Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1924-02-25

Washington, Feb. 24-The revenue
bill enters its final stage Of house
consideration this week facing fur
Their revision by the Democratic
Republican insurgent coalition.
Tomorrow the estate of inheritance
ia. section will be taken up and
Representative Ramseyer, Republi-
! can, Iowa, has said he would offer an
amendment to increase these rates.
Chairman Green, of the ways and
means committee also has announc-
ed he would propose q gift tax. Re-
publican insurgents are behind Doth
proposals and the Democratic report
/ on the bill by the ways and means
committee members also suggested
such reviSiOnS.
Further contests are in prospect on
tho other miscellaneous taxes as we'll
1923 income taxes which are payable
this year, Democrats opposing the
provision for a fiat rs per cent cut
with an offer to make their income
rate schedule approved last week
made retroactive for year.
Representative Garner, Texas.
leader of the Democratic tax forces,
reiterated today that he would not
support any extended reductions
other than those carried in The bill
without providing for additional
revenue from other sources in order
to minimize the grounds for presi-
Dental veto. Republicans claim. on
the basis Of treasury estimates, ttat
the measure, with the Democratic
income rates already ADDICTED, will
cause a deficit of $300,000,09o in 1925.
Tic Democrats assert that their
plan will raise more revenue next
year than would have been possible
under the Mellon plan. While He-
publican leaders continue negDtia-
tons with a view to throwing cut
the Democrat income tax schedule
final vote both Republican :nsurgent
and Democratic spokesman insist
| they have gained strength.
In this connection, Representative
Eacharach, Republican, New Jersey,
who visited the president last week,
said today the six Republicans from
New Jersey would vote against the
entire measure If the Democratic in
come rates We're not knocked out.
A final vote on the measure is in
prospect about Thursday or Friday
and in answer to request of the
soldier bonus advocates in the house
both Representative Longworth.
Ohio, the Republican leader, and
Chairman Green announced today
| that the compensation bill would be
taken up Immediately by the ways
and means committee.
Mr.. Green said it was likely more
time than was at first anticipated
would be taken by the committee in
reporting out bill in view Of sew
eral new proposals offered as substi-
tutes for the Mckenzie bill. which is
the same, practically, as that passed
by Congress and vetoed by President
Harding
One of the measures to be consld-
cred is that introduced last week by
Representative Andrew Republican,
Massachusetts. which eliminates The
option of vocational training and
proposes paid up insurance policies
which would be payable to veterans
at the end of 45 years or to their
bcncficiaries and heirs in the event
of death. This bill excludes all but
enlisted men from benefits.
Representative Watson, Republic
can, Pennsylvania. n member Of the
ways and means committee, issued o
statement today advocating pensions
for sall service men incapacitatcd
from any cause in preference 20 4
bonus