New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1866-01-30

Tobacco, sale Of. -.-.--------- 4325a4Vo
Gunpovder sale OF. ACKNOWLEDGEMENTS. 25Jo.eO0
SuDdry indirect taxes (not enumerated).. ii5ssooO
Revenue from Algeria ................ 3eJ0,0O0
Income of Sinking Fund l9, l04, $40
MISCELLANEOUS ..--....'--''.-.'.''.''-' h'<<''oOV
VOt0l. Wv
COMPARISON or SYSTEMS.
II will be seen by the foregoing analysis that direct
taxes registration, stamps. customs dulles sugar,
beverages and tobacco yielded more than 20 per cent
Of the whole revenue in the following proportions d.
re taxes IL per cents registration and stamps % per
cent; customs duties (eIcudlng sugar, ~ per cent
sugar per cents beverages IL per cent; and tobacco
10 per cent The deficit IN the French budget Tor leo4
is reported at about 50. 900 OCW
Comparing the French with the English revenue tys
TEN, observe the same exemption ron ta1atlon Oh
home industry especsby Of those manufactures which
find market 10 foreign countries. Land Is subjected
heavier burdens In France than IN England anu ne
freedom OF occupation and action Is restrained D!
heavier exactOns in the way Of hcenses stamps anu
registratiops The revenue derived from foreign i'm
ports rfDg in comparison with the customs
Of Great Britain TIE appettes sDd ndugeDces OF tne
people reached alike In both countries Dy hedVy
on sugar beverages and tobacco and in both the
Post. Office Is made 10 contribute large revenue.
or the two systems the nature and details Of when
we have thus briefly sketehed the English Is the only
one which especially commends itself " the attention OF
the American investigator; and this system tue result
Of long experience in the economy OF taxation sha ma
tonal development and for the perfectng OF wDch the
best efforts Of British statesmen, for at least the last
Quarter Of century, have been assiduously gwen az
fords in The opinion Of the Commission some lhdca'
ons fol- determining what ought 10 he the future reve
nue. policy Of the United States. And In saying ms
the Commission do not wish TO be understood as recon-
mending any seryile imitation OF Details Tor notning
seems more evident than that revenue system Tor
particular country cannot be framed theoretically or
COPIED from any other, but must IN every case oe
adapted 10 the Of the country for which IL Is
designed and the fiscal aptitudes and capacity OF It's
people. , .
Thus, upon no one point writers on the theory Of
taxation better agreed than that taxation OF raw mate
- f.laIa far
experience and practice Of the Government OF British
India In respect TO opium, saltpeteI and bheac; OF
Holland in respect 10 the coffee spices ana sugar OF
Java and Sunatra; Of China with her tea; Portugal
with her wines and Peru with her guano 1t would be
hardly the part of wisdom and sound policy for the
os,c, ~ sytcIes ~ which ihey like the nations re-.
ferIed TO- have also virtual monopoly and for the sup
ply Ga wnicn JULIET ~i'''0'''' VIM" VIVA
P"N TINT Y.r,ov,, pvvryup sysryx
IT.. s,a'naass n,,ha rrasent r.yenne system ~ the
S.os 10 donbtIess ono of he grestest imperfec-
,on and nnjer IL the exemption of any article from
.,ous, quo ,he ercsntou ratbsr than tbs rule.
system OF 90 Of Sprlcstidn Of
ens ono, ~ 90 . 80 q. 81 nn5,e confinement of
taxes "nSo ~ u 70 ~ a. end consnmntion
prices; auecIense po.n ~ os,.,.on of Iporta
ana conseqseInuy VI as I'D Isras increase In
.toDs a w. sna arnansa ~ n. ne collection
'n9 t - ,h int,soos inanenne NJ this dupca
In respecI " tue 'nJuiious - ,r ,hsf,o,'
.Gn o. sneaS TOO strongly It's effect has Ell
,rNu |. ~
READY Deen moss ~! - nea,ad c,icas ami
I ,tg ~ nan brsnches ~ Industry and with
asn,n ~ The trade and currency of the country to
" n,oxmst,ng ia normal condition IL must
~; rsIonmant nrove Mghly dsastrous
py 81 s Of taxes in sustaining
prices is also in the opinion Of the Commission far
greater than those not conversant with the subject
generally estimate.
COMPOUND TAXATION.
Under the operation Of this law the Government now
levies and collects from TO 10 per cent and even ~
4 mat per
Industrial product In order TO July understand he
reason Of such conclusions 1t must be borne In mind
that but comparatively rev. producs Oh o!n Of ne
cess but that the finished prodact Is almost awnys an
aggregate Of several distinct and separate manuacur
ing processes. ,
On cotton fabrics the tax now levied and collected
ranges according to the quality OF the goods from 10
| IA cents per pound
On refined sugars the tar on gross SAFES oy reason Oh
an inequality Of adjustment between the tarn ana the
excise is now claimed to be nearly equivalent 70 al inc
additional value conferred upon them IN rennng Dy al
wagons locomotives, &C., might equally well be cited
| az Illustrations.
Such system as this violates all the fundamental
neither definite in amount equal Ia application,
convenient of collection While this system prevails
i msr 70 s2a 9,
| contraction OF the currency.
| A similar duplication of taxation to that above de-
scribed must in the opinion Of the Commission. also
attend the adoption OF sales, which at present
| ,eeps TO find much favor throughout the country.
Tbs Commission add that at the present time the one
article which above all Others would seem TO be Pc
culier nroduct of American industry viz, Websters
Snaninr Rook IL now being printed in large quantities
| "a Iondon for the nae of American schools
Il" .ruv,,rr no,,cv
| PROPOSED NIEhfAL hLs hNoE foLioi;
In respect TO the evils arising RON excessive duphca
ton OF taxes under the mtein Ie.enue Sslen anu
from lack Oh equanha.lon petWeen lIe ,aIin apu o
excise II may % urgcd, aat n9 iO h tiT
diheaIy Is mos. "as srmsneDt mes.nre there are
10 inns however, as Pinaannnh o. ,ba Iss ~ email
most serious opJscuons, 90 'uo ias "a