Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-07-18
The SenaJe.

WAsHINsToN, July Ex-senator Allison
from the committee of conference on the
legislative, judicial and executive apDropri.
alton bill reported the committee unable to
agree. The report was agreed to and a new
conference committe was appointed.
The senate resumed the consideration of the
internal revenue bill, Senator Morrill, giving
notice that he would antagonize the naval and
every other bill until that measure was dis.
posed Of.
| Senator George advocated the adoption OF
an amendment, which he proposed to offer
| repeating the duty on machinery for the man.
ufscture of cotton or wool goods, on agricul.
tural implements and on cotton ties. In his
review of the bill, he said 1t seemed to be
framed in the interest of capital and against
the interest of the poor. The presiding officer
stated that the pending amendment was that
offered by Senator Beck reducing the tax on
manufactured tobacco to cents per pound
Senator Beck supported the proposition as
being one substantial relief given by the bill
as it came from the house. The bill as agreed
upon by the finance committee until it re-
ceived the order, and a wise order, he
thought, from the Republican caucus, was
for the relief or banks, and for the removal of
taxes on matches and on perfumery. The
caucus was wiser than the finance committee,
and had ordered the committee to stop trif.
ling with the country, and added to the con-
temtible bill little substantial relief. He
proceed to review the provisions OF the house
bill, criticising them as being In the interest
OF capital, and ridiculing them as being a
mere pretence Of relief to the laboring masses
of the people.
Senator Johnston advocated the proposed
amendment reducing the tax on tobacco to 8
cents per pound.
Senator Sherman, in discussion of the ques-
ton as to how far it would be safe to reduce
the revenue OF the country, called attention to
the remarkable change in the balance of trade,
TO the prospects OF favorable wheat crop in
Europe, and to the widespread strikes now in
progress, as being circumstances which should
not be overlooked in considering whether
there would be large surplus in the treasury
at the end of the present fiscal year. The ap.
preparations this year were much larger than
last year. According to the best compu.
tation, the surplus in the treasury
would not exceed, if it would
reach, s40,C00,000. 1t would not be safe
under these circumstances TO enter upon any
scheme of reduction of taxes which may lead
to any deficit in the treasury, although they
might be reduced to q limited extent. He
then proceeded to defend the provisions of the
bill, taking them up seriatim and replying to
attacks made upon them. The bill reduced
taxes from $S5,000,000 to $21 GOO 600, and 1t
was best to take it as it was and not embark
upon the wide sea of general discussion upon
the question of taxation. He trusted the SEN
ate would regard this as an opportunity for
doing great good to the people and would
confirm the operations of the bill to such re-
duction of taxes as would render them the
greatest possible service.
Pending further discussion, the subject went
over
The house amendment was concurred in; to
the senate bill to encourage and promote
Geographic communication between America
and Europe.
After 81 executive session. adjourned