, 1869-12-22

rroaac'tnp are lever. les, A.an,- I'd to t,-If pu..
pores. and Rendered Unnecessarily expensive ~
fsckcok 0! the pccuEa1ltts VI QIf QnlptAl con IL
Eob.
On The whole. sitter Reviewing all the c'rc1m.
ssnsss, ~ me Gommssonet y o. tae op,n'oa anas
5trFHr, f0k7ng he geIys m gruuPs Of mt LIS fhuH
tAses, rat fur ths fte.e.t. aretuyt mast tAan has
t'A'.ooU to SIS GU no tsr ann"". II the incteNss
~ mus estimated taHes pl3c6s ahl oe 10 COZ
s = " sns tssst " - noee.5. M
,ies H. ~ mosn nn,rnrn Ii.trsuHtt,n of We+1n
liz NV nv ia,n., a nnns n;,nn ~ c.nn W snWaS
MoLn!k .a,kes GonsuAp!!oa " StAu uAsu
a..aCsea an uasa IT,, ootaaus 1ne ia1HesA
is,,cn - rt-rrn,I+.rsos rhane " NJ tsh,r rsr ~.
cent nr der fnr mnxt RIM nt,ns IA II or
ssps ~ ~. vss An9eu' Ca
Thts concjnstnT nn,,s snnoort In The fact tba, In
20 Tear. sIrce isGa Iu wh,ch intsru1l revenue
erna te.n fnund m derrsase In nrun-atioo IN ina
Teduet,ops: sud this didersrce 10 tAyor VI ihe
rsTspue ha.spnsrent,T amoanted 70 from s1clSe
~. .'..o... -. -. .'",....,,n
GAIN fRoa TIE AsfoAA nr hEsENlE ApaihlsEA'
Taxing The lowest nGufc We hate natued fos sae
s ~ Nau ~ W ,1e a,., rs, & ~. t"c & n,n
w sa@u aIse t.on ~ su.a s1a.He s ~ sh,.aa
lne 1nttnef pfohlh.e gam 70 toe ia.etnai teEeaue
aa ,,o,. e. n. 1san,ir aa ", 'as
aaa ~ sossaou ., ~ t wv -, .9 on.u W,st -
ts ~ tar nuMpiss'outs o. ~, tss % a.
ass ~ ~ * ~ AZ mnnih. ~ "a ~ asaSt
Ss. So ,h ~ W. ,;',a nf iha nMntre;nn, u M ;ae
- 80 =" - ~ -. :. 49," .a....,II
uE ., -. tss -
- nI S s ~ ~ rga.s y ,
stnH ~ "a psTHsn, snJrst IN es,iH3a1;nr me nls1
sfa en,sns ~ st,..tha, e1.r NV -fs,n.s ~ ~ tna
~ nosMas " nysaues yeats villa Ieieseuss 70 Tue
s, 4Gs9a t y. :, ~ - tt
nsral v.-nr 1scsssf9 - t,.n M, ,srs III. srns
~ w paSs nv Nv ~ W .e" -
.ase$' A"aese't ieN'4eu s@ta "a I4e
At"'e psoses. as ..
hEWC'!uh W EA!ESpIlEEEs.
Lee SAIH IfoIo Ibis th1fctt tuciuulD2 LuC EeaICs
tibn OF ihe Interest chstgt coFseau~tt OF the re-
ductlon pl IL Principal Of the dtb - estimated
W tat NClelAil oI 1ae 1It3so!J III tHe1'!-s4
nlilllens II dollars.
TOTAL srErLCR.
TIE sum OF tat.e several teens aided 10 the
futpluB oil sast year MsAe up The la!se aggregate
ur 0ae hutilrci aud twcnI1 four HAiioaL ye.
1ar u.ust carciEl examination Of tho several Gle.
neuts fat % detect auT degree Of fa!sssa:cut7t
or GvtIeitltEate, Tue Whole CALCULATION, hO OTeytr,
.sssuI1ts tLal the laws imposing taxation refuuta
unsl;cre and that the Industry Of year viii en-
JOY .n a,ttafc u succ<.k
blssvslIlUS " TIE sEhfLts-
TIE poskrAflon OF q surplus solasge Invests With
fn"1s tLan a1dic:1S interest the question " ~
.:1sfa:i.ion. N snali tne wnole o. INA sum oe ap
pt.su ~ wv Nh1teun " eNe fttuSiVaa " w nA-
+onal 'let or s2all lalf ptonoftaon OF y De re.
sLlt:.u 10 the ptnpie " the aaatenent or removal
q thtir iases: Oi these 1wo couFses the Com
M tMu.ss!une4 unNealLaunkl ueS'a4ss M's eoaHNHon
mat ilv latisI "a tne more expedlent5'! lndeed
tns hi!hett eeolo Aicai considerations noa o. 1ae
alluost l AuahlAuus ~ sCuunent M,sne pEopG. mnn M
MS EMN Ae pEopoaea th1L the sam o. AIty mi-
!ohs bs Ia3tn Hs she EeasnEe OF The tAxes 10 be
! fSthoS'a e fsdacsa; std ttat sacn ledactioo
tNHt'u ny tNttleu, pLst1 " Ieletin9 lnuuslty as
anen a. ss.ge ~ u uu1essssIs puaeaS ~. AZ d.
get: ano: ascnna!s, 70 me uAsnntaoa q tLs eo's
"a tae ess'aeus VI Ntne ~ tae btsas lhss VI tas
AArlc, 10 thett capAc1ty NJ CunsuInera, ArtsPec.
tye Of 'ne consideration whether they are or nos
| Ai,o ttCaCcetn ~ MtaNA..
| WIZ tnla ou!ess ~ pluposeu W eoAalues, hss ,
| WISH 1a1ts CAL LIE Lest feiluSeu VI lb3seu uuhtf
| ihe MtAi u Internal HeFenue-
! TIE thles principal torfEea OF receipts undei
revenue are lnt taxes on uls1l!leu S2ifHs
atd 1ctuenteu hquoIs. on toeacco, AID oa 10.
cones Iae fa:e " taAAton on the ufst TWO ol
tnete hss t.*eh h1el ~ stat 1ata Mllea Lac cxpe
lCsse u ~ las. sesr nss p.oseu 70 o. Mo;a p.s'
20 should TO- IN Tie opn:on VI the Coalm missioner.
- nc'ilnta Unless y Jesatcu tn repeat me uii 4
pt1unle the poEcr Of eorrup, ORGANIZATIONS. II
change can re tna1c, either 10 rsL-t or lower tht
ratsr w'lch WI n1t At least tstoporaIiiy. tnnrs
10 tnt htntQt G1 ut1Ef ttlsfE5ts thlu tDSI o. tlt
Treasury.
xus1Ax,rF.
rcneS m cnares I' ~ ,naa nndar ,he ~ ias ,sS =
rien t,f thn mr. ...s1 rnnt.~n ~ tsIu,ry M ~
sm,oFrant 1act Of u large aau jseTeas,ny suTr:us
RE d,s..uss,sn ut tbis Gcestjoo. nuEsyer u A.
t.n,,td il, ,hta nfsutiasity thn1 II M, htn.rt.
tsrn intt,sInI~ for an1 nIc ~ sncNust AZ, rS,r
| Ina tr n taiincsttnn 1shntryeT tnoI,na ~ ~,
Iimic ~ .ht y nss,s ,rtitssI,r s,ns ~ =, ~ ~
ntrst Il Of sofctni ,ntustI,nj w!,,Ion, hetn1 i.n
.,,i;a..lx ssa.,lai ,r1n ac,,,o,,nnt ~ .us , = =
IL fnEIt Th&+RkS
lar ,sI ,h. eject Tor winch thrE nnre are r.,,.d
| NJ. n,,.y ~ m.p.nt I'll ct..snn ona ~ c,ro,, ~,
ai:. Of lie nSon rom ne ana 1r' !. saS ,1ne -
.u,s. III, &c ;ssucs d., not ~ nEstnt inTo,y'
ih.f the theUrr ut 1tce trade or til Sact ~ nrr
,f.I,n The n,i.ftnns sr,snv ara nrs",tcsi nr.,, ~
r. ae luens1o a. !a1K nts ptac'lsa tlue
,,ir.,i,trI sn,i IN. 1,,,. t.~.t ~. ... y
y,vlt ,ue. il on..1Ion oT nF5ncr1,nn - s.n ~
nI I'd. knnrt, r snt,tsSr,, rsrcru - N rho 49,
,t.,r -. IN ~ ,r y, ~. .'u. ~ u, u tue @ az
mnny ans IN s.,,, 49, .,.t @ - " W. tmc ~ co =
r.. wi;t.,, N I'm; cnn,nnn,i, Nv M 70 tnmn.sI y
| .,x. - - s - =, e''Nvs3 ~ - A"0 ~ H"fAh
Mnusa " ol tns taA. HnHcsct atFtfihasres 4
,lInv ~ nns e.,, ,, w - s, sIau os n9,
.tuk ~ !, ttaa eeru, N4t - huy flaEe " pollhca
| puttesornt N.tfaotoIt !sacnrtl ~ tMis co1n!fY.
nPnvr; ~ fa ns 'uS ,H..n M "nao cs.a.1 y, u
ildu.rts already es,sl'.hri: which employs ling
] =, ..n.t's ~ Nu!Au.sh ana ulsisoncs LARRY anva
tnrr! 1.nrc .ut,siiv II r. nch u.nn1aci,,r ~
t"rs s,'an ~ T. rs',s ~ .. ~. sunfu!AtE cuIl
un ntGs ~ = ,ne rnGni. uuah5 ~ ~ 10 ueTt "a
thai xhs,,tT siesx ~ n,,t n ,ha ~ ,1s
| tha rae. ,he 80. W Mot - uo 'a.SGs. VIEW
M 10 snn.n,ps me paS ~ LIZ y, t1e "a. ~
tsn7e casiiv ty1e y. .n1 III sn1,,1 ~ i - ~ /.
the sniisfsri,on nff a. stnnfir tS,t nv 40 =
| IN SENTIMENT s,,t the n,E1s,nn ~ t,oT,a5e :
.1,nnu .hr r.s,,ri. H. m th,s unn,sr1 1,,htn ~ -
1Hn vsnrS t1ss tern st,ch IhsT Eh~r ,t nan -
tfx j. NJ ~ rna,nfatn ,1-ofac+ss S,,as
n in .rsn.rst, npo1.e nf nra.pcrt1, ,r 4snr.
aver, fne Irt.utITy b. one which. wnRtsyer ia at
| soute nronortions rrt cnnIrinYrsf Ia rI. prnrr,
vauith "a urifare 1sss linn i tIru,r.s. 4 ~ =
nna uh;en ,,sIs 4. nson,a ma,nit y, ~, ~
III jn.i.hu NJ .ii,ti the is,nrns 40 n,n1,.h,
n,nopr 1arle cissses oT si,l;e1i ar nnnarv [,nr1.
,tIves. arsI eareSia,,r !; ~, nna Enasa snsn,n
siu iscnrne Ia tnrn H.. 1sT ~ n.,rmai of NM
antf st,l; icnre rtirnsxe iE1lnx,iies sn Sn,, ~
at1s ,r..nr,.t II nTirs a. ~. saiIh,, ran.,ta
, | tpru,,ch the sfycrsl tncresste s;svrs and 1hr
~ rSnc1 raI uas anIv m ia AMI mnu ~ ~
on inch ln,ernt t!ia:e proiucsr..Iu sea cssss. tt
s,rnn. ri 1hr i,ntsI,i SIntrs vii eYsrct.e n =
,wnt -, ~ ,n1ns n,I .,saos ~ a,rH ~.
n1t ~ 10 fnins'sie tna osnc1a. a. ,noi,S..
|
! indrMrntfmi iucameut Nlthpul respect IN fhs vi
nf ph:y otusniied md arsr,.,stte nsse,a,,nr
ID 70 1s n%s II aS 1acn Il saas ts =
, noi!s removed. Ani 1Loee u 10 utprecs,a sue
:, iortns, s .hrs pa1tics cr iucly,Iunts Wi, n.,
tuat Inc csuIdFe1. = ;cc1sl III ect IN edge.
! THE THrE lRtkCirl Ii or rtKlyr HEFkM
TlccIre5,cuce vi Ii. lnSt 1.. Jears ha. prt
eqnvrIt lit to \ demonsIax;pn lint auy atte tppi
rtrorttIurt :he .alsn MS whole On any i,ls.s
1 | pitc,ple, IS Practically impossible; the d,yrr
interests OF the d:re.spt s,e:l,.us t,f t1.il,str
h+,r- suricieLIiy % aerIul nrdes al,nos, any q
4 CUT st4ncse 10 lvEraft upon bli! cIrsag III p,
T | sage each Notifications as would rltc!ua,Iy Il
p1!ye pf Lny l,rc;cns,oos 10 COT s,s,ency ut a.
nuLx. Tsclc would. therefore, .rer1. 10 be Il
:. one atallab'e llettud vi lasir refein; wh.c6 l.
: sduI: the sane course ttat has t+en taken IL
: | ual revenue. ARD which fursntrMore nLls = prec
! ,cLt ln a!i the experience ol (;reai uTltAta
= MM,reptFons Ct Tynoyals u duties. year Uy W.
n | NJ u ptTnEce or 1ae rtn,llt.ou Vi ihe Tfeasu
Il | Iony Indicate as practicable oQIi desirable: 4,
thus, hy r1unirg, ra.!ler Inan ny .ecorst1uctlu
to eIarflln.iy attain the greatest DEGREE. ct s;1
pl!c,ts anu cI1ecuseIcss win the ltas1 7ssss,.
:" | {Ntdi n III On inua4tfy and the rtolit. Win I
y a,.crttuu III lh{s ueIhpA OF reform as Il nt,rr
70 rrpeu.cbvy III. tUii IEg s,iucl p.s hoil uleo
e. tutt.ted utDn as fundamental. VIZ.
al That tlr maintenance U! an Hytsase l3atg
Il rer cent, q under Inc eAlst,ps tariu, E;,op
70 cu;ialEc tn; ottt Is sxctsa,rE ALL unnecessa
1e ald crrsAeI nnke to The highest iLtere,ls
nse CNNtzaien AMI AII3nAy, AZ Wea as 10
a. r3cIef ani neaNny eioMln q! ~ soussuc "a
M ! tsestf alH 4tnus!t!. heu tns. uo"eE Eo ClIEu