The sun. [volume] (New York [N.Y.]) 1916-1920, 1918-09-19

Of $4,000. zoo. 900 and the scheme of
expenses by taxation and two-thirds by
bond issues is followed the problem OF
providing $4,000, 900, 900 In taxes Is an
easier one than disposing Of 100000
000. 900 in bonds year. 1t would mean
selling bonds to that amount during the
next eight and a half months.
So far as consumption taxes and
tax on sales are concerned the House
Democrats are willing to forget their
opposition to them and add them to the
bill after the Senate gets through with
It. There will not be an attempt to add
the taxes while the bill Is before the
House. Chairman Kitchin declared to-
day that he would not oppose the add
ton Of such taxes, but he would oppose
as far as possible an attempt to put such
taxes into the measure as substitute
for any OF the taxes now there.
The House practically finished with
the reading Of the 100 page revenue bill
to-day by passing over the two features
on which a fight Is certain to como
Much to the surprise and qualification
of the Ways and Means Committee the
excess profits. war profits. beverage
taxes. tobacco taxes. special and stamp
tax sections OF the bill were agreed upon
without serious attempt at amendment
The only serious efforts to amend the
measure were postponed until tomorrow.
Representative Moore (Pa.) offered an
amendment to place a tax OF 50 bale
on cotton sold for consumption or use,
and Representative Green CIa.) de-
clared his intention to offer an amend
ment to place a prohibitive tax on the
product of child labor.
Sectional Politics.
While there Is little chance OF the
| Moore amendment being adopted 1t
means that politics will be injected for
the first time into the debate, and sec
tionalism probably will have its innings
too. The Southern Representatives will
stand solidly against tine Moore Amend
ment, and will get enough support from
other sources to defeat the amendment
II 1t is allowed to come to a vote.
The Green amendment will put many
OF the chivalrous Southern members OF
| the House in somewhat OF a predicament.
1t is in their section of the country that
child labor has the strongest hold. and
they have voted almost as a body against
child labor legislation or anything re-
mofely resembling 1t whenever 1t has
come up. 1t Is highly probable. though,
that the amendment will pass through
| JtcpuUuCdu NOtcs, diucu oS DOhiSS'oee
from sections other than the South and
by few Southern Representatives so
strong in their districts that 1t will nov
embarrass them.
The bill to make Liberty bonds more
attractive was passed unanimously by
the Senate to-day, in the same shape In
which It was reported from the Finance
Committee. This exempts from taxation
the income from Liberty bonds amount
ing to $4,000 of the coming issue, and
the interest from holdings OF bonds OF
the previous issues not exceeding one
and half times the bonds of the coming
issue bought by the same person. The
limit of exemption on bonds of the earlier
issues is s45,006-
AS the bill passed the Senate the origi-
nal measure was amended by striking
'out the fifth section, giving authority to
the President to investigate, regulate. OF
prohibit the sale and exchange Of Lib
erty bonds. No opposition to this change
developed in the Senate. A conference
with the House will be necessary to ad-
Just the differences in the measure as II
passed the two houses.