Speech #490018319

These items which represent taxation upon wealth only in the form of comfort. taxation upon our luxuries and indulgences in vice. in the consumption of liquors. distilled and fermented. wines. and tobaccothese items comprise the great sources of revenue. and from. which would come the expenditure under this bill. The other items I will read from the report of the Secretary of the Treasury himself: From sales of public lands ............................................................... 5. 705. OS6 44 From tax on national banks ............................................................ 2.914.222 25 From profits on coinage. bullion deposits. and assays ..................... 6.051.284 96 From customs fees. fines. penalties. &c ............................................ 07.464 27 From feesconsular. letters patent. and lands ................................ 3.714.613 58 From repayment of interest by Pacific railway companies ............ 1.608.071 58 From sinkingfund for Pacific railway companies ................. 2.476.707 78 From deposits by individuals for surveying public lands ....... 594.414 34 From proceeds of sales of Government property ................. 302.882 07 From Indian trustfunds ....................................................... 76.942 08 From immigrant fund ...................................................................... 177.002 50 From Soldiers Home. permanent fund ............................. 33.735 05 From sale of condemned naval vessels ........................................... 55.541 s0 From tax on tonnage ....................................................................... 400.312 46 From revenues of the District of Columbia ....................... 1 929.298 11 From miscellaneous sources ............................................. 2.471.53223 That comprises the whole. and I appeal to any Senator who may think as the Senator from Kansas doeshe not now being in his seatif there is a dollar of that taxation going into the Federal Treasury which comes out of the pockets of the poor if republican theories as to the effect of customs taxation are correct. No. sir. I look upon our system of Federal taxation as a benefit to the poor.