National Republican. (Washington City (D.C.)) 1872-1888, 1884-03-26

On motion of Mr.. Ermentrout, II bill was passed
authorizing the National bank of Middletown,
Pa, TO change Its location.
ON motion of Mr. Beliord n senate bill was
passed authorizing the state Of Colorado to take
lands in lieu of the sixteenth and thirty sixth
sectionr, found to DO mineral lands and to secure
to that state the benefit OF the act donating public
lands to the several states and territories which
may provide colleges for the benefit of agriculture.
Mr. Browne from the committee on the judici-
ary reported back bill making 1t u felony for q
person falsely and fraudulently TO assume to be
an officer employee acting under authority Of
the United States or any department thereof
Passed.
The morning h our having been dispensed with
the house at 1915 went into committee of tho
whole INT. Dorsheimer in the chair on the bonded
extension bill. =,
pelled him to support the measure His first i'm
preston had been that II would be unwise to
grant the extension; hut after close examination
lie had come 10 the conclusion that his duty re.
uuired him to vote for It, The proposition was 10
extend tho time Tor paying a tax, which was now
collected partially and III y manner IN Whlch the
tax on no American manufacture ought to be col
leCted A tax made ON the mRnuiaGture ana not
on the consumption was u local una partial tax
md discriminating tax against tho ar
ticlo which was not ~ necordance with with
| the American system OF government Inc
| time for the payment OF the lax on
| whisky ought TO be 50 far extended as to become
Il tax on consumption, aud so fur as the Dill went
| IL would restore the true principle OF taxation
| There was nothing in the condition OF the coun.
| try which prevented the granting OF the relief.
| Tue condition OF the treasury was snch mat the
| country was embarrassed by lhcamounl OF money
| in its possession Far from iilcOhNehlencing the
| country the granting of the extension would be oi
great convenience 70 the peopc. II lhe TAX were
| insisted upon ut this time there was no possible
| way in which to dispose Of the money, except lc
| apply II TO the payment OF the national HGpt no"
due and payable. ON the nineteenth Oh me pres
ent month the amount OF bonds now due wal
$685. O2i no. of which Sloi 302 800 were the basis
| the banking system of tho country, ana the SO
| curity OF the circulation the very foundation o
the stability Of business. If this tax were col
| lected now the money must unaYoldHply ne pal'
| out TO undermine and destroy To certHlh eAtth
the national banks, on which rested more lhah Oh
any other fundamentally the sttblllly OF TN
business interests of the country, ~ TINS view 0
1t there was no whisky in the bill. II was Tor IN
relief of manufacturers, in granting which rene
congress would benefit every substantial interest
Cipitate disturbance on the country when lher
was plain, open way TO avoid II.
Mr.. Kelley thought that the demand OF IN
| table whisky syndicate for relief from taNatlo
temporarily was an impudent one, The lnternl
revenue system worked great hardship upo
| small farmers fruit growers aud cigar maker
and maintained alone for three syndicates Whlc
had acquired three branches Of Industry, III
| manu- lGCturCrs VI taple whisky were the chiei
these syndcateS which found this tax SUI
\ guarantee OF the monopoly OF the America
few in number, which had crow ded out the sma
! cigar makers, came next with Gn assured monO[
4 oly The other OF these syndlcates was the mar
5 ufaclurers OF maltlquor, and Tor these syndicate
harried wide sections of the country, and main
5 tained an army Of over 100000 agents
f destroy the small fruit growers, lie deni'
! that tho tax was kept up, Tor the bel
\ from New York Mr., Potterl was in favor of pos
4 poning for two years the payment OF the take