Essex County herald. [volume] (Guildhall, Vt.) 1873-1964, 1922-04-06

islation is the first of an ambitious
program of progressive legislation
espoused by women in their new
sphere of political activity.
The Republican Congress enacted a
new taxation measure. This new
measure reduces during the current
year the public tax bill in the sum OF
$818,000,000. 1t increases the exemp
lions allowed the man of moderate in.
come; it repeats the nuisance" taxes !;
all Of the transportation taxes, which
were q heavy burden upon agricultural
and industrial shippers; it repealed
the excess profits tax and reduced and
revised the surtax
In this connection it is interesting
to set down the actual reduction OF
public expenditures which have taken
place since the Republican Party came
into control Of the United States Con.
gress. The operating cost of the
United States Government in the year
1919 was 19,00O000,000 That year
the Republican Congress began to
function, 1t used blue pencil upon
the appropriations asked by the Demo.
cratic administration chiefs The op.
Grating costs Of the Government in
1920 were only S7,500,0O0,000 The Re.
publican Congress continued to econO.
mize, and the cost of running the Gov.
eminent in 1921 was reduced to &c..
500,000,000 Much of this was the
residue of the Democratic administra
ton. BY close cooperation between
the executive departments and the
Congress in 1921, the expenditures OF
the Government for the current yeaI
are to be not in excess of $4,0U0,000,.
600, and economies which have been
put into effect give promise of cutting
this to $500, 100000 In connection
with this, Congress has enacted the
foreign-debt funding law, which au
thOrizes a commission to take imme
date steps to place our loans tc
foreign countries in a collectible shape
so that we may begin to receive the
interest and principal due us anC
thereby still further reduce our do
nestle taxation.
In summing up, IL may be stated
that the Republican Party in March
1921. found the nation with her rela
tons with many foreign countries
strained to almost the breaking point
her fundamental principles under dis
cussion, her historic significance il
question, her population surfeted witt
the profits of war and wild extrava
gance, her industries inflated by over
expansion from war demands, anC
problems of reconstruction compli
Gated and imminent.
Today sees peace again established
with all countries, foreign relations re
sumed with honor to ourselves and
complete justice to others, the fnest
attitude of the world toward our mora
leadership as evinced in the arms con
ference, policy of proper regard fol-
the defenders of the nations rights
an economic administration upon the
bOuDuCSJ DIluClpltS VI tCOuOlll, d It
duction of our public funded debt tc
the amount of $4,000 100000, and re
duction of our floating debt of $500,
100000, reduced taxation of over
three-quarters of billion dollars pei
year, rejuvenated agriculture anC
industrial fabric sorely distressed by
the havoc of war. the prospect Of gen
eral employment of American labor
in American industries, the only coun
try which not only is balancing Its
budget, but has really reduced the wa,
debt, has restored its credit, and dis
plays signs Of promise on all hands o
& resumption again of our happy anC
promising stage which preceded the
Inauguration of the Democratic foible!
Of the new freedom and policies O
suspicion and persecution Of success
such is the achievement Of the frs
wear Of the Republican administration
in control of both the executive ant
legislative branches Of our Govern
ment
But 1t should be noted that all o
this splendid program has been car
ried out in the face Of the nersisten
opposition of the solid Democrat,
Party, which has attempted TO defea
every effort to rchabiltato the nation
and which has opposed every measure
proposed. not because it had anything
to offer IN substitution, but because I