Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-06-10
TAFT FAILS IN
HARMONY
EFFORT
COMPROMISE ON INCOME
TAX FIRMLY REJECTED
Neither Friend or Foe of Prep
osition Appear Inclined to
Accept White House SdggeS-
ton TO Tax Corporations.

my Morning Journal special LEASED wirel
Washington. june g.---After CON
terence at the White House yesterday
between President Taft and senator
Aldrich. II was said that the finance
committee would consent to placing a
two per cent tax upon the net earn
ings Of corporations IL the supporters
OF the income tax amendments would
accept il ana withdrew their propos-
iuon. This suggestion it is declared.
came from President TAFT and was
designed to prevent a split IN the re-
publican party over the income tax
feature. Mr.. Aldrich communicated
the plan to senator Cummins and
Senator Boarh, who are the leaders
of the progressive republicans, who
have favored the Cummns' income
tax amendment. Tho senators con-
fcrrcd with their colleague and, as a
result. the plan was repudiated by
them. az it was also by republican
leaders. who are opposed 10 the in
como tax idea
By an order OF the senate the i'm
come tax proposition VIII come up to-
morrow for vote but in view OF tho
unsettled condition a motion Will be
madc to postpone action and the indi-
cations are that practically all of the
reubleans will support the postpone
ment
II Is expected that senator Bailey
win protest vigorously against this de-
lay
1t has developed ihat there is in
the senate decided opposition TO
the inheritance tax feature which was
adopted by the house ut the request
Of President TAFT and was stricken
out of the bill by the senate com
mttoe on finance The income tax
advocates are encouraged by this
showing and 1t was said today that II
President Tart desires To gain then
support he must lend his influence to
aid them In obtaining some agreement
by which the income tax feature shan
be brought to "A vote.
In view of the short time that re-
i'm the public mind for adjournment
Of the present session, some OF the
income tax advocates are not inclined
to Insist upon a vote at the present
session if there can be coupled with
the motion TO refer the proposition to
the judiciary committee. instructions
that the committee shall report 10 the
senate early in the next session. They
viii make an effort TO incorporate In
structions of that character If any
motion that is made to refer the
amendments to committee.
The position taken by the democrats
In the senate on the subject of in
come tax has convinced republican
leaders that some party policy must
be worked out Of the conglomeration
of ideas ON this question.
So far as the pending tariff bill Is
concerned some republican leaders
fear that a plan to tax the net earn
lngs of corporations might be hailed
as a. democratic idea for the reason
that Senator Daniel has pending an
amendment to do that very thing.
Mr.. Culbertson, the minority lad
er. in statement issued tonight said
Al tnt p'BiHhlHB ~ '''1 'i'N "''''''
Of the tariff at this session the dem
ocrats mot twice in conference and the
tariff generally as well as an income
tax. was fully discussed II was for
maIly and unanimously agreed 80 sup
port the income tax amendment which
had been prepared by senator Bailey
So far as / know or believe there has
been no change In sentiment and
have no doubt, therefore. that an
democrats win support the amend.
mcnt and VIII insist upon a prompt
disposition of il tomorrow.
At the night session, republican
leaders were engaged in trying tt
harmonize the differences concerning
an income tax or corporation tas
law