Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-11-25
INTERNAL REVENUE.

COMMISSIONER RAUM TO RECOMMEND LARGE
REDUCTIONS THE PRESIDENTS VIEWS.
SWAsHINeToN, November 24-Until within
few days Commissioner Raum was dis
posed 10 make recommend alton looking
to reduction in internal revenue taxes. 1t
is believed now, however, that he will
advise such reduction as will leave The ag-
gregate income of the government from that
source at about 500, 100000 per annum. It
is known that the President, while firmly
opposed TO any proposition looking to the
abolition at this time of the entire in
ternal revenue system, beliyes the time
has come when substantial relief can safely
be accorded the tax payers, and that a por-
ton of this relief should come from a reduc-
ton of the internal revenue taxation. With
this view the Cabinet are in entire accord,
and the President 10 his message will recon-
mend the abolition OF all internal revenue
taxes. except those upon tobacco in its yari-
Gus forms, and upon distilled spirits aud
fermented liquors, and except also the special
tax upon manufacturers of and dealers in
such articles, with reduction in the tax
upon whisky and tobacco upon the
basis of the bill which passed
the House OF Repre- seutatives during the
last session OF Congress. The retention OF
the special tax is deemed essential 10 afford
the officers of the government proper super
vision OF these articles for The prevention OF
fraud. Ii this recommendation be adopted,
the remaining sources of internal revenue
will yield, according TO the estimates OF the
commissioner of internal revenus, about
S100000,000 per anuum. Any further re-
duction of internal revenue than that pro-
posed, it is held, would compel the GOVERN
ment 10 rely almost entirely upon import
duties Tor its necessary income, and would
render any revision or reduction Of the tariff
duties dangerous, if not impossible. The
d.. l.. T.
of any policy that would create such con
tiasency, aud will in his forthcoming mes
sage urge upon Congress the Importance Of
the immediate revision of the tariff, with
view to reducing the aggregate income OF the
goVeTume 10 such an amount as Is abso-
lutely required to meerthe interest OF the
public debt and the current and ordinary
expenses Of the government.
CAPITAL BRIEFS.
WAsHIEsToN, November 24.-Commodore
N. Jeffers has been ordered to hold himself
in adin.ss 10 relieve Rsar-Admirsl Clitz
of the command OF the Asiatic station.
A new uostofice was established to-day at
| Anton, KY
Am94nt # three and one-half per cent.
bonds exch,hged for three per cents since
the lst of November, S200l3,900.
District-A torney Cork kill said to-day that
the new trialof the Star-route cases will I'M
| doubleday begin on the 4th of December
next.
The Cabinet meeting to-day was a brief
one and uuimIortant. Folger was not pres
en-, and the dscusaion was confued ex-
clusively to mSters Of routine character.
Judge j. C. Bancroft Davis, ex-assistant
| secretary OF stat, confidently expects TO be
| appointed TO ths vacancy on the bench OF
the Court of Claims. The court resumes lis
session next Mondsy.
The Interior Department is informed that
the Navajo Indians, with their herds and
other property, have al returned to their
reservation, aud that there Is no further need
| OF troops 10 that vicinity.
The Postmaster-Genera has decided that
a fourth-clsss postmaster caanot bold that
Office while member OF the State Lsgisla-
ture, because be would not be able to give
| proper attention to tte postofhee.
The Secretary of The Interior modified
! his former decision, wherein he held that
mesauil was not timber wood, so as 10 pre-
ven, the railroad conpsnies cutting mesquit
while allowing thatprivilege o farmers.
The Compiroller of the Currency this
morning authorized the National Bank OF
America, Chicago, Ill, to b-g;n business
with a capital Of 100000. also the First
| n 1tIoDaj, OF HaHntr Sity, NSo.s nm eapl-
tai of $4,000.
The Garfield Moranent Fair will b opened
at O'Clock ,o-n1sFrow. The exercises will
not include the sontemplated oratisn, bat
| will be confined q President Arthur's 5ecla-
ration that the fair is open, made fr0a The
psgoda in the cenier of the capitol rotnada.
Secretary Folger has directed estimasss TO
be made with view TO issuing another ell
for bonds. The secretary is said to haze
| been sdyised thsi ordering the redemption
of $40 OOe, 600 csled bonds weekly has mot
had the effect OF auieting the money market
ACKNOWLEDGEMENT Howe to-day signed :
contract with George Enrich, OF 81. Louis
for supplying combination letter and en-
velop which isexpected-to be put Hpon the
market in Jan9sry. All postofEces viii be
snnnl;ed with the eombination, AND sheei
enyeloo and Camp viii be sold for three
cents.
The catalogue Of articles accomplished in
the dad lelisr office during the past wear il
inst issued. announcing the sale thereof at
SnhIic sncfien, December 4th. The articles
ronsis, Of ieseIry, toilet goods and every
couceiyabIe thing which could be sent