The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-07-12
WOULD PREVENT
QUICK TAX REDUCTION
Continued from page y

Continued from page y
government now was obliged TO pay
five and three fourths percent inter
est on short time loans and that defi.
mite obligations Of seven and half
billions are TO mature within two years
following
Over burdening Of the treasury ncw
means positive disaster in years before
US he said Modest prudence calls
out in warning"
The world slump" was inevitable
as an aftermath of war, the president
said, adding that the only wa; 10
normally is over the paths nature has
marked throughout all human exper.
ience.'
The executive branch he said, was
driving toward that decreased expendi.
ture which is the most practical az,
surance Of diminished taxation"
! can make you no definite promise
in figures today" he sal1, but
can pledge you a most conscientious
drive 10 reduce government cost by
millions. II would be most discour-
aging to those who are bending their
energies to save millions to have con.
grcss add billions to our branches al
the very beginning.
Even We're there not the threaten
ed paralysis Of our treasury with its
fatal reflexes on ali our activities
which concern our prosperity would
ii not be better to await the settle
ment of our foreign loans"
The president said that, while the
United States participated in one Of
the distributable awards Of the war
the world owes US heavily and will
pay when restoration is wrought"
III the restoration fails, world
bankruptcy attends he said Mr.
Harding said he would not urge re-
commitment Of the compensation bill
to committee if II bore the merest
suggestion OF neglect or hint Of ma
tional ingrautude.
He recapitulated some Of the things
which have been done for the veterans
saying that more than seven hundred
thousand claims had been adjusted
by the war risk insurance bureau 10
July T. at the expenditure of SAT-, ,946,.
762. The work OF the bureau would be
current by July y, he added Nearly
nine hundred thousand applications
Tor medical examination had been re-
ceived, the president continued, ana
less than fourteen thousand awaited
medical action while on July sev.
enth, 26,237 disabled soldiers had been
"hospitalized' % in government hospitals
which contained six thousand unoccu-
pied beds. In addition Mr. Harding
said, more than five hundred millions
of dollars had been paid out in allot-
ments, ana allowances ara nearly
four billions Of government insurance
was in force.
/ The presiden. recalled that when
tie special session was convened, he
| had drawn attention TO urgent meas
ures which demanded consideration.
You promptly provided the emer-
gency tariff and good progress has
been made toward the much-needed
and more deliberate revision Of cur
tariff schedules he said. There is
confessed disappointment that SO little
/ progress has been made in readjust-
ment and reduction Of war time taxes.
I believe you share with me the ear
nest wish for early accomplishment. "
The president said congress would
not sit and ignore other problems OF
legislation. bu; that he had nc, come
to discuss those.
Il want to emphasize the suggestion.
he said. in conclusion, that the accom-
plishment Of the major tasks for
which you are asked 10 sit in extraor.
binary session, will have 4 reassuring
effect on the entire country and speed
our resumption Of normal activities
and the rewards which tend 10 make
4 prosperous and happy people
When President Harding concluded
mis- address Chairman Penrose Of the
finance committee moved that the
bonus bill be re-committed 10 that
committee as urged by the executive.
As result Of the favorable report
last week by County Commissioners
Roy Johnson and Joe Taylor on the
Rebecca Kahn Home on c street
southwest, another party Of county Of
ficlals consisting OF Commissioner Mar
ION Pierce. Assessor John Spears, At
torney Jimmy Mathers, Treasurer
Haynie and County Judge Winfrey
visited the home today at noon ana
promised their hearty support fer i'm
yrovements.
The officials aje lunch at the home
which conflstce entirely Of products
raised on the small two acre truck
arm sluCrut.rg the home. Mrs.
Kahn also showed TEN around the
grounds.
Following the visit made last week
by Commissioners Taylcr and John
son the commi issioners' court approved
Of a slight increase IN appropriations
,or charitable werk during the new
fiscal year just started. Part Of this
vii! be devoted toward several improve
ments OF the Rebecca Kahn Home
il was believed.
a bath tub. gas and water are ur'
gently needed IN old fashioned ect>
tare i, IS at presen; sustained by
voluntary donations Of the merchants,
ana by the small truck farm. Mrs.
Kahn has given her efforts fer six
years building " the home virtually
without compensation, ana 70 n email
degree with her own expenditures
The home Is haven FOR aged ana