, 1869-12-22

7he rtt.rIt nnucsl e.aAy.ctsy Of rcrcnue, OF Its
irI.4st t1uu the .roH IN Of the countrJ u an
e5t-r su,I,u ItsAt rlcnsot IN determining
re .71,,. VI The tu,urr. II ssoaia be no9en that
ri..e Ie a1irpal Increase Of capital IN The uuitea
squi le ina, u t,rtat isr:ta: ,et .nc more e4uss
-'!"a.' "E CT ~ta:ta asropg 1he people OF thc
rIl... VI no.s u.net asc!es, usr,eIr, sugaf, cof-
e. sttt:: ssiIlts, ,o'accn, .nd the IKE, which
IL :eSI h+ highest rate. of taxaslon, aud from
H.. .c:l Iii koyeraunen7s nnt II cuorca!ep. 10 rAIsc
l.;- .1E1 ri FEuEorL!on Of taels revtnne.
:,v- tut avetsee aMecnt Of Enl,onal reveaue
-. i.tcs iIaN teen fa1<c1 mutually Dy thf HfltsQ
s.,w:..:,: ". .A!uuch Ns vastous forms al tAIA..
:v. W er.t Years PASS. namely fsaast,eou
ss1st' se q sns Ensa
:ia tt- ~ a. rFcscut esaatttutei s calculated to
sr. t.:..as,ole found 10 average from lsSi 10 l>cs
c.usive. fl.s~.rn Gs,sn,tt1 FER annum. Of
= two I'D noI rsr syn,: wnsa s ne ineFs%eas t,,
iu 1: ,a1ef. t.I'rct .iy the Income ta1 lxhch %
.s.tn.s l-p.tdet, NJ re><rre torce N INC bnnsh
SWIM, 10 lie lbcEcsssh Il or ntutshs-d accordlnG
ctc-mSt.aces), .ad IN part to meet lncfeassns
tNJr LtIEfe.. = .......... -.
1.a:H ., .Qual aIsouns IN the .Ho couo1rsea, aud
r.tiaM 1Ats Of icctet.e IN Que, The question
Ni-'htt ~e inay expect an clanl fsie q incsesse
t:,sne n'har. CT that the Increase world te tnofe
n ites, viii dene.d mainly Upon two const 1eta.
LIVES. DIST. Nueta.r tue pstseul taxation rressei
l-zs E.ary up h the strength Of The people toE
1.e r..tc1pal thai. II The Incidence Of existing tax
4 iau-uuR. part. II lsus u The osaerN!se uatura
(. Lttr4sr, ffu1 the nAtu1al gfoH Ia population
It Js.gtt Or Al,oroed t0J tac Ic.ltf and repair Q
Il 4g1ltu1lc1 ahAt uderetil; and,
Il xen.t. ~hrth-T the Ial- OF tocrenec n poputsttc
ii Lay tic expected to oe atic In oO.n co7n1t1ex
a 10th these co1s.dtl stots. Ia Iac favor the ez
i J+.la.iou Ct freyf 4u'i latKef Rto~th here. tn
i,sere.t scale OF JAxxtOu Dies not tell 30 ne9Sl
Ia L;uE the people ss IN England, WnerH tne body
~ Nsa;i does, md, " The aIstUcI1tc constitution
~ nf lhc government, ~iIl, for long ims A. ttAAt
m s-cApc iAtr ArArr OF the public burdens 40
M ~ the Ac ID no:or:o1A tnat the Eae OF IL
NJ tsca.c il popustton here Is gyeA'ly in exeess
H 1.at OF tee ('nted nix &elrn. uu the other h1nt
N h2se the con~dt rannu 1aAt the MOUNT OF fea
II Yz.3 ard sya'latle capital ltht Accumulation
& 1s..l labuTl Whether Tor the purposes Of s2rtcu
III .ArJsris abandoned as<etr CsyEeuts in 1sG- II
~ l,r,itrr< the II Lee sltebdeT paEeI ebt ~
81 ". thr Vi rctuElE psf aents u lsas in sp!t
IA st The ti-..icanled condition Of hkI Political ~
IN wh!tA >ttII . sehtrt so strrnrilaio drsallti1
~ J.ckahir. Al th%t rin1.- h,Wevrf. the uatn vi
IN tE X out " Ht'- 1hnS place AM
I" r. ex-et., II rt.c fso <ot By N -
I'll sancc IN 1h~ rrn.:. gold ttals. wth Faputa
8 tinh tao thds.s Errht SuE n~p Ath1arn Srt&ate
# WITH a. ennrmnu. rsht anA trs from -
III legs, ,es,ccr sutsLcy Of EtnE ato4t Muet
I'll niliUhs. A. oFt,i'Tn1r. the premium On sol
Il IAnfrs but tSsm twelve 10 foHrIr~r y.r ont
r. This Ii fbc term Gsed by h-tLh 10 d
A s41bF the nh:EEA1 ircT~see r.vtrGr cvtdeNtl
IA u tie word lrnwth 10 Elasticity. Ma
tidty the prOI4 nv 81 h,y by which Il yieds Gnds
JsnAs1Es. Dtf it, sic ahA1a Atss thAt pst
4Hsf u fesnoys9,