Show TAX ON corporations first decisive vote on any feature war revenue bill I 1 SENATE POSITION DEFINED by a vote of 41 to 27 the corporation tax amendment proposed by the democratic majority 0 of the committee enid on tile the table cro germans man 0 substitute proposed but no vote reached beached senator daniel delivers an extended speech as also senator wolcott mas 28 after it a discus V ington oon lias has listed 1 tod almost two senate this aSter afternoon noon lir 4 1 I tile bulte r d tile the first d vote on any f fi ill of the pond rending ilig war revenue to wr UIO T bill had been under consideration to ur h urs mra and a halt half today n hen sir mr island on one of I 1 the Aldir loh ot of rhode ar B lub publican lican members of 0 ali tile finance I 1 kittre ml mit tto tre entered enit tred it a motion to lay tile the tax amendment proposed bi b hi if demor democratic tic majority ot of tile comit it was e realized 1 t on the table a that this www the first tt bat or of strength elements in the senate 0 LI t af 01 d tle roll call was waa followed with fit d pin p interest terest the reSul decisive tit th amendment was laid on the table 41 1 to za n M mi G orman german then proposed propos id hl bis sub b providing proy iding tor for a if kc on art corpora that wt was not I 1 tl ni but ai voto vote on r ze 11 ll d daily isai ly in uio ilia session today bodoy the senate ecna ts ill dl if pd ed in a desultory way the corpo r rihn JI tax las aith IL a view to lr 1 a vote upon it subsequently sl daniel derm dem va delivered an aji in which lie ho took e t ii if d speech alton iss jisuo ua with those who ho bad contend ten d d that the tax on oil corporations a unconstitutional mr air wolcott rep IK p colan followed in a in it A ible speech supporting the apropo 1 ti ot of the republican minority ot of 1 ua finance committee DY cy aj a VOW vote ot of 1 I 1 the senate decided to adjourn until next tuesday gor COr bormans JANS MANS AMENDMENT after jthn abe transaction this rno morning ning 0 of borno porno P 0 4 routine businow bus inies tho the senate of the th war vex rove tt re fumed qu in el consideration nui monsure measure the serg sergeant of an t at a arma hi h 1 I to request tho the atten attendance d ance ot or abr aba it senators natora Se an and 4 it required twenty yr ya tvr in to secure a quorum mr air allion 9 aid he hoped a ous ote could now b cured on tho the corporation tax J pi I 1 the question was on the an offered by mr gorman german ot of i ta flavid land naich provided for a ll il elc excise tax upon 0 all corporation po rations lose so am gross receipts a arc more than 30 per annum of one half of I 1 I 1 p r cent mr d faulkner of west VI virginia suggested to mr gorman that he be accey accept t all ail amendment making tho the tax one qu arter or of I 1 per cent mr of indiana Ind tana while not specially objecting to tho the proposed amendment said mr air germans amendment ought to provide tor for a proper penalty lie he maintained that a 91 mere line fine would be of 0 no avail in the cir cum atances its as the carpol 4 atlon L ain would all pay the alne in cases 5 es chere it was waa I 1 less ess than the tax lie he strongly strone lr urged thal the penalty ouge t to include hot only a fine but imprisonment for not I 1 lesa than six months I 1 mr air faulkner urged the acceptance of hl his mend ment as t tho he finance committee commend had carent carefully lily considered tho the question and had decided decide d that one quarter of I 1 per cent nias a a reasonable and a nd proper tax ho he pointed out that tile the tax ot of one quarter io of r 1 per cent upon the gross receipts wits was quite as high as that of 3 2 per cent upon net receipts as provided for or in tho the law of aj mr if jones of arkansas ili a member of ill the fit finance 1 ance committee bald lie he would ix be aing to accept mr jr formans Gor mans mains amendment if it were made to apply as aa a substitute only tor for that Mra paragraph graph of the bill taxing railroads rall roada street rall roada rands and other transportation compa me illes lie he objected ho conever never to its sub cub for the th levying a tax upon all corporations mr bonnan go r m an presented an argument 1 in favor 0 of hlll amendment mr aind eay of kentucky k abes sled that ILI a it propos itan alo n of law it might be visit nell for sir I 1 gorman entirely to exempt from tac taxation cation of the receipts of every corporation it tho the receipts did not reach they would not be t taxed axed mr air gorman german had no p particular objection to the suggestion sugg estion offered by mr lindsay in reply to the suggestion that tile hie rate of tax proposed sed should be reduced mr air gorman declared that tho the corporations ard their frind were making a great mistake ili ills his Judg judgment mOut in endeavoring to es cpa irom from the proposed tax and to evade their just and equitable shale of ili ih burdens of war DANIEL PRESENTS HIS VIEWS tr fr daniel of virginia said that while it in had no DO desiro desire unduly to delay the pa piu ab ot of the taft pending bill he thought rl full discussion ot of itar important pro vist 0 ns ought to be it had a d ll 11 HP favored ili ih tax upon the gross broas earnings of corporations po rations and expressed his regret that objections object lons to it on the ground 9 round of its tu hu pooled al ity had boon been made these objections lie he desired to answer by duns citing authorities lie ile mado made a ml h lab orale presentation of his views it upon pon the respective state slate anil and federal powers ol of taxation as put in question by the iho pending bill contending contend lne that th in taxation upon corporations was w granted fully by the law iw as existing an and d interpreted by the courts in ohp course of 0 mr daniels speech th ill vice president laid before the senno senai ff communication communicate 1 ii from the ohl ohio I 1 A a lure ng the report or nf the ci nittel of the senate in the hie hinves ill m lion of charges ot of bilbery against th junior ohio senator mr hanna Il th aroun cation was referred to the co on daniel 1 presented tod an argument arc ament in la fa r E t an income tax mr mir wolcott of 0 colorado member ot of th rin committee p poke in aavo c at r the abc position taken by the neth nept 11 an minority 0 ot f ill the e committee K E lid ild it was wan a source of teat kiau gratt 11 n to film that no political turn hi L i if n riven given either to the bill itself 0 thi ill debate thus thug f aar ar until tile the y F all ill ri annexation amendment had bad 1 si a ada d to the bill not ono one feature lieb suggested us ug nested that was not per f hi di r P ir int to it lie ho rejoiced that th ur or adment lind bad not been offered b W A arn rn senator who certainly M li it if ve vc been charged in doing so eo ith in tort to obstruct the banding mea ji if I 1 RIDER ON DI BILL LL h il 0 vr might be the individual cr cp is i 7 senators upon the hawaiian lla wallin f n I 1 cia 1 i it was vita to him perfectly clear i I 1 n I 1 ou lit ht not to have been taken ti rider to the revenue bill mr air V 1 I ir inferring to the desirability 0 i il s the govomi ariment in excellent II 11 i il 11 ton d at this time raid 1 h wax ill fa d that wit with it the c 4 1 n of great britain no europ unity could conduct war alb tit th states velch would be so EO c p naive as would the war with spain no other foreign country except grat britain had col colonies onles which in tithe time ot of mar ar it ubald be necessary for the united St atit to occupy no nn mn man could say ay that the war would come to a allecy conclusion ind and it could not I 1 b be a d that it anil knitht it not result in com ot of tairi roost most serious na ture turc it would require but it a spark to set pc t the whole ot of europe aflame and that spark might be struck from the clashing swords ot of tile tho united states stales and spain at any moment lie ile did not believe that any country in europe would intervene between the contending nat nations irine except on grounds of rum pure humanity for no one cared to ass assume u in e the risk of a war conflagration t that ha t might maht sweep the civilized world referring to the suggested enmity of 0 france to the united states mr air wolcott declared that the papers ot of the country did not reliably announce the PO position of france lie ile was positively fa familiar millar with tile the situation in france and was sati satisfied fled that except that in the newspapers ard omone among a few of their fol followers louers french sentiment toward iv ard the united states was wa most it friendly 1 adly lie ho paid a high tribute to the premier of france he said he was uns one of the 8 tauncie staunch cst s t friends america had bad in europe and was in pet feet c consonance on lice kill our ideas and polle policies les no complications lie he was cert certain ain aou would id arise from that quarter rr from lim w whatever source complications ight spring boA however ever the united S tates states must be in a 0 position to meet then them with composure dignity and honor the attitude of great britain durin during 9 tho the present war had been he said paid of incalculable benefit to this country WOLCOTT FAVORS DONDS mr air wolcott volcott then entered upon a discussion of the pending bill strongly advocating the laue issue of bonds as proposed by tho the republican minority of i the finance committee and the proposed stamp act discussing Discus ging the tax upon corporations corro rati on s as proposed by ohp majority of the I 1 he finance committee lie ho said bald taxes should bo be levied with a view to tho the ability to pay proceeding he be said all railroad mileage was now paying 3 48 per cent upon gross receipts 16 4 per cent upon not net receipts or per cent upon net receipts after all fixed charges hod had been paid ile ho said 1675 per cent of all the ralli oada oads of tho the country were now flow in the hands of receivers ce ivers ile ic criticised criticized the tax upon bank investments as likely to result in double triple and probably quintuple taxation by reagon rea gon of the law requiring banks banki to keep keen a per cent 0 of f th their I 1 r deposits in repositories depository deposit orl ories es deign led c by the government he said he fit favored in till this respect tho the bill as reported by the ih republican members of the commit matte lep addressing himself to the coinage of the sir mr wolcott advocated the plan as a general proposition but offered art an amendment directing tho the coinage to proceed fit at the rate of not less than per month and authorizing thor izing zing the secretary of the treasury to issue silver certificates as aa the silver ellet r Is coined he attacked tile the proposition i to issue W in gren backs and said eald mr president I 1 am shocked and surprised now at men who I 1 knew aro ro not went 0 of that element clement that simply imply want the coinage of silver tin on or anything for tile the sake of having more money moncy i men of the rock frock ribbed democratic party a party that has haa been always a hard money party and of only gold and silver as aa the money of fit the constitution voting now flow to put out of without a d dollar 0 ilar of gold cold or balci to back it up criticises criticizes GAGE concluding his speech mr air wolcott supported the minority bond piol slon providing for or a bond issue in ili tile nature mature of ft a popular loan which could be taken by the people generally lie ile contended uch buch a lonn loan would be readily kakmi bakon by popular subscription in this connection he be criticized criticised secretary atio ho he said recently expressed before the committee on finance aln inco his belief that tile people N w not absorb such a loan as ALs was proposed ufa wish I 1 am in lined to believe said paid tho the senator father at her to the life thought and I 1 trust lie ho la 14 tile the only man in the country who cherishes the belief at the conclusion ot of mr Wol cotts tB speech a proposition was made to v vole a te upon the amendment nl offered onerea by ar mr gorman goi roan of 0 maryland limiting the hie ex et of se tax tai upon ralli oad steamboat electric light telegraph telee raph telephone express and other corporations to those whose gross cross receipts exceed annually and snaking tile 10 tax one half of 0 I 1 per cent mr air aldrich Aldric li moved to lay upon t the be table the he amendment amend mont offered by I 1 the he conine committee littee for or which mr air Gor gormann mans amendment was intended ns its a substitute the motion to table was made with till the understanding that mr gor mans amendment should be placed upon its if adoption should the motion to table prevail this b ought brought ou on the mo hobt t important vote yet taken in the denaze senate if upon pon the revenue bill the vote vole resulted in ayes 41 1 and naya hays 27 an follows YEAS aldrich allison All lson bacon Caf cattery fory car ter cullom Cul loin daa da Is in deboe debile elkins fairbanks For alcer frye gallinger gear chorman Ci orman hale alanna kyle lindsay bleff ildo mcenery Me Enery nie mc mason mitchell morrill murphy nelson kelson penrose perking platt ot of connecticut pritchard proctor quay sewell shoup spooner warren n wellington cl moie aud wolcott 41 IL NAYS allen alien rate bate derry berry butler cannon chilton clay cookrell Coi Co krell daniel faulkner harris jones of 0 aikan I 1 sas jones jonea of nevada mallory man mantle le money idol Moie gati aji rasco pasco pettigrew Tew rawlins ns stowall Ste Sto warl tillman turley turpie and white 27 I 1 upon the tb announcement of the yote vote mr air gorman german under the arrangement that a voto vote should bo be taken on his amendment offered it some somewhat that modified as to the tax applying it only to gross el ts of corporations in excess excels of a year mr nelson rep offered 1 I an amendment to the proposition of A mr ir gorm german an reducing tile tho amount of the tax tac ovied levied I 1 from one half to one quarter of iper 1 per cent the amendment was discussed in a desultory fity for an hour four mr air all alien mr air mr air bialt it of Connect connecticut ic Q and mr white participating in fit the debate mr air pettigrew of south dakota K leave aye notice of amendments amend menta he pro proposed p 0 d to offer to mr Gor germans bormans mans pro proposition posit ion and was proceeding to speak upon spoil them at mr air Elkin ss request he yielded for a motion that the senate so go into executive session an effort waa avas made pending the putting of tile the motion to se secure cure a vote on the gorman german amendment but it vas unavailing I 1 mr mason alason of illinois moved that ahen tile the senate adjourned it be until tuesday next mr allison All lson 1 in n d demanding e n too d the year and nays flays sald said it was wai wa i highly important in that A t the pending g bill bo be disposed of at the earliest possible moment a as every days delay meant the loss losi of needed revenue sir mr I 1 masons motion prevailed by the cl close me vote of 33 to 31 the senate then at 5 ori ock went I 1 nto into executive session and twenty minutes afterward adjourned uni until it T u I 1 day |