The Hartford herald. [volume] (Hartford, Ky.) 1875-1926, 1921-08-10
WASHINGTON
Especial Correspondence

Especial Correspondence
Washington, d. c., Aug. 6.-With
President Harding on vacation af-
ter five months of strenuous horse
back riding in the morning. golf in
the afternoon and. week-ends on the
Mayfower, and Laddie Boy in tenn
porary eclipse, "Uncle Joe" Fordney
chairman Of the Ways and Means
Committee of the House, is furnish
ing the principal summer diversion
in the Capital making tax revision
bill.
Out of a truly wonderful bag Of
tricks Chairman Fordney has Just
produced one so unique and ingenu-
Gus as to arouse the envy Of other
Republican statesmen engaged in
the diverting act described by Con-
gresham Mann (Rep., Ill., as
"fooling the people"
Chairman Fordney, in other words,
proposes to reduce internal taxes,
although by reduction they would
not furnish enough reyenue to meet
estimated Government expenditures,
thus creating a deficit which could
be tided over, he says, by temporary
loans, and be taken care of next
year. He thinks, too, that this
would prevent demands for funds
from the departments and hold Con-
gress down in appropriations.
In other words, to make a show
of economy now he would postpone
for a year the collection of the
revenue he knows is needed, piling
up an Indebtedness and borrowing
money to pay it.
1t may be inferred, of course, that
this will fool a lot of people.
More Taxes For the Average Man
1t would be idle to discuss the
Tax Revision bill at this time be-
yond the general trend of effort to
shift some of the taxes from the
very rich to the shoulders of others,
because the Tax Revision bill will
not be reported before the last week
in August or the first os September,
based on statements OF its farmers.
At this writing it seems highly
probable that the promise of tax
reduction made so freely by Mr..
Harding and other Republican spokes
men in the last campaign will apply
only to persons whose incomes are
in the millions or whose profits are
so much in excess of normal as to
be monopolistic. Other probabili-
ties are an automobile fiat tax of ten
dollars. three-cent letter postage and
heavily increased taxes on tobacco.
The one certainty of the bill is that
the average man will pay more and
the favored few will pay less.
Senator Nelson Compares Fordney
Tariff Bill To "A Kicking Cum
Disapproval of the Forney Tariff
bill was voiced by Senator Nelson
(Rep., Mimi along the same line
of Democratic opposition that in
order to buy our goods Europe must
have chance to sell her own.
Among other things the veteran Re-
publican chairman of the Senate Jul
J;o;or,- Cop,m;ttaa eaid.
1--WE are anxious to build up trade
and commerce with Europe. We are
all anxious to have market for our
products, and to get paid for those
products either in cash or in valid
securities. But, Mr.. President, here
is one question that stares me in the
face: With those devastated coun-
tries of Europe rendered almost
helpless by the Great War, finan-
cially embarrassed, and seeking
gradually to rehabilitate them
selves, how can we hope that those
people will have any money to buy
our goods unless we give them a
little chance to sell their own prod
ucts in this country? To my mind,
there never was more critical time
for preparing tariff bill in this
country than there is now.
"Since the days of the Civil War
economic and financial conditions in
Europe never have been as they are
today; and if you proceed with a
tariff bill along the old lines, as the
situation was when everything was
booming and in good order in Eu-
rope. fear it will be like kicking
gun.
Therefore, in view Of these facts,
I think the Committee on Finance,
in framing the tariff bill, ought to
take into consideration the question |
I have in this brief manner suggest
ed. | think il is very important that