The Birmingham age-herald., 1914-09-23
EARLY PASSAGE IF WAR REVENUE BILL IN HOUSE FORECAST Underwood Will Bring Up Rule Limiting Debate
 Thursday-PrOspects
 Are Favorable

Washington, September 22.-Early disposition in the House of the war revenue bill to raise approximately stO5.o0c.oo0 was forecast today when Majority Leader Underwood announced tha, it would he brought m Thursday under a rule limiting dcbntc for four hours.
 Republican members in the brief time to be allotted them will attack the meas ure along lines suggested today in a mi nority report filed by Representative Payne of New York, protesting that there was mo occasion for panic, nasty action or headlong action to heap heavier bur dens upon the people," The democrats were charged with extravagance. Fail ure of the new tariff to meet expecta- tions of it's framers also was claimed.
 The majority report of the ways and means committee, filed with the bill to- day. declared that the new tariff laws and other sources of revenue would have yielded sufficient government revenue had 1t not been for tho European war and consequent decrease in customs receipts.
 Prospects for Early Passage
 Prospects for early passage of the bin when it reaches the Senate, adminstra ton leaders pointed out tonight. seemed to be more favorable in view of the exploitation of the democrats in the rivers and harbors fight. Republican senators propose, however. to debate 1t thoroughly to make a good record against the ad- mnistlation's fiscal policy.
 The great nations of Europe the ma jority report says, have gone to a paper basis and gold has gone to a premium. International exchange has been inter- rupted and must be established on a new basis.
 'The usual course of exports abroad that we expected to return gold to this country within the next four months, has been interrupted and interfered with. bringing about a more or less demoralized condition of business in our own country and has placed tremendous strain on our barking facilities. It is, therefore. deemed unwise at this time to withdraw government funds from the banks be- cause it would necessieate the banks re- ducing their credits, embarrass the crop movement, reduce the treasury balance to the minimum and probably bring dis astrous conditions to our people
 "It therefore, seems wisdom for Con gress to levy tax at this time to take care of the deficit in our customs reve- nue brought about by conditions over which our government and our people have no control'
 Cite Treasury Figures
 The report cited treasury figures in an argument that the necessity for the leg islation cannot be traced to the tariff law It estimated that the special taxes on bankers, brokers. pawnbrokers. com mercial brokers, customs house brokers, proprietors of theatres, museums and con cert halls in cities of more than 1500o population, proprietors of circuses, other public exhibitions and shows, bowling all leys and billiard rooms would produce an aggregate of s10000,000 during the first 12 months the law is in effect.
 Motion picture shows, which are scat tered in almost every hamlet in the coun- try. would be taxed s100 under the head of .proprietors of theatres" etc., in cities of 15000, according to members of the committee today.
 The report estimated that the tax upon telegraph and telephone companies would yield s1 ,500,0O0 the first year, tobacco deal CTS and manufacturers $5 100000