Evening star., 1923-07-22
BY WILL T.. KENNEDY.

ID EAhnzINe ,,a;,nxe,,an that soldiers bonus.
and taxation will inevitably
come up for Legislative ac-
ton in the coming Congress, Amer
| lean Industry, as an organization. is
now actively engaged in seeing that
! public opinion on these subjects,
which is now forming in the COM
munities throughout the country.
gives dues consideration to industry's
! arguments on these questions.
| This nation wide campaign to di-
rect public opinion is being con-
Quoted by the national industrial
council. which was formerly the ma
| tional council for Industrial defense,
anu which is a federation of more
than 800 associations of manufac-
| turers and employers, both local,
state and national in character. 1t
/ is the Organization" side Of the
| National Association Of Manufacture
! erS, who pay about hree-fourths of
| all federal taxes. On national mat
! ters it is the recognized medium for
| expression of the choice of Amer
lean industry, particularly as regards
| legislation.
See Good Opening.
| can industry is simply this: That
now thousands of individual manu-
facturers and employers have an un-
usual opportunity to discuss these
subjects Of prospective legislation
with their representatives and to
| make them topics for popular con-
sideration in various forms, during
the period of growing opinion
1t is felt by those directing the
campaign that now is the time when
constituencies are open to argument
while by December when Congress
assemblies many loose views will have
crystalized into Judgments The time
| for correcting defects of reasoning is
here, they say
What is the attitude of American
industry on soldiers bonus?
Fear Heavier Taxes.
| The argument Is that this proposal
| i'll whatever form presented, requires
either an expenditure Of cash or an
/ extension of public credit estimated.
according to the character of the pro
+, posal, to involve from a billion and
a half to more than four billions
! either in some negotiable credit or
! extended time payments.
In either event, IL vastly increases
| the existing tax burden at q time
| when the present burdens in the
4 aftermath of war are consuming one
| sixth of the national net income and
! exhibiting, according to the most
| competent authorities, a national def
I icit of about two billions in the re-
! quirements for new capital to meet
! the demands of reproductive indus
| try to provide requirements to main
| tain the integrity of the economic
/ structure.
Unless these requirements are met
i new opportunities for employment
! cannot be created and the mainte-
| nance of existing facilities and op-
/ portunties are imperiled The man
| who supports the bonus as proposed
! risks permanent loss for small and
! questiona BILE temporary gain. those
! who are directing the manufacturers
1 campaign advise.
| Views on immigration.
What is the attitude of American
| industry on immigration?
An attempt Will undoubtedly be
| made to cut the present drastic 8
per cent quota law to per cent. Al
the present time the evidence accum-
| ulates that the projected construc-
| ton program, transportation devel-
| opment and the many industrial eX-
pansons have been seriously restrict
| ed by the labor shortage.
! On the other hand, the quotas of
, northern and western European coun-
| tries have for the first time been
agriculture have exhibited an easy
! capacity 10 absorb the permissible
!, immigration.
The permissible immigration under
! the per cent quotas. if all We're
! exhausted, would permit the entrance
| of about $4,000 persons annually.
| Allowing for aged members of fam
lilies, the young and the preponder-
! ance of females, the net male immi-
| grafton is comparatively small: and
this, in turn, is Influenced by an al
| ways-existing immigration.
| ISIon
| If the present policy is to be car
ried forward, then, in the transition
! from continuing reliance upon inn
migration to supplement the native