, 1870-02-18
sr1nScaT1luH TkkAa.
r.<aatt t. ADVANCE
FRIDAY. FEBRrABT Is, 1870.
pxuucJEn TIE TAxEs.

FRIDAY. FEBRUARY Is, 1870.
RFuuCIEa TIE TAXES.
The Ce,1nittcs ef Ways naa neans naFe
sc4,.J. by dee:dcd vote, TO reduo, sne
;,tsrna1 taxation Of the country thirty
n,jl,icrs, We are glad they have coma to
This conclusion, md hope their policy viii
Ia amended in thu House by taking like
amount OH The tasiE. This will give sensi-
Ale rc1ief 10 sbe country, il wisely disssib-
r:v1. 4 strong effort will doubtless be
u-ais to apply tits entire reduction OF In
t.,us, revenue on the incons tax, which
,no.nstil. il Isis. 10 So, ,0oe, ,aoo. Sneh
"a application viii enure chiefly to the
hea> q Of tie North Atlantis States, Us they
ray tie CHEF stare of The income tax,
pi.:eh is. in the main, ta1 upon capitalists.
Ia.1e are two reaso3s why scch faroE
=, ,l;s;:. 81 .sus uomcns, is somewhat pro-
mature:
I. They have tSr.!ly got doao poeseting
Ike epc.:..ocs r-a1ss derived from the re-
MISSION Vi Tie intsrnal zeronua taxes On
manufactures, most Of which enurea TO the
."s., ~ ,,1o ,n.nnfac.n,e7s alone. Is the
1 1.;,,s ~ .n;ir c,x1, hs7e never fallen to
.~s4r,r., ,.re1 ,hey nocks,;uc a. protlts
what the government lost as reTenne-
=. As t.e,r Incomes arc enhanced BY tax
asioa designed to confer "psoiection" on
-,,n:,ns.s th.ra would seen, To be an
s.sa,,n1.,;o,, of favors unon them if in
comes derived fror, ta1a.iou in hehali Of
;,Wt:an,y. vera r1o,lr exe,upted from
ta~st;an II behalf of the government. The
~ - - c., 80 hoa tha hen
Eastern capital States nave naa TUG ooA-
eft of m excessive proportion
=, ,ta ,,,f,s If ,,-otectire tariffs. md the
o-o.m ~ NV r. e al nrer,ops NJ rtductiops Of taxa
49, Tbsva c,c M reasons vhv thsr
,z non: 1os1s t rasra, a,s ~ s,d tbsr ~. n,osner
ing IN peculiar degree, and stand in no
need of specia! relief. Tho South has had
the cotton tex remitted, and hence susta1os
.,,;,- hrraane ri ta4at;nn.
Wa submit. therefore. that reduction
.:., :,
~ a.. ~ ~, ha -sssoa,h,,- .stad for i, that 4;
rec,ioo, Tie entire income tar Of l6G
<-,.,c,, ANN -:a1, ,-o noo .,,.,,rr
(S'2,ovo,o'V) vas PAD os 2ou'ooo pe'sons
These are, ot eourse' tho wealthy, anten'
gent, md influential portion OF the COMMIT
n,.v T1,Av can tako car, of themselves
eN1 'S'A1 =,
and there need be no fear that anJ grel
'hArlaAsp viii come upon them.
Commissioner Wells, in his last annn1
report, alter discussing the income ta<, an
Recommending gifts retention at 8 per con
1nale the f.lloxing judieious observation
concerning the internal revenue:
"7nl1e 'tea remains j large podJ Of moor =:
Tnsa ;oas,lsr 1isitiel % 10 lis less thsn mtg mi
los ot sota1t VI shese ne ., cem%,a4ea S4. NC
ELa; is tIeTI a. SCHEDULE q VIZ, tie taz
asss.sfs ~ wasessa ssgf sasg rse ~ eali1ejv
Tle5 Me qa:sialsl N eLnae:e,, nlsa. or:
el,s n soIsSsm.; sfa'a, pe'1i III ts,se tsss s.e
1enoed to have soup.nsr! beaI.i
shtss h5 q II noaeta et ctV.szs:ion; i: ths1 o6j
te seure 5eSsaae n;, th,y a. ss az a1td xta a
ssne sa5l1 @ 1:S IL soEe o,ne1 a!rec,lon. ana vala
e1aut9 hsa g ssnsh o. Ha'p 1a1sT "a" ny inn Ixo
1et1s pieposel al tho oat.e: q "a. .n44l;y.
ses. oi tse ei to5S1ss tase.. nor ieSied ucder
lr.e5nzl 1eEe1ae: ,.,., ,,.x =, r,,, 10 .,oz
spec:sl taxc. I Of i:cssseu-.bsse i=g:ea On o.
md ;shkci aDa Ipgs t;nT s59esSi ~ IA
ta;ted. Tne loss - Of revenue On tbs acsouat
not b y excess o. i*1 1h nonaens o. a9llat q,
road, s;age % eoaeles, insaraac-. Telegraph,
express eGEp1a'es eans !e1s M 3Tcnna n7n 1,,n oa
source VII IoI ne II excess Of seven ra1uoa
uo.1F1 T., . r., ~, ,.-aa ~ a,t,csa,
o:nsfxse spec;5:sfy .,5ed. Tte reee,oss I
fa's M toufee WILL araso1'''a'S' e'RA' aa1-'1a NJ
.Ai,ouinz, thee, Tor tse extrcms pesslole
nsdtr n'1a ,,,c; tae 3SIa' ~ tsa ~ ne1n,a IN -
tsdt1at:an or 1f,e p:escEt large aud ,ncress:ne
nl5a .; Isersrs aSef f ecnip'si1 E1,iona af
lafs.H
The ta1atlon which is no* most III
cess Of sound economical pfi1e'tles 10
tar on diEtlIled SPLITS ano mAt nqu
Ttu- on distilled liquors Is about seo
cent on :ho va1re Of tho product, being
cents yer gallon, besides certain extra
On capacity Of stills, etc., amounting y
10 co ce1.s, willie the original costsis al
90 cents. Probably tvo-thirds Of this
falls Oh Tie eonsuuscz in the increased T
Of tho product, and the remaining t
+n;,;ssa5 ,r;ces for The corp. ,re. bal
and 1ona nsad in ths manufacture. O
saun;, tr;nr;ples at no,it;csl economy I
~ ON ~ ~. ~ .,,,th;,o "a NM
- l.