Show Industry And Government t That government ent is is dependent upon industry is shown shon in m a t forceful manner by the tremendous deficIt defier s that now faces tl t the e Federal Treasury as a result of the falling off in In- In Income income in income come taxes This tax loss Ii is s due to the sloWIng up of industrial 1 activity 0 birth re- re reduced reduced re reduced output from factories smaller for the th the wage age earners exe executives cutis es and Investors In investors estors It is obvious Ito to a schoolchild school child that industrial pro m i-m and govern govern- government government ment stability go hand in stand hand Any measures which discourage or de- de destroy destroy de destroy stroy industry immediately react on all the people py y heaping additIonal burdens on th taxpayer at a tIme when he is lea leapt least t able to pay pa Up to the present time instead of retrenching on governmental tl pen c pen pen- pen c to corr correspond correspond spond to the ability of the people to to 0 pay taxes wIthout real hardship l RC e a have hae hay ha e a gone merrily on increasing public burdens Just supposes suppose suppose our public utilities and railroads s which pay up upwards ards of ofa ofa ofa a billion dollars a year in taxes were tax e exempt empt publicly propertIes as many of oUr our socialist friends would haze have them What would happen hap hap- happen happen pen to the ta taxpayer Pressure is being beng be ng brought to bear from various sources to inject the gO moro more and more into busy business ness in competition with Ith ate citizens and taxpayers Carried to Its ultimate con the conclusion conclusion the the elimination elimination atlOn of private private who enterprise enterprise would finally pay the ta taxes es under such a policy |