New Britain herald., 1923-12-12
'ADOO RIPS OPEN
 COOLIDGE'S ADDRESS
(Continued from First Page)

country fayors tax reduction. The tal., TOT IL ailce the signing of the armistice, and should cooperate without regard to partisan considera- tions, in any effort to ease the tax burden. This effort should be direct ed, not alone to a reduction in the gross sum of taxation. but to an equitable distribution of the burden The presidents endorsement of the proposal to put a lighter tax on earned incomes, namely those pro- duced by the sweat of the brow and the toll of the brain. than upon un- earned incomes, namely those which come from investments in commend able. This proposition was first made by the democratic secretary of the treasury in 1918 and was offered in 1921 as an amendment to the revenue bill by Senator Harris of Georgia. It was defeated by vote of 36 repub- as stated by Senator Penrose, then chairman of the finance committee of the senate, that:
 What Causes Change?
 "'The question of earned and un- earned incomes was most exhaustive ly considered by the committee. by the senate and by the treasury de- partment, and the opinion was nearly unanimous that any such provision was impossible of administration
 What has produced this extraor- dinary reversal of opinion on the part of the treasury department and the administration if this provision was nearly impossible of admnistra- tion in 1921, why is it possible Of ad- ministration in 1923 xxx?
 Injustice to Vets
 The president opposes any increase In the pay of the soldiers who fought the war to victory. Although a great reduction in the tax burden can be made and the reasonable compcnsa- tion proposed for the soldiers and sailors can be provided at the same time, the president is determined that justice shall r~ be done to the war veterans. Their just claims for con sideration are summarily dismissed, but the president is strong for the maintenance of the Fordney- McCum- Der tariff bill. which gives favored trusts, monopolies and combinations in restraint of trade d subsidy es- timated at morethan three billions of dollars per annum, or twice as much as it will take to pay the soldiers bonus in cash. For privilege. every thing; for the defenders Of the coun- try, nothing,
 "The president declares that no more important duty rests on the gov ernment than the adequate care of sick and disabled veterans, and yet there Is no word Of apprehension for the grafters who have disgraced the veterans bureau and have stolen or misappropriated funds which were set aside to take care of the men and women who suffered the loss of health and became permanently injured in the service of the nations. s'
 Nothing Constructive.
 The president offers no construc- tive thought on the railroad problem, perhaps the most important domestic problem confronting the nation. He generalizes somewhat vaguely about the value Of consultations and sug- gests that the railroads be given au- thority to voluntarily consolidate"
 Mir. McAdoo declared the consoii- | dation proposal of President Cool ldge gives little promise of relief from the present excessive cost of transportation Reforms proposed by the executive to over come the confessed failure Of tho | Esch- -Cummins bill, Mir. McAdoo said he insugurated in his administration as director general Of tho railroads, but that they were thrown away by Inc Esch-Cummins act, which re- stored every wasteful and uneconom-