The Federalists and the Nation's Debt and Revenue Growth
The text outlines heavy unfunded debts for pensions and forts, costs of Indian wars, Barbary treaties, and census expenses totaling five million nine hundred thirty nine thousand dollars, plus civil government costs and wars. It praises Federalists for extinguishing debt through a revenue system based on import and tonnage duties, noting a rise from 5.5 million in 1795 to 8.8 million in 1800, with further growth anticipated.
MENTIONED IN THIS ARTICLE
Pennsylvania
Spain
Britain
France
England
Federwena Ene Sreeek
Post Office Revenue Over Years Cited in Historical Note
A historical note discusses evolving post office revenue, citing figures from 1797 to 1800. It claims revenues rose to 46 000 dollars in 1797 and varied to between 53 000 and 57 000 dollars by later years, highlighting mail volume as the main driver of income.
Revenue Totals From Import Internal and Direct Tax
The passage outlines revenue sources totaling eleven million three hundred thousand dollars for the present year. It cites import and tonnage duties amounting to millions, internal duties on distill ed spirits and stills, licenses, carriage taxes, refined sugar and stamps, postage, and other sources. It notes six hundred thousand from direct tax and a total of two million plus received, with up to three hundred eighty thousand yet collected.
MENTIONED IN THIS ARTICLE
United States
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George Heriot & Co
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Erasmus Roramayer
Santée
Theodore Gourdin
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Charleston
Meeting-street
James Symonds
Scoe