Vermont phÅ“nix. [volume] (Brattleboro, Vt.) 1834-1955, 1837-01-20

cradle length in reply to Mr. Riyes, and on
the whole merits Of the subject
The Senate afterwards went into Execu-
tive business.
THE TARIFF
In the House on Wednesday last, Mr.
Combreleng, from the Committee OF Ways
and Means, reported bill. with an accom-
panying report, to reduce the revenue Of the
United States TO the wants Of the Govern
ment.
The bill was read as follows -
A BILL to reduce the revenue Of the U. s.
10 the wants Of the Government
Be IL enacted, SC. That, from and after
the 3Oth day of September next, 10 all cases
where duties are imposed on foreign imports.
by the act of the i4ih Of July, 1892, entitled
IAN Act TO alter and amend the several acts
imposing duties on imports" or by any 9TH
er act, shall exceed twenty per centum on the
value thereof one-third part of such excess
shall be deducted from and after the 3lst
of March, 1888, onehalf OF the residue OF
such excess shall be deducted and on the
30th Of September, 1885, the other half
shall be deducted any thing in the act OF
the I'd of March, 1888, to the contrary not
wilhsianding.
SEc--2. And be IL further enacted. That.
from and after the Both Of September next,
the duties OH salt and, coal shall be, and the
same are hereby, repealed.
MIR Owens moved that the Report be read,
which was agreed to. The same having
been read accordingly, the bill was read a
second time
Whereupon, MIR Cambreleng moved to
commit the same TO the Committee Of the
Whole House on the state OF the Union,
and that the bill, report, and tabular state
ments accompanying the same, be printed
MIR Lawrence rose and said, that, as one
Of the Committee of Ways and Means and
as one Of the minority Of that Committee
on this subject. he hoped he might be per-
United TO express his dissent from the princi-
pies ofthe billand report which hadjust been
read This was q measure of grave impor-
lance. II was no less than bill 10 reduce
suddenly the revenue ofthis country. which.
by law passed in the year 1888, had been
proposed to be reduced in 1912. or in other
words, in FIVE years and a half from the
present time il was bill to bring down
the revenue in eighteen months 10 stand
ard 10 which it would have been reduced in
five years and half
He wished the members of this House to
reflect for moment on the principles con-
tanned in the report. and on the effect which
must be produced if they were carried into
operation He would put the question to
every member of the House, whether he re.
ally understood the reasons upon which the
bill had been introduced at The present time;
/ ,b,tt h. Oh
feeling in this House that The bill was to be-
come the law Of the land The measure
was of so much importance, that il was me-
cessary that the country should know and
understand what it was that they should
be well advised OF its objects that this sud-
den Legislation on questions involving the
greatest and most vital interests Of the coun-
try should not go forth upon the People like
clap of thunder on summers day.
What, he would ask, was TO be the effect
upon the country Of simply making the re-
por2 1t would be to create panic from
one end Of the country to the other What
was the state Of the country at this time
from Maine to Georgia. What was the
condition of the finances and the currency
What was the interest paid on money in all
the commercial States From fifteen to
twenty. and even thirty per cent per annum.
was sill higher. Already panic had been
created on, Of the peculiar position of the
finances and currency Of the country. And
what would be the effect of this report but
10 increase the panic2 The bill proposed to
reduce the tariff ten per cent in six months
on all imported articles and one-half Of
the excess over twenty per cent at the end
Of the six following months and the other
half on the 30th of September, S3s. (which
was more than half of the present duties on
many Of the most important projected arti-
cles.) in eighteen months from this time-a
reduction which would otherwise be made in
five years and half
Mr. A. Mann rose to question OF order,
and asked if on the question Of Commitment
it was in order to go into regular debate.
Mr. Lawrence asked that he might be per.
mitled to proceed few moments longer.-
He wished to make an appeal to some of the
members of this House. He wished 10 np-
peal TO the Representatives of the State of
Pennsylvania; and he did SO for the purpose
OF ascertaining whether this was, or was
NOT. party measure Sir. lsaid Mr. LII
hope il is not. But appeal 10 the Repre-
senta,ives Of the State of Pennsylvania, and
! askihem if they are ready to sanction the
doctrines contained in this bill and report.
appeal TO the Representatives from the
State OF New York, and appeal TO them 10
say whether the citizens of the State of N.
York are in favor of this system2 Sir,
cannot believe il. | know there are many
gentlemen, members Of this House, in favor
|of II; but, SO far as know, feel assured
IL IL :. u Il