South Bend news-times. (South Bend, Ind.) 1913-1938, 1917-08-28
Of
REVENUE BILL
WIN VICTORY
Proposal to Raise Letter Pos
tage to Three Cents is De-
CiSiveIy Deteated-Eight
Amendments Offered.
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international News Service.
WASHINGTON. AUG 2N The
opposition TO the two billion dollar
revenue bin won another decisive
victory today when. by a vote Of 50
To % the senate struck ont the
provision To increase letter postage
20 three cents.
Sen. La Toilette introduced eight
amendments. proposing Increased
rates on war profits Each Of these
amendments purposes 10 strike from
the bin the graduated excess profits
tax as reported hy the COMMITTEES
and 10 substitute for il fat tax.
Sen. la Toilette would begin with
am amendment OF IS per cent. and
If the senate fails 20 adopt that ne
purposes 10 offer amendments az
lower percentage.
Revenue Under Amendments.
The amount of revenue which
would be derived from each OF the
La Toilette amendments. taking So
Gee. GOO. 900 as the basis OF war
profits. Will be:
First-At rs per cent &2.2sO.o0o,-
GOO
second-At - per cent s2.1sO.-
600 600.
Third-At es per cent s2.o,o.
zoe. 900.
Fourth-At Ga per cent $500
600.
Fifth-At SO per cent si.soo.-
100000
sixth-At IS per cent s16So ooo.-
600.
Seyenth-At 81 per cent $780,
100000
Eighth-At as per cent sl.fio.-
100000.
The three-ceut letter postage pro
vision was 90 raise $4,000 600. itsii
estimated DO has been agreed 20 by
the house and bore the endorsement
of the finance committee. The elm.
ination Of the provision is i'm line
with the determination Of the oppo.
sition 90 strike ont ALI the so-calIec
miscellaneous consumption anc
stamp taxes. This is the fourth re.
verse the supporters OF the bn
have suffered since consideration %
the measure began i'm the senate.
old Guard 10 Right
The entente of old guardsner
and regular democrats backing th'
50 600. 000. goo war revenue bin lf
it's present form stood ready TODAY
at the first favorable parliamentary
opportunity 10 clamp the gag or
the advocates Of Oonsc~ipuon wealth
to pay Americas war hli'
Meanwhile. the entente was work
inc desperately 90 conclude a sep
arare peace with the mutinous
southern democrats who are boz re
volt against the pre-war basis Of the
war profits taxes IT. has made
peace offer 10 the southern members
i'm the form Of modification III not
complete aba ndonment. or Tie pre-
wa basis Whether 90 go back ~
the house excess profits plan. which
the finance committee declared
wholly fallacious o. whether % trl
20 devise new scheme urovidiue
a separate classification for con
Germs which made 1Ih-normsI profits
before the war IS the problem in
parley today
With am agreement with he
southern democrats In sight, con
fdence among tho hackers ~ the
bill at Tow ehb yesterday. returned
IN some measure today To WIS IN
creased somewhat. too. "v the ease
with which more tbau $50 signatures
20 the clotl-e or "-ag petition were
obtained. The petition. ready 20 BE
used against tae wealth conscrip-
tors was held in allowance today
AWAITING disposition 0f the postal
rate increases now before the sem
ate.
Plan Drastic RcpTi~al.
The "maxlmaist-" are planning a
program Of drastic reprisaI If the
"gae" IS applied They propose 20
take the issue 20 the country and
make .- clear 20 tine people that the
cIoture rule was used 20 shut or
debate on the question n taSirg
swollen war profits.
Sen. Borah of Idaho hestedn
denounced The attempt DO apply the
cIoture rule
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1890