Bisbee daily review., 1918-05-10
NEED 2S BILLIONS FOR WAR PROGRAM
 N'ADOOANNOUNCES
Levy of Last Tax Bill May Be Doubled; Bond Issues Are Planned; Incimes and Ex- cess Profits Will Help.
Rv Review Leased wire,


 WASHINGTON, May 9.-Congres- lsonal leaders have been advised by McAdoo that legislation at the session is imperative to provide revenue to meet the unexpected in- creases incidental to the vast expan- sion Of the nations war program.
 A statement of the country's finan- cial situation. upon which the amount of additional taxes and bonds needed may be calculated. has been prepared at the treasury for submission within the next two or three days to the committees of the senate and house.
 Whether congress will undertake at the present session upward revision of the war revenue bill of last fall, leaders at the capital said tonight. de- bends upon the impression made hy this statement If it demonstrates that it is essential to act now instead of waiting until December, as planned. hope of adjournment by July l will 90 slimmering and congress probably will be here until fall.
 Heavy Expenditures
 Secretary McAdoo's belief that leg. islation must be enacted at once was expressed in g letter to Senator Sim mons Of North Carolina. chairman of the senate finance committee.
 The unexpectedly heavy estimates O expenditures for the coming year include the S15,OO0.OOO.COO army pro gram, about $1.50O.O0O 100000 for the navy with further estimate seXpected and S2.250. 100000 for the shipping board.
 Senator Simmons said tonight the tacit agreement to defer further rev enue legislation until next December was made before these new estimates were submitted. The situation now, he said. is materially changed, and will have to be considered in the new light when Secretary McAdoo's IcTmai is presented.
 To Double Tax Levy
 Representative Kitchin of North Carolina, democratib, leader of thA house and chairman of the ways anG means committee, said if additional taxes were decided upon, the levy of the lest tax bill probably would be doubled. He estimated that $2.500,0O0 in new taxes would be levied, but other leaders placed the probable figures at from S1,0O0,0O0.000 to S1,500, 100000. making a total of amount of $6.000,- poo based upon the estimated returns Ds between S4,0O0, ,00O, 900 and $4,50O,- DOC. 900 from the present law.
 Further bond issues also undoubtcd- Iy will have to be authorized during the present session according to Sen ltOr Simmons. regardless of when rev enue legislation is enacted. The amount of the issues, however. of will depend upon the decision as to taxes.
 More ConsumptiVn Taxes
 Incomes and excess profits, both Kitchin and Senator Simmons indicated are regarded as the principal source from which any rev enue increase must come. The former said both can be handled, while the latter believes additional tax burdens should be spread more generally over the population. More consumption axes are regarded as a strong prob ability.
 Strong republican opposition to any general revenue legislation at the present session of congress is expect. ed.
 Senator Simmons explained tonight that a decision regarding immediate legislation largely depends on Secre- tary McAdoo's showing of actual treas lry receipts in sight between now and February. when it is assumed a new