Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1829-01-03
rW EMTrErH CONGRESS
SECOND SESSION.
, TUESDAY, DECEnIBER 80, 1928.
IN SEN ATE


MIR. Benton submitted the following resolution:
w'tich was considered, by unanimous consent, aud
agreed TO:
Resolred. That the Secretary Of the Treasury
he directed to report TO the Senate the amount Of
the public moneys in the Bank OF the nited States
and its Branches, at the end of each quarter of
the year from 1917 10 1925, inclusive
Mr. Smith OF Maryland, submitted the follow
ing resolution for consideration; which lies nm ,l
table till TO morrow:
RcsOiced, That the Committee on Commerce
ne instructed TO consider the propriety OF granting
sum of money 10 aid the Mayor end CORPORATION
OF Baltimore TO keep navigable the harbor of that
City, and TO enable them to remove distractions
III the channel Of the river Patapsco
The Chair laid before the Senate communica
ton IRON the Postmaster General, transmitting in
pursuance OF law, list OF such post roads rs have
been established two years, and do not nav tho
price of the transportation Of the mail; which was
ordered to printed.
MIR. Hendricks. from the Committee on Roads
and Canals, reported the bill - for tie continue
ton oil The Cumberland Road without amend
mcnt.
hgrceaby 10 notice yesterday given, Mr..
i'rinc asked and obtained leave 10 introduce q
hli' concerning the line dividing the Territory az
Florida from the State of Georgia; which was
read the first titnc, and ordered 10 second read
ing.
The bill to compensate Susan Decatur wi
DOW and representative of Captain Stepbcn n
catur, and Others" was read the third time. and
passed.
The bill ''to extend the time within which uer
chandIse may be exported with tie benefit of
cra"oacs, was considered "a in Committee of
the whole: the question being on striking out
che second section as recommended Nv t{e Cnrn
Ynittee on Finance
hr Smith OF Maryland, said be would give the
Senate information of the course pursued in Great
britain on this subject. The practice i'm that coun
try was that on a repre- scn'aIion 10 the Lords
Commissioners Of the Treasury of the necessity
therefor, they had the power and used ,heir dis
erection in extending the time in which mercl,n
DISC might be exported for the benefit of drawback;
The section proposed TO be stricken out gives tbi,
power to the Secretary OF the Treasury The
Committee on Finance were OF opinion that this
was giving Legislative power TO an Executive
oihcer which was improper, ana therefore had re.
commended that it be stricken out.
The amendment was agreed to-
Mr.. Si!sbee said, that, as the amendment took
away some OF the advantages proposed by the bill,
lie would move for an extension of time in which
merchandise might be exported for this benefit
Two years allowed by the bill Great Bri
tain. France SIC. allowed a longer time he tbouob,
our merchants ought TO be put on a. good d foot
ing; and he would there fore move To amend tho
bill by striking out the word two in the seventh
line OF the first section, aud inserting three.
This amendment was also agreed to. The biz
as amended was then reported 10 the Senate, the
amendments c0ncHrred in, aud ordered TO be on
crossed for a third reading.
DRAWBACK ON REFINED SUGAR.
he Dill granting an extension Of drawback on
refined sugar, &c. was then taken TIP in Commit
tee, ana occasioned considerable debate, which
occupied the Senate till the time of adjournment
A brief sketch is all that is attempted at present
Mr. Smith, OF Maryland explained the bill The
present law allowed four cents drawback on suoar
refined within the United States. The object Of
the present bill was TO allow five cents IL re-
CURED two pounds OF sugar in its crude state 10
make one pound Of refined. The duty on brown
sugar was three cents per pound; conservative
drawback oil six cents would be required In favor
OF tue Teiner. The treacie obtained from the s,,
gar was, however, valued at one cent Der pound
III favor OF the reGner, and therefore, five cents
tue drawback liked upon in the bill, would be a
fair allowance. and would indemnify him for the !
amount OF duties actually paid to Government.
Should the bill pass, tile American refiner OF SUGAR
would be enabled 70 enter into competition with
the foreign manufacturer in foreign markets
There Gould no possible disadvantage arise frou,
passing tbs BILL it would not enhance tie nrice !
OF sugar TO the consumers Of the country and
would greatly tend 10 benefit the merchant in !
helping him TO make up al assorted cargo for the
South American, Chinese, and other markets
The only question was, what was the pro,er
drawback TO be allowed; the Secretary OF the
Treasury had fixed il at five cents. During the
French Revolution, when all the ma kcts OF tic
world were open 10 ne, he was himself engaged
jn the business Of refining and exporting sugar
tben II was done 20 advantage; for we we're the
0rry nation That enjoyed a free trade; now, times
had changed, and some inducements must be held
out or competition on Our part would cease alto
gefheT. Sugar raised in this country had never
been, and could not be, refined; and the reason
Sas, il was not strong enough. Batavia Sugar
Wis used Tor tIis purpose, and that Of CUBA which
was supcrio because much stronger The Ia
Vaua Sugar, particularly, was OF a proper aliaitv
fsr refining. poruon only ofthe sugar imported
~as used by the rehners, and this portion was
zeI'TT;'ly c5sigr3 g. De wlt nf claycd quali.