Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1913-08-29

WOULD AMEND INCOME TAX
LAW 10 STRIKE AZ TRUSTS
says Amendment We Rejssesd q
essrse Caucus Withsut Fair Tea q
Parry osntimen>-tiiliiasws, Cum.
snins and othsss Take Part In Stir.
'in0 Debate In Upper Aevss.

s"os sVus AUBs 10s-Io000e1a4S0Q
Of the democratic senate caucus n -
political machine" by Senator Hitch.
cock. one Of the democrats Who -.
fused TO bs bound By tho caucus on Ill
features on tho taEin bill. marked 10.
days nsht on the income tax.
why should senators b expected %
be bound BY the hasty Decision e Z
party caucus on details of the income
tax" demanded Hitchcock. .Why
should they bo expected to vote down
every amendment. however good, sim.i
ply because 1t comes from tho other
side OF tho chamber Why should the
income tax section not be amended
here on the noor Of the senate Il de-
bate convinces senators that il should
be7'
Tho insurgent democrats who yeo>
terday demanded that tho bill -
changed to increase the income tax "a:
large fortunes apparently had galned
strength and insisted that they would
force tho party conference late today
or tomorrow to make substantial In
creases. SENATE leaders were prepared
to grant concessions. but insurgsnts
WGAo HoN o0AonCU SuAk SuoI V1VOOU8l0
would fully meet their Views.
Would psnalixs Trusts.
Hitchcock's attack was delivered In
connection with his amendment for
heavy penalty tax on trusts or monop-
olics controlling more than one fourth
OF the country's production or trade IN
any given line. Five per cent woui1
be added to tho incomes OF corpoea.
Arl~ a.
third Of all business In any given lines
third to one-half. and 30 per cent -
would apply to no corporation capitals
ized for less than $50. ~. .o0e.
Senator Hitchcock declared &hi1
amendment had been oasssd IN che
caucus and beaten 90 TO 10. but no
alleged 1t had not been an open dghS
| there.
No Fair Test In Caucus.
ut was not even Q fair test Of cou.
Gus strength" said he. For there was
. caucus within . caucus. Tho nauo
members OF the finance committee
voted as unit. without regard -
their individual convictions. II was
wheel within u wheel, q machine
within machine.
Caucus rule makes public debate
in the senate farcical. Senators Will
not even remain In their seata to hear
them; caucus rule kills the very spirit
Of legislation. This income tax section
instead OF being hero . thing Of life
and interest, lies in this chamber q
verltable corpse.
Amendments have BEEN offered
from tho republican side by senator's
who have made q study OF tho income
tax. They were not contrary TO any
| democratic doctrine: they would not
endanger the bill.
With other democrats senators ]
have I'D to this time felt bound with
these obnoxious caucus rules. Now.
however. we have reached point
, where I feel FREQ to take another
course"
Antitrust Lawn Failurss.
| Senator Hitchcock added In support
| OF his amendment that tho and-trust
| laws had proven failures % Tar ~
checking monopolies ana trusts were
concerned. He declared his amend
ment. he believed, would prove an
effectual check ON the illcg!timate con-
troll on the market by great trusts,
| The amendment was endorsed oy
Senator Bristow. who said he did not
! believe the corporations would Do Aoie
| to pass the tax on to the consumer.
| Senator Williams. in charge OF the
income tax sections Of tho tarin DILL.
said:
"The democratic party In the full'
! ness of its wisdom would deal COM
| prehensiveiy with the TRUST and onr-
rency questions but It did not propose
to load down . tariff bill with the ai-
legged reforms Of senators along these
| Ines"
Party dissention veered to the rspup.
! lican side when Senator Cummins pre-
d,cted that the Hitchcock amendment
| would probably be assailcd - another
attack on holy writ. ~ Senator Lodge
had assailed income tax amendments
i Yesterday. He denied there was . cam.
| paign on foot against wealth. but de-
clared there was Q campaign against
"unscrupulous watering Of stock" such
a. no declared occurred In the steel
corporation and the Chicago q Alton
deal.