Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-06-17

of the evils which have aroused the
public to- the necessity of reform was
made possible 10y the use of this very
faculty. If now by a perfectly legiti-
mate and effect i've system of taxation
we are incident ally able to possess the
government ar ID the stockholders and
the public of tine knowledge of the real
business tram sactions and the gains
and profits of every corporation In the
country, we rhave made long step
toward that Supervisory control of cor
porations viii eh may prevent further
abuse OF pow Ter.
recOmme nd therefore first, the
a loption of a 1oint resolution by two
thirds of both, houses, proposing to
the states an amerdment to the con-
stitution grantin to the Federal gov
eminent the righ hit to levy and collect
an income tax without apportionm fnt
among the states according to poprala-
ton: and secoRl, the enactment. as
part of the pending revenue measure.
either as a sub or. or in addition to.
the inheritance ta1: of an excise tax up
on all corporations, measured by two
per cent. of their net income.
(Signed)
wv III. IAr
The White House, June 16. 1909.
J1pon the completion of the reading
of the Presidents message Senator
Gore moved to refer it to the commit
tee on finance with instructions to re-
port by next Friday resolution for an
income tax in accordance with the
Presidents recommendation. Senator
nj, rnd Tn Ia ft,o
motion on the table and an aye and
nay vote was ordered on that motion.
Mr.. Aldrich's motion to lay Senator
Cores motion on the table was car
ried 81 to 25, strict party vote.
Mr.. Root in the chair had already
made the customary reference of the
document to the committee and Mr..
Hepburn. who had held the floor when
the message was read. had then at
tempted to resume his speech which
was on another subject. 1t was then
Mr.. Gore interrupted with his motion.
A wrangle upon the parliamentary
right of Mr.. Gore to make such a mo-
ton under the circumstances was
solved by Mr. Root, who sustained the
oklahoma senator.
In the discussion Mr.. Bailey said he
would not vote for the amendment as
offered and that he would insist upon
a graduated income tax when it came
to adopt the proposed resolution. eve
will give senators on the other side
more than they bargained for in this
matter" said he, significantly.
On the carriage of the Aldrich mo-
ton to table the Gore motion the Chair
announced that his original reference
of the message to the finance commit
tee would prevail. President Taft is
greatly gratified over the situation
which called out his message and be-
lieves that the prospects for a real re-
vision of the tariff downward are
brighter today than they ever have
been. 1t is the consensus of opinion
that Mr. Taft has been assured of ma
terial reductions during the considera-
ton of the House and Senate measures
in conference The President also feels
that the end of the fight has been has
tened and is again hopeful that he will
be able to leave Washington for the
summer on the afternoon of July 4.
Root in the chair had already made
the customary reference of the docu
ment to the committee on finance, and
Hepburn secured the floor and began
speech on another subject. 1t was
then Gore interrupted with his mo-
ton. A wrangle upon the parliamentary
right of Mr.. Gore to make such a mo-
ton under the circumstances, was
solved by Root, who sustained the Ok
lahoma senator.
In the discussion Bailey said he would
not vote for the amendment as offered
and that he would insist, upon grad
uated income tax when it came to
adopt the proposed resolution. I'VE
will give senators on the other side
more than they bargain for in this
matter" said he SCIENTIFICALLY.
On the carriage of the Aldrich mo-
ton to table the Gore motion, the Chair
announced that his original reference
of the message to the finance commit
tee would prevail.
President Taft is greatly gratified
over the situation which called out his
message and believes that the prospects
for real revision of the tariff down.
ward are brighter today than they ever
have been. 1t is the consensus of Opin-
ion that Mr.. Taft has been assured of
material reductions during the consid
Grafton of the House and Senate meas
ures In conference. The President also
feels that the end of the fight has been
FASTENED and is again hopeful that he
vii be able to leave Washington for
the summer on the afternoon of July 4.
POSITION UNCHANGED.