The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-04-27
Wealthy Pay Compare
lively Little to Upkeep
of Government.
CARNEGIE is MADE
SHINING EXAMPLE
Representative Hull, Father of
Income Tax Bill, Tells How
Measure Is Designed to
Equalize Taxation Burdens
by Placing Them on Shout
ders Able to Carry Them.
Especial TO The Times-D,ynatcn

person grows, The less he paws in re,a
ton 20 his property or income. Expe-
| rience has shown that under the pres-
ent tax system personal property prac-
tically escapes taxation for either local
or State purposes
Ihese statements were made to-day
in the House by Representative Cordial
HUI, OF Tennessee, in defending the
income tax which is carried In tho
Underwood tariff bill and is estimated
to yield the government $4,000. 900
year In revenues.
andrew Carnegie is singled out as
shining example of the rich who
escape taxation. He holds $500. oOo.-
600 of United States Steel Corporation
securities Until recently he has paid
State taxes on 100000 OF personal
wealth. New York City authorities
have increased this asses sment recent
IS to s10.0O0.000
The rich investor. said Mr.. Hull. the
money lender. the wealthy business
and professional men cover up most
OF their taxable property. The in
tangible personality stock bonds and
other securities escape taxation almost
entirely.
Welded to Cinss Liquidation.
The Republican is welded TO elias.
legislation according to Mr.. Hull
Manufacturers have been In tariff
pa 'hei sup Win the government and
have waXed fat. For more than half
century there has been constant
Struggle by the wealthy TO shift the
burden OF taxation to the shoulders and
oacks OF the weaker, poorer and less
influential citizens Statistics of prom
er'y valuations were given by Mr. Hull
| 10 show that wealth was not being
taxed and was not bearing its fair
share of tho burden
The census investigation OF 1904. in
New York. reported that the city. had
about s5,50o.o03.00o OF personally and
that the returns for taxation were
about s1,500.00O.0 900. The Kentucky
Tax Commission reported Januarv.
1912. that total amount of bank de-
posts from which the assessors were
to make up their taxation lists against
the depositors and tax payers was
about sl2,o00,oo0. The bank state
ments to the comptroller for the same
month placed these deposits at $780,
Cos 900.
The Mayor Of Philadelohia recently
told the councils there that property
in that city had been under-valued
more than $500, 100000
In 1905 the census reports valued all
real property at sl07, 900, 100000. The
adj valorem assessment was $4,000, OoO,-
600. The value of personaIty was
placed at s44o0o.ooo.o 900. 1T was as
D.
100000
Mr.. Hull charged that under the Re-
publican scheme of taxation the gov
eminent in forcing tee people to turn
over for government maintenance
about s5oo,ooo.ooO annually. gave a.
bonus of about si,510,oo0, 900 a year to
selected individuals who were given
special favors by the high protective
tariff tax.
l;nl
the income tax was sectional in char
actcr. Mr.. Hull argued that wealth had
made itself sectional
Put Up to Progressives.
Confronting Progressive members of
the House with plank in the national
platform OF their p~'ty pledging them
to immediate revision OF excessive
tariff schedules without waiting for
their proN1sed non4,rt~ctn tariff com
mission, Representative Lawrence B.
Stringer new Democrat from I'LL
nois, called upon the third party repre-
sentative in the House tonight to
support the Underwood bill If they
wished to carry out their party dec
larations.
First defending the Progressives
against onslaughts Of both Democrats
and Republicans. and declaring that
they represented more than 1000. 900
voters. and had the right to claim
that their party was the second party
in this nation" the Illinois Democrat
emphatica'ly denied that they repre-
scented protection party"
You tell me that the Progressive
party favors a nonpartisan tariff COM
mission" declared Mr. Stringer THAT
is true, but that plank in the Pro-
gressive platform concludes by say
ing: The work of the commission
should not prevent the immediate
adoption OF acts reducing those sched-
ules generally recognized as excas-
sive.'"
Waving along the quotation and ad
dressing himself to Victor Murdoch,
Progressive party leader In the House,
Mr.. Stringer continued:
II call the attention of the gentleman
from Kansas to the statement, that, If
he and the Progressive members OF
this body, whom he leads, desire TO
carry out the declarations OF their own
platform, and I believe they do. they
Will be compelled by the logic OF those
declarations to join with us In the
passage OF this pending measure"
First Show of Feeling.
The days debate further was en-
livened by the first exhibition of feel
ing between majority and minority
leaders in the tariff discussion when
Representative Dixon, OF Indiana,
Democratic member OF the Ways and
| Means Committee. attacked the Re-
publican tariff law, declared II was in
effect an decrease over the former
Dingley tariff in that the average rate
of the Payne law was LII per cont
higher than the Dinghy law with the
| statistics of 1907 rs a basis
The statistics that the Ways and
Means Committee presents to-day show
the eentleman's statement Is utterly
4 49, -. -