The Ottawa free trader. [volume] (Ottawa, Ill.) 1843-1916, 1870-07-16
FROM WASHINGTON.
CONGRESS

CONGRESS
Adlourns to-day, though an immense amount
OF work remains undone. Congress, however,
has not dared to adjourn without paying some
attention to the great measures Of finance before
it. The tariff bill was finally worked through,
and on the basis Of revenue for 1862 is said will
reduce taxation about $SO,OOO0OO. The income
tax is fixed at 21s per cent with $4,000 exempt
all special taxes are abolished. on bankers, bro
kers, foreign insurance agents, patent-right deal
ers, pawnbrokers, keepers of hotels, billiard
rooms, bowling alleys, licenses for Cigar aud to-
bacco dealers, etc, In the tariff line the duty on
pig iron is fixed at s. per ton, being 81 less than
the existing law. On Bessemer steel rails, it is
fixed at SOS per ton. On sugar not above No. Z,
the duty is 3; cents per pound above No. z 9
cents per pound above No. 13, 2si cents above
No. 10, 31a cents; and on all refined, loaf, lump,
crushed, powdered, and gran ulatsd sugar, 4 cents
per pound
THE FUNDING BILL
Was modified so as to strike out that section re.
lating to future national banks thus placing the
latter under control of the currency act passed
last week. The bill, which, after all, is merely
discretionary with the secretary of the tire asury
now simply proposes to fund the debt into three
classes of bonds-$2O0, 100000 at per cent. for
10 years; S3OO,OoO,OO0 at A.. per cent for Is
years; Sl,OoO,OO0OOO at per cent. for 30 years
Mr.. Boutwell, was at the capitol to-day, and ex.
pressed his intention to enforce the law.
UNFINISHED BUSINESS.
Among several hundred bills undisposed of on
the speakers table remain the Southern Pacific
railroad bill, the New York and Washingto
Airline railroad bill, the new apportionment
bill, fixing the number OF members of the Forty.
second house, and Others OF less Importance, in.
Guiding half dozen Immigrants, railroad and
steamship schemes
THE RIVER AND HARBoR BILL
On Wednesday the house concurred in the
senate amendment TO the river and hsrbor hill
whereby the appropriation was increased &, 900.
900. 1t now goes to the president. The Louis.
vile and Portland canal gets $3.50 900, the Chi.
cago harbor 100000, and the Illinois river
100000
MRS. LISCoLS TENSION.
There was another fierce debate in the senate
on Tuesday, on granting Mrs. Lincoln pension
OF $1,000 year. The new Iowa senator said it
was sneakiny fraud to place civilian on
pension roll. YATES. Of Illinois. said he did not
care what others nigh: say he knew that Mrs.
Lincoln and all her family -ympathized with the
rebellion throughout II, existence, and he would
not vote dollar for foreign show. Salisbury,
OF Delaware, created great merriment bv pro.
posing that the senators make I'D purse for
Mrs Lincoln ont OF their own poe kets, and raid
he would give as much As Mr.. Sumner. A vote
to table the bill was lost by nine majority, bu,
before II could be passed other business inter.
venei, an! 1t went over
FOREIGN MISSIONS.
The President on Thursday lntimated his in.
tention 10 send in the name Of Mr.. Freliughuy.
sen, o; y j., rs minister - England in place OF
Mr.. Motley. Il l, also understood that the min
lister - Berlin Is 70 bee changed.
The IRE ~ Pontiac, H., on Thursday of last
week. destroyed hire store buildings. the City
Hotel and Old Fellow, hail. The fire wa. ar.
rested ty pulling down 4 barber shop and gro.
Gerry tore The FIRE Wa, the work Of AN incen.
diary Total loss about So, 900