The Lancaster news. [volume] (Lancaster, S.C.) 1905-current, 1916-09-08
ADMINISTRATION MEASURE DE.
SIGNED TO RAISE s2o5,ooo, 900
ANNUALLY.
INCREASES INCOME TAX
Taxes lnheritances and War Mum.
lions, Creates Tariff Commission.
Puts Protective Duty on Dyestutf.-
Vote In Senate Was AZ to is.

revenue bill. designed to raise s2OE
ooo,oOO annually from taxes on inheri.
tances and war munitions and from,
increases in the income tax, creating
tarin commission: establishing n
protective tariff on dyestuffs: provid.
Ing FOR protection OF American firms
from dumping" at the end of the war
and giving the President authority to
take drastic retaliatory steps against
Allied interference with American
trade. was passed by the Senate The
vote was AZ to 16. Five Republican
Senators. Cummings. Kenyon. LaFol-
le'te, Norris and C!app voted for the
bill
Eliminating the usual formalities in
order TO insure early adjournment OF
Congress. the Senate rushed the meas.
ure. the last on the Administration
legislative program. immediately to
conference
The Senate conferees appointed
were Senators Simmons. Williams.
Hoke Smith, Hughes. Penrose. Smoot
and McCumber.
Fights Tariff Commission.
Ihe Senate was in session until
after midnight. 1t practically had
completed the bill earlier but toward
midnight Senator Underwood moved
TO strike out the section which would
create a tariff commission and began
a last fight against this provision
which already had been agred to.
by vote OF So to the Senate re.
Jected Senator Underwood's motion
thus retaining the tariff commission
section of the bill Senators who
voted to eliminate it were Bankhead
Hardwick. Shields, Underwood and
Vardaman.
motion by Senator Penrose to
send the bill back to the Finance
Committee with instructions that II
report measure 20 raise revenues by
protective tariff and with special
provisions for industrial defense was
rejected by vote OF 50 to 2l Sen
ator LaFollette was the only Repub-
ncan TO vote no.
To increase Government revenue
'he Dill provides for doubling the
normal tax and increasing the sur
taxes on incomes; al. inheritance tax.
net profit tax on manufacturers Of
munitions OF war, a license tax on
stock OF corporations capitalized at
more than $4,000; excise tax on
beer, wines and liquors and miscel-
laneous stamp taxes.
The bill also creates United States
tarlH commission of six members
whose salaries shall be $500 a year
despite an effort made to increase
item to 10000; provides for increas.
ed tariff duties on dyestuffs to en-.
courage their manufacture in this
country and makes provision to safs.
guard against dumping of foreign
made goods after the European war
into American markets.
Webb's Bill at Issue.
Drastic amendments to the bill
striking at the Allied blacklisting OF
American merchants. discrimination
against American commerce, interfer-
'ehce with American mails and en-
bargoes on American trade were in
corporated in the bill to arm the
President with retaliatory weapons
These amendments have created con.
sternation among diplomatic repres-
ehtatlves OF the Allied Powers In
Washington who assert that II finally
enacted as now seems certain, thew
would constitute non-intercouse act
Passage OF the bill and adjourn
ment OF Congress we're threatened
Tor time by an attempt to attach
90 the measure the Webb bill desired
by the President permitting Ameri.
can firms to establish collective saII.
ing agencies abroad.
When Senator Lewis OF Illinois
submitted the bill as an amendment
he was promptly assured by Senator
LaFollette that 1t would provike pro.
longed discussion, II pressed. Sena.
tor Lewis thereupon withdrew the
amendment. announcing that IL would
be pressed as a separate measure
having already passed the house early
In the December session
Late at night vain effort was made
by Senator Husting OF Wisconsin to
amend the bill by providing for pub
fcity, in the discretion OF the Presi
dent of the Income tax returns of in
dividua's.
Retaliation Against Britain.
Amendments designed to provide
means OF retaliation against Great
Britain for embargoes on American
goods, the trade blacklist and inter.
ference with the mails. were agreed
to without roll calls and were unop.
posed In debate.
The bill creates a tariff commits.
sion, recommended by President Will