The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-22
HARDING SEEKING
WAY TOEND EVILS
OF UNJUST TAXES
Burden Must BE Lifted and
War Debt Cut at Same
Time.
PROFITS LEVY TO GO
Leaders in All Branches OF
Industry Are Being Con-
suited i'm Marion.
CABINET Is DISCUSSED
J. VI. Dixon, Goyernor-Elect OF
Montana, Is Urged for the
Interior Post.
CABINET IS DISCUSSED

spscai nsspafoA 10 THE NEW YORK HERALD
MARioN Ohio. Dec. 2i.-Taxation Is
occupvina the mind OF President-elect
Harding whenever he can take time
from studying his Cabinet problem and
from his slowly forming plan for
new foreign soncy. Probably it would
-, moro accurate 20 say he studies
the Cabinet field and adds brick here
ana there 20 his world association
protect whenever he can take time OIL
from puzznng over the taxation prob
lem.
Il can DO stated authoritatively that
the President-oiect believes the prob
iem OF reducing the drain on the
American pockethook while adopting
safe and satisfactory scheme for re-
ductlon OF the war debt is the biggest
Of the many problems that confronts
him. on this problem he Is seeking
counsel from financial and economic
expcrts in active business life and In
the chairs OF the universities. lie Is
acquiring digests Of opinion from
chambers OF commerce and mer-
/ chants associations.
There il scarceiy field az American
industry that he has not drawn lhior-
nation from. The result Is likely 70 DC
within the next few weeks. settled pol
icy m the MIND OF the President-elccs
as 10 how inequalities and intustices OF
taxation can be eliminated There Il
reason 10 believe that he consulted
charles q. Dawes OF Chicago very fully
as regards these matters when MT
Dawes was hers yesterday.
The Prcsldent-elect indicates that he
considers the present excess profits tax
an unnecessary burden and handicap 70
business, and that the tax must go
There is some reason for belief that he
IA yors n different graduation OF the IN
come tax 10 produce additional revenue
and that nc believes this graduation can
/ be secured with an actual lessening ,oi
\ the strain by the present system OF IN
como tax apportionment. Other Ideas
In connection with taxation which arc
occupying the consideration Of the Pres
ident-eicct are tho feasibility of excise
taxes upon certain articles OF luxury
! and n tax upon urdistributed earnings
I Mr. Harding viii have the leadershiil
IN building a new tarif law which VIII
not only be framed TO protect American
! labor as well as industry. but VIII be
| designed for an income producer as well,
a money gettcr that may ease up the
strain caused by other forms OF taxa
tion that have not set well with busi-
ness or with the people generally.
II can he stated that the President
elect approaches the whole question OF
Federal taxation in a friendly spirit
toward business lie takes the View
that the prosperity OF business IL every
body's prosperity. believing that unless
the processes % buying and selling al a
reasonable profit to the seller can be
facilitated IN the United states the whole
economic structure Is shaky.
Tho President elect had Two visitors
to-day. Senator Miles Poindoxtcr az
Washington and Gov Edwin T. Morrow
Of Kentucky. Both men talked Cabinet
with the President elect. each making
recommendations. Senator Poindexter
said:
"The Western states. especially those
concerned with reclamation. have an
intimate interest IN the operations Of
the Interior Department which con-
vinces them that they are entitled 70
special consideration In naming that
partic member % the Cabinet. IN
behalf OF them and a widespread sentl-
nent oil over the trans Missouri country
very earnestly recommended tho APP
continent % former Senator Joseph NJ
Dixon OF Montana. 20 the Interior port
folio.
at Is true that senator Dixon. who
was chairman Of the Progressive Ma.
tionaI Committee IN 1919. has just beer
lected Governor Of Montana on The