Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1867-05-01


.EUAeDfi0n Ofrthe ReFEmuae.
The pamphlet from the non of Edward
AtittnaoD, Esf. or, this = shs6rH;tsr, snb;tact
IS one of the most tl,, tf,,I an thrrSSosyR
b,uerform aneea recenfly ni,t ffoTfI,e in sfilIs
country in the field of poIitiesI eeoIornv-
n is Observation-Disclosures sim ne and l,ciS1 in its
-statements- nhilosanhife. iu its; treatraenf
close and 'coeent in its .reasoniTsg.--ap
. aboundino Win timely, an v0estinnss Il -itG
facts and floures "A wide and "a ref,al read
ing Of this production would be of. Dern1a-
nent poDular service at tue preseot time.'
-s.,s When taxation, interferes, with the free
/. process of production. the revenues of
course Instantly dry up. AS vet. we have
mo system whatever for LAYING taxes The
Government threw its drag-net over ali
sorts and Varieties of property, interests
and catlings. without dfgesting any single
: principle on which q system should be
:, s,.9sa potIt, or proposing any particular scheme
or policy, to which 1t should be made SUBJ
Dordinate.s Wnatever was likely to yield
revenue IN great exigency, was eagerly
impressed 1nS0 tne pubic service, And
efAce then, ali the en0rts seriously made
oy Congress for . fevfsal OF the present not
system nave peen directed 70 looping on
ana thinning OUT ratler than Co classify
ItnK. Arranging haITnOHizfng. ana feduclng
10 Sne slnsllese anu tnRss s4ecttte c0m pass
y11lstoo srlse ~ 1Alo "a ~ 70 ~ 70 oeserye
SPACE tts fsh4 81 ~, A.
tIon eahnoss pass Esnees lin uInlG ss 'Wnlen Y
Srencnes ON prouucs.9n. :" men - tays s.s lGS
hnS en tlsss y. Ssds, Asu - =,
~ - isi - ~
Plo4ment, Y fsn k.ils ans ,gOosS sns5 lays Inc
drstr5 csntsI sbat ~
s sp Ss cHH
tss;,,Sa,s 49,. -. b;sn1,e -
1s,h;sb ;s in fr, a. -
il -as.o s,e 1c e1sls
:. - - - e.e.se = nlel - Sle-S
aONCAeNO W ooS ~ "a -A-AOAoS VI W O1C OoPAT
Sa.S ,..o.P ~ -. = S. q
us y ss y proaaCI
:.ae..id ,,,,a, WSl,n Gn.,a a.
~ II sS !, rTt1 ILL., ssossa
heutiSY@ies @ vi - 4pl:s.A ~ NUS - suSer
Plise, anu tnu9ssIy - 2 t ~
eo.l o..S. vls gss sIl9
say so 1os 1s aooAe III
i.h Fatn tOr tvs iueOuic. Ano nIse ~ aiu lac Aas /,
-Sono!Coh on secgT.ng ample revenues 'S IS
etnae industfy snail De Ioseereo anu prodac7
1aon increased 70 eaS ushloss. a ho says MI, III
AIkanson again, In ene 'same palagfapn: III
tkne eodeetlon o. revenue, ehe tSSoVernn1ene ls
Simply lakes IPQItton % tne ahnuat pI97
7uucI OF tue country lot It's OMh luse--sha
N0says secures 20 user = N oL the re-
SUI OF each man LABOR OF Is l Inc
% mes0oa a.. aoopoeo ~ 70 Impose san elsnef y. ~
tariff upon the commodities consumed by
the people. Hence arises the axiom, that
tstHe consumer pays all tne GaXeS,-an axiom
very likely to nnistead, unless qualined by
the statement that consumption depends upon
pT0dactS0n.p = ~ 20 .s.e ss..beoss
Mr.. Atkinson lays down three funda-
-Eaaettaf principles on the subject OF Collect
ing revenues: lst. that all taxes are levied
upon and collected from production, that
being the result OF labor, set to work by
capital; "a, that 3 - :. tarlH,p which means
tax" is always and only burden to the
10 md h6 a h0hnfif- A~fk1 1of
money is not an end, but only a means to
an end. Employing these, he proceeds to
discuss his subject on all its sides and In all
1ts bearings. PrUtection,f he maintains, is
only bounty paad co certaIn classes, and
10y its interference makes Cne DOdy OF the
dpeopie poorer. If iC enhances wages, 1T
increases prices. IL is DuG a pouring INTO
th3 pond until the new current is spent all
round the shores, and the water is level
again. It lis higher, but it is still a pond
without life and motion. Filling 1t fuller
has not changed its acharac cter. Protection
thas tends TO make nation poorer, as Mr.
Atkinson argues; and he contends with
perfect consistency that we can not pursue
q policy that works in that way. sii3
IA tariff he would, have established foI
purposes of revenue alone. He would keep
nothing but the revenue in sight iLegfs-
latton ia the interest of class he ,repudi-
ates. BoHHties he would never pay. Cap
itaf and labor should have The freest posi-
Die opportunity TO cooperate. All home
manufactures he would exempt from in
terfaI duties and taxes. And with such q
eafff, and the tightening of the burdens
that are imposed on home manufacMtu M res @
heishows how i6 Is possible TO raise revenue
sufffcieat tolcarrv on the Government and
have a surplus capable OF fextinguishing
the entiredebt intwenty- four years. These
bnOadiaBd comprehensive statements he de.
tends, illustratesaude euforces in an original
vet etirEesistible manner III they are SO easy
i. TO refnte and overthrow, then certainly
those who think so need not be afraid tC
seFiously consider them. sai7aesI .sgisred esi
81 How to raise all the money the Govern
paent needs, to meet its current iexpenses
tespay the interest on the public debt, anG
to;establish a sinking fundlthat shall grad
ually extinguish, the same. is all the prob
lem with which wei have any thing to do
and it is one that is, likely. to- engross th'
thought and shape the politics of this ma.
cion for long course of years to come. i
certainly cannes be maintained that sys
TEN Of taxes that only burdens, and fetters
a4ddeadens, and kills, is the one that !
Akely to answer our ends: twill not bt
very dong ins proving itself practically
true, that when taxes oppTess, revenue
groWdlgnGer. sN1oyefnmehG pest. perform
Its f9nctlons wnen ~ lets eapltaif andiaoor
6h4tls Lne elemsnCs OF PfodueIIoa, as muci
alpne as PosslptS. All Ina. Hdotefnmen
feaiAy clatms 10 90 ls 70 correct 10 Great
SINE Mork oL tne peopdIS from whom Tn
revenues are derived. 1nat. is tne Droaa
tions; ana GnaG is tne Posislon OF the au
IhoI IliiS IlS SASah aliet His
ton: .,,
1--WE are boiu' oysql$1oel ellliissioneE I d W w eiie
6aat thefe are not less 5nan iu,UoO olHeren
arIicles Wnien pay internal taxes; oon Wnli