The Waxahachie daily light. [volume] (Waxahachie, Tex.) 1894-current, 1909-04-30

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oi HH rhtaatee have eemt tfHm w..
pufltsn SENATORS vhoN trtnta tor
parts tfslee j. at reod ~ bat ~
ant ui ihoee phu hhtt had psft iu
mhhinr tbr mil nud fhtNe afeeti
thHt b. viii bflnr relief neither 10
ih. ruHsamtt. fBxpa wiih lhr hirh
rnu Of Twins naf % Tho national
+ tteneutv ufy much iu need of %
substantial increase ~ tsyenueN
uui oi hr mass If neurt that
have been made un HE subject We
are adt ised that She present tsrin
known as the niuplef iaw. catries
an average iafe of duty NJ 45 per
cent. aud fbe largest amount VI rev
cnuc 81 has produced IN one year
MAS s33z.238.a62. IN 1895. The av.
prare rate of duty proposed bv the
bin nov pending In The senate Is os.
I tlmated ~ tf77 per cent, aud the
/ estimated annual revenues $3.50
|ob2.679. With higher rate OF duty
there ia an estimated increase Of
only s6,S19.3tT IN the revenues.
senator Aldrich. the very able chair
man Of the senate finance commit
tee, having the bill in charge, in
sists that the increase in revenues
viii be much larger than that, and
quite sufficient for the economical
requirements of the government, but
Others. who have carefully analyzed
the bill, do not arrive at the same
conclusion. Senator Aldrich himself
\ dhHiitS lnhl Ills Iidli lVi VI lliEilfE INV
revenues and expenses of the govern
ment together includes a decrease
of not less than S35.000,000 in the
annual expenditures; but it is ex-
pected. chat some difficulty will be
encountered in achieving that de-
crease. the tendency being much
stronger towards enlarged expendi-
lures
Senator Aldrichs opening speech,
+ in presenting the tariff bill; 1t has
been shrewdly said, was really an
argument against the necessity for
the imposition of an income tax, and
around this question one of the
warmest contests of the present eX-
ira session via be fought. Senator
Bailey and Senator Cummins have
each introduced an amendment
providing for such a tax. and will
take leading parts in urging its
adoption Senator Bailey has with
him every democratic members Of
the senate and Senator Cumn Ia
has the active support OF number
of republicans, who, like himsel' !
come from the west 1t Is understood |
that President TAFT himself would |
favor an income tax, II the new tar |
in bill should fail to produce snf- |
hcient revenue to meet the expenses |
of the government. and there are re- |
publicans in each branch of congress |
who viii also support 1t under snch |
These, however, viii !
withhold their votes for the present |
and depend upon Senator Aldrchp
assurance that the revised ~
produce an abundant reyer
tor Cummins and his
agree with the democrats IN So n
were better to impose th*.,vcN, \,
tax now and further re NJ ~ I.
tariff since II is n tax on ,,n ,
while the tariff is always ,av an
consumption, measured by tla neces-
stiles OF the people. /,
The fact that out OF fourteen 7,
schedules In the pending bll, nine
OF them show increases Over the |,
average rate In the existing tarir.
and that the rate is decreased In but
three, while two are maiitainei AZ
the present rate. making altogether
an actual net increaW of 3,S2 per
cent in the entire measure over the
nIInnk Irnm nnnN mn NINA Anmn of .