The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1894-06-28

the Government Expenditure Appro-
priation.
WASHINGTON, June 27.-only ten
minutes remained OF the morning half
hour OF the Senate when quorum ap-
peared. At 1890 the tariff bill was
taken up, the question being on Allison'H
amendment offered yesterday to section
s9' eXempting corporations with q
capital OF less than $780, 600. Hill was
promptly in the van Of the discussion.
He called attention to the discrimina-
ton made in the bill between incomes
from investments in corporate propertv
and incomes from other sources. In the
latter case exemptions were made TO in
dividuals to the amount of 81 900, but
in the former case there was no such
exemption for the individual, who. IL he
had dividends to any lesser amount.
would have per cent reduction from
them.
After Vest had spoken in opposition
TO the amendmens and Allison had the
floor, the latter, noticing that Harris
was standing as IL prepared to make a
motion, Allison ssid: If the Senator
from Tennessee wants to move to lsy
on the table NY amendment, l will
withdraw it"
Tine SENATOR" Harris said. in his
usual slow and impressive style, "antic.
ipates my object" SO Allison's amend
ment was withdrawn.
Several other ame ndments adding ex.
emptions to the tax were offered by Per-
kins, Smith and HILL but all were re-
jected.
Hoar offered an amendment exclud-
ing partnerships from the provision as
to corporations. Agreed to without di-
vision
Yes. said that the attention of the
finance com mittee had been called to a
culiar sort ofsavings bank in Delaware
run by Qlakers, in which the incorpora.
tors received no profit or salary. and in
which the interest was all paid to the
depositOrs. The Senators from that
State were afraid that the enactment
ala not cover that tease, and ST. ne offered
an amendment exempting such savings
banks, trading institutions or a. socia-
tions composed of Nom oers who do not
participate in the profits and whose
dividends are paid only to depositors.
Agreed to
The Senate then proceeded to the con-
sideration OF the next section of the
bill (63) for the collection OF the tax on
the salaries of Government officers and
employees, members Of Congress, ETC..
over $4,000. The finance committee
reported some formal amendments and
one exempting from the tax salaries of
State, county and municipal officers.
Inc committee amendments to section
62 were agreed to.
The next section was simply re-
(txif 10
duties OF internal revenue collectors
and agents. The various amendments
OF the cimmittee were agreed to and
then section e5 was read, requiring an
nual reports OF corporations Several
committee anne ndments were agreed to.
Section 66 was then road. 1t requires
business corporations to keep full,
regular and accurate books OF account
which must be kept open to inspec ton
or assessors and assistant assessors.
Aldrich denounced the paragraph as
outrageous, and Gray denounced it as
absolutely violative OF tho institu tons
OF the American people. Grays speech
provoked from Vest a sarcastic re-
joinder, in which his allusion 10 the
alliance between Aldrich, Hill, Gray
and Chandler provoked much amuso-.
mept.
NO vote was taken on this section or
on the amendments offered to it. Tho
House joint resolution extending for
thirty days from June 80 appropriations
for Government expenditures for the
current fiscal year, was received from
the House, and laid before the Senate.
Cockrell moved that it be referred tc
the committee on appropriations, but
objection was made by Hoar, and the
JOINT resolution remains on sthe Presi--
dents desk. The Senate at 600 p. IN.
ADJOURNED until tomorrow at 10 a. NJ.