Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-08-16

"a part OF what we produce e1ch
day. 1t will make little difference
how much we raise on the farm, or
low much we turn out in the mill, II
it is all used up or all the proceeds
are expended.
eve can only be relieved Of our
present private and public burdens
by refraining from private and pub
lie extravaganza.
I'VE must resist private and pub
lie OUTLAWS for which there is no
commensurate return.
This is economy.
"Whatever anybody may claim or
say, there is no other method by
which the people can rid themselves
Of their tremendous financial buc-
dens.
Cutting Government Costs
at is for that reason that the
present administration has made
every possible effort to cut down the
expenses Of government. The coun-
try needs every ounce of it's energy
to restore itself. The costs OF the
government are all assessed on TIE
people. This means that the farmer
is doomed TO provide certain
amount of money out of the sale OF
his produce, no matter how low the
price, to pay his taxes. The manu-
facturer. tie professional man, and
the clerk must do the same from
their income.
q
higher rate when compared with his
earnings, makes lis contribution,
perhaps not directly, but indirectly,
in the advanced cost Of everything
he buys.
'"rhe expenses of the government
reach, everybody
Takes take from everyone a part
Of his earnings, and force everyone
to worI, for a certain part of his
time for TIE government.
when we come to realize that
the yearly expenses Of all the gov
eminent in this country have reached
the stupendous sum of about 81, $780,
0O0, 900, we get some idea OF what
this means.
"Of this amount about $500, 900.
900 is needed by the national gov
eminent, and the remainder by local
governments. Such a sum is diff
cult to comprehend. 1t represents
all the pay of 100000 wage earners
receiving S. cay, working 500 days
in the year.
eff the government should add on
500, 900 900 of expense, it would
represent four days more work of
tt csc wage carriers. These are some
of the reasons why L want to cut
down public expense.
The Meaning of Freedom
IT want the peonle of America to
be able to worl- ) for the govern
ment 1nd more for themselves. J.
want them to have the rewards of
tt cir own industry.
THAT is the chief meaning OF
freedom.
Until we can re-establish a con-
dit.on under which the earnings of
the people can be kept by the people,
we are bound to suffer a very dis
tinct curtailment of our liberty.
'Tr csc results are not fanciful,
they are not imaginary; they are
grimly actual and real, reaching into
every household in the land. They
take from each home annually an
average IF over $500. And taxes
must be paid. They are not a volun-
tary contribution to be met out of
surplus earnings. They are a stern
necessity. They come first. 1t is
only out Of what is left after they
are paid that the necessities of food,
clothing, and shelter can be pro-
vided, the comforts OF rome secured,
or the yearnings of the soul for a
broader and more abundant life
gratified.
when the government effects a
new economy. it grants everybody
a life pension with which to raise
the standard of existence. 1t in
creases tie value of eVerybody's
property and raises the scale OF
eVerybody's wages.
"One Of the greatest favors that
can be bestowed upon the American
people is economy in government.
"B&cause of my belief in these
principles, I favor economy that the
Much has already been done. TT
bill which l signed will save the
people about $1,000,00 each day.
Further Reduction Sought
II want further tax reduction and
more tax reform. TIE raising of the
revenue required to conduct our
government is intimately connected
with our economic welfare.
eff it is done by wise and just
laws, the burden will be the most
easily borne. But if the method of
taxation is not sound, disaster will
follow, reaching even to financial
panic.
"Our first thought should be to
maintain unimpaired TIE activity of
agriculture and industry. That tax
is theoretically best which interferes
least with business.
Every student knows that exces,
sively high rates defeat their own
purpose. Tkey dry up that source
OF revenue and leave those paying
lower rates to furnish all the taxes.
High rates tend to paralyze bust
ness. For these reasons I am OPP
posed to cess-rofits taxes and high
surtaXes.
When the revenue bill Of 1921
was passed. abolisEing excess profits
and greatly reducing high surtaxes,
SYN1rN 1rrlsr k<Ir 81