. St. Nicholas [serial]. them, and pretty nearly everybody is on one side or the other, convinced that it is the right Watch Tower cannot take sides on debatable questions; it can only report things that happen. But surely we can go so far as to say that we hope no man and no nation is going to accept responsibility for letting the truce be turned into war, so long as it can possibly be avoided. REVISING THE TAXES On August 20, the tax-revision bill passed theHouse by a vote of 274 to 125. It removes—beginning January 1, 1922—the excess-profitstax, which has been a burden on business,
. St. Nicholas [serial]. them, and pretty nearly everybody is on one side or the other, convinced that it is the right Watch Tower cannot take sides on debatable questions; it can only report things that happen. But surely we can go so far as to say that we hope no man and no nation is going to accept responsibility for letting the truce be turned into war, so long as it can possibly be avoided. REVISING THE TAXES On August 20, the tax-revision bill passed theHouse by a vote of 274 to 125. It removes—beginning January 1, 1922—the excess-profitstax, which has been a burden on business, andincreases by a small percentage the general taxon the earnings of corporations; it increases theexemption on the income tax of married men,and doubles the allowance of exemption forchildren; and it lowers many taxes which wereimposed because of the special war-time need ofrevenue. It does away with some of the so-callednuisance-taxes,—such as the two-cent war-taxeson soda and ice-cream sold over the counter,—. © Uuderwood & Underwood EAMON DE VALERA THE WATCH TOWER 1133 and puts in their stead a tax on materials. Eventhough the new arrangement were not to workout in a decrease in prices to the consuming public,there would be a gain in the ease of collection. With this vote in the House, the Administra-tions program took one more step sum raised by the new schedule of taxationwill not be nearly up to the original estimate ofthe amount of revenue needed; but if the Govern-ment is run economically, expenses can be keptdown to fit the revenue actually raised—and thatis where Mr. Dawes has a .chance to get in someof his fine work. STARVATION IN RUSSIA •Taking a crack at Russia has been a populargame. Sometimes it seems as though folks werejust trying to see who could say the worst thingsabout that unhappy land and its people. It isnot easy to say anything good about those whohave been in power since the Czar was dethroned,but the day has not yet come, ind
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