Newspapers / The Carolina Federal Republican … / Feb. 22, 1812, edition 1 / Page 1
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': - i t - i - -.. r jr. PUBLISHED printed;. AND I AT THREE DOLLARS PER ANNUM JLE H ALF ..YEARLY' IN ADVANCE. V- 1 . ' , J - - ADVERTISE fENTS WILL JJE .INSERTED AT SEVENTY tVE CENTS A 'SQUARE, THE V , 'J ' . 4 J, ' ' ylRST WEBK AND THIRTY-FIVE CENTS ED BX Zil JH?r T.?y wo4 according to. thj Dutic$ pirascs,do, l5d,oo- increase oi .popuiaifOQv fjanawimouc any tamp-auitesf l ao. 5CXiOJ augmentation in their rateyijsld nownear J; j j ' , '" j 1,400,000 dollars An avtr.ce im rant V" ' ! - . - fOR EACH CONTINUATION, NEWBERN PRICES CURRENT. MEfiClMMJIZE. ! &acon ' Beef, r Butter, - j Bees-Wax, - H -Brandy French do Apple : do. Peach Corn, -" Meal, ' - ! ; Cotton, i v Covfee, 1 - ; Cordage, - f -Fiour, "- " Flaxseed, - -(iin, Holland' - ! do. ! Country . -Iron, i - -! Pine Scantling, ; Plank, -! Square Timber. Shirigles, 22 inch'. Staves. W. O. hhd. do. R. O. do. i do. a W. O. bbl; Heading, W O. hhd. Lard, - - i r; Molasses, - j - s Nails, at the factor Toy - !. Pitch, ' -Rosin, - i: Turpentine, do. Spirits,! m Pork', - ' Hain, Jamaica,,. I - . d4. wr. i - - f . do. American, K SaltjAllumjp'ei'lOp Sc. inc,- . - .'ZoF LSuwr, -' Tobacco, Iran. ' I from ( i . a . rated. Dl C. D. C. Lb. 10 Barrel d 8 50 lb. , 25 gallon 3 62 1 1 is bushel , 40 J 45 ! 60 lb. 10 12 16 13 20 25 barrel 7 7 50 bushel 80 90 gallon 1 75 2 1 lb. 6 7 M ' 8 lO 12 21 24 ' J 1-45 lb. gallon lb. barrel L '2 1 1 rrallon barrel 12 bushel! 2 gallon 17 10 8 20 I"-12. 10 22 10 12 85 40 55 12 60 15 50 bushels 75 roi 65 cwt.-1 12 i3 13 2 1 40 SO 15 6V 13 MR. G-ALLATINS REPORT. (concluded Jr am bur last.) 'Hie attempt made under the iorrher di rect tax of the. United St itts to: equalize the tax, by authorising h board of .commis sioners, in each state to correct the valu ations made bv thef local assessors, was ai- t nded with considerable expence, and pro- Grctive ot crreai aeiav. in oraer to oosi- Ft this inconvenience, it is proposed, that tl e quota assigned to each estate,, accdrcf irj.to the rule prescribed by the constitu te n. should be apportioned by ,1a w amongst t! several counties, towns; or othersub visions of each statj i adopting in eacH Jt te, where i taxi is now levied the ap portionment of the jstate tax, whether that bt1 an absolute quota fixed bya previous st;:te law on the county or town, or whe ther it be only the amount which shall ap pear o Have been last laid on 8uch counry bv the operation of trie geiierai state laws imposing a direct tax ; making the appor tionment in the stages' where no tax is now levied, according to the best information w materials which can be obtained ; arid authorising the states respectively tew alter &t apportionment tlius made by law at a SV time i previous" to the dav fixed by law h Hss:essing the United States tax on in dividuals. The whole'pfocss of assess nt will thereby bei reduced to that of as 'sirj the, quota of each county, town or otberjsubdiyision,ion the lands, and inbabi t?ntsbl such subdivisob.' CIt .will be as mple, -and 'may beffectVds promptly, nd With n 1lftlf TTrCP.'iQ thf nt:csfnnt a county tax ; and, t th -obWcts of, taxa-i !iQn beinc: the same.it niSYlbe still Imbre ;e state assessment -on -individtlals. : when4 tv it can ;Jbe Jobtained Irpixilhepfopef jyjppear necessarj i to Resort to. any other those which had eri formerly-levied I i P.l States. , XsheyweW in operas V k I i! improveraeniSf. or oich j they are suscejptible ; are. ejtef junv I Lst0PA tHah.new; tares .could beVrWi th t4nv;6ther equally rbductiie w!d .K:WUted With ahvieal -advan iV'MM gross ambunt tofthose-'iaa 8 of about 50 per cent inthe t -wotdd pro duce 1 the intended V gross .amtiunt df two millions. But7 it j js bdic vecj thsi ti)a in crease ought hot ;o-b'e, the sanTe wiill fflose taxes,' and that sotae are susi::-ptibte ul greater augmentaiiuu oi extension , thin others. ' ' , f , r; ( 1. Duties , on domestic spirits distilled. There is not .any. mofe r eligible object of taxation than iitdent spirits : but the mode of taxation is liable to strong objections, particularly with respect to persons who are not professional manufactqrersf and who only occasionally distil" the produce of their farms, it is therefore proposed, that the duties on theiquahtity of spirits distilled, should hie, Tevird only on spirits distilled from foreign materials, at the rate of ten cents per gallon, distilled ; arid on other distilleries employing stills .the ag gregate of which shall contain more thon four hundred gallons, at the. rate of three, cents per gallon distilled ; and that instead of a duty on the spirits, or of licences-in proportion to the time employed, all o ther distillers should onlypay an annual tax of five dollars, for .each still solely era -ployed in the distillation of fruit, and of fiftaen doilars for each still otherwise.em ployed. This, tax may' also, still . without reference to time, be .made to vary accor ding to thesi ze of the still. At those ratrs, this class of duties is estimated to produce at most, 400,000 dollars: and it is inten -ted in that case, that another duty should be levied on the same article, -'in the shape of licences to retadtrs. ' Bv the adoption of that mode, thev expences of collection will be considerably duninisliedv pelrjfcs for not entering stills will, be iinncssaryi and they will be confinedivith" respect to country stills, to the. caseloclandes tuie distilling without paving tHe taxi 4, 2. Duties on repriedjsUgaf. A duty double of that heretofoVe laidf viz;iat the rate of four cents perpoufld, is estimated to produce ,200,000 dollars. The draw back bthofthat duty, and of that on ; the importatibaof the raw materia, ; to -be al lowed. - 1 3i Licences to,retailers .Thek-aire .1? I iievea i? oesusccpnuic ux tousiaeraoie ana V very proper augmentation and extension. I lne loHoving rates' are estimated to pro duce 700,000 dollars :' For a license to retail wines T B20 - Do. do spiritb generally 20 Do., do. domestic spirits only, 15 Do; . do. any other species of foreign merchandise, 10 Tayern-teepers licensed under the-au-thority of any state, arid" hot living f firing city, town, village or within nVe miles thereof, to be excepted Every other person who sells wines, loreign spirits orforeign merchandize otherivise; than in the vessel or package of i mportatibiij pr , the:caSe ofdry groods, otherwise than by the piecev antl every person who seiis domestic spi rits in lessuantiiythan thirty gallon, to be corisidered as aretailer. 4 Duties ! on sales at auction. r Thbse confined to the sales of articles' of foreign produce or manufacture, and at thesame rate i aa he retofore; may (produce rabout 50,000 dollars, . ; v I t 5i Duties on carriages for theOnvey-r ante of persons. 'Thsc duties, adding at the rate of fifty per. xent; on the.dtities formerly raised, tare estimated to pigduce 150,000 dollars. fj- r.6k Stamp duties -SiAn association of i-i deas w bich tonnecthose. duties with the attempt of Great Britain to tax 'America'; and which migt "witlt equal prourietyr'at-, tach odium to the duty on the importation ot tea has rendered their ?name ifn' sbime, degree unpopular ; The great extension of post roads, and the facility cf distribution, have hpwever removed the mdst ; Substan tial tobiectioriS' to which thev:;lerea' liable; Tbey'qipipt appear to be morejiriconvenip: eht .tbaa an other r internal tax, aidd ;the expenses of coUedtiOn arei less than on an v ptner oeing omy a cpmrnissipn on tnevsaiev and;the, cost of ;tp4petaad sfemping.c? ; jAt thWiSame.t'aVes ks heretofore twlth tb'e ex. ceptiorl O.f bank n0te,r SiCjv.hicb an increase appears rprHper twith' an option-:; t6 ; (h6 banks, to pay one .twentieth part of their di- vidends in liedlthereof)! they are estiiuatei to prodUc:;$oo;oo6 lars.vrCH". OirectitaxV kfilt jnount,: fS ;S3opop Duties on spirits; andiv'ii A;:drp'i Refined sugar, grotpjiv -r ;t v -'4- amount,;; ; 120000 ... ? 55,000 I. powerful assisuScek i nSuA baokV- h .ct ; ! 9,f the subject - Kta mps foVdbry. impre ai revenue. lnr i rtu . 4 fences ariaxthferinfo .t' i - " : C i otai gross amounts (.Deduct. expenses of as sessment and collect . , tion and losses, esti mated at 1 5 per cent i Netampunt esti mated fbrf 114 S4 250,000, 750,000 But are hot estimated to -iin 181, more than ; yield Most of the internal taxes have been es-; timated at their maximum ;lbutt is hoped that any, defalcation from the estimated a-; mount vill be compensajted by, a Bimuni tion in the expences of collectibn,'which have also been computed 7at the highest ri For the superintendance 6f-thoe taxe; botbdirect and indirect,v it iappears indis- pensaoie tnat the omce pt commissioner of the revenue should be re-established.' For their, collection, the former offices of supervisor and inspector, are believed vto have been unnecessary and injurious link's in.the system, and that the expence will be diminished, and the collection & accounta bility better secured, by the division of the states into convenient collection districts,-and by the appointment of a collec tor to each district,' who will pay into the treasury, and he immediately accountable to that department in the same manner as the collectors of customs; This arrange ment, thgreater amount to he tollected, and the Vimplificatioir an the objects and mode of taxation will;si is hoped, reduce in a short time the expences of collection ol the indirect taxes to 'M'2 instead of 13 per cent, which they iortherly cost, wheVi brought to their highest degree of imptove meiif. Ih estimating the charges on the uirect tax at 45?per cent; 5 per cent have been allowed, for the assessment, 5 per o;nt for the icbilection; and 5 per cent for losses; Thirjasxitem isf principally btiic count tf losses-on unseated lands; oti onie ternote districts of cohntty, and js ' not suscepuoir ot mucn reduction, i nat tor assessment may be lessened, in those states where the .objects of taxation-do not require w atwUal - valuatloq or where, the state or county assessments may be Used. ji he expehcie .)f collection proper may be aiso in some degree lessened m Cities and populous districts, and byi uniting it with uiai oi cue miernai taxes. it is nowever necessary i , that the comt&Ksation of the collectors besufficieht to command the ser vices ot men properly qualified, and in e very respect worthy of the trust. The late enquiry of the cohimittee ie iates principally to the terms on which loans amounting to at least ten millions ofl uuums pcrsauuuinj may? oe ODtaineu; ana io'thevpltjrpforbej adapted for th reimoursement ot such Joans. 5 The terms on which annual loans to that amount may he obtained-vttt be ascertain x ed Only by experimenu ' Government has never since its organization j 'obtained considerable- loans within' 'the States, at the rate- ot six- per cent, a year, except from the Bank of the UStatesV and these on a capital of ten: millidns, never amoun ted to seven millions in the wliole. Inprov portion i to the amount wanted for the ser- vivOiVi uic' year, auu vu iue increase or stbckr of the public debt at" market, . the 1 ...i ii' i i r. icnus must naiuraiiy uccome less lavora ble; 'r'lt must also be ' recollected that. in addition to )he, sum wanted " to defray the extfa5fdinary expenses of- war, ah . annual loan equal to the annual reimbursement of the six per cenu and deferred stocks presf cribed by lawwill ;alsohrTedt)ifed;',:''-irhisy together wtthT the eimburseinent - of .the, resid tie of the converted stock 'am auntirig Arr 1 11 MI'S: ' ' . r toiDo,vAjL, uous. win jor uus year araouni, a has;been 6tated m' theiannual repttftito 2;i 35,p6o dolls As the;J interest 'Jon the existing debt is. includecl , in the ,u current expencesTj' the loan necessary-for the reim bursement df ihe six;per' cientv'abd defers oJute v vl ly riecessi it:1 TUW ur rlf :::IPcr.ff't m6 more nrii A discretionary pVntc,st scfar as relates , tSth0'.?1 reR?ct er Ineligible j buHs'i'i1.1?1'- bf leaving, the publifi ser fjl tor. it is also for the saneVlJIUVi,la site that the loan maf he matS?1!'? ble for a term" of hot: ess tW-tSTWi in a xoriiiercummunioation, to JtKr-r mittee of ways and means, it a" su?"1; V ted, that u tfeasury-rjotes,1!; hparing ll est, might, to 'V certain etent beisiueX v'" and to that extent diminished :T Vifrount to be directly bdrfowed.The.adyantagel they woulcl fiave-' would result Yrpm -theirs f 5 becoming aartof thecirciatingmedium, , vi and. taking to a certain degree the-place & ; of bank notes. It is evident, AoweVerl Hi uiai luriuc same reason tne issue roustbe r -moderate; and never exceed ihef! amount ' ( which j&ay circulate Without cleVreciation ' The loans necessary Tor the present yearj arej 1st, A' sum equal to that whichuniay; . during the year, be reimbursed on aecount of the principal of the debt 2dly; The a mount of expences whicft . have been or inay be authorised by Congress 1 and are ' not included in the annual estimates. The first sum iwtll certainly amount to . 2135,000 dollars, and J may be greater, if the stdclCshoufd sink heloV par. - ' mc Bctuuu sum, caunot yet oe statecu -1 SI as theeWnateS for the additional, army V Ceived.brthe tfeasuH' department. 'v i The deficit of V,Oa,000 dollars (on the U peace re-establishnlent is not inducted ad ; -6 iUal report, ilea ve balance thaiif ua- willf as stated in the1 an in the treasurtsa smaller er existing circumstances js eligible. L It mHv.Ptppf r to rapat, that soonff as tne pUDuc credit is j preserved, and a sufficient reVenufe is provided, no doubt i. are entertained of the possibility pf prdcii- f ring on loan, the ums Wanted to defray i uie eiraorui nary expenses oi a war ; ana , that the apptehensions. 'expressed,' relate t solely to the terms of the Ipar, .?t0 the rauf of interest at which "they can be obtained." 1 , The reimbursement df - the new debf which may e created j J must ultimately depend;0n the respective,. Ire veaue and ex penditure of the IJ.States after the resto ration of.-peace."' No artificial provisions, no appropriations' or investments of parti- f cular tiinds in certain persons, no ' nomi- nai smiting tiuna, nowever constructed, , t "will ever reduce a public debt. ' Those 'who' i, create tne aeot can only estimate what tne : y peace revenue and expenditure wilbei arid ' i taithfully and persevenngly applied to the payment of the principal, i ' ' -lhecurrent or peace expenses nave been estimated at nine million's of dollars. . -'Sup-, ifi"- ;k I mount only t0rlo?O,OOO ilollars. l he, IdarisVforthose sainsy. 5 will jndcedcreate no'additional? tov heamouhtidf thedebi, buwiir InertKeies'sJncrpaj?'' jthe,. total sUnlio be annually bbrrov :d.t It'must al so be obseryedthat':if.tb :ce oPstbcks should sinkblowaTth nmisoneri prthe 'sinking5 1 rind ate .bpuiid by tne ex isfihErlaWsv'to apply tthe residue -of the dn- liual appropriation iof eighth millibrisa War Uvitl 'ihisyv. .amount fto 3640,600; dolls; wmcn in ma; case: must aiso ,oe, oorrpwea. :eU Retailer licencesl ldo. 700.000 Tv Il or lea K&mloft7i: do SQ.WT:ii: 1 It is a liiwsot" those several, cor -idcrationsi' which his- created Fan apprehenVtbaVthat is to t s uch large Amount might riot perr 3 bj obtained "oii' as Ifavor'abTe term&'hs '1 aejrretrate ot the peace, expenditure wp peace revenue Of ihe.U.t States" .ihay at the! existing rate otduiieshefairl'estimatedi ; J at htteen millions, there would remain tne to 'if first outset a surplus";Of ,three millions, of dollars applicable td the rdemptionTdfthe" ' trfr debt; Sofarthereiore, ascaii .be-now s foreseeh there is' "the' stroncest reason to believel;'thattK ! oe aiscnargeu w j wi s laiiuwyj ana as speedi ly as i the: terms bfc the IqaVs WUV permit1: ; ii or aoesanyoiuen pian m.inat respect ap:. ; pearne?elsaty thairto extend Hhe apritica- . tion Of thev annual appropriation of , eight ttulfiptTs'Sc" which' isVaniply sufficient for- h! jthat purpose ta thev pavmeiit . of interest A"" V and reimbursement of the principal of the ' new ucuu u uuum ; wau ue t cuieriaiiieu 5 Of that nipde hetng sufficiently efficacious, . ; sihce'hy tna,t plan alone fortysixVuillions f of the public debt .havejbeeri reimbursed ; durin ts -the: Iftt 'Eleven ' vearsl?'lthe na- uonai reveuueexceeas aoe nationai ex- ment of trie principal of the; deht,7ahdrco- . extehsive with the object, "Js. sufficient, and -: AVm;infallibly"extrnguish the debtl; If the expense 'exceeds; the.reyenbe, the,appro-vt-tSriation of any1 specific sum;raod-Jthein- . vestmeurof 'the interest extinguished, v.: oi any "Jthero fund,wiil prove1 altoget: . ,gatoryVnd';tlier national debt viil, -athitudin tli at apparatus, ' I -
The Carolina Federal Republican (New Bern, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Feb. 22, 1812, edition 1
1
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