Five Mile Beach weekly journal., 1923-04-20

=, making dull-F I6uCu SpSCCh. AOW
Admiral Sims.
court, but hat he had not the least
intention of trying to get the United
States into the League of Nations In
this way or any other.
Concerning reduction of income
axe Mr.. Harding agrees with Sec
rotary of the Treasury Mellon that the
present maximum surtax rates are too
high, but he hopes that, if it is found
possible to make reductions, these a
be applied all down the line, so that
the small taxpayer as well as the big
one will benefit. Mr.. Melons recon-
mendation is that the surtaX maximum,
which last year was reduced from 60
to 80 per cent, be further reduced to
% per cent. This, he asserts, would
increase rather than decrease the rev.
enue, as was proved by the results of
the previous reduction of rate. The
increase in income tax collections for
March, 1923, over March, 1922,
amounted to $70,OOO,OOO.
Senator Smoot, who presumably will
be chairman of the senate finance COM
mittee. does not think general revision
of the revenue laws in the next session
of congress will be feasible. He told
the President he believed the present
law would be allowed to demonstrate
it's weakness over a longer period be-
fore an overhauling is undertaken.
president HARDING is still eX-
4 ercised over the public misconcep-
ton of his proposed trip through the
West and to Alaska. He insists that
he would make it as President, and not
as a candidate for denomination that
he plans to address the people on i'm
portant issues and to get in close
touch with their opinions and aspira-
lions, and that he has no thought what
Eve of politics OF candidates.. If he
cannot make the trip in this way n
with this understanding, says the Pres
ident, he will stay at home. He prob
ably will leave Washington about June
20, arriving in Alaska July 10.
Senator Fess of Ohio, in an address
in Chicago last week, declared that
president Harding will be renomi-
mated on his record and will be re-
elected by a handsome majority" The
chief accomplishments of the President
so far he listed as follows:
1. Restored peace, and diplomatic
and trade relations resumed with for
mer enemy countries.
2. Adjusted strained relations grow
ing out of the mandatory features of
the Versailles treaty.
8. Settled foreign controversies with
South and Central America.
A. Reduced national debt nearly
3d. 100000
5. Dispensed with 100000 federal
employees and reduced expenditures.
6. Liberty bonds have peer brought
back to par.
z. Taxes have been reduced.
Among the Democrats a well defined
boom for the nomination of Carter
Glass of Virginia has developed.
San Francisco, which handled so ex-
c~ellently the Democratic national con-
vention Of 1920, is already in the field
to obtain both national conventions of
1924. The Republicans and Democrats
of the city have Joined forces for this
purpose and have pledged a large sum.
TINE Turkish national assembly re-
L Gently ratified a blanket concession
granted to American interests repre-
sented by Admiral Colby NJ. Chester
for the development of almost every
thing worth while in Turkey. This has
aroused the allies, especially Great
Britain and France, to vigorous pro-
test, and when the Lausanne confer
ence is resumed on April % it is be-
lieved they will endeavor to compel
the Turks TO revoke at least some of
the concessions. In Paris it was stated
that a number of the enterprises in
Guided in the Chester grant were made
to others long ago. AS it stands, the
Americans are given a virtual monop-
oily of the development Of natural re
sources and transportation facilities in
the greater part of Asia Minor, and
also the construction of new cities.
They plan to introduce into Turkey
modern office buildings, electric trolley
cars, enamel bathtubs and many other
features of occidental civilization.
DREMIER BONAR LAWS pet tran
= quillity" was given a severe Jolt
last week, and the government was
n1aand in CO ouIyvror1 a nnCtfsNn X1at
there were many predictions of it's fall
in the near future. In an unexpected
division in the house of commons over
a technical question the government
was defeated by a majority of seven
votes, many of its members having
been driven from the by bore
dom over the preceding debate. An