The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1921-11-05
Senate Clears Way for Senator
Reed Amendment.
Republican Leaders Hope to
Pass Tax Bill Monday.
DEMAND MELLON RETIRE
LaFOllette Challenges Secretary
of Treasury's Attitude.
Both Parties Unite to Rush Tax
Bill Thru.

Washington, Nov. 5.-Retirement of
Secretary Mellon, the fiscal head of
i the government. was demanded in the
senate today by Senator LaFoHette,
Republican, Wisconsin, because of the
attitude which the Wisconsin senator
said the treasury head held toward
the taxation of wealth"
Mr.. LaFollette asserted that Mr..
Mellon had eopenly and brazenly" de-
clared that wealth could not be made
to bear its share of the burden of gov
ernment.
Arc Limiting Debators.
After a rest of only nine hours,
the senate returned to it's tax revision
fight today under a unanimous con-
sent agreement limiting debate
reached at 1 o'clock this morning just
before the senate adjourned until 10
a. M, after a continuous session of
thirteen hours.
The agreement provided for disposal
by not later than p. m. today, of
amendments offered by Senator La
Toilette, Republican, Wisconsin, fol-
lowing which the soldiers bonus
amendments will be taken up to be
disposed of by midnight. Recessing
then to 10 a. m. Monday, the senate
would proceed under a ten-minute de-
bate limitation, and Republican lead
ers hoped the bill might be passed by
Monday night.
Bonus Amendments Due.
The soldiers bonus amendment Of
fered by Senator Reed, Democrat, Mis-
souri,, proposing retention of the ex-
cess profits tax to pay the cost of the
five-way adjusted compensation plan,
will now be brought up for final debate,
and following that the amendment
sponsored by Senators Simmons of
North Carolina and Walsh, Massachu-
setts, Democratic members of the
finance committee. The latter amend
ment proposes payment of the bonus
out of the interest on the nations
foreign debt
Senator Reed has announced that
six or seven Democratic senators de-
sired to speak in support of the bonus
proposals and an equal division of
time may be arranged between them
and any senators desiring to speak in
opposition.
Passage Scheduled Monday.
A moral agreement for the pas
sage of much amended compromise
tax bill by Monday night was reached
today by Republican and Democratic
senators.
can, Of Wisconsin, and Senator Reed,
Democrat, of Missouri, two of the
bills most 'irrenconcilable" oppo-
nents, indicated they would not stand
| in the way of a Ginal vote on the meas
ure on Monday.
An amendment offered by Senator
iLaFoIette to require holders of tax
exempt securities to list their holdings
/ at the time they make their income tax
1returns, was adopted by the senate
atoday by an overwhelming vote. The
lvote was 38 to II. Republicans joined
Jlxith Democrats in supporting the
! Ihmendment the first of a series OF
| Tered by LaFollette.
! By the amendment, the collector or
| internal revenue would be also re-
uuired to make a full report to con-
gress of all tax exempt securities re-
/ ported by their holders.
IaFonette's Amendment Beaten.
! By a margin of two votes, Senator
LaFollette's proposal to require the
! treasury department to make public
| all tax returns was defeated 35 to S3.
| LaFollette stated that it was his pur-
pose to force holders of tax exempt Sc
curities to place all facts concerning
| their holdings before congress and the
country"
| His amendment involved all holders
| of federal state and municipal bonds
! and similar forms of tax exempt Sc
curit.es.
"The country is entitled to know
who is bearing a proper share of the
: country's burden of taxes and who is
escaping Them said LaFollette.