The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-09-23
EXPECTS EARLY ACTION
ON WAR REVENUE BILL
Underwood Announces That Measure
VIII &c Brought Up In House
on Thursday.
FolR.HoUR LIMIT FOR DEBATE.
Republicans in Brief Time Allotted
Them VIII Oppose Pnssagc-Pros-
poet for Favorable Vote in Senate
Seems More Favorable.

WASHISGTON, September 22.-Early
disposition in tho House Of the War
revenue bill to raise approximately
Si05. ooO. 900 was forecast to-day when
Majority Leader Underwood announced
that 1t would be brought up on Thurs
day under Il rule liinitlnS ucpate 10
four hours.
Republican members In the brief time
TO he allotted them Will attack tho
measure along lines suggested to-day
In "a minority report MED by Rcprescn-
tativc Payne of New York, protesting
that there was no occasion for panic.
hasty action or hcadlong action to
heap heavier burdens upon the people
The Democrats were charged with OK
tr;,vaganvc. Failure Of the new tariff
10 meet expectations OF It's trainers al
so was claimed.
Tho majority report of the Ways and
Means Committee declared that the new
tariff laws and other sources of rcve-
nue. would have yielded sufficient gov
eminent revenue had 1T not been for
the European wa.
Prospects for early passage Of the
bill when II reaches the senate. admin
istration leaders said tonight. seemed
more favorable In view Of the capitula-
ton OF the Democrats III the rivers and
harbors hight Republican Senator's pro-
pose. however. TO debate II thoroughly.
The great nations Of Europe" the
majority report says. have gone to a
paper basis and gold has gone 10 a
premium international exchange has
been interrupted and must re estab-
liHhtd on a new basis. The usual
course OF exports abroad that we ex
pected To return gold TO the United
states within the next few months has
been Interrupted and intcrfcrred with.
bringing about a more or less democrat
tied condition Of business in our own
country. md has placed n tremendous
f,lr nh ~
is, therefore. deemed unwisc at this
time 70 withdraw government funds
from The banks because 1t would ne
ccssitatc tho banks. reducing their cred
reduce tho Treasury balance to :he
minimum and probably bring disastrous
condition TO our people.
1T. therefore, seems wisdom for
Congress TO levy a tax at this time 20
take care OF the deficit In our customs
revenue brought about by conditions
over which our government and cur
people have the control
The report cited Treasury figures in
an argument that the necessity for the
iee islatior cannot be traced TO the
tariff law. II estimated that the special
taxes Oh bankers, brokers. pawn brok-
'rs, Conme rcial brokers customs ouse
brokers, proprIetors OF theatres. mu-
scufns and concert halls in cities oil,
more than $4,000 population, proprie-
tors % CircuEcs and other public cX-
hihit.ons and shows, bowling alleys and
billiard rooms would produce an aE-
srcgate az sloOQo.QoO during tho FIRST
twelve months the law 81 H. effect.
Motion picture shows. whch are scat
tered in almost every hamlet in the
country, would b- taxed 800. under the
head o! "proprietors OF theatreE," etc.
IN cities OF $1,000. according To nam
hcrs Of the committee to-day.
The report est,c1atef that the tax
uOpn telegraph and telephone com
panics would yicld s1,5Oo.0O0 the nrst
car, tobacco dealers and manufactur
ors, sj,00c.o00