Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-02-09

WON'T REPEAL
TAXATION LAW
Lack Time to Garry Out Presi-
dents Request at This
Session, Is Plea.
SHOULD MOVE BURDENS

WASHINGTON, Feb. 9.-Representa-
tive Joseph w. Fordney chairman Of the
house ways and means committee, today
said there would be no opportunity at
this session of congress to consider re-
vision of revenue legislation in so far as
revising the actual taxation features of
The law is concerned.
The announcement by Mr.. Fordney
came after the conviction had grown in
the house that it would be impossible to
get any leglslatio considered aRd passed
before this session Of congress was adj
journed
With approximately only three months
t. 60 and appropriation legislation
pressing, other questions demanding at
tention, the entire three months will be
taken up with matters which must be
handled before the session is adjourned.
Disappointment seldom experienced Is
being expressed at the report made by
Fordney. When asked today as to the
situation, he said:
PARTY CONVENTIONS
CAUSE OF HASTE.
eve hope to get down to consideration
Of amending the laws in so far as the
administrative features are concerned,
early next week"
"Then does that mean you will not
consider revision of the actual taxation
features of the law" was asked.
II don't think there will be time dur
ing this session of congress to con-
slider the actual taxation features of the
law" he replied. 1.-The men will want to
get, away to attend the national conven-
tfons and will be anxious for this con-
gress to adjourn, and consideration OF
the revenue laws could not be had.
After more than ten months of cam
paign for repeal or revision of the ex-
cess profits tax so that the injustices
operating under it might be removed the
entire bottom drops out through the
declaration of Mr.. Fordney. And accord
ing to the information which has been
had in the house for months, the an
nouncement merely is descriptive OF the
facts which have been known for the
charge has been made both by repub-
Iican and democratic members that no
intention of repeating the law or amend
ing it was had.
PRESIDENT WILSON
ASKED FOR REPEAL.
More than ten months ago President
Wilson urged upon congress that the
revenue legislation be repealed as one
of the most pressing duties this con-
gress confronted He pointed out how
the excess profits tax had been war
measure and that in time of peace 1t
killed initiative in business. He said the
promise had been made by both parties
in their campaign to revise the laws and
made 1t clear that the republicans hav-
ing been victorious and having been put
in control of congress should Immediately
assume the task of this revision. He
promised every assistance from the ex-
ecutive branch of the government.
Within a short time Secretary Of the
Treasury Glass urged upon congress that
the excess profits tax be revised and
that the great burdens operative under
1t be removed. He pointed out that 1t
had become an opportunity for proiteer-
irg. for high prices and for an ex-
IRENE burden both upon the consumer
and the business man. AS a war measure
1t might be defended, he said, but as a
peace measure no defense Of it could be