Bisbee daily review., 1916-09-07
Joint Conferees Agree to Side step Stamp Tax and Make Up Loss by Extracting 3 Millions From Arizona.
ADJOURNMENT SET
 FORWARD TO FRIDAY
Retaliation Measure Against Britain Will Stand; Amend ments Planned to Make it Even Stronger.
(By Review Leased Wire)

WASHINGTON, Sept. 6.-Elimina- tion of all stamp taxes in the emerg- ency revenue bill, seriously objected to by the House, was agreed upon late tonight by the conference committee, getting in exchange for this conces- sion their demand for restoration of a tax on refiners of copper.
 To make up a loss of about S7,OOO,- 900 revenue in sacrificing the stamps taxes the conferees are expected to agree to a suggestion of House mem bers that the profit tax on manufac- turers of munitions of war be in creased from 10 to 121a per cent.
 Sacrifice of the proposed stamp taxes puts the revenue bill back in accord with the original decision of the administration leaders to repeal all provisions of the existing war rev enue law which were generally regard ed as annoyances by the public.
 The proposed stamp taxes, now eliminated. included bonds, debent- ures and certificates of stocks, ware house and custom house certificates, foreign steamship ticket and Pullman car tickets. At midnight the confer ence declared that working out of the details of the report could not be con- cluded until some time tomorrow.
 The proposed license tax on cor roration stock. increases in the in- come and the inheritance tax, and the provisions creating a tariff commis- sion all were approved. Continuing appropriation of S300,000 a year for the tariff commission, was said to have been stricken out. The confer ence also was reported to have under consideration changes in the proposed taxes on wine.
 WASHINGTON, Sept. 6.-Plans of administration leaders to adjourn con gress tomorrow night were abandon ed tonight when the conference com mittee on the emergency bill indicat- ed that it could not reach an agree the earliest. The report may not be ready before Friday. therefore delay ing adjournment until Saturday.
 But the revenue bill is not all that is delaying adjournment. In the sen ate, filibuster has developed against the passage of the corrupt practices act. and various senators are clamOr- ing for consideration of minor bills. The general deficiency bill is held up in conference until report on the revenue bill is reached.
 Senator Kern. the majority leader, said he did not look for adjournment before Saturday. After an all day dis cussion of the revenue bill the confer ees had not completed discussion of amendments, when they adjourned dinner.
 Administrative features of the in- come tax provisions were the stum- bling block. They had settled the rates of taxation, however, and agreed finally that the normal tax on incomes should be two percent and that the senate amendments including the taxes on large incomes should be re tained in the bill.
 Consideration of the Senate amend ments empowering the President to retaliate against British interference with American trade and mails has been discussed informally in confer ences. There was no disposition to eliminate any of the provisions which have aroused diplomatic representa- tives of the allied powers in Washing ton but it was stated that one of the amendments might be revised. None of the cOnferees would indicate what change would be made