The Bamberg herald. [volume] (Bamberg, S.C.) 1891-1972, 1922-09-28
Byrnes Exposes
G. O. P. Argument

contains a statement inserted by
Representative Byrnes, comparing ap-
propriations by the Republican and
Democratic administrations and COM
menting upon the presidents state
ment that the treasury faced deficit.
The statement, which will be used by
the Democratic national committee,
in addition to the comparison OF ap-
preparations, declares:
"The president in his message Veto
ing the bonus bill informed the coun-
try that if no additional appropria-
tions were authorized, the treasury
faced a deficit for the year 1922, of
S65O,O0O, 1000. This statement con-
firms the estimates repeatedly made
by Democratic members of the appro-
priations committee familiar with
the commitments Of the government,
and proves the, utter unreliability OF
the statements so-frequently issued
by Republican congressional leaders
claiming great reduction in expend1-
lures. With the measures now pend
ing and certain of passage, providing
additional appropriations, it is GER
tain that the deficit which the presi-
dent states now amounts to $780,
900 900 will be increased to at least
ss50,O00, 200, the largest deficit ever
incurred by the treasury in time of
peace.
Expense. Not Balanced.
s'The presidents statement annihil-
ates the leaders Of his party in con-
gress who have been. declaring that
the government has been balanced,
and it is certain the government
must continue to borrow to meet the
ordinary expenses Of the government.
ssThe Democratic party has con-
tended that the receipts and expendi-
lures should be balanced by reducing
expenditures, not by increasing taxa
ION. But if this congress in its ex-
travagance was determined to au-
thorize these huge expenditures it
should have provided the revenue
with which to meet the expenditures.
In vetoing the bonus bill the presi-
dent insisted that the congress not
appropriate for other purposes, $780,
600, 900 more than the total receipts
Of the government.
while authorizing these expendi-
lures resulting in treasury deficit,
congress repealed the excess profits
tax from which source S450,000,000
year was received; reduced the sur
taxes on the higher incomes and re-
pealed the taxes on many special in
terests. For Instance the manufac-
turers tax upon chewing gum was one
of the taxes absorbed by the manu-
facturer and not passed on the con-
! sumer. Among those upon whom it
was levied was the Wrigley Chewing
Gum company. For the year 1920
the report of the commissioner Of in
ternal revenue shows there was COL
lected in Illinois .s561,772 from
manufacturers Of chewing gum.
Wrigley is the one large manufacture
er in the state. In the last campaign
he was a large contributor to the Re-
publican campaign fund. 1t was a
splendid investment for him. In the
face of a deficit in the treasury, the
congress repealed the tax upon chew
ing gum. OF the total paid in Illinois
it is fair to assume Wrigley paid al
most half million dollars. The re-
peal of this tax saved him that
amount tt is not surprising that he
recently announced that he was sub
scribing $4,000 to the Republican
campaign fund: and would subscribe
another SIS, 900 if needed. He ought
|, to give more, and probably will.
An Extra Session.
i ''The announcement is made that
3congress will be called in extra ses-
kion Immediately after the election to
pass bill granting bonus or subsi-
y to the shipowners, bill which
ould not be passed prior to the elec-
lon. Consideration was postponed
ecause of the disclosure that the ad-
Illustration had announced a new
B6.icy-That the Constitution Fol
low the Flag-to the Three-mile Linn
it only. That beyond that limit, the
government through the United
States shipping board would engage
in the whiskey business on ships fly
ing the flag of the United States
Postponement was wise. The Ameri'