New-York tribune., 1910-03-24
.Frcm rhs Tribune Burssu


Washington. March =.
CORPORATION TAX.-The publicity
given 20 the returns 81 corporations under
the corporation law will le wholly subject
60 fhe discretion of tho President II the
amendment added 20 the legislative. eX-
ecutive and judicial hin d., the Senate COM
mittee on Appropriations becomes a law.
IN accepting the House provision appro-
pTiaiing sioaeo for the collection 81 the
tax. the senate coIlunittee added: Provided
that the reports required by Section y o.
this act she'll only he made public upon the
order 81 tho President unless Il Is deemed
for the public interest and that the SEC
retary of the Treasury shall formulate
rules and regulations for classification, Ia
deNing ami exhibiting such reports Cr any
information theuefrom. which said rules
and regulations shall he approved by the
President" n is believed that this provision
n enacted will Remove all reasonable ob-
jeciion 40 tie publicity feature OF the cor
poration tax. - viii leave IL 20 the dis
erection 81 the President 20 make public
any facts regarding tie profits % those ina
dustries which seek tariff protection. will
invest tho administration with all the in
formation .t desires regarding the larger
corporations. and at tho same time viii pro-
AffNA AliF NAellAtNe 'A AAtN -t++e-Aa'a W lN "a
iions from that publicity which IL has been
greatly feared might he used 20 their i'm
jury by their mole powerful competitors. lt
Is expected that this amendment viii meet
with the approval 81 most OF the Republican
Senators. insurgents a. Wen as regulars. II
Is too early Ia determine the attitude Of
The House. but there rs some reason 20
believe that u also viii approve The change
CANADIAN TARIFF-There seems 10 be
Esod reason - believe that. as a result of
tlc Presidents personal efforts. the basis
90 ,sn agreement with Canada which will
avert a tariff war has been reached. The
officials are naturally Teticent on the sub
sect. pending the completion ~ tho negotia-
tious. but their tone D. sanEuine. and while
an the facts cannot 10 made public al this
time the prediction that there win he no
tariff war seems warranted. Secretary Knox
received to-day p delegation 81 one hun
drcd representing various industries along
the border from the Great Lakes 20 the At
lantic and assured N. members that tho
higher oficials 81 both countries are max
iug every possible effort 20 avert conflict.
Later in the dav the President Informed the
Secretary ~ state 81 the steps ne had taken
20 secure a satisfactory agreement. and.
AFTER a somewhat liolFaclfu f'ilci 'ii'N'
both the Presidcn; and Mr. Knox were most
hopeful Of a satisfactory outcome.
GOOD ROADS-The senate Committee
On Agriculture. which j. now practically
in the hands Of the insurgents. reported
fqvoraNly to-day tho Rankhead bin ap-
lropriating $4,000 for the Improvement 81
roads which constitute rural free delivery
routes. the expenditure of the funds 10 be
conditional on tl O. state In which Il IS pro
posed TO improve "A road apTTopriating
sum equal 10 that expended by tho fed
,rsl government. This legislation has long
been urged "n Congress, bat one OF ITS
CHIEF opponents was the late senator Proc
tor. until HIS death chairman of the Com
nalttee or Agriculture. Mr.. Proctor was
as sincere an advocate OF good roads as
he was a lover of horses, but he believed