REDUCING TAXES— DILEMMA No. 5 The Excess-Profits Tax will end , during 1953. The Capital-Gains Tax could be much reduced, and | investors would benefit from the ■ reduction. It exists only as a , political sop to radical labor. Per | haps a token reduction of 5 per j cent in income taxes and 50 per I cent in certain excise taxes will j be granted in 1953. But if we 1 have declining profits and divi dends. as a result of Eisenhower i fulfilling all his other promises, can he reduce taxes much more m 19539 Never before has any j new President inherited such ab : normally high taxes, upon the ; Government's spending of which cur prosperity is largely depen dent. Hence, this is Dilemma ; No. 5. NEEDED—A SPIRITUAL AWAKENING ; I am thankful that Dwight D. Eisenhower is now President of i our country. Unless World War ! Ill comes( and if it comes Eisen hower would be needed more than even. Inflation can be curbed. Hence, we have Confidence. This i is a great step forward. But the American people — except in emergencies—are basically busi ness and employment minded. Our marvelous growth has been due largely to this lact. We do; not like to sacrifice. Eisenhower j believes that what is best for the ; world as a whole will ultimately

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