The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1935-07-19

- H1sASA tne 19ENl4UWNp U@4 w.
De1ood there came MP Z llttls meanuro
u1lce would affect fcristaL Tho eon-
man from the wealthy D~eyentoenth
l<9W : district Wa cverWhelmed
~ mail He had not realised thsre
'NeEp - many iorists n Ais con-
ct5tuency.
KIceists on Job
~ point Il that the AofiSts Wefe
- tne job. as far ~ watching against
o1epx1e legislation n concerned. The
13e1t0rs were not.
Bnf this year has seen re investors
Mo691ixed for the nrst time. The ques-
- -: Can business II general do The
9c12e sort Of job that the utility ex-
ee0lfves did this year In arousine their
ft6ekholdersi
While no one knows what the 6nal
keeee Of the tax against bigness viii
~ the top rate In the preliminary
nguxes-for which no one acknowi-
e4ges responsibillty-are 17k per cent.
This means nearly 0ne-nfth of l com
pany's net income.
Compilations " to what this would
do p the big companies have been
nade. and general agreement = mat
this would be suflcient to put them
cut Of business.
But the object Of the sliding scale
y evowedly to put them out Of bud
49,. which means that the present
bIll l. only an opening wedge. Obvi-
ously the investors most hurt By this
program, II continued, win be the com
mon stockholders. Their dividends
VIII be endangered. For Instance, even
this year the American Telephone and
Telegraph company Il paying part OF
IT. dividends out OF surplus, M 1t has
been since the depression started.
Sharp boosting In the taxes would
mean that II, and other large corpora
lions. would be obliged to reduce their
dividends. The question d whether
the stockholders will begin q letter
writing drive to their congressman as
the utility stockholders did. II they
do, the corporation sliding scale tax
will be beaten, as the @death sentence"
was.
aDing's" Big Job
Jay N. Distinguishes known a.
-Ding." the cartoonist-is trying to do
for wild ducks and geese, the noun
tain goat, caribou, antelope, and what
not In the game line, what Mark Sulli.
van. serious writer on politics and
economics. did In his youth for the
buffalo.
Ding thinks Sullivan's job was mag
n~lfcent, but rather amusing In View
Of the deeply serious nature Of the
Sullivan's mental processes For ex-
ample, Sullivan Is probably the closest
personal friend Of Herbert Hoover.
When quite a lad, Sullivan read
something in q newspaper about the
American buffalo. or more correctly,
bison, becoming extinct. At once he
went into action. He wrote to every
living person who owned q bufIalo, In
GLIDING q British peer. he wrote to
every ZOO In the country, asking II they
would like to have a pair, and II they
would promise to take care Of them
~ let them breed II they got ! suit
ME pair.
AZ the moment 4 big rancher NOT far
from Yellowstone park had 4 herd,
which he found 80 Improbable that he
was Obliged to dispose Of them. It
was the story about this, setting forth
also that the bison was about to pass
into sociological history, that started
Mark on.
Before he was through he had dis
posed OF every buffalo In that herd,
placed them carefully In zoos that
wanted them. In cities all over the
country. As q result. the supply Of
buffalo today IL so plentiful that every
few years q herd is turned over to the
Indians for slaughter.
The fAct that Ding Is now head
OF the biological survey Is more out Of
the ordinary than Mark Sulliyan's
taking an interest. In his youth, in the
buffalo. This man, who is now head
Of the biological survey. Is q Repub-
llcan and was q delegate to the Re
publican convention that nominated
Hoover.
C01Aeo smart Move
So Z great many people think the
smartest thing Mr.. Roosevelt has done
since he entered the White House was
to put Ding at the head Of the bio
logical survey. The man is Naturally
Republican In his tendencies, and very
hard-headed Indeed. although q Pro
gressive. And the fact that his pic
lures were printed In about 800 fairly
important newspapers In this country
every morning. before he arranged to
lay on until his government job was
completed. made him pretty nearly =
nightmare for anyone in high Office
whose policies Ding might think humor-
ous. he would be apt to get the
whole country laughing at the unfor-