Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1921-06-07

Continued From Page OneJ
waste not be so impatient as to try to
accomplish and secure all needed i'm
proyements now. Some can wait a more
favorable time. We have builded at more
expense and more rapidly In the last two
years than in the whole history OF our
country. Let us be more patient. more
economical, and practice In public life
some Of the self denial that changed con.
diuons have required US to do in private
/ life.
TAXATION ONLY WAY
TO MEET PUBLIC DEBT.
III we spend. We must pay, and the
only way that We can pay public debts
Is with money raised by taxation.
I'VE have just passed through an orgy
OF extravagant public exr nditures &c
| casioned by the unusual conditions i'm
! posed by our entry into the World War.
! Private extravaganza followed in IT'S
wake, undermining the social structure
/ OF our country We are slowly recover
/ ing. Business is being readjusted. Most
/ people are turning conservative and drht-
Ing personal extrayagances This spirit
should control public expenditures until
the vast burden OF debt imposed by our
entry into the war is reduced. But ex-
penses as they are must be met, and In
raising this money through taxation.
Justice demands that the burden be
| equitably and fairly distr' butedr
! In replying to the argument made By
Mr.. Wolcott. Mr.. Bowling said Mr.. VOL
colt had attempted TO point out why
classification for taxation is cure-all
for all tax ills.
1t Is not the possible change in the
tax system but the certain change In the
system that we fear" he said
He pointed out that the resolution for n
( taxation amendment as introduced In
/ 1919 carried a title which stated the pur-
pose was to provide for the classification
Of property, while the resolution as adopt
ed in 1921 had nothing to say concerning
! classification
This apparently means that the hands
Of the Legislature are united" ne saif
I'm other words. II is not the possible
radical change. 1t is the certain radical
change.
ASKS QUESTION
ANSWERS 1T.
do yon suppose FOR one instant that
the Legislature win re-enact what we
have todayt No man believes that will
be the outcome Of the next session of the
| Legislature The members will say they
are commanded by this amendment TO
enact something different
''Those who favor the amendment
answer that we should trust with child
like confidence to the wisdom and dis
erection Of the Legislature. But often
legislative wisdom is legislative folly
and legislative discretion Is legislative
indiscretion."
He declared that other amendments at
tempt to curb the power of the Legisla-
ture concerning appropriation bills and
concerning salary increases and extern
sions of terms Of Office but that at the
same time the same persons who favor
these amendments favor giving the as
sembly a free hand in matters Of taxa
ton.
"Why didn't they strike out the taxa
ton section altogether" Mr.. Bowling
demanded "They didn't trust the Legis-
lature that far. They provided that II
must enact some system of taxation. Can
we trust the Legislature to make wise
classifcatOns when again and again the
Supreme Court has been called on to
strike down classifcations made by the
Legislature?''
TELLS OF SIMILAR
ACTION IN KENTUCKY.
Mr.. Huffaker whose talk opened the
afternoon session, told of the operation
of similar amendments in Kentucky and
spoke of them as highly successful in
obtaining a fairer system of taxation
and in bringing out taxable property.
'"Taken all in all. Kentucky is proud
of her system of taxation, is pleased to
promote integrity among the citizens and
taxpayers to encourage thrift and wealth
and promote manufacturing" he said.
"She is pleased to invite business within
her borders with feeling that only fair,
just and reasonable taxes will be i'm
posed.
II can wish Indiana. no better for
tune that to secure n tax law as salts
factory and equitable as Kentucky now
enjoys"
The talk of Mr.. Lyons had to do en-
tirely with the operation of the income
tax system in the State Of Wisconsin.
He explained this system in detail and
spoke of it as highly successful.
The set talks were followed by general
discussion of the questions brought up
aby the proposed amendments. In the
audience were the members of the tax
board, members Of the Legislature.
former Governor James p Goodrich and
many others Of prominence