The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-06-25
ADMINISTRATORS Features
Of Measure Also
Altered.
REVISED SECTIONS
LIKELY TO STAND
Senate Democrats in Caucus
Spend Entire Day on Wool and
Sugar, and Simmons Secures
Agreement to Vote Upon
Both by 4 O'clock This
Afternoon.
II shinrfn,

| Washington. June 24-Radical
changes in the income tax plan OF the
Underwood tariff bin. and alteration
of the administrative features of the
measure TO overcome most OF the oh
jections raised by foreign governments
were agreed upon IN tentative way
to-day by the Democratic members of
the Senate Finance Committee.
The income tax, under the new plan
would apply 10 individual incomes over
$4,000: but would make important eX-
emptions for individuals. municipali-
ties. civic bodies and mutual insurance
companies Changes in the admins
trative sections include new provi-
sion giving the President authority to
Increase tariff duties against certain
foreign articles coming from coun-
tries that discriminate against the
United States.
in tariff on goods brought in Ameri-
can ships. the antidumpins clause.
and the provision giving United States
authorities "inquisitorial powers" to
! examine books OF foreign manufac-
ture when the valuation of goods is
in dispute. were stricken out These
provisions brought protests from many
Further Changes Possible.
Democrats Of the committee made il
clear to-day that some further changes
might be made in the income taX and
administrative sections before they
were reported 10 the Senate caucus
( but the revised sections as made pub
lie to-day are expected to stand with
but little alteration until the caucus
reaches them.
/ re In
bill spent the entire day on wool and
! sugar. Just before adjournment TO-
/ night. Cha airman Simmons. OF the III
/ nance Committee. secured agreement
to vote upon both not later than I
O'Clock tomorrow. No amendment to
the free wool provision has been Of
fered. but the minority Senators will
have an opportunity to express their
| opinions on two sugar amendments
Senator Shafroth offered 10 fix the
rate at the end of three years at about
one half cent pound instead of the
free list provision now in the bill. SEN
ator Thornton offered the second
amendment TO provide that the rates
remain as they are in the Payne-Al-
rich act.
Free SuEnr Mny lie Retained.
1t was regarded as proba BILE tonight
/ that the antifree sugar men would get
/ together tomorrow before the vote is
taken 10 decide to concentrate their
support behind one amendment if the
/ other is beaten. Leaders of the ma
! jority were confident that despite the
oratory against free sugar IL would be
| retained III the bill, and that only the
two Louisiana Senators would be
! found opposed to il when the measure
reaches the Senate.
Under the proposed new form of the
! income tax an additional exception of
81 900 would DC allowed to married
I,,,. ta1 Nt-ifl
wives or husbands. not taxable under
! this la ". and $500 would be added for
each dependent child living with and
dependent upon the taxable parent. In
cases of both parties being taYable.
! however, no exemption for children
would apply.
! Other important changes in the plan
include the exemption from taxation
of that portion of the premiums col
lected by the mutual life or mutual
marine insurance companies, which
may he returned 10 polcyholders in
the form OF dividends. The taxation of
this portion of their income had been
bitterly opposed by the insurance COM
panies The Underwood bill had
exempted only mutual fire insurance
companies on this basis.
Chambers of Commerce. civic bodies
and cities. counties and States are
added to the class of organizations
whose incomes will not be taxable.
License TO he Required.
TO secure the payment of tax upon
coupons. checks or bills of exchange"
! collected for foreign residents, Il pro-
| vision added requiring all firms
collecting such funds TO secure a license
from the Commissioner of Internal
: Revenue, so the amount OF their col
| lections might at any time be inquired
| into. The revision of the administra-
| tive features eliminates many of the
| reforms proposed i'm the Underwood
bill as il passed the House. The SEN
ate committee proposes an amendment
however. providing for joint commit
tee to Investigate the revenue admin
| istration laws with the view to sim
plifying. harmonzing, revising and
codifying" them
| This committee would consist of
three Senators. to be appointed by the
| Vice President. and four members of
the Ways and Means Committee, to be
appointed by the Speaker, and their
recommendations would be required to
lie reported not later than February l.
1914. An appropriation of $4,000 for
| the investigation is recommended. The
specified articles and rates to which
the authority of the President to make
retnliatory increases in duties would
not extend are as follows
Fish, all kinds, 1 cent per pound; :;
coffee. cents per pound; tea. 10 cents
per pound.
vi the foilowlng articles, one and
one-fourth times the rate specified in
! the bill:
"Earthenware, stone and chinaware
expressed oils. lemons, cheese, wines of
| all kinds. malt liquors. knitted goods
silk dresses and silk goods, leather
gloves, laces and embroideries Of what
ever material composed. and articles
made wholly or In part of the same: /:
toys. jewelry and precious. semipre.
cious and imitation precious stones
Continued on Sixth Page.)