Show f f A Popular Issue f W ILLIAM G. G 11 MADOO DO 0 former forer secret secretary of the YV V V treasury declares he is not aol a candidate for the presidency fo 0 su succeed r Wood row Wi Wilson Vilson iso mm Nevertheless ess he talks suspiciously like a candidate as a he lie undertakes a n a discussion of the tax burden of the e people of the He has at least lest struck a a popular chord 2 unc nd one which is likely to figure in tho the campaign us as a aZ Z paramount issue He lie said sad j The Time present tax tax burden Is too great and Is ha fn having an n i 2 z injurious effect on business It I Is a contributing factor T ot or largo large proportions in tho time high cost of oC living Its Is tible t tendency y is to stifle new new enterprise and to throttle initiative tI It I f beth unscientific and Inequitable Inequitable In view I t of oCth tho approaching decline In our export trade trado with the tho thos s inevitable reduction in tho the volume of ot business in the coun- coun iry rv- rv a ry It I will wi become doubly Important to revise and to re- re taxation in fn order that business may not have to tov toz v z 5 carry carn an aim unnecessary tax burden throughout this period perio of or readjustment I It t iI e proposes a billion dollar dolar reduction in feder federal t taxes es This is is' the time most popular cry cr which has hI been raised in m recent weeks and hence will wll be regarded as f carrying political significance But s since Mr McAdoo himself says SUS he does not seek eek the presidency he lie will wil to be b given tho the benefit of the doubt an and regarded asa Sa a sincere champion of one of the most pressing is- is f 5 sites s tf Pt the day High taxes arc are making the recon recon- st period more and more more difficult lt to n negotiate Mr McAdoo recommends is 15 consummation doto dc- dc a 1 de yo Uy t to be wished for |