The sun. [volume] (New York [N.Y.]) 1833-1916, 1861-07-06

The dsho-.noy ~ rsvpnu,, whs,hs- tfou In
~ s 90 p o.h~ ''uro'' muse n'ssss.riy BE- suppl,sd
tn. seor....1 e Of shs ep'r,., shs,sso 900 90
oeo shssid b ssushi through issns. '''''
~ a. =, ..d., .sss.a. :s ~ ~: 4.
1859, trciudine ne p,rnspsns ard indsAass %
ssripsiocs sn,eun,s - sos ss1 s4eet. and ths 10
.rs. 70 b psd On y. s.sI y ,. isssI.d agris.
On sssrsv.,s q crdfssty szpesdi,vr-. Of bTt ssT,
ete -. II 10 thsss sums BE- sddsd o. o0e 200 - I
provision for Ne rsductfcn and ,fsai sxd.ssfsh
n.r. q The pusie dsbs, shs TOTAL Win B, sIs,ssI,
10 proyid, %. ths prsssA vs,, 10 u prcp,~d Y
raise " h1Adop, n lesst ths sura Of $50 boo e9o
Ia eonsidrtpg The ohsios Of rstsnus I'd a ssis h
1870 Us 49, iSdlc.sed. ths si.sosios q y,
fsrenA modes u TAXATION Authorised By tho C,ast,
htior. The ohocs 10 lint q 10 duties on q ,rts
dtreo. nSss snd internal duties or excuses Du
ues on Imports eoostt ate The chief form Of tndL
rec, tsrssicn Direct taxes inciude capital los
tsxcs, ,axs~ % real estate AID pruhably Rsaera
,sDs on peiso;n p,opsrty, included in lists n
gseHg ~ oesaiP,oIA and va u,d BY uuif,rn
txeises, maj DO included all ,sxss coasua p.lon
and taxss on sp-oial dasosiptioos Of psrss.ai pr,
gsrty, win references 70 US, rather than vsius
osly o. occssloa q special sxisssoy hes . rssos,
ben hsA 70 d,rso, taxsaon, or 20 isssrusl dusis,
OF sIeiss.. He yso,ures 70 reoomuend Only such
ned hostoos Of ths sEsasg ,.rin - Will produs,
o.
REQ, 70 dlrso, tsr,ioa or In srssi Iiss - cir.
oufpstaDcr msy require. Tnsa The prsssns tariff
o. tuhes will Iot p foduos the revsnus Required
By sound ipoiPlss Of finance sdsr sxls,isg cir.
eas s.,,os :. ia proposition which will e0umsnt
Tss rsotipp for the lsH q1ar,sr Of the a,o.l
year juss eio.sd, were only o. b2I,94 % and
r,yenus usy be oobh 1en,ly anticipated fJr ,hs car
rent fiscal year, should chanr s bs made IN ,hs
I.ss 0, dp,iss, u viii b in.dsqusss bsyosd
d'uos, 70 the dematds 81 the T's.sury which
should Be provided for with iui RE at 70 losaa
| Ills hardly 70 b doubled shsi ,hs great psdy Of
ha o'6Eena Of the states now involved In chs
csiAps,s. 81 in.urreotisn viii sss long bsooms
right. Of prcpaty. and ,or ali psrs nal and p,hI
o.i rsht. 10 tse Unioa. ssd usdsr the @ ,.s, az
uon. ere Ptehsasbs ~ the disorder ard 70 OF,
and ma curly necs s.Aiily inoidsa' 70 The s'tsn
U,is not rsaso able 70 exp % thss With afes,os-
90 Uriov, VII ,eas sos mssely revived prospsrt.
p..si.I In de rss, .se.risoc, q our oounSy A'"'
Ths eress'y mo.a rsspsc fully prop sss " q n
tre-s ns. dUsy otfh Q. PSF P7uui be laid 90
.,v = sssm, - oeess per p:uad On esysd .u-
o. liz oenS per luod 90 tbs syrup Of sugsr o.ns;
OF ovnis pee pound on cscdy; % osu.s D Or rul-
Lon on molsss.. and Of ossss per gallon on soar
esnas per pound bs In pred on oofss, is os... Dor
pousd % black tss, and 20 eeas pa pou 4 %
=, Ftsm tnsss uutlos esumANd thA Al addi-
tonA teveous Of no. sss thsn $40 00s 900 annu
nsy Be raissd, Whit the bui,hsn Of this rsysnus
upon our own peopls will b ~ som. Considerable
deere mlass..d By pArt!c p,son this para Of ths
Tns Secretary ssams,ss The sossi revenue iron.
impogts dsnsg tls prssua ysua s5T, eoO, 900, 70
which may Be- sddsd ths sun Of 80 eco 70 BE- DE-
lived nom tbs sAlss Of ,hs pub 10 lands and uisos-
sous source, msking the totsl revenue for the
year $50 900 900. While, thsreicrs, there u ever
rssson 70 behave che, undsr modih ID tariff WIS.
hs prospsrtsy she ooun.y shall Be fuy rs-sorsd,
On sonuh revenue Of no, less than $780, .Ocs0, ADD
prb, more may be rsaliE ID. IL viii Be nsssss Az,
IN ORC o. 70 81 sAsln fully the public credit 70 pro.
Nds fs ra!sirg III. Of sie goo zoo for ,hs cur.
rsns yen, ,esst y direct ,.xss or from in'snL
Tbs esoisAary submits 70 ths superior wisdom
o. Congress NE determination OF the dues Ion vhs-
mar T.so., shall b made 10 direos taKss or ,osn.
Tbs value Of tbs real and personal propsrty d
the 'ople OF The United Stats, accord NJ 10 ths
cso,us o. lsoo, SIC 1oa o?t llc, OF omsuns frse.
The value Of real property Il sssimassd 4, sfi.-
2T2.003 ISL, end the vAus Of personal propsrt, A
~ $50 SSo,2So. Tas proportion Of ths properly Of
sosh d:'oIlL,lons In Che Uni.ed s.ss.. sidudiag
oc9, q which suu, 81 GO $50 COS rsptesmss, 90.
oordtns 70 he btse estimates, the value Of lhs real
end - 2Ie f3I 4o4. shs value Il ths personal pre-.
vatorep, on The whsls real and personal p-opsrsr
OF ,hs country, would produce . Of $50 ISs COZ
II hiss bssn oSjs'sd, and no, wishou, apparent
vsson, 70 reso 10 direct tsxss q tails ne. IN a
In consequences Of ,hs disiubsi condition Of the
country, The spp ortioa msns required BIZ tbs Con.
sutuusn cannot b. mazda,
To. soI...,y. howsver, adopts %. opinion ,h.,
ths Constitutional rquirsnsni viii be sapshsd n
Congresa, In shs scs OF lsvytag ihs sax. shall ap
portion IL among hs several ssAses In the required
IossIsL duties may be ooliec.sd u,r. eh..n.
ly than direct taxes, By bwsr sgsuis and Win los.
in,tIisr noe with ths oanoss Of ,hs natss.
WHISTLER ons or both Of Aha modes suggested BY
,ae ssors,Iy 10 adopted viii buiily psrfEm his
DUTY he oniis - urge the grsa, imp anos, the
abiolue nee sssity Indeed Of such foil provision Of
INC anhuh ievtnue a. will mAnifest 70 Ihe world A
hxed puiposs 70 maintain inVlOlAis the public
hi.h by ns T'rt'sess hdelhy 10 all public engage
-. I, win nor perhaps, b. III fought on, OF plaza
II ne secIesAry suggest here lhs, ,hs property
OF iho.e ergagtd In irsuTecsioD, or In giving
aid end coAfort 70 che insurRsass, may pro.
parry be n ade 70 coniibuh 10 ths sxpsld-
i,uIes, maas necessary by their criminal misc n
ducs. AS para o. The punlShmsni dus 70 ths
OWL war, And thereby Bringing distress upon SO
many ipnote-t ohiE snA, CJngress may juy,iy pro-
yd, for the forfeiturs OF ,he whole or pat % The
u Its proceeds into ,hs public gs.1uSt
i, The sscre..ry yJttu, a. 70 suggua, thai . c,n.
side abs r.,ing may be udiciousy sG,al,d By a
rtducion 81 10 psr co.tu n upon sslnias snd
wsges paid BY ths Federal GJyerumsut, IN csss
whSfa Iuch a reduction will no. interfere w,b
the 'Sl.sing e'nnAo,s, and thsl iutthr saving
may he o. ted ~ tss sboliton OF ,hs fraakios
prSl~ sud rtduction Of poasl expenses.
The Secretary submits TO Congress the CT.
dlency ~ opening subscriptions for nsilonL
loan OF Loi lees than 500 900 900 " he issu In
ITO form Of Treasury n Jtss or sxehsquar bills
ttfiiBR y.%iiy isters.s ~ 10 per centu an, -
be ps'd hbh ysaIly AID IsoSSmed Al the d lsssurs
o. tbs I'm ud S,SsH a;SeS Year, ffoa dave. Tns
sun 81 siN,oOO,OOO Is a.med 81 'he smouuI for
which u nov seems exp sdient 4, rely on ! sub.
q ipNJn Of this hind. Hut IL ia moi lpt.rd A .,