American Republican and Baltimore daily clipper. [volume] (Baltimore, Md.) 1844-1846, 1846-09-16
Amlritnu Republican,
AND
BALTIMORE CLIPPER.
WEDNESDAY MORNING, srrr. le. Ia4s.

=
DIREcr TAXES. 1t is generally admitted,
shat the appropriations made BY Congress, will
ne expended by the first of January next, itnot
before; and that consequently among the first
matters which must come before Congress for
its consideration, will be, bill TO provide ad
ditionaI revenue. On paper this will be 4 mat
Ter of no difficulty, for few lines may author
ize the Secretary of the Treasury to issue od
ditioaGl Treasury notes, or to negotiate new
loan; but we apprehend that s)no difficulty
will be experienced in the eudeavor to carry
Chs authority into effect The Treasury roes
already issued are said to be selling ~ New
Orleans at a discount, and no loan las, we be-
iieve, been negotiated: how, then, can it be
expected, that the future expenses Of the gov
eminent can be paid by the issue Of more Trea-
sury notes, OF by new authority to borrow mo-
ney' We have no expectation that the new
Tariff will furnish more than ne-half Of the
amount which will be required for the ordinary
and extraordinary expenses Ofgovernment; and
hence we infel, that it will become indspen-
sible TO levy direct taxes. Indeed, change in
the whole revenue system of government is
strongly recommended by some politicians, and
has received considerable countenance. 1t is
proposed TO rely almost exclusively upon direct
taxes for the support of government, and to
abolish duties upon foreign imports. On this
subject we subjoin the following article from
the National ntelligoncer of the It'll instant:
Direct TarsS Coming! The "Journal of
Commerce" noticing some charges the Provi-
denee Journal and Richmond Wing have
brought against it, Of favorng direct taxation
Instead of a collection Of taxes by the customs,
says:
awe state the truth about rising favor for
direct taxation, aud give it as our opinion that
further agitation Of the Tariff question will be
likely to result in further reductions; and these
papers meet the matter with slang and tell US
we threaten"
The Journal then doe, threaten excuses and
stamps instead Of tariffs on imports, and an in
come tax also-"a tax say on all incomes great
er than FIVE hundred dollars annually; tax OIL
gold watches, coaches, notes of hand, SC;
would such plan (adds the Journa) displease
the masses, and Vi set the Democracy"
The "GIobe" has an article something in
the same vein:
alt is now no uncommon opinion among a
large number of people that system of direct |
taxation will have to be adopted ultimately in |
this country, and we believe throughout the |
world. But few who believe in the truth of
this doctrine attempt to conceal their opinions.
Al expression of their opinions no longer in
iures, but rather Strengthens their popularity
with the people. There is a disposition among
Democrats TO give the new Tariff fair trial,
80 that capital invested under it may have a
fair chance to prepare for change, still further
reducing The duties; for, rest assured, there will
be no change but one of still further reduction.
"A system ofdirecl taxation t1ould benefit ninelu-
4ine men out Of every hundred. Therefore, we
are willing to appeal to the interests of the
people in settling this question"
1t is possible that direct taxation may have |
60 be temporarily resorted to, if the war against
Mexico be continued; but that it will ever be-
come the permanent system ofthe country, we
do not consider as at all probable. The people
never would tolerate it. 1t is incorrect to sup
pose that such a system would impose the bur-
thens ofgovernment exclusively upon the pro-
petty holder; for it is known that taxes increase
the rent of property, and consequently impose
an additional expense upon the non-property
holder. Experience has shewn this to be the
case in the city of Baltimore.
~ It Al