The pioneer express. [volume] (Pembina, Dakota [N.D.]) 1883-1928, 1894-07-06
WORK OF CONGRESS
RESUME OF PROCEEDINGS OF THE
SENATE AND HOUSE.

WORK OF CONGRESS-
RESUME OF PROCEEDINGS OF THE
SENATE AND HOUSE.
Condensed Record of the Important
TrnnsnctlOnH Of Our National Law.
makcrs-Thc Work Done In both
Brancl,c..
Washington, June 27.--Thc senate re-
81 N cd the consideration Of the income
provisions of the tariff bill. Mr.. Hill
withdrew his amendment to strike out
the provision eXclnp,ins the interest oli
UI!ted States bonds from the operation
Of the tax. Mr.. Hill then moved to eA-
empt state, county and municipal bonds.
1t was Iost--25 to ~. Mcssrs. Gray,
Hill and pugh. Demo rats, voted for the
amendment and Mr.. F":tigrew, lt.l,ublir-
an, anu the Popnlsts against it. Other
wise it WAS strict party vote, thu Re-
publlcnnS for and the Democrats against.
MIR. Hill then modified his amendment
| so as to contine the exemption To state
bonds. a long constitutional discussion
Of the powers aud limitations of federal
taxation followed in which Messrs Hoar,
Morgan, Pugl. Caffcry, Lindsay and Gray
participated Mr. Hills amendment to
exempt interest from state bonds WAS
also lost--:..7 to 30. Mr.. Hill then moved
To strike out the provision for IL tax on
personal property acquired by gift or III
h";t'ncc. I.,>t--2G 10 a. The p.-
viso offered by MIR. Vest last week as an
amendment to section IS that ''im COM
putting III" income Of any person. corpora
tion, company or assorrltion, there shall
Lot In included the amount received
from any corporations. etc, as interest
or dividends upon the bonds or stock of
such corporations. etc. If the tax of (.
per cent has been paid upon its net
'ttits by said c"rIorati"n as required l,y
tlis act, WAS agreed to An amendment
Of MIR. Aliens I" permit evidence in re-
hLtta' before collectors of internal rev"-
l.ln. as to the amount of incol:lrs was
agreed to, as was til. Vest amendment
eNcu,'ing in the calculation of til. in
ctmes Of banks. baIliing institutions,
trust companies. life, fire and other ill.,
81 rance companies, railroad, canal, tclc-
pil"lr, Telegraph and other companies.
actual operating business expenses. losses
and interest on bonded and other ilnlcl,t-
elrtss. 4 committee amendment was
adopted providing that the tax shall not
| apply ito states, counties nr municipal
tiles nor to corporations. companies or as
| sDciatiOns organized and conducted solely
for charitable, religious or cducAliona,
purposes.
Washington. June 2S.-In the senate
| the debate Oh the income tax provisions
| of the tariff Lill was resumed. The pend
| ing amendment was that Of MIR. Allison
| To exempt corporations, companies an,l
| associations having Il capital stuck uf less
| Than S1lN,lHO. Mr. Allison mutitic.i his
amendment so as TO exempt corporations
whose capital and surplus did not exceed
$1M,UHD. the cost of insurance, cts, of
any manufacturing or trading company
to be considered in estimating expenses.
Later the amendment was withdrawn
Mr.. Hill rmifcral the amendment re-
ducilg the dividends exempt tu $i.tNA,.
Mr. Hills amendment was lost, NJ to Is
Mr. Hill modified the amendment 50 as to
| exempt dividends not exceeding $c,NED.
Dcfratul--.I to ~.
Mr.. Iloar offered an amendment to .y-
cl.i,ie from the operation Of She tax joint
steck companies whose members receive
| as IL share of the profits less than Sl,URl,
l.Ust-2D to 2ti.
MIR. Hill again mulitie.l his former
amendment 80 as To reduce the eXc1nl,-
tion to Sl.aHU. l.nst-2::. tu 81.
MIR. Allis"n then said that all attempts
ia eliminate the injustice to small stock
holders in corporations having failed. H..
would renew the amendment he offered
earlier in the day, fixing a limitation
upon The capital stock Of companies tu
be subjected 10 the tax. lie modified ,ll..
amendment, however, 50 az to exeum
corr"rati"ns having IL capital stock of
less than S&I.WU in stead of xlg)INhl
LnSt-224 to II.
MIR. Hill moved to amend section 90 10
Irtvnie for the inspection of accounts of
corporations subject To the tax 50 ns to
iiillt tile time OF inspection to the period
III tween March l AMI Aug. l. After
seine further debate without action on the
amendment of Mr. Hill the senate nd.
iLGlrul.
Washington, June ~ Mr.. Hill moved
to strike out the Income tax. Ii wns
Gf,utd Three Democrats, Hill. Nur-
pry and Smith. voted fnr Hills nu,io, ~
strike out the i,rol. tax sctiun. am!
AlrilhrsoG was paired for it. OF TIN.
ltcpnt .ic,is six, Iiaisbruurll, Mitchell
Wr.), letiirr'w, Power. Shuup and I'll.
l"r. voted against the motion and Duim;s
was so paired The l'npulisis all vutul
against the nation. The tnA on PLAYING
cards was fixed ut . cents per back.
When sect.n ~ relating to the tax on
distilled spirits was reached, Mr.. InHtt
moved to exempt. spirits used in arts
and manufactures from the operation
OF the internal revenue AK. Lost see.
tloh 81. which advances the tax On dis
tied spirits from ~ cents to- S1.lO a
rrllon was discussed ut considerable
icEsth. MIR. Prffrr offered an an,,,.pl lnlent
I" ilx the tax on beer ut 1850 q harrcl.
Lest. MIR. Ald:irh Movcd to make the
increased whisky tax 20 into effect i'm
mtdiatrly on the passage of the bill:
adopted. MIR. PETER moved to decrease
the bonded period from eight to three
yc;1s: lost. MIR. Perkins proposed nm
amendment p:ovidng special bonded
ware houses for fruit bran,ies: lost.
Mr.. Allison proposed an amendment to
levy an additional tax of az per gallon
in addition to the 1910 OH all distilled
spirits remaining in bond more than four
years; lost. Mr.. Hill voted with The
Republicans. The committee :.rnrn,lmrut
hxins the tax ut 1.1OS per gallon ami "a.
tending the bonded period 10 eight years
was then agreed ia without division.
Section los, the last but one Of bill, pro-
yiding for the repeal Of the reciprocity
provisions of the Mckinley bin and the
abr0gation of all agreements under i.
was reached just before tho senate ad-
iourned.
The amended sugar schedule which will
probably be offered when the tariff bill
is taken up in the senate. was put into
slan BY Senator Jones to-day. 1t was
accepted by all to whom it was shown
excepting Senator Blanchard. The amend.
Wcnt as prepared changes the date when
the sugar schedule shall 80 into effect
flom the first of January TO the time of
the passage of the hill, and provides for
4 continuation of part "f the bounty for
the present year, giving nine-tenths Of
cent bounty per pound on sugar t"st-
ing above ~ degree by the pol.riscopc
and $40 Oil sugar testing below ~ de-
g.ee and above ~ degrees.