The Iowa transcript. (Toledo, Tama County, Iowa) 1858-1866, 1862-02-13

An annual tax of 81, 8 ,0OO, 900 is pro-
posed, 500, 900 900 OF which shall be
fb>raying interest Of loans and for
sinking fund, and the rest for the COM
Z mon expenses Of government. The war
expenditures are variously estimated at
from one to two millions per day. The
following is the proposed table for iais-
ing the sum Of s273, 100000.
War tariff $4,000. 600
Land tax 4O,0OO,0 900
Fax on incomes 55,O0O,OOo
Tax on domestic manfact'vs 3o,Oo0,oOO
duties on stamps 100000
Tx on slaughtered animals 100000
Tobacco tax l6,OOO,OOO
Tax on domestic spirits $500, 900
Tax on domestic ale 4 beer 100000
Luxury tax 100000
Newspaper & periodical tax 100000
Railroad tax 100000
Tax on aliens 100000
From the above article. it will be seen
IN part at least, what Congress proposes
to tax in order to carry on the Govern
mcnt. If they would substitute in place
OF al but the first three, ''tax on per-
eonal property" and then have them 50
apporti med that they would all raise the
required amount, it would meet our
views much better.
The idea Of singing ont few articles
trades or classes OF business to tax sre-
.ialy, is a species OF Legislation that
might, perhaps not disgrace a half civil
lied nation, bnt for an enlightened com
mmity to pcrpetratc such ridiculous
blunder is a burning disgrace and en-
during shame to their high pretentions.
But we object more particularly to
the above mode Of taxation, because it
is the beginning of system, which if
carried out, will so cffectually curtail our
liberties and privileges As to wholly
PROSTATE the energy and enterprise Of
onr go.ahead people, and maks us, BY
this injudicious taxation, nation Of
slaves.
Take the principle of taxing domestic
manuf: cures. II the first place, it is
All unjust weight upon all manufacturing.
establishments, because they already
have to compete with the cheap labor
Of Europe; and again it will increase
the price Of every thing manufactured,
4 poor idea, at this time, when manuf:.c-
,urcd goods are 50 rapidly rising from
other causes. But this is not all; the
principle is wrong. Ifyou tax the larg-
cr, You must tax the smaller ones, aud
then where are you going to stop? Ey-
cry wagon maker, cabinet maker, shoe
maker anl every tradcsnan is manu-
iactnrer, and so in fact is every family
The most Of families manufacture their
own bread and other eatables, as well
as some Of their clothes. What kind Of
admiration have you reader for the law
that would tax you every time loaf Of
bread is made in your family, or every
time yonr broken hoe handle is replaced
with new one? But says one, sthey
will never do this, they never intend to
carry it SO far" We say the princi-
lle which they propose if carried out,
will do exactly this thing; and if a
principle is not worth carrying out, it is
not worth adopting at all. A separate
tax is proposed upon tobacco and other
things, the principle of which, is to tax
every single article raised, as well as
every little article manufactured, and
the country burthsned with frivilous
system Of taxation, which would do
more than any other conceivable thing
toward smothering the wide wake en-.
tcrpi,c for which the American people
are 50 famous, and place upon us the
rane burthens now borne by Europe.
ans, TO avoid which, thousands upon
thousands have come to our land.
Il is only the system we object to.
Tax our property we say, and then all
men and all kinds ofproperty will con-
tribute alike. Tax us enough to carry
on this war to successful termination.
and uphold the government in this try
ing time. Such is the only true course
to pursue.
Gen. Charles =. Stone, the slave