FRIDAY, APRIL 21, 1922.
TIIE OREGON DAILY JOURNAL, PORTLAND, OREGON
EXPECT HUB
I
1B1ST0
AGE Oil BOilUS
,' ' Br tmrH lawreare
(Cofrrisht, lt2J.br Tbe Joaraal) ". ' ,
t Washington. April Jl. Asxeament b
tn Prealdant Harding and admlnis
t ration leaders oirer tha flnanctnr of the
government deficit aa well aa tha hand
luK of the bonua Uaua appears to ba In
Sight. . ; :. .. . . y; . (. , ,: .
t Definite plui ara "in the maklns;
which It la hoped will bring- Prealdent
Harding and Uadara of tha houaa and
aenate into accord and allow, baasaes ot
a bonua bill within tha nit few waeka.
I Mr. Harding baa not yet consented to
' tha plan, but haa encouragtd senate
leadera te work it oat In detail and con
', ttr further with him about It '
' I First of all, tha plan provides (or tha
i payment of a bonua to ex-eervice men
ttita year. Tha president waa told by
Hanator -Watson . of Indiana that thera
wara enough votes to pass a bonua bill
la tha aenata and. Indeed, to pasa tha
houaa bill If that la Ufa only measure
submitted. In tha face or a certain yets
of tha bona bill Senator Wataon and
hla associates ara at work on a, aubatl-
tute which may win executive approval.
CIHAHCES DECLARED GOOD
I Tha procesa la aomewhat complex, but
unless BecreUry Mellon can find a
rloua flaw tn It, tha chanoaa ara It will
through. Hera la tha altuatlon and
tha plan : ., t
I xne aenata cannot' originate revenue
Uclalation. but It can amend any act
already providing for tha collection of
revenue.. So the pending tariff act will
be uaed aa a device to overcome conatL
tutlonal objection. In the tariff bill
wilt be written a clauae empowering tha
traaaury to jiaaue eertlflcatea Of Indent
edneaa amounting to approximately
I1DI.0O0.00O. which la tha awn experta
' believe tha bonua will require tha flrat
year. . ,- -,. i. '. -,
IThe authority will be given theereti
. cailly In anticipation of recelpu from lm
port'dutlea. In other words, to meet ex
nemaea of tha government tha treasury
wl . borrow from the public , to ' the
amount ( 1105.000.000 and presumably
pay it back from tax receipt a.
tsea.Ma.aaaa i bight k '
But that will not ba necessary because
by July 1 the United 8tatea government
will Teceiva 1200,000.000 from Oraat Brit
aia aa tntareat on tha war debt. This
will ba used to retire tha traaaury cer-
tlflratea. President Harding would not
permit tha traaaury certificate to be Is
sued as against reoelpta of interest front
foreign bonds until money la actually In
tha government a possession. . 8o tha
, Isadera ea tacking the measure on the
tariff bill. , Tha beat course would have
been to wait until July I and then Issue
traaaury certificate, but administration
leadera ara embarrassed by tha action of
the Republican conference of this week,
which haa ordered tha aenate finance
committee to report out a bonua bill
4 within a reasonable time and thta now
Is Interpreted as meaning two or three
, weeaa. Rather than accept tha houaa
bill, which would ba futile and mean a
presidential veto, tha aenata leadera feel
'the treasury certificate plan will meet
, the wishes of the house ways and means
con mil tea aa well as President Harding
and would save much legislative time.
. If IICE DOCBTFCL v
' To Issue, tha treasury erfttflcate. on
the! expectation thWt ' tarlf r oelpts will
provide money enough to retire them is
necessarily doubtful, but tha Republican
leadera do not for a moment expect rev
enues from Import duties to pay the
bonus they are confident of tha British
Interest Traaaury officials confirm the
I r i H . I .w&. fc- ni.ik- (it i .
t iniutirwuini inai uw ivmu win pax Ul
inieren on me nrsi or juiy. Tnia grves
1200.000.000? which Mr. MeUon had ad-
ready counted on betora making hla
statement of a $414,000,000 deficit. So If
11 06. 000.009 la used for soldier bonua pur
pose tha total deficit for tha fiscal year
1921 will be i8.000,000- As to this
deficit congreaa does not have to face It
before tha December session of congress
this year. That meant the eong-reeaional
elections will ba out of the way. v
50 FUETHEJa TAX " ; ' - "
One-thing can ba written down aa cer
tain. . There will ba no further tax leg
islation this summer. Republican lead
ers have, agreed upon that. Not only
would It . be politically on wise to add
taxes before the elections when already
there la ao much dissatisfaction because
congreaa didn't materially reduce the
taxes In tha present statute, but Repub
lican; leadera ara convinced that Presi
dent Harding's suggestion of a new
method : of taxation ought to be worked
out. Mr. Hardin has been won over to
tha eaies tax. , Tha main objection hith
erto haa been that if it were put Into ef
fect this year, the political effect might
be " disastrous, as the country , would
hardly have time enough to adjust Itself
to tha .new tax when the elections would
Intervene. But in tha December session
of congress tha Republicans feel they
will have a free hand and will ba able
before the 124 election to correct any
defects tn the aalea tax plan.
GETTIXO K1DY TO PAY . '
la brief, therefore, the administration
Is gettlna ready to pay tha soldiers their
bonus, to forget about the half billion
dollar deficit until next December, when
tha elections are out of tha way. and to
consider seriously a sales tax as a aub
atitatet for all present taxes. In addition
to this. It la now practically certain that
when tha British government turns over
Its four billions of war bonds to tha
United 8 tales government, the treasury
here will endeavor to resell these bonds
to .the American public, and thus get
back into the treasury a big slice of the
war debt Itself and tide the American
government ever Its next few years of
financial stress. Senators say a British
bond with - an American . indorsement
would sell aa quickly aa any bond on the
market today. . ; . . K - . '".
REUS EAST KEEPS
KECE8HTT OF NEW TAXES '
CAUSES COSGBE8S COXCKRX
! By Jeka Glelstaer a- f
. v (Cnitrf Kew Staff Uortwpoadent) ' '
Washington April 21-tThe possibUUy
that H may ba neceaaary to Impose new
taxea to meet the prospective huge defi
cits (or the . fiscal year which begins
July 1. Is causing genuine concern In
congreaa. -s ; r ' . if.'' i'';r
' Secretary 1 Motion's letter predicting
that this deficit will be-half a billion
dollara served to bring forcibly home
the plight of the treasury. The plain
fact, which cannot be escaped, la that
government finances . are in a terrific
Jam. . .... .
The administration -will be obliged to
go before the country with : an unbal
anced budget, despite the creation of the
budget bureau, and heroic efforts to en
force economy. That causes worry, be
cause If higher taxes can be avoided,
new borrowing will be neceaaary. In
any event, the bills .finally must be paid
and that means taxea. Taxea ' always
are unpopular and there ; ia particular
anxiety to avoid them In an election
year like this.' ,
Aa a matter of fact economies have
been carried out by congress in making
appropriationa ' and in . the administra
tive departments. - But during; the next
year, obllgatione ara, due -which must
be met. for which the war; !a to blame
primarily - It ia -the Job - of -cleaning
up" to which Senator Warren, chairman
of tha appropriationa v committee, and
Representative Madden, chairman of the
same committee tn tha house, have so
many times alluded from the.floor ; .
They frankly told congress of tha huge
demands that must be met. and - said
they I might as well ba ' recognised and
" , . . V-
Highest treasury., officials Thursday
eald they saw ne way 'of meeting the
situation without -new taxes. They add
ed no, ftudy haa been tven ko possible
levies, !or other ways ' of meeting the
shortage of. funded This Is the view
point of the business administration ox
the government. The politiciuia on cap
Itol hUl may regard It differently. There
could, of course, be a new bond Issue,
but the treasury does not want that.
Several bllllona In securities are matur
ing In a little mora than a year, and
must ba refunded. Thla In itself la Jab
enough without new loans to float.
Chairman Madden said it ia not poo-
VATCH OIJ GETJ1
HtV"'r' ' -;
ii?,f By', 0astaatlae Brews ' -JSpeeial
Cable to The Oregon Jeuraal aad the
tOspfSfch. 1SZ2.I '
Constantinople. April 21. That ' the
allied and German-Bolshevist split In
tha Genoa - conferenca ; will affect - the
Near Eastern question none here .doubts.
It Is ' common knowledga " that at the
present moment the Bolsheviki delegatea
dictate ; at Angorandthat"Mustspha.
Kemal Paaha Is Entirely dependent for
money, war roateriai and eventual mili
tary support on the Rnsslans."
When the pour parler with the allies
began Moscow was. consulted before any
decision waa taken, and M. Arlov. the
Bolshevist ambassador at Angora,; takes
part In all the cabinet meetings.
VKOED BEUI . - - ;
. On the ether - hand, .the Greeks
atlll considered - by the nationalists as
aepresentatlves of the allies opposed to
the Turks and it is unanimously believed
In the Near East that war sgalnst
Greece at the : present" moment really
means war against Great Britain.
So lone as the Russians thought, the
Genoa conference -might have favorable
results for . them they sldvised. the na
tionalist government to adopt concilia
tory attitude. an4 play a wait-and-eee
game, but now after the Genoa breach
It. la taken tor granceo tnai me tusaians
have no further interest in .a peaceful
aolutlon of the Near; Eastern question,
REPlIT SOT RECEITED ;'';.
: The . pationalUt answer . to 1 the last
allied note requesting the Turks to ac
cept irf principle the peace terms framed
Paris.- leaving- the .details: to . be dis
cussed at, a conference,: In -exchange for
the'-evacuation of Asia Minor, has not
yet-been received, i .
According to advices . from Angora,
however, the' nationalists are credited
with ia typical Oriental reply. '- It la be
lleved that they -will accept the allied
proposals, but .will demand that, the
questions- of Adrianople and Galltpolt be
Included in tha.detalls' to be discussed.
REPKESE5T WEAITH ' i ,
Meanwhile the Greeks ane making' ef
forts to be prepared, for any eventuality
An addition ; to large sums .subscribed
by Greek patriots abroad the Greek peo
ple in Constantinople, collected In a few
days more than 500,000 for the prosecuv
tkm of tha war.
Local Greeks, who are all devoted par
tisans of Veniseloa and hostile to King
Constantine, seem to 1 forget political
rows and demand to be sent to the front
Though comparatively few In number,
the members of . the Greek colony in
Constantinople - ara wealthy and their
financial ' support Is important to the
government at Athens.
Expect Eatifyingv of
Shantung Agreement
Despite, Opposition
' i - " i
Toklo, April 21. After long debate the
Privy council : will ratify the Shantung
agreement reached ' at the Washington
conference, tomorrow, it was authorita
tively learned; this evening. ' ' .
This la the first of the -Washington
treaties and agreements to ba taken up
for ratification by Japan. ' The .Tap
treaty will be the next taken p by the
privy council .- . .
.According to information received at
the foreign office,, all of the , Washing
ton treaties will be ratified by the privy
council within the next month. -" 2 -
. This ratification, it was stated, will
be effected despite great, opposition
whkh seems .to cfenter chiefly on the
Brandegee resolution - adopted by the
American senate. to the four power
treaty. - ' 4-T
According . to ' the foreign office the
government policy will prevail with re
gard to all treaties despite the opposi
tion. , utner reports,- however, are not
ao assuring, several of the councillors
being imported as balking; at the- reser
sible to tell at this time uhat will be
done,' but he haa warned the house re
peatedly that if the economy program
of the appropriations committee were
not followed, congreaa would be com
pelled to go before the people with a
new tax bill. Originally the. appropria
tiona committee expected to save more
than $300,000,000 by slashing the budget
estimates. But this haa not been easy,
because congress 'has refused to follow
the committee's lead.: Already. Madden
admits, the saving will not be .more than
$250,000,000, and, it probably Will be
much less by. the time congress gets
through. , ' s
' ' Chairman McCumber of the aenate fin
ance committee Immediately began a
study , of 1 M eUoc's Is tter when .. he re-t
turned" to the capital Thursday. - The
matter will be discussed when tW fin
ance committee meets: X3iaina'tt JWrd-"T
ney of the house ways and means com
mittee said he knew nothing about Mel-
Ion's letter, and that the matter would
be taken care' ot next year. He de
clined to comment on the possibility of
new taxes. Fordneyfischtefly respon
sible for . the soldier bonus' bill which
passed the house, proposing to take an
other $75,000,000 from the treasury dur
Ing -1323, without providing any way of
raising the money.. -. . . ? -
.Boys,
. ar-
fffloml-
in Clothing Values
in the Boys' Store
Run"
SATURDAY
:';,. V.:-; "
Regular $15.00, $16 0 and $20.00
Boys'
h tilts
- With Two Pairs of . Knickers
' ' - ; " -''V sti,
Here axe suits that win "make a hit'V with Mother,
Dad and you! , Exceptionally fine jarmeiits, splen
didly tailored and reinforced . at points where ; the
wear Is hardest; taped seams and full mohair linings.'
The fabrics are all-wool Cassimeres,; Tweeds and
Cheviots, in'all the newest shades and patterns Extra '
"KIlicks,, with every suit; many of them with "Hve
leather" and self belts, included. WearPlede Suits
and other standard makes of equal hih quality axe ;
in this ass'ortment Boys Department, Second Floor.
2; : . -1 . ' . t
Mail-Orders.
: Fined"" '
A.
5 .
A
A:
BE
i ......
N ' SELLING
Portland's Leading Clothier for over; half a : Century
vatkn.
Mother Sacrifices
Life to Safeguard
Children, in Blaze
Kansas City, i Mo.,'' April 21. (IT.
Mrs. Katherine Enoa, , 23. farmer's
wife, near Ielson. Mo., allowed U self
to burn to death today ! rather man
endanger the lives of hen two children
with her flaming "earmenta.
'Her clothing ignited from' a stove
Just before she died from fatal barns
she told her husband she ran to a room
to set a blanket to smother- the flames
but was afraid to take it from the bed
where the two children were sleenims.
Mutineers Fail to
. Seize Munitions
Kingston. V April . CL X, S.) Mu
tineers today failed in an attempt . to
seisa munitions on" board the gunboat
Helsra stationed tn the harbor 'here. -
Adaily
temptation:
Red Rock
Cottage ;
Cheese
order your week-end
' and Sunday1 supply
from your grocer, mar
; ket or delicatessen: Eat
' - Red Rock every day
1 it's deliciously. good ! :
. JJaide fresh. Saily
at the plants of .
Red Rock Dairy
X
Attention
500.
Mothers!
Sale
of
850
GMdreh
Hats
From 2 to 15 Years
: Two Prices
For Saturday
' OnhA:
Patent Milans
0 I .
Regular $2.00 to $2.95
$1.89
300 Patent Milans
Regular to $3.95
and
50 Handmade Fancy Hats
For the Younger Kiddies
. Regular to $4.50
$2.89
? " .1 '"'1
Stxtf
-
mtsuneay
CccdraTdccix
ot this aznialtely
Aasjtel on ch skin
natbea tad coda, and orvcrcot&c
bssrvy pesspifiew It is aa idsal
face. sain, baby and dusting powder
aad astos the place of other perfumes
fotbs akiB. , ; ,
Sin Swff t IMnw '
Shak Into
Your Shoos
WW
g?g"gBfegggB''' J, ' . . - ". 1' "L ' UL J mmu-i ...i.ij -js
ApAiff CO'- ' "
L L .L yAA::vAAA AN
'- 1k AA
: ; J" ' V - t . . - - vr - V't - . ... I - ...i. i - - - '
- Ani awe mspvrgA- f i. . ; t.; ;.
' drama of the .; Royal - 'AA ' A Tl -js.'
, Northwest Mounted r ; V" " iA: ' 1MC V
v and the great North- V.-A, A-AAA, NTk -V?'r -''"fll - -: - '
for'the , women'; they :;! 'iv AA-';' y-V- - j v ' '
AW-'A0& i":l;Tcday!
- A : . , y?fA vAAA- aA.A
Brother: a gainst1;":'! iTv") -' "' ' - -
' brother ! Watch Lieut.: J V . v , ; :
John Whitley trail hisj :aA (a 'A " X
: twin - rirotherthrough' " - v . l - A - ; -'
; the)NortHern Bleak" "": TAAv ":""f
ness :vneaeaedLCpJ f AA ;
' v the weary chase. ' f ( "
"Louise Lovely and y1 ''
Roy t Stewart at , their, )
, best and I rib "better U A ,
'combination of players v j j - ; f
ever could portray this 2 1 il - V
' epic-of the NorthwestjV l A-A.
more effectively. ---A-'i L t' j)
-Vmm fAAA AAA A
A" A---:i-- AWVAh-) A'iAA:-
., .' - : Comedy , 7 AAAM
' V '' v ' :AA-A& DarkHorse,c: :r':'AA '
A mimMmmA?
Allen's
Ease
Tlie iVwtfejr
Wlha Fast
' This Aatlseprie,
; Healiag povder:
USM tha Minimi
jfreahena'the fesjfc an spves aew vigor!
: Makes tight ornew shoes feel easy
At nlrht wbsr yoar
lltl ara tired,, sore
land - swollen from
walking or dancint,
sprtnfcJe AIXKN'S
FOOT-KASK tn tbs
foot-bath and esfojr
Ue bliss 1 feet
k-ttbM aai ache., .
Over 100)00 lbs.
ot Powder lor the
Feet were CBed by
oar Army and Navy
doring-tbe war.
;Ia a fsduise
Aim-s ts:t-eats
SALVATOl-.-SANTAEL!It
41reUa the blr ElvoU Orchestra la J"''t and It Ue.ssaai eesc.rt aa 8si4t
i v . - ...... - '. ... '. - w. - ;- - .
v
Ballet Krystisa i .......
,. la) - Allerrs aea tresao
, a) Allrrretto - -(r
'Aseaate asslessts -
e ' AaSaat rsrelT
lesset" it rest L'Aiiesleaae)
rSOGKAX
.M..'.l.a!rlalA
A-
The asay goat." RIerllea....'.LsiBe
-5aaHsss-. iSpaa,hl .IT site) v
Mese.t i.'.. ..I.... ;......Csrbla
-TM Mrry .'MTIves el WJsitsr" - -,
Oifrtare ...Sleelai
A
':hAArA,::y;: :o:;;.;-3, H .4-?