The sun. [volume] (New York [N.Y.]) 1833-1916, 1864-12-19

Manufactured articles ,slso nIed) and raw pro-
duce tnot tsxe'lJ.
As for "sknning the same rabbit twice " tho
woRIp proposes, as we shall show, 70 take from
the animal grea, deal more than the fur and pre-
vent II from growing again. But advocate Of
the system Of taxation n sset proposes W maintain
the present mode. On the contrary. they desire
q radical change. The new system IL chief
ly urged on the ground tina, II will ultimately SUI
peroode the old I, may and probably will be ne
cc-ssry W msintsin the double form Of taxation,
until the superiority Of the new me,hod shall have
been more fully dsmonstrsed. But this tenpora.
~ double burden will BE- = MINOR evil In compsri-
son with tho ineresscd 'nSes upon production or
goods In bulk advocated by the woRLn and some
Of our financial wise acre, In and gu, Of Congress;
Says the World
"The tax on salcs will M, touch the great bulk
Of the Consumers Of raw produce"
When our contemporary demonstrates how "the
Consumers Of raw produce, are more amensble
under the present mode ofa1ston, the force Of this
remark will 10 more apparent
But IL IL useless 10 proceed further The whole
Womb 10 infected BY the most pernioious ideas rs-
spcciing taxation. Even it's financial editor, who
might be supposed TO entertain some sound, prsc-
ticsble theory upon the subject Of tarsnon, sup
ports sens,or DooLrrrLS's absurd plan Of taxing
incomes, railroad and ferry fares twenty-five per
cent. This brilliant finsncier states;
In this crisis Of the nations fate the rich men 81
the country ought 10 be the first called upon 10 SUP
port the war expenditure, II IL quite certain tina,
tho rich are daily becoming richer and the poor
poorer, and II Ia also quite certain that this rcrol
tionarp policy Of taxation will make the Govern,
| ment exceedingly popular with the impoverished
| masses who do not enjoy incomes Of $4,000 and
| upwards"
Tia, Is to say-drown the seed corn--snnihilst,
| capital; destroy tho sources Of employment and
industry, and beggar the nation at once. ~ revo
lutionary policy" truly that Is far behind inc Mex
can system Of '1oroed loans" and likely TO lie at
tended by the same results II Congress should II
mad enough TO sdoptt.
Tho WORLD intimstee that II intends 10 favor N.
public with an argumen, demonsuating tina
''whstsver may bc the merits or dement's OF th'
scheme II Ia impossible 70 execute It," This mus
be the famous old 'reservo reasons" which ou
contemporary has been thrsss~ning us with TO
some time past. But IL will strike common -sens
people this argument, should have been advance,
FIRST, In place OF last. II tho tax on sales csnno
bc collected, there Ia an end Of the Who'll
matter, and our heavy neighbor hs
wasted an infinite amount Of thunde
upon nothing. The position Of our eontemporsr
reminds us Of the hslf-crazy Connocucut lady W.T.
wrote book To provo that her illustrious name
sake, Lord Bacon, was the real author Of suAE
srEARK's plays. The poor lady was not sufficient
domented to be quite satisfied with the conclusiv,
| ness Of her own arguments, and summed up he
statements by grave announcement at the end {
the volume, that after oil. the convincing Al
gumonts were held 'in reserve" aud would b
published at future period. The hslf-insane lad
died before she could publish her strong point,
The moral Of the story Is clear Unless our con,en
! porsry hurres up wi,h It's reserve argument
against the taxation Of salos, they may arrive 4
late TO arrest the legislation Of Congress upon II
| slbioct