Show INCOME TAX DEBATE several amendments exempting corporations voted down an amendment exempting InK mutual sav ines banks accepted deadlock tho new statehood bill in the house washington june 27 the senate today passed a bill to amend the act providing for the time and e of holding terms of the united slates court in the state of washington the debate on the income tax provi visions of the tariff bill waa resumed the pending amendment was that ot allison to exempt corporations companies or associations having a capital block of less than hill took the floor the theory of the income tax he said was that incomes from individual investments unless they exceed nad been subject to the tax but no euch limitations existed as to corporations lie see no reason for aby distinction lie thought some amendments had been adopted that would give small corporations the bame exemption as that granted to individuals vest in reply eaid that under the cit izona paid upon consumption it was unjust and unequal the poor paid practically as much as the rich property and incomes in his opinion should pay for the protection of the government why should taxes not be levied upon property but upon the wants of citizens asked vest the exemption to individuals whether tho figure was a correct one or not was thu amount fixed as the cost of living consumed nothing they entitled to no exemption and have none ven thought the tull v peculiarly last and of corporations it the kilo that applied ta individuals was tu be applied to corporation ane exemption of should be allowed and corporations exempted vest modified his amend ident go as to exempt corporations whose capital nud surplus did not exceed the cost insurance etc of any man or trading company to bo considered in estimating ohp expense several were offered exempting oration joint stock corn panic and otner but they eacle in ecru lost aldach offered an amendment to exempt savings bienke organized on the mutual plan solely for the benefit of their depositors it was accepted vest offered an which was t to exeos ting mutual eav iuga banks conducted for tairi im of depositors in the state of delaware hill moved an amendment to section 60 to provide for the inspect io the accounts of corporations subject to a tax eo as to limit the timo of inspection to a period between march land august 1 without action on hilla amendment the senate adjourned fhe hodio washington june 27 the house got into a beriou deadlock over the new mexico bill the bill under consideration was an amendment originally proposed by smith republican of illinois requiring public schools to teach the english language the consideration of the bill was not concluded at the hour of adjournment A cablegram from the french government acknowledging the action of congress relative to alie death of president barnot was laid before the house also a message from the president trans a batch of hawaiian correspondence spon dence A resolution waa adopted extending appropriations for the current fiscal year for thirty days from the dinst aai the senate will not be able to act on any appropriation bills before the expiration of the fiscal year at p m the house adjourned |