The New York herald., 1868-03-26

( .st,.s4 WASHINGTON, March 25, 1868.
Mr.. BANKs (rep.) of Mass, behalf Of Mr.. Shella-
bargcr, introduced bill to provide for the removal
Of the remains Of W. Coggeshall, late Minister from
the United States at Ecuador, to the United States
which was referred TO the Committee on Foreign
Affairs. .,s s. $tsa1t "a 4..4ss e1s asuFf afi ir
THE SCARCITY OF NOTES OF SMALL DENOMINATIONS
Mr.. INGERsoLL Vep.l OF H., asked leave to offer q
resolution recitng the complaints OF scarcity of
notes Of . small denomination, and requesting the
Secretary Of the Treasury to issue United States
notes Of the denominations of ones and twos SUI.
fcent to supply the deficiency.
object II the Secretary were required to cancel an
equal amount OF notes Of larger denomination.
notes issued was willing to accept that modidcaon.
MI MT; HOLM Seem OF lnd.' was not willing and
M. INGEHsoIL then withdrew the resolution. say.
ing that he would OFFER the same when his State
should be called for resolutions.
TIE EXEMPTION OF CERTAIN MANUFACTURES FROM
The House then proceeded to consider the Senate
amendments to the House bill to exempt certain
manufactures from internal tax.
4 The Committee on Ways and Means recommended
non-concurrence In the first and second amendments,
which proposed the following proyiso to the first and
second sections:-"Provided that the product OF
petroleum and bituminous substances hereinbefore
mentioned, except Illuminating gas, shall from and
rates rates nxed by the said section ninety.four, and
nothing herein contained shall be construed as q
repeal Of any tax upon machinery or other articles,
made with the United states prior to the passage OF
this act,n and the committee recommended striking
out e 1s and sfo 70 snSsue cer Oh 'ne
Mr.. scHENcK, Tep.l OF Ohio, proceeded to explain
the recommendation Of the Committee OF Ways and
vious question and have action on the bin today.
The committee, he said, would have preferred the
bill as Il originally passed the House In that bin
which imposed q tax OF nve per cent on mAnufac-
lures, with four exceptions. He was not prepared
the general Bill to impose on distilled oils and there
fore the committee asked the House not to inter-
fere with the subject Of distilled oils In the present
BILL Distilled oils produced now about IS, ,000, 900.
He knew It would be said that the Senate amend
ment was just and proper, because II was taxation
Sa e omee ways and Means s1d
persons representing the coal oil interest, from which
It appeared that the poor mans light was
was before the tax was imposed upon Il. What was
the Of It's cheapnessp IL might be said there
were great many Illicit destinations OF on; but that
should be rather an argument for protecting the
honest dstilers OF oil from dishonest dstilers and
the committee was preparing provisions which It
distiiers OF oil from the practices OF dishonest dis
tillers. The committee was determined on report
ing some tax on Oh. AS 70 the second amendment
contracts already made with the government, he
proceeded TO state the objections OF the committee to
Il. The principle was recognized that In contracts
made between individuals each side took the chances
OF changes that might be made in the law from time
to time. The government should not be treated
differently from Individuals, and therefore this pro-
viso was at variance with that general principle. II
there were such outstanding contracts on which the
government might lose few thousand dollars 1t
should be subject to the same general law indi-
vidua contractors, who might probably In the aggre
gate lose millions In the same way. He then pro-
ceeded to discuss the third amendment of the Senate
aCanst making allowance for drawbacks on account
OF internal taxes paid. The committee proposed to
let the drawback continue for three months, but
only on articles manufactured before the LIST OF
April. As to the fourth amendment OF the Senate,
over $40 900, he proceeded to show the distinction
between that and the Committee on Ways and
means which Is to impose h special cha tax on sales He
while manufacturers relieved by special tax on
manufactures they should pay special tax sales.
The committee therefore recommended that the tax
are exempted from taxation by the provisions OF this
bill, and whose annual sales exceed $1,000. There
was another which did not specially relate to THIS
give Its attention to on account OF the pressing ne
cessity for It. This was In reference to whskey which
was being advertised for sale in Philadelphia for
less than dollar gallon. II was plain that the tax
not and could not be collected under the present
system. He closed by moving the previous question:
promising that the hour which would be LEFT TO him
to close the discussion he would yield to gentlemen
who desired TO speak. .-4Ln m.
NJ; JSDD3 rsp2 Of N m, desired 70 submit 4, an
ir Hr. scMsscI' declined to allow the amendment
Mr.: woop, Idem.l Of N. Y, desired to ofsr mo-
amendment which shsli reduce the duties on for
etgn mportattons 10 the like extent now proposed
TO reduce the tar on domestic manufactures. !.
~. scHnNcx declined 70 allow the motion TO DO
n. scHoy1nA fsp) Of pa, desired 70 submit an
amendment TO the nfSt amendment Of the Senate BY
sDsc;}yng sns prccuct Of petroleum e above the