New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1867-12-04

css ~ dSor and of raw material at home aud aoroad'
he revision OF the internal aud the rcla-
Hons Of The present tariff 20 Icyti, ir - inter
65l Reyenne which presents his views m rtElI ~ t
is needed TO relieve me eA,lSC ir r ,firieucy in
burdcnsOme features, ana secure Escai a. NV an 9iIe
ne Standardization Of the law, will be found 10 DE so 0e
md compefe las TO make 10 guile unhcccs7I!, us ud
otcd Tor the Secretary do than to cOmmehu
man 10 the attention of Congress ,t...-,ot
% ,st continue 10 be large. 30 is evident that many
,rtcles now taxable, must be relieved from tiNauel m
snced dnrIcaon OF avoided and the system rem
sered less oDnoXious TO taSpc rs u Is "lo ct
man t rs at present the service Is 10 escape inter ue
ooraiizatiOn The internal revenues Of the past year
onId nave largely exceeded tho estimates but for the
failure OF the revenue officers 10 collect lhe as uu
5istiIled LIQUORS This failure lwel known to the conI
ry and has been the OF deep regret ana nor 4
humiliation TO the Secretary as wen as 10 TIC
The duty upon distilled liquors Is high that there mas
been temptation 90 avoid ITS aymcht Nnc! La and
the officers Of the revenue. A tax OF s. pe Rauid i've
A. article which can be made Tor thr} where
difficult tax to collect, even ~ si1"m rd mon merit
appointments 90 revenue pOsllOu' utl AMI severely
alone and where dishonesty Is pIony rtry so vast "a
punished 10 Is especially dincult III y t influence IL
Inc United states where Pctei arc a a where SKIN in
nOt tG ~ of revenue laws Is not among
ire least decided characteristics ~ the pculS he r
ecfed but he does not hesitate 70 say ihs Ca "a be
meter which has been adopted a lu What il ex
ted f,iu n Inc collection Of so heavy TAX WIN tho
oughness will be Impossible; ue ne shall he
gu,abI,sbed The views Of the Revenue Commissioners
on this point worthy Of especial consideration; On
The necessity Of economy IN the public expenditures IN
tho present financial condition OF me county rs 80 a
parent that suggestions from tne oegreStig oio
needed to impress 1t upon the attention OF Conetss
Taxation is weighing heavily upOn the people anu Ih'y
haveA right TO demand, ana leJ are
necessary burdens shall not be- increased 10y unnecessary
1921 I'D n "a a singular truth that nations which are
T,osy deeply IA debt. and whose HhdlIs ought tClc
iDbe 70 uo Icast economy is Observed THIS truth. in
terestng and instructive TO the people OF inc UhtSd
sIses 40 ' acts that the CONTRACTING Of large public
debts is unavoidaby attended Win imLnuciI , II hoi
with possessing governing power nIye one eiySyTu
der their control land tins is always the case durbg inc
progress Of expensive warsl proper economy Is AFTER
ward exceedingly difficult to be enforced Thus national
debts become chrome and efforts TO reduce them are
rarely successful TIE debts Of nations the most heaVy
burdened instead Of being stationary or on ne
might he In the process II rapid extinction II the same
economy pIaccod now tlat wac niSciieed before
snco mat the debt Of the United states should not
like that Of most other n4tI@i,s' De ~ a. i y bnt
fortunately has yet become chronic ~ was incurred
S mat economy was iu large degree. lost sight OF in
the absorbing public interest which u eNcleu IL rs uu
the pas3 two wears during which, under the most upro
ptious circumstances 1t has been largely dmusnsq,
n O T ttiV Xfn,lsed within tlc present century
II rjrd economy which PERHAPS could not rc practiccd
urpQ the war; and unfortunately has not been prt uceG
nce ~ bereatter faithfully enforced IN an branches of
fin n,ilir service EXtrtyagantc in the administration
Of the Government has not become So hXcd as 10 be
tbS Wav of public economy now, but there may be few
years hence II is not proper perhaps LOT tt
IN which this economy shalt be enforced but he yentIIes
10 suggest That army the earliest practicable mo-
Ineut. bc reduced 20 the minimum required 10 Eslson
forts ana preserve thc peace ON lAc ituIts anu 'iob
the lines OF tie Pacific roads that the expenses OF o
navy he reduced as FAR bo done consistently WITH
tho protection OF commerce ana lc inuhlcdhco "a
3e inlr0dloeo iiso , ~ ,,a,, which yycre Tie un-
Of
grants to railroads. ana considerable donations of any
.hilaCIeI Unit I ~ Ie,.ied f1r tlrir pavlItpt
Lut the public faith does not depend alone upon ade-
1uate laws nor upon economy IN me adminstra'
ION Of the Government II rests also upon the 0bserv-
Of contracts m the spiit rs Wen as ~ he clTr ia
Tact without this there Will bo neither efficient adnhus
ratOn OF revenue laws HOE economy IN expenditures.
Nothing but absolute insolvency VIII save ron ne i1s
1l ropudaOn nation thai do's nor y lS ucpe t'u4,
ing 10 the understanding at The time they were con
Uaese9 Anu Anu "Cr , h frr,5, the VERY acct
u It's own example 70 enforce rs revenue ays; ana ne
iect. How much Of me demoraizauon which, Si9s j.
the failure OF the Government TO redeem the
notes according 10 their tenor Woaa ne h interesting
cation like this IN As report for he year 1865 the Score
tI used the following language hresId tothc Naiioua
TIE m,rt.a,re o. public a ' rational reresy Nations DO
-1ysuces cosrt occurring which ttr richest ili most pow
,,o1 1,y ssi beat Ssr ss ut, Asi ed ,5er .1e ,o
pang ooa srd ie1a a' 20 more ore ss'o.s 70 al sios
,il uouasy airpasat existence d.. 800 he tF Of ne
slueS ssfe Which to 10 condition 20 defend .,.,
....sei slsIe.I ,i Soa csas ,a.Te re- sf,'d 10
aBhl o. their poanisrT ob iuoar Credit to them 90 in.i
qsstea5r e6usdsee o. he people states in .s raol m
great lst,a ll heor< a.au ao! all Harmonious would
Bat gs public l eit, lai.sl Slate l-r conscientious o.
~: 70 s 'apot ao ry o'a t- ...re.i Of ne Ieo
esga created { se l l. s1cry.,'.. T iel q1h.i..t an.
,rslpsto tssf taer,.tSs ne Desatap Of Es TOO
ho has bfea t-til q; j.. overthrow ere TO be % reals
es gelotsr incurred t- Oh. conon GOD r. larens r D., cheer
iA2 Dor ., .s az H. ,.,5 >, , y, p ,t .,
the Pubic debt lsii not That shan be paid according
20 the understanding between tAc Government ana uit
were solicited and obtaiuodl And can there DE any
Do converted INTO bonds or paid IN lawful money, the
bonds shoud nc pa4, prnylii a. Wen q. interest ~
which passed the loan bills ard OF the people Who lur
these bills intimate that the bonds u b issued n
Accordance with their provisions might be paid. when
angie subscriber to to fVt-fwcnty bonds 90 the
yertble into bonds who d.d rot believe aud who was
given Ouuder, aud by che agents az ;e Government,
thar hoih DE PRINCIPAL ana interest Of the bonds Were
tao Dcope Of the United States self sacrificing as
would have sold their stocks, their lands,
the products Of their farms a. tcr factories and tLr
shops, ana invested the plVfe-d' ID hyet8enty bonds
and sevcu threc-teth notes convertible into such bonds,
they lad understood that these bonds we've 90 he re
currency OF the value ~ which they could form re'i-
able csiinntei Would tc secretary VI TIE Treasury. or
WOMB Coneres"hth tAs late gi the NATION MSS ucmb-
ling m The balance ard when failure % Tdiso money
support the Federal Army would have been sue
Co.'S 10 the IcOeuV ana rum 70 Ihe mon cAusc-have
dared 10 aJteupt the experiment OF raising money
sur 1--WE Yeote, n ~ SuIcLc{ ue eohFcilye ldlue ~
Which mLt not depend upon tho Oycncv OF the Govern
oCut but upon the amount In circuatioDq No such uu
dcr-tandng existed, AMI fortunately such expert
fnrut %as Tried: Tho bonds were negotiated with