The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-01-07
ia, dispatch to tho Baltimore Sun.

s,,e,sl dispatch to tho Baltimore Sun. -
..,tnr Views OF Congrcssanen-
Insenrtant Legislation Expected
Imp r,nances and Optn-
TIE On regard TO the Currency ant,
ION ACKNOWLEDGEMENTS Of To- x a :
Ian-Whiskcy Petitions, &c.
n~,su,ScroS, January SIT is expected
Cn,cress. after resssembling to-mor-
Ih 1 will at once get to work earnestly end,
row. TOW, boped, periodically, upon the mea-
II Us already proposed, and others con-
sa' sS to relieve the country from
.e e numerical and financial disorders
, rs;ch prevail or threaten.
"' Wnn,hers of Congress just returned from
"a holiday visit to their homes report that
n'o have been urged by their constitu-
'n.s - nse their best efforts to immedi-
en 'S,. nerfcct the necessary legislation on
aver ,ions of finance and taxation, to the
qUsS' ,hst these may be speedily and
e m;se,r settled. not only in obedience to the
e ",~e of the times, but as well that
e'uS1e crave matters may be determined
NJ NJ the Presidential election, and thus
r pe.n them as free as possible from party
hNN
p0 These members represent that recently
80 notification in sentiment has taken
lace on the propositions to increase the
i"ner currency and to contract the same,
.ha Srst increase of currency bong urged
, ,,'o and the latter (contraction) scarcely
a, all that the proposition to tax Govern
mcnt bonds has grown in favor; that the
mode and time Of paying these bonds is
nnr,c;nr the earnest consideration Of the
,,"e,Ia that there is well-detined divl-
t;onn r coinion-except in cases where the
,,a. IN EXPRESS language on this subject,
S;,rcts the payment in coin-and 1t Is dill
Ell, n determine whether there is ma
;or;,y in favor of redeeming these obliga-
,ion: in currency. Some also represent
.bot there is not such earnest and active
opno,i,ion to the national banks as was
manifested at the commencement OF the
November session of Congress.
Bpt above all other questions upon
which the people express solicitude that OF
taxation is probably foremost. The reduc-
t;nn Of the aggregate sum collected (about
Eve hundred millions) is advised, and the
nonnlar idea seems to be that 1t should be
fyed, as an experiment for the present at
least at about three hundred million dol
lars Il is also advised that the number OF
taxable articles be greatly reduced that
the cotton tax should be at once repealed
that the income tax is odiouS and lnqulSl-
tcrial. and should be abolished; that the
tax on distilled spirits should be greatly
reduced-some urging twenty, others fifty
cents per gallon. They say that there is
an almost unanimous belief among intelli-
gent commercial men that the present tax
upon spirits can never be collected, be-
cause ii is so disproportionate to the cost
Of production, and that this tax results in.
prohibition upon fair and open business.
Such is substantially the information your
correspondent has to-day obtained in con-
yersations with congressman fresh from
conference with their constituents.
Upon the subject Of tax on whiskey
there are memorials here, to be presented
this week in the House, which agree with
the views above presented, and one OF
these memorials (from the Cincinnati
Chamber of Commerce) recommends the
adjustment of bonded warehouses, and
the collection Of the tax at the distillery,
and to tx the tax at fifty cents per gallon.
These recommendations coincide with
those of the spirit convention held here
last month, and seem to meet with general
approval, except from the whiskey
rings " and persons engaged in illicit dis
tiation. The members of the spirit con-
vcntion appear to be anxious to cooperate
with Congress in the adoption of law
which shah embrace the: essential points
set forth above; but there is powerful
whiskey ring here, who are expendlng
large sums to prevent any modification or
change of the present tax on spirits, or IN
the mode Of collecting the revenue.
nIrI