Daily press. [volume] (Newport News, Va.) 1896-current, 1909-07-09


with the action. of the committee. but
realizing that any EFFORT TO change
the result would prove futile. both de-
cided to waste little time In that d.
rection.
The uncompieted corporation tax
provision was the first subject of the
days consideration. Senator Daniel
spoke In defense Of his amendment
leaving a tax OF one quarter of one
per cent on the gross receipts of cor
porations having a capital stock OF
more than 100000.
Mr.. Bacon suggested that he make
his plans apply also to corporations
with gross receipts OF more than $780,
GOO annually q
All Amendments Tabled.
Mr.. Bacon offered his amendment
as an amendment TO the proposition
made by Mr. Daniel. but both amend
ments were Laid on the table.
Other amendments TO the CORPORA
ton tax amendment were quickly dis
posed of in the same way. The cor
pOration anne ndment as perfected by
t.. committee then was agreed TO and
MIR. Aldrich announced that with the
of the tobacco tax the bill was per-
fected SO far as committee amend
ments were concerned.
Mr.. Bacon, for his colleague, Mr..
Clay, offered an amendment to the bill
providing for special tax and for
the regulation of sales upon stock eN-
changes and insisted upon. strict
adherence to parliamentary rules In
disposing of it.
1T is apparent said Mr.. Bacon III
ter several clashes with the Rhode
Island senator. that here are certain
senators who by reason of their reia-
tons TO the majority assume to nave
greater rights than other senator's on
this floor"
At the first opportunity Mr.. Aldrich
moved to lay the amendment on the
table. which was done.
The tobacco tax amendment was
laid before the Senate after the dis
posal of the other measures. Mr..
Martin protested against il as carry
ing a large increase of taxation on
the tobacco industry.
Tax Upon Laboring Class.
This" said MIR. Simmons, of North
Carolina, referring CT the increased
tobacco tax, lis a direct tax upon the
laboring class who actually consume
ninety per cent of all chewing tobacco
and snuff
After Mr.. Simmons had concluded
Mr.. Aldr.ch called for vote on the
tobacco amendment. but Mr.. Bailey
said that MIR. Daniel, who mad iOeen
called from the chamber, desired 10
speak. In the few moments Mr.. Bailey
occupied the floor ne referred 10 the
time when Mr.. Aldrich had led the
movement which resulted in the re-
peal of the war revenue tax on tobae-
co, while he was not trying to raise
the tobacco tax.
But you may go on" continued Mr..
Bailey, multiplying burdens upon the
people, until their righteous wrath,
drive you out. You fail to lay any
tax on the incomes of the rich and
tAdtt NiiDutt rum the pOOt W ~-o
Their tobacco"
Daniel Fights in Vain.
At this point Mr.. Daniel returned
He spoke at length against the tobac-
CO amendment Mr.. Daniel gave nO-
tice that he would move 10 amend the
finance committees provision by str.k-
ing cut the proposed eight cents on
tobacco and snuff and retain the ex-
listing six cents tax. The amendment
was lost
The committee tax amendment was
then agreed to.
Senator Bradley's amendment to re-
move the six cents a pound on leaf
tobacco was agreed 20.
Senator Curtis. of Kansas, proposed
an amendmen nj providing for a coun-
tervailing duty on crude oil frcm any
country imposing a duty on American
oil, such duty to be one half of the
duty levied On American Oil II was
adopted by - to 81.
sf33.ooo,ooo to Standard OIL.
Opposing the amendment. Mr. b.
con had read a commun cation which
declared that while oil had been on
TIE free list. the countervaiiing duty
placed uccn in constituted "A joker,
that really gave 4 q high rate OF pro
secticn. This. Il was declared. Rad
brought into the treasury OF the stan
dsrd Oil Company IL twelve years an
aggregate OF Siss.00o.000.
An amendment BY Mr. Newlands.
creating . tariff commission. was laid
on the table.
Advocating the placing CT crude
asphaItum On the free list. Mr. Burton
said such action would reduce from
Eve 20 Gftecn pr cent the cost o.
asphalt paving.
Mr. Bailey moved 20 amend the pro