New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1913-09-01
Maximum Rate on 100000
and Over Fixed at 6 Per
Cent by Committee.
CONSERVATIVES PROTEST
Majority Leaders Abandon
Hope of Passing the
Tariff Measure
. This Week.
rFrom The Tribune Bureau.1

Washington. Aug. 31.-Diff1culty was
encountered by the Democratic members
of the Finance Committee to-day in modi-
flying the income tax section of the tariff
bill to.meet the demands Of the insurgents
who insist on a higher tax rate on the
swollen incomes. Conservative members
OF the committee were averse 10 increas-
ng the rates, and trouble was encountered
in striking a compromise between the two
factions
The majority members OF the commit
tee wrestled with the problem that con-
fronts II at session which was pro-
lcnged late into the night : is probable
that the work Of final revision Of the bill
will not be completed in time to hold the
caucus before Tuesday. and the hope OF
the Democratic leaders that they would
be able to pass the bill by the end of the
week was dispelled.
When the committee adjourned tonight
it was said the maximum rate on incomes
of $4,000 and over had been fixed at s
per cent II Is also understood tn, COM
mittee agreed upon a graduated tax on
incomes from 10000 up TO tJG' The
committee also was said 10 have decided
TO stand by the restriction on The impor-
taton Of bird plumage hr1 tn country.
Both parties are lining - their forces
for the final strugli Although
the Democrats are still suluew hat doubt
full of the attitude Of Senator Newlands
on the sugar question they are confident
OF mastering majority on a final vote.
The Republicans have all but aban-
doned their efforts to amend the bill.
During the last week they have confined
themselves TO suggesting changes to the
majority members of the Finance Commit
tee TO be adopted not. as they chose
and as the caucus decreed.
When the committee completes its final
revision Of the bill and the caucus has
PASSED on II the last opportunity for maxi
ing changes will have passed. and, with
this in view the Republicans probably
will content themselves with filing their
protests against such provisions as they
may take exception 10 and let the bill
come TO a vote. The caucus decree will
determine whether amendments that have
already been offered are 10 be accepted or
rejected, and there will be no appeal from
this final word Consequently it is hoped
that the paragraphs still to be passed
upon will he disposed of quickly
The income tax fight is the last big
contest before the final passage OF the
tariff bill. Many items are still to be
considered including the proposed tax on
trades in cotton futures; but with the
settlement of the income tax rates IL is
expected the tariff bill will proceed rapid
~ to it's final passage. Its first reading
was completed late yesterday and some
OF the Senate leaders still believed to-
day that its. final passage would occur
next Saturday
Meantime preparations are under way
for opening UP the currency reform fight
in the Senate at an early date. While
consideration of the new bill has not
vet started in the House, the Senate
Committee on Banking and Currency will
begin hearings Tuesday, with representa-