New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1921-01-21
LOOKING FOR WAY
To REDUCE TAXES
CONGRESS FINDS THIS is HARD
TO DO WITHOUT LOWERING
NATIONS REVENUES.
CUSTOMS DUTIES TO GO UP
Emergency Tariff Bill, Framed to Re-
iieve the Farmers. Is Faced With
Rather Difficult Conditions in the
Senate.
BY EDWARD 8. CLARK.

BY EDWARD 8. CLARK.
observation-disclosures is trying Il
find some means 10 reduce taxation
1t seems likely that the majority party
in congress at the extra session in
March will repeal what is known as
the excess profits tax. This, ns pre-
Ilmably everybody knows, taxes prof
its of business concerns over ana
above n certain percentage. 1t is held
by its opponents To be II tax on mi
tiative and on business endeavor. Its
proponents say that next to the in
come tax IL Is the most logical means
of raising money.
Senator Joseph :. Frelinghuyscn of
New Jersey, presumably speaking for
the Republican party, outlined In the
senate the other day what he said
was the task ahead OF the controlling
majority In house and senate. Among
other things the New Jersey senator
said that his party must do this:
Remedy the tax situation by taking
the tax from small incomes, remove
surplus profits tax and s%urtaNcs. ana
gain more revenue by n protective
tariff ana a tax on manufacturers
sales
Congress admittedly is to have n
hard time of 1t 10 keep the revenue
NJ while AT the same time il is di-
minishlng taxes. The excess profits
tax is the source of "A large amount
Of income to Uncle sam. Mr.. llots-
ton. the secretary of the treasury, has
tust said something concerning a huge
deficit. Now one of the questions
which is hOthering congress and the
treasury authorities IS "if the excess
profits tax is removed, and the general
feeling seems to be that II Is Ia he
removed, by what means is the income
now derived from il to be replacedf'
Will Increase Customs Duties.
II takes only n little thought Ia
bring II realizing sense of the hard
nature of the difficulty of reducing
taxation and still maintaining rcyenue
The DcmocrntS say that high tariff
rates are taxes. Republicans hold to
the contrary. hut IL seems Ia be GER
tain tina increased customs duties Will
be depended upon to put into lncle
Sans Golfers some of the money which
he Is 10 lose through decreased tax
alton.
"Cltlmate Consumer came into
prominence rs n very real person dur
Ing the Taft administration. He is
still living, still bearing his burdens
and still kicking against the prices.
While few men in congress seem To be
at all friendly towards certain kinds
Of taxes, the desire Is to know how
taxes can be done 10 death without
anlicting unduly ultimate Consumer
The emergency tariff bill fostered by
Mr.. Fordney, Republican chairman of
the house committee on ways and
means. and 100 other members of the
house of representatives, n good many
of them Democrats. Is facing rather
hard conditions IN the senate. The
house passed the bill and sent 1t over,
believing that It would he given imme.
diate consideration and passage by
fhe senate.
This measure Is intended to provide
relief for the agricultural interests.
Some members of congress of both
have called II class legislation.
This charge is raised against n good
deal Of legislation which congress has
passed from time 10 time. The bill
probably will 90 through the senate
In a somewhat amended form, hut II
still remains a question rs To whether
the President will give IL his sigma
ture. The treasury department au-
thorlties, to put II mildly. are said not
to be very kindly disposed toward the
measure.
Vote Creates Hard Feelings.
Some Of the members Of the senate,
and Republicans. are "A lit
lie Indignant because Of the action
of certain members Of the house In
connection with this emergency tariff
bin. Some Of the senators have not
been slow 10 say that some Of their
party brethren In the house voted for
he hill. while I'm their hearts they
were opposed to #. voted for il in the
belief that such a vote would please
heir constituents, and depending for
he easing Of their consciences on adj
verse action In the senate. In other
some senators say that the
house passed the buck 10 the senate
and still more ~slangily inclined ones
nv that the house tried to make the
senate the goat.
Taking the thing by and large.
lowever, there seems TO be- a majority
both houses which believes i'm
,licitly that this measure will do
something to help the agricultural In
.erests of the country. and that TAX
ng this In connection with the re-
of the war finance board
which will have power in part TO act
- IL did during the late conflict. the
,gricultural interests will duly benefit.
Diplomats From New Nations.
The United States government has
,een obliged 20 issue an enlarged In
to the book IF the personnel Of the
and legations which foreign
governments maintain In the capital
Now countries have been born