The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-01-24
Wide Differences as to
Rate and Method of
Collection.
EMERGENCYCLAUSE
is STRICKEN OUT
Delegate Jordan Offers Substi-
tute Bill in Line With Views
Expressed by Governor-Elect
Stuart, Which Provides
for Collection at Source
Through Local Banks.

TWO hours of debate yesterday In
til. House OF Delegates over the aues-
tlon OF taxation on deposits in bank.
while II reached no fnal action, served
to show a wide difference Of opinion
Oh the part OF members. The fight
will be renewed to-day. when tho re-
suit of conferences held last night
with the hope OF a satisfactory COM
promise will be outlined. The House
refused TO take UP out Of It's order
the bill already passed by the Senate
scgregating the tax To the State and
prohibiting taxation of bank deposits
by the counties and cities. and fixing n
l0-ccnt rate for State taxation.
9 Later. the House bill. similar in its
general provisions. was reached on the
calendar. Realizing that there was little
chance OF securing three-fourths
vote for the bill at that rate. its pa
tron Mr. Weaver, moved to strike out
the emergency clause, which motion
MAS adopted. motion to reconsider
this action, with n view of compro-
missing on higher rate of tax. was
pending when the House adjourned.
Jordan Offers Substitute.
Delegate Jordan offered as a substi-
tute the bill supported by Governor
Elect Henry G. Stuart. proposing for
segregation OF the tax to the State.
for collection through tho banks. each
bank paying on the total OF Its de-
posits. less outstanding checks. and
charging the tax pro rata to each de-
positor, thus insuring to tho State
the absolute collection This phase OF
the bin followed lines laid down In
tho new Federal income tax law
After adjournment several members
stated that they would prefer TO meet
MIR. Stuart's views as 10 25-cent rate.
with an emergency clause, having the
bill take effect before February I. the
-Tnntfaf fS@Taxing date, rather than the
adoption of the Echols- w eavcr bill by
n mere majority vote. imposing the
io-cent rate. but not taking effect in
time to AFFECT the 1914 assessment II
the bin cannot be made effective before
February 1. It was argued tho whole
matter might well go over for con-
sideration later In connection wlth the
general subject of tax reform. Chair
man Weaver did not join in this view
but thought IL would be reassuring to
invested capital to have decisive action
In sogrcgatlng the tax and lowering
the rate, even though tho law did not
take effect until later In the year.
Approve Norfolk Dry Dock.
After the House had by unanimous
vote repudated the remarks of Dr.
l.ivius Landlord. OF Norfolk. against
those who voted I'm opposition TO the
enabling act, Mr.. White offered and
secured approval OF resolution in
dorsing Norfolk as site for the pro-
posed s3,ooo,ooc naval dry dock.
The Echois bill, providing for the
segregation of tax on bank deposits
TO the Ptate and fixing the rate at 10
cents on $780, came UP on the calcn-
dar as Senate bill No. / or its second
reading
While do not want to delay this
matter" said Mr.. White. II do not
wish unduly to hasten the passage of
a bill which believe is fraught with
such momentous consequences to the
state. have never seen moro un-
reasonable or more desperate lobby
than that which Is attempting to rush
through this bill, without giving time
for members to read or consider It.
have never before seen such an attempt
10 huddle this Assembly together and
stampede il like q flock of sheep
1T seems strange procedure"
agreed Mr.. Jordan, Ito rush through
bill before 1t has been printed. I
want to offer n substitute. but would
like an opportunity TO read the original
Grst"
Refuse to Advance Senate BilI.
Chairman Weaver of the House
l'inauce Committee, defended the Sem
ate bill us being i'm many respects
identical with the measure already re-
ported by his committee after n me-
morable hearing, in which both Gov
ernor Mann and Governor Elect Stuart
participated.
The vote was taken on Mr.. Weaver's
motion to dispense with the further
reading OF the bill. The vote stood:
ayes. So; noes 35, and not being a
two-thirds vote, II was declared re-
jccted.
The roll call, which was regarded
as the first test OF strength on the
issue, was rs follows:
Ayes: Mcssrs. Baker, Barley, Birrcll
Brewer Brown, Browning. CHAPMAN
Clement. Cousins, j. Q. Daniel Dodson,
Duke. Earman, IIaslcy, Flanagan
Grasty, Green. Gum, Harris, Harrison
Hartley. Ilefin. Hobson. IIorner. IIous-
Mallfcn. Mcctze. Miller, Milstead, Monta-
que, Noland Oliver, Owen, Philpott,
Pitts, Reed, Rolston. Harry b. Smith
Spatig. Stock. Taylor. Tiffany, Toney,
a. g. Weaver. Willis. Woodward, Cox
52
Noes: Messrs Bonifant, Cawthorn.
Challiley, Cummins. Crockett Dalton,
j. William Daniel, Grant, Gregory, Cor
don, Harvey, Huff, Jordan, Lewis, Mas
sic, Myers. Nelson, Norris. Page, Pen
nington. Powell. Price. Radford, Rev,
Robertson, Francis w. Smith, Spes-
sard. Stearnes. Stephenson, stubbs,
Walton. H. c. Weaver, White. Williams.
Winston-35.
VIII Come Up To-day.
Tho House having refused to sus-
pend the rules, the bill was passed to
Its third reading, and will come up In
the form In which it passed the Senate
ms tho first bill on the calendar for
to-day.
After several intervening Items of
minor Importance the House Bill on
segregation of tax OH deposits In bank,
offered by Mr.. Weaver, was reported
Continued On Second Page.)