The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1898-06-02
SUGAR AND OIL MEN SADDLED
WITH A TAX
HOUSE ENJOYS A LOVE FEAST
Patriotic Speeches Called Forth by the
Removal Of Political Disabilities
Of Ex-Rebels
Associated Press Special Wire

gress was made by the senate today to-
wards the final disposition Of the war rev.
enue measure. The committee amendments
on nearly sixty pages Of the bill were
passed upon and the senate nearly reached
the principal questions al issue between
the contending 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 de-
bate. The interest of the session centered
In the action taken on the amendment OF
Mr.. German Dem.) of Maryland, levying
Q tax of one-quarter of one per cent on the
gross receipts of all corporations doing
business exceeding $25O00O year. BY
direct vote upon 1t the amendment was re-
jeoted-27 to "a.
Pettigrew (Pop.) of South Dakota offered
the German amendment with the clause
containing the 900 exemption stricken
out, but 1t was defeated-23 to 81.
White Dem.) of California then proposed
the German amendment so modified that 1t
levied tag of one-quarter of one per cent
upon all corporations engaged in the refn-
ing of sugar or petroleum. The California
senator explained that he desired to see
tax levied on the American Sugar trust and
the Standard Oil company. The amend
ment prevailed by vote of SO to rs.
It was supported by twenty-five Demo-
Gratis, four Republicans, five Populists and
two Silver Republicans and opposed by
twenty-four Republicans and two Demo-
Gratis.
A bill for protection of homesteaders who
entered the military or naval service of
hn MI oI Gfota in limo IF
passed by the Senate at the opening of to-
days session. The bill provides that the
service in the war with Spain shall be
considered as residence and work upon
land and that by enlistment the claim shall
not be forfeited.
When the War Revenue bill was taken
up the absence Of a quorum was suggested
and Is minutes were consumed in assem-
bling the requisite number of Senators.
Mr.. Chandler Republican, of New Hamp-
shire, assumed, he said, that the majority
of the Finance Committee would insist
upon its proposition to coin the silver
seigniorage and that the Republican mi
hority would press its bond proposition
and thought 1t proper to offer some re-
marks upon the amendment he had Of
fered to the pending bill. The amendment
follows:
''And 1t is hereby declared to be the pol
icy Of the United States not to commit
the country more thoroughly to the gold
standard, but that the efforts of the gov
eminent in all its branches shall be stead
lily directed to secure and maintain the use
of silver as we'll as gold as standard money,
with the free coinage Of both under a sys-
tenn of bimetallism which will insure the
parity in value of the coins of the two
metals, furnish a sufficient volume of me-
tallic money and give immunity to the
world of trade from the violent fluctuations
in exchange"
Referring to the general feature of the
bill, Mr.. Chandler declared that the oppo-
nents of the existing war should not be
allowed to make it unpopular by the in
Fiction upon the people of onerous and
ill-advised taxation. He urged that it was
better to await the developments of The
war before making extensive provision
for 1t. A few months hence, he thought,
It would be far easier than it now is to de-
termine what amount of taxation should
be levied
Mr.. Chandler announced his opposition
to the issue of the legal tender noes. In
age of the silver seigniorage was an en-.
tirely different thing. He saw advantages
that would accrue to the country from the
conversion of the seniorage into money and
not the least danger. He was not in favor
of ten-year three-per-cent. bonds as the
cheapest way of raising needed funds for
the prosecution Of the war.
Mr.. Chandler then began discussing the
- Ill 1T L.
the gold standard and advocated bimetal-
ism.
In the course of discussion of the adj
mniistration's effort to secure internal
tional bimetallism, Mr.. Chandler criticised
Secretary Gage sharply for the position he
had assumed in attempting irrevocably to
commit the administration to the gold
standard and criticised his hostility to sill
yer and international bimetallism. Speak
ing of the action of the Teller resolution,
he said that Secretary Gage had many
supporters in the Republican party. lie
said that at the head of those who voted
for the Matthew resolution in the house
was William Mckinley, now president, and
in the senate, VIM. B. Allison of Iowa. He
thought 1t remarkable that what was true
and honest twenty years ago was true
but dishonest now. Mr.. Chandler said the
Republican party did not hesitate to reor-
ganixe the supreme court in order to assert
the right Of the United States to issue IT.
redeemable paper money. He reviewed the
various decisions of the supreme court on
this subject, and said that national honor
was not in danger by free coinage of silver
IL it was not endangered by the issue of
paper.
A concurrent resolution, directing the
commission appointed to codify the crimi-
nal laws Of the United States to prepare
and submit to congress code of civil pro-
cedurc for the District of Alaska, which
had been slightly amended by the house of
CONSERVATIVES, was concurred in.
Mr.. Hoar of Massachusetts, made re-
n,y to a part Of Mr.. Chambers remarks,
manifesting much indignant feeling. He
said that whether the secretary of the
treasury was in financial accord with the
administration, with the president person.
olly. or with the senate, did not seem to
, him much to affect bill providing the sin
ows Of the existing war. Referring to the
charge made by Mr.. Chandler that the