The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-22
WASHINGTON.
A Bill to Inaict the Public
Debt on Postsrity
DEMANDS OF MANUFACTURERS.
Senator Butler in Opposition to
demonstration.
SENTIMENT OF THE SOUTHERN PEOPLE.
Entertaining Financial Bills in
the House.
FROM OUR SPECIAL CORRESPONDENT
SENTIMENT OF THE SOUTHERN PEOPLE.
Entertaining Financial Bills in
the House.
FROM. OUR SPECIAL CORRESPONDENT.

WAshinGToS, Juus ~ 1910:
SENATOR BEcx's PROPOSITION TO STOP THE
CANCELLATIONS OF THE PUBLIC DEDr-How
TAXES NAY BE REDUCED THEEEBY-coM-
rLAINTs Oh TOBACCO AND CIGAR MANUFAc-
runERs.
Senator Book presented q resolution IN the Senate
ordering the Secretary Of the Treasury 10 stop the
cancellation Of the debt which goes under the
name Of the sinking fund, In view, as tho preamble
Of his resolution reces Of the depressed condition
Of industry. IL this resolution should pass it would
save $37, 100000 In taxes and the argument
for II is that according TO the last treasury
report, tho debt has been reduced since II
reached its highest point 10 1865 by the amount OF
$685. 600 000 whereas the forms Of tho Sinking Fund
act have authorized and pledged It's reduction TO the
amount OF only $4,000. 900. showing that over
SEQ 0o0, 900 have been paid than the law pro-
vided pledged that the nation has therefore paid
much faster than It's promises obliged IL TO- and being
a. this time poor may honorably rest for awhile.
Ono object Of sMr. Beck is to secure considerable
reduction and simpliHcation OF the tobacco and
whiskey tnxes WHOM no says can be
done If $37, 00c00 formally due the sinking
fund knocked on, and which he says is required.
because tho present high taxes and the high bonds
qu4red Of manufacturers disable OF small capital
and throw those branches OF manufacture entirely into
the bands OF a comparatively lew large capitalists,
who able, no asserts, to control tho market,
psciay Of raw tobacco, and keep the price down. to
the injury OF tho tobacco planters.
complaint Of the same kind comes TO Congress
from the cgarmakcrs. who wish change in the man.
ner Of stamping cigar boxes They say that the pros
cDt method by which ssoh box Of cigars is enclosed
In revenue stamp, not only enables frauds 10 be CON-
mted on the revenue, cigar dealers being able II they
wish to oil their empty boxes with unstamped cigars.
but that the heavy bonds required Of manufacturers
disable OF little capital from working indepcnd.
entity and force them TO become hired laborsrs for
wealthy mnnufacturcrs who alone can give the re-
qniRed bonds. They propose, therefore,, that each
domestic cigar shall be wrapped in a small rovonue
stamp, to DO called coupon; that 100 cou-
pons shall be issued. together with a reve
nue. stamp for the box. this and tho cou.
pons bearing tho Same number conspiouously
printed, ma that these stamps and coupons shall be
sold in small quantities. By tho government agent TO
I'll cigarnakers who shall register ana and ad.
dress ~ith him wishn his district. They urre that
IN this way revenue frauds will be more dicuIt than
now; thstthe nav mcthed will be more economical
than the present ono, as cigar boxes again
by having new stamp pasted over the old correspond
ing tho coupons that the cost Of FASTING tho
coupons cigars will DO less than thirty cents Der
thousand. and that, while the government requires
penny stamp be put every penny box OF matches
II should not hesitate to allow each three, five or
ten cent cigar also TO bear stamp A'bMl ordering
tho change described Is prepared. and has, 1t is be-
loved tho favor Of part At least Of the Ways and
Means Com mittoe.
There Is strong disposition in Congress to pay at.
tention to such memorials as this OF the cigar
makers Members aud Senators have been impressed
at homo with tho fact that the action Of the internal
revenue laws Is to throw important bra nchos of
industry more and more exclusively into the hand, OF
. few wealthy manufacturing companies and to disa.
BILE the small capitalists from competing with them.
There 10 o general feeling that while the natural and
inevitable course Of business gives constantly greater
advantage 10 organized capital tho laws ought not to
increase this tendency, but tho contrary. Hence It
Is likely that this braach OF tho revenue question
viii attract good deal Of attention In Congress-
THE SILVER QUESTION IN THE SENATE.
Tho debate on tho Matthews resolution Is drawing
to close: Senators Jones' OF Florida and Cockrcll
spoke to-day, Senators Randolph and Edmunds are
expected 10 speak tomorrow. ana Senator Lamar on
Wednesday, after which the will be had Tho OK.
ctomsnt among the silver increases as the day
draws near, and some OF them boastuly declare that
she Bland bill will pass by two-thirds majority,
but the complexion OF the Senate has not changed
within week, or II It has thcrs has been loss to tho
silver men. They have for instance counted Senator
Butler, Of South Carolina their sdc but be is OBJ
posed 10 the bill. When the Matthew's resolution
comes to a vote Mr.. Conkling's amendment, to mako
It JOINT instead OF concurrent resolution, will be
FIRST voted on; then the next amendment OF Senator
Edmunds, ,and lastly tho resolution tho nra vote
viii draw forth the whole strength Of tho extreme
silver men. The vote will any be closo but in
full senate of scveny members twenty six Son.
aors arc counted sure against tho resolution and
agans, the Bland BILL with several uncertain, and It
Is generally Acknowledged by the silver men thut
veto will cause them to lose several votes which will
DO With them ON the nrst passage Of tho bill
FINANCIAL BILLS PsoFFERED TO THE HOUSE
AND NOT ACCEPTED.
Among tho bills introduced in the House o.day was
one by Mr. Shallenberger, democrat, OF Pennsylvania
authorznS the coinage OF the ola silver dollar and
making legal tender In payment OF fifty per cent Of
all debts. 1t was laughed at a bill allowing men to
DO hall way dish ,ncst
Mr. Southland, democrat, OF Ohio, presented a bill
making tho Customs duties payable In grsen backs
after the LIST OF January, 1872 and tried get two
THIRDS vote 10 allow Its passage He was very nearly
successful the vote standing 154 yeas TO 90 nays
was noticed that number OF Eastern mon voted for
1t. The pretcncc for tho bill that at tho date 1t
gives resumption will havo begun undor tho act but
tho reply that that case this bill will not be
necessary.
THE NEW DISTRICT ATTORNEY FOR UTAH.
The new District Attorney for Utah Territory, ap.
pointed In place OF Sumner Howard, resigned, ~ cx.
Judge Van zIe, Of Michigan. Tho selection OF Judge
Van zlis involves, 1t Is said, the removal OF Marshal
Nelson.
SUBSIDY MEN IN FEAR OF AN .ANTI-sUBsrpY
RESOLUTION OF THE HOUSE ON THE
SUBJECT:
Tho dull Monday In the House was broken by an
early adjournment, moved by the subsidy mon, who
we're alarmed ut the discovery that Mr.. Baker, OF Now
York, would presently got tho door with resolution
against subsidies. To prevent this they moved IN
adjournment, and tho House being tired gladly DIS
solved. Mr. Bakers resolution will come up next
Monday, and Will undoubtedly pass Tho House s
against subsidies by largo majority. close count
shows that less than ninety votes be got Tor the
Ip.x.A Iii