Mr. MORGAN. If there was any real danger, such as seemsto be apprehended by my friend, the honorable Senfrom RhdIsl and, I should act and vote with him; but, sir, there is no danger whatever. The bill is plain, direct, and in no sense inimical to the interests of the American manufacturer. I have listened with some degree of attention to the honorable Senfrom RhdIsland, but I have heard nothing which in any degree changes my mind, or which should change the mind of anyone in relation to this bill. If we really are. as we are supposed to be and as we ought to be, and asI hope we are, seeking a common object; if we are endeavoring so to construct our national statutes as that they shall be beneficial alike to all classes of the community, then there is not the slightest difficulty in relation to this measure. Under exisgpg laws, the importer of foreign merchan we is permitted to deposit his goods in public store or bonded warehouse and enter them for consumption at any time within a period of 12 months. If he fails to enter them during 12 months. he cannot then enter them for consumption, and his only redress is to reex ort them, by which the Government loses all)the duties, or to come to congress and ask for an extension of the time, which has been frequently granted; or he can export them, as he sometimes does, to the nearest and least exensive port, and then reimport them, when o course they will again become subject to the laws of the U.S and can again remain in the bonded warehouse. All this is an unnecessary expense. The SecyTreasury, in concert with a committee of the HoRep, has thought it best that the Government should retain some portion of this expense if it is to be incurred. Consequently this bill contains a clauseand the bill meets entirely the approval of the Treasury Deptre uiring the importer to ay an additional duty o 10%. provide he does not enter his goods Within 12 months; in other words, the money that is to be paid out by the importer for the expenses of exmorting and reim orting is to be retained by the Government. hat is the bill as I understand it. It is not essentially different from the laws we already have in relation to the American manufacturer. the GAmerican manufacturer is not required to pay his duty until his goods are sold. I have had occasion to refer to the laws on the subject, and I will read1st an extract from the act of June 80, 1864, ” to provide internalreve nuc to support the Government, to pay interest on the public debt, and for other purposes, ” as follows: I “That upon the amounts quantities and values of produce. goods. wares. merchandise, and articles produced or manufactured, and sold or delivered. here inafter enumerated, the manufacturer or producer thereof. Whether manufactured or producedfor him Belf o!“for when shall pay to the collector of internalrevenue within his district monthly or on or before a debt to be prescribedby the ComrIntRev, the duties on such products or monu facture s.” Again, in another section it is provided: “And where such goods. Wlffl, flnd merchandise have been removed for copsumption or for delivery to others or placed on shipboard or are no longer within the or control of the manufacturer or I r the market value of the like goods. wares and his agent, not being in his facto, store or ware house. the value shall be estimate: at the averageof mer ghizndiseat the time when the same became liable to uy Again, in another section of the bill it is provided: “That uponthearticles. goods. wares and merchan dischereinafter mentionc, except where otherwise provided. which shall be produced and sold, or be manufacturedor madeand sold or be consumed or usedby the manufactureror producerthereof, or removedfor consumption or for delivery toothersthan agents of the manufacturer or producer within the U.S or Territories thereof, there shall be levied, collected, and paid.” &c. Then, again in the act of March 3, 1865, amendatory of the act of June 30, 1864, it is provided: “That manufactured tobacco. snuff or cigars. whetherof domestic manufacture or imported, maybe transterred. without payment of the duty, to nbonded warehouse established in conformity with law and Treasury regulations. under such rules and regulations and uplon the execution of such transportation bonds or ot orsecurity. As the SecyTreasury may prescribe. said bondspr other security to be ta on by the collector of the district from which such removn is made; and may be transported from such a warehouseto n bondedwarehouseusedforthestor ageofmerchandise. at any port of entry, and may be Withdrawn from bondedwarehouse for consumption on payment of the duty or removed for export to a foreign country without payment of duty, in conform ii wrth the provisions of law relating to the removal o distilled spirits.” The 11thsection of the same act provides: "That lucifer or friction matches, and cigar lights and waxtapers maybetransferred. Without pnyment of dut. directly from the placeof manufacture to a bonds warehouse established in conformity with law and Treasury regulations; and upon the execution of such transportation bonds or other security. as the SecyTreasury may prescribe. said bonds to be taken by the collector in the distrit from which such removal is made and may be withdrawn there fromforconsumptien after nflixin thestampsthereto, as provided by the act to which this act is anamendment or may be removed therefrom for export to a foreigncountry without payment of duty oratiixing stampsthereto. in conformity with the rov1sicnsof the ptgtypforesuid, relating to the remova of distilled lplll In addition to this authority given to the manufacturer, I understand it is customary for the manufacturer only to pay the duties as he wishes to sell his goods. At an rate, the law here seems to give such an authority. But if there was a discrimination between the internalrevenue law and the law for collecting duties on foreign imports, it would be for Congress to consider it. This bill is in all respectsjust, and it ought not to be reconsidered.) It has the approval of the Treasur Dept; and although my friendfrom RhdIsland seemed to intimate that there was a conspiracy between the SecyTreasury and the importers of the country, I think he was entirely mistaken in his fears. Nor have I been able to see how the revenues of the country are to be lessened by this measure. It will be, under certaincir cumstances, an accommodation. It will save the importers the necessity of coming to congress and asking for special laws. ltwill save them, as I have said before, from the necessity of exporting their property and then reimporting it, and thus Wlll nvoi an unnecessary expense. But the bill, should it become a law, will not be availed of to any very great extent. It is not to the advantage of the importing mer chants to keep their goods giree ears or one year in the bonded warehouse. That is only done on rare occasions, at times when trade is very much depressed. For instance, 2 cars since, when the Congress of the U.S. passed a law in one day through both Houses raising the duties 50%., it would have i, been very unjust, indeed, if there had not been then a law to allow goods to be placed in public stores, for during the same session of Congress that duty was entirely removed in some cases.