Show WEEKLY NEWS ANALYSIS BY JOSEPH W labine little taxpayer not relieved by current revision program higher levies seen next year EDITORS NOTE when opinions are expressed in these columns they a are re those of the news analyst and not necessarily of this newspaper per released by western newspaper union TAXATION relief in retrenching 1939 many states have cut their budgets and many a congressman has preached economy but john public has yet to see his taxes cut indeed the mill run U S investor holding ta tax x exempt securities wm will be lucky it such exemptions are not outlawed next year reasons tor for neglecting john public are arc 1 his taxes cannot be cut without adding to big business burden 2 big business far from accepting such a burden has good reason to protest its present tax status the only apparent solution federal economy will go by the boards this year as U S expenditures for 1939 40 top the budget by approximately four probable points of the current sessions tax revision program are 1 reenactment enactment re of nuisance levies expiring june 30 2 repeal of the undistributed profits tax and substitution of a flat 18 per cent levy on corporations with in incomes above a year 3 deduction of net business losses from x VA g X V I 1 at ZA t SENATOR CLARK CAA was flying too high profits of three future years instead of one year as at present and 4 revaluation of capital stock every year instead of every three years probable net result mere fling of big business burden burde n and maintenance of present federal expenditures tures a situation which today brings complaints like the following anent taxes to the american petroleum institute standard oil of indiana reported it employed people in 1933 meanwhile paying in taxes this was enough to pay U S employees a salary of 2000 each standard oils complaint A busness business operated by workers is called upon to support even more persons performing functions of government anent expenditures democratic hopeful bennett champ dark clark mid dle grounder claims the one year old civil aeronautics authority already has a payroll exceeding the 52 year old interstate commerce commission which regulates the nations entire railroad system furthermore ther more to drive home his bis plea lor for retrenchment senator dark clark found CAA has more employees drawing federal pay than are employed by au all the U S commercial airlines which it regulates RELIEF recommendation C C at indianapolis a mr stinger his wife and nine children live in three rooms of an old butcher shop so rat infested he and a two year old baby have been bitten although ill mr stinger must stay awake nights to shoo off the rats C in texas counties relievers relie fers get no aid other than federal surplus his commodities and in one state food grants are one fifth the minimum standard food budget prescribed by the U S department of agriculture TAO ah d how the wind avind is blowing blo iving RELIGION sunday broadcast of church services has been banned by germany because radio is a government institution tic 1 I and the government is not a confessional or church body RUBBER southern farm chiefs predict idle louisiana sugar cane land will soon be planted to art artificial rubber which is simply a mixture of sugar turpentine ul and acids HUNGARY increased nazi influence in hungarian affairs is forecast following victory of hit lers party in the recent parliamentary election BUSINESS merchants association of new york reports increased swing to five day week tor for workmen I 1 C 1 I chios experimenting badly pestered legis legislature lattire has passed 82 relief bills since january 1931 yet still has trouble fl 41 monthly food grants tor for relief vary greatly with the states afulu ency including atlanta ga per month new york mississippi sis sippi california arkansas this startling picture of TJ S relief conditions was offered the house appropriations subcommittee sub committee as it began considering a budgetary request for 1939 40 the h report came from the american association of relief workers which reviewed conditions in 35 states and two territories hawaii and puerto rico principal recommendation was that federal grants in aid to states be continued as the only means of achieving a uniform and adequate system in a nation where relievers relie fers would otherwise prosper or starve depending on an their states wealth agriculture cotton condei conference ence forgotten fact by most critics of the new deals agriculture program is that international wheat and cotton production has raised tremendously the past 15 years closing the door against export of surpluses w without expensive government subsidies though regulated production produces a vicious artificial circle which upsets au all natural commodity price levels the blunt facts are that even with restricted planting in the U S 1938 1933 world wheat production set a new record of approximately b bushels while U S cotton exports are currently at their lowest level in 60 years one possible solution is a worldwide operative cooperative co scheme already underway are negotiations for a formal wheat conference at london to draft an international agreement authorizing export quotas and eliminating price cutting tactics facilitated by government subsidies with bales of old american cotton on hand when the current harvest starts and with the price to growers at cents a bale compared with the agriculture departments part ments fair price estimate of cents a worldwide world wide cotton agreement is also in the offing next september 5 representatives of 10 cotton producing nations will meet in washington tor an exploratory conference which may pave the way f tor or export quotas operating cooperating co nations argentina brazil egypt india mexico peru sudan soviet russia france and great britain the latter two for their cotton exporting colonies significantly absent from the list is japan whose new cotton plantations in china are wiping out another big U S export market ASIA mongol t buffers puppet buffer states are handy weapons for nations which want to fight without going to war other nations use them tor for shock purposes to bear the brunt of an attack which might otherwise hit close to home for 15 years both japan and russia have used the once glorious mongols of genghis kahn A CHUK LIC LAKE BOR I 1 CENTER OF TROUBLE J 00 LU az A D V RUSSIAN KUSSIAN JAP CLASH the 11 risk other peoples borders as buffers against the jap russ war which has actually been waging in asia for the past seven years under der soviet tutorship has grown the outer mongolian republic under japan a puppet ruler leads inner mongolia A sample ot of how such buffer nations can work was reported recently from tokyo in the lake la e bor region south of matchull Man chuli chull japanese troops reported 1000 soviet trained outer mongolian soldiers charged jap positions while russian fighting pla planes soared overhead always victorious by her own reports japan claimed 42 of the soviet planes were mue downed still unnoticed as it has been since 1932 the russ russian ian japanese war has probably probably reached an even more serious lluis stage than last years chang yufeng hill incident reason activity centers on the mongolian frontiers both japs and russians dislike to risk direct border incidents of their own but will be less squeamish about locking horns in mongolia |