Richmond palladium. [volume] (Richmond, Wayne County, Ind.) 1831-1837, 1833-02-23
RICHMOND PALLADIUM.
RICHMOND, FEBRUARY D, 1859.

Congress.-On the 18th INST. in the
Senate, MIR. Clay asked leave to intro
duce bill, gradually reducing the duties
on foreign articles to the revenue stand
ard. The first section ofthe bill provides
that onall articles which pay duty Of more
than 25 per cent from and after the Both
ofSeptember 1888, one tenth Of such ex-
cess shall be RENTED; from Sept. 1885,
another tenth; from Sept. 1897, another
tenth; from Sept 1889, another zenith;
from Sept 1871, one half the residue of
such excess, and from Sept 1912, the 9th
er half shall be RENTED; thereby making
la gradual reduction until all are reduced
to 25 per cent.
The second section provides, that on
coarse woollens, such as are used in the
southern states for negro cloths, the du-
ties on which were reduced by the act Of
July last to five per cent, duty of fifty
per centum shall be levied, which duty
shall be subject to the same gradual re-
duction as other woollens, as provided in
the fist section. The duty on this de.
scription of goods was reduced at the las,
session in order to satisfy the south, and
as the reduction did not accomplish the
purpose designed. it would seem but JUS
tice that they should be put Oh the same
footing with other woollens.
The third section provides that after
the 3Oth September 1912, all duties shall
be paid in ready money, and the credits
now allowed shall be abolished from tina,
time. This section also contains a pro-.
viso, that in case Of war, congress shall
have authority to levy and collect such
duties as they may deem necessary for
the prosecution Of such war.
The fourth section provides that un-
bleached linen, and all manufactures Of
silk coming from this side of the Cape Of
Good Hope, shall he admitted free of duty !:
and the fifth section exempts all dye.
woods and drugs used in the manufacture
of wool or cotton from duty.
Mr.. Clay explained the principles Of
his bill, and advocated It's introduction in
an able and eloquent speech, in the course
OF which he remarked that he considered
it next to impossible to continue the tariff.
as 1t stands at present, beyond the next
session ftnr ho
cluded, debate arose among other men,
bers, on the propriety Of granting leave
to introduce the bill. Mr.. Forsyth con-
tending that it was unconstitutional to
introduce such bill into the Senate, az
the constitution says, that all laws for
'aisiGg the revenue shall originate in the
ower house. Leave was granted, how
ever, and the bill passed to second read
ing.
The bill further to provide for the col.
ectIon of the revenue, is still under dis
;usslon In the Senate. This bill is warmly
opposed by the southern members. and its
passage is rather doubtful.
In the House Of representatives, thu
arIft bill continues TO be the order Of the
lay. Every ton momade concerning this
SUBJECT, II appears, is followed bv
engthy debate. 1t has already been I'M
nearly five weeks, and to
III appearance is as far from an adjust.
nent as ever. The present session of
Congress must terminate in ten DAYS, and
We think the time too short, whilst the
iPeoch making mania RACES to such extent,
either to modify the tariff, pass the judi
'lary bill, or dispose Of Mr. CIay's land
,ill.