Evening journal., 1909-06-09
END OF TARIFF
DEBATE NEAR
AIdriCh Thinks Vote Will be
Taken Within Two
Weeks
TALK ABOUT A VETO
REGARDED AS FOOLISH
ey UnIted Press LeaaeA sneolal ruir.

BY United Press Leased Special Wire
WASHINGTON, June 9.-Senator AID
rich believes that the end Of the tariff de-
bate in the Senate Is in sight He thinks
that within the next two weeks II will be
possible TO take the vote on the completed
BILL that Il Will remain in conference a
comparatively short time, and that 1t will
be sent to the President for his signature
by the end Of the month, SO that con-
gress can adjourn by the first OF July.
All the talk about the possibility Of the
veto OF the bill by President Taft is re-
sarded by leading senator's and members
OF the house as foolish. There will be no
occasion for the President TO take any
such action because the bin will have
been framed to suit him before It Is SUBJ
mitted to him for his signature.
President Taft will be really an ex-of-
ficio member OF the conferences commits
tee. which will put the final touches upon
the measure. AS related in these tispatch-
es some time ago, an agreement has been
reached, that IN case OF conflict between
the representatives OF the House and
Senate over rates, the dispute is to be re-
ferred TO the President for settlement. He
VIII be the final referee in the great con-
test. Forgetfulness. or ignorance OF this
important fact Is the only excuse for the
solemn declaration IN some newspapers
that the President viii veto the tariff bill
unless It shall be altered from its present
shape.
Consulting Taft.
The President has been freely consulted
by the Senate leaders In every phase OF
the measure, since It has been under con-
sideration IN the Senate. Senator Aldrich,
chairman OF the finance committee. has
been a frequent visitor at the White
House although some OF his trips have not
been heralded He was there yesterday
and because he entered at the front door
Of the mansion, instead OF going TO the Of
flee building In order 70 see the President,
there has been an effort to make mucrt
mystery about IT, Mr.. Aldrich is an ex-
tremely busy man these days. and the
only reason for his mysterious entrance
TO tho White House was his desire and
that of the President TO save time by
avoiding the Interruptions likely TO occur
II the interview had been held IN the pub
lie offices.
Tax on Corporations.
The occasion wor the visit yesterday was
TO submit 10 the President an amendment
TO the tarin bill which Mr.. Aldrich pur-
poses TO offer. to assess a small tax on the
dividends Of corporations. This. II is ex-
pected will be two per cent head and is
intended to realize about 81. 100000 in reve-
nue.
It Is proposed that this tax shall take
the place OF both the income and inheri-
tance tax ideas Neither the President
nor the Republican leaders believe. es-
pecialy in face Of an adverse decision OF
the Supreme Court that it is desirable to
assess tax on incomes unless Il Is abso-
lutely necessary to raise revenues. The
President has favored a Federal inheri-
tance tax, but has been impressed with
the argument that 26 states already inn
pose such tax and that that source OF
recenue should be left to the Statos.
II is understood that the President re-
ceived Senator Aldrchs proposition fav-
orably.