Daily Davenport Democrat. [volume] (Davenport, Iowa) 1864-1874, 1866-02-01
New YoaK, January 20.

NEw Y0RK, January 20.
The Official preliminary report Of the
Revenue Commission Is published. The
Coumission has adopted the plan Of taking
up specifically for investigation those sour
CO Of revenue which their own experience
md The experience Of other countries have
Indicated ~ likely 70 bs most productive un.
der taxation, and most capable of sustain
ing ito burdens. The result Of these in
vsstigations they propose to submit in the
form OF independent and special reports
The Commission complains Of the imperfect
and incorrect statstics furnished them BY
the Government bureaus, and the great dit
hculty experienced in conducting their in
vestigatious, owing to the abnormal and
disturbed condition Of every branch Of trade
and industry since 1861. the frequent alter.
atoms Of the tariff aud the inauguration Of
the internal revenue system.
ANTICIPATION o. ADVANCES IN TIM
TAHITI.
Many branches oftrads and industry have
besn curtailed during the period from 80 "a
% per csnt. Every advance made on the
tari9, and in the excise, had been anticipa-
ted BY every class Of importers, dealers,
manufacturers aud SPECTATORS, SO that the
Government has not tested single one Of
it, legitimate sources Of revenue. The Com.
mission estimate that on July /, 1864, the
date when the advance on the tar Of dis
titled spirits Of from 60 cents to 4l.6O per
gallon took effect, there was made and
stored, in anticipation Of this advance, at
least a. 200. 600 Of gallons, or . quantity
sudicient to supply the wants Of the country
for ct least year in advance. or LIQUORS.
It 10 estimated that from 10000, 900 or co.
OOO,OO0 we're manufactured and stored in
the city Of New York alone, In anticipa-
ton Of tho tax. The stock of spices i'm.
ported into the country previous to the ad-
vance Of TIE tariff was also, probably, equal
to nearly two years. supply, while, in the
case Of the insigni6cant article of matches,
On which the tax was only one cent. per
bonohs the stock accumulated 10 auticipatiou
fthe ta1 was 20 large that it has not even
q the present date, January, 1856, been ex-
hausted.
our PRRssNr sysrsM Or TAXATION TOO
The committee then gave en- sccount Of
the revenue system of Great Britain and
Francs, and the per centags yielded BY
each item 70 the revenue. Tho Commission
strongly condemn our per cent. system of
revenue, aud regard it's diffuseness q one
Of ite greatest imperfections. A system Of
taxation 50 diffuse - the present one nee.
eesafily entails system Of duplication Of
tAxss, which, in turn, leads to undue en-.
haneement in prices, decrease both Of
production and consumption, and, conse-
qusnsly, Of wealth; restriction Of expor.
tation Of foreign commerce, and large in.
crease in tho machinery and expense Of the
revenue collection.
MANUFACTURES 10 BIZ ENTIRELY ExsnrrED
vRoA DlRRcT TAXATION.
Il cannot speak too strongly Of the iniu-
sious influence Of this duplication Of taxa.
ten upon the industry Of The country.-
The influence Of the duplication of taxes in
sustaining prices 10 also, in the opinion Of
TIE Commission, fAr greater than those not
eonvsrsant with the subject generally esti.
mats. Were The price Of gold and Of the
national currency made at once to approx
ulGkes I'D the present vsvehus systeD 10
continue unchanged, It would b impossi-
BE for prices Of most products Of manu-
0ceuring industry 70 return 70 anything
1tke their fossnes level. II suggesting rem.
edfeo for these evils, the report aays: "iu
respect y tie evils arising ftbm, e1eeesive
duplication Of taxes under the internal rev
enue system, and from I lack Of eoualisa
teea esswssn the tariff aud the excise, .
semedy. IN Tie opinisn e IT, Commission,
oneold b sought for 10 such . rsv,sion Of
9e3eessnt intesnal rsyense svsteA ~ will
- % an entire exemption Of the manu>