New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1921-08-26

WotutH anu Cliiiuicu uus hcois 49,
day of their lives, the people probably
would feel that they had been relieved
Of some expense, forgetting perhaps
the tax would 60 somewhere else ana
that In the long run it might have Its
effect upon them.
The plain truth about taxation Is
that the government needs a huge
amount of money to pay he interest
on its bonds and to pay its running
expenses. There is only one way 10
raise this money, and that Is by lax
atiOn, except of course through tarin'
and some persons maintain that the
tariff Is a tax. 1t follows, therefore,
hat unless the expenses of govern
ment are cut, taxation cannot be cut.
II is not Uncle Sans fault that Diiis
fall due and 1t Is a credit, OF COURSE
to his honesty that he wants to pay
them.
Little Reduction in Sight.
There was q strong belief that tax
alton this year might be cut material
ly. 1t is the solid truth today. how
ever, to say that few men In congress
seemingly believe that any great
amount of the burden can be lifted.
The chairman of the house committee
on ways and means, Mr.. Fordney, says
that the attempt will be to cut half
a billion dollars from the tax bill OF
next year. His fellow members of the
committee are very much less optimis-
tic. They say that they do not want
to make any promises because II cis-
appointment shall come the promises
will return to plague them.
All the members of congress, mem
bers of the minority party as well as
Of the majority, seem to be In SYM
patty with the proposal to repeal the
transportation taxes, those which hit
freight as they hit the passenger by
land and sea. When a man travels to-
day he not only pays n good deal more
for his straight ticket than he did
a few years ago., but he has to pay
a tax In addition, and as Americans
like to travel, this form of taxation
has been felt keenly.
1t has been said that the taxes col
lected each year from the passengers
and the freight shippers amount TO
considerably more than one-third OF a
billion dollars. OF course II this tax
II lifted the third of a billion dollars
must be raised In some other way and
as yet no specific plan for doing 1t has
developed. 1t seems likely today that
only a part of the transportation tax
will be lifted.
The government Is going to save
some money this year through econ
omy In the administration Of the de-
partments. Through the efforts OF the
budget commission. and of the con-
g%resSiOnal committee plus n nom
congressman who Is Its chairman,
and which Is charged with the work
of recognizing the departments, the
chances seem to be that several hun
dred millions of dollars will be saved
Expenses Increase Yearly.
The trouble is, however, that the
government is growing all the time
and that its ordinary expenses In
crease from year to year. Therefore
1t seems that If the saving VIII offset
the legitimate increase arising from
the growth of the government, 1t will
do about all that 1t can be expected
to do. OF course it Is a saving never
theless.
The army will not cost as much as
It did last year, nor will the navy cost
! quite ms much, but the sea service VIII
| come pretty near to equaling Its last
wears expenditures. Congress as a
whole, Democrats and Republicans to-
gether, agreed that the navy should be
maintained mt close to Its last years
efficiency, while congress as a whole
seemed perfectly willing that the army
should be cut so materially that today
army officers fear the service actually
will be crippled badly.
Society Hopes for Princes.
Washington actually has started
preparing for the disarmament and
Far East conference which Is tC
open here some time In the gray month
OF November. 1t Is a long time
in advance, and yet already hotels
are being requested to make reserva'
tons for what may be called arriv.
ing day. Those persons, however, who
expect that all the foreign notables
with their great retinues are to gel
here ut the same time will find them
selves much mistaken. ARRIVING day
| will be several days.
Washington society is worth watch
ing from the side lines, especially tina,
part of the society which compOses
what In other towns would be called
the smart set. There has been a ru
NOR running along the venue tina
the prince of Wales is to come to tow
to watch the proceedings and further
to democratlze himself.
The prince was here once before
and il Is said that he wants to com,
here again. Even those persons VIII,
do not feel an Overweaning affection
for the British empire seem to fee
kindly disposed toward this youn;
man.
Society also has heard that 1t II
possible that the crown prince o.
japan may make a visit to this tow
some time in the near future. 1t ma,
be remembered that the prince in
tended to come here some time ago
but owing to circumstances over which
he had no control. his travelling wa
cut short. and he had to content him
self with a visit to England, whcr,
thov mazda a preat ado Oyer him