The Washington herald., 1921-11-08
Long Fight r es ults in
Victory by Vote of.
3S to "a.
REVERSES ACTION
ON STOCK TAXES
M any Amendments De
bated, and Nearly
All Defeated.

Senate this morning at l:45 o'clock
by q vote OF IS TO "a.
Many Senators were planning to
leave on early trains for Eastern
elections
The Senators voting in favor Of
the tax legislation were: Brande-
gee, BrOussard Bursum. Cameron,
Capper, Curtis, Edge Ernst, Fer
nald, France, Frelinghuysen, Gold
ing, Hale, jones Cwash.). Keyes,
Lenroot, Lodge. McCumber. McKin-
ley, McNary. Nelson. New, New
berry, Nicholson, Norbeck, Oddie,
Penrose. Phipps. Poindexter, Rams
dell. Sb1rtridge. Smoot, Spencer,
Sutherland, Townsend, Warren,
Watson (Ind.), Willis.
Those voting against the meas
ure were: Ashurst, Fletcher, Gerry.
Harris, Hefiin, Jones IN. NJ, King,
La Sollette McKellar. Moses, My
ers Norris, Overman, Pittman,
Pomerene, Reed, Sheppard, Shields,
Simmons. Stanley. Swanson, Tram
NELL, Walsh CMass.) Walsh (Mont)
Three Republicans voted with the
Democrats. They were: La Toilette,
Moses and Norris. No Democrats
voted in favor of the bills.
Senator Carter Glass. Democrat.
of Virginia, withheld his vote.
COnferees Appointed.
The absentees, or those pairing
were: Ball, Borah, Calder, Caraway'
Colt, Crow, Culberson, Cummins.
Dial. Dillingham;, DUPONT, Elkins,
Harreld, Hitchcock, Johnson, Kel-
logg, Kendrick. Kenyon. Ladd, Nc
ormick, Mclean, Owen, Page, Rob-
inson, Smith, Stanfield. Sterling, Un-
derwood, wadsworth, Watson (Ga-),
Weller, Williams.
Senators Penrose, McCumber, Sim
mons and Williams were appointed
conferees, with instructions to insist
uopn the Senate amendments when
the bill passes the House and goes
to conference. This is expected to
be within the present month
a LaFeIette Gets Record Vote.
Demanding q. .asw record vote on
his smendmeTt proposing to tax the
value Of securities of estates trans
ferred, Senator La Toilette chal-
lenged Senators to give him a roll
call. He said he intended to lay
their records before the whole
country. The vote which immedi-
ately followed was decisively
against the amendment which had
been defeated when the bill was in
the committee Of the whole. The
Senator explained that no changes
had been made except as to the
rates. The vote was along partisan
lines, 80 to 81.
At midnight Senator Reed tried to
adjourn the Senate, but Republ car
leaders, marshaIled by Senator Nc
Cumber, of North Dakota, prevented
the adjournment and insisted tina
the members be held until the final
vote.
PenrOse sleeps in Chair.
With Senator Penrose, chairman of
the committee, soundly sleeping in
his chair, Senator Reed called atten-
tion to the fact that the Republicans
were taxing the strength oh some
of their leaders and might injure
their health. He predicted that
there were enough amendments to
be passed on to keep the Senators
awake all night II they prsisted in
:, preventing an adjournment.
Shortly before midnight the Sem
ate reversed the action of the SEN
ate in committee in striking out
the amendment by Senator Lodge
permitting holding companies, in
computing their capital stock, to
deduct the capital stock tax paid
by subsidiary companies. The vote
was close, 80 to 81. The Senate also
struck out the Lenroot amendment
providing a capital stock tax of So
a thousand on all capital stock in
excess of 100000. This leaves in
the bill a fiat capital stock tax of
81 a thousand.
Sales Tax Again Fails.
Senator Reed made an unsuccess-
full effort to impose a 20 per cent
tax on corporations in come in ex-
cess Of SO per cent. Senator Smoot
again offered his sales tax propos-
>ing per cent levy. which was
rejected without a record vote.
With the assistance Of Republican
votles the Democrats forced the
adoption of an amendment by Sem
ator Walsh, of Massachusetts,, tax
ing money gifts between $2O, 900 and
S50,00O l per cent, and Increasing
the amount up to Is per cent when
the gift exceeds >S1O,0OO,OOO. The
NObject was to prevent evasion of
surtaxes through transfer of prop
erty.
Would Expose Tax slaekers.
Two amendments by Senator La
Follette-one providing for the
publication of the names of those
who faIle dto pay their income tax
and another psoviding that such
lists be supplied to Congress-were
defeated by close votes after the
Wisconsin Senator had made brief
speeches declaring the taxation
slackers as we'll as war draft slack
srs should be exposed. He pointed
to the fact that many names were
published in the draft evasion list
of men VIII chad actually gone to
war, some of them paying the su-
preme sacrifice, but said the tax list
publications would incur no such
injustice
An amendment by Senator Jones,
Of New Mexico, lowering the tax
on livestock and farm corporations
to 10 per cent of their net income,
was defeated
Senator Reeds amendment. refus-
ing concurrence OF the Senate in
the Finance Committee action srrfk-
ing out per cent tax on chewing
gum, was defeated.
SBy even more decisive votes than
that on the Reed amendment, the
Senate twice yesterday rejected SOL
" Conf{1tied o,,' p00e T,co