Presidents -- United States -- Messages; United States -- Politics and government -- Sources
Under our present revenue system there is every probability that there
will continue to be a surplus beyond the wants of the Government, and
it has become our duty to decide whether such a result be consistent
with the true objects of our Government.
Should a surplus be permitted to accumulate beyond the appropriations,
it must be retained in the Treasury, as it now is, or distributed among
the people or the States.
To retain it in the Treasury unemployed in any way is impracticable; it
is, besides, against the genius of our free institutions to lock up in
vaults the treasure of the nation. To take from the people the right of
bearing arms and put their weapons of defense in the hands of a
standing army would be scarcely more dangerous to their liberties than
to permit the Government to accumulate immense amounts of treasure
beyond the supplies necessary to its legitimate wants. Such a treasure
would doubtless be employed at some time, as it has been in other
countries, when opportunity tempted ambition.
To collect it merely for distribution to the States would seem to be
highly impolitic, if not as dangerous as the proposition to retain it
in the Treasury.
The shortest reflection must satisfy everyone that to require the
people to pay taxes to the Government merely that they may be paid back
again is sporting with the substantial interests of the country, and no
system which produces such a result can be expected to receive the
public countenance. Nothing could be gained by it even if each
individual who contributed a portion of the tax could receive back
promptly the same portion. But it is apparent that no system of the
kind can ever be enforced which will not absorb a considerable portion
of the money to be distributed in salaries and commissions to the
agents employed in the process and in the various losses and
depreciations which arise from other causes, and the practical effect
of such an attempt must ever be to burden the people with taxes, not
for purposes beneficial to them, but to swell the profits of deposit
banks and support a band of useless public officers.
A distribution to the people is impracticable and unjust in other
respects. It would be taking one man's property and giving it to
another. Such would be the unavoidable result of a rule of equality
(and none other is spoken of or would be likely to be adopted), in as
much as there is no mode by which the amount of the individual
contributions of our citizens to the public revenue can be ascertained.
We know that they contribute unequally, and a rule, therefore, that
would distribute to them equally would be liable to all the objections
which apply to the principle of an equal division of property. To make
the General Government the instrument of carrying this odious principle
into effect would be at once to destroy the means of its usefulness and
change the character designed for it by the framers of the
Constitution.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account