, 1870-06-02
June Statement Of the Public
Debt.
Reduction During the Month
Of May, 81, ,301, ,842.57.
Since March 1, $3t,766-
l06.39.
Debate on the Internal Tax Bill In
the House.
The Personal Income Section Un-
der Consideration.
The Sandwich Islands Treaty
Rejected by the Senate.

THE INTERNAL TAX Bill
WASHINGTON, June 1.-The tax bill occupied
nearly the whole day IN the House, 1nd
everything In it was finished except the
question about the tax on Incomes There
YVES considerable discussion 1elatlve to the
stamp tax On bank checks, which IVES tuaIly nxcd
At two cents, no matter what the amount OF the
drast or check. There was q sharp contest On the
question OF aholishing the one cent per boz On
matches, which yleds over ten millions OF dor]ars
annually, an amount that Schenck sad could not
be 80 easily obtained In Any other wav. Tne
mocon 10 abolish the tax nrst prevailed
by s. to T. 1t 8as then recons1dered,
BY IS to IS, and dnay rejected by 81 to 50; 50 the
tax Stands AZ soon as the section relating 10 in
comes Fas reached, half dozen members sprang
Tor the door. Mccarthy got II, and moved to Strike
out all these sections, or, in other words, to abolish
the Income tax. He Was supported BY Hessra
Kelley, Cox, Davta, and Hawley, and opposed by
Mcsa7s Blair, Ketr, md Schcnck, while var1ous
members Indicated arurpVse to move amendments
Increasing the exemption The debate was quite
earnest, lasted IN hour, and Will te resumed to-
MORROW. Butler tried to get the floor for his
speech OF an hour, but was unsuccessful.
ANOTHER PLAN TO REv1EE oCR COMMERCIAL MAR1SK.
The Stlte Department has furnished the COPY Of
n letter from Minister E.o~, at Brazil, written iu
December last, relattvs to measures which, tn his
Judgment, should be taken to revive our comner-
ciai marine He Eustatns his yiews with facts and
neures derived from study and observation aad
sums up as follows:
"0nt ship p-buildcrs must be relieved from all
bu' oehs and embarrassments, aud placed on as
good basis for constructing economically as their
competitors in other parts Of the world
Liberal subsidies Should be granted,
whenever Necessary, to establish those close
and rapid communications essential to supplying
articles Of rst importance at the lowest POSI-
bhc cost, and lowest transportation, allowing US,
a the same time, to pay for them rs far possl-
blc with the products Of our soil and factories.
To accomplish this last. tt is very important bind
any ship owner to whom subsidy Is granted to
make as good time and transport freight and pas
scDgers rs cheaply rs vessels OF our own Ut any |
other nation, whether subsidized or not 1t would
Seem TO me That in earring out this policy we |
could establish at least SIX lines OF subsidized |
steamers to countries and islands South, two Of !
which should be from New Orleans and Others |
from Baltimore, New York, nr Boston 1t would, |
in my opinion, be great to ask any fo1cfgn
country to join us In these subsidies Let them be
Ented States mail, passenger, and freight steam- !
etH, equal not superior, IN every respect to any
built IN any part Of the world, eylncinS our genius
and libetality, and, above all giving TO those |
etnntdes, all Of which ate needing steamers con-
Etan1ty, po6uve evidence Of our ability to supply
them all The various classes Of vessels required at
the lowest prices, and Of lowest aud best quail
tieR."