, 1866-05-08

frcc. Iron heiuE au ert &C Of such large consunp
iitu. thaped ,nlo sueh nulstis7ous forms tor the
o pfodnetea and n eSnaspt snps bes ne
pei, enes, lie coamaitee Of Ways and Nean. haze
sssa T. c1s sEs 81 s p Sa 'qs es
rpon bar iron, Cheap iron Is an advanta1e to The
whole country, and especially 60 to acrleutuEiss.
hin, no:r>ver, win ehow. for Itself 1fA'
Eslrciinns base been made with thc soc
sT Of H. tc g,sa'sst eood to tas greatest NUN
The House. II csnnot be doabted that i Is eonud
pubic policy 70 lrduce tho-e having but email
ne1s se ssas ssats | ,s sso &
or peop, y weli Is that Of our COUNTY,
It eoon ne peope. pH'' De g. ''s haudsed 5 aos
q dollars: Wacse else can sntiar tact be cited1
Nomen- stuIg Demons, and those nnss1lied IN
TOO little 10 he reached sepasate,y py taxes, .hoad
rot be- taxed. wh#n a. .emhled together but ra,hes
deteTe the rate'nai carr Of the tove1ument. Tax
ia ths bill .: frs, reported nom three to i've per
cent. Cpon 1urtAer consideration. In the revised
bill, The rate has been re-to:rd to What IS now
the existing law. When we arc reducing taxa-
to single ont one cass Of b1sIness. anl that one
giving narked distinction 10 American enterprise,
ernt upon IL nst ANNUAL receipts .The iar upon
Telegraph companies has also been placed upon the
same leTel or trIucsd from five to tutce peg cent.
oas a e y! s ss5 P'd 70 u .essa ssaa
| = absolute los .. $ioo.oo6 .; s65.~
il wt be seen have heep ..;ssly changed in fors
although the sub. .tance Of the tax viii he fnuld
aabeKne 10 Il. The SPECIAL tax lake. It. place MD
will. It supposed. DO e4ua1 te.vica without being
II If IN attempt 70 regulate The Internal cornmerte
| Of tie States. is not Lfopoeed 1t thts time 10
change the rate Of ta1 on spirits, nor matt Hguoss,
Opfs1ion sufficient eugsh Of lime to lest its real
value Tor revenue purpose. and incidentally, 10
donb+ iss sslue az mode Of repression in the eon
eumpilon OF Intoxicating beverages. 70. the aI.~
gaon-asthonch The tinae elapsed sInce IT, ADOPT
ion is loo 1rief definitely settle ,he question
sDa sss%s Il Hke' to ueps Pose as sD'asaStSss S;sni
question, the Recommendation Of one dollar per
gallon, Ii 'hs its'enus Commission, would not be
! dtsr"Earde1 by the Co1nm,itee Of WaJs and Means
Cur cSpeElcrce II likely 10 correspond with that Of
tue wostt, Which IT, that the appettes Of men for
spIituout liquors are held in ehecx very little BY
hi.h cost uplest that cost Il rery exor0itant and
| only :bose IN ,'he most indfsent elrcaz1eiaaees
chick the nu1arity Of their inaulgenee or Eurreu-
deT NY portion OF theis M accustomed allowance
mak1n: out the calculation Of ihe increased COS, of
| Ton Of iron. put in t"o dollars and nIiy eeats
plo,st is eo@pe:isd. 70 doubt; 10 irsesse
lie snaount OF his monthly payroll to covcr this
ne.g lc1a In the cost Of living. Ii mar be inferred
brclrh oi tie land i a. large Is ever; bu the taS
has not hecn, passibly cannot b.. collected. The
{ plan ofme.ho1ated alcohol has proved failure "a
ENGLAND, The spirits being red'=tt1lcd 60 as to BE-
The Committee On Ways aud Means have. pro.
rossd somr modification Of ,he ,nco1n, T., law. nut
dus'rial emp'oynlsuts must .rcnaaln 10 i
!sat i esa, 81 1e a!.peasea ! xi,a> IS *s sSs
| ami thus temporary character was pnf upon fls
face. ~ orr great er1efrcIcF, Il contributed, not
!e be 1etr1nea again With Interest, larger amount
| We propose 10 exempt the ir.t t1oaaan.l dollars
,s om ay rs fSd ony @ 70 ssh
| srM exempt from 500 to- 100, Exactly how
much Of reduction it Will make In our receipts.
10 fifteen rcr cent, while iiis ksly to d.:inisa tio
| number Of persons taxed.
,,; 3qr . snea' pqTes, @ sso esen IN The aeoa!ss q
honor res,s on it, c,,di: E'r:{ promise has be=n
kept With Lntttc good fai,h. 30 creditor holding
1nlss!.ons toi ne Ss!ion e., hae had t. DO aprs
his service without receiving at tue zane moment
with hIe honorable discharge the last dollar dur,
L. 'hsre thes"iore any lat5ing danger as to oas
cannot be shaken. The vigor aud elasticity
seandsns ioay VII se ns sseaIer tomaoS @ e
empire, ancient Of modern. ever frceiyrd datly a
aunasy teScEnc, Of equal magnitude, anil the
| wealth hldatn IN our nlountaine, II It could be
pisced III tue balance. Wonl make our NATIONAL
/ d. BIT kick the bean.
Slr: RAIMoSD spoke In faror Of GONE app.o-
p,iaton for paying The principal Of the na,ional
uebt. He dio not hlrk it wise 10 pfpvide le.. than
dfly millions tue lrst yeaF, 10 be 1ucrrasd from
3ear IL {ear, ~ tne E.ste1n Of taxattou mar
| ha Perfected. lie favored tax IN incomes,
cotton and tuEurice, aud opposed the removal Of
sc increased rate OF five pr cent On incomes above
reduction OF Lax eplr=, a1t opposed the ts1tn:
oi emslt manufacturers, euch tailoss, dress ms.
[ kefs. sboenakers. etc.
The House then proceeded TO the coxsidcrstinn
Of tho ptlI hy Ecc1oa.. tor amendment tho rst eec
tfon being That imposing a ta1 ot I've cents PEI
I pound OF cotton.
| Mr.. LYNCH moved au amendment. excepting
SIN lpudred pounds Of cotton IN the hands Of The
! p.olacer.
| Adjourned.