The Madisonian. [volume] (Washington City [i.e. Washington, D.C.]) 1837-1845, 1842-06-07
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 a brief abstract of it,, which we find
in the lntelligencer 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 coniecture-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
not far distant, an impression has prev vailed that
Congress intended to leave the great questions
as subjects for their industry at another meeting
and to dispense without touching either the Ia
riff or the Exchequer. But, from the amueo-
ment created by the proposition of Mr.. Camp
bell to adjourn on the 11lh of next month, it is
to be presumed that there exists determination
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 multifarious.
Some months since, plan of finance was look
ed upon as the all absorbing question of the ses-
sion. But now it 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 intricacy 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 indetatigabe Com
mitiee of Ways and Means of the House of Repre-
sentatives and now, if may speak 6gu atlveiy of
the business of the session. all the are In the fre
We wish that of them may burn
We have glanced our eye over the bill, with a 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 same 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 al
valoem, except carpeting, blankets. and some other
articles, on which special al vaorem duties are pro-
posed
On cotton manufactured, three cents per pound.
On all manufactures of cotton not otherwise spec-
fed, thirty per cenum al valorem.
On all aricles of silk, according to their character,
thirty or thirty-fve per cent.
On manufactured hemp, forty dollars per ton
On IRON in bars or bolts not manufactured by roll
ing eighteen dollars per ton: on the same article
made IN whole or in part by rolling thrty doars per
ton
On lead, in pigs, bars sheets, three cents per
pou d.
On cut glass, from twenty five to frty-fve cents
per pound on plan moulded, and pressed glass, from
ten to sixteen cents per pound.
On all articles of china or any other earthen ware
thirty per cent. al valorem
On tanned sole or bend leather six cents per pound
calf skins tanned and dressed three dollars and fiji
ty cents per dozen, &c.
On all bound DO ks in the English language, TWEEN
ty cents per pound, &c.
On raw sugar, two and half cents per pound.
On teas, according to their quality twenty cents,
| fifteen cents ten CENTS down to Bohea, which
| duty of three cens only is proposed
| On salt, ten cents per bushe
| 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 cases where specific
discrimination not made IN the bill.
| All duties hereafter to be paid IN cash.
The bill also proposes to repeal the provIso 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 al
| valorem.
| "THE VNDIcAToR" is the title of a new Democra