New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-06-22
1905
Laundry Soap
Made by COLGATE & CO., Established 1906

ore and for free lead ore. against free sugar and
| for free wool but for an income always. has
State deb; Of siS175l5; Louisiana, with a sugar
tax OF $t,oO0C00 imposed upon the whoIe country LOT
cnnpdt be bearT to Complain Of the hardship OF
other tariff duties. 10 demand an income lax IN
| SScoS5x5 4 Federal income tax is wanted. not 20
reach the men Of wealth in their own states out -
| an income tax viii affect their own people but
little, They have taken pains 10 TX S,,,a ne , SH
be compelled contribute Nitle or nothing.
It is the, great Democratic STATE or, or Sew Sew
to 0r be P % "' its Chief city Which has always
been the target for every Republican attack is now
to be raded by It's own party friends in Congress,
The State which has ever been irlendN, 10 me the
constitutional rights and prerogatiyes' thr s,ate
which has always opposed Force ois, GarITp sr
rests and Federal interference IN state analr: tne
s1 which is 4nf of cny in this
Senate ana thereby gave the Democratic party us
lives in the other House the State whose citizens
are the most generous contributors OF those ID an
part of the country that state because its busi,
ness men have. by their energy, ability Thrift am
industry, built up their busne their industries anu
their varied enterprises. so that they realize age
incomes from them To- be suo}ecisI 10 an st ne
instlgation Of their party friends from the south as
T TeGera sx For Which neither %ew-York nor any
! other Democratic State ever voted: tax when no
rejected and discarded by the people Of all Par'ies;
tyenyf9nr years ago Tax me and CON-
neccut into the Republican column. there 10 re-
main permanently tax the indYd h 1sa'T pen, o.
| cratic President or Secreary OF me 1reasuF. ,, OF
CONN @Toeate i and now erssenty pushed BY
ths CONGRESS. and is diving the Democratic party
| with reckless and headong sped into the abyss OF
political ruin
THE TAN UNNECESSARY.
need hardly suggest that nothing but the most
pressing necessity would justify the imposition OF
such a tax in time Of profound peace mat
necessity should be proved. It should not fe as
sumed. The great compromiser of the age. the us
tinguished Senator from Maryland tMr. Gormanl
! while personally expressing his dislike OF TINS TAX
and regrettng us adoption. yet win that spirit OF
Cancellation which always characterizes him. re
luctanty accepts IT, has seen NJ TO suggest MAJ 1
, gen u, nj any ho prsan whirh iuS6es a.?
| None whatever. There has simply been a falling OH
OF the usual tariff revenues. occasioned by the tin-
produced by contemplated tarln changes and that
| l. all The ordinary routine OF business VIII soon
be resumed and the usual revenues VIII be flowing
fact i is mere play uIon words to eau me the pTeS
have been II any at all is ALREADY past. ana met
by the issue Of bonds by the Secretary OF ne Treas
| ury. such a contingency can be met again III 'he
Mr President. it has been difficult to fa,hom the
motives Of the Finance Committee IN thr'r insist
ence upon deferrng heir PROPOSED duty upon sugar
! mtted. did not very succcssfuiiy defend the pro,
! priey Of their action. Their attitude has placed
1s Csn :, h n6sslr fhat thrr VIII known
anXi,v to retain tn income Tax provision in this
| bill has led them TO postpone the date for the opera
| ton Of the tax in order that there might be-
created an apparent greater necessity FOR this in
! come tax? Any other explanation seems unroason-
condition Of this measure. WIKI the dulles which
have been added 70 this bill. with the large sugar
nue. n1 much greater thsn has been estimated IS any
9pon to any 6ed 54T h OF an n TIN
revenue; Some other pretext some other excuse
some other subterfuge. must Dee invented.
ITS UNCONSTITCTTONALITY SHOWN.
Nh Hi attacked the exemptions allowed IN the
bin and questioned the constiiutionality Of the
proposed law in some Of its provisions. Upon this
! question he said:
As lawyer. well as Senator. contend
that the general Government has no constitutional
power by means oi an income tax Z" Tach or us
turb any of the revenues OF that class OF corpora
| destroy trem II may tax other corporations who
| simply pay ordinary taxes upon their real estate
| real estate or personally. but these particular
| corporations must be regarded as portion Of the
agencies. means or instrlmentaiitlcs Of the state
60 ,ber "nr ,bnrity b STAT nus b. re-
itself for its own purposes and adminisraiion the
can a% IF 4 1icr Th e no 0'T P"
II this lil shall pass in its present shape what
State governments each reaching out for por-
ton Of ne earnings or incomes Of these corPora-
lions Which Is 10 nav" me IT"irrFh'e, ~ me
| incomes earned only amount to Il sum suhlclrnt 10
pay one per c,id' %n,T ,rh ayel Trhi AMI
power 70 tax largely involves the power 10 destroy.
| these agencies or instrumentatcs Of the State
these Corporations which virtually constitute a
| It's scheme OF administratiOn-a part Of rs imam
cial system? If It can tax them by usurIlng their
ciple involved here is the principle Of stat rights
The policy involved is the policy Of s"ifpr"SerVl-
,frr 4arzsaf ton 60
the general Government. Fei-rasis may approve
an ihGS of State soVcregny It ocnds our
Of fairness bclit1cs the State It Is long step
DO you expect to make this bill popular with The
people when they come TO understand t me
provisions; when a vast number 81 corporauons
canno, constitntonaliy be reached by y Waen IN,
scrupulOus business mon can easliy fVhie I WIN
It offers temptation TO perjury ana fraud when II.
is doubtful whether 1t viii not be held 20 be a
direct tax. made upon a wrong basis. ana there
fore unconstitutional?
DISCRIMINATING. SECTIONAL AND conf
MUNISTIC.
Referring 10 the Vest amendment limiting the
duration Of the tax TO I'VE years, Mr.. III" said:
The amendment mitigatcs the wrong but Htt"
l. is another miserable compromise between prn-
c!pe and policy in which principle, as usual. IL
sacrificed This tax Is either rBht or wrong ,Jus'
0abo or uniustnabe. II right. II should be adopted
permanently. ana II wrong, II should not be enacted
even for a single year, much l'SS Tor hVe year
II Is A discriminating a sectional. communicate
tax 1t checks enterprise and energy, retards prog
ress, Expresses the honest citizen VINO W. o 10.
the truth at 10 his resources, and gives the a0'
vantage . the sharper who Will prevarlca'e. D.,
! Argument ought not 70 be necessary 70 sustain
| the proposition that mutual savings banks shou.'
be- absolutely exempt from any income ANatoh
They repres mt the savings Of the poor. and any
tax upon them would be hardship tax OF
per cent would cause "a reduction OF July Oh"-ha'l
Of their income small savings rms Govern
ment cannot afford 70 permit the savings OF th'
! poor 10 be taxed through a Federal income TAX
il would be the browning infamy OF ms Wll
The same excellent reasons why mutual saVihe'
banks should De- exempted from ths tax Apply WV
full force 20 mutual fe insurance companies: M
The new amendments Of yesterday Wer" OHered j
was reasonably clear that IL the intention not 4
exempt this class Of Institutions ana am not Ger
tain that the amendments have changel thht pur
nose | have not had opportunity ms morn