Los Angeles herald., 1909-06-29
TARIFF TO GIVE
WAY TO DEBATE
ON INCOME TAX
SENATE CONCLUDES DISCUS
SION ON DUTIES
LEVY ON CORPORATIONS AND
PROFITS TO sE CONSIDERED
Greater Part Of Time Of solons Is
Taken Up with Consideration Of
Cotton 5asslng and
Cotton Ties
- Assa.Latef -

iournsd for the day to permit prepara-
tion for the corporation and income
tax debate which will begin tomorrow.
The early adjournment afforded the
tired senators a little mach-nesded
relaxation from long hours in the over
heated chamber.
Mr.. Aldrich told some OF his friends
he would take a few days off for a
water trip II Il develops that the in
come tax discussion IS not likely to be
extended, In this event Senator Flint
will take charge Of the bill and Senator
Root, who aided Attorney General
Wickershan IN drafting the corpora
ton tax amendment, VIII take charge
Of the measure.
postpouing the income tax and the
CORPORATION tax amendments until the
next regular session, but this has not
met with favor.
II is now expected only one vote
will intervene between the assembling
of the senate tomorrow and the taking
M Of these questions Of internal tax
alton. Senator Tlllman has pending
an amendment providing for tax Of
10 cents a pound on tea and IL IS sald
this provision will not lead to further
debate. No intimation has been given
of other amendments and the discuss
sion probably viii be shifted imme-
diately from the tariff to the Internal
reven1e.
cumrins 70 Open Income Tax Debate
II is understood the opening speech
will be made by Senator Cummlns OF
Iowa in support Of an Income tax
amendment as part Of the tariff bill In
contradiction to the movement for a
corporation tax and an independent
resolution looking to the insertion OF an
income tax through the medium OF
constitutional amendment.
Today'g proceedings consisted Of a
general clearing up Of the passed-over
provisions. Cotton bagging and cotton
ties and. incidentally. binding twine
occupied much Of the senate's time.
Early In the day Senator McLaurin
moved to place bagging on the free
list, and contrary to the general ez-
pectation the resolution prevailed.
The southern senators, however, were
not so fortunate with cotton ties, which
they also desired to have admitted free.
Senator Culberson proposed the charge
IN ties. He came within seven votes OF
winning. the vote standing 81 to 38.
The vote on duty on structural iron
and steel valued at more than nine
tenths Of a cent a pound was increased
from three tenths to four-teenths Of a
cont "a pound being an addition to the
house rate Of one-tenth OF n cent. The
rate on steel Of lower value was left
unchanged. On zinc in pigs there was
also an addition Of half a cent a pound
over the house rate Of 1 cent.
Intellectual efforts were made to have
school books. salt and Egyptian cotton
placed on the dutiable list. Senator
Bacon. who offered the amendment for
"a duty on cotton. said at the same
rates placed on wool, cotton would pro-
duce a revenue Of $4,000 900 a year He
proposed 4 cents q pound. Senator
Tillman also declared that by the adop-
tion Of his 10-cent rate on tea another
80, 900 900 could be added to the treas
ury receipts.
Made Slight Increase
The senate made slight increase In
the duty on structural iron and steel
when valued at more than nine tenths
of a cent a pound. A motion by Mr.
Stone TO put structural iron and steel
on the free list was voted down, as
was a motion by Mr.. Cummins to re-
duce the duty.
Before the schedules could be taken
up Mr.. Clapp gained the floor and with
a view to eliminating from the corpor-
alton tax amendment any authority by
which the corporations may own the
stock of other companies, introduced
modified form of the original text Of
the measure and Mr.. Culberson pro-
posed modification by which the in
formation gathered by the commits
sioner of internal revenue concerning
corporations shall at any time be avail
able 10 either the house or senate or
anv committee of either body.
Senator AIdrlch forced the taking Of
the schedules at the first moment.
Cotton Baggne Free
Cotton bagglng was the first item
10 be considered. Mr.. Aldrich accept
ed an amendment placing it on the free
list. The amendment was offered by
Senator McLaurin and covered bagging
for cotton. gunny cloth and similar
fabrics
1t has been expected that the south
ern senator's would demand much time
for the discussion of this question and
there is no doubt that IL he accom-
plishes nothing else the chairman of
the finance committee vastly expedited
the final disposal of the schedules when
he permitted the amendment to pre-
vail The amendment was agreed to
and IL was Immediately followed by
an agreement to the entire paragraph
which has included binding twine in
the free list.
The action by the senate will merely
have the effect of throwing the rate on
cotton bagging into conference. The
house bill levies a duty Of three-tenths
of one cent a pound on cotton ties
and the finance committee did not
change It,
Catgut, Too
Senator Culberson, however, an
nounced that before the bill was finally
acted on he would offer an amendment
placing cotton ties on the free list
The various articles known as catgut,
consolidated under the name of "ani-
NAL intestines," we're left on the free
list, amid laughter,
on motion of Mr.. Aldrich structural
Iron and steel when valued at less than
nine-tenths of a cent a pound were
assessed duty OF three -tenths OF one
cent a pound and when valued at more
than nine-tenths of cent duty Of
four-tenths of a cent a pound.
Intellectual efforts were made by Sem
ator stone to have structural iron and
steel and many products of steel
placed on the free list, and by Senator
Cummlns to slightly lower duties on
nearly all of the important products
of iron and steel.
duty Of w cents per pound on zinc
instead of one cent a pound as pro-