The New York Herald Newspaper, January 30, 1866, Page 9

z., eS : x pnt € * ai iy NEW YORK, TURSDAY, JAMARY 30, 1866, , pai » tea was aN $b Ami sihntenitnapissenimcks tiinini aiil inclu- | (8,812,; The i se ah ee ee ee a gna Mia: rw ree of this: brane marerren, Eopener 5 ‘wold has = of $260,568, The ih | gother probable that, under any. clroumstanoes, » on reasonably be expected to keep? spa prices of \per, colors; other \- amout reven' be dorived frot We ACCOUnLS of thee ctions, upon which the rated y siderably quoed the demand for cate wishin tes tops nf mat eee eee on ” of tax dur, F thermiane, te tax on repairs must necea+ G ig fe miscellaneous sourcos. four it is the opinion of a committee ‘of card For the flarat year 1867, the Commission adopt tho | sarily depend eu'ircly upon the workman's oWR estimate manufactaps, a8 presented to the Commission, that, Of the Secretary of the Treasury, viz: twent of the value of the article before the repair, aa It is not with a unifn stamp tax of five cents per pack, ap anaual | one millions of dollars; and they are of the opinion that taxable unless (ty valus {# {nereared ten per cent Ear] revenue off least two hundred thousand dollars may be | subsequent years an equivalent amount will asorue from | Fepair; and the asresor or asaetant cannot, and ed derived frdth's source.* incidental sources—-aal * of land, fines and penalties. | B08, be pr wa epy to appraise all articles repaired, With thiand some other amendments relating to | new forms of taxation, or unexpected increments of old Again, if worker in wood repair a wheelbarrow ‘ 0 and similar etamped articles, the | ones. s . worth one dotiar, by adding ton cents to its value, it ie Commissiopre of the opinion that a revenue of at ‘least AGGRPCATR BETIMATRA taxable, but if he iano worth five twenty w of dollars may be hereafter collected A recapitolation of the foregoing estimates give us the | hundred doltars, adel fifty dol- feou stan; following ate results for the fiscal year ending | lari to its value, Tho wx, with this limitation, there- Jane 30, si fore, is genorally favorable to articles of luxury, and y of the | From PeTROI RTM, dered that the entire ‘customs. ee EOE er Te 190,000,000 | bears stringently Upon articles of necenstty, from refined petroleum and coal oi! since | country prébly changes hands once infuirty wo years | From excise, vi 7 ges E 33 i f i 5 i i 5s G3 a $ ie ie i 5 A | EEE 288 ef Fe -} e ACY AND SUCCESSION DUTIER i ‘Again, by the prosent Imitation of the tax on manu For the the aver- bs Fe nea tele lero wa fotimpf a generation), it is evident that a small $40,000 000 facturos and repair, to such manufactures and rep pn h PA 1853, ee Fate of tax,) the forma of leacy and succession duties, 6,000,000 as toethor exceed the rate of six hundred dollar a ‘and for the three i must be p we of alarge revenue, As such taxes, 2 18,000,000 (or fifty dollars month), and a tx on the difference 3861 the annu . BR moreover, Utile influence in 40'000;000 when iho same exceeds the raie of pix hundred dollars, Billions, For the first of .the fison) june a0, ng. industry, their adoption 8,000,000 and doos not exceed the rate of one thousand dollars, & With of the {nto Tece| “4 the tax on re- : ae a part of the present revenue policy of rosin, 2,000,000 new calculation must often be made after it is ascertala men petrolenm — oft saa ‘1 63; for the | thee ‘to bo strongly recommended. Thus far— by ———_—- 103,000,000 | ed that the repairs bave Increased the value ten per wit aa corresponding «1 the receipts were $810,056. , Of some luuperfections—the law relative 16,000,000 . cent, Thos, if the manufactures and repairs amount to at Lappy 09, showing a gain iy the United States has beon praciically 40,000;000 eiwty doliah, which amount ta lers than the rate of ono » Saws fhe tax upon nts por ana | & aa is proved by the very inconsiderable 2,000,000 thousand dollars per year (estimated monthly), then tho ‘valu upon ofl distilled from coal exclusively, ef-ht conte, until which accrued from it during the last 16,000,000 tax is op om the ona of Ofty dollars, namely thirty June 30, 1864, after whigh the rates were wenty and {if- 4 From the corresponding year the 20,000,000 dollars, The tax upon thiv excess, namely, thirty dollars, next suc. ively: a a ed from the same source in Greut Britain ‘9,000,000 (es to be apportioned at different rates of tax in proportion ee Gy the amobdel not of March ant, duty wa ms £5904 (81,00 _ hperyerd wees the aout of repair bears to the axnougt of ma ; of one dollar 4 he Con oa submit: forma of a Intended to Legaci 1 sue . ¥ ufactires, rn five { me 4 Lig bg og eres Phe a 103,000,000 It {#, moreover, often found proctieally tmpossible to A thokecation of beg tegen | law more offectual, the opinion that, with ita adoption, or by | Miscellaneous recetpts, 1866-67. . ~,.. 21'000'000 | #88 & tax on repairs upon tho principles of the present tof some equivalent provisions, a revenue » Vepeateeesss . Saae law. Thus, for example, a whoel wright repairs a carriage to malltions of dollars may be secured Crom | Aggrogate........+++.+++sss0esesesers Sh SeaRSenges-| te Smmecins oF ulsree pew cons ome, Ieee Sa te for GREAT SOURCES OF WRALTH, or his agent thea paxves it to another commission by a - Adding to the above sum the amount received in the | tradesman th, trimmer or painter, neither of with the Surrogato’s Offlog of the city of | fiscal year 1965, from the various direct and indirect | Whom knows wh : the extent of entire repairs CJ be, am: of ly annually passing in | taxes on industry, whi excepting tho ainonnts derived | BOF the value of the carriage before the repairs, The re- will or inheritance by kin, is about thirty. from the excise ins beer, ° nt tre dott e tm, “f° petro. | Sult iM, Ghat the repair, however extensive, must Ko Wn- arm, which, if assessed at thi t | leum, and naval stores, the commission extiin: Rhout | “xed oF the owner must be taxed, Hy the strict con- jof legacy’ duty—one per cent—would havo | sixty-eight millions -of dollars, we have as grosg | Struction of the present Jaw It ix doubtful whether am mount fv excess of one-half the receipts | revenue possible to be derived from all sources, under | OWREF can be taxed os a manufacturer, unions he far Bare Al Te gees BE Fl zi rE rom this @ree for the whole country di the last emtndnee ee My. | Dishes materials in whole or in part, and whether the sub- now innerag ” fascal year, bbl fae pete wsiilions ‘of dollacy (8435.: Jeet of repair fornished by the owner fw in tteclf a mato. the Commission holieve that a PAX ON GROBS RECEIPT, 000,000). *” | rial for the repalr. Bor it is the “repafr” which ta by the 000,000 may be rolled on from . the fiseal year ‘The estinaates of tho Secretary of the Treasury for tho | !4¥ made A mavofactum. But whether this be the case y " petrolenin. ¢07,880. ‘Undor thin head aro inchited, | expenditures of the drcal year ending Jano 30, 1867, in: | OF NOt, it i tho universal testitouy of all revenue msgs tho. process of NAVAL sTORNS, mainly, th cluding interest on the public debt, are, as already stated, | *F% and collectors, that all taxomm hick are intermittent, hilerin thet man’ re, ent Under the present excise law, a tax of twenty-four the majority of them, railroads ex- | two hundred and eighty-four millions Of dollars,” Aflow. | occasional or exceptional, ike this oa repairy, #hould RS @ fermenting vate. Abandoutng both cents per gallon ob inconsiderable amounts, and are in op. | ing the autmol exponditares to bo inercased sixteen mil. | Y® avoided, inasmuch as the tax ln not pedi toe MM CF evo, with the full | and idx por cout, ad valorem on. ree Owing to the | position to he goneral system of revenue which the | lions of dollars above theae ostimates (making an aggre- | “2lerstood Re Saree. aeons, OF ae a eens je leading brewers | fact that the principal portion of these productions are commend, sound policy requires that they | gate of thros hundred millions of dollars), and setting | (colicction, We sone the lew oSioit Gee the country, devised a “plan for collecting the | manufactured { , ‘ rable inquisitorial quires more labor and expense on he country, devi i sections ot the country oker which the Kiel ax soon as practicabia, Aside fifty millions additional for tho reduction of the | {navieltoriol, “ = rtd “uct Bm aman | Ferran ar hve ren, tm oar Be aa ee, th | nia te pe ey eminn wl ama | Wc ayn saa trig nt sims | golmmany Meine et eee eS able; that from spirits of turpentine for the faeal your | ferroe $1215 (rum sae coaches, wagons, &, | mission) applicable for the vaduction ‘of taxation, of rene derived frees Tale searey Oprtng A6 UND te | Sour, Specien at na cimenliod ‘by the rotates or | 1908 harme been bat 48 4at 4 fn ullrones $5,917,204 Cighty-five iniilion® of ‘dollars. ($85,000,000). Nae ok: ecrtiaded a ca icles of “i a 5 to the Commission that the tax, as at dh head are also nelided telegraph and ex- hese catimates of revenue, as above submitted, aro ports on tea, ra oh an bropared Be page’ to Congress, | present imposed upon rosin and distilled turpentine, is om, the foriner of wiiich pay five ‘per cent | lees in tho aggregate than what tho Commniasion believe ily, Meamboate and other Fapid increase denen agnther wp Be, Bw thee R them are jal and oppressive; but as the supply of those » Jal but three per cont oy the grows amount of | will actually be reslized, without some walooked-for " . 39,896 62 sineo the war, tion of this sysiem, and th TON ot tha cree ton, | articles from the United States, to 0 great extent, con- receip} For this discrimination the Commission | interruption of the trade ‘and indusiry of the country 5 : Greate reven wexeios the Comoieckae e. nat the present trols the prices of the world, they are of the opivion that eason, Express companies, as at | and che results of their continued investigations and Making the whole rednetion of the revenue As Will be seen sly epeu-eh igiereataes eee the goverument, | the tax on spirite of turpentine and roein should not be | Present copiituted, are, for (he most part, mo- | enlaryed experienes deepens thelr convictions that the | DY the Feweal cl Lils wollon, aevaming asa the consu: feats Het leaf peeibeteor aun from fer- | wholly remitted, and that no drawback on their export | Bopoler, Mi the Grerage rate of profits peid by | capacity of all the great sourees of revente have been basis the returns of 1°65. , +++ $991,272 76 fee a of dollars, te foreign coanties be allowed. tein is oved to fare: f under father than over estimated, nits Deubjeot to certain exeaptions) of ai ; Product o ne inl vi 4} in almost 4 § lath Comentnatonsrot Inter. ird.—A repe hivot to certain exceptions) of - guesctncene, of the Comutieion has been especially | by the consus as 12,174,451 gallona, ve pir meoy 5 B inhes bere) pies Seapine grit he ony that part of weet on niucty four, which provides for the athirty- | give to the cotton product of the United States, ax a | 1,126,609 barrela. At tho presont rate uf twenty.four ; | tho excine iavw, an it stands, w , f tates on wearing apparel, mo hy $ perepue and they would rofer to their special gallo, the turpentine prodvel of 1560 would . > sour a es ©) imposed under the presoat reveane f d i covering tts . . J noun; and: tt m the Conmisnot ” wf the poor’ tha ; Torgomenme set orate of a be (at Yast) two dollars ber barrel the y - a sNesevadiomn: fang: conours Ib woes there: 0 given inne snuarpees Oak Oee amis Wace erm hia oman | woah ald vor 6“ won herd es Sp thea ohio eh hay he a d 9 product of the | the . , a Commission ask for a repeat of this portion of Ute tain; amt eh, pame be’ ceca of ts: | soesce anbttopmns om P x au artery rove of | Sa iam dir tose rom dain a creak mie of uty will hereafter be sibjectod Frese gpm +e part » | pan ) | tal aeaubstonuiaity, | snail operators ys iiliinors, dresemakers, shoe. and thus form another element of future increase in the Hy ett ere with the Pads ha the dividends and | corraet, the rpting ancl eareying out the | "4, ere aud ry, whone exemption from excise The products of ~~ erm eat tivopiat ie cout aod wil rte tm ay yenibe. ocewe ts whieh i || Coopatating aesoramewed verenrn and of ralerine | Rc mud fat ett age weer emt Je the Sonslaoraticn, OF tas sogtoet ot chinery an the expenses Ths caitection tm bone: {The receipts from licenses tor the sever daring | 2 'r er of wach corporation ° ps doky Ged bardans which tend to check ite ny ceonomy 10 ‘their ane, 9 ata The apse receipts “of foternal revenue for the ‘The above proposed 0 have been ag follows: nyse yi ee dae ads of banks and railroad eompenier | Such @ Ays: Cob, in Contrast with the present b hey Pcs Sasal years 1663, 1964 aud 1065 aro returned as. belloved, will not prove ta 4 -$6,524.178 42 | © be Gaiiicalitine cme ete eeopeesiaeos eral | se anes magia serene the cruorela | many, aes excoption. Weavily ‘taxed befure ath aK a her Corporations, wre | iy, in th ft of the Comm'n the ony | ees iaveated, and am additional tax om them, there. che adapters “ty 1) age and to our cumdition—the | fore, ax finished ‘articles, necemarily Involven exdosaive : twerity-tw T7.| every million of bates: bales 7h lege nie. Ro ponuuiury interest therein, Ht tx be | ouly one comustivio with grené fuel rowuit, amd with | [othr wn tie ter Me | With a crop of 1 an big cenis per pov. “ rive an annnal revenie of to the levying and on acrop of four ERIC, 3 bree of the excixe apon clot other articles bales, and lesa than the crop of ‘i 1, the to be received tion of the — ges gery will tod any P owt nut will pik revenue, o, wwenty-two ‘hee —y ed. A Ghiewe roluuns are invariably nade by an “2” wh sold for cone ve * where thay were before inoperative, seer 1 es correct than that large froatom to ‘ndwatey and clren ction whieh | By the operation of this law, moreover amali taxes are ‘some ehanges which the comutssion ya ar yogarrnd Rarenten oN ‘ uateigmyply thd eottrs of 4m CULT | cttoetad from al auinber of smiall and poor opera. basi tives ~miltiners, drosmakers, shoemakert, and others— nner unworthy the dignity of @ great nation, Aud yiowwly not comenplated by the origioal (ramérs of ferme that the revenne derivable Life i». in effec «| the law ui . as ending Jnue 30, Teer | fot xeeae for the fisca! -year ending Jane 20, eb tminitental 8) é i |. Bt by doubtlens fruo that tonny ‘who are ongaa: 4 In tho oe 1867, Wu. GomAuae anat present, About $9, 0 ntly wank in the | wsuutacture of woartng i. Britata, durieg the . om on aitee: ’ sotler tue waren, 4 oa, and are abandantly able to pay the tax; bab source, wane £2,140,806 t Chia pad ave:inelided the sales by auction, by ‘of the surround. | tee condition of the great majority'ix fur otherw ae; and merchaulise, Mock amd gold ke.; the whole | nz country. draw our revenue | (n@ Comeniasion, after a review of the weale ae ce Dording « mesyos enne-of $4,002.43 : from few sonrres, mony and wae. | $020) tas if be mommved, that the. tax Vu Uke een rd My, YenaeaRinte of ta apen the talee of stockbrokers | loss perforations stance fails upon the consumer tho repeal of this sec- an aod w i ential of one per cent, or ive dotiar« on the Again, the productiveness of at ke, for example, om 6 " a Mo | which im the future con be Wgmentad {the par value of the stock | the tax on indusiry—ia not ita firet consideration, ‘The | © - oh pi Ray ge bey ya Fy pry S| Lan t to of the | sold. The tomhnony of th@teading brokers In New York, | thiec hundred ruillions of revenue annnatly required to om catuntnaberene: The: Compaaaton, thasolorn dealing in clerks, a8 aworm tw before the Commision, | mort our national expenditures and interest ie a very |6® | commend ine following enactnent > — ij . seoTns LO entablal the faot thet the above rate ts far too take from the rorources of the nation; That on aod afer July 1, 1800, wearing apparel of all heavy to be ifeod trom theswhole amount of butinees | but it is nothing serious in comparison to the tHlebt Dy oe whether wiser order ag for geurral ale, Urauengtad, busines from the manner of taking eth Pres. sith gt, bOole, alvoon, ghoven, triste meee TS Xj Pace sight with suine: She herwess 6 conaes guther: | copmand bonnets, oF Shier atilcton of Areas wade ur he tesceceses el RORY a6 nov rmporad, Te lar ty ‘dora Tomy aoc ont ear of ten, wove oo clkk deat atadl bi unuiyd {LOW ye tne eee maombers, of the stock ex a 3, free from Oxtine, jrovided that such exetnytions shall not apply a pe eb va ‘They ie em ae 1M ay from the: hourly proverat any artcter of cloth ng woenn’retared for sale by weav- to done res, | coch individual in the mation (o concealment», ina, kaising, or felling (hate excepted); wor to any ar- : Sieseods, freedom for iadusiry, ctroulatiog com | ti ing mad reparaiely fur sale ne conslituent pasta of actions iB stotka, bends ai o ion, everyw ~git@ the nation these conditions, |) amonta‘ion of (he mame; of to any mainder of the business, a very large part, undoubtedly, it will give in return a owing revenue. Deprive | cies nade fr no dremeed’ with tha capes taxation altogether, A# an i/lusira!ion of thin, He industry, and there will be die eee enna Inti rable ry oF t0 h in be plated that there are 4 jane number of dealers Fevenues, embarrarament amd | ie! and provided further, that employ brokers to #oll stocks, and then deliver ization every *bere—cheerfulness aud pro periiy ; Le ho hell taaael mealves, poying to the broker streply bie own Ow . t for sailing, The broker dows wot It may, however, be arged in opposition to the plan of che above action ° c. ply, aba enre for whatever pur with wutiot FR el i a h az ur for Ue a fur. or fur ‘ i iv Be 38 shi He : | dollars, ‘whi en j | Action, cannot comtral It aod cannot enforce the Comminsion for relieving mannfseturing tneuetry on doll ; ; ; 90, ‘artherimore, “peoific, and the of the tax. from taxation, that the enormous pronta whieh have pete inne ene _ eg f. pong for every od ‘moet. the Wit the ga'us which may by tnade by ® | It is the opinion of experienced men in Wall street, | recently accrued Wo manulacturers in a good — The amount by which the ‘re 6 will be n duced by lapue of tho national currency, These state- | chav if, daring the font twen’ , the present rate of | continuing to impore mpon them, at shine come fcatexemptifiention in thé fect that we | (axation lat boon paid on ait chet Weare: toms, the ver, | vols teaelien. It shonia, [ee ia mind |S repen a + ofthe first suecesfal counterfeit of am | cane rece roi by the government would fur exceed what | that the prosemt and recent condition of affaires inen- | (4° puurh lr ‘stamp. thove engogid te the business during that thine are now | tirely abnormal, and cannot continve for any great |) alr. Increase in the revenve receiptafrom stamps | worth. length of Lime, dnd tbat for every eane cited ax an ile a considerable to the recent require. Ti shor also be borne jn mind that the stock broker. | tration of ¢xeemve profits realize! by pernons or corpo: ace bowneet is tamed otherwiee most frequently, a tax | ritions engaged in manufactaring there te an cquel or Mak omesingel b ing im} eed OM @VEry certiicrte of stock taken ant on eater Bumber in which ne proit whatever hax been ng ah agereg sore sees ee every coutact for the delivery of stock. The rate of wiiaed; and furthermore, that profite in the fret Thin amount will be somewhat farther augmrated by Block brok fa, on the average, one-eighth of onaper | iniance are qu oly to have accrued from « the reveuu* ‘rom bails, caps aud other artiohs, the reve- cont; the imision of merchante is two and | rier aliliiy end exhibited ta y nee from whieh, not being returned separately, Ganect a bell per eent—twenty times @ large ag the comin esion | from any acton! ad) vantages of the busine he ascertained by the C of broker. To reach the same result at the end of the | me that manilseturing C Yoer a broker mart de twenty Umes as mach business as | Fourth. A repeal of the we duty of two dollars & merchant door, hence twenty Umer aa many checks iy, be shown, that in most depart oat Torey cones er tow letind uate, rig Bene the repeas minst be passed, which checks all bear stampa; thus | they do not yield lorge profits in more than throe years | of the daty of wx conte per (Om levied on miners) coal, showing that the stamp duty upon checks in brokersge | out of tom, and they warcely ever eerape two yours of oes of the duty of ove dollar per barre on grade pe- fe twenty tenes es much as it is ou the general mperean' ile oon In every ten year ; trot um ° Daslness of New York — Laneh ot fall of ortees These articles are all raw materiale lying et the baste Tt is the opinion, ferther, of thane most conversant ol 5 bankruptcy ef castemers, commere'al | of great brooches of industry, and it ix for the inierest With the steckbrokcrs’ bosinem of New York, that if it | revulsious attended with stoppage of basinees and coma | of the eountty that ter production apd sale should be, were pormible towbavlotely ewforce the law as it at pre. tion of demand, Finetnation of prices ue bane of | to the greatest pomsible extent, rae wes ey ae oo or ticles, talon ase banks Been! your 1865, wit be as fi , 16,420,008 6 1380.07 38 Gloves, mittens, ke. i $s 8s8 ses 1965 ‘The total io tobacco : La i i i HG il dl E i i i t | i k ne beokerase vaxtues fot the mle of socks | domestic industry, fo hang 0 great rise yiekie ot thee Phe reduction Eas oy es Ys to 20, amount, y extinguished, ehormour promt, itearries fear and perilous change | Hew on U ese arid iho returns 0 feat thé pre cad return an ‘snnvat ‘ whole abject, ib which they | inte every busines, and canses men ee oar to dand | yeor 866 x & basis of computation, will by ar follow reven: ome amendment of stampe;” avd from the fret (bank od by the jndgmoent of the leading weinbers | on the very vergeof mxulvoncy. Not lew than » thin of | Pro plg (00... ..cccr eee seene er cere s SLAM me the present Of the stock the receipts for the feral year 1866 aver. | of the New York stock exchange (one of them hacing Prom coal nate peeee+be 008 O1 the country tax, L « form: bern A PTOMDeDt member of the Commiiter of et ke camper poeta! + | Prem petreteam ..,. wreee ret annual now nearly believe that the om each bunch | Ways and Means that diw'ted the Interwal Heveune law), | tuations of foreign trata are utterly rained before they — —— wot lone veroment ‘a8 anpoal revenue the Comm! lon would recommend that the prewut iow | com atte b that capital endl etrengtl wit ” opens coe geen , MEMO GO Sennieien fen Tenmnust .oh lmpoming tnx of five dollars on every (enghoraahd do der al emt 1 Wt ofr venve derived from Une tax on crude Jars, oF opt-iwentioth of one por cent on t wv 0 dollar per tarred) bor tee Decal year coding Bi ptorks eld repent apd in Tien thereat & ny Wet C2605 OL An the revenue from ove dollar on ten thonond dotlars, or the one bandredth | three yours we Do led im the mene gate eetimatem (1-100) of ane per cent on the yp jae of the rtock be | mn of tax t 8, Oo allowance in pow substitated, snl coflected in the [glowing manwer — That eoth wie of be coompanied by a mewwora wim with pecewary i il f rif 4 ig the aber inilat Texsone lo the abuwe, awk ie view of the | Crm antion of the reuprocity testy, the eommeminees ald te omnes hy es Bay din prend bony iting the be te nied Sas sobteed’ bem one doling and vwenty- liable to a penaliy. one hall to norte of which the effert of the tar e yee q roma! ‘ . 0b tomes compel on , nilly of coal li tuto amd «x from the re fer to the goreroment , with h han beep to compel & | ian Aavten 4 year erable a any time jor on ot Taal poeta from the dave bt the Wramspetion, ~~ | fut, metwithetanting the demonstration which to the retaeme of the ‘Trenemry Department, ts a0 Such » - LH 38 ; Bt Bi in i 4 i ' fi at i me 0 We 7 watleve they hove prevent of the dorirs be aud the rate by yt Fe tal coesity Sap, entaiwat ‘he prar abitey tow tion coat | Inpetted onder che reciprocity twenty, free of ry vy = first imposed, 10 the of view, of so vmwnding th reveoue asim of vue | | duty, J.0B%403 bushels valued at. ».......1;200608 an of dollars upon the - . “ 4 Senter an to police odweiry and simplify dor cot. | Pry mg duty Q 151,609 bushels, valeed at... -. on sou was STeeo ‘wae Gveuned betl-tebiTat bess Oe eee er tart of the transsctions y are not prepared We for nd | Exported ° 2908 26 pi ‘procure ibe bere wegen- in goveminent eer uritvos a: yrosent 1: done (according to | that ° ney ee | ae — oor a the statement# made to the Commission) at about m6 Fre Weary, san & ihe | Mp" ae er sixteenth of ove per cont promt, whieh | on $19, LT pee al ~ ST te teaantad Agi sort ‘te, © 2000, S500 aemeoes moe Ky! 41 ; be canned A vepeatot sli excise tamee on been, nem of the moat pagarigus Canng! BO" ¢ enter 5 its trated, and mv Of proft than formerly. The le : New York, who, few yearnago, sald goods vo the change from Of one million dollars par sauvm, at from ton to fiteen | mode gradvally, and oo! per cont profit, now veil from thing to forty millions per | bewed examination of) fed, the pede (om Of the perenne liitely to Annem, a: (rote two & fro por cent profit; and what ie | cam te dow with prodenoe am teers . taking (he returee of the fins tree of the dry goods bosinens, is more strikingly 1 f ‘ And enen par eo, true of the Lraneacuens of the stock brokers. “ : ah ST Te therelure, the principle of subjecting ‘and frequent Wasinent taneertions, torning ob z33 a2 penal proOts, (0 the minimam <poeitic tax, the govern. the © mn the & Z| det aos nent wi! but follows bong feeagniaed ond keond com: or poourt if in the | thas, the taxes levied ant paid upon al " merrial poly. ered tart handiae, eommeratie’ iq section sinety four Of the ‘There is at At ea ded act of Maret: 8, 1965, be redooet ay! a te provivious & Nard tables” exc We teres iapond voter (hie seesibe and actetule— om ‘oa, carringer, Watebee, pianos, plate, yachts, kel although jnid wainly oo stile of laxury, mre ie quisterial iu thetr eharacter, Bad ar active Of more ance te the ie and of and expeuse Wo ) th ney (which Mae ernment (han « COmmmentursbie With apy revenue | promote), vewid nat, iu the able from thew. impels the oe) ene Wo oe Thos, for the fecal year I86b the rave from gid pile amoanted Pionotorten, 7,16! yults, 92 and “. The aoe 2 ° ay er . rapes! , w Nheaee ercepted—talting at stew the er Sechl yout ending Jaume 1, 116-1 - oe eee a section P46 of the oe of engine, | | E : j i fii # } se a H t af tik i “a a hme od bid digas . arte oth 1 o pendownee Mame twee mm ye oe Re