Show TAX SLASH l rO POSSIBLE W COOLiDGE U THINKS l Mardi March 24 AP Al' reduction in lu in the opinion Of ent nt Coolidge is possible at atm of or congress only if lon m j rI se prop proposed sed cut of 01 oo is adhered to and provided provId d and house hous do not go effar far in ma making ing appropriations attitude is based on the ex- ex I status of or the treasury el q quarter arter tax returns on nes due March l 15 still 1 Incomes Inco l b sn off tabulated estimates of pr preliminary e returns have convinced th the dent nt that a a. tax cut a a. as first will ill be betsil j the administration ed iy bY 1 h continues to be op opposed to the reduction as S S pr proposed posed In the thea it a 2 passed bY y the house and now action by the senate f fl- fl I- I committee Such a cut he Ice ace jove could not be made nade with with- f jeopardizing the treasury OJUe it will m be sev several ral days bethe be- be the actual t total tal of the juar- juar 11 ly Iy Income receipts receipts' are known i 0 returns so far fat tabulated are eM id 4 o of those count counted d to the same same sanie tt last lut year On I 1 March 20 the ments had reached 1 jas against on the then ins me n date a year jear ago Mellon holds hem however ever at treasury estimates as to the this fiscal year ear will need since inee some Increased appropriations are cly to offset any extra returns aa m the Income tax The senate finance e committee tes ees es a stiff task April 3 3 when It KM ked up th the house tax bill which IMS ivec the administration reduction o by nearly ueary Sent Sen- Sen t C Republicans have aye claIm claimed d the reduction is entirely the Democrats have high while med ined it not high enough and will move for further urther cuts add to those contained In th thU the U use tue bill WH by a a. coalition of ot Dem- Dem jita rits and Republicans over the omit otest of ot the administration |