Kansas City journal. [volume] (Kansas City, Mo.) 1897-1928, 1898-06-02
SENATE VOTES A WAR TAX ON OIL
aa AND SUGAR COMPANIHs.
OTHER CORPORATIONS ExtMP7
MR.. GoRMANs AMENDMENT VOTED
down, ~ TO "a.
Taxing the. standard OIL
and Sugar Trusts Was Adopted
by q Vote of 3S to 28-Much
PrOEress Was. Made
Yesterday.

WASHINGTON, June 1.-Marked progress
was made by the senate to-day toward the
final disposition Of the war revenue meas.
ure. The committee amendments on nearly
sixty pages of the bill were passed upon.
and the senate reached nearly the princi-
pal questions at issue between the contend-
ing parties. These remaining questions have
already been discussed pretty thoroughly,
and, aside from few set speeches yet to
be delivered will not arouse probably more
than desultory debate.
The interest Of the session centered in the
action taken on the amendment Of Mr.
German, Democrat. Of Maryland, levying
a tax of one-quarter of per cent on the
gross receipts of all corporations doing a
business exceeding $250,000 year. BY d.
rect vote upon 1t, the amendment was re-
jected-N to "a.
Mr. Pettigrew, Populist, Of South Dako-
ia, offered the German amendment with tho
clause containing the $2500OO exemption
stricken out, but 1t was defeated-S to 81.
Mr.. White. Democrat, Of California, then
proposed the German amendment 80 modi-
fed that 1t levied a tax of one-quarter of
per cent upon all corporations engaged In
the refining Of sugar or petroleum. The
California senator explained that he de-
sired to see tax levied on the American
sugar trust and the Standard Oil Company.
The amendment prevailed by q vote of 50
to 26. 1t was supported by twenty-five
Democrats. four Republicans, five Populists
and two. silver Republicans, and opposed
by twenty-four Republicans and two DEM
ocrats.
In the course of discussion Of the ad-
ministration's effort to secure international
bimetallism. Mr.. Chandler criticised Secre-
farv EaVo oharrlv f0r tha r0oftion ho IN
assumed in attempting irrevocably to COM
init the administration to the gold stand-
ard. and criticised his hostility to silver and
International bimetallism. Speaking OF the
action of the Teller resolution, which re-
affirmed the Stanley Matthews silver reso-
luton, he said that Secretary Gage had
many supporters In the Republican party.
He said that, at the head of those who
voted for the Matthews resolution in the
house, was William Mckinley. now presi-
dent. and in the senate, William B. Alli-
son, OF Iowa.
He thought 1t remarkable that what was
true and honest twenty years ago was true
but dishonest noM. Mr.. Chandler said the
Republican party did not hesitate to re-
organize the supreme court in order to
assert the right of the United States to
issue irredeeno eble paper money. He re-
viewed the various decisions Of the supreme
court on this! subject. and said that ma
tional honor was not in danger by coinage
of silver IL It was rot endangered by the
issue ct paper. .s,s & So
Mr.. Hoar. Of Aassachusetts. made re-
ply to q part OF MI. Chambers remarks.
that, whether the Aecrefafy OF the treas
ury was In financial accord with the admin
istration-wtth the president personally. or
with the seuate-did not seem to him much