The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-07
NO DENT IN TARIFF
!. BILL AS REPORTED
FROM COMMITTEE
Continued from First Page)

| continued from First PaEe.)
chair. sustaining point of order made
by Mr.. Underwood that the tariff COM
mission amendment was not germane
to the bill.
| When Representative Mann appealed
from the decision, the House sustained
the chair. 164 to 81.
! Representative Hull, OF Tennessee,
chief craftsman of the income tax fea-
ture Of the tariff bill, prepared tonight
to resist n campaign by the minority
10 amend the details OF the proposed
law. He expected a hard fight on be-
half of the mutual fire insurance com
panieS which would be taxed / per
cent under the measure. Provisions
affecting insurance companies were
taken almost verbatim from the corpo-
ration tax law already in effect, but to
avoid any possible question, committee
amendments were prepared tonight to
eliminate even the slightest variation
from the existing law.
Love Feast Held.
| Democratic-R Republican love feast
was held in the House as consideration
of the taxing provisions of the tariff
bill drew to close. The occasion was
the birthday of Representative I'm
derwood.
! Minority Leader Mann announced
that he wished to put aside partisan
| feeling for time and talk personally.
! n told the House that ffty-one wears
/ ago "one of the ablest men In public
! life first saw the light of day" and
congratulated the Democratic party
and the American people, that during
| the iifty-one years of his life there has
grown TO greatness and bigness the
able gentleman from Alabama, Mr.. I'm
| derwood."
Amid roar OF applause from both
sides of the chamber. MIR. Underwood
thanked Mr.. Mann for his congratula-
| lions
Regular reading OF the income tax
| provision for amendment was COM
pleted in short order. Perfecting
amendments offered by the Ways and
Means Committee and adopted included
a provision eNempting returned invest
ments i'm insurance and a clause chang
ing the terms regarding mutual fire In
Surance companies, so as to allow them
TO deduct from their gross incomes the
amount required under the State laws
to he placed in their reserve funds
Another amendment changed the lam
gunGc of the provision imposing a tax
of ] per cent on the net profits of in
surance companies, so as to make the
bill conform literally to the present
corporation tax law.
Consideration Promised.
Representative Mann, for Resident
Commissioned Quezon, OF the Philip
pines. offered an amendment TO tax the
Chinese. Japanese and other residents
of the Philippines, as we'll as the Fill
pnos and Americans in the islands.
The committee agreed to take this UNI
der consideration. The Philippine com
missioner unsuccessfully' sought TO re-
lieve the Filipinos of any income tax.
on the ground that they could not vote
on this legislation. Representative
Underwood explained that the inclu-
sion of the Philippines in the income
tax WAS TO reach the wealth of the
Philippine Islands. and that the hill
liehtened the burdens of the small
farmer Of the Philippines by repealinp.
the export tax on Philippine products
AS the discussion of the free list
closed, Representative Donovan, n Con
necticut Democrat. criticized the WAYS
and Means Committee for framing GER
tain sections OF the bin "unintelli-
gently"
The cotton schedule was brutsllv
treated" he declared. He read a letter
from the Crane Steel Company pro
testing against the raising of the duty
on ferro manganese. This is from the
company of one of the largest con
tributors to President wilson's cam
paign fund he said, land n man who
Is to be sent as our representative at
the court OF Russia. He says the in
creased duty looks like a scheme of
the steel trust to put the independent
producers out OF business"