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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 14, 1920, Lethbridge, Alberta .PAGE TEN THE LETHBRIDGE DAILY HERALD THURSDAY. OCTOBER 14, FARMERS _ (Continued iroin paga 0) ___ In the acquisition of free homesteads and .'cheap undeveloped areas. So far is the current annual return from actual production is concerned. It was shewn that the rate was very low .in- deed. In the casts of wheat growing, tie history of the majority of districts and prices are governed by forelgnjcuit to determine, becauso of too lav competitive figures plus the duty. So serious has the situation been deemed by company officials that pro- visions have been made so that in case of any serious roduction of the tariff it may be transferred into a sale warehousiug business. The average net profit on this class of turnover, Mr. Deacon said, averages seven per bent., but competition from the- railway companies' shops the duty paid oa raw material, makes It obvious that a reuioral of (be-duly would cut off the profits and bring iuto existence, conditions under wMch it wouM hd impossibly to operate the plant. In reference 1u the Manitoba Roll- ing Mills, he outlined the extension o( the business during the last two years, Including th.e Installation of an open hearth steel furnace tor making revealed clearly; that this phase of western agriculture at present must be estimated on the basis of an aver- over a period of three years. Also, It was shown that the purchasing power of agricultural pro- duction In terms jot those things so essential to the lite of the farm IT, had not increased even in face ot higher j prices born qut of the war period. Hi anything, at the present moment, it Jooi a larger number ot bushels of j grain and a larger number of pounds i of beef, pork and butter to imple- ments, clothing and other necessaries i than before tho war. Tho importance of 'reducing overhead charges to the very-minimum, if tbo agricultural In- dastry is to provo sufficiently atlrac- tire to induce the settlement and de- velopment of wide areas, still idie and unpeopled, was: made very; ''clear. The.demand for 'tariff reduction was continued and insistent at every point. On tho other hand, evidence submit- ted ou tho prairies, included sugges- tions of improvement In ihe applica- tion ami-collection of-income taxes. Wo wish to. conclude our statement with further emphasis upon this point Wo reiterate that with a more rigor- ous effort in adopting this syp (em ot federal taxation for Canada the government should find it possible through -a' direct tar on personal in- comes and business profits to raise at least 200 million dollars "yearly instead, of 64 millions -which was raised by the Dominion from there two sources last year. This is not an. unreason- able suggestion when the accomplish- ment uf other countries in the mattor of direct taxation is considered. It Canada raised; uer head of her popu lation, Ihs 'same amount of revenue by. a direct tax on personal incomes and business profits, as is raised by the people of the United States, we should have an annual return of 415 million dollars. Take the state of Wisconsin alone, "Wisconsin, as shown by the latest census figures has population of of which the .urban proportion is. 43: per cent, and the rural proportion Is 57 per cent. It it of the best, organized, agricul- tural slates In the From; the research legislative library Ma4. isoa, this testimony was given by let- ter to the Canadian Council of'Agrf culture., "There has been no difficulty in collecting income taxes from the i-.ural people of this state.'a'nd'in fact .they seem to rauclt prefer It to the In- direct method of taxation." This evi- dence is supported by the fact thai the state 'of Wisconsin .iii raised oSTer 4C .million dollars 6t-vfedera1 revenue from incomes and business profits If all Canada were to dp well as Wisconsin, per head of popu lation, we should 'be times as much federal revenue by this melhcd-as we did last If We' are to rto as well as Great Britain is per capita, we .684 pet year from income! and business profits. Even "Australia arid New Zealand, according Co the r latest records, have done nearly three times as Tvc-ii In this regard as Canada did in 1918-20.; Income Tax Administration -To improve the administration o personal income tax In this country, we .would make the following 'sugges- tions j': (1) Publish on the first page of the income tax forms a simple set ot Instructions, explaining in popular language, tho more technical legal .phraseology of the Income Tax Act. The 'government might also issue a booklet upon the Income tax, contain- ing the act intrdduced'by a brief his'- .tory" of this method of taxation in 'countries which have been mentioned. (2) Publish an annual blue book giving a comprehensive report of In- ,come statistics In Canada, similar to the-, report issued by the Internal Kevenue Department of the United States, government. (3> Make every adnlt who Is earn- ing a living in Canada, including the fanner, file a return of income. !n this matter, the same method should he followed as-: was adopted at the time ol the application of the Military Service" act. Every adult should he made to enlist for purpose of taxation. (4) As.In England, give the farmer the option of making his return on the basis of a three year average. Thin would apply particularly to those dis- tricts where, as we have seen, a fair estimate of net returns from produc- tion can only be based on a three-year period. (5) 'Lastly, extend the machinery for collecting the income tax to the municipal district. Tho local assess- ment fdca, as applied in Great Britain, Is tho basis for this suggestion, The income tax for federal purposes should be made a more intimate thing to our rural people. As It now stands, tho ma-hinery for collecting the in- come tax, centered la n few urban communities, Is too remote from tho farmer, to have (he best effect ns a revenue producer. Theos'suggestions are submitted in tho belief (hat UJs possible greatly to Increase) the efficiency and the results of dlrdct taxation In Canada, thus providing the very foundation of a new national policy for this Dominion. Cast of Manufacturers WINNIPEG, Oct. n. Deacon, prosidant of the Manitoba IMdgc and Iron Manitoba Rolling Mills company, and the Manitoba Steel and Iron company, Advocated the continuance of the pros enl protective tariff before this morn-1 .Ing's session of- tlio Tariff Commission si the ci'.y ball. j 'VVith regard 1o the Manitoba Bridge ond Iron Works, ho staled that with- I out protection or with any serious re-'! rtuctlon In the present tariff the busp i ness could not continue. Tim industry was established in employed 3M men, with an annual payroll of 000. On the bulk of (he product of the plant a Urlff of per cent, exists fact that the actual protection Is diUV steel from scrap iron. He outlined the to Canada during the war, which resulted from the manufacture of shells for Ihe Bri- tish government by steel factories, ana concluded by saying: "It would bo an act of national folly for Canada fji tho supposed interacts of. auy one class to destroy or erai imperil her own industrial lite upon 33 per cent, of her popu- lation unless wo consider ths lime has arrived for complete politi- cal fusion Kith the United States. I aiu opposed to tue policy advocated by the farmers and advocate the icy of tho retention uf a moilerato 'cus- tom tariff, v.'Wcb. will perform a double function of raising national royeuuo anil give of protection to Canadian ituustrles." During cross-examination by the chairman, Mr. Deacon attacked pro- vincial legislation which, he said, had framed on lht> interest oE the iarmics class and placed heavy bur- dens on the manufacturers ot the city ot Winnipeg. Ho referred specifically to th? Workmen's Compensation Aot, the compulsory Insurance measure, the Steam Engineers' Act and the Fac- tory. ail of-which, be said, con- tained clauses allowing ol the farmer bevig relieved of obligates being 1m. posed outnoniauufaclurers. BT hey 'S.' A. Cemmel of Selkirk; oVbehilf: of (hit (own, asked prswr.t tariff protection bo Wltioat this protection, he U would be impossible to develop the adjacent natural resources oC Selkirk.' Negotia- tions were progressing. said, for the o( BOTeral aro continually imiiosiug burdens oa j Industries in the town, bnt that with- the rest of the coiumuuity they i out the assurance protectioa eh do uot waut to carry he I their product these might locate. In the declared., (United .States. "This Tire (It's BUILT that all rf "OM.NION RUBBER You can buy Doming Tire, and Accassonas from from ;