Pine Bluff daily graphic., 1918-11-15
HOOVER HURLEY
 TO SAIL FOR FRANCE
To Ascertain The Need of Belgium France And Italy, Huns 10 Get
 t-OyerS.

NdSIluS SlOu NOV. lf.-IeN1SlOn Ol the pending revenue bill with a view 1 to yielding $6000,0 0,00o,000 payable dur ing the calendar year 1919 and not less than S4.000, 0,000.000 the followina year was recommended by Secretary McAdoo tonight, in q letter to Chair man Simmons, of the Senate finance committee, setting forth the treas | urys financial program for the re construction period
 The secretary estimated that eNpen- ditures during the finance year end Ing next June 30. now would be SIS l 00o,00G,000 instead of the $24 ,000 O00,- GOO estimated before there were pros 1 poets of peace. He declared for con tlnuation of the policy of loaning tC the allies for d likihood during recon struction after peace, to enable them to purchase foodstuifs, raw materials and manufactured products in this country.
 Other recommendations were:
 That income and profits taxes be payable in four equal quarterly in stallments on March l5, uJne 15. Sep tember l3. and December 15.
 That excess profits tax rates fol payments due next year, be no high CT than those i'll the existing law.
 That necessary safeguards be pro- Vlded for war and excess profits taxes ill the form of adequate provisions fol amortization. conservative valuation <! Of inventories and ascertainment of ] minimum income which shall be ex- empted from the tax to insure the tax payer against injustice and avoidable injury
 Food administrator Hoover an( Chairman Hurley of the shipping board will sail Saturday., on the White Star Liner Olympic, for Europe to study problems connected with the in- ter-allied program for feeding the people of Northern France, Belgium, Central Europe and the Far East. MT. Hoover, who at the request of the president, will organize and direct Americas part in the work, will leave tomorrow for New York, while Mr. Hurley left tonight. During the day. they We're in conference with Secre- tary Lansing and it was understood that diplomatic matters connected with food program and the amount of tonnage available for transporting re- llCl SuppIlCS were ulSCuSSGu.
 One of MT. !Hoover's first tasks when he reached Europe will be to ascer- tain the most urgent need for food and reconstruction materials in north ern France and Belgium Chairman Hurley will devote most of his time to conferring with shipment officials in Great Britain and France regard ing the allocation of shipping neces- sities for carrying out whatever pro gram is determined upon.
 At the food administration today, it was said that ships are now leaving American ports and Argentina, With greatly increased supplies of food for northern France and Belgium and that food for the peoples of Central Europe and the near east, will go for ward as quickly as shipping tonnage is made available Dr. AlOnZo E. Fay lar, representative of beth the food administration and the war trade board, is accompanying Mr. Hoover ! and will go to the Balkans to direct relief work there
 In addition to this program, the Uni ted States. it was stated, today will l continue to carry out it's food agree nlcutS WILL .tuC VdIIOuS nCuIIdlS. HUI 1 land and Switzerland are said to be l still badly in need of supplies, while l the economic agreements with Sweden 1 Norway, Spain and Denmark, still are ] in force
 l Shipping board officials estimated today, that the signing of the armis- tice, with Germany will result in the release of about 1,500,000 tons of ad- ditional shipping for carrying sup
 plies to needy countries. Of this am- ount 1,20000O tons is represented by German ships tied up in Germany ol neutral ports. Austria is believed tC
 have 250,000 tons of shipping in it's
 ports.
 The United States, soon it was said
 can furnish 100000 tons of shipping for relief work, while Great Britain
 and France also are expected to be
 able to divert some tonnage to this
 trade. In addition many neutral ships
 held in port by the submarine menace will again put to sea, and Japan may
 be asked to supply whatever of it.: tonnage it can for the relief trade.
 Mir. Hurley, will be accompanied tt
 Europe by John b. Barber, assitan to the chairman; Winner Boiling assistant treasurer and Vim. F. Gibbs I,e cl; 1,nnr1