The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1910-03-02

eminent and the stockholders On,
the public Of the knowledge Of tn
real business transactions and tn
gains and profits Of every corporation
In the country. We have made . lonl
step toward that supervisory contro
Of corporations which may prevent I
further abuse Of power"
Fear Notification o. Law.
The Progresslves regard the attitud,
which has been taken toward the cor
poration tax law ~ q virtual effort I.
nullify the only feature Of that statute
which In any way commended It t
public regard. They opposed It from
the start because its inception was IL
an effort to defeat the enactment Of
IN income tax. It was largely instru
mental In bringing about the defeat
Of the proposed income tax law which
was pending at the tAme.
It is pointed out that the appropria
ton for the purpose Of defraying the
expenses Of the tariff board is In prac
tically the same condition AZ that
which makes the appropriation fol
the corporation tax law not available
within the District Of Columbia. There
has been a number Of other
blanket appropriation made. some
under the interior department and
some expended :."AsF other oe'
partments for clerk hire WIZ.
in the District Of Columbia. which
do not in any way comply with the re-
quirements Of the statute Of 1882 re-.
curing that such appropriation shall
be specific.
Point Made by Progresslves.
The Progressives in the senate and
the house have scored one In the with
drawal for the time at least. of the
bill providing for legislative council
for the government Of Alaska. This
council was to be appointed by the
president.
Senator Borah characterized the
bill as the sum of all iniquities.' The
president had declared in favor Of
such a council and 1t was with re-
greet that he was compelled to consent
that the bill providing for it should
lose the right Of way which 1t had In
the senate. He did this after Sena-
tor Borah and some Of the other sena-
tors told him the exact situation and
why they were opposed to the meas.
ure. They contend that the bill IL
providing back door by which the
Guggenheim-M organ-Standard Oh in
terests will secure control Of the rail.
road concessions and the natural re-
sources Of Alaska. Senator Dolfiver
up his criticism Of the bill in
one word, rotten" It was made very
plain in the senate that the bill could
not get by, and so, with the consent Of
the president, it was withdrawn in or
der that the postal savings bank bill
might have clear way.
Friends Of Postal Banks Active.
There is a genuine effort being
made to get the friends OF postal
banks in the senate together, and It
seems that It will be successful. The
Smoot amendment, which provides for
the investment by the United States
treasurer of postal funds refused az
deposits by banks in the states by
which they are collected, is causing
but the senator from Utah
will in all probability consent to the
OF that amendment and
to the putting Of the bill back into
L.. hl4I, / irr{r
ported from the committee.
The situation is such that 1t is ex.
pected vote can be had upon this
bill some time either the latter part
Of February or early in March. The
only extended argument which 1t Is
known is to be made against 1t will
be made by Senator Bailey upon the
question.
JOHN j. HANNAH.