Milford chronicle., 1925-12-18
our WASHINGTON LETTER
(By National Editorial Association
Especial to ChrOnicle)

Especial to Chronicle)
Washington, Dec. 16-Already the
Yoiceless orators of Washington are
peddling their wares to the unsus-
pecting public. The early editions
of the Congressional Record for the
69th Congress contain a collection
of speeches made usually to the ex-
elusive audience of one stenograph-
er, or written by capable secre-
tary or legislator.
The leave to print" is a privilege
which has been very greatly abused
in recent years, and Senator Smoot,
one of the watch dogs of the Teas
ury, is making every effort to cur
tail the publications of Canned" ora
torical effort and restricting the
speeches reported in the Congress
sional Record to those actually made
on the floor of the Senate and House.
Naturally the members of Congress
who cannot make public address,
and whose public utterances are
confined to answer the roll calls,
are Objecting to this policy.
One of the great surprises of the
current season in Washington is the
attention given the tax bill. Every
effort is being made to make it non
partisan so that it will pass the
House before the Christmas recess
and emerge from the Senate before
March Is. 1t is proposed to make
the new rates applicable on that
date so that the taxpayer may re-
ceive immediate benefit. This will
make good talking point for mem
bers of the House and Senate seek
ing reelection in November. The
membership of the entire House will
be subjected to change at the next ,
elections and the terms of thirty
two members of the Senate will
also expire next year. The tax :
measure is one of the few things :
that will appeal directly to the home
folks and make good campaign ma 2
terial, especially for the incumbent /:
By the way, what has become of /:
the Mellon tax plan? Nobody hears /:
anything about this proposition any !.
more. 1t seems that in an effort to b
obtain lower taxes, it is necessary 8
,or the administration to Withdraw
It's Identification marks and pass q
he internal revenue measure which
would meet the demands of the ma
or parties. Caution is now being II
exercised to prevent excessive re- .
luction in taxes. The farmers of B
'ur tax bill allow sufficient margin s.
o take care of the emergency ap-
so that there will be
10 actual deficit which would re- ~
uire borrowing. q
The Treasury Department has y
allied the attention of Congress to *
be fact that taxable incomes do not 81
a constant upward march AZ
ear after year. In other words, ~
ley want Congress to realize that 81
lcOmes of private individuals, as
ell as business firms, fuctuate
ON time to time and consideration
lust be given to the lean years as Iaa
ell as to the prosperous ones. ~
1t is reasonable to believe that the "a;
re of the one dollar bills will be 81:
,duced within a few months. This 81:
i'll undoubtedly give the jokesters. N
enty of material concerning the s
value of the dollar. The -
Department believes that sAS
reduced size for dollar bills would sAs
'ect important economies. With q:
is en- din view, our money makers 40
I'VE undertaken a study of paper ~
rrency designs. "
While on the subject of money, it ~
interesting to note that the report -
the Secretary Of the Treasury sent ~
Congress this week shows that 20
Id stock in this country continues rs
equal almost one-half of the Wis 81.
@ stock Of gold in the whole world "a:
that Uncle Sam is still 80
lding the money bags. The Gov ~
lment has been increasing the cir g
lation of gold certificates so that A
has been necessary to continue ~
, coinage of gold in order to be in %
position to meet the legal re- y:
lrements, that at least one-third 81:
the gold held shall be in the form az
gold coin. Hf
congress lives up to the reputa- ~
4 for being expert procrastina-
s. Hardly had the members sett- y
down to the bang of the gavel be- -
9 they planned vacation for the ~
idays. Resolutions have been sIs
med to authorize the getaway" 81:
N December 10 until January 4. az:
travel allowance for the session "
70 cents per mile. This will COW ~
one or two trips home per year ~
The taxpayers expense. ~