Show l 4 HILLION AR r TAXES AXE IL l. l SENT O E I Measure l lie tet est Revenue History of W World Ready Reay Ir Direct Action After i. i Months lon ls in ill l Making g Feb 6 The The wa war ar revenue r toe toe- er tes tax measure l the in-the h hof t. t 1 of the world J orld was S fo rm rilly ra today it d the Hou and up Saturday It had f months in ia the making had by hy tho House and s revised twice to meet the theS i S from war r to and nation wet to a dry l Democrat l the House to approve ure-a ure agreed ure-agreed agreed rec to b by te em and beor before a adjournment ty night and Senator Simmons m In f of ot th the th-e SenaJo finance comIt com corri- present It In the Senate as s lc House has bas acted Approval 11 ill lI b by both houses In tn the form torm I l 11 It was reported by br b th the coni con- con JJ i confidently expected by byi I i t both l- l parties I 1 Hums Hum's n Return d I completed measure will wUl not b be i Franco unless the Presidents President's I for hon home Is Js delayed roll b be- be I od nos act ct r for fOt r his t fl t n 1 h exp expected tf tho Softer lifter ter his arrival here hereIn In t he heM M the internal revenue bureau I ling Ing with preparations for tor forr i 1910 on on the basis of r as ns contained In the tho reported b by tho the conferees I Table dissatisfaction with provisions ns s W was I e the today toda after 1 er copies Pl draft had been distributed en generally predicted the the thc enactment of ot the conferees conferees' i Some debate In the tho Senate was I but this wa wan j not expected toy to toay ay y l' final approval t Source of or n Revenue enoe third one of this years year's estl- estl K expenses are provided Bill III Which follow follow- original louse House platt plan and the tho thee thoC Ine e C modifications of the tho Senate that the bulk oC or revenue secured tram front Incomes cord cor cor- d individual and war T ar excess revenues re also alo are expected o beverages be until July prohibition legislation become Hs of the exact revenue re r re- re prospect var vary an Official 11 lI hed to today a placed tho the yield I r a year car and andIn ODD In 1 1020 iO 0 Estimates pre- pre committee ommIttee and treasury cx- cx eating g prospective o returns or about com com- bout lt from froma's s a ws s will be mado public r Representative rn Intimated d for tor this year car Is b li e taxes prospective for J K July 1 next Including revenues from Intoxicants t r the present calendar year rca r td d by the experts at about l 13 Wat a as laid tonight by bv conI con con- the retention for tor r tho the benefit I ot of virtually all of or orI ailed cd 4 relief t provisions pro I or orbe orl orthe l t the be Income 1 S and war exI ex- ex l c h UlM nii Regarded Regard cd among I S Y ot or C these Js is a new amendment 11 n 1 e to n iI cc ree re- re I I buzine interests suf- suf ai as lih tn In by ot of their mer iner- i Ith Allowances inventories toi to- to Ion ot of for losses In n ar building Oi Allo fn lon or the jl d time for filing 1 returns beyond II liy the treasury sId Ald COdet today final Unal T. T not noty returns bY y March tarch I eal they rna p p. p I or or- profits pl I lo roay report n to S- S t t nue bill calculations In ln I as reported ported tl to make mako urr 13 extension O o e OUI bo be Its It opine nO n- n r Iro t t. th the enra 11 d t I tory t l tax o on Ja abor OT prod prod- t tr r f Post Postage le ra on 3 JUl lUly j 1 q hOl or of CO 60 for all nion the i I o the hone Pro Pro- District ot of Colum- Colum 2 ron to JOO G tb Hu t Jk e 4 11 a I SIX BilliON WAR TAXES Bill SENT TO HOUSE Continued From Page Pae One on these dealing in Intoxicant including ing ing- stills h In prohibition territory For taxation of oC salaries of oC federal officials Including Including- the tho President an and judiciary but hut not of or state officials For submission of oC all government Io contracts b y by contractors on demand of oC the internal revenue rc commissioner For exemptions of oC 20 0 O per cent to oil all prospectors l an ad advisory isor tax lax board of six members in the treasury r und rind nc Restricting Restricting- sale gal and use uso of oC narcotics by strengthening th the Harrison drug lUI act Stricken Out Hilt stricken Among Among- important provisions from the bill bUl wore Prop Proposed oiled repeal of oC the publishers publishers' second class rate zones and proposed SU substitution of decreased charges charge Tho The called so-called Thomas amendment which proposed ed per pcr cent taxes on political J ampI n contribution In excess ex excess ex- ex cess of oC 00 OO House louse amendments for a federal license tax on use usa of ot motor vehicles The called so-called business licenser of ot 10 on business and professional men earning 2500 or 01 more Senate ta ta cs eM on Inheritances for Cor which tho the conferees substituted house levies les on estates The o tax of oC 2 cents a gallon allon on gasoline and house amendments to tax state and municipal bonds and other securities The Tho conferees mado matlo many important changes es affecting Income and war ar et excess ex u. cess profits taxation rewriting scores score of oC amendments ant and virtually redrafting a substantial par pal of oC the measure I In agreeing upon war excess profits profits' taxes confined to lo corporations lh the conferees struck out the House altel native o plan to Je levy on war or exact profits according o 0 0 tho the highest yield adopting the Senate composite pIn phs The prewar period standard of oC cal calt 1 t dar years ears of or 1911 1912 and 1913 1911 sill lff l retained as was the system of cre credI Corporations with income less t tin h hl l aC are arc exempted exempted- f |