The evening world. Newspaper, December 6, 1921, Page 2

(Continued From Page 1.) isfiec: both the Government and the Sinn Fein, ind“as an independent state is said tc be clear. PRINCIPLE OF TRUSTING IRELAND. The principle at last adopted by the Government is said to have een that of trusting Ireland fully and giving her full power of decisio# out hampering ner by conditions. It is also understood that an arrangement ca tory te the Sinn ‘Fein ‘was reached regarding control of Irish ports by the navy, The agreement was signed on behalf of the Government by Prime inister Lloye George, Austen Chamberlain, Lord Birxenheac and nston Spence: Churchill, and on behalf of the Sinn Fem b Arthur Griffith, Michael Collins ahd Robe-t C, Barton. y The condition previously insisted upon that there must be free Trade between England and: Ireland is said to have been uropped by. ) the Government, and Ireland is given freedom regarding tariffs The gates of the Dail Eireayn, however, explained that jt would be to tretand's advantage to have free trate between the two stands and that she would adopt this voluntarily, OUT OF SEEMINGLY HOPELESS SITUATION. _ Those best informed of the proceedings in the final momentous meet- Ang of the conferees lay stress upon the part taken by the Prime Minister, | plotuting the “Little Welsh Napoleon” as fighting desperately foF a settle: “Mont through the long hours of yesterday and last night, using all the 1 of his magnetic personality on the little group of haggard, almost uring men, upon whose shoulders rested the fate of the negotiations. Yesterday afternoon hope had genetally been abandoned, and the Fein representatives were preparing to leave for home. At the Fein headquarters the expectation had been expressed that the truce collapse and that fighting would be resumed within a week. _ No other alternative could be seen, Still, Mr. Lloyd George, fresh trom eonference with the King, to whom the Premier outlined the desperates f the situation, refused to accept defeat, and battled on. At 2 o'clock the English and Irish delegates met at the Premier's resi- presumably to discuss the future relations of Ireland and England, dn view of the then apparent collapse of the negotiations; namely, whether was inevitable. _ Out of this seemingly hopel Spacers to have been as unexpected by the conferees ;/ For eleven hours, almost without cessation, the delegates debated all anxious for peace, but none seeing the formula by which «it could be aohiéved until the marvel was worked by the advancement of which cleared the atmosphere and ultimately resulted in an under- The recognition of Bees Restengers left this morning hurriedly for Dublin and Belfast with of the agreement. The Ulster Parliament was summoned to meet special session this afternoon to discuss the proposed pact, while the of the Ulster Cabinet assembled in the morning, awaiting the JASTERS IN THEIR HOUSE,’ ORD CHANCELLOR TERMS Be $a ny ‘The solution of the Irish question seemed to have been fached. t for and abide by the suffrages of their fellow countrymen. at, the Lord Chancellor} across the conference tabl the area of Southern Ireland, make those who, beyond all within that area at this mq- reentitled to speak for the helming majority of the popu- j thasters in their own house. one single important reserva. We place Irelapd—and | shall jofing Ireland in 3 moment—precisely oo position of Canada, Australia, and South Africa And her BO power, qubject to the res- ston which I shall indicate, that ie diven to any one of these great Roger évery corner of the babitable civil fwed globe’ That ia true, Tha elaim has modified th view w we have adopted and b. which tand. In discussing the financial phases of the agreement, he said: Ak? yen the Parliament to be set up is su- preme in its own hou: They (th at ig necessary to strike a balancy between this country and Ireland i financial matte dominions that we equally concede to the state Whidh’ ts to be created.” Birkehead said the Parlia- iit to be eet up would be supreme ewn domain in matters of proportion, having regard for an; set-off or counter claim think proper to put forward—a du proportion of our national debt an of this will be determined by arbi i trators to be chosen from among thi tes x hope, will colonial Judge. “In the opinion of all my colleague: the interests of Ireland itself and o the empire as a whole will be for- the negotiations warded should is become possib! representatives and/the near futu: the conferees over | N' eet Rane , ‘ situation, however, grew an agreement by the représentatives of the Dail Hireann will return to Dublin to-night ~ARSH IN NEW AGREEMENT BinwINGHAM, England, Dec. @ (Assoclaied Pr Dec. 6 (Associated Press).—Lord Chancellor alluding to the Irish situation in an address here to-day, de- he came before his audience with a message of sure‘and certain sald the representatives of the Government and Sinn Fein pleni- | this morning signed a document which he believes would be im history and on which ne and his colleagues were prepared liming the general terms of@————_______________| Irish delegates) have recognized that On such @ balance belhg struck, they shall pay us a due they may our expenditure on war, The amount citizens of this country, and who, I include a distinguished in the inhabitants af wortaare, Traland. to adhere to a gen- THE EVENING WORLD, TUESDAY, DECEMBER. 6 OCONNELL- aes MOVEMENT FO THE 40'S vue /4 8 MOSEREN KING “OVERIOYED | AT SPLENDID NEWS,” PRAISES P PREMIER Stock Gickutte | Reflects at Once Quick Relief of Whole People. LONDON, Dec. 6.—King George has sent a message to Premier Lioyd George expressing joy the news. He wrote: “L am overjoyed at the splendid news and I congratulate you heart- ily. “The successful culmination of the difficult and protracted negotiations 1s Gue to the patient and conciliatory spirit you have shown throughout. “Lam happy also that | was ablo to contribute to the great achieve- ment in a small way by my speech before the Belfast Parliament.” The news of the trish agreement was joyously received to-day on'the his at A BID FOR POWERS In emoreaibe ee Document He Asks for Authority to Deal With World Problems. By David Lawrence. (Special Correspondent of The Eve- ning World. WASHINGTON, Dec. 6 (Copyright, 1921).—President Harding's address to Congress is in many respects one of the most remarkable documents i ever sent by the Executive to the leg- islative braneh of the Government, remarkable for the.many significant circumstances which have made nec- casary an appeal for the solidarity of the political parties in America as well as the plea for more executive power with the promise that it will be Stock Exchange, where the gilt-edged section, which recently has been more cheerful in tone was given an added fillip by the Irish news, Con- sols, war loans and Irish stocks benefited most from good investment buying, but the improvement also spread to other securitles, The better tone was assisted by the easier monetary situation, which now. that the Irish settlement is on the way, is regarded us conceivably | admitting of an early reduction in the bank rate, CORK, Dec. 6.—News of the agree- ment of Sinn Fein and Britain on Irish peace was received with jubila~ tion here to-day. The most optimistic view was talten of the decision. ously affect ‘the Interests of Ireland .aken ag a unit and as @ whole. ‘The representatives trom Sinn Fein Bre pesseres tw recommend to ireann that the newly con- jstituted Irish Free State shall not merely take a treaty of association with the en Ample but shail en- ter inte the British Empire tor al Pekar yet The fidelity of the Irish Free State to be constituted will be declared in plain, unequiyocal i guage, in the constitution as created by (his instrument, to the common- wealth of nations and to rE, Ocithe Dail will be summoned at an early date, and the terms will be placed before them. The terms will be placed before both Houses of Par- Mament in the new year. “If they do not assent, the people of England will have an early oppur- tunity of deciding.” The Lora Chancellor said one must face the contin oy Ulster might say she wad. not prepared to send representatives to the All-L jand Parliament. If this was Ulste: attitude, .t was the attitude whioh, under the terms of the instrument agreed to last night, she would be entitied % maintain and would be protected io maintaining it, He sald the echeme agreed upon gave a free option to U Pe within month of the passing jot the statute, Ulster determined she | would retain her existing powers, she should retain them. If, equally, she elected to retain her membership in ‘You the British House of Commons, that cannot quite dismiss us and our decision propose in the first place thIeWwaims and our history in that way. spected. would be profoundly re- Ne said North ireland would advised if she contributed be well We too are an ancient parent state, her sobriety and business experience and we have thrqaggp the centuries to the Parliament, which would not ung our sons and vi yettlers into otherwise be - characteristics, t Fein had given represented by such He declared Sinn reasonable guaran: fundamental tees for the protection of the minor: ity in South Ireland, The Lond Chancellor said the terms igned had fully satisfied the repre- sentatives of the British Admiralty Al “In matters of finance, there again |and those of the country at West: ‘minster, ©} “There is only one reservation to be made,” sald the Lord Chancellor. “If Ulster decides to stand side by aide with England we are committed in one respect to a modification of the Parliamentary arrangements of a year ago. There must be a ratifica- tion of frontiers. We: do not propose to interfere with the arrangements of counties, It {8 proposed that a Boundary Commission should examine into the boundary line with a view to rendering improvement of the boundary. It might be rectified on one side or the other. It is not an y ie a prudently exercised,» Mr. Hardifig didn’t mention the Re- publican Party nor did he make refer- ence to the “agricultural bloc" which ASHELD BY WILSON) ==» A922. HARDING eet URGES. TAX REVISION. __ ADIN ed From First Page.) ated *when wa: imperilled, and our faith in the republic was riveted anew. We ought not to find these partisan lines obstructing the expedi- tious solution of the urgent problems of peace. “Granting that we are funda- mentally a representative popular government, with political parties the governing agencies, I believe the polt- tical party in power should assume responsibility, determine upon policies in the conference which supplements conventions and election campaigns. and then strive for achievement through adherence to the accepted policy. - RENEWED CONSIDERATION OF} THE TAX PROGRAMME. “It woud be ungracious to withhold acknowledgment of the really large volume and excellent quality of work complished by the extraordinar ssion of Congress which so recentl adjourned, I am not unmindful of the very difficult tasks with which you were called to deal, and no one can ignore the insistent conditior which, during recent years, ha called’ for the continued and alm.) exclusive attention of your member- ship to public work. It would suz- gest insincerity if I expressed com- oo threatens to become an insurgent movement not unlike the famous re- volt which led to the Taft-Rooseve!t split in 1912, The fact that the Prosi- dent devoted the very beginning of his address to a plea for party har- nrony as against sectionalism is due to the tendency of the agricultu: ‘West and South to unite as against the manufacturing East, undermin- ing the hold which Democratic as well as Republican leaders have hitherto had upon their respective followers of the same political party in Congress. The President fests deeply on the! subject of the “agricultural bloc” and. the way it exerted its influence in the making of the Tax Bill, and here is his rebuke: “~ pelleve the political party in power should assume responsibility, determine upon policies in the con- ference which rupplements conven- tions and election campaigns, and then strive for achievement through adherence to the accepted policy.” This was the doctrine of Woodrow Wilson, too, except that the latter telieved in the function of the elected President as the party leader and initiator of party policies, a view which Mr. Harding also shows signs of accepting. The President made it clear that he had no desire to encroach upon the legislative branch of the Government or “to dictate” to Congress, but his message contains the following re- quests for more authority and power to the Executive than is now pos- sessed; First, the right to negotiate with foreign Governments concerning the funding of war debts. Mr. Harding promises that he will submit the agreement reached to Congress but must not be hindered by Congress | @ during the negotiations. Second the right to ignore those provisions of the Merchant Marine Act of 192) passed by a previous Re- publican Congress which requires the United States to denounce certain treaties that conflict with the author- ity of our Government to grant re- duced duties on imports carried to our shores in vessels flying the Amer- can flag. Third, the right of the Executive to handle the “permanent” Tariff Law when it is passed so that rates may be adjusted “to meet unusual and {changing conditions which cannot ‘e accurately anticipated.” Unquestionably there will be a con- quests, Already Congress has shown Ja tendency to balk at the grant. of jpower in the first case. troversy over each one of these re- ed plete accord with every expression recorded in your roll calle, but we ~ are all agreed about the difficulti=s and the Inevitable divergence of opinion in seeking the reduction, | amelioration and readjustment of the burdens of taxation. | “Later on, when other problems are solyed, I shall make some recommend- ations about renewed consideration of our tax programme, but for the imme diate time before ue we must be con- tent with ‘the billion dollar reduction in the tax draft upon the people, and diminished irritations, banished un- certainty and improved methods of coi- lection. By your sustainment of the rigid economies already inaugurated, | wath hoped-for extension of thes: | economies and added efficiencies In ad- ministration, I belleve further reduc- tions may be enacted and hindering burdens abolished. ACCOMPLISHING NOTHING ON FOREIGN DEBTS. “There is pending a grant of au- thority to the administrative branch of the Government for the funding and settlement of our vast foreigo loans growing out of our grant of war credits. With the hands ot the executive branch held impotent to dea] with these debts we are hinder- ng urgent readjustments among our tors and accemplishing nothing INDUSTRIAL COURT peal to the pride and encouragé the hope of all the American people. “There is before you tha gomple- tion of the enactment of what has been termed a ‘permanent’ tariff law, word ‘permancnt’ being used to distinguis: jt from the. emergency act which the Congress expedited early in the extraordinary session, and which is the law to-day. I ie not too strongly urge an.early con tion of this necessary legislation, It is needed to stabilize our industry at home; it is essential to make more definite ou: trade relations abroad. More, it is vital to the preservation of many of our own industries which contribute so notably to the very life- blood of cur nation, ENLARGE POWERS OF TARIFF COMMISSION. “Every contemplation, it little mat- ters in-which dircstion it turns, mag- nifies the difficulty of tariff legisln- tion, buf the necessity of the revision is magnified with it. Doubtless we ive justified in seeking a more flex- ible polley than we nav provided heretofore. I hope a way will be found to make for flexibility and elasticity, so that rates may be a!- justed to’ meet nnusuii and changing conditions which cannot be accurate- ly anticipated. There are problems incident to unfair practices and tn exchanges which maducss in money have made almost unsolvable. know of no manner in which to of- fect this flexibility other than the extension of the powers of the Tariff can adapt Commission, so that it jitself to a scientific and wholly jus’ administration of the fuw. “I am not unmindful of the consti- tutional difficulties. These can be met by giving authority to the Chief Executive, Who could proclaim addi- tional! duties to meet conditions whch the Congress may designate. “At this point [ must disavow any desire to enlarge the Executive's pow- ers or add to the responsibilities of | ithe office. They are already too large. If there were any other plan I would prefer it. QUESTION OF AMERICAN VAL- UATION. “There is manifest difference of opinion about the merits of American valuation, Many nations have adopted delivery valuation as the basis for collecting duties; that is, they take the cost of the imports livered at the port of entry as th basis for levying duty. It is no radi- cal departure in view of varying con- ditions and the disordered state of money values to provide Yor Ameit- can valuation, but there cannot be ignored the danger of snch a valua~ tion, brought to the level of our own production costs, making our tarif! prohibitive. It might do so in many instances where imports ought to be /1il for ourselves. It will be helpful to ourselves and will improve conditions among our debtors if funding and the settlement of defaulted interest may be negotiated. “The previous Congress, deeply concerned in behalf of our merchant marine, in 1920 enacted the existing Shipping Law, designed for the u} building of the American merchant marine. Among other things pro- vided to encourage our shipping on the world's seas the Executive was directed to give notice of the ter- mination of ajl existing commercia! treaties in order to admit of reduced duties on imports carried in Ameri- can bottoms. During the life of the act no Executive has comm pied with this order of the Co} en the present Administration came into responsibility it began an early in- quiry into the failure to execute the expressed purpose of the Jones act. “Only one conclusion has been pos- sible. Frankly, members of House nd Sena’ eager as I am to join you in the making of an American merchant marine commensurate with our commerce, the denouncement of our commercial treaties would involve us in a chaos of trade relationships and add indescribably to the con- fusion of the already disordered com- mercial world. ASKS FOR DELAY BY CONGRESS ON TREATY ACTION, “It is not my thought to lay the problem io detail before you to-di It is desired only to say to you tha! | the executive branch of the Govern- ment, uninfluenced by the protest of any nation, for none has been made, ie well convinced that your proposal, | Bignly intended and heartily support- here, ls so fraught with difficul- | ties and sc marked by tendencies to | discourage trade expansion that J in- vite your tolerance of noncompll- ance for « very fow weeks until a The whole thing will afford a test artificial boundary, but one which could be worked out with infinite | flexibility.” Lord Birkenhead, who was one of the signers of the epoch-making agreement, declared the conferees had made secure the safety of Great Britain and Ireland, and that they, of Mr, Harding's influence with Con- |gress, His political friends are pre- |dicting that he will win out because, they say, that as the Congressional next November—the tendency miembers will be to fall back on parts” upport of a Repuoli- king renomina. elections approach—they will be held tov of = plan may be presented which con- |templates no greater draft upon the public treasury and which, though yet too crude to offer It to-day, gives Such promise of expanding our mer- chant marine that it will argue its WA Appr it is enough to say Are 80 possessed of and the ‘American intention to establish » merchant marine is 80 uh: alterable that a plan of Feimbures ment, at no other cost than is con- plated in the existing act, will ap- encouraged. I believe Congress ought well consider the desirability of “he only promising alternative, namely, a provision authorizing proclaimed American valuation, under preserihed conditions, on any given list of arti- cles imported. ‘In this proposed flexibility, au- thorizing increases to meet conditions so likely to change, there should also be provisior. for decreases. A rate may be just to-day and entirely out of proportion six months from to-day. If our tariffs are to be made equit- able, our imports and hinder our rade abroad, frequent adjustment will be Know- ing the impossibility of modifying by act of Congress for any one or a ncore of lines without involving a long array of schedules, I think we shall go a long way toward stabilization If Is recognition of the Tariff necessary for years to come. there Commission's fitness to recommend urgent changes by proclamation. 1 am sure about public opinion favor- ing the early determination of our tariff policy. “There have been reassuring signs of a business revival from the deep been slump which all the world hi experiencing. AGRICULTURAL PROSPERITY A NECESSITY. “Something more than tariff protes- tion is required by American agricul- ture. To the farmer has come the earlier and the heavier burdens of There is actual de- readjustment. pression In our agricultural industry, while agricultural prosperity is abso- Ivtely essential to the general pros- perity of tne country, “In the main the remedy iirs in dis- Every should be given to the co-operative marketng programme, These have proved ve.y helpful to the co-operating commun!- In Russia the co- operative community hag become the and order, ved individualism from engulf- in social paralysis. Ultimately tne and = marketing encouragement tribution proper ties in Europe. recognized bulwark of and meni these will be accredifed with it. Challenges the right of the laren ay ‘product, the Sonmaaare or uct, nO one we cannot li without’ the farmer, and not necessarily burden He is jastified in rebelling against the transportation gost. "Given a fair return for hik labor, fo wu have less occasion to appeal ancial aid and given assurance Whe ne labore ananeae ben vain, we reassure all the people of a pro: duction sufficient to meet our Monal requirement and guard against ay tha existing scheme of adjusting freight rates has been favoring the basing points, until industries are attracted to some centres and repelled from others. i % “A great volume of uneconomic and wasteful transportation has attended and the cost increased accordingly. ; The grain, milling and meat packing industry. afford ample illustration, and the attending concentration is readily apparent. The menaces in concentration are not limited to the retarding influences on agriculture. Manifestly, the conditions and terms of railway transportation ought not to be permitted to increase this sun- desirable tendency, “Through the cradication of lit and the diffusion of education mankind has reached a stage whero we may falrly say that in the United States equality of opportunity has been attained, though ell are not prepared to embrace {t. There 13, indeed, a too greut divergence bs- tween the econoniic conditions of the most and’ the least favored classes in the community. But eyen that divergence has now conic to the point where we bracket the very poor and the very rich together 48 the icust fortunate classes. Our efforts may well be directed to ivaprove the status of both, “While this set of problems is com- monly comprehended under the gen- eral phrase ‘capital and labor’ it is really vastly broader. it is a ques- tion of social and economic organiza- tion, Labor has become a large contributor through jits savings to the stock of capital; while the people } who own the largest individual ag- gregates of. cupital are themselves joften hard -and earnest laborers. Very often it is extremely difficult to draw the Tine of demarcation be- {tween the two groups; to determine whether a particular’ individual is entitled to be set down as laborer or as capitalist. In a very large Proportion of cases he is both, and when he is both he is the most use- ful citizen, NEW INDUSTRIAL COURTS 8UG- | GESTED. “Just as It is not desirable that al corporation shall be allowed to im- | pose undue exactions upon the pub- llc, 80 it ig not desirable that a labor | organization shall be permitted to exact unfair terms of employment or subject the public to actual dis- tresses in order to enforce its terms. Finally, just as we are earnestly seek- ing for procedures whereby to adjust | and settle political difficulties be- tween nations without resort to wal so we may well look about for meai to settle difficulties between organ- ized capital and ized Jabor with- out resort to those forms of warfare which we recognize under the name of strikes, lockouts, boycotts and the “As we have great bodies of law and operations of industrial and financial corporations, as we have treatiés and compacts among nations which look to the settlement of dif- ficyities without the necessity of con- fiict in arms, so we might well have plans of conference, of common coun- sel, of mediation, arbitration and judicial determination in controver- sies between labor and capital. © “The consideration of such a policy would necessitate the exercise of care and deliberation in the construc- tion of @ code and a oharter of elo: mental rights, dealing with the reli tions of employer and employee, This foundation in the law, dealing with the modern conditions of social and economic life; wot hasten the building of the ten}, Pe of peace in In- dustry which a rejoicing nation would acclaim. “There is yet unreserved approxt- mately 200,000,000 acres in the public domain, 20,000,000 acres of which are known ‘to be susceptible of reclama- tion,and made fit for homes by pro- vision for irrigation. It will be good business for'the Government to pro- vide for the reclamation of the re- maining 200,000,000 acres in addition to expediting the completion of pro- jects long under way. hELP FOR STARVING PEOPLE OF RUSSIA. “While we are thinking of promot- ing the fortunes of our own people I am sure there is room in the sympa- thetic thought of America for fellow human beings who are suffering and dying of starvation in Russia. Un- | must demand that the $800,000 be carefully regulating the orgpnisation| |Ment had been reached, however. by SHEFFIELD LOANED [RT MILLION 10 AVOID BANKRUPTCY (Continued From First Page.) “8,000,000 interest ¢o pay on Jan. | 1920, and was $1,000,000 short of pos sessing the amount, We obtained the court order on New Year's Eve. | was a case ‘of receivership for the Interborough Rapid Transit Com pany or Happy New Year.” The day before he became receive: $800,000 had been loaned to the Inter borough Rapid Transit Company by the Interborough Consolidated Cor- poration. A note to cover the lo:n was found by Mr. Sheffield when he assumed the duties of receiver. Mr. Sheffield asked the I. R. 7. officials about the loan and ques- tioned its legality. He wrote io Theodore P, Shonts, late President of the I. R. T,, demanding a return the $800,000, -A copy of the letter was put evidence. It was dated June 5, 101%, end it recited that the loan mad on the eve of bankruptcy was an il- legal transaction and demanded its return. The letter follows: “Dear Sir: Iam advised by coun- ‘sel that the $800,000 loan made on March 20 by the Interboroug!: Consolidated Corporation’ to the In terborough Rapid Transit Company was in yiclation of law, and ag_al! of the facts and attending circum stances were equally known to th: Board of Directors of the Interbor ,ough Rapid Transit Company ani | the Board of Directors of the Inter- borough-Consolidated Corporation, | in forthwith returned by the Interbor- ough Rapid Transit Company to me a | trustee of the Interborough-Cons« dated Corporation,” Mr. Shonts replied on June 24 anu. stated that the Interborough had fur- nished collateral dollar for dollar t: cover the loan, Mr. Shonts pointed cut to Mr. Sheffield that the Interbo: ough Consolidated Corporation already had $1,300,000, and that in Shonts’: cpinion the loan was legal and not im- proper. Mr, Sheffield said he also found that no interest had been paid by th: Interborough on a loan of $509,001 made in 1918 by the Interborough Consolidated Corporation. An agree Sheffield and the Subway Construc tion Company. The agreement, dated June 80, 1919 recites the indebtedness of $1,300,000 by the Interborough Rapid Transit Company, the Interborough Rapid Transit Company's indebtedness the Interborough-Consolidated Cor poration and the receiver's willing ness not to enforce the return of tl loan if the Subway Constructio: Company will agree not to engage ir any new venture, Mr. Sheffield said he entered int the agreement after submitting th matter to the Federal Court and after conferring with Mr. Shonta, and also after having a conference with more than half the bondhelders anc the bondholders’ protective commit tee. This committee requested Mr Sheffield not to press his demand for a return of the loan. He also con: ferred with creditors of the Inter- borough Consolidated Corporation, and they too were disposed not to forci the recovery of the $800,090 loaned. Mr, Sheffield placed all these mat ters before Federal Judge Mayer the form of a petition which recited the facts and contained the further information that $68,000,000 4 1-2 per cent. bonds were in the hands of the public and the company unable to the interest dus. , reservedly I recommend the appro- priation neecasary to provide the Am- erican relief administration with 10,000,000 bushels of corn and 1,000,000 bushels of seed grain, not alone to halt the wave of death through star- vation but to enable spring planting in areas where the seed grains have been exhausted temporarily to stem starvation, “Many of us belong to that school of thought which is hesitant about al- tering the fundamental law. I think our tax problems, the tendency of wealth. to seek non-taxable invest ment and the menacing increase of public debt—Federal, State and clpal—all justify a proposal to sane ee » Comernae. #0 an to ond the Isai ‘taxable bonds. aE ‘AN “Lost end Found” articles’ avertised tn The World or reported fo Lost and Found Buresu®