The Hartford republican. (Hartford, Ky.) 18??-1926, 1915-09-03

we have assumed in addition TO the
100000 tariff revenue loss
which Wilson's administration said
the American people should save. An
Income Tax that was never necessary
under Republican administration
has been imposed. There is some
doubt what the income tax amounts
to. The figures given out from Wash
ington are confusing. But let us
fix the amount at $75,0O0,O0O or
$50, 1000. They expected to get
$780, 100000. All this had to come
out of the people of the United States
workingmen and employers alike,
and they never had to pay It before.
And then the war tax. Don't let us
forget the War Tax. You remember
Mr. Wilson's administration was ex-
pected to relieve the people of taxes
rather than to increase them. In
times of peace we never had to i'm
pose a war tax before, certainly I'M
utI nv INtpuDlICdH ADMINISTRATOR,
but here, in spite of all promises of
relief, an unwarranted burden of
00,000,000 direct tax was levied
upon the consumers of the land AL
though the war tax in America was
blamed upon the war in Europe, no
man who understood the financial sit
uation prior to the war failed to OBJ
serve that the administration was in
competent to manage our finances on
a tariff revenue only" basis and
that some form of direct taxation
was inevitable. Don't forget also
that the country was in financial dis
tress before the European War broke
out, that all industry and enterprise
was losing confidence in it.
And now, LEST We Forget" let
us sum up the present situation. The
Wilson Administration, having pass
ed all the vexatious laws it could, is
now trying to assure all business,
both big and little that it did not
mean any harm. Any suggestions
that business has suffered of that
capital has gone into hiding or that
workingmen have lost employment
have been treated as state of mind.
That sort of loss in business or en-
Dloyment was purely Psychological
The man who lost employment or
who suffered in business wants to re-
member this. He does not want to
forget it because we are having spas
modic prosperity in certain parts of
the United States due to the demand
for war supplies in Europe. The Eu-
ropean war does not excuse the DEM
ocratic Party for using up the $780,
100000 balance that was left in the
Treasury when Mr.. Wilson took hold.
1t does not excuse that party for los
ing s1OO,O0O,O00 frevenue and
full $1,000,000,000 of business and
wages. 1t does not excuse the In
come tax nor the War tax. 1t does
not excuse the deficiency that now
exists in the Treasury-that is to
say the excess of expenditures over
receipts that must eventually lead to
an issue Of bonds or additional tax
es. II does not excuse the tendency
of all legislation of the past two
years toward Government ownership
and the destruction of individual en-
terprises. II does not excuse the
violation of Democratic pledges or
retrenchment and economy, nor does
il excuse the most eXtravagant Con-
gress in all history. 1t does not excuse
fake Anti Trust legislation, injurious
shipping laws and the deliberate de-
struction of American shipyards by
the proposed use of American taxes
to purchase foreign vessels 1t does
not excuse the raids upon the Treas
ury for sectional purposes. All
these things should be remembered,
and LEST We Forget" let us take up
the United States Treasury State
ments from day to day and discern
for ourselves where we are drifting
have before me the Treasury State
ment of August 9th, which includes
in collection all revenue receipts on
the Democratic basis. For less than
six weeks of the fiscal year of 1915
is shows that our receipts have been
16,5OO,OOO less than they were for
the same period in 1914, and that
our expenditures were $2,S0O,OOO
greater. Here is net loss for six
weeks of the new year only, of ap-
proximately s16,0O0,000.
The Democrats have resorted to
every method that can be employed
to wiring the taxes out of business,
and the people, and they are now los
ing at the rate of $1s,OoO,OOO per
six weeks. The imports from for
eign countries, Notwithstanding the