The Sentinel=record. (Hot Springs, Ark.) 1900-current, 1914-09-23

Washington D. c., Sept. 22-Early
disposition in the house of the war
revenue bill to raise approximately
sos, goo 900 was forecasted today
when Majority Leader underwood an
nounced that it would be brought mp
Thursday under a rule limiting de
bate for four hours.
Republican members in the BRIEF
time to be allotted them will attaeF
the measure along lines suggested TO-
day in a minority report filed by
Representative Payne of New York,
protesting that there was mo occa
sion for panic, hasty action or head
long action to heap heavier burden
on the people" The democrats wer'
charged with extravaganza. Fai .urf
of the new tariff to meet expectations
of its trainers also was claimed.
The majority report of the ways
and means committee filed with the
bill today declared that the new
tariff laws and other sources Of rev
enue would have yielded sufficient
government revenue had it not been
for the European war and consequent
decrease in customs receipts.
Prospects for early passage of the
bill when IT reaches the senate, ad-
ministration leaders POINTED out tc
night. seemed to be more favorable
in view of the capitulation OF th'
democrats in the rivers and harAor
fight Republican senators propose
however. to debate it Thoroughly t.
make a good record against the al
ministration's fsca policy
"The great nations of Europe the
majority report says have gone tc
a paper basis and gold has gone to ?
premium. international exchange ha'
been interrupted and must be estan
lished on a new basis The usua
course of exports abroad that we e,
pected to return gold to this country
Within the next four months Aas been
Interrupted and interferrcd with
bringing about a more or less demon
allied condition Of business in our
own country and has placed a tre
mendous strain on our banking facili
les. 10 is therefore deemed Unw .sr
ut this time to withdraw coye-nmen
funds from the banks because !.
would necessitate the banks reducing
their credits embarrass the crop
movement, reduce the treasury bal
ance to the minimum and probably
bring disastrous conditions to our
people.
1T therefore seems wisdom for con
gress to levy tax at this time 10
take care Of the deficit in our custom
revenue brought about by conditions
over which our government and our
people have no control
The report cited treasury figures in
IN argument that the necessity for
he legis alton cannot be traced to the
ariff law. 1t estimated that the
special taxes on bankers. brokers.
pawn brokers. commercial brokers,
customs house brokers. proprietOrs Of
theaters, museums and concert halls
in cities of more than $4,000 popnla
ton. proprietors Of circusies other
public exhibition shows, and billiard
looms would produce an aggregate Of
s10,000,000 during the first twelve
months the law is in effect
Motion picture shows which are
scattered in almost every hamlet ID
,he country would be taxed 800 UNI
Ter the head of "proprietors of thea
tres, etc" in cities of $1,000 accord
ng to members of the committee to
day. TIE report estimated that tho
ak upon telegraph and te cIAone
companies would yield &l5ooo.ooo the
first year. tobacco dealers and manu-
facturprs $1,000 600