Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-06-20

IS the Geographic reporters made them few days
ago They want to on 1hst the bonds are based.
before they buy them, and we shall therefore look
with some interest to see the aBudget" which ema-
mates from LExcoiNs Treasury Department AS an
mixing of the future give the following from
late number of the NatiOnaI Republican
1.-The credit of the Government must be sustained
and improved by large and sicsep7g measures of tar-
ton The people are ready for such measures, and
if there is any weakness it will be- in them but
in their representatives. All observation of Amer
lean politics show that the people never finch from
paying any tax demanded by public necessities ard
thar popular intelligence ON that point is ahead Of
the timidity of that demag0gueIsm which is the
curse of our State Legislatures and of Congress
No party in this country ever won victory at the
polls, upon an issue made against necessary tax,
and never will, untl the people become incapable
Of selfgovernment
"We are ourselves in favor at this crisis, Of torG-
ton pushed to lis maximum pyodactUSstss. AID q
euery description aeich has been tried since 1883, not
can be made to wipe out that pestiferous paper
money, which excludes constitutional gold and sill
| yer from circulation, so much the better.
"Iea and ceee must be taxed, and much higher than
the proposition of the last Senate, which was lost
| IN the House, in such a whiriwind of dema-
gogueism
"Of course, such war as that ia which we are
engaged, must be carried on in part by the use Of
credit, but credit Is wsseful expedient if it is
used too much, and if it is left unsustained by ade-
quate revenues IL is by taripg roluldly that money
can be borrowed cheapy. The terms setich GoU.
Chase can make IN Wal street depend upon the Shou-
ing he can make Of his resources, and it Congress is
wise and firm, these resources will be equal to the
crisis There is no limits to what is possible in that
respect, in country like this, full of wealth. and
| not less ready to pay than to fight, when the ma
tional existence is at stake"
The Columbus (Ohio) Crisis earnestly protests
against the policy indicated by Mr.. CHAsE's organ.
That paper says:
| ave shall be very much mistaken if "Stamp
| Tax" and tax on Tea and Coffee will be the
only that will be required to meet the interest
on the war debt accommodating at rate never before
| heard or, or thought of, in this country.
THE poor who learned 10 use tea and coffee as
necessity, will not be satisfied to have the burdens
thrown upon them. There are rich men who use
articles of luxury and who are the real instgators
of this war that will be required that Will be re-
CURED to bear part of the burdens also, other
than the tea and coffee they use. A poor man
drinks as many cups of coffee as rich one and a
poor woman as many cups OF tea as a rich woman.
Our system of taxation is based on PROPERTY not on
naLsce-on lcedlh not on sa1eat
THAT money must be had and taxes must be
levied admit, and expect it, all these are neces-
sary to the now fairly inaugurated but let
those who have the property pay the taxes in this
as in other measures of expenditures. The poor
suffer enough from low wages and little work. and
the other casualties necessary to such exigencies
They fill up the armies offer their lives but they
did not demand the war. They were ready and
willing to compromise our differences, and save the
country and the expenses also. But they were not
listened to, and now it would be wrong to put the
burdens on them"