The Clerk read The ComFinance proposed to insert at the end of section ten the following: I That sectionsix of the act of March 3, 1865e.ntitled An act to provide internalrevenue to support the Government.topuyintereston tho public debt.andfor obtyher purposes."approvedJune30. 1804b, e amended striking out all after the enacting clause and inserting in lieu thereof the following: that every innagtional bank association.Statebank, or Statebunk associationshall pay a tax of 10%. on the amount of notes of any person. State bank or Sptaaidte banking associationused for circulation and out by them after the 1stday ofJuly. 1867 and such tax shall beassessedand paid in such manneras shall beprescribedby the ComrIntRev That section 14 of the some act shall be amendedbystrikingout all after the enactingclone and insertin in lieu thereof the following: that the capital 0 any State bank or banking association which hasceasedor shall ceaseto exist.orwhich has beenor shall beconverted into a national bank. for all the purpososof the act towhich this isment.siall be an amend assumedto be the capital as it immediatelybeforesuch bank existed convertedas ceasedto exist or wasing aforesaid: and wheneverthe outstand comcpiracnuyla.tion of any bank.association, corporation, qr person shall be reduced to an amount not exceedin figve cent.of the chartered or declared capital existin at the time the same was issued suid circulation sha lho freefromtaxation; and whenever anybank which hasceasedto issue notes for circula itnion shalldepositin the treasury' of the U.S. cullaatwiofnu.l tmoobneeyre.tdheeeammeoduant tpoafrits outstandingcir undersuch regula ittisohnaslal sbtoheex SecTreasury shall prescribe, such circulation; and wheneveranyStatebank or banking association ti oans.baenednconvertedinto a national banking associa sumed such national banking associationhas asthe lipbilities of such State bank or banking absysaoncyiaatigorne.einmcleundting the rodenttion of its bills or or understaning whatever with the representativesof such State bank or banking absasnokeiniagtiaosns.sohcaialltiounse, stuhcehhills of such Statebank portion shall be national banking amocia payment on thheeldei'rtocumlaatikoenthoeutrsetqaunidreindgr.estoulronngand as scuacphitaclirbeeufloarteion shall exceed5%. of the banking assoc isauticohcno. nversion of such State bank or i nTghoaft an act entitled "An act to declarethemean certain )arts proved of the internalrevenue not ap June. 1864 and for other purposes, approved March 10.1866.be amendedby striking out isnegctiine nlisetuhrtchee.rfeooufrt.haend 5 of said not and inscrt following: that it duty of all personsrequired shall be the ofincome and to makereturns or lists articlesor objcctschargedwith an internal tax. to declarein such i the several returns or listswhether ratesand amountstherein containedare statedaccordingto their valuesin legal tendercurrency or accordingto their values in opinedmoney; and in caseof neglector refusal so to declare to the satisfaction of the asstassessorreceiving such returnsor lists. such asstassessor is quired herebyre to make returns or lists for such personsso i nngeglect ngo rrefusing.as in casesot‘personsneglect by or refusingtomake the returns or lists required the actsaforesaid and to assessthe duty thereon and to add theretothe amount of penaltiesimposed by law in casesof such neglecterrcfusal. And when everthe ratesand amountscontainedin the returns or lists as aforesaidshall be stated in coinedmoney. it shall be the duty of each assessorreceiving the same to reducesuchratesand amountsto their equiv alent in legal tendercurrency.accordingto the value of such coined moneyin said currepey for the time coveredby said returns. And the lists required by law to befurnished to collectorsby assessors shall in all casescontain the several amounts of taxes or dutiesassessede. stimated, or valued in legal tender currency only.