Evansville daily journal. (Evansville, Ind.) 1863-1866, 1864-12-15

tax would be SIS, 600, 0G0 q year.
u not only proposes q TAX upon sales 1
:. taally made, bat upon ali who s.
stocks, gold and produce. I. will Ia
y more-of q restraining effect upon spec
7 lation in gold than any gold bill Viii,
4 can be passed, which will make it
penal offence to sell gold in the mark
Or make any distinction between 20
and paper currency. 1t also propos'
that the Committee shall inquire IN
the propriety Of adding . tax Of 25 d
: cent to all the Railroad fares of Il
country, including street railroad
steamboats,, and ferriages, making sue
Companies tax-gAsherers for the Go
ernment These are source Of incom
and revenue which is the most INN ed
stely accessible Of any upon which N
Government can lay It's hands, whie
/ would be received in large qusntite
iron powerful Companies whose res
enues would become immense. This /
the time when We shoald seine hold 0
these means which would produce rev
enue. for money We must have.
Another point in tie resolution il
simply 10 inquire whether il is not bes
70 prevent the organization Of any Bank
ing Companies, allowing, a, the same
time, the Banks now ia existence &C
withdraw their cireulation, 10 20 into
! operation under thu neral BANKING
I law
Doolittle then explained the 18th pro
| - NJ. s@~gtus5nn in, reference 70
I tue substitution OF other interest bearing
I notes for those now in circulation.
SheFmAn-Before vote is taken, /
would like to say q word or two. have
no objection 10 the reference Of the rsso.
luton, bot viii state that the Committee
on Finance have already this subjee,
under consideration, as recommended
By the Secretary Of the Treasury in his
/ annual report, sud By the President OF
the United States in bis annual message.
Ali the points at issue viii be consider
ed by the COMMITTEES without any reso-
luton on the subject
sherman explained further, that while
1t was well enough for Senators TO ex-
press anxiety on the subject, all bills TO
ra'se revenue mast originate ia the
House Of Representatives The Senate
should remember that 81 the last session
1t passed resolutions for a special IN
come tax, and the House sent il back, on
the ground that all such measures should
originate in the House. He thought
that this resolution would create q
controversy With the House which
he desired 10 avoid The Senate must
await their action. He believed there
vas . Necessity for increased taxation.
There we're several reasons for it The
soldiers we're COW serving ia the
field and enduring the hardships Of mill.
tary service while citizens were reaping
rich profits from the var, 81 engaging
ia business, aud we're doing better than
thel bad done during auy preTioas year.
De thought il YES bat right that they
who arsreaping the profits Of the war
should pay literally in tax II We in
creased our national debt and put these
taxes upon future generations, we CON
PEELED these soldiers, who bad fought
our battles, TO bear the expenses Of the
E~r This would be unjust
Brown. ! have no objections 10 the
reference Of this resolution to The Com.
mitiee 90 Finance, II ID waa introduced
simply for setting forth the views enter
tanned BY the Senator from wisconsin
MF. Doohtils). Of indicating The dirse.
ton IN ~hieh be thought inquiry should
be made. bat il il is going to that CON.
mites by general consent, and is 10 be
taken as any indication that The Sonata
eoecurs in the suggestions made, I
should, for one, say that differ very
widely 70 regard 70 the policies he has
/ indicated, and the effects to foliow from
that which be seems 70 anticipate.
vii add bat one word more, aud say
I this--that ! thiak gentlemen are per.
hsps mistaken IN regard 20 the extent
70 shieh taxation can be carried, and
thai We are perhaps nearer 20 the point
% which IL can properly be borne than
7 persons imagine.
Mr. Btown continued bis remarks, ad.
yoealing reduction q expenditures in
/ the conduct Of the Governmsn1
Mr. Doolitsla--I Agree With the ssna-
tor from Missouri entirely in what be
ears about the necessity Of reducing ex.
| peases 10 every possible wsy. | viii 70
with him in every effort to reduce them,
and 10 compel the Administration, IN
every department Of the Government, 70
exercise the strietsst economy possible
/ ~ the same sine, our necessary expen
ses are so great, and must be 90 great
that We are compelled 10 seize bold Of
every source that viii bring Us revenue
do not expect, Of aosrse, that these
reasons shall go forth a. expressing lbs
visws Of the Senate upon the points
have presented, still the points are D
sufficient interest and importance 70 b
well considered By that committee.
The resolution vas then referred
without objection
/ Chandler moved that the resolution
offered BY him to day be printed, which
was carried
Brown offered the following, whicl
I was adopted:
Reso!usd. That the Committee OF
Military Affairs aud the military be 10
strHcted TO inquire into the expadienc
/ 81 repeating 80 act Of Congress Of Mare
2lst, 1861, entitled an "Act to remov
the Arsenal from the city Of St Louis
aud to provide for the sale Of the land Of
which it Is located.
D0olitsle moved that all bills, petition
aud memorials which we're pending a
the close Of the last session Of Congress
be referred TO their appropriate Com
| miitees THIS was carried
a joint resolution from abe House va
anuonnced giving notice to 0rsa
Britain Of the termination Of the Rec
p-ocity Treaty.
Foster moved to refer II the Commit
tee on Commerce.
Samner thought it ought TO 90 70 III
Committee on Foreign Relations, an
il vas on motion, so referred
The Senate went into executive sessio
and soon after adjourned
HoUsE-Wilson, Of Iowa, from %
Committee on Judiciary, reported b
amendAtory Of an act Of July lTth, 1856:
to de6ne pay and enolaments Of 0ficel
, of the Army, so as to read: That an
{ alien Of q years and upwards, wh
! shall have enlisted in the Voluntet
! or Regular Army or Nav