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Show RATE SLASHES, ARE ATTACKED By PRESIDENT Coolidge Regards as Very Undesirable Some of the Amendments Made to , Tax Bill by U. S. Senate . WASHINGTON, May .President .Presi-dent Coolldg let It be known today to-day that hs regards aa very undesirable unde-sirable some of th amendments mad to the tax bill by th senate. Senate organization Republicans agreed at a conference todsy to I seek a eompromiso on th Demo- era no suriax ram voiea imo tua revenue bill yesterday at a maximum maxi-mum rate of It pee cent and If thia fa Ha. at go to per cent, the house schedule - . j Amendments viewed by "the president aa particularly undesirable undesira-ble are. those relating ta taxation! of corporatlone and to publicity , of Income tax ret urn a. These amendments he regards aa more undesirable than the substitution , of the Hlmmona aurtax ratea fori tha Mellon rates aa voted yesterday yester-day by the senate. -The SeoeiMen ef the president on I tha revenue measure waa declared at tha White Hot me Vxlay to be aubatantially unchanged, aamety. firm adherenoe to tha Mellon plan without oornproralae of Its essential provlalons. inquiry as to wnetner tne enai changes might lead the president te veto the bill brought the reply that Mr. Coolidge doea not feel that announcement of executive : action should be made until a bill la before hint for consideration In Its entirety. Any announcement would be particularly Inopportune at tha present time. ,ln the presl- j dant's belief, because of the poe-albility poe-albility that tha measure my yet undergo considerable change not only In the senate but In conference. con-ference. WASHINGTON. Msy Senate Democrats proceeded to put the rest of their rates Into the tax bill today aa the session -long battle neared an end. Their emphatic defeat of the Mellon income ratea made the Democrats Dem-ocrats feel strong enough te put their eliding scale tax on corporations corpora-tions and their Inheritance levy Into ths mstaLira. The Mellon surtaxes were replaced re-placed by the Democratic 40 per oent maximum by a Vote of 41 to 40 late yesterday, the three-vote margin revealed exclusively In the I'nlted Press pol) of ths senate. The normal rates of t 4 and per cent were adopted over the Mellon ratea by a vote of 44 to 7. Indications ere thst the Democrats Demo-crats can now safely hold their margin for the only remaining points to be disposed of corporations corpora-tions and Inheritance rates. All aides now sre confident that the bill will finally be gotten out of the way before Seturday and sent to 'conference. Night sessions begin tonight and will continue until adjournment Is taken the first of next month. j |