OCR Interpretation

The day book. (Chicago, Ill.) 1911-1917, May 31, 1916, NOON EDITION, Image 5

Image and text provided by University of Illinois at Urbana-Champaign Library, Urbana, IL

Persistent link: http://chroniclingamerica.loc.gov/lccn/sn83045487/1916-05-31/ed-1/seq-5/

What is OCR?

Thumbnail for

Washington, May 31. The income
tax thieves, whose annual loot of
$320,000,000 has been uncovered in
the preceding articles, are literally
stealing fleets of dreadnaughtg. regi
ments of troops and squadrons of
aeroplanes !
The income taxes fraudulently
withheld from the U. S. treasury
would pay the entire cost of the great
increases in the navy recommended
by the secretary of the navy, the
great increase in the army provided
for in the Hay bill, and would leave
an enormous surplus to be expended
for those great social measures, such
as olci-age pensions and unemploy
ment insurance, which must be the
basis of any genuine national effi
ciency and preparedness.
It must be remembered that the
$320,000,000 theft, which I have ex
posed, is not a matter of the one
year, 1914, but is re-enacted every
year, and will continue until drastic
action is taken to stop the thefts. If
these frauds are permitted to con
tinue, at the end of five years the
American people will have been
robbed of more than one and a half
billion dollars!
The army and riavy -estimates are
based upon five-year programs, so
that it is easy to compare their total
expense with the revenue that is be
ing lost through the income tax
frauds. The estimate of the secretary of
the navy involves the expenditure
during the next five years of $502,
482,214, and provides for the con
struction of ten dreadnaughts, six
battle cruisers, ten scout cruisers,
fifty destroyers, 100 submarines and
the necessary aerpolanes and auxil
iary ships.
-The Hay bill involves the expendi
ture during the next five years of
$229,622,945 and provides for an en
larged niilitia and for increasing the
regular army by the addition of ten
regiments of infantry, five regiments
of field artillery, 52 companies of
coast artillery, 15 companies of en
gineers and four aero squadrons,
making a total increase of 40,000
men and 7,450 officers.
The billion and a half dollars of
revenue, which the U. S. gov't stands
to lose during the next five years if
the incorne tax frauds are not
stopped would pay the total in
creased cost involved in this army
and navy program and leave seven
hundred and seventy million dollars
to pay for more preparedness, if we
need more preparedness, or if we
don't need it, enough to pay for old
age pensions or to dig another Pana
ma canal!
The income tax thieves are not
only stealing the price of adequate
national preparedness, but are loot
ing the government of the surplus
revenues which must be the basis
for all the big social welfare pro
grams which the American workers
will in the near future demand from
their government as they have been
demanded and secured by the work
ers of England, France and Germany.
o o
Friends of Irish freedom will ask
each political party to incorporate in
its platform the promise that United
States, if acting on arbitration board
at close of war, shall recpgnize Ire
land as a nation. Organization will
hold mass meeting Auditorium Sat.
night to protest against British rule
of Erin.
'State Prohibition convention con
venes at Peoria today. Ex-Gov. Sul
zer of New York and ex-Gov. Eugene
Foss of Mass., who are seeking the
"drys" nomination for president, will
speak. It is believed John R. Golden
will be nominated for governor.

xml | txt