The herald-advance. (Milbank, S.D.) 1890-1922, 1912-03-08
SUGAR ON FREE LIST
BILL ELIMINATING $53,O0o,OO0 IN
CUSTOMS REVENUE RATl.
FLED By DEMOCRATS.
ALTER
To Tax Those Whose Income Reaches
$1,000 a Year.-WouId Mean Year. y.
iy Revenue Of $50, 1000, 900 /,
or Over. !

Washington, D. C.. - A bill to put
sugar on the free list, eliminating
$50, 900 900 in all customs revenue, and
another to extend the present corpora-
ton tax to include individuals and
co-partnerships having an income of
$4,000 a year or over, were ratified
by the Democratic caucus of the
house.
The excise tax, so-called by the
ways and lean committee, is in ef-
feet an income tax. The bill is SO
drawn that 1t is expected to comply
with the supreme courts decision
against the constitutionality of an in
come tax. Its effect would be to tax
every person who earns more than
$4,000 . year, on the ces of $4,000
at the rate of / per cent.
The estimate of Chairman Under.
wood and members of the ways and
means committee is that the proposed
excise tax would bring in a revenue
of between $50, 100000 and $50. 900, 900
a year. Placing sugar on the free list.
the Democratic leaders estimate will
reduce the price Of sugar to the con-
sumner about a cent and q half q
pound.
The secret that members Of the
ways and e committee had been
so closely guarding for several days
was the provision to extend the cor
poration tax. In the caucus that bill
was not seriously opposed.
The FREQ sugar bill, however, vas
bitterly assailed by representatives
from Louisiana, the sugar cane state,
and representatives from sugar beet
growing states who were absolved
from the bond OF the caucus. No roll
call on the ratification of the bills was
demanded. Majority Leader Under
wood announced that the bills would
be reported to the house in a few
days.
I'VE simply took the corporation
tax law and rewrote 1t to include indi-
viduals and co-partnerships," Mr.. I'M
derwood said. "The bill, to illustrate.
simply means that I, whose business
Is that OF a member Of congress-, will
pay to the government / per cent OF
my salary income over $4,000. The
salary OF a congressman is $500. I
would therefore pay an excise tax Of
$25 a year"
The president OF the United States,
should the proposed bill become a law.
would pay l per cent on $4,000 or
500, his salary being $4,000.
Railroads will be subjected to heavy
fines for intimidating employees who
seek to Join labor unions or for
'blacklisting" discharged employees,
BY the terms of a bill introduced by
Representative Stevens OF Minnesota.
The bill would amend the railroad
rate law and provide penalties OF
from 500 to $1,000 for violations Of
the section. 1t was referred to
the interstate and foreign commerce
committee.
The senate adopted a resolution call.
Ing on President Taft to submit to It
all the correspondence with Colombia
dealing with the acquisition OF the
Panama canal zone by the United
States.
The resolution was offered by Sem
ator Hitchcock Of Nebraska who urged
It's adoption in a speech in which he
charged former President Roosevelt
with participation in a conspiracy to
foment the resolution by which Pana-
ma was lost to Colombia and the canal
zone became the property Of this
try. There was no division on the
vote Of adoption.