New Britain Herald Newspaper, December 10, 1923, Page 5

PRESIDENT SPECIFICALLY URGES TAX BILL CUT OF OVER $300,000 Coolidge Discussing Bonus, Is Anxious to Help Dis- abled But Sees No Reason to Spend Vast Sums for Fit and Able Bodied. | Washington, Dee 10.—Prsident | Coolidge specifically rccommended to congress today a reduction of more| than $300,000,000 in the national tax bill and the same time presented | views in opposition to a soldiers’ bonus. | The executive, in a message trans-' mitting the annual budget, said frank- | 1y that “any program of new expendi- | ture on a large scale would make tax | reduction impossible for years to comes’ He added that tax reduction | “would certainly tend to whole people in support of economical | adininistration of government” which he declared is becoming “every day more and more necessar “I recommend a revision of tax| laws,” Mr. Coolidge said, “along lines | which will effect a reduction of in- come taxes by taxing earned income more lightly than income from busi- | ness or from investments; by reducing the percentages of the normal tax, and by rducing the surtax r with commencement of their application at $10,000 instead of $6,000. I also rec- ommend repeal of the tax on tele- grams, telephones, and leased wires, and of the tax on admissions, and re- vision of the miscellaneous taxes which are a source of inconvenience 1o taxpay and difficult to collect, On the other hand amendments which would cause some increase of revenue should also be made to existing in- come tax laws relative to deductions| of capital losses; deductions from interest paid losses sustaincd es, gross income for and wherein irities 4 income frc m tax-exempt sec the manner of t Involve and xing ity changes than within | commun would reduce ta by $300,000,000, which is safely the probable surplus. What People Want “I know of nothing which will give the people of this nation greater as- surance that we are unalterably com- mitted to a campaign of economy in public expenditure than a reduction of our present taxation. It will take from the realm of debate plans which contemplate extravagant expenditures, or expansions of the business of gov-| ernment beyond thbse necessary tol keep pace with a growing nation and fixes the measure of our requiremets an amount which will represent what i8 actually necessary to carry on effi- clently the proper business and func- tions of government and meet our fixed debt charges payable out of cur- | rent revenue, It would certainly tend | to align the whole people in support ot cconomical administration of gov« crnment, and I frankly state that such an allgnment is becoming every day more and more necessary because of the influence which it will have upon the states and the other lesser subs divisions of our body politic. Take Up Bonus lssue ‘In stating that a reduction in taxa- tion carries with it un obligation not 1o cmbark upon an extraordinary ex- penditure program, I am not unmind- of the demand for adjusted com- | pensation soldiers of the world | . Which would include among its beneficiaries the able-bodied of our | veterans as well as the disabled. I qucstion if there is any sound reason | tor such a measure, The country is! prosperous and remunerative employ- ment is availuble for the able-bodi veterans as well as for other citizons, “For the disabled veterans of the| war and the dependents of those who | fell the country can not do too much, 1t has already spent nearly two bil. | lions of dollars and is now spending | nearly half a billion dollars yearly in | their K That obligation it must and will continue to fulfill in fullest And it is one of the most important of the dutics and privileges of the chicf exceutive to minister to the wants and needs of these wards and creditors of the nation But the fit and able-bodied are of- fered the opportunity open to every other citizen. The government has no money to distribute to any class of its vitizens that it does not take from the pockets of the people and the payment of a bonus to millions of our former soldiers could only be accom- plished at a cost to the whole com- munity, including the veterans them- sclves, far outweighing the benefits intended to be considered. If I feit that a soldiers’ bonus represented a great need and a proper obligation which should be fuifilled by this na- tion, 1 certainly would not make a recommendation which would be ad- verse thereto. “We have now reached a point in our financial program where we can lighten the tax burden of the people, which is an added reason for taking a firm stand against any and all pro- grams of spending that would tend to absordb the expected margin between receipts and expenditures.” | Fmigrants assisted under the Brit- ish empire's settlement act number to date 32,479 to Australia, 5402 to New Zealand, and 3,851 to Canada ™ .0 anyone needs SCOTTS MULSION incomes more rl for wi measire ither m PORuUB For All Cold Troubles HEAD — NOSE — THROAT — EARS NEW BRITAIN DAILY HERALD, MONDAY, DECEMBER 10, 1923, from both a social and tandpoint. A comedy sketch entitled | Le The Rejuvenating Mill,” was well|E. ved. The cast L. Arendt, Mrs. [ Miss G. Mrs. Mrs. $1,400 for German Children in the Ruhr | The sale and entertainment given |r by the Ladies’ Ald soclety in Maen- | Mr: Lead foil always has a waxed paper | erchor hall Saturday evening to | Peter Nuss, attached to its surface when it is used |raise funds for the suffering children | Mrs. G. Kraemer, for wrapping foods. jof the Ruhr was a decided success Mrs. W. Wolbert, [Raise Baumgaertner, Chair one of the most ideal liv- ing room gifts; several types of upholstery here for your selection from Martha Washington Sewing Cabinet a helping hand for Mother. $19.75 This one as illustrated in genuine mahogany. Very T e s e made up of | McCrann, Mildred Beilman and Mrs.| ‘elder, Mrs.|Della Young. :na_Rosenberger, Vera Scharman, |dren. Hurlburt, Dorothy Nuss, | Mary ROOM cee suite as shown, Overstuffed Velour nteed. An unusual Christmas Value SUITE- This three covering; steel springs, oll tempe struction gua see These Three Specials family in the three carly Christmas buyer tey or Velour—Choice of Colors, There is Christmas joy in store for the whole possession of any one of thess Living Room Suites especially selected for the Each One Three Pleces—Tap -$169-3189 THIS DIN s shown, Three chairs a iate ING ROOM SUITE--S149 A Chair; Oblong i a striking even-picce suite 1 such tly Christmas buyver wouldn't appre Other Dining Room Suites $249-$349-$449 LEADING STORE™ “HARTFORD'S FURNITURE 196-206 Trumbull For Father or Brother! The Smok- ing Stand is only one of several kinds vou can choose here. From $2.25 to $45.00. Early buyers will be attracted to our artistic array of Bridge Lamps and Floor Lamps, Bridge Lamps, $9.75 to $55.00, Floor Lamps, $16.75 to $95.00, Before you select a Spinet Desk be sure to see the handsome assortment here. From $24.75 to $85.00, A Fireside Chair is a gift to be re- membered. This one as illustrated, only $19.,00, A Gateleg Table is a Christmas gift to prize. We have an unusual variety from $21.50 to $52.00, Here is a Combination End Table and Book Trough that makes a wel- come gift. See our choice assortment from $18.95 to $27.50. This is only one of the many Tea Wagons we have selected for Christmas buyers, As shown, $19.75 ———————— To the happy homemakers, Furni- ture for Christmas makes its great- est gift appeal. What are you going to give YOUR HOME this Christmas to keep fresh the memories of a joy- ous family reunion? Give expression to yvour love by be- stowing gifts that will bring comfort and beaut) to the home for man Christmas holidays to come. Give lasting gifts—GIFTS OF FURNI- TURE that bear the SHOOR BROS. stamp of satisfaction You will be well repaid for making an early visit to “Hartford's Leading Furniture to see our choice and varied of Christmas furni- ture. Store” tocl . Heinzman,|of the affair the society will be able|12:15 o'clock. B. . Holzhauser, [to scnd approximately $1,400 for the manager of West MILLER TO ADDRESS LIONS, A meeting of the Lions club will welfare of a community. It is understood that as the result be held at the Elks club Tuesday at 1. Miller, Hartford, Other will |inanclulfniss Elinor Arendt, Gladys Haigis, |relief of the suffering German chil-|the chief speaker and will take for his subject “Town Managership,” including in his talk remarks on trol- ley service as it affects the safety and Oldest fossils of land plants found shaped like seaweed. town be | are Gift Suggestions £14.75 re. bee irniture.