Show WHAT TILL THE S SMALL BUSINESS MAN FACES in his simple fashion peter cooper once said that the object of business Is to make money in an hon bon arable manner rh in sixty years the changes in the relation ot of govern 1 ment to business have made a big I 1 difference in the ways such a sen clment ciment Is received in less than ten years years the hazards of opening a new i enterprise have mu multiplied Iti plIed a dredford dred fold A man must face some discourage i ing facts when he plans even a I 1 modest enterprise business men know all the evils of excessive taxation and fear the tightening grip of governments I 1 municipal state and federal but they have been able to do little to check the oppression in one industry steel the taxes on finished metal rose 70 per cent in the seven years following the crash in 1937 this industry paid in taxes the equivalent of at one years pay for wage earners how did that help clear the wreckage ot of collapse if the toll has been so heavy on one established industry the burden on those opening a small enterprise has been almost unbearable thel the national association of manufacturers 1 makes the picture clear it found that in twenty five important I 1 industries for every dollar spent for pay rolls 43 cents must be spent for taxes the average for compan les es in these industries Indu Is a year in taxes tor for every employee such conditions tend to increase unemployment says the association increase the need for further relief expenditures threaten the savings of investors who have put their money into stocks and bonds and imperil the investments of savings banks and insurance companies tr TI short they make tor for general econ i amic insecurity 14 |