Evening star., 1915-11-18
President Unlikely to Recon-
mend Methods of Raising
the Money.
BOND ISSUE IS REGARDED
AS A POSSIBLE SOLUTION
Representative Keating Urges Tax
ing of Rich to Pay for
Preparedness.

President Wilson probably will
not make specific recommenda-
tions to Congress concerning the
methods of raising revenue to
meet the extraordinary expendi-
lures called for by preparedness
legislation, it was understood to-
day, but recognizes that the prob
lem is most serious one.
His plan will be, it is believed, to
urge the necessity for national defense
preparations and leave to Congress the
working out of legislation that will
provide the revenues. When the ques-
tion is at a stage calling for decision
the President will consult with demo-
cratic and republican leaders and give
his sanction to what he believes to be
he best method. By that time various
suggestions will have been proposed
and considered and the public will have
given expression to it's views on the
subject.
Would Make Rich Pay.
Representative Heating of Colorado
called on the President today with the
suggestion that the s250,00O,0 900 addi-
tional that must be raised each year
he secured from the rich, inasmuch as
the poor man would have to do the
fighting in the event the country is
ever attacked. Mr.. Keating told the
President there should be an increase
In the income tax and provision for an
Inheritance tax. He thought good, stiff
taxes from these two sources would be
sufficient to provide the enlargement of
Il Iry H.
administration.
The President listened to Mr.. Keating.
but gave no intimation of his own posi-
tfon. He has frankly admitted, it is
said, that the raising of the money
Is an extremely important part of the
whole thing.
The poor man will have to do the
service in the army and the fighting.
If there is any," said Mr.. Keating.
81 thing the rich man will not object
favor going back to a protective tariff
or to special taxes that will take the
money from the poor. When the
European war broke out England was
about IS per capita. In this country
the collection now is only Ss0.0O0,000 4
year. less than 81 Per capita. Nobody
in Congress will favor the suggestion
OF putting tax on tea OF coffee.
Opposed to Bond Issue.
IT would not favor a bond issue, as
has been suggested. The people will
eventually have to pay of these bonds
and will have to pay the interest dur
ing their existence"
Despite suggestions OF extra taxation
to raise the necessary money, opinion
today inclines to the view that the
President may finally sanction an issue
OF bonds each year to take care of the
extra appropriations. Getting the ma
tion ready to meet possible attack is
more for the benefit of the future, 1t is
argued, than for the present. and fu-
ture generations should provide the
money. If the country favors pre-
paredness, 1t is also argued, it cannot
object to bond issue Those favoring
bond Issue also argue that this
method could be changed later by the
substitution Of permanent means of
taxation when the European war is
over and the country has settled SO as
TO comprehend what it may expect In
the way of revenues from customs and
other recognized sources.
In the conference the President will
have tomorrow with Speaker Clark the
.Ges;ion OF raising the revenues will
be discussed, and from now on
ul.;.i preparedness legislation actually
ie2ches T. vote the President will listen
10 ;Ac views OF all callers touching any
- i:cuiar phase OF the subject.