The Richmond Virginian. (Richmond, Va.) 1910-1920, 1916-03-11

stocks Or mining. Development. oilan,
the concern sksii have been invest
gated ana ire status AZ the companie
established. The bill provides for |
rigid inspection Of such concerns amt
prohibits ANY person. agent. broker
banker or empIoye from selling d
offering for sale such stocks or secur
tiles for sale In Virginia.
Flags On SchoOih0uses.
The House bill providing for plac'
/ ing United States flags on all school
houses WAS concurred in. Senator
Walker opposed the proposition. say
ing that his observation had been tina
the tendency was to put the fiat
where 1t brought disrespect. 1t wal
also expensive, the money having K
come from the school funds. In hi
section It was rot needed.
Can Vote by Mail.
With an adverse report from thu
! Senate Committee on Privileges ant
/ Elections, the Robson bili--to pro
| vide that voters who are absent from
may send In their ballots by mail and
have the same couuted---was takeT
up, and without any debate the bill
| was agreed to as 1t came from ths
| House.
Income Tax On Corporations.
The matter OF an income tax or
manufacturers and corporations OF
| per cent-other than banks, insur.
ance companies and public service.
was the source of an exciting de.
bate in the Senate yesterday after
noon.
The Senate Finance Committee re.
I ported an amendment to strike out al
reference 20 the tax on corporations
The matter was debated by Senators
! Goolrick. Trinkle and Conrad In op.
position to the amendment, while
| Senators Cannon and West support.
ed the proposition. The vote wal
taken on the committee amendmept
and It was rejected by vote of "a
to ..
Merchants license Tax.
The House bill. known as the ON
nibus- revenue bill. was next taken
up The House bill made a mini
mum license tax OF $40 and in
| creased the tax on purchases from
ten to twenty cents. The COMMITTEES
of the Senate reports an amendment
| fixing the rate at the figures as they
exist at this time.
Senator Walker opposed the amend.
ments OF the committee. and said thai
,he Icport VI lne Auultor VI uoti,
A - snowea ina So per zen. y
sno ne'cnan.s swose .ney we're e M
| purchases annually. He was salts
fed that this was misleading and un'
true In a vast majority OF tho cases
The. merchants paid less than thu
lawyers, except some few In the
cities.
/ wight session.
| Inc senate resumed cons'aeralioi
OF the mercnants license tax phi. ane
a1ter denating the mater TOT q rev
| minutes the House DILL making tns
mlnim nun TAX sIo ana twen.y CENT y
per sloo IN purchases IN excess q
100000. was rejected. and the Sen
ate FINANCE Comm1ttee amenoment
retaining the incense at the preseh
inquire. was adopted
Heat, dgnt. Pocwr ana water.
Inc Rouse Dill PROVIDES Tor a "a,
or as OF l per cent on the neat ugnt
water and power companies. The Sen
ate FINANCE Committee amended tni'
and recommended fiat tax OF ! PEI
cent, alioWln9 the communities ths
right to add q tax OF IL Of percent
The Senate rejected the Senate
amendment, the House Dill peine
adopted.
i =. Moving Picture License.
The Senate fixed the license tax or
moving pictures in towns of less thar
I 1000 at 500 year. This was adopt
ed. The House fixed the license a
i $50. Tnis 10 reduction OF siu IRON
the House bill.
I AppropFaauon bau Up.
Senator Garrett. chairman or TN
Finance Committee, called up IN,
general appropriation bill at s;s'
o'clock. saying that ne had surren
dered nearly ten hours ana wa
1orced TO insist tnat the measure o.
taken up. he regretted the delay
put said ne mad no apologies 70 make
The committee had been trying U
multiply TWO by Two ana make nve
The appropriation bill encounters
the difficulty OF meeting 1900. oo'
with q revenue OF $l4,6oo,ooo. I'M
bill on It's race carried about $loV'
600 more than the House Dill, put th'
House hai omitted several ftem
which the Senate had put IN. INT
COMMITTEES had named pruning
committee. which had cut n-anou
$4,000 and had done SO with mucf
reluctance.
An EFFORT to increase the salary O
the Assistant Attorney-General IRON
i S1.o0V 10 $S,ovv was reJecteo'