Pierre weekly free press. (Pierre, S.D.) 1889-19??, 1909-07-15
'0APP GETS an AMlNDMflhI
INCOME TAX AMENDMENT.
DoWNED BY a DECISIVE VOTE.
Bill Practically Completed In Detail
lAIdrichs Begins Railroad
Tactics. m

Senator Daniels of Virginia prevented
the senate from eomple citing and pass.
ing the tariff bill yesterday. Rising
at 20 minutes Of 2 o'clock, Senator
Daniels talked until the hour at
which the senate automatically ad.
| journed, and by his Intentional fill
buster he prevented Senator Aldrich
from securing the night session at
which the bill would have been COM
pleted and passed.
| Overshadowing all other results Of
the days session was the success Of
Senator Clapp, of Minnesota, support
ed by an unexpected and vigorous
speech by Senator Deliver. in forcing
out Of the corporation tax amendment
that section which he claimed would
exempt trusts and holding companies
| from the payment of the tax.
Senator Aldricb agreed to accept
Senator Clapp's amendment. after
having declared himself emphaticalIy
| 10 K
opposed in every way. He explained
his change of heart by saying that he
wanted to expedite the passage of the
bill. Several senators, including Sen
ator Bailey, of Texas, thought they
saw an intention to accept the Clapp
amendment in the senate and then
drop it out in the conference COM
mittee, and they pinned Mr.. Aldrich
down to a statement that he would
support the matter in the committee.
The senate, rushing through its fin-
al work on the bill, enjoyed a day full
of unrest, sharp words, and general
i'll feeling. Briefly its accomplish
ments were:
| Yesterdays Accomplishments
| The approval of the provisions for
a customs court. after a bitter fight
The final defeat Of the straight In
come tax amendment, offered by SEN
ator Bailey, by a vote Of AZ to 2s.t
The acceptance of the Clapp amend
ment. forcing holding companies" to
pay the 2 per cent corporation tax.
The practical completion Of the bill
in all its detail. c5s Bi
noticeable fact during the days
proceedings was that the two Mime
| sofa senators did not vote together
on the majority of the subjects passed
on. The band of former progress
sives" was broken up, many OF the
members, among them Senator Mel
son, voting with the majority for the
evident purpose of hurrying the bill
through and getting 1t into conference.
This was true on an amendment Of
fered by Senator Bacon, to exempt
from the payment Of the corporation
tax mercantile corporations with
gross business OF $150,O00 or less.
Senator Clapp voted for It and Sena-
tor Nelson against. The provision
was by no means satisfactory to many
of those who voted for 1t, however.
/ and Senator Bacon made an effort to
change it before the vote was taken.
but was denied the privilege. On the
income tax amendment; Senator
Clapp voted for the Bailey amendment
and Senator Nelson against it.
Senator La Toilette secured the &c
ceptance by Senator Aldrich Of an
amendment which exempts aKricul.
tural and horticultural societies from
the payment Of the tax on corporation
earnings. Senator Delivers support
OF the Clapp amendment was in the
most vigorous terms He reiterated
what Senator Clapp had pointed out
q few days ago, that the exempting Of
holding companies from the tax offer
ed an invitation to f1nancfers to or.
ganize companies to hold the stock
OF other companies. It constituted an
approval of the trust, he declared.
AIdrich,s Railroad Methods g..
The railroad" methods attempted
by Senator Aldrich yesterday have
given considerable concern to many
OF the Western senators to whom con-
tinual assurances have been given
that duties will be lowered In con-
ference" Beginning with the over
riding of Senator Dick, Of Ohio. on 4
! minor amendment early in the day.
Senator Aldrich repeatedly tried to
prevent any discussion or constdera-
ton Of amendments and to push the
bill through without moments DELAY.
To Postpone Canal + finances.