Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-01-24
CONGRESSIONAL PROCEEDINGS
Tor, e.-Nirlt session.

EtOts e--Night Session.
WAsHISeroE, Jan. 2S.-The House re-
manned in session until o'clock this morn
ing, when, after compromises, which came
from the Republican side, Mr. Boutwell,
that the House adjourn to meet
IL O'clock, when between that hour and
noon, any Of the Democrats who wished to
debate the bill could do so The House
took recess till IL o'clock, when they re-
assembled and continued Tuesdays session.
After several speeches an adjournment was
agreed on, and Tuesdays session finished.
The House then voted, and the bin was
passed by ayes l09, nays d
Senate.
WASHINGTON, Jan. 23.-Varioas pet;-
tons and memorials were presented.
On motion Of Mr. Henderson, the Mile
tary COMMITTEES was instructed to inquire
whether, under present legislation, the i0ta
regiment of Missouri State militia, mus-
tered out Of the United States service, are
entitled to bounty, and If not, the expe-
diency Of 80 amending She bounty laws
as to make them entitled 10 II.
Mr. Harris, from the Judiciary Com
mittee, reported bill giving persons con-
fined in State penitentiaries under sentence
of Federal Courts, who shall conduct them
selves so that no charge Of misconduct can
be sustained against THEM, deduction o.
one month from each year Of their term q
imprisonment.
Mr.. Chandler introdneed a bill 10 eon@
strue the act of 1866, TO prevent SNUG
Cling 30 that it shall not effect any right
of suit or prosecution which NAV have
accrued under any act Of Congress preyi-
Gus to July IS, 1866.
Norton introduced a bill amendat0ry of
the homestead law, providing in case of
any person who was in the military orna-
val service at the date OF the passage Of
said act, and who was a resident on any
public lands under pre- emptioE or upon
which bona fide settlement had been made
for period Of FIVE years. Required that
the act shall be estimated from May 10Th,
1862. Bill referred.
Ramsey introduced bill amendatory of
postal laws, which mobiles the fee on pos.
tai money orders, viz: Ten cents for an Or
der not exceeding ten dollars fifteen cents
per order not to exceed thirty dollars and
twenty-five cents for orders above thirty
dollars. The compensation of Deputy
Possmssters for payment of money orders
is raised to one-fourth of one per cent.
Among the provisions il one for the APP
pointment of superintendent of foreign
mail in the Postofice Department, at a
salary of S., GOO, and superintendent Of
dead letters al a salary Of $1,000. Bill
referred
Mr.. Wilson introduced bill for the es-
adjustment of the Howard University, for
the education of youths in the District OF
Columbia. Referred
The House bill prescribing a test oath
for lawyers practicing in the United States
courts was referred TO the Judiciary Com
mittee.
The bill passed confirming the title of
John E. Boutigey, deceased, formerly a
member of Congress, to a tract of 10000
acres Of land in Louisiana.
The tariff bill was taken up.
Mr.. Sprague moved to amend, by in
creasing the duty on brown linen, duck
canvass and padding, to 4 cents per square
yard, and IS per cent. ad Yalorem.
Mr.. Sherman spoke on the general sub
ect of tariff and revenues He said all the
revenue required to be raised in gold must
be raised by the revenue on imported goods.
1t is different if imported goods are bought
| with gold. All transactions in imported
goods are based on gold, and being the pro-
duct Of foreign countries, must De paid in
gold, as it is the only money known to the
commerce Of the world. The financial
policy Of the country during the war COM
! pells us now to raise very large amount
of money in gold. The interest we row
pay upon the outstanding gold bonds Of the
United States, according to the statement
OF the Secretary Of the Treasury, is SS2,.
480,531. By the terms of all the out
standing bonds, except compound interest
notes, they are convertible into gold bear
ing bonds at per cent. When they are
converted the amount that win be required
in gold to meet the interest obligations Of
the government viii be 81, 3I3, 1897 In
addition there must be raised an amount
required to maintain our foreign interests
and othePliabilities growing out of treaties
etc, which it is estimated will amount tC
| 100000. The aggregate amount Of gold
necessary for the present fiscal year will be
net less than $140,000.000 In addition t.
| this there are bonds, which are to be paid
in gold, Sl4000,000 Of which will maturc
within the next fiscal year. With the ne
cessity for the United States to raise ont
hundred and forty million dollars yeaI
In gold is absolute TO free trade tariff, anC
it is unnecessary to talk of protective tariff
because we cannot possibly frame tariff to
raise SAC, 00O, 600 in gold, without protect
ing to very large extent our home indus,
try. To the extent that this amount is
levied on articles that may be produced in
this country, it operates fer their protec
ton. The rate Of duties to be levied or
articles of this kind, under this bill, will
not be less than so per cent. ad valorem
1t is manifest, then, that the main object o
the tariff bill is to produce $4,000 600
We may very properly leave the question
of production as a matter Of doubt because
it would be impossible to frame tariff bill
without protection. Ii is sometimes sale
that the present tariff bill will produce tina
/ amount, because during the last fiscal yea
it produced S179,000,000. This is not cor
rect. During the last year, our imPorta
tons sWelled beyond any former period il
the experience of this country. 1t yielded
US revenue of SIS, 100000, but under the
very same law, the year before, il reached
only S84,000,000. The cause of thi
is easily explained. When the war closed
| the Southern States were depleted Of every,
thing produced by foreign as well as do
mestic manufactures; merchants in the
North had been letting their stocks get Low
and with the sudden fall in the price Of golC
which followed the close of the war, they
imported very largely, and we cannot
depend for need this fiscal year, for upor
the present tariff bill it will not much
more than reach $125, 600, 900 or S130 600,
000 The pending bill proposed an &C
valorem of about 10 per cent Of manufaetur,
ers. Mr. Sherman then examined the de
tails of the bill, explaining the motives
that actuated the Committee in adopting
the different rates established by the bill
Mr.. Fessenden opposed the amendment
OF Mr.. Sprague, he said it would not do t.
leave the formation of tariff to the manu-.
facturers, as they have too much interest
in it, and as It has been said there is 8
great deal ofhuman nature in man.
Mr. johnson spoke in favor of the prin.
ciple Of protection, as it was essential tc
the welfare Of the country at the present
time.
Mr.. Sprague's amendmentawas disagreed
to, as were several others Of a similar ma
ture.
Mr.. Foster moved an amendment re
ducing the duty on salt, which was rejected
Adjourned.
House.
The House remained in session until s