ple of the United States now pay in taxes, on confided to my care. I will here remark, that imported articles, twenty six millions, five hun- if the duty on protected imported articles, shall dred thousand dollars. This is the sum which amount to twenty millions of dollars, and the will be paid into the Treasury for the present imported articles shall constitute one half of year, from that source of revenue. From other the amount consumed in the United States, and sources, that is the sale of public lands, bank the other half shall be supplied from the dodividends, and incidental receipts, four millions mestic manufactories, the people of the United one hundred thousand dollars, amounting, in States will be taxed to the amount of forty milbe the whole, to thirty millions one hundred thou- lions: of which, the one half arising from the aland dollars. I know of no reason, I have duty on foreign imported articles goes into the Seard none assigned, which would authorize Treasury, and is of some public benefit, the an opinion that there will be a diminution other half goes into the hand of the domestic ed of revenue, provided the duties remain at manufacturers, and is of no further advantage, the present rates. I admit, that upon the than as it increases the wealth of a few of the item of incidental receipts, no great reliance capitalists of the country. |