The Mt. Sterling advocate. (Mt. Sterling, Ky.) 1890-current, 1920-08-19

and justify the course which our ne.
don would unquestiousbiy follow n
the basic purpose Of the League were
at any time distorted II would also
appear to be q simpler matter TO pro-
vide against any misunderstanding In
the future and at the sane time 10
meet the objections Of those Who be-
Iieve that we might be inviting q con-
troversy over our constitutional rights.
By making q senatorial addition In
words something like these:
lit will Of course be understood
that In carrying out the purpose Of the
League. the government Of the United
States must At all time act in strict
harmony with the terms and intent Of
the United States Constitution which
cannot In any way be altered By the
treaty-mskine power
Helpful Additions Not Barred.
-Unquestioned friends of the
League have made other proposals.
Our platform clearly lays no bar
against any additions that will be help
full. but IL speaks In q firm resolution
to stand against anything that dis
turbs the vital principle. We hear IL
said that interpretations are unnneces-
sary. That may be true. but they will
at least be reassuring to many of our
citizens. who feel that In signing the
treaty. there should be no mental res
ervations that are not expressed in
plain words. as Q matter Of good faith
TO our associates. Such interpreta-
lions possess. the further virtue of
supplying q base upon which agree
ment can be reached, and agreement.
without injury to the covenant, Is
now Of pressing importance. II was
the desire TO get things started. that
prompted some members Of the senate
e Yots t9r IL LQdSs gessryaaops
Those who conscientiously voted for
them In the final roll calls realized.
however, that they acted under duress,
In that a politically bigoted minority
was exercising the arbitrary power Of
Its position to enforce drastic condi-
tons. Happily the voters Of the re-
public. under our system of govern
ment. can remedy that situation. and
have the faith that they will, at the
election this fall Then organized
government will be enabled to combine
impulse and facility In the making Of
better world conditions The agencies
Of exchange will automatically adjust
themselves to the opportunities Of
freedom. New life and re-
newed hope will take hold Of every
nation. Mankind will press a resolute
to the task Of REIMBURSEMENT.
and a new era will have dawned upon
the earth.
Federal Taxation.
Federal taxation must be heavily
and II will be done at once,
Democratic administration Is
'hosen In November. Without hamper
ng essential national administrative
by the elimination Of all
'thers and strict economy everywhere.
rational taxes can be reduced In ex-
,ess Of two billion dollars yearly. An
loying consumption taxes, once will
ngly borne, now unjustified, should be
epealed. The incomes from war-made
ortunes. those Of non-producers and
hose derived from Industries that exist
y unfair privilege may be able to
AIRY their present load, but taxes on
he earnings Of the wage-earner, Of the
alaried and professional man, OF the
agricultural producer and Of the small .
should be sharply modified.
han the so-called excess profits tax
nay he found and suggest a small
AK. probably one to one and one-half
YER cent on the total business Of every
'oing concern. II Is to be understood
hat the term business as used does
lot include income received by wage
arners, salaried men, agriculturists
nd the small business man who should
'e exempt from this tax The profiteer
nd some OF the highly capitalized
Inits have used the excess profits tax
IS favOrite excuse for loading on the
consumer by means OF highly inflated
elling prices many times the amount
ctually paid the government A
necessary condition to the national
and sound business 10 a
ust proportion between fair profits to
BUSINESS and fair prices to the con-
umer.
Would HAN Prof'tserine-
THE tribe OF profiteers has simply
multiplied under the favoring circum-
tances Of war. For years. large con-
ributions have been made to the Re-
publican campaign fund for no pur-
'ose except to buy a governmental
Inderhold and to make illegal profits
s. the result of preference. Such
argesses are today a greater menace
o our contentme and our institu-
ions than the e. Lntless temporary
rofiteers who are making o mockery
4 honest business, but who can live
nd fatten only In time Of disturbed
rices. II am called to service as
resident means will be found, II they
% not already exist. for compelling
hese exceptions to the great mass Of
quare dealing American business
zen. to use the aame yardstick Of
onesty that governs most Of US In
ur dealings with our fellowmen or