The Ely miner., 1926-02-19

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February 13, 1926.
The Senate passed the tax reduc-
ton bill by vote of SO to y, at
II o'clock last night, carrying a
| sotal of $456, ,00O,0 900, or $104 .OOO,-
900 greater than as reported from
the House. The measure now goes
into conference to iron out differ
ences. Senators Smoot, Mclean
and Reed, Republicans, and Sim
mons and Gerry, Democrats We're
named as Senate conferees. The
House has not yet named its con-
tereeS.
The task is going to be difficult
for the Senate has greatly modified
the bill as it came from the House.
The inheritance tax has been fe-
pealed, and all levies on automo-
biles, motor trucks, and admissions
to amusements were taken off III
the Senate
Secretary Mellon has come out IN
strong opposition to these radical
changes, warning that such cut
would cause an annual Governm ant
deficit.
Senator Norris on Tuesday spoke
for five and a half hours on his
amendment for publicity for income
tax returns However, this was re-
jected i'm the Senate. His amend
ment to raise tine surtax to 25. per
cent on incomes over $1,O0O,0OO,
was also beaten, aus was also his
amendment making all gifts and IN
heritances in excess of $5O. 600 sub
ject to income SurtaXes.
The House conferees will prob
ably refuse to agree to the Senate
amendments and final passage Of
the bill may therefore be delayed.
The Committe on Indian Affairs
refused to recommend the 500 per
capita pay ment to the Chippewa
Indians of Minnesota, but did re-
commend "a sum of $50 each. This
measure has passed both the House
and Senate, and is ready for the
Presidents signature. No aoubt,
the money will be distributed soor
for the need of relief is gre It
among these people. This payment
entails no expense to the Govern
ment as the money Is paid out of
the Indians Trust Fund which was
created by the sale of timber from
Indian lands, and is held by the
Government in trust for them.
The Elliot Public Buildings Bill,
$165, ,000,0 will be taken up BY
the House next Monday, under sus-
pension of rules, which prevents the
offering Of amendments.
This bill provides for the expend-
iture of 100000 for bulId :. 5
authorized before the World War,
$50, 100000 for the Distric : of
Columbia, and 100000. 600 for
purchase of sites and erection of
| buildings throughout the country
where needs are the greatest, the
Post Office and Treasury Depart
ments to determine this through N
vestigation, should this bill be en-
acted.
Attempts have been made in both
houses of. Congress to prevail upon
| the administration to call a confer
ence of operators and miners J
work out some plan to bring abou.
resumption of minin~ in the anthr a.
cite regions. The strike which has
lasted 169 days and involving 1885,
| 900 men, with loss in coal pro
duction Of 3O,OOO,0O0 tons ha:
caused considerable suffering par
ticularly in the eastern section OF
the country. Cases of destitutior
lihave been brought to the attentio
of Congress daily.
/ The Senate passed a resolutia:1
this week requesting the President
| to call a mine conference at the
White House Immediately. A state
ment was issued firm the W.. 9
House that the President had d
clined the comply, with the req ,cst
The press this morning brings thf
news that the strike has been set
tied.
1t has been .rumored in financial
circles that merger plans are being
worked out in such fields as oil
leather, steel and drugs but held
| in allegiance pending the Govern.
ment's action in the Bread comb No.
tion suits.
| The hearings before the Federal
Trade Commissions on the Bread
Merger, which were to have begun
last Monday, have been delaye
until February 23rd to give Gov
ernment counsel time to collect data
which will require two weeks.
The Senate Judiciary Committee
Thursday voted favorable report
on the Walsh recommendation for
investigation of the Aluminium Conn
pany of America, alleged to be con-