Arizona republican., 1918-11-16
|. l. ?. LEADERS. PLANS.
 I ] M AXE I AX. F0R 1920.
Believe Republican Congress Should Undertake That Task Simmons Upholds McAdoo Suggestions Some Look For Entire Re
 draft Of Bill Senatorial Scrap Is Anticipated

WASHINGTON, Nov. 15.-Down- ward revision of the war revenue bill to about the six billion dollar total. recommended by Secretary McAdoo, appears to be assured members of the senate finance committee said tonight. after MT McAdoo had personally ex- pialned to the committee suggestions as to future government financing made in his letter last night to Chair man Simmons.
 Some of the secretarys proposals. however, especially those to abandon excess profits taxation and increase individual income taxes in 1920 met with strong opposition, senators said. Republican opposition to MT. McAdoo's $ recommendation for immediate spe- cific limitation of taxes to four billion dollars in 1920 also developed, but Senator Simmons said a majority of the committee faVors it.
 G. o. p. Opposes 1920 Program
 Because Of prospective republican control of both houses of congress next March, republican opposition to limiting taxation two years hence was not unexpected, and a strong fight in both houses on this feature of the revenue bill is now considered prob able. If it develops it will be the first serious partisan difference in the measures consideration
 In statement tonight regarding MT. McAdoo's conference with the committee, Chairman Simmons said the secretary's estimates of SlS,000. : OO0,0O0 of government expenditures next year, and of probable reductions in 1920, which would make possible re- auction of the tax bill to about four billion dollars. largely are guess work, based upon all possible, but in complete information
 The s1S,000 900, GOO estimate said Senator Simmons, lis nothing but an estimate, and. according to Secretary McAdoO. not much more than an en- Tightening guess. It was guessed at after receipt of all possible informa- ton available at this time. The war. navy and other departments cannot now give any absolutely reliable state ment of their requirements and do not know what they can lQp off
 Simmons with McAdoo
 Neither is it known whether we must continue advances to the allies, but the estimates are based upon the assumption that we will
 Dbt NlhAl LliCSt tSlllIldlGSr G1tEIEtdTy McAdoO thinks, if we raise six billion dollars by taxation, he can finance the government for the. next fiscal year."
 Regarding MT. McAdoo's estimate for reduction of taxation for 1920 to four billion dollars, Chairman Sim mons added:
 The secretary believes it to be of the highest importance that business be advised in advance as to what taxes 1t will have to pay. He thinks that if that is not done, with a special session of congress next year to enact revenue legislation, it would take five or six months and be near the end of the year before the people would know what they would have to pay"
 Regarding the plan to abolish excess profits and to increase individual in come taxes by 1920, Senator Sim mons said Secretary McAdoo based his recommendation on the opinion that it is difficult to fix a satisfactory excess profits tax. Such a tax, Secre- tary McAdoo stated, is inherently un- desirable, a burden upon business, in essence a consumption tax and in the nature of an income tax
 May Redraft Measure
 Senator Simmons would not esti- mate how much longer the committee will require to revise the bill. He said it might take several weeks or only one or two.
 Other members, however, said in corporation of McAdoo's suggestions would virtually require redrafting of the entire measure.
 The finance committee will meet to- morrow to begin it's work.
 There is a general sentiment in the committee that many of the special excise taxes, including those on luxur- ies should be stricken from the bill. Modification of other schedules also is favored but most members agree that the course of future revision cannot be definitely determined until the transition of the country from a war to peace basis is further advanced