Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1922-11-11
SEE TAX REVISION
AS EARLY RESULT
OF G. O.P. UPSET
Republican Progr essives
and Democrats to Control
Congress Policy.
WILL GO CUNNING FOR
CORPORATE SURPRISES
took Dividends Hereafter
Probably to Be Affected
by Legislation.
IcIIr ON ron s,,rr SUBSIDY
hhfrmnn Hull Asserts prcnidrnt In
Extra Session Gull Fails to Learn
Lcshnn.
Nssncla,nl prcss l

Il -'NN'tlt's lTsSS.
j WASHi%GroE Nov !O.-Th.
ress!nc O.. several Important tax re-
isinu PROPOSALS In the Siaty-c!Etth
1"nrrcss vac fnr"cas, ,oday ~ some
aders OF the progressive" R.rubii-
ms and the Democrats oii the basis
tho sharp changes In the sizes o:
!c maJorit!"s and ;ninor!;i.s in In.
8ousc and Scna'r as a result O.:
ucsday's elections They SAID re.
sion propositions would come from
8'ih the majority and minority sides
a Chic! among the tax plans OF the
cputlican "progr"Ssivcs IS an i'm
psf on the uEdis, ri butcd surpiuseS
Il corporations. affecting also stock
F!dcnhs such tax also is IA
pr"d by The Democrats In tho View
Representative OIdn"id. OF Arxan-
rs. the minority whip" and nom
fr OF the ways and Means Commit.
r.. which deals with reITnuc mat
CIT Tax Coming.
Mr.. oidncId also expressed the
democrats would favor rc-cnactmen;
the excess p-"iits FAX. hu; In a
odihcd form. Increased lrherItanc.
Hcs on graduated scale. aud IL"
1p"s ton ot gi.t TAX !u an effor,
roach those ut wealth seeking tn
GA iAr paymen: or high .ur;aNes
rnur' r.: "f nousy. TO relatives
1h - ;"N-s have been opposed
re o'Urc By administration ON ~.
no Lave mad" 4 i,Iijp that they
~" not now ~ mind any general rc.
sion "f tho existing rov-nuc law.
T. hich 49, cnac' Il last year and
Zen to""inc GcncrHll. effective las;
20 >cw Combination Sr-n.
fr"r"ucnts ~ he proposed Changes
press. Il confidence today. however.
a; with the change Iu lIous. mem
rShip ,n IA, ncv Congress They
oul1 haN" !nnr" han IN "ron chanc.
success. Progress. .vc" E"pubIi-
~ leaders IN their estimates al
8rcngth count on almost solid Dem :
ratic support for inclr proposals
6ld likewise the Democrats look 20
. lctt wing of the majority party
r. supper; for their program.
Thcr" seems {" be more doubt IN
.nds OF these leaders ahou, the sit
ltion In tlc senate. but they cx-
cSsed hope that with AN increased
emocratic and Republican "proSrcs-
I've" vote. there. q revision plan
i uld he pat through They pointed
HI that IL was the Senate as now
instituted tina; upset the original
G'o1usal 10 reduce the maximum in
u m" Surtdx TO 80 per cent.
Get LnrEer Committee Power.
Fly cutting down the Republican
ajority ia the House, Democrats
the next Congress will obtain
8rEer representation on all OF the
z committees by which the most
&,p"rtant legislation is framed.
3,aGcrs OF both parties began aSur-
= & today on tho new alignment
AS II now stands. the Ways and
leans Committee. which reported
PC revenue tariff ana bonus bills.
- insists OF twenty-five members
3 venteen Republicans and eight
democrats. As tho lineup is de-
- rmincd by the size, OF the House
= ajority. Democrats. il was stated
III insist upon "a division of, IL 10
Il Retirement of Chairman Ford
ny means that Representative
reen. Iowa, ranking Republican.
i Continued on Page 2. Col. 2)