The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1859-01-27
LATEST NEWS.
TELEGRAMS.
[ From our O,en Correspondent
From WASHINGTON.

| WASHINGTON, January 2G.-The prospects for a
revision of the tariff do not improve. The Com
mittee on Ways and Means are again hopelessly di-
vided. There appears to be but little hope of secu-
ring majority for any proposition whatever. Ev-
erything is brought to dead lock. Tonight Mr..
Phelps the Chairman of the Committee, is closeted
at the Treasury Department with Secretary COBB
and the Chief Revenue clerks, endeavoring to ar
rauge another report, in the hope that it may meet
abe appreciation. To-day the Committee on Com
merce agreed to recommend the appointment of a
Commission of three experts to examine the recent
" defeated bill for the codication of the revenue
laws, and to decide whether it is the best measure
that can be devised for the purposes for which it
was designed; and, if it is found not to be so, to
frame another. In either their report is to be
submitted to Congress for its ratification by law
Judge IRWIN, whose is before the Judiciary
Committee, on demand for his impeachment, has
reached the city and in all probability will foresta
the action of the committee by sending in his re-
signation.
From the Reporter Of the Associated Press
The House Committee of Ways and Means had
protracted and animated meeting this morning on
the subject of the tariff.
Mr.. Phelps of Missouri, had before them bill
framed in accordance with the suggestions of the
Secretary of the Treasury, and Mr.. Merrill, of Yer
mont, presented one, supported by the two other
opposition members, Messrs. Howard and Davis
of Maryland, containing principally specific duties
compounded and admixed with ad valorem rates
Mr.. Phillips, of Pa, introduced a bill based on the
tariff of 1885, with short list of specf duties and
containing the principal part free list of the act
of 1851 Neither these projects seemed to be accept
able to the majority ofthe committee. Messrs Letch-
er, Dowdell and Crawford being opposed to any
change of the tariff at this time. As less than a
majority cannot make a formal report, the proba-
bllity is that nothing on this subject will be report
ed from the committee this session.
The above named bills, may, however, be brought
into the House by courtesy with view of having
decision on their separate merits.
The committee have decided that they would re-
port no loan bill except with revision of the tariff
attached and fixed that amount at S25, ,000 900, to
fund the Treasury notes and pay the interest there
on-the loan to be payable at pleasure after two
years and before six.
All parties are in quandary about the tariff 1t
seems to be understood that the Republicans and
Pennsylvania Democrats generally will support
specific duties, but the majority of the Democrats
rather than do this will let the tariff stand as is even
If they have to come to direct taxation to support
the Government, such is the report of gentlemen
who have given close attention to the subject The
result may be the passage of twenty-five million
loan bill and nothing more, for the relief of the
Government during the next fiscal year.
The cost of the coast survey for the thirteen
years, ending with 1856, was 49, 7l0, 900, and for
half of the year 1851 S25S SO0O making total, add
ed to the facilities furnished by the navy of
81 4,247 900.