The Barre daily times. (Barre, Vt.) 1897-1959, 1909-07-03
Revision Downward May Yet
be Accomplished
THE PRESIDENT FORCED
The Senate to Tax corporations--He OPP
poses Limit Proposed by Aldrich.
The New Law His Wedge for
Larger Federal Control

Washington, July s.--Wben Taft
was told that II was for him to say
whether the corporation tax should b
enacted at this session, he said em-
phatieally that he wanted the legisla-
ton put through at once. And he also
said emphaticaliy that the AIdrieh view
that the tax win be repealed within
two years Is not his view. As step
toward a governmental policy Of super
vision and control Of corporations he
wants the legislation to remain on the
statute books. With this sort OF nn-
official message from the president the
Republicans In Senate and House made
up their minds finally to abandon all
Lope OF obtaining an agreement under
which the whole subject of special tax
alton could be put over until next year.
Yesterday the leaders were working
together to get rid Of the whole dis
tasteful subject Just as soon IS pos
sible. The Arm stand OF the president
has checked the talk about both the cor
poration tax and the inheritance tax
being dropped In conference 1t Is now
conceded by ell that unless The presi-
dent should weaken in his deternnna.
ton 90 have the corporation tax, the
conference committee will drop the In.
heritance tax and unanimously agree to
the corporation tax. Downward revis-
lonisls we're expressing the hope yester-
day that the president will display IS
much courage with reference To the
rates a. he has shown in handling the
corporation tax proposition. His brief
uttemnces &C New Haven encourages
them 70 believe that be can be counted
on. As has been pointed out in these
dispatches many Of the highest duties
are permanently hxed-~the Senate snd
House having agreed upon them. But
there Il still a good opportunity for the
president to say, as be has said OF tho
corporation tax, you must Dc it, If
he should accomplish all that ii Is pos
sible for him to 40, the tariff law would
not be much Of an Improvement Gvsy the
present Dingley law.
Mr.. Taft II as much interested Ia Tie
rates as be Is il the corporation tax
he has said as much to senators and
representa- tivcs within the last twenty
tHNf N9HfHs come ei HsH eHHtEFs nave
left him firmly convinced that # the
conference committee should fail to
scale down the duties he would veto Tile
bill. The president sees as we'll as any.
one else the uncomfortable position in
which the party will be left II the du
ties remain where the Aldrich Payne
bill places them. The finance commit
tee often has commanded votes for ii.
creased duties on manufactures On tie
revenue plea, while arguments fer the
customs court Of appeals and the Am.
eriean valuation clauses have been Dol
stored up by it The Democrats, too,
have defended their peculiar votes Ii
favor Of duties on raw materials on the
ground THAT the revenues were needed
A chief argument against free lumber,
coal. iron and hides has been that they
would not affect prices 70 the consumer,
while the government would lose the
revenue,
To come IN here with tax raising
fifty millions a year and 1t tia same
time retain needless duties IL the bin
for alleged revenue reasons would be
tempting the heights Of political folly.
The supreme test 81 the president
hrmness and wisdom Is yet to come