Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-07-15
TAFT HAS LEAERS
FAST IN CORNER
LINES iUP CONFERENCE COMMIT.
ZEE FOR CORPORATION TAX,
ALTHo OPPOSED.
7 2ALpRIcH AND PAYNE TOLD
AMENDMENT MUST GO THRU
Tariff Leaders Carry News of Pres
ident's UItimatum to the Committee,
Which Stood Ready and Desired TO
sidetrack Measure - Taft Insists
Agreement Be Fulfilled.

Taft Stands right where he has stood
all along and will insist upon the
adoption of the corporation tax amend
ment is the substance of report made
to the tariff conference today by Sen
ator Aldrich and Representative Payne.
The leaders of the senate and house
were at the White House late last
night, having been summoned by the
president to explain the persistent ru-
NOR that the corporation tax propo-
sition was in danger OF being dropped
In conference. 1t had been reported
and not denied that a majority Of the
conferees were opposed to the adoption
Of measure providing for per cent
tax upon net earnings of corporations
organized for profit. The announcement
that the administration would be satis-
ded with a tax of l per cent and that
the redraft of the amendment made by
Attorney General Wickersham would
contain this change, didn't remove the
objections entertained by the confer
ence. Representatives of the House
protested against the federal govern
ment entering upon such a new and.
radical method of raising revenues.
Taft Wanted to Know.
Discouraging reports about the re-
ception planned for the proposition
when 1t should be returned to the con-
ferees determined the president to get
at the bottom of the situation and
learn, II he could, whether the senti-
ment against the amendment was
strong enough to encompass it's defeat.
In seeking for explanations from AL
drich and Payne the president went
at the very fountain heads of informa-
tion concerning matters happening or
likely to happen behind the closed doors
OF the conference chamber.
It is known that neither Aldrich nor
Payne wants the corporation tax
amendment, altho botf, OF them are
pledged to the president to support 1t.
These pledges We're given at the White
House nearly a month ago, when the
amendment was first submitted to the
republican members of the finance
committee.
Can't Back Pedal Now.
It developed during the discussion of
the proposition in the senate that
cluding Aldrich, had been charged with
taking up the corporation tax as
weapon to be used in fighting the in
come tax amendments The weapon, if
such it was, was effective, but it now
appears the supporters Of the presi-
dents plan committed themselves so
thoroughly that they can not now find
q way to withdraw their support of
the amendment.
According to semi-official disclos-
ures Of what has transpired in the con-
ference room the foregoing represents
the situation in which the conferees
find themselves. Aldrich and Payne,
according to Information believed to be
authentic, told their conferees today
that the corporation tax amendment
must be incorporated in the tariff bill
Cotton and Lead Schedules.
Cotton goods and lead products were
taken UP by the conferees today, but
were not disposed of during the fore
nooon. Barly adjournment was taken
to permit the house members to attend
the session of that body and allow
Aldrich and Payne to go to the White
House as the presidents guests at
luncheon.
At the luncheon the president dis
cussed with the two leaders concerning
the issuance Of bonds to reimburse the
general fund Of the United States
treasury for the $4o,ooo,ooo paid for the
purchase Of the property of the new
Panama Canal Company.
Chairman Tawney of the house COM
mittee on appropriations, today intro
duced the urgent deficiency bill carry
Ing an appropriation of $434,401, in
Guiding an item Of $25,00O for the trav-
cling expenses of the president.