Carrizozo outlook. [volume] (Carrizozo, N.M.) 1910-1945, 1921-04-22

hNl'lI'Nl iWtllt
E%Ntrayaoanee Menace to Nation.
one cnnnu be- wmiudful that
economy Us u much cmploycd cry most
frequently stressed loo recollection np
penls bat % is ours 10 make 10 in out
stumbling und ever lmpclliug purpose
% both legislation aud administration
The uurcsttulnpl tendencies To heed
Ices. expenditure aud the attending
growth of public indebtedness. extend
log from fcdrrnl authority to that OF
state aud municipality aud Including
fine smallest political subdivision. con.
stituto the most dangerous phase ~
government today The nation cnnnot
restrain except IN Us " activities.
but II ran be cXemplnr In u wholesome
reversal The staggering load of war
debt must be- cared Tor in orderly fund
lux aud gradual liquidation We shall
hasten the solution ana aid effectively
In llfling the tax burdens II We strike
res0lutely NJ expenditure. II Is FAR
more easily said thnn done.
IN the fever Of war. our oxpendl
lures were ~ little questioned, the
emergency was 50 impclling, approprl.
alton was sO unlmpcded TINT We little
noted millions aud counted the treas.
ury lnexhaustible. II viii strengthen
our resolution " We ever keep In mind
That u continuation Of such n course
means inevitable disaster. our current
expenditures are running ut the rate
Lar t.U.NNs...t. FlA. l.III.... $3.50.
and the burden Is unbenrablc. There
are two agencies to he employed In
correction One IL rigid resistance In
appropriation and the other Is the NJ.
most economy In administration. Let
rs have both. | have nlrcudy charged
department heads with this necessity.
am sure Congress Will agree and
both Congress and the administration
mny safely count ON the support Of all
right minded citizens, because the bur.
den Is theirs. The pressure for OK.
pcnditure. swelling the flow In one Ia.
cnlity while draining another, Is sure
to defeat the Imposing NJ Just burdens
nnd the effect NJ our citizenship pro.
testing outlay will be wholesome and
helpful. ! wish II might find It's re-.
flcX In economy and thrift among the
people themselves. because therein
lies quicker recovery mud added secur.
ity for tile future.
The estimates of receipts and ex.
ucuditurcs and the statements ns tn
the condition of the treasury which the
secretary Of the treasury Is prepared
in present 10 YOU, will Indicate what
revenues must De- provided In order to
carry on the governments business
mud meet lis current requirements and
flN"d-dc c%lurgcs. Unless there are
striking cuts In the important fields
Of expenditure, receipts from Internal
taxes cannot safely be- permitted tn fan
below St,OOO.O OO,OOO in the fiscal year
1917 and lD23. This would mean to.
tai Internal INK collections Of about
one billion less than In 1920 and one
half billion loss than In 1871.
Tax Adjustment Essential.
The most substantial relief from the
tax burden must come for the pres.
cnt from the reimbursement of Internal
tnXos, nnd the revision or repeal Of
those taxes which have become uupro.
durtiyo and are 81 artificial and bur
dcnsomc MS To defeat their own pur.
pose. \ prompt aud thorough going
revision of the Internal tuN laws, made
with due regard a. the protection ut
the revenues, is In my Judgment. u re-.
quisltr To the revival Of business pc'
tiyity In this country. II Is earnestly
hoped, therefore. that the Congress
viii be- able to enact, without delay. "a
revision of the revenue laws and such
emergency tariff measures rs ARE
necessary 10 protect American trade
und industry.
II Is Of less concern whether inter
nal taxation or tariff revision shall
come first lhun has been popularity
Imagined, hpcnusc we must do both,
but the practical course for earliest uc
complishment viii readily suggest it.
self 10 the Congress. We are commit
ted To the repeal of the cNcoss profits
tax and the abolition ur .ncQuitIts
nnd unlustiruhlc cN|i.pyutious loo the
present system
The country 1or- mott expect aul
win mot approve .H'iIiua OFF burdens
II k moro Interested 100 Vipua oui tue
Necessity fof iup'-u- ihom uld clIm
limiting confession 1ud cost iu tly ro.
lection
Emergency Tariff Demanded.
lhc wlyuo lor 1000 instant tur.f'