Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-06-23
ESTABLISHED MARCH 80, 1885.
CONGRESSIONAL.
sErATE.

WASHINGTON, June 22.-Mr. Sumnsr,
from the Committee on Foreign Rels.ions,
reported favorably on the bill TO facilitate
telegraphic communication between the
United States and the Bsrmuda Islands;
also, the bill to authorize direct submarine
cable from the United States TO Belgium.
Mr.. Williams reported with an amend
ment the biz relative to unlawful certif-
cation Of checks by tho officers of banks.
Atlantic aad Pacific Railroad.
Mr. Nye called up the bill amending Gn
act granting lands to aid in the construc-
ton Of a railroad and telegraph line from
the States Of Missouri and Arkansas TO the
Pacific coast by Southern route. The
bill is known as the Atlantic and Pacific
Railroad bill, and extends the time for the
construction Of the road, SO the company
may obtain the right-of-way through the
Indian Territory. The bill was discussed
and laid aside. .e-5 -.
Revenue Deduction. @
. Mr.. sherman called up the bin to reduce
internal revenue taxes, etc. Amendments Of
the Senate Committee on Finance were read.
The proposition of the committee to strike
out the first thirty-four sections i'm
posing special taxes agreed to. Mr. Shsr-
man explained to the House that he had pro-
vided for keeping up portion of the spe-
cial tax while the Senats Committee pro-
poses to repeal all of them except on
spirits, tobacco and beer.
The next three sections of the bill in
serted by the committee in lieu Of the part
stricken out we're read. They provide for
the repeal after May l, 1871, of all special
taxes, except those upon brewers distilled
spirits and tobacco; also that the several
taxes on sales be repealed, except such as
now by Law paid by stamps; also repeating
taxes on sales of leaf and manufactured
tobacco, snuff, cigars, foreign and domestic
distilled spirits; also repeating tax en-
articles in schedule and special tax on
boats, barges and flats, on legacies and
SUGGESTIONS, on passports, and on gross re-
ceipts. 8
The three sections were agreed to repeal
ing, after Oct. l, 1870, the stamp tax i'm
posed in schedule B on promissory notes
for a less sum than 500, or in receipt for
any sum Of money, or in payment Of any
debt; and, also, the stamp tax imposed In
schedule @ on canned and preserved fish.
Further that no stamp shall be required
upon the transfer or assignment of
mortgage, except when made upon a sale
thereof, or when transferred as collateral
security; also, that the commission shall
be allowed in the purchase of proprietary
stamps it also allows the removal of Luci.
fer or friction matches, cigar lights and
wax tapers from the place Of manufacture
for foreign expectation without payment
of tax, or atfixing stamps, subject to the
la - af Tnk
nal Revenue.
Mr.. Sherman offered rev section,
which, as amended by Mr.. Sawyer, was
adopted, extending the time within which
stamps may be affixed to instruments of
writing requiring stamps and executed in
the late rebellious States, until June 1,
1872, making the penalty double the
amount of the tax, and in no case less than
five dollars.
Income Tax.
The income tax sections were then dis
cussed.
Mr. Sherman spoke in favor of the rer
tention of tax, and Mr. Oor5ett against the
bill--laid over as unfinished business TO-
Thursday.
Railroads.
In the evening session the Texas Pacific
railroad bill was up as the special business
of the evening, on amendment for land
grant to the Decatur, Aberdeen and Vieks
burg railroad, was rejected after further
discussion, by 90 to Is.
The Kansas Branch Pacific was next
taken up and an amendment was offered
by Mr.. Morrill,, of Vermont, authorizing
that the railroad be built anywhere, in any
State, by anybody, and granting for the
purpose all lands not already taken by
railroads. laughter