Show I 1 ASKS REDUCTION JI 11 I 1 N TAX I 1 icador declares present burden Is ii injurious to td business I 1 waihing ton an billion dollar reduction lon in ili federal taxes was aa suggested in a statement here I nili I 1 by william 0 1 mcadoo cAdoo il for ner secretary of n the alio ti casary tile tho pres elit tax burden Is too great lie arid oal I 1 N till ill injurious effect on business sir mr mcadoo proposed prop omed that collic tion ion of a tax tn to 10 establish sta blIsh it sinking fantl for retirement of the lie war debt which wits recommended mended by former secretary class to begin with the fiscal anvar 1020 bo be postponed for two years and that tile deferred lay inesti of european interest be funded until Hi trope Is s in position to pay an its inte tnt crest reFit charges ib |