Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1864-04-28

WAsHNaToN, April 27

WASHINGTON, April 27.
SENATE.-Mr Grimes presented petitions
OF the wives, daughters and sisters of SOL
diers OF the army, setting forth that the pay
OF their husbands, fathers and brothers Is
inadequate, and praying an increase of
their compensation. hf
Mr.. Ramsay introduced bill making
Dacotah or Sioux half-breed land scrip as
signable, which was referred to the COM
mittee on Public Lands. 3i.'n.l
The consideration of the bill to provide a
national currency, secured by pledge of
United States bonds, &C., came UP as the
special order. Foa i.}
The pending question was on the Finance
committees amendment imposing a tax of
One-half per cent. ON the circulation,
quarter on the deposits, and quarter on
the capital beyond that which Is in United
States bonds; providing that States, mn
inequalities and counties may tax the shares
of bank held by individuals or corpora
tions the same as other personal means.
Mr.. Pomeroy moved to strike out the
prOvis0 in the Senate committees amend
ment, that nothing in this act shall be con-
strued to prevent the market value of shares
in any of the said associations, held by any
person or body corporate, from being in
cluded in the valuation of the personal pro-
perty OF such person or corporation, in the
assessment of all taxes imposed by or un-
der State authority for State or other pur-
poses, but not at greater rates than is assess
ed upon other monied capital in the hands
Of individual citizens in such States; the
remedies provided by State laws for the
collection of such taxes shall be applicable
thereto, and insert In lieu thereof: Proyid-
ing that nothing in this act shall be con-
strued as exempting the capital stock of an
association beyond the amount invested in
United States bonds and deposits deposited
with the Treasurer of the United States as
part of its capital, or as security for its cir
culating notes, from being subject to the
same rate of State and municipal taxation
as is imposed upon other personal property
Ill the State, city or towns in which the as
sociation is located.
Mr.. Pomeroy explained that the effect of
the amendment would be to allow States to
tax all capital except that put into United
States bonds as the capital of these banks.
He said this was in keeping with existsng
laws.
Mr. Howe supported the amendment.
Mr.. Chandler also supported Mr.. Pome-
roy's amendment arguing that the COM
mlttee's proposition would kill the bill.
lie had authority for saying we were not
selling more than half enough of the 1910
bonds to meet the daily expenses of the
| government. What could be a greater in
| ducement for investment in them than to
say they shall not be taxed.
There were many eternally finding con-
stitutional objections to measures which
were necessary to sustain the Government
He Tor one was not afflicted with the preva-
lent disease of Constitution on the brain.
Mr.. johnson said that however he might
wish to preserve the Government of the
United States, he wished also to preserve
those of the States. The latter had the
power of taxation, and in the formation of
the Constitution there was nothing concern
ing that power save as indicated by the
Senator from Vermont.
He did not know what Mr.. Chandler
meant by his being free from the disease of
constitution on the brain; if he was entire
ly free from it, he had relieved himself from
his obligation assumed here; but If he
meant that he would give a liberal con-
struction to the Constitution, they proba-
bly, agreed in the opinion that the war was
not at an end, and its results were in the
womb of time.
No one could tell what was to be the ex-
tent of the public debt. He opposed the
amendment of Mr.. Pomeroy because he be-
lieved 1t was impolitic at this time. @
| IuI. OuIlhtI felIcrdCeu CIe decision OF
Chief Justice Marshall in the case of Nc
Cullough in Maryland, declaring State
tax on the U. S. Bank void.
Mr.. Fesscnden replied that that case had
no application to the present bill.
The further consideration of the subject
was made the special order for tomorrow.
On the motion of Mr.. Wilkinson, the
President was requested to communicate
any information in his possession in refer
ence to the territory of Nevada.
| On motion of Mr.. Howard, the Pacific
railroad bill was made the special order for
next Mondey.
| The Senate then went into executive ses-
sion, and shortly after adjourned.
| HoUsE-The House went into Committee
Of the Whole on the internal tax bill.
| An amendment was made requiring Com
mercial Brokers to pay $25 for each license
without regard to the amount of their trans
actions.
Mr.. Morrill,, on behalf of the Committee
on Ways and Means, moved as an amend
ment that on brown and Muscavado sugar,
not above number twelve, duties standard
in color produced directly from the sugar
cane and not from sorgum or imphee other
than those produced by the refiner, duty
of two cents per pound shall be imposed.