The Coeur d'Alene press. (Coeur d'Alene, Idaho) 1892-1907, 1895-06-01
THE DISCARDED Law
Eject Of Income Tax Decision
Upon the Revenues.
no EXTRA SESSION OF CONGRESS-
Wiil BE IsersaseA Dssisg Tie
Nest Throo Monshs.

Washington, Nay 3s.-The income
tax decision, its eject upon the reve-
nues and the probability Of IN extra
session Of congress TO provide means
for supplying the dellcit were the chief
subjects Il discuasiou in o6icial and po-
litical circles today. Senator Moran.
Of Alabama, one Of the ablest conseitu-
tional lawyers in the senate, said today
that the decision leaves the taxing pow
eEs Of tho government in . state OF
wreck. II will require . long time for
~ to gather up the fragments- Prin-
cipals Of TAXATION which were consid-
cred we'll settled are torn up By this
decision.
How win tie question come up in
the senator
'In connection with the question Of
refunding the t75, 900 already collected
and the refunding Of the cotton, whis-
ly. beer and tobacco taxea All these
taxes are - direct - the tax on person
atty and ~ unconstitutional, according
to yesterdays decision Of the supreme
court"
"What can congress DOR
"Of course" replied Senator Nor
gan, congress will have TO accept the
decision, bat an amendment to the con-
stitution 10 always possible.
Senator Faulkner, Of West Virginia,
said he thought there was NO danger Of
an extra session, and NO earthly chance
for one. He added:
Even with this loss Of income there
is comfortable condition of the treas
ury. 1t has today t90, 600. 900 surplus
in addition to the gold reserve, and l
am assure that will be sufficient to last
until the meeting Of congress- The
country will not suffer 90 much from a
lack Of Legislation Is it would from a
session Of congress"
Members OF the administration, who
are undoubtedly fully acquainted with
the presidents views and purposes,
state unhesitatingly that an extra ses-
sion of congress is out Of the question
Nor is there the least likelihood Of an
other bond issue. The treasury has
balance Of $751;. 900, 600, which is
available for all purposes, and this is
more likely to be increased than dimin-
ished during the next three months Ii
is argued that the approaching fruit
canning season 10 certain 70 make q
largely increased demand for sugar,
which owing to the small supply On
hand, must be imported The reve-
nues from this source are expected to
reach several millions. and this. added
to the Large amounts which will soon
begin TO come in from renewed liquor
licenses, will largely augment the rev.
enues, even should the customs not
meet present expectations All licenses
expire on June so each year, and. judg-
ing from Last years revenues, the re-
ceipts from this source this year will
exceed s.. 900, 600. which must be paid
within the next forty days In the
meantime the expenditures will be
kept down 70 the lowest point consist.
ent with good business principles
Commissioner Miller. of the internal
revenue bureau, will dismiss every un.
necessary person in connection with
the income tax at the earliest possible
moment, and as soon as the returns can
be classified and tabulated, 90 that the
amount to be refunded to each person
who has paid his tax is made apparent.
the bureau will be closed.