Pueblo chieftain., 1921-11-06
SENATE REJECTS
THE BONUS BILL
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you (the republicans) an opportunity
to show whether you represent your
constituencies or whether you represen:
Wall street by the proxy OF Mellon and
the president; is giving you an oPpor-
tunity to say whether you 1--we up 10
the proud tradition OF the republican
party that has always been the friend
of the soldier. or whether you live w
to the plane of the present orEaniza-
tion that is the most super-serviceaol DIG
slave that Mammon ever had since
the children Of Israef broke that froiit
around the golden calf In the neigh
borhood of Sinai"
Senator Watson. republican of Indi-
ana, replying said the movement to
recommit the bonus bill was not iniu-
ated by the president that the presi-
urged to do so by senator's who point
ed out the federal financial situation
to him. He said nearly one third OF
the democratic senators either voted
or were paired to recommit the Dill
and that In the face OF these they
with being tools of Wall street
The first proposal taken up tonight
was that of Senator Reed, democrat
of Missouri. to continue the excess
profits tax as a means OF financing the
'.nye way" adjusted compensation
Simmons of North Carolina and Sen
ator Welsh of Massachusetts,, demo
Gratis, intend to offer their proposition
to pay the bonus out of the interest
Of the foreign debt.
After the bonus issue is disposed of
leaders expect rapid progress on the
tax revision bill with possible passage
Monday night. Debate today was en-
Hvened by an attack on Secretary Mel
lon by Senator LaFofiette, republican
of Wisconsin and a defense Of him by
SenItor Watson, republican. OF In
diana.
I'VE have heard said Senator La
Toilette that wealth defies the gov
ernment, that It will not pay its taxes
but the fiscal head Of this government
we cannot make wealth pay and that
We might as well accept that PROPOSE
ton; that we have got to esta blish a
system of taxation that Will make the
people pay. that wealth will not bear
its share. That is the declaration and
1t comes impudenUy and brazenly
from the head OF the fiscal department
of this government He ought to be
retired for making this sort OF declar-
alton"
Senator Watson took sharp issue
with Senator LaFoilette's fnterpreta-
ton OF Mr.. Melons testimony before
the senate finance committee when the
tax bill was being drafted.
The secretary" he declared. did not
cay and the secretary did not mean
and I do not think any possible con
struction placed upon his testimony
In fairness can lead him to say thai
he was in favor of the evasion OF tax
alton by the rich.
Senator I.aFoliette was arguing for
his amendment proposing that tax re-
turns be made open TO public fnspec-
ton which was rejected 35 to %.
The senate also rejected 80 to .i
another amendment by Mr.. LaFollette
providing for taxes on estates rang
ing from / per cent on the first $4,000
to 30 per cent on estates over go
600, COO. Another amendment by the
same senator was accepted. It re-
ouires tax payers in making returns
10 list tax exempt securities held by
them. Should the tax bill be passed
by the senate Monday 1t would not
reach the house until Wednesday as
that body adjourned today until that
time.