The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1898-06-02

Referring to the cha.
Chandler that the snnse made by Mr;
been packed by President 1ie ooorV n1u
purpose OF reversing the daoia s;no ior lne
the constitutionality of legal tsra agsinsV
MI Ml; ia IN ueciared 1T was an infamon non,
@ @an Of IN W Nr upon an eminent oiti-
Hoar), mali long since G Iady General
reputation is untarnlshed AMI gss', whose
is dehrer to me than ia ~ "Hose Iame
portion of my life y "o remaining
AT the conclusion of Mr.
marks, Mr.. Chandler irnned;noar g re-
claimed any intention either to crIt;o ois,
or asperse PRESIDENT Grant or Attornav
General Hoar, THAT distjnsniaa Seorney
of Massachusetts,, and he dig uisned son
such charge was fair dednctioro oaihk
his remarks. from
Mr.. Stewart made an extenao,
ment, concerning the supreme cos,,,. sCaSe-
cision upon the legal tender noteS ue,
the income tax as law. ooos anu
Mr.. Bate, Democrat of Tennessee raaa
a prepared speech upon the genarn,, f ae'.a
ures of the pending bill. He nartia,,i Leat
opposed the issue OF bonds savin gui that
because we were able to triumnS o on@u
Spain in war, it was not neccassa -. usa o.,
smother her with bond issue W
Mr.. Bate supported the con tsnt;on ~
majority of the finance oommittaa ~,
a corporation tax, coinage of the si1ne,
seigniorage and the issue of legal tender
notes.
Mr.. Allen offered as a proviso to the
bond amendment of the minority of the
committee the following: '-A0
Provided that except that as in this act
provided, the secretary of the treasure
shall not have hereafter authority to issns
any bond or interest bearing obligation
unless specifically authorized to do So bv
Congress.
The pending question was upon the
gross receipt tax on corporations, but Mr..
German withdrew the amendment tenn
porarily, saying that he desired to offer
it later in such form as would insure a
direct vote upon his proposition.
Consideration OF the committee amend
ments to the bill was then resumed.
The paragraph relating to the tar on
insurance agents was made to read:
INSURANCE agents shall pay twelve dol
lars. Every person. firm or corporation
having an Office or place of business and
acting as agent, etc.. shall be regarded as
an insurance agent.
The tobacco taxes were modified as
heretofors announced to have been agreed
upon by the committee.
From the paragraph placing a tax upon
dealers in leaf tobacco, the committee
offered and substituted:
dealers in leaf tobacco whose annual
sales shall not exceed $50, 600 pounds
shall each pay Sc; where the annual sales
exceed $4,000 pounds and do not exceed
100, 900 pounds, $l2; over 100000 pounds,
$24."
The substitute was adopted.
In the remaining paragraphs relating
to the tobacco tax, the tax was levied
upon the nuyrb Der of pounds handled, in
stead of upon the aggregate price Of to-
baoco and upon the nuinb Der of cigars
manufactured instead of en- the cost Of
the cigars.
The provision requiring stamp to be
placed ON certain medicines was fixed
SO as to exempt recipes or prescriptions
written by practising physicians and
surgeons, "or which may be put up or
compounded by druggist or pharlna.
cist.'
Mr.. German then offered his amend
ment taxing corporations upon their gross
receipts as a substitute for the committee
amendment, leyying tax upon express
and freight packages and upon all tele-
phone messages upon which toll is paid.
AS finally proposed, Mr.. German s amend
ment provided that the tax upon the
gross receipts of corporations doing BUSH
ness exceeding $3.50, 900 year should be
one. quarter of one per cent. "
The amendment was defeated, 81 to 3d.
Mr.. Pettigrew then offered the origi-
nal German amendment with the $780,
900 exemption stricken out as an addit.
ional section of the bill. 1t was amended
SO as to reduce the tax from 1-a to IA of
per cent. 1t was defeated, 1851.
Mr.. White, Democrat of California,
offered as substitute for the committee
amendment leyying tax upon corpo-
rations the German amendment with all
corporations eliminated except those en-
gagged i'll the refining of sugar and Pc
troleum, the amount of the tax being IA
of l per cent and the amendment was
agreed to, 30 to 26.
Mr.. Gray Democrat of Delaware,
strongly opposed the stamp tag as onerous
and odious to the people. The amend
ment of the committee providing fora
stamp tax upon express and freight pack
ages, bills of lading and telephone ines
sages was agreed to without division.
After agreeing to meet tomorrow at
10 O'Clock, the Senate at 6. 10 went into
executive session and shortly afterwards
adjourned.