The Waterbury Democrat., 1937-10-26
l BEHIND 1.-THE SCENES
 NVASf1IlN GTON AW AoDNev pUTcHER-' i Democrat washington ' Correspondent) ~.
Nothing Is Sure Except Death and Taxes-and That Taxes Will Be Raised to Balance the National Budget if and When.

Washington, Oct. 26--New and heavier taxes will be used to bal- ance the federal budget when and if.
 This predlctoin is made private- ly by most of the few persons who, if they do not possess clalr- voyance, are At least In the best position to size up the near future and to be informed aS to what will Do done about 1t. Nothing is sure, it, appears,
 except death and taxes which
 will cut Into incomes of from 9SO00 to- S20,0OO . year far more painfully than they are being
 tapped at the present time.
 Incomes ranging down to s2S0o are very likely to be affected, And It's practically certain that when the rates on these middle brackets are raised. Rll incomes over S20000 will iikewiae be suh- jeeted to levies higher than thcso existing. ,..
 Big Pile of "Ifs"
 All this s contigent on Roose- velt- Mofgenthau recommendation and act Of Congress. But the fcl- lows who have earned the right to be called wise guys In Washington, say it's inevitable during this Con- gresS, regardless of traditional Cap- itol Hill reluctance to raise taxes l1 an election year. The naked truth Is that its's harder to get Congress to hold down appropriations than t iS to persuaae 1t to pass Q tax bill. 7o 'F.e eI5
 Roosevelt has warned of high
 CT taxes frequently, as an alter
 native tO this or that. Re has
 even been rather definite, with
 assertions that federal spending
 will be cut. But AR you count
 them up, you'll find that his tax
 warnings have built up . large
 pile of "lfs," some Of which
 aren't matariallEing. Experience
 has indicated that except ln
 p0st.war periods government
 budgets tend to stay up, rather
 than 90 down. .', .,.
 Tho corporate surplus and caps ital gains taxes are another story, The administration undoubtedly will support exemptions from the former for small corporations while trying to fight off efforts of the "big fellows" to abolish tho tax completely. It is not yet sold on abolition of tho capital gains tax. ',
 Glad for TrOyanovsky
 sighs of relief are heard on virtually every hand with tho return of Russian Ambassador Alexander Antonovich TroyanoV- sky from his native land. N.' {,
 Q Troyanovsky probably is this
 capitals most popular AIiibataa.'
 dor. When he was summoned
 back Co Moscow last summer Q
 heartfelt though subducd groan
 arose from his numerous
 friends. Most of those friends
 know Of ono or more old Rus.
 sian AcauAintAnces whose fate
 was either none too sure---or ell
 too certain. Nearly alI of them
 feared the worst and they fear.
 ed that the Ambassador feared
 Che same. u.
 But it seems that stalln only wanted to confer with Troyanov. Sky-who onco was his envoy at Tokio -- to diHcuas Far NAatOrfA policy. And It's understood that the ambaSsador now rates aco- high in Moscow. D'ti wy. '
 (PreSent Russian foreign policy in the Far East b to lot Japan spend plenty of troops money and other resources In trying 70 conquer China, with tho convlc- ton that she will gradually be- come . weaker prospective feel A Loan for Italy?
 You may be amused to hear that prior to Roosevelt's Chicago speech tho Italian government was secretly trying to pave the way for c large loan from tho UnitAd States. But the report seems to Do reliable. -tr. ,
 Anyone who has checked tho Italian record both aS to war debts and private leans would naturally assume that such hopes were incredible unless they also recalled the eagernegs with which Wall street bankers have been willing 10 unolad such issues on the American public.