The enquirer. [volume] (Richmond, Va.) 1804-1815, 1807-11-17

a,'o rrSasiors taasadby tie var foriS
DO aggravated by beyond what is rrtly nsce,a
ry. An addition 20 the deb. is doub,,es an evi. :;
but eIserience having fhc~u with What rapid
prcgrsis the az the increales in TINE, OF
peace with wha, facility the debt formerly contract.
ed has, in few years, been reduced, hope may
confidently he entertained that all the evils of the war
will be temporary and ea6ly repaired, aud that the
turn OF peace will, without any effort, afford ample
reonrces FOR reimburipg whatever may have been
borrowed during the war.
The credit of rho y. States is alto unpaired either
either az home or abroad and it is believed that loans
20 reaionabe amount may be obtained on eligible
terms. Meafures have been taken to afcertain 70
what extent this may he efsed abroad; and it will
be iuicisns hee fugge that the feveral banks Of
the u States may find it convenien; after the erru-
Ing year, and tn. diminied commerce of the conn
try may require le!s capital, lean government.
conderai,s iprt,on of their capital tock, now COM
puerd TT abo;i; ferry millions oi dollars
IL nght be premature enter into a particular de-
tail OF the fevsra branches revenue winch n,sy be (
ietSet in order to provide for tho iuteref of war
loans, and 20 cover deficiencies in cafe the exiting re-
venue houid fall below feven millions of dollars "A
general enumeration feems preiert fu.icient.
l. Not only The duty en- falt and the Mediterranean
duties may be immediately revived but the duties on
Importation generally may, in Gale Of var, he tonle
rably ncreaied perhaps doubted with les rconveni.
eroe thau would arile from any other mode OF taxa
ton. Without reiortng TO the example Of other ma
ons, experience has proven that this fource Of
nue. is, in the U. States, the mott productive the
eaief to collea, and the LEAH burtheniome to the
great MATS ct the people. In time of the danger
OF imuggEng is drinihed, the carcty of loriccn ar
tcles prevents the duty falling the irnpnrer
the ooniuners are prceifey toie members of the COM
munity who are beR able pay the duty; and the in
create of Donenic Manufactures, which may be in.
direely affected, is in tielF dsGrab!e obiet4
| .. Indirect taxes. however ineligible, will doubtlef
be chcerfullv paid Ear Tn.e, il nec.FAry Several
| notifications Of the fyfem formerly adopted. might
however be introduced, both in order to diminir,
io'ue of the inconvsuences which were experienced
and particularly enurc the collection of the du
ties
S Direct taxes liable particular obje ion ari-
ling from the unavoidable inequality produced By the
general rule ni the contribution. Whatever difference
may exih between he relative wealth aud coafequent
ability oF paying OF the fevera ates ail the tax iiu
nectariy be raifed in proportion to ther relative no
puation. Should it, however become necefary to
reiort to that reiource it is believed that the tax rail-.
ed upon that fpeces of property in each fate which
by the fate laws, liable taxation had origi.
nal!y been contemplated by Consrefs would be pre-
ferabe general aiI,iTneut laid uniformly on the
fame peeies of property in all the Gates as was ul,-
mately adopted
All which is RESPECTFULLY fuhmitted
ALBERT GALLATIN
Secretary IF tie TregEary
TT:gNry Department, 2
Nov. s. 1907.