Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-04-30
The Senate Debating The Red River Disaster.
Cotton the Cause or II
d----SevenE-eight and Seven-eighths.
Congressional.
Conclusion of 1'h,1sday's Proceedings.)

The House resumed the cOnSlueTaClOn OF
the amendments to the tax bill, and having
disposed of all of them by concurring in
the recommendation of the committee of
the whole on the state of the Union, the
House proceeded to dispose of the new sec
tion offered by F. Wood, viz: So much of
the seventh section of the act of March 7th,
1854, to increase the revenue, as levies tax
of 40 cents OH spirits imported prior to that
date, be and Is hereby repealed, and the
Secretary of the Treasury be directed to
refund and pay all moneys thus eXacted.
Mr.. Washburne offered the following rs
a substitute: That all spirits of a domestic
production, and held for sale on the lst Of
May, 1864, and upon which no tax shall
have been paid, shall be subject to duty
of 80 cents per gallon; and all such spirits
on hand for sale, and on which prior duty
shall have been paid, duty of 30 cents per
gallon; Provided, that bona Jfde retail deal
ers in spirits duly licensed shall not be
taxed on their stock on hand, whose guam
tity on hand does not exceed two barrels.
The question was taken upon Mr.. WASH
burne's substitute for Mr.. Woods PROPOSE
ton, and 1t was agreed to-yeas II nays 62.
Mr.. Farnsworth offered proposition that
every person, institution and association,
issuing notes, bills, or other obligations, as
money, unless authorized by act of Con-
gress, shall pay one-fourth of one per cent.
each month ON the notes and obligations so
issued.
He said his object was to compel the State
banks to withdraw the circulation, and to
impose the tax not only OIL the money is
sued during each month, but also OH the
notes still out. The West does not want
the shnplasters and rotten issues of New
England and New York State banks. Six
months was too long to allow for the with
drawal of such notes, and he should like to
see this done In one month.
Mr.. Farnsworth's amendment to the sec
ton in relation to banks and banking was
again read, rs follows:
That every person and banking associa-
tion or corporation issuing notes or other
obligations calculated or intended to cir
culate as money, shall pay one-fourth OF
one per cent. each month, on such amount,
or which, having been issued, remain in cir
culation. This was agreed to by yeas, 80;
nays 81.
On motion of Mr.. Holman, the section
was further amended so as to impose the tax
upon the amount of capital stocks, emitting
the words "beyOnd the amount invested in
United States bonds" ..-.-.
On motion of Mr.. Yeatman, 1t was order
ed that the tax shall not be imposed ON any
bank in process of liquidation.
Mr.. Hooper offered an amendment max
ing the tax on incomes ten per cent, after
one year. This after debate, was rejected.
The committee then rose. All the amend
ments to the tax bill were acted upon and
reported to the House.
The consideration of the tax bill was re-
sumed.
Mr.. Fernando Wood, of N. Y, offered an
amendment, repeating the act of March last,
which imposes tax on foreign liquors on
hand.
Mr.. Washburne, of ILL.,, moved to tax
domestic liquors on hand 30 cents per gal
lon.
These amendments were reserved for fii-
ture action-all others are being acted on.
The tax bill passed, and the House, at q
quarter to nine adjourned.
WASHINGTON, April 20.
SENArE.-Mr. Grimes presented the me-
mortal of Alanson Penfield, Clerk in the
Treasury Department, praying for the con-
struction of reservoirs for supplying the
Upper Mississippi with medium stage of
water for navigation throughout the dry
summer months; and canal from the head
of Lake Superior to the Red River of the
North, via Sandy Lake, distance of forty
miles; thence via Crow Wing, Leaf river
and Ottartol Lake to Breckenridge, total
distance of two hundred and forty miles,
thus opening navigation by Red river and
Saskatchewan for two thousand miles to the
base of the Rocky Mountains, and furnishing
an outlet to the Hudson Bay region. This
would require an improvement of forty
three miles less than the Fox and Wisconsin
river canal route, and eighty miles shorter
than the Illinois and Mississippi canal.
Mr.. Ramsay introduced bill for the ben
eft and better management of the Indians,
by which the President Is authorized to To-
cate them upon new reservations, Congress
retaining the power to vacate such reserva-
tions, when the President can locate them
again and sell their lands.
Mr.. Doolittle presented memorial from
citizens of Wisconsin asking for an increase
of ten per cent. ON foreign wool. Referred
to the committee on Finance. = ~
He also presented resolution of the leg
islature of Wisconsin, asking for improve
ment of the locks on the Erie Canal, which
was referred to the Committee on Com
merce. Ht.
Mr.. Harlan introduced the resolutions OF
the Iowa legislature, asking for increased
mail facilities in that State. Referred.
Mr.. Henderson offered joint resolution
to provide for the printing of the report Of
the Commission, of which Major General
Mcdowell was president, to examine into
cotton speculations and frauds on the part
of officers In the west.
| A modification of the resolution of Mr..
Grimes requesting the Secretary of War to
transmit the report was accepted.
| On motion Of Mr.. Lane, of Kansas, the
words, "if not incompatible with the pub
| lie interests, were added.
| An amendment of Mr.. Grimes, request
ing all Information touching the subject or
| touching the persons supposed to be impli-
| Gated I'm the report was adopted.
| Messrs. Wilson, Fessenden and others
thought the resolution had better not be
| Mr.. Henderson said that the information
on the subject was desired now, as 1t would
bear on the bills now pending before this
body, and this was the only authentic way
to obtain It. He had read letters in the
| last three days from the Red river, saying
that our defeat there was on account OF
speculation. The cavaly In advance on that
occasion, numbering three thousand men,
had two hundred and sixty-five wagons,
(which became entangled and confused, and
brought on the disaster.
/ Mr.. Wilson wanted to know If the Sena-
| tor charged that the Red river expedition
was undertaken for the mere purpose oi
getting cotton. ssi
Mr.. Henderson said, nosuch thing. HI