Virginia Argus. [volume] (Richmond, Va.) 1796-1816, 1814-10-29

Legislative. executive, and judici-
u. should concur in the exercise Of a power
which is either Thought to transcend the con-
titutional trnsr. or to operate injurously up.
IN the community. the case is still within
he reach of a competent control. through
he medium of an amendment to the consti. !
ution, upon the proposition not only OF Con-
,ress, but of the several states When.
therefore, VIC have marked the existence Of
4 national bank for a period of twenty years.
with all the sanctions of the legislative, ex-
ecutivc, and judicial authorities when we
have seen the dissolution of one institution.
and heard loud and continued Cal! for tn.
of another; when under these
neither Congress, nor the Sc
veral states, have resorted to the power OF
amendment can it be deemed violation
Vt the right of private opinion, to consider,
he constitutionality of national bank. as a
question forever settled and at rest
But. after all, should not merit the con.
fdence. which it will be my ambition to ac-
luire, If were to suppress the declaration
Vt an opinion, that, in these times, the estab
ishment of national bank will not only be
Useful in promoting the general welfare. but
hat il is necessary and proper for carrying
into execution some of the most important
powers constitutionally vested in the govern,
nent.
Upon the principles and regulations Of the
NATIONAL bank, it NAV be sufficient to re-
mark, that they will be best unfolded in the
sorm of bill. which shall be Immediately
prepared. A compound capital is suggests
I'd, with design equally to accommodate
he subscribers, and to aid the general meas
sures. for the revival of public credit ;but
the proportions of specie and stock may be
'aried, il the scarcity of coin should render
u exponent yet not in so great degree,
as to prevent an early commencement Of the
money operations of the ipstitstion.
a. The estimates of receipts. from estab-
lished sources of revenue, and from the pros
posed new duties and the estimates Of ex~
penditures. on all the objects contemplated
n the present communication have been
made upon acall so sudden. and upon mate.
-ials SC scattered, that it is not intended to
claim a perfect reliance on their accuracy.
They are, however, believed to be sufficient.
accurate to illustrate and support the ge-
eral plan, for the revival of the public cree
liz, the establishment of a permanent system
& revenue, and the removal Of the imme di.
ate pressure on the Treasury.
Upon the whole, sir, have freely and
openly assumed the responsibility of the sta
ion in which have the honor to be plac.
ed, But conscious of the imperfections of
he judgment that dictates the answer To
he important enquiriesof the Committee of
Ways and Means, derive the highest salts
action in rejecting, that the honor and
'afety Of the nation, for war, or for peace,
iepend on the wisdom, patriotism, and for
itude OF Congress. during times which im-
,eriously demand display of those quail
les in the exercise of the legislative author.
rty.
Ihaye the honor tobe,
Very respectfully. sir,
Your most obcdient servant.
A.L DALLAS.
J. w Eppes. Esq. Chairman.
OF the Corami;see OF Ways and Means,
Schedule of new taxes referred to in the
letterof the Secretary of the treasury tn
the chairman of the committee of Ways
and Means, in which the taxes proposed
in the report Of the committee to the
house OF representatives on the 10th in,
slant. are principally adopted.
1. On spirits distilled iros, domestic or for
eign materials IS cents per gallon, COM
puted on 100000 gallons provided
the present tax on the capacity Of the still
should be continued. IL it is thought best
to lay the tax entirely on the liquor, then
the tax on the capacity of the stiAs to be
taken of, and 30 cents per gallon to be
laid On the liquor. For the present esti-
mate, it is taken at Is cents
per gasion s6.ooo,ooo
2 On porter, ale, and strong
beer, cents per gallon,
computed on 5000 900 gall
Ions 100 Nh
3 On manufactured tobacco
and snuff, averaged at cents
per pound, and computed on
ten million pounds 500 200
Ga leather Of various kinda.
averaged at 8 cents per
poand, and computed on 90
million pounds 6oo non
S. On pig iron at 8 50perton
computed on 100000 tons 4so ooo
6. On paper, at various rates
averaging7 per cent. GA the
value of the article, compu-
ted On the annual manufacts
ure Of the value of 100000
dollars rye nm
ION playing cards, at IS cents
per pack computed on4o0, 900
packs 1oo ooo
8. On councillors and attornes