Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-06-30

GOLD opened at $50 yesterday, and de-
cliued to $40, and closed at 244@246.
Oneyear certificates fell to SO and a frac-
ton. Pittsburg and Cleveland railroad
stock sold at 1924, and Port wsyueat II2.
A wRrTER 10 one of our exchanges sug-
gests that the purchase of FIRE crack ers,
rockets, explosives, &C., be dispensed with
on this 4th of July, and that the boys and
others who usually indulge their patriot
ism in that way appropriate their money
to the Sanitary or some other fund for the
army.
Born branches of Congress have accept
ed the report of the Committee of Confer
eace, and have passed the tax bill The
request of the Secretary of the Treasury
for higher tax on liquors was acceded to,
and instead OfSl per gallon, after July LIST,
it will be 81 so, and after July Ist, 1865,
81 per gallon. The tax on ale remains
S. per Dbl. as in the House bill. The tax
on incomes is raised. Instead of 3 per
cent. on all incomes above 5000 as now, it
less than $4,000; between $4,000 aud
$4,000, II per cent; and above SIC, 900,
10 per cent. The banks both State and
National, are to be taxed per cent. on all
circulation less than than 80 per cent. of
the capital; and per cent above, and one
half of per cent. each on the capital and
deposits. A tax of 3 per cent, is put on
coal, and the tax on express companies is
raised from q to per cent. on gross re-
ceipts. Beside the above, over which
there was the most disagreement iu both
Houses, aud from which good share of
the revenue will be derived, the tax is
largely increased on almost every article
in the schedule, and itit is Hoped and ex.
pected the bill will produce an income to
the Government, after it Is fairly in opera
ton, of nearly S3OO,OOO,OOO per aunum.
This is the lowest amount that the Gov
eminent ought to receive in a year from
taxation, and if it tails much short, the bill
will require further tinkering at the next
session.
The salaries of tax collectors are fixed at
$1,000 with commission of 8 per cent
upon the FIRST 500, 900 collected, and per
cent upon all sums above that amount and
below 100000. The President is author.
i1ed to change the limits CT collection dis.
tricts in his discretion. But one deduction
of $500 can be made from the aggregate
incomes of all the members of one family
Net profits or receipts from the sales of rea
estate are chargeable as income, aud losse.
from the same may be deducted. The sam,
stamps are required upon instrumeut
made abroad to be used in the United State
as If made or issued here
The measures of principal importanc
now before Congress are the tariff, tn,
$500 100000 loan and the miscellaneou
appropriation bills, and the amendment @
the enrolment law; and all matters @
minor importance will be hurried up SO a
TO allow an adjournment as soon as thes
are disposed oE-this week it is hoped |
finally seems likely that the Communication
clause OF the enrolment act will be strick
en- out. A very large majority Of the Hous
is opposed to such q measure, but the AID
ministration ardently desires it, an
the House cannot we'll refuse. But it viii
pass only by small majority, and with
clause inserted allowing the Northern state
to recruit anywhere and everywhere in tn
border states and among the freed slaves
This will make the draft practically nope
rative In most OF the states, as they vii
Gil their quotas readily with chance Z
enlist in the border states, where Iarg
bounties will procure volunteers in abun
dance.
Tue bill as it passed the Senate gives t
the President the discretion of the tim
for which troops shall be called out, not t
exceed three years. nor to be less than on
year. This discretion to shorten the tern
of service is intended to rob draf
with the commutatiOn clause stricker
out of some of its .errors, uudel
the superstition that the Presiden
in ordering q draft will take tn,
shortest time. But We insist that in what.
ever form the call for more troops comes
the term of service will not be shortened
1t is universally admitted that the calling
out ofthe niue months troops was great
mistake, aud eulistmeuts for year will be
but little better. Halfof the time will be
taken up 10 getting ready, and such troops
will be available but for one campaign a,
the best; aud as likely as not their term d
service will expire when they are needed
most live must have the communication
clause repealed, don't couple it with pro.
visions that will counteract all the good
supposed to be derived from such repeal.
Keep the term Of service at thres years.
TIE THRoAT.-Famiiies would do we'll
70 keep always At home box of BrOssp,s