New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-06-03
HOUSE OF REPRESENTATIVES,.
PACIFIC RAILROAD ACT.


Mr. STEVENS (Cn., Pa reported substitute
for the senate bill. amendatory Of the Pacific Railroad
&C; passed July 1852 the consideration Of which was
postponed till Thursday
Nj morrill, (Un.. NI) remarked that The Commit.
tee on Wsvs and Means had directed HIM 70 suggest
that Ibis entire day be gwen 10 the discussion ., tae
Tariff bin and that tomorrow the debate be confined
g. five minute speeches On bis motion II was resolved
that the House at 81 O'Clock today take recess TIL q
O'Clock.
Mr.. SMITH Un. KY moved tina. when the House
adoura tomorrow it be Till Monday week
The SPEAKER replied that the House could not thus
TARIFF BILL is TAKYS UP.
The House then went into q Committee OF Tue Whoie'
III Schenck in the Chair end took up the Iarh Dill
0Nr. MORRILL, Un., VT said the reasons for change
IL the tariff potential and obvious and among them
the Treasury requires large supply OF means IN order
% reach the maximum which i wants Inc increase OF
internal duties makes II necessary TO considerable DE
gree t. increase the duties foreign mpOrtalona IL
was known that, owing ~ the Withdrawal oil 90 many
operatives from their various vacations, pound VI
wool yard Of cloth and tun Of iron cannot be pro-
duced cheap three ago. the rates proposed
in this bin highly nominal He would Dc glad 10 do
anything by which the number OF days labor required
could be diminished but so far the Injuries OF life
and the ornamental evils Of fashion concerned any
tax such superfuies may be increased and instead
Of being detrlment, may prove at thls time great
public blessing and especially n large additional means
can be obtained for the suppression VI The kebciOn
In the expressive language Of Gen. Grant we must
He had no idea the war will be protracted by the
South one moment after the Rebel army shall
have been annihilated, but hostihtles must De
prosecuted until this takes pace. Inc primary
object this bill is to increase the revenue and at the
same time nurture domestic products from when
we viii draw a larger amount Of internal revenue. lie
explained length the changes IN the various rates
proposed, comparing them with those IN me ACT
which tie bill proposes ~ amend and remarked lLnt
decisive victory whenever IL may come, VIII prove
sharp remedy for preventing depreciation OF the cur.
rency but perhaps. the most effectua remedy would
be to the issues Of legal tenders and rely upon
loans United States stocks The Committee III pro.
posing the present bill did not see tit % recommend
prolbOry duties for the most eogent reason that the
Government seeks revenue. This is q war measure,
aud temporary in its character and SUCH he be-
leyed the country would give 1t their approval Let
do night and Justice TO all Interests Of the country
Oppressiug none.
Mr Cox malignant Copperbead, Ohio said he had
In 1861 protested against the tariff then pending as
great fiscal yranny-a mountain Of burden the West
The present bin is aggrayaon al the tarf Of 1862
The Government credit demands taxation but not
class legislation sectional advantages. He wOnld
not accept every plan Of taxation. Representing not
the rich nor the poor altogether. but principle he
demanded that the benefits Of taxation shall not enure
wholly 10 class and IT'D burdens fall wholly OIL.
other He proposed 10 discuss the benefits accrung
tile manufacturing classes and the burdens imposed
the agricultural and consuming classes by the present
and proposed tariff and deprecated paper currency
In order % paw for slO0 worth Of goods in England
when gold is at 60-the American merchant, owing to
the price Of exchange must pay s75 IN paper and
when be brings that amount Of goods here IN order 10
reoInburse he must sell IT ioT s!4 OF our currency.
with freight and duty supersdded Thon duties be
paid in gold the duty is ~ per cent ad vsorem and
gold at 60 be must add 90 per cent TO the $40 which
"a equal 10 e owing 70 the 80 per cent recently added
10 the tariff rates he must pay IN paper $50
more; so that consumer In consequence OF
depycated paper and gold duties has TO pay
$40 or ITO per cent in addition TO The cos,,
for every hundred dollars worth OF goods imported,
with duty OF 40 per cent and the 50 per cent add
tona To this Is TO be added the freight aud charges
and at least 10 per cent profits the importer Atths
point OF cost the article imported comes In compel ton
with the home article; and the aggregate OF The items
tboye constitute the protection or bounty winch The
tariff robs from the consumer for the MANUFACTURER
This labor ID taxed in one pursuit for labor and capital
TO another Mr. Cox then showed that by the tafd VI