New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-03-01
u he bounty paid by Western ind-r os Tic benefit
q. EJstcTn capitalists.

u he bounty paid by Western indl 70. Tic benefit
O. Eastern capitalists.
/ TUE BILL REroRTrD
AMER further debate tie Commite rose ard reported
/ thc bill with sundry amendments.
! MIR. STrvENs said he had hoped that new system
would be- adopted in order that the prices | all supplies
MIGHT be reduced. lie shocked 10 hear the gen
| ten from Massachusetts (BoUtwel asset That he
l favor of paying the principal nd iatercst IN
cor. Mr.. Stevens said Mr.. buchanan won't cut OF
povci 'oaving debt Of ore hundred .lhons CON
tract IN time OF profound peace. Precedent LIN
coin not only found an empty treasury but enl war
ON his h0nds lie (Stcvens) then Tcvleyti ne imam.
cial condition OF the country expressing ~ fef that
AZ the end o. the war the public debt VIII o. T thou-
sand millions, requiring two hundred and millions
in gold as interest TO he purchased by the o Inmen
Heretofore perhaps at:Is high figure o. NO dollars
and seventy cents in currency for one doaf IN com
Under such circumstances We wonId he oTNen 10 the
necessity OF suSpcudng in part the payment OF interest
in coin, a measure which should not for moment be
contemplated. We should wisely therefore, take steps
to avert such calamity
SUBSTITUTES REJECTED.
The House then voted son cOncGTring in th9 suhsti'
utc Tor the first section OF the bill offered by Nr wal
son. namely: Combining the issues under tho loan to
coupon or registered bonds the interest when payable
in coin not 10 exceed six per cenum and when 10 cur
reucy seven and threctenhs per ccninin per annur.
Tie substitute rejected by vote Of IL against
The other amendments were then voted on. when the
question was stated on agreeing to Mr. stevens SUD
stute ior the bib, which was rejected ny % against d.
TIE ELL PASSED.
The bin was then passed with amendments not mate
rally changing its provisions. and leaving TIE amount
OF the loan and the rates OF interest unaffected.
The vote on the passage of tie Bill was as ioap"''
THE AMEYDAToRY TAKIIF Br.L.
The House then went into Committee OF inc Nhoic
on the AmcndatoTy Tariff BIZ -.
Mr. HROOKs moved TO strike ONT The pfooscd uu! VI
FIVE certs a pound on cotton. which WIS rJccted.
The followin, amendments we're iacn mlHo; ere,
On Crude petroleum tweuty, and o. crude %" any o' h
'', On ' Siea.iycf an,y ofcn Jcr eeuinn ad voE
DUTY oN RAILsOAD lEoS.
Mr. Cox moved 10 strike out the addiiionni d.tY on
railroad iron He said il WIS a taX on the RAILROADS.
which has 10 De paid by thc passenger nc "I,A'u ~
iayile tlc loT,ot competition q 81 me Won. I.s".
Of protection tho prescott I,y alonD'e. 70 VI
one palt oi To lt0lic -. 10 O,no,.s 90 80 go
Sir 6RiNNEiL opposed the striking ont. lie ftd the
God OF Nature had .etiled the question ihst we eau
make our own non. If We encourage ~ MahulctnIe
and create rivalry We eau procure our iron cheaper.
There is 10 occasion 10 60 abroad for supplies when we
.An obtain them at home.
Mr. KAssoS gave his reasons for differing from lbs
colleagues of the Committee Oh WAYS and Means upon
th. subject Every prlgpcriy of the West dep inGcd
upon The railroad system and hence be could not ece Il
Frustrated by additional taxation on iron.
The House then. at u o'clock, TOOK recess "1th'
O'Clock this evening.
EVENING SESSION.
TIE AMESDATORY EXPORT BILL.
Mr.. MORRILL, made an unsuccessful motion
10 continue tie consideration ~ the bill nmend10y VI
me act imposing duties on exports.
The House passed the following bills reported from
The Naval Committed the Chairman Nh. Rice, * Ham
ing some OF their provisions
Providing for tie appointment Of Solicitor Of The
Navy Department. NJ q salary Of g, 90 pfr annum.
Regulating the appointment Of AdmiEais 10 inc
Navy
Increasing the paw Of midshipmcn 10 sSoO yeur Tor
sea service aud regulating tie TRANSFER OF men nom
the army Ia the navy and panshng for dseriion and
also additional legislation relation TO pri1e money
TIE rIAATE ALABAMA.
Mr.. RICE Mass reported BIZ authorizing 5e Scr,
,etarv of the Navy To pay Commander Wnaiow and hs
officers and crew sl0OOl The estimated value % lie
pirate Alabama desr ed by the kearsatgc. 20 b. dis
ted among the officer and In the manner
prize money
Mr. Cox said he opposed 10 tie bill on principle.
UnuRh forl WhSa entered the naval -..ss~ u
Wa 10 perform their duiy without extra pzy.
Mr.. KEtIEY inquired whether the gentleman would
nrcyent the sinking OF another British pirate.
Mr. Cox replied that that was ridiculous question:
Mir kelley wished ~ know whether The gcnileiDnn
was willing TO give any sUb:santinl recognition 10 The
officers and men ~ he KcTEargc
Ar. Cox replied they lad already passed an act
in order that Capt. " iDsl0w might be promoted
Mr.. RICE (Mass) said that was true; bu. this BIZ
roded for The crew who fought The guns and snnk the
shin and proposed 10 give them the If ihey had
brought tie vessel into port He was wine 10 submit
tie hiI 10 tho House ON Its merits.
The House refused TO order The main question
The bin was then referred the Committee Of the
Whole On the state oi the Union, with an amendment,
offered by llr DAVIS (Md) to pay Lieut.. Cgshing and
those under him for the destruction Of tho Abemarlc.
lie "a id that this act was infinitely more brilliant than
the destruction of the Alabama.