Arizona republican., 1917-08-31
LAST VOTE
 NWARTAX
 BY MONDAY
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TRepublican A. p. Leased Wire1


 WASHINGTON, Aug. 30.-An agree ment was reached by the senate late today to take final vote on the war tax bill not later than Monday, Sep tember 10, and the cloture petition filed yesterday was withdrawn.
 The agreement also provides for dis position of the war profits section not later than Wednesday of next week and of the income tax provisions not later than Friday, September [. IL provides further for earlier action if the debate ends sooner than expected. The agreement was reached after the day oI spirited debate between Sena- tors Simmons and Underwood on war profits after much negotiation over details and after Senator La Toilette had blocked an effort to set next Mon day as the day fer vote. If the de- bate runs through until September 10. the bill wilt have bcen under senate discussion just one hlonth. It passed the house May 23
 Once before at this session, on the food controi hill cloture was initiated and dropped by mutual agreement for final disposition. The cloIure petition on the war tax measure was to have been voted on tomorrow. It's prUpon- ents were confident today of their strength, but OveItures for the voting agreement came from those leading the fight for higher tax rates, with all con cerned anxious to avoid imposition of cioture.
 Anticipating possible adoption of cloture, many amendments were intro duced late in the day
 Senators Hollis, Gore and Brady V, war profits levy to rates ranging from 50 to 66 2-3 per cent, and Senator La Toilette submitted substitute bill designed to raise about S3, 300, 900 prin- cipaily from war profits, incomes and liquor taxation.
 Today's debate was occupied largely by Senator Simmons, chairman of the finance committee, and Senator Under wood, former house leade- and revc- nue expert. In d threehour speech the latter vigorously criticized the com mittee's war profits plan and Senator Simmons, with show of much feeling. defended the plan and attacked Sena- tor Bankhead's substitute, supported by MT. Underwood.
 Denouncing money slackers'' Sena- tor Underwood said the committed s War profits scheme ,.ouId work many
  injustices exempt many large corpora tions earnings and was full of dark places" He opposed principally the graduated rates and the basIs ot cal culating profits.
 While the Bankhead substitute based on actual value of invested capital, is estimated to raise s5S9,000, 900 as com : pared with s1,060,600,000 from the com mittee plan as increased by the so- called compromise amendments pre- sented yesterday, Senator Underwood and also Senator Borah declared the, believed the latter estimate was much larger than actual results would show Senator Simmons attacked tn Bankhead substitute as an alleged ex empticn of much wealth from taxation | He said it was an excess rather than war profits tax plan, while the com mttee proposal combined both. Ad hitting that the committee in offerin, 1 the compromise amendments had ac | ceeded to sentiment in the senate an, l of the public for higher taxation of wal profits he insisted that the Bankheao 1 plan is basically wrong ana would yiel (Continued on Page Two)