Year: 1876

WAsHISGroy, July IL, 1875
MR.. MORRISON ON THE REVENUE LAws-No


CHANGE TO BE MADE THIS sRssIoN-INFoR-


NATION OF IMPORTANCE TO BUSINESS MEN


Mr.. Morrison, chairman Of the Ways and Means
Committee feels certain that his committee will do
nothing this session with any Of the bills affecting or
amending the revenue laws From, the present out
look there Is likely to be considerable falling
oil in revenue receipts from all sources,
the internal especially and IN view
OF this act the committee not disposed to make
what might be serious bunder in either changing the
existing rates OF taxation or increasing or decreasing
the subjects of taxation. Mr. Morrison thinks it will
be best to let matters 60 along as they are at present
and until tho Congress- when better view
may be had of the altered basis upon which the bust
of the country being done and calculations
be made accordingly for an equitable system Of taxa
tion. Nr. Morrison unreserved in his express
sion of the opinion that his committee would do moth
ing In the premises and the adjournment ol Congress
Is evidently hand that the declaration OF this
policy will do great deal to give an impetus to mer
camille and commercial operations Tor the fall and
winter trade which hesitatng or re-
strained by the uncertainty to Congressional
action on the revenue question The merchants viii
feel indebted TO Mr.. Morrison for allowing this state
of facts be made public at this season OF the
year when the fall trade is on the eve OF opening


In this same connection it was asserted that the
committee would do nothing at present with the sew
oral In their hands for refunding the
tiona debt.


HIM-HIs IMPAT!ENCE AT sUGGRsTIoNs-THR


FINAL INTERVIEW WITH MIR. JEWELL.


The President expressed himself to republican
Senator to-day weared and sick from the continued
STRAIN upon him, and said he had resolved to leave
town for few days. He has not sgniAed where he
will CO. but is thought he will 20 to has cottage by
the sea. In regard to changes in Office hc has said
no moro than he did before tho removal Of
Mr. jewel. He spoken TO few days
ago by some republicans of them
Senator, in regard to some changes they wished
made and became somewhat impatient under their
suggestions, his manner being unusual as to cause
remark. At his final interview with the President ex
Postmaster General Jewell asked whether In his letter
of resignation, he should say that he resigned in ae-
cordanco with the Presidents request that being the
fact The President said it might be best for him to
say So although 1t matter OF no moment to him
In the letter which Mr. Jewell wrote he made no allu-
sion TO the request to resign


THE VACANT CoMMIssIoNERsHIP.


In addition to the names mentioned last night that
of Congressman Kellogg, Of Connecticut 10 added
to the list from which it is conectured the President
will make mis- selection of Internal Revenue Comms-
sioner to succeed Mr.. Pratt


THE SILVER BILL AS IT PASSED THE HOUSE.


The Con ference Committee report on the Silver bill
through the House this afternoon by A.good ma
jority AS It stands the bill provides for the Is
sue at required OF Of silver for the
of grcenbacks the latter to be used again
only fast equivalent Of fractional currency Ia
cancelled 1t then provides that the Treasury may buy
500 600 600 OF bullion at the rate Of not exceeding
5000 per month"; to be issued in coin at the some
rate If wanted These features substantially CON-
bination OF what originally known as the Frost
and the Randall Silver bills All propositions making
silver legal tender for than S. in any one pay
ment stricken out


THE SHIPPING ACT AND EMIGRATION BILL.


The Senate Committee on Commerce agreed day
to defer until session all further consideration Of
the Shipping act ana the Emigration bill


IHE ILL-EATED MONITOR TEcUMsRH-THE RE-


MAINS OF HEE OFFICERS TO BE LOOKED


AFTER.


The Committee Naval Affairs has agreed to report
a resolution requiring the Secretary Of War to take
charge of the sunken wreck of the montor Tecumssh
in the harber Of Mobile in which the bones OF the gal
liant officers and crew OF the ilfaed vessel are en-
tombcd. The object OF tho resolution Is to insure
proper OF the remains when the wreck comes to
be broken up and removed