Monday, October 31, 2011

XXXVIIth Congress -- First Session

WASHINGTON, March 31.

Mr. Spaulding offered the following provisions:  That no duty shall be collected on furs until the expiration of the reciprocity treaty with Great Britain.  He took occasion to say that we have lost thirteen millions of dollars by this treaty, owing to discriminating duties.

The committee adopted Mr. Spaulding’s amendment.

The tax on diamonds, emeralds, and other jewelry, was put at 3 per cent. ad valorem.

Mr. Stevens opposed a tax on flour, which, after some debate relative to the bearing on the tax bill exercised by the reciprocity treaty, was stricken out.

Mr. Spaulding gave notice he would soon introduce a resolution requesting the President to give the required notice for terminating the reciprocity treaty.  Cloths and all textile fabrics 3 per cent. ad valorem.

Mr. Kellogg offered the following:  On and after the first of May one cent a pound on all cotton held or owned by any person or corporation, will be levied.  Adopted.

The piano forte clause was altered to include organs and melodeons, levying a tax from 50 cts. to $6, according to value and $6 to $20 for yachts.  Dogs taxed $1 each.

The section relating to slaughtered cattle was not touched.  The next section was amended by adding the proviso that the commission of internal revenue may make further rules and regulations for ascertaining accurately the number of cattle and hogs shipped and slaughtered, and cattle liable to taxation.

– Published in The Davenport Daily Gazette, Davenport, Iowa, Wednesday Morning, April 2, 1862, p. 2

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