The Seattle post-intelligencer. [volume] (Seattle, Wash. Terr. [Wash.]) 1888-1914, 1898-05-25
H LONG REVENUE DEBATE.
..y OF kENTUCKY ADSO-
Gates 4 BOND ISSUE
r....haUox Proposition He At
..rks ~ a Forced L""" q" the
...,,e. Destructive of the Nation
~ Credit, Without Any Excuse.

yAssirSGToH. May A.-The senate
u.,sair's Invocation al t1e opening OF sha
- was hymn Of Thanksgiving for
:. .s,h birthday Of the beloved Victoria.
sssen o. "fes' ID '''''' '' ''"'e' 400
tss
- ,rhon Prince 81 All Kings. We come
- nv presence with A hymn Of thanks
80 a. NC ceIehrat. the 18th birthday
ssy sracious majesty. The queen Of
s.s, Britain ard Ireland and empress
r~dss whose conduct and character "a
sssa.sr. wife. mother friend, as wen
gracious sovereign. has won and
- Ter her the loyal devotion Of her
- =. s4ou,e ard the reverend regard % all
-. ,4.,nle OF whatsoever name and race
s...,.a ,be globe wo pray Thee TO spare
=. n, GRAFT her hea.tn. maintain the
1919 Of her sovereignty. And when
-. sire Of departure hence shall come.
- are go IN peace. comfort and JOY.
g.. The hearts of the people who speak
:. razssh tongue more and more strong
= .sy..ser. that We may work oot the
ss,s,y probiem = the highest civilization
= tas whole earth.
ansr tas transaction OF some business.
a.. xsr measure vas Laid before the SEN
=. gy agreement The paragraphs reiat-
,-r 10 corporation taxes acre under con-
ssxszslor. the pending question being the
s-s,duenf Of Cheney Of Louisiana. ex-
snst,nS from corporation tax limited
s.h,,s.y' companies. commercial partner
.ssos Or corporations. and companies or
separations OF limited liability conducting
Stating or farming business or pFepar-
~ for market products of the soil
Ail.n Of Nebraska though, II the amend
r,nt Included the big sugar corporations
n ought no; TO be adopted. Daniel Of
Virginia expressed mis- opposition TO the
susnameni. saying that he thought farm
rs ard planting interests were sufficiently
wo,scted In the pending bill.
FRYE of Maine declared that the pro-
sa,sd tax on corporations vas good
sssme 10 encourage enlistment in the
rsl,ed States army.
Il armly believe" said he, that II this
tasura OF the bill he enacted into Jaw.
zee million men viii be out Of work.
He maintained that the burden of the
ux would fail on the men and women
yAo worked Ia the mills. for 1t Is per-
sec,!y evident that in the event the tax
d kYled, the mills must either close en-
ursly or reduce wages. In either event
strikes and misery would result In in
eas,rial centers.
FRYE objected. too. 10 the tax on bank
espas.s, because OF the burden placed
upoa ihe deposits in savings banks. He
did not believe. he said that the senator's
from the South had any proper concop-
tsa Of the savings bank as It was known
&c Nsw England. 1t was really philan-
isfegic Institution.
Pat OF Connecticut. a member OF the
snsaoe committee, declared that the cor
a,sed II unconstitutional. He argued that
&c bill raised enough revenue without
&c corporation tax. that the tax was I'M
:ssi and unequal in its burdens upon bust
ss14. that the measure WoDiG TshiZc more
rsvsnue than the people could afford TO
pay In one year. and 1t surely would
asks the government defendant in a
srlss Of law suits.
Lindsay of Kentucky. In the course OF
a. extended legal address on the corpora
ton tax feature OF the bill, said 1t was
Impossible Tor the government 10 levy
taxes OF this kind. except on consumption
as3 on industry. He maintained that it
sas the part Of wisdom for the congress
70 enact only such legislation as would
se beyond controversy in the courts. In
Us time OF great emergency In the coun-
s'y's history congress ought 70 give the
government dollars and not law suits.
slth which to conduct the war
Lindsay held that II the corporation tax
provision OF the pending bill should be-
cone law. 4, would seriously cripple
d state OF Kentucky as wei as other
.a'ss Of the country. /, would be an