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Show THE REDUCTION OF TAXES. Tho receipts from cu.-Uoma duties for tho present tiscal year which ends J uno i'.Olh, 1S72, will probably amount to oO.OOO.OUO, while the income from internal revenue will at tho lowest estimates, es-timates, reach $140,000,1100, and from bonds and other sources at loast 01)0,000, giving an aggregate of $4 !.",- 01)0,000. The total neeorsary expendi tures of tha government will hardly average yj.OOO.Ouo, which will leave a margin of receipts over expenditures ; ol'Slli0,0O0,Ui)Oi and there is a general demand for a material reduction ol ho heavy luxation which oppresses many elates of the people and has greatly deranged and embarrassed the commercial prosperity of tho country. coun-try. A sharp reduction of fully one hundred million dollars in the.c burdens bur-dens would bo greatly appreciated, and : congress would he striking a blow for popularity by voting this relief. Secretary Sec-retary Boutwcll it is bolieved, will re- f . commend a dcorcaso of lifty millions; p hut as the Presidential year is upou ; us, the politicians will likely be willing to make a higher bid yet for votes. There is no other country under 1 heaven bo tax-ridden as the United I States; and none where so small a proportion of the enormous bulk of tuxes filched from 'the people goes into the coflers of tho government. |
