Evening star., 1937-07-29
ID. C.. Taxes
(Continued From First Page.)

back in the bill, according to reliab
reports
1t is virtually certain House con-
ferees will agree to the borrowing
clause inserted by the Senate, since
1t Is generally recognized by both
groups that the city will have to
obtain operating funds in this way
pending collection of local revenues
regardless of how the tax schedule is
finally worked out.
The District has money enough on
hand to meet Saturdays pay roll. the
auditors Office said today, but no
one would hazard a guess as to as
surances that the August Is salaries
will be paid on that date.
Fortunately for the state of the
Districts almost depleted treasury,
some 5000 school teachers are on
their annual payless Summer vaca-
ton. That leaves only about 1000
employees on the pay rolls, including
about 5000 per diem workers. it was
said. who receive their pay through
various collections.
Hope for Loan Approval.
Despite the shortage of funds Of
fcials believed that most Of the
outstanding bills can be met at this
time. They were hopeful that Con-
gress would authorize the borrowing
OF operating expenses from the Fed
eral Treasury until revenue is COL
lected from new taxes.
Remaining for settlement today are
the Senate amendments authorizing
installation of automobile parking
meters and providing $4,000 to enable
the Commissioners to have a more
thorough study made of the city's
whole tax structure with a view to
possible adjustments at the next ses-
sion of Congress.
As the conferees pushed ahead to-
ward settlement of their differences.
Representative Celler of New York
issued another attack on the Miller
1Tdlngs resale price maintenance
bill, a national measure which was
added as rider to the local tax bill
In the Senate. This amendment also
4NIIid lIiS lDI StIlltIle1lL IOOdN.
Celler denied reports that the ad-
mlnistration has withdrawn objections
to the resale price measure, and con-
tended it may endanger enactment
Of the tax bill
Property Owners Burdened.
Chief interest will center today in
the action OF the conferees on the on
the question of what part of the city's
impending deficit should be placed on
home buyers and other property own
ers
The House voted to raise the exist
Ing $1.50 rate on real estate and
tangible personal property to Sl.7O,
which would have produced S2,5OO, 600
The Senate struck that out and made
tar-reaching change in the method
OF taxing property by fixing a rate of
$3.50 per hundred on land, whether
improved or unimproved. along with
the S1.50 rate on buildings. This
would raise s4,8OOOoO, or large part
of the entire deficit, from property
owners
If the conferees go back to the
uniform method of taxing land and
buildings and compromise on the rate
at SITS understood to be under dis
cussion, it would raise s3,15O,OO0.
More than s3,000O0O also was cal
culated as the probable yield from
the compromise rate of two-fifths of
per cent on gross receipts. As
passed by the House the gross receipts
tax would apply not only to all busi-
ness concerns, but also to professional
groups. Persons who work for salary
or wages would not be affected.
1t Is understood to have been sug-
gested yesterday that the gross re-
celpts tax be adopted at the COM
promise rate, and let the Commits