Iowa County democrat. [volume] (Mineral Point, Wis.) 1877-1938, 1894-07-05
Minneapolis was passed and the house
adjourned.

| washington. June 20.-The deba te
on the income tax provisions of the
tariff bill was resumed in the senate
The pending amendment was that of
Alr. Allison to exempt corpora tons,
companies or associations having Il
capital stock OF less than 100000.
! Mr.. Hill Immediately took the floor
| The theory of this income tax, he said,
was that the incomes from individual
| investments, unless they exceeded $4,-
600, should not be subject to the tax
But no such limitations existed as to
corporations.
He could see no reason for the dis
| tinction. He thought some amend
ments had been adopted that would
give small corporation the same ex-
emption granted to individuals. Mr.
Vest, in reply to Mr.. Lii, said that
under the present system OF taxation
the tai if system, the citizens paid
upon consumption. 1t was unjust and
unequal. The poor paid practically as
much as the rich. Property and in
comes should pay for the protection Of
the government.
Mr. Allison finally decided to with
draw his amendment altogether. Mr..
Hill reoffered several amendments
proposed the other day, but they were
all lost again.
Mr.. Allison again renewed his
amendment and 1t was again lost.
Mr.. Aldrich offered an amendment
exempting savings banks organized on
the mutual plan solely for the benefit
Of their depositors. Accepted.
Washington, June 29.-The house got
into series of dead locks over the
New Mexico statehood bill. The bone
Of contention was an amendment re-
quiring the public schools to teach the
English language. The consideration
Of the bill had not been concluded at
the hour of adjournment.
A cablegram from the French gov
eminent acknowledging the action OF
congress relative to the death of Pres
ident Carnot was laid before the
house, also message from the presi-
dent transmitting the latest Hawaiian
correspondence. A resolution was
adopted extending appropriations for
the current fiscal year for thirty days
from the Both inst, as the senate will
not be able to act on any Of the ap-
preparation bills before the expiration
Of the fiscal year.
The bill authorizing the construction
of foot and wagon bridge over the
st. Croix riI er between Wisconsin and
Minneapolis was passed and the house
adjourned.
Washington, June 2S.-The consider
alton of the income tax provision of
the tariff bill was completed at 1875.
At first Mr.. Hoar started series of
filibustering maneuvers which seemed
to indicate that it might be the pur-
pose of republicans to use the joint
resolution passed by the house Wed
nesday to continue for thirty days
after June 30 the appropriations of the
present fiscal year to blockade the tar
iff bill.
At 1890 the resolution gave way to
the tariff bill. The pending amend
ment was that of Mr.. Hill to limit
the time to the period between March
l and Aug. l of each year, when the
books Of corporations should be open
to inspection. Upon this there ensued
a protracted discussion, Messrs. Chan
der, Teller, Henderson and Allison
participating.
Mr.. Hill made motion to strike
out the income tax feature of the tar
iff bill. Lost-24 to 40
Three democrats, MeSsrs. Hill, Muir
ply and Smith, voted for the motion
and Mr.. Mcpherson paired for it. OF
the republicans, Messrs. Hansbrough,
Mitchell, of Oregon, Pettigrew, Power,
Shoup and Teller voted against the
motion, and Dubois so paired. The
populists all voted against the motion.
When the section relating to the tax
ON distilled spirits was reached, Mr..
Plat moved to exempt spirits used in
the arts and manufactures from the
operation Of the internal revenue tax.
Lost.
The section which advances the tax
on distilled spirits from 80 cents to
$1.10 per gallon was discussed at con-
siderable length. Mr.. PETER offered
an amendment to fix the tax on beer
at $3.50 per barrel. Lost.
Mr.. Aldrich moved to make the in
creased whisky tax go into effect i'm
mediately on the passage of the bill.
Adopted. Mr.. PETER moved to de-
crease the bonded period from eight
to three years. Lost. Mr.. Allison pro-
posed an amendment to levy an ad-
ditional tax of five cents per gallon
in addition to $1.10 on all distilled
spirits remaining in bond more than
four years. Lost. Mr.. Hill voted with
the republicans.
The committee amendment fixing
the tax at $1.10 per gallon and extend
ing the bonded period to eight years
was then agreed to without division.
Mr.. Aldrich moved to double the spe-
cial tax imposed on dealers in distilled
spirits. Lost.
Mr.. Daniel offered an amendment to
repeal the section of the existing law
providing that the farmer or planter