Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1813-04-12

thought into service, the sum they win
cost the country will be upwards o. n'.y
millions Of dollars, which is douo.o
much as the whole amount OF specie Ia
the United States. .,.h.
To defray the expences inciden. 70 -. ne
war, independent of the other means ~ -
supply, tho government last yea, IT, w..
rowed about thirteen millions OF dollars
the annual interest, on which amolnts ~
seven hundred and forty thousand COL
| lars. During the present session lVan
of sixteen millions was authoIizeu ~
the service of this year, without any IL
imitation as to the rate of interest. ms
law empowers the presidents In ordee
to raise the money, or such part as nc
thinks proper, to sell the ceruncates'
which are to be evidences OF the oeo' !"
the market, for such sums as may ~P
near expedient to him-thus putting
in his power to sell them for what they
will bring, and to saddle the country
witt, any amour, Of debt and interest ne
may stipulate. If this loan IS obtained
at eight per cent. and the probability 49,
if obtained at all it will not be At less
interest, tho yearly sum payable tor IN
tercst, will be ono million two hundred
and eighty thousand dollars. lndepen-
dent Of this loan, which Is not to DC re-
deemable until the year 1915, the sum
of five millions is to be borrowed OH
Treasury notes payable in one year alter
they are issued, adding to the annual IN
terest to be paid a further sum OF two
hundred and seventy thousand do'iafs'
and making the whole amount to be Dor
rowed this year twenty one millions
This sum, though far beyond any thing
ever witnessed in this country, will not
be half sufficient, should the whole OF the
army be raised, and the other authorised
expence. be incarred Every days ex-
perience shows how totally inadequate,
all estimates are, compared with the &C.
tual expenditures.
To create a fund to pay the interest
on tho sums which should be borrowed
and to defray part Of the war expences
the secretary of the treasury during tho
last session, recon- mended certain taxes
as necessary. In conformity TO which,
resolutions were then reported by the
committee ofways and means and adopt.
ed by the house Of representatives, but
the final decision was postponed. except
as to one subject. The resolution con-
templated an addition OF one hundred per
cent to tho duties payable on imported
articles, was carried into effect, and
law passed for that purpose 10 which Is
cwingin part the present increased price
of foreign goods. We have lately been
in informed by the secretary OF the trea-
sury, that the necessities Of the govern
menr, created by the war, require the
taxes to be laid Immediately. AS the
session is now far advanced, it is con-
tempIated to have an extra session IN the
spring, for the express purpose of lay
ing the taxes, thus sub]ecting the coun-
Try to an unnecessary expence OF up.
wards of one bundled thousand dollars,
to do that which it was seen year ago
would be requisite-wbich there has
been plenty time TO do during the pre- |
sent session, and for which there is even
now time, particularly as the ma ority
have it in their power to seal the lips of |
every one, by the application If their
new invented rule OF order, called the
previous question.
The additional taxes proposed and
vbted at the last session arc the following
viz
Twenty five per cent. on the draw.
backs allowed by law on the sxporta-
ton of merchandise.
On additional tonnage duty on Anne
rican and foreign vessels.
A duty of twenty cents per bushel on
imported salt.
On stills employed in distiling spirits
from foreign materials, seventy FIVE
cents per gallon on the capacity of the
stills.
On stills employed to distill spirits
from domestic materials at any tlstilIe-
ny, where the still or stills employed are
of greater capacity than one hundred &
fifty gallons, fifty cents per gallon ON the
capacity OF such stills
On stills eatirely employed in dis,il.
ling fruit, five dollars on each still
year.
On every other still employed in dis
tilling spirits from domestic materials,
fifteen dollars each still.
On retailers of foreign merchandise
in any town containing more than one |
hundred families, including wine and
spirits, twenty-five dollars per year.
On retailers of wine alone, twenty dol.
lars,
On retailers of spirits alone, twenty |
dollars.
On retailers of domestic spirits alone,
fifteen dollars.
On retailer Of fnreian merchandize o.