The Black Hills union and western stock review. [volume] (Rapid City, S.D.) 1904-19??, 1909-07-02
CORPORATIONS
May Be TAXED
Aldrich Makes Crafty Move to
Secure The Passage of
New Bill
FLINT TAKLS ON BILL
Will be Passed TO Prevent
Legislation for an In
come Tax.

Washington, June 29.-The cor
poratlon tax matter came before the
senate today as a rider on other
tax propositions. When the ques
ton was taken up Senator Lodge
move that as a substitute for Sen
ator Bailey's straight income tax,
a measure providing counter-pre-
vailing duties against all countries
imposing duties on articles exported
to the United States. Senator AL
drich Immediately moved that the
corporation tax be made an amend
ment to the Lodge measure. BY
this parliamentary game the cor
poration tax proposition takes the
place of a third degree" amend
ment, beyond which no further
amendments can be offered in the
senate.
This move on the part of Senator
Aldrich, chairman OF the finance
committee showed his real hand.
His interest in the corporation tax
law appears to be genuine, because
he believes that the passage of this
bill will effectually kill an income
tax measure. He confessed this to-
day when he said that in his opinion
there would be a deficiency in the
treasury for the next year or two,
which he was willing to have made
good by the corporations. The SEN
ator thought the law would be ma
terially modified if not entirely re-
pealed after two years.
Senator Tillman was behind an
amendment to tax corporations two
per cent on net earnings but it was
lost by a vote of 55 to 20. The only
democrats who supported the amend-
ment were Tillman and Bailey.
Senator Flint has charge of the
corporation tax bill and spoke at
length in explaining the various
features of the proposed law. While
Senator Flint expressed the opinion
that the revenue from this source.
would amount to from forty to fifty
millions annually, Senator Kean be-
lieved that the amount would be
nearer 500, 900, 900. Senator AL
drich interrupted Senator Cummins
while speaking in support of the
income tax law to say: with adj
ditional revenue from the corpora
ton tax, / shall be very much sur
prised if any deficit exists next year.
The present tariff bill will produce
$350,000,0 of venue next year.
Worlds Mcteorologists Meet.
London. June 21.-Every civilized
nation Of the world is represented by
one or more weather experts at the
international conference of Meteor
Ologists which opened here today.
This conference is the outgrowth OF
a similar gathering of me%teorologists
from all parts of the world which
was held a few years ago and
promises to be Of unusual import
ance in extending the scope of scien-
tific weather observation and facili-
Eating the distribution of weather
reports and storm warnings on land
and sea over the entire surface f
the earth.
One of the principal problems to
be taken UP by the conference during
Its session of one week is the ques-
ton of bringing about an i%nterna-
t1onal agreement as to the taking
and sending by wireless of marine
weather reports. The committee in
charge of the subject favors a
scheme to obtain the %adoptiont by
all the leading nations Of uniform
method of taking and transmitting
wireless meteorological observa-
tions so that each observation no
matter by what nation taken. will
be comparable with the observations
taken by any other nation. There
is now no uniform system of making
such observations and of transmit
ting them with the result, that it is
impossible of comparing the reports,
as the same features and conditions
are not observed and reported in
every case.
The report of the committee,
which consists of DR.. W. N. Shaw,
Great Britain; Prof. A. Augat,
France; Rev. L. Froc, China; Rear
Admiral Hirz, Germany; Prof. II.
pMohn, Norway; Prof. Willis u.
Moore, United States, and K. Naka-
mure, Japan, will be thoroughly dis
cussed and it is hoped that a definite
plan will be evolved which will he
submitted for sanction to the various
governments.
Another committee, consisting OF
Messrs. Augat, HIM. Moore and
Lieut.. Gen. Rykaycheff, OF the Cen
trail Physical Observatory of st
Petersburg, Russia, will submit a
plan for the establishment 5of a uni.
form system Of storm and genera,
weather signals by all nations. II
is hoped that by the adoption of thi:
plan the confusion arising from the
different signals used by the differ
ent nations will be eliminated ant
1t will be made possible to make the
weather warnings displayed on land
or flashed by wireless to the ships OF
the ocean more ineligible and
therefore, more valuable for the pro,
lection of life and property upon thu
high seas.
Elected President.
Portland, Ore, June 29.-Presi
dent Harry Pratt Judson Of the uni
80 -. rs rl,3o ~ no $40 ali ~ - ao40.