New-York tribune., 1921-10-08
" ont Refuse All Amend
ments 10 Measure 1t
Passed, but Will Resist
the Radical Departures
Transport Levies
Cut 1873 Million
Pcnrose Shows Ill Million
Net Gain i'm Assessments
Under Senate Schedule

from The TribGne's Woshi,.pton S1,7oou
W NASHlNGTON, Oct. Tn informal
conferences among Senators to-day the
tax bill moved in the direction of set
tlement of the Republican difficulties
over 1t. Senator Penrosc, chairman Of
the Finance Committee, expects to
have meeting OF the committee to-
morrow, and at that time the amend
ments which are insisted on by agri-
cultural Senators probably will be
adopted They are looked on as practi-
caly agreed to now. Senator Penrose
to-day issued printed summary of
these propositions for amendments,
with the gains and losses in revenue
these changes would entail The prop
ositions are as Follows:
Losses-Repeal of tax on trans
portatIon by passenger. freight and
express, effective January /, 1922 -
Sl3S,000,00O.
Repeal Of excise taxes to-. The
amount Of $37.OOO.00O
Total, Sl75.000 600.
Gains-Restore capital stock tax
3IO,VUt,UOO.
Amend income su1tax schedule
Tax on distilled spirits, at Sd
proof gallon-S61, 900 900.
Total, 1886, 900 900.
An amendment to the estate tax.
increasing the rates on estates in
excess OF SIS, 100000, which will be-
ginning with the fiscal year 1924, in
crease the revenues yearly bv S14.
5O0,O00
Eliminate the proposed hotel tax.
Repeal and reduce excise taxes 20
the extent of $37,00o,0OO
Repeal taxes on sporting goods,
cheHlng gum, electric fans, thermos
bottles, smokers articles. hunting
and shooting garments and toilet
soap and soap powders.
Reduce the tax on CANDY TO fat
rate OF per cent, tax on art;clas
made Of fur TO 8 per cent, and elimi
nate from the tax perfumes and
ESSENCES, tooth and mouth washes.
dentifrlces,. tooth pastes and toilet
poTdefs other than soap powders.
these suggestions represent a to-
tai. reduction Of about $500 900.
and 1t is suggested that the commit,
tee cut out other items to make I'm
the $37, 100000. 'P
Three Changes Opposed
Senators Wadswortf and Calder and
New England Republican Senators are
opposed to the increase in surtayes +o
tne increase OF the Inheritance and TO
the restoration OF the capital stock tax
Nevertheless it is expected these prone
sitions will command enough votes fo
go through, as many Democrats will
support them.
Though things moved toward an
agreement among the Republicans the
Dill vas confronted With new comuli-
cation when Chairman Fordnev, Of the
House Ways and Means Committee. ana
House Leader Mondell called on S,ena-
tor Penrose, chairman of the Senate
Finance Committee. and informed hlnl
that the House would insist on adher-
ing TO the terms of the bill as it has
already passed.
Though house leaders did not assert
the House would refuse all com
promise, they made it clear that en-
tensive or radical changes in the bill
would be sharply resisted.
Senator Penrose was hatlv told that
it was utterly useless to put sales tax
provision in the bill, because the Rouse
would not accept it. Chairman Ford
ney expressed the view further that the
House would oppose increasing the sur
taxes above 32 per cent, as fXcd in the
House measure.
The stand taIcn by the II H,use lead
crs, who feel t'ay have House sent-
ment mustered lad them, m,ans pos
sble delay for the bill when it get;
INTO conference. However, the chief
difficulty promises to be over 'he sur
taxes. Most of the changes uew pro
posed in the Senate bill are IN line
with the House measure. SO FAR rs.
minor changes are concerned, the
House leaders arc not disposed TO quar-
rel about them.
Surtax Schedule Amendment
The amendment proposed TO the sur
lax schedule provides the following
rates for the calendar year OF 1922:
Income, Pct Income y ct