The States and Union. [volume] (Ashland, Ohio) 1868-1872, 1870-07-06
wASHING1.oN
From Exchanged
WASHINGTON, June 81, 10.

THE SAN DOMINGO TREATY.
The Senate, by special assignment
had agreed to proceed to day at on,
o'clock to the consideration of the Sac
Domingo Treaty, and when that hour
arrived a motion was made;ts 60 into
Executive session., which was lost by
% to 80. This is considered a pretty
fair test vote, and shows that Sc far
from the treaty being strong enough
to secure a ratification by a two-thirds
vote, which is required, it can not com
mand a majority Of the Senate. The
publicity of the protocol for the an
nexation, wherein the. President prom
ised to use his influence to make it
popular in Congress, has damaged the
prospects of the treaty very consider
ably among Senators and members.
There Is a good deal of inquiry, in AID
ministration quarters, to learn how
this protocol, which, according to its
own terms, was to be kept an inviola
BILE secret for all time, leaked out in
the official investigation. The origin
al is still on file in the State Depart
ment. ta4f 90.
THE INCOME TAX .,5 ~.
WAS abandoned by the Finance Com
mittee to-day, whose Chairman inform
ed the Senate that they had re-adjust-
ed the whole bill, on the basis that
the income tax had been abolished.
To make up for the loss of this tax
the Committee agreed to restore the
tax on the gross receipts and to rein
state the duty or sugar where it is
left by the existing law. rather than
allow the bill to fail. 1t is generally
thought that the House will concur in
this action. The Senate will probably
dispose of the bill tomorrow and re-
turn it to the House. As a general
thing the Senate has added to the APP
preparation bill, but in the case of the
Army bill the Committe has proposed
a reduction of nearly a million of dol
lars from the item fixed by the House
for the pay of the army.
- THE CURRENCY BILL
Was fixed up in a Conference Com
mittee late this afternoon, and the re-
port finally signed. 1t will be present
ed to the House to morrow 1t will
not be acceptable to the Western in
terests as it stands, az the fifty mil
lions of additional bank currency pro-
yided for by the House is struck out,
SO the bill remains as it first came from
the Senate, and as it was amended by
the Banking Committee of the House.
The Senate provision for free banking
a four per cent. gold bond is rttlin-
ed, as well as the twenty-five million
redistribution of the bank currency.
SAN DOMINGO TREATY-REJEcTED.
i, The treaty for the annexation of the
island of San Domingo to the United
States was rejected by the Senate this
afternoon, by a vote of % to %, being
ten less than the required twe-thirds
to secure its ratification. An order
was passed to notify the President of
the refusal of the Senate to consent to
the ratification. The onlydebate that
place was n speech from Senator
Morrill,, Of Vermont, against the trea-
ty, after which the vote was taken.
Intelligence Of the defeat of the
treaty VAS soon communicated to the
President, who Sid that he had been
quite confident of a different result
and was, therefore, disappointed. IL
IS thought that measures will at once
be taken to negotiate a new and more
acceptable treaty s,.a.
st THE FUNDING BILL 4
partially finished IL the House
and the tenor of the discussion
indicated that it will be passed to-
morrow. This bill provides, it will be
remembered, for a four per cent. gold
bond, and for redeemingi the amatured
i've twenties through coin deposits to
be made in the Treasury. An effort
make the new bonds subject to tax
alton was lost by % to 81.
The Senate will probably refuse to
accept this as a substitute for their
own bill, passed in March,, which will
necessitate the reference of the whole
question to a Conference Committee
out of which the Secretary of the
Treasury says he hopes to get a bill he
do something under.
FUNDING BILL PASSED.
The House to-day passed the bill to
and consolidate the National
debt All amendments were voted
and the bill goes to the Senate
about as it came from the Way and
Means Committee. Even if it should
pass, which is by no means probable,
The bill would not amount to much, as
it is entirely discretionary with the
Secretary of the Treasury whether he
will enforce it or not, and. it is very
we'll known hat he. is opposed to it.
The bill provides for the issue of a
thousand millions thirty year four per
cent. coin bonds, exempt from all tax
alton, which the Treasury is author
ized to sell at par for coin, and to ap
ply the proceeds to the redemption of
any f~ve-twenty bonds at their par
or the Secretary may exchange
the new bonds for such fve3twenty
bonds at par. The Secretary is fur
Their authorized, and in this respect is
to use, in his discretion,
any coin that car be conveniently APP
piled to that purpose, to pay par and
cancel any six per cent. United States
bonds which have or may become re
by the terms of their issue.
The remaining feature of the bill au-
thorizes the Secretary to receive Uni
ted States gold coin on deposit for not
less than thirty days, and issue certi-
of deposit at a rate not exceed
ing three per cent. per annum, watch
coin may be Withdrawn at ten days
Not less than twenty-five per
cent. of this deposite in the Treasury
Shall be retained there for the pay
ment of said certificates, AID. the .exa