Eonrad'6 «euer Lade«.
IS« Wyoming Avenue.
Die neuesten Moden in Männer und Knaben
Steifen und weichen Filz Hüten, Hemden,
Ansstaffirungen, Handschuhen usw.
Organiftrt in IBBS
—,«r nur SK Jahren—hat die Trad«r» Rational einen Rekord für
gleichmäßige« und beständige« Wachsthum. Depositen sind iaSgesammt jetzt
Über vier und ei,e Halde Million Dollar «-sie haben sich mehr
wie »erdoppelt in den letzten sech« Jahren—und sie wachsen immer noch.
Traber s National Bank,
Ecke Wyoming Avenue und Tprnee Straße.
»Gefälligkeit unsere Losung."
Für Ihre« Sä«gli«g
der ein »Ute« Nahrungsmittel nöthig hat. oder svr Ihre Familie, wenn Sie
wünschen reiche, reine Milch, gebrauchet
Dr. Lange's Laclated Tissuc Food.
t' Es ist nicht, was wir sagen, sondern wa« die Milch thut, welches die ganz»
Geschichte Ihrer Populäritiit erzählt.
Fraget den Apotheker dafür oder schreibt an , i
Nr. AAngr,
»1» lefferson Avenue, Scranton, Pa
WD Das Bier von Bieren
seit über dreißig
Die höchste Errungenschaft in
Braumeister.Kunst ist ange
! "ehm und überzeugend demon-
E. Robinson's Söhne
WW Pilsciitr Bier
j Es ist ein wirklich gesundes
Bier mit einem reichen, vollen
Geschmack, der ganz sein eigen ist
nicht mehr kostet, wie die ~ge!-
! -
wohnlichen" Gebrane.
Rufet 470 „altei" Rufet 54! i „neues."
Eine Haut wie Sammt
!Ä/ Slatt, rein, frei von Falten.
V. ?»»e' M, IN IVI k'-
««»»»> U7>ic »'NT' K
Vi/«a-r «in» a«. IVI H ./X I /X
<? leid« «ri»,»«,. M.
ß Lvsrv.ro»6«-oktkispspsr
UZ MMW
Duplex co.-
Carter s kleine Leber-Pillen.
Sie können nicht an Ei» Heilmittel, das
Verstopfung leiden bewirkt, das, man des
Nlld glücklich sein. Lebens froh wird.
M-w-P.-.- «-ch.mi.d--Un.°-sch°s.
Metue Zwft«.
Metoe Preise. '
Gttrter's Mfen-Vttl-n
<A beim nächsten Bedarf, daß die Accidenz.
Abtheilung des „Scranton Wochenblatt"
eine der besten in der Stadt ist. /t
! Für Haus und !
Küche.
in eine Bratpfanne geschnitten mit et
was Butter, Pfeffer und Salz; wenn
sie genug gelocht haben, schlägt man
Suppe mit Zwiebeln.
In einem Topf wird ein Eßlöffel
voll Butter aufgelöst, in die man vier
zu. Diese Suppe wird in Tassen ser
viert.
Toulouse-Salat.
große, dünne Scheibe frische Annanas
(Pineapple). Eine Scheibe von einer
reifen Tomato ist die nächste Schicht,
Gefüllte Kohlrübe.
Die Kohlrübe wird geschält und
leicht gebrüht. Dann schneide man
einen Deckel ab, höhle diesen und das
Innerste des untersten Teiles aus.
Dieselbe Füllung wie für Kalbsbrust
kann zum Füllen der Kohlrüben ge-
Deckel wieder auf, und stelle die Rübe
in einen möglichst schmalen, hohen
Topf. Aus Wasser, Suppengrün und
etwas Mehl, Syrup und dem Inneren
hergestellt, die mit Salz abgeschmeckt
wird. Diese Sauce gießt man über
Grüner Pfeffer einge
macht.
Aus zwei Dutzend grünen Pfeffer
schoten wird der Samen genommen,
durch einen Einschnitt in die Seite,
doch müssen sie ganz bleiben. Eine
starke Salzbriihe wird darüber gegos
sen, worin sie vierundzwanzig Stun
den bleiben. Sie werden dann aus
der Salzbrühe genommen und ausge-
Messer die kleinen Blätter heraus, lasse
lössel auf den Durchschlag gelegt, um
die Köpfchen ansehnlich zu erhalten,
und dann schnell zugedeckt. Beim An
erst noch das herausgelaufene Wasser
entfernt werden muß. Am besten legt
man den Blumenkohl zum Abkochen in
:ine Serviette, damit derselbe beim
Herausnehmen nicht breche und gut
iblaufe, Zeit des Kochens einundein-
Wenn Sie ermüdet
und durstig find
Goldene Medaille
Stegmaier Brau Co.
Wm. F. Kiesel,
Aaffage- Notariats- »«d v»«t-
Geschäst, Fener-Berficher«»>.
lStabltrtlSz».!
S tS Lackawanna Ave., Scrantou, Pa.
Die Fahrt der Deutschland
Preis, SI.S?
Gebrüder Scheuer's
„Keystone"
Brod, Cracker und
Cakes Bäckerei,
3tZ Zts und Zt7 Brook Straße,
gegenüber der Knopf-Fabrik,
Süd Scranton.
»Sicherheit—zu allererst.»
Zerantan Savings und
Dime Bank.
H, G, Danh»m, Llzl Präsiomt.
Z V>,c K<ä^«e»«.
Die größte Staatbank in Pcuustzlliaali
NelvetvepA.
Restauration»
l'able li'kote
von 12—2 Uhr Nachmittags.
A. Aente. Sigenth.
!S0« S»<» Penn Avenue.
Z2Z-Z25 Sprue« Straße.
.Club' Frllhstitck.
Dinner und Kaufmann'S Lunch
ll.Zl) bis S.
A la Carte immer.
Theater Gesellschafteu Spejialtt«.
Prompte Bedienung.
5 George I. Rosar, Eigenthümer.
Henry Horn <
Restaurant,
!tIZ Pen« Ave., Srraoto«, P«.
«»ßn »ei, b«steu «llrSnten »u» «I«««»
»erde» auch »i« i« ein» »,r,«,llche, »als»«,
«ich, ,»bere>«le» Speise» <>» s Verl«»»» s««-
«irt, »»»»war,» sehe «iKlge» Preise»,
«auf»»»»« Miiiag«l»»ch ««glich 2d <««».
Ze»e» Sa«?»« «de»» ««rmer L»»ch—»ch»«t-
I»lchei. Bees - la M«»e, »ii Eauerka»!
«der Aaeioselsalai.
Schabt Co.,
Altgemeine Versicherung,
«03 T Mear« Gebäude»
W. S. Vaughau,
<Ln>»>cizc»th»«
Gekauft, Verkauft,
Bermiethet.
Office, bso Spruce Straß«,
Scrantou, Pa
Deutsch gesprochen. HOW SHALL WE
PAY FOR THE WAR?
A Constructive Criticism on the
House Revenue Bill.
LOANS BETTER THAN TAXES
Five Reasons Why Excessive Taxes at
the Outset of War Are Disadvantage
ous—Great Britain Example Worthy
of Emulation—How the Taxes Should
Be Apportioned.
By EDWIN R. A. SELIGMAN,
McVickar Professor of Political Econ
omy, Columbia University.
On May 23, 1017, the House of Rep
resentatives passed an act "to provide
revenue to defray war expenses and
for other purposes." In the original
bill as presented by the Committee of
Ways and Means, the additional reve
nue to be derived was estimated at $l,-
810,420,000. The amendment to the in
come tax, which was tacked onto the
bill during the discussion in the House,
was expected to yield another $40,000,-
000 or $50,000,000.
In discussing the House bill, two
problems arise:
I. How much should be raised by
taxation?
11. In what manner should this sum
be raised?
I. How Much Should Be Raised by
Taxation?
now was the figure of $1,800,000,000
arrived at? The answer is simple. When
the Secretary of Ihe Treasury came to
estimate the additional war expenses
for the year 1917-18, he calculated that
they would amount te some s(],<!oo,-
000,000, of which $3,000,000,000 was to
be allotted to the allies, and $3,600,
000,000 was to be utilized for the do
mestic purposes. Thinking that it
would be a fair proposition to divide
this latter sum between loans and
taxes, he concluded that the amount
to be raised by taxes was $1,800,000,-
000.
There are two extreme theories, each
of which may be dismissed with scant
courtesy. The one is that all war ex
penditures should be defrayed by loans,
and the other is that all war expendi
tures should be defrayed by taxes.
Each theory is untenable.
It Is indeed true that the burdens of
the war should be borue by the pres
ent rather than the future generation:
but this does not mean that they should
be borne by this year's taxation.
Meeting all war expenses by taxation
makes the taxpayers in one or two
years bear the burden of benefits that
ought to be distributed at least over a
decade within the same generation.
In the second place, when expendi
tures approach the gigantic sums of
present-day warfare, the tax-only pol
icy would require more than the total
surplus of social income. Were this
absolutely necessary, the ensuing hav
oc in the economic life of the Communi
ty would have to be endured. But
where the disasters are so greal and
at the same time so unnecessary, the
tax-only policy may be declured im
practicable.
Secretary McAdoo had the right in
stinct and highly commendable cour
age in deciding that a substantial por
tion. at least, of the revenues should
be derived from taxation. But when
he hit upon the plan of 50-. r >o per cent,
that is, of raising one-half of all do
mestic war expenditures by taxes, the
question arises whether be did not go
too far.
The relative proportion of loans to
taxes is after all a purely business
proposition. Not to rely to a large ex
tent on loans at the outset of a war is
a mistake.
Disadvantages of Excessive Taxes.
The disadvantages of excessive taxes
at the outset of the war are as follows:
1. Excessive taxes on consumption
will cause popular resentment.
2. Excessive taxes on industry will
disarrange business, damp enthusiasm
and restrict the spirit of enterprise at
the very time tohen the opposite is
needed.
3. Excessive taxes on incomes will de
plete the surplus available for invest
ments and interfere with the placing of
the enormous loans which will be neces
sary in any event.
4. Excessive taxes on wealth will
cause a serious diminution of the In
comes which are at present largely
drawn upon for the support of educa
tional and philanthropic enterprises.
Moreover, these sources of support
would be dried up precisely at the time
when the need would be greatest.
5. Excessive taxation at the outset of
the war will reduce the elasticity avail
able for the increasing demands that
are soon to come.
Great Britain's Policy.
Take Great Britain as au example.
During the first year of the war she
increased taxes only slightly, in order
to keep industries going at top notch.
During the second year she raised by
new taxes only 9 per cent, of her war
expenditures. During the third year
she levied by additional taxes (over
and above the pre-war level) only
slightly more than 17 per ceut. of her
war expenses.
If we should attempt to do as mueh
In the first year of the war as Great
Britain did In the third year it would
suffice to raise by taxation $1,250,000,-
000. Jf, in order to be absolutely on
the safe side, it seemed advisable to
increase the sum to $1,500,000,000, this
should, in our opinion, be the maxi*
mum.
in considering tne apportionment of
tbe extraordinary burden of taxea In
war times certain scientific principles
are definitely established:
How Taxea Should Be Apportioned.
(1) The byrden of tases must be
spread as far as possible over the
whole community so as to cause each
individual to share in the sacrifices ac
cording to his ability to pay and ac
cording to his share in the Government
(2) Taxes on consumption, which arc
necessarily borne by the community at
large, should be Imposed as far as pos
sible on articles of quasi-luxury rather
than on those of necessity.
(3) Excises should be imposed as fni
as possible upon commodities in rtr.
hands of the final consumer rathei
than upon the articles which serve pri
marily as raw material for furthei
production.
(4) Taxes upon business should be
imposed as far as possible upon net
earnings rather than upon gross re
ceipts or capital invested.
(5) Taxes upon income which will
necessarily be severe should be both
differentiated und graduated. That is
there should be a distinction between
earned an£ unearned incomes and tlier
should be a higher rate upon the largei
incomes. It is essential, however, not
to make the income rate so excessive
as to lead to evasion, administrative
difficulties, or to the more fundamental
objections whieh have been urged
above.
(G) The excess profits which are due
to tbe war constitute the most obviou
and reasonable source of revenue dur
ing war times. But the principle upon
which these war-profit taxes are laid
must l>e equitable in theory and easily
calculable in practice.
The Proposed Income Tax.
The additional income tax as passed
by the House runs up to a rate of CO
per cent. This is a sum unheard of in
the history of civilized society. It must
be remembered that It was only afte
the first year of the war that Great
Britain increased her Income tax to the
maximum of 34 per cent., and that
even now in the fourth year of the war
the income tax does not exceed 42'_
per cent.
It could easily be shown that a ta>
with rates on moderate Incomes sub
stantially less than In Great Britain,
and on the larger incomes about a>
high, would yield only slightly less than
the $532,000,000 originally estimated in
the House bill.
It Is to be hoped that the Senate will
reduce the total rate on the highest In
comes to 34 per cent, or at* most to 40
per cent, and that at the same time if
will reduce the rate on the smaller In
comes derived from personal or profes
sional earnings.
If the war continues we shall have to
depend more and more upon the in
come tax. By imposing excessive rates
now we are not only endangering the
future, but are inviting all manner of
difficulties which even Great Britain
has been able to escape.
Conclusion.
The House bill contains other funda
mental defects which may be summed
up as follows:
(1) It pursues an erroneous principle
in imposing retroactive taxes.
(2) It selects an unjust and unwork
able criterion for-the excess-profits tax.
(3) It proceeds to an unheard-of
height in the income tax.
(4) It imposes unwarranted burdens
upon the consumption of the commu
nity.
(5) It is calculated to throw business
Into confusion by levying taxes on gross
receipts instead of upon commodities.
(6) It fails to make a proper use of
stamp taxes.
(7) It follows an unscientific system
In Its flat rate on Imports.
(8) It includes a multiplicity of pet
ty and unlucratlve taxes, the vexatious
ness of which is out of all proportion to
the revenue they produce.
The fundamental lines on which the
House bill should be modified are sum
med up herewith:
(1) The amount of new taxation
should be limited to $1,250,000,000—0r
at the outset to $1,500,000,000. To do
more than this would be as unwise as
It Is unnecessary. To do even this
would be to do more than has ever
been done by any civilized Govern
ment in time of stress.
(2) The excess-profits tax based upon
a sound system ought to yield about
$500,000,000.
(3) The income-tax schedule ought to
be revised with n lowering of the rates
on earned Incomes below $lO,OOO, and
with an analogous lowering of the
rates on tbe higher Incomes, so as not
to exceed 34 per cent A careful cal
dilation shows that an Income tax of
this kind would yield some $450,000,-
000 additional.
(4) The tax on whisky and tobacco
ought to remain approximately as it is.
with a yield of about $230,000,000.
These three taxes, together with the
stamp tax at even the low rate of the
House bill, and with an Improved au
tomobile tax, will yield over $1,250,-
000,000, which is the amount of money
thought desirable.
The above program would be In har
mony with an approved scientific sys
tem. It will do away with almost all
of the complaints that are being urged
against the present. It will refrain
from taxing the consumption of the
poor.
It will throw a far heavier burden
upon the rich, but will not goto the
extremes of confiscation. It will ob
viate Interference with business and
will ke unimpaired the social pro
dactivlty «.f the community.
It will establish a Just balance be
rween loans and taxes and will not
succumb to the danger of approaching!
either the tax-onlj policy or the loan j
only policy. Above all. It will keen an
undisturbed elastic margin, which
must be more and more heavily drawn
npon as tbe war proceeds.