The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-11-14
IL Billions
In 3 Years

Taxation on the war
IL Billions basis of $4,000, 900 900
In Years yearly is the prospect
for the nation until
1924, according to the experts OF the
Treasury Department. They say that
no matter what the politics OF the 40
ministration or it's ideas on raising
revenue the needed amount cannot be
nut below $4,000. 900 600 They have
prepared a programme OF taxation TOT
the three year period and Secretary
Houston will lay 1t before Congress.
Their scheme is to abolish the tax on
excess profits and substitute higher
levy on incomes The Urea sury men
pointed out that between now and 1924
arnroximately $4,000. 100000 in war
bonds will have become due for pay
ment
At the time this programme was
being made public Representative Fess,
O. Republican leader Of the House and
an authority on tax legislation, was
saying that it was the first duty of the
new Administration to furnish roller
from, war taxation. Mr.. Tess Is OF the
opinion that with reorganization or the
Government department and a policy
of strict economy Congress at its nest
session can save enough 10 repeal the
excess profits levy without the sub IT.
tuition of n new form Of tax. He saws
the budget system will be inaugura ted
and the tariff laws revised in the Re-
publican plan to tighten the burden.
It is fairly certain that a large ad-
dition will be made to the membership
of the House of Representatives at the
coming session. A majority Is favor
ing bill which would allow forty-flve
new members on the basis OF the LIST
census figures. An active minority
holds that the body is already I'M
wieldy and this group will oppose any
addition. There is still another ele-
ment which is satisfied with the pres
ent alignment.
discovery In Baltimore OF forty original
water colors by James Mcneil
Whistler. These works were willed TO
the Maryland institute by George A.
Lucas and had never been catalogued.
With President-elect Harding at the
Mexican border and not at all anxious
to meet Cen Oregon. as has been pro-
posed in Mexican circles, the relations
OF the United States with the Latin
neighbors have come in for some atten-
tion.
Senator Harding spent the week try
Ing to catch taipons and did get one.
President Wilson directed Secretary
Colby to visit Brazil and Uruguay, and
President De la Huerta OF Mexico stated
that he would not accert recognition
from any country whereby Mexico would
be called upon to accent conditions thar
would impair her national respect In
the meantime some quarters I'm Wash
ington are wondering why the President
should send Mr.. Colby to South America
In the midst OF the negotiations with
Mexico, and report has II that these ne
gotiations have fallen through over the
old issue of Mexican oil DEGREES.
Two important rulings
Two Rulings on the prohibition law
on Prohibition. are given by the United
States Supreme Court
and by the Internal Revenue Bureau.
with the vets and drys each gaining
victory. In the case of a man who had
some liquor in a safe derosit vault tie
Supreme Court ruled that he could move
II to his home and In doing so would not
be transporting II under the meaning OF
the Volstead act. However. liquor to be
governed by this decision must have been
purchased and declared before enact
ment of the law.
The Revenue Bureau which under the
Treasury Department Is the prohibition
enforcing agency. has put a ban on home
brew. The Department finds that the
promiscuous sale OF malt and hops 10
unlawful and promises prosecution. Tho
ruling is being tested by nm Ohio com
pany dealing i'm the forbidden Items.
Union labor charges that an organized
movement is under way to put the coun-
try on an open shop basis and that as
the first step thousands Of workers are
being laid of throughout the country.
The labor people say that 100000 men
and women are out OF work now and
mat unemployment is steadily increas-
ing. To meet tho situation which they
say exists labor Is planning TO raise
fund Of $40, 600. 900. The 1000. 900 mem
bers OF the American Federation OF La
Dor will be assessed TO carry on the fight
against tho open shop according to
lsader in New York city
The social action department Of the
National Catholic Welfare Council has
come to the support of the labor leaders
who are charging conspiracy for the
open shop. The Catholic Council says
that the open shop drive Is becoming SO
strong that II threatens not only the
welfare Of the wage earners but the
whole structure of Industrial peace and
srdsr.