The Waterbury Democrat., 1932-06-01
BY LYLE C. WILSON United Press Staff Correspondent

NOHAtCu ANs5o
 Washington, June 1-(U. PD- The senate jammed through $1,- 1I8,OOO,00 tax bill to-day after an exciting, surprising, dramatic IS 1-2 hour session, and before the day was ended was to consider the $23S, 100000 economy measure that will "balance the budget.
 The speedy action on the tax bill followed pressure by the press, the public, and finally by the pres- ident of the United States who broke his own custom and appear ed before the senate in a personal plea for action to ward off eco- homie disaster.
 The unprecedented tax bill calls for these new taxes, or radically in- creased taxes on these items:
 Income taxes: Increased all along the line, adding almost $70,- 000,O00 to government revenue.
 Gasoline taxes: A new tax set at once cent a gallon, expected to add $150, 100000 to the government re- venue.
 Power taxes: All household users of electricity to be taxed three per- cent, excepting on product of muni- cipally owned plants, thus adding $50,000,000 to revenue.
 Commodity future sales: Taxed five cents on each $100 expected to raise $6,000,000.
 The additional revenue provided by these items, plus the saving to be made in the economy program reported to the senate by the com mittee which had 1t under consid- eration, will to all practical pur- poses, "balance the budget. Sec retary of the Treasury Mills told the United Press.
 The economy program calls for principally:
 Federal salaries: all cut 10 per cent, saving 1,000,000.
 Veterans appropriations: Cut $5S, S,000,000.
 Federal vacqtions: Cut from 30 to 15 days, saving $22,000,000.
 The senate was scheduled to be- gin consideration of this contro- versial and essential economy meas ure at D. m.
 The tax bill passed the senate at 1925 a. m., almost 12 hours to the minute after President Hoover pleaded for speed in a national emergency.
 By q vote of 72 to II the senate sent the tax bill to conference with representatives of the house. A few days should see the monu- mental measure on its-~ way up Pennsylvania avenue to MT Hoov- CTS desk.
 In the past 15 days the senate disposed of that measure despite bitter, non-partisan dispute. Tariff battles swept over it. But the coal. oil, lumber and copper schedules remained in the bill. Taxed indus tries organized against 1t, but to no avail. There was clamorous con- fiict of opinion and countless words were uttered in debate. Treasury estimates of revenue were scrapped by the secretary himself.
 In a surprise appearance before the senate finance committee just before yesterdays session began, Secretary Mills reported that new sources of revenue had to be found to balance the budget.
 Income taxes, gasoline and cleo tricity for power and light were selected. They were given a $751; O00,000 additional burden.
 Mills also advocated the manu- lecturers sales tax and in his per- sonal plea before the senate Presi- dent Hoover said he would accept such a tax recourse. But the finance committee and the senate voted that project down. the latter. 53 to 27.
 Senators remarked early to-day 0@ fhav laff fho rha m h0r that Mf Hoover had aged in the past few weeks. There was wondering com ment that no fiare-back of con-