Indianapolis Times, Volume 36, Number 118, Indianapolis, Marion County, 24 September 1924 — Page 9

WEDNESDAY, SEPT. 24,1924

ILLINOIS SECTIONS •WELL ORGANIZED BY PROGRESSIVES Democratic and Republican Supporters Delay Starting Campaigns, By LOWELL MELLETT Times Staff Correspondent. ROCK ISLAND. 111.. Sept. 24 —ls Bloomington. Moline and Rock Island are fair examples, the progressive campaign is attaining the same sweep in other parts of Illinois that it is in Chicago. "What politics there is hereabouts is La Follette,” according to a local editor who is not supporting La Folletfe.” "I mean." he explained, “that the other folks haven’t got started yet." This seems to be the situation in the other two cities named. National campaigners for the Republican and Democratic tickets have not come into this territory and the local leaders and followers haven't got a campaign for those tickets started. This is strange less than six weeks before the election, but there is every evijfcence of its truth. There has been Pno rallying or parading. No public speaking except by La toilette workers and only a little by the latter. In each of these cities the nucleus of the Independent movement is organized labor, but the labor men have drawn in Progressive leaders of other kinds. Heading the work here is a judge on the Circuit elected on a non-partisan ticket two years ago. In the Bloomington district one of the most active La Follette workers •is the Democratic nominee for Congress. To’ carry these districts, which it is predicted he will do. La Follette must obtain mostly Republican votes, since even organized labor is largely Republican, but politicians of the latter party are free to admit that votes are going over to the Independent candidates in Shoals. They admit this even as to the farmers. who compose the bulk of the voting population.

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No Buckets Ever for These Mops

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ETHEL HOWE AND MAJA BROWNLEE

In the minds of many folks, a nu-p may be something very unpleasant, but for Shortridge High School students it is a synilW of loyalty. Every true Shortridger is proud of the hlue and white crepe paper emblem. The picture shows Miss Maja Brownlee. ,'>47 E. Twentieth St., a junior, presenting one of the mops to Miss Ethel Howe. 303 E. Nineteenth St., a freshman. The co-eds wave the mops at athletic contests. M'ss Brownlee is chairman of the program committee of True Blue

Club, a booster organization for girls. Miss Dorothy Lambert, booster chairman, has charge of making the mops, and selling candy at games, to make money to give a banquet for th ise who have brought renown to the school. The club is unique in more ways than one—it haa two presidents— Misses Hilda and Hazel Miller, twins. Miss Elsie Hancock is big sister chairman. Miss Addie Axline, secretary, has written a boster song which expresses the “sentiment of the mop.” Here it is: There are roep. In every homestead There are mop? ail over town. For the mops we have at Shortridite Are the mops ol (treat renown They are mops we use at bail games. To show our colors bright. They are mops to help us conquer Shortridie olors blue and white. Chorus— Keep the mops a waving While our teams a play.n*. Keep r.p the pep and fight Till the boys do rerr Keep our colors showing While the team is scoring. Showing them our colors true TiU the game is won. Mrs. Della Thompson, dean of girls, is boing assisted this year ; by Miss Ruth Ewman. BULLOCH RAPS STALL EXPENSES .Democratic Nominee Cites State Tax Law, By Tltnr* Pprc{ul \ COLUMBUS, Ind.. Sept. 24 —Dr. Oarleton B. McCulloch. Democratic nominee for Governor, in speaking here today, further discussed the great Increase in State expenses which are causing the burdensome taxes inflicted upon the citizens in the last two administrations, gave in detail a comparative showing. He spoke as follows: Administration of the Republican State tax law has wide ramification in our State government. Aside from its direct influence on the taxpayers In increase In ta.xes over the old Democratic law here is 1 one result of the law not generally , knewn. ’ nder the Republican law the Ste departments and insurance and tax boafd were taken from the vlnce of the State auditor and set as three distinct State departments. Under the Democratic law and as the law operated in 1916 under 1 Democratic rule, the State auditor’s | office had jurisdiction over the insurance department, banking department, land department and tax board. According to the report of the State auditor filed with the Goveri nor in 1916, this entire department, including the auditor’s office, cost the taxpayers $76,215.90. The State tax board cost $15,535.10. Os this sum the insurance department was administered at a cost of $18,064.57 and the banking department at a cost of $36,878.52, a total for the two departments of $54,933.09. CASH SAYS HE LOST CASH Police investigate Story of Robbery —Names Five Men. Police are investigating a story told by Sam Cash and James Van Cleve, 601 S. New Jersey St. Cash said five men gave them a drink and took the m o the home of Mrs. Lizzie De Moss, 152% Douglass St., where they robbed him of SIOO and a watch and took a check for $99.25, a knife and papers from Van Cleve. Police arrested Joe Flynn, 29, of 438 W. New York St., and William Ford, 23, and Thomas Ford, 31, both of 743 W. New York St., and are searching for two others. Benevolent Mrs. Smithers (who has discovered a youthful burglar in her dining room) —Young man, instead of sending you to jail, I’ve decided to give you another chance. Burglar—Thank yer, mum, thank yer. Only when yer do, mum, will yer see that them chairs ain’t In the way 7—Life. >

THE INDIANAPOLIS TIMES

FINANCIAL INTERESTS EVADE SHARE OF GOVERNMENT COST —— By ROBERT M. LA FOLLETTL

This is the sixth of a series of ten articles dealing with the outstanding events in the life of Senator La Follette in the last twelve years. History of finance and the Government in the years since the war has been one unbroken record of attempts on the part of the large financial interests to escape their due share of the expenses of the Government. Too often the Government has exerted itself to assist in the evasion. A clear-cut, concrete instance of this sort of thing had its beginning in September, 1921. The revenue bill was under consideration by the Senate Finance Committee, of which I was a member. A provision inserted in the bill was represented as designed merely to give American capital invested in foreign countries a fair and equal chance with competing foreign countries. The case of China was offered as an example. There, it was declared, our capitalists in establishing trade relations were in direct competition with English capitalists who had the encouragement and protection of the British government in the form of exemption from the income tax of profits made in China. Through oar representatives abroad, it was argued, we were expending enormous sums in an organized effort to extend our world trade. A good deal was said, too. about helping establish good relations between our Government and foreign governments. The whole subject was invested with a fine spirit of national advancement. What was wanted, in brief, was that our Government should exempt from the income tax ail profits, or a

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large share of the profits, made by our capitalists in foreign countries. That was the effect of the provision which appeared in the new revenue bltf. Having opposed it unsuccessfully in the Finance Committe. I took the fighe to the floor of the Senate when the bill came up for passage. I offered an amendment striking out the provision described and spoke, arousing some interest. The discussion was taken up by other Senators and continued a day or two. One fact that struck in the members’ minds was the statement, obtained from a treasury expert, that the exemption sought would mean a loss of $300,000,000 in revenue to the Government. Administration Helping The Administration, it was clear, was behind the bill, but Senators McCumber and Brandegee soon found they were beaten. My amendment was adopted and the revenue bill passed without the obnoxious provision. Later the conference commttee had this struggle, over again, but the provision was kept out of the revenue bill. That did not end the fight. Money never stops" fighting for itself. The precision showed up again in the revenue bill presented to the House in the last session, but it was defeated. It w!JI be heard from again, without doubt. Now what was behind this? First there was falsehood behind it. There was the falsehood that Great Britain was doing this service for her capitalists. At the time of the Senate fight, after considerable search, I was unable to find any law exempt-

ing English capital invested abroad from the payment of the regular income tax imposed on English capital invested at home. I called on the Senators favoring the provision to cite the English law, but this they did not do. Since then we have ascertained beyond question that English capitalists. investing their money abroad, are not freed from income tax on the profits obtained. So much for the misrepresentation of which the exemption advocates were guilty. Now, why was this exemption sought? The Blain purpose of Lhese big American capitalists was to escape the income tax by withdrawing their investments here and placing them abroad. They bad been gorging themselves on war profits and now the returns in the domestic field ceased to look attractive. They had visions of 100 to 1,000 per cent profits in China, Russia, Mexico, and they proposed to keep every cent of it If they could bend the Government to their purpose. Country Suffering Our country was suffering under the heaviest burden of taxation in its history, as a consequence of the war. Legislators were straining their own ingenuity to devise new subjects of taxation and new meth--1 ods of taking taxes from the people, i Shops and factories were closed down. They needed capital. The great agricultural interests were in distress. They needed capita!. Yet ! in the face of this situation it was | planned to aid the project of the I capitalists to transfer their capital I into foreign investments, to encour

age them to do so by freeing them from taxation. Think of the honest opportunities for capital in this country, opportunities which these capitalists proposed to walk off and leave. The agricultural resources of America were hardly scratched. There was a demand for houses from one end of the country to the other. Investi- ! gation had showed that there were i 200,000 vacant building lots in New | York City alone, and nearly every | great city had a serious housing | problem on its hands. How to find capital was the question. There was I America’s vast undeveloped w'ater power waiting for capital, a natural resource incomparably greater than any these capitalists proposed going abroad to develop. Unemployment was general. Men needed jobs that they might live and support their families. Factories needed capital.# The capitalists, with the scent of rich foreign opportunities in their nostrils, held back their money. Our tariff policy was one of prohibitory rates, the avowed purpose being to encourage capital to invest in the , home industries, but these capitalists were not satisfied with this monopoly of opportunity at home: they saw even more fertile fields for their money abroad. There was another and very important consideration involved in the tax exemption proposal. The investment of hundreds of mii'ions ! of our capital—under favored condi- | tions—in the exploitation of foreign | peoples and the resources of their j countries, it seemed to me was a certain step in the direction of war. Re- ! member that every dollar seeking j investment in foreign fields, und .r j the protection of such a bill, would feel that it had back of it >ur Army and Navy—an additional incentive. by the way, for building up a larger Army and Navy. Foreign Fields Lure | The lure of such foreign fie’ds is j the lure of fabulous profits obtain-

able where conditions are undeveloped and Government is unstable. The very conditions which make such ventures profitable make them dangerous, not to the capitalists, but to the people who must furnish the men and the ships to protect the investments. If there is no conflict between our capitalists and the people of the exploited country, there is almost sure to be conflict between our capitalists and the capitalists of other strong nations. Especially can this be expected where one group of capitalists is operating under more favorable terms than the other. War bred thus then is war between great nations, not merely war upon a backward people. The great, big proposition that underlay this proposal, and that will nuderlie it each time it comes up again, is this: The rank injustice to the taxable property of the United States in the exemption of a part of it, in the deletion of needed capital and in the entanglements abroad that we would be led into. The bald fact is that our capitalists had so much capital that there was danger of capital competing with itself, thus forcing down interest rates and other profits obtainable. And the men who had this money were trying to avoid anything of that kind coming to pass. (Copyright, 1924, NEA Service, Inc) The seventh article b.v Senator I.a Follette will appear in The Times tomorrow. He Put His Foot Down The police emergency squad rushed to 837 Meikel St., when persons in the neighborhood heard a i woman scream. Arthur Foltzen- : logel of that address said he and his | wife Elva were having a little argui ment and that he stepped on her foot j causing her to scream. She said j there was “nothing to” the argu- ! ment.

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