Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1916-12-21
LAWMAKERS PREDICT LEviEs
MAY BE ASSESSED AGAINST
SEVERAL FOOD COMMODITIES.
BOND ISSUE NECESSARY
UNLESS REVENUES iNcREAsE
Democratic Administration Confronted
With Problem Of Borrowing Money
Or Making Consumer Pay More For
What He Eats and Drinks-Presi-
dent Opposed to Bond Issue.

Washington, Dec. 20.-Senators land
members of the house from he north
west declare that the administration
will have to resort to a bond issue TO
meet the deficit of $500, ObO, 600, which
has been predicted next year by Rep
resentative John j, Fitzgerald, chair
man of the house committee on appro-
prlatlons.
President Wilson said at the confer
ence with newspaper men that he
would not favor an issue of bonds, but
that other can of raising revenue
had been discussed at recent cabinet
meetings.
This a brought a suggestion that
the democrats will have to abandon
their tariff views and possibly violate
the pledge of the 1912 platform to re-
duce the high S of living by resort
ing to additional customs duties. tea
and coffee being named as commodities
on which a tariff might be placed.
McCumber Favors Bonds.
Senator p. j. McCumber of North
Dakota, a member of the senate IL
nance committee said a bond issue was
the logical solution of the difficulty.
The administration will come to .
bond issue eventually" he said. THE
country is committed TO large expendi-
lures for national defense, n bond
issue will meet that. The cost Of the
greater navy will be met in the next
few years, and with a return to protec-
ton the ordinary running expenses OF
The government can be met.
Representative \. J. Solstead did not
favor the imposition OF the tax on tea
and coffee, but he suggested that the
democrats might resort to that and gel
an income that would be reasonably
certain each year.
Hard on Consumer.
The trouble with sue a proposition
Is" said Nj. yolstead, that a 1-cent
tax on either tea or coffee would result
in an increase Of 2 cents or more to the
consumer. because the tariff would be
given as an excuse for a rise in price
to the consumer.
Representative George r. Smith, OF
Minneapolis. is one OF the members OF
the house who believes the ~administra-
lion will BE forced to a bond issue.
There are about $780, 00. 900 OF Pan
anna canal bonds stil unsold. but this
is a long way from the amount Mr.
Fitzgerald says will be needed" said
Judge Smith. The only thing for the
democrats to do is to issue bonds to
meet the greatly increased expendi-
lures"
Representative Sydney Anderson
said he believed a large sum could bt
raised by the imposition Of a tax on
transactions IN stocks and bonds
Such transactions can easily bear a
share Of the burden" said Mr.. Ander-
son, and a reasonable tax should b.
imposed on them"
Il would not be surprised II they
were to call an extra session to revise
the tariff" said Senator A. J. Gronns
of North Dakota. II he doesn't q bono
issue is inevitable. The people viii
hardly stand for the imposition o.
more internal event taxes, altho ad'
minisrration leaders may be planning
to impose them
Other taxes that nave been suggest
ed are an additional so cents a barre
on beer. Is cents a gallon on whisk!
and an extra tax on cigarets.