Great Falls tribune. [volume] (Great Falls, Mont.) 1921-current, 1921-09-30

u Ine 1In0nca Co1u lGCe01 ana
ranking Democrat On
by Senator LaF gillette, Repub-
of the bill, dealing with foreign
oorations, constituted "a device
wealth to escape taxation" !"
? Behind the scenes there were soma
efforts to bring about m agreement
among opponents Of the committees bill
on the more outstanding tax features,
but apparently there were NO final
conclusions. Republican senator's IN
the agricultural ''bloc" were couddent
however, that with the aid Of the
Democrats they would be able to de-
feat the committee plan to continne
the taxes on freight, passenger and
Pullman accommodations for anothar
year at half the present rate.
Simmons' Proposai.
Repeal of these levies was one cf
several proposals put forward 81
Senator Simmons, on bsha3 of the
minority members Of the finance -
mittee. The others included. 8 rhaxf,
mum surtax rate Of 81 per cent N paace
OF the proposed 81 per cent; retenf1an
OF the corporation capital stock tax,
which the committee wOQh xopGat
next year; repeal Of the 5000 ~
emption allowed corporations and Of tSe
special taxes on brokers and peone3D-
tors OF theaters and otAor p1aece eR
amusement and ON owners of an1oole-
biles operated for hire. AnoeSR
amendment would provide that -
sons having nst incomes n 0eaoe
OF $4,000 having nst incomes =
for the normal exempeions now 0nG
Eby law to single men, 0Axx3o6 -
and to heads Of families On aconAeG
dependents.
Under the Simmons an,enanue %
the surtax provision, the Rates dpd
by the committee up to 81 pse 60
would stand. but abovs thai lss1Do
would be SO per cent on sfneomGg e.
$4,000 to $74, 900.
In statement expln1dn4. ~
amendments, Senator oln1npu1 ~ -
peal of the transpostat1ua taxes Wul
cause a net loss OF I'm o0ooo0 I
year, but that the euvagnmk vu
get $75. .O00, GOO from tAs eapk11 s0eck
tax; $55.OOO,OO0 from rapee1 q ~
$1,000 exemption allowed eorDont1ino
and $4,000, 600 throaSh e11m1naeaa
the normal exemptions wheeo AdRySd.
ual incomes exceed $4,000.
Clashes WttA Pesrsee.
A motion By Chairman Psarvse -
the senate meet an hour eax33ar fhaa
usual to resume confederation o& 80
tax bill. led to the incident with 0enanuP
Simmons. The latter, who lad been
absent from the chamber for 1 Ghort
tlsne. asked that the motion be amen8-
ed SO that the senate would med .
noon as usual.
why. ] thought the senator hsd go
home, observed Senator Penrose.
The North Carolina senator. n N
speech. charged in rpu1
that there was n most unseemin9fy
drive" to rush the tax bill through ~
warned that II these tactics are usF-
sued this measure win not pass snta
the snow flies"
Senator Simmons declared the 49,
ate was being asked to nit from II =
N. to p. m. and then hold night g.
sions from 8 to II .. N.
Why he demanded. ''Because
leaders on that (the Republican, Gde
lind the special session Of the c4a-
sress is about to expire and nothhe
has been accomplished. You are rty.
ng to blame your shortcomings a tia
AAS " tnS Gn0AOexs V0 40 00S 4V~
ng to submit to It without q deAk
lhe senator talks about delays! That
ak comes from the arch-criminal
lelays."
Join With LaF Folisttol
Senator Penrose replied hN was
'orry It he had said anything to a.
end the senator and that he would
mend his motion 80 that the sanato
would recess until noon.
Il hope that viii not b 100 earh
or the senator" he added.
Practically the whole session vue
AIKEN up with discussion Of the eea-
ions of the bill defining foreign exad-
RS and foreign trade corporaf1mD q
hose individuals or firms 80 Per coG3
{ whose gross income 10 DERIVED iron
ources outside Of the United Scatoo.
'everal Democratic senator's Joined
senator LaFollette In oppoain9 4 md
ction on it was deferred.
Senator Hitchcock, NehEaska, and
ther Democrats. conterdsd that under
ther provisions dealing with sncA
international bankers a
his country could 20 operate - %
scape taxation on Ill profits made
broad Spokesman for The commit
aetcontended that such bankeee would
OF come within the providions - there
ere no bankers In this country Who
erived 80 per cent Of their In
Dme from sources outside Of the
nited States.
ETs BRAKES THEN JUMPS
- AS ENGINE HITS CARS
Grand Enrka N n annA 1N