The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-27
HOUSE DEFEATS
TAX XONDEPOS|TS
AT THEIR SOURCE
Lower Branch Rejects
Amendments by Vote
Of 56 to 80.
RATE OF 20 CENTS
is AGREED UPON
Bill Will Reach Final Vote in
House To-Day-Members Want
Itemized Statement From
State Institutions as
to Their E Expendi-
lures and Needs.

Delegates yesterday rejected amend
ments to the Weaver money tax bill
winch would have inserted the rate OF
% cents on 500 and the provision for
eoiiecting at the source as advocated
oy Governor Elect Henry c. Stuart
AFTER disposing of "a number OF other
amendments, the bill. carrying n 20
cent rate, by a vote Of Go to is. was
oroered to Its third reading and en-
grossment. 1t will come up to-day on
it's final passage.
AS the bill now stands 1T provides
tor the segregation OF taxes on money.
Whether In bank or elsewhere, to the
state alone. forbidding taxation of this
FORM OF property by the counties, cities
or school districts, and for the as
Sessment and collection through indi-
.vidual returns to the commissioners of
the revenue as heretofore The bill
specihcaily applies to any money on
deposit with any bank or other cor
poration. nrm or person, or in the pos
session or under the control of tho
owner, whether such money be actu-
ally IN or out of the State No citi-
zen OF virginia, therefore. can either
iegaiiy or morally gain any exemption
by the mere subterfuge of withdraw
ing MS money from bank over the tax
ing period nor will he be able to es-
cape grand jury investigation into
ms tax returns by depositing his money
al paHh III some other State.
May Get Required Vote.
The act as now pending on its final
passage carries the emergency clause
taxing effect at onco, and requires o
tour-hfths vote for Its passage. The
votes on various amendments yester-
DAY showed n clear majority against
the feature of collecting at the source
Ethat Is. OF having the banfss assessed
ior the total amount on deposit the
banks TO charge this assessment ut 20
cents per 500 to each individual de-
positor No VOTE however, indicated
II majority of four-ifths
1t is up to the opponents Of the
Dill. said its patron, Mr. Weaver, yes
terday. 1T is no longer amendable.
but is on Its final passage. They can
either take it or leave it. Personally.
am quite certain that enough mem
bers OF tho opposition will prefer to
enact this bill. rather than have the
Old State and county rate, varying
from $3.50 to $50, apply to the 1914
assessment. we have increased the
rate from cents TO 90 cents to meet
their views, and as we have shown
majority against the plan OF taxing
NJ lts source, we think they should
fail in line and vote with us for the
immediate passage of the bill"
Sennte Bill on Calendar.
Should enough members stand
because of the omission OF a more cer
tain method of collecting the tax. the
Iisht Tor relief is not entirely lost. as
the Echols bill passed by the Senate
hNing the rate at 10 cents. is on the
calendar, Technically. the Senate bill
comes up first. but Will probably bu
passed by to allow q final vote ON the
House bill now pending
The House was opened Mt noon wifi
prayer by Rev. Mr.. Buck, the member
from Washington County Mr.. Wood
ward, of Norfolk. presented a letter
or apology from DR. Llvius Landlord.
Oh Norfoik. for II speech he had made
rehecting on certain members OF the
iouse, and on motion OF Mr. Hobson
me apology was accepted, and the let
Ter ordered spread at length on tho
journal of the House
Mr. White offered resolution in
structinS the House Committee on An
propriatlohs TO require not later than
February 10 from all State institutious
ihcluding universities, normal schools.
colleges. asylums boards, and all other
institutions and departments to which
state money Is appropriated, n written
iteml"ed statement OF all money asked
Tor. so listed as To show the exact
purpose for which the money is desired.
ne appropriations Committee is di-
rected before reporting any general hill
to have printed an itemlzed statement
showing the exact purpose for which
the money Is appropriated. and deliver
q copy to each member of the House.
rms docs not apply to the fixed an
nual charges or the State
Wants Itemized Statement.
Every session. explained Mr. White,
we are presented with bill carry
ing about $1,000, 600. mainly in lump
sums There has been criticism all
over the state of apparently wasteful
expenditures by our higher lnstit,,
lions l do not know whether these
criticisms are we'll founded or not.
but In voting more money we would
ike to know item by item Just ex-
hct!y what betterments are proposed"
Efrorts were made to have the reso-
iution referred to the Committee on
Finance, but the House refused so to
refer 1t. Judge Martin Williams re-
marked that the members not on that
committee not only had right to
know what the institutions were going
to do with the money appropriated.
but should also know what was done
with the money given them ut the last
session. The boards did not own the
institutions, he continued: they were
merely agents for tho taxpayers OF
the State, and II was no reflection on
the integrity OF an agent TO call or,
him for n statement OF expenditures.
Tho resolution was adopted #
The Money Tax Debate.
The money tax bill consumed the a
rest OF the day, being under discuss
sion on the floor for nearly four hours. 8
Judge Martin Williams opened the lsiia
cussion with the statement that tho ~
man who has money In bank was in s