The Richmond Virginian. (Richmond, Va.) 1910-1920, 1914-01-27
Bank Tax
Bill in Air
BOTH ADVOCATES AND OPPO-
NENTS CLAIM VICTORY
WHEN VOTE COMES.

| The weaver, bill last night. after a
stormy session in the house yesterday.
was floating in the azure and none
could predict its final landing. On
all sides were conferences, parleyings
| and propositions, but nothing could
be settled. and while some declare Its
passage is assured others declare with
equal vehemence that 1t will be killed
| when it is brought to vote today.
Rumors from all sides could be
heard In the lobby of Murphy's hotel,
but as these vary to such degree, it
Is hard to say what the final out
come will be.
1t is generally conceded that the
fate of the bill rests in the hands of
It's opponents. There is q strong ru-
NOR afloat. however. that an agree
ment has been reached whereby the
bin will pass the house this morning.
carrying with 1t a 20 cent rate on the
500 on bank deposits. the tax being
segregated to the State IL the senate
will concur.
1t was declared that Governor
Stuart had agreed to this. being sat
isfied with the victory of having adj
vanced the rate from cents to 20
cents
On the other hand. 1t Is declared.
the opponents of the bill will not line
up. and the bill will be defeated and
another bill introduced carrying a IS
cent rate.
Fight On Collection At Source.
The main fight has been on collect
ing the tax on money at its. source,
making the banks pay the tax in bulk
and collecting from individual ac-
counts the amount assessed. This 1t
is said will be stricken from the new
bill. provided no further agreement liz
reached, and the rate advanced to
meet the ideas of its opponents.
Then comes another question. The
senate has already passed the BILL or
practically similar bill. carrying as
an emergency a rate of 10 cents. II
/ is said that If the opponents of the
measure will pass the bill as 1t stands.
the senate will concur. and the bill
will become law before February
! 1st, and thus relieve the financial sit
uation, which the bankers claim to be
facing. owing TO heavy Withdrawals to
dodge the heavy rate of taxation now
prevalent
The opponents on the other hand.
IL is said will have TO receive further
assurances from the friends of the bill
before such an agreement can be
reached. and II now looks like dead
! lock on the eve OF passage, and poll
tic;ans and delegates are scratching
! their heads for solution OF the
problem.
To Sleep Over II.
II II known that twenty-five MEM
bers will stand for the defeat of the
Weaver bill, as an emergency meas
ure. provided something is not done.
and that quickly. Several have de-
ciared they will fight for the higher
rate to the last ditch, while others
have said they would vote for 1t
rather than get no relief at all Let
,ers and kilograms have been pouring
In during the day. urging first this
move. then that. until many have said
they could not tell just where they
stood until they had slept over 1t.
MIR Weaver. author and patron OF
the bill. stated that although he and
Mr.. Stuart did not agree on this par
ticular instance they were still strong
friends. and the tight on the bin would
in no way cause a rupture In their
relations He said for years they had
been warm personal friends, having
frequently visited each other in their
homes. Mr. Weaver vas a strong sup
porter Of Mr. Stuart In hts recent
campaign, having come out for him
Continued on Second page)