The sun. [volume] (New York [N.Y.]) 1833-1916, 1864-12-08
THE NEW YORK SUN.
THURSDAY MORNING DEC. 3. 1864
Tho New National Policy Of Taxing sales.

mouiuni o' 'no BUN U.s. progressive s'op IN nhAh-
cA 'eg'aanon "n'cn promises 'he moe' sahrae-
Tory results morc than Two years ago ms jour
na s'ono snu shsie nsnoo" urse' 'ne snopNon o'
'nh 'ys''m ~ 'no on'y pfS"oso'e means OF soo'I'
n%e revenue so"quso 70 'no Uufuens OF 100 "I
We ne'o 'neh- ~ now 'nA' 'ne o'u me'n"dS OF
t~iAAon soops'o Wy MI ,"ASh "ouin heces"g
"h' !" tney were oased upon the RADICALLY ''''''n
"n-"of'o plan OF 'sfing prohnoer' in P'''' "
o"osum"a' Anne mas JuSuh'" ony w u
dunvoV he correctness our po'uo"
our hnsnni" 'ees'snon mas oeeh o'iIiu" ''''
ar" 'A"' mo 'housh s'efy'hin nA' oo'n
IRON Nn's.ey 'uciie1 m'Nue' "' 10,
"o' "ns' ins.anoo pfo'u'0i ""
sin""' Inc Ar'u anu 'o'en"o uu"o' ~' 's
'"-s' "'en' nave oeoh e'p oA"'''''
'mpo'~ ine"e ro'u''' "e'. '"''o'" SUI -u'N'
oy Va ana VIC us'' '"o '''''"' VI 'n
sA~ he ony iH"'
"'ou' w '
-, ., A.. -, o.. ,h., A.. 49,,
S'A' 0'""'''o VI '"o 'o's' ''-N 'A-' '-' -"
monse revenue Of Two hundred millions % oo'H7
. war could ba derived from n one per O. nt tax
-, -. -. =, 49,. Ill ,h...,,,o
ON sho'' 'No per Veh'' "N ""u'' '"''e.o,0
Yield sum OF Tour hundred milinns year, "nllc
shrco per oent VIZ WOMB nearly po'' 'ne '"A"c
COS " 'ns war anu sup'''oio q" "c'''':y w
iosn' "opO'n'ep ou' no" 'aS 'e'chu' 'o"'d 10
co"oc'"' "nhou' inJurloua'y suo.S"3 'e"e' '"-
tsfos~ "i'nou' pressing uP'n'P'ouuo''"n' ~ "nuo'
mo rreson' system snh almost ""no" ue-
ing ieh oy The great msss OF inc people
This plan Of ASine sales OF In other words OF
taxing consumers In the hrrt place. Instead o' pro-
ducers' bad been adopted 'Wo years ago ~ VIC
N.Oyernm1nt AMI lnnQreaa. tn nation would have
bccn spared the mountain OF debt Mat looms UP
always In increasing proportions anu our cur
renoy and finances would NOD he 90 desperately
snbarrsesod- But truth Ia mighty, aud one by one
our contemporaries came into the p'sn and helped
usto influence public sentrnsnt IN Its favor. The
pressure OF opinion has at Inst extended 10 wash
ington- and Secretary fEssENpHs endorses u I'M
der circumstances that prouiahs It's speedy incor-
pora,on a. settled priDciNe IN our hnsneiai
legislation. In his annual REPORT pnbhshed In
yesterdays Bur- he says
lie believes also that sl,hongh tax on sales
would probably hil OF coilectSn 70 somo extent
yeS ~ pp,id,s.i ,s,,,,n. Sc,,ssJ ST os,b cnI,
piled with the power 10 compel an exhibit Of books
u account u might become very large anu I'M
"
This recommendation will no doubt be adopted
BY Congress- and we ha'eA' last the prospect oil
sound system OF taxation that viii he fully equal
W tie wants oil the government and tho magnitude
81 tho resources OF tho people The secretary's GU
torsemoni may not bo 80 fill and complete as
could have bcen dcsircd' pui u 10 - much ~ could
b expected from public man snd
politician like Mr.. fEs"srpES' in reier-
snce tn any new and uniriod plan
o. government and hnAnee' Inc recognition oil q
sound principle has been secured aud Il only re-
mains 70 carry u out In prsctce we arc content
70 SEQ tho hste end oil tho wcdgo inserted and
truss W oSenh 70 uriVe " nome Inc resu" Will
astonish MI fEsAESDn with revenue ths' VIII
soon snperocde all o'her me'hods OF "aaNon'
what ne now regards rs doubtful ehpen-
mont capable OF producing WIN good man
Agemont few millions year. will
within sho1 TIME eStricate the government
from all It's financial ombarrAssments. Tho prin-
ciple Of the taxation oil sales is 30 sound that It
will yield moro than all other sources OF revenue
put sogesher-eVen IN sp'n oil bad management.
Mr.. fhssKrpsSs RECOMMENDATION thai the tax
on sales should DO accompanied by rules requir-
ing periodical returns verned by OATH and an
ehhip'noh OF accounts IN case OF no.
ces@'y' emoody Suhsi"n'i'hy tho views long
hneo sa'Aheeu W WIS J'urnAi' ine process
should DC somewhat tnus' wax Of say TWO per
cont shoa'a % 'o"ed upon al, sales Traders
farmers merchants ana ouers Shoulu ne Au'norE
eu !" A'u he '"ouh' q INC INK 70 VIC p'ee o' "'
srne'e' hA"er 'or iu'Nuee, ''u'd 0SSi'y 500 Vel