The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-04
The War on the President
and His Cabinet.
ANXIETY OF REPUBLICAN SENATORS.
Suggestions of Peace and Preparations
for an Attack.
THE REVISION OF THE REVENUE LAWS.
FROM OUR SPECIAL CORRESPONDENT.

WASHINGTON, Jan. 8, 1875.
THE WAR ON THE OBSERVATION-DISCLOSURES
IN THE INTEREST OF PEACE.
Most OF tue republican Senators who hero do
not disguise among their friends that they the
reassembling OF Congress with anxiety. With
row majority-which the illness OF Senator Patter
son threatens to cut down still more-nany Of them
are averse to disputes within tho party 1t seems to
be tho general opinion them that tho President
will not give way to tho demands made upon him.
They lear that in case oil Senator Pattersou's death
they may lose control OF the senate entirely by tho
detection o! or two republicans. IL has been
suggested by several friends OF senator king who
are anxious not 10 pro!ong the dead lock, that Col
Isctor Arthur and Naval Onlcer Cornell, having been
sustained by the Senate vctc should now resign and
thus prevent further embarras sment that they could
now withdraw with honor aud that TO do so would DO
a servceabe nc, to the party. II is not, however
known that this suggestion meets with Mr. Conk-
lings approval
THE NEW TARIFF AND INTERNAL REVENUE
BILLS OBJECTS SOUGHT TO BE ACCOM-.
PLIsHED.
The new Tariff and Internal Revenue bills, which
have been the hands OF two suhcommitteos Of the
Ways and Means, nearly ready to be reported TO
the committee, by which they Will be carefully
and OF Mr.. Wood its chairman, 10 present to tho
House entirely new tax scheme. In which all the
parts shall be harmonious with each other and
by which tho burdens ncedlessly laid
upon our industries snail be relieved. The
committee have taken tho Official estimates Of
revenue required for all purposes by the government
and propose to lay customs duties and internal taxes
in such manner that, while these shall certainly
yield the required revenue, they shall interfere as
little as possible with our home industries. A large
Of duties which only yield very little rev.
onue, but greatly increase the cost Of many our
most mportant manufactures. will DO struck of tho
list and It Is thus hoped and intended that American
manufacturers shall be enabled to cheaper produc-
ton without decreasing wages, aud to compete on
more favorable forms than at present with oso
OF England, Germany and France foreign markets
The majority OF the committee persuaded that 10
relieve the present long continued sagnaon OF
OF industries wo must take energetic measures to
revive and extend our foreign commerce. TO sell
surplus products abroad, ana they aim in their
scheme at real encouragement TO home in
dustry by relieving Of all needless bur.
dens and interference growing out OF and
uuproductive taxes II IL their belief that this
change will bein tho interest operatives luborers
generally. because production will thus be chcapened
without lowering tho wages OF labor. In the new
ingIy be very largely diminished, and tho manner OF
collecting duties viii be greatly simpled OF tho
duties being made specific II is believed that under
the system devised the frauds the government,
through undervauation and In other ways will be
completely stepped that handsome gain to tho rev
cnuc will accrue from this source alone, whio honest
importers WILL OF course, be also the gamers by pro.
lection from Illegal and very damaging composition.
The new bill to raise the revenues will he brought
into the House probably before about tho 1st OF
February. pretty careful poll OF tho House loads
to the belief that the bill as 1t comes from tho COM
mittee will pass. Tho committee viii represent to
the House that the bill ought TO be accepted a
whole, recommitted for change by the committee,
It's unity and harmony and consequently n large
extent ito usefulness would be destroyed by random
aad unconsidcrod alterations IN Committee OF the
Whole, such rs havc been heretofore made almost
every tariff and bill under tho pressure OF SPECIAL
interests, seeking selfish advantages