Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1894-06-24

Ia exemption from income tax was
agreed To without objection AN
anendment by MIR Pener declaring u
felony TO make false return and
providing a penalty uf imprisonment
at hard labor from one 10 i've Year.
WAS lost A motion by MIR Plat 20
strike out the pfoviso against moro
than one exemption OF $1,000 IN the
same family OF parents and minor
children was lost 80 to 81. Mr., Sher,
man inquired whether any estimates
had been made ns 20 the probable yield
OF revenue from this tax. NIr Vest ne
piled that the general estimate was
$4,000 0c0i but he did not believe there
was ground FOR this estimate. nor ana
ne believe any accurate estimate could
be made.
Mr.. sherman thought that property
OF less than $4,000 would exempt iW
owner from the income tax on his
profits under the $4,000 limit lie would
be surprised II Il yielded ton or fiftecn
million II would be determinations
tax against a very small proportion of
the people, He predicted that It would
be the most unpopular and uuprhduct-
i've tax ever levied In this country
Mr.. Hill opposed an amendment to
exempt the salary OF the president Of
the United States from the imposition
Of the tax ana he used this amendment
aa text Tot crlticlalng In scmi.hu-
AAtANAf why NV NNAlNN Oh the NtlAnAf
committee In cNomnting the salaries
Of federal Judges lie failed 20 see.
he said why the salaries OF Judges
should he exempt and he thought "
compliments were TO be paid, one Ger
tninly was due to the president BE-
sides the president happened 10 be q
resident OF New York and the tax
would fall with mn especially heavy
hand on New York ~ am not au-
thorized 10 speak for the prcuident"
Mr. liill said. with "a pmlle, iu this or
any other matter. but there would be a
delicate compliment to one citizen "
| New York and | think the committee
ought TO accept the amendment"
AS Mi Cleveland Is the last Demo-
cratic president we shall ever have
/ from New York" said Mr. NeHt, tlslng
| tu his feet. "thr appeal IN almost ir-
roaistiblc." d.aughter)
! M you persist In this species Of tax
/ alton" said Mr. llili, turning TO hun,
"he wlll be the last Democratic presl-
! dent from any state"
The applause In the gallery that
! gfDCted this ntternncO ~ MT Hill WAS
! quickly checked by the Vice. president
with vigorous rap OF the gnVel When
the amendment was put II was carried
| by d VIVA yooo vote. Mir. McLnurcn,
| Dem. Of Mississippi being the only
senator who raised hin point against
Al this point, Mr.. Hale. Rep. Of
4 Maine appealed 10 MIR. Harris, III
chnrge OF tho bin, not 10 prolong ~,
1 session today The senate had expert
euecd a hard week lac said. The heat
( was inauppuftnhle thermometer stand
ing at p0l aud the chamber foul, - q
matter or safety and common sense, u,
appealed FOR m adjournment behlde'
the funeral ~ the late Senator Perkihi
of Kansas would occur At o'rloch
nnd this additional reason for nm oarls
Adjournment TO pas the Inst mari
of respect 10 their late associate
Mr Harris, while expressing his gren'
nnd earncat anxiety 10 press the bil
todRy said he had been appealed To bs
senators ON buth sides OF the NhAmhnl
In such n why that he could not fHniSt
lie would agree to an adjournment ~
o'clock. Mr. nm then moved M
tho interest on United States bonn
(exompted by the provisions or IN
BIN be subject 10 the imposition p
tile income tax. MT Vest called ny
ientlon 10 the statute of 1870 eSenplini
United States bonds from ihNhiloi
Urinclpni and INTEREST," IN the a,nhil
on The amendment which followed M
Honr said that. the advent 70 power
tine Democratic party ana rs Irpiv
sentatiycs, the senators rom MlhhpuI
tvest) Texas nilil) aud hikanAn
ttnncs1 who were trying to put thfpuHl
ma tafiff bin had been more dlsaHtrou
10 The country IN a peounihry sem
thnt The four years OF oivil war
Al 40 o'clock without voting On IN
amendment, the senate went into exec
utiye session. and At 4i2V O'Clock au