The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-06-06
WASHINGTON NEWS.

| The PACIFIC RAILRoAD-THE TARIFF BILL
| Inc racine Railroad Committee held meeting
| on Monday morning to consider the technical OBJ
| Jectlons made to the BILL and unanimously adopted
| two amendments-the first, offered by Mr. Fenton
| providing that the persons named in the bill shall
| be Incorporated before any advances of bonds or
lands are made by the government. The second
offered by Mr.. Curtis provides that ifty-mile sec
lions of road shall be completed and such State or
Territorial laws procured and mortgages executed
as shall render the mortgage lien binding and legal,
before the title to the lands shall be conveyed or
bonds advanced to the Company. 1t was also pro-
posed to admit an amendment granting aid for a
road through Texas, but the proposition was with
drawn temporarily, with view of preparing and
presenting it at another meeting tomorrow. There
is a strong disposition in the House toward this
amendment, from the belief that it will materially
aid the passage of the bill. Mr. Curtis expects the
subject will be reached by the call of the Commit
tees and still entertains confidence that the bill in
some shape will be carried through. Numerous
petitions have already been received, urging deci-
sive action, together with a strong memorial from
the Chamber of Commerce of St. Louis.-Mr.
Schell and other officials of the New York Custom
House, have been engaged in preparing a Tariff
BILL to be submitted, if considered advisable, as
substitute for that of the House. According to a
careful estimate made in the New York Custom
House, Mr. Morrill's tariff will produce about $685.
600, 900 from customs, the basis of last years
importatlons, which corresponds with the figures
of the Ways and Means Committee. The same
thority reports that one of the most immediate
effects will be to reduce imports and it is expected
that they will fall below $500 900 the first wear
of its operation, which Secretary Cobb thinks a
great misfortune, and others great blessing
Mr.. Prescott on Monday assumed the position of
Assistant Secretary of State Mr.. Appleton will
not leave the United States for Russia for some
weeks. He has not yet been confirmed by the
Senate.
THE INVASION OF FIFTH AvENUE.-A New York
correspondent of the Washington Constitution
writes as follows:
"The encroachments of business on the social ex-
clusiveness of this noble avenue seem to be in
creasing. The residence of Mr.. Haight, on the
ner of Fifteenth street, house which, for beauty
of external architecture and for internal elegance
and convenience, is quite unrivalled in the United
States-is the last victim. The demon of travel
must we take it, have combined with the demon
of trade to bring about this result, which cannot
fail to be regretted by all who have experienced
the Inequalities of this splendid mansion; and no
doubt its occupants will soon be found among the
list of passengers in European steamer. We are
happy to saw however that the dissertation in this
case will be limited. 1t is not trade that is to
succeed the family circle, but club. The New
York Club, most fortunately for themselves, have
secured lease of these premises; and they have
thereby secured large accession to their mem
berships; for no club in the country can boast of
such princely accommodations. The change of
occupancy is not to take place until some time in
the autumn.