The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-04-01
THE SENATE TAX BILL.

Congress is = aluddis-TaNrs sot Likely TO
be Reduced this se-.ioa-BowsvvciI, sbcr-
MAN and Dawcs-A Legislative shafilc-
cock.
wAsHfSoroS, March ~. 1871.
Congress 10 In mudde. and quite likely To al
journ without reducing the taxes To the amount Of
q single dollar. secretary Boutwell, Is OF course de.
lighted; for while he proposes To favor iucton
OF about thirty millions. he Is at heart unquesiion-
ably. opposed to any cnangc Ia the existing war
rates. his hobby Is the immediate or
very rapid payment OF the currency
and bonded public debt. regardless or
cost ana consequences. and 10 that end he has
been lobbying about among the committees OF
Congress against . change senator sherman
chairman of Finance Committee. Processes 10 favor
a reduction OF about nifty millions. hu; THINKS the
income tax should be continued. Mr.. Rcprosentive
Dawes. chairman OF the Ways and Means Committee
agrees with Mr. sherman rs 10 amount. bu, thinks
the income tax should be one OF the nrst 10 be
abolished.
Then. on the other hand the most patriotic and
able members OF eotn houses are confident that a
sweeping reduction 81 one hundred millions would
he OF the greatest benefit to the country. and that
afrer making It Inc revenues would be ample Tor all
necessary expenses OF the government. including
OF course, the interest on the publ,c DEBT
II ile secretary OF the Treasury ana the heads OF
the Finance and Ways ana Means Committees do
not agree upon something. there viii be no reduc-
ton tnIs session. or ny TINS Congress. Tie Whole
subject "a likely 10 go over to the rfst session of
the forty-tnird Congress, Which commences eleven
months hence
TnE SENATE TILi-
The combined larin and Internal Revenue bili
that passed the senate on the ntght of the 1s,n
INST. u claimed both a. House and senate
measure.
on tue 10Th Of February last the House passed
i've line act 40. 1857, calitled IAN aCl 10 repeal
existing duties on tea aud eoee,n ana sent u 10 the
senate Tor ~ acuon. After anOu' Fix week. incu-
patton the senate passed, the 2stn Ins. clab-
orae taru a1d iatetnal revenue oil 81 some tNcnty
printed pages. entitleI "An act 10 reduce eNi~Jlng
taxesn and. numbering a i,51, scnt q 20 tue House
n an .amendmenpi 40 the House bill 81 another
utir put ol the sane number. Every provision. ana
even the title 81 the bal. orRinaied IN tne senate
the numDer alone ~ Unchanged.
IMPORTANT phtRpGATfNE.
Now, when W. conssict tEaf ire House always
insists upon ~ uDqge.ilouci uref0gatiyc M or.l-
natInv all revenue bills. n wal be seen tnat tho
senatc's .acs 10 reduce existing ta1es' viii not
stand any cnance Whatever 81 passing tae House.
Even N ID nad merit. whien u mas not, 70 would
stand no chance. IL - scarcely worm Wnile there
fore. TO consider It's provisions.
The House win IA few da1s send - own lax
bin 10 with stil seotaeT iiiic ani pna.
abltv he continued during the pfe-eni tonGle -.
Tue influence OF cycry corrupt ring y turoWu
strongly IA favor Of delay m The redasicn OF taxes.
Win a surplus OF slea 80. DvO IN the Treasury "a
the depositary national Iaak- snd a. nucn more
coming IN every wear there win he no dearth ~
ever ne the bottom OF all the trouDle. bu Tor The
influence oi his patronage th- requrel reiucth.a
would have been made last session anu tne - ndi.
cate anu other siinllsr JOBS avoiuea.