The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1868-07-16
WASHINGTON.


WARRINGTON, July 14-The conference COM
mittee ON the tax bill after two sessions re-
ported there were two-thirds of the amend
ments upon which the Houses respectively
mad been unable to agree. The committee <
progress leads to the hope that the bill NAV be
reported back on Thursday. The Senate
amendments have Iearly all been agreed to,
and the committee were engaged principally
In arranging the preliminaries Of the bill SO as
70 make 1t work more tremendously. The
commissioners OF Internal Revenue is in con
ference with the committee, aiding by his sug
gestions In the arrangement of details The
conference committee will meet tomorrow
morning and make an effort to report in the
afternoon.
TREASURY CLERKS TO BE DISCHARGED.
Between now and the 1st of Septembe.~o
zoo male and female employees are to he dis
missed from the various bureaus of the Treas
pay OF temporary clerks has been cut down
rom $4,000 to 100000 for the present fiscal
year: The majority of those to be dismissed
are females.
MOVEMENTS OF GEN. GRANT.
A letter received yesterday states that GeL.
Grant would probably leave st. Louis for the
Plains during the present week.
NOMINATIONS
The President nominated TO the Senate to-
9ay Anthony f. Campbell as Postmaster at
Brooklyn, n. Y; Sherman Day. Surveyor
General at California, and Thomas j. Bowers
Chief Justice OF the court OF Idaho.
Inc President nominated to the Senate VIM
M. stafford and Hiram Knowles as Associate
Justices of the Supreme Court.
CONFIRMATION OF HON. VIM M EvARTs.
The Senate after discussion confirmed the
nomination of Hon. William M. Evarts Alter
ney General of the United States.
DEATAs FROM sUNsTRoKE.
The Thermometer to-day in various localities
ABOUT the city ranged from So to 106; there
nave been several deaths from heat,
MIR. WILSON'S MILITARY BILL.
Ine Dill introduced in the Senate by Mr..
wilson provides for the reduction of the num- 4
per OF enlisted men to 10000, to be contained
IN thirty regiments of infantry, eight of cayal-
ry and four of artillery. and coitemplates the
appointment by the Secretary of War of a
board OF competent officers whose duty II shall
be to prepare and submit to him a plan for car.
rying INTO erect its provisions. This plan is to
De suDmltted by the Secretary of War at the
next session, and no action is to be taken mon
IL until Congress has given its approval.
THE FUNDING BILL.
The following is the funding hill as nassad
by the Senate last evening:
Be it enacted, &C.. That the Secretary of the
Treasury is hereby authorized to issue coupon
or registered bonds of the United States in
such form and of such denominations as he
may prescribe, redeemable in coin at the pleas |
ure OF the Uuited States, for twenty thirty and
forty years respectively, and bearing the fol- |
loving rates OF yearly interest, payable semi |
annually IN coin, that is to say: The issue of /
ponds falling due in twenty years shall bear in |
terest at per centum; bonds falling due in |
thirty years shall bear interest at Der cent |
Mnicn sad bonds shall be exempt from taxa |
ton I'D any form or under any State or mimi
cipal or local authority, and the same and IN |
terest thereon and income therefrom shall ba
exempt of all taxes or duties to the United |
States other than such income tax as may be |
assessed upon other In comes; and said bonds |
and proceeds thereof shall be exclusively used
Tor the redemption or payment at the option of
the holder or purchasers of or exchange for an
equal amount of the present interest bearing
debt OF the United States other than the ex-
isting per cent. bonds and Der cent. certif
Gates, and may be issued to an amount In the
aggregate sufficient to cover the principal of
all outstanding or existing obligations as linn
tied herein and no more buk not to exceed
5000, shall be of the issue redeemable
in twenty years.
And be it further enacted, That there is
hereby appropriated out of duties derived
rom imported goods $135,O0OO0O annually.
which sum during each fiscal wear shall be
4ppheG 10 the payment OF interest and reduc-
ton OF the principal of the public debt. in sucb
manner as may be determined by the Secre-
tary OF the Treasury, or as Congress m Nv here |
after direct and such reduction shall be in
lieu OF the sinking fund contemplated by the |
9TH section of the act, entitled an act to au-
thorize the issue of United States notes and
for the redemption or funding thereof, and for
funding the floating debt of the United States.
approved February 18th, 1862
j.. And be it further enacted, That any contract |
hereafter made payable spec fically in coin,
shall be legal and valid, and may be enforced |
according to its terms, anything in the several |
acts relating to United States notes to the CON
trary Notwithstanding, providing that this sec
tion snail 1ot apply to contracts for borrowing
OF currency, or renewal or extension of any
Indebtedness under contract already entered |
INTO, unless such contract originally required
the payment in CON-
And be it further enacted, That from and
a alter the passage of this act, no percentage,
deduction, commission or compensation of any
amount or kind shall be allowed TO any person
Tor the sale or negotiation of any bonds or Sc
curiT,es OF the United States disposed of at
the Treasury Department. or elsewhere ON ae-
count OF the United States, and all acts or
parts OF acts authorizing or permitting by con-
5truction or otherwise by the Secretary of the
treasury to appoint any agent or some proper
omcer OF his Department. to make such sale or
negot,atlon of bonds aud securities are hereby
repealed. |