| Show I 1 our weekly washington letter I 1 ha washington january ath abe savings derailment department ot of tile the amerl american bankers association reports that on oil tile ot of last june the aling Oe deposits posits of oc the american people in the sav banks ot of the country totaled more than 23 which was an increase ot more than in ono one year I 1 the increase was in all sections even including the middle west anti far ar west this indicated prosperity in those sections reported by agitators to bo be in bad shape the increase in tho the east central section was 9 per cent and in the ato west central section was 5 per cent in one year passage of the new tax bill through the house was easy for the republican majority compared with the new bight in i 1924 characterizing the tax bill ot of that year in 1924 the sid ministration and the secretary ot of the treasury were submitted to severe criticism at the hands ot of the democratic and radii radii cal fusion group this group con 1 trolled strolled troll ed the situation arid and enacted in to a law a ine inea asur that the dent secretary wellon and a majority I 1 ot of tho tha republican leaders I 1 I 1 said eald was excessive ini in its surtax rates and would require amendment and adjustment in 1925 for the tax year beg nning march 15 1926 what tools took place placa justified tb the predictions ot of the republican adain admin administration 1 hill andl this year the house including loth both the republican and most all I 1 of 0 the democratic leaders have joined in passing a tax bill that in its essential features meets public approval personal exemptions have cave been increased relieving at least taxpayers with small incomes tile the bill now goes to the senate committee on finance where consideration ot of the measure beans beg ns january 4 1926 the congressional recess because 0 of the holidays is has given washington a a resting spell it has been evident not only at the capitol but in the streets in the city itself even those members of 0 congress who did not go have kept pretty much to themselves using the time thre to catch up w th the work which is always before them certain members ot of congressional committees ignoring the resting spell have been beena I 1 carrying on certain formal commit tee nork 1 1 10 the new congress be credit ed with a very earnest andi and sincere disposition to really make pr progress ogress on its calendar the act activity vIty ot of the house in in regard to tho the tax bill has J acreal already been noted there are indications already that the senate although a litte imore deliberate 1 may imitate the house program I 1 in the matter ot of the world court 1 triem u something um unforeseen foreseen de delopes ve lopes 60 the indications all point to a reasonably early vote vole on that all and important question abdo congress tn la so acting as is obeying an impulse which has bag originated with I 1 I 1 the people or is moving entirely on its ita own anit active is immaterial al the tact fact admit admitted tedi by al is that there is evident a f finer iner appreciation of 0 the importance ol of doing the business of the nation than lai been 11 is in recent years I 1 it is character characteristic istle of 0 president CoO coolidge lUge that once lie ile detects any possibility of a misunderstanding or misconstruction ot of any statement which he has made he loses noi time la in reaffirming his position this t M I 1 has been lately instanced in a telegram blitch he sent to tile iho farmers in ili their convention con in iowa from tile tho newspapers it was vas apparent that in some soine way an all impression hadi bad arisen that the president avd changed his mind and was inclined to consider it not accept it a pro grain tor for fixing or government marketing of 0 agricultural products I 1 in this emergency he lost no time in restating in ili a telegram over his own signature his position on this matter in the wire sent to the iowa farmers convention lie he said As I 1 have stated I 1 am opposed to government price fixing either direct or indirect or to government buying and selling farm products either directly or indirectly I 1 have I 1 not approved any specific pan I 1 believe however that discussion of 0 the surplus problem Is brining d t f terent ferent interests together on the principles at a sound plan to handle it and I 1 hope further conferences and discussions discussions will result in ili the working iv out of oc a sou sound ill economic m ic plan om which there will be substantial ab nb agreement among farm interests te rests I 1 trust your conference testy contribute to this endl A definite positive message or of this sort is one of the ana which is ot of I 1 vital importance ini in clearing this situation which Is in danger of 0 becoming befogged be fogged with careless expressions pres there can be no mistaking mM staking the att attitude tude of the administration as regards prohibition it is tor for enforcement absolute and une uncompromising om the question of wet states andl and dry states and thet mhd political value of the same has been entirely eliminated from consideration the sober mindell in washington who have given attention to this matter believe that the question runs tar far beyond ithe observance or observance nonobservance non of 0 A a specific law that what Is being fought out in america is the quest question ion of the integrity of all laws lawo |
