OCR Text |
Show TARIFF TO HAVE RIGHT OF WAY Decision Reached by Senators to Settle Set-tle This Problem First. Washington. Mr. Fordney told Republican Re-publican senators, on Saturday that tariff revision would have clear right of way in the house. The committee bill for revision of the internal revenue taxes will not be introduced, he said, until both the emergency tariff and the general revision bills have been passed. Representative Fordney conferred with Chairman Penrose of the senate finance committee, and is understood to have been urged, to. modify his plans for procedure with the internal tax legislation. As near simultaneous consideration of the tariff and tax hills as possible is advocated by several sev-eral influential Republican senators. The general tax modification plan is pretty well agreed upon by Republicans Republi-cans of tho house committee, it was said. Repeal of I he excess profits taxes and reduction of Ihe higher income in-come surtaxes is virtually certain, hut an agreement as lo substitute taxes was said not to have been reached. |