Milford chronicle., 1936-02-28
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n91OboH
y JAMES PREsroN

~ wv 4caAo - H6aiN Creeping 20
the front.
How many Of these bills, the Pres
ident has sanctioned, and how many
he viii try TO push to enactment
this session. remains to be seen.
I Many legislators, however, point TO
the march OF recovery since NRA's
banishment last June and say that
must be considered IN relation to
new restrictive legislation.
o.
Three measures viii give the tin
on on how many new entanglements
are to be strung in front Of busi-
ness and recovery. They are the
new Wheeler-Rayburn bill, which
would vest IN the Federal Trade
Commission powers so broad that
they are almost comparable 10
those held by Illegal NRA: the
Walsh bill, to give the government
control Of wages and. hours through /
the weight Of governmental spend
ing; the Ellenbogen bill, which
would apply TO the textile industry
the same eost-raising restrictions
enforced under the Guffey Coal act. I
The Walsh bill slipped through the
Senate last year but fell by the way |
side when the House awakened be-
latedly to the en0rmity Of the new
power the measure would transfer
from the Legislative to the executive
branch. House hearings have been
ordered on the Ellenbogen bill with
prospects that the Labor committee
will push it if the Administration
wants It.
David Lawrence. one of Washing
tons most able political analysts,
describes the new Wheeler-Rayburn
bill as giving the Federal Trade
Commission more power than the
NRA more power than the Securi-
ties Act, more power than the Cope
land food and drug bill. more pow
er than any Federal Trade Commits
sion act or antitrust law of the
past, and more inquisitiOnal rights
over the private affairs of the eiti-
zen than anything now on the stat
Ite books"
Many Washington observers see E
,learly in it another design by some !
# its sponsors to put the Supreme
,ourt ION the spot" again, for upon q
iome points covered in the bills
weeping phraseology the court has
uled repeatedly in the negative {
o.
Few things ore worrying Demo- y
ratio leaders at the capitol more Y
han the mounting size Of the de- u
it is the Tammany Lam =
uage used recently by Postmaster v
eneral Farley in virtually accusing Ia
II business men of being gangs =
srs." The resignation of Undersec- u
staFy-of-the-Treasury Coolidge TO u
fsed attention sharply on the bud ;.
et. And the realization came that 81
the end of this year, on. the basis "a
present indications, the budget De
i'll be further out of balance than 10
fore. Particularly hard to laugh -,
( was the fact that no economics II
ID taken place in the regular gov az
nment departments. on
O. io'
There is a broad feeling on Cap co
u Hill that the country is at last de
fake to what continuous spending VI.
cans in taxation next year and -
" care 10 20 into the campaign
the spendthrift side Of this is 4
As one speaker put Il, blessed are
g little children COR they shall in
rit the national debt.
aae
Howls OF anguish are shattering
3 crisp winter air over the ma
MS capital That unwelcome, un-
Inted, and Inevitable guest has ar
ed, He ii TAXES. and taxes in
pital letters. aimed at the small
,0mes which IN the end must
ir the debt burden.
1e may have to eat at the second
lie this year, but his arrival. Con-
,ssmen concede dolefully. is un-
'ering some very unpleasant
Is for the people back home. III
first, the Legislators find that I
ST sources Of revenue which are
loaded with political dynamite
eady have been tapped almost to 4
limit These danger zones in
de taxing the medium income.
ond, they discover that unless
y do something about taxes, the
sngth for Imitation will grow by
1s and bounds. and imitation
I'D nulllfy the present trend to- Il
d recovery. Another considera-
/ is that federal spending this
r, despite talk of curtailment,
be the largest IN peace time
Ory for any nation.
he men in Congress who shape
bills are studying four methods
'aising the money to pay for
r spending spree: An excise
on processing to replace the in
dated AAA Ievies. a boost in the
S on incomes Of $4,000 to $780,
non-pyramiding 3 per cent
sales tax. and an in
Sc in the taxes on Individual in
es.
ie processing levies, the stu
s report. wouldn't raise enough
ey. nor would a levy on the
l0O-S100.000 income group. That
es only the sales tax and the
, on Mr.. John Citizen, who is
voter. Already taxes are taking
than one-ffth Of the nations
ne.
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