The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1868-07-07
IRE T.zstIon of Government Bonds.

I Tire Taxation Of GOVeEDneDt Bohoss
firm ~ Ffae1e1A caroafeSs.
81 much has been said about the eI-
snop;ton oFIbs goVeIumenE bonds IRON
taxation, and mistakes are 20 preTalsn!
ar, the subject, that come postttTe ana
mora Ineligible views are SrsAfly 70
b desired. The heated d1seusslops
which are row going forward, bo;h IN
and out Of Congress, will have this
yood result, that the people VIII get to
Understand both what ts1es aTs nov
rad by the bond holders, and whether
more 6scaI burdens should be PIT upon
t5en.
Tbursday, C6eEed bill ~b.ch attemPt-
eJ ouasrIy TO meet the queztion. 4nS
raszEsire suEpends TIE existing income
tax Of per CENT as isE AZ u -pP.!sS ~ ~
he interest {. The bonds, and puts IN
fts place q tax often per cspt. me oil1
iotFoducsd By tbs Comnittss OF ways
and Means, 50 obedBsuce 20 &r. Cooos
yssoIuttou. attempts the same thing,
but does nos repeal the income tax.
what II u chiefly iDPoEtsut 70 oven
MON thtz-.zsE the nzfiouzi sscart
Ties are 10; unLaIsd a: present. meg
tsxsd bT Congress j1EI the same as
o,bEr tucous-pEOducinE property h
tsxeC: and tie question Gov before tie
rao5Is u. zhsjbsr the Government
F,on6s sEsH &c diseginiHAted against,
and EEesEer TIE income from bonds
shzIi gay more tax rEzn Shs income
arising non oGheT souIces.
In reportirEr The oon6-tezatlou Gil az
ordered, Tie Ccmmittes Of Ways and
Means very properly declare that t'Sbey
act il Obedience 20 The positive dIec-
tons az the House. and contrary 10
their own best Judgment Ihzy 70
serve TO themselves Lheic fights As
mem ters Of she House. 10 oppose In
every way pOrs'ois the adoption OF e
measure, which they regard as hc=Llls
70 re public interest, and injurious 70
re uaI.Onal character, a Dill 10 aCthoE
izs an internal tax on the interest OF tie
bonds and other securities Of the United
Slzres." This measure, II il becomes q
law, IS destined 10 have sucG taDPor-
taut results tlat We copy Z IN full IS
follows:
&c 4 eIaesed. &c, That rom AID zEtsz The
pas.zse AZ LIS art, thEse sizAli oe ETteds coi-
1s7s-.elf All pad TAX Of ten pS< cz1 suLn on
L-e amDUaE Of mtzsssl bErE8Er.z Gee and
r4TzoLs q A. tl.s DO1GE zE1 CHEZ secuI5-
sse-soz. q ~ :zx, Ing snpOzDt Of intesess
Ee-=a-e= Ezs2 "a Any ooo3s Og OtEeE seS1T1-
- q ~ CE1-Sz states bEzrzbg interest Al
ETs al &Es-lEsIEE EseE eeat1rn. nd bar
s-K &ELS-=ts A. Las 2ais Of 1Es pEs Ssnt5so
t:ssG y .. i.s zz's a ely 4 1-ls Jlsr eent1E1;
40 q .,sz.IE.E 2EIerAs Il LEE nae of thTt Pes
sse..z.u sszsIf ~ =. LSs sSs= o OEiy Gig PEI
eE--g...--y ~ 41lErQ- Nc ksZEeZ Ezis q tn
EgsE-i .zF- a bee ESTEacgIslE1 kE1Sl D. plzSc
-. Az E,xsc 70 scEsEF sE55zls11[ Il EES CEztE1
s.assz ETu sy=ts1xo6=EE q sEt60ZznS1 70 u
as5slsz=- Al ESasz1css q azeG o1E1s q
Gs;-s- ssszg-tJ. az Al EEEE I'D EszEts q AM
y liz s0z:-zE7-, Ess Ss,spg EEPSz4sS.
IEs simple rszdlr2 Of tia bill oozh.
70 os sn1axH TO EboW t5At y ezDoos be
pAkssd. Il l. csEIziaiy uni: 70 bsccms
a izE, and u, az s. reported, Is stands
ssons chance Of getting through the
dguse, i viii no doubt TecsiTe liz
qojsius In the Senate. In its present
shape, It involves Tspudiation and
breach Of faith in thslr mos; rsPulsiTe
E1flus