The Ontario Argus. (Ontario, Or.) 1???-1947, June 21, 1917, Page PAGE 3, Image 3

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    THK ONTARIO AltflUH, OXTAItIO, 0KfM)N, THrKSDA V. .11 NK21.1017
I'NOE.t.
ELECTRIC COOKING
Means less food shrinkage
It will help you serve and save
your country
Electric Ranges
Saves Food by Reducing Shrinkage
lnvesitgate the advantages and
economies of electric ranges today.
IDAHO POWER CO.
CONFIDENCE IN THE FEDERAL
RESERVE BANKING SYSTEM
llayrd an important 1'int iii the recovery of
InisiiM'NN from the adverse eondittoni follow
ing the outbreak of the European war. and
is .still helping to keep business on an even
iwtL - tmsmmtm .t or
This system, with itl immense rmourOQi.
in a lower of strength to the hanks which lire
members of it, and will assist them in am
financial rc(iiiiements which they may bo
called iimii to meet.
dUfMtittaf your money with ns yon
receive the protection and the new facititics
whieli mil' memhership in the system en
aides ns to offer you.
Member Federal Reserve System
ONTARIO NATIONAL BANK
GOGGLES
That Save Your Eyes
EVERY SHADE
EVERY SHAPE
( Just the thine for wearinir
when the dust blows or the
sun shines brightly.
ra
0. G. Luflhrs, Druggist
.
NEW SUMMER GOODS ARE IN
THE COPE PRESSARY
PHONE 106 W.
Always the hest. Long eelieiiee makes it .so.
Meh Brj Cleaning, Party !' and the
liner fabrics our Specialty.
FINE TAILORING SUITS MADE TO
MEASURE FROM $20.00 UP.
HOW SHALL WE
PAY FOR THE WAR?
A Constructive Criticism on tin
House Revenue Bill,
LOANS BETTER THAN TAXES
Piv Raaione why ImmIvi TaxM at
the OutMt of War Ara Disadvantage
ua Oraat Britain taample Werthy
af Emulation Haw tha Taxes Should
a Apportioned.
By EDWIN R. A. BBLIOMAN,
McVickar I'rofesaur of Polltlctil I'm
oiiiv. I'nlumlili University,
i On Mnv N, nl 7. the House if Rap
reaentatlve passed an pet "t provide
revenue tu defray war exM-u---- ....I
for iiIIht purposes" In tin- original
bill ai pri-senti-il by Ihe ( ' lll ml 1 1 - of
Ways and Means. Ihr h ll 1 1 1 . .iim I revs
una to lp derived was psttniatpd at II.
sin. rii.isi The amendment to I In- hi
rotne tai, which waa tacked on lo the
trill during Ilia discussion In tba House
waa expected to yield another H".""
OOO or $jO.(KX ).' '
lu dlai uealng tha Houaa bill, two
problems prise:
I How mm h ahould lie raised Mr
taxation?
II. In wbat msnner abould tbla amu
bp raised?
I. Haw Muh Sheuld B. Raised by
TbbsMbbI
How waa the llu-iire of ll.nsosai uai
arrived at? Tlia anewer la simple When
tha Secretary of the Treasury came IP
estimate tba additional war ripenaca
for tba yaar IA1T-IS. he calculnied that
tbey would amount te eome $t;.(i
00o!KiO. of which l.l.Ooo.OOO.OOO waa lo
ba slim led i l ha allies and fMOft,
000,110 waa to bo utilised for tha Bo
tuesll. purpoara Thinking that II
would lir a fall inopoalllou lo divide
tbla latlrr amu Iwlween loana and
mi. - ha concluded Ibat tba auioum
to be relsed b) lexes wpa llSW.OOft,,
000. Pljlllr3-5(MB
Tbrra ara two extreme theories. Mi h
Of which mnv ha dismissed wltb arant
rourteay 'Ilia one la that all war pi
peudlturea should lie deflated byTos'ui.
and ihr other la lhat all war expend I
lures abould lip defrayed by taiea.
Kb- li theory la uuteupblp.
It la liidiu-il una that the burdena of
loo war abould lie home by (he pre
ant rather ibnn ihe fulurp gantrptloti
but this does n.-t mean that they ahonM
be borne by tbla year'a taxation
Meellug all war expense-, hy taxation
makea the isxpuiers lu one or (Wo
yeara bear the burden of bcnetlle Ibal
ought to lie distributed at least over a
decade within the Bam genprsllon
In i In- aecoud place, when expendl
tun-B approach thp glgsutic iudii or
preeciit-dar warfare the la i only pol
icy wuiihl reitiire mora Ihau tbe total
aurplua of aoclal Incoiu. Were tbla
abaolulely ue. esaary, ihe euauiug Iim
iM- Iii ill- e- uiionilc life of the cuuiiuuul
ty wuiihl have tu be endured. Hut
where the disasters are bo (real and
PI the aenie time bo iiuneceBBary, tbe
tax-oulv m . 1 1 v iub) Im declared lot
practicable.
He. i clary M.-Adoo had tha right In
tin- i and highly comuieudable I Ma)
ape In lc. iillng that h aulislaullal por
tion at leaal of the reyenuea ahould
he derhed fioin laiallon Hut wbao
he bit upon the plan of 30SO ier ceeX.,
that la. of ralBiug mm half f all ilo
mealk MM expetxllture by laxee. UP
gupMtiou arlaea whether he. ilhl mrt go
to fur
The iclntue proporllun of loan to
uim Ib after all a pinch baa km
iroMeiilou. Not to rely to a In-
ten loaue at Ihe onl-ct of a war Ib
p mistake
DiadvantayB af Emcbhivb Taxaa-
The ilaBdjVSntaVJPP of PIPMadrp laxea
at the IPHXaPl of the ar are gp followB
1. Kxi-eaalve taxea ou coUBUUipllou
will caiiBe iMipular riwentuieni
'J i;nT.-iiv laxe on imliiBli.t will
duuirraiic IhihIupbb, dauip cuthunlaHtu
anil recti-n t the XflfU of euleipriap
the time when the opioniltt la
Ul-ilcll
;i. Kxceaalve laxeM ou iucoine ill '!
pletc llic Miiiplus available for im.t
menls Mini iulelfeic Willi the -l- illg of
the uuoriuous loaua In- h III a naopp
Bart in Buy t-vciii
4 KlieNBive p(a ou weiilth will
OBBM BHtioUB il I ill In ill i- -n of the lu
HBMI TMaB re ul peppPAl largely
drawn BBPB for the BUppoit ol pduM
tiouui gad phiiaiiihiopi- autprptiapg
Ifaraorpr, laaap puuretM --i auppori
would 1h- iIiii-I u- pie. laolj t I'--- unic
wlicu tin- in ..I --iiiii hp grcatoal
6. Excbbbivo taxation at tha outlet of
the war will reduce tha elastic ity avail
able for the inereaama demands that
are aoon to coma.
Great Britain's Policy.
Take (ileal BHtPUl M un .-i.iniplc
During tap int rBI oi i in- er abi
in. ic.i-e.l laiPP "i-l.v aUgbtlj in order
to keep il.illl-.lli. . .oilin -il lop ii'-l'h
i . id yaar pImj ralppd h
..ul.v '- lr t of hci wai
p During Un- thii.i yeui
i,,l bj aililliioiial lax.-
and gbova la ara-war aal) oai
sllfc'lulv more than 17 per cent ol hoi
wai epeiipe.
If ara PasVBsd attempt I-. Bo BMafl
...li of the n i- Ureal
Britain did In ihe Uilid year II
yaJaep t" raatg by tniatiou HJtOMU,
UUU If. in order to lie. slmoillely oa
the safe BUJ 11 aeeuieU advmable lo
lagBJaaap the sum to $l,.ri0O.0OO.OOO. this
abould. Id our opinion, ba the aiaxi
In cnniiideriii the Ippofttonnipnl of
fbe extraordinary Inirdi-n of taxe In
war time certain n lentlflc prlnelples
are definitely ratahllpaesj
How Taaaa Bhauld Be Apportioned.
(1) The burden of laaea mint lie
pread a fpr aa KBHlble over the
whale community ao as lo cause each
Individual to share lu Ihe sacrifices ac
cording to bla ability in pay and ac
cording labia share In lb Government.
(2) Taxea ou coiiHiiniptloo, which are
aeceaaarily borne by thp community at
large, ahoaM he Inipneed aa far a poa
plbla oa article of .piasl luxury rather
tbaa on thope of necepatty.
(!) Kxclaes Nhould be InitMMcil as far
aa popplble apaa oinmodltle-. In lb
bands of the final coninmer rather
than upon the article which aerv pri
marily pa raw material for rnrther
production.
(4) Taxea Umui ImimIiicms alioiild lie
Imposed aa far as possible upon net
earnings rather than upon gross re
elpta or capital Invested.
fS) Taxea apaa lucome which will
necessarily he severe should l both
ilifleii niialcil and cm. lusted That la.
ihcrc should be a itlstln. Hon lietwpi-u
canicil mid mo lined incomes and state1!
.Iiuiilil lie a higher rate upon the larger
in oiiui It Is essential, however, not
to make the Income into ao exceaslve
! lead In evasion, administrative
dlfTlciilltcN. or lo the more fundamental
objections which have been urgpd
hIkivc
"'i Tbe pxcpss profits which are due
lo thp war constitute the most obvious
and reasonable source of revenue dur
ing war times Hut the principle upon
which thPKc vt nr profit laxe are laid
must be equitable In theory and easily
calculable In practice.
Tha Proposed Income Ta
The additional Income tax aa passed
by the House runs up to a rste of i
per cent. This la a aura unheard of In
tbe history of civilised society it must
lie remembered that It waa only after
tbe Brat year of the war that Oreat
Britain lucreased hpr lucome tax to the
maximum of :il per I ent , snd tbsl
even now In the fourth year of the war
the Income tax doea not exceed 4'iVfc
per cent.
It i mild eaally lie shown that a lax
with rates on moderate Incomes sub
stantlally less Ihau In (treat lliilalu.
snd oa. Top larger Incomes about as
nigh, would yield only allghtly less thai.
fb $,"i3;.' OOO.otBi originally estimated III
tba House lilir" iE".. , "
Tt la to lc hop.-.l lhat the Hciiate wlft
rein, e Jbj ,''lsl rste. on tlie hlghcii lu
comer to .14 per cent, or at most to 4(i
per cent, and thai at the same time It
will reduce the rate on Ihe smaller In
cornea derived from peraoupl or pmfes
atonal earnings
If the war eantinuea w ahall have to
depend more and more upon tha in
come o. By impoaing ecaaeive rat
flaw w ara net only endangering tha
future, but are inviting all manner of
difh'oultio which even Oraat Britain
hoo baan able to oaoap.
Cencluin,
The House bill contain other fiiuda
mental defei-ta which may be summed
up aa follows :
1 1 ) It piiraiies an erroneous principle
lu lmiKMlng retroactive taxea.
I'J i It schs la an unjust and nnvyoik
able crllerlou for the exitsss-prorllM tax
(Hi It proceed to an unheard of
height lu the Income lax
i I- It ImiMBsea uuwarralileil burdens
Ukiii tbe conuuiMoii of the 11111
nin
(Si II I calculated lo lluow bucltiea.
Into confusion by levying taxea oa gT""
receipt Instead of iimhi couiuiuatll ie
10) It fall lo make a ro.ei use of
stamp laxe.
(a) It follona an una. leuiirt. aystem
In It flat rule ou lniirl
IM II in.liulca a mulllpllcily of iel
ty autl iinliicialive tales, Ihe vexatious
aeasiof which ia uit of all proportion lo
tba revenue they prod lev.
Detroit Vapor Oil Stove
This Stove Burns Oil or Gasoline
Yes, the "Detroit-Vapor1 stove works
like a gass stove. Simply light the burner
and set the kettles on at once. It has no
wicks. tTbe hot, smookless fire burns direct
ly against the botton of the cooking utensil.
When you see this stove you will want one.
They sell at very reasonable prices. Come
to see this wonderful stove.
Ontario Hardware Co.
The fiiiiditinciiul Hue oil which the
lions.- hill .should he inodllled are sum
Died up helen II li
ill The 1111111111I of new taxation
should ! liinllcd lo 1 JaWWfl.OM II
al the ..nisei lo ll.Vaiissi.iMJt) To do
mole than thl-. Mould lie a unwise aa
it is unnecessary To do even tbla
would I" to do ni-.ic 1I1.111 baa ever
been done l. tu) IvIIUcd (intern
uienl In tune of si .
t'.'i Thg excess profits tax baaed upon
a BOiliui system uiitfht lo ield about
g-.IBI aa.(MM
Cli Ihe liieouie lux a h.-diile ought to
be revised with .1 lOWPTuxf f the rate
011 earned Incomes Im-Iow IU,Utg), and
with un analogoiia lowering of the
lutes on Ihe hl.llel Ili-'Ollles sO PB tint
10 exceed ;;i pat caul A carafBl ''
(UlatauB shows lliHl ;iu in. nine lux of
this kind would yield some pl.fJ00
mat uddltional
iti The tax on Prhlaki 11 ud toltgcvo
ollKhl to remuiii iipi.ioiiinaiely us II ia
with a Weld of gboul fj.ut.iaa (kbi
These llll.-e lllc toelllel Willi tile
siunii imh at peaaj the law lata of the
i.iii and with un Imprarad mi
loiuohilc tit. will yield our 11.230,
iNNI.iaai win. Ii Is the amount of 11
lllou;:hl .ltnlral.le
The gbovp program Mould be III hai
MB) with an apurorad acleatUI
tern II will do ii way tilth sluu.t all
of ilic ooniputlnli th.it are l.. m urged
sL-Hin-t tin- proapol ii win refrain
from Inline the consumption of th
uxir
It will throw a fur heavier burden
ipou the rl Ii. hut will not go to it..
pgtrellMM of . .nils- al 'on ll ill oil
vlule Intel fcrcie c Willi hi
will W(H-p unimpaired the i.il pi
11 II. 1 1 II) of III'' ' 'ollllllllUlly
It Villi c.lal'llsli Jiisi ha lame b
iKi-i-ii loan ninl laxes and will no'
succumb to ibis dauuer of approacltln.
either Ihe tax only hiI1cv 01 Ibe hat 1.
oaly polar) Above all. it will kee '
uadlailirled ela.ll. luarglu Which
oust ba more and more heavily drawi
ujmiii a tha tvar m- uwfla
EXCURSIONS
EAST
VIA
OREGON SHORT LINE
IMON rACIKK'SYS'lKM
Mhv IS, Ki. lit. 13, H, :m;
.1 line -j, ;,!. IB, u;. -jo. l':;, 27, :m);
July (. II, IH. J.'.;
August 1, s, 18, 22, 2Ji:
S. .tcinl.i- .'), and 12, 1!M7
Spffial low tart's tt l)iivt-r, Colorado
Sniii!;s, Omaha, Kansas City, (Chicago,
St. Loots, St. 1'inil, Miiiik upoliM,
Mcinpliis and mauv utlici- ioints
l.onu limits; diverse routes;
slop ii vers
Ask . S. L. Agents lor rates
and further detailn
THE UNIVERSAL
INSTRUMENT
Thirty yaara ago tba telaphona wpa a luxury. Today,
through personal Initiative and private enterprise. It has become
a necessity within tha reach of everybody Where onoa a busi
ness bad but one telephone with a limited talking raaga, today
that business has service with a range tbree-iiuarterg of a conti
nent broad, and every branch of every buslneaa Is linked to av
ery other by an liitrcouiinuulouting telephone system
Tim telephone bus earned Its responsible place and there ara
now x, 11011 mm li.-ll tei. phones in this country, over which go
2. 000,000 tulkx dully.
Kver) liell Telephone ia a Ioiik; Distance Station.
Malheur Home Telephone uo.
Horses Wanted
War horses 14. :i to 15 hands high, rid
ers, cobs aild artillrn animal-, full
aged, five to nine years .sound. Also
mules. Prevailing priei See
A. McWILLIAMS
ONTARIO
OREGON
i
!