Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-10-12
TAX REVISION PROGRAM
PROGRESSES IN SENATE
Senator Smool, of Utah. Ex.
plains Proposal for Manu-.
taclurcrs' Sale Levy.
HARRISON ATTACKS q. ..
-f>snil> Republican Mcmhrr. of ~
hahcc committee for tccrutiu.-
compromise rinn and Charge,
''"h'i>c> Nntc WALL Street In
tercSts,
fEy Associated pros.

i'N,EN.
WASNlNGTON. oct. li.-Thc Re-
publican compromise ,aN revision
program MAS started ON its way
through The senate today Win tn.
adoption without II disscu,in,; or rec
ORD vote of an amendment rropusinc
repeal On nest January q. III,
transr"ItN. iaH taxes Oh freight. pas
scnEers. Pullman accommodations.
express p"ctages AND oil l.! pipe linz.
hc3!'cs 4" Inquiry.
TE"re wcro increasing evidences.
however, both on the floor 90; the Sen
ate and behind tho scenes tina, some
of the other compromise proposal.
would not ana as easy sailing Re
plying 10 an Inquiry from the Demo
cratic siGC. senator McCumbcr OF
North Dakota. temporarily in charge
of tho revenue bill. announced tina,
the compromise amendments wouId
rot he offered on behalf Of tho fun
hernhlic"n membership of tho HI
nance COMMITTEES. that h. WAS against
some OF them and that he uud other
committeeman reserved the right to
oppose them
Senators ia The so-cnllcd mauurnc-
tuners bloc. supported 10y RouS" lead
"rs. wcr" MI SGT 10 launch their ii,:ht
against the 81 per cont ma Nimum i'm
com" surtaX rate amendment after its
iutrudrtion Thcrc We're reports that
his provision would b. materially al
tered I'm the conference between the
House ana senate on the completed
bill.
Leaders VIII Noe Rrccdr.
House leaders were understood %
have made II plain that they would
not rec"dc frnn the original House
maximum rat. OF - per cent, but
-
that the reduction !ikcIy 10 be made
by the cunfcrccs would no, he quite
aS great as Is Pc cent.
Eastern Senators also were rcndy
to WaEc warfare on The compromise
ann" nament - retain the CORPORATION
capital Stock tax. bat sponsors OF the
next tax program were confident thar
this not only would be put jh-ouGh
tho Senate, 'ut Jhat II would hc re-.
tanned IN conference as IN" House
IN did not PROPOSE rcpcHl %: This Sec
tinu OF the existing law.
Democrats generally were expect
"a 10 support the surtaN eg'nic tau.
capital stock tax. corporation en-
emp on repeal END other provisions
ol the compromise prO@"nm. Some
leaders un that side. however. though.
the minority would vote almost solid
~ against ~. completed bill unless
provisions wcr" made for increased
t.Nvs ON corporations aud reduced
taxes on individuals having incomes
col SiJ.u0o u y"Hr OF less.
iiotur" adopting The transportation
llN repeal amendment the Senate
voted down. IS 10 SO an amendment
Senator Trummcl. ncmocrat, Flor
iGa. promising that the reveal he cf
fn,ttVc ton days after thcapaSSat:c Of
,hc Jill. Disposal Of ;hcs" TWO amend
IfcUt- constituted practically all
PROGRESS mad" today on the bill IT.
self. MuCh ui tn" day was given over
10 prepared address by Senator
Smoot. Republican, !'tah. explaining
his proposal for y manufacturers
sales taN and 70 "A political row ovc~
the t#N iii h,;Nre: Senator'S iIarri-
son Democrat. mississippi, and Wat
SON, Republican. Indiana.
TwittlnE tho Republicans on the
Finance commiitr" FOR accepting tho
compromise prcvrHm. senator Harri-
son said hc had never known I'll" ''o!I
GudTd" IN III" Senate TO j.. put to
such utter rout ANA surrncdcr with
ont giving BATTLE" lie added that l.,
was siuru.arly strange that Senator
Lodge. ut NnssnchUScttS. TIA" l;cpub-
iieau leader. attended the meeting u
the agricultural bloc" aud assisted
~ SNoih"i!u'HE we flhdhGc commit
toe"
charging that certain promises"
Mere made 70 IA. wall Street inter
,sts' hy the ErpuA!!cans,. in the last
campaign. the AiissiS.ippi senator de-
clarrd that those interests came TO
Washing'on last May TO have the
promises" fuIHllod. referring 10 tho
White lloUs" diru"r Of May -, at
tended by prominent Eastern hank
crs,