The Dawson news. (Dawson, Ga.) 1889-current, 1917-07-31
FIVE BILLION MORE
IS ASKED FOR WAR
is SAID THAT FIRST YEARS
COST is CERTAIN TO EXCEED
$4,000, 900, 900 MARX.
ADMINISTRATIONS LATEST
REQUEST STAGGERS SENATORS

Taxes Must Be Jumped and Bonds
Issued. Great Britain Is Spending
Over $3O,O0O,OOO Daily, But De-
ponds on United States.
WASHINGTON.-Plansw worked
out in congress for raising war rev.
enue we're overturned by announce
ment of Forthcoming additional esti-
mates for war expenditures aggre-
eating more than $4,000, 900, 900,
principally in anticipation of assem-
bling a second army of men under
the selective draft.
Secretary McAdoo, at a special
meeting of the senate finance COM
mittee revealed that the war depart
ment alone is preparing estimates to
cover additional expenditures of
nearly $5,OO0,O0O,OOO and asked the
committee to hold up the 81, 0,00O,-
900 war tax bill, until the detailed
estimates of all departments are sub
mitted. The committee agreed and
pigeon-holed a report on the measure
which they had planned to submit
during the day.
Allies Need More Money.
The new estimates, including $780,
100000 additional for the shipping
board and $1OO,OOO,OOO for the navy
department, are to be submitted to
the committee late this week. Then
there will begin another revision of
the revenue measure probably result
ing in an increase of the bills gross
tax levy by from $35O,00O,OOO to
$1,500,000,000 Additional credits
may also be authorized in the form
of bonds or indebtedness certificates.
Besides the additional sums need
ed for the American war program,
Secretary McAdoo told the senate
committee that the $3,00O,OOO,OOO
authorized for loan to the allies prob
ably would last only until October
and that about S2,000,0OO,0O0 for
their further assistance would be
needed. Provisions for this, however,
is not planned in connection with the
pending revenue legislation. 1t prob
ably will be considered at the next
session.
The secretary made no recommen-
dation as to what part of the total
should be raised by taxes and what
part by bond issues or other credits.
1t was reported, however, that the
treasury department would favor
raising S1,000,000,O0O more than
had been planned in taxes, making
the tax bill total S2,670,000,00O.
Senators Staggered.
AS to the tax sources to be tapped
to meet the new estimates, the COM
mittee for the present is at sea. Mr..
McAdoo's announcement came en-
tlrely without warning and more than
one committeeman expressed himself
as staggered by the size of the forth
coming estimate. The first DISPOSE
lion was to turn to new taxes on war
excess profits and incomes.
There are many great sources of
wi ~ OPC4L AOA q SECdL anu flCn
people like ours" said Chairman Sim
mons, but he would not predict what
the committee would do. A meeting
will be held Immediately after the
new estimates are submitted. At to-
days meeting resolution was adopt
ed calling for submission of new es-
mates by all departments, so that
the whole war expenditure program
may be considered in connection with
the pending war tax legislation.
The $5,000,OOO,O0O army increase,
Secretary McAdoo informed the com
mittee, is largely to provide for the
second draft army of 100000 men,
to be called while the first 100000
are under training. The $4,000, 0OO,-
600 would provide for expenditures
until July l, 1917.
During to-day's debate on the riv-
ers and harbor bill, Senator Smoot
presented statistics to show that ap.