The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1866-01-30
THE REPORT.


The revenue Commission appointed by the Secretary
OF tne 10 accordance WITH tne PROVISIONS OF the
such modification to the present law as may be
saiy 10 order 70 supply inc wants OF the government
nrss INC SECRETARY tue treasury
ine hrst wenty-IouI pages OF the report are taken up
wn descrpuonS OF tne revenue system OF other coun
Tries, especially Sreat bri'aln ana France q "a aisoa
iu synopsis OF ne present system or internal revenue
IN TINS country Inc commissioners then take up mat
tiers OF great interest to every citizen OF this republic
and commence with the improved revenue policy.
PROPOSED kEvtSus Foley FOR THE FUTURE
,dn fsspec. 70 anc sv arsng rom excessive anplca
uon OF taxes undcr the internal revenue system and
rom lack OF equaLaiion between the tarn and the
eMc,se ~ may De urged that the remedy Tor the latter
thus however, az permanent measure there are most
serious ooections nasnuen as the iack OF equalization
tons, but very general, and will be and
exensve a. tne value currency approxmates TO that
y eoa wne an increase IN ts tarn suhclcnt TO remedy
PIonunoIy 1r ~ eas. 30 nlgn as 70 invite continued
asssus aepve y o, al elements Of stability, and IN
crease tue business Of me contrabandst The remedy,
therefore ior the dmcnilies above pointed out and illus
s.2, 49, , ~ 49, ~ an n'ances wnich nave
IDLY, ~ % lo ~ G "a ne framing OF the
-" - VIZ ,. ~ v. s"e . m,ssaon, 20 sought
~, ~ sun ~ =. =, me prescn. ,n'erna revenus
sscs,,ns ,ndms,ry ~ IL Tn,sd s, 1 =. 'nr nsnu.
s9 's.ss.t s sHa eI nlaors 'ooaeco ana
ri..aO 90 wrpas,,.,,na'x ps ~ lnls .ne com-
nowevs, Tue ssssnue aerisea rom the excise on
.ne lnaustnai pfouucus OF the country amounted 70
,es.y sisy -. III " Wy k,ons lu.ensa r.'enue 10
To-, "a ar, - jul, s ~, ,sss ps' o 10 tscs ana 70
~ 49, ~. -, ~. :, eslusn. .nst rsascsi
o.ssns ~ " S n - ,. snoaM ~ DC made ~
vnos Wv s,i, ~ ~ expcnencc eatishes
~. ~ e ~ ~ suouc oae, ana Iess ou3cct.ona-
co,rssnond,n. ~ ,h. ,.,,rc'sss " pfoouce Scvebue
IT, lsassms - =, '' rns ,ealna W. s,a
A, o..s% 49, ~ ,eneuy nc uimcuee growing out OF
me peecn onpnoaon Of taxation and want Of equalisa
on pe'ween .e excise ana tne tarn oy spechc enact
mcn.s VI cnemPuons, ~ nas pcen proposed by eone
wou'u, uo cpinon OF .ne commission, De impract-
saoIe shu Noula CROWD the statute book with such
nns a. ns would render the law exceed
nay uns , y, oomp,sncnslon, ana open the way Tor
n".e kas..e Ilauas tnan are now practsed The evil
w ,ausa' 'ne Icueuy must sso oe RADICAL
bvA'hk csen upon tne nistofy OF TIE conn
~ Ut 'ns Ias. quar'e. o. = century, We IND that,
uuns .ne aecane from issv 70 1860 the population OF
he United stales increased thrtynye per cent. while
ne national wcan curing the same period, experienced
an increase OF eghsy-nine per cent During the merit
oecaae rom 1900 70 1850 the increase OF population
was tnir'y-nve ana onenftn per cent and OF wealth
over one hundred ana twcnty-six per cent Now with
Out undertaking 70 deduce any estimates OF the future
from the past the Commission, nevertheless thnk;they
are warranted IN asserting that tie circumstances favor
ing he future increase OF the country both regards
population and wealth, ind no parallel In the history
experience o. any other nation and IL need hardly be
,nsuishment Of the national debt in comparatively