Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-04-28

'hat the civil war cost 81, 100, 000, 900 PEI
arnum.
Sayers While avowing his WILLINGNESS
10 vote every dollar necessary 10 pros.
ecute the war. contended that there
was no necessity for authorizing in this
hlil the raising of 500. 000, 900. wher
Congress would meet again in Decem.
Der.
hahey, the leader of the minority
followed Dingley With the opening ar
$ufnent on his side He said that his
sioe realized as much as the other. the
necessity of raising revenue to carry
on the war and they stood willing t.
cooperate in placing at the DISPOSAL OF
the government every material aid fol
the prosecution of the war to a success
ful and speedy termination.
There would be no difference of opin-
ION that the government should be
abundanuy provided With revenue
But, said he the minority would not he
either led on driven into the support #
measures Which commend themselves
neither to their conscience or iudg-
ment
There We're in the banks of the United
States $I101 000, 600 of deposits. Pro
ceeding With his criticism of this and
some other features of the bill Bailey
declared that imperfect as it was. his
side would take it if the other side
would accept their proposition for an
income tax which would provide an ad-
diGonal increase of $100 000. 600. Demo
cratic applause).
He thought the estimate Of Dingley
$50, 100000 q month for war expenses.
are reasonable one and he said that
II the income tax provision were made
part OF the bill we would not need 70
mortgage the future TO fight single
battle of this unhappy strife.
Bailey also contendod for the propo-
sition to coin $iS 900, 600 Of the silver
seigniorage and to that he thought an
issue of SIS .0oo, 900 Of legal tender notes
could he added with propriety The
SrcenbaclI circulation could he extend
ed that far without danger
He was himself as far from believing
IN fiatisn as anybody. but he said he
had no more doubt than he had that
there was 4 God in heaven that we
could safely issue SIS. 600 600 Of non-in-
terest bearing notes and he did no,
think a man on the floor would rise il
his place and deny it,
The gentleman from elaine tDinglcy}
advocated the placing of q bombed debit
upon this country OF $6upaJn ono
Whenever the Countrys credit ought t.
he pledged, he would lie willing to d,
this, hut there was not. IN his opinion
any necessity for mortgaging that
credit at this time.
We propose" said Bailey. to tH>
the rich men now rather than to mort
gage the cncrGies of the moor man fol
coming generations" Applause on tn,
Democratic side).
Discussing the question of the su-
prcme courts decision in the incom,
tax case he declared that no question
was ever settled until it was settleo
rightly. He felt that the decision ni
the court VAS wrong and for one II,
would have another case passed upon
by the court in the belief hat the court
might reverse its decision He mad,
this statement he said. without in any
way rejecting upon the court.
The court, unon the occasion Of its
decision in 1894 had hung in the balance
one Of the justices had chan"ed his
opinion within a month. The decision
had been rendered by Il court divideG
| FIVE To four. That demonstrated tho
! fact that it was still an open question
Bailey then entered upon an EXTENDED
argument upon the constitutionality D!
the income tax combating the theory
that il was a direct tax inhibited by
the constitution.
| Bailey said the income tax provision
! which the minority had drawn, and
| which would be offered by Mcmillan
| had been drawn to meet that portion
/ of the courts decision which was I'M
anmous and in which he concurred by
! eXempting federal. state, county anC
municipal bonds. Bailey declared that
the income tax was the most just taH
| ever conceived. 1t was the only taH
| that rose with a mans ability to pay
and fell within his ability to pay Ii
was the only tax that increased il
times of prosperity and decreased il
| adversely. Il took from the citizen on
| ly when the citizen was able to pay.
| AS for the argument that the ta>
would be evaded because men WoulC
perjllre themselves, it carried no
weight with him. That was simply {
plea to save rich perjurers from he'll
where they ought to be.
eff / We're rich and prosperous con
Guided Bailey 7 would contribute OF
| my abundance to my country in this
ttirme Of stress because 7 would not wan,
lit said in the history of these times tha'
Ethe poor gave more of their blood thar
the rich were willing to give of theil
! treasure" (ApplauSe).
Deliver, Rep. Iowa, member D
the ways and means committee, wa;
| then recognized. He was listened tc
with close attention and was frequent
| ~ interrupted by applause.
Deliver said if there was ever ease
| in the history Of the world where .
situation amounting to Il declaration
of war was the direct result of the wish
and purpose Of the people themselves,
| it is in this case.
The people of the United States
| have been governed by motives higher
| than party politics and more generous
| than their own material interests. Ii
cannot be said that the President has
| plunged the country into war In
| stead of influencing the public opinion
Of the country he has tried to moderate