The Arvada enterprise., 1918-12-05

WHICH IL udB htIu1ISo " tae 0VPoA =
msnt of the Interior. 1t u possible IN
dealing with our unused land to effect
a great rural and agricultural dsvsl-
opment which will afford the best sort
Of opportunity to men who want to
help themselves. and the secretary OF
the interior has thought the possible
methods out in a way which is worthy
of your most friendly attention.
II have spoken of the control which
must yet for a while. perhaps for
long while, be exercised over shipping
because Of the priority Of service to
which our forces overseas are en-
titled, and which should also be &C
corded the shipments which are to
save recently liberated peoples from
starvation and many devastated re-
gions from permanent ruin.
May l not say a special word
about the needs of Belgium and north
ern France? No sums OF money paid
by way Of indemnity will serve OF
themselves to save them from hope
less disadvantage for years to come.
Something more must be done than
merely find the money. If they had
money and raw materials in abun-
dance tomorrow they could not re-
sumo their place in the industry OF
the world tomorrow-the very import
ant place they held before the flame
of war swept across them. Many OF
their factories are RACED to the ground.
Much of their machinery is destroyed
or has been taken away. Their people
are scattered, and many of their best
workers are dead. Their markets will
be taken by others. II they are not in
some special way assisted to rebuild
their factories and replace their lost
instruments of manufacture.
They should not be left to the VI
cissitudes of the sharp competition for
materials and for industrial facilities
which is now to set in. l hope. there
fore, that the Congress will not be un-
willing, II 1t should become necessary,
to grant to some such agency as the
War Trade Board the right to estab-
lish priorities Of export and supply
for 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 pitt
less competitive market.
Dissemination Of Taxes important.
For the steadying and facilitation
Of our own domestic business read
justments nothing is more important
than the immediate determination Of
the taxes that are to be levied for
1918, 1919 and 1920. As much Of the
burden Of taxation must be lifted from
business as sound methods Of financ-
ing the government will permit. and
those who conduct the great essential
industries Of the country must be told
as exactly as possible what obliga-
tons to the government they will be
expected to meet In the years imme'
diately ahead OF them. 1t will be OF
serious consequence to the country to
delay removing all uncertainties in
this matter a single day longer than
the right processes Of debate Justify.
II Is idle to talk Of successful and con-
fident business reconstruction before
those uncertainties are resolved.
III the war had continued. 1t would
have been necessary to raise ut least
$1,000. 100000 by taxation. payable in
the year 1919, but the war has ended,
and l agree with the secretary OF the
treasury that 1t will be safe to reduce
the amount to 5000. 100000. An i'm
mediate rapid decline in the expenses
Of the government Ii not to be looked
for. Contracts made for war supplies
will. indeed, be rapidly cancelled and
liQuidAted. but their immediate liQui'
dalton 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 II still
necessary. A considerable proportion
Of those forces must remain In Eu
rope during the period OF occupation
and those which are brought home
will bs transported and dem0bilixed
at heavy expense for months 10 come
The interest on our war debt must. Of
course. be paid. and provision made
for the retirement OF the obligations
Of the government which represent It,
But these demands will. OF course. fall
much below what a continuation OF
military operations would have en-
tailed. and $4,000. 100000 should sui
flee to supply . sound foundation for
the financial operations of the year
Four.0iillon Tax In 1870 Favored.
II entirely concur with the sscre
tAry Of the treasury In recommend
Ing that the S3.OOO. 0OO. 600 needed In
addition TO the $4,000. OO0. 900 provided
by existing law be obtained from the
profits which have accrued and which
will accrue from war contracts and
distinctivsly war business. and thai
these taxes be confined to the wal
profits accruing In 1918. or In 1915
from business originating In war con
tracts. I urge your acceptance Of biz
recommendation that provision b<
made now. not subsequently,. that ths
taxes to bs paid In 1920 should be re
duced from $4,000. 600. 900 to $4,000.
OOO. 900.
ANY ARRANGEMENTS less definite