Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1909-06-22
INCOME TAX BILL
MEETS WITH DELAY
Crowded Galleries and Interested
Senators Were Disappointed On
Saturday Morning at Another
Postponement.


pointment of crowded galleries and many
senators on the democratic side, the
Bailey Cummins' income tax amendment
set by agreement yesterday for considera-
ton this morning, was deferred for future
consideration.
The consent was somewhat mutual.
Bailey said IL the same progress was
made by the democrats for the next week
rs had been made in the week just passed
that Senator Aldrich would be alone in
opposing a tax assessing corporations and
individuals alike.
The agreement Is that as soon as the
free list is disposed of in the senate all
amendments to the tariff bill looking to-
ward an income tax shall come up and
remain on the calendar undisturbed until
disposed of.
Just when the free list is to be got out
of the way is problematical. Some say
August /. others September /. still others
say July Is. Aldrich himself is in despair
about getting away from here until mid
summer.
With the income tax feature tempo
rarily out Of the way the hide schedule
was taken up this morning, bringing forth
set speeches by Clapp of Minnesota, and
Lodge of Massachusetts,. Both advocated
free hides, declaring the American manu-
facturers were better able now to compete
in the production of shoes, harness, etc,
with foreign countries InSn ever DeIOIC III
the history Of the country.
In the ranks of the Republicans there Is
, wide division as to the ACCESSIBILITY Of re-
moving the tariff. The house bill places
hides on the free list and Ii is said by
such leaders as Cannon, DalZeH and
Payne that there will be no compromise.
But Aldrich wishes an ad valorem of Is
per cent. The prospects are that the SEN
ate will agree to such rate. Then In
conference, the understanding seems to be
that there will be compromise and that
the law will be Z H.
The free hide people are here I'm droves.
Such a campaign as they have made Tor
the past three months is almost unpre-
/ cedented in the history Of Washington.
Today a great delegation from Pennsyl-
vania arrived to use their influence with
Penrose, who I'D to two days ago, was
an advocate OF free hides, but who has
Joined the protectionists. II the senate
is able to dispose of this article within
the next week, II will be doing that
which few believe.
Beveridge made savage attack upon
the National Cash Register company In
connection with an amendment he had
offered, reducing the advalorem duty or
cash registers from 30 per cent to the 10
per cent. The present rate Is 45 per
cent.
Beveridge denounced that corporation as
trust which mercllessly attacked rivals
and drove them out Of business, and now
enjoys a practical monopoly. He de-
clared the people of the United States
paid 5000 600 a year more to the same
firm for the same number and style OF
machines than the English people paid.
He submitted list of comparative prices
showing machines were sold in England
for half the price charged in the United
States.
MATTER rs POSTPONED.
Senators Burton and Dick came to the
defense of the company. which is an Ohio
corporation. Both protested against the
senate taking any action until the con-
Germ had an opportunity to be heard.
Finally an agreement was reached by
which the matter went over. with Bev-
eridges amendment pending.
In the course of the argument Bever-
idge argued that the federal govern
ment was preparing to proceed against
the company for violation of the laws.
The senate finance committee, ad-
journing tonight at o'clock after a ses-
sion lasting three hours, ayr ell that
should the Aldrich substitute fixing an
income tax on corporations succeed in
passing that only big and powerful in
situations shall be assesscI Small coII-
Germs having a net income OF $4,000 or
less are to be immune. Nor shall NON
eys or net revenues intended for pay-
ment on the interest Of bonds be amen
able to the law. In other words, Sen
ator Aldrich proposes that only the rich
and prosperous institutions shall come
within the purview of his amendment.
Senator Penrose, partially in charge Of
the oil schedule, will ask for duty on
crude oil OF 70 per cent, but on the re-
fined product, by agreement with AL
At Ia n ho M ha1
committee took up lumber, but came
to no conclusion. Steel rails were also
passed upon, but what decision was
arrived at cannot be learned.
ALDRICH DISAPPOINTED.
Senator Aldrich was IN the hope of
receiving from Attorney General Wick
ersham the revised bill of the corpora
ton income tax. But he was disap-
pointed. On yesterday the senator from
Rhode Island promised the senate that
he would present his substitute today.
AS the bill originally came from the
whitee house to the committee 1t was al
most wholly unsatisfactory. it's phrase
ology was offensive ana the legal terms
were too loosely tied.
Now Mr.. Aldrich, as he suggested TO
his committee this afternoon, is willing
to abandon the per cent. plan, and is
prepared to fix the income on corpo-
rattons' net receipts at something ike
11-2 per cent. At 2 per cent. the reve-
nues would amount to about $5O0OO,O0O,
he thinks.
NEEDS FOR BURDENS.
But with the tariff bill ding through
as he plans and hopes to succeed with,
he will need less than $40,UO0,00O out
side customs receipts to meet the ne
cessary burdens of the government.
Late this afternoon Mr.. Aldrich sub
mitted many small schedules lowering
duties on articles heretofore passed
upon. These refer to steel bands,
steel tubes and the like. In answer to
a question from Senator Rayner he
admitted that he was amending certain
items with the end in view of lower
ing the duties sol that the popular cry
for a revision downward might be met.
When the new chaplain of the senate
presented himself to offer a benediction
on the senate this morning at 10 o'clock
the chamber was absolutely empty.
After 10 minutes he succeeded in Undue
ing Stone and burton inside to hear