The Holly chieftain., 1924-02-28


gton publisher. called before senate CON
an oil concern. 2-The Sacramento. "
SEQ bay. 3-Washington's birthday rece
Betty Lewis.
Europe and is expected to be called
| before the committee this week, as are
Harry Payne Whitney and E. B. Nc
Lean
NIHAT has been neatly termed the
w process Of Gambling" William G.
McAdoo was carried out according to
program by the conference of his lead
| Ing supporters In Chicago. and he was
declared to be good egg. In other
words, he was told that his available
ity as candidate for the Democratic
nomination for the presidency was not
lessened by the fact that he had been
in the employ of Edward Doheny and
that he must continue his campaign.
There was no doubt at any time as to
the decision the conference would
reach. If there had been 1t would
have been dissipated by telegram
from Senator Walsh of Montana.
chairman of the senate investigating
committee, indorsing McAdoo and his
candidacy In unrestrained terms. Re
publicans noted with amusement that
this message was sent to the Montana
representative in the conference, who
happened to be Thomas Arthur,
stakeholder and employee of the Con-
tinental OIL company and formerly In
charge Of Legislative oil lobby In
Montana.
Mr.. McAdoo of course accepted the
mandate of his followers and then
made long speech in which he not
only explained his Doheny fees but
told what he proposes to do when he
| becomes President-if ever.
James NJ. Cox Of Ohio. Democratic
candidate for the presidency in 1920.
is willing to try again. Having been
Informed that his Ohio friends wish TO
present his name to the convention in
New York. he has given his consent.
TT BEGINS to look as If the taxpayer
"Oulu SSt hO Etlttl llbih COhSitSS
this session, despite the fact that all
its members agree with him that there
should be n reduction. OF course, If
he doesn't get 1t, partisan politics will
be to blame. Last week the lower
house, sitting us committee of the
whole, approved by vote Of 222 to.
1906 the Garner amendment to the tax
10 In ,rfn
and normal tax rates and increased
personal exemption. Voting with the
2O3 Democrats were II Insurgent Re-
publcans. one Independent and one
Farmer-Labor member. The Mellon
plan was rejected by vote Of 152 to
244. All efforts of Representative
Longworth and other Republican lead
would suit their recalcltrant fellow Re
publicans failed.
The Garner plan provides:
Normal taxes Of 2 per cent on in
comes below 5000: 4 per cent on in
comes between 5000 and $1,000: 6
per cent on incomes exceeding $1,000.
A graduate surtax scale, beginning
HI i per cent oll lutolhCS pCl"cVh Sl-
900 and $4,000 up to maximum of
A per cent on incomes exceeding S92.-
600.
Exemptions of $1,000 for single per-
sons and $1,000 for heads of families.
Many economists and financial ex-
perts have held that this plan is not
comparable to that proposed by Sec
retary of the Treasury Mellon. Since
President Coolidge already has pub
licly declared that 1t is impossible in
practice" it Is fair to assume that, II
the bill gets through congress as now
framed by the coalition. it will be We
toed by the Chief Executive. The Re-
publicans assert that the entire Gar
ner plan would mean an annual deficit
of S3O0,0OO,00O after the law is in full
operation.
| CECRETARY HUGHES Is trying to
- guide the house toward the adop-
ton of IN immigration bill that will
not be likely to involve the State de-
partment and its agents abroad In
troubles. He already had told why
the proposed johnson measure Is OBJ
| jectionable to Japan and last week he
called the attention of the immigra-
| tion committee to the protests of
| Italy and Rumanla against the plan
to make the 1890 census figures the
basis for quota restrictions. Chairman
Johnson read the Rumanian protest on
the floor of the house. II said adop-
ton of the 1890 census MS n restrictive
basis would deeply wound the pride