Document dQn5EB44ZzDZZzQ51BXd3pQJQ
rating upward, we must tax cover, by a special tax, all profits industry.
equitable solution.
-
rourage all citizens to contfib- of any kind o business which ex
Some of the products of the PAY OFF DEBTS
to the cost of winning this ceed the expressed. definition of farms have net yet reached the
Item seven--paying off debts
r by purchasing war bonds the legal profit figure.
stage of parity. Others have ex and curtailing installment d u > ing
h their earnings instead of At the same time, while the ceeded parity. Under existing --should be made effective as soon
ng those earnings to buy ar number of individual Americans legislation s ceiling cannot be as possible now that money is be
es which are not essential,
affected :? small, discrepancies be placed on certain products until j coming more plentiful. These who
i. To keep the cost of living tween low personal incomes and they reach a level somewhat above j comply with it will be grateful
m spiraling upward, we must very high personal incomes should parity.
that they have done so, when this
LOn alL essential commodities be lessened: and I therefore be SEEKS LEGISLATION
j war is over.
which there is a scarcity, so lieve Lhat in time o'f this grave na
This calls for the second legis
Elimination of private debts and
t they may be distributed. tional danger, when all excess in lative action which I have men- . an accumulation of savings will Ty among consumers and not come should go to w'in the war. tioned. Under a complicated form- j provide a form of insurance against
rely in accordance with finan- no American citizen ought to have ula in the existing law, prices for-f post-waT "depression. The federal
. ability to pay high prices a net income after-he has paid his' farm products -- prices ''which agency responsible for the control
them.
taxes, of more than $25,000 a year. housewives have to pay for many of credit for installment buying is
7. To keep the cost or living
It is indefensible that those who articles o food--may rise to 110 taking appropriate action.
3m spiraling upward, we must enjoy large incomes from state per cent of parity or even higher.
Indeed, as to all the items which
scourage credit and instalment and local * securities should be It is the fault of the formula. In do not require legislation, the
iyingr~and-encourage-the--pay " ]yyn i u me~fro rrr ta >:stron~wdhite^ve` -the- ease-of-many-art icles-this can. -executive depaitirrentr'ihd agen
g off of debts, mortgages, and are a: war. Interest on such secur mean a dangerous increase in the cies whose functions ana duties are
her obligations; for this pro ities should be subject at least to
ves savings, retards excessive surtaxes.
lying and adds to the amount
1 earnestly hope that the-con
ailable io the creditors for the gress will pass a new tax bill
irchase of war bonds,
the earliest moment possJb3e.
know that you will appreci- Such action is imperative in the
that these seven principal comprehensive aii-out effort to
nts,. each and every one of keep the cost of living down--
m, will contribute in substan- antTtime is of the essence.
camps bases, rush w was te floodl the pc row c streets
No tricity saver, shipy proce: founc
A
Directory,
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MADE SVbile- .
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lathis
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