Evening star. [volume] (Washington, D.C.) 1854-1972, 1917-04-05

To Increase Navy and Marine Corps.
To raise the authorized enlisted
strength of the Navy and Marine Corps
to 10000 men and 10000 men. respec-
lively, s175.s55.762 was asked to re-
main available until June 80, 1918.
For actual and necessary expendi-
lures for the naval establishment In
addition to any and all other approprla-
tions, to be expended at the direction
and in the discretion of the President,
$292,53S,790 was asked, with the pro-
vision that limitations imposed by ex-
listing law should not apply to the ex-
penditure of the fund.
For the coast guard. 100000 is asked
to enable it to bring it's present tele-
phone system of coastal communication
to a high state of efficiency.
Immediately the estimates were re-
ferred to the appropriations committee
BY Taxation and Bond Issue.
Formulation of tax measures for the
war has not reached definite stage.
but there are indications that the
Treasury will endeavor to raise by one
bond issue as much of the s3,400,000,-
600 asked today for the army and navy
as cannot be obtained by new and in
creased taxation.
Unofficial estimates to federal reserve
board officials indicate there would be
no great difficulty in raising $1,000
600, 900 at once by bond issue at ~
per cent Governors of the banks now
in session here discussed the contem-
plated issue today and the interest
rate. A rate of 3R per cent. rather
than 3 per cent was favored. The gen
eral opinion was that the first issue
rate
contemplated for subsequent issues.
Revenues From Taxes.
Through present internal revenue
taxes the government will obtain ap-
proximately s75O.0Oo 600 this year.
Suggested increases in the inheritance
tax rate, it is estimated. would increase
the return from that source alone to
s5o0,000,000. One plan being consid-
cred is to raise the rate of taxation
on large estates up to 80 per cent
The income tax. under existing rates.
will yield approximately 1925. 100000
this year. Lowering of the exemption
to $4,000 and increasing the rate on
large incomeS-one of the proposals
under consideration-would swell the
sum to vast figures. as to the aggre-
gate of which there are widespread
differences of opinion Lack of data.
one official said. makes any estimate
now more or less eussswork, but it
exemption to $4,000 would increase the
governments revenue through this
channel at least Sl00.000.000 annually
at the present rate.
Liquor and Tobacco.
Increased taxes on distilled liquors,
beer and tobacco also are under con-
sideration.
Chairman Simmons of the Senate
finance committee. after conference
with Secretary McAdoo. said today that
the war revenue measure had not been
definitely formulated, but that experts
We're assembling all available data and
that concrete proposals probably would
result shortly.
Chairman Simmons of the Senate
finance committee said today he did
not know when the financing of the
war would be taken up by the COM
mittee and that he was waiting on sug-
gestions for raising revenue and issu-
ing bonds or short term notes from
secretary McAdoo. Senator Simmons
said he believed an authorization for
emergency purposes probably would be
asked within a short time before action
is undertaken on definite financial
proposal
Studies the Army Bill.
President Wilson today gave final
studv to the bill which the War De-
partment plans to give compulsory mil
itary training to probably 100000 men
within two years, and the measure
NAV go to the House and Senate mill
tary committees today. if the war res
olution is disposed of in the House.
Details of the bill will be made public
then. ,
ing an army now is understood to
nrovide enrolling only men in their
twenties, free from responsibilities, for
calling out the older men within the
prescribed age limits first. and taking
subsequently each younger increment
of 100000 Regular army physical
standards will be maintained, intensive
training In trench warfare will be
given and the resulting army will be
suficiently trained and equipped to
equal any similar force in the world.
The War Department has authorized
commanders to distribute
the National Guard troops doing police
duty to any strategic points within
their districts without regard to state
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