The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-10-05
ChrYToL CUHaaNGs

done, and President Harding. re-
freshed by new golfing and cruising
experiences, has returned from his
latest vacation.
The tax revision bill as rewritten
by the Senate is just reported in
that body and will be the subject
of long debate while business few
erishly waits. The Republican cam
paign promise to reduce taxes, there
fore. has not been kept, and, &C
cording to Senator Smoot (Rep..
Utah), an authority on taxation,
willnot and cannot be kept. The tax
bill. in its present shape. is no more
satisfactory than it was as it passed
the House and is certain of the OPP
position of some Republican Sena-
tors.
By general consent the tariff bill,
through which the Republicans
were going to restore prosperity at
once, must wait perhaps until the
very last. According to the news
paper recognized here as President
Hardins's mouthpiece, many return
ing Congressman are of the opinion
it ought TO be passed up altogether
or at least until the disarmament
conference is over. This economic
monstrosity, known as the Fordney
Tariff bill. has been riddled by
Hou.e and Senate Republicans as
well us Democrats until it will no
more hold water than a sieve, and
Vet enough blind p9rtisans were
found in the House to pass it. 1t
i not satisfactory to- anyone except
the profteering big manufacturers.
Bankers and other business men op-
pose u and The greatest merchant
perhaps in the world, the head Of
Marshall Field G Co. Chicago. has
shown that the American valua-
ton" clause would destroy what lit
tie foreign trade there is left in
merchandise.
Among the big measures yet to be
acted upon Is the war loan funding
biz introduced by Senator Penrose,
which empowers the Secretary of
the Treasury 10 40 anything he
please5 with the $40, G00,O0o, 1000
foreign loans and to he. the sole
judge of the transactions ne may
enter into in funding the debt. This
as has been pointed out by Senator
Mcclellan ODem., TENN, and Sena-
tor Underwood, the Democratic SEN
ate leader, is an unprecedented and
unwarranted grant of power which
no oIa man ought to have or ought
to he willing to accept. 1t is the
most sinister and dangerous meas
ure ever Introduced in any session
OF Congress and is sure to result in
acrimonious debate. but the Repub-
licans are in an arbitrary stiff-neck-
ed mood and ready and willing to
employ the steam roller whenever
il becomes necessary to override the
minority.
The railroad funding bill, the
Panama tolls bill and the maternity
bin are all measures which await
action and are provocative Of debate.
The separate peace treaty with
Germany, which is sure to create di-
visions in the votes of both parties.
will nave precedence probably, and
T. IS predicted that il will he fought :
as bitterly by the Bitter-enders as ,
was the treaty of Versailles.
In the meantime SIX million per-
sons are idle and the American |
troops are still on the Rhine.
1t would seem, therefore, that ;
we are yet a long ways from nor :
malcy.
tN0 rarty Politics in Disarmament
Senator Uuderwood's appointment
TE a member of the Disarmament
Conference meets with the genera!
approval of the public and of all par /
ties, ~ did the appointment Of Sec ;
Rotary of state Hughes as the rank I
ing member of the American dele
cation.
e There is no more sincere friend
of the main purpose of the confer
ence and of world peace than the ;
Democratic leader OF the Senate,
who has the confidence OF his party
and of the nation. AS an expert on
taxation, and doubtless the best in {
formed and best equipped member
of either House on this subject, he
Necessarily has a keen realization of
the relation between the mainten-
'ance of ornaments and taxitiOn, and
his sound knowledge of national and
international conditions together
with his natural ability and eXDpri-