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pXce’‘six W:^ r I * i COST OF GOVERMENT MUST BE REDUCED, SAYS McCORMlCK (From m radio address by Cpl. Rob-1 partly due to stocks forced upon the market by government exac-tion and ^ R. McCormick, editor and publial^- er of The Chicago Trttiune.) Before the war our public expendi- _tttre« were $3,000,000,000 per year, including state and local governments. Five years after the war they were $10,26:^,000,000. Before the war our for which buyers are wanting. ! jlSl The course which our Wulers have |l laid out for us, and from which they J1 show no sigpi of deviating, is the road! |[ to complete and ine.scapablejruin. If : H they-proceed as they arc going, theyi iJ will dry up every profit, every inter national indebtedness, inchiding states and counties, was $4,850,660,000, while j . me what is the alterna- five years after tFTe war it- had risen I.Hatement and I to $31,000,000,000. will continue to make it. There is not 1 How’ to account for this phenome non I am not sure. Increased income from property was responsible for but a cabinet officer, there is not a mem ber of congress who can demonstrate that one-half of the mony appropri- m mi»U part. The effeet of .rH.ndiriK f'"' ^partment of govern. borrowed money had *ome share. The " '? P"n>"»e deaiir- energy created by war enthusiaam specific: not one-half and tho natural optimism followinir »PPC<iPnated for the victory all contributed. I '' -' department i_"_ «l»Pf to make an The consequence has been that property of every kind was raised, a « Aip on a wave, and left by the re ceding wave high and dry on the jag ged rocks of ruinous taxation my; not one-half of the money ap- ropriated for the navy department Is spent to build, operate, and main tain a comibat fleet; not one-half of the money appropriatecl for the post- Eamings never were high enough to support the levels of taxation which were imposed. The unbearable load was concealed, like the face of Mephistopheles, ibehind a mask of plenty. Now*, under the grinding load of taxation, industry is everywhere slowing up. InconH’s are falling and disappearing. Industries, contracting or closing down altogether, are unable to furnish employment to workmen. Everywhere we find economies and hardship excepting on the part of those people who have their hands, under cover of law, in the pockets of others, and even these are suffering a.s the ptK’kels become empty. "^ey are like the wolves of Anti- co-iili. .A( one time the island of Anti costi wa.s populated by limitless droves of caribou. One year some Lab rador wolves were can’ied to the is land on the ice. The i.sland was favor able to the pursuit of wolves, and its .s.hore.s prevented escape to the pur- .sued. The wolves waxed in number. Finally they destroyed all the caribou, and then, with nothing to feeil upon, all died of hunger. That is the pros pect which lies before our tax-eaters. The evil talk of tax strikes is heard throughout the land, but far more ser ious than strikes is the growing in n 0 i I 1 a a a a a the mails. As for other great branch es of the government — the depart ment of commerc-e, the department of the interior, the department of agri culture ai^ not much better than rackets. Rackets, 1 regret to .say, which are supported by a small ele ment of our population who are per suaded that they are receiving from them special benefits at the expense of the general taxpayer. It took centuries for enough Avcalth j to accumulate to raise our civilization from the misery of the middle age.sj to the high estate we have vvitne>«t'd. j tji It has taken ten years of exce.'^sive [I taxation t o bring u.s down to the j Tl verge of ruin. The tax bill pasfH-d by |l the national house destroys all hoiM- Tl for th<* future. li Lfke' thq utility of royal FraiRe and pre-revolutionary England, our office holders are a privileged class, becoming here<litary, holding sine cures established by law. They looki j| down upon civilians with contempt asl fit only to work for the support ofi thedr masters. They dominate and ex-‘ change place with ele<’ted officers, with whom they conspire for .-iHi'ial benefit. rivilization could not start until the E E ability of taxpayers to pay. Strike ori^^ld privileged aristocracy was over ho strike, it i.s absolutely iinpoiwible | it i-'’ re-e.stablished in to pay the taxes assessed. Owners of j another form and is again sucking.the buildings are teaVing then down be-: working world cause the taxes are more than the re ceipts. Owners of unimproved proper ty arc unable to pay their taxes, and tax-buyers cannot be found to evict them. Individuals, e>“tates, ’and corpor ations are beginning to find it impos sible to meet federal taxation extorted with all the ruthlessne.sa of the (ier- mans in B<*lgium. Obviously, by the continuation of the principle of exa<-ting tribute on value.s as they rise and returning nothing when they decline, sooner or later the government will have ex torted the entire value of all proper ty. The* great industrial entt'rprises which pay so large a part of all kinds of taxes, real, per.sonul, and income, started fmrn small heginning.s and have b<'en built up from accumula tions. If these accumulations had Ixcci s^xjuestered in the past as they will be in the future, the induslrie.s never could have grown. If we stop accumu lations at this time, no more industries may gruM- to take up the slack of un employment and to pay the cost of government. A no less vital factor is the repay ment ot dc4)ts. The existence of banks, and hence the existence* of bank de- po.sitors, depemds upon the ability of debtors to pay. To the non-producing theorist on the outside, perhaps a strictly limited return on capital may seem sufficient and all that is moral ly just'fk*d, but for the borrower, a return sufficient to pay not only the inten*st but the principal of his dc'^bt is nc ‘e.ssary lest be lose his all. If the opportunity of repaying his de()t is denied him he cannot venture, and if. the government will take from ther brorower the money w’hich is needexi If you are to exist, youjnust tear these weasels from the throat of the nation. To atter^ meetings is not enough; to pass'fnesokitions is not enough. Our salvation and the salva tion of our country d<‘pends upon an immediate call to action by the pro ducers of wealth. There is no time to be lost. JOANNA MILL NEWS ■ iP Hi 'w. m' Mr. and Mrs. Floyd Templeton and son, Wyatt, and .1. W, .lustiqe of Ninety-.Six, wei-e Sunday guests of Mrs. Mamie White, .Ioanna Inn. j Mrs. A. F. Tin.sley spemt a few days || i la.st we<-k with her sisU'r, Mv*- Rachel .Mosely, in (Minton. Mr. and Mrs. Glenn Franklin and family spent the week-end with .Miss Sallie Mae Franklin in Whitmire. Mr. and Mrs. W. I). Sloan of (Miar- lotte, spent the week-end w'ith .Mr. and Mrs, .J. R. Sloan. .Mr. and Mrs. Mason Rowland, Wie- ford Nabors, Otis Ixwis and Otis Murphy spent Sunday in Columbia. .lames Stroud of the Textile Indus trial institute, Spartanburg, spent the week-end with his parents, Mr. and Mrs. W. W. .Stroud. He had as his guest, Raymond Sears, also of the institute.' Friends of Bruce Abrains, son of Mr. and Mrs. ,1. ,f. Abrams, will be glad to know that he is improving after an attack of flu. Olebrate Birthdays On Saturday evenTtig, AprH~2;tMydF^ Putnam* celebrated his fourteenth tx) repay the lender, "this inviting his classmates to a •tmrty at his home. After enjoying lend. Nothing is more popular tcxlay than Ihe progressive estate tax. If, it is ar gued, it is fair that the creator of wealth Ms entitled to its use, this right do<*s not extend to hi.s children, his heirs wbo did nothing to produce it—an argunnuit plausible to tlmse w'ho wi.sh to see it that way, but one E E E E E E E E E E E E B E E E E E n an hour of games they were invited into the dining room where refresh.-j immts were served by Mrs. Putnam |j| and .Misi I>ouise Putnam. | || Mr. and Mrs. R, G. CHTr honored'* their little daughter, Bobby Jean, yyith I a birthday dinner on Sunday^ .\pril! . , . , , , 10th. A large white cake with .six can-1 which, earned to it> logical conclus-j^j|^^ formed the center-piece for the ion, injures the very per>ple :♦ is the occasion posed to benefit, iwerv: Boidiy Jean’s grandmother. Modern property is no longer in the (-«_ \ioore; akso her uncles and patriarchP'stage. The rich man doos|^^„^^^^ not own one thousand or ten j p tnousand sheep, of which five hundred^Hancock, all of Gaffney, or seven thousand and fifty may be Scout News taken by Phoraoh, still«leaving the{ st outs have registered for the heirs a coniiderable quantity of mut-|,,^^. year. The troop will Uke a ton and wool. _ „ ^ iiew .start and try to do Indtor this In Its simplest form, f®’' j year than they did last year. Every gathorei, this wealth will be fo“*^** i ^out, when he regi.stered, pledgeil B E E B E B represented in bonds and shares of ^ ^is abil- stocks listed on an exchange, pa.i of , ity, every’thing that is expected of a' which car. he sold to pay the tax on, ^and. a KrtUloman. Where wUl| the whote. Forced sales of st.aks toi,^_^^ orKonixation that teaches pay taxes are another foroi ..f ^r piiiKiples and hiyher ideals raids, of short-sellmy. Stock which, in l „f America. ’ the nator^ order irf events would be, j, „„t yeT^ill, and if your ' l^t off the market, will be fnn-od on ^ tfe market, brejkinf ‘he maitob rhe|^ Oalloway riirht avvay.l for«d sale of the stock sold deotroysi ^ Moorhead;! the value of that reUined. Any ylee g j 3 by the conflacation of the e^ eommitteemen for the troop.' M of a nch niM will be turaed WU,, i, chairman. The following' diMuy when it » found out ttvat ,1^. g. Galloway, :| ■ ■ r:-' E ftoek, in whose ever hands it may be, i« tliereby depreciated in value. Not 4M|]l7 every i^Mire of the particular Kdek aold «dU be depreciated, ^ut aa thiSTfall to^vafue they will bring all! Miaree down Jr., Scoutmaster; Walt Byars and Fred Ross, assistant Scoutma«ters:( John Ijawson Feltman, senior patrol | leader, and George Morse, treasurer. ^itbcr jnnAMiri.R ■ :’s ^ .S V V, C , \ r -I i .y . ' i/ To You.... \ r- r- Think of the adyertUemenU in this paper as ' ■ ■■ so many letters addressed to you, personally. That’s what they’re intended to be, and, actual- - b *- ly, that’s whaTthey are. This newspaper is, in ' ■ t effect, a mail-bag which brings news of events E E H E E 1 E E E B E E and news of the best merchandise at the fairest <- prices. E E E I E E E 4- You don’t throw away letters unread. You ■T *j don’t read three or four letters csu’efiklly aiid !>'• Tv, skim through the rest. Treat the '^merchandise letters” in this newspaper the same way. Read them all. Read them carefully. One single item will often repay you for the time it has taken to read them all. r Many good housekeepers have form^ the '9 habit of reading this newspaper with a pentil and paper, read;^to jot down the articles th^ - r ^ wish to look at when they start out on their shopping tour. Try this method. It saves tim^ ij' and saves money, and pro.vides you with the I pick of the day’s merchandise. ' - - -L— . EVERY ADVERTISEMENT HAS A A. MESSAGE ALL ITS OWN The "The Paper Everybody Reads” \ I 4^ I