The Wilmington daily Republican. (Wilmington, Del.) 1890-1902, 1894-06-21
THE INCOME TAX AGAIN
1t Is Being Vigorously Assailed ii
a Speech by Senator Hill.
PUSHING THE TARIFF RAPIDLY.

! Only sixty-one Pages of the Bill RemaIr
\ to BIO Acted Upon. and 1t Is Believed
thu Income Tax Discussion WIN Enc
! By Tomorrow Night.
| WASHINGTON. June 2l.-Very rapid pro
4 gress was made on the tariff bill yester
day, The income tax on page 40 had
been reached when the senate adjourned
Only sixty-one pages of the bill, the In
come tax and the internal revenue feat
ures, remain undisposed of, and the end
of the long debate seems close at hand
The remaining features of the free list
were completed yesterday without fric
ton, both sugar and wool. the great con
troversial items, contrary to expectation
not giving rise to debate A yen and nay
vote was demanded on striking sugar
from the free list. while the final struggle
on free wool was postponed until the bill
should be reported to the senate.
The administrative features of the bill
were stricken out, as Mr.. Jones explained
In order to facilitate the passage of the
1 bill. II it was deemed advisable later to
enact the proposed administrative sec
tions it could be done In separate bill, he
added, Mr.. Allison intimated that l,
was the wish OF the secretary of tho treas
| ury to place the new tariff bill i'll force un
der the operation Of the present admins
trative law, and if defects were found tc
correct them later on. The contest ovei
the income tax, which promises to be ex
tremely interesting II not sensational, be
gun today.
\ Senator Vest yesterday introduced the
amendments which he announced hereto
! fore would be offered by the finance com
mittee to the income tax provisions be
! fore that part of the tariff bill was reached
The first amendment provides that mutual
life insurance companies shall not be re
qutred to pay an income tax upon the sums
repaid to their policy holders as dividend.
or interest upon the surplus premium.
held by such companies. The provision
regarding building and loan association:
is changed to read rs follows: THAT moth
ing herein contained shall apply to the
loans made by building and loan associa
tons to their shareholders for the purpose
OF enabling them to provide for them
selves homes" 1t Is also made the duty
OF persons acting as trustees FOR estates OF
trusts to render returns upon them wher
the incomes annually exceed $500
The duration of tho debate on the in
come tax will probably depend largely o,
Senator Hill, and he has expressed thu
opinion that two days time will be sufn
cient to dispose of the matter. Senate,
Aldrch also expressed the opinion today
1 that two days would be all the time re
quired for this debate There Is n dispo
\ ton on the Republican side to allow til,
Democratic members of the senate to set
tie this question largely among them
selves, and the speeches on the Republ
4 can side probably will be brief and fewer
{ In number than has been expected
Senator Hill began the proceedings to
day with a set speech attacking the taS
[ vigorously, but it is not believed that
other Democrats. whether favoring or op
posing the bill, will have set speeches o.,
the subject, 1t is quite likely that tn,
Populist senators will have considerable
to say upon the question, and it is also
probable that Senator Hills speech ant
his tactics will develop more or less de
y bate
The anti-option bill occupied the atten.
ton of the house all day, and an agree
/ ment was made that debate should clos,
at adjournment today and a vote betuker
on the bill tomorrow morning after tbs
morning hour The speaker wns still
confined to his room by sickness. Mr.
Bailey performing the duties of tn,
speaker pro TEN