The Austin weekly statesman. (Austin, Tex.) 1883-1898, 1894-06-28
FIFTY-THIRD CONGRESS.
SEVERAL MINOR BILLS PASSED
BY THE SENATE.
Senator Call Interects a Pair of Blue
Socks Into the Tariff Debate.
Anti-Option Hill Passed.
Harris and Hill.
THE SENATE.

WASHINGTON, June 22.-Quite (
number of bills were passed betor,
the consideration of the tariff bill wa
resumed by the senate today. Tn,
house bill to incorporate the suprem,
lodge of the Knights of Pythias was
reported favorably by Senator Falk'
ner and was Immediately passed. The
following bills were also passed: Sen
ate bill for the relief OF Charles S
Folge, Missouri, (being a payment fol
the use of property durlIg the war;
Senate bill appropriating $4,000 fol
the investigation and test of American
timber by forestry divisions of the
agricultural department.; senate bill
making the first Monday in SeItsm-
Der Of each year Labor day.. a legal
holiday; house bill granting to citi-
zens of Saucelito, Cal, certain rights
over the Lime Point military reserva'
ton.
When the tariff bill was laid before
the senate Mr.. Kyle took the floor
He made general argument in favor
OF the income tax, dwelling on the de.
cline in farm values in the West ard
the gradual con Dentration of wealth
in the hands of a few. He argued
that the protective system had been
responsible for the concentration of
wealth in the hands of the few, and
that it was just and equitable that the
few should bear a share of the burden
of the taxation which the wealth
made them able to bear.
While Mr.. Kyle was speaking
Senator Call of Florida, rather shock.
ed the spectators in the gallery by re-.
moving his shoes and elevating a
large pair of sky blue stockened feet to
neighboring desk. He gently
agitated the superheated atmosphere
with large palm leaf fan and seem.
ed to have succeeded in making him.
self fairly comfortable.
At the conclusion of Mr.. Kyle's
speech Mr.. Vest offered four addi-
sections. The most important was
one to reduce the exemption from
$4,000 to $4,000; another exempted from
the operation of tax building and loau
associations, making loans only to
their shareholders; another provides
that in reckoning the profits of corpOr.
ations for taxation actual operating
expenses, losses and interest on fixed
Indebtedness shall be excluded. The
other amendments were af follows:
In section SO strike out the following
amendment: "Provided that mu-
tual life insurance companies
shall not be required to
pay an income tax upon the
sums repaid to their policy holders as
dividends or interest upJn the sur
plus premiums held by such com
panies." The following is added TO
the exemption clause of the same Sec
ton providing that the charitable,
beneficial and other societies shall
not be subject to the operation Of the
tax. "Nor to any insurance company
nor and association which conducts
all the business solely upon the mutu'
al plan and only for the benefit of its
policy holders and members, and hav-
ing no capital stock and no stock ar
share holders, and holding all its
property in trust and reserve for it's
policy holders or members, not to that
part of the business of any insurance
company having q capital stock and
shareholders which Is conducted
on the mutual plan Sc
perate from its stock
plan of insurance company and solely
for the benefit of the policy holders
and members insured on said mutual
plan and holding all the property be-
longing to and derived from SAID mu-
tual part of it's business in trust and
reserved for the benefit of it's policy
holders and members insured on said
mutual plan"
Mr.. Teller supported the income tax
proposition. He quoted from the ut
terances of some CT the leaders OF the
Republican party, past and present,
who advocated the income tax in the
past. Oliver p, Morton had charac-
telized it as the "most just and equit-
able of all taxes" Senator Sherman
had eulogized it, as had Senator Nor.
rill of Vermont.
THAT was during the war;" inter-
rupted Mr.. Morrill,. at WAS proposed
as war measure"
sob, Mr.. PRESIDENT" replied Mr.
Teller, 81 don't think an unjust and
. inequitable tax was proposed or de-
Tended even as a war tax"
Mr.. Sherman followed Mr.. Teller in
opposition to the income tax. Mr..
Patton, the new Republican senator
from Michigan, followed with set
speech about the different features OF
the tariff bill.
Mr.. Allen repealed the idea c)vertly
or openly advanced by the opponents
of the income tax that the Populists
had no regard for property. He de-
clareG vehemently that congress as
in the hands of the money power By
the legislation forced by mOnied in.
huence, fabulous and dishonest for
tunes had been built up in this
country. For weeks railroad mag
net had sat in a committee room at
the other end of the capitol trying to
shape important legislation.
If you want proof of that | will
give it TO you" he shouted, dramati.
cally.
"Name him" said Mr.. Walsh,
Democratic, of Georgia.
81 will name him to the committee
of the senate if you want it, said Mr.