Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1901-02-25
AGREE ON A TAX Bill
House and Senate Conferees Get
Together ON Revenue Re.
duction Bill.
The House Measure Adopted as
the Basis Of Final Agree.
ment.
Expected That the Committee
Will Be Ready to Report
Tuesday.

Washington. Feb 25. virtual
agreement has been reached by the sem
ate and house conferees on war tax re-
8duction The republican members of
the conference met Sunday and there
is now pretty clear outline of what
they will report. The democratic mem-
beers were not invited to Sundays meet
ing, but Will be asked in when a major
lily of the conferees are ready to present
a bill as agreed upon: the democrats
may complain or commend, and it will
make little difference.
Every republican member of the con-
ference is under bond of secrecy. and it
is difficult to learn the nature of their
conclusions. There is some authority
for ssa wing, however, that the house bill
is being used az the basis for the con-
ference agreemnt \ prominent menu
Der of the house avs, and means com
nlittee said tonight that he had been
50 Informed by one of the confereeN
The senate, he added, will yield to
the house conferees on the reduction on
beer; tlles made a further cut. it will
be remembered, and 10 this the house
members made strenous objections. The
result has been that the house has Won,
and the tax willb Virtually as our bill
put 1t.
The same can be said of the tax on
hank checks and drafts which the
house removed and the senate restored
in part. The senate yielda3to the house
AMI repeats this tax. which fact Will he
of great Interest 10 bankers in all parts
of the country. The senate is also in
sclined to give I'M on the tax on legal in
siruments, and this is another conces-
sion to he house On proprietary medi-
sciies my information is that the senate
conterees agree To repeal this tax al
together, which MAS done by the house.
The greatest trouble has been over
The tobacco tax. The senate reduced
This SO considerably and its conferees
hung TO their stand so desperately that
fore time it looked as If there would be
no War tax reduction at this session Of
5congress. But now i hear that an en-
TREY new schedule is to be made out,
and that the two houses VIII be able TO
agree. The new schedule Will change
the objectionable feature OF reduced
sizes If packages and instead Of a re-
sduetion Of II to cents a pound, as the
senate had 1T, the conference probably
ssill report a new reduction Of cents
instead of s, which would make the tax
10 cents.
The house will make some conces-
Isions one OF thesmost important will be
under the head Of insurance, the tax OIL
hieh the honse removed entirely. lii.
fsenate viii yieid, =
senator Jones and Representative
IslSiehardson. Who are Democratic men-
hers of the conferences are in favor Of
1.-THE senate bill as it stands 1t is said
They will not object 10 the changes be-
ling made by I II republican members Of
the conference committee. as these
l.changes Will NOT be so great as TO ma
terially alter the general features OF the
bill
The idea nov is to make the total re-
sduction between s35.000,o00 and 100000
900 and it is said that the conference
] viii report a bin 10 this effect The
l.oonferees viii report either today or
\ Tuesday, probably Tuesday, fur there
ere a number Of questions still to be
settled, tho the most important-thos
Ion beer and tobacco-have been all but
settled.