The Wichita daily eagle. [volume] (Wichita, Kan.) 1890-1906, 1898-05-19
Ayers
VhePPy PectoPal
When the doctors considered me
incurable, Ayers Cherry Pectoral
cured me of
Chronic RPenchlfls "
L. B. LARDINOIS, Rosiere, Wis
HALF-SIZE BOTTLES. soc.

now the necessary money sould be raised
The COMMITTEES was agreed chat Sl5o. Co.,
| 900 should be raised by taxation. and the
remaining sum. from s120, 000. coo to $50,
| 00O0. by other means.
Mr.. Turpie thought the tax on success
| sion was one of the best features Of the
| latlon. while the tax on beer and tobacco
was a tax on consumption
Mr.. Turpis strongly urged the proposed
tax on corporations.
He estimated this tax would yieG $780,
100000 and that the Inheritance provision
would produce $50, 900 900 more This would
supply the amount necessary 70 be raised.
The remaining $50, 600. 900 necessary could
be raised by the coinage OF the silver
seigniorage and the issue Of legal tender
notes. The majority of the finance com-
mittee, he said, had deemed it wise to
propose the coinage Of the seigmorage
in Difference 60 the wishes OF the I5,ooo, coo
who in the asst campaign had made eVi-
dent their desire for such coinage.
The section OF the bill providing for the
issue of greenbacks was proposed by the
majority of the committee as substitute
for the bond section OF the bill as IL came
from the house For the present Mr.. Tur-
pie, said. the Democratic policy OF the
free and unlimited coinage of silver had
been regegated to the hustings and TO the
arbitrament of the ballot.
He argued at length in favor OF the
issue of greenbacks legal tender notes,
decla ring that the policy OF their issue
was almost an ideal one for the raising
OF money for such an emergency as now
confronted this government
''tI is" said he, 1.-The most patriotic
and the least expensive scheme OF Sc
curing money IN a time like this known to
man" q,n
Mr.. Turpie referred at some length to
the remarkable experience Of France,
whose people themselves had carried the
enormous loan TO the government made
necessary by the Franco-German war.
The example Of France, he thought,
ought to be followed by this country.
Referring to the proposed issue OF
bonds, Mr.. Turpie said its promoters had
put it as rider on this bill In order to
place congress in durance.
=. 6OI1n6n suggested tHdt the pcudIIy
for failure TO af1x the stamp to any
drug or medicine, perfumery, etc, was
too severe. The bin, as It passed the
house. provided a penalty Of 800, but the
senate committee had changed this so as
to make the offense a misdemeanor pun
ishable by a fine of not more than $500
or imprisonment for not exceeding six
months.
The provision was amended by strik-
Ing out the maximum fine. leaving il to
the discretion Of the courts 10 make II
less than 800. Mr.. German then moved
to strike out the clause providing for i'm
prisonment.
Messrs. Gray, Mills and Cullom also
supported the motion, and Messrs. Aid
rich. Jones (Arkansas). Chiffon. White
and Cockrell opposed it. The amendment
was rejected. 20 to q.
Mr.. German asked the senate to return
to section of the BILL providing that any
person willfully evading the requirement
to place revenue stamps upon any legal
document or taxed paper of any kind
should be fined not more than $500 or i'm
prisonment not more than six months, or
both. He moved that the fine be fxed at
800 instead of $500. The motion was
agreed to, 80 to Is.
Mr.. German then moved to strike out
the imprisonment clause. This was agreed
to without division.
On Mr.. Germans motion the imprison-
ment clauses were stricken out Of sec
tons and 9. providing for the use of
revenue stamps.
The senate refused TO strike out the
imprisonment feature of section IL. which |
provides for the afnxing of stamps to
stock transferred. In section Is of the |
bill the stamp taxes provided for were
made effective on the FIRST day of June" |
This was amended so as to read the !
fifteenth day of June
The bill was then laid aside for the ray. |
and ats o'clock the senate went into exec |
ltive session, and at Sis p. m. adjourned |