Show NE NEWS WS RE REVIEW YIE W peril seen for tax ax cut S soil 0 il control row due du e following the first blush ot of joy oy over the spirit of deflation which seemed to have been evoked by the commodity market price slump U S citizens began to realize that complications might set in most significant hidden gimmick behind the market skid appeared to be the development that the price decline might in the words ot of sen sell scott lucas dem III eliminate all possibility of income tax re dictions duct ions this year and that apparently was the cau call bious but considered opinion of the entire tax writing senate finance committee of which lucas is A a member sen sell owen brewster rep me also a finance committee member expressed a concurring view point ing 0 out ut that any appreciable gen eral price decline certainly would have to be taken into consideration by republicans in their tax cutting plans another member of the group sen sell harry byrd dem va said that it a decline of market prices develops into a business recession it probably would have a consid erable effect on tax reduction I 1 certainly tamly am not going to vote for any bill that would put the treas ury in m a deficit position said byrd while the senators statements re fleeted a good deal of pussy pussyfooting looting and at least a temporary surge of indecision with regard to tax deduc tion in the light of the market slump it was obvious that they were thoroughly concerned with this turn of events theory which set their tax cutting plans awry is that a continued slump of commodity market prices would bring down the national in come and tax receipts thus render ing any major tax reduction per ilous SOIL CONTROL state or federal 9 one of the springtime battles now shaping up in congress will concern the issue of whether the national farm erosion program should be federally or state controlled fireworks are scheduled to begin in march when the house agriculture committee opens hearings on a bill sponsored by rep harry D cooley dem N C which would turn over the soil conservation program operated by the agriculture depart ment since 1935 to state land grant colleges along with the transfer of author bety would go about 10 depart ment agents who administer the program in about 2 2000 districts that will provide a point of strong controversy as will the measure measures s provision for federal grants to help states foot their soil saving bills pushing the switch from federal to state control most strongly is the national farm bureau one of the most powerful lobbies in washing ton on the grounds that the soil conservation program would ac com more under state author ity the federal program has not been as effective as it should be so tar far the farm bureau contends but op ponente of the transfer counter with the argument that the states lack 0 AID BURDEN tafts plank sen robert taft ohio a GOP G aspirant to the white house started off another campaign jog og around the west by offering a thoroughly republican message calculated to appeal to a large portion ot of the western voters the united states cannot allow its foreign aid program to ize freedom at home he said in m chicago his first stopping place we should not be actuated by purely altruistic desire to improve the condition ot of a lot of other people who have failed for centuries to do the job themselves ak we want peace and prosperity throughout the world to eliminate a threat to our own freedom but it is certainly not worth while to adopt a TAFT foreign policy so burdensome on our own people that it win will destroy at home the very freedom we are try ing to protect there ws expressed a in major ajor plank in taft s campaign platform careful control of the foreign aid program in the pre eminent light of how it may effect this nation nations s domestic economy also it was consistent with his activities in congress where he has been making that theory felt with regard to approval of the marshall marshal plan U N PLUM to europe decision on where the united K h eions will hold its 1948 assembly meeting will mean that some euro city will get a healthy 50 million dollar plum tossed in its lap because the choice ot of a site for the coming meeting probably will involve that much money there is a considerable ferment ot of anxiety in the cities ol 01 pans faris brussels geneva or the hague principal contenders for the honor trygve lie U N secretary gen eral just back from a tour of euro cities has made a factual re port without actually recommend ing any one spot he did however narrow the field down to those four cities the 57 member nations ol 01 the general assembly decided at last fall s session to hold the 1948 parley in europe possibly to get away awa from the scene of their erstwhile futile efforts experience to handle the project satisfactorily currently operating under an an nual budget of 39 million dollars federal soil conservation service has 10 persons working ruth rith farmers helping prepare conserve conserva tion plans which the farmers may accept or reject so far it has prepared conserva tion plans for farms cover ing of the country a one billion acres of farm land |