Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1867-01-05
LATEST FROM ALL QUARTERS

WAsHISGros, January A. Commits
sioner Welles, in his revenue report, rec
ommsnds tax of one dollar per gallo
ON liquors, and opposes the reduction Q
2 the county tax. The average advance Il
labor, he says, is sixty per cent, and il
commodities ninety per cent The efiec
of the advance is the decrease in produc
ton and consumption, thus checking tn
national development The facts abou
shipping machinery look discouragine
The Book Of Trade shows the foreig'
tonnage to be $l,5OO,OOO, against $2,5oo'
900 in 1860, and 80 against l3l vessel
in the Brazilian trade. Instead of build
ing ships for other nations, Nova Scott
and New Brunswick build for us. TIL
publishers who have books printed ant
bound pay twenty per cent tariff, ane
uudersell home work. Machinery o.
nearly all kinds is proftably employed
The immense profits of manufacturing
during the war is attributable to the enor'
nous advance in raw material lie
recommends speedy return to
specie basis, and judicious
distribution of the taxes. He also
RECOMMENDS the reduction OF rates OF
manufacturing industry to three per
cent and corresponding reduction IN
corresponding branches of industry and
/ the entire removal Of the tax on bar,
nls.s and sheet iron, and the articles
entering into their production. also on
sulphuric acid and salt; reduction to
one half on refining sugar, and an
abatement ON raw materials, and admit
ting free the tropical products. The re
mort says that the legislation for special
;r.c.csts has been overdone. He ar
CUES against high tariff, but suggests
as a measure of temporary expectancy
some increase on certain articles, but
the House Bill, he says, is excessive,
and urges duties en- teas coffee ana
spices, and no increase in the duties on
spirituous liquors, but the abandon
ment of the two dollars aa valorem on
wines, and the substitution of fifty cents
per gallon
BE proposes no change in cigars, but
a moderate reduction on coarse staple
goods, and Hamburgs, wool and carpets,
and the substitution of specific for the
ad ralorem tax, and slight reduction
ON drugs, and opposes any change in the
duties IN printing or writing paper, and
suggests an addition to those on cured
meats and malt, aud large increase OF
the free list, embracing the articles which
enter into manufacture.
A bill of appropriation for coast de-
lenses was reported by Mr.. Stevens to-
day as follows: Fortress Monroe, $780,
900; Fort Taylor, Key West, $4,000;
Fort Jefferson, in the Tortugas, $50, 600;
ship island, $4,000; Fort Clinch, Flor
ida, s5O,Oe0.
The following is a statement oil the
pnblic debt: Bearing coin interest,
$40, O49, O74, 1870; bearing currency In
terest, 1892, 9,440; matured, but not
presented, sl45, ls9,9sl bearing no in
terest, s425, 567, 1893, 432; coin in the
Treasury, $9,7S4, l56,775; currency, 49,
1885, 04.
The Louisiana Memorial, asking for
assistance in rebuilding the levees, was
presented to the Senate to-day. II re-
veals the fact that fourteen parishes, in
GLIDING an area of onefourth of the
State, which yielded in 1866, two-thirds
of the sugar and molasses, and one-half
the cotton crop, and containing two
thirds of the assessable property Of the
State, are subject,o overflow, and tssat
eight or ten other parishes are subject to
partial inundation. The loss to the Gov
eminent by it is ss,OOO0O0, in Internal
Revenue, and that the people and State
government are wholly unable to repair
its leyees, and ask the Government to
indorse s6,OOO,OO0 in bonds, based on
100000 acres Of swamp lands The
memorial is able and asssts much at
tention.
ne ne possonls 1880 a,o oo '"'
!, u. 2 nalns ''are OWN ','o' 's si0'o'o'
Vcl 49,:
Iooe n'S'' = = 80 so'.