Daily Richmond Whig. [volume] (Richmond, Va.) 1840-1842, 1842-05-16
RENIsED TARIFF.

Rspo,t Of tie Secretary efths Treasury transiiiias
SRi 70 prorids rsrsnus from imports. and Z,
eaaage ahd modify sristiHg laos imPssing duiie,
o. imports, asd fsr other purpsssG
TREAsuRr DEPARTMENT, May 9, 1919.
Sir-In obedience to a resolution Of the House OF
Representatives. Of the 29th March last, requiring
the Secretary Of the Treasury TO communicate TO
the House "the plans, views, and information and
matters called for in the following letter addressed
to him the 26th February last by the Chairman
OF tho Committee ct Ways and Means.
COMMITTEES Room Oh WAYS AND MEANS.
February PC, lsi2. I
Sir,-I am instructed by the COMMITTEE Of Ways
nnd Means to request you TO communicate 10 them
my plan which YOU may have for raising the ne
cessary amount OF revenue for detTaying the ex-
renses Of Government by an increase Of duties on
importnuOns, or by auction duties on goods import
80 or otherwise, also, any pan or view which you
may have on the subject OF home valuation, cash
du,,es, warehousing system, or any other matters
incidentally connected with these subjects, and
pocinly any information which can bs afforded by
your Department as to the particular article import
"a winch will best bear increase Of duty, and
the amount Of such increase.
As Tho committee are now ready to take this sub
icct urj.- consideration, they would be happy TO
receiv, \ .ur views at as early day as possible.
Respectfully, you're,
WILLARD FILLMORE, Chairman.
Hon. WALTER Forward.
have the honor to state that, upon the subject of
taxing "saes at auction or goods imported or other
wise" with view ito increase the revenue"
the Department is under the necessity, for the
want &c more full and distinct information re-
speeding 1t, 10 defer the expression Of any OPT.
mon in reference TO the expe1ency OF the tar in
question.
The opinion Of the Department as 10 the imprac.
ticabtlity Of the home vaIaton,' provided in the
compromise act was expressed IN a report the
in1nccs made on the 2Oth of December last, and
mans unchanged.
Various substitutes, proposed with view OF
occurring the benefits promised to the manuiaout-
ing interests AMI llbornG cla by such valustion
have been considered; but. after matuied reflection,
1t has been thought best to continue the existing
mode Of assessing I'D ralorsri duties, far those
duties retained, guarding II, as far practicable,
from abuse. by ADDITIONAL precautions against frau
iulcnt Invoices.
The Plan of the Department "lor raising the ne
ccsSary amount of revenue for Jefrdying the eXpen
scs OF Government 10y an increase OF duties on m.
portaioEs" will appear m the accompanying bill
The object primarily rcSa ded IN framing this
hll was the supply OF an amount or revenue sup
posed To be commensurate with the Trohsb wants
at the Government IN future years. The limit OF
expenditures must Of course bc determined by
Congress; and all estimates by the Department OF
their amount necessarily, IN some degree, con
Iectural In reference TO this matter II possesses no
means Of forming correct judgment Other than
those which are equally in the power OF every MEM
Their than assume that, whatever expenditures may
be required support the Government end main
tam enlarge our system of national defence, will
br ccrt1in'y incurred; and, being well convinced
that the United States canno, lie placed in that
condition Of entire security which appears TO I've
called for by popular opinion, n well as demanded
10y highest interests, without liberia ana perna ps
increased npproprat ons from year 10 year, the sup
position of diminished expenses has not been
entertained. That spirit OF economy which fOrbids
a
to Illustrate liberal system of measures for the NJ
lonal defence.
A secondary, though extremely important object
m framing this bill has been 10 afford some relief
and encouragement to the laboring classes and the
mechanical trades OF the country, whose interests
nre now languishing under a severe and. in many
instances, ruinous depression. While Il IS concet-
I'd ihai the primary object OF duties imports is
the raising Of revenue, II is believed that proper
discrimination among the articles made duiiable as
we, as in the amount OF duties, may be rightiuily
demanded by the interests referred TO- and favor
aole to the interests of all
In order carry out the views OF the Department
on this subject, II became necessary TO institute in
quires IN various parts Of the United States and TO
wait The required details and statements. The de-
lay, therefore, which has token place IN replying TO
the letter ofihe chairman ofthe Committee of Ways
ana Means well as TO the resolution OF the
House, was necessary, not only in aiiordns the
opportunity TO those who arc connected with the
NaFtfal interests UGuklOutO 10 present tnetr
views on matters vitality important but also IN al
loving to this Department some reasonable time for
cue examination, and Tor an equitable and iudcious
arrangement OF q subject complicated and deli.
cite in It's character as that OF framing system OF
dues.
The following estimate OF the expenditures OF the
ycars lSi2, 1913, and lSi4 exhibits the measure OF
income necessary TO be raised during the same pc
Iiod.
FoR THE YEAR ls42.
Civil. foreign intercourse, and mis-
ceiianeous, military and nava, as
estimated by the Departments, S24,4 SIS 95
Permanent appropriations, $4,000 90
Debt Que by corporate cities, princi-
pal and interest, $4,000 90
Parts OF the old public debt, 5000 90
Three and five per cent funds due to
the States, including the sums due
to Mississippi and Alabama, under
the late law, 4l2,OOO 90
Interest payab.ei in 1912, on
the Oan Of 1871 and ~, : $4,000
Redemption Of Treasury
A.. - gnpn