Show MAY NOT r MAKE AKE TAX REDUCTION Delay and Blocs HaIti Hal Work For Low Lowi i Taxes By HARDEN JURDE C ner Special I P pc nl t Copyright 1024 l 1 q 24 ASHINGTON W WASHINGTON ASHINGTON Feb Fob 16 Only Gnu Il a fighting chance seems scenic left Itt forthe foi for tor the Mellon ta tax plan Ian and and- I chance In the he view of ot the ma ma leader and trade as ocl- ocl atlon QUOn officials here her lI deli I Meantime the possibility looms that conflicting blo bloc blocs and partie In congress etch eich w wedded to Its itt I Iown Iown own particular plan ma taU fall to tc get together In time to pass on Any toI I to tax rA rs rn Islon bill er at III this thu The danger Is more real tr th-tr apP apparent In the vl- vl of some come of ol the th chief business men who ha f hat hathen hen ben hoping tor for tax revision alongi th- th th lines linea of the treasury s pro pro- pro pro 1 These men hopeful forn fo foa for tor a n time for tor the enactment of maxi maximum forI I mum surtax of B 25 per pr cent now no regard the prospect for tor thai I maximum a as at remote and tind are pin pinning ring ning fresh freh fret hopes none too strong at that on a 35 86 per cent maxi maximum mum schedule OF PIA S SOut Out of the present contu contusion lon In cnn ro One lne nn of o three are InI I expected First a a com compromise prom Ie plan wIl 11 embody ma sUrtax from 40 to 70 10 per cent higher than those pro Os- Os Osby d by Mellon and ad adi orated by hy President Coolidge together with lighter tax tx rates than thea those In th the lel Mel Mellon lelion 81 Ion lon proposals on Incomes Income of or I 10 0 or l Second a n compromise plan some some- somewhat somewhat ome- ome what of the abo aboc abo but carrying SR aR a a rider hoot honl bonis s bill bin binI I pt of to Third get together on en any plan na ano consequently no tax legislation pt Ct tall all il The corn compromise prom I plan Ls La ed 11 ed Cd as the one mot most likel to pre pre- pre prevail vail vall but here hers again another ele element ne- ne ment int nt enters into the ho he n n I which may upset en een e en that thit pLc The element is that of time Con Con- Con Congress gress gre is going to adjourn before the nominating Con enon of f next June That much scenic cerain certain tain ain In the congestion of m nur that invariably occur AS cc ment nent d dO day appi caches tl tax legisla legislation Lion tion would stand tan a s poor chance th of af enactment A tax ro Islo I I law should be enacted it If It Ic h I to lo be enacted at t all it i is felt folt olt not lIter than May 1 If It tax tox la Is permitted to drug dreg a ont on n unfinished thed aft after r that date a Il study or of Post past performances on Cn Capitol Hill leads ledR to the thc conclusion that In Inthe inbe Inthe the be final 20 30 d ot of a tc- tc 01 the neasure stands an excellent e of If being crushed to death in the e jam to-a to Y y rii The House 1 I is e M I H c J to tn 1 11 pi 1 ta ome sort of ot tt 11 till 1111 b b br arch II The rhe mell r will then Ihen in tn to the enate where whore unless It la is 1 Bd on In the calendar It will Ii lie o 0 er eror tor or weeks necks In the case ense of the tho th tax tax bill bill hov hover hove eer advancement I certain cerUlli Once before the tho the will the tho thela its la lala la da-la la tac s 9 Incidental to tho the rule rulO rul ot of o un- un unlImited un unlimited limited It Is Ic within he power of a II single elude senator to hold holdUP holdup UP ip action for tor das da a s by unan unan- unanimous mono consent can the eQuate in d advance anc t to come to t ole i ote oe on a s specified date As business Interests the he course of the tax proposals A seQ It it the chances are that the bill ill s-ill lie In committee committe in the tho non non- rte r to te for tor a period up un to tt three roe ree or rout weeks before it is 1 Whether the senate senat finance om- om com committee om- om to which Ich It II will be c com committed m- m will hold hearings harings is lc et etto etto to 0 be seen een but the chances R re that hat it will not It If hearings are held eld necessarily there would b he het bea a t greater period of oC d than othet lse i Ani An rum nuen the bill Is repol ted by the to the s which mate which it is estimated Bill III not be till the lat lat- lator lat latter ter tr or part of Marih Mor Mn h advance ad advancement ment on 00 the If is obtained there here to bo he run he he gaunt gauntlet It et of ot debate which end no nan man nanan can an for The Melon p-oi p o al als I 1 lightly less leos ct f enact enactment ment nent bv be the hou hous than by l y th the enate it i 1 1 The ct acing business buln th in is that the he house bill buil will lit be changed modified and amended In the aen- aen sen en ate to such auch an extent as ne to ms Its I acceptance by the house a work cork or considerable difficult difficulty Differences bel between een the houie houe and senate bills billa If It any must be Ironed ou out t in conference between II L handful of ot members from each ach houM louse The Tho conference committee meet neets behind closed doors and ad It If Itte Its te labors are there thare here re- re remain re remains name mains the tha ity of o obtaining the he approval al both by house and enate of o the compromise thus out It may be bo that this can b be he dOli done donin In il the three months that will willela ela lapse p e between action by the house housend I and nd adjo adjournment day BONUS BOTS POSSIBLE Bonus sentiment still appears In Inthe Inthe the he majority in tn both house houses an end the he possibility of o the th bills emer emer emering ing ug with a n rider granting a addict bulb l is IR by no mean s regarded n 0 remote What President Cool Cool- CoolId Cool Idge Id dge woul would do in such ouch case caso baa not ot been disclosed d of o couce but In Washington It Its s is generally belle bell eliet edi elS he be h would eto eto the tho meRe meu- me ure s-ure ure Ire In that form |