The New York herald., 1862-03-09


that most uneasy feeling exists In addition to
John Minor Bolts and the other gentlemen lately
incarcerated on charge of treason to the Davis
government, number of Germans belonging TO
the Turnyerien have been arrested in consequence
of Union flag being displayed in the meeting hail.
The greatest excitement is said to prevail at
Norfolk in expectation of an attack and the de-
s.ruction of the city by General Burnside, who
was reported to be moving from Winton, n c.,
on Suffolk, Va, where large force of rebels are
concentrating to resist him.
A despatch received at Fortress Monroe from
Atlanta, Ca, says that our troops have occupied
Murfreesboro' and that General Albert Sydney
Johnston has fallen back to Decatur, Ala.
By way of Denver City we are informed that
desperate battle has taken place on the 2lst ut at
valverde, New Mexico, on the left bank Of the
Rio Grande. ten miles south Of Fort Craig. where
Colonel Candy commands the Union army. No
details of the fight are given; but the loss is said
to be very heavy both sides, and that both par.
ties claim the victory The news, so far, is rather
vague. It is reported that whole regiment Of
New Mexican soldiers fed ignominiously, and that
Captain Mcaae, Of the artillery, and his entire
command, were killed at their posts and their guns
accounts of the commanding officers on both
sides-Colonel Candy, Captain McRae, and the
rebel commander Sibley.
THE TAX BILL:
We lay before our readers this morning the most
important sections Of the Tax bill reported to
Congress last week. The discussion of this mea-
sure has been made the special order for next
Tuesday, when it will undoubtedly receive from
members Of Congress the attention which its inn.
portance demands. Some amendments will un-
doubtedly be made before the bill shall become
law; some changes suggest themselves to US.
1t will be seen by reference to the act, as pub
lished elsewhere in our columns, that the Com
mittee Of Ways and Means did not neglect to
impose duty on goods manufactured Of cotton, as
was at first supposed, but that they inserted
clause requiring goods of this description, in COM
mon with those manufactured Of wool. silk,
worsted, fax, hemp, jute, &C., to pay duty of
three per centum ad valorem. 1t would seem,
however, that this rate is too small, when we con-
slider that our manufacturers have been aided so
greatly by the passage of tariff act levying very
high duties on cottoh goods of foreign manufac-
ture. The rates imposed by that act on this class
of goods so high that they have had the effect
to greatly diminish the importation thereof. But
cotton goods will always be consumed in large quan
titles and if the price of those manufactured abroad
be too high those of our own manufacture will be
consumed in larger quantities than heretofore.
Such has already been the effect of the Tariff act
referred to. Our people could afford to pay twice
the rate required by the act stands present,
without suffering by it. The price of cottons of
American manufacture would not then approach
that of those of English make; the prosperity Of
our manufacturing towns would not-be affected by
the tax, and the government would realize
largely increased sum.
Tobacco, in an manufactured state and In the
form of smoking tobacco, will be required to
pay duty Of three cents per pound, If the
bill passes in its present form. An ad
valorem duty on this article would be much
fairer. Tobacco varies greatly in value, and
tax of three cents per pound an inferior quality
would be much more oppressive on those who use
it than would be tax of the same sum on a su-
perior quality on those who use such.
The tax on incomes Is made payable on the 30th
of June, 1862, and of each succeeding year until
1865 when it is to cease. The rate is to be three
per centum on the excess Of income, or salary,
over 5000 per annum, and not three per centum on
the total income, salary, was at first reported
by telegraph. Thus man receiving a salary of
81 900 will be required to pay tax of but twelve
dollars, instead of thirty. few only would COM
plain II the last named sum were required of them
A scheme similar to that offered in Congress few
days since would meet with no opposition, and
would be more just tkan that proposed in the Tax
bill. We refer to that by which rate of taxation
gradually increasing with the amount of salary
received, is proposed.
MISCELLANEOUS NEWS
In the Senate of our State Legislature yesterday
the bills to amend the divorce laws and to punish
the fraudulent use Of trade marks and stamps were
passed Bills were introduced to improve the
Central Park and to close avenue between ll6th
and l20th streets. Notice was given of motion
to create a "gridron committee" The Governor
sent in resolutions of the Maine Legislature in favor
of tariff on wool. The Assembly went through
more extended routine of business than the
Senate, number of new bills being introduced and
several reported upon from the standing committees.
Among those which made their first appearance in
the House were bills to allow alien residents to
inherit as we'll as devise real estate, for vote on
the prohbtory amendment to the constitution,
for railroads in this city, and for variety of
other objects Of local or minor interest Petitions
were presented against the proposed New York
and Brooklyn Carrying Company and against the
Spring Street Railroad. The resolutions approving
the recommendations Of the Presidents late specal
Message were called up and referred to the Fede-
raj Relations Committee. Considerable other busi
ness Of less general Importance was transacted.
The steamship Khersonese, Captain Hough
from Liverpool 10th ut., arrived at this port last
evening. She encountered strong gales and large
quantities Of ice.
Our correspondent at Montevideo writing on the
ath Of January states that the anniversary of the