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Published Daily except Sunday
By Nome Mine Workers' Union, No. 240, international Union of Mine,
Mill anil Sni elter Workers.
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"To secure to each laborer the whole product of his labor, or as
cearlv as possible, Is a worthy object of any good government."—
Abraham Lincoln
Address all Communrcatlons to Dally Nome Industrial Worker,
Box 210 Nome, Alaska. Phone, Black 114.
Nome. Alaska, Sept«vi U r IS, 1!*17.
mori-: in vs st t: sti i r.
Tlii' discussion on til*- Revenue
l!i!l round two classes of senators,
each with two pet theories for pay
ing for tlie war.
One was the Lafollette theory
that the war should be paid lor
,luring the war by taxation irnpos d
for the required amount and the
other that it should be let drag
along through the coming years amt
the expenses of tfi.o war met b>
loans.
Lafcllctt ■ can up against the ad
ministration policy; the admin.stra
t:on having decided at the out
break of the war with Germany to
float loans. It is likely this policy
was adopted not from any inherent
approval of it as a matter of finance
but because ot the fact that the
Entente nations needed urgently the
money or which is the same thing,
the n-establishment ot their credit
in this country.
The Senate Finance Committee
adopted the administration policy
and provide in the present revenue
bill as they r ported it no way ot
meeting the annual costs of the
war expect by leans. The taxation
policy is not sufficient to meet the
expenditures and the deficit must
be me t by loans.
Most economists for reasons
hereinafter to It referred to oppose
this policy as unwise. They ins.si
thet the proper policy is to pay lor
war as the war proceeds and
only are loans justifiable when the
i viititry :s unable to meet the pay
ment here and now.
The estimated wealth of the
country is something over ?:!20.
0(10.000.000 and of that amount
two percent of the American people
own $ ITS,000.000.000. This enorm
ous wealth owned by those who con
trol the country is in itself more
than sufficient to finance the war
for an indefinite period, even with
out taking stock of the anuual in
crement which productive h bor
adds ther-to. Bui it is becaus- of
the fact ihat it is imposeibie to raise
taxation equivalent in amount to
the payment of the war expendi
tures as we go along without tak
ing care that this two p-r cent of
the people will pay tia per cent ol
the war costs, this fortunate sec
tion of the nation as represent at
in Congress insists that tn N lorn
system be preferred.
Indeed it has already received the
official approval of Wall S'.r - t. The
main objection to extending the
payment of these expenditures
through a number of years is the
fact these loans which will tie
used to meet immediate expenses
will in the form of bonds he held
by the few in the country and to
liay them, the nation will be taxed
at large, the many paying tribute
at a definite rate ol Interest to the
few. It further saddles the power
that eoines from money centraliza
tion in the hands of the few and
adds to the power and prestige of
the Mone> Trust indefinitely.
There is the practical objection
urged also that now when the gov
ment is in a position to extract
w'ar profits and high income tax
ation it is the time to do it.
If peace comes tomorrow the war
profits so abnormally high wilt
sooner or later vanish and this
very real taxable entity Is no longer
existing and the government cannot
get its hands upon it.
It is that reason which makes
Great Britain impose a tax upon
abnormal profits at the rate of
eighty per cent.
There is yet another reason why
the government should establish
the principle of paying for the wax
while the war is on.
Every loan raised to meet the pay
ment of the war tends to further
inflat > prices. It unquestionabh
cheapens gold hv intensifying the
supply. It inflates values liy sym
pathct. ally intensifying tin' «ie
mand for the product of tin- indus
| tries.
Tiie Finance Committee argues
that a tax upon abnormal profits,
as suggested by Lafollette. would
discourage abnormal production. It
would provide a wholly insufficient
remuneration for the risks under
taken in some uncertain industries
and tor that reason is to lie de
plored and opposed.
Senator Lodge very patriotically
held ili.it in a democracy every man
should pay a share of tiie war costs,
and allows the inference to pro
ceed it was his conception of the
ideal tiling that the poor man be
privileged to pay his proportion. It
was logical to assume then that in
asmuch as the war is consecrated
to future democracy, tiie coming
generations could not reasonably
object to pay some of tiie expenses
incurred.
With sin li companies as the Am
erican Agricultural company mak
ing over 100 per cent, the American
licet Sugar Co. over 250 per cent
the American S’eel Foundries mak
ing over 000 per cent, the American
Zinc, Lead and Smelting Co. about
OOOO per rent, the Anaconda Cop
per Co. making 400 per cent and
so on and so on during tiie year
18 16,- the propriety of making tlie
big fellows pay commended itself
to Lofollette and iiia followers.
However the dominance of the big
men in business over the political
situation lias been properly evid
enced and Lafollette lias been beat
en if not finally put out of business.
During tbis time it is interesting
to observe the fact that Latolletto’s
patriotism is called in question; he
is a seditious, disloyal and treason
able person to read the editorial
utterances of so many of those writ
ers who pander to the wants and
wishes of the privileged in this
fair land of democracy.
Ily the same token the person
who imagines that this war tax
proposition has reached its end
will be well to take better stock
of the situation. It is going to lie
the hone of contention in 191S elec
tion and in the 192 0 election. It
is going to stir tin1 country as it
lias never been stirred before. It
is going to be very useful to all
interests in obscuring the more
vital labor matters which will press
for solution. Just now the big
fellow lias it all his own way. His
men are delivering tiie goods. Pro
fits were never so succulently
enormous.Prosperity was never s<
scintilatingVy shining. There is m
blood sweat over the war: the wa
is oozing cut not misery for then
but I he happiness that knows ni
alloy for the money grabber
greater and greater profits. Tin
little fellows arc squealing. The;
ha\e their spieal coming and the;
will make themselves heard abovi
the din of war cheering and the;
will make themselves seen in thi
forest of flag waving. They wil
take rare of that.
it is not the vital point at all
It must be recollected in this wholi
controversy which is about to cn
gulf the politicians that they ar
going to squabble over the sur
render of theii loot. And it i;
labor that is looted. Looted to bf
sure under well established anc
very respectable laws, but looter
just the same. Labor is the pro
pertyless and labor is to be asked
to increase its efficiency and tr
speed up and to surrender its rigid
to organize, and to give over its
hard won rights in the economic fielc
j Labor is to be increased by the
torch g. by economic compulsion
I just ns real and powetfu! and com
j pulsorv as any legal drafting of fe
j male labor into industrial work
i which heretofore lias been filled bj
male labor at a much higher price
The advent of the closed shop is
postponed; the laborers male and
female adequately provide against
a shortage, one bids against the
other. In the meantime high
i prices drive with goading thongs
the masses to take what they can
get.
It's not by considerations of re
venue or other fiscal matters that
the workers are going to better
themselves. It's not by burying
their noses in schools of Finance or
taxation or literature on tire sub
ject of Single tax that they are to
, fit themselves for the struggle. It
is by organizing oil the industrial
fleid and realizing that they arc
the sole producers of all wealth
and there can be no true democracy
whatever it may be called where
there is not an industrial demo
t cracy.
The profits made by the big com
panies are enormous. That is to be
i conceded. They are almost sutlici
I eient to pav all war expenses.
> That is to be also conceded.
> But those profits did not
■ corue from u.uy reproductive eapa
i city of invested wealth. They did
11 come from one thing and one
j thing only; from human labor
■ power. from labor of mind or
hand.
So it is that the real question
s is today In war as yesterday in
peace only a question of the final
1 disposal of the surplus product of
labor over and above what is re
turned to labor in wages or salary.
It Is not whether it will be given
•{so much per cent in taxes or so
: much per cent in rent or so much
’per cent in profit or so much pel
j cent in interest. r. hose things will
not solve the equation. Together
they merely sum up what was ab
sorbed from labor’s reproductive
cost in terms of wages. If you add
from one you must deduct Irom the
] other and so on. But the main
' question for the workers is how
much will be allowed for wages
and how much for the annexed
! surplus. Obviously and very readily
| it is to be seen that is a question
! that will have to be decided accord
ing as the strength of the organi
I zation of those in the economic
world: those who pa*- wages and
I those to whom it is paid.
But it is very interesting to find
men tike Lafollette. brave enough
j and daring enough and defiant
j enough to insist that the right to
harbor all the profits made through
! war shall he called in question and
I tl^t after all the people have the
right to conscript or confiscate pro
I perty as well as the person. While
it is hardly to be wondered so
J many of the Senators refuse to re
; cognize this perilous principle even
I in so distant a matter as war tax
ation.
M. PASCOFF.
LADIES & GENTS TAILOR.
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SUITS MADE TO ORDER from
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ALASKA L. * C. CO.
AGENTS
At Dock.
F. J. O’CONNOR,
Commercial Agent.
Front St. and Steadman Are.
Charles L. Ross
Milling, Lumber, Contractor
HAVING TAKEN OVER THE FREIGHTING & TRANSFER
BUSINESS OF W. STEIGEL MAIER AND OF LEO KENT,
FREIGHT ORDERS AND TRANSFER CONTRACTS WILL RE
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weather permitting
lat*
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CHAS WKCKMAN.
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ONK K HI*, Corliss Kngine.
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