”  ii
 l 4 THE LITERARY DIGEST DECEMBER 5, l93l i
 ` The Minneapolis Tribune emphasizes the boomerang effect Our   Tax  a 1 _
I of any boycott instituted against Japan:
. . . . 66 ‘ f · , _ · V
· "The boycott 1S a two-edged instrument which cuts in more NIA A MIRACLE CAN PREVENT eu mcieaee U1 _
than one direction. The notion that one nation can sever trade Federal taxes during the coming session of Congress?  _
_ relatitonstwith another as a means of coercion without definitely Vvith that Stotomout ot tho Chicago Journal Of V
working injury to itself is about as tallacious, on the face of it, as Commerce qu Observers SBB to 3 GB
the notion that a man can butt over a stone wall without _ ‘ ‘ ' ' m   ' _ ·
i SUB-Bring various bruises and oontusioos to tho proooso But Just what taxes shall be raised or laid to meet the huge ‘
"In the case of the United States, the declaration of a boycott deficit which is expected to total about $2,000,000,000 by the  '
against Japan would mean the immediate alienation of a nation end of tho gsm] yom. ooxt Juno? ‘
which m 1930 bought goods Valued et $219’0O0’000' Shall Tfncle Sam get it only from his wealthy nieces and _
®THER papers opposed to the United Stages joining any League “l€`PIl{€;"$ thmugll h1gl1€l`i 11100111Pi, estate, and gm; taxes? Q1-  I
boycott against Japan include the Seattle Times, the Dallas siat)   makle ex erybody contribute through a genteral sales  >· ·
` News, the Nlemphis Commercial Appeal, the Atlanta Constitu- wxh t not tub then how about, al Sdéguve Salas wx'  ,
, mm, the luialmi Herald, the l\,Immh€StGI_ (N. Ht) Dalian, the It 1 e inenrwho make Uncle Sam s decisions are ready for a hot 2
Cincinnati Times-Star, the St. Louis Globc—Dem0crat, the Kansas lg It Ol 91 these 1SSu$S’ ai We M6 ml? by the Washington 2 f
  ¤]0urnal"POSt, the Denver POSL the New ~\vOI`_l{ _¥]_))l€I'1;C([]L correspondent Of the bla", Xork He]`ald 7 ’7’bunC‘  
and the rest of the Hearst papers,and the Sankranctsco Chromcle. utvhile it is conceded HO ggnaml Sales mx mm pass Congress,  g
Many Papers agrea with the laSl?‘m““€d’that boycolts are the Treasury is expected to advocate a selective sales tax on  ,
the League’s affair, not ours." The Los Angeles Times wires: articles which the advocates of this tax will call luxuries, includ-  ih
‘_ _ °   _ ing automobiles and radios. .  
_The U¤¤t<·>d States has Chosen to remam Outslq? Phe L°“gu€· "Some members of both Houses express doubt whether any _ ‘
· Tlns reason will be considered by many sufncient to bar Solos tax or oxotso tax com bo passed - .
action On Ou" Part as 3 Part Of the L€**g“"» Qwn in this Ca*S€·n "The insurgent Republicans, some of the Democrats, and part  
The l\ianchester (N. H.) Union recalls that the American ef the lhlgular Repubhcims will fight herd agamst {mY taxes f 
I . md mgmbgrshi in the Lea ue because thev Ndid except higher surtaxes, higher estate taxes, and the gift tax,
PROP? rele? _ P g ~ as well as a tax on stock speculation." is
not hke this coercion c1ause." Moreover: ··,
"The League of Nations Council itself is impotent to enforce ®NE of the most aggressive advocates of a sales tax is William '  
;%hI;¤'{>§§:g?i (gtgggclon against Japan mthouli uw COOPGWUOU of Randolph Hearst, the publisher, who recently invited American  
··1¤ other Words, in seeking to save its race by bringing its S"“"‘i°“ "“Td Il°p"*S"“m""’S t° mr Canada at ms "Xp°“S"’ t° ~
Sanctions into play, tho Council hopos to roly on Amorioajs stud; the worleings of the sales tax there. Sixty-four lawmakers  I
strong arm in enforcing its demands. Do the American people W€*Hf 011 tllé t1`1P, WB 1'€¤d- AYQHIHE fOI` Ellis lGgiSl8·ti0H, Mlérryle Y
Wish to 3·SSl1m€ S110h 3 1`6l€? W9 do ¤0t believe they d0-" Stanley Rukeyser says in Mr. Hearst’s VVashington Herald that - `
The Now York Sun oommoods tho ototioo of Ambassador profit taxes "reacl1 the vanishing—point in periods of depression," `
Dawes in this ygspggt; and “C0rp0r&tiou and personal-income taxes penalize the -
, ··Amb3,sSaa0r Dawes an wen pmmpny to announce at °m°‘€F‘l ll{r°d“Y€” fm ud1S?“b"t°;t bulfhe mis °a‘x,}S. ‘f$”"“ ._
[ Paris that whatever the League might do in the way of putting pawn"` B Ga? O C0 Gctmni an rélimvgly Pa‘m}€SS~ ll’_ 9x' t
l, economic pressure on Japan, the United States would have no 6111DtS 11€0€SS1f1€S,” wld Hh3·$ @116 IHHHEHSG méflt Of bemg a  `
part in such a move. Our obligations toward China, as exprest revenue-producing tax at all stages of the business cycle."  J
` in the Nine-l’owe1· Treaty, require no such action now, if ever, Bot tho Comdoo CouTto,._poSt holds it ditforoot viowt  _;
"Indeed, it is remarkable that an economic boycott against  —;
Japan, or anything resembling it, should be suggested at the it _tm_ form Of taxes Such as (mgmt Sales and tobacco taxes t
present stage of events in Manchuria. _’ , " u · ’ g .H dd 4 . ` ‘ ’
MF bl V ld b . : Y t. I or taxes on sma incomes now exempt, wi a unfairly to the
. ar more reasona e wou e an 1nquir5, eit ier under the b , . , »
. . . . ui den of the little fellow. .
Nine-Power Treaty or by the League, as to conditions in Man- t.BQOau%_ they Wm further Cut the purchasing power Of the  ;
churia and the best wav to bring peace." ` . , ,,  `
r great masses and so retard business revival. ,
;lB_°YC°TT ful no boycott by the Wgémru nutlousi that will be Agrecing with that view, the Jacksonville Journal maintains l
Chma’s mam weapon against Japan in the months to come, if that tea Solos mx taking from Wago_om_D6rS mom Ot what they _
we may believe dispatches. ln the opinion of George E. Sokolsky, havo to Spoud, would Simply roduoo tho buying ot goods stm
Far Eastern expert for the New Stork Tunes, there can be no t·m,thGr thus piling up more ooonomic trouble »» ‘
t dmlbt Ol its Bmcucy m the hands of the Chm°S°· H8 Qxplalnsi But economic trouble also will result from increasing the  Q
{ "The Japanese know what such a boycott means because burden of the rich, says tl1c New Haven Evening Register:  -
they have experienced seven boycotts since 1908, and each has _ ‘
proved very serious to Japan's national balance sheet. "Add more taxes to the incomes that still pay high taxes and
, "As soon, tl1en, as the Japanese military deflate from their a condition is reached where they will fail not only to return
easy victory, the more reasonable Japanese civilians will have to more money, as a result of higher rates, but will fail to produce {
begin negotiations with. China to end the boycott. t as much as at present because of further industrial and Q
, "No League of Nations commission, no outsider can help financial difficulties that will follow any such foolish policy."  5
China and Japan in such negotiations. It has to be a bargain, {
img a lmrgaln to Wluch there aim H0 “'lm€SS°S· _ Alnmanrwci for taxation that touches a larger number, the New  
Into such a conference China does not come as a weakhng. Y k H H T .b V _ I ,, Y _ , _ 3
The longer it is delayed, the less weak China will be, for the more Or cm l' M um assert? b mt a' last Imwmty Of Amemclms  
otyootivo tho boycott Wm bo can clearly afford to share 111 the support of the Government to i
" For no matter whether China has a united government or no a much greater extent than they do, and from any point of view ·» 
LSOV€‘l‘¤¤\€¤t M ell, th€ lJ0Y€0tt will 00¤ti¤U€· should be made to share the obli¤ation." . V  
"As the boycott hurts Japan’s trade more, the Japanese . 1 _ · _ - K`, _ L
civilians will be able to assert greater authority, and China will _ Som? pllpws blhm 6 that It mu be Decatur) to adopt both l
be able to make greater demands on Japan. m°r°“°°d IPCOIHG mX°S {md 3* Saks mx-  
"This is the stage of the conilict between China and Japan Vvhmi might be Gallml UIQ k€}'·T10t0 Of W9 <301Hm€¤b is €Xp1`€‘$$ ·
upon which both countries are now entering. It is a hard, thus by the Boston Post; i _,¢
, bitter, cold phase, one which leads to mass movements and ,  l
demonstrations, and often to changes in government in China, HVVll2llQ\’(‘I‘ chance general business has of recovery must not  
and sometimes even in Japan." be stifled with excessive taxation."  
 l
 R ,  tl