The Tomahawk., 1920-12-02
BUYERS HOLD BACK

EMO F1OIO DAWN
A panicky state of mind, however,
may be developed in the whole work
ing population of the United States
by this threat of unemployment and
likewise among the farmers by the
raids on their crops this fall, the re-
suit of which might easily be a panic
of considerable proportions.
Would-be buyers, on the one hand,
are neglecting to buy except. the most
essential things in the hope that prices
are going lower, and producers, on the
other hand, are afraid to produce a
normal quantity for fear they are 60
ing lower. -
The present labor situation shows
how hypocritical was the cry of big
business that all we needed for read
justment was more efficient labor and
harder work; whereas both the high
prices of the recent past and the hard
ships of the present are produced by
monopoly control of vital industries,
by the squeezing of the money trust,
by the chaos resulting from imperialis-
tic policies in Europe.
We are now paying not only for war
and war profiteering, but for bogus re-
construction following the war.
T.. e. - -. = - .
ovE9TURN IN GREECE.
The election in Greece on Novem-
ser IA, resulting apparently in the de-
feat of Premier Venizelos, is a good
indication of how little our press SER
vices keep us informed of the news
of the world. Practically every news
story concerning Greece has assured
us that Venizelos had the united sup
port of the Greek people and that his
opposition consisted of handful!
which supported the cause of ex-King
Constantine, who was chased out by
allied military forces. We also have
been told that the issue was entirely
one of whether. the pro-German King
Constantine should be allowed to re-
turn or not. e ss.sla.s5. ..5%1& -
Kings, however, are only superficial
puppets on the stage, and it is might
er forces than they which make or
unmake actual governments. Venizel-
os has probably lost for the same rea'
son that the leaders of Italy, who were
made by the last war, were endorsed
at the last Italian election. and the
man who had opposed the war from
the very beginning became prime min
lister. Venizelos not only led Greece
into the war with the allied side but
has since been pursuing an expansion
policy. At the present time Greece
Is waging war in Asia Minor as price
which France and England demands
of her in return for certain new ter
ritory. The Greek people are probably
tired Of war and of paying the price
Tor nationalistic jingoism.
Honest government is made especial
ly difficult in Balkan state, such as
Greece, because the great powers in
terfere SO much with the actual course
of affairs. For years before the war
German money competed with English
money and French money in corrupt
ing the public officials in these states.
Many a Balkan statesman and politf-
clan attempted the difficult feat Of
taking money from both sides and at
tempting to please both. 1t was from
diplomatic cockpit of this kind, in
fact, that the great war broke out.
And none of these little nations,
whether they took the allied side or
the German side, gained anything from
the war but great misery and debt.
: - - = - - sEzl.,.-f
~ FEDERAL TAXES.
That the year ending June 30, 1920,
was more prosperous year for pluto
Gratis than the year ending the same
day, 1919, is indicated by the fact that
the income and excess profits taxes
brought in nearly a. billion and half
more revenue to the government in
the latter year. . = :. 80
A government report shows that the
federal taxes collected for the fiscal
year ending June 80 were made up as
follows: 80
Il, Amount Per cent
Sources collected of total
income and profits -. :. :
taxes $5,93a '6SS,sU.V i5.1
ofof aS lOS.62S.l04,6S l.J