The enquirer. [volume] (Richmond, Va.) 1804-1815, 1814-02-01

OF Delegates, resolution 10 empower the Tressu.
rerto borrow for a limited period OF each year, 3
sum not exceeding $4,000 to meet such deheien-
ey.
choice between the augn sntson Of ths present tax
es, and the extension of the loan hey ond $3.50
VVo, the Committee cannot forbsSr to express their
sense OF the canger, TO which the public credit may
De exposed by an entire reliance upon loSns, to de-
tray the extraordinary expenses to which the Com
monweaiih has been aud continues 10 be exposed du-
ring the present war. II such loan be extended TO
embrace the sum now assumed to be paid to the
government OF the United States, the effect OF the
systems in both governments, will be 70 borrow by
the mentality Of the one, the principal sum
required To carry on the existing war; and by means
OF the other the annual interest the sum-there-
ny destroying the only solid foundation of national
orc1it, the competency Of the national revenue to
iu'hi the national engagements The Common
wealth having assumed to pay To the gOvernm emit of
the United States the debt OF her citizens amount
ing to the sum OF S69,0+& dollars, has fair claim
upon them, tor sum sufficient to meet that As
sumpslt. and the expenses of colectsoa--which YOU
committee believe will be paid with alacrity by them;
so that every consideration of justice and expeden-
ey combine to recommend resort 20 additional
ta1es to that amount. y ur committee thereforsr
suggest the necessity OF adding at leas. per
cent to the amount of the present taxes with the
exception only OF such g. experience mar have
shewn to be unwise, or which may be likely 10
become so fran interference between the General
and State Governments, in imposing taxes unon H.
ssme subject Amongst those OF the latter deserio
ton the committee beg leave to suggest one-Tbe
StamP-tax on notes negotiable at the State Banks
whether the imposition OF this tax was a violation
OF good faith, towards the Banks who had paid for
their charters very heavy premiums. need not nov,
De considered the only proper ground for repeal
OF this inconvenent lswfor alho' the principle of
such Law might be extended so as to drive tho c,s
toners of the State Bsnkswthout the Co,,,non,.I,h
iorthe accommodation of their respective wants. and
II so' would suffice to demonstrate the iniustie of
the tsS--ss the United States have required the
same paper 10 be twice stamped, and at two several
Psces' the poey OF continuing this tax is no longer
questionable IN the opinion of your com ,nittee
Your committee beg leave farther to sugyest
mat IN consequence OF some difference in the man
ner oil Keeping the Auditors and Tressurer's hc.
counts there Is now want Of perfect Conference be
tween them-not such indeed rs to produce diff
ferent resuit-but such TO render the reports OF
those officers less guide, chan thew would
otherTise be IN any future estimate of revenue and
eSPenditure-oving your committee believe 10
meuts. 49, III &c
your Commute also begIeave to recur 70 the re.
por OF the committee of Finance sanctioned bv
the last General Assembly, and to enforce the expe
cheney there suggested of changing the fiscal yesr
90 80 to make II commsnee on the first of Ociober
IN every year, and TO terminate on the 3Oth of SEN
TENDER OF the ensuing year. In addition 10 the ed.
se5 tofth IN the report herein referred to-
there would result from this change an opportunity
winch rs now lost OF obtaining in the fern of sne
eia reports, from the officers OF the Revenue ver-v
Nalashle information, during the continuance s. 20
peelsly IN the commencement of every Hes,un of
the General Assem- hiy--Therefore
heso'ved, That the fiscal year shall hereafter he
maze 10 commence on q first of October of every
year. and to terminate on the 3Oth of September
next ensuing That the annual reports of reoeints
nd eXpen iture of each wear, shall be made bv Tho
Auullor asd treasurer as early as possible al eve
~ SESSION Of tir General Assembly. That the re-
port OF the Auditor shall be aecompapied with sncb
remarks BY him, as may serve to explain the same.
10 point ontsuy detectsif such there be ia the .xis
ting Revenue Law, and to suggest tn proper rem
eoies therelor-that whenever the Revenue is like.
" 10 prove insufficient, for the expenditure of The
eomnonweslth--the Treasurer shall subioin IN
h's a.aal report, sueh reeomme udation to the &C.
ue ~ sehhy OF new subjects o taxstioB or Of ad-
duonsl taSee on the old, as my in his opirion he
lest suited to supply the deficiency
hsso we'd, That all warrants drawn upon the -rrea
snry stall expressly refer TO some one general
head OF expenditure, the cause for which they sre
drawn and where the said warrants are drawn for
sum chargesble upon her revenue of different
year from that out of which il is paid. the ssme
shall be so expressed.
Resolved, That all orders upon the Treasurer 70
receive any money due to the Treasury shall ex-
press upon the face thereof the particular head of
General Revenue, on account OF witch such s,r, l.
que and where he same 10 due for the revenue of
past year, that also shall be expressed in the face
of such order.
Resolved, That IL ig necessary 10 surrnpnt tbo
present taxes on ands lots end slaves 80 40 IN pro
vac theretrom fund sufficient to reimburse TO the
commonwealth the srm assumed to he pa i'd to the
government OF the United States on account of the
quota OF the direct tax assessed upon the eitize of
this commonwealth.