El Paso herald. (El Paso, Tex.) 1901-1931, 1918-06-03
WILSON HAS THE RIGHT IDEA; TAX
THE PROFTTEERS ALMOST TO DEATH

In president wilson's address to congress some days ago
the subject Of legislation he threw emphasis
into sentiment which is bound win the peoples favor
He declared pT0fiteering must be summary dealt with
through taxation profits and incomes. Moth
ing could better suit the public except that part Of it
which is engaged in piliug up profits
Our present revenue legislation made into law last year
BY congress- realize does not remove the protteer
incentive Fortunes almost fabulous nave been peo up
then. There sections Of the United States today
which under the of patriotism positively money
mad. Pittsburg In It's pamiest days. when steel was
sprouting crop Of mionsres, nothing TO be COM
pared with Philadelphia today. All through the where
great war work Is in progress they talk of millions as peo-
PIE elsewhere talk Of dollars and the frenzy pemeates
every stratum Il is responsible for the labor unrest It
dissatises the S. day and makes him demand SO
and the SO day so and up into the hundreds
and even thousands ror there are thousands OF steel work
ers muniou makers, ship builders and motor car auto
mobile aplane and other craftsmen are actually
making more IN week than IN 1916 they made IN month
The whole labor basis unsettled the whole industrial
order has been thrown out Of gear and when peace
ana the war Industries stop and the world begins TO settle
back into its normal routine there VIII be trouble.
Il the foult Of the wOrknEman that he seeks
mendous pay. HIS employer very likely rvaing mint
making money. It may be is making without
sorting to prohteerng but merely because Of the vast
volume Of business which to him contracts awarded
by the allied governments In that the profits
responsible In other cases his money bags may be
overlooking because Of proteerng In either case, It is
up congress 60 after those swollen profits and
conscupt them 10 help IN carrying on the wal
This is rich mans war the Industrial Workers Of
the World and the paclsts and other yellow scoundrels
fond Of saying, but Tor different reasons than they
auege Tt is rich mans because the Tich mans
fighting with gun at his shoulder and because the rch
man himself must finance the TO very large extent
His wealth. like the pennies Of the poor man must help the
nation carry
The income and excess profits taxes must be so seepy
graduated take most Of the millions Of the fac
tories they must also be made apply TO the food
producers and trafczers, among whom Of our
callous pT0ftee-s although they small fry IN com
parson with Of the great industrial If the
profits tax graduated up TO so percent the coun
try VIII approve.
President Wilson and secretary McAdoo have set It down
maxim that certain classes Of business not
make money while the lasts. They urge to
tail expenditures the absolute minimum
order for thrift stamps Liberty bonds
thereby tending the business Of the stores and
making 1t harder for theft pTopetors to buy any bonds
at all Secretary McAdoc urges not to buy any
clothes all but TO make the old last, practice
which If adhered TO by everybody would put the clothing
and dygoods stores, the mnes and the shoe stores the
shirt and hat shops and the dressmsng establishments
out Of business IN year or less
The government doesn't want any business house, no
matter whether it's grocery store what It is TO make
money result Of conditions Very well, then, but
don't their patronage from them in order to turn
enormous tide Of money into the pockets Of the indus
tres Let them have moderate profit but above that,
take It all for the government.
Let congress make the income tax rate for the small
business professional very moderate but very stiff
for the big Make It that there VIII be no incen-