New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1864-05-09
The Whisky Tax.

IT, ne Editor qf Then Y. Tri5uae.
SIR: WI you permit few estimates and
surmscs o-l the subject Of taxing whisky on haad'
l. Good merchants in the trade acknowledge that
there is!a three years stock on hand.
2 III ose same men will acknowledge that stock TINT
can be reached to be oDo million barrels.
2 THAT Of that million .wo hundred Thousand have
never paid any taI.
L. Also i've hundred thousand barrels that have only
paid zoo tax.
s. The residue under the Coo. tax
These estimates give AS follows
100000 bb g. 80 GALS pl Dbl at &c. gives TrTcnur
5ovvo bbs, % s per bbl at 3oG, gives revenue 'p'V
Now, on these two items the Government will a., o
l-'''''
II the Government does not this whore Is the
revenue TO come from expected on this articlei Tie
stock on hand is large that no disiler can manu-
lcture and pay the increased aT, and for this reason
That on hand is no, held in the regular channels, Tie
cost II holding account Of interest wastease and
insurance IL no great that tie present loldcls' OF
many Of them. will have to realize; and from The
stock on hand viii supply the maIket-and DO 50
at largo profit, and stl n1derseu that made
under the prcsout tax And here let me ~sert'
and those familiar with the trade VIII Acknowledge
the truth of tie assertion, 10 wit not one In ten OF the
whisky mills IN the country Tut what viii stop at once
Still further Of tie oucenth that do run. not onctent
Of what ihcJ mako viii 10 taken out of bond-befoTe
January. lst5 under The present lavs-aid not even
then unless brought out on speculative basis Now,
there Is still greater reason for their stopping-hsi
is future legislation. They know that tie law, stock
hand is 10, taxed. will after trial fall 10 produce
expected benefits; and. stl further. they know tAai
the results will be demanded. ard that they can only be
obtained BY taxing stock on hand. Now II the Govern
mem, has already collected all TIE tax that II Is intended
TO do on what Is hand aid that Is sufficient foF two
OF three years stock and tat stock on hand prevents
further manufacture and paymen, Of duty. where is the
revenue 70 come 'front.' Again, II these premises are
correct would 81 no; be $50 amendment. 70 have e,
tho Tax rest at " cents without any prospective in
oroasei Tic prospective increase enhances the valae
to the consumer without any benefit to The Government
They are the many and sond be protected against the
men Who by iorcsalng legislation. want to rob both
the consumer and Government Would not the same
parties. who h,pose tho taxing tho stock on hand.
also oppose the repeating tho prospective Increase
Of taI-and also the repeating tho tar alto
getheri Was the law intended 20 benefit this class OF
men, at the expense Of the and Government
Now admit the Government shond protect 1 producer
end consumer. would 1t fail OF It's dgty By taxing
stock on hand that there Ia not "a whisky mill
In the country but WIN, he's already been prof'ed by
this tax five times more than their works worth II
they consumed by fro today. If that Is the fact
they cannot complain. Again. whisky viii be- made
and taxes paid IL. when consumption demands II
and the Government only hope to realize on Il
basis Of consumption the Government regard the
whisky maker in Justice to Itself and the
Again would not the consumer pay tho increased
cost mere cheerfnly II be knew that increase went 20
snsain our soldiers in tho field rather than have 1t 20
into the pockets Of set Of specua,ing vampires who
arc ever ready to fater II they feed the vals
Of their couniryi May the Senate pass Washburnes
amendment. and make whisky element, through her
financial veins, Of sustaining our cosntry.
AZ OLD MERCHANT IN THg TRADE