Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-04-15

&1he declaration that the question OF
maintaining American rights, and nor
l2fe possibility of the loan being re-
xnrned, was the question that faced
y congress. Representative Mann urged
that this country could not help the
saSttics with men or naval equipment
sitow. but that It could help with money.
and that II should do 4:
X amid a burst OF patriotic fervor. tho
Towner proposal was voted down. 213
10 3. even Towncr failing to vote for II.
~ Formally OF a roll call on the meas
s. nre would have been dispensed with II
d kevcral members who voted against the
NAr resolution had not requested that
3 they be permitted to vote for the rev.
anue measure. Consideration OF the
ways OF producing new taxes TO meet
An whole or In part the authorization
i will begin in the Ways and Means
gommitteo next week.
& - The House adjourned at 5 p. NJ. until
\ Up. NJ. Monday. Democratic Leader
Kftchin announced the House would
Consider the conference report the
general deficiency bin on Monday and
! then adjourn until Wednesday.
SisicSULTS ACCOMPLISHED
AS IT PASSES HOUSE
sSiAs ii passed the House tonight, the
bond bill accomplishcs these results:
~ IT authorizes the issue of longterm
bonds Of tho government at az per
cent interest for $1,000 000, 600.
sit authorizes the issue OF one-ycar
Treasury certificates at the same in
terest rate for $4,000, 100000.
=. 1t gives the Secretary OF the Treas.
ury and the President wide discretion
in thed etails OF the bond and ccrtif-
cate issues.
/ It authorizes the loan OF $4,000. 900 900
OF the money raised by the bond issue
: to the enemies of Germany. provided
the loan is made while the United
States is Mt war with Germany.
Z The measure was taken up In the
House at ] l o'clock this morning under
an agreement to begin discussion Of the
amendment under the fvc-minute rule
General debate closed last night Vot-
Ing on the bill itself began early this
afternoon.
sss;.'A feature OF the debate was the alb
sence OF partisan spirit.
An amendment to TIE bond bill by
Representative Shackleford to levy an
additional income tax with a view to
preventing any net income Of over $780,
600 annually TO any person was ruled
out of order on objection by Democratic
I,cnder Kitchin.
Representative Montague OF Virginia,
Democrat, said no hoped that IN the
present cxigencics the debt OF gratitude
. america owes to France in the days OF
americas weakness should not he for
gotten In the days OF Americas
strength. He had hoped, nc said, that
when France should reach, as she has
reached to-day, her cXtreinities that
America would unanimously show her
gratitude. France, he said, had given
America assistance that assured Amer
lean independence.
Representative Cannon, OF Illinois,
said that personally his sy,npa thics
would he more with Russia than with
other governments among the allies
because while other great powers dur
ing the American Civil War wavcred as
to Interference in behalf OF the South
crn Confederacy. Russia sent her feet
to New York, and by It's presence aided
preservation of the Union.
BELIEVES BOND ISSUE
WILL RE OVJ:RSURSCRIHFD
IEHcpresentative Graham, of PennsyI-
vania, agreed with Representative Mon
tague. He would like to say to Franco
that America would make her loan
with remission of interest and with
the principal payable at convenience. 70
show the world America was prepared
to set a new standard among the ma
lions of the earth and demonstrate that
republics are not unrratcful lie be-
lieved the bond issue would be over
subscribed by tho American people.
The Moore proposal 10 provide re-
demption In nifty years was rejected on
viva voce vote.
A letter from President Gompers, OF
tho American Federation OF Labor, Of
T. Tered by Representative Heating. OF
z Colorado. said the organization was In
favor OF raising as much of the war
revenue from taxes.,as possible.
Increases in inccmA inhcritances and
land taxes We're proposed Mr.. Gompcrs
made I: plain that labor was behind
tho war measure.
A flood OF proposed amendments de-
1ayed the hnel vote.
An amendment by Representative
Kitchin was adopted providing that not
only that part Of the 100000 900 bond
issue nrst offered a popular loan
should DO AT not less than par. but the
portion not subscribed for which the
Secretary OF the Treasury may other
wise dispose OF shall be Al not less
than par"
A proposal by Representative How
ard. OF Georgia, 10 write into the bin
a provision that bonds should be issued
in demon nations as low Az S25 was de-
Reated. on The ground that II should
be left 10 the Treasury Department