The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1862-10-06

~ defence q 'te country, provision Is mad 4ya
% bill that persnn3 paying the taxes imposed NJ
M Shalt receive .or the a:aoant paid six pcr eunk
esi Of The Government Icy aila at TEN years nt-
any time after, ,w.ha thirty yea.s from Tho date,
~ iha pleasure Of the Governmant. the interest TO
hs paid ANNUALLY. This provision Will In effect
teenfe he isx mayer in aavins refunded 70 tin
fSs amount paid uiler The present bill and leave
Nin ile power Of Congress hereafter in raising by
tkxaii whatever may be necessary for the de.
trce Of the cenntry to cq'talize the burden os
sNxa:iiI among tie people 0f ali ths 5ta'ea COM
ncai.tg the Conieda.say. This provision viii have
arnther good effect. Ii will leave /. III tho power
81 Congress when the expenses Of the existing
wy eclne 10 b" footed up and adjusted 80 Ia provide
sa 10 mako far and just division between the ,rc-
aGar generation sid pos,er.,y.
II he of tie taxcne fifth of tlIs value O.:
al she eotou obscco, sugar, piclssscs, CORN lice,
re oats potatoes peas, hemp, tiax beana, barley,
hSy. wool, r1s farr.piteh and turpentce. produced
iisG2. and iti OF the yaua the increase ofsll
gtoek raised this year, and one fifth o the Income Q.
alleitzn rs corporations aud artnsrslips during the
Yzese at yearnay look 10 scne like heavy tax. II
s retly Leevy burden Jut tic alncun is needed ior
, defence of the coun,ry and, III do not rlistaise
tEA people, will he promptly aid cheeriu!ly PAID -
gtr enemies have lleaiy made provision BY law
tF e1ntaeaiins onr eataes, and applying the
ytotee ds towards their reckless ard wa.feful ex-
raEdilnses TO guhjugation. Ifti.ey pro-
pase 10 appropriate 20 ths purpose all we have, i'll
tse evait of their s1coes5, certainly afford
81 fnHpend oae fifth OF years income to defeat
n souid be difficult, Mr.. Chait n,aii ytate with
ssss. IsssoH1ee degree OF precision certsinty
~ AmAnM Tie bill will saEsa@ No. one san say
What vii! bo tie extent, tn, present year, o. The
cottcu crop sugar CROP tobacco creep crop, CT
the quantity OF any Qt the ether productions of
t1e soil, proposed to lie taxed, raised the present
year. nor lve we auy Reliable tetf. from " bic;i 10
calculate with certainty th- income isoa: tc Cttcr
source: named in tie bill. We can only .pproxi-
nsa:e .ao amount ~ raferesce the production Of
the sot IL former ycaa; making reductions ia re-
gard % some, and addition ia gar. 10 others IN
the case OF tua cetfoa crop, il il known that Ne
haze diminished quantity OF land in cultivation,
and in regard 10 jhe corn crop, greatly Increased
Quantity. Iho liz. of objects taxed, showing the
.scNbabie a:nouut to b. derived from each object,
.doia.tio& by tLo chairman ot the Committee of
Way ari Meana 20 the House. IS about nearly
correct e;n BE made ikoGl any information we
have. This list shows t,i8t the bill viii iaisa some
$40 Jp}.uU | suppose the amount will not tall
much b.9", gcs..'ty exceed, the luiR stated
TLIs s,a HOOK. iaIGyi tut the expenses the
neeo.a5arily heaH ,. We have already incurred
deb-, 9r Will bavs dome - by tie first of January
nert, nf fraction over $50 OJU 0Gu. We have no
inayile from iupprs exports uitr on'y source
a revenue now i, tom taxation. W. cannot con.
tii'iie II inest 81" expenses oi the by mere
paDec aystca, i undertake It iil nuit to iu!.
pcSe taxes our Gas o,npent ,aprr viii deefeciate,
az tba c.ejat u! thc Government nil. go down,
y IL II
Tonne; t:la ex;l;::4cl Ot tAe var thus far Trea
su- Y noiaa have hii 70 be literally used The re
port OF the Secretary At the Treasury shows that
np 70 the Isl At Angus, L ? .a had issued Trea
aEry notes
Amounting to...--.-.-...-......S1 1GG. eaaG3J 90
~ ha ;a:.:ci 70 nay balances asa;nsc
jh* Treasury and meet oustand-
i"E It.ffii4ltI ne.------...-...-- II 1EIf.1Ul CO