Green-Mountain freeman. [volume] (Montpelier, Vt.) 1844-1884, 1866-05-16

containing an estimate, maoo with the elu u
the Office Of the Commissioners of Internal Rev
enue, of the reductions appearing to me likely
to occur in consequence Of the present revision
Of the law. Other gentlemen may differ from
me and count upon greater compensations to
commentaries these reductions but l never
found tina. sanguine financial predictions were
safe for legislators.
In our list of exemptions We strove to reach
earliest those articles upon which reduction OF
cost would bring relief to the masses OF our
Peep and those which are produced with such
lean margins of profit to be opposed and IN
danger of being annihilated by even so small q
tax as five or even three per cent, when Is not
unfre quently, upon branches OF .iustry closely
cornered by foreign competition, in excess OF
what may be considered regular and satisfacto-
ry profits.
/ know that many gentlemen will render val
liable assistance in the progress of the bill, and
all will feel bound 10 show that they are alive
to and not unmindfu of the interests of their
res pective localities, and some may wish to
press amendm snts giving such interests further
relief; and it is but fair to allow a prominent
rec lrd of the fact to appear IN the GLOBE; but
if the House shall reach the conclusion that We
have proposed measures which will reduce the
revenue as much as it will be prudent to do
TINS year-keeping in view the unestlmated
|
make upon the Observation-Disclosures IN the
| large operation of funding our national obilga-
tons so that they may bear the lowest rate OF
/ Interest that fifty millions now may be more
/ important TO success than Two hundred millions
at later period trust that the good sense
/ aud forecast of members will lead them to vote
down propositions for essential changes.
| The result of the labor of the Committee
Ways and NJ cans is, that of the headings in the
Commissioners report OF the receipts from
srec6c and general resources" fty-nine GU,
of two hundred and sixty five will no longer be
required, and the number of articles released,
| in proportion to the whole number remaining
taxed, lie still greater.
The law au horizing the Secretary of the
/ Treasury to assign TO the Bureau of lntsrnal
Revenue a sufficient force to carry it on will
expire by its own limitation on the 1st OF Jui y
next, and il therefore becomes necessary &c
! make some arrangement for the permanent or
yanisation of the bureau. 1t viii te seen that
] ne Dill makes provision for this object. III
! operations OF this bureau are now On so large
a scale to require the services OF able, Clear
/ headed men, trs med TO business and of unques-
toned integrity. Such men in this country are
highly priced and command the highest salaries
paid IN financial and commercial employ ments,
| and unless We tx salaries at an adequate OF
competing point We shall only command the
services OF secOnd-rate men.
Inc bane of the Treasury Department is that
so soon officers receive the stamp of its con-
6dence they receive loud csl and the offer OF
more pay to go elsewhere. The best officers,
are, therefore, often mere birds of passage here
to-day but will be gone tomorrow. The Blu
reau OF Internal Revenue. it is quite apparent,
! is deficient in executive force II is imp 5sslbe
that the Commissioner, however faithful and
Z |
should be able TO consider all the comp.icat &c
cases daily arising for investigation IN the adj
ministralion of his office, and We have conceded
not only the prOpriety ut the absolute necessi'
ty of reinforcing the office by TWO ad iItional
deputies and one solicitor.
! Notwiths landing all the disadvantages We
have labored under 10 putting new and untrled
laws suddenly into operation, II s gratifying to
find that The expense of collecting the revenue
has been far less than antic pated-nc,udIng
every III ing except printing done by the Public
/ PrInter-4m ountiBg, IN 1865, to no more tn n
two and sew nty-tive one-hundredths,o two and
/ three-iourths per cent. This contrasts most IA
vorably with the cost of collection in Greal
Britain, where, after years OF experience, the
cost varies from four and one-q quarter to i've and
Ihree-tourths per cent.
The services OF the gentlemen employed on
/ the revenue commission, | have no doubt, are
be by the country, and The Committee oi
Ways and Meaas were unanimously believe,
of the opinion that this KIND of service shou q
not be entirely discontinued. Believing tina
at least one sirnIlAr officer can be prof ably
employed permanently, they have added l.
secslon to the bill for this purpose, and have
no doubt il will prove wise economy 10 adopt
aud continue 1t long may be com
PEELED 10 raise anything like our present rev
enue from taxation.
The military power of the United States
needs euloglums from any quarter. Its
supremacy at home Is not likely 10 be ques-
iioued, and when 1t Is challenged elsawheie II
will be time enough TO answer back. Its n
nauclsl power, also, IN the agonies oil
clvIl strife, has been vlndica ted. No stain Of
dlsnonor rests upon Its credit Every promise
mas been kept with entire good faith. N
creditor, holding the obligations of the IA
Il n. has had TO do more than ask and receive
No faithful soldier has closed his serv ce with.
cut receiving at the same moment with his
honorable discharge the last dollar due. l.
there Ihen,any lurking danger as TO our presen
and future financial condition The coEhdenc,
of the people IN their own Government canno
De shaken the ylgor and elasticity of Amer
can industry is unrivaled our resources
abundant to-day, will be greater tomorrow
no empire, ancient or modern, ever received
ualIy VI Annually, revenues oI eQual LIaShl
tude, and the wealth hidden IN some OF GU
single mountains, II Ii could De placed in sh'
, balance, would make our national deot kic.
the beam. Where, then, is the cloud NJ
bigger than d man { hand liz rises only II
{ that quarter from whence dIsloyal representa-
lives may come. Open and Inchoate repudl
, ators lust Tor power Save us from these AM
the United States Governments will survive
with It's credit ard civil glorIes radiant will
youth and the fame of ages, long after sh
final chapter In the history OF antlrepublica
, 20. ernments shall have been written.
APPENDIX.
Estimated reductions on articles exempted an
partly exempted from tar.
Animal Charcoal $500
Alum $40
$40
Barrels, casks, boxes 2S0,tt
Blooms, slabs, loops oO W
Boots and shoes 400 "
; ; Sheathier ana yellow metal zoe, OF
ButIdIng of aii kinds, burr-stonss,
grind stnnes, monuments, roofing slate,
: SLAMS anu tiles 10000