Milford chronicle., 1952-02-15

best to abide by the law, unreasonable and
unWOrkable as the law may be-and that
many concerns have suffered severely in a
financial way as a result.
&1ONG
JOHN MARSHALL SAID 1T ALL
Karl Marx, the intellectual father of COM
munlsm, devised a ten-plank platform where
by, he believed, the capitaliStic or free enter
prise economic system, with it's right of
private ownership of property, could be de-
stroyed. Two of these plans dealt with tax
alton and ran as follows: l. A heavy prog
ressive or graduated income tax. 2. AbO-
Htlon OF all right of inheritance-that is, a
100 per cent inheritance tax.
We have not yet reached the entire COM
munlSt objective, but we have come an Omi-
nOuSly long way along the road. Today the
tax on individual incomes runs to a high of
" per cent-and its minimum is 222 per
cent on incomes of not over $4,000. The cor
pOratiOn tax is 50 per cent, to which 80 per
cent more is added for so-called "excess prof
It's. And the inheritance taxes are very
steep.
1t is this situation which has stirred up
so much support for a constitutional amend
ment to limit the taxing power of Congress.
The proposed amendment fixes the rate at
70 per cent, and provides that it can be
raised to higher level in the event of such
an emergency as war. The whole idea is to
force economy and efficiency on the govern
ment by COnstitutiOnally depriving it of ex-
cesslve amounts of money. The cloth would
have to be cut to fit.
Destruction of free enterprise and truly
representative government can be accom-
plished by drying up the economic resources
that maintain them. That is what our insane
fiscal policy is doing now. John Marshall
said 1t all when he said that the power to
tax is the power to destroy.
C1O&G
SOCIALISM THREATENS FREE LABOR
The New York Times recently carried an
article which said that Frank w. Jacobs,
vice president of the international Brother
hood of Electric Workers, had repudated the
unions former support of government elec-
trlc power development, and that the union
is definitely shifting in favor of private own
ershlp. Mr.. Jacobs declared that the public
power program "has been extended step by
step to the point of peril to legitimate free
enterprise and free labor" He added that
the IBEW had learned through bitter ex-
perience" that labOr's rights are not pro-
tected under sOcialized power.
A short time ago the Chicago Federation
OF Labor, which comprises some 500 local
unions with membership of 100000, re-
pealed one of it's constitutional provisions
advocating public ownership of power gas,
water, telephone, and local transport facili-
ties. The Federation president said that his
organization is for "free enterprise from top
to bottom"
In recent years, a number of other unions
and individual labor leaders have expressed
similar views-and some of them were hot
and heavy for public ownership of utilities
in prior times. What has happened is that
I9hOP iC llVy TO,
dom can be maintained only if free enter
prise is maintained. Regardless of all diff
erences between labor and management, the
two freedoms are peas from the same pod.
When socialism destroys free enterprise, free
labor dies with it.
In all the communist countries, labor has
been enslaved-and socialism is but milder
form of communism. All elements of a ma
ton must be free or none will be free
5000
SNATCHING BABY'S CANDY