Abridgment of the Debates of Congress, from 1789 to 1856, Vol. 1 (of 16)United States. Congress
History
Abridgment of the Debates of Congress, from 1789 to 1856, Vol. 1 (of 16)
United States. Congress
Law -- United States; United States -- Politics and government
Mr. SHERMAN.--The gentleman from Massachusetts (Mr. AMES) has said, that
because we cannot raise the whole sum necessary to supply our wants, we
should be content to stop half way. I know we shall not be able to
obtain money enough by the impost to pay off our whole debt, but then I
wish to raise as much as possible in this way. I believe the people are
able to pay as much as the necessities of the Government require; if
they are not, we shall never restore the public credit, which is one of
the chief ends of our appointment. I believe they are not only able but
willing to contribute sufficient for this purpose. The resources of this
country are very great, if they are properly called into action; and
although they may not be so great as those of Britain, yet it should be
remembered, that nation has occasion for twelve times as much revenue as
the United States.
Gentlemen have had recourse to popular opinion in support of their
arguments. Popular opinion is founded in justice, and the only way to
know if the popular opinion is in favor of a measure, is to examine
whether the measure is just and right in itself. I think whatever is
proper and right, the people will judge of and comply with. The people
wish that the Government may derive respect from the justice of its
measures; they have given it their support on this account. I believe
the popular opinion is in favor of raising a revenue to pay our debts,
and if we do right, they will not neglect their duty; therefore, the
arguments that are urged in favor of a low duty will prove that the
people are contented with what the bill proposes. The people at this
time pay a higher duty on imported rum than what is proposed in this
system, even in Massachusetts; it is true, it is partly laid by way of
excise, but I can see no reason against doing it in this way as well as
the other.
Mr. LAWRENCE.--It has been intimated by gentlemen in favor of high
duties, that it will limit the consumption of foreign articles; if this
be the case, the quantity imported will be lessened; if it is our object
to raise revenue, it is certainly unwise to destroy the object from
which the revenue is to be collected. It is supposed the amount of the
duties will be insufficient to answer the public wants; and yet the
public creditors have great expectations from this resource. Let us
therefore be careful how we destroy it; if revenue is our primary
object, and the other considerations but secondary, we should do nothing
to operate against that principle.
Mr. MADISON.--It does not follow, because it will in some degree limit
the consumption, that we ought not to lay a high duty on rum; if it has
that effect, it will be an ample compensation for the loss of revenue;
but probably, as we extinguish our debt, we shall have the less occasion
for the revenue itself.
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