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'From'wTueiday'* Dif'fr*HOW TO RAISE FUNDS.Wilson recommends th : ■ per-. war.operations ;;•:• -qiuch^as;,.possible by -tax levies,.=sa; • vtheji Galveston' News. .This, of coura :-:Tsvtq-i?reylt;?jii: the financial burden ' :ff- the: :Ti'3.t' : from. descending.. to a futu: y;^genera.tion, although in reality tl work ’.that is. expected to be done I : ; buy, army and navy is of as mult; ;:v.yaluei if not more, to future gener tionsas:to'''us. -. •••1 .. .But. Mr... Wilson , has in .zoind th; IxiJgb.j.. burdens which bave been b fiicted upon- .the' people of the wa ri^g: nations,; burdens which . the will attempt to shake off by emlgrn; ing .to the TJnited States as soon a tbe peace treaties will permit them, '.' •• The News thinks that one of th• benefits which Mr. • Wilson’s pla , would ..confer ■would be to preventhe inflation : of credit by the is suance of bonds , to a great amouni ■■.•'•.acd ;. to . cause private economie ■ .which. pur ..present .situation makehighly, dejsirs.tfe.’'” -• • ' - Tt is true that if a great bond issu • is decided upon the money to bu;the bonds will be immediately avail able, but It is not so certain that be cause we have a great deal of mone] we shall be unnecessarily extra vngant.On the other band, the taxation which always falls heaviest upon 4hlt; poor people, the wage camera am those who have least with which tc buy their dally necessities, will m. almost unbearable should we try tc raise the enormous sums which an demanded by taxation.As the News says, the bond? should be in such small donomina tions that even the poorer people will ^iave /the means of contributing something: toward the national effort. As the bonds arc not to be sold at an American profit, they will be a patriotic, method of helping the government without looking too touch to the returns.Those who have money to loan oninterest will naturally not look upon the bonds as a desirable investment. The rate of intercut THay be an low sr three per cent, and any man who has money to loan in such times .can readily get more than double that oven with safe loang. i There are many methods, of taxation which may lo resorted to in Milsemergency. The usual plumb taxes-of the internal revenue department i will be increased, and other bow-and sometimes cx'«»jj«.,raH?ig—. mum duties will be dov]R«.lt;i.The stamp on b«er amwhiskey, mi tobacco, lt;m cK'wlis,gum, on Iwtet hvUcIcb, and tvw‘^p^bjeh, - fg lutfC ,‘‘rtf7n nu doubt hn »?.lt;!. ami ear*Unn a jfrrjtt indulge* in any furt of dftfafpaUnn he nmy fee] that. ho j aiding the so^nmienf to ilmf mNaturally of the ft rat filing fo from eireulajjnn w*J|h** gold. which wjii hat a profiling and wo tn^y even so1 tfin “shipplarders of the Civil Wa peri oil fiiicincr t.bo place of the fa mHiar riftne- and q narforn.But or oil though our credit IKomi, w** iHivmhl not ?hT'irh if tmfftfr Not only t horio who arc iiovliving, hut those yol 7.mbonj niaj havo to pay their slmro of (ho pree onf, M'^r taxc^. a?jrj Hio:io who arlt; looking forward m Hi?: land of pro hi tec4* ?if?rOjfs tin? acaa will bar* f( pay thru 'hare of tho CnRi *f fhh vvar.All arihJoH of lirnipohoMnfjress^iUwiii £A opr nii well frflt;i anti olothlr\H,. Alicaily ^oino ronl opera tonhave i^en lor °prico fixing4Hi violation of thn Khcmian law, amthoro will nr? rlonht ho many morrto £01 rich qmc.V from a n,i tion’s neccfiajties,Aflflod to the ofhor poor rrian'f hunlcns, 1o raisao a iar^ sum hy fas levies wowlfl he nnjoNt and should not be eonRhlererl. V\'c who have tr suffer the bunion and the heat ol the day should not be compelled tc pay all the cost of this war, which !s befn# wager! to free the nations of the earth from the grasp of the spoiler and to make the United States a good place to Ifvc in.
Newspaper Details
Laredo Times
Laredo, Texas, US
Sun, Apr 15, 1917
Page 4
Full Page
Clipped by
Aureo V.
USA 15 Mar 2023
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