Eagle River review. [volume] (Eagle River, Wis.) 1890-1927, 1924-02-28
Europe and is expected to be called
before the committee this week, as are
Harry Payne Whitney and e. B. Nc
Lean.

u0IOI0 Tie COululllO0 ILLS week, DIS dIC
Harry Payne Whitney and e. B. Nc
Lean.
AHAT 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 a 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 it would
have been dissipated by a 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 a legislative oil lobby in
Montana.
Mr.. McAdoo of course accepted the
mandate of his followers and then
made a 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 M. 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
4 would get no relief from congress
this session, despite the fact that all
its members agree with him that there
should be reduction. Of course, if
he doesn't get it, partisan politics will
be to blame Last week the lower
house, sitting as committee of the
whole, approved by a vote OF ~ to
1876 the Garner amendment to the tax
bill, embodying the Democratic surtax
and normal tax rates and increased
personal exemption Voting with the
t 2O3 Democrats were II insNrgent Re.
publicans, one Independent and one
Farmer-Labor member. The Mellon
plan was rejected by vote of 152 to
PA. All efforts Of Representative
Longworth and other Republican lead
ers to arrange compromise that
would suit their recalcitrant fellow Re
pubIicans failed.
The Garner plan provides:
Normal taxes of 2 per cent on in
comes below $1,000; 4 per cent on in
comes between $1,000 and $4,000; 6
per cent on incomes exceeding $4,000.
A graduate surtax scale, beginning
at 1 per. cent on incomes between S12,-
600 and $4,000 up to maximum OF
A per cent on incomes exceeding 49,
600.
Exemptions of $1,000 for single per
sons and $4,000 for heads of families
MANY economists and financial eX-
merits have held that this plan is not
comparable to that proposed by Sec
rotary of the Treasury Mellon. Since
President Coolidge already has pub
licly declared that it is impossible IN
practice" it is fair to assume that, if
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 $500, 100000 after the law is in full
operation.
CECRETARY HUGHES is trying to
y guide the house toward the adop-
ton of an 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 ne
81 70 MN iCr1ssa