Show National Topics Interpreted by William Villiam Bruckart National Press Dundin Washington ton D C. C 1 Washington President President took toot the country by surprise when he h suddenly dispatched Plan to n a message massage messa e to con con- Soak the Rich gross Kress ress risking for Cor a n anew anew new tax v ln that would have hare the same effect although In a limited scope of or the Ole the share wealth program advanced by Senator nucy luey Long and Father Coughlin the radio priest It may be said that the President not only surprised but stunned congress by the proposal It Ita was a mo e concerning which there thero has hns been forecast no-forecast no forecast and nud It has hns taken some gome research to show how It links with a other New r Deal reform plans But a link does docs exist Of Ot that there can be bo no doubt Succinctly Mr Ir Roosevelt elt has de de- demanded demanded that congress enact n a tax law that will n-m yield according to estimate something like annually It Is u designed to place the heaviest drain on the thc rich whether hether they be rich corporations or rich Individuals In terms the thc President observed ed that It was a program to tax static wealth and Increase purchasing power of or those not blessed with this worlds world's goods The Thc key k y to the program pro ram Is the tax on Inheritances and anti gifts These two taxes tues must operate Jointly If Jt they are areto areto to succeed at nt nIL alL If H nn an Individual of or wealth wants to avoid already heavy hea Inheritance taxes tates he be has only to give giveaway giveaway Ive away his property before b Core his death In Inthe Inthe Inthe the new new Roosevelt proposal those tho e who receive r these gifts would have to pay paya a tax tai upon them as they would on any other Income There Is n a question as asto asto asto to Its Us constitutionality but many able lawyers rs believe the gift Ift tax ta will be sustained by the Supreme court The second phase of or the th new tax bill boosts rates of or taxes on Incomes At present the tIle Individual with an In in- Income come cone of or Is taxed at exactly the same rate as the Individual having harln an Income of or Of or course the Income pays more total tax but the point Is the rate Is the frame Fame as on the smaller Income Mr Ir Roosevelt relt proposes that t the rate should be he gradually Increased above Just as It Is graduated from the lowest est Income taxpayer to those receiving 1 annually There seems to be belittle belittle little opposition to this particular Item In the bill although althou h It Is natural to t te expect e TIC ct that attempts will be made to alter that suggestion Eu since there Is Js a n school chool of or economic thought which Insists that tax rates can cnn be high hl h enough to discourage e Investments bringing a n return to the Individual of or a size large Inre enough for tor the government to take the bulk of ot that Income The third major Item In the Presidents President's Presidents President's dents dent's program provides for Cor a graduated graduated du sted tax ta on Incomes of or corporations Corporations now are taxed at nt the rate of 13 per cent of ot their net In Income In in- income come ome whatever It may be Mr Ir Roose- Roose vent Tent thinks this basis Is Improper He lie proposes to have smaller corpora corpora- corporations corporations pay only 10 per cent and that as the capital of or the corporations In in- Increase increase crease they be subjected to a n gradual gradual- gradually ly higher rate until a top of ot IG 10 Is applied on the Incomes of or the largest larget corporations Certain modifications or classifications were offered In this connection so that some types of cor cor- corporations corporations may not be compelled to pay the maximum rate The Presidents President's program pro am for tor new taxes was received without particular enthusiasm en en- enthusiasm enthusiasm In con con- More Groans gross except pt for a aThan aThan aThan Than Applause loud Amen by hy Senator Long In In- Indeed Indeed Indeed deed the Presidents President's message was right down Senator Longs Long's alley Th The Louisiana senator has made hundreds of ot speeches Advocating some parts of or orthe the proposal now offered by the Chief Executive Congressional reaction to the Prest- Prest Presidents President's dents dent's message Included more groans than A political campaign n nIs Is due next year Democratic leaders In many Instances face re re election It I does not require the services of n a soothsayer to tell you that new taxes ore are hard for tor a political poll candidate to defend Superficially therefore It would teem seem em that Mr Roosevelt elt was playing bad ball politics when he proposed a tax bill at nt this time Such is not the case Editorial conclusions by dozens of 1 f newspapers which understand the po po- political I situation In this country at this time are unanimous In terming It a Ii apolitical apolitical political maneuver Their Th lr conclusions are based on the fact that n a candidate seeking ln political office can go out and say to people of ot small Incomes Look what we are doing to the rich Thus It Is made flade to appear that a new wave wa 0 of the soak propaganda Is about to engulf eJ ns us Business Interests naturally are alarmed over the prospects Thou Thousands sands of or corporations have barely barcly been able to make ends meet In these depression years ears Now that there Is Isa a prospect for tor some additional business and meager mca er profits they are arc confronted with n Washington ton program of taxa tax taxation tion designed ned to go o beyond the present tax tu burden It Is true that some of ot them will wll willbe be Le benefited by lower rates but many man economists are of or the opinion that tha these corporations receiving the benefit of ot lower rates actually arc are In iu the Ole best bes financial condition of or any In the coun coun- try Contrary to the argument often otten heart heard the truth troth seems to be he that the tile smaller business entitles entities have o come through the depression much better than those units with great Investments and great capital funds The answer 1 lies In the fact that In the case of or the tho smaller corporations the lute stock usually Is s closely held and they are arc units for tor forthe he tho most part Individually managed mann cd In n the case of ot the larger corporations thousands of or stock holders have n a voice In n selection of or the corporate manage manage- management o ment meat and this management cannot bo be behalf half haIr ns as flexible as ns In Instances where the word or direction of or one man Is u controlling In addition small corpora corpora- I Ions dons are not subjected to great over over- overload overhead head load expenses like e the larger business bodies The large corporation must maintain Its organization and cannot even en when work Is slack cut down Its It fixed charges such ns os Interest on I debt and plant operation to the i same extent tent So So there are arc many who believe belle the thc high rate of or tax becomes becom I a penalty the main object of or which Is s to break brenk up large corporations Into smaller business s units The Republican national committee committees Is s sitting virtually asleep In Its easy chair but Mr Ir noose Roose- II Roosevelt velt's recent dial chat dialon chaton on a Hook Nook lenge lene of ot I court decisions d and his ils demand for tor constitutional revision j I is s not being allowed to die Every Every- I where around Washington opponents opponent of or the New r Deal are making m attempts to o keep that Issue alive Their claim claims Is s that Mr Roosevelt put himself on a I apolitical apolitical political hook when hen he offered criticism of or the Supreme court a co ordinate branch of ot the government They are ar are j I determined to keep him on that hook tr if t they can enn j jIt It Is Interesting to noto note how v Mr Ir Roosevelt observing a n bad reaction to toils hIs ils Initial statements concerning the decision has maintained silence on the point since It Is equally interesting In- In cresting to note how some s-ome of his main main- mainstays stays tays and advisers have kept the Issue bobbing jobbing up here hert and there throughout he the country Such men as Senator Robinson of ot Arkansas senate ma ma- majority lender leader and Senator ot of South Carolina Cn roll na probably the Presidents President's Presidents President's dents dent's closest friend In the senate have ha made speeches lately using much the he same tone and language e as ns did th tI i PresIdent Resident In that memorable morable m press preas con con- ference Every Iery I ery other administration spokesman o has done the same thing These speeches e together with the con corn Inual Jabbing and poking by New ew Deal opponents are arc serving str to keep tin the question before the country New I Deal eal opponents frankly are Joyful at athe atthe i ithe the he opportunity they say the President provided them In the meanwhile mt as ns said above tho the Republican national committee hat hart been doing doln next to nothing The con con- condition Is serving to build a fire under Henry P. P P Fletcher chairman of or the national committee and Is drawing criticism as ns well to Senator Hastings s I of or Delaware and Representative Bol Del Bolon ton on of or Ohio Joint chairmen of or the sen sen- senatorial senatorial congressional committee e. e Some Republicans are saying sarin that the Roost Roost- welt velt opposition Is being allowed to towander towander wander without guide or anchor and that hat a golden olden chance to gain Important j results Is being wholly wasted because I of or the of or these the two com com- I Considerable discussion Is being belm heard leard these thC'S days concerning the I Elty for tor getting new blood Into the tho national organization or and Its head head- I quarters My own conviction con Is that I Mr Fletcher Is due duc to go before long lit lie has hns failed Called to win the confidence of ot the several factions In the i lean party anti and has operated on n R dis distinctly i nothing do-nothing basis Neither Sen Sen- Senator Seni Senator I j i ator Hastings nor Representative Bol Boli Bolton i 1 Iton Iton ton has set et the world afire with po political po- po political po-I po Initiative or use of political op opportunity available to them The question naturally then Is asked j I I How ITow can enn the Republicans and the New v I Deal opposition generally expect to defeat de de- defeat defeat feat Mr Roosevelt for tor election re-election In 1930 1030 unless virility Is shown In the party leadership An old tale tule about the Blue Eagle has Just come to light It was not dis dis- disclosed disclosed disclosed closed until after the Prophetic Blue Eagle Ea le had been been Words W ord hurled under the avalanche of or a n Su Suo Supreme Su- Su Supreme I preme court decision holding TIA r codes unconstitutional The story In In- Involves Involves j I the patenting of ot the design Artists conceived the Blue mue Eagle as the NnA Insignia To protect It and prevent unauthorized unauthorised use of or the In In- Insignia InsIgnia Insignia signia the design was rushed through the United States patent office The design was then turned over to an artist j jat I ito at the patent office ounce with Instructions I Ito to make the necessary prints required I Iby by law lie 11 had proceeded only for n I brief brier period on the work worl when he ho let left lethis his desk to notify floury the commissioner of ot o patents of or what he deemed to he be a II mistake In the design degl n. n Ills Isis words were wert I prophetic He called attention to the fact that one wing win of or the Blue mue Eagle Eu lc contained more feathers than the other and added i Any bird built like that can only I fly In a circle I ITo I ITo To shorten the narrative let It be lIe said that the artist was directed to top proceed p eed with his work And let It be added the Blue Eagle did fly only In Ina Ina a circle e m I purer Da r Union |