New-York tribune., 1875-02-13

receipts and expenditures o. the Government, and com
mented the fact thar. rotwi hsIanolng Tue ,
ment caused by the proposition TO Increase TAXATION Tue
receipts for the first OF the current month were
100000 less than the corresponding zen gays oi s.
year He had together the receipts Oh tne Seven
months OF the current fiscal year with reasonable est-
for the next ve months and the Ees9s ede
Internal Revsnne. loo S9o999 909
bsoelaneous. ''''''''''''''
Total receipts for the 2oOoOoo
Referring 10 other possible means OF taxation than
those embraced the bill, ne spoke OF the income a1
odous and unequal tax; but said tna. even 80 q ~
not Objectionable on tnat GROUND, u was IN
tianable would require very large lncrease ~
the number or officials, and because ~ eoua no' IT,
made available until the end OF the next nsca' ye re
believed with the Commissioner OF Internal Revenue;
that a tax OF 81 a gallon could be collected on Istleu
spirits, and il there was no article on wen "a Sso
could De moro properly collected. Complaint nau
been made that the bill proposed 10 TAX .s ,se
stock on hand He had voted Tor the
PROPOSITION because he not willing thae LEGISLATION
should DE made by indrecton. the Instrument OF
speculation Besides that II the tax was TO Dc maae
hand must be taxed As 70 the Increase OF the tax on
tobacco, he referred TO statements made oelore tue
OF tobacco affected by the rates or taxaOn'
and that the consumers twho paid the TAX never com
tobacco would 20 hundred times further than the same
amount Of any other article or luxury In reearu 70
sugar he argued that that article could also pear tne
increase Of tax and as TO the restoration OF INC zen ~
manufactured goods. he argued tha hat reuuc
had not increased Importation aud Dad not pac
ularly augmented the revenue: ., A..
unpaid, and that II that was repudaton they msn. @
make most OF It, he said that be (Mr hoOertsl was
not wllnng tC leaVe Tue atmy VI ' ~ - ,ha nation
He not willing to leave the credltors Oh tne nto @
go without their pay. He was not Wiling tnsl any
pledge OF the Government should ee dlshonoreu tne
House had notice from the other side that was "ng
leave the Treasury empty, 0ut the majority OF IHe
House could not afford 20 leave the Treasury empty he
therefore the House 10 stand faithful 10 ts solemn
pledges that tne Government shall not DC eI6
naked the face OF its enemies that as great parry
Of power In this House u may AT eass say Ia'
one OF It's 70 protect the honor OF tne Ia
ton and true to law, 10 fatD, and to honor
Mr. KELLEY (Rep, PENN also memOer VI tne
Commiitee OF ways and Means, opposed the bill, and
said that the attempt TO impose war tax at TINS tune
lll.udged and lDopportune ana WOuld IaII Oh ls
intent He predicted tnat II the bill becomes law it
would depete the revenues instead OF repienishihx
them. ana that the Administration would meet tne
XLIVth Congress with demand for Increased
taxation to supply deficiencies Ihe iallng on Oh
In the revenues demonstrated the poverty OF
the people, wno did not contribute TO the treasury
because they could not supply their wants Ihey were
not able consume dutlahe or taxaDe cOtnmodlues,
because Congress had Oy s legislation parayZeu helr
productive powers. prosperous people not only sup
pied their wants but grated their desires But peo-
Die suffering as the lbOrug people OF this country were
not only gratfy their desires, but were unaDe
10 provide themselves with the necessarles OF ne Mil
lions OF working people III this country were now living
enforced iGleness and want. Hence IL was LhaS
the revenues of the country declined. They had
not declined by OF the thrift and econ
omy so gOwngiY depicted by the gentleman rom
New York MIR Roberts). He reminded the Chairman
MIR Dawes OF the first application OF Hugh McCulochs
patent tOurnquet when he was the treasury
nd hen he issued his edct in favor Of specie resump
ton and no Congress- Yielding his wishes, permit
red the contraction OF SO0OO OF the greenoscK cur
rencv and how Mr.. McCulocn industriousY converted
those that temporary IN character, the
Interest ON which payable in paper and which were
had nv the American people, into goldDearing bonds
for exDortattOn BY the time that the next Congress
had met that tOurniquet had produced lts paralysis
aud from every State OF the UniOn naa eIno vi lie
were then idle as they are now. But Tue iaoorhs
people made themselves heard aud tne contraction was
suspended The then Secretary OF the treasury leaving
that high position became junior partner IN the Lon,
don banking house OF Jay Cooke McCulioch Co., ana
ofnf fba IN 10 NJ ne
the proud head OF great London banking house, while
the poor working people of the country were In want
indnstrious wOrkingmen in Philadelphia begged
the privilege OF passing the winter IN the House OF
Correction rather than starve or steal But the answer
was made: Look at our bOnds look at our national
credit was ever nation able TO come out OF long war
ana put its bonds premium so speedilyf Ihat was
no TO him, ana was no answer 70 the pour msp
Who saw their little homesteads pass under the sherifs
bammtr a foreclosure or mortgage. IL was no
answer the worthy people VINO had IVed unuer tne
poble OF Independence In view or ther aDllty
and will to labor, Out who now found themselves
forced TO rely upon their negnoors and to eat the bitter
bread OF charity, -, -, . ..,,
He would have glad 10 IL gradually appreciate
But wneu he IL done ID order 10 fatten Che DOnd
and brokers nc tile expense OF ms constituents,
he be gged his fellow members Of the Republican party
order halt and 70 reverse SOME OF tneI s.aAes;
The best investments IN tae noney Ot b
and the continent were American goid-Oeafng oonds,
and the only safe investment for cautious capass IN
mis- country IN these same bonds: 5uch
nigh relative value had been impaired 10 god thst the
money OF the country was all running into goldOearlng
bonds. mills, fOrges, Iurnaces, IdCIorles
mines when brought to auction in default OF ability 10
meet the interest mortgages. were bought a. nominal
nrices bv those control the gold ana bond market
De inplOred the Republican side OF tue EOuse 10 READ
tne anneutic story Of the suffengs inflicted on the
lower and middle classes OF England the act OF 1872
nndrr winch some the finest estates IN England had
been sold so below the mortgages tnat the unhappy
sufferers had apply to Parliament 70 relieve them
MIR TOWNSEND Qep. Penn) asked his colleague now
ne nrouO,ed 10 meet tue deficiency.
Mr KELLEY replied that he did not see any de-
hcIcucy. - -, -..L..
from the gentleman's speech his Mr. keueys policy
was TO Garry the Government by aDolshlng all taxes
ana Dy paying current expenses Dy the issue OF new
loans.
Mr. KELLEY retorted that the Chairman OF the Com
mttee on aud Means might, IN his O0tuseness un-
derstand him to have made that argument; put not
man IN the gallery (pOntng To gallery crowded Win
ueYroes) 40 understood nlm. Laughter
Mr DAWES acknowledged tnat Mr.. Kelley's argu-
ment mad not addressed TO the House. put 10 the
IIllerirs; but ne that his friend could so
mistake the general intelligence OF the people as 10 sup
nose that the galleries could DO persuaded tnat tne
Government could pay Its obligations Dy Issuing more
OF them. --. 4.
Mr. KELLEY remarked that he had not proposed TO
repea tax or duty. All that he asked was tnat the
House should the hurried work or contraction,
which was dsmning the industrious aO0rlng classes
10 want: Jnat Congress should have some sympathy
and consideration for the producing classes and not De-
stow ali OF 1t ON the pond anu bullion brokers VINO dealt
IN the National credit. .,. -,
The Committee rose and the House went into Com
mIItee Of the Whole on the private calendar'
The House al 81 adjourned