The daily Green Mountain freeman. [volume] (Montpelier, Vt.) 1861-1865, 1862-01-04
National Finance

4 hitter writer IN the New York Times in
az, a%A estimating its resources, makes some
vAiaaole suggestions, and gives some statistics,
whish We copy. The writer says
Misherto taxation has been so light in this ia
xessa land, that our people hare not yet learned
sbe sa>sen Long patent to every other on earth.
Da' 50 must como to it, and that speedily. Lib
sssss taxation is the only sound basis We can Of
Ter Nx INC vast loans that will be needed to car
~ s,ssE existing war to a successful conclusion,
aNs psoye to the world that American institu
s&ons have within them the elements OF vigor-
oas .>na enduring life. Capitalists at home and
<,&sesd will take Government bands in any re-
gIjEs& ansennt i 'ec only Sho,v them !hut ,nc are
fsr-Payng people.
sisys,ssod for several year, before tho battle Of
Waterloo. with less wealth than is enjoyed by
'sa Wy, As;.' States to-day, collected annually
s4G', Aov,t50 by taxation. Surely, in such an
esmesseaey 40 the present, free Americans can
do sinite as much, sllh populatioa OF O,00O,-
snl oafac;?. My should there be any felr that
oas people will not pay taxes like European Ma
1iczs Fhe latter do 1t at the demand of
~
wal; rn'. do it for the support q the Government
OF orr oMn SIa!stlon--. Government tn t y
sass right to. change sad modify at will. Let
ii ocs,a be settled that the war Is to leavs US
sss y >ss!;i "a asen $1,000, 900 900, and let us
Establish the policy of abundant tayation to
iness ,ei possible contingencies, and there will no
f'st,er re any trouble about the finances. When
1t - @,ldens that the country will pay taxes
heavy snonsh to yield the inieres! on the public
s.aoi and lesss handsome mar in for other ex-
srasrlinary demands that may arise, not only
mail Government obtain all the money it NAV
need, either at home or abroad, bu. the fac. will
sat'ssy Europc--laese than all else--that our
Ration - ROT IL g mob, as the London Times
'asctsss. aiitA that it bss both the will and the
ro"tr 70 survive the crisis which Is now testing
h's stability OF republican institutions.
i tabio' ~ shen given showing the taxable
property in 1850 and 1860 in all the States Of
Ahe Gnion. The writer then proceeds -
ta VIII be seen that there was, in all the
Ssases Ia 1850, zeal and personal estate to the
sssSs1 ststs 1aiso Of sixteen billions, one hundred
tana .hfy millions, sir hundred end sirteea Mou-
-'H"s "o'lcrS, on c7ery dollar of which the Gov.
~Tataeaa has lsouy for the purpose of main
AsnIHs user against all foes, foreign Or domes
h,--or tor any other Governmental purpose.
sos Collar OF this vast sum that is not subject
ID iaaation, and to sale for taxes if the exactlon
rs n"' promptly paid. But vast Us tho sum is,
10 ~ o1fJ part OF the taxable. wealth. Another
hnIsE@isEed table Of the last census shows the
&als- S.ioe OF personal property in the United
SAFES 70 I've .hre billions, uyhty-One millions, sir
"''s"red o"d s,aty-onc thousand doHars-yiyinp
An aIsgsFSIto OF over twcnty-one billions OF TAX
able property.
a Wetf Brown inancier and property owner
81 your eityr writes to a member Of the Com.
mHIse or Ways and Means, the following prop
,sisinn tor taxation, expressing his own convlc.
isn OF LIZ wisdom, and his entire willingness to.
aosae ny 1t, 50 far as he and his estate are con-
o.coed. -
a ax ct peg sesA On all real and person al
property to Rtod'i'le, net, $4,000 900
TAe taEi.f--se' adjusted $4,000, 900
Aairia lales, cider and liquors) $4,000 900
Yoasntse Of I per ton on all vessels,
gl1al boats and railroad companies
fann-4ilS) l5,OOO,OOO
Stamps, $4,000, 900
lneOdAv A3, $4,000 900
ae2is:ies. tuaa,seys Of real estate,
ARD Of corporate stocks, $1,000, OcO
Max, IN soap, candles, oil, gas, salt,
and other articl s, on which it is
easy md convenient to collect, $4,000 900
Aggregate tanpually) $500 900 600
Here we have sum provided for. Three
titnss rs great, it is estimated, will bs needed
for The current year, to pay ordinary expense.
ana the interest on the public debt. Let a tax
III sll forms, Of $3.50 900, 900 be collected tai,