Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1926-02-13
SENATE PASSES
Continued from PAGE One)

South Dakota; Norris, Nebraska. and
Nye, North Dakota. Republicans;
Shipstead. Farmer Labor. Minnesota,
and Reed, Missouri, and Wheeler,
Montana, Democrats.
Going far beyond the appointed
hour set for adjournment, the senate
accepted all reductions voted by the
house and. in addition, slashed taxes
by another $125,O00,o0O.
The administration has declared
the extent of reduction excessive, but
confidence was expected at the
White House today that the measure,
as finally drafted by the, conference
committee would lower the total cuts
to within limits acceptable to Presl-
den Coolidge.
Not more than a week Is expected
to be taken by the conferees in reach
ing a compromise, after which the
senate and house must ,atify the
agreement before the bill is sent to
the White House for the signature Of
the president.
Thirty four Republicans and twenty
four Democrats voted for teh meas
ure, while six Republicans. two DEM
ocratS and the one Farmer Labor
member opposed it.
The final rollcall follows:
For the Bill
Republicans: Cutler. Cameron
Capper. Couzens. Dale, Deneen, Edge,
ternald. Fess. Gillett. Golf, Hale,
Harreld, Jones of Washington. Keyes,
Lenroot. Mclean, McNary, Metcalf,
Moses, Oddie. Pepper, Phipps, Pine
Reed OF pennsylvania, Robinson of
indiana. Sackett, Shortridge, Smoot
Stanfield, Warren, Watson, Weller
and Willis "a
Democrats: Ashurst. Bayard
Broussard, Copeland. Dill, Edwards,
Ferris, Fletcher, George, Gerry. Har-
ris. Harrison, Heflin. Kendrick. King.
Mcclellan. Nicely, Ransdell. Sheppard.
simmons, Smith, Trammel and Ty-
81 ''''..... ................ "a
Ao'oi ''''..... ................ 90
Against the Bill
Republicans: Frazier, LaFoIIette,
McMaster, Norbeck, Norris and Nye.
6.
Democrats: Reed of Missouri and
"noeiei '.'........ ............... 2
Farmer-Labor: Shipstead .,.... /
io'ai ....... 8
Senator Reed, Democrat. Missouri,
proposed to add. S2S, 100000 more re-
duction to the bill by increasing from
$4,000 to $4,000 the amount of in
come on which the % per cent. cut
for earned income" might be applied.
1t was defeated 81 to 8.
Senator Borah, Republican, idaho,
suggested that the amendment be an
proved and that the Senate rescind
It's action in repeating all the taxes on
automobiles. admissions and dues.
Senator Harrison, Democrat, Missis-
sippi, then attempted to have replaced
the stamp tax applying on issues of
capital stock, but this also was lost
81 to 81. Senator Smoot declared such
repeal would involve a loss of $1O,-
100000.
After four hour fight Senator Nor
rfs. Republican, Nebraska, was defeat
ed in an attempt to have gifts, inner
itances and requests Of more than
$4,000 subject to the regular income
rates. He would have allowed an ex-
emption Of 100000 for widows and
children. 1t was voted down 81 to 10.
With little debate the Senate then
rejected ~ to 13 an amendment by
Senator Mcclellan, Democrat, Tennse-
see, proposing restoration of an in
heritance tax starting at one per cent.
on estates Of 100000 and graduating
up to a maximum rate of IA per cent
to be applied on estates Of more than
$10.000,000.
Although the Senate has voted re-
peal of. the inheritance tax by an over
whelmtng majority, House leaders
have served notice they will insist
upon Its restoration to the bill by the
conference committee.
Among several vital administrative
amendments adopted today was one
proposed by Senator Smith. Democrat,
South Carolina, cutting from four
years to two years the time within
which the treasury must audit taxpay-
ers' returns and levy any additional
assessments which may be necessary.