Daily national Republican. (Washington City [D.C.]) 1870-1872, 1870-04-08
CONGRESSIONAL PROCEEDINGS.
POhy.Flnt COngrn--SccOnd Regular Session



SENATE.
THURSDAY, APRIL 7, 1870.
RAILROAD ArD LAND anAETs.
' Rs n. mSfs II:
Nj. HSssii hoped i you'll DO lnpt.StIs.bIs
grants 70 DO pushed through Congress, a. II
was against tho interests Of this people. These
SS s, sss S oI 70 .n spG Hhs the
them, erect churches and SehooI-hoasss, and
iributed nothing towards these Improve.
ments step 10 and sell their lands for Gao, ESQ
and go per acre. This 4 the policy which
has been pursued By the Illinois oentrslrGil.
Mr.. stewart eontended that there had been
no material abuse OF these gIAnts OF lands to
which were circulated In the newspapers, were
manufactured By Epeoulators for their own
given 70 railroads had been reclaimed from
deholation and the resources Of the country
opened up and It's material wealth Increased.
rope. Our external commerce sunk into Ia.
sigulhoanee by the side OF our internal com
%s,ss auS that Is soT where The Ero,nsss and
Last wear we built four thousand miles Of
railroads, and our aim should be to 90 on with
this policy to foster our railroads.
MI. Pomeroy said In new oountry 10 was
impraoticable to build railroads. without land
grants. OF course, in the old States, where II
buiid roads Without the I'd Of It tSls sii%Sisut'
but 10 the new SIates and Territories ID was
MI. Nye argued At length in favor Of the
and drew a Srsphic picture Of he R mstss ~
civilization IA the extreme West through the
inSirumentaiity Of railroads. This policy had
worked too vol, and the people were too we'll
satisfied with y now to allow any backyard
the people demand aud what they will have is
rapid and cheap trans ortAtion from one end
what TAilToadS can live TO them. -
- T-I- w THE inooME TAX,
Mr.. sherman then moved to lay over the
Ho1ss iii relating to he iSco2s lax, spd s exc
pressed the opinion that It would Be passed
without debate, :.
Mr.. sherman said the Con mIttee OF Finance
weie oftho opinion that u would DO proper 10
continue the Income tax for this and the pres
which would eSsus they had dsslSsi 10 III
the general subject rest until the general tax
bill came 10, and the revolutions they now re.
gSnds and salaries should &c oonsIsneS ~ fo p N:
prcuent wear,
sSSn Suppressed d,gOs :. 70 the Legality
but he would not discuss the matter nov, And
only desired to call Attentlon TO 40 am nd m M
h, sasmnt II @ bSt in sso ' WEI 'SPpo .a
iIops are required to pay 10 gross the tax on
oeiye dividends 90 stock held b. tsema bave
This tax deducted, although their groSs insoms
is %1' s q the a% SSIS q 1SSG
tiSued. 'AS0' 80 ''Ou'I H0' % CON-
NJ s sSG Wan are ssSyr elSPiT , ,
Il has died a natural death. IL VA wsI
measure, aud now that peace has returned Il
the eountfy shouId moi be H. daiIx bts,S
There was another mstter 10 whIsh hs ds,iSsd
10 call the nttontIon IN ina Ssnslos fsnns
Ohio INT shefma1'i and ia w.s ~ Ion ION
ieot of the taxes. ia repested tha sTv anoSn
With the taxes" The oountry was Il q con.
mat ~ pnSaeeS 'u''"' w. "nu 'he 'ANe'
Nj. OonkilnE said the were 10 favor of tho
rs-sstabiishms6to OF the Income tax he should
10 make plain that which was already Main.
ii was H,.t As pIsIn A. words eouid M. ~ NJ
s .as, 'he lasoIs @ i sHpuea Stn tne ISL
man had aid vas ealeniated Ia msks a nstinn
OF liars. Equitabie 10 theory N wss mo.t
that this NAV 5s 4 duality. he would be- viii.
Ing TO waive ohIeotIon and let this Te,oiutIon
20, a. the tax, n diyidends and ssl,riSss was
Already pretty well satheTej in
NJ Sherman wonId, Al tha prop,r time.
demonstfste that Inc iaeome tSx VA The most
..Sni,sISl: TAX q theory aud gisOtiss: II !:
impoTtsnt TsAsons WHY thls tsx shouid he
eontinned for several YEAR ionreI, IL fslI sliSs
upon ali classes. In regard 70 the taxes gen
h. nr,edissbis "a myhs = issHa ,,sSns,,nn "'u'"
MI OookIinF waTned the senstor in N. ar
Fument 10 prove that this was The only tai
On pSoperty, because. when n cone. To- maj.
IL must he shown that the taH h laid unon ths
produetS OF the lands. And therefore mon the
land itseiI And Ihla taS must h. canal, ~
that the senator will have great diiieuity ia
nrovinS maj ina taI n eon. fitntionsI =
Nj Ss.ssriv saId ana nosition s..nn.d h.
Nh sssrmsn Va 'I ~ 'nI ssss ~ III I'M ~
" ~ ~ sn ' iase p al he 10
A1.t shs H,i ~ ~ p oteai eeonouy
nut, sherman sald No could edduoe seYefM
this tnn. Ns'a u0isnu'ns 'ho squiy VI
Ahs4 ~ ~ -. ,.,n.. ~.
.aa tsPpeethsso INA, ~ Sta nsa ,i,ns
teknaRpnSin s u, 49, a., Ih,t Sfs $500
" ~ ,.i.tnat.d a, iat,s a., NJ
haa. nny az ~ "P'H -
Nv NJ, ssa,nnsn said t,.v.. ali ,.,,t.a n,tD-
rls Ss y, ~, ~ wa WI sch'ieu piln
Yns. ~ i-"e'a"u W 'e'g "H iu0ou'e ~ III HN'
,PelSSs. ,,,i.. ., -. ......k.