Saturday news. (Watertown, S.D.) 19??-19??, 1918-05-16

United States senat orship at the pri-I
mary e1getison to- be held May 2sSs 4,
Governor TTsyrns, by the Ma
/ three sons IL the military service Of !,
Cd III the i sssse \
In tie as4Fln moth d, on enlisted, but
as elected BY the surgeons
on ount Of defective vision near. /
sightedness
Outlining the principal issues y ow
before the country and which are /
made the basis Of his candidacy for:
the The forlne go auth
orized the following interview
or course the main business of the
country now is to carry the war to a
successful conclusion, and win an hon
orable and a successful peace. EVERY
thing else is subordinate to this. Ey-
erything we have and are and can do
must be bent TO that end.
All The resources Of the nation, the
property ais vel as the man powsfs
must be made available for the COM
mon defense and welfare III the Sc
lective draft law we have adopted an
effective way for calling men te the.
service Of the country without fla Ynrv
itisin or discrimination.
But we must remember that proper
ny is subject TO the call of the ma
4 ton as we'll as men. And especially
we Should lenlsnnher hat those who
have al unaulated vast riches under
The projection of this goysrnns ent,
and part iellarly those who are Colin
ing huge fortunes out Of this war;,
should be required to give freely OF
Z their abundance, AID particularly Of
their predts, in this time Of Lex
1 trene need. X.
The gEaatest fortunes ever seen I'M
der he shining sun are being gather;
led in, coined gu + of war condi ions.
Since the beginning Of the conflict,
u the profits of some oil the coIpora13
tions are sgalnost lnheli evable.
Biz Corporate Profits.
For ialssance, take the United states
aasteel colpnr ton During the three
pre-war years, I 81 a "A 9122, and E9i1
& its net IS W ere IS ometl IN over
4 $633, 900, 90 a year. In 4 81 /, the net
earnings am re ported IA approxima.tes
5Ses COG, 1. an Increase OF about
BOO per se
he net Ell rnings OF IA rmollT AZ 10,
during the three prev years q YER
aged 81 4 II, sss:as22 a year be net earn-
lgs for q q 81 &. Ter PAYING Al exS
penses, are ported over $2l .200, 600
approx i1nateIy $50 per ageat Increase
Swift & Cd during the three pre-
q ri all r ears, 9122, and 191 8, earn
500 0sssaa ssa3s s. gear. Their net earnings
for 1917 after paying al expenses
reported more than S$s3,4 $50 ,0G0, 5SS3r
IA bout il SO per csult increase.
Relative Increase in profits Of other
d corporai ions arr greater even than
these I'VE readiaof the rapid growth
sof lnilliGnaires ~ the country, :, poo
more iii 81 + than l9 Il hat
B sthe records of the internal II revenue
iiiepart1nesit show tflat there ARE now
about 400 people, each OF " ho1n en-
81 joys an income IB more Than y,
100 n Y ear.
axatson Of VA Profits.
Many people think that these very
4 barge profits should Ne heavily faxed.
And especially hey think that con
gress should lave heavily taxed 5afetea-
uninen war pr1fit It's tht excess profits
Ciifscri due Eo the W q pruwide
war rey 1enne heartilt agree with
that view.
ne war pr ron Us excsss profits over
spre war ca 81 IN i 81 Z a1hallnted 10
VIA round ,o0O, o5o 90 % actsording to
conservative estf1n q ties least 75
\ a. so per cent Of hat am psant of the