The Mobridge news. [volume] (Mobridge, Walworth Co., S.D.) 190?-1917, 1912-03-08
SUGAR ON FREE LIST
BILL ELIMINATING $50, 000, 900 IN
CUSTOMS REVENUE RATi-
FLED BY DEMOCRATS.
ALTER
To Tax Those Whose Income Reaches
$1,000 a Year.-Would Mean Year
ly Revenue of $5o,Ooo,0O0
or Over.

Washington, d. G.. - A bill to put
sugar on the free list, eliminating
$50, 100000 in all customs revenue, and
another to extend the present corpora
ton tax 70 include individuals and
co-partnerships having an income OF
S., 900 a year or over, were ratified
by the Democratic caucus OF the
house.
The excise tax, so-called by the
ways and means committee, is in eff
feet an income tax. The bill is SO
drawn that it is expected to comply
with the supreme courts decision
against the constitutionality Of an in
come tax. It's effect would be to tax
every person who earns more than
5000 a year, on the excess OF $4,000
at the rate of ! per cen
The estimate of Chairman Under
wood and members of the ways and
mean committee is that the proposed
excise tax would bring in a revenue
of between $4,000 600 and 100000, 600
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 a half a
pound.
The secret that members of the
ways and mean 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 free sugar bill, however, was
bitterly assailed by representatives
from Louisiana, the sugar ane state,
and representatives from sugar beet
growing states who were absolved
from the bond of the caucu 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.
1--WE simply took the corporation
tax law and rewrote it to include indi-
viduals and cO-partnerships," Mr.. I'm
derwood said. The bill, to illustrate,
simply means that |, whose business
is that of a member Of congress, will
pay to the government 1 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 new 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 Sen
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
ma was lost to Colombia and the canal
zone became the property of this coun-
try. There was no division on the
vote Of adoption.
Washington, D. c. - Patent medi.
cines and other patented articles may
be sold without reference to the prices
fixed by the patentee. This was the
opinion handed down by Justice
Wright in the equity court when he
refused the application of a drug man
ufacturing concern for an injunction
to prevent a local druggist from cut
ting prices without the manufacturers
the ~patentee of an article could con
troll the price by which it should be
| sold by a "licensee," but that once the
article has found it's way to the open
market by outright purchase all right
to fix the price passed from the
patentee.
What vinegar is in the United States
is determined by a decision of the gov
eminent pure food board. signed by
Secretary of Agriculture Wilson. The
decision holds that when natural vine
gars are diluted with water to reduce
their acidity, the label must indicate
this fact and that nc vinegars may be
diluted to an acidity of less than
grams of acetic acid per 100 cubic cen
timeters or approximately 4 per cent
Secretary of Agriculture Wilson has
approved a decision of the pure foot
board which holds that no cherries
Government To Consult Trade Boards
Washington, d. c. = Presiden'