The enquirer. [volume] (Richmond, Va.) 1804-1815, 1812-01-25

WAsHINGIo Janaa.y i.
An important letter of the uecr~t,.ry Of
the Treasury to the committee Of ii 4ys &
Means. was yesterday LAID before the House
+ Representatives by -lIr Bacon, Oil. ~
man of that committee. The great length
of the Report prevents us from inserting it
IN this days paper, though the importance
of its Contents Gains for y The earliest pub
hcation. 1t is III reply to letter from the
committee, requiring at bis hands informal
ton Ga several points, ana his opinion 0, the
best means OF proddCing re enue adequate
To the payment of interest on the present
Public Deot & such new loans rs may be au-
.h0rsed in The event OF a war.
The committee contemplate an ANIMAL
loan durIng war of ten Millions of Dol
Irs. )n this bass the Secre Try estimates
rne revenue necessary to be provided for
the year 1913, III addition to the loan, at
) 5000 600. in the event Of war, the re-
ceIpts from the customs cannot, the letter
states, be relied OH with certainly, at the
present rate OF duties, to produce more
than . 100000 per annum. 1t is stated
that these duties i'll time of war nay DE
doubled, and Will produce s 100000
duty on imported salt of % cents
per bushei is recommended es-
tlmited oproduce 4OO, 600
The proceeds of sales of public
lands is calculated as usual at 6OO,G00
Making, 100000
And, deducted from the 9 $4,000 dollars a.
oovementiond, leaves deficiency 10 be pro-
.lded for OF 3,6O0,OUO dollars.
To supply this dehcier"c inc Secretary
sub nits the propriety " imposing direct X
mdirec- taxes, calculated % rod zee a gross
revenue OF FIVE millions, the net pfodact OF
which IS estimated at 1920 600 OF these
1ye millions, three are prrp-.edto be ra;s-
cd by 6i~Gcf t1r, and t.pD Dy IA tniirsck
&C, the Latter to De evicd 90 domes-
TIC distilled -pirits and licences to dis
uticrs, rcfnca sugar, iiCCnCcS 20 retailers,
sales 1T auction, carriages for the convey
ance ~ pers2 s. u stamps, estimated to
produce two billions, making, with t.le pro-
posed direct *, I'VE millions from which
IedJctlns S7jO,OO0, the estimated expense
oil collection AID assess ncnt, there will &C
crue to the Treasury, Il nett amount of
4,@5O,OO0 dollars. but as experience has
proved tnat taxes are never as productive
III the first year they are imposed, as N, n
they are in full operation, the product of
these taxes Is estimated for 1913, only
;, 6OO,O0O, which completes the sum es-
timatcd as necessary for the service OF that
year
The Report goes much into detail, & The
above sketch embraces but one point IN it.,
which wc gpprcheud, Go the generality of
our readers, VIII prove most interesting. SC
have Therefore anticipated our publication
Of the report by giviDs the above brief ab-
stract.--yNat. Int.
We are informed that the Gunpowdcr
Mills erecting near this city, by Thomas
Ewell x Co. have progressed with reniar-
kablc rapiGity and are expected to be in
operation before the list of May next. A
Pounding and Barrel Mill are building
upon scale TO- tie rnanufscture Of about
two thousand pounds of powder daIg ID.
NORFOLK Jan. 90.
! The undersigned, passengers in the Sloor
| Experiment, Captain Hall. from this por
! to Charleston, beg that he will accept thei