Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1894-06-28


question Of their reception occasio1a5
considerable debate. Mr.. Hin en,ars4
a motion not to receive-reports.
Mr.. Harris made the point OF IRA.
that Mr. Hills motion was our of =.
der. The question was left uuda,sa,5
when the senate adjourned.
Washington, June 23.-The sars..
bill making the first Monday in Sar
TENDER Of each year 0abor davl laes,
holiday was passed by the senate
When the consideration Of the tarir
bill was resuu ed Mr.. Kyle made n
speech In favor of the income tav
At its conclusion Mr.. Vest, from fbs
finance committee, offered an amend.
ment to reduce the point of exemp,io,
from tax from $4,000 to $1,000 nav
year. He also presented an amend.
ment exempting from the operation NJ
theta building and loan associations
making money loans only to SHARE
holders Another amendment pro
vided that in reckoning profits Of cor.
pOra lions for taxation the actual onar.
aung expenses, losses and interests an
fixed Indebtedness shall be excluded
Mr. Teller spoke for an income t9y
and Mr.. Sherman against it, Mr.. PAT.
ton followed with a speech against the
general features of the tariff bin
Mr. Allen, following, repealed the idea
openly advanced by the opponents OF
the income tax that populists had no
regard for property. In answer to Mr..
Hill, Mr.. Allen stated that he voted
for a duty on sugar because Mr.. Har.
rison left a bankrupt treasury when be
left the white house.
A sharp tilt occurred between Hi
and Harris, the former charging the
latter with having offensive planta.
ton manners and Harris retortiug
that he did not care for an exhIbl.
ton of the manners Of the slmus Of
New York"
In the house the Hatch anti-optlon
bin was passed 149 70 Il.
Washington, June 1.-The half hour
usually devoted to miscellaneous bus
mess in the senate was Saturday oc-
cupied by Mr.. Call Eith resolution
providing for committee Of five sen.
ators to investigate the election and
control Of senator's and representatives
by corporations He made a brief
speech ON The subject.
Mr.. Sherman said be was willing
that the investigation should be al
lowed, so far as florida was con.
cerned, but he did not think il was
just to make it so broad and sweep
ing as to include the whole country.
The resolution went over and the
tariff bill was taken up, Mr. Hi took
the floor lie said tIdt Friday would
be known in history as populiSJ day
abiding to the speeches of Senators
Kyle and Allen. He said that no az
tempt had been made 10 attack the re-
peal of the state bank tax or to enact
a free coinage bill in ,hiS bill. both Of
which are endorsed by many demo
Gratis and considered a part of the
platform, while especial effort has
been made to 90 outside of the plat
form to incorporate the income tax IN
to the bill.
No other system of taxation opened
such a broad field for fraud and eva.
sion and none offered such tempta.
tons. If the tax were to be imposed
there is no reason why the exemption
should be $1,000. when in monarchical
countries. when this tax was levied,
the exemption was but $50. ard eye2
down to SOL. Was it to compensate
for the high cost of living here? He
believed that the higher the eXemp.
ton the harder it would be to defend
this tax.
Having spoken nearly two hours, Mr..
Hill gave way to Mr.. Callinger, who
also opposed the income tax. Then Mr.
Hill offered the amendment limiting
the exemption of the tax to incomes
less than $1,000 which Mr.. Vest had
offered yesterday OF behalf Of the IL
nance committee, but which he after
wards withdrew. / was lost-30 to5N
Mr. Hill made a motion to subsii'
tute $1,000 for the $4,000 line Of eS.
emption from income tax. The vote
was 20 yeas to IS Lays.
Senator Hill moved to make the line
of exemption from the income tax ST.
coo instead of $1,000. The vote was;
Yeas IS. nays 81
Mr.. Hin moved for a limit of S2,3oo'
This was lOst-yeas 25,-nays IS.
On Mr. HIS amendment to change
the date on which the income tax pro
vision goes into effect from Jan ],
1895, to January, 1896, and the date oil
its expiration from 1900 to 1901, the
yeas were % and nays Al.
Senator Allison today introduced an
amendment to the tariff bill adding
o new section to the internal revenue
part Of the bill, the effect Of which is
10 increase the tax on retail liquor
dealers from SO to $50 and on whole
sale dealers from 500 to $500.
Mr. Hoar offered an amendment 10
except from the Inheritance tax linea.
descendants and widows LOST
10 33.
Mr. Hoar then offered an amend
ment providing that the tax should no'
avrIy- r, ,nhnrftangas 9f liupal de-