New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-06-01

.. .oss,o, ~ the Revenue bill Mr. ELKINS
(Rep W. Va objected TO tax on corporations ana
bank deposits and 10 the stamp tax. he maih-
tanned especially that the tax on bank deposits was
wrong In principle az It was tax on dents. con-
corning the corporation tax. he held that the tax
on gross receipts manifestly unjust. AS II bore
upon property which the corpora lions did not pos
sess The net earnings were a proper subject Of
taxation He was strongly In favor of just and
equitable system Of taxation. He opposed the
amendment Of the majority OF tho committee last
Saturday because It Disseminated against citizens
composing corporations and in favor Of individuals
doing the same kind ~ business II was A direct
tax not objectionable among the States. and
vas unconstitutional An income tax was prefer
able The amendment Of Mr.. German. he said.
embodied the same injustice In an agsrava ted form
He made vigorous arrangement OF the proposition
70 issue leSai-tender notes as full NJ danger ana
mischief credit and finance
Mr. Elklns discussed territorial expansion The
present war; only a month old had sent the country
further on In the progress Of the world than in
hundred years before II had wrought changes In
the public mind brought new conditions and
problems and tho country must look more and more
10 extending the markets for It's products. and
that end must acquire more territory than may
come through tho fortunes of We must have
merchant marine ships the seas. control the
shipping and commerce the great oceans that
wash our shores. and 4 navy greater and more
powerful than any now afoaf. This Is manifest
destiny
Mr. Elklns said tina. because .. the traditional
policy OF isolation and opposition TO acquiring terri
tory in the past. what was gained by war must not
he put aside THE Nicaragua Canal and the
Hawaiian Islands" he said. rise above the horizon
and como in sight more plainly than ever and
whatever opposition there may have been 10 build
ing and acquiring the others heretofore must
disappear IN the face of the flag going up
Moro Castle. what has happened in the Philip
pines. and the great trip ~ tho Oregon" Concud-
ing he said
Long ago. In 1909. Thomas jefferson dreamed Of
the United States One now 10 us through
n war could not avoid and our trade relations
With the other are in fair way OF being placed
n basis satisfactory 70 both countries The
bnntion md consolidation that have about
under the iemand for wider rkn.s ard trade
acquisition of territory In the interest Of larger
trade and commerce. Tho world today is but
vast neigh borhood FAST heinz divided M in g-oups
~ vast families n is drawn more closely together
than were countries and States fifty years ago. II
has become NOR" commercial than ever mem
hor ., this family cannot resist in It's inferes,
doing what tho other members do Consolidation
and merging Of smaller States into larger ones and
empires irresistible. Necessity Hes ar the bot
tom or his great movement.
The Senate AZ the close ~ Mr. F'kinss speech
on motion ~ Mr. ALLISON (Rep Iowa. The
Senate A. SIS, p m went into executive session AID
nfterwarl adjourned