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Show E : ENand EN and HEAR HEARaroincftie HEAR'J around aroi/ncft/ie aroi ncft ie aroincftieriOML / rbe / 'J J ' riOML IONAL CAPITAL CAPITALy ; ? y Carter Fieldus Field FieldWASHINGTON us /WASHINGTON WASHINGTON / WASHINGTON CORRESPONDENT l - Republicans Republ1cans In the thend thefad Ington gton nd senate are receiving recelvmg an anIng ang Ing g number of letters from fromG G 0 O . P . voters Inslstmgcbcal Insisting Inslstmg Insistingctical ctical cbcal expediency dictates dictatesg dictatesiking g up of the Republicang RepublIcans RepublIcan institutionrlters Institution Institutionliters [ s a mtional n'1t1ona1 n1t1ona1 ' liters rlters almost without excep- excep excepe cxcep.ke cxcepke - . e the ground that tho iro- iro iromg im-Ithmg im Ithmg - mg , both from their owninterests own owntcrestswhich tcrests-which tcrests which - which they gener- gener generstrue gener-hstrue gener hstrue - strue as the good of the theand theband -and and - the carrying carrymg out ofepubhcan of ofRepublican Republican -epubhcan epubhcan - economic idealsily ideals , ly to prevent the re election electionm electionidm m D Roosevelt in 1940 butnt but the elecbon clecuuii of ui . anyone aiy vu - - ny Roosevelt who w \ \ ill carr carry carryew . , Jew ew Deal pohciesy policies pohcies policiesUy Uy y thing tlung that holis holds the Dem Dem- Dem3rty - . ; party 3rty together a at t the mo- mo moany mo.bany mobany - . any of these vnteis \ \ ntel s msist mSlst , resence on the field of battleenemy battle enemy , the Republican Repubhcan par- par pare par-nfr par nfr - - e of them make the point pomt pomtold old truism that there arcRepublicans are areepubhcans epubhcans m tlie the United Unitedthan Unitedthan that thIs thIspubhc'ln thispublicin [ than Democrats-that Democrats that Democrats - pubhc'ln pubhcln ' country-is country is country - is no longurate long- long longirate - urate irate A A new new generatlon cinit ; nuti has hasvotmg * u ; > if voting votmg age , which has no notIes noties tIes ! rooted in the old tradl- tradl tradley tradi-iey tradi iey - ey insist mSlst , and apparently a arge auge rge ? majority maJonty of the younger youngerave youngerave ave very definitely affihated affiliatedie affihatede e Democratic party . I ? the often orten made statementpublican statement statementJbl1can Jbl1can Chairman John D M Mon Myon on about the tremendousS tremendousr tremendous ? r of Republicans Repubheans who votedlast voted . .last last . last election , nearly seven-fulhon seven fulhon seven- seven sevenon - on , is the bunk . , many of ofters ofpriters ters ! go out of their way wayrt wayrt | rt They point pomt to the fact factaremendous i emendous number of theseBhcan these thesehcan hcan " votes were actually actuallyqr Democrats who have no noateer nolhatever ate\er ate er \ for the Republ1can RepublicanHts 15 traditions or leaders Theye They | e Alfred E Smith , John W WBainbndge . | ; ; Bambrldgc Colby , former formerir formerr r James A Reed of Missouri Missouriough , , ough he never made a public publiccnt publiclent cnt that he v/as v as was / going gomg to vote voteed votered ! ed M Landon , many writers writersenbon writerslention enbon Newton D Baker . d Scrap G . O . P . fe e Is no way of telling how howemocrats howpDemocrats emocrats , unhappy unhJPPY : a aboutew b 0 u t tew ew Deal tendencies of theIr theIrvoted their.voted theirvoted . voted for Landon But everythe every the folks fo11.s fo11s . writing m recently recentlyg recentlytang g that the Republican par par- parScrapped parcrapped > - Scrapped crapped In order to oppn opf'n opfn ' aoad a oad for an effective conserv- conserv conservPPoslton conserv-opposition conserv opposition - PPoslton ! to the New Deal Deal'k Dealto ' | ' 'k k ' . to think a great many many"the 'i i "the the " . the opposition to bemg beingid bemgas as a Republican , or to giv- giv givand giv-c giv c - [ and comfort to a 1 levival eVlval of ofo ofLO o P , the theUlters writers \Ulters Ulters \ point outSed out , , d literally hterally millions of Dem- Dem Demrom Dem-fefrom Dem fefrom - rom ! jumping party lmes lmesof lines.tof linestof . of the letters mention mentlon such suchown suchpown own Democratic leaders asn-s asn s as asI I ' $ - Carter Glass and Harry r . r.fcf rfcf ' 1 Virginia VlI"gmla VlIgmla " , Millard E Tyd- Tyd TydMaryland Tyd-I Tyd I - Maryland , Josiah W BaIleyth Bailey th Carolina Carolma , and Walter Ft F . J BaileyJ of ) Georgia as among the therats thets rats ratsho who \\ho ho \ supported Roose- Roose Rooseorne Roose-ome Roose ome - orne tepidly and some strong- strong strongrely strong-rely strong rely - rely because he was the Dem-i Dem i Dem- Dem DemnomlIlee - nominee nomlIlee , running runrung against agamst a acan aican aicanout can canout out the national Republ1can Republicanpposition together'ot togetherot PPosltion Republ1canPPosltion ' ) to hold it together , of these letter writers be- be bethe be-the be the - the Democratic Democrahc party wouldhmmedJately would wouldimmediately hmmedJately immediately split spIlt into mto two twoi , giving glVlIlg the country the con- con conve con-ve con ve - ve and progressive divisIon divisIonnomiC divisioninomic nomiC lines lmes to which it IS ISand isI , and getting gettlIlg rid of bygone bygonelabels labels and prejudices whIch whIchno whichno no longer be permitted to be- be beour be-our be our - our presidential campaigns campaignsnany ng Corporations nany many votes are involved mvolved , so sos is sois isno no telling tellmg what lrongrcsso lrongrcss , congresso o about bout it , but there are amany a aany any individuals mdlviduals on CapItol Capitol10 CapItolo o think thmk the personal holdmg holdmgatlon holdingition atlon isly , inmany in many Instances , is isY Y moral and justified justifiedbest best demonstration is one d oned not happen But let us take takeSa takete "Gonehe Gonehe Sa of the author of "Gone Gone "Gonee " e Wind " That book came5t came came5t 5t over a year ago It is i ; isny Uy ny estimated estunated to have earned eameclilhon . Margaretn ll10n earnedll10n dollars for Margare Margaret ) , n " All AU AUof of that million mllhon was / ! v/asIn v asIn wasin in tv mostthe o 0 calendar years , most mostn ; the first And the govern- govern govern"U governU - - tI halftI " governtake take approximately approXlmately hal half halno ' no no one would object to the thecnt th ( ent cnt taking fifty per cent of ofOD'le o : t ome OD'le ODle ' of halt half a million mUllon dollar dollars ; dollarsIf -If If - if the income everyit came ever every ; ' it was interest on investec invested investedor gomn . or earnings earnmgs from a gomg ( ; here ere is a case where an auertamly au- au auerta1J1ly - - erta1J1ly from a comparative comparativiKiint comparativeInt Int , eked out an 3n existence existencetoe existencethe Inthis toe the ten or fifteen fi1teen years In ii'this iithis 1 this ' major opus was under whilatement whUetcment undoiction undercUon cUon . . Furthermore rurthermore , whUe 2 confoundedmost tcment may be confounded confoundeimost most mostauthors authors think it is ex- ex - exy y unlikely unhkely that the oWith ofWith writer o of producT producer With the Wind " will wlll produce Astter r highly profitable work As A tter w of ot fact , there inn is no in- in ir - ' n " it atit to date that she will a1 a1r at- at ; - . r ' idclLgaret to apply the corporation idclL idc : ; . . . 'Caret Caret garet Mitchell had Incorpora8 incorporatgovernment incorporat- incorporat - talcen taken Covernmcnt government would have tak- tak : - en per cent of that one m mi . - - - lion dollars-the dollars the dollars the - normal levy on cor- cor corporatlon cor corporation - poration poratlon earnings earnmgs . Tho rest couldhave could couldhave have remained remamed in the surplus , save savewhat savawhat what part she drew out for spend spend- - ing spending On that part drawn out In divi dIvi- dIvidends dividends - dends she would have to pay In Income in- in income - come taxes , of course , but she shewould shewould would escape the enormous sur sur- surtaes surtaxes - taxes ta-es ta es - . : that an Income of half a am amillion m hon dollars rates She could dis distribute dIs- dIs dIstnbuto - tribute tnbuto the taxes over the rest of ofher ofher her natural life , and the govern govern- government government - ment would be lucky to get $200,000 200000 $200,000mstead $200,000instead 200000instead $ , mstead of the $500,000 500000 $ $ , it gets withMargaret with withMargaret Margaret Mitchell unincorporated unmcorporated . . How It Works The point pomt here is that there are a agreat agreat great many people who have brief briefpenods briefperiods penods of very high earning earnmg power powersometimes , sometimes coming commg toward the end endof endof of a lifetime 11fehme , and sometimes very veryearly veryearly early . It is just possible , for e-- e eample ex example - . : - ample , that Shiriey Shirley Temple111 Temple \\111 111 \ willnever \ 111never never earn a dollar after she is ten tenears ; > ears old Or nine nme for that matter . Often a comedian or more seriousactor serious actor actor111 \\111 111 \ \ struggle in comparahve twenty years , as did didthe didthe the lato late Frank rrank Bacon , and then thenhae thenhave ha\e ha e \ a wonderful three or four fouryears fouryears years . Sometimes it is only one oneyear onoyear year . There are other forms of occu occu- occupatIon occupation - pation where the same thing thmg works worksout worksout out out1th , \ with \\1th 1th \ plenty of ups and downs downsmostly , mostly downs But the only way to toprevent toprevent prevent the goveinment gove11lment taking takmg half halfor halfor or more of the profits m good years yearsalthough , although not helping helpmg out in m bad badyears badyears years , is to incorporate mcorporate . _ To hear the testimony teshmony of the gov gov- government government - ernment experts e-perts e perts - . : before the house housecommittee housecommittee committee , and to read the news news- newspaper newspaper - paper articles about their testimonythe testunony , the casual reader might assume assumethat assumethat that the person thus mcorporatIng mcorporatIngactually incorporatingactually actually dodged all taxes ta-es ta es - . : In that thatparticular thatparticular particular directon dlI"ecton dlIecton " . . Let's Lets ' look atwhat at athat \\hat hat \ the government actually does doesto doesto to corporations corporahonsl 1 1In In the first place , it takes f fifteenper teen ! per cent of all net earnings earnmgs That ThatIS Thatis IS a fair sized slZed tax in m itself , more morethan morethan than one dollar out of eight In thf thesecond second place , the corporation paystwo pays paystwo two additional taxes to the federal federalgovernment federalgovernment government , on its capital stock stocknnd stockand nnd on excess profits In the third thirdplace thirdplace place placehen , when \\hen hen \ the corporation pays outdividends out outdividends dividends , they become the mcome mcomeof incomeof of the person receiving recelvmg them , and andare andare are subject to all income mcome ta-es ta es taxeseven - . : , even including Includmg the normal tax ta , fromwhich from fromwhich which pre/ious pre ious previous / to the last March Marchreturns Marchreturns returns they were exempt . . May Be Long Session SessionOnly Only a surprise move by PresIdent PresIdentRoosevelt PresidentRoosevelt Roosevelt Rooseveltruch , \ which \\ruch ruch \ may come but is isnot isnot not expected e-pected e pected - . : , can prevent the pres pres- present present - ent session of congress running runnmg intoOctober mto mtoOctober October . . Actually congress can adJourn adJournwlthm adjournwithin wlthm two weeks of any Tuesday Tuesdayon on which wruch the President lets theleaders the theleaders leaders know that he is willing Wlllmg for forcertain forcertain certain legislation to go o over unhl unhlnext untilnext next session This legislation m- m mcludes in includes - cludes of course the Supreme courtenlargement court courtenlargement enlargement measure measureThe The legislation which would have haveto haveto to be put over until next ne-t ne t - . : session sessionalso sessionalso also includes mcludes much of the govern govern- government government - ment reorganization proposal made madeby madeby by the President Mr Roosevelt can canget canget get part of this without wJthout any delay delaywhatever delaywhatever whatever , notably the half dozen dozenadditIonal dozenadditional additIonal secretaries secretarlCs he wants But Butcertam Butcertain certam phases of it would be fought fought.to fought.to foughtto .to to . . the death by senators and rep rep- representatives representatives - resentatives , some of whom are m mentire inentire entire sympathy with the PresIdent Presidenton on most of his proposals proposalsBut But if 1f Mr . Roosevelt should takethe take takethe the advice given glVen him by Vice Pres Pres- PresIdent President - ident John N . Garner before that thatastute thatastute astute gentleman left tor for Texas , It Itwould itwould would amaze every everyone one how quicklycongress qUickly qUicklycongress congress could clean up its odds oddsand oddsand and ends , clear its calendars calelldars of ofeverythmg oleverything everythmg to which there is no real realoPPosItion realopposition oPPosItion , and scatter . It has been apparent to every everyone everyone one with the slightest sl1ghtest interest mterest In Inlookmg inlooking lookmg beneath the surface that thatcongress thatcongress congress has been stalling stallmg formonths formonthsTime for fori formonths i months Time N Not ot Wasted WastedBut But meanwhile the time is no nobeing not notbemg < being bemg entirely wasted There arereactIons are reactions from the constituents of ofthe oJ the congressmen They graduallyfind gradually find out enough about home sent senti- senti sentiment ! " - ment to determine determme whether theydare they dare support or oppose certair certain certainmeasures measures They can appraise thevalue the thevalue value of trades tr 1des < they contemplate contemplatemaking makingThIs making This year , however , this watchful watchfulwaltmg waiting waltmg process has come prettynear pretty near to breaking all records , large- large largely - ly because of the two major pieces . . of legislation One of them , the Su- Su Supremo Su Supremc - premc premo court proposal . , Is a majoi major majorissue issue The other , government re- re reorganizatIon - organization , involves personal pol- pol politics - itics . And while wh1le they have hung back on onthiS this , with the senate adjourning adJournmg foi for forBntlsh British Bntlsh week ends , , and meeting only onlya a few hours-sometimes hours sometimes hours - sometimes minutes- minutes minuteswhen minutes - when it does actually convene , the thelabor labor issue has become becomo more im- im imporlant - porlant than anything anythmg actually on onthe the agenda . In holding holdmg congress in session to tobreak ibreak break the filibuster fillbuster that is certaii certam certaiiif certamif if the President P.resident . pushes his Suprcmi SupremrJ SupremrJcourt court plan , Mr . , Roosevelt is actmg actmgagainst against the advice of most of hi ru . friends and party colleagues (0 0 ( Bell Dell SyndJcatoWNU Syndicate SyndJcato -WNU WNU - WNU Service |