, 1870-07-28
T1ICHSDAT. JULY 2s. 1870.
HOW TO RAISE REVENUE.

HoW TO RAISE REVENUE.
1u his recent political speech in Indiana,
Senator Morton said, speaking Of tho
tarH I'VE must have money to carry on
the government, and if we do not got it F,y
n tariff On goods imported from foreign
countries, we must get it by direct ta1a-
tinn'
l. uo, the Senator aware that onc-half of
iMe national revenues, fo- eight years past
ha1, l,eca derived from what he calls :" di-
rect ,:.1ation:" People are no longer to
t,., -,:as.~l lv the term direct taxntion,
H. ,Ery know sll ahout it.
1:,:., ,,hil, the Senator was instructing
l.,- constituents on the question OF taxa
t ii, j, il to be regretted that he pur-
r,...!y omitted to explain to them, TINT
ult:. a stamp or license tax, a tax on sales,
~. incomes. on banks. on gas, on gross re-
{, i Is, .,. IN liquors .or tobacco is levied,
IL. government gets NIL the yield OF the
t.:A r,s.i tha, when it is levied on such i'm
r,+;s as tea. coffee. sugar, molasses. choco-
l.:.-. brandy vines, silk. and hundreds Of
..;lv. articles not produced il the United
Sees. "r I'M: to 3 limited extent. the gov
e-:went gets all7 or nearly all. the tax as
,.s-,,i thereon, And it is to be regretted,
for his OWN sake, he did not also explain to
n, audience that when dutv il levied on
cix-s Of coods that il produeed
l.,h nt Eomc md abroad, such ss salt,
talt,.r. ir.,n. steel, cloth. calico, crockery,
g!a.s. furniture, and carpets. the people pay
IL. ta. ~, Ill that is consumed, but the
.,,,,.r,,,nent only receives the fraction paid
,,r t,,,. in,.orted runion of these goods,
Far .1u,n,,.e. if fftv million dollars worth
Il. ~,,sl ere purchased H. q year, of which
:, r,;,,i,ns nra ;mnortei and the duty il
,;u can. tba reon1e ,ar thirty millions
,f,a,., an steel Of which the government
,,J,,.c,s si@ millions. and the steel uaaufac-
tr..rs r,17ar, ,nf1 ,,ocket the other twenty
f,rr,,;1,.,,e w.. lnow .his houutv 10
,h,. ,,,,r, ii co1,ea s.nrotcctiop to home in
y, ,.rx hut names do not change the ua-
- ,1;,,,.. fo- p, n,a,tar br rs1,,t mama
:, a,a. = "a ,ava,+,s1ess snhs;dr T.,
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u, s;. So, ~ roa1-ats ~ +ta w.,
r.la .ha xho,e ra,oe of cor,,et;no
s;,,, -x,, ,1,,,..t1, ,,,s,ga and ii il safe
,,.t;,,,u,., ,,,a;r ,o1,efata xho1esa,a ra,na
t,,o,,zn,a ,,,;13;n.,s ~ ,oucrs nor an
.,.,, .,;, ,,,s ,,-;f ;,,nosct7 nj t;, ,,er cant
r,,". h,,r,,,a1 on;3 f,f,r ,ni,1;ons of the total
;,,.,,,.,a, .nd 49,, ,a,n,;n;n,, a;c.,t hr,,
~, cft. ,,,;,,;,rs .,a ,,,,t i,,,;>ortad
~. ,-,o.., ,,,ornt NJ far coiloctea m
u,a.1 ,uods ,,r tha government and manu-
t.s.,.ror. l. ns f,1,ovx. In the ;,onorts The
r,,,.,,,,,,,.n+ ,,,,,ac,s een nm mn. on the
s,,,.;r,,u,,ts The manufacturera co},ec,
s-.n ,s,, nu r;x met oa ra,ts;n TIA. the
o,1,o., .,,a 1,;tar u,,, a.. - !,
,,a,,,. .,va-,1,.,t c,,1acts ,ha forn,ar
H., ,.a,nfac,nnrrs chorca tbe same nric.
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