War With Spain.

Than i'm War With Spain.
WASHINGTON - War revenue
needed by this country should inter-
vention become necessary. will be
raised either by doubling the income
tax or. by imposing special stamp
tax, or by both.
1t is estimated that the proposed
increase of the income tax would
yield an additional revenue of ap-
proximately $1OO,OOO,000. The spe-
cial revenue stamp tax can be made
to yield another 100000. These
two special taxes will supply all the
war funds necessary, at least at the
outbreak of the war, should 1t follow
present developments. Heavier ex-
penditures will come with the calling
out of the militia, but this would
come later. 1t has been decided Dy
the army experts that the regular
army will have to be augmented, II
for no other purpose than to do pa
troll duty along the Texas border
and prevent guerilla invasion.
Members of the house ways and
means committee have under con-
sideration the war revenue measures.
1t will be thrown into the house
few days after the declaration OF
war, should it come.
To support the volunteer troops,
10 provide for their maintenance and
transportation it is estimated would
cost this government $500, 100000.
The war revenue measure viii be so
framed as to make possible the meet
ing of all contingencies.
Well Prepared Financially.
An influential member of the ways
and means committee, which will
have to provide for raising money,
said yesterday:
eve will go into war with Mex
leo in far better shape than we were
financially when the war with Spain
was declared Our treasury can meet
at this time a heavy emergency
drain.
"Our land and naval forces are
we'll supplied with powder and shot;
we have our troops on the border
and our navy in Mexican waters. We
will be saved the heavy immediate
expense of supplying large quanti-
ties of costly munitions and in the
81 chinc fnr the
use of the navy.
eve can move our regular troops
on the war department appropr1a-
tions and our naval forces on funds
under control of the navy depart
ment. We are prepared therefore,
for immediate needs.
There will be but little difficulty
in framing any new war revenue
measures. We will not have to
change our tariff or internal revenue
laws. The new income tax law gives
an excellent opportunity to put the
new tax in immediate emergency
use, iustifying one of its most inn
portant functions. We can impose a
special war tax on revenue stamps,
which has been a customary measure
in raising war funds.
"All the agencies for collecting
such special taxes are now organized
and in excellent working order.
There will be little additional ex-
pense on the government collecting
the new taxes and the burdens from
such taxes will fall upon those best
able to bear them
Under the suggested special stamp
tax the greatest sums to be raised
by the bill will be distributed among
the items in substantially the fol-
lowing sums: @
Fermented liquors, 1896. 900. 600:
tobacco licenses, $1,000, 900. Other
large amounts will be raised on such
articles as wines, mineral waters,
chewing gum, tonnage on vessels,
telegraph messages, inheritances,
warehouse receipts, mortgages, pas
sage tickets from the United States
to foreign ports and other items.