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DOUGLAS COUNTY SENTINEL, DOUGLASVILLE, GEORGIA. Profesisonal Column DR. D. HOUSE WORTH Attention to Surgery and Diseases of women and children Office in Hutcheson Building Office Rhone No. 118-2 Residence Phone No. 118-3 D. S. STRICKLAND Attorney at Law Office In Hutcheson Building. R. H. Poole C. V. Vansanl DRS. POOLE & VANSAfcT. Surgery and Chronic Dlseuses of Women and Children a Specialty. Office over Selmun's Drug Store. Phone Nos. 24. 02 and 80. J. R. HUTCHESON, Attorney-at-Law. Office in Hutcheson Building. JOHN H. HUDaON Attorney and Counselor at Law. VILLA RICA, Ga. \ DR. R. E. HAMILTON Physician and Surgeon Office in Hutcheson Building Office Phono 106; Residence, 44 ooooooooo. Walter Tailor and Men’s Furnishings Stop in and look 69 W. Mitchell Atlanta Near Terminal staticn OOOOCOCOGOOOO TAKE THIS FOR CHILLS, FEVER, MALARIA For a malarial con li ion with chills, fevers and sweats, take Foley's * King of Malaria" OiUU Tome, it comoines the virtues of quinine, without its un pleasant taste, wicii the strong, purify ing and tonic properties of iron. It 1 gives appetite, strength and vital ( energy. Try it. J. L. Selman & Son \ LOANS BETTER THAN TAKES DR. F. M. STEWART, Dentist. Office over Selmun’s Drug Store. ASTOR MERRITT ’ ATTORNEY AT LAW DOUGLASVILLE. GEORGIA, J, M. BOYD Physician and Surgeon Office in llutBheson Building. Phones—Residence No. 128-2; Office No. 128-3. DR. G. H. TURNER Physician and Surgeon Special attention given to diseases of the Eye, Ear, Nose and Throat Office over Philips' Store. Preserve Your Complexion, the easy, pleasing way by using Magnolia Balm before and after outings. You can fearlessly face the sun, wind and dudt because you know Magnolia Balm keeps you safe from Sunburn and Tan. This fragrant lo tion iswonderfully soothing, cooling and a great com fort after a day outdoors. Magnolia Balm is the skin-saving beauty secret which is regularly „,used when once f tried. Magnolia Balm LIQUID FACE POWDER. Pink. While. Woie ReJ. 75c. at ‘Druggists or op mall direct. Sample (either color) for 2c. Stamp. , Lyon Mfg. Co., 40 Sbuth Fifth St., Brooklyn. N Y, A Telephone Saves Time And Time Is Money. It makes no difference whether vou live town or in the country, a Telephone is a NECESSITY. It is a, pleasure to converse with vour friends i n neighbors. It is a convenience when vou want to speak to your Lawyer, Doctor, or Merchant. It is is protection to your family in your absenc . Let Vif Install One For You To-Dc y Gainesboro Telephone & Telegraph Co L. K. SMITH, Gen. Mgr.J. M. MONTGOMERY Local Mgr. Carrollton, Ga. - Douglasville, Ga. and above the pre-war level) only th * w * r continue. w. .hall hav lightly more than 17 ^r cent, of her . war expenses. - now we are not only ondangaring tf If wo should attempt to do os much f uturei but are inviting all manner i In the first year of the war as Great difficulties which oven Groat Britai Britain did in the third year it would Has boon able to oacapo. suffice to raise by taxation $1,260,000,.. j Conclusion. 000. If, In order to be absolutely on j The House bill contains other fundi the safe side, It seemed edvlsablo to mental defects which may ho annum increase the sum to $1,600,000^)0, this up ns follows: should, in our opinion, be the maxi- j (1) it pursues an erroneous princlph “urn. ' In imposing retroactive taxes. In considering the apportionment (2) It selects an unjust and unwork- the extraordinary burden of taxes in able criterion for the excess-profits tax; war times certain scientific principles (3) It proceeds to an nnheurd-ofj are definitely established: ] height In tlie income tax. How Taxes Should Be Apportioned, j (4) It imposes unwarranted burden* (1) The burden of taxes must be upon the consumption of the commit* spread as far as possible over the ^ty. whole community so as to cause each (5) It Is calculated to throw bus!n< individual to share in the sacrifices ac- Into confusion by levying taxes on gross] cording to his ability to pay and ac* receipts instead of upon commodities, cording to his share in the Government.' (0) .It fails to make a proper use ol (2) Taxes on consumption, which are stamp taxes, necessarily borne by the community at CD It follows an unscientific systei large, should be imposed as far as pos- hi its flat rate on imports, sible on nrticles of quasi-luxury rather (8) It includes a multiplicity of pefc-| than on those of necessity. : tyand unlucratlve taxes, the vexotl (3) Excises should be imposed as far ness of which is out of all proportion t4 as possible upon commodities in the the revenue they produce, hands of the final consumer rather', * * * ♦ \ than upon the articles which serve pri-j The fundamental lines on which tl raarily as raw material for further House bill should be ntodified are sum- productlon. , med up herewith: (4) Taxes upon business should be %(1) The amount of new taxation I imposed os far as possible upon net should be limited to $1,260,000,000—or earnings rather than upon gross re- at the outset to $1,600,000,000. To do! ceipts or capital Invested. j more than this would be as unwise as I (6) Taxes upon income which will it is unnecessary. To do even this necessarily be severe should bo both would bo to do* more than has ever I differentiated and graduated. That is, been done by any civilized Govern* there should be a distinction between ment in time of stress, earned and unearned incomes and there | (2) The excess-profils tax based upon should be a higher rate upon the larger a sound system ought to yield about incomes. It is essential, however, not $500,00b,f)00. to make the incomo rate so excessive!. (3) The incorao-tnxscheduleought'toT as to lead to evasion, administrative be revised with a lowering of the rate* difficulties, or to the more fundamental on earned iucomes below $10,000, and objections which have been urged I with an analogous lowering of tbo above. | rates on the higher incomes, so as not (0) The excess profits which are due, to exceed 34 per cent A careful cal- to.the war constitute the most obvious | culation shows that an income tax of and reasonable source of revenue dur ing war times. But the principle upon which these war-profit taxes are laid must bo 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 60 per cent This is a sum unheard of in the history of civilized society. It must be remembered that it was only after the first year of the whr that GTeat Britain increased her income tax to the maximum of 34 per cent, and that oven now in the fourth year of the war tire Income tax does not exceed 4216 per cent. It could easily be shown that a tax with rates on moderate incomes sub stantially loss than in Great Britain, and on tho larger incomes about as high, would yield only slightly less than the $532,000,000 originally estimated in the House bill. Save The Difference O UR BUSINESS is]selling shoes at less than their market value, A positive saving of 25 percent to 50 per cent. Our specialties, Sam - pie Shoes and manufacturers canceled orders. We are receiving spring stock every week. We fit the whole family. THE TUGGLE SHOE CO, 4.South Broad Street, Atlanta, Georgia Cansler Brothers Auto Repairing of All Kinds Oils and Greases of all kinds Five Reasons Why Excossive Taxes at the Outset of War Are Disadvantage ous—Groat Britain Example Worth) of Emulation—How the Taxes Should Be Apportioned. ‘ By EDWIN R. A. SELIGMAN, McVtckur Frofeasor of Political Econ omy, Columbia University. On May 23, 1917, tho House of Rep resentatives passed an act “to provide revenue to defray war expenses riiitl for other purposes.” In the original bill us presented by tho Committee ©J Wnys and Moans, tho additional'reve nuo.to be derived was estimated at $1, 810,420,000. Tho amendment to tho in come tax, which was tacked on to the bill during the discussion in the House, wps expected to yield another $40,000. 000 or $50,000,000. In discussing the House bill, two problems arise: I. How much should bo raised by taxation? II. In what "manner should this sum be raised? t I. How Mvoh Should Be Raised by Taxation? How was tho figure of $1,800,000,000 arrived at? The answer is simple. When tho Secretary of the Treasury came to estimate the additional war expenses for the year 1017-18, he calculated that they would amount to some $6,000, 000,000, of which $3,000,000,000 was to bo allotted to the allies, and $3,600, 000,000 was to be utilized for tho do mestic purposes. Thinking that it would be a fair proposition to divide this latter sum between loans and taxes, ho concluded that tho amount to bo raised by taxes was $1,800,000, 000. There are two extreme theories, each of which may be dismissed wltn scant courtesy. The one is that all war penditures should be defrayed by loans, and tho 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 borne by tho pres ent rather than the. future generation; but this does not mean that they should be bornfi by this yeur’s taxation. Meeting all war expenses by taxation makes tho taxpayers in one or two years bear the burden of benefits that ought to bo distributed at least over a decade within the same geueratlon. 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 ensuiug hav oc in the economic life of the communi ty would have .to be endured. But where the disasters are so great and at the same time so unnecessary, the tax-only policy may be declared im practicable. Secretary .McAdoo had the right in stinct and highly commenduble cour age in deciding that a Substantial por tion, at least, of the revenues' should be derived from taxation. But when he hit upon tho plan of 60-60 per cent., that is, of raising one-half of all do mestic war expenditures by taxes, the question arises whether he did not go coo far. The relative proportion of loans to taxes Is after all a purely business proposition. Not to rely to a large ex tent ou 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 when 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 B. Excessive taxation at tho outsit of tho war wiH reduce the elasticity avail able for tho increasing demands that are soon to come. Great Britain’s Policy. Take Great Britain qs an example. During the first year of the war she Increased taxes .only slightly, in order to keep industries going at top noteh. During the second year she raised by hew taxes only 9 per cent qf hgr war prr^* tV.!rd y?r.r she :! bT - this kind would yield some $450,000, 000 additional (4) The tux 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, nnd with an improved uu- 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 tho consumption of the poor. It will throw a far heavier burden upon the rich, but will not go to the extremes of confiscation. It will ob- < vlate interference with business and will keep unimpaired the social pro ductivity of the community. It is to be hoped that the Senat. will , 14 wi “ establish * Just balance be- >duce tho total rate on the hlahest In'” tween !°““ “a * ° S , WU1 “°* succumb to the danger of approaching- either the tax-only policy or the loan- only policy. Above all, It will beep; an undisturbed elastic margin, which] must be more and more heavily drawn ffifeon as the war proceeds. reduce the total rate on the highest in comes to 34 per cent, or at most to 40 per cent, nnd that at the same time It will reduce the rate on the smaller In comes derived from personal or profes sional earnings. The Southern Rail way Farm Bureau Has asked usjforjajlist of our farms for sale. They advertise these all over the Untted States. List your farm with us now so we can get it well Advertised. DAKE & McLARTY