The daily banner. (Cambridge, Md.) 1897-2008, 1917-09-04
HIGI|fR0FI1S TAX
LOSES SEH..aTE
Flat Increase Of 70 and 81
Per Ceni. ire beaten.
VOTED $3.50 kaO 53-17
Final Vote on Much Debated War Tar
Sill Will Be Taken in the Senate
Tomorrow.

Washington, Sept. 1.-THE senate
spent the holiday in the shapes
clashes OF its fight over war profits
taxation ana again decisiyeIy defeated
proposals OF the higI tax advocates.
Senator Lafollette's maximum
amendment for war profits taxes, pro
posing a fiat increase OF 90 per cen
over existing rates was rejected y {
vote of SO to 20. Another by the Wis
consin senator for 81 per cent in
crease was defeated. IS Is Il.
The final vote on the war profit:
section is to be taken tomorrow. hlt
the bills provision as now writ en- 70,
an increase of about one-third. or 81.
eco. 900 is expected to stand An
other amendment by Senator Laf0llet
re fer a GO per cent gross levy will
come up. together with c3mnIet,
substitute proposed by Senator Hclii'
for the finance committees compro
Mise provision.
But three recruits were gained /,
the voting by the high tax advocates
In addition to the seventeen who vot
ed Saturday for Senator Johnson:
maximum proposal Of an 50 per cen
tax. Senators King, Mcclellan anC
Trammell voted for both of the Lafol
lette proposals. On the SIS PER cen
increase the high tax strength wa
reduced through the early departure
Of Senators Ashurst. BRADY and Gore
4 few additions arr expected OF
other pending amendments for varioT
fat taxes down to IS per cent. bu
Senator Rorah said after the vote OF
Senator Lafollette's maximum amend
ment that the bill probably would g
to the president bearing its presen
total tax levy Of 50 500 0a0. con.
MANY phases Of the war situation
were discussed during the holiday de
bate of seven hours. three of which
were occupied by Senator Laf0u cite
in another vigorous speech for bighe,
rates on what he termed "bl0od pro
fits His remarks caused senate
Simmons. chairman IF the fuaDca com
mittee. to suggest that the Wisconsin
senator was Alternating to f|hoodwink'
the senate, and provoked Two ll
clashes. in which both senators weri
declared ont Of order by the presidin'
officer
Senator T.afollette contended tina
the committees new nIan world no
increase the tax burden Of great cor
porations. brt would eXempt thoi
large SURPRISES This was vehem NIL
denied ny Senator Simmons.
Senator simmons declared tat NJ
der the bill ae if now stands. at leas
half the cornn~atiors Of TIE c0Tntr.
will he taxed more then before. tn
tax alone Of tho steel corporation
amounting to s1S3.7340Go this year
while the tax to b. paid by the DupOn
Powder company will he ten million
more and that Of the General Motor
$1,000 nOn. The net increase to b
paid by twenty leading corporation
of the. country will amount to s21,136
coo, he said.
Senator Frelinghuysen, opposing tn
Lafollettn proposal. said It was fraugh
with great danger to business intel
eStS.
"To impose such unfair taxes an
impair industry" he said. would prat
tfcally make certain the victory of Gel
many"
Senator Rorah assured the senate a
length in favor of tax Of at leas
60 per cent.
Citing the increasing war eXpens
estimates Of Secretary McAdoo, SEM
tor Rorah said he believed they unit
matelv would reach between $4,000
600, 900 and s23 .000.0 600 and poss
blv s25. 900 GOO. 900 for the first yea
including loans to the allies.