Evening star., 1940-06-22

~ the Associated Press.
The House approved today a COM
promise version of the $1,777 7,0OO, 900
emergency defense appropriation bill
one Of the few remaining must"
measures standing in the way of
weeks recess for the Republican Ma
tional Convention.
The measure, carrying funds for
SO new warships, 5000 additional
planes for the Army Air Corps and
. host Of other defense items, re-
quired Senate approval to send it
to the White House.
Senate additions OF approximately
$98, ,000, 900 to the bill as originally
approved by the House won House
consent today with scarcely ripple
Of dissent.
Sets Appropriations Record.
Representative Taber. Republican
OF New York, said the measure would
boost the sessions defense outlays
past the $4,000 600, 900 mark and
bring appropriations for all purposes
during the period to the record
breaking total Of about $15,900,-
100000.
The recess was promised by lead
ers If Congress would act finally by
midnight on four essential measures
the 1000, ,000, 900 defense tax BILL
the SLIT, 100000 emergency defense
allotment, the $1,157,711,357 relief
legislation and a bill to make up
deficiencies in existing appropria-
tions. Quick enactment of the tax
measure was regarded as virtually
certain.
At top speed, joint conference
committees yesterday adjusted diff
ferences between House and Senate
on the revenue bill and the emer-
gency defense fund.
$91S,500, 900 Farm Bill Passed.
The Senate approved finally and
sent to the White House a $918,528,-
418 farm appropriation bill. carry
ing funds for soil conservation and
parity benefit payments for the
fiscal year beginning July 1.
Stripped from the defense tax
measure were drastic amendments
to impose schedule of excess
profits taxes Immediately and to
set up a system Of high individual
and corporation taxes which would
60 into effect automatically on a
declaration of war.
The committee adopted a resolu-
ton, however, stating that an ex-
cess profits tax, applicable to the
current calendar year, should be
enacted later. Treasury experts
were directed to submit a bill by
October l.
Among other compromises, the
group recommended a 10 per cent
tax on theater admissions costing
81 cents and more. The levy now
starts at 40 cents. The Senate had
voted to start it at 10 cents and
the House at 80 cents. 80
Cigarette Tax Increase Approved.
The committee also approved an
increase from 6 to 61a cents a
package in the cigarette tax. The
AAoAHO oPf4ONOo q 4-NC4At A1N1 CdoC
and the Senate voted to retain the
existing rate.
House provisions retaining the
present 30-cent gallonage tax on
whisky rectif1ers and exempting
floor stocks of not more than 100
gallons from increased liquor taxes
were accepted by the conference.
Untouched were provisions to low
er individual income tax exemptions,
adding 100000 to the ranks of in
come taxpayers; to increase cor
porate income taxes and surtaxes;
to levy super-tax on incomes and
to raise the Federal debt limit from
t45, ,00O, 100000 to $4,000, 100000.
The tired Senate, quitting after a |
12-hour session at II o'clock last |
night, agreed to make the relief bill |
its first business today. The House
put the compromise tax bill at the
top of its list.