The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-15
DEMOCRATS FAVOR
DELAY ON WAR TAX
Strong Opposition In Congress
Holds Treasury Has Enough
Till December.
FEAR EFFECT ON VOTERS
Will Pass Measure II President
Insists, but Will Submit
Grudgingly.

WARRINGTON, Aug. i<--Strong opposi-
ton has developed among Democrats in
Congress to action at this time on a bill
to raise additional revenues. They argue
that whatever the effect Of the Euro
pean war on American finances the Treas
ury is In shape 10 keep things going until
Congress reassembies IN December.
The Administration contends that II
will be unwise for Congress TO adjourn
without providing means to raise emer-
Rency funds. The Administration lead
will be followed by Congress, but Con-
gress will act erudginsly. and Democratic
members fear the new revenue legislation
will react on them at tho polls next
November.
The prospective needs OF the Treasury.
due TO the reduction In customs that set
In Immediately after the war bfgan. WAS
discussed at conference held at the
Treasury Department to-day by Mr.. Nc
Adoo Representative Underwood and
Senator Simmons. II Is understood that
Mr. Underwood ventured a mild protest
against the passage OF a revenue bill
at this session. but gave assurances that
II the Administration wanted action he
would cooperate TO the utmost Like as
surances were given by Senator Simmons.
McAdoo Calls for Reports.
Immediately following the conference
Mr. McAdoo sent instructions to all
customs collectors TO make reports as
to the duties In sight and what further
reductions are likely TO be made On
receipt OF this information, which Mr.
McAdoo believes will point to the neces-
sity OF early action, a bill will be pre-
pared and PASSED through the House with
out delay.
Imports from Europe contribute about
$3.50. 000. 900 revenue every twelve months.
II is estimated that shipping operations
will be SO interrupted as 70 reduce this
yearly yield by two.thirds. or 100000
900. Democratic leaders Say the Treasury
has a bankable surplus OF approximately
Sac, 900. 900. OF this $50. 900, 900 Is on
deposit in national banks.
Secretary McAdoo offered some time aeo
to advance s32 100000 for the movement
OF the crops. As this obligation prob.
ably will have TO be fulfilled. and as the
Administration has decided as a matter
Of policy not 10 withdraw deposits from
the banks, officials say II might be haz-
ardous for the Government TO attempt TO
operate during the brief recess between
the two sessions with the amount now on
hand
To Present MIL Next Week.
IL u inc present lnVtrtiDn OF tHe Au-
minstrat!on TO recommend a war" bill.
and the general expectation Is that the
measure will be presented to the House
the latter part OF next week.
Despite optimistic predictions 70 the
contrary. leaders in Congress are begin
ming 10 fear that the present session may
merge with the regular session in De-
cember. The revenue hi is expected TO
prolong the current session. The House
under caucus methods will be IN a positor
10 put the bill through In twenty-four
hours. II necessary. but in the Senate de-
bate may run on as long as any Senator
wants 10 talk.
1t IL understood the Naturalization.
Will ask that the trust bill be displaced
In the Senate and the revenue measure
given the right OF way. This may cause
trouble. II is feared also that the Senate
may insist upon debating the revenue bill
in leisurely manner for a month or so.
In addition further shipping legislation
and legislation to permit the Government
TO Insure vessel. and shippers are 10 he
introduced so that all things considered,
the prospects for an adjournment seem
TO have gone agimmerins