Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1917-05-24
FRAMED TO BRING
IN S1,8O0,0OO,0O0
BY NEW TAXATION
Virtual Rcdrafting of Meas
ure in Senate Regarded
as Certain.
ALL OPPOSING VOTES
CAST BY REPUBLICANS
President Personally Makes
Known His Satisfaction to
Leader Kitchin.
CHANGES IN MANY SECTIONS
Proposed > Per Cent Tax on Adyer.
tising Is Voluntarily
Stricken Out.
CHANGES IN MANY SECTIONS
Proposed ; Per Cent Tax on Adyer.
tising Is Voluntarily
Stricken Out.
tBy Associated Prces.l

" ''''''' '.N1 I o.>' Iidy -o.-l nc WaT
revenue bill. framed to bring into the
treasury Si,S0o,000.Q00 through new
taxation during the coming year.
passed the House by a vote OF 329 to
I6 late to-day in almost the same form
that 1t was presented by the Ways and
Means Committee two weeks ago
All the opposing votes were cast by
Republicans. although there arc many
members on the Democratic side
strongly opposed to certain sections Of
tho measure. Virtual rcdrafting Of
the bill i'm the Senate is regarded as
certain. Material changes already arc
contemplated by the Senate Finance
Committee "as a result Of public hear
ngs held during the long debate in
the House. EinaI passage of the bill
probably cannot he accomplished in
| less than month.
! Outstanding features of tho bill are
the greatly Increased income. in
I neritancc, excess profits, liquor and
cigar and tobacco taxes; virtual aboli-
! tiun of the present customs free list
and a 10 per cent addition to existing
I tariffs: new taxes on manufacturers.
amuscmcnts, clubs, public utilities and
1 insurance: Il far-rcaching stamp tax
and greatly incrca scd mail matter
4 i6lt b6Htu VII TIC llfTtCl post zone
I system.
I SuBSTAN NTIAL CHANGES
IN FOUR PARTICULARS
7 In only four particulars does the
/ measure now differ substantially from
/ the original draft. Surtaxes on in
comes above $4,000 have bccn in
! creased about one-fourth above the
committee schedule Several articles.
| including print paper and pulp and
gold and silver. slated for 10 per cent
duty. have been kept the free list.
Slight reductions in the second class
mail matter rate have been made. y
/ proposed per cent ta.. on all advcr-
Using except newspaper and period
| ical is eliminated.
! Attacks on the bill i'm tho Senate will
center around the excess profits. in
/ come and manufacturers taxes and
! the second class mail rate increase Sec
tons. Business men generally arc pro.
| testing vigorously against tho taxes.
and virtually every publisher in tho
country is opposing the drasticaily in
creased mail rate.
In u final effort TO summon all OF
his party votes to support the measure.
| Democratic Leader I[itchn declared
/ that he had been informed personally
| by President Wilson day that he
did not desire changes in the bill in
the Senate. as had been currently re-
| ported. MIR. ktchin also appealed
/ earnestly to all members 10 supply the
/ President with money to carry on tho
war. now that the country is in it.
Il would feel like miserable
coward" he said. TO impose burden
/ on my children and my children's chill
! drcn TO pay for something for which
] they were not responsible. and yet re-
fuse to take out OF my pockets money
for my share OF the burden.
THINKS nILI. WILL RAISE:
TOO MUCH by TAXATION
Republican Leader Mann insisted
, that the bill would raise too large An
amount OF money by direct and inn
mediate taxes.
This bill approaches killing the
goose that lays the golden egg.' he
said. Indeed, afraid We are
/ killing that goose to- day
Mr.. Mann placed every possible OBJ
struction in the way OF the measure
thcnccforth even insisting on a roll
call on Il motion 10 rccommit II was
T defeated 40 TO l6l.
y light on behalf OF AUTOMOBILES
manufacturers won temporarily yester-
day by Representative Doremus OF
Michigan. was lost to-day. After
+ amending in the committee Of the
whole. the paragraph hNins . per
cent tax on automobile manufacturers
so that only those earning "a profit OF
$4,000 and per cent would be affected
the House, by vote of 2a3 10 ia, re-
Nersed itself. and the original para
graph granting no exemptions was re-