The Sisseton weekly standard. (Sisseton, Roberts County, S.D.) 1892-1929, 1921-08-26

pointing out that the actual money
paid out for July was $55, 900, 900
more than for the same month a year
ago, added that eff expenditures are
to continue at anything like these
rates, the estimates will be greatly
exceeded. In view of these strong
statments his sudden drastic reduc-
tion-evidently made under presi-
doubt upon the accuracy of his 'sre-
vised estimate" Secretary MELONS
revised figures" depend largely up
on the salvage Of war materials, col
lection of back taxes and increased
revenue from the tariff. In the opin-
ion OF experts none of these sources
will yield anything like the revenue
Mellon estimated in his "revised" re-
port, and, IL this be true, there will
be a deficiency of several hundred
million dollars at the end of the
year which will have to be met by
borrowing.
Republicans expect such Ia def
cheney. as a matter of fact, for the
revenue bill itself contains a clause
allowing the Secretary of the Treas
ury to issue $50O,OO0, 900 addition
al certificates of indebtedness which
will be needed before the end of the
yea tomeet the shortage due to s'tax
reductions" But few persons will be
aware Of this, and, in the meantime
the Administration will claim credit
for lowering taxes, when, 1t actually
Is increasing the public debt and de-
liberately decefving the people.
nvo RsmnnNaran Tl,HAnfSar1
The United States Chemical
tie syndicate which purchased at a
forced sale the patents seized from
German manufacturers under the
alien custodian act. Frank Garvin,
alien custodian, and four of his as
sistants, are members Of the syndi-
cate which purchased these patents
Tat ridiculously low sum. The whole
proceeding was questionable and
fought to call for q congressional in
vestigation, but instead of that the
Chemical Foundation, not satisfied
with the excessive duties of the Ford
ney tariff bill, is asking for an en-
barge on all foreign dye stuffs. This
would give the Chemical Foundation
an absolute monopoly and allow 1t
ito charge American consumers ex-
orbitant prices for inferior goods.
This outrageous proposal was voted
down by the House of Representa-
tives, many Republicans Joining the
Democratic opposition, but President
Harding recently wrote Nicholas
Longworth urging that the dye en-
barge clause be reinserted in the
tariff bill which is being rewritten
by the Senate finance committee.
Thanks largely to the energetic eff
forts may be made by the Admins
tration to put 1t through.
Gag Rule In Fail Relief
Representatives of labor organi-
cation were prevented from testify
ing before the Senate interstate
commerce committee on the Town
send bill which allows the Railroad
administration to sell $500. 900
Iof government securities and ST.
900 100000 of rail road securities
to be turned over to the transporta-
tion companies. The railroad cOrpor-
ations were given two months in
which to present evidence showing
that they needed relief, but when or
ganized labor came to oppose this
plan to pay out enormous sums to
the carriers, Senators Watson of In
diana and Kellogg of Minnesota en-
gineered bold coupe which abrupt
ly closed the hearings. The railroad
brotherhoods intended to prove that
the railroads had squandered mil
lions of dollars through repair COM
panies in which railroad officials
were interested and they also intend
ed to show the hollowness of some
Iof the preposterous claims made by
the railroads against the government.
William H. Johnston. president, of
the International Association of
as ''un-American, tyranical and auto
cratic" and added that "this is only
one more evidence of railroad own-
ership Of government as contrasted
with our demand for public owner
|ship of railroads" The Townsend
bill will be reported favorably. but
Senator LaFollette has announced he
will fillibuster. II necessary, to beat
lit and the Administration is expect
ed to let it go over until after the re-
cess, although this bit Of high financ-
ing is Hhrding's ace card in his long
overdue ssreturn to n0rmalcy."
New Farm Bloc Formed
Seventeen Republican senator's
from western agricultural states have
formed a new Farmers bloc" The
new bloc will fight for adequate tar
III protection for farm products. Each
senator will list the farm products
from his state which he thinks re-
lquire protection, with the tariff ak
pected. and this will be scaled down
Iby an executive committee. When def
mite schedules areagreed upon. all
members Of the bloc are pledged to
stand together. Snator Ladd is q
member Of the bloc. but Senator's
McCumber Of North Dakota and Kel.
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