Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1922-06-02
Eth, CARY WANTS
U. S. SALES TAX
President of American Steel
Institute Would Kill the
income Tax.
WANTS THE BONUS SHELvED
Urges Congress to Take Tariff Out of
Business and Play Mo Favorites
in It's Tendency to Regu-
late Things.


New York, May 29.-Elbert Il. Gary,
in his address as president of the
American Iron and Steel institute, in
session g Hotel Commodore, adyo-
Gated that congress take the tariff out
of business; that it play no fayorites
in its tendency to regulate things;
that it substitute a sales tax for the
income tax, and that it forget the sol
der bonus bill until the nation is less
severely burdened financially.
AS for the business future of Amer
lea, Mr. Gary declared himself as still
an optimist." In the iron and steel
industry, he said, the profits are not
satisfactory, but few, if any, ought to
be doing business at a loss.
PITY the blind, deaf and foolish
pessimist of the United States" he
adjured members of the institute.
In a remark which he said was in
serted "as tone of consolation and
hope" the steel magnate asserted,
congressman are like the ordinary
run Of ndiyiduals-most Of them hon
est and well intentioned, but a few
are possessed of less merit.
1--WE have not, | think, passed en-
tirely from under the clouds Of adj
versity," he said. Certainly we are
carrying hitherto unheard of heavy
governmental financial burdens. At
best these will not soon be fully dis
charged. To bear them gracefully
and consistently there must be not
only forbearance, encouragement and
assistance from every department Of
government up to the limit of pro-
priety and justice, but there must also
be entertained by every individual,
consistently and constantly, a spirit of
patience, pluck, energy, generosity,
loyalty and charity fully up to his or
her intelligence"
The tariff question, he declared,
should be delegated for investigation
to "a committee of well-paid, high
minded intelligent, competent and nor
partisan appointees, authorized to as
certain and communicate the facts and
figures.
'As between parties the main differ
ence, as I see. it, is that the Republican
party has stood for protective tariff
and the Democratic party for tariff
for revenue. The settlement of this
controversy should include BOTH"
In a plea for impartial government
control, where it is undertaken, he in
sisted that call lines and departments
OF economic activity of similar inn
y,Or4oy,oo cbo,7l1 ho es,,l,ioo+od 70 +Ja
same treatment. There has been a
disposition in recent years." he de-
iclared ito pass laws which measur-
ably exempt labor organizations, and
recently farmer associations, from
governmental Investigations, super
vision and control against wrong"
To permit such organizations to do,
as the result of combination, things
that are claimed to be beneficial to
item which are denied to others is
to create classes, to favor some and
to injure the whole body polite, the
steel magnate declared.
1.-THE bonus question" he declared,
Even though there may be two sides
to the question as to whether or not
a soldier who has escaped disability,
physical and mental, should be paid,
or ask payment of, bonus, it would
not be useful for US to consider or
form opinions on the question at pres
ent.
There has been considerable propa-
ganda in behalf of the proposal" he
continued. Personalities and vituper-
alive comment have been INDUCED in.
Prejudices have been created. Because
of this situation feeling of unrest
and resentment has arisen, and the
effect upon the natural progress of
efforts to return to the normal condi-
tions of peace and industry has been
depressing.
Former soldiers, like all others,
need opportunity TO. work, and con-
tinuously to furnish this chance,
courage and capital should be given
to industry. The load of taxation
ought to be lightened, not increased.
Enterprise has staggered under this
burden. 1t would not be difficult to
break its back.
"These are not idle words. They
are solemn warning, not only to sol
diers but to everyone who is at pres
ent asking what is neither reasonable
nor patriotic"
OF taxation he said: "The fafrest
method is found in the sales tax, so
called. 1t is the most easily cheaply
and certainly collected. 1t has been
found in other countries to be practi-
cable, satisfactory and successful"