The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1861-08-06

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pound reduced to cents pound on raw sugars
| Now ! come to tho diroct tax. The direct tax Is
from which we shall realize perhaps s12 900 600 with the
right to the States to assume it, No doubt they gcheray
will assume it. because they have made advances our o.
thctr own money for the fitting out Of volunteers Whcn
have passed bill to sete and the States by have
thus made advances will doubt assume this tax upon
themselves getting the fifteen per cent discount ana y
by settling their accounts There In the bill which
came from the House Of Representatives large provision
IN relation to Internal duties upon carriages upon watches
upon dstiieries We found II exceedingly complicated III
it's arrangements and machinery, AMI were somewhat
doubtful Of its results and nasmuch as II was said that
the House OF representatives entertained very much
desire not to have any United States officers in the
States than they could help and nasmuch as that was
species Of tax that the States could not assume because
they could not know its amount until Collected we
agreed TO leave out that provision Now wo come to the
income tax The House of Representatives had passed
| one bill the subject; the Senate had passed a
different one. The Senate bill taken in its lead
ing features. The Senate had laid the income tax upon
al incomes above 81 000 and put the tax at 1--WE per cent
but when did that thcre direct tax before u.s.
When they had the direct tax put into the bill the House
fixed the income tax all incomes above 5000 ct three
making it apply to al incomes shove $500 a, three per
cent That is the way the bill stands now Some inodih
ax for this reason it became necessary ~ We put 10 the
direct tax 10 provide and u Is provided, that IN ascer
tanning ths income yon shall not take into consideration
the products Of the real estate that taxed under tho d.
rect tax portion Of the bill but, according 10 the bill
which the Senate passed would have BEEN In this bill
is not avoid taxation on the same property
two forms. Now have stated what are The ana
leading features Of this bill It contains the Tariff bill
modified as have stated provision for direct tax Of
000 with right Of assumption by tho States and
| an income tax on oil incomes above $500.
Mr.. GRIMEs-what Ia the direct tax ON?
Mr.. CoLLAMxR-On all real estate.
Mr. GRiMEs-NOt on personal property
| Mr. CoILAxKR--No sir.
Mr. KNG-Has it been read2
| Mr. CorLAMER-n gentlemen have chosen TO read IT.;
they have had II on their tables long time.
Mr. GRiMEs-The Senator says we have had this on our
| tables a long while. may be njsnformed; may not
understand the case; but as understand it, the Chair
Of the Committee of Ways and Means Of the House
of Representatives introduced direct tax bill Of seventy
four pages making very respectfully sized book tho
House Of Representatives took this up and referred II
Committee Of the Whole House, and they made sundry
amendments 1t is that bill, Is amended I under
stand it, or portion OF that BILL amended which this
Committee Of Conference have Incorporated nso this BILL
and we are now called upon 70 aot il, and not the bill
| as laid upon our tables Am rights
Mr. CoILAAER-l suppose that BILL AZ the House finally
passed it ultimately printed though have read
| 1t myself, but saw il in committee.
Mr. GRaEs-I think that it has not been printed; at
any rate no bill Of this character has been laid
| tables since the 23d OF July.
Mr. CoAxER-Does the Senator wish to defer it that he
may examine itp agree entirely with the honorable
from any action of mne that he the opportu
nifty to examine measure, If he desires it,
Mr. GRMss-i have never even known until this mo-
ment that there was no tax OH personal property in these
bills, but that all this to 60 real estate willing
TO vote on II II the Senate is.
Mr.. CoLLAMKR-I stated before and state now that
tho bill is essentially the same in all it's essential features
with the bill by which direct tax has been laid four
ZINES ID tnlS government rved under and Collected and
There never was tax on personal property by this
government.
Mr.. slxxoSs-I will explain to the Senator from
lowa that II is competent for any State to
sumo it's quota Of this direct tax, and pay it into
the Treasury with deduction Of Is per cont and take
own machinery for collecting II. If they tax personal
property in the States they tax personal ro.
pery to get the monsy under this bill their treas
uries so that viii leave personal property the States
now leave it.
Mr. SHERMAN trust the passage Of this bill viii not be
delayed is msnifestthat unless close the business
nf Innura t,a
tain quorum OF the other House after Monday have
been Informed by leading mbers Of the House that
will be impossible TO retain quorum Of that
House beyond Monday morning will say In regard
this BILL that have read the various elements Of the bA
IN different bills andI believe now has assumed form
that all OF US can vote for without sacrifice Of the
terests Of constituents II it IL necessary to pass any
direct tax bill at all this is A. mild form DO
in and trust therefore, this bill may be taken partly
on credit aud think, on the whole 1t Is fair com
promise OF the various elements to be consulted x
Mr. KING--This report has not been read There are
disputes about it, should ike to hear the report read
We may then have An opportunity TO know what IL Is
Some gentlemen think there are provisions in that
material, and some that are namaterial.
The rnxsipIyG orrcEnrhe Secretary will read tho
port of the Committee Of Conference.
The Secretary read as follows
The Committee of Conferences the dsaarcenq votes
increased from mports, pay ntereet on lie
public debit and for other purposes, having met, after
full and free conference have agreed to recommend to
their respective Houaes as follows
That the Senate cecede from thor amendment 10 said
bill and the committee agree to the following substi.
tute:- J. +. SIMMONS,
J. COLI AMER, s7t''n
Managers on tho part OF the Senate.
THADDEUS STEVENS
JUSTIN L. MORRILL,,
ERASTUS CORNING,
Managers on the part OF the House.
PROVIDE NcRRAsED REVENUE IRON INpoRTs TO
PAY THE INTEREST on THE PUcIIc DEBT FOR OTHER
Be enacted by the Senate and House Of Representa-
tivcs Of the United states Of America n Congress-
bed That from and after the date Of the passage this
act in lieu OF the duties heretofore imposed by law the
articles hereinafter mentioned and on such may
be exempt from duty there shall be levied collected and
paid the goods, and merchandise herein enrne
rated and provided for, imported from foreign countries
the following duties and rates Of duty that to say:
First,
Cents
On sugar commonly called muscovado or brown
sugar, and on sugars not advanced above No. IL,
Dutch standard, by ciaying, boiling, clarifying or
other process, and on syrup Of sugar, or OF sugar
cane and concentrated molasses, or concentrated
On white and ciayed sugar when advanced beyond
the state, above No. IL, Dutch standard, by
clarifying other process and not yet refined 49,. AK
On refined sugars whether loaf, lump, crushed or pull
On SUGARS after being refined whsn thew are TIM.
tured, colored or in any way aAulterated and on
sugar candy. ACKNOWLEDGEMENTS. .
On moasses, per gallon. ..............
Provided, that all syrups Of sugar. or Of sugar cane
concentrated nioasses or meado, entered under
the name OF nloasses, or any other name than
syrup OF sugar or OF sugar cane, concentrated mo-
lasses, or concentrated nelado, shall be liable TO
forfeiture to the United States
VI iehS, PSF
On almonds ..........,..........,,...,, 1
On almonds, shelled =. ...
On orimstone crude per ton .................$3 90
On birthstone, in rolls a 90
! On coffee Of all kinds per pound ..............,
VI Coooa
On cocoa leaves and COCOA shells ............., 2
| On cocoa prepared or manufactured ............
On chiccory root.
On chiccory ground 2
IN chocoA'e
on cdssa 10
On cassia buds. .....,............ Is
oh CiniainSu 70
On Cayenne pepper, ground. Observation-Disclosures.
w CurI
On cream Ar
On tartarc acid and tartar emetc and Rochelle salts 10
VI ua.cs
Oh iss.
On ginger, ground
On lcorice paste and juice.
On mace and nutmegs.. IS
On nuts Of ali kinds not otherwise provided for $500.
On pepper OBSERVATION-DISCLOSURES.