Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-05-29

government upon the labor of the country hile its
blessings and advantages are enjoyed to 3 much
greater degree by the owners Of property than bv
the lsborers it is the most expensive system of col
eeting taxes yet conceived or practiced by any
Government, and from Gits very nature cannot be
otherwise
From table No. 5, accompanying the secretsrv's
report it appears that in the year ending June 80,
1900, the imports consumed exclusive of specie'
amounted to Sl64 032, 03s, that upon these goods
there was levied collected and paid into the Treas
ury Of the United States sac 66s es6 AZ: TO which
shonld be addsd the fees CT custon-house officers
I received from importer and others, and which Ia
the year lS49, were S218 444 Te; also, the sddi-
tionsl sum Of S6e,l75.S7 received from importers
Tor storage, carriage, sudab incident the ware
houses for the same period. Ath ugh these two
last items are not paid into the Treasury SIS part
Of the revenue. the amounts are burdens imposed
Hpoa the mercaa5dize Of the country, which are
oeiEed by the revenue filters, and reduce their
| compensation to be paid them out Of the Treasury
exsed that amount.
These two sums aided to the customs revenue re-
eeived as above, make the sum Of S39 973 806.5 81
which. for convenience, will call in round num-
oers S4V,OOO,OO0, imposed q tax in tho arst IL
stance under the tariff laws Of taa government
upon tue labor Of he country-upon those who
Consume the Sl64 1882 033 worth o. the neessssries
and comforts Of life produced in foreign countries
and and imported Into oura But this vas the en-
~ va " p@A4IA POsfA upon tl5 C0usuubl5 OF
these foreign inporislons, the cause Of c9mpl4iuL
great as Il is, would not be half as great as it really
IS 1t must be reeolleoted that this sum Of
40,o00. 600 paid BY The importers into the Treas
ary OF me United States, is, afer its payment,
aaea pat oL me COST OF The gOOds upon which
II vas Pad as the original sum Of SleI, 200, 900
paid for the goods 10 the foreigners OF whom they
/ we're purchased; aad which they were not content
/ to be simply reimbursed, but raaGire the same
profit uPoa that part Of the costs Of their goods
/ thu; they Do gpqa the original sum paid, What
are the usual a1d ordinary prJAts of imrortiue
! Taefcaaa's an not very we'll advised; bat sup
pose, 10 ever Insurance, reuts aad all incidental
/ expenses, interest on clpiial aud profits twelve
per cent, would Be rather moderate, Twelve per
/ cent upon $4,000 600 @aad be $4,000 0O0, which
/ aGdeG TO the S4a 100000, would maka the sum Of
/ 44SU1OUQ watch the ieb5ers or wholesale mcr
chants may bus OF the importers would have to pay
IN consequence Of the forty millions paid to the
/ Government. Twelve PER cent. upon that amoant
IS pfo1ts, interest, sud 20 expenses, would be
! S9,336,OO which slG added TO the S44 SEQ, 900
make The sun Of $50 900, which must be re-
imbursed TO the jobbeTs by the retail dealers gho
/ buy OF them to sell TO the people who consume
and wac have to feet the whole Bill with all tle
erulag and scoGagatiog casts and expenses for
the best Of oil reasons they are the ily persons
! Through whose hanls they viii pass, who have by
/ tEeir labor produced anything 10 pay With. The
I retailers mast have their IroAis upon the whole
smouat thus paid By the jobbers which msy be
safely esinstsl at average Of fifty psg cant, to
cover expenses Of purchase, carriage or trauspOrtl
tion Insurance., reR,s-zll the expenses incident to
the sale OF the goods and collection OF the money,
! interest had debts, and clear profits. Fifty per
! cent upon the amount 10 which il has sWelled Ia
! the hands Of the jobber5 is $25,07S co., making
together the OF S75, 234, 600. The account may
! bs tsus stated; The waole amount paid By the en-
/ sunlsrs Of foreign gaeds Imported into the Unitel
| Stues in the yelr 1850, IS taxes under the tariff
including costs Of collection, and profits Of thu
| riOus merchants through shose hands they neees-
/ salily pass in citing 20 the consumer,
@
I Deduct cast Of Collecting FROM
! fur the year 1850. including S@las4ti8 fees