Vermont watchman and State journal. [volume] (Montpelier, Vt.) 1836-1883, 1864-05-06


The general purpose Of the bill before Us Is to LARGELY
increase the amount Of revenue and while doing this
any parts Of the where any doubt has arisen and TO
add such provisions will prevent any fraudulent eva
s,ons Of the law aud enable the Government collie
all the duties and taxes imposed, thereby protecting the
honest and true Of the country who are ready and
willing TO bear their full share Of the public burdens 1t
has been considered object Of some Importance also
10 have all matters concerning internal revenue embodi
ed In act, In order that might be paced In the
hands OF those who arc 20 administer Il a whole,
where 1t may be easily read and understood without the
hinderAnets incident to careful comparison Of various
Amendsiory acts IL will also be Of much convenience
70 all those who are made liable 10 pay duties and taxes
70 find all that them in one act All the main
features Of the law q 1867 are preserved although there
are many slight amendments and as tho committee u
ways and means believe, Improvements calculated 10
facilitate is execution The system worked smooth
y and we'll No equal amount Of was ever collected
81 cheaply In England it costs nearly twice a. much
as u does here TO collect similar tax.
Ihe duties have been largely increased by increa'ing
the Uf duty and By adding new objects 10 taxation
Among those increased will be found manufactures up
on which IL is proposed 10 levy duty Of i've PET cent.
In lieu Of three IL lie believed there will be general
self widely, aud, while the manufacturer obtains war
prices fof hs products, It works no evil TO hun. With
leave no greater competition from abroad than such
eIiaied prior 20 the tax, the manufacturer suffers no
harh'p except that which arses from the diminished
consumption IN consequence Of higher prices and that
must be charged 10 the necessities " the county The
amount Of revenue which will be DERIVED from this
revenue derived from mposts.
II also proposed to enlarge the scope and rates Of
stamp duties.
Upon incomes the duty has been raised from three to
five per cent and with dihefentis rates, whatever
the amount aud the rate upon the income derived
from United States securities Is raised from aud
half to two and half per cent This part Of the
has been Ia rewritten, and the mode and Of
estimating the duty has been definitely stated
well as the deductions which 20 be allowed II all
we're ready to up 10 the golden rule aud this
were the sole tax would be the st devised
BY the wit of man. Il has been thought expedient,
I therefore, he %
Of his income under sanctions Of an oath
Ia such times as these II Is 10 1e hoped all may feel the
grip of honor not 10 give return 70 which they would
not be willing 70 give an oaih.
There few articles that have been singled for
unequal and heavy taxation. The fact that England
raises lsge revenue from spirits tobacco and few
other articles, ia often cited mple might pro
htaby copy To some extent ihs Is true but there
so many differences Of relative position that cannot
afford 10 follow the example, except reasonable dis
iAnce behind Great Britain Is small in Territory
rounded BY water, and with few ports 0f entry. This
enables her 70 shield herself from an smuggling. For
generations their people have been accustomed 20 these
heavy taxes and they know no other rule and
tent In the Of tobacco. Be- permitted Go be
cultivated there, that the duty Is be seized
the custom m-house. Their excise officers have
fields of duty, and are exceedingly numerous and vgi
liant
Our territory on the contrary one Of great extent
with bays and rvers without number along the
coast aud ior many thousand miles on land with only
imaginary boundary hne lngress and egress is al
most unTesuicted Inc difficulty Of preventing Illicit
trade with Us is many fd greater than with Great i-
tain Make the temp alton sufficient and there pen
y II Who will by and land seek put money
in their purse by he ganf trade or the smugRer Our
Canadian r. nter presents wide field for such opera
tons, aud il will even wih what propose to d.,
qure reinforcement Of the revenue Officers al along
the line. Tobacco is raised IN every stat By our
cprocit treaty oh igrd 70 receive al the tobacco
n the growth Of the British American colonies Tree q
duty In the past that has not been much, but she pres
ert high price may bring It forth within the year IL
will be seen, therefore. that path in this direction IL
hedsed about with dhcuites u the requirements Of
The Canadian treasury should induee their present Gov
IL is not unlihey, advance the duties
spirituous liquors there the point nearly that,
which fix upon here article liable 70 de0aurh
the smuggler a. the who IT, would be Of equal
value both sides Of the line, and presrnt tempa
tons TO Illicit uaihe The committee Of ways and means
have therefore, upon view Of the subject in all iis rea
lions, proposed duty on the ordinary spirits Of te eoun
Try, not Of i've per aa rarea upon other arti-
but q Ave hundred per cent ueon average value.
or one half the rA'es CHARGED in England That Y 70
say from July January aud after that 81 2j
per gallon. This Is heavy duty, but the country viii
hardly be satihed with less.
Upon tobacco after being manufactured the rates pro-
posed are thryhSe cents per pound tof hne-out and
Thirty cents per pound for plug esvsndsh and all other
descriptions save smoking tobacco made ofstemS which
placed a ten cents per pound Cigars and snuff are
also charged at much higher rates than heretofore Is
believed that with the provisions In relation TO these
articles may enforce the collection Of the do les,
aud thus protect the hon s manufacturer BY hunting
down those who would live by fobhing the Government
II tobacco raising confined 70 narrow limits or
raised extensively that the Government could af-
ford to establish warehouse in every district, county
or town. then undoubtedly the duty cuid be more effect
uAy collected on tobacco ~ ne leaf. To do 40 now
might cost the Government either more than the tax or
subject those who cultivate Il 20 so much Inconvenience
in carrying their tobacco dstan warehouses u be in
spectsd and assessed that they would abandon s cu-
tuTe.
Petroleum and coal oil have had long and patient
animation. II is deemed certain that the world al ds
nothing cheap for luminating pu oses Whether Il
Is inexhausube not time alone viii cal Ia the
oil region ptospeciofs do aWass succeed and
when they do after boring several huudFed feet into The
tath the petroleum bursts forth ike the geyses IN lo-
land ard then often soon tires O. it's suoterIAnean ahors
when punip is appli to the we'll. and, though still
yields something u magic and pfoht diminish aud
sometimes subsde Atogether. Nhcn brought INTO use
in 1853 The product about one million gallons In
1858 il reaeh'd IN almost sixty million gallons one haf
of which consumed IN this country and the remain
dor exported There is divers q ofo inon whcth
the duty should be levied the crude and draw
back slio~rd or ON the refined or ON both with draw
back. As there is duun about the Committee =
aye and Means have determuedtn propose tax only
upon the rehned heretufHe This vi most ,ocrpt
sbe majody of ali parties, will be 'nst cas- J cal-
erted Of the rohners. and will nut disturb export
trade matter Of me Importance while so large i'm
pUrtat Of Oi elm goos eagerly received and
for which payment must be made
/ Having doubled the duty on refined coal OIL an in
crease upon gas companies and upon lard oil has been
made nearly in the same ratio.
Upon telegaphc dispatches it is proposed To abolish
stamps and the receipts OF the business for
the reason that stamp duties upon dispatches we'll
be equtbly rated i there any simple mode Il de-
teoon whether used or not The war adds Vtry great
TO the profits OF telegraph companies, aud there no
business which would appear better able TO contribute
pro- er ehare Of revenue.
While licenses have been further extended it has
business profession Of oil parties and 10 protect them
respectively therein but the pee bill is general
embracing nearly ever body aud every body's wife
that IL will yield large revenue from licences
here has seemed to be injustice in requiring The
amount for the license Of a banker who employs
capital OF only $50 900 Of Who employs 81 900 O00
aud have therefore proposed that they shall psy
gessyey ia prop on 70 the capifa used or employed,
including banks Of all descriptions well as bankers
similar principle has been applied 10 Wholesale mer-
chants Those whose sales large will be re-
quirei n pay than those whose sales are
hunted. IL is true that the income tax at last reaches
the merchant II does all other classes, and II his sales
and profits have been large, his tax Is In proportion but
less fortunate nts shbOr is hardly content 10 pay the
for license which trade only of one tenth
te,h part IN COO parison, The man who oecu-
pies whole huoa-d0ing business In proportion-is,
therefore. dgn.hed by higher license than one who
occupies stall,
The principle however, hiss been carried far enough
10 amount tax sales which is easily and often
suggested, but possibly without considering hatt would
obsuot that which passes through mauy
hands in reaching market from distant part OF the
country that would concentrate all business into the
hands Of large capitalists, who would become importers
OF manufacturers, wholesale dealers obbets, and all
dealers all in while the middle men, unable to com
pete would be crushed out of exisence that the
would Ind the cost Of his goods increased that
the manufacturer IN the end would be compelled TO di-
minsh his prices diminish his sales and that the
Government would be unable TO collect the due, except
from those who might choose TO pay. The evils which
would result from sales, II the plan to be
adopted taxing goods in cut pieces instead OF BY the bale