New-York tribune., 1875-02-12

| Mr. GARFIELD (Rep, Ohio inquired whether the ne-
crease had reached bottom, or Whethef 'he icocp'
Mr. DAWES replied that mp to the 10th December the
receipts came very the estimates From that uay
10 the lat of January they had fallen of very seriously
For three days after that they nad %
and had even gone few hundred dollars peyonu 'ne
estimates Then they had begun to fall back ag 50
that there had been falling on since the 1,h Oi , c
cember $50O00O to $i0O10oo, ana YET tue pes.
statement that the Secretary OF the treasury oouu
make in regard TO the receipts Iho reuucton U
expenditures the work OF Congrsss; the reuuctlo %
OF receipts .he work Of Congress put the Worh
of those Influences on trade and business over WHICH
| Congress dld not assume To exercise control
| Mr.. BUTLER (Rep.. Mass) asked MT Dawes whetner
the falling of Was IN customs revenue or ih'eiha ie'
MT. DAWES replied that the falling of in internal
revenue was much less than In customs Inc Iast re-
port showed that tue receipts from 1nternaI
had gone beyond the estimates OF the treasury Depat
men that whatever evidence OF internal prosperS
that TACT supplied the condition Of the country was
more gratifying than IL would otherwise nave Dce o
then proceeded to comment on tue Ia!iure oI tuc
ury department to comply with tho law requiring one
Der cent OF the receipts from customs 10 Oe appeu W
the sinking fund.- that instead OF S7656O5t DeDg a
Piled to IT, there had only s4 OO0Ol2 paid into H.
Mr. NIBLACK Dem., Indl inquired whether the re-
ducon of public debt BY the purchase OF Donds was
| not an equitable compliance with the law. . ,,,,
Mr.. DAWES replied that the law as TO me SINH SINKING
Fund was explicit, that every year so much should DC
paid tnat the construction OF tue law as
suggested would not relieve the Goyenment rom d is
purchased including those charged to tne SINKING 9nd
amounted TO only $52323SOO against sllI5J6O'o winch
| SHOULD have applied to the sinking Fund.
NJ. BECK (Dem., KyJ asked MI Dawes wheVher nc
| had official information 10 that effect o.,
Mr.. DAWES replied that he mad; tnatls from oncia
Mr., BECK intimated that besides the amount men.
toned by Mr. Dawes mad been over SioO00OOoO OF
The public debt redeemed and Cancelled in the shape OF
| , So boUds and three per cent certificates.
Mr.. DAWE5-I mean the reduci0nOi tne OOnueo ueDI
! the reduction of which is 1881 i6ICS7
Mr.. NIBLACK agreed with Mr. Dawes &c.
| Mr. NIBLACK agreed with MI. Dawes that the pur-
chase OF bOuds compliance with the law as to
the sinking fund and that that law had been persist
entity disregarded Until this time and he asked what
| explanation Mr. Dawes could give OF that non,com
n1iance with tle law He himself had been utterly as
how tho faith of the Government had been indirectly
violated ia matter which was regarded W foreigners
| as essential to public faith and honor.
Mr. DAWES stated that Secretary Boutwell, had every
year during his administration set apart for SINKING
| fund every dollar which the law required. Secretary
Richardson had failed to do so, Out had applied the re-
cepts of the Government to meet is current expeha
tures and had called Congress to furnish him with
means to the demands tor the SINKING fund. lie
| went TO say that whatever impaired that SINKING
fund by 81 impaired the faith of the nation at nome
abroad, and the fact that the sinking iund lacked
Two-tbrds OF the amount which should have been pali
into it, had told on the credit or the natoh anu we
| value of its bonds in the markets OF tue wofLa
TO aggregate amount more than was sousnt ~ oo
raised under this bill He did not see where the ex
pendures could be cut down substantially ana t1ete
fore the question before ne House was now eOu'u & to
Government $3OO0OO0 OF increased revenue Win
least deeterOus effect III II Congress ,n naG nS c" tWT
Dir. COX Dem. n. Y.)-Why did not your Committee
| report "A measure to restore that taxi
| Mr. DAWE5-Ihat wound require another consldera-
tion. What would the Government get by restoring
tha taxi Since the rst OF December, when 1t was sug
cescd in the Presidents Message that that duty should
turned its attention the importation OF tea ana u Is
the uniform testimony of all having KNOWLEDGE ol tue
veaT stock OF tea on hand. therefore, to impose tax
of 10 cent, pound tea would be to put ths money in
the pockets OF the importers without any corresponding
Mr. DAWES went on to give statistics to the manu-
facre of whisky, and the stock on hand Ill dlsterles
and bonded 1ha t Eori5tee ON WaVs ana
Means IN regard the taxation of whisky. lie esti-
maIed the Increased revenue which the Government
| would derive from the bill as follows: ..
ToOacco e9yIGGHV9V9
Resoaca Of the 10 per cent on
In a ra ;57,75jOj6 From TINS was 10 be deducted
about 5JOOOO loss oy the repeal Of the tax on matches
leaving a net increase Of Sj5,i3C00 which would just
about the estimated requirements oI the Govern
ment ,, ,.,.. .,uoo,o,o .ou .,o
Uouse TO saw rst whether It will meet that deficit IN
the Treasury secondly whether 1t Will meet it by seek
ing out sources Of revenue as The COMMITTEE on
Ways and Means mas recommended, or whether IL VIII
turn It's attention to some other method OF meeting IT.
ton Tie ability 10 meet its current expenses as wen
a. 70 keep its faith involved in the question: ltmay be
Thar fine Committee Ways ana Means has not selected
thc hest articles which TO impose this increased duty
vii he for The ouse of course pass upon that. II the
Honse makes up mind 10 ada 10 the revenues OF the
necessities Of the Government require, only
remains Tor the House to pass upon the tudg-
ment and wisdom OF the selection made
by by mai decision OF the the House the Committee will
6fr no objection. II the House shall believe that "a
70 be the condition Of that trade) will oe wiser
course than restoration OF tho ten per cent dny on
wanufoctured goods than an addition OF ~ cents "a
aiinn on WHISKY or than an increased duty on i'm
pored sugar 1t will be for the House to take the re-
sponsbillty. But have to say tns' tnaI any attempt
| at general tariff legislation at tIis u.ne
viii be fatal to the object OF the Committee
| ~ WAYS and Means and to the purpose
which 6cheve actuates COngressmen. II you open the
door TO general ta.R legislation by letting III ths ITEM
which bears upon one member, ana i1at ZEN en- "Hcn
heals upon another, and YOU will load TINS bl 70
that il cannot possibly become law at tnis session OF
Congress, and che party n power when Is
for The legislation OF the country which IS responsible
for maintaining the pubic lth WIN he puDhc I[ooitol
which is responsible Tor IufhlshlhR the ineas ~
ON the Government during the next TWO years Dy any
such unwise ana lndiScre,e tanpernS Wta |rta
| the bill, will turn over the Government Into
| fbe hands Of w1O are not resDonsl-
bic in that parcaaF ann me %hH OF or tc Cow
eminent. have 10 say to my pohtica iranas on ths
who do not feel the responsibility OF inegtlnS me
credit any support for this measure Leu he plil Uc
modfed as the House may it, but not 10y any gen
eral tariff details that would make 1t fl to become
law II 1t fails to become law, the gentlemen on he
other side OF the House VIII nave 10 & tne op
and to will be left the decision OF the question
| ment at home and abroad which this side of the
| Uouse by rejecting tins bill, will have failed 10
fSis iO' Side ouOii that the paohc viii hold them
resposble il they fail to furnish the Administration with
NV friends ther side Of the House that u - not wei
for them to provoke that responsibility IN rals-
pague them quite enough for their comfort or Tor
iber success On the passage failure Of TINS bill Will
sh 90 to the cOuitry the 4Jh or March ana ask
fS neoul 10 pass upon their work here with any
recitation OF commendltion. 1 trust therefore, that
Whatever may be thought as 10 the wisdom OF the Dill
now presented. Will be passed by the House IN some
form hch viii bring INTO Treasury s35OOJOJJ addi-
oua revenue. IL meinbes Of this side o the House
ai - do that VIII have failed 20 40 Guly Whch up
| TO this time the Republican party according 10 the
measure ability has substantially discharged.
! Blr WOOD (D3m., n. ~, member OF the COhmitteo
OF WAYS and Means, addressed the House III opposition
TO the bill Among other things he said:
This is proposition TO levy an addl Onal annual tax
upon the Industries OF the country OF over sOOGOJO III
~ not 10 be a temporary levy the alleged emcr-
gencies and OF short duration, 10 cease when the
Emergencies cease, but like Otner exactOus OF "a ike
Character unlimited time, az IDtraTy as 10 terms,
| "A IN