New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-27
House Is Expected
To Pass War Bond
Bill This Week

WASHINGTON, Aug. %. - This
weeks programme Of Congress prom
ises TO be one Of the most important OF
the war session.
A decision by the Senate on how far
wealth shall be conscripted in the war
tax bill, passage by the House OF the
sfl ,53s. OOO.O 900 new war credit bill and
the soldiers and sailors insurance
measure, and launching Of new de-
fciency appropriation bill aggregating
between $4,000, OOO,O 900 and $4,000 100000
are among the things to be done.
On Wednesday Senate leaders expect
20 reach the war PROFITS section Of the
tax bill, 20 begin the fight over pro-
posals to levy between $1,000, 100000
and $4,000 100000 on su;h profits, in
stead Of 1852, 900 900, as proposed in
the bill. and 5000 900, 900. as provided
IN the House measure. Tomorrow the
one-cent letter postage and publishers
tax sections are TO be taken up, with
expectation of disposing II them Tues
day or Wednesday to clear the way for
the bitter contest on war profts.
House in Session Again
After month virtually in recess IN
der a "gentleman's agreement to trans
act no business, The House will recon-
vene Tuesday prepared to remain at
work until recess or adjournment Of
the session. Most OF the leaders now
think that hardly will be before Octo-
Der I or 10.
Unless plans Of Administration lead
ers 20 awry the Sll.53S, 100000 war
bond and certificate and soldiers and
sailors insurance bill will be passed
BY the House before the end OF the
week.
The Ways and Means Committee will
meet tomorrow 70 consider the bond
and certificate bill, and the Interstate
and Foreign Commerce Committee
probably will report the insurance bill
Tuesday.
Passage Of the bond bill will be CON-
psratiyely easy, Il is believed, because
COfN iNUlUNl 49, anu ~ N'AfNeAA'' fAt
tend TO support its general provisions.
There will be A fight over the rate OF
taxation 70 which the bonds will De
subjected. but apparently there is moth
,nr else 10 interfere with immediate
passage Of the measure.
Contest on Insurance Bill
harder contest over the insurance
bill is promised because OF objections
by insurance companies 70 the optional
insurance feature, and the opposition
Of the more ardent friends OF the ex-
isting pension system.
With these two measures out OF the
wav. the end Of House work for the
session will be in sight, unless new
business intervenes. Next week Z
probably will pass the S6,0Oo,0oo,0 900
war deficiency bill. leaving nothing OF
anv importance or the House slate eX-
cept conference reports on bills before
the Senate.
senate leaders have little hope OF
paSsing the war tax bill before next
week. but tomorrow they may en-
deavor 70 have a date set for a final
vote. Disposition Of the war profits
section by Saturday - proposed, but
many speeches must be heard. Pros
poets Of further Increases in taxes OF
incomes and war profits give basis for
the belief that the measure as il comes
from the Senate will be so nearly &C
ceptable 70 the House that only brief
conferences will be necessary.
A brief truce in the Senate struggle
will be taken Thursday for reception
Of the japanese mission. Viscou1t
Ishii, special ambassador, will address
the Senate