The Charleston daily news. [volume] (Charleston, S.C.) 1865-1873, 1869-11-23

coas's Of the British provinces. o: America,
and the free navigation OF the s.; lawrence
River from It's source 10 the sca.
rnc drrna,OSuisin which passed me cigl'
hour law just before the elections, year AFRO.
is shown mp by The administration even ia its
practical enforcement. The work!rcn on the
New York postoilicc are iaboring ten hours
each day, and when the trades unions COM
plain 10 the Treasury Department, which con-
trolls il, they arc answered by Secretary Bout
well that the government employs contractors
only, and that tho latter employ the laborcrs
AS nearly I'LL OF the work OF the government
outside of The navy-yards is done through the
contract system, the workingmcn arc making
"a very pertinent inquiry into the way In which
the cigh; hour law benefits them. They have
already drawn UP memorials and bills which
they intend to ask Congress To act ON tho very
first week Of the session. The law applies row
ITO all lahorcrs engaged ON public works, :
and In the New York postoflicc casc the n,l-
minist.atton pctiiogs the matter.
A telegram from Washington, in The BG!ti-
more sun Of yesterday, says that Senator
sherman, vino is here, "is husily engaged in
preparing IL bill Tor funding the public debt,
which he will present early in the coming scs-
sion. The bill will embrace all the features of
the bill introduced by him durin" The lust scs-
sion, with the exception oi the rate of interest
Ut which the debt is To he funded. IL is said
this will be lower than was previously contcm-
plated by Nr. Sherman This is wholly incor-
rect Hr. Sherman, ~ chairman Of the Senate
Finance Committee, Is not preparing y new
biz. On the contrary. he intends to press To 4
vote tho funding measure which the committee
agreed on nj the last session, and so far from
the rate OF interest being lower than the old
bill, it is Mr.. Shcrman's opinion that il will
have TO bc fixed higher than four per cent.
The exact figure he has not agreed ON, and
will not until the message and financial report
ore before Congress.
The income tax expires next year, and yet
the Treasury and Revenue Bureau will cub
stantially recommend its rc-cnactmcnt in
hclriorthcoming reports. Why this burden
| should be continued when II could be reduced
to two per cent. and twenty millions collected
from an efficient enforcement, is hard TO sec.
Five per cent. on the net income of every In
dividual Is tax that is not demanded by the
| condition Of the Treasury, and cannot be de-
Tended on the principles Of equitable taxation.
ihC toIiuutC vi ICVCuuc from Ill
sources for the fiscal year ending June 30,
1870, il $I40, 900, 600, and yet the prospect is
that the actual result will he from thirty 10
forty millions more, which IL just 20 much
capital taken from the business interests OF
the country. If the result exceeds the csti-
mate, taxes should be reduced
The Masonic fraternity OF this District arc
in flourishing condition. They have just
completed magnificent temple, at tho
| corner Of Ninth and streets, which is
| to be naugurated on December lst The
| building is three deep stories In height,
| the first floor being built OF Quincy
granite, and the other two stories Of Seneca
| stouc, with window cGpg elaborate with Aa-
| sonic designs. Resides the regular halls for
| the use of the lodges, there is q large audience
room, with stage, dressing and retiring rooms,
suitable for theatrical entertainments, lectures,
&c. With, perhaps, {. single exception, it is
the handsoinest public building in the Distric,
outside of the government structures
| IIoar goes out Of the Cabinet on January LIST
and on To the Supreme Bench-at least his
friends say that Grant has promised him that
important vacancy. ZErA