The Burlington weekly hawk-eye. [volume] (Burlington [Iowa]) 1860-1876, 1864-04-30
re. and continue

until July LIST, 1854.
Mr.. FRANK, of New York, offered an
amendment providing that on an income
of $500 and not more than $1,000, tax Of
per cent shall be imposed; ON amounts of
slooo, and not exceeding seed $780, tai Of Z!
shall be imposed. OF this he (Mr. Frankly
said the Committee Of Ways and Means
had themselves reported taxation on this
bill, which in effect was an argument in
support Of his proposition.
Mr.. STEVENS said that the amendment
would lay tax as punishment on men,
because they were rich:
was adodted 70 to IS.
Mr.. STEVENS moved as an amendment
to tax the salaries Of members Of Congress
10 per cent, which was voted down by .
large majority.
Many other amendments were offered
and rejected, among them one excluding
the dividends of Savings Banks from tax.
alton.
Mr.. HOLMAN Of Ind. offered an amend
ment, which was rejected, imposing q tax
of per cent. instead Of Il, on the profits
or income, which shall be derived from the
interest on notes, bonds, or securities of
the United States.
Mr.. HOLMAN offered an amendment,
which was adopted, that the incomes de-
other securities of the Uuited States under
this section, which places the amount Of S
per cent. ON each 800 over $500.
Evening Session.-Mr. JULIAN report
ed from the Committee on Public Lands
Senate bill, which passed, In reference to
donation Of land claims in Oregon and
Washington Territory.
reported bill granting lands to that State
for the construction Of wagon roads for
military and commercial purposes. After
explanation the bill passed.
Mr.. DAGGETT also reported q bill
granting lands for the construction Of .
military road to Lake Superior. Passed.
Mr.. ALLISON from the same Committee
reported bill giving lands for Railroads
to Minnesota Passed.
Mr.. ALLISCN reported bill authori-
zing change in location Of Railroad under
land act Of '56. Passed.
The House passed the following Sonata
bills: The bill granting land TO Lake supe-
ing lands to Minnesota for railroad purpO-
SEES.
Mr.. HERMAN said he would like to
know how much land We had left after the
extensive grants made.
| The Speaker replied that he was unable
NJ. HERMAN was opposed to granting
not be enough left for soldiers.
Mr.. SHERMAN from the Committee on
Public Lands reported . bill to secure SOL
diers and sailors homes. House adjourned.
SENATE.-An amendment to the bill Of
fered by Mr.. SHERMAN was adopted
Its effect is to admit the Bank Of Com
merce Of New York into the provisions Of
the bill making shareholders liable to the
extent of their shares, 80 long ~ the sur
i nina flpnAc rom nj n lavHirniniohoA
Mr.. r. E. CLARK, of New Hampshire.
has been elected President pro TEN. Of the
Senate in the absence Of Vice President
Hamlin.
The bill passed after being amended.
The bill relating to franked matter was
also passed.
The Senate then, on motion of Mr.. WILL
SON, insisted on its amendments to the
bill establishing Bureau Of Military Jus
tice, and agreed to Committee of Confer
ence.
| The Senate next proceeded to the consid-
GRAFTON Of the House bill to provide for .
Mr.. WILSON submitted a resolution for
appropriating ~, O00, 900 for pay and sus-
tenance Of militia to be called out by the
President, Referred to the Military Conn
mittee.
Mr.. COLLAMER called up the Senate
resolution In relation to ffanked matters.
II presents au communications Of what
soever origin to be received Of the head Of
Executive Departments and Chiefs Of Blu.
reaus where entitled to franking privilege
without being endorsed O1icia1 Business,
but with the name Of the writer thereon.
Passed.
The bill for the relief of the State Of Ohio
Was called up by Mr.. DOOLITTLE - I'm.
finished business, and b made the special
order for Monday next.
Mr.. SHERMAN called up the special or.
der, the bill to provide National curren-
cy secured by . pledge Of United States
bonds, and to provide for the redemption.
Mr.. Sherman explained that the bill re-
peals the act Of the last Congress, though
nearly all the provisions Of that bill are
are, that the bill Of last year required the
Banks organized under the act to redeem
their own notes at their own counters, but
this bill names the counters Of chief cities,
where the notes Of different Banks are to
be redeemed. In addition, the second
change was in regard to taxation. There
being some doubts a. to whether the Banks
and State tax in this bill. That matter il
clearly defined. The third change Is In re-
gard to State Banks, by which old Banks
may como in under the law. The stock
holders are. liable to the extent Of the
amount Of their stock.
| Xu0 0eu0C0 COmmltCoe pfOpO000 20 OIf1K0
out the uniform rate Oft per cent. - estab-
lished in the House bill. The sixth pro-
vides for the receiving Of per cent and 6
per cent bonds Of the United States ~ the
basis, to be kept ct Z margin Of less 10 per
cent ON market value. The seventh change
/ allows the issue Of notes Of . less deno3i-
nation that 800 to the extent Of lone.flfth
Of their entire issue-such notes to be re-
/ deemed when specie payments are resumed.
Tho Senate proceeded to the consideration
Of the bill reported by the Finance Com
mittee. after the Lot Of January, 1854, upon
the average amount Of circulation, and q
duty Of fourth Of one per cent on tho AZ
erage amount Of it, capital stock beyond
the amount invested In United States
bonds, was sdebated ut some length by
Messrs. Sherman and Fessenden IA sup
port, and Chandler and 6anderson In oppo-
sition. Without action the Senate at 1--we
4 o'clock adjourned.
!. a ERon N0WbePn.
i NEwBERN, April 23.-Reports from Ply
mouth have it that our flag still floats over
the Notifications in that place, although the
enemy has possession Of the town and riv-
II T. 49, - =