The Birmingham age-herald., 1921-08-19
W|LLOFFERMANY
 AMENDMENTS ID
 THE TAX MEASURE
Several Changes Agreed on and Scores of Others Will Be Considered
 Early Today
By Associated Press

Washington. August 1s.-Many amendments to the republican tax bill will be offered by members of the ways and means committee be- fore the House takes final vote late Saturday. Several changes were agreed upon today by the republican committeeman and upwards of half a hundred others will be considered early tomorrow before the bill is taken up in the House for amend ment.
 One change voted today by the committee was the elimination of ths proposed annual license tax of si0 on vendors of soft drInKs. Under an- other alteration, individual taxpayers would pay i21a per cent from profits from the sale of capital assets if such profits and the taxpayers net normal income exceeded s2s,oO0. Under the bin before the House they would be required to pay Is per cent on the excess over $40, 100000.
 It also was decided tentatively to exempt from taxation the govern ment allowances received by veterans of the Civil and Spanish American wars or their beneficiaries as well as those received by individuals un-
  Mobilization acts.
 Other amendments known to be un- der consideration would exempt man. ufacturers of tooth paste and pow der from the tax on toilet prepara- tions and would define as foreign trade corporations business organizH- tions which derive 50 per cent of their income from sources outside tho United States. The figure in the bsll l. Nt >f come would not be taxable.
 There Is 8 movement by the com mittee to propose creationof a special commission to devise some plan by which incomes derived from tax exempt securities can be taxed.
 General Debate Ends
 General debate on the tax bill eud- ed tonight. Principal speakers for the democrats w~re Representatives New York, end for the republicans. Representatives Ire n of Iowa and Longworth of Ohio, members of the ways and means committee. t
 Mir. Cochran attacked not only the bill itself, but the rule under which the democrats claim they will be cut off from offering any amend ments to the bill.
 Using treasury estimates to sur- pOrt nlS argument tndt tHo td4 piit would result In a huge government deficit at the end of this fiscal year. Mir. Cochran declared that If the treasury went into the market for s1 900, ,000, 900 of money to help pay ordinary expenses of the government. there would be a panio. l4 Reading official statements by for- mer President Wilson and former democratic secretaries of the treas ury urging repeal of the excess prof it's tax, Representative Longworth told the democrats that In opposing this repeal they were "repudiatinx the democratic platform"
 You are getting your orders by telegraph from Scotland Neck. Mr. Longworth said. referring.to Minor ity Leader Kitchin's dispatch to the democratic caucus, urging solid dem- ocratc opposition to the bill. l think the majority of my party made a mistake in deferring to January :, next, the repeal of the higher sur taxes, and excess profits tax, but I acquesce These two taxes are the 1 greatest shackles we have on busi- ness and industry and the greatest burdens on both producer and con 1 sumer." N
 Representative Woodruff, repup- | lican, Michigan. announced that ns would oppose the bill. while another republican. Representative John M, Nelson of Wisconsin. spoke against 1t,