Willmar tribune. [volume] (Willmar, Minn.) 1895-1931, 1921-10-19
WASHINGTON "A ! ! [ NEWS:
8 LETTER I
= Thy, Walter w. Liggett)

Washington, D. c., oct. 17-Liberal
.2kpubl leans, in alliance with the De
'r$perat:cs minority, won distinct
;htpry in the Senate when they COM
lied Penrose and the standpatters
To- accept several amendments in the
administration tax program. The ann:
e.kdmeInts2 proposed by the liberal
HQup. and finally acepted by the Ad-
-ipistr ton provide for repeal Of
tH4s Transportation tax by Jan. l,
IR2a; repeal Of many of the burden:
some nuisance taxes; restoration Of
tNS SIS, 600, 900 capital stock tax; in
Tease. OF the income surtaxes from
3Eto 80 per cent maximum; Increased
Inheritance taxes to maximum OF
5Uster cent: and increased taxes on
d4ltnled spirits.
>3tThe tax bill, even as amended Is
not sound and discriminates: in favor
OF the wealthy, but it is infinitely bet
tai, than the original Fordney bill and
The meas sure which Senator Penrose's
cdmmittee reported. These bE!s
made the repeal Of the excess profits
TAR retroactive, reduced the income
slTtaxes to 80 per cent maximum, re-
peNhed the capital stock tax, and re-
tanned the burdensoame tax upon
transportation.
The amended bill is expected to
rass the Senate with little change
and probably will be agreed to by the
Hpuse conferees Penrose, Long
Worth, Fordney, and other staudtpat-
ters-to say nothing OF President
ftarding-had their hearts set on re,
tfoactive repeal of the excess profits
tat and still greater reductions in the
income surtaxes, but the longer the
iM waits the more protests it causes
AID they will accept the changes for
fasir of having their program still
fh1ther amended. The bill will please
III one and probably will have to be
,'bNisel next year. Penrose admfoted
s. much and made very sensible
siReestion when he said the whole
az question should be investigated
bY commission Of nonpartisan e1-
uarts. Taxation is the most import
dit question before the people and
revenue laws should be drafted In
conformity with economic principles
instead of being dictated by political
exnediency or in return for campaign
contributions. Much of our indust-
rlal depression is caused by faulty
methods of taxation and we need not
eHpect permanent prosperity untli we
adopt a scientific system that Will
raise revenue without disturbing IN
dustry and penaizing production.
Kenyon Refuses Judeship
The Administration split the lag
ricultural block on the Norris farm
expert bill by seducing the southern
senator's by big loans from the War
Finance Corporation to cotton ex:
porters. These loans were promised
in return for desertion of the block
and the records of the War Finance
corporation, show that cotton export
ers were favored as a. result. This
Week another effort was made to dts
rtpt the agricultural bloc" by win
hing over its leader. President Har-
ding offered to appoint Senator Ken
yon to the Federal bench in Iowa and
great pTessur e. was brought to bear
to induce him to accept. It was poin-
sd out that he would have life job
at the same salary he is receiving as
senator, and it. was also emphasized
that he might have strong opposition
for reelection next year. The ADJ
ninistration wanted Kenyon out OF
the way and the federal judgeship
was offered with no other end in
view. LaFollette, Ladd, and other
colleagues of Kenyon told him his
place was in the Senate and that he