Evening Republican, Volume 19, Number 298, Rensselaer, Jasper County, 17 December 1915 — What Proposed Tax Would Do. [ARTICLE]

What Proposed Tax Would Do.

The Lake County Times says that President Wilson’s proposed internal revenue tax would hit the Calumet region to the tune of a million and a half dollars or more each year on the iron and steel industries. The proposed tax is 25 cents per ton on pig iron. In 1913 the district turned out almost 5,000,000 tons of pig iron and almost 10,000,000 tons of steel ingots. The last two years the output has decreased and normal years would amount to from six to ten million tons.