The Alaska daily empire., 1923-04-21
HICKMAN AND GARFIELD MAKE
 PROTESTS AGAINST GRtJUlTED
 SCALE OF TAXES IS PnupOSED
fcontinued lcom rage oae.)

(Continued hrom Page One)
 he said in four years operations. had a net loss of moro than S676,00o. and with taxes. etc, added. Q total loss on its Alaska business for the same period amounting 10 $1,12S,ooo. When it is asserted this corporation is making S2 and $3 per ease on it's pack, it is not true. he claimed. In 1922. the same corporation made a profit of g cents per ease Dividends declared by it, in years when actual operations showed losses, cane from invested insurance tunds accumulated by it over d long period Of time, money which it set aside and invested rather than paying il To private in snrance companies, carrying is own risks. The Fidalgo Island Packing Company, he said. iu 1932 made a profit of 9 cents per ease oa i 9oo0O ease pack
 injure Future Growth
 The injury claimed to result from the passage of the scale proposed would not be confined to the salmon canning industry alone. said MT Heckman. but it would likewise deal a severe blow 10 efforts being made 10 secure capital for other invest 1nenfs. This would be true pafticu larly in the pulp and paper industry which it is hoped to get established in Southeastern Alaska. Put thii fax on the fisheries you hay' got now. and the cry will eo up ina you are taxing industry out Of busl ness" he asserted, adding it would b. q disastrous blow to the Territory.
 He said he was unable 10 see whl the Legislature wanted to take suci a crack at the cannery industry az that proposed" He urged that tht Legislature compile it's budget Of eX penditures for the next two years holding them down to I reasonable limit and then make equitable leyie' on canneries and other industries |, get the necessary funds. He said h. was not objecting to the gradua'e' scale system, but to the rapldity Wit which it graduated.
 Any measure of conservation adopI ed. he said. involving reduction 0 pack, should hit all canners alik, large and small each standing hi proportionate share of the reduction
 Both Mr. Hickman and Mr. Gai field admitted that there is an over fishing of Alaskan waters going or The former suggested definite dat for stopping all fishing operations sufficiently early to permit escape ment of the last of the runs to tn spawning streams, as the most log cal means of preserving the industr,
 Objection to Garfield
 As soon as MT. Garfield began make his statement il was apparen that at least one or two of the men bers were not inclined to receive willingly. In beginning he said h appeared as a representative of tn Seattle Chamber of Gommerc through it's Alaska Department, be ing interrupted al that point by Mi Aldrich, who said "How's that Representing the Seattle chambe of Commerce?" "Yes," replied Mir Garfield, "and as q citizen and tax payer of the Territory of Alaska
 He was then allowed to proceed without further Interruption for seY eral minutes, when Mr. Aldrich aglif interrupted, raising q point of order that MT. Garfield was not speaking tC the question: He said the matter under discussion was fish and MT Garfield was talking about finances he was unable to see any relation'be tween capital and fish. Mr. Cham berlin, before Chairman Ross eoull rule, criticized the attitude of Mir Aldrlch and insisted that the speaker be allowed to continue. Mr. Ross ruled against Mir Aldrich. who short ly after left the hearing, followed a little later by Mr. Wilson.
 Requires, Large Capital
 sFish in the waters, like metals in the earth. or products of the soil are of small economic value unless converted to useful purposes. This conversion creates industry which il turn brings development said Mr Garfield. He described briefly tho growth of the salmon canning in dustry, which has converted fish ti useful purposes and in so doing buil up a business involving q permanen investment of over S65. 100000, em pIoying 15,OO0 people. having a prod net valued annually at S55000, ,00O It requires $25,000,000 annually tC finance this pack and he added frank 1y he had come to Alaska for the pur pose of explaining the financial enC of the situation, to speak for those who furnish the funds and credit composing the amount required tC put up the Alaska salmon pack.
 .'rhis industry can bear reason able and just tax burden such as tha which is levied on it today but i cannot stand any tax which will in crease costs to such an extent as tt affect the market price. rendering the product unstable, or ta, based upon the theory of eonserva tion through confiscation,' he de