Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1914-09-25
POLITICS PLAYS
IMPORTANT PART
|NED|sCUsS|0N
War Revenue Bill Comes Up
for Sharp Debate Between
Democratic and Republican
Leaders in Lower House.


Washington, Sept. 24.--Debate on
the administration war revenue Dill
was In full swing when the house au-
journed tonight, with passage tomor-
row by an overwhelming majority as
sured. The measure was taken up
under a special rule. limiting debate
to seven hours and barring amend
ment. over vigorous opposition from
the republicans and progressives, sup
ported by thirty democrats.
Democratic Leader Underwood and
Representative Payne of New YORK.
ranking republican member OF the
ways and means committee, opened
the discussion on the fight over the
rule.
/, Mr.. Underwood said the country
was facing worldwide disturbance
of business conditions and was SUI
lferine in a business way more than we
ever have suffered since the war be-
tween the states He said the pend
ing bill was necessary to meet an en-
tigeney over which the government had
no control, the European war. and
that ordinarily the present tariff law
would be adequate for expenses.
Government Money In Banks.
.Of the S75,000,00 in government
money deposited in the banks today,
$50, 900, 900 was put there by the pre-
tceding republican administration" Mr..
Underwood said, and the additional
$4,000. 900 had been deposited be-
cause Of the closing Of the stock ex-
change. the change of foreign nations
Ito paper basis, the dumping OF for-
ieign stocks and other reasons.
"f we had not gone to the rescue,
he added, "the result would nave
shaken the financial world from. CEN
itea 10 circumference
He said the democrats had followed
the Spanish war taxes of the repupli-
cans with few exceptions, and re-
minded the minority leaders that they
Iappro, ed the plan in 1928.
iSiunlcs Democratic Tariff.
Ecprcsentativo Payne declared thai
the trade balance against the United
states In the first thirteen months OF
THE democratic tariff law exceeded
5000, O6Q. .60U. and that responsibility
flor financial troubles row lay at the
ldutt CT ,he democratic tariff. lie as'
scrfef that in 1916 there would 's
!. no revenue from sugar and asked
where the democrats would get the
$40. 600. 600 to counteract that loss
which he said merely would be taken
out of the treasury and handed over
to the sugar importers and refiners
!, since sugar is no cheaper to the cor
sumner.
Mr.. Payne reminded Mr. Underwood
that nc and other democrats opposed
the republican Spanish war tax.
Hob-on Enters Protest.
During the fight over the special
rule. Representative Hobson. OF Ala
bama, protested against the provision
against amendments declaring his OPP
.. position to the proposed tax on beer.
Democrats Of the senate finance
I lcommittee met tonight to get flyinl
| start IN the bill. which will be IN
, their hands as soon as II comes IRON
the house tomorrow The committed
spent several hours going over the
treasury estimates based on the Items
In the bill and will endeavor to make
certain that the estimated revenues
will yield the amount needed Tor ths
lexpected treasury deficit.
Some members of the senate com
mitfee believe revenue could better hs
arrived from a manufacturers tax on
Automobiles instead of a tax on easo'
line. Nothing was done tonight VIII
this suggestion, but II viii be eonsiu'
; cred later.
The committee democrats met TO-
nipht because Of desire OF the senate
"a adjourn as soon as possible.