The Washington herald., 1921-04-13
HARDING MAKES
POLICIES CLEAR
TO LAWMAKERS
,coNr,NuEp FROM PAGE ONE.

TO LAWMAKERS
CONTINUED FROM PAGE ONE.
at approximately $4,000. 100000. but
in this sum they have included
$500. 100000 sfrom postal receipts,
| $500, 900 900 receipts from miscel-
laneous sources, and s5oo.ooo.0oo or
more receipts from customs revenue
under revised tariff law. Their hg-
ures have Indicated that total re.
ceipts from internal taxes need
not be much In excess Of $2'soe,-
o00, 900 hereaftnrs
Figures show at Variance.
Those who have counted on the
reduction in the aggregate from
$4,000. .o00, 900, to s2.500. 900. 900, have
argued that the excess profits tax.
the transportation tax. the luxury
tax and soda water taxes, and the
highest surtaxes on individual in
comes could be repealed without any
| need of substitutes. The estimated
revenue from these various taxes
| against which most of the criticism
has been leveled. would total about
s1,ooo,o 100000 for the next fiscal
year.
Under President Harding's pro-
gram II will be necessary 20 find
$1,000, ,000. 600 additional revenue
from other sources. In view OF his
close adherence to the policies as
recommended by Treasury experts.
| il seems a certainty that the Ad-
ministration will favor the raising
of additional revenue by either an
increased tax on corporations. or a
tax on undistributed earnings OF
corporations, and by the levying of
| new excise taxes and the revision Of
some of these now included in the
law.
President Harding's declaration
for 'an instant tariff enactment,
emergency in character" was in
accordance with his previous ex-
pressions of concern for agricuI-
tural' interests.
Hangs TO Party Doctrine.
In his comments on permanent
tariff revision the President clung
closely to the protective tariff
doctrines of the Republican party.
In his discussion of the railroad
situation the President declared
emphatically that railway rates
and cost of operation must be re-
duced." He avoided any direct ref
erence to the question of railway
wages. but the inference was
drawn that 1t is his opinion that
wages must come down. He ap-
proved broadly the plans for an in
vestigation of the railroad situation
by Congress. in order that full in
formation may be furnished the
public.
President Harding gave notice
that "the United States means to
establish and maintain a great mer-
chant marine" He offered no sug-
gestions for legislation relative to
the merchant marine.
President Harding's assertion that
there might properly be an inquiry
by Congress into open price asso-
Citations" is expected to mean action
along this line during the present
session. Some Republican members
| of Congress were displeased because
the President showed an evident re-
gard for opinions of the Federal
Trade Commission. The fact that
the President had asked the commits
SlOH " IldNe SpCSldl iNpOAt w
him. on the failure of prices to the
consumer to come down in the same
degree as prices to the producer.
gave the impression to some mem
bers of Congress that he did not
agree with the statement of Sena-
tor Penrose a few days ago. that the
Federal Trade Commission had be-
come a stencil and should be abol-
ished.
Discusses Foreign Policy.
Following a discussion of the
army and navy bills, the President
recited his foreign policies:
TT i'll becomes us to express i'm
patience that the European belligor-
ents are not yet in full agreement
when we ourselves have been un-
able to bring constituted authority
into accord in our own relations to
the formally proclaimed peace.
Little avails in reciting the caus-
es of delay in Europe or our own
failure to agree. But there is no
longer excuse for uncertainties re-
specting some phases of our foreign
relationship. In the existing league
of nations, world governing with
its superpowers, this republic will
have no part. There can be no mis-
Interpretation, and there will be
| no betrayal of the deliberate ex-
| preston of the American people in
the recent election. and, settled In
our decision for ourselves, 1t Is only
fair to say t. the world in general,
and to our associates in war in
particular. that the league covenant
can have no sanction by US.
Applaud Peace Proposals.
THE aim to associate nations to
prevent war. preserve peace and
promote civilization our people
most cordially applauded. We
yearned for this new instrument
of justice. but we can have no part
in a committal to an agency Of
force in unknown contingencies; we
can recognize no superauthority.
Manifestly the highest purpose
of the league of nations was de-
feated in linking 1t with the treaty
OF peace and making it the enforc-
ing agency of the victors of the
war. International association for
permanent peace must be conceived
solely as an instrumentality Of JUS
tice. unasseciated with the passions
OF yesterday, and not so constituted
as to attempt the dual functions. OF
political INSTRUMENT OF the con-
duerors and OF an agency of peace.
There can be no prosperity for the
fundamental purposes sought to be
achieved by any such association
SO long as II Is an organ Of any