davidaulloa/AmericanStories huggingface dataset:
The Devils Lake world and inter-ocean. (Devils Lake, N.D.) 1915-1920, 1918-03-27
v America incomes ~ married men
% PA e 5000 ars not subject q an
fsderal income tax u gu.
Ia England the income tax III
T. per cent. on $1,000
" 3 s y 1900
TX 81 Ss .k.SS 4 O00 N 3

@trA@J. sSt4sAl4gs fssEW1F2sGs&s$'f WV S{fSktgtsST
These ars the rats II the. income j
derived fronssalaries or wages; they
are stu higher II the income il derived
from rents zor Investments
The English scale sof taxation on In
comes q, say, 5000. 5000, $4,000
and $4,000 respectively averages al
follows ~ compared to the American
rates Tor married men.
Income tax IN
rate on England America
5000 Il psr cent cent. = = aA :. 3,
10000 20 per cent. 8h p.
is.ooo 25psr cent. Pc
IL we add the 20 called "occupa.
t1onal" tax our total taxation on in.
comes Of $4,000 Is S8x per cent. and
on incomes Of $4,000 Ok per cent?
In other words, our income taxation
70 moro democratic than that Of any
other country In that the largest Ii;
comes are taxed much moro heavll,
and the email and moderate Income.
much more lightly than anywhere else
~ 'neo.nes Up 70 $2'ooo 9 Fnarrlse
'"s.. "Ss s.Ao = ~.
49, It Is true, on the other hand,
that onsvery large incomes-as distin.
suisned 9 the largest incomes--our
.ueoule tax ~ somewhat lower tnan
'ne Ingiisn TAX put the diHerence by
wnicn our TAX Is lower man the Eng
iisn ta1 Is lncomparaDly more pro
nouhceo IN tne cas- OF small n moo
crate Incomes n OF large incomes.
The Devils Lake world and inter-ocean. (Devils Lake, N.D.) 1915-1920, 1918-03-27

STORAGE BATTERIES
We are experts in caring for your
Battery. Call SIG. Makers Auto Ell
ectric Co. 44tf.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
GIGANTIC FRAUD IS UNCOVERED IN
ARMY INSURANCE DEPARTMENT.
GUTHRIE HIGH SCHOOL
IS HIT BY OnAF I
One Teacher and Several Students
Arc In List of September l3,h
Drawing Teachers Scarce,
schools Crowded

The ealhrls lllKh sehaei saas
10 ho h.t hari hy ia nes saniiaasnt
Of hoys lhat 80 "a ihs training ami
lef military sefsIe several as hef
hyt aihisng snd AZ lpit ane ui lhs
teaching force all, hafa fn AZ AZ
fhHl llme I've iaylhall team pil al
fef severely ifam lals dfafg NegH
VAN Meter iuhp caigsFal an laa
ihtr ual prehablY Ne iasi fn -
iesa tao or ghFev other bef ifom
lhe shual misht Aes fu Au rtSF
steene Nss np.n notified rs holi h4m
self fsa8s 'o e. an hours uBfiss
ana nnlsss the aiais board R8a b
alea ~ the hoard fe 8eEeffta eaaas
rgatlou iag hlm H. vill ~ los .a II.
shnol ihe besn aa lsime "a
, lassliiesfion eA the sfQaHa ha
REALTY nefraAAts la NE school aaa
annol ~ feplrsa ptof rafsoos as
ne university say lhaf there afo nos
ar eaNaaews ID hf hl4h afhuel
no state ani ihal Fl. ~ - iblr 81
tHl "a Vacancy a. Dis fimt ffai
hfrene uas rAarss us sAs mN@r
Hrh wefA lna Aai atone .Aputl 81
enough r. bpid him N b. l0af a.
'he schoN' 30 announcements esa
insa" at ihn limy 81 wHN viu
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
|HAt ~ iti\t ~ NN~ Viii
M INVESTIGATED md
IiHl~i NiIu Aiu W
tnAiI NlIi no rKuSls-
IN ~ LIMIT usN
NiiI ii NADI 10 lsi.-
u Nj

~ashirs'se Aes 3 fnapsaeds "
eassa ~ frauaulsat Asespsaaes aF ses
ssamsAs Allewsrssa lntsrlea fue selt
Dies - aailots dependents hs~s hss"
a.scevsred ~ special .avssiiaasaes ~
the nar~au ~ Naf s,AA ivsvvanes and
eamap,an ~ prosecution sna 60
cover, nas beer inst'tYssa
As = risun 4 ~as AansNnssa tRst
about ers thlsa ~ ne eone hueaFsH
,nsussna claiming tspsaasasf sn9
row ars seslvlaa snsesa ~,i -
arorpsd 'fam sNs fatls ~hsa u "a
AroAn ina, ,hst ~eis aei dependent
sn selalsr bssass ne srssssa shs
service
There ara hynaessa a. easss :"
Nnlsh ~onsp aes slSss - soldiers
er aailsfa sss esesfs - snosNsnls snd
siia~Anes 0nssss Na.ira been raensa
D. the nsa a. lhsr saAl stvss, ~sills
the real ~iysa % ~it.iout me ea*stn
nsni sia scores AZ sfafnsys ace W
dcrsseoa % Dc ancsr iosssssgatlsa fsf
having charged mere TRAN boos ths
legal lints FOR aldlra psFsans % Get
ano'Wsr,A o. allowances ftwipaneea
Az persons Sho fsesfss snd sasn
checks % ~hsn thsi az vet ssfles'y
entitled hy iAw are NJ Hs cWt aff fYarn
thslr fsuitianssa 70 csa 20 rsesr tire
sums tHsY receives ifaatyisrilf sHi
prossestsa y sfgn''ns eisn' 10 sns~n.
ro carry sn tnls ~oss d9vlsiea
% esesssatlae ard f%sssegs ass eeen
6 ersatsd r. ehafss ~ Traas y cfsses
infofmasfen or cor'p aints eslaslsa 40
isipropsr rsssiss or sss % ssvssnassns
allotment ard siieNasse fsanlttassss
ars welcomed Is ~ea sad sNa 80
dressed 20 Gsasrsi Uass Bursau ~
Wef alsh gnaerarts ~ashsHsten
Charges ~iil be rar down bF arrss
4s co.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08

HUNS ARE STILL AUNNtSH
Paris. Nov 5.--The text of the wire.
less exchanges between Marshal Foeh
and the German high command shows
Signs. tire morning newspapers de
care. that Germany IS s,,iI determined
10 cloud the issue IN every possible
way, apparently with the object Of at
least gaining time, i they cannot gain
anything else.
The matin says:
Berlin ard Germany are stricins
rapidly toward revolution. The sub
sttution Of responsible secretary Of
stzte for Admiral Won tintxe was in
spireo b. this grave peril. The com
mission sent BY the German govern
rent mus, have with man able to
sign Immediately. without referring to
Berlin. An attempt must be made at
any price, in the phrase Of Prince
Mssimisisn Of Baden 10 open nesotia-
tians in favor Of pesss- --
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
THs UNITED wAR FUND
QUOTA IS READY

Hf UNI IT EO WAR FUND
QUOTA IS READY
Chairman } D Van Hooxer
wishes 70 announce that the quota
comm tiee. composing % twenty
five u 6uthrie's business men.
have made the spoortionment.
Subscribers are "a sed 10 come 70
the War Savings Bank as early as
possible and make their subserip
tons The national drive really
does not start until Monday. No
ser1ber ilth. but les % hope many
Will come tomorfcw Saturday.
and make their pledges and then
again on Monday many more do
the same thing. thus relieving the
tremendous strain on tuesday, on
which date the coniriiftee hope
the entire amour; viii be sub
scribed There viii be fully $500
names N the city quota. ard N
order TO VA, on each one eonrte.
ousiy and give them enough time
Il will take a great many helpers.
The full quota committee of
twenty FIVE men viii help al day
Tuesday. The Subscriptions vii,
be taken at the Mar Savings Bank
and 4 is hoped ths. every sub
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
Your Quota Has Been Made Go War Savings Bank and Be
Good Fellow Help the Boys Who Are Fighting Your Battle

scfiber whose names appear on
quota carus viii come TO the bsnk
This means practically every ore
who has an ea~nina capacity IN the
city of Guthrie The pastors of
the various churches are asked 10
read this article both in the Sun
DAY morning and sunday evening
services. and eniiahten people az
much az possible on the seven Or
sanrstions which are unnea IN
this drive Literature is beiua
handed out at the War Savings
Bsnk. and ths public arc requested
10 inform themselves as much as
possible regarding ,his work.
logan County and Guthrie have
an ensisbie reputation along ,hss
line, and Il is hoped tha, the over.
subscription o. 20 ger cent, ~hioh
means $4,000. vii be sulIy
svbscribed
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
A WAR HERO WILL
SPEAK HERE SATURDAY

Judge Frank Dale, chairman oi
the SPEAKERS bureau for the War
WORKERS Campaign, has secured
Lieutenant whitaker of the British
Royal Flyers TO make speech
here Saturday nisnt -e will speak
n the open air ~ Federal Park.
The bard viii play and seyera,
other speakers will give five
minute taiss Lieutenant "hitsses
IS from the front He has seen the
real thing and he knows how to
tell about It. Let everybody turn
ou, ard greet thiI hero. The band
will give concert and the eve.
ming Will be we'll spent BY thoss
VINO come out And the lights will
be shining and the stores will be
open ard you may buy a milk shake
Or cigar and chewing gum, too,
y you want 70. For the ban Is off
Remember the concert will begin
d, 7:3o Lieutenant Whitaker will
begin speaking at $50.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
WILL GIVE SEPTEMBER
SELECTS SEND OFF
Men Who Entrain Next Tuesday
Night For Camp Travis Will
Be- Given Good
Time

y n alanned is sise rne md
cn ia tlr logon teunl bas
leayinK lee the fsasis eamp nesi
llesuaf iAsh llet sill have a
speolal train haslny Guthrie 30 g.
y and Colonel uornAdaf hst orders
% asealblc INV Guthrie companies oi
guard for an eseog for he boy. To
fh' ,miu lt am1gca 80 have thr
hish Aool eadat ~, eampat uA
der afma and also w. Grand ARMY
With dfam oofs 1no procession elll
narcn irom the elti hail az sharp
moving nasi to Division south "a liaf
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
Does Newspaper Ad-
uertising Pay9 Sure

he big he fouais believe r nenspapef aassr
fsng MT ony r.ai a ia activities ~ wT4 y
voiced Ia following le stf MaosseF II h fear'h
Liberty Loan tawpnleu eDniinitfee.
Ar Editor tH fhp alton VI ihs uss @pFd 4As
progress federal has kad no nefs pofsaN
ally support of he Amefisan press IN nus
0sahoms newspapers hase nTRhc exception NoMhfr W
imefea bas Response vye call de by The iedvu *Fn
loyal complete lan thar whfn
from the publishers and editors u ths stat teF'sis
,e- time brain. and aaec have uusparings placed -
She disposal the th~ tods p stannsh pao
who have regarded these part oi he hdsdual
quota. az responsibilities which also shared alike With
fellow patriots
The okahoma Diysion o the fonth Liberty Loan committee
eson for cooperation Fighting Fourth drive
cess, concluded AMI w Of high regards bess TO
remain,
Sincerely.
STATE LIBERTY LOAN COMMITTEE
WILLIAM LAMPE.
81 Director Of Publicity
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
MARY picNFoRo 10
PAY hN0E DAMAGES

NeN York Nov : Mary riekford
~ moving pieinr' -iaf wii have 20
ray tiVs-5ss to/Nr Coga carfmaton
Wlkenling literary aud fhea'rcal
agent ny order of cpreme cour
iurf which has been h,4riuK evidence
n -ulf brou7h against DE- actress
W The literary setni
Mrs Wilkeniing ,mimod she has
been responsible t7r obtalnus for
Miss rickfotd 40 adsaneo u her in
clme Of Si0.'elp weekly With 3 bonus
r. si..N inr9 q wear
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08

frAna = puleubf.. counts a
agent will iraye 7ulah far femf
liaueoek "a where Ae $3.50 eaf h
gli'eof training etmp n fhr me
chne guu division u tAe afag ~
scheduled nor lufee moe'A les
teasise training II he wins ,au
mission heh as been pfam - ,mH
dlate iorelan hnrfise Alwa4 vaHd
ius. however The vef a up1 ostt IS
fore ihal iime ihe board ~ county
commissioners ~lll nsme biz snfee
Fsr ~ atm agent artt ws.k
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
ARMISTICE NOT YET RATIFIED
SUSPENSION of Draft
Calls Possible AS
PeaceDrawsNearer
BULLETIN

WASHINGTON NV PROVOST MARSHAL GENERAL
cRowlFp CALLED INTO CONFERENCE TODAY THE HEADS
OF ALL SECTIONS OF HIS OFFICE TO DISCUSS POSSIBLE
SUSPENSION OF THE NOVEMBER DRAFT CALLS UNDER
WHICH MORE THAN 800 900 MEN HAVE BEEN ORDERED TO
ARMY CAMPS
WHILE GENERAL cRowDER WOULD NOT DISCUSS
WHAT RECOMMENDATIONS HE MIGHT MAKE TO THE
GENERAL STAFF 1T is UNDERSTOOD THAT HIS ADVISERS
WILL ADVOCATE. WARMLY WITHDRAWAL OF THE NO
vEMBER CALL AT LEAST II THE GERMANS ACCEPT THE
AMERICAN AND ALLIED ARMISTICE TERMS BEFORE THE
MOVEMENT TO CAMPS BEGIN
WITH FOUR MILLION MEN ALREADY UNDER ARMS
OVERSEAS AND AT HOME THE FEELING is GROWING THAT
NO MORE WILL NEEDED, EVEN THOUGH 1T MAY BE A
LONG TIME BEFORE AMERICAN FORCES CAN BE RECALLED
FROM FRANCE AND SOME ADDITIONAL MEN MAY BE SENT
OVER
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
I tOIIO\NODU RIVER
- On \ RtNi' ,.i.

the cosonveod tltv ou
fampaae There IS more e#feg Ia fhs
river iahaf ihaH Here h hten sa
Csc fsaf fbo rluauon River 81
tauh fuii bur s epoftsa fefsdins
'eday which ludies~ hal ih~ raah
pf water n both rram "a dne -
local rains oDli During lhs u4al Afet
d0}s inches % eaief has alllu in
Logan County alone the fane wsnm
eeHrfal atsf NJ state
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08

Needless 10 say the German gov.
ernmen, is the victim of persiste n.
illusion. Marshal Foeh will refuse 10
come out Of his province. which is
strictly military. ano ne also will Ger
tsinly refuse any suspension of hos
tiiitIes until the srnist,ee Is &C
cep,ed
Other commentators write N the
same vein and invariably conclude BY
asserting that German espi,ulation Is
not FAR away.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
MONTENEGRO PUTS
TRUST m PRES WILSON

Paris Nos Montenegro looks lo
President Wilson io obtain Tor d R
.aie and lnacuoudr future IN sN-
nod kts Nichols leld the Aso-
ciafed Press todaf lu di.eu ns thr
fu'arv 81 bis country nov that p 8
being cleared Of the onems the King
said that hc haped Montenegro woula
become parl OF ihe new slate ot
JuRo Slayia
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
I'll BN\ LIFTED.
LIBRARY 10 Opi\

The au ban II 9u Cts library
% Do b. open tomorrow ond thereafter
from 10 ia lhs forenoon until 2 clock
~ night Theat,r, N4ll open sunday.
Stores VIII beo sen s.tes ioneh rhe
usual after supper shave aud hair
cui viii be asallabl Saturday night
And IA. boy aud e.fls can plsy n
fountains hereafter 70 q finish
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
SANTA ~ WORKMAN
SECURES FIRST BUTTON

e. : Parton mschinIst helper q
the Santa Fe round hoase. vas The
fist person 10 receive United War
Workers button of honor lie SUI
rcribed Slets 70 the cause and be il
proud Of The distinction u having tbe
first button issued. ~.t~as-..
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
GERMAN PEACE ENJOYS DELAYED

Tie tsrman high cNnnlud wireless message ~ hf ales
Yesterday asking ~ hosii'le> ih
front where the eiegats e. beginning at three
and asting until niihr ncice Tins rcSunahl, pcrait
the arnisiire asiot la safety The DtnanN however
DELAYED be oad and d reach tn lines until wei
alnn m tID Nnhl
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
WILSON NOT APPRIsED YET

Washington Nov The statement authorized az the
White House shortly clock morning that whenever
word OF the signing OF armisfoc France President
Wilson himself would announce it Immediately
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
GERMANY WHITE FLAG BEARERS ARE
RECEIVED BY MARSHAL FOCH BUT BATTLES
ARE STILL RAGING ON WESTERN FRONT

German. delegatlol eafeed NN NJ 'ull u rtrelng 'H
Marshal Focl the allied crossed if allied
lnAtll
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08

New Orleans La Nov s--sou'h =
ern oklahoms. tonight fair. cooler
csst portion, frost; Saturday, fair,
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
1T is RAINING IN FRANCE. TOO

ToTTenla No70 TaI'H. Tie ele .
where the British French pursuit
THIS ram has ampcrr tie very seriously and
Will, il has also soned down the allied adtsne
apparently danger oi beng utterly crushed The british
Secugl within he railroads
east OF irson leading Belgium If hs the
attempt make good their through the wooded
Afdenne Tins devoid railroads aud
mediocre highway! which the enemy ma. withdraw
OF supplies ana munitions aud artillery
Bavaria ha> demanded that her arms be- Withdrawn
reported THIS 5 said the result
of the her southern frontier and the
internal conditions in BasaTis.
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08
FIGHTING is IN PROGRESS

IN the fighting the
sedan has fallen fbe An.rcan forces The historic city
entered first bt eantn1nt~ ~ tl Rainbow and Fus divisions
after thrilling dash nufhwaia against he aags resisting Ger
Ia making TN, advance he Amer,ans wiped rather
dangerous alnt winch ad been formed between their positions
and those a the French farther Tn, Sedan
definitely closes the south the Bcgau border through whe
the Germans might attempt 10 Withdraw their harle columns
nl retreat from the between the Disc aud the ASne
u marks tine eliminating triumph ~ American the
fighting which has been with terrific violence sept
y The Gennan realizing THAT fb advance 81 the \neriean
Sedan was~fa a. hrir rahtes ~ mkig orderly
eastward Gernau lorraine brought p fresh hold
cunnng constructed oriliatous whe erected To BAR the
progress of General Persg Their efforts vaing
The First American has iaSn vital role the migh
ocsIye Nheh hrnlon frineN
The Guthrie daily leader. [volume] (Guthrie, Okla.) 1893-1996, 1918-11-08

.,.aalLhag.l NJ 80 f.h'i
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-03-02
PRODUCE MORE FOOD THIS YEAR

Before the federal authorities undertake to put the Ameri-
can people on short rations they should study the results
which have followed an attempt to do so in England. Work
men in the Manchester district found that their wives could not
get what they required after standing in line at the stores for
hours, and they had nothing to eat but dry bread and jam,
though restaurants and hotels were well supplied. By way of
protest the men and women employed in seven or eight of the
largest munition factories marched to the city hall to lay their
case before the lord mayor. Their spokesman told him that
available stocks of food are being held up, that proflteerlng is
prevalent and that the rich are getting better treatment in the
matter of supplies than the poor.
Germany has not succeeded in rationing her people equit-
ably. It is notorious that the rich break the law with
out risk of punishment. In America there is no lack of food,
but we require a better system of distribution. A third of the
potato crop will be wasted. and yet the price is exorbitant in
eastern cities. Farmers are threatening to stop planting po-
tatoes because they cannot sell what they have on hand now,
v lille city jewellers are forced to pay three cents a pound or
more for them. Let us have some system of bringing the food
to The people before we talk of putting them on short rations.
Why should workmen who will not work on farms object
to The importation of Chinese who will? Surely it would be
better to let Chinese do the work than to starve. The United
States is capable of producing three times as much food as at
present. An individual who would refuse to till his garden
would deserve to starve. This nation has the land, but its
people refuse to cultivate enough of it to produce what is
needed and at the same time prevent others from doing the
work for them.-Exchange.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-03-02
WE MUST TRUST OUR SYSTEM

Speed i'm preparing for and prosecuting this war Is very
desirable, but we must not forget the old adage, More haste,
less speed" When what the federal government has accomp-
lished since we entered the war last April is compared with
what was done i'm previous wars we have reason to feel saus-
fled. The work done also compares well with what England
accomplished i'm her first war year. Kitcheneris army drilled
for months without arms because the British government never
contemplated a campaign on European soil. That was our
position last April, and at no previous time would con-
gress have appropriated money for a great military establish
ment such as we are now endeavoring to create. England's
complete.
Once in war, our war machine is the most effecuve OF any
in existence. The president, as commander in chief, is the most
absolute ruler on earth while the struggle lasts. He can act
without wasting a moment. The constitution, and not congress,
clothes him with this supreme authority. Congress may inter-
fere with him by refusing to grant money, but it can only de-
privs him of his commission of commander-in-chief by i'm
peaching him. The country must sink or swim with him, as
the trainers of the constitution intended. They knew what war
meant, and how divided councils had embarrassed washington
during the Revolution, and, with his advice, they conferred this
extraordinary power upon him and his successors in office.
Unpreparedness for war is no fault of the system OF the
presidents of the United States. Congress after congress, In
accordance with the will of the people, refused to prepare for
war, though WashingtOns injunction to that effect was quite as
emphatic as his advice to avoid entanglng alliances.
Our only chance to acquit ourselves with credit is to take
a chance on President Wilson. The first principle OF military
strategy is that an army in the field must implicitly obey the
orders of it's commander, even if his officers think they know
more than he does. Our military system puts the president in
that position. He consults those who he thinks are competent
to advise him, but he has to act on his own responsibility. This
is no time to change the system or to interfere with the presi-
dent. We must hold fast to that which has served US well for
more than a century.-Exchange.
The Goldfield news and weekly tribune. [volume] (Goldfield, Nev.) 1911-1947, 1918-03-02
THE WAR FINANCE CORPORATION

The bill recently introduced in congress for the creation
of the "War Finance Corporation with a capital stock OF five
hundred million dollars, all of which is to be subscribed by
the United States, should be regarded, says Secretary OF the
Treasury McAdoo, primarily as a measure to enable the banks,
both national and state banks and trust companies, to con-
tinue to furnish essential credits for industries and enterprises
necessary or contributory to the prosecution of the war.
The government has made and is making through the Lib
erty Loans such large demands upon the lendable capital OF
the country that the banks often have been prevented from
giving needed help to private enterprises, some OF which are
performing vital service in connection with the war.
The War Finance Corporation is designed as a war meas
ue to give relief from this condition during the period of the
war and Secretary McAdoo asserts that the mere existence of
the corporation would of itself do so much to maintain conf
dence that its actual aid would be necessary only in relatively
few cases.
This is no hastily conceived legislation. Secretary Nc
Adoo has taken the most expert advice available and the meth
DDS adopted in the other countries at war have been thorough
ly studied. The proposed law embodies the basic principles
of similar laws which have been tried in Europe. Its purpose
is to attain the most efficient use of our country's tremendous
financial resources for the government and for private enter
prises, which are all necessary to the welfare of the country
and our success in this war.-Treasury Statement.