The New York herald., 1870-06-02

~
| for washing deiaced stamps, Mr. ScnENcg stated
that II was the intention Of the Committee OF Ways
and Means 10 wipe out the whole system OF spies aud
| iniormels and to allow more moieiIes
/ The section relating to stamps having been
reached Mr. PETERS, trepl OF Me-, moved 10 strike
out OF the paragraph TO bank checx Ks the words
1 'Ahd for any sum exceeding ten dollars drawn upon
any other person or persons, companies or corpora
| tiOns, at sight or on demand"
| Mr.. WELKER, rep.l Of ONO, moved TO increase the
ten dollars TO 500. Agieedto;
Mr.. GRiswoLD demJ Of N. u, moved 10 strike out
1 Alter discussion Mr. Peters amendment was
| agreed to, and the discussion was renewed on Mr..
In The course OF the discussion Mr. SARGENT, ,rep,
OF GAL, stated thar an estimate which he had re.
| celved from the Treasury Department showed that,
under the existing tariif and revenue laws, there
would be received INTO the Treasury next year,
From customs $ls5. .000, 900
From internal taxes. l75,0oO, 600
FROM lauub.
From miscellaneous sources. .....,.... 2s,oOO,OO
Making total Of ACKNOWLEDGEMENTS. $685. 600 600
| The estimated expenditures were s29l 600 900,
days aro he had Introduced propcsiticn to reduce
the customs ten cent and the internal revenue If
teen per cent to take or the income tax and abolish
] all special taxes. This would leave surplus OF
$ 900 per year; and he had calculated that that
sam. used as sinking fund, would In thirty.four
plus adding the SIX per cent once not twice year.
AT the close OF the discussion the vote was taken
by tellers on Mr. Ggtswods motion to strike out the
| paragraph, and The vote was yeas 65. nays 70.
| The yeas and nays were demanded and ordered.
aa S Ssas ~ ys Is as ne
"Bank check, draft or order for the payment OF any
sum Of inoney whatsoever, drawn upon any bank,
MIR. HOLMAN (dem.) OF Ind, moved TO strike out
section twenty, containing schedule D, relating TO
stamps. After discussion the previous questio was
| seconded on the sec ion. Mr. uolnlans motion was
| reJected-yeas G5 nays 112.
gia House tnen passed TO the succeeding sections.
| Sections Fl and 22 were transposed
| On motion or Mr.. PETERS an additional section
gam rtybf
snall exist for persons charged with violation Of this
Ihe House having reached schedule G, as to stamps
Mr. sroU0aroN, rep.) of Mich, moved to strike out
the paragraph requiring one cent stamp on boxes or
| matches. Agreed to by yeas 81, nays IA.
Mr. KELLEY, irep.l OF Pa, moved to reconsider the
wo o he e wS %S @ 3
MIR. scnsscK added that the match manurac urers
| had begged the Committee on Ways and Means TO
keep ON the tax because they had,been able SO to
systematize their work by doing 1t in q Wholesale
way that they had brought down the price OF
| matches and made satisfactory profit
wh tnsg he nouga. the price Of matches woad rise
| MIR. ScHENCK had not doubt OF IT, because the
business would then be carried on here and there in
| small way and be taken from the large syS
Mr.. INGERsoLL would ike TO know then whether,
i the tax were doubled they might not get matches
| Mr. soHENok said that II his lrreprossibe friend
INJECT hs speeches into those q OILERS, Who did MOI
| desire them, he would remind him OF the reponsi
bility which the majority Of the House was taking
in striking Off this taS which was oppressive
one and which the manufacturers themselves dc
Mr. RANDALL tiem) OF Pa, opposed the motion
to reconsider, and stated that the tax most cx
travagant and exorbiiant, gross OF boxes costing
without tax, only thir.y-scven cents, and the tax
| upon that being 81 A.
ArIcr further discuss on the vote was recoasdered
by yeas 81, nays Is, and then the motion 10 strike
out neGatlVnd by yeas So nays "a.
On Ino,i1n OF Mr.. SchEscK the thirty thir' section
Section thirty-iive, In relation to tne income lax
having been reached Mr. MCCARTaY, (rep.) OF n. ~,
moved to strike 1t OUT and argued that 1t was not
cessary to the revenue 10 the strengthening Of the
rational credit. Ine income tax bore upon It's face
tne evidence that II was only Intended for u waS
tax, lis existence being llned TO i've years. There
| was general demand for the removal OF this oD.
noxlous tax, the collection OF whion Was marked
4 y, should be renewed, but left to die natural
leash and to pass away lnlo the past as ali the evils
GSg n q e e e sar %epe easing ing away
stlike it out He admitted that there was IA 6 eat
ontcry against tie income tax, but attributed thit
most influential class lie did not think it possible
thai there was any popular feeling against the tax,
bccau Q ony small proportion OF the peopIe-only
two hundred and seyenty-fye thousand in all-pad
It, lie favored, however, the increase OF the excmp
ton from one thousand i've hundred dollars, as
provided in this bill 10 two thousand dollars. This
would conlne IL TO Only about one hundred thousand
persons oi me cass who could AFFORD to pay it.
Tue could not spare IL. Every dollar taken
or the rich by the removal OF this tax would have
to be imposed upon the poor. lie believed that This
Was the most just and righteous tax mat was I'M
posed and, therefore, he was opposed to abOiisii-
Ing It,
and prOvs ons relating 70 the income tax. The re-
venue nis year, he said, would be in the neiglbor-
fgr the next fiscal year were $3.50 0)o,oJj. He mad
come to this Congress with the conviction that the
revenue might safely be reduced seyenly mlions
anl he believed now that they might safely ONT
! taxes producing one hundred millions Without
| anecting The national ere lit.
| Mr. RANDALL-WAy don't you do it2
Mr KELLEY replied tbat he hal favored and stil
| favored the reduction OF taxes. His constituent
asked to be relieved ffon the income tax and rom
the attendant inqasitorIa investigation into their
| business, on which many had realized q loss tnis
| sea-.
| were certainly two things Which the people were
unanllnous-iirst. that there should be reduction
oil taxation, ana seccpd, that there should be re
duction OF onlcers. The income tax was certainly,
In theory one OF the fartsr OF taxes, Tut the ili-
Gully OF 1t was tnat only the honest ana consclen.
tlous paid 1t and the rogues evaded It. There
fore the country demanded the abolition Of this tax
and 1t must be abolished or else the places that now
| know them would know most OF them no more for
| ri. Cox-Amen
| Mr.. RANDALL-Heaven speed the day!
Mr.. BUTLER continued his argument, and advo-
Gated measure which he had proposelsone weeks
| since-to abolish the income tax and put tax OF
| five per cent on invested capital.
Mr.. Cox favored the motion to strike out all rcla-
ing to the income tax. lie believed 1t was for the
| fairly and kindly collected, AMI not In manner 60
make the whole tariff and revenue laws of the
| country OdiOus. He believed that two hundred aud
fifty million dollars was enough revenue to raise
| from all sources. He charged that the object OF Mr..
Kelley In opposing this and other revenue taxes was
to render necessary larger tarr rates. He opposed
| ali systems OF taxation 70 collect more than two
hundred and lfty million dollars year; all outside
| OF that was for mere jobbery and cheating.
Mr.. DAVIS, (rep.) Of N. Y, proposed to state three
| reasons why the income tax should not be re-
| taned:-First t was war tax and could not be
continued without breach OF good faith; for Con-
gress, In imposing It, had solemnly declared that 1t
| should continue until 1870. and no longer He re-
ferred to the English Parliamentary precedent on
that question, quoting the abstract OF the debate
from Alison, the historian and commencing thar
| precedent as both an authority and an example.
/! The five minutes expired before the other points
| could be stated.
Mr.. Cox moved to reduce the rate from five to three
| percent.
On division there were 72 voting for and "A
| AGAINST Il.