The daily Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1841-1845, 1842-06-06
THE REVENUE BILL.


THE REVENUE BILL.
The Committee of Ways and Means on Fri
day reported Tariff bill for revenue. Our rea-
ders no doubt will be anxious TO learn something
OF its provisions, and TO crafty their curiosity,
we insert brief abstract of it, which we find
in the Intelligencer of Saturday morning. In
the language of that paper sail the irons are in
the fire." All the projected measures Of the
session have received the action of the commit
tees, TO which they have been referred, and now
await the action of the House. When they
will reach that stage of their journey, no sagacity
can conjecture--or which of them, or whether
any of them, will proceed any farther, and final
ly emerge from the Committee of the Whole,
under whose protection they are now slumber-
ing, we will not be SO presumptuous as to hazard
prediction. From the fact that the usual pc
Rod of the adjournment of the long session is
Congress intended to leave the great questions
as subjects for their industry at another meeting
and TO disperse without touching either the Ia
riff or the Exchequer. But from the amuse-
ment created by the proposition of Mr.. Camp
bell to adjourn on the l1th of next month, it is
to dispose of the former subject at the present
session. A revenue will be provided, but the
public treasure and the currency will be left as
they are-so says conjecture. We cannot pre-
tend to say that such will be the case, but such
we understand to be the prevalent notion con
corning the action of Congress.
We cannot pretend TO fathom the designs or
guess the objects of politicians. No doubt the
motives operating on Congress are multfarious.
Some months since, plan of finance was look
ed upon as the all absorbing question of the ses-
sion. But now il seems TO be regarded of Sc
condary importance, or rather we should say of
no Importance whatever. Why is it so The
People will require an answer But that the
financial question will receive no attention at the
present session must be extremely probable
when we reflect on the intrcacy of the Tariff
bill for revenue, OF which some judgment may
be formed by the following sketch:
A TARIFF BILL FOR REVENUE
Was yesterday reported by the interchangeable Com
mittee of Ways and Means Of the House of Repre-
the business of the session. all the irons the fire.
We wish that none Of them may burn
We have glanced our eye the bill, with view
TO give the reader general idea of its character. 1t
proposes lay duties goods imported from abroad
on the chief articles thereof as follows
On manufactured WOOL exceeding eight cents
per pound in value thirty per centum ad valorem.
On the Article, of the value of eight cents or
under, per pound duty of five pei cent ad valorem
On all manufactures of wool forty per centum all
val eYc carr kets nd Othe
articles on which special ad valorem duties pro-
posed
On cotton manufactured, three cents per pound
On all manufactures of cotton not otherwise speci
fed thirty per centum ad vaorem.
On all articles of silk according to their character,
thirty or thrty-fve per cent
On manufactured hemp forty dollars per ton.
On iron, in bars bolts, not manufactured by roll
ing, eighteen dollars per ton on the same article,
made in whole or part by rolling, thirty dollars per
ton.
On lead, in pigs bars or sheets, three cents per
pound.
On cut glass from twenty-five to forty five cents
per pound plain, moulded, and pressed glass from
ten to sixteen cents per pound
On all articles of china or any other earthen ware,
thirty per cent. adj valoIem.
On tanned sole or bend leather six cents per pound !
calf skins tanned and dressed, three dollars and f
ty cents per dozen, &c.
On all bound books in the English language, TWEEN
ty cents per pound, &c.
On raw sugar, two and half cents per pound
On teas, according their quality twenty cents
fifteen cents, ten cents, down to Bohea, on which a
duty of three cents only Is proposed
On SALT ten cents per bushel
After going through long enumeration of specific
duties duty of twenty per centum al vaorem upon
all remaining articles.
An additional duty of ten per cent. on all articles
imported in foreign vessels IN where specific
discrimination is not made IN the bill.
All duties hereafter to be paid in cash.
The bill also proposes to repeal the provso of the
Land Distribution Act which suspends the operation
of that act in the event of any duty being laid by
Congress of higher rate than twenty per centum ad
vaorem.