U.S. SALES TAX

Hokitika Guardian, 19 January 1933, Page 6

U.S. SALES TAX

TO. INCREASE THE REVENUE

RECOMMENDED BY MR HOOVER

(United Press Association—By Electric Telegraph—Copyright.)

WASHINGTON, January 18

President- Heave*' is dispatching to Coiigreiss,. to-day, a special message on budget balancing. Ho recommended that' a sales tax he adopted immediately; as the host method of bringing about'an increase in Federal revenues. He declared that it would i,seem the essence of good statesmanship to spread a safes tax,-at a low rate, upon all manufacturers, except food and the cheaper grades of clotii-

Froin the progress of the Appropriti cm Bids through Congress,' 'Mr, Hoover declared it' was indicated that his recommendations as to defcrea«*s in the appropriations would not bo realised, l>y one hundred million dollars or more. “Therefore,” lie added, “it is more than likely that the'deficit will amount to from live to seven hundred millions.’’ Chairman Stegall, of the House Banking. Coiiiinitt®, 0 !j35 MfiMdfil&d .a r ’’ Bill to remonetise silver. He said that the committee would start the hearings on-the . measure soon.

ANOTHER IMPEACHMENT MOVE. WASHINGTON, Jam-IS.

Representative, McFadden. (Republican., Pennsylvaiiiia), took, the House ■floor to-day, and again moved to impeach Mr Hoover. The House' tabled the resolution, for - the second time.