New-York tribune., 1920-08-15

the one to the farmers. Many re-
quests have been made that he make
one or two other stops, but he still de-
clares his determination to adhere
strictly to his policy of delivering only
the formal addresses scheduled when
he leaves the front porch.
President Is Criticized
In continuation of the Republican
policy to Saddle" the Democratic party
and Governor Cox with the Wilson Ad-
ministration, President Wilson was
made the target Of attacks by former
Senator John w. Weeks, of Massachu-
setts, and Representative Nicholas
Longworth, of Ohio, who conferred with
Senator Harding day.
\ Mr.. Longworth criticized the fiscal
program OF the Administration and
Governor Cox's declarations concerning
revenue and taxation.
president Wilson vetoed resolution
ending the war and the budget bill 4"
Mr.. Longworth said. "Over fifty laws
comforting war powers with the in
evitabie boards, commi ssons and en-
ployees would have been ended.
Under existing conditions, with the
President insisting that he must have
his particular League of Nations as
component part of any treaty, it
is physically Impossible to terminate
the war except as the Republicans try
to do. In no sense would it have been
separate peace with Germany. but
simply statement of what everybody
knows, that the actual state of war as
ceased.
"lt is impossible to estimate tie saw
ing that would have followed the re-
peal of war legislation, but it would
have amounted to hundreds of millions
Of dollars. The budget legislation
would have put government finances
on a business basis, avoiding duplica-
tlons in the department, and making
possible a further big reduction in ex-
penses.
Were Left Legacy Debts
GAS to taxation, while it is true taxes
were not largely reduced by the last
Congress, that is because we were left
legacy debts, which, however unworth-
lily contracted, had to be paid. Despite
saving of nearly $4,000 900 900 for
which the Republican Congress is alone
responsible, expenditures this year
will at least equal the total raised by
taxation, plus sales of war materials.
III we come out even at the years
end, as is still doubtful, we will yet
have hanging over US a floating debt of
three and half billions represented by
short time certificates. No sane man
would think of greatly reducing rev.
enue untii he could see daylight and
substantial reduction of this floating
debt. Especially is this true, inasmuch
as we must arrange to refinance over
five billions of Victory bonds only a
little more than two years hence.
while Governor Cox loudly demands
lower taxes, he doesn't indicate what
taxes he would reduce. About three
quarters of our revenue comes from
taxes on excess profits, incomes and
luxuries. He does not say which. if
any, should be replaced and modified.
The excess profits tax is purely
Democratic invention, and while it was
useful to produce revenue in wartime.
no such tax is justifable in peace. The
Republicans plan it's repeal or amend
ment at the earliest possible moment
the serious financial condition of the
government, due largely to the reckles 8
war extravaganza of the Administra
ton, will justify it,
Mr.. and Mrs. Longworth, who were
the guests of Senator and Mrs. Hard
ing last night, returned to Cincinnati
this monlng shortly after Mr.. Weeks
arrived.
A driving rain prevented the Senator
from motoring to Mansfield for a golf
foursome this afternoon, but. deter
mined to get out in the open for an
hour or so at least, he drove with Mr..
Weeks to Gallon, where the former
Massachusetts, Senator took the train
for New York