imply that the act for incorporating the
bank was unconstitutional, was previously struck out by the
same majority.]
[Sidenote: Inquiry into the conduct of the secretary of the treasury
terminates honourably to him.]
In both houses inquiries were set on foot respecting the treasury
department, which obviously originated in the hope of finding some
foundation for censuring that officer, but which failed entirely. In a
similar hope, as respected the minister of the United States at Paris,
the senate passed a vote requesting the President to lay before that
body, his correspondence with the French republic, and also with the
department of state.[20]
[Footnote 20: See note No. VIII. at the end of the volume.]
The preparations for an eventual war, which the aspect of public
affairs rendered it imprudent to omit, and a heavy appropriation of a
million, which, under the title of foreign intercourse, was made for
the purpose of purchasing peace from Algiers, and liberating the
Americans who were in captivity, created demands upon the treasury
which the ordinary revenues were insufficient to satisfy.
That the imposition of additional taxes had become indispensable, was
a truth too obvious to be controverted with the semblance of reason;
but the subjects of taxation afforded at all times an ample field for
discussion.
The committee of ways and means reported several resolutions for
extending the internal duties to various objects which were supposed
capable of bearing them, and also proposed an augmentation of the
impost on foreign goods imported into the United States, and a direct
tax. It was proposed to lay a tax on licenses to sell wines and
spirituous liquors, on sales at auction, on pleasure carriages, on
snuff manufactured, and on sugar refined in the United States, and
also to lay a stamp duty.
[Sidenote: Internal taxes laid.]
The direct tax was not even supported by the committee. Only thirteen
members voted in its favour. The augmentation of the duty on imposts
met with no opposition. The internal duties were introduced in
separate bills, that each might encounter only those objections which
could be made to itself; and that the loss of one might not involve
the loss of others. The resolution in favour of stamps was rejected:
the others were carried, after repeated and obstinate debates. The
members of the opposition were in favour of raising the whole sum
required by additional burdens
|