The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-06-20

/ Inc proprietary interest Of the voters C4
the several States in the II ltiOnsl Debt
will be sufficient forever 10 insure the
prompt stamPing ous of lif. Of all tbs
politics that may dare second expsri-
ment In disrup.ing the United States Of
America. had we possessed 4 huge
debt IN 1856, and had as much of it been
\ dlflsed among the noun taineers and
4 planters of South Carolina as is nov held
in Rhode Isand, ss much in Alabsma ss
4 now IN Indisns, rs much IN CsUrgis As
nov IN MinnesOts, As much n Virginia Al
\ now in Connecticut the War for Slavery
had never have been wsgsd. While hold
! ing the Union bonds the South would
| never hsve msdeWir upon the UniOn. No
practical mssns could hsvs got 81 those
I bonds and taken them out Of the South,
| and sent them here or 70 Europe 10 be
/ csshed, so IS TO have brought tte hyhtiug
4 men of the Slave States 20 q willingness
I to make war on the Government on whose
perpetuity the payment Of the bonds de-
pended. And for the future, thsre can,
be no better gauge and pledge for the hzr-
monious and cooperative lie of the re-
turned Southern State. ard for the perms-
nence OF the restored Union. than the
national diff1s1ou Of the Nstional Dsbt.
c.
cord We slresdy feel its contracting
! pressure from Tennessee, Louizians, Ala
| bsma, S0uEb Csrolius, North Csrolins, and
Virgins, where the sale of the SsTen-
1 Thirty Loan has been published.
OUR INTERNAL REVENUE SYSTEM.
The Internal Rsvenus system We have,
| faulty As it is IN consrivancs, snd Imperfect
in its working through our insxpsrieuce OF
such mschinp, would Of itself suffice to
| raise more than the interest of the debt,
1 and to throw q surplus into the general
| Treasury, if it had the efficiency OF the
| English, French and German mschinefies
of TAX collection. The public will be as
tonished and not content to learn that Of
| the 100000 900 gallons Of whisky snnuAliy
/ distilled in the United States, but 40 00L,.
| 900 pay the excise duty-shst 90 0O0,OOO
! gallons slip through cur collection, o. hide
do somehow gss drank untaxed, CT re-
msnufsc' ured Ia safe defiance Of Law; Ihst
| $4,000 600 from this sourcs, aud most
righteous sourse, of Revenue are yesrly
lost to the Nstioosl Treasury for the want
| of collec,iOn-R sum Of money practically
attain able, that is within fOrgy-fvs miii5ng
] of the whole amount OF the yesr's
| interest on the entire National Debit
| Save this needless waste Gast er the
whole of the income which our tax law Is
/ framed to yield. Cesse to lose three
| quarters, or any part Of L. The power Of
| tue nation, vigilantly and faithfully ap.
| piled, with the aid OF adequa,e penalties
| for the infrac.iOn of the Laws, 10 be en-
forced without fear, favor or sfsetion, is
surely equal TO the collection of every dol
lar OF revenue from system At oncs SIM
| pie and popular, by its limitation TO a few
lesding articles Of production. Revise ths
| excise system itself K1ock the inquisitO-
rial snd annoying features out OF it. Quit
counting the teaspoons Of the people. Stop
feeling 10 pockets for wsiches 10 tax. Cease
this inspection Of buggy wheels, snd the
inspection Of harness, snd the speclscls1
i peeking into the work snd incomes Of tsil-
| orr, shOemakeIs and smiths. Omit this
counting eff on masculine fingers -thss
should bs hooiDg corn, the bcnseas made by
milliners and the msnufsetu OF rainUOw
wrsppage for our dear girls Quit taxing
/ the matches with which people night their
1 candles A great nation should scOrn sucn
sources of revenue. A f-es people should
bs freed from inquisiLion into It's domestic
life by salaried oflcis,s The prioe Of
nation, It's truthfulness, its reasonable right
Of privacy in conducting its business,
should be sacredly snieldel by law. Petty
America should be flung away. To the
utmost possible extent personal annoyance
should be svOided in gathering this income.
The revenues that are collected on tha
hearth stones and in the barn-ysrds-sU
those thst irritste in the gathering and
consequently, demorslizs should b. scorn-
fully abandoned by u, and that too, rigbt
| speedily and forever. Indirect and no. d.
| rect taxation Should be the order Of tbs
day. TIE English have no trouble IN rais.
ing the immense amount Of yearly revenue
required to cary on their Government
| and to keep down the interest on their
debt They wiser than we, get it almost
/ wholly out OF six srticles-spiriss, wine, to-
bsecO, sugar, tea and cCffss. After two
hundred years of experiment in raising
public income, the English bsve finally set
up their principal machinery for its coll
lection in custom houses and distillerieG.
Let Us initiate their proven wisdom.
TaE FOLLY OF PAYING THE NATIONAL
DEBT BY SUBSCRIPTIONS.
Emerging victorious from the most gi-
gsntic war the world hss ever seen, with
the rescued Republic on our shoulders, l.
was becoming ths, IS We marched home
to peace and to labor, some of us should
exultsntly propose to pay eff instantly the
huge cebs Of our great salvation. Twas q
war song. l. was pleasant to hesr. But
the thing cannot BE- done. First, because
the funded debts of the United S.stes are
contracts to paw money. These contracts
cannot be vafisd, except by agreement be-
tween the parties. 1'ns Two HuBdred
Million, OF March 8 1854, redesma a6ls in 10
years, and payable, st the option Of the Gov
ernment, il 40 years, cannot be paitin 1865,
BY the fJrce of patriotic or other contrlbu-
tion of money. The five bundred million
, loan Of Februsry, 1852, Tedeemable 10 i've
f yesrs, and payable IN twenty, cannot BE-
, wiped out BY green bsczs or town meeting
; enthusiasm Much of 1t is held in GeIs
msLy, and the Germans, Ike other people,
, stand upon ths bond" So with the
Seven Thirty loan. It Is scattered from
, Cslifornia to Maine, from Minnesota 70
Louisiana, in sums of $50, 500, and 81, OOO5
. and is he'd for interest, according TO con
tract, and for safety Of investmenJ.
Take up the government Debit Start
cut your commissioners Let them roll
thrice three Thousand millions back and
forth across the continent through the tiers
Of the Ststes, announcing IS they 60: ave
sre here to pay off the NstiOnsl Debt.
: Fetch out YOUR notes and receive your
money! Ifthey efcaped derision, and es-
capped the contumely geudered of the sus-
: picion of evil intentions, they would roll
their globes of c1in back whence they
started, Enlightened by the taking out Of
!, one solitary dollar. Not man upon the
whole line Of their trsns-continentsl zigz a
would jump the fence of harvest field
to talk over the profsred swap of cssh fc1
Govern ment promises. If mother On
the entire line Of their ridiculous pilgrim.
sge sboald stop patiently in her knesdioe
Of bread and mildly talk, she would say
of certainty: 1 had money and put i
into bonds. Why should change my
: bonds bsck into money 2" The logic o.
the people is ever unsns werable. There il
not on this continent y holder Of q Z 3,
nots man or woman, which wraps up ths
saving Of labor, who would consent 10 it
present payment, or its payment ever, ex
j.. cspt under the pressure Of debt, or Of {
domestic need.