The sun., 1900-12-16
THE WARTAX BILL PASSED.
.S AwsNDMEST TO TAX fSDUSTHfAL
CORPORATIONS DFFEAfKD'


Receipts stricken out -fehh"" ApP'"
pristion mn Passed In fifteen h'nutss'
V.suiSaToy. Doc 10 The House to-day
ln nConinittee Of the whole. resumed oonsidcra-
'on OF the bin for war revenue reduction
MIR Underwood Dem. Ala moved to re-
duce the minimum Of exemption from tho
legacy or succession tax from $4,000 70 sS'ooo
Ihs amendmenS was lost-+j @ 81.
Mr. NeglanIs tsuverito. New offered as
an independent section n proposition To tAr
Industrial corporations whose gross receipts
exceed 500. 600 annually one twentieth oi ono
per cent Of the excess over that sum. and
10 require them to make full returns of tho
detail. Of their business to the Commissioner
Of Internal Revenue lie said IL was intended
not so much for rovenueas to secure publicity
ot their operations
Gen Grosvencr Rep. OHIO legged ths
House not t. make war upon the Industries
of the county The gentleman from Nevada
said Den Grosvcaor. proposed To- tax indus
trial corporations
Apparently he saw no necessity for Imposing
his tax on monopolsto traction companies
Mr. Newlands was on his feet like shot,
shaking his hand at Grosvenor and shouting:
-Sine-tenths Of all have is Invested In cor
porstion. And II the gentleman will frame
a tar bill TO reach all corporations or an
OF the country. will gladly vote for t.. lAp-
plauss.l
Gen. Grosvsnor said that the pending bul
was a measure 10 reduce revenue. and schsmss
70 provide new taxes or to regulate industries
had no place In It.
After further debate. the amendment was
rejeoted-o9 to io5.
MIR. Fitzgerald Dem. MassJ moved to
take OF the taI on tea Lost. IS tot
A substitute for the bill was proposed BY
Mr Levy Dem. n. ". maxi ing a total re-
duction Of Ses. .ooo, 900.
The substitute was rejected without
division and the committee then rose.
separate vote was demanded by Mr.. Payne
upon the amendment agreed 70 by the Com
mistee OF the Whole yesterday. providing
Q tax Of one cent on steamboat and railroad
bils Of lading and express receipts. to be
paid by the companies upon monthly state
msuts Of business reported TO the Commits
sionsr Of Internal Revenue.
On a yea and nay vote the House rejected
the amendment. i2o to 1880
Mr. Richardson dem. TENN moved 70
reoommit the bill with instructions TO the
Committee on Ways and Means TO report BILL
reducing the revenues under the War Revenue
Act al least the sum Of seventy millions OF dol
lars-the taxes remaining TO 9e 50 apporuoned
as 10 more equally and Justly distribute the
most nearly the necessaries Of life and which
ter most generally into consumption. The
committee will also include In the bill a pro-
vision so framed as to accomplish the Just
ends OF an income tax and yet escape the
decision OF the Supreme Court OF the United
States In the cases growing out OF the Wilson
TariI law"
Ihe motion TO commit was defeated-i9i to
1855 The bill was then passed.
IL was ordered that private pension bills
be in order on Monday next, after matters
under suspension of the rules have been dis
posed Of.
House went into Committee Of the Whole
TO consider the General Pension Approprt-
alton bill. He said that In every respect the
bill was an exact COPY OF the law for the cur
rent year, carving a total OF sl+5.245, 800.
In view OF the probable increase OF pensions
arising out OF the spanish war, the committee
had decided 70 appropriate the sum carried
In the present law, although small surplus
was expected az the end Of the current year.
Answering questions bv several members
MIR Barnev said that the pension roll for
tho Civil War was decreasing. and that the
Commissioner estimated that that decrease
would be about counterbalanced bv the Issue
OF Spanish war pensions.
The bill was read without further discussion:
no amendment was proposed: the committee
rose and the bill was reported TO the House
and passed in Just f1itesn minutes. The
House then adjourned until Mondav.