Pine Bluff daily graphic., 1918-12-24


 Penrose of Pennsylvania, and Lodge of Massachusetts, Repub .fcans.
 Only few scattering noes from the Republican side marked the final vote on the bill. The Republicans did not seed another roll call o nthe bills provision fixing 1920 tax rates, and no further votes were taken on the luxury provisions reinserted today with the rate fixed at 10 percent ln- stead of 20 percent
 In disposing finally of controverted sections, the Senate rejected 55 to O., the substitute bill of Senator Lafollette of Wisconsin, which proposed higher rates, pricipally on war excess pro- fits and individual income surtaxes
 Another vote on the second class postage question also was taken and the Senate sustained, fl to g, it's pre- yious action in favor of the amend ment, which would repeal the existing zone rates on publications and sub- stitute rate of one cent pounr with in 150 miles and 1 1-2 cent pound beyond. g ys.tasa> Several riders were added to the bill but no important changes in the finance committee draft was made ex- cept to reinstatement of so-called lux ury taxes on number of articles cost ing above fixed standards.
 Among the riders adopted were pro- visions for one months pay bonus to me discharged from the military es- tablishment after signature of the armistice; extension of ih,, Reed "bone dry" law to the District of Columbia and for 100 percent taxes on political campaign contributions, i'll excess of $500.
 A change made in the automobile tax section provided for exemption of trucks, tractors and trailers, reducing the bills estimated revenue yield by about $30,000,O0O but the reinsertion of the luxury tax clause will result in an estimated yield of $S0,000,000.
 Senator Pomerene, of Ohio, offered the motion to strike from the bill, the committee amendment awwecting sec ond class postage rates. Senators vot- ing in support of his motion were:
 Democrats: Beckham, Johnson, of South Dakota; King, Kirby, McKellar, Martin, of Kentucky; Miners, Nugent, Pomerene, Shafroth, Sheppard, Smith of Arizona; Thomas, Trammell and Vardaman--16.
 Republicans: Gronna, Keyon, Lafol- lette, Lenroot, Norris and Sutherland 6. Total 22
 Senator Lafollette's substitute rev enue bill was rejected by vote of 56 to six, after the. author had spoken for nearly three hours. Senators voting for it's adoption were Borah, Gronna Norris, Nugent, Vardaman and Lafollette.
 An amendment by Senator Kirby of Arkansas, Democrat, revoking the present power of the secretary of the treasury to make loans or advance credits to foreign governments, With out specific authority from congress, was defeated by viva oca ote. Sentt- tors Simmons. chairman of the fin ance committee, and Lodge, the Re- publican leader, both opposed the proposal
 On final vote of II to 22, the sen tae sustained it's previous action iG approving the committee amendment to repeal existing zone rates on second class matter. and sugstituting a rate of one cent pound within 150 miles and one and one half cents beyond.
 When the final vote was taken at 10:4O o'clock, the Senate had been in continuous session for nearly 13 hours. Immediately after the passage of the bill, the Senate began it's holi- day vacation under the plan for three day recesses until January End. Ab- sence of a quorum in the house, how eer, had prevented that body from putting similar program into effect.
 In disposing of amendments to the war reenue bill with view to it's passage before adjournament today. the Senate expressed it's first dissent from the finance committees revision of eliminating 3S to 32, the twenty per cent tax on so-called luXuries.
 The luxury tax section was estimat- ed to raise about $1S5, 100000 and was the subject of sharp controversy. It imposed the twenty percent rate on a variety of articles aboe fixed prices. Another final vote on reinsertiOn of the tax section was planned later.
 The senate, without objection, adopt ed the committees amendment for taxation of inheritances in lieu of the tax on estates as proided in the House bill.
 The inheritance tax plan proposes a graduated levy ranging from one per cent on inheritances between $10,000 and $25,000 to 25 percent on those ov- CT $2,500,000.
 An important amendment by the senate, members explained, exempts from inheritances taxes life insurances policies payable to beneficiaries, re- gardless of their amount. A clause i'm, posing taxes on life insurance receipts in excess of $25,000 were eliminated.
 The senate adopted an amendment by Senator Trammell of Florida Democrat, providing for bonus of one months pay to all officers and enlisted men honorably discharged from the army, navy and marine corps afte! November Il.