, 1875-02-12


ava, ,1D0.
lta ,nn.!e a statement Of comparative reccipta
sui eSpensca OF tho Government eiaca 1ts0, 10
failaws:
R.>cpt,. ''ts<a*'' tars".
1SID y - op,.' ".coI
,,*-.-ts.*t.l 1,tat"H 49, r"n
1s73,... a;4'MMLoei 9I,'%nW,"on %
lHt3.. I1"tGpatnl G.'mn ~
ls'd.... - 4o.'ono.e'' -lt'".
1i15 rccci;i!a ;,r llIo Ira: Feyeu months Of tho
lnat tl1cas yrnr waro s1Gs 000,07o md for tho
eorreapondins Fcyen ,nomt1s O. shs a ;9 Eenr 1t5-
Sir. Garfield fOhio) inquired whether tho DE-
crenee lad rcact,Ed tho bottom, or whether tl1o
toeetA wose still fall'n: behind.
alr. ,Dasea replied that M to tho :ptl1 OF
uecen,her tho rccaipta catnasEoey near tho cst1-
,,a.ss From TINT dav to tho lat Of January
they had fallen otf very seriously. For three or
four ,]nfs aftar tha. thcT hal secnrcrstet, snd
had aya,, goun a fow hundred dolats beyond tho
fstsass sa sn 2s 10 a hey Aaa aers I'sn Ind Dee ee
a.fulliug oir eincn tho Goth Of Dccombcr Of frn1n
81, doc to 91,uouou2, and yet tho hest ttato-
mpnt il,at tho Secretary Of the Treasury co;lM
make waA In REGARD to tho rece,pts. Tue rcduc-
thu Of expenditures Haa tho work Of Congress.
lilo reduction Of tho receipts "as not tho work
Of Congress, Int uf those Influences on tr::!o
aul ko:iucsB over WllI"h Cougreaa did not as-
altne tn exercise control.
thu falling CT waN iii cs'stoB revenue Or loter-
Aaf revenue.
ill., DIVES replied THAT tho falling OH in inter
nsl revenue wa. nsHcts lcHs than IN cAesonih. THO
la.t rrort sllawcd TINT tIia receipts from Internal
reycnno lad Ecno beyond t1Ao esti,nnteH Of tho
Treasury DBInrtnlent 10 thai Whatever evidence
Of lnteria prosperity that fact supplied the colt
tl1tioH Of the country VIA moro grattfyin: than it
would othorwlse have been.
TIL: SINKING FrSD.
1Ia then rroceedc;t to comment on the failure
Of tbs Treasury Department to comply With tho
law requiring l pos cent Of the teof'nts from
eustouiH to DO np2hca 70 tho sinknR mud 80
that instend Of Sil7 765G,r5G being applied to it
taprs had onl. boon s1il. .ooo. .oc3 raid i,.to Il.
:r. Niblael inquired sl1cther tho lesI'aesinn OF
The debt by Tho purchase Of bnnas "as not I'll
equitable compliance Will lho law.
3Ir. Dawes replied that tho law aa to tEa s1n!i-
ing fn1,d was explicit, TINT orery year 30 much
should be paid, but that oTen tho construction
OF lar as ruSEcatcd would not relieve tho ttos-
ornmont frpn, its obligations to the sinking
fund, becal,ae ala tho bonds purchased, inclndl1'
thono charged to the sinking fund, amounted 10
auly ta29 aa.t1 6ao against t3417 $50 ,15G. Which
shuuJd have been appied to tho sinking fluid. :,
Nfr. Deck asl;od Mr. Dawes whether ha Lad
Official Information to that elIec:.
Mr.. Dawes replied that ho had; that Ia, from
official Aources.
alr, nacis intimated tbat besides tho su,ount
mentioned by alr. Dawos. tAcre had been over
t4UU O0U, 600 Of the public lohl redeemed nnL
&*HtNt1A - -A1S NH""GS "A NV NefAAH ANe- " FS-
cent certificates.
Mr. Daucs-I mean tho reduolion Of the bond-
cd debt. the ontlre reduction Of which il a3si.-
ill., NibIack agreed with Mr. Dawes that the
| purehaEo pf bombs was M compliance Win tho
! law Us 10 tue Blnkins-fAnl. Aud that tho
law hsd been persinteutly diartSarded until
thlH time, and no asked What explanation Ill.
Daw could giSe 0f that noncompliance with
tho Law. lie hln,scsf had been utterly asssun''-
cd wheu he had come to look tnto it and to SOC
how the faith OF tho Government lad been tn-
directly violated in n matter which was regarded
BY foresgners as essential to the public faith aud
honor.
hlr. Dawes stated that Secretary Boutwell, had
esary year dNluS hiH administration htt apart
| tor tho slnhlng fluid cyory dollar which Thu
| TO do 80, but had applied the receipts
of tlle Government to meet Its curlont cSpend-
itnrcs, ard lad callod GU Congress- to furnish
him with the means to 1ncot tie demands for ths
IMPAIRED tho elnl1ing fund ny one dollar, i'm.
paired, tho, fattl, OF tho nation At honas and
abroad, aud tho fact that tic SINKING fund lac1ed
two-thiI..s ot tho amount Which should llayo
been paid INTO 1t. had told on thu credit of tho
nasol, aud tho value Of ita bonds iu tho
markets Of tho world to an aggregate
amount more than waH sought to be ra,sed
uudur this bill. lIo aid tot SEQ wi1oro
| tie expenditures could DO cut down substantial
III and. therefore. the question before tho to,lao
was, How could the Gofetnnlent raiHa s''l, ,10U,
00u Of increased sovouue with tho least destsrl-
Gus a1oet,f
TIE TEA AND COFFEE TAX.
II Congress- had not, two OF Three years ago,
abolished the duty On ten and coltoe, thara
would DO now no necessity for this measure.
Ms Cox-Whf did not your Committee report
AMearure 10 restore that tax?
Mr. Dawos-Tlas wuu!d Ieluiso another COLI
eldoiator. What would tbs tloYulnment get by
restoring tho tax since tho 1st Of pooembcr
Whom it "Rs. suggested in tho lfca':
be restored, the entiro tea-tsalo OF tie country
had tufnad IT'S attention to thu importation oi
tea, aud il IL ths uniform TESTIMONY 0f all laY-
lug kno" ledge Of The tariH, that there IL In ta
country to-day more than years. ttock OF tea
Oh band; therefore, to impose duty Of Ii
centB per pound on lea would bo to put money
In tue pocket. Of tho importers, without nuy cor.
responding advantage to tho Government.
| WHISKY.
Mr. Dawes went Gu to Elvo statistics IL to the
manufacture Of whisky, and Btosk On hand IN
fond aud advocate tho recommendation of the
Committee OF WAYS mud Mcapa III regard to tic
tsxat!ou On whisky.
| EBCtMATEq.
He estimated tie increased roycnue whtch
tho doforunent would 1cl!ye from tho bilt as
follows,
&la.d!0,VH
ana s''-''''''.-'..''. A'ueotgaI
lsstorat:oa II 10 nur cont on manusciur
- eoA. ''*'.'..s. .'.-'''''s.''..'.' "'opo'9a
In oil about 917. .850, ,00Q. Fyotn thia ues tu Ia
dot.uced about 81 $4,000 10ss BY tllo repeal ii
| ti!e taf On matches, leaving q 1Itt lnefeRsu 0l
| $50, a3t ,UQo Which Wuutt juat about meet tho
estimated requirements Of tho Goyeru,nctlt.