The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-12-07


clude the usual sdencicncy estimates In
1911. and those additions would mako a
total deficit of soma ses7, 10000 II the
present taxes should DO continued
throughout this year and the next. how.
ever. there would : b. balance in tho
treasury, of some s7e. 60, 900 al the end OF
tho present fiscal ycar and n deficit a,
tho end of tho next year OF only some
50. 0o0, 90. orr reckoning In Ac.0o0Ooo for
deficiency appropriations and 4 Hafc treas.
ury balance At tho end OF tho year. a
total deficit, of sonin sit2Npo0U. Tho OBJ
vious moral OF the figures IL that II In q
plain counsel OF p,asdcneesto continue ali
OF the present taxes or their equivalents
and confine ourselves to tho problem OF
Siiaoon0co OF new revenue rath.
or than Ss',ooOoCo. tS,e
.s.,,,.
"'"'ens o' eonos. ~ IS
How shall We obtain the new revenue,
We arc frequently reminded that there
are many millions of bonds which the
treasury IN authorized under existing law
to soil to reimburse tho sums paid out OF
current revenues for the construction Of
tho Panama canal. and II Is true that
bonds for the amount Of $ef2, 900 are
now available for that purpose. Prior "a
1918 SIN. 10000 Of these bonds had actually
boon sold to recoup tho expenditures nj
the isthmns. and now constitute con-
siderable item OF the public dsbt. But I
for ono do not believe that tho people OF
this country approve OF postponins the
payment OF thcir bills. borrowing money
10 shcrtsishted finance. II can DO justi-
ned only whom permanent things nrc to
be accomplished which many generations
Will certainly benefit by and which II
seems hardly fair that n single genera
ton should pay for. The.objects we nrc
now proposing TO spend money for cannot
be 20 classified. except In tho sonse that
everything wisely done may be said to be
done In the interest OF posterity ms we'll
as In our own. II seems to mo cloar
dictate Of prudent craftsmanship md
! hon. ahant ~ andn-, w. we s, a,s now y
as We SO. Tho people OF tho country are
entitled 10 know Just what burdens OF
taxation they are 10 carry and to know
from the outset now. Tho new bills
should be paid by internal taxation.
To what sources, then. shall We turn
This In no peculiarly question which tho
gentlemen of the house of representatives
are expected under the constitution 10
propose an answer to that you viii hard
~ expect mo to do more than discuss Il
In very general terms. Wo should no fol.
lowing an almost universal example nj
governments n va WEIR 10 draw
tho greater part or even tho Wild. :. N ~,
revenues We need from tho incom.S tnxss.
Ey somewhat lowering the irc.rnt iIrnita
Of EXEMPTION and the ns,,rc NJ which ths
surtax shall begin 10 IN imnossa ana nv
stem bv stcn throwvho,,t ~.
present rrnduation ~. ..,r.a. s...ss An
income tnSes ne M n,..sn. !, nnnr,;onaS
wouid visid s,,,,. .,,o,s,sss ~ siansS o az.
books Of the trca s,,rv ~ On. ana ~ ths
fiscal year fni7 ,,itha.,, an,mh.r. ,,.at,ns
tho burden unrca sonoh,v ~ nnnr..s,..is,
hrayv. IN. nrorI.. 1881. :. ~. ..,,,s,
and acc,,rnt.iv 81 ~. A., ~. ~ a =,
thc sccretnrv =, ~. $3.50. ~ 40 N.Y., II,
be immadiat.,,, s,ata ,.sss" VIZ
' '"'u oss''e 'o''
Tax on Gasoline.
And there mr.. ,,,nv ,ad,,,,,,, ..,,~,.,
of revenue which can ,,stiv ha rasa.,.S
TO Without bamr.rir. tha ,d...s -. =,
the country ar n,,t,s,s 's an. 49, go. y,
charge unon ,nd,yiana, y a,. s"o
per cent Tar mar sniinn ~ Saso,,n. ~
naphtha vonld v,.iS ~ ~. ~ s son at
mated nrndwc,,cr s,n 80 nHn ~ :,
eenta mar hnr.s,,., - s,s' ~, - III ~ =
Internal eSniosInn ~ ~ ~ ~. ~.
~ mn IN, ~ X = ,ss 1890, ~. .,s
.oM = tor =, x san,s 1885 ~. p'V ~, W..
iron ito ~ M n -. "sso 20, 'on ~ ~ ~.
iran ana s,.si nrn,s. H, eteon a.
Ooo In cn,,n,s,; 800, i..1...y sa.yvy..
XII. i. a,,vh. ~ x Q. srea. naus1ries IKE
burdens ~ tsro,,c,, .,,.s. =. ..s sL,. W
anywhere bear too h.s.Il,, ~ .an sasa'
aivaiv i,non snv nv. -. - y. ~ SNs ....
dertnkinra wtatv. =. t'.sa. ~. ~. W
duatrv ~ mi. aan.n, ~, h ~ ~. uo ~.
h;i,s ~ th,. ...n.a.,s snouio Day the
4hsv. sn,ssn - ..a
upon n anita than. .hs shSr., sehs.s s.sa
ration ~ ~ rntsas .e snofoukn pFepa-
sccnr,,y ava ' - ....aa 20 .. ca.s toI ~ own
dom 10 niav az ss,. LII os snle iIe ee-
hc,n,.nb.rs ava n, .ha .a..,s . r%,e tn,,
hsi;avs ~ 49,. a.a ~ .nc wofia wnich We ~
"a w ~ "sS vseh p.osiaenlaiy assisn-
=, , III " my mlna no
danrs, ori.,av .,,s I, " or parucuiaT
49,, ,a ur,slns 4ut OF our relauon1 with
"a. inc nations ions o. tho world. and there Is rea-
~ between this ana other rov v,vse.-
win laad 10 srv .sr,a,s no., ~ ~ .a.,,,
bIe relations 9ravs a. sonss Sat,. =. a.ca y
n titude ana noiicv I,aysp bs.n 80 80. y.
yet turn owl 10 Ne, n,n .orr,, a, .s,, . .a..
the rrayest thrca.s vs,ns, n,r my ,a., aa,
peace and safety hayo bean ,,tterea WIZ.
IN our own borSsrs shasn s r.o,,,. Will
Inc Iinitsd ststss h,msh s.e s1g.ens o.
unasr other naas M. rss.as, = se ,,s oorn
rcnsro,,s n. t,,,..i,. 49,. eneer ~,
frnsdon . , ~ ornn..un,.., Avs 70 mo fsll
havs nonrad X. no .s 81 a nenea, Who
IN verv artar;ss n ~ an y. .,ass smy In.o
hays sonrht ~ brins Az au nm. ne. VINO
raoS nssns ~ o,, vs .ns nusnor,ty ana
tsnnnt ~ d.st.a,, a,,. .sa,.n.e,n iato coh-
nav ,harsst Z, . Sus ,aae ~ wnerever
,ivs n,,rnasss 1870. svs .er their vindic-
I. :. n,r rn,,.is. y. ~. =. .neIn sno 70 DE-
lrig,,s rSsss s,,, ~ .ne uses on torelgn in-
n.ssd ,.t.h .,,N u'n s..s - MOI great as COM
st,,rdv rast. ny MI, m1e mumnsF @ those
snreSed n ressnt at mn.'on mas Sssn