The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1924-12-04
WASHINGTON LETTER

Washington, Dec. 3-Congress has
received two important messages
from President Coolidge. Today, his
message setting forth the opinions
and recommendation of the Admins
the House. The Presidents budget
message showing reduction of $780,
225,931.72, in estimates of Federal
appropriations for the fiscal year of
1926, was submitted to the legisla-
tive body. The estimated expend
lures for 1926 amounted to $780,
519,946.4S.
In his message to Congress- the
President stressed the need of rigid
economy in public expenditures. He
stated that the national taxes still
amount to $27 for each one of our
inhabitants and that further reduc-
ton was necessary. The message was
sent to Congress and not delivered in
person as the personal appearance is
made at the opening of the new Con-
gress and not at the beginning of
subsequence sessions.
Though 26 subjects were covered,
the keynote of Mr.. Coolidge's mes
sage was economy as means to con-
tinued prosperity. sour nation" de-
clared the President, sis determined to
advance in an orderly, sound and
common-sense way" 1t was his con-
tention that "the fallacy of the claim
that the costs of government are
borne by the rich and those who
make direct contribution to the ma
tional treasury can be too often ex-
posed.
The Congress was told that their
most important work at this session
would be to continue policy of econ
omy and further reduce the cost of
government, in order that we may
have a reduction of taxes for the
next fiscal year.
The repeal of the publicity fea-
lures of the income tax was recon-
mended by the Chief Executive. He
expressed his belief that zone of the
most glazing of these was the MAX
ing public of the amounts assessed
against different income-tax payers
Although that damage has not been
done, believe its continuance to be
detrimental to the public welfare and
bound to decrease public revenues,
so that it ought to be repealed"
and the difficulties under which taxes
are reduced, the President said: "Any-
body can reduce taxes, but it is not
SO easy to stand in the gap and resist
the passage of increasing appropria-
ton bills which would make tax re-
duction impossible. 1t will be very
easy to measure the strength of the
attachment to reduced taxation by
the power with which increased APP
preparations are resisted. If at the
close of the present session the Con-
gress has kept within the budget
which / propose to present, it will
than be possible to have a moderate
amount of tax reduction and all the
tax reform that the Congress may
wish for during the next fiscal year =
Furthermore, Mr.. Coolidge holds
that "under the assurance of rea-
sonable system of taxation there is |
every prospect Of an era of prosper
ity of unprecedented proportions.
"But," the President stated, it |
would be idle to expect any such re-
suits unless business can continue |
free from excess profits taxation and
be accorded a system of surtaxes at |
rates which have for their object not
the punishment of success or the dis
Of business, but the pro-
duction Of the greatest amount Of |
from large incomes. l am
convinced that the larger incomes of
the country would actually yield
more revenue to the Government if !
The basis Of taxation were scientif-
ically revised downward. Moreover,