Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1924-05-13
WASHINGTON, May

WASHINGTON, May 10.y -
Stripped of almost every cestige
OF the Mellon plan. and clothed I'M
the Democratic program, the taxt
reduction bill was passed today hys
the senate 50 to 15 xaast
for adjustment OF differences with
the house, with its life at stake. Rel
publican organization leaders in the
senate today frankly admitted theyo
would recommend veto of t.4, mea 81
ure by President Coolidge if 1t was
not transformed by the conferences
The president had asked congress-
for the Mellon plan. Although his
views were not made known on thej
bill passed by the house which car-a
ried only the remnants Of the Melt
lon scheme he has voiced spec, fiGs
opposition to some of the provisions
inserted in the senate.
The senate bill goes practically as
far in general tax revision as that
passed by the house. 1t provides
generally for:
25 per cent reduction in income
taxes payable this year.
Repeal or reduction of most of the
special excise and miscellaneous
taxes. Fl
A fifty per cent permanent cut
in the taxes on incomes below $4,000
and a general reduction in the taxes
on higher incomes. The maximum
surtax rate would be cut from SO
to 40 per cent.
A rs per cent reduction on earned
incomes up to $4,000.
Administration leaders opened
their attack on the bill today just
before passage, and fift- r )ubi
leans voted against it while three
others were paired against 1t.
Chairman Smoot of the finance
committee declared the senate I'M
remodeling the bill, had cut taxes
by Sill 100000 beyond the reduc1
lions recommended by the conlnliti
tee, and that as result ''irstead CfI
a $50,000,000 treasury deficit next
year under it's operation, the gov
eminent faces $161, 100000 deficit
which will be increased to $475,000.1
900 If the pending extra app Nria-
ton bills become law"
Senator Moses, New Hampshires
and Brandegee, Connecticut, Repub-I
licans, served notice that "in view
of the total destruction of the Mel
lon plan," they woul' c. support
the measure finally unless 1t was
transformed in conference.
How They Voted n
The measure probably will not be
taken up by the senate and house
conferees for final adjustment of
differences before Tuesday, and
Chairman Smoot expects it to take
two weeks to reach settlement.
The vote today on the iassage
was: AZ
Those voting for the bill were:
Democrats: Adams, Ashurst, Bay
ard, Broussard. Bruce, Caraway.
Dial, Dill, Ferris, Fletcher. George.
Gerry, Glass, Harris, Harrison, Hef-'
lin, Jones, of New Mexico; Kendrick,
King, Mcclellan. Mayfield. Nicely,
Overman Pittman, Ralston, Rams.
DALI Reed. Of Missouri Robinson.
Sheppard, Shields, Simmons, Smith.
Stephens, Swanson, Trammell, I'm
derwood, Walsh. of Massachusetts;
Walsh. of Montana-3S.
Republicans: Borah. Brandegee,
Brookhart, Bursum. Capper, Curtis.
Dale. Fernald. Frazier, Gooding,
Hale, Harreld, Howell. Johnson. OF
California; Jones, of Washington;
Keyes. Dadd, Mclean. McNary, Nor
ris. Oddie. Shortridge, Smoot, Spen-
Ger. Stanfield. Sterling, Warren,
Weller and Willis-29.
FarmerLabor: Johnson. of Min
nesota, and Shipstead.
Total So
The opposing votes were cast by
Senator's Ball. Delaware: Cameron,
Arizona; Colt. Rhode Island; Cum
ming, Iowa; Edge, New Jersey: Tess,
Ohio; Lodge. Massachusetts: McKin-
ley. Illinois; Moses. New Hampshire;
Norbeck. South Dakota; Pepper and
Reed. Pennsylvania; Phipps. Colo
RADIO; Wadsworth. New York. and
Watson. Indiana. all Republicans
The following pairs were an.
Continued on Page 2, column 81