Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-10-03
Congress Finishes Long
DraWn-out Bill Which Pass
ed Lower House May % and
Upper Sept, 10,
ENORMOUS INCREASE
ON EXCESS PROFITS
Total Sum to Be Raised IS
About S2,7OO,O00, 900,
Though 1t May Not Be More
Than S2,500, 100000.


Washington, Oct. 2, -- Con
gress finished its work on the
great war tax bill late today when the
senate, following the example set yes
terday by the house, adopted the con-
ference report without roll call
More than two and half billion dol
lars of new taxes are levied by the
measure which has been in the maxi
ing since April.
VIII Go to President.
AS soon as the bill Is engrossed and
signed tomorrow by Vice President
Marshall and Speaker Clark, it will be
sent to President Wilson, who is ex-
pected to sign it Immediately.
Senate discussion today was brief,
participated in by but few members,
all Of whom realized futility of oppo-
sition. Most of the criticism was
upon the second class postage in
creases.
The speedy action on the confer
ence report raised members hopes
for adjournment of congress soon by
Saturday or not later than next week.
The administration sailors and SOL
diels' bill, which has passed the
house, will be brought up tomorrow
in the senate. The only other meas
ure the leaders expect to put through
before adjournment Is the eight bill
lion dollar deficiency appropriation
bill.
Ends Long Fight.
AS finally drafted after one of the
in congressional history, the revenue
bill, which was passed BY the house
May 23 by the senate after a
months debate September 10, draws
principally upon incomes and war
excess profits. AS passed by the
house it totalled $1,s6S, 100000 and
the senate raised it to 50, 5000, 900.
The conferees' draft increased the to-
tai assessment by about $750,000, 900
over the house and SIPS, 100000 above
the senate.
$S5OO0O,0OO From Incomes.
The bill is now estimated to raise
about $3.50, 100000 from incomes, cor
porate and individual, and about one
billion dollars from war excess profits.
Other major levies are 100000, 900 on
tobacco; about s275,O0O, 900 on liq-
TORS; s70,000,00O on first class mail;
40,000.000 on automobiles: ST7,500,-
600 on freight transportation: s6O,.
100000 on passenger transportation:
sac, 100000 from stamp taxes and
$50, 100000 from amusement admis-
sions.
Elimination of consumption taxes
on sugar, tea, coffee and gas, electric
and telephone service together with
house taxes on 1915 incomes and a
general 10 per cent tariff levy were
features of the evolution OF the bill.
La Toilette Displeased.
Vigorous criticism of the bill. par
ticularly the second class postage pro-
vision, was made by Senator Smoot
Many publishers. he asserted, would
be driven out of business. He and
other senators expressed hope that
before the new second class rates be-
come effective next July they will be
repealed or modified.
The closing speech was made by
Senator La Toilette, who reiterated
his opposition to the small amount of
taxation proposed compared to large
bond issues and his demands for
greater taxation of wealth. He said
he would defer until some time later
some observations he had intended
on the bill and matters connected with
It."
Many members of congress have
been expecting the Wisconsin senator
10 make an address in answer to petit
lions for his expulsion for alleged dis.
loyal utterances and actions.