New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-04-27
WAR TAX BILL IN THE HOUSE
THE FINAL VOTE TO BE TAKEN ON
FRIDAY.

M no1.nT THAT 1T WILL RE PAssED-DEMo-
CRATIC AMENDMENTS REJECTED IN THE
WAYS AND MEANS COMMITTEE.
fuy TELEGRAPH TO THE TRIBUNE
Washington. April 26-The War Revenue bill.
wbicb vos reported to the House OF represent
otives from the Committee on ways and Means
to-day will be passed on Friday. To-day
sssson Of the committee was lively ana IN
teresting one and was marked by some exh'oi-
lions Of craftsmanship which were as pecuhar
as they were interesting. Mr. Bailey, "t leNas'
set the ball in motion by proposing an a'le'lu-
rent providing for an internal tax on all de-
pos,s In banks Of every description includ'hs
savings banks cooperative associations SUCH
as building AMI loan associations. ana so OIL
| Mr. Bailey advocated this proposition III
speech but finally modified |. so as 10 MAKE 'Ho
tax q, nor cent a year Mr. Robertson. Of Louis
lana moved TO exempt from taxation uepos''
in savings banks and gave coeent reasons why
the exception should be made. BY TINS 'l'he
all the Democratic members Of the committee
excent Mr. Bailey had taken the Alarm anu
soveral Of them quickly suggested TO MIN 'hdt
he withdraw the amendment. lie at INST re-
fused to do so.
INCOME TAX VOTED DOWN
~, NcNiuin of Tennessee. then moved 10
.,r,l,o ont Sections 81 and - (Which respectively
nrovide for a popular loan on 100 . per cent
/ bonds and for the issue Of one years certlh-
c.tes ~ indebtedness by the Secretary OF the
Treasury) AMI to insert in lieu Thereon t"e III
come tax provisions of the Wilson-"oriha" "''
with certain notifications. one oi '"eso ~"
posed to exempt incomes from state county
| o,d ,uunIcinal bonds: a second provided that
the tax should be fixed at ; per cent per an
mum on al! incomes in excess of S-'Voo.
. cd
Mr. NlcMillin's proposed amendment proVoheu
a brisk discussion. Chairman DnGey Po'"''"e
out among other things that it would deprive
,h ,,overnuant in time II war OF the means 20
raise money to pay. feed and ciothe us S'u''''
Inv arms and ammunition for its Army ana
NAVY and meet the numerous other '@oe"u
lures REQUIRED by war operators. and sups"-
$780,, ,o ,.bfcb had been declared unconstitu-
;,onal by the Supreme Court OF the on''eu
c,o,es md which even II 1t could be collected
mould mot yield any considerable amount oi
rove,ua for many months TO come whereas
ready money would be needed to pay war pl''s
yyifhin n few weeks The ayes and noes "''"
called on the McMillin Amendment ana II vas
rejected 10y strict party vote Inc ann
votes were cast by Messrs. Bailey M'"II'"'
Wheeler Robertson. swanson ana M'N ''''"i'
Democrats and the negative votes ny M'Ss'S'
plaglev. Payne. Dalzell. Hopkins GTos'chor'
Eusseu Dolivcr steele. Johnson N. ID. Evans
/ and Tawncy Rcpuhlicans.
Tho mex. Democratic amendment was otter'u
, hv Mr. Robertson. of louisiana vh" n'N'' ~
strike out Section - and insert IL lieu Thereon
n provision authorizing the Secretary o' inc
Treasury Ia issue silver certIhcates /" "a"
-, ,,ou, SO 600 OpO equal To the segnior-
age On the uncoincd silver bullion IN the i''"
nv and directing him To- cause said seigniorase
4 "a lilo or
,aiv as practicable This amendment was re-
,ec,ed hv tho same vote as the preceding one
BAIIEY's GREAT SCHEME
Mr. BAILEY now came forward with braha
new piece ~ craftsmanship lie pr'poSeu ~
strike out Section - and not substitute an!
nroyislon fsr 1t. his idea apparently heihH 'h"'
,nssrnuch as Congress had Unanimously "e
c,o-od q state 81 war 10 exist 1t would not he
necessary 70 raise money to carry " on i'''
amendment was also rejected by party vote
! The Texas statesman then offered an au'ehu-
nent 20 strike out Section IS and insert In lieu
thereof mixed silver and greenback provis-
ion to issue certificates equal In amount taoout
$40 600 Oom TO the seigniorage on the uncoined
.,iver bullion ia the Treasury. and greenbacks
suc,ci.n, I'm amount 20 make the sum ~ SlOo.-
opu Wp This scheme % create about S'IN.oVV.ob
OF fiat money was more than one or the Dem
ocratic members ~ the committee. Mr McClei-
Inn ~ New York could stand and he voted
with the Republicans against It. He. however
voted with his party colleagues Of the com
n,lttee for every other proposition offered by
them.
The last Democratic amendment offered was
/ by Nh McMlllin. who proposed the income tax
provision as an additional section. This also
was defeated by party vote.
REPORTED by PARTY VOTE.
/ on the motion TO report the biz TO the House
/ with n favorable recommendation nil the Re-
ruhcan members voted I'm tho afrm1tiv and
all the Democrats in the negative except Cen
cral Wheeler. o. Alabam1 who asked to be
recorded as present" Thu amendments pro-
| posed and supported by the minority members
Of the committee to-day disclosed the line OF
! probably in the Senate. Sections - and 2S
will have to bear the brunt Of the attack and
II has been agreed that those sections shall be
| the first ones considered when the bill Is opened
| 10 amendment in Committee Of the Whole.
Tomorrow and Thursday. with evening
session each day. Will be devoted 10 general
debate on the bill. and on Friday IT will he
/ open 10 amendment and debate under the five
minute rule until o'clock p. m. when a
! will be taken the bill and pending amend
ments. The written report which accompanied
and it Is exceedingly interesting well as
Instructive. 1t will he founi below.