Yerington times. [volume] (Yerington, Nev.) 1907-1932, 1918-12-07

..tord the hest sort of opportunity 70 men
.,ho want to help themselves, and the seI
rstsrv of the interior has thought the p oss
HE methods out in a way wheh Is "0iN"S
Of your most friendly attention
Control of Shipping.
have spoken of the control which must
,,s+ or awhile, perhaps for long WINE, u
exercised over shipping, because OF the prioi -,
Of service to which our forces overseas ii
entitled and WHICH should also De aecoiuS S,
the shipments which are to save -,
liberated peoples from starvation ana hl n
devastated regions from permanent rum way
I NOT saw a special word about the heeos "
Belgium and northern France no sums u 20
money paid by way of indemnify wiz SCI Se
of themselves to save them from hopeless
disadvantage for years to come Soihet".i ~
more must be done than merely fino ths
money. If they had money and raw ma
Ter ais in abundance tomorrow they couu ~ ~
resume their place in the industry VI VIZ
world tomorrow the very important place
inv held before the flame OF war swept
across them. Many of their factories are
ra2ed TO the ground Much Of their machla-
cry is destroyed or has been taken away.
Their people are scattered and many Oh 'n men
hest workmen are dead. Their markets VIII
be taken by others, if they are not IN some
special way assisted to rebuild their factories
and replace their lost instruments OF manu-
facture. They should not be lett 10 Ihe
vicissitudes of the sharp competition Tor ma
terials and for industrial facilities which is
now to set in. l hope. therefore, that the
congress will not be unwilling, II 1t should
become necessary, to grant 10 some sueh
agency as the war trade board the right to
establish priorities of export and supply Tor
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
thoughtlessly leave to shift for themselves in
a pitiiess competitive market.
Decide Taxes Now.
own domestic business Establishments nothing
il more important than the immediate deter
mination of the taxes that are TO be ieVled
for 1918, 1919 and 1920. As much OF the
burden of taxation must be lifted from busl-
ness as sound methods of financing the gov
eminent will permit, and those VINO conduct
the great essential industries of the country
must be tolG as exactly possible what OBJ
legations to the government they Will be eX-
pected to meet in the years Immediately
ahead of them. 1t will be of serious eonse-
quence to the country to delay removing all
uncertainties in this matter for a single day
longer than the right processes of debate
justify 1t is idle to talk of successful and
confident business reconstruction before those
uncertainties are resolved
War Is Ended.
If the war had continued il would have
been necessary to raise at least eight billion
dollars by taxation payable in the year 1919
but the has ended, and | agree with the
| secretary OF the treasury tnat II VIII De shie
to reduce the amount to six billions. An
immediate rapid decline in the expenses of
the government is not to be looked for. Con-
tracts made for war supplies will, indeed, be
rapidly Cancelled and liquidated but their i'm
mediate liquidation 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 still necessary. con-
siderable proportion of those fo.ces must re-
main in Europe during the perod of oeeupa-
ton, and those which are brought home will
be transported and demObilized at heavy ex-
pense for months to come. The interest on
our war debt must of course, be paid and
provision made for the retirement of the OBJ
legations of the government which represent
it. But these demands will, of course, fall
much below what cont. nuation of military
operations would have entailed. and six bill
lions should suffice to supply sound foun-
dation for the financial operations of the
year.
Tap War Profits.
/ entirely concur with the secretary Of the
treasury in recommending that the $1,000
600, 900 needed in addition to the 81 600 0O0, 900
provided by existing law be obtained from the
profits which have accrued and shall accrue
from contracts and distinctively war
business. but THAT these taxes be confined to
the war profiu aecruing in 1915 or in 1919
from business originating in war contracts.
| urge your acceptance of his reeommenda-
ton that provision be made now. not subse-
quently that the taxes 10 be paid in 1920
should be reduced from ss.000U00,0o0 70
$4,000, 100000. Any arrangements Tess definite
than these would add elements of doubt and
confusion to the critical period Of industrial
REIMBURSEMENT through which the country must
now Immediately pass and which no true
friend Of the nations essential business in
terests can afford to be responsible for ere
ating or prolonging. Clearly determined con-
ditions, clearly simply charter. are indspen-
sable to the economic revival and rapid in
dustrial development which may confidently
be expected If act now and sweep all in
terrogation points away
About the Navy.
take II for granted that congress will
carry out the naval program which was I'M
dertaken before entered the war. The
secretary of the navy has submitted 70 your
committees for authorization that part of the
program which covers the building plans of
the next three years. These plans have been
prepared along the lines and in accordance
with the policy which the congress estab-
lished. not under the exceptional conditions
of the war. but with the intention Of adher-
ing to definite method Of development for
the navy. | earnestly recommend the I'M
interrupted pursuit of that policy II would
clearly be unwise for US to attempt 10 adjust
our program to future world policy as yet
undetermined.
Railroad Question.
The question which causes me the greatest
concern is the question of the policy 70 be
adopted toward the railroads. / frankly turr
to you for counsel upon H. / have no con.
f.dent judgment of my own. | do not Sc,
how any thoughtful man can have whs
knows anything of the completely of III.
problem. 1t is a problem which must b,
studied without bias prejudice. Nothins
can be gained by becoming partisans Of an,
particular plan Of settlement.
Move Necessary
1t was necessary that the administration o.
the railways should be taken over by IN,
government so long as the war lasted
would have been impossible otherwit I.
establish and carry through under a singh
direction the necessary priorites of ship
ments. II would have been impossible other
wise to combine maximum production at tn
factories and mines and farms with tn
maximum possible car supply to take In
| products to the ports and markets impossible
to route troop shipments and freight shin
ments without regard to the ADVANTAGE q
| disadvantage Of the roads employed; impo.
| sible to subordinate. when necessary all uuea
tons OF convenience 10 the public necessity
| impossible TO give the necessary finaneia
| support TO the roads from the public treas
/ ury. But all these necessities have now bee
served. and the question is what is best 10
the railroads and for the public in the IA
| ture?
Exceptional circumstances and excepttona
methods of administration were not needed /
convince us that the railroads were not eaua
to the immense tasks Of transportation i'm