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Salt Lake Herald-Republican | 1918-05-23 | Page 2 | Will Decide Today on Passage of Revenue Bill

Type issue
Date 1918-05-23
Paper Salt Lake Herald-Republican
Language eng
City Salt Lake City
County Salt Lake
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s6rr3432
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6rr3432

Page Metadata

Article Title Will Decide Today on Passage of Revenue Bill
Type article
Date 1918-05-23
Paper Salt Lake Herald-Republican
Language eng
City Salt Lake City
County Salt Lake
Page 2
OCR Text WILL DECIDE TODAY ON PASSAGE OF REVENUE Bill President to Confer With Those Who Would Defer Action By Associated Press WASHINGTON May 2 22 Whether Whether revenue legislation shall be undertaken at this session of or congress depends on President Wilsons Wilson's decision lon after a conference conference con con- ference tomorrow with congressional leaders who arc strongly In favor of ot postponing the legislation until next Dec December e m b or Toda Today tho the president went over ocr tho the ar arguments presented by Secretary McAdoo McAdoo Mc Mc- fc- fc Adoo for Cor or enactment of oC a now new tax law lass before adjournment All the tho advice Secretary McAdoo got ot today from his advisers adviser having charge of or administering tho the revenue law Jaw and of ot planning to meet future financial needs of the government was waa to the effect that a new measure must be tic enacted by next fall Ho lIe was told that b by December or January the government go will need more revenue from taxation or definite as assurance HS as that t It will be forthcoming and that It will wUl be next to Impossible lb to collect taxes under tinder a law which might not bo ho completed before next February or March Regardless of ot government needs sec secretary McAdoo is hs represented as 5 be tie lieving that business Interests o of ot the th nation should know knoY lon long before next February or March the tho nature and I Ia a amount moun t of or taxes to be assessed on ott them for this years year's business s. s Members lomber of oC the senate and house however still aro arc hostile to the proposal proposal proposal pro pro- to keep congress in session throughout the summer and to the enactment of or tax legislation on the th eve evo of ot elections Leaders were ero unanimous however In slating that If IC S Secretary McAdoo and anti the tim president a agree ree that legislation is il absolutely necessary 8 ar they will get to work Immediately on a bill billand billand and seek seel to presS It Il through h Chairman of or the house bouse ways was arid and means committee said ald today that If IC It l Is hi finally decided to take tako up th the revenue question at this session public hearings would be bc hold held and It probably would take the tho house two months to dispose of lC tho the bill
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s6rr3432/10178998