OCR Text |
Show TAX FREE SECURITIES. Congress may be forced to amend the constitution to prevent hiding of vast sums of capital in tax-free securities se-curities in order to obtain necessary revenue to prevent unfair burdens of taxation falling upon the poor. According Ac-cording to Senator McLean of Conn., chairman of banking and currency cur-rency committee. He said that if something is not done soon to check issuing of tax exempt securities, all personal property of wealthy men, in a large measure, will escape taxation. |