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Treasury Report on War Time Revenue Policy and Loans 1813
A detailed exchange between E Bacon and Albert Gallatin outlining the 1813 budget plan. It discusses borrowing a ten million loan, expected receipts from duties under war, and the need for a steadily rising revenue. The secretary analyzes tonnage duties, salt taxes, and internal taxes, proposing a five million gross tax plan with three million direct and two million indirect taxes. It stresses avoiding prolonged debt and urges prompt revenue organization.
MENTIONED IN THIS ARTICLE
Committee of Ways and Means
Treasury
United States
Connex
E. Bacon
Albert Gallatin
the Treasurys
France
Baltic
China
England
Portugal
Spain
Bank of the United States
Senate
Secretary of the Treasury
U. States
Pennsylvania
Orleans
Rieti