Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1918-05-27
FREIGHT and PASSENGER RATES BOOSTED

dustry OF almost every sort produce in
Nations which presently make the.
whole economic structure questionable
and insecure and the basis Of credit is
cut away.
Burden On War Profits.
"Only fair, equitably distributed tax
alton of the widest Incidence and draw
ing chiefly from the sources which
would be likely to demoralize credit by
their very abundance can prevent in
fation and keep our Industrial system
free of speculation and waste them. We
shall naturally turn. therefore, l sup
pose. to war profits and incomes and
luxuries for additional taxes. But the
war profits and incomes upon which
increased taxes are levied will be the
profits and incomes of the calendar
year of 1918. 1t would be manifestly
unfair to wait until 1919 to say what
they shall be. 1t might be difficult to
run the mill with water that had al
ready gone over the wheel.
Moreover, taxes of that sort will not
be paid until the June, of next year.
and the treasury must anticipate them.
1t must sell short-time certificates Of
Indebtedness. In the autumn much
larger sale of long time bonds must be
effected than heretofore. How are in
vestors to approach the purchasers Of
bonds without knowledge of their own
affairs If they do not know what taxes
they are to pay and what economies
and adjustments of their business they
must effect; can not assure the coun-
try a successful administration of the
treasury if the question of taxation is
left undecided.
Money to Win War.
THE situation dominates every other
now and makes every other seem
trivial in the winning of the war. We
are not only in the midst of the war:
we are at the very peak and crisis OF
it. Hundreds of thousands of our men
carrying our hearts with them and our
fortunes are in the field and ships are
crowding faster and faster to the ports
of France and England with regiment
after regiment, to join them until the
enemy shall be beaten. There can be
no pause nor intermissioh. The great
enterprise must. on the contrary, be
pushed with greater and greater en-
ergy. The volume of our might must
steadily and rapidly be augmented un-
til there can be no question Of resist
ing it. If that Is to be accomplished
money must sustain it to the utmost.
Importance Of Financial Program.
Our financial program must no more
be left in doubt than our ordnance pro-
gram. or our tel.lop:us program or our
program for making millions Of men
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indeed. but mere plans on paper, unless
there is a sufficient supplyAof money.
That is the question and the situa-
|, tion which creates the duty. There. .s
only one way 10 meet the duty. We
must meet IL; without fear Of conse-
quences. Politics must be forgotten.
The election win go to those who
think least Of it. The election will go
to those who go to their constituents
with duty faithfully performed. 1. for
one, am almost confident that the peo-
iple Of this country will give just
verdict on the service Of tic men who
ask for them when the facts are such
tht no one can disguise or conceal
them. There is no danger Of conceit
now. AS intense and pittiless light
CLEANS down on every man that is now
upon the stage. If lobbyists hurry to
Washington in an attempt to turn what
you do to their protection and advant-
age the light will beat also upon them.
There is abundant fuel for the ligh: in
the records Of the treasury with regard
to profits Of every sort. The prolteer-
Ing that can not be gotten at Ky love Of
country can be got at by taxation.
There Is such profteering now and the
Information In regard to it is available.
Takes Rap at Lobbyists.
II am advising you to act upon this
matter Of taxation now not because
do not know that you cannot see and
interpret the facts and the duties they
impose just as we'll, with as clear a
conception of the obligations involved.
as can. but because there is solemn
satisfaction Of sharing with you the
responsibility of such time.
Men never before had so clear or so
moving vision Of duty. know you
will begrudge the work to be done here
by us normore than the men begrudss
us theirs who lie In the trenches. There
lis stimulating comradeship netting
us all together.
This task to which invite your
attention will be performed under
favorable influence if we look to what
tho country is looking and expecting
and caring nothing for what Is said In
the Hobbies ofWashingto ton hotels where
the atmosphere makes it possible to
belieev what is believed nowhere else.
Need Not Fear People.
Have you not felt the spirit Of the
nation rise since these eventful days
came in? I think you must read that
thought. as I do. to mean this, that the
people of this country are not only
united In the resolute purpose to win
this war but are ready and wiling to
bear any burden that may be neces-
sary to bear in order to win 1t. We need
not be afraid to tax them If we lay
taxes justly. They know that the war
must be paid for and that It is they
who must pay for it. and If the burden
Is justly distributed and the sacrifice
made a common sacrifice from which
none escapes who can bear 1t at all.
they will carry 1T cheerfully and with
a sort Of solemn pride.
II have always been proud to be an
American and was never more proud
now when all we have and said about
our people Is becoming true. The great
days have come when the only thing
that they ask for or admire is duty
greatly and adequately done: when
the only wish for America is that she
may share the freedom she enjoys;
when a compelling sympathy YIELDS up
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