The New York herald., 1864-11-07
The Wovk Before the Rebel Congress.
DIRECT TAXATION DEMANDED BY THE CONDITION OF

kYsEL FINANCES.
TFrom the gichmopd sentinel, Oct. 81
The Honorable Secretary Of the Treasury will OF course,
present eKpcsor OF the condition Of the fnauces ana
the needs Of The Treasury with recommendations OF mea
sures proper his Judgment for adoption These recom
will carry with then much Just influence tor
the Sscrearv has iake strong hold 6 III e ant con-
Cd.,ce ~ The f7rg. Dcvonz bis whole time and tai
ents to the public finances aided by large experience
and established ssgaci,y in business aras, proper
We know not hat particular measures he may recon-.
mend do desire either to anticipate or forestal
them general views, however, which IL
may be amiss 70 notice proper TO be considered
In the Adjustment Of any plan which may DO agreed
upon.
two OF rsvenuelcaus aud taxation Loans are
kiEds-ihe direct. which arises from the sale OF
bonds and indirect. which is made By the OF
paper designed for circulation al nonev. Tue latter,
limit assigned It, which, 1t is 70 be presumed, it has
nearly reached esvng US nothing further to expect from
cae0y among citizens and this for not
Necessary TO be detailed The United states govern
mcn, recognized b. the world, and ah the world open
It's obtain money abroad only al the
ruinous We could rot expect, ia pres,nt
circumstances, effect any cous deraoc loans in ike
tlaces except under inolerasle dssGvaates.s II fol-
lows that we dependent for revenues
well f5r ic,ns as for tixes, on our own people.
Oar u. agnmcat q our finances must be twoold. IL
nuri am Il a navi;aum n revenue with a n.num of
expenditure. foih Of these objects must be pursued.
sypenses We ugst enfeavo- TO reduce expenses within
the limits of ihe
s rlr tv sourc-s OF revenue loans are voluntary On
the part % lno either. white taxation Is Involuntary.
Dan Is Obtained hy Inducements; taxsiion,by demand
Tae g..r - h r,sst, or c.ystre ysiSc and e-peaf.
IL IN N. prea.noe Of feclro N 1a,orou>' dsrps
To taxation IN Its various forms, We must at present
manly took.
srsn ,hst on ttem chiefly, almost entirely. t.
rely 7he oesStg IS upon ~ y IMPOSE iarGc tGSes y
ifa. or a lnaactai ,rUDie, ending ia sabtsaiOi
Let neavy taxes be laid but 10. them be laid dscreey
and IN proporion 70 tho ability 10 bear The present
tsxcs equal n rnint NJ levy or equal according TO
a.tlltv 10 bear THIS Rhould D, Tcmedea. ILe-burden
should lie ailptc1 10 the shondsr when 70 receive IT,
CoEtirue heavy tion hut remove the Inequalities.
Lot "a Ne applied according 70 Just au1 cqus STANDARD
al the ne BE ail bsar great deal without mgrmar
:fo they viii -, II the price Of rcsdon, and
freedom Is cheap at any price
PIT We must not 0 -ly aitas maximum cf revenue
wc must secure minimum ~ expenditure. AH unreces
ssrv ~ pcnses should be diligently sought cut AMI aoo
moneys rud All suspected enbezzsnens, should be
closely aud sternlJ inquired INTO. And where an Queer
entrusted With funds r living beyond hrs sa'sy ana pr
vats means, he snefd be instantly dismissed ior INA.
sancent reason 1o we'd 10 remAia, he will cover up
hs frauds under fslee OTIS aad pernas deei nves.
tiga;ion. but u he Is sre4dios more than belongs 70
him he s clearw cheatrg scmebody. aud m2.t
pfoosoy "a the governusnt put him IN ths
trenches without days oolty. We Do not Know
but tAat i y ID IL wa 10 rave inspectors for
tvh 1hices a. vel .s for tts armies OF ghrcwd
exsu,ins cxhbs. ara uge heir cyes and
! an oOk At sonetnih ha ICES sE .'bts.
But the MAN resotfs lor expenditures Is 10
be sought Ia tie increaxe OF the purchasing power ot
currency From VARIOUS causes. some Of them due to
condition. Q ners due to faults and errors our
currency greatly dorrecated. 20 far correction
cs 10 power aud " % 40 lie to great extent We
1btnd amy H. In our present circumstances can
world bat there . rcse3n Why !, shcui no' BE- valua
ole refc vs n.si increase ne demand ior Il
Sv Increasing nc tess,s''y ior q nisa taxa.
tnr. properly ds'rbued, viii - ier towards
e1ecting III M5n viii resd money. = rot TO buy
to- tgss 70 FHFlsnd, Il ssst 70 paT their iafes ana
10 order 10 gt uey ltcy WI have 20 piod, all they
ep aUs All have il tfO t9ess PRODUCES u..on i5s
ks Aats ~ aad eBG aVss for noneg WI appreciate
A. 80 sa iacresss us rpfcbss'pg power fhs, ~