Evening star. [volume] (Washington, D.C.) 1854-1972, 1930-04-15
INCREASE IN TAXES
FACED BY BRITISH
SnoWden Indicates Necessity
for Raising Additional Funds
for Nations Expenses.
BY JOHN F. SINCLAIR.

Special Dispatch to The Star.
NEW YORK, April 15.-Mr. British
Citizen, prepare to pay more taxes!
That's the gist of what Philip Snow
den, Great Britain's chancellor of the
exchequer, told the House of Commons
yesterday in one of the shortest budget
speeches in British history.
Mr.. Snowden is Labor's most brilliant
financial adviser, Sidney Arnold (noW
Lord Arnold possibly excepted.
Mr.. Snowden has tried hard to to re-
duce expenses. He wants to relieve I'M
employment and not increase the dole
burden on the government. He wants
cheap money. He wants the wheels Of
industry to hum. But the difficulties
which he faces are the same ones that
would face any other chancellor-Lib-
eral, Conservative or Labor.
Here's the way the British budget for
1930-31 figures. Estimated receipts,
$3,698, 900 600; expenditures, 5000, 000,-
000-for the difference, $211 900, 900, the
British must tap new sources of revenue
or dig deeper into old sources.
Where will it come from? Chancellor
Snowden suggests increased taxes on
land values, cars, gasoline, beer ard
larger death duties.
Gated by having to face deficit of $70,-
1000 In the last budget, or three times
the saving of the army and navy esti-
mates for the coming year.
Andrew Mellon occupies the same po-
Sition in the United States as Philip
Snowden does in Great Britain, but the
job which has faced the American Sec
rotary of the Treasury has been to fig
ure out what taxes to cut. OF the two,
ir1N ic a a
In Havana yesterday the worlds
sugar monopoly was broken! So sugar
control is going the way Of rubber and
coffee.
BY a unanimous vote of all the sugar
producers in Cuba, the Agencia Co
operative AZurcarera De EXportaciones,
the sole selling agency" was dissolved.
The importance of this cannot be over
estimated.
The world price for Cuban raw sugar
has been quoted about cents pound
below the American price. Last week
the two prices moved together. Cuba'S
large producers, who sell the United
States about 60 per cent OF its entire
Havana that they want to market their
product individually.
Can any product vitality necessary for
mankind be controlled indefinitely by
any group, no matter how powerful?
The story Of coffee, rubber and now
sugar indicates the reverse.
To the housewife what does this new
sugar development spell? Will sugar
prices be higher or lower? A large
American sugar importer was asked
this question
Probably lower prices. at least tenn
porarily," was his reply.
A duty on crude oil and a square deal
In price fixing-that's what the indie
pendent Petroleum Association OF Amer
lea demands. A new and aggressive
force in the oil industry seems destined
to come out of their national gathering
next Friday in Fort Worth, Tex.
Writ Franklin, At, vice president and
general manager Of the Cromwell
Franklin Oil Co., a valuable oil property
holder in the Oklahoma City field, Is
the man to reckon with.
When w. Scott Haywood, who drilled
the first oil we'll in Louisiana, told the
Colorado Springs conservation confer
ence last year that what the oil indus
try needed was not a curtailment OF
production in the United States, but a
tariff duty on crude oil imports. he
started some fireworks.
A tariff on oil, rather than voluntary
limitation of production and prorating
vocated by the American Petroleum In
stitute, is the battle cry OF the indie
pendents.
while the imports Of petroleum in
1928 in the United States were nearly
100000 barrels, and exports less than
Q fourth of that amount, gasoline ex-
ports reached 51,756,o0O barrels. as
against but 4,207 900 barrels imported.
Still the total of petroleum and gaso-
line that came into the United States
was more than was sent out. This Is the
dy in the ointment.
so the independents, led by Wort
Franklin and w. Scott Haywood, want
q tariff to protect them against this
outside oil coming In. They consider 1t
more important that proration and con-
servation, which in turn, according to
their position, will favor big companies
already powerful in the industry to the
disadvantage of the small ones.
The oil industry itself Is facing real
fight this week.
tCopyriSht, 1880, by North American News
paper Alliance)