The Republican journal. [volume] (Belfast, Me.) 1829-current, 1870-06-09
WASHINGTON MATTERS.
THE INCOME TAN.

The House to-day disposed of an important CUES
ton on the income tax. 1t was fixed at the rate OF
per cent. with $1,000 exempted from the income,
and the inquisitoria feature of the present lazy
abolished. On direct vote to abolish this tax al
together there were but SO votes i'll favor OF 1t anu
125 against it.
TAXING U. S. BONDS
An animated debate took place on Friday in the
House upon the proposition to tax United States
bonds 1t was shown that England had repeatedly
taxed her securities and consols and that resou-
ton had not long ago passed our House OF Rep
resentatives taxing our bonds ten per cent. Not
withstanding this showing, Mr.. Schenck flew into
vrtuOus Indignation, and ntimaing that the advO-
Gates of the proposition were regulators. AS
Gen. Butler had advocated it he took umbrage at
the appellation, and argued to show that the pro-
posed amendment could not be construed as repu-
dating our Indebtedness, but only sought to enforce
the payment of tax already assessed in another
form. Several members on both sides of the House
supported the amendment in warm debate. Up
on the vote being taken, it appeared that all the
Democrats and about thirty Of the Republicans, in
Guiding Gen. Butler, Gen. Logan and Mr.. Allison,
favored the amendment which was lost by Il ma
joTity of about forty votes.
Red Cloud and his band arrived in Washington
Wednesday completely fatigued by their long
| journey, and were visited by Col Downing, chief
of the Cherokees, who made Il speech to Red Cloud
extending the Inequalities of the Cherokee delega-
ton to the party while they remain in the city.
Red Cloud is stocal and indifferent to everything
tiers in the same hotel with Spotted Tail and his
associates and on the floor, there has been
meeting between the chiefs.
| Spotted Tail brought his party to the Indian
office, to-day, and had talk with the Commissioner
He said his people were poor and wanted some
thing done for their relief. They also wanted to be
| removed to the White Earth reservation, and to
have the privilege of spreading out and hunting
| buffalo Commissioner Parker made Il speech
| impressing upon the red men the greatness and
power of the United States, and reminding them
that the President has to take of both whites
and Indians and is anxious to have all at peace
1t at last proves to be true that the Ways and
Means Committee have agreed on Funding bill.
1t is virtual substitute for the Senate bill and
will probably be reported to the House on Tuesday
next. Members of the committee keep its details
very secret, but it is definitely learned that the
compulsory section Of the Senate bill Is omitted
| and the banks are not compelled to make an eX.
change of bond. The bond agreed on is a long
four per cent. gold bond. Secretary Boutwell,,
who knows pretty well what the committee have
done, does not approve of the leading features OF
the new bill. He is not without hope, however,
that out of the disagreement of the two houses on
/ this measure, he will yet get from Conference
Committee bill that will be acceptable to him.
THE sHIPBUILDING INTEREST.
Mr.. John Roche, proprietor Of the Morgan Iron
Works. in New York, who has been here fol
several days working in favor Of the bill for the re-
viva of American tonnage, went home this even
ing. Now that Lynch's bill appears to be out O.
tilc WHY, lOI llls SESSION III lGaSl me friends
American tonnage are looking for some new plan
which will accomplish the object. 1t seems proba-
BILE that another measure besides that introduced
| by Senator Chandler will be brought forward in
the Senate, and that if time allows it Will receive
| favorable attention in the House also. 1t appear.
to be the unanimous opinion of the iron Shipbuild
ers of the country that they cannot construct iron
vessels out of imported materials for a variety Of
| reasons. First because the freight would have to
be added. Second. because such ronplate would
have to be rolled at the mills the exact size and
lay that would be incurred IN consequence of having
to send orders for materials to a country 1900
miles away from home: and fourth. because to
build such vessels of imported material would
necessitae the employment of about three times
| the capital.
a SEVERE AND CACSTIC RETORr.
During the consideration of the Tax BILL vester-
day, the House was quite dsorderly at times and
the Speaker had his hands full. Covode of Penn
sylvanla that model of purity. made some charge,
against his colleague, Judge Woodward that he
had made tariff speeches but voted with the free
traders; that he was a Know Nothing once: that
he was rebel sympathiZer; that he seeded from
his church because his preacher was loyal, and like
pleasant illusions. To this Judge Woodward re-
piled, that 'When select my bographer he must
be man of truth, and therefore my colleague has
no chance to become my biographer. When de-
bate on this floor, debate with gentlemen sent
here by constituencies. | never debate with man
who stole his seat here from an honest man for the
purpose OF selling CadetshipS." Cries of Order =
"order."l Mr. Randall, another of Covode'S colleao
Honest" John, said, go and appoint boy that
never lived in YOUR district and more than one
this know" Cries of ''Ordcr." "orler."l Coyode
tried to get in reply, but was ruled out Of order