Pomeroy weekly telegraph. [volume] (Pomeroy, Meigs County, Ohio) 1860-1866, 1865-12-28

two great desideratums have been attained
with great perfection, knowing just how far
to 20 and when and where to stop,-whilc in
the United States, home industry not having
reached the perfection it has in the old world
and the tnct in assessing and defining taxa |
tion being not yet fully attained, it is MOTTO
be wondered at that considerable patching
and mcnding shall be required from time to,
time until our system shall become as per-
feet as tits mt the present time in Engla.d.
In regard to that portion Of revenue which is
raised from duties on imports, VIC see thstf
is proposed to abandon the old system Of ad
ralorem duties, and to substitute that Of "spe-
cifc duties,'' which is not only deemed more
just, but profitable to the Government, the old
one opening door to fraud on the revenue,
amounting to millions Of dollars in the year
to the Government ...,s-..,..J J q, ,as.
The exercise on the part Of Congress, Of a
proper discrimination between taxation on
imports and on the industrial branches Of our
country, has perhaps lperplcxed this body
more than the exercise of any other duty re-
lating to finance: On the one hand if they
pile up the duties on imports too much, moth
ing is more certain than the industrial branch
es Of the country will advance their rates Of
charges in proportion and sometimes to the
great detriment Of the consumers and so on
the other hand if the reign shall falltoo light.
ly on duties on importation, the advantage
lis seized by foreign manufacturers to glut our
market, and thereby paralyze all home indus
try, MS frequently heretofore has been the
case, and which can readily be done by a
country where labor is chcap-Congress there,
fore in the exercise of this duty, cannot be
too vigilant in her discrimination between
these two great interests, balancing them just
so that she shall not only realize revenue, but
at the same time cherish home industry in
preference to foreign and pauper labor hence
when in pursuit of revenue, which we udmit
Just now she wants, if instead Of increasing
her tax on the tun of iron the sum Of one
dollar, which she did last winter and thereby
disturbed the whole iron trade Of the country,
she had fixed it on the imported article, OF
have divided such sum between the two in.
terests, thereby sustaining the status then
existing, it appears to us it would
have been more just towards this branch Of
home industry, and less inviting to foreign
competition: whereby oar interests suffered a
two-fold injury, first from extra taxation and
second from foreign importations: and for re-
lief, are now very justly looking to The pres
crt Congress. '',.-, ).
On another occasion, Congress by the ndop
ton Of a converse rule, embarrassed consum
ers Of a certain article manufactured in thi
country to a great extent in her exaction o
enormous duties on the importation of paper
giving the manufacturer monopoly which
is most oppressive on the consumer and pub
Usher, including the general and State Gov
ernments ...s. 3D..
The present Congress we learn contemplat,
remodcling her whole system relating to tax
alton, and in doing SO will doubtless correc
these glaring Inconsistencies, and keep th'
rein on all subjects of taxation, taking car,
all the while of the industrial pursuits of til,
country. .r.s ...