The Sauk Centre herald. (Sauk Centre, Stearns County, Minn.) 1886-current, 1938-03-10
sAUK CENTRE HERALD, Sank Centre, MINI.

SAUK {
flooded by the impounded waters.
This Senator and his associates,
who bought the lands on option at
ter they found that the government
was going to flood them, claimed
five million dollars. The federal
court appointed a committee to de-
termine the value OF the marble de-
posits and this committee last
week rendered an opinion that
they were worthless for commercial
purposes.
My readers will recall that on
June 8 last and again on January
10 OF this year asked for an in
vestigation OF iva and I made the
statement then that full and
complete investigation would un-
earth facts that would make Teapot
Dome look like mole hill"
iva was first conceived as a
flood control project. Later it was
decided to utilize the energy gen.
Grated at the several flood control
dams in the manufacture of fertil-
izer which was to be sold to farm
ers at cost. Such was the intent of
Congress but instead OF doing this
the iva Commission entered into
contracts with large industrial con-
Germs for the sale of the power gen.
Grated at rates far below cost of
production.
The Administration leaders are
going to prevent an investigation If
they possibly can do so and failing
In that, will make an effort to dir
ect it into harmless channels where
the whole thing will be white wash
ed. There Is group in Congress,
Democrats and Republicans, who
are determined to go to the bottom
Of the whole thing. This should be
done because we have already in
vested nearly three hundred million
dollars down there and it is going
to cost from three-quarters to bill
lion dollars before we get through.
The best editorial comment on
the Marble claims appeared in the
Washington News for Wednesday
Of last week, which read:
Games Over
Okay, Sen. Berry, pick up your
marbles"
The New Tax Bill
Ere this letter appears in print
the House will probably have pass
ed the new tax bill which is great
Improvement over the present law.
Economists and businessmen are in
general agreement that the social
ed undistributed profits tax and the
capital gains tax have contributed
as much to the new depression as
any single thing. The new bill cuts
the taxes on these two items almost
to the bone, substituting therefore
general income tax Of from 20
per cent to 16 per cent. The new
bin comprises $50 odd pages so it is
too lengthy to permit of my going
into detail. Suffice it to say, the
Senate will probably repeal both of
the above mentioned taxes in their
entirety and that will mark the be-
ginning of a new upward climb for
business all along the line, unless
we have some more tinkering with
the machinery.
The Universal ConscriptiOn Bill
Congress will shortly take UP for
consideration the so-called Hill
Sheppard Universal CONSUMPTION
bills which were originally spon-
sored by the American Legion. For
long time I was under the i'm
preston that something along this
line should be enacted but I find
that the National Defense Act
passed twenty years ago, gives to
the President all the power that he
needs in time of war. The new bills
would greatly increase that power
and virtually propose to place us
under dictatorship in time Of war
These bills go much further than
to take the profit out Of war. They
would empower the President to fix
prices for commodities, rates and
services; control industry; con-
script the management Of industry;
license all business, and so on and
so on. In substance the bills would
place America under a dictatorship
as complete as that of Russia, Ger
many or Italy. Under the operation
of either of these measures freedom
Of speech and of the press would be
abridged as deemed desirable by
the President.
Let us not forget that it is the