The Arvada enterprise., 1922-12-14

ammer murderer. who sawed her way
mittee the President said this provisioa
would jeoparSiixe the entire program
for aiding the merchant marine because
banking interests would not finance
shipping companies under such c0ndl-
tons. He declared he would rather
have the measure fail entirely than
for congress- to pass 4 bill (which will
bring " to extreme disappointment be-
cause we have entered upon q program
In half-hearted and rather lndlfSer-
ent way."
ported the Madden amendment. 70 4
compromise was suggested elimlnat-
Ing the annual appropriation require
ment but providing that no increases
In the specified rate Of compensation
shall be made without the authorisa-
ti0n Of congress.
A TTORNEY GENERAL DAUGH-
"A ERTY il getting "fed up with
the cootlnuai attacks made Sn him
and his oficial acts and In his answer
to the fourteen specifications Aled
With the house committee judiciary
committee In support Of the resolu.
tion proposing his impeachment he
uses Vigorous language. He denies
seriatim every ope Of the charges e
failure OF refusal to enforce antitrust
and other laws, Of unwarranted excr-
-cisa Of clenency IN the cases Of infu-
ential offenders, Of neglect to prose-
cute war proateers and of unconstitu-
tionai and unjust procedure In the
railroad injunction case.
Mr.. Daugherty says In bis reply:
'sThs attorney general cannot escape
the, csaciusion that the sole object aud
purpose OF this proceeding Il not to re-
move him from once. but II In the mn.
ture of an attempt e. to compel
the Publication and the disclosure IN
advance Of the evidence upon which
the government relies, and must rely.
In the investigation and prosecutor
Of Important cases"
THE administration 10 out 10 the
1 open to fight several items In the
program adopted BY the recent csacus
Of so-called progressives Ut the ssaats
and house. For instance. President
Harding hes let II b known that he 10
opp0ssd to thu suggested constitutional
amendment providing for the direct
election Of president and vice prsss.
dent and for converting . new coa,-
gress Immediately after election. He
thinks the Constitution should not ~
coatinually tampercd with.
Secretary Of the Treasury Neslon
w1s reused By the charges. made By
Governor Blaine Of Wisconsin at the
progressive meeting. that he was pro-
tecting rich tax dodgers and permit.
ting huge 'corpeestlg6 surpluses to q.
cape taxation. Denounclnx this a. "aa'
appeal to class prejudice In q selfish
effort to obtain some political cap
,itsl," the secretary declnred that In
come taxes are belng assessed to the
full extent permitted BY law. and that
-if the ynvcsnmesse. 10 to 70 further In
that line. congress must enact new
legislation.
IN HIS annual report Secretary Mel.
-A.tnn Weom0endA among othse
ehanges;. -. y
Reductlo6 In maximum surtax rates.
which now reach 10 per cent. to not
more than - per cept. .p.
Placing Of limitation upon the
amount II capital losses which may
he applied ~ deduction from net
income In computing taAe~. ~ t-.-
Limitation Of cases In which secur>
tiles may he exchanged for other
securities without the realization Of
taxable income to those cnses where
the exchange has a connection with
the nsOlidation or merger Of two
or more corporations.
A. for general conditions. the secre.
tnry says the volume Of busineas has
becn mounting to higher levels. Labor
throughout the country Ia ngain fully
employed, and the severe depression In
agriculture has been relieved. Bank.
ing conditions generally are sound. he
says. money rates are reasonable, and
there Ia sufficient credit available to
meet all legitimate demands. W
|COAL operators from fourteen states
~ and representatives Of the mine
workers Inst week held their second
futile conference In Chicago and al.
journed 10 January 3. They were
quite unable to come to an agreement
ON u wage scale and working conditions
and many Of them admitted that only
government intervention viii praveal
ssethes strike b the spsinS.