The morning news. [volume] (Savannah, Ga.) 1887-1900, 1894-06-28
HILL AND THE INCOME TAX.
The Senator Still In the Van Of lis
Opponents.

He Opens the Days Skirmish by Re-
iteration of His Charge of Discrimi-
nation-several Amendments to the
Section Voted Down-A Big Kick on
the Paragraph Requiring Corpora
tions to Keep Books.
Washington, June 27.-Only five min
utes remained of the morning half hour
of the Senate when quorum appeared.
AT l0:80 o'clock the tariff bill was taken
up, the question being on Mr.. Allison's
amendment offered yesterday to section
SO exempting corporations with a capital
of less than 100000
MIR. Hill was promptly in the vain OF
the opposition. He called attention to
the discrimination made In the bill be-
tween incomes from investments in cor
porate property and incomes from other
sources. In the latter case, ex-
emptions were made TO individuals
TO the amount of s., 600; but in the former
case there was no such exemption for the
individual who, If he had dividends to any
lesser amount, would have per cent de-
Quoted from them He could see no rea-
son for such discrimination and supposed
1t must be an oversight An amendment
that injustice. He would vote for MIR.
Alllson's amendment, If he could get no
better although that would not accom-
plish his own purpose.
ALLISON wITHDRAws 1T.
After Mr.. Vest had spoken in opposl-
tion TO the amendment and Mr.. Allison
had the floor, the latter noticing that MIR,
Harris was standing as if preparing TO
make a motion, MIR. Allison said "If the
senator from Tennessee wants TO move to
lay my amendment on the table, will
withdraw"
"The senator" Mr.. Harris replied in
his usual slow and impressive style, IAN
ticipates my object. 1 rose for that
"fhen I withdraw it,"
So Mr.. Allison's amendment was with
drawn.
Several other amendments adding ex-
emptions TO the tax were offered by Mr..
Perkins of California and MIR. Hill, but
all were rejected.
Mr. Hoar offered an amendment ex-
cluding partnerships from the provision
as to corporations. This was agreed to
without division.
Mr. Vest said that the finance COM
mittee's attention had been called to
peculiar sort of savings bank in Delaware,
run by Quakers, in which the incorpora-
which the interest was all paid 10 the de-
positors. The senators from the state
were afraid that the exemptions did not
cover that case and so he offered an
amendment exempting "such savings
banks, savings institutions or associations
composed Of members who do not partici-
pate in the profits, and where the interest
or dividends are paid only TO depositors.n
This was agreed to-
Aurra
The Senate then proceeded TO the con-
sideration of the next section of the bill
(62) for the collection Of the tax on the
salaries OF government officers and en-
ployes, members Of congress, etc, over
$4,000. The finance committee reported
some formal amendments and one ex-
empting from the tax salaries of state,
county and municipal officers.
The committee amendments 10 section
62 were agreed to.
The next section was simply a re-en-
actment, with some changes, of the duties
Of internal revenue collectors and agen Is.
The various amendments of the com
mittee were agreed to, and then section
65 was read requiring annual reports of
corporations. Several committee amend
ments were agreed to.
Section GO was then read. It requires
business corporations to keep full, regu-
shall be kept open TO the inspection Of as
SCISSORS and assistant assessors.
Mr. Aldrich denounced the paragraph
as outrageous, and MIR. Gray, dem, OF
Delaware, denounced 1t as absolutely
violative of the instincts of the American
people.
Mr. Gray's speech provoked from Mr..
Vest sarcastic rejoinder, in which his
illusions to the alliance between Messrsy
Aldrich, Hill, Gray and Chandler, proc
voked much amusement.
No vote was taken on the section or on
the amendments offered TO ii.
The House joint resolution, extending
for thirty days from June 30, the appro-
priations for government expenditures
for the current fiscal year, was received
from the House and laid before the Sem
ate.
MIR Cockrell moved that it be referred
TO the committee on appropriations but
objection was made by Mr.. Hoar and the
joint resolution remains on the Vice Pres
ident's desk.
The Senate, at $50 o'clock, adjourned.