The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-06-02
TWO BIG TRUSTS TO BE TAXED.
SENATE AFTER SUGAR AND STAND.
ARD OIL.

The Levy to Be One Fourth of One
Per Cent on Their Gross Income.
The Proposition in the Nature of
an Amendment to the Revenue
Bill and Adopted by a Vote of 80
Ayes to 90 Nays-PropOsit for a
General Tax ON All Corporations
Rejected.
Washington, June 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 nearly reached the prlnci-
pal questions at issue between the con-
tending parties.
These remaining questions have already
been discussed pretty thoroughly and
aside from a few set speeches yet to be de-
livered, Will not arouse probably more
than desuitory debate
The interest of the session centered in
the action taken upon the amendment of
Mr.. German, Dem, of Maryland, levying
tax of one-quarter of l per cent. upon
the gross receipts of all corporations doing
a business exceeding $25O,OOO a year BY
direct vote upon it the amendment was re-
jected by vote Of q to "a, as follows:
Yeas-Messrs. Bacon, Bate, Berry, But
Ter. Cannon, Cockrell, Daniel Faulkner,
German, Gray, Harris, Jones of Arkansas,
Kyle, .McLaurln, Mallory, Martin, Murphy,
Nelson, Pasco. Perkins, Roach, Stewart,
Sullivan, Tillman. Turley, Turpie and
White-27
Nays-Messrs. Aldrich, Allison, Baker,
Burrows, Caffery, Carter Chandler, Clark
Cullom, Davis, Deboe, Fairbanks, Fora
ker, Frye, Gallinger, Gear Hale, Hanna,
Hansbrough, Hawley Lindsay, McEnery
Mcmillan, Mantle, Mitchell, Pettigrew,
Platt of Connecticut, Pritchard Proctor
Sewel, Shoup, Spooner, Wetmore and
Wolcott-34
offered the German amendment, with the
clause containing the $25O,OO0 exemption
stricken out, but it was defeated by a vote
of % to 81.
Mr.. White, Dem, of California, then pro
posed the German amendment so modified
that it levies a tax of one-quarter of l
per cent. upon all corporations engaged in
the refining of sugar or petroleum. The
California senator explained that he de-
sired to see a tax levied on the American
Sugar Trust and the Standard Oil Com
pany.
The amendment prevailed by a vote of
80 to 26. 1t was supported by twenty-five
Democrats, four Republicans, five Popu-
lists and two Silver Republicans and OPP
posed by twenty-four Republicans and two
Democrats.
The vote was a follows:
Yeas-Messrs. Bacon, Baker, Bate. Rer-
ry, Butler, Cannon, Carter, Chiffon, Cock
rel, Cullom, Daniel, Faulkner, German.
Gray, Harris, Jones of Arkansas, Kyle
Lindsay, Mallory, Mantle Martin Mitch
ell Murphy, Pasco Perkins, Pettigrew
Roach, Stewart Sullivan, Tillman, Tur-
ley Turpie and Whites.
Nays-AIessrs. Aldrich, Allison, Burrows
Caffery Chandler, Clark, Davis, Deboe
Fairbanks, Foraker Frye, Gallinger
Gear, Hale, Hanna. Hansborough Hawiey
McEnery, Mcmillan. Nelson. Plat Of Con-
necticut Proctor, Sewell, Shoup, Spooner
and Wetmore-26.
Speeches were made to-day by Mr.
Chandler, Rep, of New Hampshire. Mr.
Hoar, Rep, of Massa chusetts, and Mr.
Bate, Dem, of Tennessee. Mr. Chandler
devoted almost his entire time to discus
sion of the financial question, advocating
the issue of bonds and the coinage of the
silver seigniorage and opposing the issue
of legal tender notes.
Mr.. Hoar attacked some of the state
ments made by Mr.. Chandler
Mr.. Bate dealt with the general provjs-
ions of the bill from a Democratic stand
point.
At 610 the Senate went into executive
session and soon afterward adjourned.