The Arvada enterprise., 1924-01-17

| by Henry Morgenthau OF New York
chairman of the League Of Nations
Greek refugee settlement commission,
who said the league could not obtain
loan for the refugees until Greece
had n stable government.
Greek leaders are beginning to plan
for new and more advantageous
agreement with Turkey, for dispatches
last week told Of critical Developments
in that land. There seems to be u
growing revolt against President Mus
,apha Kemal and his government. and
bomb was thrown at kemal in
Smyrna which wounded both him and
his wife. The Greek army, 1t Is as
serted. is being trained to take full
advantage of Kcmals troubles by seiz
ing all of Thrace.
A BAND of armed men invaded the
n hotel in Speyer occupied by the
officials of the Rhineland Palatinate
autonomous government and assassi-
mated Herr Heintz, the president and
three of his associates.
General Dawes and Owen Young are
In Paris to help untangle the German
troubles. but they wisely decline to
give statements to the press except to
say that time Is the essence OF the sit
uation and that there should be daily
and continuous sessions of the com.
mittee on which they are serving.
Meanwhile Germany's finances are
showing signs Of decided improvement.
DRESIDENT OBREGON'S federal
troops have begun advancing on
both the Vera Cruz and Puebia fronts
and the rebels are reported to be re-
firing. In several recent engagements
the insurgents were defeated with COM
parative ease. and their case grows
less hopeful daily. Before this Is read
it is likely the government army will
be moving on Guadalajara. Obregon
has begun payments for the munitions
sold him by the American government,
and the latter has given him additional
aid by declaring un embargo on the
shipment of arms and ammunition to
Mexico except with the specific up
proval Of the government.
ID EPUBLICANS OF the lower house
N in caucus Thursday evening took
important action concerning legisla-
tion, instructing the ways and means
committee to give the tax revision
measure precedence over the bonus
bill nnd ordering the former reported
not later than Feb. H.. The same day
the ways and means committee or.
dered a favorable report on the reso-
amendment prohibiting the future 10
sue Of tax-exsmpt securltiea.
DOTH the Democrats and the radi.
- calls In the house have announced
their programs for tax reduction %
substitutes for the Mellon plan adopt.
ed by the administration. The Demo
Gratis propose, among other things, q
larger cut In normal tax rates on the
smaller incomes than proposed by Sec
retary Mellon. a 33 l-3 per cent reduc'
tion In taxes on earned income instead
Of % per cent. with a special allow
ance for farmers and tradesmen wht
would not benefit by the Mellon earned
income plan. and revised surta,
scale. starting with incomes OF S12,
600 instead OF $4,000 and ending with
maximum OF Al per cent on In
comes In excess OF $4,000.
On behalf OF the radicals Repre-
sentative Frear introduced n series o
Restoration OF an excess profits tn,
on corporations.
A tax on undistributed profits OF cor
| porat!ons, the rates being ) per cen
OF amounts not exceeding $4,000 afte,
deducting a $4,000 exemption. 10 PEI
cent on amounts not exceeding 500,
600, II per cent on amounts not ex
cecding 100000, and 20 per cent OF
amounts above 100000.
Doubling OF prescn; lnherltanc,
taxes.
A tax OF from to Is per cent or
gifts.
Reduction OF normal taxes to 2 nnc
I per cent. respectively. but no reduc
t!on In surtnX rates.
Reduction Of IS per cent In taxes or
earned incomes.
Imposition Of tax on incomes from
municipni and state securities under q
bill prohibiting the Supreme court from
declaring II invalid except with thl
concurrence OF all but one justice.
Publicity Of tax returns and tux pre-
cecdings.
Repea! o; u!! nuisance taxes