Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1909-07-12
ADMINISTRATIONS MEASURE.
AS Passed by Senate Must be
Redrafted TO Remove Con-
stitutionaI Objections.
AldlSch and Payne Made No objection
10 Spgscstions.Aity .- Gen. Wick
crsliani at Work on Changes.

and the lawyers Of his cabinet have
undertaken to save the tariff conferees
s from haggling over I he corporation tax
amendment. 1t IS conceded that the
measure as passed by tho senate must
he redrafted In order to remove con-
& stitutional obiec lions and to meet the
Views of the adnlinistra lion. The prcsi-
dent told the leaders OF the senate
and house that ass the administration
would be charged With the response
g4bility OF collecting he tax ana Defend
Ing the act i assailed iii the courts,
the administration should be permit
( ted to perfect the meg sure. ID
Senator 1lldrich and Representative
Payne have made no objection o#the
suggestions made by the president,
and MS ii result tttty.- Gen. Wicker
sham is working out the legal problems
1t Involves
IF the corporation tax features is
changed at all after heirlg redraftcd,
4 the alterations probably will be con-
fined to the rate OF tax imposed on
not earnings. There is q. strong sem
Etiment in Congress that the tax should
be not more than 4 per cent, and it
may be cut in hal & accordingly. 4
Relectuanoe is being exhibited by.
some neinbers OF the house to the
suggestion 81 hat the inheritance taN
feature adopted by that body shall be
left out Sof the bill. i5
President TAFT has been Impressed
s by the arguments O II he states trati
they should not bed sl,irbede III their
$lise nfBthc Inheritance tax q S II means
of raising of Il re en- lt,ss Though his
: belief III The 9pltn ciple i siict abated$
II is stated upon the ~ big hes uttor-5
ity however, that he docs no t thinks
that federal and state governments
Should both resort to this method OF
raising revenues.
Tho new draft Of The corporation
tax amendment Sviil provide for a tax
of i per cent instead OF 2 per cent
on. the net earning or corporations.
ThissWas decided today al an informal
conference at the White House. Atty
Gen. NNickershanl will prepare the
amendment accordingly. H. III
The presidents talk with the cons
ferecs has begun the discussion of
specific rates. The time for talk as to {
the application Of Il general principal
has passed. Ii, his opinion. ss$
Tho presidentssi$s said TO feel that the
Withdrawal OF the orrora ton Ia x M
favor of the Inheritance tax adopted
by the house Woti4 be unfair to u
number III senator's ~ ho SUI ltorted the
corporation taS in preference to the
income measure lt$ was the president
who first SUI gested d graduated iI,her-
itances tax. Such strong oppo ltion to
this measure de scioped III the states
Where ail inheritance tax is already
levied that ne brought forward the
corporation tax as he next best means
uf wiping oatg the treIsui;y deticit:
The amendincnt5ad adopted by the sen
ate providing for the Adjustment
OF q customs court is likely to- be ac-
ceptcd bv>thc house conferees. 4 N ef VI
fort viii be made TO I'll salaries Of the
judges at 81 300 as provided original
Il by the arnendneflt as reported from
the finance committee to tile senate. ~
ne Terms oil Ene 55sSsiltll lIlhalItltlill
and minimum provision are meeting
with some aror from the house mem
bers of the conference committee and
the indications are that they will be-
accepted after some minor changes
have been made.
II the senate has its way in relation
{ to the corporate tax, inheritance tax
ard the customs court there is a feel
( ing that it will be at the sacrifice OF
nany Of It's amendments TO the dutihle
list. The conferees plunged into their
iabors today with a .iger and en-
tliusiasm that portends haste in get
ting the bill back, to the senate and
the house.
Taxing ,ip9tlle metal schedule hey
proceeded through his 7 and into the
wood schedule during the morning
!. hours This does not mean that the
metal schedule was completed as it
contains many important amendments
such as changing the rates on steel
products Whicl, are the subject of
! sharp difference of opinion. These
We're passed over to Be Ia ken up after
minor amendments in all schedules
have been settled.