5.
TODAY
OF TAXES UNLIKELY
OTHYI
Time Required to Bring About
Needed Changes.
I D A L T
REVISION LATER ASSURED
THE SUNDAY OREGOXIAX, PORTLAND, SEPTEMBER 11, 1921
HE0IE1F0I
ON!
Refunding of Ilbcrty loans and
Billions Owed Abroad Held
JTecessary Preliminaries.
ET MARK SULLIVAN.
WASHINGTON. D. C Sept. 10.
Bi ecial.) It i3 not easy to make any
dependable guess as to what will
come out ot the various conflicting
proposals for the revision of taxes.
Kome of the men who have ld-enti
fitd themselves with one proposal or
another are persons whose plans It is
difficult to determine. Probably the
best judgment is that no drastic
change in the form of our taxation
will be made this year, but that next
year some fundamental changes, such
e-s Senator Smoot has proposed, may
reasonably be expected.
One of the underlying factors
about taxation is that, first of all,
the distinction must he understood
between quantity and form between
the quantity of taxes to be raised and
the form in which they are to be
raised. On the 'Part of those whose
will is most likely to have weigh
there is a d-ecided disposition to de
cry the idea of making any drastic
change in the form of federal taxa
tion during the present year. We
now have a tax collecting machinery
In motion and moving with the ef
fectiveness of some years of practice.
Change Now Inexpedient.
Doubtless a different machinery,
like Senator Smoot's, would also
bring the money in, but for the pres
ent there are conditions that make
it Inexpedient to change from one
mechanism to another. There is no
time to turn around. Secretary Mel
lon of the treasury department has
said that it would take five months
lor the tax collecting machinery to
adjust itself to any change. Inas
much as the senate can hardly be ex
pected to pass any kind of tax bill
before November the probability is
that this argument of time will weigh
heavily.
What is likely to happen is that
the tax ibill passed this year wil not
be greatly different in form from
the tax law now in operation. The
house draft for a new bill differs
. from the existing statute much less
fundamentally than Senator Smoot'8
proposal. It Is likely that the new
bill to be passed this year will not
vary greatly from the bill as it has
already passed the house. There
after, the plan will be to make a
new and thorough-going revision
liext year a revision which will go
to the heart of matters, which will
probably introduce some form of
sales tax and will greatly reduce the
amount raised through the income
tax.
Before any real revisioni of federal
taxation can be made three things
must happen, and it is hoped that
these three things will- either happen
or be brought about within the
coming year.
Loan Refund Contemplated.
. The first of these is the re-fun-ding
of the liberty loans, so as to give
them a much longer maturity. The
present maturities of most of the
liberty loans i9 very short. In. the
contemplated refunding operation
these maturities would be extended
to as much as 60 years on the theory
that it is not fair to make the pres
ent generation pay the entire cost of
a. war which was fonghit. in part at
least, for the benefit of the future.
This refunding operation should re
sult, if conditions are favorable, in
some reduction in the interest rate
and a considerable reduction in the
sinking fund payments. This is the
first of the reductions in taxation
which will be effected some time,
eurely, and which it is conceivable
may be possible the conning year.
The second thing which must hap
pen before any thoroughgoing change
can be made In our tax collecting
maenmery is- the refunding of the
$10,000,000,000 dollars now owed us
by European governments. These
loans are now in a form analogous
to demand notes. Obviously this is
an inexpedient form, . because the
debts could not possibly be paid if
the United States should demand
them. In fact, our debtors have not
been paying the interest on these
loans and there is now an accumula
tion ot la per cent overdue interest.
The annual interest payable on
these foreign debts is half a billion
dollars, a sum whlch.if paid, would
enable us to make a considerable re
duction in our domestic taxation. It
is hoped that within the coming year
these foreign debts can he refunded
in such a form and with such a rate
of interest that our debtors can be
gin to pay their interest.
Armament Large Factor.
A bill giving Secretary Mellon au
thority to arrange this is now pending
in tne senate. There is much opposi
tion to it, but the probability is that
It will pass within, a reasonable time.
The third thing which may be ex
pected to happen under favorable cir
cumstances the coming year is a
marked reduction in our appropria
tions for military and naval arma
ment. It is hoped that this will fol
low the coming conference for .limita
tion of armaments and if it does fol
low this also will enable us to reduce
the quantity of our taxation appre
ciably.
If these three things should happen
then it is likely that next year will
Bee a proposal for a fundamental
change in the form of our taxation, a
change which may reduce the amount
collected on income taxes to about
one-half the present sum and which
may introduce a sales tax or some
other form of direct tax to raise the
balance. On this point there are some
significant sentences in the speech
which a member of the cabinet. Will
Hays, made at Cleveland last Tuesday
night. He said:
"It is the idea of those carrying the
largest responsibility that for the im
mediate present the method of raising
revenue probably cannot be funda
mentally chanered. After the refund
ing of our public debt, which must
come in due season, it will no doubt
be possible to devise a method for
the ultimate collection that will stim
ulate rather than in any way retard
business and spread the burden in
right proportions to every man and
woman- in the country, who are all
beneficiaries of the results for which
the money is spent
Reform Held Inevitable.
"Personally I am willing to say
most emphatically that this country
cannot go on- and must not attempt
to go on Indefinitely during peace
time with either the form or the de
gree of taxation which was originally
devised to meet the emergency of war.
Our colossal income taxes were
adopted with an eye single to one
thing, namely, the raising of money
in the largest quantity and with the
gze&test 6PeedW ,W Xoolt th .device
a message
to my customers and friends:
MONTHS ago, when most merchants were hesitating and timid, I sent
my buyers into the market, with instructions to buy the best to be had
in clothing in generous quantities. I was not afraid to buy then, as I was not
afraid to cut prices to the bone in May, 1920 ! I was the first to reduce prices
in 19201 am the first to give you STABILIZED VALUES in 1921.
I AM now offering you what I believe to be the best ready-to-wear cloth
ing in America I know there is none better:
Hickey-Freenian Co.
and Fashion Park Clothes
Made in Rochester, New York; all hand-tailored and all guaranteed.
FOLLOWING my custom, I have marked all of these clothes at my usual
modest prices. Many of the garments are marked to sell at sixty dollars
they are cheap at the price! They would have cost you one hundred dol
lars last year.
FOR those who are unwilling to pay this price, I have a wonderful selec
tion of suits and overcoats at $30, $35, $40, $50 each the best in its
class and all 1921 makes!
T HAVE also for your choosing hundreds of mens suits; with two pairs
of trousers thus almost doubling their service at $35, $40 arid $45.
PAYING, as I do, cash for every article I buy, enables me to offer you bet
ter values than any other store, whether upstairs, downstairs, or in
the basement.
FINALLY, no transaction at this store is complete until you have re
ceived full satisfaction. My salesmen will be glad to show you. There
is no obligation to purchase. .
BEN S
TTVTn PLEADING
A' In T CLOTHIER
ELL
at Fourth and Morrison Streets for 21 Years
of going straight where the money
was and taking it ruthlessly. The
war tax levy was passed in the spirit
of the draft act. It partook of the na
ture of a commandeering of money.
"In the emergency of war this was
proper enough, but to keep up mis
form of taxation in the same degree
in peace time would, of course, be in
tolerable. The time is too short and
the government's need of money too
great to turn around immediately in
this regard, but I express the hope
and expectation that soon we shall
be able to change our system of taxa
tion so as to raise less of our revenue
through'burdensome income taxes and
more of it through some other form of
direct tax on the production or con
sumption of goods.
As to Quantity of taxation, Senator
Smoot's prediction that it is likely
to be increased is not received with
as much credence as his usually care
ful statements generally are. All the
operations already mentioned in the
present article should result in re
duction of taxes. Senator Smoot, in
predicting an increase, probably had
in mind the likelihood of pressure for
soldiers' bonus so insistent as to
be politically irresistible.
GRAND ARMY TO CONVENE
IXJlAXtAPOILS GETS REUXIOX
FOB FOURTH TIME.
Veterans of Civil War to Occupy
Church Pulpits -Opening Day
and Deliver Addresses.
INDIANAPOLIS, Sept. 10. -For the
fourth time since, the Grand Army of
the Republic was organized in 1866
it will convene' in Indianapolis Sep
tember 25 to 29 for its annual meet
ing. No other city has had the en
campment more than three times. Pre
vious encampments were held here in
;S81, 1803 and 1920.
On the opening day, Sunday, past
commanders and national .officers of
the Grand Army of the Republic will
occupy pulpits in the local churches
and deliver patriotic addresses. Mon
day the credentials and executive
committees will meet and that even
ing a reception for the veterans and
members of affiliated organisations
will be held in the state house by
Warren T. McCray, governor.
The first business session takes
place Tuesday morning. Other busi
ness sessions will be held Wednesday
and Thursday. On Tuesday evening
greetings between the Grand Army of
the Republic and allied organizations
will be exchanged.
The veterans' annual parade will be
held Wednesday afternoon and the
annual campfire comes that night. The
encampment closes Thursday after
noon with an automobile trip to Fort
Benjamin Harrison, headquarters of
the Fifth army corps area.
WORLD OOKVEXinOX BEING
HELD AT BRITISH CAPITAL.
BaadXHa fixegonian, lassiXl6d da,
Leaders of Church From All Quar
ters ol Globe in Attendance
at Meeting.
LONDON, Sept. 10. Important
world problems, including the re
union of Christendom, marriage and
divorce, capital and labor, interna
tional co-operation and the causes
underlying the change in "moral
standards" of the present age,-were
discussed at the fifth Ecumenical
Methodist conference, which opened
in Central Wesleyan hall, Westmln
ster, Tuesday evening and continued
until Friday, September 16. The
speakers are leaders of Methodist
thought throughbut the world and
include editors, educators and other
prominent laymen as well as bishops
and ministers.
It is ten years since the last pre
vious similar' conference was held In
Toronto, Ont. Since then, according
to official figures, . Methodism has
gained 3,935,341 members, probation
ers and adherents. .
The number of delegates to the
present meeting, including African
M. E. church representatives, is 555.
of whom 251 are from the United
States, 81 from Canada and 220 from
all Wesleyan bodies in Great Britain
and its domonions and mission fields.
The opening sermon was preached at
the historic Wesley s chapel by Rev.
S. P. Rose, D. D., of Montreal. Quebec.
Rev. H. K. Carroll of. Plainfleld,
N. J., presented to the conference an
estimate showing the Methodist popu
lation in the world, including mem
bers, probationers and adherents, to
have totalled 36.622,190 in 1919. In
1910 it was given as 32,728,547.
"The Methodist population of the
world," said Dr. Carroll, "on the ac
cepted basis of four adherents to each
member in the eastern section and of
in the United States and Canada,
has - reached highly satisfactory
figures. It is probably the largest
population of any Protestant com
munion except the Lutheran."'
Among the announced topics and
speakers at the sessions were the
following: "Reunion of Christendom,"
Rev. David G. Downey, New York;
"The Moral Necessity of International
Alliance," United States Senator
Glass; "Changing Moral Standards of
the Age," Bishop F. J. McConnell,
Pittsburg, Pa.; "Temperance and) Di
vorce," Bishop James Cannon, Jr.
Birmingham,. Ala.; . "The Responsi
bilities of Capital and Labor," E. L.
Kinnear, Pittsburg, Pa.; "The Future,
Its Great Tasks," Rev. A. S.' Tuttle,
Alberta college, Edmonton, Alberta,
Can.
Others announced to speak were
Kogoro Usaki, bishop of Japan; Sam-
uel B. Adams, Savannah, Ga.; Sir
Robert W. Perks Bart; Sir George
Smith; Henry C. Stuart, ex-governor
of Virginia; Rt. Hon. Walter' Runcl
man; Sir R. Walter Essex; Newton H.
Rowell, M. P.; Charles ' A. Pollock;
J. E. Cockrell; Arthur Henderson,
M. P., and Gipsy Smith. -
GLACIER SPEED STUDIED
Special Examination of Stair Ice
River Being Made.
JUNEAU, Alaska, Sept. 10. The
speed of Alaska glaciers Is being
studied by Professor William S.
Cooper of the University of Minne
sota. He Is making a special ex
amination of Muir glacier at Glacier
bay.
Muir glacier has receded 60 miles
in the last-127 years. When Van
couver visited the glacier In 1794 he
found the ice extended to the mouth
of Glaciec bay.
Later John Muir left his scientific
observations of the glacier, and five
years ago Professor Cooper marked
out areas there for study. He plans
further observations at five-year in-
ici vaiB,
xrtiried with these records Pro
fessor Cooper hopes to determine the
time that has elapsed since many
f"" "i lne earcn now free were cov
ered with ice.
AIR BASE TO BE EXPANDED
Two More Squadrons of Planes to
Bo Sent to Hawaii.
HONOLULU, T. II., Sept. 10. (Spe
cial.) Pursuant . to war department
plans, Luke field, the aviation base
of the army in Hawaii, Is to be de
veloped and expanded in personnel
and equipment to make it the most
efficient air post maintained by the
American army.
Private advices from Washington
are to the effect that under the re
organization plans two more squad
rons of high - power, high - speed
planes are to be sent here in a few
months. With this addition Luke
field will have 60 planes. At present
Luke field has two squadrons, mainly
for observation purposes. The new
squadrons will be of the pursuit
variety or fighting planes, capable
of 150 miles an hour.
For having been a faithful servant
In the same family for a period of
65 years, Mme. Euphemie Bienseant
has received a silver medal from the
French government.
GEO. E. KRAMER
C. W. STOSE
W. P. KRANER & CO.
Established 1893. .
MEN'S TAILORS
New Fall Woolens Are Now Ready for Your Inspection.
Second Floor Couch Bldg. , 109 Fourth Street
Blue Bird Dance
TONIGHT
BILLY WEBB'S ORCHESTRA
Morrison Dock, 8:30 40c-
FOR SALE
About 220 bags Solo Brand Flour, 1200 bags Morning Glory Brand
Flour, and 1300 bags Olympic Flour, all more or less damaged.
Bids will be received for the entire lot as it lies at Municipal
Terminal Dock No. 4, irrespective of weight or number of bags, at
our office at 10 o'clock Tuesday, September 13, 1921. Certified
check for amount of bid to accompany tender. Right reserved to
reject any or all bids. v
HENRY HEWETT & CO.
206 Lewis Building Portland, Oregon
in
EHIND
MASKS"
From
E.. Phillip Oppenheim's
Story
"Jeanne of the Marshes"
Jeanne, an heiress,
just out of a convent,
grows tired of her
many greedy suitors
and drives them away.
She defies her guard
ian, who seeks to have
her wed a faded, for
tune - hunting beau.
She has a wild ride in a
limousine, a collision,
interrupts a crooked
card game, follows
would-be assassins as
they hide their victim
in a smugglers' cave.
She is made a prisoner,
rescues a man from
being entombed alive,
leaps into the sea and
discovers .
"ASSAULT AND
FLATTERY"
A Big Package of. Laughter
SINOGRAMS"
: Showing All the Latest News Items
"A TONG SANDWICH"
s Mutt and Jeff in a Cartoon Comedy
7
"GORDON'S 1
CLOWN
BAND"
Wednesday at
each perform
ance, playing the
latest jazz numbers.
Sunday at 2:15 P. M. Professor Britz' Orchestra will play the
following selected numbers: Prologue and interlude from 3
"Mephistopheles" by Boito; "Gold and Silver Waltz" by Lehar, g
and a popular number. e
5
West Park near Washington Direction Jensex& VorfHaiBERC
Mrs. Grace Palmer Craig
NATIONAL REPRESENTATIVE OF
THE SOCIETY OF APPLIED PSYCHOLOGY
Sponsored by
The LHerary Digest
RESUMES HER CLASSES SEPTEMBER 14TH 8 P. M., and
every Monday, Wednesday and Friday following.
Thla Is real, self-satisfying, common-sense BASIC
APPLIED PSYCHOLOGY, that anyone can understand and
use No free lectures, but your money refunded upon re
quest afte the sixth lesson. If not fully satisfied.
Former pupils welcome to repeat this course according
to previous arrangement. Note NEW ADDRESS.
New members should enroll before September 14th, as
the number is restricted..
SIX ORIGINAL LECTURES IN CLOSE CONTACT WITH
THB TEACHER. . No books to buy, no mental tests.
Phone or write for full particulars, or see the
Secretary or Manager.
Office Hon rat 12iOO to 2iAfl TiOO to fttflO P. 91.
Suite 1108. Phone Broadway 411.
BENSON HOTEL
y . ' .V.
LZJ
AUl.ttll..W.
I) II. 84M1KL, (i(MII)MAS,
KyralKbt NprrlnlUt,
Now Aanoclaled With
(HAS. W. GOODMAN,
24)1 MorriMun Mre,
Portland, Or.
The Same Gas
Heats the Water
while cooking or baking on
The
Lang Range
From $84.00 Up
191 Fourth Street
See It Demonstrated.