Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1898-05-27

ing tax of one half of / per cent. up
on certain large corporations.
Mr. Teller dwelt largely upon the
proposition to levy an income tax. He
had not concluded his argument when
the hill was laid aside in order that
eulogics might be pronounced upon the
late Senator Walthal of Mississippi
In the Senate the war revenue meas
ure was taken up.
White. Cal. then began an extended
speech covering pretty fully the gen
cral features of the bill especially
those relating to the tax on corpora
tions and on inheritances. The cousid-
GRAFTON of the bill, he said, had enlisted
the attention of the country and many
people were becoming restless because
a final vote had not been reached.
He thought however, that the delay
was due to the regularity of the pend
ing measure. The revenue bill upon
which the Civil War was conducted
was Il complicated instrument utterly
inapplicablc to present conditions.
The object of the bill challenged the
attention and the support Of every
member of both branches of Congress-
All are united to present a solid front
to the foreign foe. 1t was no longer
a question of doubt that all the money
necessary for the prosecution Of the
war would be supplied. 1t was slmp-
~ the method OF raising funds that
was under debate here.
Great as this nation is" said White
mighty as are her resources, this
country is not now prepared to place
before an opponent its full strength
and all the material of war residing
in its bosom. But in time 0elnd not a
very long time either it would be
ready to put forth its entire strength
and then this conflict win be decided
Speedily
White regarded it as unfortunate
that 50 heavy a tax should have been
placed upon tobacco. because by some
it was considered 4 luxury. He main
tanned that the placing by the House
of Representatives third IF the tax
to be raised upon beer, one-third upon
tobacco ana onc-third on stamps was
- " ~ '''ti''''' "'iJ "a,
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