Evening star., 1923-07-22
INDUSTRY URGES PUBLIC
TO STUDY TRADE ISSUES
Bonus, immigration, Railroad and Taxa
ton Legislation May Retard Pros
perity, Is Warning.

labor supply to a policy Of narrow
| restriction, the Industrial council ar
CUES II is the part of wisdom to Gre
ate administrative machinery which
VIII permit an adjustment of our
economic demands to established ne
cessities.
This can be done either by calcu-
lating cur quotas in terms of net I'M
migration or lodging administrative
discretion in the Secretary of Labor
to admit immigrants where there i
conclusive proof of continuing
shortage Of u particular type or class
of labor.
a continuing and substantial labor
shortage, while increasing the nomi-
nal pay of the laborer, decreases the
buying power of his wage. and he s
hurt rather than helped by the con
tinuance of the condition. Admins
trative machinery to meet the condi-
ton would place the control Of the
situation in the hands of the govern
ment, so that neither the employer
could induce an Unnecessary suppl!
II below the demonstrated public
need.
Expect Attack on Roads.
What is the attitude of Americaa
industry on transportation?
1t is apparent that radical at
tack is to be made on the existing
transportation act. The act is by no
means perfect, but il must be appar-
ent that continued agitation and IN
certainty as to the conditions under
winch the transportation service Of
l. country is to be rendered will
ha a demoralizing influence on the
conc. of business
Tht ~dilroadS and the business o.
the country are sadly III need of j
Legislative moratorium" says the in
dustrial council A year or two of ac-
tual operation under the transporta
ton act VIII give an opportunity to
study it's defects and TO offer rene
dial amendments in the light of ac-
tual experience
What Is the attitude Of American
industry on taxation?
Work fer Tax Cut.
The general policy is to reinforc.
IN every way the effects of the
President and the director of the
! budget to make its savings effective
II Is authoritatively announced that
! through this practical Instrumental
ity and with the active cooperation
I OF the executive officers of the gov
ernment the present fiscal year will
show surplus in the neighborhood
of SS0O,O00.000. But while the fed
eral government is forcing economy
of expenditure the states are becom-
ing increasingly extravagant
In d program of practical work for
the manufacturers associations il il
proposed that they work TO establish
TENS. that they watch carefully
whether the state is exchanging any
rights of self government for fed
eral appropriations, and whether the
state is duplicating federal taxation
or federal taxation threatening
sources of revenue on which the stat.
has hitherto relied
Ask Speedier Decisions.
Discussion with representatives ana
in local community forums the ralu.
of establishing regional boards o.
adjustment so that federal taxes MAY
. in the first instance be settled nearer
at home than Washington, with right
of final appeal there on novel or i'm
i.portant questions, is urged by the
industrial council.
Other points that are recommended
| for local emphasis are: The gain In
federal income which has accompanied
| the reduction of the SurtaX and the
recomm endation of the Secretary OF
! the Treasury THAI further reduction
would increase the national revenue
! by diverting savings which now 60
into taX-eXempt securities to invest
ment in private industry.
J The greater the sums taken in for
the support OF the government tn
less there is left to engage in the pro
duction of wealth.
Millions ON Pay Roll.
Whoever is a beneficiary of taxation
must himself help TO put back IL
some way what he takes out.
That, according to the last census.
there are about 40.O00.000 persons en-
gagged in gainful occupations. "f
which nearly 100000 are employed
in carrying on the business of muniCi-
pal. county. state and national gov
ernments That is, every thirty -eigh;
people engaged in earning their liv
ing are supporting TWO public en-
ployes.
The more we ask government to de.
the more we must give il means with
which to do This has reached
point where one dollar in every six
of our net income must go into th'
public treasury