Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1864-04-28

tee Of tho Whole on the internal tax bill.
An amendment ~ made requiring com.
uercisl brokers to pay &25 Tor each license
without regard TO the time Of their trans.
actiOus.
Mr.. Morrill,, on behalf Of the Committee
On Ways and Means, moved, - On amend.
ment, that on brown or Nuscavsd0 sugor,
not above No. IL, duties standing in color,
produced directly from the sugar cane, and
not from sorghum or imphee, other than
those produced BY tho reioer, . duty Of 2
cents per pound shall be imposed.
Mr.. Morrill, explained thst tho duty 10
GOV 2 cents . poond, and tho committee on
Ways and means on resolutions had como u
. conclusion that that rate should be pre-.
served, instead Of placing Il at l cent, -
originally reported. The amendment Va
sdcptsd, 50 against Al.
Tho bill vas further amended % % 70
provide that on oil clarified Of rsfioed %.
sass sbove No. 2 produced directly from
the cane there shall Do duty Of 3 cents,
and on refined or clarified above No. IL Vi
4 cents pound.
Various amendments to the stamp duty
we're made, including the following: 10.
creasing the duty on bills Of sale Of vessels,
- follows, when the cons derati0ns does not
exceed $500 to SO csnts; over $500, not
exceeding $1,000, 81 F.; exceeding $lUOO and
for every additional $1,000 0r fractional
part thereof, SO cents. Conveysncss Of
real estate where the consideration does
not exceed $500, SO cents, and Tor every
additional $500 or fractional part thereof
so cents on bonds and mortgage and On
cal estate the Same duties ~ on convey
ices.
An amendment was adopted relative to
wsrehouse receipts, providing - follows {:
Fur so barrels Ut -four stored in . public
! or private warehouse or yard, . duty u
| S cents shall be charged Tor every 50 bar
rcls, ard not exceeding TOP barrels, duty
Of 10 ccnts and for eve53 additional 100
bsrrcls or fractional part thereoi, 10 cent?;
every SO bushels Of wheat are to be charged
in the same proportion % the above on
so barrels Of beef, pork, or preserved
mests, = duty Of 10 cents IL to be charg-
ed on over 50 barrels, not exceeding 100
barrels, 20 cents and on every additional
100 barrels, or fractional part thereof, 10
cents on so tierces Of beef, bacon, or
preserved meats, SO cents on ever so
t,erces, and not exceeding lU0 tierces, 81,
end 81 for each additional loo ticrcee, or
fractional part thereof, 50 ccuts.
| On motion Of Mr.. kasson . proviso was
added to tho draw back section, % fol.
lows: There shall DO IN allow ance or
draw back on refined Oil, whom exported,
Of 81 50 on . barrel Of 40 gallons.
House adjourned.
SEnATE.-Mr. Grimes presented . petit.
ton Of tho wives, daughters and sisters Of
soldiers of the army, setting forth that the
pay Of their husbands, fathers and brothers
| inadequate, and asking an increase Of tie
compensation.
Mr.. Ramsey introduced Q bill making
the Dacotah or Sioux ha!f.brced land scrip
Assisuable, which was referred to the Com.
mittee on Public Lands.
The consideration OF the bill to provide .
nat ial currency secured on the pledge 0i
U. >. bonds, came up % the special order.
Tho pending question was On the Finance
Commuters amendments imposing . taa
Of one.half per cent. on the circulation, enc.
fourth per cent. on the deposits, and one
fourth per cent. on the capital beyond that
which 10 In U. s. bonds, providing that
Statea and municipalities Of counties may
tax tho surpius ofa bank held by individ-
uals or corporations the same % other
private means.
Mr.. Pomesoy moved to strike out the
provision Of tho Senate committees amend
ment that nothing in this act shall be con.
strued to prevent the market valu, OF
shares in any u the said assoc ations held
BY any person or body corporate from be.
ing included In the valuation Of tho general
property Of such person or corporation 10
the . scssment Of oil taxcs imposed by or
under State authority, for state or other
purposes, but not ct greater rate than Ia
assessed upon other m0Oiod capital in the
hands OF individual citiz .ns in such states.
end tho remedies provided By state laws
for the collection Of such taxes shall be ap
plieblc thereto, and insert 10 lieu thereof.
provided that nothing 10 this oct shall be
construed - exempting the capital stock Of
an ass9cistiOn beyond the amount invested
10 United States bonds and deposits dcpos
tied with the Treasurer Of the y. States A.
part Of its capital or - security Tor its cir.
colatiog Dotcs from being subiect TO the
esme rate Of state and municipal taxation
. imposed upon other personal property in
the ssate, city or towns in which the :s.o.
ciation 10 located.
Mr.. Pomcroy explained that the effect Of
the amendment would be 70 allow States
20 tax oil capital, except that put into q
>. bonds. - the capital OF these banks. liz
said this was IN keeping with existins Lao.
~. Hove supported the Amendment
~. Vhandier also supported Pomerov's
ameodmens arguing that the commietee's
proposition would kill the bill. lie had
ausaority for saying we were not selIioe
more shan half enough Of tho 10 40's to
Sees tho daily e1psnseg Of the government.
;~uAe could be greater inducements fnr
| - sssemsns in them than cay trey shall not
es.oc.;s There we're many eteroallv IL.
| 49, *. Se-stitutional objections 20 mese.
| .cs.s-- su "0!e necessary 60 sustain the
sS :ss .. He Toe one. vas not fIi ,ctsS
w, -. ~ pfevssns disease q conesiestion
Mr. yohsson said hsvsvs, h. .;.ax -.
9 pseseevs the gove1ams.t ~ ~ 49,. ~
states, DO also Wtohed 70 pres.. .Su
"a, Oeotee. The latter nj eHs-" e ~
taxatios, and the (efmntios -ol ~ C"...:
Neeetoos Thsee vs. 90 oooce1oios ST 49, ~.
psWsr save . Indicated b. the 6snsfss
lroo Vermont. He did not know What ~
Oeanoler meant by hsine Ice ten ahs
classification On the. train. lf b n. -.
eicol4 ire Iron tt, 10 lad relieved hinesif
80 ~ oelieations assumed hesss hae ri
% On!y oeent that be woeld give . liberal |
eoostruesioe . ~ coeGGliotjo8 thst pgu6. /
eely sgfsed IN opioioe. That ~ ~ ~
~ . % cod aud liz rannies sWeeosio .eAe}
e 49, No ouo Souid tsll Via " I
- l1etees & ~ ,6aAj:s a.. M
80 - neeo1t696 q ~. Pega1oes. !
- ooo1oUo& - - fnnu1aa4ko ~