The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-06-23
MESSAGE WILL Be
GIVEN IN. PERSON
CONTINUED From First Page3
sage. urging currency legislation be-
fore the close OF the special session.
Can Hardly Refuse.

fore the close OF the special session.
Can Hardly Refuse.
Despite the opinions OF many House
and senate members against tho wis
dom of enacting currency legislation
1T this session. administration lead
ers tonight said they were nt loss
TO understand. in view of the urgency
with which President Wilson will pre-
sent the situation tomorrow, coupled
with the statement from tho Score
tary of state tonight. how there can
gross in complying with the Presi-
dents desires.
The currency bill. made public last
week. will DO introduced In both
houses, and tho House Banking and
currency Committee is expected to
meet carly this week TO begin consid-
Grafton OF tho measure Tariff viii
he under consideration by the Senate
Democratic caucus most OF :he week
senator Simmons. chairman o! the
Finance Committee, hopes the caucus
viii conclude with the revised House
BIZ by Thursday, but it is doubtful IL
the Dill viii be ready for tho iull
Finance Committee before Monday.
Certain Il is that tho Underwood Sim
mons bill VIII not he reported To the
Senate I'm time for general debate to
get under way before July A.
The caucus fight on free wool and
free sugar will he the important
event OF the week so far as tari,f
is concerned. Some spirited discus
sion is expected over the agricultural
schedule. but little real party dissent
is looked for When the majority
members OF the committee report on
the income tax feature of tho bin.
there may be lively discussion. IN
view OF wide divcrgcncy OF views
among Democrats as to the basic OK
has reduced from $4,000 - $4,000 FOR
unmarried persons Some Senators
think il should be still lower.
REM Reform in sight.
For the hrs- time in many years
real reform in congressional appro.
rriatons appears to be in sight In
the carly Congresses. all appropria-
ton bills had TO originate in one com
mittee. the House Committee on An
preparations but under the system in
vogue the past twenty years or more.
the Military. Naval. Post -otiicc and
other committees report bills Tor ap-
propriations. within their Jurisdiction
Representatives Fttzgerald Of New
York. chairman Of the Authorizations
Committee. will favor ccntrein:. of an
preparations in one committee in n
speech TUESDAY.
Inc caucus of the House Democrats
w edneSdtN afternoon will consider n
report from n caucus budget commit
tee. including Representatives. Under
wood. Fitzgerald, Shcrlcy. Carrot and
others favoring a budget committee
20 supervise and regulate all anpro-
session The caucus likely will dis
cuss Other matters. including the cur
rency bill.
Members OF the Democrats, congress.
slohal committee are lining IN for
| inc organization meeting tomorrow
hiSht TO elect officers and prepare for
inc coming campaign. Several previ-
Gus attempts 10 organize have failed
The leading candidates FOR the chair
| mahShip are Representatives Doremus.
| OF Michigan: Lloyd. OF Missouri. the
incumbent. who has offered to give
way 10 others after leading several
congressional campaigns: SABBATH. OF
Illinois and Cline, of Indiana.
Rcndy for Printer.
the subcommittee OF the Democratic
majority of the Committee on Finance
OF the Senate spent to-day in perfcct
ms The income tax amendment to the
80 I'LL III members put the
c!uSions reached last night by the full
committee into shape to go before the
caucus. 1t is understood that the
amendment will 20 to the printer to-
morrow and be taken up in caucus
Tuesday.
The committee reached the conclu-
! sion that incomes of mutual insurance
companies should be exempted from
taxation under the Underwood bill
IN so Tar as the companies are mutual.
Tie mutual insurance company Ques-
ton hiss been one OF the most difficult
/ that had to be dealt with in rewriting
/ tho income tax law. The committee
finally decided that many companies
that claim TO be mutual are only par
. TALLY so. and decided that the only
exemptions allowed this class of tax
payers should be upon so much OF
their incomes as may be actually mu-
tual.
The committee also decided to put in
/ the bill an amendment specifically
eXempting the incomes from invest
ments by states and municipalities