The Holly chieftain., 1922-03-09

failure and dangerous breeder Of dis
content and contempt for law, and
which concludes:
I'VE urge that all citizens In every
walk of life demand from their repre-
sentatives and senators In Washington
immediate relief from the unwarranted
restriction continued In the Volstead
act: and we likewise suggest to the
citizenship Of our country the wisdom
and advisability of bearing in mind
the attitude toward this Issue Of office
holders and aspirants to office in COM
Ing elections In order that there may
be restored to the people the lawful
use Of wholesome beer and light wines,
which, under the provisions Of the
eighteenth amendment can and should
be rightfully declared as non-into1icat-
ing beverages"
The executive council asserts 1t
holds "that the eighteenth amendment
under reasonable and proper legis-
lativs Interpretation would be benefi-
cial to our country and would have the
support Of the great majority Of our
people," But the council says an ex-
haustive investigation which 1t has
conducted shows these effects of the
Volstead act:
II. A general disregard of the law
among all classes, including those who
made the law.
so. Creation Of thousands Of moon
sinners.
80. Creation of an army Of bootleg
gers.
"a. An amazing increase In the traf-
fic In poisons and deadly concoctions
and drugs.
49, An increased rate Of insanity.
blindness, and crime among the users
of these concoctions and drugs.
&c. Increase in unemployment, due
to losses Of employment by workers In
forty-five industries directly or indi-
rectly connected with the manufacture
OF liquors.
~. Increase In taxes to city, state.
md national governments amounting
to approximately $1,OOo,OoO,00O per
year."
D EPUBLICAN members Of the house
N ways and means committee hav-
ing rejected the sales tax plan for f.
nnncing the soldiers bonus, the COM
mittee went on trying to devise other
schemes, with the alternative of adopt
ing bill that contains no financing
feature. A subcommittee suggested one
plan which would not involve heavy
drain on the treasury during the next
two years. This contemplates the elm
iEation of cash bonus. Adjusted
service certificates would be issued
equal to the sum of the adjusted serv-
Ice pay Of the veteran Isl day for
domestic service and S1.25 q day for
foreign service, less the $50 bonus paid
at the time of discharge), increased by
40 per cent. plus interest thereon for
twenty years Mt the rate Of an per
cent year, compounded annually. The
total face value thus would be ap-
proxlmately 3.3S times the amount Of
cash that veteran would have re
ceived under the cash feature.
Immediately after the certificate
was received the service man could
obtain from a bank an amount equal
to so per cent OF the total of the ad-
justed service pay. If at the expira-
tion Of three years the sum thus OBJ
tained, plus Interest. had not been
paid by the service man, the bank
could make demand on the federal
treasury for the amount due. The gov
ernment thus would take over and
carry the loan.
Some members feared the borrow
ings under this plan might affect the
financial situation harmfully, so treas
ury experts were called In to advise
the committee on that and other
points. If the scheme is feasible and
goes through the government would
not have to pay any cash for two or
three years except for administrative
purposes.
THE house appropriations commit.
L tee gave the navy another severe
jolt last week, reducing the deficiency
item for naval fuel for the remainder
Of the fiscal year to $4,000. .0OO-little
more than half what the navy depart
ment estimated was needed. 1t was
predicted that Secretary DENLY would
be forced to issue orders forbidding all
naval ships to operate under steam for
the rest of the year. This would mean
that the vessels must remain Mt anchor
O. tied up at docks, and that all traiu-
ing for war service must be discon.
tinued.
Secretary DENLY, Rear Admiral VII.
son. superintendent Of the naval acad
emy, and Rear Admiral Washington