The Republican party; its history, principles, and policies . sfrom import duties. The only reason for a surplus in theTreasury to-day is because we continue the dual system of taxa-tion and still retain a part of the internal-revenue or directsystem of taxation which grew out of the necessities of the this were abandoned we would be able to raise the requisiterevenue from customs sources, and this taxation would belightly felt and prove less onerous than any other system. It is only a question of time, if our surplus continues, whenthe internal-revenue system will be wholly abolished a
The Republican party; its history, principles, and policies . sfrom import duties. The only reason for a surplus in theTreasury to-day is because we continue the dual system of taxa-tion and still retain a part of the internal-revenue or directsystem of taxation which grew out of the necessities of the this were abandoned we would be able to raise the requisiterevenue from customs sources, and this taxation would belightly felt and prove less onerous than any other system. It is only a question of time, if our surplus continues, whenthe internal-revenue system will be wholly abolished and ourrevenue be derived exclusively from duties upon can well be left with the States to tax spirits and receive therevenues derived therefrom. Whenever it becomes apparentto the public that the one or the other must yield, the internal-revenue tax will be abolished. The division between the Republican and Democratic part-ies is not about the raising of revenues from import duties, butupon the class of articles on which these duties shall be im-. W YORK
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectrepubli, bookyear1888
