The Bennington evening banner. (Bennington, Vt.) 19??-1961, 1913-02-14
HOUSE DEVOTE
DAY TO DEBATE
ON TAXATION
Then Proceeded to Kill Bill BY
Big Vote
Amendment Made by Representative
Martin of Bennington Voted
Down.

Montpelier, Feb. 13.-Practically
the entire day was given up to dis
cussing taxation in the House. The
member from Rockingham, Mr.. Ry
der, started the discussion, shortly
after Speaker Plumley called the
House 10 order He said he would
ask for the yeas" and nays" on the
bill.
Mr.. Jose of Johnson proceeded to
dissect the bill and engaged in pas
sage at arms with Mr.. Cook of Lyn-
don.
Mr. Jose insisted that House Bill
5S5 was distinctly in the line of class
legislation and was designed to favor
the banks.
Mr.. Cook of Lyndon said some
bankers had urged him to oppose this
bill, which did not look as though the
money power favored it.
Mr., Comings of Richford said the
people expected some tax legislation
at this session. He urged the pas
sage of this bill so that the work of
the session could end
Mr.. Martin of Bennington said this
bill accomplished nothing, it was nei-
Their fiat rate nor an exemption bill.
He claimed that instead of abolishine
offsets 1t guaranteed them and that
this was banking bill He offered
an amendment attaching a referen.
DUN clause to the bill.
Mr.. Donnelly of Vergennes oppos
ed.
Mr.. Hulett of Rutland city opposed
the bill.
Mr.. Wright of Wiliston opposed
the amendment. He thought the
time was too short for a referendum
Mr.. Flynn of Dorset called atten
| ton to list of Rutland persona
property holders representing s2,14S,
512, while the Offset amounted to SO,
573,192.
Mr. McGrath of Georgia opposed
the amendment.
Mr. Crosby of Brattleboro and Mr.
| Weld of Berkshire favored the amenC
! ment
On motion of Mr.. Barry of Sprins
field the previous question was OIL
dered. Mr.. Martin of Bennington de
manded the yeas and nays and tn
amendment was defeated by a vot
OF n yeas and 1873 nays.
The noon hour arrived and the hui
CRY lawmakers went to lunch only I
return with determination to TAX
definite action this afternoon. TIL
bill came up as unfinished bushes
at o'clock and the question was
shall the bill pass?"
Mr. Ripley moved to amend by ado
ing to section 10, the following
But nothing in this act shall be col
strued to repeating or Amending Sc,
ton 500 of the Public Statutes.
(Section $40 relates to deductions /
assessing stocks.) The amendmer
was adopted.
Mr.. Flynn of Dorset opposed tn
bill as 1t provides an offset of so DC
cent on bank stocks and 80 per Ger
on personal property.
Mr.. Hapgood supported the mea
ure. Mr. Smith of Worcester had 4
tened in vain for some word whic
would show the bill a measure in m
interest OF the common people.
Mr.. Doten of Pomfret opposed N
bill, as the burden would fall heavi,
: on the poor farmer.
Mr. Crosby of Brattleboro elaine
! that the bill would shift the tax fro
: those who could afford to pay to n
, man who could i'll afford to pa
: sometimes ii is safe to do nothin.
? better no new tax law than OF
which is an injury to those who ca
r not stand more taxes.
Mr.. Gleason of Richford favor,
; the bill.
Mr.. Mcclellan of Plymouth fave
ed the bill because 1t abolishes O
sets, as did Mr. Chesley of Sheffiel
Mr.. Martin Of Bennington claim
the bill guaranteed Offsets instead
a5olishing them.
Mr. Wright of Williston believ
the bill would increase the stat,
revenue 100000 annually. because
r. the taxation of intangibles.
Mr.. Locke of Barton favored :
Dill 1t gets rid of the dishonest {
II SET, In part at least. In Barton. II
2, Dill would lower the tax rate
5 cents, the grand list being increas,
y Mr.. Weld OF Berkshire said
town would be obliged to raise 81,
5 more than at present.
n Mr.. Ryder of Rockingham cal
" Ior the yeas and nays, which we
u Yeas 81; nays, 1870; and the bill v
g. refused passage.
" House bill 5S4. relating to taxat
OF deposits in savings institute,
er and national banks. was passed
the House.
D Mr.. Weeks Of Middlebury thou
the bill was a revenue bearing ms
ure that would not work hardship
on the banks.
Mr.. Billings of Woodstock was
eiined to oppose the bill on
Continued on Fourth Page)