Plentywood herald. [volume] (Plentywood, Mont.) 1908-current, 1935-12-12

IGNORING THE LAW
ROOSEVELT CONFIDENT
HOOVER BORAH FEUD
TARIFF VIEWS CHANGE
HULL is CONSISTENT
The action of the supreme court in
suspending the collection of process
ing taxes until it shall decide whether
court injunctions to prevent such col
lections are legally obtainable means
that the supreme court will hear ar
guments on December 16 to determine
whether the law prohibits the judi
ciary from restraining the collection
Of taxes. There are those who contend
that a statutory provision absolutely
bars a court order to restrain the
government from collecting any tax
levied, leaving to the taxpayer only
the right to pay under protest and
subsequently III to recover the
amount paid.
In passing on the issue before it the
court was dealing with a strictly le-
gal question rather than one of con-
stitutional import and the decision is
not a clue as to the attitude of the
court in regard to the contested issues
of farm relief legislation. Undoubtedly
the decision to be made on the the
constitutionality of the AAA will have
more effect than any other decision to
be made. The economic welfare OF
millions of farmers, the declared goal
of both parties for many years, is in
volved as is the condition of the fed
eral budget Concerning the budget,
about $500, 900, 900 in taxes depend up
on the opinion of the judges. An adj
verse finding is not expected to stop
the farm relief program but it will
make necessary some effort to locate
the additional evenu needed to make
the crop payments.
At Warm Springs last week, Presil
dent Roosevelt continued his study Of
the budget, his chief concern appar
emily being to find some way to cut
expenditures, this bringing them clos
er to the income of the government.
While no one expects that anything
like a balanced budget will be posi-
Bile during the fiscal year that begins
next July, it seems probable that the
administration will develop something
of a retrenchment program. How far
it will go depends upon congress and
also upon the disposition of the bonus
question, which most believers is GER
tain to be paid.
The political effects of the courts
decision on the AAA are problemati-
cal. Naturally a victory for the gov
eminent will strengthen the presi-
dents position with farmers to whom
he apparently looks for support. Al
adverse decision might injure his
prospects if the republicans come for
ward with a tempting solution of the
problem raised. However, it is quite
probable that the decision, even if adj
verse, will leave a way open for the
coming congress to pass a law that
will conform with the ruling. If the
Ruling is adverse and no convenient
method is apparent to secure farm aid
i'm accordance with the Interpretation
of the judges, one may be sure that
The horse and buggy" issue will re-
vive and probably overshadw every
thing else in the campaign ahead.
=
Ur1cubtedy something like an in
sdustrial recovery is at hand, led by
abe automobile plants which expect to
break the all-tine record Of produc-
zion n the last quarter Of this year
Naturally, many New Deal politicians
pre- immensely pleased with the evil
dcnce CT better times, believing that
%~lcco~r at the polls next fall is GER
Ban If the movement continues up
.Ha'd Recent striking gains in stocks
by c~acoaraeed the belief that the
1aticn has finally turned the corner
pnd stands face to face with something
hrprox.matlng prosperity.
Recent statements by public Off
,ials emphasize the optimistic tone
now being taken. Chairman Lands
Of SEC says there is nothing to be
E1one about advancing prices, arc
Governor Eccles takes some pride in
che upward surge. A federal reserve
ocard bulletin finds a measure Of
strength in the market at present ano
he American Federation of Labor
Omes along to prophesy an industrial
Boom in the rext few years.
**
The public utility companies are
Generally expected to ignore the hold
ng company law and not to register
ey Dec. ! as required by the act
~;everal large holding companies have
sked injunctions against the govern
aent to enioin the securities commits
ion from enforcing the statute with
he famous death sentence" The
light centers around the registration
interstate holding companies be-
ause the law itself exempts compan-
Is pr~edominantly intra-state. The
overnment is proceeding to compel
egistration as required and this vii
ford a case to test the merits of the
isputed legislation.
Most Of. those who have converseo
nth the president recently are con-
need hat Mr.. Roosevelt is confident
lat he will be reelected. He feel.
vat much has been accomplished anc
hat those who c~riticise him and his
olicies so vigorously are doing him
much GOOD as harm. The Literary