The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-08-23
WASHING TON.
THE REPUBLICAN PARTY IN TENNESSEE,
Colonel Stokes Meditatins Vengeance Agalnst
BrownloW and Johnson.
WASHINGTON, August %, 1859.


Colonel Stokes on Tennessee Politics.
Colonel w. B. Stokes, the defeated radical candk
date for Governor Of Tennessee. arrived here yes.
terday. accompanied BY d large number Of his
discounted friends, In search OF once. Stokes
business here Is to get new deal Of the federal
onhces IN Tennessee. Br0wnl0w, having gone owes
to Senter Stokes regards himself a. the
true representative OF the party in Tennessee.
and the only member OF the Congressional
delegation from that State entitled to con.
troll the federal patronage. Colonel Stokes q
very bitter In denouncng senter and Browniows
the latter OF whom he accuses Of having broken ~
the republican party In Tennessee. He says Brown
lows detection acted very damagingy against the
radicals and that his defeat Ii owing to thxs
than to anything else. Stokes says the election
carried BY fraud, and he intends to make o light
against the admission OF whoever may b.
elected BY the Legislature to the United statsG
Senate. He would not be surprised. he said, &
Andrew Johnson should be the lucky man.
Proposed Modincasisn Of the Iicome TaA
Law.
The movement alluded 70 In these dispatches
some time ago favoring modification OF the reve
nue. laws affecting incomes has assumed more for
midable and general character. Many members Of
Congress approve the proposed change In the law.
and OF important interests through
out the country are here giving shape and conssa
tency to the proposed change. Senator Sherman'a
recent speech 1t Canton Ohio, has been severely
criticised politically imprudent in consequences Of
his avowal OF the unpopularity Of the tax. II q
clearly shown by those familiar with revenue stattsa
tics that the amount Of currency revenue from inter
nal taxes requisite for meeting all expenses
Of the government, except interest on the
public debt, can be realized from whIskey,
tobacco, stamps, licenses and modified
nh a. In IN frpNA thA
whiskey TO dollar per gallon. which, It u
claimed, win realize $50, 900, oOo II the means now
within reach Of the revenue bureau for the preven
ton Of fraud shall be adopted. From tobacco a.
least $50 0o0 900 be realized; from stamps with
modification Of the present law, say $1,000 o0os
from fermensed liquors, 900; from licenses,
$40 0O0. 0O0 anu then from the modified income tan
but s15 OO0 900 would be required to make total Of
SIS, 100000, an amount equal to Secretary Bout
wells estimate Of the expenditures for the pro-
sent fiscal year. The plan to connne
the income tax to the tax on interest paid
on the national debt the five per cent to bs
deducted when the interest Ia PAID. This will
realize So 255 900 without dollar OF expense In.
CURED In the collection. The balance 1t Is proposed
to raise by taxing incomes derived from surplus
property embraced In stocks OF banks railways and
other corporations and from interest paid on bonds
Of such corporations This plan II u claimed VIII
while completely removing the unpopular and In
quisitorial individual income tax law from tho stat.
utes, result In the saving Of At least two millions q
dollars per annum in the cost Of collection Of the
revenue by reducing the number Of objects OF taxa
ton and consequently the number OF ofncers.
Continued Purchases of Bonds.
II Is stated this evening, by parties who pretend
to know whereof they speak, that In view Of the
fact OF the large balance IN the Treasury and she
small requirements during the coming month, Sec.
Rotary Boutwell, will continue his policy OF purchss-
ing bonds 10 at least as large extent, or evsa
greater, than during the present month.
Health Of Mr.. Creswell.
Postmaster General Cresweu viii return to the
city tomorrow. His arm, which was fractured .
few weeks ago by fail, ID improving, bus he u NOT
ret able to use IL.