The Hardin tribune-herald. [volume] (Hardin, Mont.) 1925-1973, 1935-05-10

tary recognizes, for he says:
ITO prevent the necessity of hasty
liquidation Of large properties in order
10 pay the tax, it might be provided
that Inheritance taxes be payable In
a convenient number Of installments."
The plan as outlined by Mr.. Morgen-
THAI is to impose graduated Inheritance
taxes on estates, with rates following
those of the present Income tax rates,
which approximate 60 per cent on in
comes Of a million dollars or more.
The present estate taxes have a max
imum Of 60 per rent over ten million
dollars.
Thus there would first be q tax of
60 per cent upon the estate or gift,
and then another tax Of 60 per cent
to be paid by those inheriting or re-
ceiving 1t. This would amount to a
combined rate Of s5 per cent on an
estate of one hundred million dollars
If all this money were handed out
to the poorer people, even Huey Long
might be satisfied.
CECRETARY ICKES' Department Of
- the Interior has now been elevated
to the level Of the State, Treasury and
Agriculture departments, for congress
has granted one Of Harold's dearest
wishes and given him an u%ndersecre-
tary, whose salary is to be $4,000 a
year. This was a senate amendment to
the Interior department appropriation
bill. and was accepted by the house,
243 to 81, only after considerable pres
sure had been applied by the admins
tration. Many of the house Democrats
have asserted that Mr.. Ickes snubbed
them, and they would have liked moth
ing better than to administer a rebuke
to him by defeating the amendment,
but the party leaders drove them into
line.
A RIZONA'S victory over the govern
"A ment in the Parker dam case
ruled on by the Supreme court alarmed
the New Dealers for the safety of
some Of their other big projects of the
same nature. The court decided that
Secretary Ickes, as public works ad-
ministrator. was without authority to
dam navigable rivers unless specifically
ordered by congress and that the law
creating the PWA had not listed any
such specific projects as the Parker
dam. The same applies to many huge
reclamation projects that have received
PWA funds, and it is not unlikely that
suits will be brought to stop some of
them. Mr.. Ickes said congress would
be asked to authorize specifically the
construction of the Parker dam.
FEDERAL Judges Woodward, VIII
l kerson and Lindley of Chicago are
not going to be impeached, for the
house subcommittee investigating
equity and bankruptcy receiverships
and practices reported the evidence
taken did not warrant such action.
The, report said that In several in
stances conduct prejudicial to the
dignity Of the federal judiciary" was
disclosed, but that substantial improve
ments had been made both in the
rules of the court and In the law ID
plicable to the administrator of re-
ceiverships and bankruptcy litigation.
CHAIRMAN JOHN J. MSwAIN Of
~ the house military affairs commit
tee sent to the President a letter of
apology for disclosure Of defense plans
outlined in executive sessions Of the
committee. and assumed full responsi.
bility for 1.-THE unfortunate Incident"
McSwain was rebuked by letter from
the President for the publication In a
house document Of possible defense
plans against Canada and British and
French islands In the Atlantic and. the
Caribbean in the event OF war. Brig.
Gems. F. n. Andrews and Charles e.
Kilbourne had outlined the program
before 2 secret meeting Of the com
mittee.