Clearfield Republican. [volume] (Clearfield, Pa.) 1851-1937, 1868-09-17

Facts FOR ihe People about Tares

: or MISSOURI.
Facfs for the People about Tarcs
The following statements with ref.
erence TO our financial condition are
derived from official sources. They
may be relied upon, and every tax.
payershould carry them in bis pocket
lst-The amount of money collect.
ed from the people by federal taxa
ton from July, 1865, to July, 1867
three years of peace-reached 81, ,594,-
ia, 900.
2d-The taxes paid by the people
pie into the federal treasury for the
year ending July, 1868, were over five
hundred and sixty millionsj for 1867,
over five hundred millions for 1868,
lover four hundred and seventy mil.
lions.
3d-These taxes are in addition to
all indirect taxation, such as taxation
on the necessaries of life for tho pro
lection Of manufacturers, for fees to
office holders not paid out of the
treasury, &c, and to all local taxation.
They are also in addition to the i'm
mense revenue derived from the sale
of property accumulated durinq ~ q
war.
4th-The direct tax paid into the
custom houses on imported goods the
past three years amounted to more
than SEVEN HUNDRED AND TWENTY
Five MILLION DOLLARS, all paid by the
people who used the imported articles.
5th-The expenditures Of the gov
ernment during these three years, in
cluding deficiencies, equal the whole
sum of taxes collected
6th-The federal taxation Of the
past three years has averaged over
s34 to each man, woman and child of
the whole population, while the aver
age taxation in France for the same
time is but s22 to each individual, and
in Austria less than SIG, and in the
last two countries the local taxes are
comparatively small
7th-The national debt averages
nearly half more to each individual
of the population than in Franco, and
is more than twelve times larger in
proportion to population than that of
Prussia.
sth-The nearly sixteen hundred
millions in taxes collected from the
people of this country during the past
three years have been mainly collected
from tho pockets Of merchants, me
chanics, farmers and laborers.
9th-To pay the principal Of the
debt according to the Radical pro.
gramme, would require moro coin
than now exists in the known world,
and the interest would have TO be pro.
vidod for in addition.
lOth--In the last three years that
portion of the national debt which
requires the payment of interest in
gold by Radical connivanco has been
increased more than six hundred mil.
lions-wholly at the expense Of the
people and for the bondholders.
llth-The expenditures Of the Gov.
ernment for lsG7-6s amounted to
sl4s,OO0,000 moro than when the
Democratic party was in power du.
ring 1860. During the decade from
ls50-5l to ls6O-6l, the average ex-
penditures Of the Government amount.
ID to only fifty.two million dollars.
l2th-We are told in the report Of
.ho Commissioner of Reyenuc (see
page 27 sent to the U. S. Senate.
January Sd, 1867, thut-assuming the
value of the real and personal proper.
.y of the United States to have in. (
creased since 1860, the date Of the last I
census, sufficient to compensate for all l
he losses and dcprcciations growing
'ut of the war, the ratio of taxation
o property the last fiscal year was
hree and ninety-threo hundredths
ser cent.
Nearly four cents on a dollar, which
four dollars on every hundred dol.
ars of property, while
"During the same year, tho eslima-
ed ratio of taxation to property in
treat Britain was nino.tenths Of ono q
'er cent" which ia nine mills on the {
ollar, or only ninety cents to every {
undred dollars, on the general yalua- /
ion Of property. This estimate is G