Pine Bluff daily graphic., 1918-09-19
MAIN POINTS NEW TAX LAW
 PASS MUSTER
Approved Bylcongress Just As Fast Asl Two Clerks
 Could Rdad Them FINAL VOTE MAY
 COME UP TODAY
Luxury Tax Matter of Dis cussion and May Probab-
 ly Be Changed by House
By Associaed Press.

By AsSOciaed Press. Washington, Sept. 18.-All of the principal tax provisions of the new war revenue bill were approved by the house today almost as fast as two clerks, working in relays, could read them.
 With only a few minor provisions and amendments now to be considered, leaders believe a final vote will be reached Friday, with possibility that it npoy come tomorrow.
 After adopting within an hour the war excess profits provisions with out change, the pouse passed impor- tant sections raising many millions of dollars without a word of objec- 'tion or eyeer discussion. Every amendment proposed either was re- jected summarily or passed over so that the ways ond means committee can consider them before final action is taken.
 Besides the war excess profits pro- visions, which yield the greatest re- turns to come from the bill, provisions adopted today were taxed on estates estimated to realize $11O,OOO,OOO; transportation, $187,OO0, ,OOO; amuse- ment admissions, $1OO,0OO, ,000; excise taxes, including automobiles, jewelry, luxuries and emi-luxuries, $518, ,OO0,- 900; beverages, $1 ,137 ,000, ,O00; tobacco $341 ,00O,0OO; capital stock, $7O,0O0,- 900; the federal automobile license provision, 72,930,o00, and stamp taxes $32, 2,OO0,OOO
 The luxury tax caused some discus sion, some members contending the bill ratees too low and others that theye ore too high. An amendment by Representative Platt of New York to reduce the luxuries rate from 20 to 10 per cent was defeated. The most important matters re- maining to be disposed of are thee proposal to tax cotton $3 bale and to impose a five per cent tax on products of child abor. The cotton pmendment was formally proposed today by Representative Moore of Pennsylvania, and the amendment met spirited and instant
 opposition.
 The leaders predicted tonight that , the proposal would be rejected. Representative Green of Iowa gave
 notice that tomorrow he will offer his chhild labor amendment, with pre- dictions generally that it also would be rejected.
 Other provisions deferred for ac- tion tomorrow by the ways and means
 committee of the house include: The cleause levying $10 annually on
 proprietors of any trade business or
 profession whose gross receipts are
 over $2,000.
 The section levying five per cent
 on gross receints of automobiles used
 for hire.
 Allowances for depletion of oil ond
 gas we'll and mines. The business or occupational license tax of $10 proved stumbling block
 today because of confusion over it's
 application and it was determined to
 consider havin the section redrafted
 tomorrow.
 The proposed federal license tax for
 automobiles ranging from $5 to $50,
 according to horsepower, was sharply
 attacked, but finally approved. The provisions amending the Hor-
 rison Drug act, with much more dras- tic regulations of traffic in narcotics,
 were adopted without change. Among new proposals to be offered
 tomorrow is the plan, urged generally
 by Republicans, but opposed by Pres ident Wilson, for a joint congressional
 committee to supervise war expendi- tures. Representative Moore of Penn sylvaniU plans to offer an amendment
 authorizing creation of such con mittee.