Evening star., 1933-05-24
INDUSTRIAL BILL
READY FOR ACTION
Benefits to Far Exceed Tax
Burdens, Says Report by
House Chairman.
BY the Associated Press.


The national industry recovery bill.
pronounced a real boon to employment
and business by the House Ways and
Means Committee, was set today for a
quick ride to passage once resistance in
the Rules Committee was broken down.
The formal report on the bill, made
public by Chairman Doughton, held
that the 'inconvenient tax burden" to
be imposed In financing the bills
So, SOC, 600, 900 Of public works would be
many times exceeded by benefits of new
employment.
The administration favors the exten-
sion for another year Of the import
taxes on oil, coal, copper and lumber
as a part of the pending legislation.
1t Is the idea of President Roosevelt
that this extension is necessary to as
sure revenue and it might as well be
voted now with other taxes under con-
sideration. The import taxes would have
expired year from July /.
Others Temporary.
As for the other taxes now under
consideration in the House, 1t is the
hope of the President that these Will
be temporary. He intends. If repeal OF
the eighteenth amendment is ratified.
that these new levies will automatically
end
Meanwhile. ruffied at the failure OF
the Rules Committee yesterday to give
the measure legislative right -of-way un-
der drastic gag rule" procedure pre-
eluding amendments, Democratic lead
ers passed the word they would force
the issue and get House vote to-
morrow or Friday.
Filed late last night the report was
unanimously agreed to by the Ways and
Means Committee. except for the $220,-
OO0, 10000 tax program, objected to by
the Republicans, who had fought for
the sales tax. The levies, forced into
the bill by the Democrats, increase the
income and gasoline taxes, and make
stock dividends subject to the higher
income imposts.
These additional taxes, the report
said, "are temporary in character and
may be eliminated by proclamation by
the President when operating revenues
exceed operating expenditures, or when
the repeal Of the eighteenth amend
ment opens new and ample source
Of revenue to the Government"
Would Provide Safety.
"This will furnish q factor Of safety
and may also permit the earlier removal
of the three additional taxes provided
for" Doughton said. This extension
the part of the committee to retain
these excise taxes longer than Is abso-
lutely necessary"
Asserting itself reluctant to impose
additional taxes at this time," the COM
mittee said:
However, the benefits which will un-
doubtedly result from the general pro-
visions Of the bill will affect favorably
nearly every man, woman and child in
the United States.
I'm view Of this fact, the added tax
burden imposed should be cheerfully
borne"
The industrial control section, which
empowers the President to establish
fair codes Of competition in industries,
fixing minimum wages and maximum
working hours, and the public works
section, designed to give work to 4000,-
600 men, were described by Doughton
as
AL lAtCllClakC0 RIOBlau 1OI IllC lC-
lief Of unemployment and substantial
increase In mass purchasing power,
through the construction Of public
works combined with measures for sta
bilizing private industrial operations"
Continued Employment.
"By establishing maximum hours of
work and minimum wages" he said,
I'VE may insure the continued employ
ment of those now employed and fur
nish work for substantial percentage
Of those now idle, and this brings about
security Of employment for millions
Of our people at wages sufficient to pro-
vide for living in decency and comfort.
by raising the standard Of labor
conditions throughout trade and indus
try through voluntary cooperation
with the aid Of the Government. unfair
competition, based upon the employ
ment Of underpaid and overworked
labor. should be generally eliminated.
"As a result of such a program, We
may confidently expect further stimu-
lation Of industrial operations. greater
security Of capital, greater security Of
labor and steady increase in the pros
perity of the Nation"
The committee said the increase in
gasoline taxes from l to ia cents
gallon was adopted with reluctance"
but that "in the existing emergency
there appeared to be no other COM
modify other than foods which would
furnish sufficiently broad base"