Evening star., 1909-06-15
TAFT PLAN ADOPTED
Senate to Vote on Taxing
Corporation Earnings.
lis FAVORED BY COMMITTEE
President Confident Tax Will Be In
dorsed by the People.
WILL OPEN BOOKS TO PUBLIC
Subject Discussed at Today's Meet
ing of the Cabinet-No Dead
Letter Law Wanted.
WILL OPEN BOOKS TO PUBLIC

President Taft was told today that his
plan OF taxing the undistrbuted net
earnings of corporations will be adopted
by the Senate committee on finance and
put before the Senate for a vote. The
information was pleasing to the Presi-
dent, who is the originator of the prop
osition and who has confidence that the
tax will be we'll received by the people
of the country.
Western senators. like Senator Bourne,
who have long followed the leadership
Of exPresident Roosevelt in demanding
publicity for the business of corporations
look upon the success of the President s
plan with undisguised satisfaction, al
though some of the radicals In the Sen
ate are disappointed. because they fear
that it's being put through will foil the
efforts for an income tax law Senator
Bourne declares that this special tax will
give the United States access to the
DOCKS or every corporation. and will
open these books to the publicity that
is so necessary for the control of the
big ombinations of the country.
Two senators with the President today
were Crane of Massachusetts, a member
of the Senate finance committee. and
Bourne of Oregon. Senator Aldrich was
with the President yesterday afternoon.
This plan Of the President is going to
be the working out of a great benefit in
the publicity 1t will give to the business
of the big corporations. said Senator
Bourne, land. in my opinion. will prove
the biggest piece of legislation put on the
statute books of the country in years
1t Is taken for granted by those inter
ested that Congress will not adopt tax
of this kind without giving the govern
ment the right to go into the business of
the corporations to see If the government
is being deceived.
President Deeply Interested.
The Presidents interest in. the PROPOSE
ton is growing, and he will keep close
track of the work of Congress in this
connection from now on. Intimations
that the proposition may be so framed
as to practically amount to dead letter
will be watched most carefully at the
White House.
The interest from now on will center, it
is strongly intimated. not so much i'll the
actual tax imposed as in the wording of
the law, so that the government will not
be imposed upon and so that it will be
able to have access to the books of the
The subject was discussed at the cab
met meeting today, the President outlin-
ing his views and taking up with the
Secretary of the Treasury and head of the
Department of Commerce and Labor the
probable income from the measure based
upon different taxes from one-tenth of !
per cent upward. The cabinet rule of
leaving TO the White House the giving out
of anything discussed prevented the Pres
idents advisers from discussing the mat
ter.
The Virginia Invitation.
Senator Daniel. who visited the Presi-
dent today, again spoke of the invitation
to the President. to attend the annual
Hic1,c i'm,
Shenandoah county. The President said
that if he could find it possible he would
attend, but that the uncertainty of adj
journment is keeping him from accepting
invitations to functions around the first
to the middle of July and even later. The
President has been told from good au
thority that it will be possible for him
to count on getting away from Washing
ton the night of the Sd of July, and that
the tariff bill will be in his hands by
that time; but others, equally well in
Fishers Hill gathering will be held some
time between the 18th of July and 10Th
of August, the date depending upon the
wishes of the President.
President Taft played golf in the pour
ing rain Yesterday afternoon. refusing to
stop the pastime on account of the young
food Senator Bourne of Oregon and
Capt A. w Butt defeated President Taft
and Gen. Clarence Edwards.
Cables Sympathy to Brazil.
The President has sent the following
cable message of coincidence over the
death of President Penna of Brazil:
"Excellency Milo Pecanha, Vice President,
Rio de Janeiro
I'm the name of my countrymen. and in
my own, / offer heartfelt coincidence TO
the stricken family and to the Brazilian
people in their great personal and ma
tional bereavement.
civilian III. TAFT