The Waterbury Democrat., 1931-10-21
Valley Business Men Get Forecast
 Of Next Congress
Congressman in AnsOnia Address Sees Amendment to Prohibition Law in Offing Talks on Unemploy- ment Banking Tariff, and Revenues

Passage of the soldiers bonus bill providing for one hundred per cent payment and the establishment of dole system in the United States will be drowned upon by the De- cember session of congress, Con- gressman B. w. Goss of this city declared this noon in an address de- livered at Ansonia before a gather ing of industrial business and civic eaders of the over Naugatuck vaey. Congressman Goss expressed confidence that the prohibition laws will be amended at the com ing session and discussed possible legislation that congress may pass in connection with national unem- ployment, banking, tariff and rev. enue questions.
 Today's meeting was sponsored by the chamber of commerce, the Rotary club and the Lions club of Ansonia and was very largely at- tended. Congressman Goss said:
 "Any discussion of major prob- lems which will be passed upon at the next session of congress IS purely speculation until we know which political party will control the house and senate. 1t seems to be a matter upon which there is divided opinions, as is natural, and 1t is surprising to know that there are a great many in Wash ington who feel the democrats will organize the house. Their theory of course Is that some of the irreg- ulars' will vote with the democrats, and anyone who has been follow ing the news knows we have a number of these irregulars' who came to congress as republicans.
 with the house divided almost evenly 1t is easily seen that great deal of wild and crazy legislation will come up for action but should any of this legislation pass 1t most certainly will be vetoed by Presi- dent Hover and I do not believe, in the majority of cases, there will be enough votes to overrule presi- dential veto.
 "One of the vital questions which will confront the next con- gress is taxation. Treasury experts or some time have been trying to find new sources of revenue. The American taxpayers, however, will not know for a months or six weeks what recommendations will be made by these treasury experts. Whether these recommendation will be for tax revision or conttnu- ation of the present borrowing pol icy are questions which must be passed upon by the president before they go to congress.
 "The president has been repre- sented as opposed to higher taxes during the depression if it is at all possible to avoid them. He has urged drastic economy all along the line but whether this will be enough without more taxes remains for the treasury to find out.
 .Mr Hoover's latest expression on taxes was given before the American Legion convention at De- troit. Exidentally referring to pro- posaIs of some republicans and democrats in congress for higher taxes on the wealthy. the president warned the legionnaries not. to be misled by those who may say that we need only to tax the rich to secure the funds we need.
 "We must face the absolute fact. he said, that the rich can be taxed to the point of diminishing re- turns. and still the deficit in our ordinary and necessary expendi- lures would not be covered even upon the basis of utmost economy. Make no mistake; in these cir cumstances it is those who work in the fields. at the bench and desk who would be forced to carry an added burden for every added cent to our expenditures.'
 ''We all know that the reap of the capital gain tax would bring an estimated return of 700 millions of dollars. That in itself is large item. Politically, the repeal of the capital gain tax is not popular but if this phase of the tax question is carefully studded its merit will appeal to the unbiased person. In all probability, a sales tax will not be enacted. Its merits and objec. tions, of course, will be discussed during the next congress.
 Regardless of the difference of opinions of the two political par ties on the tariff question, and de- spite the newspaper interviews. 1t is my personal opinion that there will be no general revision, or great change in the tariff act in the next congress. This. while a personal opinion, was formed after discus- sion with some of the democratic members of congress. who feel it would not be a wise move on the eve of a presidential election.
 Some of the members from oil states will demand a tariff on oil but whether or not they obtain such a tariff will depend entirely upon the amount of support they are able to muster. Other items will come up for discussion and there may be a change in traiff on . few of these. but there is nothing to fear as to general evision, feel.
 Banking will also be discussed at the next congress and possibly some action taken. I do not be- lieve any action will be taken with