New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-06-02
ETxVITI.h CONGREss....F ir., Session.
SENATE. W WASHINGTON. June i, 1904.
NATIONAL RANK BILL.

NATIONAL BANK BILL.
Mr. SHERMAN (Un., OhiO), from the Conlinitlee
M Conference on the aisagrceing votes OF the Two
Houses the National Bank bill made report. ne
explained that there only ak points OF pe
tween the Senate and the House the ater n"11nS se
orally agreed TO the former amendments. Inc mos,
material amendment was 10 require Gil panss haS1 anu
West to redeem their currency at par III NS"-i ols
cent discount on their notes redeema1e in NewYork
Mr. HALE asked what the difference as 70 staio
Taxation between the National ana otale panAs IN '"
Mr. SHERMAN explained that in this bill the whole tax
relates National banks the state BANK suPeet ps
Ie 10 the tax bin The rates imposed by TINS DIN aIe
one per cent on circulation, two per cent on 1ePoss
and one per capital not invested IN the Dons ~
The United States and State taxation OF SHARES anu
bonds is permitted in the hands Of holders to DC pau al
Che place where the bank is located.
The report was agreed TO-
IMPORTATION THROUGH BRITISH PROVINCES.
Mr. SUMNER from the Committee on Foreign Affairs,
reported back the bin permitting the expectation OF
goods from the British Provinces through the United
States with request that the Committee be discharged
from its further consideration Agreed to.
PUBLIC PRINTING.
Mr.. ANTHONY. from the Committee on Printing,
reported the House bill to amend the act relative to
public printing. and 1t was passed
JURISDICTION OF DISTRICT COURTS.
Mr. Howard. from the Judiciary Committee, reported
tnok the bill extending the jurisdiction OF District
Courts with a recommendation that 1t do not pass.
PUBLIC LANDS.
M HARLAN from the Committee on Public Lands,
reported several bills asking TO be discharged there
from including one TO excude disloya persons from
lands of the United States which the Committee recon
nendcd 10 be referred TO the Committee on the Judi
cary-all of which was agreed to-
RELIEF FOR WISCONSIN.
Mr. HESDRICKs called up the bill for the relief OF the
State OF Wisconsin paving her five per cent on the sales
Of public lands within her limits and the bill was dis
cussed until the close OF the morning hour
ARMY NEWS.
Mr. JOHNSON introduced the following, which was
R.oired That the Secretary of War be requested
States 10 communicate the same to the Senate when in hi.
opinion the be given without injury to the puohc
Interests
Mr. JOHNSON. from the Committee on the Judiciary,
repored bin authorizing The settlement and payment
ofccrtuin claims against the United states with an
amendment simplifying INC mouo OF ATTAINING s0'''o
ment.
Mr. WILSON from the Committee ON Military Affairs,
reported back the joint resolution rendering the thanks
of Congress and awarding gold medal TO LEM, 'oo-
Joseph Bailey. Acting Engineer Of the laih Arm!
Coris for his services in rescung our gunboat fleet
from peril in tho Red River, with an amendment us
THE REVENUE BILL.
The Revenue bill came up IN order.
Mr. WILSON offered the following amendment:
Tia, a tax Of one half Of one per eentum upon the
gross amount of all sales OF goods wares, merchandise
produce livestock, selling and steam FcsScs OF an
descriptions, and Of other articles Of commerce OF
trade whether foreign domestic excluding corn ana
gold and silver manufactured and including real estate
whether such sale be judicial public or private except
ing the sale OF persona property not less than slOO
Mr. WILSON said il was absolutely necessary TO have
mole money than the bill would give u.s. Itwould give
no more than sos 900 600 WHOM SO NODDED ESQ 0f.-
COO Ills amendment would accomplish the paFrose.
Mr. SHERMAN characterized the provision of the
amendment cumbersome iLeApedle4i ana expensive
MIR lTssENDES said II would cause the bill 10 iali
Mr. WILSON then withdrew H.
Mir. WILSON proposed al amendment 10 Section 10,
70 strike ont all alter me Mo I ln S ,a, ~
the ninth line to the word and IN the tWe4th
line and insert the words do not exceed ,he sum OF
e6OO and b. not derived nom compensation from actual
personal labor or services personally rendered I'D me
chancu pursuits duty of three per ccntum. and on
the excess over 5000, and not exceeding $1,000 nvo
per cehium.
This was rejected. a,
Mr.. WILSON moved an amendment decreaSnssthe
salaries VI the Assessors as follows: Where The receipts
OF a col elton district shall exceed tie SUN OF SipuD
annually oncha ~ per cent upon the excess OF the
receis over 500 OD0 where tie receipts Of coiec.
tion district shall exceed sioVO and shan not exceed
S69 CO. fourth Of one PER centum upon the excess
OF rece IT. over 500 C0O whore the receipts shall ex
cced s5gGC0 onotenh Of one per centnm Oh such ez-
coed the sum OF 81 O00 Which agreed TO- % 20
Mr. GELsts offered an amendment that there shall be
no frihci direct tax whatever collected under this or
any other act til Congress shall roenact another law
making an assessment Of direct taxes.
MIR FEssgSDEs hoped this amendment would not
Western interests against each other and delay tins
bill .,-. -.
ducing the amendment now, but he considered the
present act useless and 8 dead letter.
Mr.. DAVIS denounced the injustice OF the direct tax
on the Western and Border States.
Nj WILSON wanted the Rebel estates subjected TO
This d Get tax. lie understood that Bcauregurd For.
res; and the renegade Gov. Harris Of Tennessee had
recently paid their taxes. Whether il under the
Amnesty Proclamation, which had done 50 much ms
chief he did not know; but II THIS amendment were
aioItod il would be Interpreted by the administration
as reialke 10 the Administration and It's previous acts
OF cOn1scaOn and sales OF Rebel property undeF the
present direct tax law.
The amendment was adopted q 10 &C. es follows
YHAs-M.s.rs. Brown, BucE-ew Garlic Chandler, Davis
Doolife Crimes, Harlan, Henderson. Hendricks Howe,
Lsne "a cn-s.l Lane (nd PoaeToy Powell kansey kich'
ard Ions sherman, Truubui, Wilkinson and " l.on.
NAys-Me..fs Clark Comes Fessenden, Foster, Hale,
HaIri. icks johnson, morssn Morrill,, sumner Ten Eycs,
Van Wiuke Wade and Wiley
Mr DAVIS moved to amend the l09th section by IN
sorting that notes bills OF banks issued before this
act goes into operation shall not be liable to any tax
whatever. Mr. y. supported his amendment at some
length lie believed that II the Government OF the
United States we're 10 give notice that IN SIX or twelve
months il would specie payment not bank In
the Union but would place Itself IN position TO DO the
same thing. Banks in Kentucky were able 10 redeem
every dollar Of their circulation in gold, but were not
presented.
Mr SHERMAN would suggest that some such remedy
that adopted By the Rebels in similar and that
tax laid the holders Of these bills according to
the time they are withheld.
The amendment rejected.
An amendment of Mr.. Clarks was adopted inereas-
ing the ne-cut tobacco sold or delivered, loose
in bulk, packages, papers wrappers or boxes nom 80
10 a. cents.
AT q O'Clock the Senate adjourned.
HOUSE OF REPRESENTATIVES,
BANKRUPTCY BILL.
IL OnI %