Alexandria gazette, commercial and political. [volume] (Alexandria [Va.]) 1812-1817, 1816-01-08
ANNUAL TREASURY REPORT.
CONTINUED,

CONTINUED.
s. of the Repenae for 1916, estimated ac-
cordiag to the notifications, i0htch
aoiH Be respectfully submitted.
From the review of the financial mea-
sures OF the government, in reference to
the recent state ofwar, which constitutes
the first part Of The present report, 1t APP
pears that the almost entire failure OF the
customs, or duties on importations, and
the increasing necessities ofthe treasury,
rendered it necessary to seek for pecu.
mary supplies, in system OF internal
duties but both IN respect to the sub
iects of taxation, and to the amount OF
the several taxes, the return of peace
has always been contemplated, as a peri
cd for revision and relief, In the full
flment Of that policy, reduction OF the
direct tax, discontinuance of taxes,
which, upon trial, have proved unpro-
ductive. as we'll as inconvenient ands
above all, the generation of domestic
manufactures from every charge that can
obstruct or retard their progress, seem
to be the objects that particularly invite
the legislative attention. There will still
remain, however, sufficient scope for
the operation OF a permanent system Of
internal duties, upon those principles of
national policy, which have already been
respectfully suggested. AS an equiva-
lent for the aiminution of the revenue
by the contemplated abolition or reduc-
ton OF some OF the duties and taxes {;
and IN observance of the public faith,
which is pledged, in the case of such abo-
lition or reduction, to provide and sub
stitute other duties and taxes equally
productive it is intended respectfully
to recommend continuance of the duty
on imported salt, and competent addi-
ton 30 the permanent rates of the duties
on merchandise imported. In the gene
raj tariff, which has been directed by a
resolution of the House of Representa-
tives to'be prepared, and which will be
submitted 20 Congress, as soon a. the
materials for forming it can be digested
and arranged, the subject will be more
distinctly as well as more satis;actorily
presented, but, as it is not probable, that
this measure can be natured, so as to 90
into operation on the 18th Of February
next, ie DeSo..'s~ AZ
expediency of continuing the present
rate of duties until the S0th of June ;
when the new rates. with all the neceS-
sary details to give effeette that system.
mas be introduced, and sufficient notice
be given to the merchants, to regulate
their commercial operations accordingly.
In relation, then, to the, internal du-
ties, it is intended respectfully to recon-
mend, that he dutiesimposed at the last
session OF Congress on various articles
manufactured within the U. States, shall
be abolished on the 18th day of April
next, which will complete the year COM
mencing from the time the duties went
into operation that the duties imposed
during the last session of Congress on
spirits distilled within the United States,
shall be abolished on the seth June next:
but that at the same fine there be added
one hundred per cent on the rate of the
duty WHICH had been charged on licenses
to distilIers of spirituous liquors in the
year 1915 that the duty on household
furniture. and on gold and silver watch
es, be abolished on the s1st day of
March next; that the additional duty
imposed during the last session of Con-
eress OF licenses to retail wines, spiri-
tuous liquors and foreign merchandise,
be abolished on the 5lst day of Deem
Der. 1916; and that the duties on refined
sugar and stamp duties, be continued.
And finally, in relation to the direct tax,
it is intended respectfully to recommend,
that on the slst day Of March next it be
reduced to one half its present amount,
that is, to annual the amount of three
millions of dollars.
The satisfaction from the revenue by
these charges and reductions in the d.
rect tax and the internal duties, is esti-
mated at the annual sum of 100000 of
dollars. But the substitutes for supply
L tr1