Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1898-06-02

tended, Mr.. Dingley explained, to pre-
vent the export of spirits Tor bond
ing purposes, to which reference ha
been made in the debate. Pendin
the roll call the house adjourned.
Washington, May 27.-Socn after
the senate convened, MI. Carer re
ported from military affairs committee
a bill providing for a second assistant
secretary of war TO receive d salary
of $4,000. 1t was passed. Mr.. Nor
gan offered this amendment to the
war revenue measure: When any of
the islands of the Atlantic or Pacific
Cceahs are owned by the United
States as a result of war with Spain,
1t shall be lawful and within his dis
erection for the president to appoint
civil or military governor of such
island or any group of such islands,
and there shall be extended over
such islands and enforced therein,
such parts and provisions of the tax
laws of the United States or of such
islands, whether relating to customs
duties or to internal taxation, as
shall, in the judgment and discretion
of the president, be justly applicable
to such islands during the existence
Of the war with Spain. The currency
Of the United States, whether OF gold,
silver or paper money, shall be a
lawful tender in said islands for the
payment of all debts, public or pri-
Vate." Consideration of the war
revenue measure was resumed, Mr..
Teller finishing his speech. In con-
Guiding that part of his argument in
favor of an income tax, Mr.. Teller
said if the proposition were submitted
to the senate he would feel bound to
vote for it, despite the decision of
the supreme court against the law Of
1894. Il have no reason to suppose -
he said, that the court may not yet
return to its former decisions; indeed,
I have every reason to suppose that it
will"
Mr. Nelso4 of Minnesota regarded
the propose issue of greenbacks as
one Of the lost important features of
the bill. He declared that of all the
loans made during the civil war the
forced loan covered by the greenbacks
was the most expensive. Closing,
he said that in any way it might be
taken, the view of the majority of
the finance committee was wrong and
cnlJ16 followed Mr.
Cockrell contended that the bill, as
reported, including provisions for
the coinage of the seigniOrage and
the issuance of treasury notes aud
the elimination of the bonds, would
provide sufficient revenue for the con-
duct of the war. He made long ar
gument in favor of legal tender notes.
He maintained that an issue Of green
backs was infinitely preferable to IN
terest-bearing, untaXable obligations.
Mr.. German Of Maryland said he ap-
proved of some of the amedments
made by the senate committee. His
effort would, however, be directed
toward making the bill more nearly
just and equitable than it now is.
The burdens ought to be placed upon
the large interests able to pay the
taxes instead Of upon the people re-
CARELESS of their condition. The
people, he maintained, should be ex
empted from the offensive and bur-
densome tax, the leyying and collec-
ton of which would result in most
ca.I -
been declared during the debate that
the corporation tax, if enacted into
law, might be decided by the supreme
court to be unconstitutional, thus re-
iterating a decision as Infamous"
as that on the income tax law. Now
is the time" he declared, while we
are engaged in war, to test the SUI
preme court upon the corporation tax
question. A decision against it will
not destroy our financial structure
but it would destroy the court. The
people would amend the
constitution so that in time OF war
taxes might be levied upon all inter
ests justly and equitably." Mr.. Cor
man advocated an issue of bonds. Mr..
Allison proposed that a time be
agreed upon to vote upon the series
of amendments relating to corpora
ton taxes. These measures were
passed: Donating a condemned can
non to the thirty-second national
now to the thirty-second national !
G. A. R.; providing for !
a survey Of the harbor at Sheboygan, !
Wis. and extending the tire for the .