The book The Writings of Albert Gallatin volume 02 was written by author Albert Gallatin Here you can read free online of The Writings of Albert Gallatin volume 02 book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is The Writings of Albert Gallatin volume 02 a good or bad book?
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importation, the only productive tax now raised by the general government. This, before the late reductions, amounted to 21 millions, and is by those intended to produce fifteen. The United States had never, in time of peace, expended more than thirteen millions beyond the payments on account of the public debt, and including about one million for internal improvements. It is therefore probable, and it may be assumed, that, though the existing laws should produce more than 15, the revenue will ...be ultimately reduced to that amount. 2. The annual memorandum of the general expenses of fifteen out of the twenty-four State governments, and amounting together to 2, 912, 000 dollars, may be considered as substantially correct; and the expense of all together, and of so much of that of the District of Columbia and of the three Territories as is not de frayed by the general government, calculated at the same rate, cannot exceed four millions. A portion of their expense is, in some of the States, defrayed by other funds than taxes, such as sales of public lands, dividends on bank stocks, &c.
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