Mr. Clay's Speech in Support of An American System for the Protection of American Industry, Delivered March 30th And 31st, 1824
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We shall not then have occasion to vary the existing systeoa of taxation ; we shall be under no necessity to resort either to direct taxes or to an excise. But, suppose the alternative were really forced upon us of continuing the foreign system, with its inevitable impoverishment of the country, but with the advantage of the present mode of collecting the taxes, or of adopting the American svstem. with its increase of the national wealth, but with the disadvantage of an excise, could any one he...sitate between them ? Customs and an excise agree in the essential particulars, that they are both taxes upon consumption, and both are vol= untary. They differ only in the mode of collection. The office for the collection of one is located on the t>ontier, and that for the other within the interior. I believe it was Mr. Jefferson, who, in reply to the boast of a citizen of New York of the amount of the public revenue paid by that city, asked who would pay it if the collector's office were removed to Paulus Hook, on the New Jersey shore ?
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You can find similar books in the "Read Also" column, or choose other free books by Clay, Henry, 1777-1852 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
We shall not then have occasion to vary the existing systeoa of taxation ; we shall be under no necessity to resort either to direct taxes or to an excise. But, suppose the alternative were really forced upon us of continuing the foreign system, with its inevitable impoverishment of the country, but with the advantage of the present mode of collecting the taxes, or of adopting the American svstem. with its increase of the national wealth, but with the disadvantage of an excise, could any one he...sitate between them ? Customs and an excise agree in the essential particulars, that they are both taxes upon consumption, and both are vol= untary. They differ only in the mode of collection. The office for the collection of one is located on the t>ontier, and that for the other within the interior. I believe it was Mr. Jefferson, who, in reply to the boast of a citizen of New York of the amount of the public revenue paid by that city, asked who would pay it if the collector's office were removed to Paulus Hook, on the New Jersey shore ?
What to read after Mr. Clay's Speech in Support of An American System for the Protection of American Industry, Delivered March 30th And 31st, 1824?
You can find similar books in the "Read Also" column, or choose other free books by Clay, Henry, 1777-1852 to read onlineMoreLess
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