Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1940-05-16

curities in installments after the war.
The balance would be considered
taxes and never repaid. AS I un-
derstand it, this forced levy would
take the place of personal income
taxes, both normal and surtax.
In his outline of the plan before a
group of army officers Mr.. Frank said
Is billion dollars could be made
available from these sources:
/. About billion dollars by cur
failing civilian expenditures for goods
such as autos, household machinery
and furnishings.
2. Approximately billion by cut
ting down civilian consumption of
non-durable or consumption goods.
3. Another 2 billion by curtailing
for several years replacement ex-
penditureS of business.
4. About 5 billion from individuals
normal savings, estimated at 10 bill
lion.
A year or so ago Assistant Secre-
tary of War Johnson outlined to
Congressional committee a plan for
having the government take over all
industry, transportation and COM
munications in time of war, but it was
never made public for fear it would
create too much uneasiness.
There is no question in my mind
that we are heading for war. 1t
may not come until after election but
one thing is sure, when it does come
our form of government will be
changed from democracy to die
tatorShip. Are we ready for the
change? Why must we get into an
other war that will inevitably bank
rupt us?
Politics and Transportation.
BY the close vote of 2O9 to 1872 the
House on Thursday, May 9, recon-
mitted to the conference committee
the general transportation bill, S.
2OO9.
The bill proposes system of reg
ulation of domestic water carriers
by the Interstate Commerce Commits
sion, which now regulates railroad
and motor carriers, to be administered
in such fashion as to preserve and
make available the inherent advan-
tages of each form of transportation.
1t proposes, also, special board to
be appointed by the President to
make complete study of our trans
portation problems.
mo legislation in my II years in
the Senate" Senator Wheeler said
"has received the careful, detailed and
thorough consideration that has been
accorded this BILL" which he looked
upon as ''the foundation upon which
to build sound and permanent trans
portation policy"
The bill had its beginnings nearly
two years ago, when President Roose-
welt appointed committee of six,
three railroad presidents and three
railroad labor executives, to make
report to him on the troublesome
transportation situation. One bill
introduced in this Congress, at the
first session, was based on this re-
port. Another was introduced by
Senator Wheeler, and still third by
Representative Clarence Lea. Ex-
tended hearings were held on these
bills, differences were ironed out,
and before the end of the session the
bill passed both Houses by large
majorities.
Because of differences in the terms
of the bill as it passed the Senate and
House, it was referred to an able
conference committee. This commit
tee continued to study the subject
with great diligence and finally, on
April 26, presented to the two Houses
a unanimous report containing those
features of the bill as to which there
was general agreement.
The failure of the House to accept