Indiana State sentinel. (Indianapolis, Ind.) 1861-1865, 1862-01-27

House have agreed to report IN favor OF raising
$50 .000, 900 by taxation Of this Illinois
will be calleL upon 70 contribute something like
$4,000, 600. We have not the data whereby TO
estimate the aggregate of the municipal. town,
county, school, State and other local taxes as
sessed upon the people OF Illinois, but it is doubt
less from two to three millions. Whatever il is,
it has sometimes borne heavily upon the industry
of the State When ten millions shall be added
to this aggregate, and while, too. industry Ian
cuisines, prices of produce are depressed, and
every branch of business is Frustrated, the burden
will be immensely increased, imposing the closest
economies. the severest labor and deprivations
hitherto unknown
We know not whether the people Of Illinois
can pay this tax. We do know that they will try
to pay it, and this with reasonable cheeriulness,
notwithstanding that gigantic frauds in the con-
duct of the war have increased the volume of
taxation, if they can see that by their sacrifices
the Union will be saved. But If it shall be hard
for the people of Illinois to pay this tax. how can
Missouri and Kentucky. devastated by the pres
ence OF rebellion, pay that which will tall upon
them2 And how can Minnesota and Iowa. with
taxation already oppressive, pay that which will
fall upon tbemT They, too. will try TO pay.
Their loyal people prize the Union above all other
things But they win meanwhile be intensely
anxious to know that the war, which they
called upon to do so much to prosecute, will not
be perverted to the destruction OF the Union.
We rejoice that recent events are full Of assn
rance in this respect. There could scarcely be
stronger assurance than than the dismissal of
Cameron and the appointment of Stanton. And
the appointment of Stanton gives this further
surance that the end of fraud and corruption and
waste in the conduct of the war has been reached
This consideration will make the prospective load
of taxation vastly more tolerabie. Men will de-
termine to stand up under il who otherwise would
stumble and fall Had Stanton been Secretary
OF War from the beginning. one hundred millions
of taxation would now suffice, where we have one
hundred and fifty millions
We analyze this matter of taxation because il
is time the people had looked it full in the face
and began to prepare for the part they must bear
( in it. Few of the hardships of "a condition of
war have been known thus far We have been
going upon credit Not one days cost has yet
been paid and such cost is some two millions OF
dollars. The aggregate tax about to be levied
will not be equal TO one days cost. Neverthe-
less this tax is beginning of payment Ii is for
the payment of interest upon the past and the
| Immediately prospective cost of the war. We
have been borrowing to pay interest, which we
cannot do longer except an enormous sacrifices.
As the war shall be prolonged, the interest on
loans will of Course grow, and taxes will grow
also But we must hope the will not be pro-
longed. We must hope that General Mcclellan
has plans which will briug it to a close dleave
the necessities of taxation within the capabilities
of the country. We have this hope, and it has
daily grown stronger and stronger as Gen. McOIel-
Ian has disregarded the howl of abolitonism and
taken his osn good time to advance. Every
reason conspres to make it his duty to take his
own good time The advance, when il shall be
made, viii be decisive of the fate Of the Union.
If it fail, the Union will have failed, for foreign
powers will not wait long weary months for fur
ther preparation by US: they will recognize the
Southern Confederacy, which, treat the fact now
rs we may, will terminate the contest. How
transcendently important then that Gen. McClel
| Ian should disregard the clamor of aboltionsm
and make assurance doubly sure that victory
will 90 with his standard along the whole line.
After all, the question OF the Union will be de-
cided before these one hundred and fifty millions
Of taxes shall have been paid If they shall be
paid for the Union preserved they will seem
but tde weight of feather compared with their
weight If they shall be paid for he Union lost
Chicago Times.
The remarks of the Times will apply with equal
force to Indiana they do to Illinois. The peo-
pie of this State are prepared to make every sac
rifce that may be necessary to preserve the
Union under the Constitution established by
the trainers of the Republic. The value of a
Government is estimated by the extent of securi-
ty to lifs property and liberty it guarantees to the
citizen; its freedom from public burdens and the
advantages it confers upon the industry of its peo
pie In these regards our Government has had
no parallel in the worlds history To promote
these institutions aud to strengthen them is the
patriotic duty of every citizen. They have been
tried successfully for nearly century, and twill
he ~ 49, fol- ,nrf
when the beaten path has secured national pro-
gross. prosperity and greatness, and individual
happiness and wealth in an unexampled de-
gree. We are engaged in contest, madly
forced upon. the country, in which institu-
tons are upon trial that will require the
utmost watchfulness and patriotic sacrifices to
protect and preserve. The corruption and ex
travagance in the administration of the Govern
ment for the past ten months has, in addition to
its extraordinary and legitimate expenditures.
accumulated an Indebtedness and increased its
expenses to an extent that the Committee Of
Ways and Means of the House will be compelled
TO report in favor of raising one hundred and
fifty millions of dollars by direct taxation, in
addition 10 its other resources, to maintain the
Government and preserve its credit Indana's
portion viii be about the one-twentieth
of this sum, il all the. other States shall
pay the allotment which viii fall uoon them.
The total taxes for 1861. as reported to the
Auditor of State, which includes State. county,
school, road, township, sinking fund, special
schoo, and other taxes amounts to 81 .062 900 Is
The municipal taxation is not included in this
sum. The tax payers regard the present assess.
ment a great burden, and the extraordinary low
prices OF the products of our industry
viii make it especially so this season. Our
part Of the proposed direct tax Of $3.50. 900.
will be about eight millions. This amount, add
ell to the present assessment for State county and
township purposes. and it is not probable that it
will be reduced, will make the total amount of
taxation next year about SO 900 900, three times
the present amount, with no prospect of dniinu-
ton in the future. ; And this sum. it should be
remembered, will only the Government six
days, at the present rate OF expenditure This
exhausting process cpon the resources and indus
try Of the country must be stopped as speedily as
possible. The New York Tribune said two
months ago that the Government could not stand
! up under it six months longer. BY that time it
estimated il would be bankrupt and without cred
il. The astounding events which have trans
PRED during the past year, seems to have paraly
zed the nation We have been floating along
with rapid current, scarcely conscious, or SEEM
/ iugly careless of the corruptions and extrava-
gancies which are fearfuiy lettering the ener-
gies and industry of the nation. It's time the
/ voice of the neople should be heard dema nd