The St. Joseph observer. [volume] (St. Joseph, Mo.) 1906-1932, 1922-10-28
ALREADY HARASSING
THE PRESIDENT
Continued from Page one)


! Cumber law has placed on the backs
Of the people would be a risky move
for the Republicans with the congress
sional elections so near.
Increases in the tariff will be made
without any public hearing or other
/ publicity. The applicants may pre-
sent their demands without fear that
objcctors will have a chance to pre-
vent the increase. Senator Reed Of
Missouri and other Democrats at
tempted to amend the bill so as to
require public hearings on applica-
/ tions For increases in the tariff duties,
but the Republicans Of the senate de-
featcd IT,
1t is stated that "at present II is the
policy Of the CTariff) Commission to
withhold information as to the num-
Der and nature of the applications.
but It is understood they have been
received from various interests"
The only notice the public will get
apparently, is the notice to pay the
higher rate.
Mulu-MiIllonaircs Escaping Taxation
Gigantic corporations and immense
ly rich individuals are favored by the
present Republican tax laws and by
the Republican officials who admin
lister them, according to Representa-
tive Frcar, Republican member Of
the Weys and Means committee Of
the House The secrecy which sur
rounds the returns of big corporations
and millionalrcs prevents the disclos-
urc of Just how much the treasury is
losing through the evasion Of taxes
by the bilionalres, Representative
Froar says.
Democrats charged at the time the
Republican Congress was revising the
tax laws that the changes were de-
signed to favor the rich and powerful
and opposed the reduction of the high
surfaces and the repeal Of the excess
profits taxes. Now Republican
member Of the present Congress re-
amendment Of the law.
Representative Frear directs atten-
tion to the methods by which the
Standard oil Company and other biz
corporations circumvent the law by
declaring stock dividends to dispose
Of their swollen surpluses and save
| their stockholders from taxation.
THE administration Of the law lies
with Secretary Mellon, whose absolute
| honesty is not questioned in following
the strict letter OF the law" Repre-
| sentative Frc0r said. "But Mr.. Mel
| lon is computed to be worth $780,
100000 which, II reasonably accurate
| should yield an income of about S15,-
100000 or more annually, while his
daily income of $4,000 is several
times his annual salary as secretary
| Of the treasury.
Whether Mr. Mellon avails himself
| Of the same avenues of income taS
escape as Mr.. Rockefeller is only
known to the secretary Of the treas.
| ury, who has the records, and what Is
true Of Mr.. Rockefeller and Secretary
Mellon is equally true of many of the
1 10000 individual income taxpayers
whose incomes are supposed to ruI
from $4,000 to 100000 each, if cor
rect reports are to be had.
"It is possible that a disclosure o
secret tax reports held by the treasur!
department will show that 100000,
900 end possibly several times 5000,
600. 600 Is being lost annually through
tax free securities, stock dividend
and other escape sluiceways known T.
| large taxpayers that should be col
| locted."
PyramidCG on Your Suit of Clothes
Ry process Of pyramiding charge
and profits, the duty OF 81 cents
secured pound imposed by the Ford
ney- y-McCumbor proflteers' TARIFF law
being increased by 200 per cent be
tween the time the raw material leave
tho producer and the finished produC
reaches the consumer.
An illustration OF this multlplyln
Of costs and profits is furnished in tn
case Of wool that goes into the mai
ing Of a mans ordinary suit {
clothes. About four pounds Of wo,
, are required for suit OF mediul
weight, such as would be appropriat
for autumn or spring.
The table subjolned illustrates no
this duty. pyramidod along wit
charges Of the brokers, dealers, spil
ncrs, manufacturers and retailer