The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1861-07-27

special purpose. That he was willing that the
protest should be considered if it not to be
placed on the Senate journal.
On motion of Mr. SUMNER the Senate went into
Executive session.
Adjourned.
HOUSE OF REPRESENTATIVE
Mr.. DAWES, of Massachusetts, from the Commit
tee on Elections, reported a resolution that Mr..
ShIei Is entitled to seat as the member from
Oregon, instead of Mr.. Thayer, who now occupies
it.
Mr.. SEDGwIcK, os New York, from the Committee
on Naval Affairs, reported bill, which was passed,
authorizing the President to appoint cnmmandants
OF navy-yards from commanders as well as from
captains.
Mr.. VANDEvER moved an adjournment
Mr.. FESToR moved that when the House ad-
journed, it be till Monday
Mr. CoLFAx inquired Of Mr.. Stevens, the chair
man Of the Co onmittee of WAYS and Means when
it was probable the House would be able to adjourn
sine dre.
Mr.. STEVENS replied that it depsnds somewhat on
the Senate. He intended to move to 90 into Com
mlttee OF the Whole on the State of the Union, to
consider the tax bill. The House bv its action on
that measure would be able to determine as to
whether Congress shall stay here longer.
Mr.. WAsHBURNE. OF Illinois, suggested that the
House should continue iu session to-day until the
reports OF the Committee of Conference be disposed
OF, instead OF adjOurning row till Monday.
MT. STEVENS was not aware of anv business pend
ing on which the Committee of Ways and Means
were Immediately concerned. He inquired of Mr..
Wash0urne whether the Committee on Commerce
intended to report back the bill repeating all laws
which create ports ofentrv in he rebelious States
Mr. WAsHBURNE replied that the committee are
considering that measure, and have been in consul
tation with members of the Cabinet concerning it.
The subject is full Of embarrassment, and he was
unable TO say whether the committee would not
make a report
Mr. Cox, of Ohio, offered a resolution that, the
Senate concurring, Congress adjourn on Tuesday
next at noon.
nF
amendment By inserting Monday, which Mr.. Cox
acc apted.
Mr.. McCLERNAND hoped that Mr. Cox would with
draw the resolution, Congress, before adjourning
should make some provision for additional revenue,
else the Government credit fails.
Mr.. WRIGHT-"It has failed already"
Mr, MoCLEeNAND1"No, sir; l move to lay the
resolution on the table"
This was Immediately carried.
Mr.. VANDEvER withdrew his motion to adjourn,
and the House negatved that for an adjournment
till Monday.
The House then went into Committee on the di-
rect tax bill, Mr.. Colfax in the chair.
Mr.. SPALDING, of New York, obtained the floor
ana In an elaborate speech urged the passage of
the act as matter of pressing necessity to the
Gaverhment. Already Government loans bearing |
interest at six per cent found unsaleable, or
could be disposed Of only at 81 or S5 cents on the
dollar, and it had become absolutely necessary to |
induce the capitalists to take loans, by the liberal
ity OF the rate Of interest, and by ample guaran-
tees of their ultimate repayment He earnestly |
asked gentlemen not to evaie the responsibility of
the occasion, but to come boldly forward to the |
support OF the country, which must else go into
bankruptcy. The system of taxation proposed to |
be introduced, is which will last for many
years; and whatever defects may be discovered in
the present bill, could be remedied in time.
MIR. DIXON, OF New York, also favored the bill
which he pronounced an admirable one, inasmuch
rs 1t pledged the real estate of the country to the
expenses of this war
Mr.. EGERToN, of Ohio, opposed the bill chiefly on
the ground that while the lands of the farmers
which pay but three per cent, were pledged to the
payment OF the expenses of the war, the wealth OF
of merchant princes and of commits
sion merchants, bringing in not less than ten per
cent. profits, was exempted. The common sense
)f the people would, he was sure, revolt against
he bill. Better that the country should Temporal
lily become bankrupt than that odious bill
hould pass Let it become a law, and the farming
interests of the whole country would rise up against
the war.
Mr.. EDWARDS, of New Hampshire, thought this
'ill could not be forced through the House BY ap-
,ealng to the fears of the members that they would
'e placed in attitude of hostility to the Admin
ration The tax, he cnntended, was unequal and
therefore, uni just, and he had fears that in oppO
,nts.
lengthy and tedious discussion eusued, during
which II number of amendments were proposed,
when at O'Clock the committee rose.
Mr.. OWEN replied that if this Congress shall ad-
ourn without providing the requisite means de-
handed by the Government, they will be greater
lastards than those who fed from the battle field
m Thursday and on Sunday. He confessed that
The pI obabiity of this House adjourning without
passing this bill was to him more appalling than the
disasters which befel the Government on Sunday
Mr.. MAY asked unanimous consent to in
roduce memorial from number of citizens of
Baltimore.
Mr.. LovEJoY, and other Republican members, OBJ
ected.
Mr.. MAY, persisting in his appeal, said he did
lot desire to say word the subect-be
merely desired to introduce the memorial for re-
erence.
The objections renewed.
Mr.. MAY assured the gentleman of the majority
hat the memorial was from loyal citizens OF Bal
imore.
The objections being persisted in, motion to adj
ourn was renewed and carried