New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-02-17

expiYed term provided that such persons rst take an
oath that they enlisted with the distinct undersianang
and that they were 10 serve orthe
term
TIE REVENUE BILL
The House in Committee of the Whole resumed me
consideration Of the anendatory internal revenue eI,
4 debate took place on an amendment heretofore
offered hv Mr. Hooper proposing 10 increase the rates
taxation notes Of circulation In order 70 restrain
Mr. DAVIS said he was originally opposed to the Ma.
tona Banking system but had now been accepted
nv the ncope he desired that there should be only one
: sister of cufrency on the basis Of that law
Mesers. KERNAN and PRrYS opposed the amendment.
Mr. BROOKS looked on it as proposing to blot out the
State banks Instead Of cutaing the currency as was
pretended it would have the effect Of initiating it, thus
perpetating fraud on the country. He therefore op
posed the amendment and oil further encroacbmepts on
The rights of The state, the State militia and State
Courts having oil already been bloitcd ont.
Mr.. HoLmaN said that Of the hundred and eight
millions issued under the National banking law Massa-
chusetts had onef fourth He submitted whether the
amendment not for the purpose Of conforming the
country AZ large TO the interests which had been sex ured
| by Massachusetts
Mr.. HoorER explained that the banking capital Of
Massachusetts was SEQ Q0G000 not one-haf of which
was in National banks
Mr.. HOLMAN opposed the amendment. II proposed
10 lay hanas the banking institutions Of the states
After further debate various amendments we're offered
and ciected among them one by Mr.. WILSON, that no
National bank association after IL shall huye received
from the Controller Of the Currency any OF IFS notes.
i
association nor shall any State bank or banking asso.
citation pay any its notes or those %
auy other state bank banking association after the
Isl day OF June, le65. This was TeJeeted-Neas AZ,
/ Nays to
MIR. Eooper's amendment was finally disagreed to,
leaving TIE tax on banks ard banking associations as
The amendment proposed by tho Committee Of Ways
and Means assessing duty OF five per cent on oil eS-
of incomes tC0 aud duty Of ten per cent on
the excess over 500 amended as 70 also collect
the duty on incomes derived from bank and other divi
Gcnds, and To collect ten per cent only on an excess
over 5000
Mr. Avcoy, offered M amendment that the special
income shall not apply 10 incomes OF officers OF the
Army Navy for tie year req, who have since been
discharged BY reason az disability wounds, or by
piraton Of their term Of service; and wherever said
tax hos been paid il shah be refunded. This was re-
jocted by forr majority.
At a O'Clock tie Committee without coming Ia
a conclusion and the House took recess until O'Clock
tins evening.
EvEsIEG SESSION.
SELLING SUBSTITUTES.
On motion of Mr.. ORDER, a resolution was
adopted. insirgcing the Committee the District Of
Columbia 10 inquire whether persons have been sold
ont Of jail 10 substitute brokers; If So how many, and
who obtained the money.
PORT OF PHILADELPHIA
On motion Of Nr ONElL (ra) the House took mp and
passed the senate bill extending the ports Of entry ard
delivery Of the District of PHILADELPHIA so as 70 b,
bound al the River Delaware by Frankfort Creek Oh
toe north and Broad-st on the south.
Tie House went into Committee on the amendatory
internal Revenue bill.
cotton ill July l. lsod aud a.er that date cents, pay
able IN COIN having been real
Mr.. SriPiENs moved to strike out the words pay
able IN COIN saving tlis section pcrpc 'uaing tie
error Of paying tho interest on public secgric ana
the pay Ment 81 customs coin. We shoud not depEc-
ciato ty enactment The currency ofthe copniIy.
M BRooRs ooacuTTcd in the view expressed by the
gem euan from leHusl wanna. The eject 81 ihr sec
ton Woud be increase speculation IN gold by he i'll
creased dcucrd
Me r. NoRcirL and Kissoy seversly maintained |
thai while We Auyet0 pay specie on public cniles IL
Wa. the oly of Congress either 10 rtpuaaic The con
tTacl e r United States or provide means to meet
,,pr Oh igtirns
T., .TlyrNs knew nobody who desired to vio.ateour
.,,.,, Jfthc gentleman from Iowa ihhssoal in. I
tnd an in 'ilUaiIon the argument was unworthy OF
,ba oorse ,hev ,-eTD discussing. II We have raoe
bad I"rg,in we All NAQ stand BY IT, lie wanted 10
Du o hc,Tpc b,n isus1. We shall receive next
year from seG0OO0y0or $500 ID t"u i''" ou''
w X tssoy, replyiur s.id It S'es The duty Of Con.
gress 20 see that the Treasury was StfVDg p" ~ -
It's obligations. Better have forty ni'"Is over uan
fl, millions too little. We are importing hers man We
were last year and we may not obtain Dom ci'"s ss
much coin as We may need during tic neA' hssaI year
10 meet our oblic atoms.
Mr. BROOKS said that today IL propos,d TO tex |
cotton specie. Tomorrow II would be proposed 20
demand specie for petroleum. and next day IT would be
urged on The hay and wheat 81 the West and the hay
Of New England. II more revenue in specie the
object. why Dof raise 1t in tariff bill ana not by e
csei
MIR, MORRILL, urged ire committee 10 tiIlLc out
the requirement, payable ia coin
Mr.. STryESs seid go 900 spindles in his town had
STOPPED within the last month; and now. when there
was chance get cotton IL order 70 revive suspended
manufactures tho gentleman (Mr. Morll.) proposed
-tusb cut the industry al the country.
to, slHyESs amendment 10 strike out payable in
cor was x. " proposed duty Of eight cents
Mr. hi.iI,' ,. II was estimated that SJO.OJO.
per pouidd m J;ad om iarif aud internal "ine
Gvt our expenditures we're Se.HV"o'yvy nnnn"'''
Therefore, the people demand "a aauilien ~ooplc de-
MIR KIERsAS said lie did not know Of tie =. ri'nc
moudinc additional taxation, whEe they were W.. -
10 contribute 10 the support oil Government. iNs
cents a pound was much AZ cotton would bear.
MIR Millers amendment was rejected by one major
Sir. HOLMAN offered new section to refund to per
sons entitled receive the same the tax pala on e
n,onnfacture Of nOlsses from sorghum lie Sald tIe
Conmssioncf admitted that he had made hisahe ~
assessing this tax, but viii not refund the money VIII
ont being so directed by Congress
Mr.. morrill, said if this amendment were adopted
il would necessate the duty OF gong over all Tue I''
manufacturers Of the country. , 1T, -,
MI WILSON replied that the tax on that article had
not everywhere been assessed ara collected s,,.ia
Mr. STEVENS remarked that the officer Ia hls olsilct
did not assess and he told the assessor shc DUTY
was not contemplated b. the law. aud that If any
tronble arose he would stand at hs back.
Mr.. Holmans siDen0ment was rejected.
Mr. hcc"iwFIL offered new section 10 tax SAFES
per centu aud pressed the Importance Of its passage
Mr. MORRILL, asked Mr. Boutwell, how much tax OF
5 cents pound on cotton would yield
Mr. BOUTWELL, replied he would tell him II the gen
tlcrnan could state tie amount Of cotton.
Mr.. MORRILL, said there was In the South Six millions
Of bales. ,..-
spnneIs who knew better than We estimated the num-
her of bales az three and half millions.
MIR MORRILL, asked how much additional would be
derived from incomes.
Mr. Boz IwTLL said five millions.
Mr. MORRILL, replied the Department estimated SIX
teen millions. It, 80 IL. .