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Washington, District Of Columbia
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The U.S. House of Representatives concluded debate on the Committee of Ways and Means' report on additional taxes, passing resolutions to be drafted into bills. A proposed National Bank resolution is expected to pass despite some doubts.
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The House of Representatives have, after one week's incessant attention to the subject, got through the discussion of the report of the committee of Ways and Means on the additional taxes. The resolutions which have passed are referred to the same committee to report bills accordingly; and, when these bills are reported, the subject will be again open to discussion. There is no doubt, we believe, but bills will pass in conformity to all the resolutions agreed on; unless it be that embracing a National Bank—respecting which some entertain doubt, though we do not. Such an institution is so obviously necessary, and so demonstrably desirable, that we do not see how any man, unless on constitutional principles, can feel a doubt as to its expediency, though the minor details of it should not exactly square with his ideas on the subject.
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Domestic News Details
Primary Location
Washington
Event Date
Saturday, October 29.
Outcome
resolutions passed and referred to committee for bills; bills expected to pass in conformity, except possible doubt on national bank resolution.
Event Details
House of Representatives discussed and passed resolutions from the committee of Ways and Means on additional taxes after one week; resolutions to be reported as bills for further discussion; opinion favors passage including National Bank for its necessity and desirability.