The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-03-16


multiplied ana new industries bave been es,ab-
ished. Our military and naval operations have
been conducted manly by the products OF home IN.
ard textile fabrics necessary Tor the use Oh inan.
ana the snperor Invention and inteiiisence Oh our
meoaancs Is largely making good the difference pc
tween the cost OF la0or mere and In Europe. me
actual cost OF tue ieadins productions Oh
industry II now under domestic cOnpcutoll
neary ana IN some cases quite ~ low as before Inc
the market value OF all Agricultural products
extension OF railroads. boen maintained ~ hlg
proportion as mechanical, fabrics, while inc NOME
manufacture o! agricultural Macnine5 has lesSchc1
laoor OF the artisan to the rudcs form OF manual
abor elmer Oh the TAI IA, the inne, tuc HorhsuoP
higher proportional rates lhan the Increased c2..s
oi mechanical or asricult IRA. productions our
protective system has drawn to our country vast
AkMN o. INDUSTRIOUS LABORERS;
even the nigh taxes we have been compelled 10 lIn'
pose on domestic industry did not diminish our pro,
duetion, Tor lhey were acconpduled oy iacroasea a
taxes on foreign products. We may theorize as we
NM but the actual condition OF lne country Is ,ne
best evidence That the Industrial policy Steadiiy
maiataneG 10y Ito dur0g tae Wax, ana since ,ne
war; has tcen consistent with The most RAPID pro !,,
gross, and has enabled us 10 meet unexamplcd dll-
nculties, anu yet has Increased our imports cur ex-
po,. ana our other revenue me esr t u e asH
the steady growth of II. Our imports
IN loo, were s4li256.2t3 rs ~ 1870. s4'2sI66oo o.;
y 1871 SGi' n "a osf c5Si; 4s ~ iS IN ISL
1862. SIS, SSH thus showing steady increase in our
foreign commerce with GROWING balance 0! tfaae
III our nyOr. We have no. The Statistics 10 demon
strAlc the aDnual growth Of our liefaa commerce,
but we know that ,,5 increase has been mnch
greater tIan our i0rcigu commerce aud IL now cs@
lmdlcd al The enormous sum oi $4,000 u
The Ialingofr III oar merchant marine ON the ocean
IA caused by the substitution OF iron vessels Tor
wOoden vessels, and, for Internal commerce. rail-
roads are rapiaiy taAng ii.c place o. water puvisa-
PROTECTIVE nUry on FOprI0S MUTT VESSELS.
! II foreign built vessels were admitted TO American
registry, both Of hcfAai anu external commerce,
az reasonable rate OF duty, mis- would not only en-
courage the building OF American IRON snps mt
would secure healthy comi'et tOn III our internal
ana coastn9 trace now aJso. utey protected oy cur
navigation laws. l then. tue WIS lon OF our pro-
iectve policy il to be tested by experience insist
; ihat II has been proven 10 have been wise policy
ID Tic aoirai cou'iition OF out country. No doubt
changes are demanded by the improved
taxes mast ha reduced with The wants or the public
! service. But every industry tAlt has besn called
whom we nave layed 10 or shores or encouraged
; 10 devote himself to spccia employment. every
capitalist VINO has been induced by our laws TO III
vosl his money in industrial pursuits every handel
village and city that has been built 10y reason OF
your protection laws, every community OF farmers
has been employed by reason OF your policy, may
should be made WIN careful reference 10 the indus
ny, Catitai and skull that nave been ENCOURAGED
policy. An laws iai affect the Industry OF the pco
pie should he as stable as possible, consistent WITH
the inevitable change that attends auman events.
nope, therefore, that In makluS the reduction uf
our revenue we viii all agree that 1t should be
DoNE 10 GIVE TaE GREATEST HhLrEE
aud so as 10 90 the least possible injury 10 any ill.,
dus.ria industry loslercd by outlaws. In the seyc.
raj acts rcduc'ns taxes since the eos of The war 1t
has been conceicl thaL Internal taxes should first
be repealed. rhey were the product OF The war,
new inaaisiotal, reacnng every county ana ham
hold. me worst OF these taxes nave veon
which maze II necessary 10 keep revenue officers
every oouny of the unlled states. These special
topacco and beer, also On banks and bankers and
on gas Many OF the stamp taxes are imposed on
the ptoduc ION OF such artlcles as matches. med
cIncs and the like Others are OH the sale OF prop
erty and on commercial paper. while all OF them IN
the sale OF stamps. residing lii every county OF the
| United States, at cost or i've per cent on me
! sales. While productive, they are
| ANNOYING AND EXPENSIVE IN COLLECTION
and are IN q multitude OF cases, easily evaded. II
the special taxes on spirits, tobacco and beer can
manufacture o. those articles at the dlsulcry,
brewery and mandatory, and the special tax on
gas aud bankers are repeated, we can dispense with
the vast army OF revenue Oiiccrs and concentrate
the attention aud surveillance OF the internal rev.
enue officers to tie places where whlskey tobacco
stamp taxes the whole system OF Internal taxes
viii disappear, except the excise lakes whskcy,
tobacco and beer, which, by the common consent
OF both producer and consumer, are recognized
cnaion and deposits OF national banks does NOT
enter into our internal revenue system. They are
expense Of printing the notes ana MAINTAINING the
system. The excess collected FROM THIS tax over
turn payment for a franchise. rnls tax is Collected
directly by the Treasurer OF the United States ana
retain TINS tax as against other banks aud bankers
1t may be collected In the same way, and by the aid
! or the bank examiners. In advance OF definite
measure dealing with internal revenue am pre-.
pared to say without committing any one else, That
we can and ought now 70 repeal all internal taxes
except on whisKey, tobacco and beer. ana to
CONSOLIDATE AND SIMPLIFY THEM.
The income tax expires with the collection OF the
tax Of 1871, which on personal incomes is assessed
DUNG the month. The public mind Is not yet pre-
pared to apply the only key to genuine revenue
A n q UilI
convince the body OF our people that system OF
national taxes which rests the whole burden Of tax
alton on consumption, and not one cent on prop
erty or income, is ntrinscay unjust, while the
penses OF the national government are largely
REQUIRE PROPERTY TO CONTRIBUTE
to their payment. 1t will not do TO say that each
person consumes in proportion TO his means This
is not true Every one must see that the cOnsump.
the consumption Of the poor as the income OF the
one does to the wages OF the other AS wealth ac-
of system Will felt and forced upon the atten-
ton of Congress. Then an income tax carefully adj
justed, with proper DISCRIMINATION between income
nom property ana income from personal services,
and freed from the espionage OF our present law,
proposeS by Sir Robert PEEL after dsase Of twenty.
nve years. was the basis Of the revolution In the
TAX SYSTEM or GREAT BRITAIN
III these changes in internal revenue laws are
made, 1t win reduce internal taxes 100000, or
from $l26 0ooo 900 to $s4, 900; but this reduction
or our taxes Will be accompanied by reduction OF
our expenditures. OF not less than S. 600; and II
the new regulation as TO the whIskey tax, should
prove practicable there Will he much greater re-
duction This VIII leave us net loss Of revenue of
$4,000 oOo and with margin OF $2l 900. 600 Tor the
reduction OF tariff duties. Upon what articles and
upon what principle shalt this reduction he madeY
The House OF Representatives propose to repeal the
duties on coal ana salt, articles largely produced 10
this country, and on teas and cofees which are not
produced IN this country. The aggregate duties
collected on these articles were-On coal, $685. 375;
SALT ST. l75,5s7 lea, SSH, 99I cofee, $O969 O9s;
In ALL 2l,006,056, or just the amount we are able
10 repeal Why single out these articles for special
repeal!
COAL PRODUCTION AND CONSUMPTION.
The whole quantity OF coal imported last year was
431, los tons. The amount Of DltuminOus coal pro.
duced III this country last year Is estimated at
Is 600 tons, and OF anthracite at 10000 TONS
or an aggregate OF 34,ooO0OJ tons. SO that the i'm