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Show WAR TAX MEASURE PASSEDBYSENATE WILL RAISE SIX BILLION DOLLARS DOL-LARS IN 1910 AND FOUR BILLION IN 1920. Revenue Measure Which Hai Been' Before .the Senate Slnco December 12 Now Goes to Conference, Planned to Begin January ?. Washington. Without n record vote, .thcscuatu on December 2.'! passed the war rovenuo hill, retluced "to raise about six billion dollars In 1011) and four billion in 1020, as compared with tho levy of $8,200,000,000 for next yenr, proposed til tho 1)111 passed by' the house three months ugo. Wheii tho Hunt vote was taken at 10:10 o'clock tho senate had been In continuous session for nearly thirteen hour's. Immediately after tho passugo of thu bill tho senate began Its holiday vacation under tho plan for three-day recesses until January 2. Ahscnco of u quorum In lluuhouse, however, lind prevented xtltjjiy from putting a similar proj,'rii?il' Into effect. "Tho rovenuo bill, which had been before be-fore the. senate slnco December 12, nqy' goes to conference with formal meetings" of tho senate and house huin-ngers, huin-ngers, planned to begin January 2 with fi view to Hniii enactment of tho legislation legis-lation next month. V . Jn disposing llnnlly of controverted sections, the senate rejected, 55 to 0, lite mibsltuto bill of Senator I -a Foi-lctte Foi-lctte of Wisconsin which proposed higher rates principally on war-excess profits and Individual' Incomo our-tnxesi our-tnxesi '- ' Another vote otr the. sccnnd-clnss postago question also was taken and tho senate sustnlued, 41 to 22, Its pre-, .vlous action In faVor of, thu amend ment, which will repeal tho existing zone rates of publications nnd substl-'luto substl-'luto u rato of 1 cent a pound within 100 miles nnd 1 cents a pound ho-i'W'd. ho-i'W'd. ( A change made In the autmnobllo .tax section, provided for exemption of trucks, trnctors and trailer', rcduclpg the bill's estlmuted rovenuo yield by about $jSO,000,000, hut tho rolasertlon of tho llir-irtax clause will result In .mi estlimited ylcltl of 580,000,000. The inheritance tax plan proposes n graduated levy ranging from 1 per cent on inheritances bctweou 510,000 nnd ?25,000 to 25 per cent on thoso ov'cr $2,500,000. |
