New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-03-01


Of the difficulty Of collecting the ta1es necessary u
NEE; the obligations which the country has imposed
on itself
Co1sesy ondeuoe Of the evening est
W.sB;Seros fridsy E.b. Il ls62.
The public debt Of tue United States at the ebd Of
the present iscul year June 1922 will be sbon,
s756, COO, 900. 30 said Nh kessend.p, Chairman
speech on tho Treasury Note bill. The average
interest on this debt is title more than .iH PEI
csp,-but cay $4j 100000 per snnum. IL Is es'l-
mated BY the saule emiuslt senator that the buu-
get for all expentes, sside from the increase oil
| army ana navy and inleiett on the pubhc debi
will be about $40, 900, goo per appum. way II
| thus pToyided Tor the disbursement of $ll5.
| 100 900 annually, without counting for the ELI
| Lrgement Of military and naval estsbllsi'
meLts, which, for year or Two ~ least, chnhot
We less than SO 900 900 Ier annuu greater than they
were before tie breaking out Of The present IT,
belion. In poit Of fact the Honse bad just cent to
the Senate navs appropriation bill Of SO COO 900.
II IL rate to cay that the demands on the ifesnry 10
be met by taxation, dect snd Indirect, VIII DOT Ice
less than $l6J 900 900 per aDpim. II we TAKE INTO
account loses TO be entaed by The Issue OF Gov
ernme Ut ehiupasters in the expulsion OF gold, aud
the iucreased Of everything the Government has
70 bny, this cum will be much larger. The
tyrOs who thought 70 obtain Sl5O oOJ, ooO wiih'
out interest by the issue Of Treasury notes,
have already found i've per cent shaved on tbeif
engayers shop. And il may lie preoicted wIb ~
much cUniideLee the next eclipse, that no number
" victories by land stay the rneh OF our
specie Europe. or long prevent tie steady depfc-
ciaion OF tie IT tLe nao scheme Ii persisted H.
ine most formidable problem tor our rulers 30
deal with is, now 10 rise si6J 200 go per aDhuDi.
Borrowing and kiting Lave their limit. TIE
hunt OF borrowing is always reached sooner by u
resort 20 " kiting" tlan IN ally otler way. When
il IL proposed to raise Sit5,0G0,C0O by taxation IN
Que iCin. and another, We know Just where we
sand. One HUNDRED aud sixty-hre millions OF
dnlisrs IRE concrete substance provided they be
not paper doliars) which may be handled by the
-FOUR rules OF arithmetic, distributed by the ceD-
SOS tables and up VrlObed 10 States, counter, aud
individuals. The sum 10 be raised and paid iuio
The Fcdeial Treasury BY New YORK every year
will be s21, 3i4 0i1 5Oi by syvaniu, Si5,9o5,
O35; by OHIO, $i2567 7yi 50; by Indiana. 81, 400,
rs 30; by ilbnols, $9,Ii6il Joi AID the otter
States in tie saine chesiful ratio. Our Commit
tee II Ways fnd Means may CoGcea thtse Items
never 20 deity; the money may come through
cbannels tie most i'v.hble AID iDscruta-
Lle--tLe sums are 70 enormous ar compared eith
any former experience vi The American people, tha
tic Taxation viii MOI ony be ielt but ~ will g1nd
us all pretty fine teiorc we insh paying the IN I
sfsessneut. When We add 10 tbese sggregaI -
all The stale and Municipal taxes required all
uually when reflect that tho FEDERAL tax Is from
four 10 xix times greater for each State than their
Neuhi uf6cttItlls VIC i"Htr "nc.'N'
il viii he raised by sny other Process thin
practical conii.cat,H. Perhaps Eew-Ergai,d,
New York, Penny lvrnia aud New-Jersey may 90
through soch tax mid with The breath OF lie re-
main ug u. them but tUefeis nOt another Sae loyal
or dislo, al, tha can 20 bali way through. kHop
that when o Federal land tax IL added to the Sta'e
aud County taxes in Wiscsnsin, lows, MinLeroia,
Ksnsas and Missouri tie y-Y,theIer ~il IN vat
la ber Of cases. have 10 f0he ht' l0a6 'tSc,f and
believe that n similar re-nlt VIII follow in many
parts of Ono Ipcidna, aHd Micbigar. Aud yet. tue
afd axiss snail Itlt Of tie proposed Ieyenue
bill.
Shah Rebel or loyal properly III tie phrase may
.e .lIowe6l be co,hscafed to pay i.,e cost oi The
pari Gu. or,le Other uutt be. You nutt either
eyy upon ard seil The proIsIiy Of paIlio.s IA oIo
~ traitors ia Gecigia; OF AIMED Rebel NJ 'u,h
clr lna, &C Union soldiers and their relatives ia
lngois. His blow must fol, either uron the
cyjous Of the Northwest al Fort Doneson, OF upon
sGckner and nis IpiscresDts,' whose very lives are