The Hays free press. [volume] (Hays, Kan.) 1908-1924, 1921-08-11
WASHINGTON NEWS

ing of a conference on limitation of
armament and the Pacific and far
eastern problem preliminary TO the
conference at Washington.
10000
By vote 70 III to "a the house
passed a joint resolution to relieve
states in the cotton belt which have
been aiding farmers in fighting the
pink boil worm.
10000
Secretary of State Hughes in a
letter to President Harding asserts
the belief that the United States will
eventually be allocated the former
German cable from Guam to zap.
10000
Thomas Walker Page, chairman of
the tariff commission, before the fin
ance committee at the opening of
hearings on the tariff bill cOntended
that application of the American
valuation plan of assessing duties
would increase prices of similar mer-
chandise produced in this country
10000
Former Republican Leader Mann
cautioned against undue haste in
revenue legislation, saying, The
sooner we pass a tax bill the poorer
it will be-" and adding, ''if the
house remains in session throughout
the dog days, God help the country"
10000
Representative Mills (Republican)
New York, appeared to explain his
bill proposing a reduction of surtaxes
and imposition of taxes on the basis
of. personal expenditures. Mr.. Mills
declared that present tax laws are
causing a maximum of damage to the
business community and yielding a
diminishing return each year. He
said there should be no tax exempt
securities.
10000
The senate Republican majority
was increased by. one when T. Cole
man Du Pont, former Republican ma
tiOnal committeeman for Delaware,
was sworn in to succeed Josiah o.
Wolcott, Democrat, resigned to be-
come chancellor of Delaware. The
change gives the Republicans sixty
and the Democrats thirty-six mem
bers.
In spite of pressure being exerted,
Henry Ford's proposal to lease and
purchase the governments 100000
600 dam and war plants at Muscle
Shoals, Ala, will not be accepted on
terms submitted. Secretary of War
Weeks says there are several things
wrong with the proposal and be-
sides he has heard that another cor
poration is about to make an offer to
take over the plants.
10000
Wealth will be compelled to pay
the government its proper proper
ton of the tax burden if congress
will scale down the excessive sur
tax rates to a reasonable level, Sec
rotary of the Treasury Mellon says.
Billions of dollars are now going
into tax-eXempt securities, to escape
the confscatory rates of the surtax
scale, which run as high as seventy
per cent. Secretary Mellon said that
as long as present rates stand,
wealthy taxpayers will be frightened
away from normal investment fields
into tax-exempt investments in Sc
curities.
10000
Representative Garner of Texas. |
ranking Democrat on the ways and
means committee, criticized the Re
publicans for holding the house in
session for the consideration of
little chicken feed stuff to kill
time"
Republican members of the house
ways and means committee stood
firm in their determination not to
repeal miscellaneous taxes as repre-
sentatives. of various interests APP
peared to urge that this be done.
10000
Farmers, first to feel the pinch of !
the nationwide economic depression, |
now are beginning to experience a |
return of prosperity. One of the
greatest grain movements in history
now is crowding the facilities of the !
railroads, according to reports re-
ceived by the Association of Railway
Executives. Grain shipments during
the past five weeks broke records of
more than two years standing. Load
ed grain cars totaled 298,OOO during
June and the first two weeks of July. |
During the week ended July 16, grain