The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-05-17

quotalloEs Vi the Jay united states BB, 1881,
coupons 1l7t; 1928, I2s; as, iii, new 11dh RS
ll43; Ss, ,u4; lo-4o's, los. Southern Securities
open frmer; South Carolinas steady during the
afternoon; others dnll but closing frmer. Ten
nessees, eof; new, 56t Virginia e's, 90; new, 90
Louisiana's, ISL; new, 793. Levee s's, 73; s,s,
ssb. Alabama s's. 1o1. Georgia s's, SITS, s5
North Caroiipas, 40; new, off, South Carolinas,
%; new, sst rIEE s-
LATEST FROM WASHINGTON.
Special kilograms to the Dispatch.
WASHINGTON, D. c., May 16, 1870.
The Tax Bill.
In reporting the tax bill to-day in the
House, Mr.. Schenck announced that he did
not expect to present at present the general
bill to reduce internal taxes, but the COM
mittec had divided the work into parts Zone
of which they now introduced) for reducing
internal taxes, except on fermented and
distilled spirits, tobacco and cigars; and
second bill also introduced relative to
general laws governing the collection of
the revenue. The whole amount of
tax taken off by the bill is s33, 1855, ZIG, and
the committee regarded the taxes taken of
as of the most burdensome and onerous
character. The income tax was changed 80
as to exempt 81 800, the publication of in
come returns prohibited, and no one having
less than 81 800 income to be required to
make return. Stamps are not required on
small receipts, nor on agreements or
contracts. Mr. Schenck made the import
ant announcement that he did not expect
the tariff bill to become law this session,
but only hoped to have it passed through
the House and be in the hands of the
Senate for action by that body at the com.
mencement of the December session; and
he asked that resolution be adopted with
view to terminating debate on the tariff
| that all discussion end at a given time on
the whole bill save the lust paragraph. =.
The House rejected his proposition, but
upon his suggestion adopted rule that
debate should he had upon each subject in
general, and not upon separate sentences
and paragraphs as before, thus saving III
terminable divisions and votes Oh petty
questions.
The tax bill was ordered to be printed
and recommitted, with power to report al
any time, thus giving it precedence over al
other pending matter. ...
The Fifteenth Amendment.
The discussion in the Senate to-day upon
the bill to enforce the fifteenth amendment
was exceedingly interesting. Senator Thur
man ridiculed the measure, and then dis.
sected and cut it all to pieces. He proceed
ed to show that if the amendment is a part
| of the Constitution there is no necessity for
this law-no State is resisting it. The bill
provides for the payment of $500
| to misunderstanding an inducement te
commit perjury. He said if this bill be-
comes law this country is forever lost.
| Senator Morton followed in another O
his bloody speeches, in which he announced
that there was no forgiveness for rebels
Mr.. Ferry denounced the sentiments ut
tered by Morton as unchristian, illiberal
| and unwise, and proceeded to show tha
prescription in the South would lead tt
bad results, and ALLEVIATE even well-dlsposed
citizens. .,r..
Republican Caucus.
The Joint caucus of the Republican mem
bers of the two Houses met this evening in
the hall of the House to take steps to re
organize the work of the party and the ap
| pointment of q new congressional nationa
committee. Senator Halnlin was called tt
the chair, and Representatives Ferry ant
Cessna were appointed secretaries. 1t was
decided that each State delegation should
select its own member of the national com
mittee within week. A subsequent caucu!
for the election of permanent officers vii
be held. There was an unusually large at
tendance of senators and members.
Dedication of the Stanton Monument
| At the dedication of the Stanton monu
ment at the Schutzen Park to-day Genera
Grant and the members Of his Cabinet ant
other distinguished persons were present
A salute was fired, and the band played
&c Hail to the Chief" on the appearance O
the President. .-.a... ,..t - -. "a.
! The ceremonies Of laying the corner stone
were conducted by the Masonic Order, ant
Senator Schurz delivered an address in Ger
man. - RI y ... ,'.1' -. - WALLACE. {.
| Associated Press kilograms. :: Z .sa. y =.
"a# Congressional. 49, -. ~
WASHINGTON, May -Senate.--Bil
| granting public lands in Alabama to TIT
Decatur and Aberdeen railroad was passed
The main feature Of the House proceed
| ings to-day was the postponement Of the
| tariff bill until after the passage of all appro
priation bills, which Is equivalent to an In
definite postponement. ,gg.,
| A report was presented from the Ways
and Means Committee Of a partial interna
revenue bill, repeating most of the special
taxes, taxes on gross sales, except as to Ii
| uuor and tobacco manufacturers and deal
ers, and contract and receipt stamps, ant
continuing the income tax at five per cent.
the exemption being raised to 81 800.
The billreported from the Judiciary Com
| mittee to protect the colored population ii
the exercise of the right of suffrage wa
passed. It provides pains and penalties
/ against any State officers or individual citi
gems who attempt to prevent the exercis,
Of that right. .,ts. $685.
/ The usualnumber of bills were presented
and referred.
The internal tax bill will come up for &C
ton early next week. 1t reduces taxation
by thirty three millions. Z.
House.-Bills were introduced grantins
lands to the New York and Norfoik(!) rail
| road for the Improvement of the Tombig