Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1861-07-11

proposed duties articles exempt and from changed
duties articles either lightly buriened or 90 heAy-
lily taxed that the tax amounts prohibou further
increase Of revenue amount Of 81 900 O00 may be
anticipated and that the improving condition Of trade
aud industry warrant just expectation that the revenue
from the duties OF the recent trf not effected BY the
proposed changes viii not fall short OF $50 600 COO He
estimates, therefore the tot revenue from imports
during the present year at 57 100000 which may be
added the Of 900 00O TO be d.rved from the sales
OF public lands and miscellaneous sources making the
total revenue for the year. $50 OO0O0o-Whilc, there
FORE there Is every to believe that under mod
fed tariff when the prosperity of the country shall be
fully restored annual revenue Of not less than $780,
100000 and probably more, may be rcalz it will be
necessary in order sustain FULLY the pubhc credit 10
provide for raising the Of $50 900 for the current
at least BY rect taxes, from iLtrnsl duties or
.xoises or trol both.
The Constitution requires that the former be appor'
toned among the States in the ratio Of the Fed raj pop
n alton tbs latter need only be uniform throughout
the United States The taxes real estate and perhaps
the general taxes on personal properly, must therefore
DO apporlioned Taxes distilled hquoIs on bank notes.
on carriages and similar descriptions OF property must
not be higher in one Sste than the taxes on Inc sAne
articles in another State.
The Secretary submits TO the superior wisdom OF Con-
eress the determination of the question: whether the re-
sor shall be made 10 dect 10 internal duties,
or both for the supply Of the probable dehc ercles Of
that portion Of the pubic resources which, upon toe
principles already explained must be furnished oy TAXA
ton. -.
The value Of the real and personal property Of the
people of the United States according TO the census OF
1885, Is SIC lO2 924 ll6, or, emitting fractions, Of Elk
teen thousand milsOs OF delays
The value Of real property ID estimated Of 81 ZIZ
05S, 1871, and the value OF personal propsry
$50 1885, The proportion OF property OF both dsscP-
lions IN the United states excluding those at present
under insrruoliou, 10 t0aO0 zoe O0f, oI ~giol sun
81 $50 $50 500 represents sGoflng the bess estimates,
.ae value " 'no Iea, A.u =, 80 .,r,b of ans NOR
tue pei9oH.' p'oP Y - - =,
oen., 90 pa'"e," w Wv - --- P''so.a p'op =;
Vi inc eouhuy. "vaiu Proauce sun VI s|o'iNo oo''
rave VI one ni'o " guy Per eePt Oh ,ne tea aIe
sonal prop rty o. the St1es pot pnqer iop,
would produce the sum OF szi' SUoOso; ana rAe OF
three tenths oil one cent on the properly aon',
IN these STATES, Wouu proaucs Szzosho'o- oau
being largely 10 excess VI the ait cunt reAnteH
la some o. the otates Ine revenue ior ~ PurPoseso
State county, and municipal expenditure are raised 10
this manner and tho assessments OF real aud psrson
propsry levied on valuation made under STATE subor-
,: form certain and convenient method Of collection
II such valuations existed in all tho States, il would lot
De difficult through the assumption and payment oy To,
several States OF their several proportions OF the tax or
through the CO operation OF the Sste aptbp,uss IL it,
collection os through kederaf sesfses oresed for
purpose but using the Sate Valuations TO assess anG
collect the levy for national purposes 1t is the abs
of such Valuations 10 Of the States and he
OF elective CO operation IN all winch make me tm
pl,ymsnt of an extensive aud complicated Ped4rr! ma
ehnery for .he ooection Of direct necessary AID
unpss the bas for the bosl serious objection against
thai mode of leyying revenue Il has been OH cted
nd not without kposrept reason TO a reaort Ia direct
res At tbs time tast In oons ouence of the di,u.b
cd condition of The country the MT
NV the Constitution c.nnot be made.
The Secretary however .dop.s the opinion that the
~ -.'---.--. an :. ..,,.6.,i &c n,.o-.--
constitutional requu'iio-s
IN the act ieVying the TAX shai apPofuon amo inc
several States In the required minper. Inc tax cauho
cone nncoasntltSnt' Sscasse |, nay eeht or ev'p
temporarily impossible TO eolect II a. spporusn.o II
were Otherwise the ohjscaon "ouo 90 iatai 10 .erna
duties, as Wen as 70 orce sAes, ~, III 'ue ~
luton OF tne COUNT - ,"poos'ce, I..s.
mny may oe oosu.,eu ~ 'uH 49, ,..
W make 'nsni uuno'u' - 49,. .'. n aay
oe cohec'ea pvi9 eu.aP'y '"au 80 ~ " ~.
igenss anu m'u 'eo W ~ ~. ~. ~ 'ns 80,
the STATES ine! NAY oo ai'o Aoe " oea .nsy uPon
rucies VI luxury auu 'nus uiut'., W 'ei'An eA.u'
toe burdens oy IuaeS On imports upon 'ae c,as
ses VI TUG Peop.e i' 49,, " oea. ~ o.su
siseaoy eno". 80 -, - ' IN ....,. 49,
oe're''! 80 - BE- De-, y".",i III, $50.
y, piop''y "a -. aanss 1'f' i
'"9 sun ~ 81 ~ ii, ,o0de,, ann,
- ~ - ,,o, n,odsra,o &c., =, Ill "a
~, ed IiCunrs on ale and beer. on tobacco on blnk
ao,.s nm sn,bg carr,qes on silver ware and iswely
,nd on esc.s II both sources OF revenue be fcsorted
70 IN ,bs syt,nt sD,g.ssd the amount reauired from
o,ns will be DIMINISHED and the asis of
fh. pubic credit enlarged and strength
enee whether both fee modes OF tax iion b. resorted
20 under present emergencies on!y OF them the