Polk County news. [volume] (Benton, Tenn.) 191?-1983, 1921-04-14

emergency tariff bin. The effort vii
be To benefit the farmer. Whether III,
efIort Will be successful or not. no
body knows. but in general way Il
can be said that the intention OF ths
directors of legislation seems to bG
good.
1t is certain that. If Imnigret tlor
Commissioner Husbands plan OF dl
recting the steps of agricultural i'm
migrants into the country where they
shall become prosperous producers Ia
successful, there win be rejoicing In
some of the big cities of the land.
Finance Comes First.
President Harding, following his
legislative conference with Republic
an leaders in house and senate
seems to have agreed with the ma
jority of them that the financial prob
lens of government, taxation and
other kindred matters possibly may
have TO be given priority at the ex-
ira session over general tariff bill
This would mean probably that Gus
toms legislation may not be given
consideration until congress has been
in session for some weeks except, of
course, the so-called farmers emer-
gency tariff.
If one should attempt TO write Of
all the financial problems whidh con-
front the government he would need
paper enough to threaten the life OF
existing spruce forests. Their name
Of comparison in this particular case.
When one uses the word taxes"
however, he puts a labeled blanket
over the whole field.
Ordinarily finance is a subject de-
void of lights. 1t is a gloomy thing, |
yet there are certain things which give |
one feature of the present tax situa-
tion a broad interest and throws a |
light on the desires of the multitude |
of the people of the United States.
One has only to enter the office of
proper inquiry, to learn that appar-
emily hundreds of thousands of Amer
ican citizens of moderate means are
wondering if there is not some way
to remove from the field Of the in
come tax levy the earners OF small
salaries and small wages. There
seems 10 be general belief through
ont the United States that tEE income Il
tax is perfectly proper method of
raising money because it hits nearly
all people alike, and vet the appeal
is that the lower limits Of
led men may have more than $1,000
and that single men and
women can have the exemption of
Il 900 raised to what one of them has
.alled the sanity point
From what me hears here it seems 6
possible and perhaps probable that
N attempt will be made in congress
o raise the exemption limits for per- $
Ons of small incomes. AS things are i
oday young man or young woman
laking 81 200 year must pay an In
ONE tax. !
Watch Foreign Policy. v
Ambassadors of foreign countries to I
lie United States are taking a
cen interest today in the forthcom- II
lg announcement OF foreign policy
Y the new administration. Ii seems n
} be taken for granted by most
the foreigners that one Of the acts D
the congress at the extra session b
1oner or later will be to pass the II
nox resolution declaring that state
peace exists between the United
tates and Germany. S;
The French embassy, naturally per- II
ips, is showing evidences of the
eenest interest in the forthcoming y
reign policy. Prior to this time the a
lestion of ar addition to the Knox "
nendment has been discussed and VI
was said that there was a chance
at the addition would be accepted lc
, the framer of the resolution and a
: the senate Of the United States.
seems today as If France desires :"
it'll its whole heart that this addi- W
IN to the resolution shall be includ-
IA thN > VI
tion.
1t was said in writing on this mat
r recently that "the hope of some of
e senators Is that the President will
commend the coupling up with the W
10Y luton of paragraph which
II France new evidence OF
T. hip for that country. What
aln ants probably and what some in
the senators want is that to the
lox resolution shall be added the
tement that the United States will
t look unmoved on threatened or
.ual aggression on the part of any in
ropean power against the pence Of
e of Its neighbors.
)f course this addition TO the Knox
olutlon would cover the French r.,
;e, and would give the French to un-
stand that II rejuvenated and
,ressive mlltarlstic Germany ever
,uld try TO put into effect another
n of invasion. the United States tra
uld do something more than sym lei
hlze with the sister republic across