Mr. DODGE presented the following remon strance of the NewYork Chamber of Commerce against the passage of the tariff bill now pending in the Igonse; which was referred to the ComWays&Means and ordered to be printed: Cnaunnn or Continues: 0r ran Siwis or NewYorkur, NewYorku, July 5, 1566. To the honorable the Senate and [futureof lic/ireaenta hnea of the U.S.in congress assembed: The Chamber of Commerceof the State of NewYork respectfully rsine nst tes against the passage of the bill now before the HoRep entitled “A bill to provide increasedrevenue from imports, and for other purposes;" and asks leave to submit for the consideration of Congressthe follow in o "ections thereto: Itn 101st place the title of the bill is misleading. The enhanceddutiesit proposesbeirig.in many cases, so high that theymustprove iirohibitive, it.sadoption could not fail to diminis rather than increase the revenue from imports. the proposedpnhancemeqt of duties is chiefly it not altogether, on imported articles which comedirectly in competition withsimilar domesticproducts, such, for example, as iron. wool woolcns, worsteds, linens and cigars. These are all leading articles in our import trade, and no one familiar with that tradecaii doubt that the BXOI'bf tant dutieswhich this bill proposes to subjectthem to would greatly diminish their import, and thereby lessenthe revenue of the Government. It appearsto your remoiis trantsimpolitio to lessentho gold rovo nuo of the Government at a time when its gold lia bilities are increasing: and it seemsespeciallyim politic to do so coincidently with the abandonment of many of the existing sourcesof internalrevenue. There is reasonto apprehendthat the jomt effectof the 2 measures might soreducethe revenneoftho Governmentasto leavethe aggregatein sufficient to meetits current excrises and maturinginterest, and thus weakenthe public credit. But your reine nstrants object to this measure on other and broadergrounds. They believe its adoption would prove injurious to'every interest affected by it. It would be specially injurious to commerce by diverting it. from its established channels.by less. ening our foreign trade and by leaving our l s employment, aIrtine without adequate or profitable would mar the prosperityof agriculture by increiuing the costofits supplies without enhancingthe pricesof its products. which are governed. as are thoseof all exiIiortable commodities.by the foreign market value. t would injure mechan lcs by increasing the cost of living without enhuu cing wpzes, And finally. through its exorbitant protection it would endanger the permanent pros perity of the manufacturing interest itself. which it s specially intended to protect and foster. It proposes to increasethat protectionby agng from ten to 50%.to the presenthigh ra esof duty at the moment when the amended internalrevenue lrtWSTlzllEVtUhat interest from a heavy excise tax. The lunar, effectof the 2 measureswill be to confer foifntytint interest a rate of protection ranging from to 100%.; and this protection will be absolutewith the excise taxes annulled and the premiumon exchange and on gold to pay duties compensating the manufacturers for the adverse effectsof the depreciated currency. This degree of protection being at least twice as large as that interesthas hitherto enjoyed undo; the revenuelaws mostfavorableto it. we may expect to smeaetiet leyngendera home competition whi will ulti prove fatal to its prosperity. We may also expect.to seethe people'soon roomsso restive under this unwnrrantahlo boon conferredon a.favored interest asto demandits ro cal and the substitution of a tariff strictly grounde on the prinei 10of reve nue. This. combinedwith the effectsof iomo competition. would be liable to involve the maniifaloturinginterests of our country in general bankruptcy or these reasons your remonstrantsrespectfully ask that the bill may not.becomea law. A. A. LOW. President. Attest:Jons Ausris Sm 'KB. ] u" 5'] R., s Segre fury. COURTS or THE U.S.