The San Francisco call., 1895-05-22
REVENUES ALL RIGHT.
An Extra Session of Congress
Not to Be Caused by the
Decision.
OTHER TAXES ARE UNJUST
There Is Plenty Of Money in the
National Golfers to Keep up the
Country's Credit.

WASHINGTON, D. c., May 21.-The in
come-tax decision, it's effect upon the reve-
nues and the probabilities of an extra ses-
supplying the deficiency were the chief
subjects of discussion in official and politi-
cal circles to-day. Senator Morgan OF
Alabama, one of the ablest constitutional
lawyers in the Senate, said to-day that the
decision leaves the taxing powers of the
Government in state of wreck. 1t will
require long time for US to gather up the
fragments. Principles of taxation which
were considered well settled are torn UP
by this decision.
'How will the question come up in the
Senator
"In connection with the question of re-
funding $4,000 already collected and the
refund of the cotton, whisky, beer and to-
bacco taxes. All these taxes are as much
direct as the tax on personally and as un-
constitutional according to Yesterdays de-
cision of the Supreme Court"
"What can Congress do?"
"Of course" replied Senator Morgan,
Congress will have to accept the decision,
but an amendment to the constitution is
always possible.
Senator r::Faulkner of West Virginia said
he thought there was no danger of an ex-
ira session and no earthly chance for one.
He added:
"Even with this loss of income there is a
comfortable condition of the treasury. It
has to-day $90,000,00O surplus in addition
to the gold reserve, and | am sure that will
be sufficient to last until the meeting OF
Congress. The country will not suffer so
much from lack of legislation as 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 session OF
Congress is out of the question. Nor is
there the least likelihood of another bond
issue. The treasury has now balance OF
over $197 900 900, which is available for all
purposes, and this amount is more likely
to be increased than diminished during
the next three months.
1t is argued that the approaching fruit
canning season is certain to make a largely
increased demand for sugar, which, owing
to the small supply on hand, must be i'm.
ported. The revenues from this source
are confidently expected to reach severa
millions, and this, added to the large
amounts which will soon begin to come in
from renewed liquor licenses, will largely
augment the revenue, even should the GUS
toms not meet present expectations. All
licenses expire on June 80 each year, and
judging from last years revenues, the re-
ceipts from this source will exceed $1,000,
600, which must be paid within the next
forty days. In the meantime the expen-
ditures will be kept down to the lowest
point consistent with good business princi-
piles.
Commissioner Miller Of the Internal
Revenue Bureau will dismiss every
unnecessary person in connection with the
income tax at the earliest possible moment,
and as soon as the returns can be classified
and tabulated so that the amount to be re-
funded to each person who has paid his
tax is made apparent the bureau will be
closed.