Evening star. [volume] (Washington, D.C.) 1854-1972, 1900-12-15
TIE TAXES
Reduction Of Revenue D scussod in
the House.
ACTION CT Yesterday REVERSED
Hay-Pauncefote Treaty in ExeCu-
tvs SESSION.
HAWAII'S NEW DELEGATE

Robert W. Wilcox. The delegate from 11a-
wall. was sworn ia iIlIn. dIateiy after the
approval of the Jo.IEat - tnc House or
Representatives, tyLay. A.f. W..cOX was es-
corted to t-- II tLe House py Mir.
Perea, the delegate f,y.n New Mexico Al
ter the oath ~a,,u been ,tGIn Mustered, many
membets came toI"a,d 10 congratulate Mr.
Wilcox.
The consideration Of the war revenue re-
duction bil WIS then resumed.
Mr. Cuderw ouu moved reduce the
amount Of propcr,y exempt under the in
heritance tax fIom $1,000 u $1,000.
MIR Payne Ii. cHdI5e OF the bill, said that
personally he Thought the inheritance tax
should not have gone III the original act,
as the states GENERALLY, especially The east
ern states, levied heavy inheritance
taxes, But If / was 10 remain, ne was OPP
posed Il reducing the exc .npt.cn 70 So,Vo
The amendment was los, =, - 81
Mr.. Powers Offered AN amendment pro-
yidlnS That the inheritance tax should not
lie levied on the - -dtes OF persons VINO
died prior to June l., 1SJS. He said the
ameudmcnt should be adopted to Clear up
and prevent false construction OF the IAN
euage of the present .aw. The amendment
was adopted. 81 to IS.
To Tax Rich Corporations.
Mr.. NewldHds offered a modification of
the amendment he presented yesterday. to
tax industrial corporations whose gross re-
ceiptS exceed $JItou one-twentieth of l
per cent upon such receipts, and requiring
such corporations to file complete state
ments to Their receipts. taxes, wages
paid. etc Ills purpose, he SAID, was to
reach the great aggregatons of wealth.
The real purpose Of this amendment Is
to apply an inqu-sition 10 corporations Is
il not demanded Mr.. Pearce tMo).
Its purpose" replied Mr.. Newlands, lis
both to raise revenue and to secure informa-
ton upon which to base regu.ative legisia-
ton
HAS the gentleman changed his mind
since he signed the report, saying the pend
ing bill would raise too much revenue?
asked Mr.. Payne.
My objection to the pending bill re-
sponded Mr.. Newlands. lis two-fold. 1t
raises too much revenue. and it does not
raise it from the proper sources.
Mr.. Grcsvenor (Ohio) opposed the amend
mont. lie expressed the hope that the
House would not attempt to make inroads
upon industrial corporations without in
ytEtigation by the proper committee of the
House. Why attack industrial corpora
TORS?
III you Will frame an amendment that
viii reach every corporation or every in
come will vote for it," observed MIR. New
l8rd~ amid applause.
MIR Grosvenor said he might favor
ircsme tax if II were constitutional. but
~ said it futile TO discuss an income
tan after the decision Of the Supreme
Court.
Mr. Sulzer On. " supported the New
lands amendment. He was in favor of
eAcnlptirg consumption and compelling the
biz corporations to bear their share of tax
burdens. He favored a graduated corpora
ti8r tax.
The amendment was lost-7o to 105.
Tax on Tea.
Mr.. Fitzgerald (Mass) moved TO strike
out the tax of ten cents a pound on tea.
He characterized the tax as unjust and ex-
tortonate. and appealed to the members to
supper, the amendment in the interest Of
the breakfast table and the - o'clock
tea.
MIR Payne opposed the amendment. The
lax on tea he said, raised about 100000
OF revenue and for ten years had been.
asked for by the tea trade. Some of the
In porters who had large supply of tea In
bond. he said. were naturally in favor OF
repeating the tax.
MIR Glenn tN.Y) made witty speech in
favor Of the amendment. 1t was defeated
30 to 76.
After the bill had been read Mr.. Levy
On " offered a substitute for the bin
a bill fixing the tax on beer at $50 per
barrel . cents upon tobacco and snuff and
repeating all the other sections OF the war
revenue act. The substitute was defeated
without division.
After the bill had been reported to the
House. Mr.. Payne demanded separate
vote the Smith amendment placing
tax Of cent on each express package.
Mr. Underwood (Ala-) demanded a sep
arate vote on the Powers Inheritance tax
amendment, which specifically exempted
the estates OF persons who died prior to
jun Il, 1888.
Yesterdays Action Reversed.
On an aye and nay vote the House re-
versed the action yesterday of the commit
tee Of the whole and defeated the Smith
express receipt tax amendment 10 To 1873.
Reduction Bill Passed.
The war revenue reduction bill has pass
ed the house.
THE SENATE.