The Madison daily leader. [volume] (Madison, S.D.) 1890-current, 1917-08-24
Business Interests viii Be
Called on to Bear Burden.
HAVE TO TURN OVER MONEY
There 10 Not Enough Actual Cash In
the Country to Pay Cost of First
Year of wsr-Consress Should Not
Lose Sight Of the Fact That Without
Profits Assessments Cannot BE Met.



Washington, Aug. "A. Especial
Congress must not lose sight of the
fact that I'm order to pay taxes business
must produce profits.
An appeal has been made To business
to disregard profits and consider pa
triotism only. That would be all right
II the country were not confronted with
a gigantic task which looks beyond the
present. All the money-that means
actual cash-now In the country would
not begin to finance the expenditures
of the var for the first year. That
money must be turned over and ove
again and produce profits as 1t passes
from hand to hand In order that each
profit may pay Its share of the ex-
penses of the war.
1t is possible for the government to
commander all the wealth of the u
try, all the money actually that 1t can
lay its hands on, but that would
amount 10 little, considering the big
thing which is before II.
Frohtuoute anu WonoJ.
/ have heard IL said that President
Wilson grows aloof and fidgets AS soon
as any n begins to talk figures and
finance TO him. or course he could
not have become a great college pro
fessor without a modicum of mathe
NAUTICAL acumen. But Ii Is said that
he knows little about the abstract
questions of national finance.
Colonel Roosevelt was another of the
same type. lie did not have much
Idea of cost, OF where money came
from or what was meant by enormous
expenditures. The treasury to him
was a never ending fount OF supply
for the nation.
OF course presidents without well
formed ideas OF raising money have a
great advantage over those who think
1t necessary to skimp and economic
and pay attention to the question as
to where money is TO come from to
pay the national bills.
Congress Given . Free Hand.
Congress has been given a free hand
In the matter OF raising money. The
president has not undertaken to die
tate how money shall be raised. what
shall be taxed and what shall be ex-
empt. Everything has been left with
Secretary McAdoo and congress. There
Is one thing OF which congress can
make no complaint-it has not been
bcssed In the matter OF raising money.
While II has been told what to do In
pretty much everything else In con
nection with the war, II has had Its
own way I'm taxing the people to pay
for the war.
For Use at Home.
Quite frequently senators and repre-
sentatives are called upon for a ring
ing declaration" on the war situation
or a sentiment for patriotic use at big
meetings held for the purpose of work.
ing up enthusiasm for prosecuting the
war. Most of them respond with the
best they have In mind. for such con
tributions can be furnished and do 4
double stunt-help the wal movement
here and help the congressman I'm hi
home community.
Pennsylvania Versus California.
The big senator from Pennsylvani,
seems TO have Ii I'm" for the some
what smaller senator from California
Penrose and Phelan are frequentl.
throwing bricks at Zach other. Penros'
will often assert that Phelan is dom,
something just for the sake Of Cali
fornia; that he is ever ready to lool
after the California interests. Phelal
will come back with a hot one abou
Penrose and the steel corporations o
Pennsylvania.
1t is all good natured, up to a certain
point, but sometimes the bricks throw
back and forth are more than playful
missiles.
Why the Outory7
During a discussion of one Of tn
bills to get minerals out OF wester
lands Senator Poindexter Of Washins
ton asked:
I'VE have a Federal Trade Commi,
sion; WI have established a food an
fuel control director; we have the She
man antitrust law and the Clayto
antitrust law. Why is 1t that we hes
this cutlery throughout the length an
breadth of the land for fuel and otht
necessarfes at reasonable prices"
The query was I'm regard to asse
lions that combinations controlled I'll
supply; that they were preventing pr
duction and holding supplies for higl
er prices
Very ~Johnsonian.
A bill was being considered In Il
senate for use of motor trucks to brir
food to cities, and quite a number
arguments were made against 1t. Fins
ly Senator Hiram Johnson OF Califo
MIA took the floor. "Many of the arg
ments made against this bill are adds
inducements to me to favor It,"
said. IF 1t will hasten the day wht
the government will itself direct al
control transportation / shall glad
vote for It,"
He Is not scared about governme
ownership.