The New York herald., 1866-05-08
w ASKING ON.
CONTINUED FROM THIRD PAGE.

sasad Cost Of a ION of iron nut in So so as ,he IN.
creased cost OF whskey, and the emp,oye. ,blu ~ a
no doubt 20 increase the amount @ hs ~ niuny p&ay &
roll 10 cover this new item in cost OF ivlng IL may
be Inferred that the consumpsn oi hquos ~ % ~ ~
saw has NOT been nosslbIy cannot be- collected The
great termination Illicit disillation anu 10 Smuggling
inch arises in cases of mpos on oil nigh duties on
cano,. as far tbe epacmenEof stringent, almost des.
not laws not merely for the pun snment oi fraudulent
practices but for the protec.%9" % " su nSness
and distle, The carrying OF WOOL out OF the Kingdom
was formerly ponished IN England by the imposition
Of heavy penalties ana c"s. we maze found mat
nIled with whiskey by their reckless parents
can only be suppressed by heavy penalties and
by their prompt enforcement That large trade has
been carried on the past year in the manufacture OF
small copper stills there is abundant evidence If these
should be suffered to used candcsncy II is to be
sppreheuded may have the design only would
thc government be deprived Of lags amount OF reve
nue. but public morals would be mors or less debauched
The Committee of Ways and Means recommend with
notifications, large part OF the changes I'D the
w to spirits proposed by the Revenue Commiss oner
IN order TO increase his efficiency. u is believed that
the country well Congress are In favor OF obtaining
the maximum amount Of revenue from sprls,
and that are not so eager 70 reduce the COST Vi
intoxicating liquors to be unwilling to wait until ex,
perience has fully tested tho policy or impohcy oI
the highest rate OF taxation as nov hxeu oy aM.
understood that the method OF mixing wood acid Win
alcohol practsed in England, so that aicoho mlsnt
DC used nfhe arts and manufactures, without paying
any tax has proved failure, II having been iound has
such mehylated spirit can be rect,fod and made into
pure spirit again without any offensive smell IL any
chemical preparation could be found which would ac-
Comosh this object its discovery and adoption would be
= great relief to many legitimate branches of arts
and manufactures The Committee Of Ways and
Means have proposed some notifications OF the
tncome law, but have not reached the conciu-
sion while the industrial employmehss i,, mus mus'
that can yet be dispensed with By its terms as orgi
nally passed II to expire in 1870, and thus tenn
porary character put upon its face In our great
emergency il contributedno TO be returned again with
Interest," larger amount than the richest banks in Eng
hand would loaned to at sixty per cent dis
sount Our loyal people paid the income tax of 1853 in
June, of $40 14o, 4l 3S cents and then estimated upon
me same list they were called upon IN four months 10
iributing S2S, ,929 312 Again in 1894 their income tax
foots up $4,000 900. ] point 70 these facts not
only as proud evidence Of their patriotism
and wealth, but proud evidence OF their
strict integrity Of character strong as the temptation
might be for evasive returns they might be in
consequences of swift pursuit and contumnous exact
aess of the gatherer They paid more In 1868
anon the second call than upon the first Their country
as in need and the greed for gain could not tempt
che American people to delraud their government The
law left almost to the conscience OF each man as to how
much he should pay, and all seemed 10 vie with each
other to who should pay the most 1qucston whether
people paid tax more honestly and accurately
and question still more, whether any free people
imposed upon themselves through their chosen represcn
taves thick and fast II income tax should
DC contemplated as part OF .ne pelmah,nt poncy % oi
various and perhaps fundamental amendments. The
sbecuons TO such laws are sufficiently obvious First
Shey nqusitoral Of necessity in their character
and Americans like people elsewhere though not averse
he knowledge of the secrets Of Others quite
willing TO disclose their own. Among commercial men
such disclosures may be disastrous If they show
prosperity they excite envy and greater com
petition or II they show any remarkable weak
ness they damage credits Second, the tempta
Sun 10 make statements and lend to these state
nents the sanction Of an oath tends to undermin,
public morals until men begin TO excuse themselves 70
ther wrong doing, because beng so common tina
r. do otherwise would be to fail in average smarhcss
Third when take into consideration the sources from
which income Is derived the habtudes of the jneren
persons who pay the tax the difficulty of appotoping
% each will paid just proportion TO ever
ether person. leaving each relatively the same cond
Hons, the perpexiiies become almost nsarmountable
Entertaining such views, and the pressing exgencics hav
ing passed. we have undertaken to lessen but not b
entirely remove the weight Of the income tax. To tbi
end propose to exempt the first thousand dollars
every from any tax and only TO reach any oxces
beyond that amount This Will increase the exemr
frsm six hundred dollars to one thousand dollars. ES
aotly how much Of reduction 1t viii make 4
our pts cannot be foretold, but probably nc
over from ten TO 1fteen per cent, while
is likely to diminish the number Of person
taxed nearly half Ii IL should excuse fifty thousan
persons, then The reduction would amount to mllio
dollars for every such nfty thousand persons There Is
perhaps for excusng any portion OF tn
income of any from the tax except that OF the hard
ship or the inability OF persons with limited income
spare any part OF IT, But in republican form of gov
ernment the true theory is 10 make distinctions t
persons in their rates of taxation recoenzing no elias
for special favors; we ought not to create class o
special burdens Pursuing this principle, the majority
Of the Committee OF Ways and Means have agreed {
that portion Of the bill which makes the income tai
after this year uniform one OF i've per centum upo
the annual gains The loss to the will be large
about $l7, 900 900, and it will be for the House to sa,
whether the bill shall stand as reported, or whcthe
relief any other direction IL urgently demanded
In list of exemptions to reach earlios
shose articles upon which reduction Of could brn
relief 10 the masses Of our people; and those reduce
such as have so small margins Of profit ms to b
oppressed and in danger OF being annhla ed by
umall q live three per cent, which tax i
not unfrcquenty In Of branches OF business closely
covered by foreign competition in excess OF what may
be considered regu and satisfactory profit The
military power OF the United States needs culogizine
from any quarter Its efficiency at home ~ not likely
% be questioned; and when II IS challenged elsewhere
power also in the agonies OF civil strife has been
vndicaed No stain OF dshonor rests upon It's credit
Every promise has been kept with entire good faith.
No creditor holding the obligations Of the nation ha,
bad To do more than to ask and receive. No iahf
soldier has closed his service without receiving at thI
same moment tn his honorable discharge the last dol
lar due Is there, therefore, lurking danger as
our present or future financial condtonS The
Of the people In their government cannot bt
sbaks n. The vgor and elasticity Of American indus
Try unnvac Our resources, abundant to-day, will b
greater tomorrow. No empire, ancient modern,
received. daily annually revenues Of equal magni
tuds And the wealth hidden in our mountains II i
could bc placed IN the balance would make nationa
acht kick the beam Where, then, rs the cloud bgge
than mans handS II rises only in that quarter iron
which disoyd representatives may come, open an
inchoate repudiaior lustng fer power save us frou
tncse, and the United states government will surviv
with ts credit and civil gores radiant with youth an
ehe fame OF long after the na chapter IN the his
ery OF anttrepublioan governments shall have bee
Mr. R.yxcSp next addressed the House lie cxprcsse,
Gle belief that Congress should begin at 10 max
s'me appropriation for paying OF the principal Of th
eascd from year 10 year as the system Of taxation
b. perfected and as the Industry Of the country ma
gradually come 10 adapt itself to the principles Al
stnual revenue OF three hundred aud twcnty-iour mil
would be required 10 meet the expenses OF the gov
DIT That deb,, great as n was, was not greater thai
the people could bear, and would bear chccrfully an
ly, because Il was debt incurred by the peopl
h.clyes and for the people themselves an
the objects the blessings OF which the pee
uow enjoyed and would enjoy for all tim
cine But In adjusting the great burden
snphid be adjusted 40 that the people might bca
,.sly, 80 that II would not cripple their energies
t'9ld be put where could be best borne, not wher
b. you'd rest with heavy INT; il should le place
their backs, aot 10 their The two great source
r. ~ winch the revenue was 10 be collected I'm
= ctetary OF Tue Treasury enumerated tie revenue rou
customs al oue hundred millions; but he t'ir RAYMOND
thought that II estimated small and that Tho an
ts imports would be more likely 10 reach one hundrs.
and hty millions Tho bill before thc House propo-s
o. raise two hundred aud nfly millions each 'ycr,
Bt proposed 90 refer briefly to general prtn
sirios which sAoid guIde Congrss IN actin