The Celina Democrat. (Celina, O. [Ohio]) 1895-1921, 1918-12-13

that supplied the Sinews OF tho whole
great unSertakingl The patriotism,
the unselfishness, the thOroughgolng
devotion and distinguished capacity
that marked their toilsome labors. day
after day, month after month, have
made them ht mates and comrades Of
the men In tho trenches and on the
sea. And not the men here In Wash
ngton only. They have but directed
the vast achievement.
Plan TO Steady Business.
For the steadying and facilitatlOn Of
our own domestic business readJust'
ments nothing iG more important than
the immediate determination of the
taxes that are 10 be levied for 1913,
1919 and 1920. As much as the burlen
OF taxation must be lifted from bust
ness as sound methods Of financing the
government will permit, and those who
conduct the great essential industries
of the country must be told AZ exactly
as possible what obligations to the gov
erIment they will be expected 10 meet
IN the years immediatel! ahead OF
them.
II viii be of serious consequence TO
the country 20 delay removing all un-
ccrtainties In this matter a single day
longer than the right processes Of de-
bate justify. II Is idle 10 talk OF sue
cessful and confident business recon
struction before those uncertainties are
resolved.
Troops Must Stay in Europe.
II the war hnd continued II would
have been necessary 10 raise at least
SS,OOOOO1000 by taxation. payable in
The year 1919. but the war has ended
and / agree with the secretary Of The
treasury that it will hc safe to reduce
the amount 10 SGOOO.COO.OOO. An i'm
mediate rapid decline in the expenses
Of the government is not to be looked
for. Contracts made for war supplies
will, indeed, be rapidly cancelled and
liquidatod. hut tioir immediate liqui-
dati0n will make heavy drains on the
treasury for the months Just ahead Of
us.
The maintenance of our forces on
the other side Of the sea is Stiil neces-
sary. \ considerable proportion Of
these forces must remain I'm Europe
duriRg the period Of occupation, and
those which are brought home will be
transported and demoblized at heavy
expense for months TO come.
The interest on our war debt must.
Of course, be paid and provision made
for the retirement Of the obligations Of
the government which represent II.
Rut these demands. viii. Of course.
fall much below what continuation
of military operations would have on
tailed, and SG,OOO.OOOOOG should suf-
flee TO supply a sound foundation for
the financial operations of the year.
/ entirely concur with the secretary
Of the treasury i'm recommending that
the S2,OOO.O0OOOO needed in addition
to the S4OOO,OOO,OOO provided by eX-
isting law be obtained from the profits
which fave accrued and shall accrue
from war contracts and distinctively
war business, but that these taxes be
confined to the war profits accruing in
1913, or in 1919, from business Origi-
mating in war contracts.
Asks Aid for Belgium.
May l not say a special word about
the needs Of Belgium and northern
France? No sums of money paid by
way of indemnity will serve of them
selves to save them from hopeless
| disadvantage for years to come. Some.
thing more must be done than merely
find the money. II they had money
and raw materials in abundance to-
morrow they could not resume their
place in the industry of the world to-
mOrrow-the very important place
they held before the flame Of war
swept across them. Many of their
factories are razed to the ground.
Much Of their machinery is destroyed
or has been taken away. Their
people are scattered and many of
their markets will be taken by others,
| if they are not in some special way
assisted to rebuild their factories and
replace their lost instruments of man.
ufacture They should not be left to
the vicissitudes of the sharp cOmpe-
| titiOn for materials and for industrial
| facilities which is now to set in. ]
| hope, therefore, that the congress will
not be unwilling, if it should become
necessary, to grant to some such
| agency as the war trade board the
right to establish priOrities of export
and supply for the benefit of these
people whom we have been so happy
to assist in saving from the German
terror and whom we must not now
thOughtlessIy leave to shift for them
| selves in a pitiless competitive market
Forces Needed Abroad.
The maintenance of our forces on
the other side of the sea is still nee
essary. 4 considerable proportion OF
these forces must remain in Europe
during the period of occupation. and
those which are brought home Will be
transported and demobilized at heavy
| expense for months to come.
The interest on our war debt must,
of course, be paid, and provision made
for the retirement of the obligations
of the government which represent il.
But these demands will, of course,
| fall much below what a continuation
of military operations would have en-
tailed. and six billions should suffice
to supTsy a sound foundation for the
| financial operations of the year.