Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1861-07-27

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foot IL The VA q taxation. The arsi
big thisg il he 6ilIi i our quota Of the
thirty nilliass - raised By direct lax,
OF thst amount lows pays much more
than Isr 'shase = ssae6sments generally
90. 0eabss are assssssd Tor direct Gov
ersnsnt taxes, notupon property vslua-
ton, bnt upon the representation. Iowa
has shout one iovty-fourth part Of the
population Of the Union vhile Of pro-
petty she has not more than one sixty.
fifth part Of thst Of the entire country so
from one sixsy-6fth Of the entire proper
~ Of the Union must be raised one for.
ty fourth Of The amount called for by
the Government. Hence Iowa is called
upon to pay one third As much a. Penn
sylvania, althosgh not worth one more
than one fifth = much. The amount
which Iowa 10 set down for in the bill is
>678, 782, bat in the calculation all, the
States Of the Union are included, and 40
the seeded States will, OF course, be
thrown ont Of the count when it comes
be made up for actual collection, it is
fair TO presume that the sum Iowa will
be called upon to furnish will be not less
than one million Of dollars. Nov add to
this amount:the interest on the $500, 900
nov negotiating, and upon that tho
binary State tax and We have to raise in
the way Of State taxation in one year
the full sum OF eleven hundred and fifty
thousand dollars in one year. Then
add to this the ordinary County and city
taxes, and.it will be seen that with alItbat
there will be some pretty deep bleeding.
Those who cannot raise the funds to
meet the overwhelming amount will be
under the necessity OF being sold out to
somebody thst-can, and such list Of
sales as the country never saw will be
the result. While the screws are being
applied to the grooming population in the
way Of direct taxes, they are also sweat
ing under an indirect tax, for the same
bill which proposes to raise the O,O0O,-
900 imposes tax on carriages OF about
four per cent, also tax on all spiritous
liquors OF ID cents per gallon, and on
malt liquors Of 5 cents per gallon. This
latter levy will, we trust, be productive
of temperance. Another bill imposes a
tax Of ten per cent on all teas and five
per cent on coffces. In connection
with this also theirs will be
an advance in the price of cotton goods,
sugar aud rice aud, what is ~ossc still,
while the war incurs an enormous debt,
it reduces the facilities Of paving it.
The great staples of the country fall of
in price because Of the cutting off OF
one of the best markets. Viewed in |
the most favorable light, the picture is
gloomy one. The enormous drains
upon the country will be felt to an ex-
tent that neither this nor the rising
generation will see the day when the
burden will be removed. The expenses
Of the war may be safely set down at
one million two hundred thousand dol
lars per day noso, and soon the figure
will be increased to about two millions
per day-sixty millions per month
'even hundred and thirty millions per
rear, or about one-fourth Of the entire
ash valuation of the entire country,
eceeded States and public lands ex
epted. The prospect is not pleasing
me. Enormous taxes stand prominently
n the foreground, while not far back
ooms up national bankruptcy and dis.
ress. 1t is worth the while OF every
nan to ponder over this, and determine
. he best may the effect that it will
ave upon him individually and upon
he country at large.
Waerc Is w ools
NEW YoRK. July IL.
Ny DEAR ABx.-There is military
gentleman at Troy, New York, OF the
name Of Wool. You must have heard
Of him--John +. Wooll He did some
very respectable fighting at Queenstown
Heights and Plattsburg in the war OF
1912, despite the untoward circumstan-
ces Of his not being . lawyer; and some
thirty-three years later he won the bat.
tie Of Buepa Vista in Mexico. That was