Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1912-07-27

lBy Morning journal rpocihI H'o"se" WIZ. )
Washington. July 26.-Democrats
and progressive republicans united
again in the senate tonight and by a
vote Of 36 to IS, passed the democra-
tie excise tax bill extending the pres
ent tax on corporations to the busi-
ness OF individuals, private firms ana
o-partnerships.
Attached to the measure, also by
the aid of republican votes were
amendments for the repeal of the Ca
madam reciprocity law and the fix
ing of two dollar per ton tariff on
print paper and for the establish
ment of a permanent nom partisan
tariff commission.
The passage of the excise bin be-
came certain early in the day and the
republican leaders offered little op-
position to 1t.
Senator Borah, in fight to have
his income tax bill substituted for the
tax on business lost by a vote Of
33 to %. although he mustered to his
support many regular republicans and
four democrats Ashurst, Culberson,
Hitchcock and MARITIME.
The democratic minority stood al-
most solidly against any change In
the house bill that would threaten its
defeat. They declared the tax on
business WIS clearly constitutional,
While an income tax had once been
held unconstitutional by the supreme
court ana might again suffer that
fate.
The excise bill was supported by
the following progressive and inSur-
gent republicans;
Bourne, Bristow Clapp, Crawford,
Cummns, Gronna, Jones, kenyon,
I.alollette. Nelson Pondexter. Town
send and Works.
The measure was changed from the
original house bill only in minor par
tculars except FOR the addition of the
Canadian reciprocity repeal and the
permanent tariff commission proNi-
sion. 1t win go back to the house fo~
the approval Of that body ana it Isl
believed an agreement soon viii he
reached SO that a perfected measure
can be laid before the president
The excise measure would levy upon
all persons, firms or partnerships
an annual tax equal to one per cent
of net income in excess of $4,000.
Senator Cummins' permanent tai
iif board amendment which was car
red Yesterday in the wool fight ani
Then lost in the final upheaval when
the laliollette bill passed, was at
laehed to the excise bill by Il vote of
~ To 20. All democrats except POM
eiene, Of ohio. voted against the tar
~ board while all republicans except
Hepburn, of Idaho, supported it.
The chief fight, aside from that
over senator Borahs income tax
measure, came upon the Canadian
reciprocity amendment offered by SEN
atof Gronna, of North Dakota The
amendment adopted by the senate 81
10 70, provides for the complete re-
peal Of the reciprocity law and for
'he establishment of a rate of 81 per
'ph on print paper imported from
ah"da in place of the present duty |
Of sS.75.
ne text Of the provision fixing . |
new tariff on paper follows:
THAI from and after the passags |
"' this act the duty on chemical wood |
pnlp shall he one-twelfth of one cent
per pound dry weight, if unbleached |
7ilAl VI put cent pei liphh
" hleached ana the duty on printlis
haper as described in paragraph 400 |
~ the act approved August 5. 1909, |
'lhe Fayne-Aldrich tariff law shfll /
"e "ne-tenth of one cent per pound !
valued at not above three cents per
pound; two-tenths Of one cent p"r
h'uhd 1T valued above three cents
"hu not above five cents per pound:
"hp IL per cent ad valorem if VAL
"em above five cents per pound"
ne senate changed the exice pill
=" ihat the tax would not apply
,'''r organizations. A plan to checl,
'"e tocacco monopoly by special
'A'ise tax on production above a ,er-
,,ih amount. offered by Senator
'''l'hcock. was defeated
The third Of the democratic m "a
Suies' the sugar hill. viii come up 90
'i"iiow. 1t is believed the comhina-
ION OF democrats and progressivas
WV continue throughout the third
u.F "t the tariff program So that a
w. ping reduction in the sugar tariff
VIII be approved.
ne democrats have determined To
1'Poit Senator Williams bill pro