The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1846-07-19
BY THE MAILS.
WASHINGTON, July II, 1876

WASHINGTON, July II, 1916.
The Tariff and the Senate.
COL Benton to-day has partially defined his po-
sition upon the tariff, in few remarks upon the
treasury note bill. He wants a tax upon tea and
coffee this exigency of the treasury, as well as
upon salt-a tax upon every thing rather than a
resort to treasury notes. These few inklings from
Old Bullion were very refreshing to the wings
tho volcanic brow of Webster even frightened up
lit afforded ray of hope. The fact stands
then, about thus while Dix or Dickinson has the
power OF getting fifty instead of twenty per cent
on salt-Old Bullion has the power of a duty
upon tea and coffee! But if that is incorpo-
rated, will not Allen, or Hannegan, Semple
or Cass fly off the handle If left out,
will Old Bullion 20 for the bill We only want
an impraotcable amendment to kill the whole
scheme The beautiful expostions in the figures
OF Evans have shown that there must be falling
of of about 81, 900 OF revenue under the new
bill and this at a time when the expenses of the
Mexican war up TO the first OF August will have
amounted TO twenty millions of dollars over the
ordinary expenses of the Government. In this
dilemma no wonder the power was given in the
note bill to reissue Treasury shin pasters making
the Treasury sort Of bastard National Bank, pro
fempwe. And with the hard money notions of
Old Bullion, no wonder he should move to strike
out this clause of re-issuabliiy, as he termed it,
Lewis was professionally taken abaft the w 1eel-
house by this motion; and while, at the close of
Evans's expose of Mr.. Walkers arithmetic, the
Il
half an half an hours delay of the bill as lost time
Alter the motion OF Benton, he promptly saw that
the only alternative TO the probability of UNDER
standing was the postponement of the case till to-
morrow The fact is, the new tariff propose as
a substitute for revenues by duties upon imports
the more expensive but certain result of a resort
to direct taxation. Instead OF tax upon tea and
coHee, TAX upon the milk OF the poor mans
children, by taxing his COW. BY direct taxation it
will cost l0,O00,0O0 collect 10000 900, without
making any allowances for Swartwosting, four
tunes the cost of collecting the same amount in
duties upon imports. In direct taxation, the tax
moreover, is compulsory; under the tariff system
It is optional as to the amount and the quantity
CITIZEN CIT q Is required to pay But the South would
be largely the gamers by an excise tything sys-
tenn, while the Norrh has largely the advan-
tage under the act of AZ.
But the question now is neither figures nor
comparisons; but the question is, shall, WILL or
can the bill pass The South say it shall-thc
Secretary of the Treasury, relying upon the word
OF Mr.. Dallas, says il will; but we don't exactly
see how it can. But Senator Sewer says it must.
We frankly confess that to-day the chances APP
pear to be against the passage of the bill; and
Mr.. Lewis is sagacious enough to perceive
though the perceptive organs of remarkably fat
man are not always so acute-yet Mr.. Lewis has
the saBacity to see that every days delay en-
hances and increases the danger of failure
Hence the irrita bility of Sewer, the anxiety of
McDuffie, aild the impotence of Speight They
are afraid of an out-of-door sfa,npcdo--they al
ready smell panic. There is most glorious
uncertainty hanging over the iron men OF Penn
syiyana In another view, an entire splitting up
and reorganization depends upon the passage of
the bill. Pass 1t, and Pennsylvania wheels into
the wing coiumn--reject it, and the whip act of
~ stands endorsed by a democratic Congress-
This is the dilemma and these are the two horns
of the case--or casus 6sLi.
"Quod nunc ratio est, impetus ante fuit.n
That which we condemned yesterday, we are |
now ready to approve.
We observe that, while the freetraders have
never word to say to Cameron, Sturgeon or
Nles,-thsy walk around Col. Benton with the
greatest circumspection. They look as if thev
thought ''thc least said, the soonest mended Is
They sit there as if half angry and half guilty with
perc eptible tncture of unmistakeabe appre-
henson. put like old John Adams, "snk or
swim, survive or PERISH" they resolved to 20
It; and what is more, they are resolved to 60 it
bl,nd. Scarcely enough Of them for the purposes
OF common courtesy listen to the discussion-they
decamp to other rooms as as the Wing
speaker rises; and when he is through, they cali
for the question:
As to the ruin of the country from the passge of
the bill, q is all CANNON. The only question is
large public debt, or direct taxation, from the
funds required Party drill will be brought to the
severest test, but as in the case of the Texan an
nexaton, we expect 1t will triumph, that is we
rather incline to that expectation, though the
speech OF Col. Benton to-day has sent a committee
OF visitation to his house to night.
lo-morrow we may expect since the defeat of
Mi. Calnouns Mississippi bill in the House, a
i n scene on me general river and harbor bill.
=. Csihonn Is almost tempted to go for the
rivers attached but it is a little too strong If
passed, you may rely upon veto which will still
further endanger the Tariff bill. and The h;II ~
brought to direct vote will be passed
WASHINGTON, July IL, 1886
Private Ciaims-a Suggestio,,- Reforms--A Court
Martiat-Mr. Y,ass's Brofhsr--7 The Public Iate-
rests